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   SECTION 1: MONTHLY PRINCIPAL AND INTEREST PAYMENT

    
Monthly Payments in this case are the Total Principal & Interest Payments for each interest rate for several different loan maturities (per $1,000 Principal Amount).
    
How to Use this Table:
To calculate the monthly payment for a $250,000 principal amount mortgage loan with a 5% interest rate and a 30 year term, go down the Interest Rate column to 5% and then move across to the 30 year column where you will find $5.37 Next, divide the Principal Amount of $250,000 by $1,000 ( since this table is for $1,000 amounts ) which equals 250. Then multiply the $5.37 by 250 to get $1,342.50, which is the monthly P& I payment for this loan.
     

Interest Rate 

  Monthly Payment per $1,000 

5 Yr Term

7 Yr Term

 10 Yr Term 15 Yr Term

30 Yr. Term

40 Yr. Term

1%

$17.09

$12.33

$8.76

$5.98

$3.22

$2.53

1.5%

$17.31

$12.55

$8.98

$6.21

$3.45

$2.77

2%

$17.53

$12.77

$9.20

$6.44

$3.70

 $3.03

2.5%

$17.75

$12.99

$9.43

$6.67

$3.95

$3.30

3%

$17.97

$13.21

$9.66

$6.91

$4.22

$3.58

3.5%

$18.19

$13.44

$9.89

$7.15

$4.49

$3.87

4%

$18.42

$13.67

$10.12

$7.40

$4.77

$4.18

4.5%

$18.64

$13.90

$10.36

$7.65

$5.07

$4.50

5%

$18.87

$14.13

$10.61

$7.91

$5.37

$4.83

5.5%

$19.10

$14.37

$10.86

$8.18

$5.68

$5.16

6% 

$19.33

$14.61

$11.11

$8.44

$6.00

$5.51

6.5%

$19.57

$14.85

$11.36

$8.72

$6.33

$5,86

7%

$19.80 

$15.09

$11.62

$8.99

$6.66

$6.22

7.5%

$20.04

$15.34

$11.88

$9.28

$7.00

$6.59

8%

$20.28

$15.59

$12.14

$9.56

$7.34

$6.96

8.5%

$20.52

$15.84

$12.40

$9.85

$7.69

$7.34

9%

$20.76

$16.09

$12.67

$10.15

$8.05

$7.72

9.5%

$21.00

$16.34

$12.94

$10.45

$8.41

$8.11

10%

$21.25

$16.60

$13.22

$10.75

$8.78

$8.50

10.5%

$21.49

$16.86

$13.50

$11.06

$9.15

 $8.89

11%

$21.74

$17.12

$13.78

$11.37

$9.53

$9.29

11.5%

$21.99

$17.39

$14.06

$11.69

$9.91

$9.69

12%

$22.24

$17.65

$14.35

$12.01

$10.29

$10.09

12.5%

$22.50

$17.92

$14.64

$12.33

$10.68

$10.49
      
     
      Click Here to Proceed to Section 2


For complete details and current interest rates e-mail :
InterestRates@Mortgage2USA.com 
or use our "Visitor Info Request Form".     
  

 
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