Mortgage Loan of $1,250 for 20 Years at 6.85%

What's the payment on a 20 year home loan for $1,250.00 at 6.85% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $9.58
$115 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 6.85 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 9.58 2.44 7.14 1,247.56
2 9.58 2.46 7.12 1,245.10
3 9.58 2.47 7.11 1,242.63
4 9.58 2.49 7.09 1,240.14
5 9.58 2.50 7.08 1,237.64
6 9.58 2.51 7.06 1,235.13
7 9.58 2.53 7.05 1,232.60
8 9.58 2.54 7.04 1,230.06
9 9.58 2.56 7.02 1,227.50
10 9.58 2.57 7.01 1,224.93
11 9.58 2.59 6.99 1,222.34
12 9.58 2.60 6.98 1,219.74
13 9.58 2.62 6.96 1,217.12
14 9.58 2.63 6.95 1,214.49
15 9.58 2.65 6.93 1,211.84
16 9.58 2.66 6.92 1,209.18
17 9.58 2.68 6.90 1,206.51
18 9.58 2.69 6.89 1,203.81
19 9.58 2.71 6.87 1,201.11
20 9.58 2.72 6.86 1,198.38
21 9.58 2.74 6.84 1,195.65
22 9.58 2.75 6.83 1,192.89
23 9.58 2.77 6.81 1,190.12
24 9.58 2.79 6.79 1,187.34
25 9.58 2.80 6.78 1,184.54
26 9.58 2.82 6.76 1,181.72
27 9.58 2.83 6.75 1,178.89
28 9.58 2.85 6.73 1,176.04
29 9.58 2.87 6.71 1,173.17
30 9.58 2.88 6.70 1,170.29
31 9.58 2.90 6.68 1,167.39
32 9.58 2.92 6.66 1,164.47
33 9.58 2.93 6.65 1,161.54
34 9.58 2.95 6.63 1,158.59
35 9.58 2.97 6.61 1,155.63
36 9.58 2.98 6.60 1,152.65
37 9.58 3.00 6.58 1,149.65
38 9.58 3.02 6.56 1,146.63
39 9.58 3.03 6.55 1,143.60
40 9.58 3.05 6.53 1,140.55
41 9.58 3.07 6.51 1,137.48
42 9.58 3.09 6.49 1,134.39
43 9.58 3.10 6.48 1,131.29
44 9.58 3.12 6.46 1,128.17
45 9.58 3.14 6.44 1,125.03
46 9.58 3.16 6.42 1,121.87
47 9.58 3.17 6.40 1,118.70
48 9.58 3.19 6.39 1,115.50
49 9.58 3.21 6.37 1,112.29
50 9.58 3.23 6.35 1,109.06
51 9.58 3.25 6.33 1,105.81
52 9.58 3.27 6.31 1,102.55
53 9.58 3.29 6.29 1,099.26
54 9.58 3.30 6.27 1,095.96
55 9.58 3.32 6.26 1,092.63
56 9.58 3.34 6.24 1,089.29
57 9.58 3.36 6.22 1,085.93
58 9.58 3.38 6.20 1,082.55
59 9.58 3.40 6.18 1,079.15
60 9.58 3.42 6.16 1,075.73
61 9.58 3.44 6.14 1,072.30
62 9.58 3.46 6.12 1,068.84
63 9.58 3.48 6.10 1,065.36
64 9.58 3.50 6.08 1,061.86
65 9.58 3.52 6.06 1,058.34
66 9.58 3.54 6.04 1,054.81
67 9.58 3.56 6.02 1,051.25
68 9.58 3.58 6.00 1,047.67
69 9.58 3.60 5.98 1,044.07
70 9.58 3.62 5.96 1,040.45
71 9.58 3.64 5.94 1,036.81
72 9.58 3.66 5.92 1,033.15
73 9.58 3.68 5.90 1,029.47
74 9.58 3.70 5.88 1,025.77
75 9.58 3.72 5.86 1,022.05
76 9.58 3.74 5.83 1,018.30
77 9.58 3.77 5.81 1,014.53
78 9.58 3.79 5.79 1,010.75
79 9.58 3.81 5.77 1,006.94
80 9.58 3.83 5.75 1,003.11
81 9.58 3.85 5.73 999.25
82 9.58 3.87 5.70 995.38
83 9.58 3.90 5.68 991.48
84 9.58 3.92 5.66 987.56
85 9.58 3.94 5.64 983.62
86 9.58 3.96 5.61 979.66
87 9.58 3.99 5.59 975.67
88 9.58 4.01 5.57 971.66
89 9.58 4.03 5.55 967.63
90 9.58 4.06 5.52 963.57
91 9.58 4.08 5.50 959.49
92 9.58 4.10 5.48 955.39
93 9.58 4.13 5.45 951.27
94 9.58 4.15 5.43 947.12
95 9.58 4.17 5.41 942.94
96 9.58 4.20 5.38 938.75
97 9.58 4.22 5.36 934.53
98 9.58 4.24 5.33 930.28
99 9.58 4.27 5.31 926.01
100 9.58 4.29 5.29 921.72
101 9.58 4.32 5.26 917.40
102 9.58 4.34 5.24 913.06
103 9.58 4.37 5.21 908.70
104 9.58 4.39 5.19 904.30
105 9.58 4.42 5.16 899.89
106 9.58 4.44 5.14 895.44
107 9.58 4.47 5.11 890.98
108 9.58 4.49 5.09 886.48
109 9.58 4.52 5.06 881.97
110 9.58 4.54 5.03 877.42
111 9.58 4.57 5.01 872.85
112 9.58 4.60 4.98 868.25
113 9.58 4.62 4.96 863.63
114 9.58 4.65 4.93 858.98
115 9.58 4.68 4.90 854.31
116 9.58 4.70 4.88 849.60
117 9.58 4.73 4.85 844.87
118 9.58 4.76 4.82 840.12
119 9.58 4.78 4.80 835.34
120 9.58 4.81 4.77 830.52
121 9.58 4.84 4.74 825.69
122 9.58 4.87 4.71 820.82
123 9.58 4.89 4.69 815.93
124 9.58 4.92 4.66 811.01
125 9.58 4.95 4.63 806.06
126 9.58 4.98 4.60 801.08
127 9.58 5.01 4.57 796.07
128 9.58 5.03 4.54 791.04
129 9.58 5.06 4.52 785.97
130 9.58 5.09 4.49 780.88
131 9.58 5.12 4.46 775.76
132 9.58 5.15 4.43 770.61
133 9.58 5.18 4.40 765.43
134 9.58 5.21 4.37 760.22
135 9.58 5.24 4.34 754.98
136 9.58 5.27 4.31 749.71
137 9.58 5.30 4.28 744.41
138 9.58 5.33 4.25 739.08
139 9.58 5.36 4.22 733.72
140 9.58 5.39 4.19 728.33
141 9.58 5.42 4.16 722.91
142 9.58 5.45 4.13 717.46
143 9.58 5.48 4.10 711.97
144 9.58 5.51 4.06 706.46
145 9.58 5.55 4.03 700.91
146 9.58 5.58 4.00 695.33
147 9.58 5.61 3.97 689.72
148 9.58 5.64 3.94 684.08
149 9.58 5.67 3.90 678.41
150 9.58 5.71 3.87 672.70
151 9.58 5.74 3.84 666.96
152 9.58 5.77 3.81 661.19
153 9.58 5.80 3.77 655.39
154 9.58 5.84 3.74 649.55
155 9.58 5.87 3.71 643.68
156 9.58 5.90 3.67 637.77
157 9.58 5.94 3.64 631.83
158 9.58 5.97 3.61 625.86
159 9.58 6.01 3.57 619.86
160 9.58 6.04 3.54 613.82
161 9.58 6.08 3.50 607.74
162 9.58 6.11 3.47 601.63
163 9.58 6.14 3.43 595.49
164 9.58 6.18 3.40 589.31
165 9.58 6.22 3.36 583.09
166 9.58 6.25 3.33 576.84
167 9.58 6.29 3.29 570.55
168 9.58 6.32 3.26 564.23
169 9.58 6.36 3.22 557.87
170 9.58 6.39 3.18 551.48
171 9.58 6.43 3.15 545.05
172 9.58 6.47 3.11 538.58
173 9.58 6.50 3.07 532.08
174 9.58 6.54 3.04 525.53
175 9.58 6.58 3.00 518.96
176 9.58 6.62 2.96 512.34
177 9.58 6.65 2.92 505.68
178 9.58 6.69 2.89 498.99
179 9.58 6.73 2.85 492.26
180 9.58 6.77 2.81 485.49
181 9.58 6.81 2.77 478.68
182 9.58 6.85 2.73 471.84
183 9.58 6.89 2.69 464.95
184 9.58 6.92 2.65 458.03
185 9.58 6.96 2.61 451.06
186 9.58 7.00 2.57 444.06
187 9.58 7.04 2.53 437.01
188 9.58 7.08 2.49 429.93
189 9.58 7.12 2.45 422.81
190 9.58 7.17 2.41 415.64
191 9.58 7.21 2.37 408.43
192 9.58 7.25 2.33 401.19
193 9.58 7.29 2.29 393.90
194 9.58 7.33 2.25 386.57
195 9.58 7.37 2.21 379.19
196 9.58 7.41 2.16 371.78
197 9.58 7.46 2.12 364.32
198 9.58 7.50 2.08 356.82
199 9.58 7.54 2.04 349.28
200 9.58 7.59 1.99 341.70
201 9.58 7.63 1.95 334.07
202 9.58 7.67 1.91 326.40
203 9.58 7.72 1.86 318.68
204 9.58 7.76 1.82 310.92
205 9.58 7.80 1.77 303.12
206 9.58 7.85 1.73 295.27
207 9.58 7.89 1.69 287.37
208 9.58 7.94 1.64 279.44
209 9.58 7.98 1.60 271.45
210 9.58 8.03 1.55 263.42
211 9.58 8.08 1.50 255.35
212 9.58 8.12 1.46 247.23
213 9.58 8.17 1.41 239.06
214 9.58 8.21 1.36 230.84
215 9.58 8.26 1.32 222.58
216 9.58 8.31 1.27 214.27
217 9.58 8.36 1.22 205.92
218 9.58 8.40 1.18 197.51
219 9.58 8.45 1.13 189.06
220 9.58 8.50 1.08 180.56
221 9.58 8.55 1.03 172.01
222 9.58 8.60 0.98 163.42
223 9.58 8.65 0.93 154.77
224 9.58 8.70 0.88 146.08
225 9.58 8.75 0.83 137.33
226 9.58 8.80 0.78 128.54
227 9.58 8.85 0.73 119.69
228 9.58 8.90 0.68 110.79
229 9.58 8.95 0.63 101.85
230 9.58 9.00 0.58 92.85
231 9.58 9.05 0.53 83.80
232 9.58 9.10 0.48 74.70
233 9.58 9.15 0.43 65.55
234 9.58 9.20 0.37 56.34
235 9.58 9.26 0.32 47.09
236 9.58 9.31 0.27 37.78
237 9.58 9.36 0.22 28.41
238 9.58 9.42 0.16 19.00
239 9.58 9.47 0.11 9.52
240 9.58 9.52 0.05 0.00