Mortgage Loan of $1,250 for 20 Years at 7.25%

What's the payment on a 20 year home loan for $1,250.00 at 7.25% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $9.88
$119 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 7.25 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 9.88 2.33 7.55 1,247.67
2 9.88 2.34 7.54 1,245.33
3 9.88 2.36 7.52 1,242.97
4 9.88 2.37 7.51 1,240.60
5 9.88 2.38 7.50 1,238.22
6 9.88 2.40 7.48 1,235.82
7 9.88 2.41 7.47 1,233.41
8 9.88 2.43 7.45 1,230.98
9 9.88 2.44 7.44 1,228.54
10 9.88 2.46 7.42 1,226.08
11 9.88 2.47 7.41 1,223.61
12 9.88 2.49 7.39 1,221.12
13 9.88 2.50 7.38 1,218.62
14 9.88 2.52 7.36 1,216.10
15 9.88 2.53 7.35 1,213.57
16 9.88 2.55 7.33 1,211.02
17 9.88 2.56 7.32 1,208.46
18 9.88 2.58 7.30 1,205.88
19 9.88 2.59 7.29 1,203.29
20 9.88 2.61 7.27 1,200.68
21 9.88 2.63 7.25 1,198.05
22 9.88 2.64 7.24 1,195.41
23 9.88 2.66 7.22 1,192.75
24 9.88 2.67 7.21 1,190.08
25 9.88 2.69 7.19 1,187.39
26 9.88 2.71 7.17 1,184.68
27 9.88 2.72 7.16 1,181.96
28 9.88 2.74 7.14 1,179.22
29 9.88 2.76 7.12 1,176.47
30 9.88 2.77 7.11 1,173.69
31 9.88 2.79 7.09 1,170.91
32 9.88 2.81 7.07 1,168.10
33 9.88 2.82 7.06 1,165.28
34 9.88 2.84 7.04 1,162.44
35 9.88 2.86 7.02 1,159.58
36 9.88 2.87 7.01 1,156.71
37 9.88 2.89 6.99 1,153.82
38 9.88 2.91 6.97 1,150.91
39 9.88 2.93 6.95 1,147.98
40 9.88 2.94 6.94 1,145.04
41 9.88 2.96 6.92 1,142.08
42 9.88 2.98 6.90 1,139.10
43 9.88 3.00 6.88 1,136.10
44 9.88 3.02 6.86 1,133.08
45 9.88 3.03 6.85 1,130.05
46 9.88 3.05 6.83 1,127.00
47 9.88 3.07 6.81 1,123.93
48 9.88 3.09 6.79 1,120.84
49 9.88 3.11 6.77 1,117.73
50 9.88 3.13 6.75 1,114.60
51 9.88 3.15 6.73 1,111.46
52 9.88 3.16 6.72 1,108.29
53 9.88 3.18 6.70 1,105.11
54 9.88 3.20 6.68 1,101.90
55 9.88 3.22 6.66 1,098.68
56 9.88 3.24 6.64 1,095.44
57 9.88 3.26 6.62 1,092.18
58 9.88 3.28 6.60 1,088.90
59 9.88 3.30 6.58 1,085.60
60 9.88 3.32 6.56 1,082.28
61 9.88 3.34 6.54 1,078.94
62 9.88 3.36 6.52 1,075.57
63 9.88 3.38 6.50 1,072.19
64 9.88 3.40 6.48 1,068.79
65 9.88 3.42 6.46 1,065.37
66 9.88 3.44 6.44 1,061.93
67 9.88 3.46 6.42 1,058.46
68 9.88 3.48 6.39 1,054.98
69 9.88 3.51 6.37 1,051.47
70 9.88 3.53 6.35 1,047.94
71 9.88 3.55 6.33 1,044.40
72 9.88 3.57 6.31 1,040.83
73 9.88 3.59 6.29 1,037.23
74 9.88 3.61 6.27 1,033.62
75 9.88 3.63 6.24 1,029.99
76 9.88 3.66 6.22 1,026.33
77 9.88 3.68 6.20 1,022.65
78 9.88 3.70 6.18 1,018.95
79 9.88 3.72 6.16 1,015.23
80 9.88 3.75 6.13 1,011.48
81 9.88 3.77 6.11 1,007.71
82 9.88 3.79 6.09 1,003.92
83 9.88 3.81 6.07 1,000.11
84 9.88 3.84 6.04 996.27
85 9.88 3.86 6.02 992.41
86 9.88 3.88 6.00 988.52
87 9.88 3.91 5.97 984.62
88 9.88 3.93 5.95 980.69
89 9.88 3.95 5.92 976.73
90 9.88 3.98 5.90 972.75
91 9.88 4.00 5.88 968.75
92 9.88 4.03 5.85 964.72
93 9.88 4.05 5.83 960.67
94 9.88 4.08 5.80 956.60
95 9.88 4.10 5.78 952.50
96 9.88 4.13 5.75 948.37
97 9.88 4.15 5.73 944.22
98 9.88 4.18 5.70 940.05
99 9.88 4.20 5.68 935.84
100 9.88 4.23 5.65 931.62
101 9.88 4.25 5.63 927.37
102 9.88 4.28 5.60 923.09
103 9.88 4.30 5.58 918.79
104 9.88 4.33 5.55 914.46
105 9.88 4.35 5.52 910.10
106 9.88 4.38 5.50 905.72
107 9.88 4.41 5.47 901.32
108 9.88 4.43 5.45 896.88
109 9.88 4.46 5.42 892.42
110 9.88 4.49 5.39 887.93
111 9.88 4.52 5.36 883.42
112 9.88 4.54 5.34 878.88
113 9.88 4.57 5.31 874.31
114 9.88 4.60 5.28 869.71
115 9.88 4.63 5.25 865.08
116 9.88 4.65 5.23 860.43
117 9.88 4.68 5.20 855.75
118 9.88 4.71 5.17 851.04
119 9.88 4.74 5.14 846.30
120 9.88 4.77 5.11 841.53
121 9.88 4.80 5.08 836.74
122 9.88 4.82 5.06 831.91
123 9.88 4.85 5.03 827.06
124 9.88 4.88 5.00 822.18
125 9.88 4.91 4.97 817.27
126 9.88 4.94 4.94 812.32
127 9.88 4.97 4.91 807.35
128 9.88 5.00 4.88 802.35
129 9.88 5.03 4.85 797.32
130 9.88 5.06 4.82 792.25
131 9.88 5.09 4.79 787.16
132 9.88 5.12 4.76 782.04
133 9.88 5.15 4.72 776.88
134 9.88 5.19 4.69 771.70
135 9.88 5.22 4.66 766.48
136 9.88 5.25 4.63 761.23
137 9.88 5.28 4.60 755.95
138 9.88 5.31 4.57 750.64
139 9.88 5.34 4.54 745.29
140 9.88 5.38 4.50 739.92
141 9.88 5.41 4.47 734.51
142 9.88 5.44 4.44 729.06
143 9.88 5.47 4.40 723.59
144 9.88 5.51 4.37 718.08
145 9.88 5.54 4.34 712.54
146 9.88 5.57 4.30 706.97
147 9.88 5.61 4.27 701.36
148 9.88 5.64 4.24 695.71
149 9.88 5.68 4.20 690.04
150 9.88 5.71 4.17 684.33
151 9.88 5.75 4.13 678.58
152 9.88 5.78 4.10 672.80
153 9.88 5.81 4.06 666.99
154 9.88 5.85 4.03 661.14
155 9.88 5.89 3.99 655.25
156 9.88 5.92 3.96 649.33
157 9.88 5.96 3.92 643.37
158 9.88 5.99 3.89 637.38
159 9.88 6.03 3.85 631.35
160 9.88 6.07 3.81 625.29
161 9.88 6.10 3.78 619.19
162 9.88 6.14 3.74 613.05
163 9.88 6.18 3.70 606.87
164 9.88 6.21 3.67 600.66
165 9.88 6.25 3.63 594.41
166 9.88 6.29 3.59 588.12
167 9.88 6.33 3.55 581.79
168 9.88 6.36 3.51 575.43
169 9.88 6.40 3.48 569.02
170 9.88 6.44 3.44 562.58
171 9.88 6.48 3.40 556.10
172 9.88 6.52 3.36 549.58
173 9.88 6.56 3.32 543.02
174 9.88 6.60 3.28 536.42
175 9.88 6.64 3.24 529.79
176 9.88 6.68 3.20 523.11
177 9.88 6.72 3.16 516.39
178 9.88 6.76 3.12 509.63
179 9.88 6.80 3.08 502.83
180 9.88 6.84 3.04 495.98
181 9.88 6.88 3.00 489.10
182 9.88 6.92 2.95 482.18
183 9.88 6.97 2.91 475.21
184 9.88 7.01 2.87 468.20
185 9.88 7.05 2.83 461.15
186 9.88 7.09 2.79 454.06
187 9.88 7.14 2.74 446.92
188 9.88 7.18 2.70 439.74
189 9.88 7.22 2.66 432.52
190 9.88 7.27 2.61 425.25
191 9.88 7.31 2.57 417.94
192 9.88 7.35 2.53 410.59
193 9.88 7.40 2.48 403.19
194 9.88 7.44 2.44 395.74
195 9.88 7.49 2.39 388.25
196 9.88 7.53 2.35 380.72
197 9.88 7.58 2.30 373.14
198 9.88 7.63 2.25 365.52
199 9.88 7.67 2.21 357.84
200 9.88 7.72 2.16 350.13
201 9.88 7.76 2.12 342.36
202 9.88 7.81 2.07 334.55
203 9.88 7.86 2.02 326.69
204 9.88 7.91 1.97 318.79
205 9.88 7.95 1.93 310.83
206 9.88 8.00 1.88 302.83
207 9.88 8.05 1.83 294.78
208 9.88 8.10 1.78 286.68
209 9.88 8.15 1.73 278.54
210 9.88 8.20 1.68 270.34
211 9.88 8.25 1.63 262.09
212 9.88 8.30 1.58 253.80
213 9.88 8.35 1.53 245.45
214 9.88 8.40 1.48 237.05
215 9.88 8.45 1.43 228.61
216 9.88 8.50 1.38 220.11
217 9.88 8.55 1.33 211.56
218 9.88 8.60 1.28 202.96
219 9.88 8.65 1.23 194.30
220 9.88 8.71 1.17 185.60
221 9.88 8.76 1.12 176.84
222 9.88 8.81 1.07 168.03
223 9.88 8.86 1.02 159.16
224 9.88 8.92 0.96 150.24
225 9.88 8.97 0.91 141.27
226 9.88 9.03 0.85 132.25
227 9.88 9.08 0.80 123.16
228 9.88 9.14 0.74 114.03
229 9.88 9.19 0.69 104.84
230 9.88 9.25 0.63 95.59
231 9.88 9.30 0.58 86.29
232 9.88 9.36 0.52 76.93
233 9.88 9.41 0.46 67.52
234 9.88 9.47 0.41 58.04
235 9.88 9.53 0.35 48.52
236 9.88 9.59 0.29 38.93
237 9.88 9.64 0.24 29.28
238 9.88 9.70 0.18 19.58
239 9.88 9.76 0.12 9.82
240 9.88 9.82 0.06 0.00