Mortgage Loan of $1,200 for 30 Years at 7.00%

What's the payment on a 30 year home loan for $1.2k at 7.00% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $7.98
$96 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 30 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 7.98 0.98 7.00 1,199.02
2 7.98 0.99 6.99 1,198.03
3 7.98 1.00 6.99 1,197.03
4 7.98 1.00 6.98 1,196.03
5 7.98 1.01 6.98 1,195.02
6 7.98 1.01 6.97 1,194.01
7 7.98 1.02 6.97 1,192.99
8 7.98 1.02 6.96 1,191.97
9 7.98 1.03 6.95 1,190.94
10 7.98 1.04 6.95 1,189.90
11 7.98 1.04 6.94 1,188.86
12 7.98 1.05 6.94 1,187.81
13 7.98 1.05 6.93 1,186.76
14 7.98 1.06 6.92 1,185.69
15 7.98 1.07 6.92 1,184.63
16 7.98 1.07 6.91 1,183.55
17 7.98 1.08 6.90 1,182.47
18 7.98 1.09 6.90 1,181.39
19 7.98 1.09 6.89 1,180.30
20 7.98 1.10 6.89 1,179.20
21 7.98 1.10 6.88 1,178.09
22 7.98 1.11 6.87 1,176.98
23 7.98 1.12 6.87 1,175.86
24 7.98 1.12 6.86 1,174.74
25 7.98 1.13 6.85 1,173.61
26 7.98 1.14 6.85 1,172.47
27 7.98 1.14 6.84 1,171.33
28 7.98 1.15 6.83 1,170.18
29 7.98 1.16 6.83 1,169.02
30 7.98 1.16 6.82 1,167.85
31 7.98 1.17 6.81 1,166.68
32 7.98 1.18 6.81 1,165.50
33 7.98 1.18 6.80 1,164.32
34 7.98 1.19 6.79 1,163.13
35 7.98 1.20 6.78 1,161.93
36 7.98 1.21 6.78 1,160.72
37 7.98 1.21 6.77 1,159.51
38 7.98 1.22 6.76 1,158.29
39 7.98 1.23 6.76 1,157.06
40 7.98 1.23 6.75 1,155.83
41 7.98 1.24 6.74 1,154.59
42 7.98 1.25 6.74 1,153.34
43 7.98 1.26 6.73 1,152.08
44 7.98 1.26 6.72 1,150.82
45 7.98 1.27 6.71 1,149.55
46 7.98 1.28 6.71 1,148.27
47 7.98 1.29 6.70 1,146.99
48 7.98 1.29 6.69 1,145.69
49 7.98 1.30 6.68 1,144.39
50 7.98 1.31 6.68 1,143.09
51 7.98 1.32 6.67 1,141.77
52 7.98 1.32 6.66 1,140.45
53 7.98 1.33 6.65 1,139.12
54 7.98 1.34 6.64 1,137.78
55 7.98 1.35 6.64 1,136.43
56 7.98 1.35 6.63 1,135.08
57 7.98 1.36 6.62 1,133.71
58 7.98 1.37 6.61 1,132.34
59 7.98 1.38 6.61 1,130.97
60 7.98 1.39 6.60 1,129.58
61 7.98 1.39 6.59 1,128.18
62 7.98 1.40 6.58 1,126.78
63 7.98 1.41 6.57 1,125.37
64 7.98 1.42 6.56 1,123.95
65 7.98 1.43 6.56 1,122.53
66 7.98 1.44 6.55 1,121.09
67 7.98 1.44 6.54 1,119.65
68 7.98 1.45 6.53 1,118.19
69 7.98 1.46 6.52 1,116.73
70 7.98 1.47 6.51 1,115.26
71 7.98 1.48 6.51 1,113.79
72 7.98 1.49 6.50 1,112.30
73 7.98 1.50 6.49 1,110.80
74 7.98 1.50 6.48 1,109.30
75 7.98 1.51 6.47 1,107.79
76 7.98 1.52 6.46 1,106.27
77 7.98 1.53 6.45 1,104.73
78 7.98 1.54 6.44 1,103.20
79 7.98 1.55 6.44 1,101.65
80 7.98 1.56 6.43 1,100.09
81 7.98 1.57 6.42 1,098.52
82 7.98 1.58 6.41 1,096.95
83 7.98 1.58 6.40 1,095.36
84 7.98 1.59 6.39 1,093.77
85 7.98 1.60 6.38 1,092.17
86 7.98 1.61 6.37 1,090.55
87 7.98 1.62 6.36 1,088.93
88 7.98 1.63 6.35 1,087.30
89 7.98 1.64 6.34 1,085.66
90 7.98 1.65 6.33 1,084.01
91 7.98 1.66 6.32 1,082.35
92 7.98 1.67 6.31 1,080.68
93 7.98 1.68 6.30 1,079.00
94 7.98 1.69 6.29 1,077.31
95 7.98 1.70 6.28 1,075.61
96 7.98 1.71 6.27 1,073.90
97 7.98 1.72 6.26 1,072.18
98 7.98 1.73 6.25 1,070.45
99 7.98 1.74 6.24 1,068.71
100 7.98 1.75 6.23 1,066.96
101 7.98 1.76 6.22 1,065.20
102 7.98 1.77 6.21 1,063.43
103 7.98 1.78 6.20 1,061.65
104 7.98 1.79 6.19 1,059.86
105 7.98 1.80 6.18 1,058.06
106 7.98 1.81 6.17 1,056.25
107 7.98 1.82 6.16 1,054.43
108 7.98 1.83 6.15 1,052.59
109 7.98 1.84 6.14 1,050.75
110 7.98 1.85 6.13 1,048.90
111 7.98 1.87 6.12 1,047.03
112 7.98 1.88 6.11 1,045.16
113 7.98 1.89 6.10 1,043.27
114 7.98 1.90 6.09 1,041.37
115 7.98 1.91 6.07 1,039.46
116 7.98 1.92 6.06 1,037.54
117 7.98 1.93 6.05 1,035.61
118 7.98 1.94 6.04 1,033.67
119 7.98 1.95 6.03 1,031.71
120 7.98 1.97 6.02 1,029.75
121 7.98 1.98 6.01 1,027.77
122 7.98 1.99 6.00 1,025.78
123 7.98 2.00 5.98 1,023.78
124 7.98 2.01 5.97 1,021.77
125 7.98 2.02 5.96 1,019.75
126 7.98 2.04 5.95 1,017.71
127 7.98 2.05 5.94 1,015.67
128 7.98 2.06 5.92 1,013.61
129 7.98 2.07 5.91 1,011.54
130 7.98 2.08 5.90 1,009.45
131 7.98 2.10 5.89 1,007.36
132 7.98 2.11 5.88 1,005.25
133 7.98 2.12 5.86 1,003.13
134 7.98 2.13 5.85 1,001.00
135 7.98 2.14 5.84 998.86
136 7.98 2.16 5.83 996.70
137 7.98 2.17 5.81 994.53
138 7.98 2.18 5.80 992.35
139 7.98 2.19 5.79 990.15
140 7.98 2.21 5.78 987.94
141 7.98 2.22 5.76 985.72
142 7.98 2.23 5.75 983.49
143 7.98 2.25 5.74 981.24
144 7.98 2.26 5.72 978.98
145 7.98 2.27 5.71 976.71
146 7.98 2.29 5.70 974.42
147 7.98 2.30 5.68 972.12
148 7.98 2.31 5.67 969.81
149 7.98 2.33 5.66 967.49
150 7.98 2.34 5.64 965.15
151 7.98 2.35 5.63 962.79
152 7.98 2.37 5.62 960.42
153 7.98 2.38 5.60 958.04
154 7.98 2.40 5.59 955.65
155 7.98 2.41 5.57 953.24
156 7.98 2.42 5.56 950.82
157 7.98 2.44 5.55 948.38
158 7.98 2.45 5.53 945.93
159 7.98 2.47 5.52 943.46
160 7.98 2.48 5.50 940.98
161 7.98 2.49 5.49 938.49
162 7.98 2.51 5.47 935.98
163 7.98 2.52 5.46 933.45
164 7.98 2.54 5.45 930.92
165 7.98 2.55 5.43 928.36
166 7.98 2.57 5.42 925.79
167 7.98 2.58 5.40 923.21
168 7.98 2.60 5.39 920.61
169 7.98 2.61 5.37 918.00
170 7.98 2.63 5.35 915.37
171 7.98 2.64 5.34 912.73
172 7.98 2.66 5.32 910.07
173 7.98 2.67 5.31 907.39
174 7.98 2.69 5.29 904.70
175 7.98 2.71 5.28 902.00
176 7.98 2.72 5.26 899.27
177 7.98 2.74 5.25 896.54
178 7.98 2.75 5.23 893.78
179 7.98 2.77 5.21 891.01
180 7.98 2.79 5.20 888.23
181 7.98 2.80 5.18 885.42
182 7.98 2.82 5.16 882.61
183 7.98 2.84 5.15 879.77
184 7.98 2.85 5.13 876.92
185 7.98 2.87 5.12 874.05
186 7.98 2.89 5.10 871.17
187 7.98 2.90 5.08 868.26
188 7.98 2.92 5.06 865.34
189 7.98 2.94 5.05 862.41
190 7.98 2.95 5.03 859.46
191 7.98 2.97 5.01 856.49
192 7.98 2.99 5.00 853.50
193 7.98 3.00 4.98 850.49
194 7.98 3.02 4.96 847.47
195 7.98 3.04 4.94 844.43
196 7.98 3.06 4.93 841.37
197 7.98 3.08 4.91 838.30
198 7.98 3.09 4.89 835.20
199 7.98 3.11 4.87 832.09
200 7.98 3.13 4.85 828.96
201 7.98 3.15 4.84 825.81
202 7.98 3.17 4.82 822.65
203 7.98 3.18 4.80 819.46
204 7.98 3.20 4.78 816.26
205 7.98 3.22 4.76 813.04
206 7.98 3.24 4.74 809.80
207 7.98 3.26 4.72 806.54
208 7.98 3.28 4.70 803.26
209 7.98 3.30 4.69 799.96
210 7.98 3.32 4.67 796.64
211 7.98 3.34 4.65 793.31
212 7.98 3.36 4.63 789.95
213 7.98 3.38 4.61 786.58
214 7.98 3.40 4.59 783.18
215 7.98 3.42 4.57 779.76
216 7.98 3.44 4.55 776.33
217 7.98 3.46 4.53 772.87
218 7.98 3.48 4.51 769.40
219 7.98 3.50 4.49 765.90
220 7.98 3.52 4.47 762.39
221 7.98 3.54 4.45 758.85
222 7.98 3.56 4.43 755.29
223 7.98 3.58 4.41 751.72
224 7.98 3.60 4.39 748.12
225 7.98 3.62 4.36 744.50
226 7.98 3.64 4.34 740.86
227 7.98 3.66 4.32 737.20
228 7.98 3.68 4.30 733.51
229 7.98 3.70 4.28 729.81
230 7.98 3.73 4.26 726.08
231 7.98 3.75 4.24 722.33
232 7.98 3.77 4.21 718.56
233 7.98 3.79 4.19 714.77
234 7.98 3.81 4.17 710.96
235 7.98 3.84 4.15 707.12
236 7.98 3.86 4.12 703.26
237 7.98 3.88 4.10 699.38
238 7.98 3.90 4.08 695.48
239 7.98 3.93 4.06 691.55
240 7.98 3.95 4.03 687.60
241 7.98 3.97 4.01 683.63
242 7.98 4.00 3.99 679.63
243 7.98 4.02 3.96 675.61
244 7.98 4.04 3.94 671.57
245 7.98 4.07 3.92 667.50
246 7.98 4.09 3.89 663.41
247 7.98 4.11 3.87 659.30
248 7.98 4.14 3.85 655.16
249 7.98 4.16 3.82 651.00
250 7.98 4.19 3.80 646.82
251 7.98 4.21 3.77 642.60
252 7.98 4.24 3.75 638.37
253 7.98 4.26 3.72 634.11
254 7.98 4.28 3.70 629.83
255 7.98 4.31 3.67 625.52
256 7.98 4.33 3.65 621.18
257 7.98 4.36 3.62 616.82
258 7.98 4.39 3.60 612.44
259 7.98 4.41 3.57 608.02
260 7.98 4.44 3.55 603.59
261 7.98 4.46 3.52 599.12
262 7.98 4.49 3.49 594.64
263 7.98 4.51 3.47 590.12
264 7.98 4.54 3.44 585.58
265 7.98 4.57 3.42 581.01
266 7.98 4.59 3.39 576.42
267 7.98 4.62 3.36 571.80
268 7.98 4.65 3.34 567.15
269 7.98 4.68 3.31 562.47
270 7.98 4.70 3.28 557.77
271 7.98 4.73 3.25 553.04
272 7.98 4.76 3.23 548.28
273 7.98 4.79 3.20 543.50
274 7.98 4.81 3.17 538.68
275 7.98 4.84 3.14 533.84
276 7.98 4.87 3.11 528.97
277 7.98 4.90 3.09 524.08
278 7.98 4.93 3.06 519.15
279 7.98 4.96 3.03 514.19
280 7.98 4.98 3.00 509.21
281 7.98 5.01 2.97 504.20
282 7.98 5.04 2.94 499.15
283 7.98 5.07 2.91 494.08
284 7.98 5.10 2.88 488.98
285 7.98 5.13 2.85 483.85
286 7.98 5.16 2.82 478.69
287 7.98 5.19 2.79 473.50
288 7.98 5.22 2.76 468.28
289 7.98 5.25 2.73 463.02
290 7.98 5.28 2.70 457.74
291 7.98 5.31 2.67 452.43
292 7.98 5.34 2.64 447.08
293 7.98 5.38 2.61 441.71
294 7.98 5.41 2.58 436.30
295 7.98 5.44 2.55 430.86
296 7.98 5.47 2.51 425.39
297 7.98 5.50 2.48 419.89
298 7.98 5.53 2.45 414.35
299 7.98 5.57 2.42 408.79
300 7.98 5.60 2.38 403.19
301 7.98 5.63 2.35 397.56
302 7.98 5.66 2.32 391.89
303 7.98 5.70 2.29 386.20
304 7.98 5.73 2.25 380.46
305 7.98 5.76 2.22 374.70
306 7.98 5.80 2.19 368.90
307 7.98 5.83 2.15 363.07
308 7.98 5.87 2.12 357.21
309 7.98 5.90 2.08 351.31
310 7.98 5.93 2.05 345.37
311 7.98 5.97 2.01 339.40
312 7.98 6.00 1.98 333.40
313 7.98 6.04 1.94 327.36
314 7.98 6.07 1.91 321.29
315 7.98 6.11 1.87 315.18
316 7.98 6.15 1.84 309.03
317 7.98 6.18 1.80 302.85
318 7.98 6.22 1.77 296.63
319 7.98 6.25 1.73 290.38
320 7.98 6.29 1.69 284.09
321 7.98 6.33 1.66 277.76
322 7.98 6.36 1.62 271.40
323 7.98 6.40 1.58 265.00
324 7.98 6.44 1.55 258.56
325 7.98 6.48 1.51 252.09
326 7.98 6.51 1.47 245.57
327 7.98 6.55 1.43 239.02
328 7.98 6.59 1.39 232.43
329 7.98 6.63 1.36 225.80
330 7.98 6.67 1.32 219.14
331 7.98 6.71 1.28 212.43
332 7.98 6.74 1.24 205.69
333 7.98 6.78 1.20 198.90
334 7.98 6.82 1.16 192.08
335 7.98 6.86 1.12 185.22
336 7.98 6.90 1.08 178.32
337 7.98 6.94 1.04 171.37
338 7.98 6.98 1.00 164.39
339 7.98 7.02 0.96 157.36
340 7.98 7.07 0.92 150.30
341 7.98 7.11 0.88 143.19
342 7.98 7.15 0.84 136.04
343 7.98 7.19 0.79 128.85
344 7.98 7.23 0.75 121.62
345 7.98 7.27 0.71 114.35
346 7.98 7.32 0.67 107.03
347 7.98 7.36 0.62 99.67
348 7.98 7.40 0.58 92.27
349 7.98 7.45 0.54 84.82
350 7.98 7.49 0.49 77.33
351 7.98 7.53 0.45 69.80
352 7.98 7.58 0.41 62.22
353 7.98 7.62 0.36 54.60
354 7.98 7.67 0.32 46.94
355 7.98 7.71 0.27 39.23
356 7.98 7.75 0.23 31.47
357 7.98 7.80 0.18 23.67
358 7.98 7.85 0.14 15.83
359 7.98 7.89 0.09 7.94
360 7.98 7.94 0.05 0.00