Mortgage Loan of $1,250 for 20 Years at 2.45%

What's the payment on a 20 year home loan for $1,250.00 at 2.45% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $6.59
$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 2.45 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 6.59 4.04 2.55 1,245.96
2 6.59 4.05 2.54 1,241.91
3 6.59 4.06 2.54 1,237.85
4 6.59 4.07 2.53 1,233.79
5 6.59 4.07 2.52 1,229.71
6 6.59 4.08 2.51 1,225.63
7 6.59 4.09 2.50 1,221.54
8 6.59 4.10 2.49 1,217.44
9 6.59 4.11 2.49 1,213.33
10 6.59 4.12 2.48 1,209.21
11 6.59 4.12 2.47 1,205.09
12 6.59 4.13 2.46 1,200.96
13 6.59 4.14 2.45 1,196.81
14 6.59 4.15 2.44 1,192.66
15 6.59 4.16 2.44 1,188.51
16 6.59 4.17 2.43 1,184.34
17 6.59 4.18 2.42 1,180.16
18 6.59 4.18 2.41 1,175.98
19 6.59 4.19 2.40 1,171.79
20 6.59 4.20 2.39 1,167.59
21 6.59 4.21 2.38 1,163.38
22 6.59 4.22 2.38 1,159.16
23 6.59 4.23 2.37 1,154.93
24 6.59 4.24 2.36 1,150.70
25 6.59 4.24 2.35 1,146.45
26 6.59 4.25 2.34 1,142.20
27 6.59 4.26 2.33 1,137.94
28 6.59 4.27 2.32 1,133.67
29 6.59 4.28 2.31 1,129.39
30 6.59 4.29 2.31 1,125.10
31 6.59 4.30 2.30 1,120.81
32 6.59 4.31 2.29 1,116.50
33 6.59 4.31 2.28 1,112.19
34 6.59 4.32 2.27 1,107.86
35 6.59 4.33 2.26 1,103.53
36 6.59 4.34 2.25 1,099.19
37 6.59 4.35 2.24 1,094.84
38 6.59 4.36 2.24 1,090.49
39 6.59 4.37 2.23 1,086.12
40 6.59 4.38 2.22 1,081.74
41 6.59 4.38 2.21 1,077.36
42 6.59 4.39 2.20 1,072.96
43 6.59 4.40 2.19 1,068.56
44 6.59 4.41 2.18 1,064.15
45 6.59 4.42 2.17 1,059.73
46 6.59 4.43 2.16 1,055.30
47 6.59 4.44 2.15 1,050.86
48 6.59 4.45 2.15 1,046.41
49 6.59 4.46 2.14 1,041.96
50 6.59 4.47 2.13 1,037.49
51 6.59 4.48 2.12 1,033.01
52 6.59 4.48 2.11 1,028.53
53 6.59 4.49 2.10 1,024.04
54 6.59 4.50 2.09 1,019.53
55 6.59 4.51 2.08 1,015.02
56 6.59 4.52 2.07 1,010.50
57 6.59 4.53 2.06 1,005.97
58 6.59 4.54 2.05 1,001.43
59 6.59 4.55 2.04 996.88
60 6.59 4.56 2.04 992.32
61 6.59 4.57 2.03 987.76
62 6.59 4.58 2.02 983.18
63 6.59 4.59 2.01 978.59
64 6.59 4.60 2.00 974.00
65 6.59 4.60 1.99 969.39
66 6.59 4.61 1.98 964.78
67 6.59 4.62 1.97 960.16
68 6.59 4.63 1.96 955.52
69 6.59 4.64 1.95 950.88
70 6.59 4.65 1.94 946.23
71 6.59 4.66 1.93 941.57
72 6.59 4.67 1.92 936.90
73 6.59 4.68 1.91 932.22
74 6.59 4.69 1.90 927.53
75 6.59 4.70 1.89 922.83
76 6.59 4.71 1.88 918.12
77 6.59 4.72 1.87 913.40
78 6.59 4.73 1.86 908.67
79 6.59 4.74 1.86 903.93
80 6.59 4.75 1.85 899.18
81 6.59 4.76 1.84 894.43
82 6.59 4.77 1.83 889.66
83 6.59 4.78 1.82 884.88
84 6.59 4.79 1.81 880.09
85 6.59 4.80 1.80 875.30
86 6.59 4.81 1.79 870.49
87 6.59 4.82 1.78 865.68
88 6.59 4.83 1.77 860.85
89 6.59 4.84 1.76 856.01
90 6.59 4.85 1.75 851.17
91 6.59 4.86 1.74 846.31
92 6.59 4.87 1.73 841.45
93 6.59 4.88 1.72 836.57
94 6.59 4.89 1.71 831.69
95 6.59 4.90 1.70 826.79
96 6.59 4.91 1.69 821.89
97 6.59 4.92 1.68 816.97
98 6.59 4.93 1.67 812.04
99 6.59 4.94 1.66 807.11
100 6.59 4.95 1.65 802.16
101 6.59 4.96 1.64 797.21
102 6.59 4.97 1.63 792.24
103 6.59 4.98 1.62 787.27
104 6.59 4.99 1.61 782.28
105 6.59 5.00 1.60 777.28
106 6.59 5.01 1.59 772.28
107 6.59 5.02 1.58 767.26
108 6.59 5.03 1.57 762.23
109 6.59 5.04 1.56 757.20
110 6.59 5.05 1.55 752.15
111 6.59 5.06 1.54 747.09
112 6.59 5.07 1.53 742.02
113 6.59 5.08 1.51 736.95
114 6.59 5.09 1.50 731.86
115 6.59 5.10 1.49 726.76
116 6.59 5.11 1.48 721.65
117 6.59 5.12 1.47 716.53
118 6.59 5.13 1.46 711.40
119 6.59 5.14 1.45 706.26
120 6.59 5.15 1.44 701.10
121 6.59 5.16 1.43 695.94
122 6.59 5.17 1.42 690.77
123 6.59 5.18 1.41 685.59
124 6.59 5.19 1.40 680.39
125 6.59 5.20 1.39 675.19
126 6.59 5.21 1.38 669.97
127 6.59 5.23 1.37 664.75
128 6.59 5.24 1.36 659.51
129 6.59 5.25 1.35 654.27
130 6.59 5.26 1.34 649.01
131 6.59 5.27 1.33 643.74
132 6.59 5.28 1.31 638.46
133 6.59 5.29 1.30 633.17
134 6.59 5.30 1.29 627.87
135 6.59 5.31 1.28 622.56
136 6.59 5.32 1.27 617.24
137 6.59 5.33 1.26 611.90
138 6.59 5.34 1.25 606.56
139 6.59 5.35 1.24 601.20
140 6.59 5.37 1.23 595.84
141 6.59 5.38 1.22 590.46
142 6.59 5.39 1.21 585.07
143 6.59 5.40 1.19 579.68
144 6.59 5.41 1.18 574.27
145 6.59 5.42 1.17 568.84
146 6.59 5.43 1.16 563.41
147 6.59 5.44 1.15 557.97
148 6.59 5.45 1.14 552.51
149 6.59 5.47 1.13 547.05
150 6.59 5.48 1.12 541.57
151 6.59 5.49 1.11 536.09
152 6.59 5.50 1.09 530.59
153 6.59 5.51 1.08 525.08
154 6.59 5.52 1.07 519.56
155 6.59 5.53 1.06 514.02
156 6.59 5.54 1.05 508.48
157 6.59 5.56 1.04 502.92
158 6.59 5.57 1.03 497.36
159 6.59 5.58 1.02 491.78
160 6.59 5.59 1.00 486.19
161 6.59 5.60 0.99 480.59
162 6.59 5.61 0.98 474.98
163 6.59 5.62 0.97 469.35
164 6.59 5.64 0.96 463.72
165 6.59 5.65 0.95 458.07
166 6.59 5.66 0.94 452.41
167 6.59 5.67 0.92 446.74
168 6.59 5.68 0.91 441.06
169 6.59 5.69 0.90 435.37
170 6.59 5.70 0.89 429.66
171 6.59 5.72 0.88 423.95
172 6.59 5.73 0.87 418.22
173 6.59 5.74 0.85 412.48
174 6.59 5.75 0.84 406.73
175 6.59 5.76 0.83 400.97
176 6.59 5.77 0.82 395.19
177 6.59 5.79 0.81 389.41
178 6.59 5.80 0.80 383.61
179 6.59 5.81 0.78 377.80
180 6.59 5.82 0.77 371.98
181 6.59 5.83 0.76 366.14
182 6.59 5.85 0.75 360.30
183 6.59 5.86 0.74 354.44
184 6.59 5.87 0.72 348.57
185 6.59 5.88 0.71 342.69
186 6.59 5.89 0.70 336.79
187 6.59 5.91 0.69 330.89
188 6.59 5.92 0.68 324.97
189 6.59 5.93 0.66 319.04
190 6.59 5.94 0.65 313.10
191 6.59 5.95 0.64 307.14
192 6.59 5.97 0.63 301.18
193 6.59 5.98 0.61 295.20
194 6.59 5.99 0.60 289.21
195 6.59 6.00 0.59 283.20
196 6.59 6.02 0.58 277.19
197 6.59 6.03 0.57 271.16
198 6.59 6.04 0.55 265.12
199 6.59 6.05 0.54 259.07
200 6.59 6.06 0.53 253.01
201 6.59 6.08 0.52 246.93
202 6.59 6.09 0.50 240.84
203 6.59 6.10 0.49 234.74
204 6.59 6.11 0.48 228.62
205 6.59 6.13 0.47 222.50
206 6.59 6.14 0.45 216.36
207 6.59 6.15 0.44 210.21
208 6.59 6.16 0.43 204.04
209 6.59 6.18 0.42 197.87
210 6.59 6.19 0.40 191.68
211 6.59 6.20 0.39 185.47
212 6.59 6.21 0.38 179.26
213 6.59 6.23 0.37 173.03
214 6.59 6.24 0.35 166.79
215 6.59 6.25 0.34 160.54
216 6.59 6.27 0.33 154.27
217 6.59 6.28 0.31 147.99
218 6.59 6.29 0.30 141.70
219 6.59 6.30 0.29 135.40
220 6.59 6.32 0.28 129.08
221 6.59 6.33 0.26 122.75
222 6.59 6.34 0.25 116.41
223 6.59 6.36 0.24 110.05
224 6.59 6.37 0.22 103.69
225 6.59 6.38 0.21 97.30
226 6.59 6.39 0.20 90.91
227 6.59 6.41 0.19 84.50
228 6.59 6.42 0.17 78.08
229 6.59 6.43 0.16 71.65
230 6.59 6.45 0.15 65.20
231 6.59 6.46 0.13 58.74
232 6.59 6.47 0.12 52.27
233 6.59 6.49 0.11 45.78
234 6.59 6.50 0.09 39.28
235 6.59 6.51 0.08 32.77
236 6.59 6.53 0.07 26.24
237 6.59 6.54 0.05 19.70
238 6.59 6.55 0.04 13.15
239 6.59 6.57 0.03 6.58
240 6.59 6.58 0.01 0.00