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Find the payment factor at the intersection
of the interest rate and length of years for the loan. Multiply
the payment factor by the loan amount and divide by 1000.
The result is the monthly principal and interest payment for
the loan.
|
Rate
|
Interest
Only
|
10
Year
|
15
Year
|
20
Year
|
25
Year
|
30
Year
|
40
Year
|
|
1.000
|
0.08333
|
8.76041
|
5.98495
|
4.59894
|
3.76872
|
3.21640
|
2.52856
|
|
1.125
|
0.09375
|
8.81477
|
6.04008
|
4.65492
|
3.82558
|
3.27413
|
2.58808
|
|
1.250
|
0.10417
|
8.86935
|
6.09554
|
4.71134
|
3.88297
|
3.33252
|
2.64845
|
|
1.375
|
0.11458
|
8.92414
|
6.15132
|
4.76818
|
3.94090
|
3.39154
|
2.70967
|
|
1.500
|
0.12500
|
8.97915
|
6.20743
|
4.82545
|
3.99936
|
3.45120
|
2.77172
|
|
1.625
|
0.13542
|
9.03437
|
6.26386
|
4.88316
|
4.05836
|
3.51150
|
2.83462
|
|
1.750
|
0.14583
|
9.08982
|
6.32061
|
4.94129
|
4.11789
|
3.57243
|
2.89834
|
|
1.875
|
0.15625
|
9.14547
|
6.37769
|
4.99985
|
4.17795
|
3.63400
|
2.96289
|
|
2.000
|
0.16667
|
9.20135
|
6.43509
|
5.05883
|
4.23854
|
3.69619
|
3.02826
|
|
2.125
|
0.17708
|
9.25743
|
6.49281
|
5.11825
|
4.29966
|
3.75902
|
3.09444
|
|
2.250
|
0.18750
|
9.31374
|
6.55085
|
5.17808
|
4.36131
|
3.82246
|
3.16142
|
|
2.375
|
0.19792
|
9.37026
|
6.60921
|
5.23834
|
4.42348
|
3.88653
|
3.22921
|
|
2.500
|
0.20833
|
9.42699
|
6.66789
|
5.29903
|
4.48617
|
3.95121
|
3.29778
|
|
2.625
|
0.21875
|
9.48394
|
6.72689
|
5.36014
|
4.54938
|
4.01651
|
3.36714
|
|
2.750
|
0.22917
|
9.54110
|
6.78622
|
5.42166
|
4.61311
|
4.08241
|
3.43728
|
|
2.875
|
0.23958
|
9.59848
|
6.84586
|
5.48361
|
4.67735
|
4.14892
|
3.50818
|
|
3.000
|
0.25000
|
9.65607
|
6.90582
|
5.54598
|
4.74211
|
4.21604
|
3.57984
|
|
3.125
|
0.26042
|
9.71388
|
6.96609
|
5.60876
|
4.80738
|
4.28375
|
3.65226
|
|
3.250
|
0.27083
|
9.77190
|
7.02669
|
5.67196
|
4.87316
|
4.35206
|
3.72541
|
|
3.375
|
0.28125
|
9.83014
|
7.08760
|
5.73557
|
4.93945
|
4.42096
|
3.79930
|
|
3.500
|
0.29167
|
9.88859
|
7.14883
|
5.79960
|
5.00624
|
4.49045
|
3.87391
|
|
3.625
|
0.30208
|
9.94725
|
7.21037
|
5.86404
|
5.07352
|
4.56051
|
3.94923
|
|
3.750
|
0.31250
|
10.00612
|
7.27222
|
5.92888
|
5.14131
|
4.63116
|
4.02526
|
|
3.875
|
0.32292
|
10.06521
|
7.33440
|
5.99414
|
5.20959
|
4.70237
|
4.10198
|
|
4.000
|
0.33333
|
10.12451
|
7.39688
|
6.05980
|
5.27837
|
4.77415
|
4.17938
|
|
4.125
|
0.34375
|
10.18403
|
7.45968
|
6.12587
|
5.34763
|
4.84650
|
4.25746
|
|
4.250
|
0.35417
|
10.24375
|
7.52278
|
6.19234
|
5.41738
|
4.91940
|
4.33620
|
|
4.375
|
0.36458
|
10.30369
|
7.58620
|
6.25922
|
5.48761
|
4.99285
|
4.41559
|
|
4.500
|
0.37500
|
10.36384
|
7.64993
|
6.32649
|
5.55832
|
5.06685
|
4.49563
|
|
4.625
|
0.38542
|
10.42420
|
7.71397
|
6.39417
|
5.62951
|
5.14140
|
4.57629
|
|
4.750
|
0.39583
|
10.48477
|
7.77832
|
6.46224
|
5.70117
|
5.21647
|
4.65758
|
|
4.875
|
0.40625
|
10.54556
|
7.84297
|
6.53070
|
5.77330
|
5.29208
|
4.73947
|
|
5.000
|
0.41667
|
10.60655
|
7.90794
|
6.59956
|
5.84590
|
5.36822
|
4.82197
|
|
5.125
|
0.42708
|
10.66776
|
7.97320
|
6.66881
|
5.91896
|
5.44487
|
4.90505
|
|
5.250
|
0.43750
|
10.72917
|
8.03878
|
6.73844
|
5.99248
|
5.52204
|
4.98870
|
|
5.375
|
0.44792
|
10.79079
|
8.10465
|
6.80847
|
6.06645
|
5.59971
|
5.07293
|
|
5.500
|
0.45833
|
10.85263
|
8.17083
|
6.87887
|
6.14087
|
5.67789
|
5.15770
|
|
5.625
|
0.46875
|
10.91467
|
8.23732
|
6.94966
|
6.21575
|
5.75656
|
5.24302
|
|
5.750
|
0.47917
|
10.97692
|
8.30410
|
7.02084
|
6.29106
|
5.83573
|
5.32888
|
|
5.875
|
0.48958
|
11.03938
|
8.37118
|
7.09238
|
6.36682
|
5.91538
|
5.41525
|
|
6.000
|
0.50000
|
11.10205
|
8.43857
|
7.16431
|
6.44301
|
5.99551
|
5.50214
|
|
6.125
|
0.51042
|
11.16493
|
8.50625
|
7.23661
|
6.51964
|
6.07611
|
5.58952
|
|
6.250
|
0.52083
|
11.22801
|
8.57423
|
7.30928
|
6.59669
|
6.15717
|
5.67740
|
|
6.375
|
0.53125
|
11.29130
|
8.64250
|
7.38232
|
6.67417
|
6.23870
|
5.76575
|
|
6.500
|
0.54167
|
11.35480
|
8.71107
|
7.45573
|
6.75207
|
6.32068
|
5.85457
|
|
6.625
|
0.55208
|
11.41850
|
8.77994
|
7.52950
|
6.83039
|
6.40311
|
5.94385
|
|
6.750
|
0.56250
|
11.48241
|
8.84909
|
7.60364
|
6.90912
|
6.48598
|
6.03357
|
|
6.875
|
0.57292
|
11.54653
|
8.91854
|
7.67814
|
6.98825
|
6.56929
|
6.12373
|
|
7.000
|
0.58333
|
11.61085
|
8.98828
|
7.75299
|
7.06779
|
6.65302
|
6.21431
|
|
7.125
|
0.59375
|
11.67537
|
9.05831
|
7.82820
|
7.14773
|
6.73719
|
6.30531
|
|
7.250
|
0.60417
|
11.74010
|
9.12863
|
7.90376
|
7.22807
|
6.82176
|
6.39672
|
|
7.375
|
0.61458
|
11.80504
|
9.19923
|
7.97967
|
7.30880
|
6.90675
|
6.48852
|
|
0.750
|
0.06250
|
8.65234
|
5.87565
|
4.48828
|
3.65663
|
3.10285
|
2.41208
|
|
7.625
|
0.63542
|
11.93552
|
9.34130
|
8.13254
|
7.47141
|
7.07794
|
6.67327
|
|
7.750
|
0.64583
|
12.00106
|
9.41276
|
8.20949
|
7.55329
|
7.16412
|
6.76620
|
|
7.875
|
0.65625
|
12.06681
|
9.48450
|
8.28677
|
7.63554
|
7.25069
|
6.85948
|
|
8.000
|
0.66667
|
12.13276
|
9.55652
|
8.36440
|
7.71816
|
7.33765
|
6.95312
|
|
8.125
|
0.67708
|
12.19891
|
9.62882
|
8.44236
|
7.80115
|
7.42497
|
7.04709
|
|
8.250
|
0.68750
|
12.26526
|
9.70140
|
8.52066
|
7.88450
|
7.51267
|
7.14139
|
|
8.375
|
0.69792
|
12.33182
|
9.77426
|
8.59928
|
7.96821
|
7.60072
|
7.23601
|
|
8.500
|
0.70833
|
| | | |