MONTHLY PAYMENTS NECESSARY TO AMORTIZE A LOAN OF $1000

Choose the column for the number of years you will be paying for, then pick the interest rate you will be paying. The amount shown in the table is the monthly payment per $1,000 of your mortgage amount. If your mortgage is for $125,000, multiply the amount in the table by 125 to figure your monthly payment.

 

 

Closing costs and points need to be added to your payment while taxes, insurance, and other monthly costs need to be added to your monthly payment.

For a more accurate figure or if you have questions, call us to assist you.

Interest Rate %	5	10	11	12	13	14	15	16	17	18	19	20	25	30
4.50	18.64	10.36	9.62	9.00	8.48	8.03	7.65	7.32	7.02	6.76	6.53	6.33	5.56	5.07
4.75	18.76	10.48	9.74	9.12	8.60	8.16	7.78	7.45	7.15	6.90	6.67	6.46	5.70	5.22
5.00	18.87	10.61	9.86	9.25	8.73	8.29	7.91	7.58	7.29	7.03	6.80	6.60	5.85	5.37
5.25	18.99	10.73	9.99	9.37	8.86	8.42	8.04	7.71	7.42	7.17	6.94	6.74	5.99	5.52
5.50	19.10	10.85	10.11	9.50	8.99	8.55	8.17	7.84	7.56	7.30	7.08	6.88	6.14	5.68
5.75	19.22	10.98	10.24	9.63	9.12	8.68	8.30	7.98	7.69	7.44	7.22	7.02	6.29	5.84
6.00	19.33	11.10	10.37	9.76	9.25	8.81	8.44	8.11	7.83	7.58	7.36	7.16	6.44	6.00
6.25	19.45	11.23	10.49	9.89	9.38	8.95	8.57	8.25	7.97	7.72	7.50	7.31	6.60	6.16
6.50	19.57	11.35	10.62	10.02	9.51	9.08	8.71	8.39	8.11	7.87	7.65	7.46	6.75	6.32
6.75	19.68	11.48	10.75	10.15	9.65	9.22	8.85	8.53	8.25	8.01	7.79	7.60	6.91	6.49
7.00	19.80	11.61	10.88	10.28	9.78	9.35	8.99	8.67	8.40	8.16	7.94	7.75	7.07	6.65
7.25	19.92	11.74	11.02	10.42	9.92	9.49	9.13	8.81	8.54	8.30	8.09	7.90	7.23	6.82
7.50	20.04	11.87	11.15	10.55	10.05	9.63	9.27	8.96	8.69	8.45	8.24	8.06	7.39	6.99
7.75	20.16	12.00	11.28	10.69	10.19	9.77	9.41	9.10	8.83	8.60	8.39	8.21	7.55	7.16
8.00	20.28	12.13	11.42	10.82	10.33	9.91	9.56	9.25	8.98	8.75	8.55	8.36	7.72	7.34
8.25	20.40	12.27	11.55	10.96	10.47	10.06	9.70	9.40	9.13	8.90	8.70	8.52	7.88	7.51
8.50	20.52	12.40	11.69	11.10	10.61	10.20	9.85	9.54	9.28	9.05	8.85	8.68	8.05	7.69
8.75	20.64	12.53	11.82	11.24	10.75	10.34	9.99	9.69	9.43	9.21	9.01	8.84	8.22	7.87
9.00	20.76	12.67	11.96	11.38	10.90	10.49	10.14	9.85	9.59	9.36	9.17	9.00	8.39	8.05
9.25	20.88	12.80	12..10	11.52	11.04	10.64	10.29	10.00	9.74	9.52	9.33	9.16	8.56	8.23
9.50	21.00	12.94	12.24	11.66	11.19	10.78	10.44	10.15	9.90	9.68	9.49	9.32	8.74	8.41
9.75	21.12	13.08	12.38	11.81	11.33	10.93	10.59	10.30	10.05	9.84	9.65	9.49	8.91	8.59
10.00	21.25	13.22	12.52	11.95	11.48	11.08	10.75	10.46	10.21	10.00	9.81	9.65	9.09	8.78
10.25	21.37	13.35	12.66	12.10	11.63	11.23	10.90	10.62	10.37	10.16	9.98	9.82	9.26	8.96
10.50	21.49	13.49	12.80	12.24	11.78	11.38	11.05	10.77	10.53	10.32	10.14	9.98	9.44	9.15
10.75	21.62	13.63	12.95	12.39	11.92	11.54	11.21	10.93	10.69	10.49	10.31	10.15	9.62	9.33
11.00	21.74	13.78	13.09	12.54	12.08	11.69	11.37	11.09	10.85	10.85	10.47	10.32	9.80	9.52
11.25	21.87	13.92	13.24	12.68	12.23	11.85	11.52	11.25	11.02	10.82	10.64	10.49	9.98	9.71
11.50	21.99	14.06	13.38	12.83	12.38	12.00	11.68	11.41	11.18	10.98	10.81	10.66	10.16	9.90
11.75	22.12	14.20	13.53	12.98	12.53	12.16	11.84	11.57	11.35	11.15	10.98	10.84	10.35	10.09
12.00	22.24	14.35	13.68	13.13	12.69	12.31	12.00	11.74	11.51	11.32	11.15	11.01	10.53	10.29