Mortgage Loan of $1,250 for 20 Years at 7.20%

What's the payment on a 20 year home loan for $1,250.00 at 7.20% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $9.84
$118 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 7.20 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 9.84 2.34 7.50 1,247.66
2 9.84 2.36 7.49 1,245.30
3 9.84 2.37 7.47 1,242.93
4 9.84 2.38 7.46 1,240.55
5 9.84 2.40 7.44 1,238.15
6 9.84 2.41 7.43 1,235.74
7 9.84 2.43 7.41 1,233.31
8 9.84 2.44 7.40 1,230.87
9 9.84 2.46 7.39 1,228.41
10 9.84 2.47 7.37 1,225.94
11 9.84 2.49 7.36 1,223.45
12 9.84 2.50 7.34 1,220.95
13 9.84 2.52 7.33 1,218.44
14 9.84 2.53 7.31 1,215.90
15 9.84 2.55 7.30 1,213.36
16 9.84 2.56 7.28 1,210.80
17 9.84 2.58 7.26 1,208.22
18 9.84 2.59 7.25 1,205.63
19 9.84 2.61 7.23 1,203.02
20 9.84 2.62 7.22 1,200.39
21 9.84 2.64 7.20 1,197.75
22 9.84 2.66 7.19 1,195.10
23 9.84 2.67 7.17 1,192.43
24 9.84 2.69 7.15 1,189.74
25 9.84 2.70 7.14 1,187.04
26 9.84 2.72 7.12 1,184.32
27 9.84 2.74 7.11 1,181.58
28 9.84 2.75 7.09 1,178.83
29 9.84 2.77 7.07 1,176.06
30 9.84 2.79 7.06 1,173.28
31 9.84 2.80 7.04 1,170.47
32 9.84 2.82 7.02 1,167.65
33 9.84 2.84 7.01 1,164.82
34 9.84 2.85 6.99 1,161.97
35 9.84 2.87 6.97 1,159.09
36 9.84 2.89 6.95 1,156.21
37 9.84 2.90 6.94 1,153.30
38 9.84 2.92 6.92 1,150.38
39 9.84 2.94 6.90 1,147.44
40 9.84 2.96 6.88 1,144.48
41 9.84 2.97 6.87 1,141.51
42 9.84 2.99 6.85 1,138.52
43 9.84 3.01 6.83 1,135.51
44 9.84 3.03 6.81 1,132.48
45 9.84 3.05 6.79 1,129.43
46 9.84 3.07 6.78 1,126.36
47 9.84 3.08 6.76 1,123.28
48 9.84 3.10 6.74 1,120.18
49 9.84 3.12 6.72 1,117.06
50 9.84 3.14 6.70 1,113.92
51 9.84 3.16 6.68 1,110.76
52 9.84 3.18 6.66 1,107.58
53 9.84 3.20 6.65 1,104.39
54 9.84 3.22 6.63 1,101.17
55 9.84 3.23 6.61 1,097.94
56 9.84 3.25 6.59 1,094.68
57 9.84 3.27 6.57 1,091.41
58 9.84 3.29 6.55 1,088.11
59 9.84 3.31 6.53 1,084.80
60 9.84 3.33 6.51 1,081.47
61 9.84 3.35 6.49 1,078.12
62 9.84 3.37 6.47 1,074.74
63 9.84 3.39 6.45 1,071.35
64 9.84 3.41 6.43 1,067.93
65 9.84 3.43 6.41 1,064.50
66 9.84 3.45 6.39 1,061.05
67 9.84 3.48 6.37 1,057.57
68 9.84 3.50 6.35 1,054.07
69 9.84 3.52 6.32 1,050.56
70 9.84 3.54 6.30 1,047.02
71 9.84 3.56 6.28 1,043.46
72 9.84 3.58 6.26 1,039.88
73 9.84 3.60 6.24 1,036.27
74 9.84 3.62 6.22 1,032.65
75 9.84 3.65 6.20 1,029.00
76 9.84 3.67 6.17 1,025.34
77 9.84 3.69 6.15 1,021.65
78 9.84 3.71 6.13 1,017.93
79 9.84 3.73 6.11 1,014.20
80 9.84 3.76 6.09 1,010.44
81 9.84 3.78 6.06 1,006.66
82 9.84 3.80 6.04 1,002.86
83 9.84 3.82 6.02 999.04
84 9.84 3.85 5.99 995.19
85 9.84 3.87 5.97 991.32
86 9.84 3.89 5.95 987.43
87 9.84 3.92 5.92 983.51
88 9.84 3.94 5.90 979.57
89 9.84 3.96 5.88 975.60
90 9.84 3.99 5.85 971.61
91 9.84 4.01 5.83 967.60
92 9.84 4.04 5.81 963.57
93 9.84 4.06 5.78 959.51
94 9.84 4.08 5.76 955.42
95 9.84 4.11 5.73 951.31
96 9.84 4.13 5.71 947.18
97 9.84 4.16 5.68 943.02
98 9.84 4.18 5.66 938.83
99 9.84 4.21 5.63 934.63
100 9.84 4.23 5.61 930.39
101 9.84 4.26 5.58 926.13
102 9.84 4.29 5.56 921.85
103 9.84 4.31 5.53 917.54
104 9.84 4.34 5.51 913.20
105 9.84 4.36 5.48 908.84
106 9.84 4.39 5.45 904.45
107 9.84 4.42 5.43 900.03
108 9.84 4.44 5.40 895.59
109 9.84 4.47 5.37 891.12
110 9.84 4.50 5.35 886.63
111 9.84 4.52 5.32 882.11
112 9.84 4.55 5.29 877.56
113 9.84 4.58 5.27 872.98
114 9.84 4.60 5.24 868.38
115 9.84 4.63 5.21 863.74
116 9.84 4.66 5.18 859.09
117 9.84 4.69 5.15 854.40
118 9.84 4.72 5.13 849.68
119 9.84 4.74 5.10 844.94
120 9.84 4.77 5.07 840.17
121 9.84 4.80 5.04 835.37
122 9.84 4.83 5.01 830.54
123 9.84 4.86 4.98 825.68
124 9.84 4.89 4.95 820.79
125 9.84 4.92 4.92 815.87
126 9.84 4.95 4.90 810.93
127 9.84 4.98 4.87 805.95
128 9.84 5.01 4.84 800.94
129 9.84 5.04 4.81 795.91
130 9.84 5.07 4.78 790.84
131 9.84 5.10 4.75 785.74
132 9.84 5.13 4.71 780.62
133 9.84 5.16 4.68 775.46
134 9.84 5.19 4.65 770.27
135 9.84 5.22 4.62 765.05
136 9.84 5.25 4.59 759.80
137 9.84 5.28 4.56 754.51
138 9.84 5.31 4.53 749.20
139 9.84 5.35 4.50 743.85
140 9.84 5.38 4.46 738.47
141 9.84 5.41 4.43 733.06
142 9.84 5.44 4.40 727.62
143 9.84 5.48 4.37 722.14
144 9.84 5.51 4.33 716.63
145 9.84 5.54 4.30 711.09
146 9.84 5.58 4.27 705.52
147 9.84 5.61 4.23 699.91
148 9.84 5.64 4.20 694.27
149 9.84 5.68 4.17 688.59
150 9.84 5.71 4.13 682.88
151 9.84 5.74 4.10 677.13
152 9.84 5.78 4.06 671.36
153 9.84 5.81 4.03 665.54
154 9.84 5.85 3.99 659.69
155 9.84 5.88 3.96 653.81
156 9.84 5.92 3.92 647.89
157 9.84 5.95 3.89 641.94
158 9.84 5.99 3.85 635.95
159 9.84 6.03 3.82 629.92
160 9.84 6.06 3.78 623.86
161 9.84 6.10 3.74 617.76
162 9.84 6.14 3.71 611.62
163 9.84 6.17 3.67 605.45
164 9.84 6.21 3.63 599.24
165 9.84 6.25 3.60 593.00
166 9.84 6.28 3.56 586.71
167 9.84 6.32 3.52 580.39
168 9.84 6.36 3.48 574.03
169 9.84 6.40 3.44 567.63
170 9.84 6.44 3.41 561.20
171 9.84 6.47 3.37 554.72
172 9.84 6.51 3.33 548.21
173 9.84 6.55 3.29 541.66
174 9.84 6.59 3.25 535.06
175 9.84 6.63 3.21 528.43
176 9.84 6.67 3.17 521.76
177 9.84 6.71 3.13 515.05
178 9.84 6.75 3.09 508.30
179 9.84 6.79 3.05 501.51
180 9.84 6.83 3.01 494.67
181 9.84 6.87 2.97 487.80
182 9.84 6.92 2.93 480.88
183 9.84 6.96 2.89 473.93
184 9.84 7.00 2.84 466.93
185 9.84 7.04 2.80 459.89
186 9.84 7.08 2.76 452.81
187 9.84 7.13 2.72 445.68
188 9.84 7.17 2.67 438.51
189 9.84 7.21 2.63 431.30
190 9.84 7.25 2.59 424.05
191 9.84 7.30 2.54 416.75
192 9.84 7.34 2.50 409.41
193 9.84 7.39 2.46 402.02
194 9.84 7.43 2.41 394.59
195 9.84 7.47 2.37 387.12
196 9.84 7.52 2.32 379.60
197 9.84 7.56 2.28 372.04
198 9.84 7.61 2.23 364.43
199 9.84 7.66 2.19 356.77
200 9.84 7.70 2.14 349.07
201 9.84 7.75 2.09 341.32
202 9.84 7.79 2.05 333.53
203 9.84 7.84 2.00 325.69
204 9.84 7.89 1.95 317.80
205 9.84 7.94 1.91 309.87
206 9.84 7.98 1.86 301.88
207 9.84 8.03 1.81 293.85
208 9.84 8.08 1.76 285.77
209 9.84 8.13 1.71 277.65
210 9.84 8.18 1.67 269.47
211 9.84 8.23 1.62 261.25
212 9.84 8.27 1.57 252.97
213 9.84 8.32 1.52 244.65
214 9.84 8.37 1.47 236.27
215 9.84 8.42 1.42 227.85
216 9.84 8.47 1.37 219.37
217 9.84 8.53 1.32 210.85
218 9.84 8.58 1.27 202.27
219 9.84 8.63 1.21 193.64
220 9.84 8.68 1.16 184.96
221 9.84 8.73 1.11 176.23
222 9.84 8.78 1.06 167.45
223 9.84 8.84 1.00 158.61
224 9.84 8.89 0.95 149.72
225 9.84 8.94 0.90 140.78
226 9.84 9.00 0.84 131.78
227 9.84 9.05 0.79 122.73
228 9.84 9.11 0.74 113.62
229 9.84 9.16 0.68 104.46
230 9.84 9.22 0.63 95.25
231 9.84 9.27 0.57 85.98
232 9.84 9.33 0.52 76.65
233 9.84 9.38 0.46 67.27
234 9.84 9.44 0.40 57.83
235 9.84 9.49 0.35 48.34
236 9.84 9.55 0.29 38.78
237 9.84 9.61 0.23 29.17
238 9.84 9.67 0.18 19.51
239 9.84 9.72 0.12 9.78
240 9.84 9.78 0.06 0.00