Mortgage Loan of $1,250 for 20 Years at 2.30%

What's the payment on a 20 year home loan for $1,250.00 at 2.30% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $6.50
$78 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $1,250 loan. It can be used for a house, car, boat, credit card debt consolidation, student loan debt, motorcycle, RV, race horse, exotic pet, business, real estate, etc... Try paying off your loan early or refinancing to save money.

Also remember to consider other home costs like insurance, taxes, PMI, and general maintenance costs.

Loan Table for 1,250 loan for 20 years at 2.30 percent interest
Amortization Table. How much goes to interest? How much to principal? What's the loan balance?
Month Monthly Payment Principal Paid Interest Paid Mortgage Balance
1 6.50 4.11 2.40 1,245.89
2 6.50 4.11 2.39 1,241.78
3 6.50 4.12 2.38 1,237.66
4 6.50 4.13 2.37 1,233.53
5 6.50 4.14 2.36 1,229.39
6 6.50 4.15 2.36 1,225.24
7 6.50 4.15 2.35 1,221.09
8 6.50 4.16 2.34 1,216.92
9 6.50 4.17 2.33 1,212.75
10 6.50 4.18 2.32 1,208.58
11 6.50 4.19 2.32 1,204.39
12 6.50 4.19 2.31 1,200.20
13 6.50 4.20 2.30 1,195.99
14 6.50 4.21 2.29 1,191.78
15 6.50 4.22 2.28 1,187.56
16 6.50 4.23 2.28 1,183.34
17 6.50 4.23 2.27 1,179.10
18 6.50 4.24 2.26 1,174.86
19 6.50 4.25 2.25 1,170.61
20 6.50 4.26 2.24 1,166.35
21 6.50 4.27 2.24 1,162.08
22 6.50 4.28 2.23 1,157.81
23 6.50 4.28 2.22 1,153.52
24 6.50 4.29 2.21 1,149.23
25 6.50 4.30 2.20 1,144.93
26 6.50 4.31 2.19 1,140.62
27 6.50 4.32 2.19 1,136.31
28 6.50 4.32 2.18 1,131.98
29 6.50 4.33 2.17 1,127.65
30 6.50 4.34 2.16 1,123.31
31 6.50 4.35 2.15 1,118.96
32 6.50 4.36 2.14 1,114.60
33 6.50 4.37 2.14 1,110.23
34 6.50 4.37 2.13 1,105.86
35 6.50 4.38 2.12 1,101.48
36 6.50 4.39 2.11 1,097.09
37 6.50 4.40 2.10 1,092.69
38 6.50 4.41 2.09 1,088.28
39 6.50 4.42 2.09 1,083.86
40 6.50 4.43 2.08 1,079.44
41 6.50 4.43 2.07 1,075.00
42 6.50 4.44 2.06 1,070.56
43 6.50 4.45 2.05 1,066.11
44 6.50 4.46 2.04 1,061.65
45 6.50 4.47 2.03 1,057.18
46 6.50 4.48 2.03 1,052.70
47 6.50 4.48 2.02 1,048.22
48 6.50 4.49 2.01 1,043.73
49 6.50 4.50 2.00 1,039.22
50 6.50 4.51 1.99 1,034.71
51 6.50 4.52 1.98 1,030.19
52 6.50 4.53 1.97 1,025.67
53 6.50 4.54 1.97 1,021.13
54 6.50 4.55 1.96 1,016.58
55 6.50 4.55 1.95 1,012.03
56 6.50 4.56 1.94 1,007.47
57 6.50 4.57 1.93 1,002.89
58 6.50 4.58 1.92 998.31
59 6.50 4.59 1.91 993.72
60 6.50 4.60 1.90 989.13
61 6.50 4.61 1.90 984.52
62 6.50 4.62 1.89 979.90
63 6.50 4.62 1.88 975.28
64 6.50 4.63 1.87 970.65
65 6.50 4.64 1.86 966.00
66 6.50 4.65 1.85 961.35
67 6.50 4.66 1.84 956.69
68 6.50 4.67 1.83 952.02
69 6.50 4.68 1.82 947.35
70 6.50 4.69 1.82 942.66
71 6.50 4.70 1.81 937.96
72 6.50 4.70 1.80 933.26
73 6.50 4.71 1.79 928.54
74 6.50 4.72 1.78 923.82
75 6.50 4.73 1.77 919.09
76 6.50 4.74 1.76 914.35
77 6.50 4.75 1.75 909.60
78 6.50 4.76 1.74 904.84
79 6.50 4.77 1.73 900.07
80 6.50 4.78 1.73 895.29
81 6.50 4.79 1.72 890.51
82 6.50 4.80 1.71 885.71
83 6.50 4.81 1.70 880.90
84 6.50 4.81 1.69 876.09
85 6.50 4.82 1.68 871.27
86 6.50 4.83 1.67 866.43
87 6.50 4.84 1.66 861.59
88 6.50 4.85 1.65 856.74
89 6.50 4.86 1.64 851.88
90 6.50 4.87 1.63 847.01
91 6.50 4.88 1.62 842.13
92 6.50 4.89 1.61 837.24
93 6.50 4.90 1.60 832.34
94 6.50 4.91 1.60 827.44
95 6.50 4.92 1.59 822.52
96 6.50 4.93 1.58 817.59
97 6.50 4.94 1.57 812.66
98 6.50 4.95 1.56 807.71
99 6.50 4.95 1.55 802.76
100 6.50 4.96 1.54 797.80
101 6.50 4.97 1.53 792.82
102 6.50 4.98 1.52 787.84
103 6.50 4.99 1.51 782.85
104 6.50 5.00 1.50 777.84
105 6.50 5.01 1.49 772.83
106 6.50 5.02 1.48 767.81
107 6.50 5.03 1.47 762.78
108 6.50 5.04 1.46 757.74
109 6.50 5.05 1.45 752.69
110 6.50 5.06 1.44 747.63
111 6.50 5.07 1.43 742.56
112 6.50 5.08 1.42 737.48
113 6.50 5.09 1.41 732.39
114 6.50 5.10 1.40 727.29
115 6.50 5.11 1.39 722.18
116 6.50 5.12 1.38 717.06
117 6.50 5.13 1.37 711.94
118 6.50 5.14 1.36 706.80
119 6.50 5.15 1.35 701.65
120 6.50 5.16 1.34 696.49
121 6.50 5.17 1.33 691.32
122 6.50 5.18 1.33 686.15
123 6.50 5.19 1.32 680.96
124 6.50 5.20 1.31 675.76
125 6.50 5.21 1.30 670.55
126 6.50 5.22 1.29 665.34
127 6.50 5.23 1.28 660.11
128 6.50 5.24 1.27 654.87
129 6.50 5.25 1.26 649.62
130 6.50 5.26 1.25 644.37
131 6.50 5.27 1.24 639.10
132 6.50 5.28 1.22 633.82
133 6.50 5.29 1.21 628.53
134 6.50 5.30 1.20 623.24
135 6.50 5.31 1.19 617.93
136 6.50 5.32 1.18 612.61
137 6.50 5.33 1.17 607.28
138 6.50 5.34 1.16 601.94
139 6.50 5.35 1.15 596.59
140 6.50 5.36 1.14 591.23
141 6.50 5.37 1.13 585.86
142 6.50 5.38 1.12 580.48
143 6.50 5.39 1.11 575.09
144 6.50 5.40 1.10 569.69
145 6.50 5.41 1.09 564.28
146 6.50 5.42 1.08 558.86
147 6.50 5.43 1.07 553.43
148 6.50 5.44 1.06 547.99
149 6.50 5.45 1.05 542.54
150 6.50 5.46 1.04 537.07
151 6.50 5.47 1.03 531.60
152 6.50 5.48 1.02 526.12
153 6.50 5.49 1.01 520.62
154 6.50 5.50 1.00 515.12
155 6.50 5.52 0.99 509.60
156 6.50 5.53 0.98 504.08
157 6.50 5.54 0.97 498.54
158 6.50 5.55 0.96 492.99
159 6.50 5.56 0.94 487.43
160 6.50 5.57 0.93 481.87
161 6.50 5.58 0.92 476.29
162 6.50 5.59 0.91 470.70
163 6.50 5.60 0.90 465.10
164 6.50 5.61 0.89 459.49
165 6.50 5.62 0.88 453.86
166 6.50 5.63 0.87 448.23
167 6.50 5.64 0.86 442.59
168 6.50 5.65 0.85 436.93
169 6.50 5.67 0.84 431.27
170 6.50 5.68 0.83 425.59
171 6.50 5.69 0.82 419.90
172 6.50 5.70 0.80 414.21
173 6.50 5.71 0.79 408.50
174 6.50 5.72 0.78 402.78
175 6.50 5.73 0.77 397.05
176 6.50 5.74 0.76 391.31
177 6.50 5.75 0.75 385.55
178 6.50 5.76 0.74 379.79
179 6.50 5.77 0.73 374.01
180 6.50 5.79 0.72 368.23
181 6.50 5.80 0.71 362.43
182 6.50 5.81 0.69 356.62
183 6.50 5.82 0.68 350.80
184 6.50 5.83 0.67 344.97
185 6.50 5.84 0.66 339.13
186 6.50 5.85 0.65 333.28
187 6.50 5.86 0.64 327.42
188 6.50 5.88 0.63 321.54
189 6.50 5.89 0.62 315.66
190 6.50 5.90 0.61 309.76
191 6.50 5.91 0.59 303.85
192 6.50 5.92 0.58 297.93
193 6.50 5.93 0.57 292.00
194 6.50 5.94 0.56 286.05
195 6.50 5.95 0.55 280.10
196 6.50 5.97 0.54 274.13
197 6.50 5.98 0.53 268.16
198 6.50 5.99 0.51 262.17
199 6.50 6.00 0.50 256.17
200 6.50 6.01 0.49 250.16
201 6.50 6.02 0.48 244.13
202 6.50 6.03 0.47 238.10
203 6.50 6.05 0.46 232.05
204 6.50 6.06 0.44 225.99
205 6.50 6.07 0.43 219.92
206 6.50 6.08 0.42 213.84
207 6.50 6.09 0.41 207.75
208 6.50 6.10 0.40 201.65
209 6.50 6.12 0.39 195.53
210 6.50 6.13 0.37 189.40
211 6.50 6.14 0.36 183.26
212 6.50 6.15 0.35 177.11
213 6.50 6.16 0.34 170.95
214 6.50 6.18 0.33 164.77
215 6.50 6.19 0.32 158.59
216 6.50 6.20 0.30 152.39
217 6.50 6.21 0.29 146.18
218 6.50 6.22 0.28 139.95
219 6.50 6.23 0.27 133.72
220 6.50 6.25 0.26 127.47
221 6.50 6.26 0.24 121.21
222 6.50 6.27 0.23 114.94
223 6.50 6.28 0.22 108.66
224 6.50 6.29 0.21 102.37
225 6.50 6.31 0.20 96.06
226 6.50 6.32 0.18 89.74
227 6.50 6.33 0.17 83.41
228 6.50 6.34 0.16 77.07
229 6.50 6.35 0.15 70.71
230 6.50 6.37 0.14 64.35
231 6.50 6.38 0.12 57.97
232 6.50 6.39 0.11 51.58
233 6.50 6.40 0.10 45.17
234 6.50 6.42 0.09 38.76
235 6.50 6.43 0.07 32.33
236 6.50 6.44 0.06 25.89
237 6.50 6.45 0.05 19.43
238 6.50 6.47 0.04 12.97
239 6.50 6.48 0.02 6.49
240 6.50 6.49 0.01 0.00