12k Amortization Schedule

Create an amortization schedule for a 12,000 mortgage.

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Create an amortization schedule for a $12,000 mortgage.

Enter your home loan details and click Calculate. The payment details and amortization schedule will be shown. Click the download link to access a printable PDF amortization schedule.

How to use
Enter your loan details above to create an amortization table. It will show a breakdown of mortgage payments and loan balance over time. Click the "Download Amortization Schedule" option to see an easy to print version.
What's the monthly payment on a $12,000 mortgage?
The payment is based on the loan term, loan amount, and APR. For example, here's a few different monthly payments for a 12,000 mortgage over 30 years.
Rate Payment
12k at 2% for 30 Years 44.35
12k at 3% for 30 Years 50.59
12k at 4% for 30 Years 57.29
12k at 5% for 30 Years 64.42
12k at 6% for 30 Years 71.95
How does the loan length affect the payment on a 12k mortgage?
While the 30 year mortgage is the most common, other people opt for a 15 year mortgage or an ARM. See below to see how the payment changes for a 12k loan amount based on the APR and loan length.
Rate 30 Years 15 Years 10 Years 5 Years
12k at 2% 44.35 77.22 110.42 210.33
12k at 3% 50.59 82.87 115.87 215.62
12k at 4% 57.29 88.76 121.49 221.00
12k at 5% 64.42 94.90 127.28 226.45
12k at 6% 71.95 101.26 133.22 231.99
What is an amortization schedule?
An amortization schedule shows the breakdown of a loan over time. It shows how much of each payment is paid as interest and how much goes towards the balance.

For example, let's say that you have a 30 year loan for 12,000 with a 6% APR. The monthly payment of this loan is 71.95. This stays constant throughout the term of this fixed rate 30 year loan.

We then need to calculate the monthly rate, so 6% divided by 12 equals .5% per month in interest. Take a look at the chart below to see how the first few payments of the loan are calculated.
Starting Balance Payment Towards Interest Towards Balance Remaining Balance
12,000.00 71.95 60.00 11.95 11,988.05
11,988.05 71.95 59.94 12.01 11,976.05
11,976.05 71.95 59.88 12.07 11,963.98
11,963.98 71.95 59.82 12.13 11,951.86
11,951.86 71.95 59.76 12.19 11,939.67
This continues until the loan is paid off. For interest rates higher than 0%, more of the payment goes towards the balance every month.
Monthly Mortgage Payment Table By Rate For a $12,000 Loan for 30 Years
Rate Payment
12k at 3% for 30 Years 50.59
12k at 3.05% for 30 Years 50.92
12k at 3.1% for 30 Years 51.24
12k at 3.15% for 30 Years 51.57
12k at 3.2% for 30 Years 51.90
12k at 3.25% for 30 Years 52.22
12k at 3.3% for 30 Years 52.55
12k at 3.35% for 30 Years 52.89
12k at 3.4% for 30 Years 53.22
12k at 3.45% for 30 Years 53.55
12k at 3.5% for 30 Years 53.89
12k at 3.55% for 30 Years 54.22
12k at 3.6% for 30 Years 54.56
12k at 3.65% for 30 Years 54.90
12k at 3.7% for 30 Years 55.23
12k at 3.75% for 30 Years 55.57
12k at 3.8% for 30 Years 55.91
12k at 3.85% for 30 Years 56.26
12k at 3.9% for 30 Years 56.60
12k at 3.95% for 30 Years 56.94
12k at 4% for 30 Years 57.29
12k at 4.05% for 30 Years 57.64
12k at 4.1% for 30 Years 57.98
12k at 4.15% for 30 Years 58.33
12k at 4.2% for 30 Years 58.68
12k at 4.25% for 30 Years 59.03
12k at 4.3% for 30 Years 59.38
12k at 4.35% for 30 Years 59.74
12k at 4.4% for 30 Years 60.09
12k at 4.45% for 30 Years 60.45
12k at 4.5% for 30 Years 60.80
12k at 4.55% for 30 Years 61.16
12k at 4.6% for 30 Years 61.52
12k at 4.65% for 30 Years 61.88
12k at 4.7% for 30 Years 62.24
12k at 4.75% for 30 Years 62.60
12k at 4.8% for 30 Years 62.96
12k at 4.85% for 30 Years 63.32
12k at 4.9% for 30 Years 63.69
12k at 4.95% for 30 Years 64.05
12k at 5% for 30 Years 64.42
12k at 5.05% for 30 Years 64.79
12k at 5.1% for 30 Years 65.15
12k at 5.15% for 30 Years 65.52
12k at 5.2% for 30 Years 65.89
12k at 5.25% for 30 Years 66.26
12k at 5.3% for 30 Years 66.64
12k at 5.35% for 30 Years 67.01
12k at 5.4% for 30 Years 67.38
12k at 5.45% for 30 Years 67.76
12k at 5.5% for 30 Years 68.13
Rate Payment
12k at 5.55% for 30 Years 68.51
12k at 5.6% for 30 Years 68.89
12k at 5.65% for 30 Years 69.27
12k at 5.7% for 30 Years 69.65
12k at 5.75% for 30 Years 70.03
12k at 5.8% for 30 Years 70.41
12k at 5.85% for 30 Years 70.79
12k at 5.9% for 30 Years 71.18
12k at 5.95% for 30 Years 71.56
12k at 6% for 30 Years 71.95
12k at 6.05% for 30 Years 72.33
12k at 6.1% for 30 Years 72.72
12k at 6.15% for 30 Years 73.11
12k at 6.2% for 30 Years 73.50
12k at 6.25% for 30 Years 73.89
12k at 6.3% for 30 Years 74.28
12k at 6.35% for 30 Years 74.67
12k at 6.4% for 30 Years 75.06
12k at 6.45% for 30 Years 75.45
12k at 6.5% for 30 Years 75.85
12k at 6.55% for 30 Years 76.24
12k at 6.6% for 30 Years 76.64
12k at 6.65% for 30 Years 77.04
12k at 6.7% for 30 Years 77.43
12k at 6.75% for 30 Years 77.83
12k at 6.8% for 30 Years 78.23
12k at 6.85% for 30 Years 78.63
12k at 6.9% for 30 Years 79.03
12k at 6.95% for 30 Years 79.43
12k at 7% for 30 Years 79.84
12k at 7.05% for 30 Years 80.24
12k at 7.1% for 30 Years 80.64
12k at 7.15% for 30 Years 81.05
12k at 7.2% for 30 Years 81.45
12k at 7.25% for 30 Years 81.86
12k at 7.3% for 30 Years 82.27
12k at 7.35% for 30 Years 82.68
12k at 7.4% for 30 Years 83.09
12k at 7.45% for 30 Years 83.50
12k at 7.5% for 30 Years 83.91
12k at 7.55% for 30 Years 84.32
12k at 7.6% for 30 Years 84.73
12k at 7.65% for 30 Years 85.14
12k at 7.7% for 30 Years 85.56
12k at 7.75% for 30 Years 85.97
12k at 7.8% for 30 Years 86.38
12k at 7.85% for 30 Years 86.80
12k at 7.9% for 30 Years 87.22
12k at 7.95% for 30 Years 87.63
12k at 8% for 30 Years 88.05
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