Mortgage Loan of $1,200 for 25 Years at 2.875%

What's the payment on a 25 year home loan for $1.2k at 2.875% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $5.61
$67 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $1.2k 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 1,200 loan for 25 years at 2.875 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 5.61 2.74 2.88 1,197.26
2 5.61 2.74 2.87 1,194.52
3 5.61 2.75 2.86 1,191.77
4 5.61 2.76 2.86 1,189.01
5 5.61 2.76 2.85 1,186.25
6 5.61 2.77 2.84 1,183.47
7 5.61 2.78 2.84 1,180.70
8 5.61 2.78 2.83 1,177.91
9 5.61 2.79 2.82 1,175.12
10 5.61 2.80 2.82 1,172.32
11 5.61 2.80 2.81 1,169.52
12 5.61 2.81 2.80 1,166.71
13 5.61 2.82 2.80 1,163.89
14 5.61 2.82 2.79 1,161.07
15 5.61 2.83 2.78 1,158.24
16 5.61 2.84 2.77 1,155.40
17 5.61 2.84 2.77 1,152.55
18 5.61 2.85 2.76 1,149.70
19 5.61 2.86 2.75 1,146.84
20 5.61 2.87 2.75 1,143.98
21 5.61 2.87 2.74 1,141.11
22 5.61 2.88 2.73 1,138.23
23 5.61 2.89 2.73 1,135.34
24 5.61 2.89 2.72 1,132.45
25 5.61 2.90 2.71 1,129.55
26 5.61 2.91 2.71 1,126.64
27 5.61 2.91 2.70 1,123.73
28 5.61 2.92 2.69 1,120.81
29 5.61 2.93 2.69 1,117.88
30 5.61 2.93 2.68 1,114.95
31 5.61 2.94 2.67 1,112.01
32 5.61 2.95 2.66 1,109.06
33 5.61 2.96 2.66 1,106.10
34 5.61 2.96 2.65 1,103.14
35 5.61 2.97 2.64 1,100.17
36 5.61 2.98 2.64 1,097.19
37 5.61 2.98 2.63 1,094.21
38 5.61 2.99 2.62 1,091.22
39 5.61 3.00 2.61 1,088.22
40 5.61 3.01 2.61 1,085.21
41 5.61 3.01 2.60 1,082.20
42 5.61 3.02 2.59 1,079.18
43 5.61 3.03 2.59 1,076.15
44 5.61 3.03 2.58 1,073.12
45 5.61 3.04 2.57 1,070.08
46 5.61 3.05 2.56 1,067.03
47 5.61 3.06 2.56 1,063.97
48 5.61 3.06 2.55 1,060.91
49 5.61 3.07 2.54 1,057.84
50 5.61 3.08 2.53 1,054.76
51 5.61 3.09 2.53 1,051.67
52 5.61 3.09 2.52 1,048.58
53 5.61 3.10 2.51 1,045.48
54 5.61 3.11 2.50 1,042.37
55 5.61 3.12 2.50 1,039.25
56 5.61 3.12 2.49 1,036.13
57 5.61 3.13 2.48 1,033.00
58 5.61 3.14 2.47 1,029.86
59 5.61 3.15 2.47 1,026.72
60 5.61 3.15 2.46 1,023.56
61 5.61 3.16 2.45 1,020.40
62 5.61 3.17 2.44 1,017.24
63 5.61 3.18 2.44 1,014.06
64 5.61 3.18 2.43 1,010.88
65 5.61 3.19 2.42 1,007.69
66 5.61 3.20 2.41 1,004.49
67 5.61 3.21 2.41 1,001.28
68 5.61 3.21 2.40 998.07
69 5.61 3.22 2.39 994.84
70 5.61 3.23 2.38 991.62
71 5.61 3.24 2.38 988.38
72 5.61 3.24 2.37 985.13
73 5.61 3.25 2.36 981.88
74 5.61 3.26 2.35 978.62
75 5.61 3.27 2.34 975.35
76 5.61 3.28 2.34 972.08
77 5.61 3.28 2.33 968.79
78 5.61 3.29 2.32 965.50
79 5.61 3.30 2.31 962.20
80 5.61 3.31 2.31 958.89
81 5.61 3.32 2.30 955.58
82 5.61 3.32 2.29 952.25
83 5.61 3.33 2.28 948.92
84 5.61 3.34 2.27 945.58
85 5.61 3.35 2.27 942.24
86 5.61 3.36 2.26 938.88
87 5.61 3.36 2.25 935.52
88 5.61 3.37 2.24 932.15
89 5.61 3.38 2.23 928.77
90 5.61 3.39 2.23 925.38
91 5.61 3.40 2.22 921.98
92 5.61 3.40 2.21 918.58
93 5.61 3.41 2.20 915.17
94 5.61 3.42 2.19 911.75
95 5.61 3.43 2.18 908.32
96 5.61 3.44 2.18 904.88
97 5.61 3.44 2.17 901.44
98 5.61 3.45 2.16 897.98
99 5.61 3.46 2.15 894.52
100 5.61 3.47 2.14 891.05
101 5.61 3.48 2.13 887.57
102 5.61 3.49 2.13 884.09
103 5.61 3.49 2.12 880.59
104 5.61 3.50 2.11 877.09
105 5.61 3.51 2.10 873.58
106 5.61 3.52 2.09 870.06
107 5.61 3.53 2.08 866.53
108 5.61 3.54 2.08 862.99
109 5.61 3.55 2.07 859.45
110 5.61 3.55 2.06 855.90
111 5.61 3.56 2.05 852.33
112 5.61 3.57 2.04 848.76
113 5.61 3.58 2.03 845.18
114 5.61 3.59 2.02 841.60
115 5.61 3.60 2.02 838.00
116 5.61 3.61 2.01 834.39
117 5.61 3.61 2.00 830.78
118 5.61 3.62 1.99 827.16
119 5.61 3.63 1.98 823.53
120 5.61 3.64 1.97 819.89
121 5.61 3.65 1.96 816.24
122 5.61 3.66 1.96 812.58
123 5.61 3.67 1.95 808.91
124 5.61 3.67 1.94 805.24
125 5.61 3.68 1.93 801.56
126 5.61 3.69 1.92 797.86
127 5.61 3.70 1.91 794.16
128 5.61 3.71 1.90 790.45
129 5.61 3.72 1.89 786.73
130 5.61 3.73 1.88 783.01
131 5.61 3.74 1.88 779.27
132 5.61 3.75 1.87 775.52
133 5.61 3.75 1.86 771.77
134 5.61 3.76 1.85 768.00
135 5.61 3.77 1.84 764.23
136 5.61 3.78 1.83 760.45
137 5.61 3.79 1.82 756.66
138 5.61 3.80 1.81 752.86
139 5.61 3.81 1.80 749.05
140 5.61 3.82 1.79 745.23
141 5.61 3.83 1.79 741.40
142 5.61 3.84 1.78 737.57
143 5.61 3.85 1.77 733.72
144 5.61 3.85 1.76 729.87
145 5.61 3.86 1.75 726.00
146 5.61 3.87 1.74 722.13
147 5.61 3.88 1.73 718.25
148 5.61 3.89 1.72 714.35
149 5.61 3.90 1.71 710.45
150 5.61 3.91 1.70 706.54
151 5.61 3.92 1.69 702.62
152 5.61 3.93 1.68 698.69
153 5.61 3.94 1.67 694.75
154 5.61 3.95 1.66 690.81
155 5.61 3.96 1.66 686.85
156 5.61 3.97 1.65 682.88
157 5.61 3.98 1.64 678.90
158 5.61 3.99 1.63 674.92
159 5.61 4.00 1.62 670.92
160 5.61 4.01 1.61 666.92
161 5.61 4.02 1.60 662.90
162 5.61 4.02 1.59 658.88
163 5.61 4.03 1.58 654.84
164 5.61 4.04 1.57 650.80
165 5.61 4.05 1.56 646.74
166 5.61 4.06 1.55 642.68
167 5.61 4.07 1.54 638.61
168 5.61 4.08 1.53 634.53
169 5.61 4.09 1.52 630.43
170 5.61 4.10 1.51 626.33
171 5.61 4.11 1.50 622.22
172 5.61 4.12 1.49 618.10
173 5.61 4.13 1.48 613.96
174 5.61 4.14 1.47 609.82
175 5.61 4.15 1.46 605.67
176 5.61 4.16 1.45 601.51
177 5.61 4.17 1.44 597.34
178 5.61 4.18 1.43 593.16
179 5.61 4.19 1.42 588.96
180 5.61 4.20 1.41 584.76
181 5.61 4.21 1.40 580.55
182 5.61 4.22 1.39 576.33
183 5.61 4.23 1.38 572.10
184 5.61 4.24 1.37 567.85
185 5.61 4.25 1.36 563.60
186 5.61 4.26 1.35 559.34
187 5.61 4.27 1.34 555.07
188 5.61 4.28 1.33 550.78
189 5.61 4.29 1.32 546.49
190 5.61 4.30 1.31 542.19
191 5.61 4.31 1.30 537.87
192 5.61 4.32 1.29 533.55
193 5.61 4.33 1.28 529.21
194 5.61 4.34 1.27 524.87
195 5.61 4.36 1.26 520.51
196 5.61 4.37 1.25 516.15
197 5.61 4.38 1.24 511.77
198 5.61 4.39 1.23 507.38
199 5.61 4.40 1.22 502.99
200 5.61 4.41 1.21 498.58
201 5.61 4.42 1.19 494.16
202 5.61 4.43 1.18 489.73
203 5.61 4.44 1.17 485.29
204 5.61 4.45 1.16 480.84
205 5.61 4.46 1.15 476.38
206 5.61 4.47 1.14 471.91
207 5.61 4.48 1.13 467.43
208 5.61 4.49 1.12 462.94
209 5.61 4.50 1.11 458.43
210 5.61 4.51 1.10 453.92
211 5.61 4.53 1.09 449.39
212 5.61 4.54 1.08 444.86
213 5.61 4.55 1.07 440.31
214 5.61 4.56 1.05 435.75
215 5.61 4.57 1.04 431.18
216 5.61 4.58 1.03 426.60
217 5.61 4.59 1.02 422.01
218 5.61 4.60 1.01 417.41
219 5.61 4.61 1.00 412.80
220 5.61 4.62 0.99 408.17
221 5.61 4.63 0.98 403.54
222 5.61 4.65 0.97 398.89
223 5.61 4.66 0.96 394.24
224 5.61 4.67 0.94 389.57
225 5.61 4.68 0.93 384.89
226 5.61 4.69 0.92 380.20
227 5.61 4.70 0.91 375.49
228 5.61 4.71 0.90 370.78
229 5.61 4.72 0.89 366.06
230 5.61 4.74 0.88 361.32
231 5.61 4.75 0.87 356.57
232 5.61 4.76 0.85 351.82
233 5.61 4.77 0.84 347.05
234 5.61 4.78 0.83 342.26
235 5.61 4.79 0.82 337.47
236 5.61 4.80 0.81 332.67
237 5.61 4.82 0.80 327.85
238 5.61 4.83 0.79 323.02
239 5.61 4.84 0.77 318.19
240 5.61 4.85 0.76 313.33
241 5.61 4.86 0.75 308.47
242 5.61 4.87 0.74 303.60
243 5.61 4.89 0.73 298.71
244 5.61 4.90 0.72 293.82
245 5.61 4.91 0.70 288.91
246 5.61 4.92 0.69 283.99
247 5.61 4.93 0.68 279.05
248 5.61 4.94 0.67 274.11
249 5.61 4.96 0.66 269.15
250 5.61 4.97 0.64 264.19
251 5.61 4.98 0.63 259.21
252 5.61 4.99 0.62 254.21
253 5.61 5.00 0.61 249.21
254 5.61 5.02 0.60 244.19
255 5.61 5.03 0.59 239.17
256 5.61 5.04 0.57 234.13
257 5.61 5.05 0.56 229.08
258 5.61 5.06 0.55 224.01
259 5.61 5.08 0.54 218.93
260 5.61 5.09 0.52 213.85
261 5.61 5.10 0.51 208.75
262 5.61 5.11 0.50 203.63
263 5.61 5.12 0.49 198.51
264 5.61 5.14 0.48 193.37
265 5.61 5.15 0.46 188.22
266 5.61 5.16 0.45 183.06
267 5.61 5.17 0.44 177.89
268 5.61 5.19 0.43 172.70
269 5.61 5.20 0.41 167.50
270 5.61 5.21 0.40 162.29
271 5.61 5.22 0.39 157.06
272 5.61 5.24 0.38 151.83
273 5.61 5.25 0.36 146.58
274 5.61 5.26 0.35 141.32
275 5.61 5.27 0.34 136.04
276 5.61 5.29 0.33 130.76
277 5.61 5.30 0.31 125.46
278 5.61 5.31 0.30 120.14
279 5.61 5.32 0.29 114.82
280 5.61 5.34 0.28 109.48
281 5.61 5.35 0.26 104.13
282 5.61 5.36 0.25 98.77
283 5.61 5.38 0.24 93.39
284 5.61 5.39 0.22 88.00
285 5.61 5.40 0.21 82.60
286 5.61 5.41 0.20 77.19
287 5.61 5.43 0.18 71.76
288 5.61 5.44 0.17 66.32
289 5.61 5.45 0.16 60.86
290 5.61 5.47 0.15 55.40
291 5.61 5.48 0.13 49.92
292 5.61 5.49 0.12 44.42
293 5.61 5.51 0.11 38.92
294 5.61 5.52 0.09 33.40
295 5.61 5.53 0.08 27.86
296 5.61 5.55 0.07 22.32
297 5.61 5.56 0.05 16.76
298 5.61 5.57 0.04 11.19
299 5.61 5.59 0.03 5.60
300 5.61 5.60 0.01 0.00