Equals Monthly Payments
to Amortize a Loan for $1,000

Loan amount divided by $1,000 x Factor = Monthly Principle & Interest Payment

 

Rate Interest Only 10 Year 15 Year 20 Year 25 Year 30 Year 40 Year
1 0.08333 8.7604 5.985 4.5989 3.7687 3.2164 2.5286
1.125 0.09375 8.8148 6.0401 4.6549 3.8256 3.2741 2.5881
1.25 0.10417 8.8694 6.0955 4.7113 3.883 3.3325 2.6485
1.375 0.11458 8.9241 6.1513 4.7682 3.9409 3.3915 2.7097
1.5 0.125 8.9792 6.2074 4.8255 3.9994 3.4512 2.7717
1.625 0.13542 9.0344 6.2639 4.8832 4.0584 3.5115 2.8346
1.75 0.14583 9.0898 6.3206 4.9413 4.1179 3.5724 2.8983
1.875 0.15625 9.1455 6.3777 4.9999 4.178 3.634 2.9629
2 0.16667 9.2014 6.4351 5.0588 4.2385 3.6962 3.0283
2.125 0.17708 9.2574 6.4928 5.1183 4.2997 3.759 3.0944
2.25 0.1875 9.3137 6.5509 5.1781 4.3613 3.8225 3.1614
2.375 0.19792 9.3703 6.6092 5.2383 4.4235 3.8865 3.2292
2.5 0.20833 9.427 6.6679 5.299 4.4862 3.9512 3.2978
2.625 0.21875 9.4839 6.7269 5.3601 4.5494 4.0165 3.3671
2.75 0.22917 9.5411 6.7862 5.4217 4.6131 4.0824 3.4373
2.875 0.23958 9.5985 6.8459 5.4836 4.6774 4.1489 3.5082
3 0.25 9.6561 6.9058 5.546 4.7421 4.216 3.5798
3.125 0.26042 9.7139 6.9661 5.6088 4.8074 4.2838 3.6523
3.25 0.27083 9.7719 7.0267 5.672 4.8732 4.3521 3.7254
3.375 0.28125 9.8301 7.0876 5.7356 4.9395 4.421 3.7993
3.5 0.29167 9.8886 7.1488 5.7996 5.0062 4.4905 3.8739
3.625 0.30208 9.9473 7.2104 5.864 5.0735 4.5605 3.9492
3.75 0.3125 10.006 7.2722 5.9289 5.1413 4.6312 4.0253
3.875 0.32292 10.065 7.3344 5.9941 5.2096 4.7024 4.102
4 0.33333 10.125 7.3969 6.0598 5.2784 4.7742 4.1794
4.125 0.34375 10.184 7.4597 6.1259 5.3476 4.8465 4.2575
4.25 0.35417 10.244 7.5228 6.1923 5.4174 4.9194 4.3362
4.375 0.36458 10.304 7.5862 6.2592 5.4876 4.9929 4.4156
4.5 0.375 10.364 7.6499 6.3265 5.5583 5.0669 4.4956
4.625 0.38542 10.424 7.714 6.3942 5.6295 5.1414 4.5763
4.75 0.39583 10.485 7.7783 6.4622 5.7012 5.2165 4.6576
4.875 0.40625 10.546 7.843 6.5307 5.7733 5.2921 4.7395
5 0.41667 10.607 7.9079 6.5996 5.8459 5.3682 4.822
5.125 0.42708 10.668 7.9732 6.6688 5.919 5.4449 4.9051
5.25 0.4375 10.729 8.0388 6.7384 5.9925 5.522 4.9887
5.375 0.44792 10.791 8.1047 6.8085 6.0665 5.5997 5.0729
5.5 0.45833 10.853 8.1708 6.8789 6.1409 5.6779 5.1577
5.625 0.46875 10.915 8.2373 6.9497 6.2158 5.7566 5.243
5.75 0.47917 10.977 8.3041 7.0208 6.2911 5.8357 5.3289
5.875 0.48958 11.039 8.3712 7.0924 6.3668 5.9154 5.4153
6 0.5 11.102 8.4386 7.1643 6.443 5.9955 5.5021
6.125 0.51042 11.165 8.5063 7.2366 6.5196 6.0761 5.5895
6.25 0.52083 11.228 8.5742 7.3093 6.5967 6.1572 5.6774
6.375 0.53125 11.291 8.6425 7.3823 6.6742 6.2387 5.7658
6.5 0.54167 11.355 8.7111 7.4557 6.7521 6.3207 5.8546
6.625 0.55208 11.419 8.7799 7.5295 6.8304 6.4031 5.9439
6.75 0.5625 11.482 8.8491 7.6036 6.9091 6.486 6.0336
6.875 0.57292 11.547 8.9185 7.6781 6.9883 6.5693 6.1237
7 0.58333 11.611 8.9883 7.753 7.0678 6.653 6.2143
7.125 0.59375 11.675 9.0583 7.8282 7.1477 6.7372 6.3053
7.25 0.60417 11.74 9.1286 7.9038 7.2281 6.8218 6.3967
7.375 0.61458 11.805 9.1992 7.9797 7.3088 6.9068 6.4885
7.5 0.0625 11.87 9.271 8.0559 7.3899 6.9922 6.5807
7.625 0.63542 11.936 9.3413 8.1325 7.4714 7.0779 6.6733
7.75 0.64583 12.001 9.4128 8.2095 7.5533 7.1641 6.7662
7.875 0.65625 12.067 9.4845 8.2868 7.6355 7.2507 6.8595
8 0.66667 12.133 9.5565 8.3644 7.7182 7.3377 6.9531
8.125 0.67708 12.199 9.6288 8.4424 7.8012 7.425 7.0471
8.25 0.6875 12.265 9.7014 8.5207 7.8845 7.5127 7.1414
8.375 0.69792 12.332 9.7743 8.5993 7.9682 7.6007 7.236
8.5 0.70833 12.399 9.8474 8.6782 8.0523 7.6891 7.3309
8.625 0.71875 12.466 9.9208 8.7575 8.1367 7.7779 7.4262
8.75 0.72917 12.533 9.9945 8.8371 8.2214 7.867 7.5217
8.875 0.73958 12.6 10.068 8.917 8.3065 7.9565 7.6175
9 0.75 12.668 10.143 8.9973 8.392 8.0462 7.7136
9.125 0.76042 12.735 10.217 9.0778 8.4777 8.1363 7.81
9.25 0.77083 12.803 10.292 9.1587 8.5638 8.2268 7.9066
9.375 0.78125 12.871 10.367 9.2398 8.6502 8.3175 8.0035
9.5 0.79167 12.94 10.442 9.3213 8.737 8.4085 8.1006
9.625 0.80208 13.008 10.518 9.4031 8.824 8.4999 8.198
9.75 0.8125 13.077 10.594 9.4852 8.9114 8.5915 8.2956
9.875 0.82292 13.146 10.67 9.5675 8.999 8.6835 8.3934
10 0.83333 13.215 10.746 9.6502 9.087 8.7757 8.4915