Mortgage Loan of $1,250 for 20 Years at 2.40%

What's the payment on a 20 year home loan for $1,250.00 at 2.40% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $6.56

$79 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 2.40 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	6.56	4.06	2.50	1,245.94
2	6.56	4.07	2.49	1,241.87
3	6.56	4.08	2.48	1,237.79
4	6.56	4.09	2.48	1,233.70
5	6.56	4.10	2.47	1,229.60
6	6.56	4.10	2.46	1,225.50
7	6.56	4.11	2.45	1,221.39
8	6.56	4.12	2.44	1,217.27
9	6.56	4.13	2.43	1,213.14
10	6.56	4.14	2.43	1,209.00
11	6.56	4.15	2.42	1,204.86
12	6.56	4.15	2.41	1,200.70
13	6.56	4.16	2.40	1,196.54
14	6.56	4.17	2.39	1,192.37
15	6.56	4.18	2.38	1,188.19
16	6.56	4.19	2.38	1,184.01
17	6.56	4.20	2.37	1,179.81
18	6.56	4.20	2.36	1,175.61
19	6.56	4.21	2.35	1,171.40
20	6.56	4.22	2.34	1,167.18
21	6.56	4.23	2.33	1,162.95
22	6.56	4.24	2.33	1,158.71
23	6.56	4.25	2.32	1,154.46
24	6.56	4.25	2.31	1,150.21
25	6.56	4.26	2.30	1,145.95
26	6.56	4.27	2.29	1,141.68
27	6.56	4.28	2.28	1,137.40
28	6.56	4.29	2.27	1,133.11
29	6.56	4.30	2.27	1,128.81
30	6.56	4.31	2.26	1,124.51
31	6.56	4.31	2.25	1,120.19
32	6.56	4.32	2.24	1,115.87
33	6.56	4.33	2.23	1,111.54
34	6.56	4.34	2.22	1,107.20
35	6.56	4.35	2.21	1,102.85
36	6.56	4.36	2.21	1,098.49
37	6.56	4.37	2.20	1,094.13
38	6.56	4.37	2.19	1,089.75
39	6.56	4.38	2.18	1,085.37
40	6.56	4.39	2.17	1,080.98
41	6.56	4.40	2.16	1,076.57
42	6.56	4.41	2.15	1,072.16
43	6.56	4.42	2.14	1,067.75
44	6.56	4.43	2.14	1,063.32
45	6.56	4.44	2.13	1,058.88
46	6.56	4.45	2.12	1,054.44
47	6.56	4.45	2.11	1,049.98
48	6.56	4.46	2.10	1,045.52
49	6.56	4.47	2.09	1,041.05
50	6.56	4.48	2.08	1,036.57
51	6.56	4.49	2.07	1,032.08
52	6.56	4.50	2.06	1,027.58
53	6.56	4.51	2.06	1,023.07
54	6.56	4.52	2.05	1,018.55
55	6.56	4.53	2.04	1,014.03
56	6.56	4.54	2.03	1,009.49
57	6.56	4.54	2.02	1,004.95
58	6.56	4.55	2.01	1,000.39
59	6.56	4.56	2.00	995.83
60	6.56	4.57	1.99	991.26
61	6.56	4.58	1.98	986.68
62	6.56	4.59	1.97	982.09
63	6.56	4.60	1.96	977.49
64	6.56	4.61	1.95	972.88
65	6.56	4.62	1.95	968.27
66	6.56	4.63	1.94	963.64
67	6.56	4.64	1.93	959.00
68	6.56	4.65	1.92	954.36
69	6.56	4.65	1.91	949.70
70	6.56	4.66	1.90	945.04
71	6.56	4.67	1.89	940.37
72	6.56	4.68	1.88	935.69
73	6.56	4.69	1.87	930.99
74	6.56	4.70	1.86	926.29
75	6.56	4.71	1.85	921.58
76	6.56	4.72	1.84	916.86
77	6.56	4.73	1.83	912.13
78	6.56	4.74	1.82	907.39
79	6.56	4.75	1.81	902.65
80	6.56	4.76	1.81	897.89
81	6.56	4.77	1.80	893.12
82	6.56	4.78	1.79	888.34
83	6.56	4.79	1.78	883.56
84	6.56	4.80	1.77	878.76
85	6.56	4.81	1.76	873.96
86	6.56	4.82	1.75	869.14
87	6.56	4.82	1.74	864.32
88	6.56	4.83	1.73	859.48
89	6.56	4.84	1.72	854.64
90	6.56	4.85	1.71	849.78
91	6.56	4.86	1.70	844.92
92	6.56	4.87	1.69	840.05
93	6.56	4.88	1.68	835.16
94	6.56	4.89	1.67	830.27
95	6.56	4.90	1.66	825.37
96	6.56	4.91	1.65	820.46
97	6.56	4.92	1.64	815.53
98	6.56	4.93	1.63	810.60
99	6.56	4.94	1.62	805.66
100	6.56	4.95	1.61	800.71
101	6.56	4.96	1.60	795.75
102	6.56	4.97	1.59	790.78
103	6.56	4.98	1.58	785.79
104	6.56	4.99	1.57	780.80
105	6.56	5.00	1.56	775.80
106	6.56	5.01	1.55	770.79
107	6.56	5.02	1.54	765.77
108	6.56	5.03	1.53	760.74
109	6.56	5.04	1.52	755.70
110	6.56	5.05	1.51	750.64
111	6.56	5.06	1.50	745.58
112	6.56	5.07	1.49	740.51
113	6.56	5.08	1.48	735.43
114	6.56	5.09	1.47	730.34
115	6.56	5.10	1.46	725.23
116	6.56	5.11	1.45	720.12
117	6.56	5.12	1.44	715.00
118	6.56	5.13	1.43	709.87
119	6.56	5.14	1.42	704.72
120	6.56	5.15	1.41	699.57
121	6.56	5.16	1.40	694.40
122	6.56	5.17	1.39	689.23
123	6.56	5.18	1.38	684.05
124	6.56	5.19	1.37	678.85
125	6.56	5.21	1.36	673.65
126	6.56	5.22	1.35	668.43
127	6.56	5.23	1.34	663.20
128	6.56	5.24	1.33	657.97
129	6.56	5.25	1.32	652.72
130	6.56	5.26	1.31	647.46
131	6.56	5.27	1.29	642.19
132	6.56	5.28	1.28	636.91
133	6.56	5.29	1.27	631.63
134	6.56	5.30	1.26	626.33
135	6.56	5.31	1.25	621.02
136	6.56	5.32	1.24	615.69
137	6.56	5.33	1.23	610.36
138	6.56	5.34	1.22	605.02
139	6.56	5.35	1.21	599.67
140	6.56	5.36	1.20	594.30
141	6.56	5.37	1.19	588.93
142	6.56	5.39	1.18	583.54
143	6.56	5.40	1.17	578.15
144	6.56	5.41	1.16	572.74
145	6.56	5.42	1.15	567.32
146	6.56	5.43	1.13	561.90
147	6.56	5.44	1.12	556.46
148	6.56	5.45	1.11	551.01
149	6.56	5.46	1.10	545.54
150	6.56	5.47	1.09	540.07
151	6.56	5.48	1.08	534.59
152	6.56	5.49	1.07	529.10
153	6.56	5.50	1.06	523.59
154	6.56	5.52	1.05	518.08
155	6.56	5.53	1.04	512.55
156	6.56	5.54	1.03	507.01
157	6.56	5.55	1.01	501.46
158	6.56	5.56	1.00	495.90
159	6.56	5.57	0.99	490.33
160	6.56	5.58	0.98	484.75
161	6.56	5.59	0.97	479.15
162	6.56	5.60	0.96	473.55
163	6.56	5.62	0.95	467.93
164	6.56	5.63	0.94	462.31
165	6.56	5.64	0.92	456.67
166	6.56	5.65	0.91	451.02
167	6.56	5.66	0.90	445.36
168	6.56	5.67	0.89	439.68
169	6.56	5.68	0.88	434.00
170	6.56	5.70	0.87	428.31
171	6.56	5.71	0.86	422.60
172	6.56	5.72	0.85	416.88
173	6.56	5.73	0.83	411.15
174	6.56	5.74	0.82	405.41
175	6.56	5.75	0.81	399.66
176	6.56	5.76	0.80	393.90
177	6.56	5.78	0.79	388.12
178	6.56	5.79	0.78	382.33
179	6.56	5.80	0.76	376.54
180	6.56	5.81	0.75	370.73
181	6.56	5.82	0.74	364.90
182	6.56	5.83	0.73	359.07
183	6.56	5.84	0.72	353.23
184	6.56	5.86	0.71	347.37
185	6.56	5.87	0.69	341.50
186	6.56	5.88	0.68	335.62
187	6.56	5.89	0.67	329.73
188	6.56	5.90	0.66	323.82
189	6.56	5.92	0.65	317.91
190	6.56	5.93	0.64	311.98
191	6.56	5.94	0.62	306.04
192	6.56	5.95	0.61	300.09
193	6.56	5.96	0.60	294.13
194	6.56	5.97	0.59	288.15
195	6.56	5.99	0.58	282.17
196	6.56	6.00	0.56	276.17
197	6.56	6.01	0.55	270.16
198	6.56	6.02	0.54	264.14
199	6.56	6.03	0.53	258.10
200	6.56	6.05	0.52	252.05
201	6.56	6.06	0.50	246.00
202	6.56	6.07	0.49	239.92
203	6.56	6.08	0.48	233.84
204	6.56	6.10	0.47	227.75
205	6.56	6.11	0.46	221.64
206	6.56	6.12	0.44	215.52
207	6.56	6.13	0.43	209.39
208	6.56	6.14	0.42	203.24
209	6.56	6.16	0.41	197.09
210	6.56	6.17	0.39	190.92
211	6.56	6.18	0.38	184.73
212	6.56	6.19	0.37	178.54
213	6.56	6.21	0.36	172.34
214	6.56	6.22	0.34	166.12
215	6.56	6.23	0.33	159.89
216	6.56	6.24	0.32	153.64
217	6.56	6.26	0.31	147.39
218	6.56	6.27	0.29	141.12
219	6.56	6.28	0.28	134.84
220	6.56	6.29	0.27	128.54
221	6.56	6.31	0.26	122.24
222	6.56	6.32	0.24	115.92
223	6.56	6.33	0.23	109.59
224	6.56	6.34	0.22	103.25
225	6.56	6.36	0.21	96.89
226	6.56	6.37	0.19	90.52
227	6.56	6.38	0.18	84.14
228	6.56	6.39	0.17	77.74
229	6.56	6.41	0.16	71.33
230	6.56	6.42	0.14	64.91
231	6.56	6.43	0.13	58.48
232	6.56	6.45	0.12	52.04
233	6.56	6.46	0.10	45.58
234	6.56	6.47	0.09	39.10
235	6.56	6.48	0.08	32.62
236	6.56	6.50	0.07	26.12
237	6.56	6.51	0.05	19.61
238	6.56	6.52	0.04	13.09
239	6.56	6.54	0.03	6.55
240	6.56	6.55	0.01	0.00