Mortgage Loan of $1,250 for 20 Years at 7.00%

What's the payment on a 20 year home loan for $1,250.00 at 7.00% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $9.69
$116 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 7.00 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 9.69 2.40 7.29 1,247.60
2 9.69 2.41 7.28 1,245.19
3 9.69 2.43 7.26 1,242.76
4 9.69 2.44 7.25 1,240.32
5 9.69 2.46 7.24 1,237.86
6 9.69 2.47 7.22 1,235.39
7 9.69 2.48 7.21 1,232.91
8 9.69 2.50 7.19 1,230.41
9 9.69 2.51 7.18 1,227.89
10 9.69 2.53 7.16 1,225.36
11 9.69 2.54 7.15 1,222.82
12 9.69 2.56 7.13 1,220.26
13 9.69 2.57 7.12 1,217.69
14 9.69 2.59 7.10 1,215.10
15 9.69 2.60 7.09 1,212.50
16 9.69 2.62 7.07 1,209.88
17 9.69 2.63 7.06 1,207.25
18 9.69 2.65 7.04 1,204.60
19 9.69 2.66 7.03 1,201.93
20 9.69 2.68 7.01 1,199.25
21 9.69 2.70 7.00 1,196.56
22 9.69 2.71 6.98 1,193.85
23 9.69 2.73 6.96 1,191.12
24 9.69 2.74 6.95 1,188.38
25 9.69 2.76 6.93 1,185.62
26 9.69 2.78 6.92 1,182.84
27 9.69 2.79 6.90 1,180.05
28 9.69 2.81 6.88 1,177.24
29 9.69 2.82 6.87 1,174.42
30 9.69 2.84 6.85 1,171.58
31 9.69 2.86 6.83 1,168.72
32 9.69 2.87 6.82 1,165.85
33 9.69 2.89 6.80 1,162.96
34 9.69 2.91 6.78 1,160.05
35 9.69 2.92 6.77 1,157.13
36 9.69 2.94 6.75 1,154.18
37 9.69 2.96 6.73 1,151.23
38 9.69 2.98 6.72 1,148.25
39 9.69 2.99 6.70 1,145.26
40 9.69 3.01 6.68 1,142.25
41 9.69 3.03 6.66 1,139.22
42 9.69 3.05 6.65 1,136.17
43 9.69 3.06 6.63 1,133.11
44 9.69 3.08 6.61 1,130.03
45 9.69 3.10 6.59 1,126.93
46 9.69 3.12 6.57 1,123.81
47 9.69 3.14 6.56 1,120.68
48 9.69 3.15 6.54 1,117.52
49 9.69 3.17 6.52 1,114.35
50 9.69 3.19 6.50 1,111.16
51 9.69 3.21 6.48 1,107.95
52 9.69 3.23 6.46 1,104.72
53 9.69 3.25 6.44 1,101.47
54 9.69 3.27 6.43 1,098.21
55 9.69 3.29 6.41 1,094.92
56 9.69 3.30 6.39 1,091.62
57 9.69 3.32 6.37 1,088.29
58 9.69 3.34 6.35 1,084.95
59 9.69 3.36 6.33 1,081.59
60 9.69 3.38 6.31 1,078.21
61 9.69 3.40 6.29 1,074.81
62 9.69 3.42 6.27 1,071.38
63 9.69 3.44 6.25 1,067.94
64 9.69 3.46 6.23 1,064.48
65 9.69 3.48 6.21 1,061.00
66 9.69 3.50 6.19 1,057.50
67 9.69 3.52 6.17 1,053.98
68 9.69 3.54 6.15 1,050.43
69 9.69 3.56 6.13 1,046.87
70 9.69 3.58 6.11 1,043.28
71 9.69 3.61 6.09 1,039.68
72 9.69 3.63 6.06 1,036.05
73 9.69 3.65 6.04 1,032.40
74 9.69 3.67 6.02 1,028.74
75 9.69 3.69 6.00 1,025.05
76 9.69 3.71 5.98 1,021.33
77 9.69 3.73 5.96 1,017.60
78 9.69 3.76 5.94 1,013.84
79 9.69 3.78 5.91 1,010.07
80 9.69 3.80 5.89 1,006.27
81 9.69 3.82 5.87 1,002.45
82 9.69 3.84 5.85 998.60
83 9.69 3.87 5.83 994.74
84 9.69 3.89 5.80 990.85
85 9.69 3.91 5.78 986.94
86 9.69 3.93 5.76 983.00
87 9.69 3.96 5.73 979.05
88 9.69 3.98 5.71 975.07
89 9.69 4.00 5.69 971.06
90 9.69 4.03 5.66 967.04
91 9.69 4.05 5.64 962.99
92 9.69 4.07 5.62 958.91
93 9.69 4.10 5.59 954.81
94 9.69 4.12 5.57 950.69
95 9.69 4.15 5.55 946.55
96 9.69 4.17 5.52 942.38
97 9.69 4.19 5.50 938.18
98 9.69 4.22 5.47 933.97
99 9.69 4.24 5.45 929.72
100 9.69 4.27 5.42 925.45
101 9.69 4.29 5.40 921.16
102 9.69 4.32 5.37 916.84
103 9.69 4.34 5.35 912.50
104 9.69 4.37 5.32 908.13
105 9.69 4.39 5.30 903.74
106 9.69 4.42 5.27 899.32
107 9.69 4.45 5.25 894.87
108 9.69 4.47 5.22 890.40
109 9.69 4.50 5.19 885.91
110 9.69 4.52 5.17 881.38
111 9.69 4.55 5.14 876.83
112 9.69 4.58 5.11 872.26
113 9.69 4.60 5.09 867.65
114 9.69 4.63 5.06 863.02
115 9.69 4.66 5.03 858.37
116 9.69 4.68 5.01 853.68
117 9.69 4.71 4.98 848.97
118 9.69 4.74 4.95 844.23
119 9.69 4.77 4.92 839.47
120 9.69 4.79 4.90 834.67
121 9.69 4.82 4.87 829.85
122 9.69 4.85 4.84 825.00
123 9.69 4.88 4.81 820.12
124 9.69 4.91 4.78 815.21
125 9.69 4.94 4.76 810.28
126 9.69 4.96 4.73 805.31
127 9.69 4.99 4.70 800.32
128 9.69 5.02 4.67 795.30
129 9.69 5.05 4.64 790.24
130 9.69 5.08 4.61 785.16
131 9.69 5.11 4.58 780.05
132 9.69 5.14 4.55 774.91
133 9.69 5.17 4.52 769.74
134 9.69 5.20 4.49 764.54
135 9.69 5.23 4.46 759.31
136 9.69 5.26 4.43 754.04
137 9.69 5.29 4.40 748.75
138 9.69 5.32 4.37 743.43
139 9.69 5.35 4.34 738.07
140 9.69 5.39 4.31 732.69
141 9.69 5.42 4.27 727.27
142 9.69 5.45 4.24 721.82
143 9.69 5.48 4.21 716.34
144 9.69 5.51 4.18 710.83
145 9.69 5.54 4.15 705.28
146 9.69 5.58 4.11 699.71
147 9.69 5.61 4.08 694.10
148 9.69 5.64 4.05 688.45
149 9.69 5.68 4.02 682.78
150 9.69 5.71 3.98 677.07
151 9.69 5.74 3.95 671.33
152 9.69 5.78 3.92 665.55
153 9.69 5.81 3.88 659.75
154 9.69 5.84 3.85 653.90
155 9.69 5.88 3.81 648.03
156 9.69 5.91 3.78 642.12
157 9.69 5.95 3.75 636.17
158 9.69 5.98 3.71 630.19
159 9.69 6.02 3.68 624.17
160 9.69 6.05 3.64 618.12
161 9.69 6.09 3.61 612.04
162 9.69 6.12 3.57 605.92
163 9.69 6.16 3.53 599.76
164 9.69 6.19 3.50 593.57
165 9.69 6.23 3.46 587.34
166 9.69 6.27 3.43 581.07
167 9.69 6.30 3.39 574.77
168 9.69 6.34 3.35 568.43
169 9.69 6.38 3.32 562.06
170 9.69 6.41 3.28 555.65
171 9.69 6.45 3.24 549.20
172 9.69 6.49 3.20 542.71
173 9.69 6.53 3.17 536.18
174 9.69 6.56 3.13 529.62
175 9.69 6.60 3.09 523.02
176 9.69 6.64 3.05 516.38
177 9.69 6.68 3.01 509.70
178 9.69 6.72 2.97 502.98
179 9.69 6.76 2.93 496.22
180 9.69 6.80 2.89 489.43
181 9.69 6.84 2.85 482.59
182 9.69 6.88 2.82 475.71
183 9.69 6.92 2.78 468.80
184 9.69 6.96 2.73 461.84
185 9.69 7.00 2.69 454.84
186 9.69 7.04 2.65 447.81
187 9.69 7.08 2.61 440.73
188 9.69 7.12 2.57 433.61
189 9.69 7.16 2.53 426.45
190 9.69 7.20 2.49 419.24
191 9.69 7.25 2.45 412.00
192 9.69 7.29 2.40 404.71
193 9.69 7.33 2.36 397.38
194 9.69 7.37 2.32 390.00
195 9.69 7.42 2.28 382.59
196 9.69 7.46 2.23 375.13
197 9.69 7.50 2.19 367.63
198 9.69 7.55 2.14 360.08
199 9.69 7.59 2.10 352.49
200 9.69 7.64 2.06 344.85
201 9.69 7.68 2.01 337.17
202 9.69 7.72 1.97 329.45
203 9.69 7.77 1.92 321.68
204 9.69 7.81 1.88 313.86
205 9.69 7.86 1.83 306.00
206 9.69 7.91 1.79 298.10
207 9.69 7.95 1.74 290.15
208 9.69 8.00 1.69 282.15
209 9.69 8.05 1.65 274.10
210 9.69 8.09 1.60 266.01
211 9.69 8.14 1.55 257.87
212 9.69 8.19 1.50 249.68
213 9.69 8.23 1.46 241.45
214 9.69 8.28 1.41 233.17
215 9.69 8.33 1.36 224.83
216 9.69 8.38 1.31 216.45
217 9.69 8.43 1.26 208.03
218 9.69 8.48 1.21 199.55
219 9.69 8.53 1.16 191.02
220 9.69 8.58 1.11 182.44
221 9.69 8.63 1.06 173.82
222 9.69 8.68 1.01 165.14
223 9.69 8.73 0.96 156.41
224 9.69 8.78 0.91 147.63
225 9.69 8.83 0.86 138.80
226 9.69 8.88 0.81 129.92
227 9.69 8.93 0.76 120.99
228 9.69 8.99 0.71 112.00
229 9.69 9.04 0.65 102.96
230 9.69 9.09 0.60 93.87
231 9.69 9.14 0.55 84.73
232 9.69 9.20 0.49 75.53
233 9.69 9.25 0.44 66.28
234 9.69 9.30 0.39 56.98
235 9.69 9.36 0.33 47.62
236 9.69 9.41 0.28 38.21
237 9.69 9.47 0.22 28.74
238 9.69 9.52 0.17 19.21
239 9.69 9.58 0.11 9.64
240 9.69 9.64 0.06 0.00