Amortization Factor Rate Tables

Easily compute for your monthly amortization payments with the amortization factor rates in the tables below. We have amortization factors for mortgage/home loan interest rates ranging from 1% to 20% per year, with payment terms ranging from 1 to 30 years to pay.

To calculate the monthly amortization, just multiply the loan amount with the amortization factor for the corresponding interest rate and term (in years) in the applicable table below. The resulting monthly amortization is a combination of principal and interest.

Quicklinks to amortization factor rates

amortization factor rates for housing loan payments

Compute for your monthly amortization payments with these factor rates

1.00% to 2.75%

Term (years)	1.00%	1.25%	1.50%	1.75%	2.00%	2.25%	2.50%	2.75%
1	0.0837854116	0.0838986464	0.0840119673	0.0841253743	0.0842388673	0.0843524462	0.0844661112	0.0845798620
2	0.0421020803	0.0422113666	0.0423208259	0.0424304582	0.0425402634	0.0426502414	0.0427603922	0.0428707158
3	0.0282080993	0.0283163296	0.0284248197	0.0285335694	0.0286425787	0.0287518475	0.0288613757	0.0289711631
4	0.0212614559	0.0213693533	0.0214775972	0.0215861873	0.0216951236	0.0218044059	0.0219140340	0.0220240078
5	0.0170937474	0.0172016012	0.0173098881	0.0174186077	0.0175277601	0.0176373448	0.0177473616	0.0178578103
6	0.0143155065	0.0144234612	0.0145319355	0.0146409292	0.0147504419	0.0148604733	0.0149710230	0.0150820906
7	0.0123312469	0.0124393851	0.0125481295	0.0126574796	0.0127674350	0.0128779953	0.0129891600	0.0131009284
8	0.0108432257	0.0109515990	0.0110606649	0.0111704229	0.0112808724	0.0113920128	0.0115038433	0.0116163633
9	0.0096860300	0.0097946728	0.0099040945	0.0100142946	0.0101252722	0.0102370266	0.0103495567	0.0104628616
10	0.0087604121	0.0088693484	0.0089791500	0.0090898160	0.0092013454	0.0093137372	0.0094269902	0.0095411031
11	0.0080032145	0.0081124617	0.0082226604	0.0083338095	0.0084459079	0.0085589540	0.0086729464	0.0087878835
12	0.0073723321	0.0074819032	0.0075925120	0.0077041571	0.0078168369	0.0079305498	0.0080452938	0.0081610670
13	0.0068386151	0.0069485202	0.0070595490	0.0071716997	0.0072849707	0.0073993596	0.0075148643	0.0076314820
14	0.0063812424	0.0064914893	0.0066029457	0.0067156098	0.0068294792	0.0069445513	0.0070608232	0.0071782919
15	0.0059849451	0.0060955400	0.0062074302	0.0063206135	0.0064350870	0.0065508477	0.0066678921	0.0067862164
16	0.0056382716	0.0057492194	0.0058615483	0.0059752555	0.0060903377	0.0062067912	0.0063246118	0.0064437950
17	0.0053324646	0.0054437695	0.0055565411	0.0056707760	0.0057864704	0.0059036198	0.0060222194	0.0061422638
18	0.0050607131	0.0051723785	0.0052855959	0.0054003616	0.0055166709	0.0056345187	0.0057538993	0.0058748063
19	0.0048176398	0.0049296685	0.0050433345	0.0051586334	0.0052755598	0.0053941078	0.0055142707	0.0056360412
20	0.0045989431	0.0047113373	0.0048254541	0.0049412881	0.0050588334	0.0051780829	0.0052990289	0.0054216631
21	0.0044011404	0.0045139023	0.0046284716	0.0047448424	0.0048630077	0.0049829595	0.0051046891	0.0052281867
22	0.0042213826	0.0043345137	0.0044495371	0.0045664460	0.0046852323	0.0048058870	0.0049284001	0.0050527604
23	0.0040573160	0.0041708178	0.0042862965	0.0044037444	0.0045231523	0.0046445101	0.0047678064	0.0048930284
24	0.0039069792	0.0040208529	0.0041367879	0.0042547755	0.0043748055	0.0044968663	0.0046209451	0.0047470275
25	0.0037687245	0.0038829711	0.0039993633	0.0041178912	0.0042385434	0.0043613070	0.0044861673	0.0046131086
26	0.0036411579	0.0037557782	0.0038726282	0.0039916968	0.0041129712	0.0042364370	0.0043620779	0.0044898761
27	0.0035230917	0.0036380866	0.0037553949	0.0038750044	0.0039969009	0.0041210682	0.0042474883	0.0043761413
28	0.0034135081	0.0035288780	0.0036466450	0.0037667956	0.0038893138	0.0040141818	0.0041413796	0.0042708851
29	0.0033115294	0.0034272750	0.0035455010	0.0036661925	0.0037893321	0.0039148998	0.0040428736	0.0041732291
30	0.0032163952	0.0033325168	0.0034512021	0.0035724345	0.0036961947	0.0038224610	0.0039512090	0.0040824118

3.00% to 4.75%

Term (years)	3.00%	3.25%	3.50%	3.75%	4.00%	4.25%	4.50%	4.75%
1	0.0846936988	0.0848076214	0.0849216298	0.0850357241	0.0851499042	0.0852641700	0.0853785216	0.0854929589
2	0.0429812120	0.0430918808	0.0432027221	0.0433137360	0.0434249222	0.0435362807	0.0436478116	0.0437595146
3	0.0290812096	0.0291915152	0.0293020797	0.0294129030	0.0295239850	0.0296353255	0.0297469245	0.0298587817
4	0.0221343270	0.0222449915	0.0223560011	0.0224673555	0.0225790546	0.0226910982	0.0228034861	0.0229162179
5	0.0179686907	0.0180800023	0.0181917450	0.0183039183	0.0184165221	0.0185295558	0.0186430192	0.0187569120
6	0.0151936758	0.0153057781	0.0154183971	0.0155315322	0.0156451831	0.0157593491	0.0158740297	0.0159892245
7	0.0132133001	0.0133262744	0.0134398506	0.0135540282	0.0136688063	0.0137841843	0.0139001613	0.0140167365
8	0.0117295719	0.0118434684	0.0119580517	0.0120733210	0.0121892753	0.0123059135	0.0124232344	0.0125412370
9	0.0105769404	0.0106917917	0.0108074144	0.0109238073	0.0110409689	0.0111588978	0.0112775926	0.0113970516
10	0.0096560745	0.0097719029	0.0098885867	0.0100061243	0.0101245138	0.0102437533	0.0103638409	0.0104847743
11	0.0089037635	0.0090205845	0.0091383444	0.0092570409	0.0093766719	0.0094972347	0.0096187269	0.0097411457
12	0.0082778669	0.0083956912	0.0085145374	0.0086344025	0.0087552837	0.0088771778	0.0090000816	0.0091239916
13	0.0077492100	0.0078680454	0.0079879847	0.0081090247	0.0082311616	0.0083543914	0.0084787102	0.0086041136
14	0.0072969539	0.0074168055	0.0075378427	0.0076600612	0.0077834566	0.0079080241	0.0080337585	0.0081606547
15	0.0069058164	0.0070266877	0.0071488254	0.0072722244	0.0073968793	0.0075227841	0.0076499329	0.0077783192
16	0.0065643358	0.0066862288	0.0068094684	0.0069340483	0.0070599619	0.0071872024	0.0073157624	0.0074456343
17	0.0062637470	0.0063866629	0.0065110044	0.0066367643	0.0067639349	0.0068925079	0.0070224746	0.0071538261
18	0.0059972329	0.0061211716	0.0062466143	0.0063735524	0.0065019770	0.0066318782	0.0067632461	0.0068960699
19	0.0057594112	0.0058843720	0.0060109142	0.0061390280	0.0062687027	0.0063999270	0.0065326893	0.0066669771
20	0.0055459760	0.0056719576	0.0057995972	0.0059288831	0.0060598033	0.0061923447	0.0063264938	0.0064622363
21	0.0053534415	0.0054804421	0.0056091761	0.0057396303	0.0058717906	0.0060056423	0.0061411698	0.0062783569
22	0.0051789557	0.0053069730	0.0054367980	0.0055684158	0.0057018104	0.0058369649	0.0059738617	0.0061124823
23	0.0050201624	0.0051491936	0.0052801058	0.0054128821	0.0055475044	0.0056839537	0.0058222101	0.0059622527
24	0.0048750980	0.0050051399	0.0051371351	0.0052710644	0.0054069075	0.0055446430	0.0056842485	0.0058257007
25	0.0047421131	0.0048731623	0.0050062357	0.0051413120	0.0052783684	0.0054173810	0.0055583248	0.0057011736
26	0.0046198119	0.0047518645	0.0048860112	0.0050222282	0.0051604900	0.0053007701	0.0054430407	0.0055872727
27	0.0045070054	0.0046400573	0.0047752720	0.0049126229	0.0050520818	0.0051936194	0.0053372049	0.0054828061
28	0.0044026742	0.0045367212	0.0046729982	0.0048114759	0.0049521234	0.0050949080	0.0052397960	0.0053867519
29	0.0043059398	0.0044409771	0.0045783105	0.0047179077	0.0048597347	0.0050037555	0.0051499332	0.0052982290
30	0.0042160403	0.0043520632	0.0044904469	0.0046311559	0.0047741530	0.0049193989	0.0050668531	0.0052164734

5.00% to 6.75%

Term (years)	5.00%	5.25%	5.50%	5.75%	6.00%	6.25%	6.50%	6.75%
1	0.0856074818	0.0857220904	0.0858367846	0.0859515644	0.0860664297	0.0861813806	0.0862964170	0.0864115388
2	0.0438713897	0.0439834370	0.0440956562	0.0442080473	0.0443206103	0.0444333450	0.0445462514	0.0446593295
3	0.0299708971	0.0300832705	0.0301959018	0.0303087908	0.0304219375	0.0305353415	0.0306490029	0.0307629214
4	0.0230292936	0.0231427128	0.0232564752	0.0233705807	0.0234850290	0.0235998199	0.0237149529	0.0238304280
5	0.0188712336	0.0189859838	0.0191011622	0.0192167682	0.0193328015	0.0194492617	0.0195661482	0.0196834607
6	0.0161049327	0.0162211537	0.0163378871	0.0164551320	0.0165728879	0.0166911540	0.0168099296	0.0169292140
7	0.0141339091	0.0142516781	0.0143700427	0.0144890018	0.0146085545	0.0147286997	0.0148494365	0.0149707636
8	0.0126599200	0.0127792822	0.0128993222	0.0130200387	0.0131414302	0.0132634954	0.0133862326	0.0135096404
9	0.0115172732	0.0116382556	0.0117599971	0.0118824957	0.0120057496	0.0121297568	0.0122545151	0.0123800224
10	0.0106065515	0.0107291701	0.0108526278	0.0109769220	0.0111020502	0.0112280097	0.0113547977	0.0114824114
11	0.0098644882	0.0099887516	0.0101139326	0.0102400281	0.0103670346	0.0104949488	0.0106237671	0.0107534858
12	0.0092489041	0.0093748155	0.0095017217	0.0096296187	0.0097585021	0.0098883677	0.0100192109	0.0101510269
13	0.0087305970	0.0088581558	0.0089867851	0.0091164798	0.0092472344	0.0093790437	0.0095119019	0.0096458031
14	0.0082887071	0.0084179099	0.0085482571	0.0086797423	0.0088123592	0.0089461010	0.0090809608	0.0092169314
15	0.0079079363	0.0080387772	0.0081708345	0.0083041009	0.0084385683	0.0085742287	0.0087110737	0.0088490946
16	0.0075768100	0.0077092811	0.0078430390	0.0079780747	0.0081143786	0.0082519413	0.0083907527	0.0085308025
17	0.0072865528	0.0074206447	0.0075560917	0.0076928831	0.0078310077	0.0079704543	0.0081112110	0.0082532659
18	0.0070303385	0.0071660404	0.0073031636	0.0074416954	0.0075816232	0.0077229336	0.0078656129	0.0080096470
19	0.0068027775	0.0069400772	0.0070788622	0.0072191181	0.0073608299	0.0075039824	0.0076485597	0.0077945457
20	0.0065995574	0.0067384417	0.0068788731	0.0070208351	0.0071643106	0.0073092820	0.0074557314	0.0076036401
21	0.0064171865	0.0065576411	0.0066997024	0.0068433516	0.0069885692	0.0071353352	0.0072836293	0.0074334304
22	0.0062528075	0.0063948174	0.0065384911	0.0066838075	0.0068307445	0.0069792797	0.0071293899	0.0072810517
23	0.0061040597	0.0062476088	0.0063928766	0.0065398392	0.0066884720	0.0068387498	0.0069906467	0.0071441364
24	0.0059689751	0.0061140467	0.0062608895	0.0064094766	0.0065597807	0.0067117736	0.0068654266	0.0070207106
25	0.0058459004	0.0059924772	0.0061408749	0.0062910640	0.0064430140	0.0065966938	0.0067520716	0.0069091153
26	0.0057334362	0.0058815000	0.0060314323	0.0061832001	0.0063367699	0.0064921076	0.0066491781	0.0068079460
27	0.0056303900	0.0057799223	0.0059313678	0.0060846905	0.0062398535	0.0063968193	0.0065555497	0.0067160061
28	0.0055357395	0.0056867211	0.0058396582	0.0059945113	0.0061512402	0.0063098038	0.0064701608	0.0066322691
29	0.0054486030	0.0056010143	0.0057554207	0.0059117792	0.0060700461	0.0062301769	0.0063921267	0.0065558498
30	0.0053682162	0.0055220370	0.0056778900	0.0058357286	0.0059955053	0.0061571720	0.0063206802	0.0064859810

7.00% to 8.75%

Term (years)	7.00%	7.25%	7.50%	7.75%	8.00%	8.25%	8.50%	8.75%
1	0.0865267461	0.0866420388	0.0867574169	0.0868728803	0.0869884291	0.0871040631	0.0872197825	0.0873355870
2	0.0447725791	0.0448860002	0.0449995927	0.0451133564	0.0452272915	0.0453413976	0.0454556749	0.0455701231
3	0.0308770969	0.0309915292	0.0311062182	0.0312211636	0.0313363655	0.0314518234	0.0315675374	0.0316835072
4	0.0239462447	0.0240624028	0.0241789019	0.0242957419	0.0244129223	0.0245304429	0.0246483034	0.0247665033
5	0.0198011985	0.0199193614	0.0200379486	0.0201569598	0.0202763943	0.0203962517	0.0205165313	0.0206372327
6	0.0170490065	0.0171693062	0.0172901123	0.0174114241	0.0175332406	0.0176555611	0.0177783846	0.0179017103
7	0.0150926800	0.0152151845	0.0153382759	0.0154619529	0.0155862144	0.0157110590	0.0158364854	0.0159624923
8	0.0136337171	0.0137584610	0.0138838706	0.0140099439	0.0141366793	0.0142640748	0.0143921286	0.0145208387
9	0.0125062766	0.0126332753	0.0127610162	0.0128894969	0.0130187149	0.0131486677	0.0132793527	0.0134107673
10	0.0116108479	0.0117401041	0.0118701769	0.0120010631	0.0121327594	0.0122652625	0.0123985689	0.0125326750
11	0.0108841009	0.0110156087	0.0111480051	0.0112812859	0.0114154469	0.0115504837	0.0116863919	0.0118231668
12	0.0102838110	0.0104175581	0.0105522631	0.0106879208	0.0108245258	0.0109620727	0.0111005556	0.0112399690
13	0.0097807414	0.0099167106	0.0100537042	0.0101917159	0.0103307388	0.0104707663	0.0106117912	0.0107538066
14	0.0093540054	0.0094921753	0.0096314334	0.0097717717	0.0099131820	0.0100556560	0.0101991854	0.0103437613
15	0.0089882827	0.0091286288	0.0092701236	0.0094127575	0.0095565208	0.0097014036	0.0098473956	0.0099944865
16	0.0086720802	0.0088145750	0.0089582759	0.0091031715	0.0092492503	0.0093965004	0.0095449100	0.0096944668
17	0.0083966065	0.0085412202	0.0086870939	0.0088342145	0.0089825684	0.0091321419	0.0092829210	0.0094348915
18	0.0081550217	0.0083017221	0.0084497333	0.0085990399	0.0087496262	0.0089014765	0.0090545745	0.0092089040
19	0.0079419238	0.0080906770	0.0082407882	0.0083922398	0.0085450138	0.0086990921	0.0088544563	0.0090110878
20	0.0077529894	0.0079037598	0.0080559319	0.0082094856	0.0083644007	0.0085206565	0.0086782323	0.0088371071
21	0.0075847171	0.0077374678	0.0078916601	0.0080472716	0.0082042796	0.0083626608	0.0085223921	0.0086834497
22	0.0074342410	0.0075889334	0.0077451040	0.0079027277	0.0080617791	0.0082222323	0.0083840616	0.0085472406
23	0.0072991922	0.0074557868	0.0076138926	0.0077734817	0.0079345259	0.0080969967	0.0082608654	0.0084261033
24	0.0071775958	0.0073360521	0.0074960490	0.0076575557	0.0078205412	0.0079849742	0.0081508232	0.0083180568
25	0.0070677920	0.0072280686	0.0073899118	0.0075532876	0.0077181622	0.0078845013	0.0080522708	0.0082214364
26	0.0069683756	0.0071304306	0.0072940744	0.0074592703	0.0076259811	0.0077941700	0.0079637998	0.0081348334
27	0.0068781493	0.0070419400	0.0072073384	0.0073743046	0.0075427986	0.0077127805	0.0078842103	0.0080570480
28	0.0067960861	0.0069615694	0.0071286759	0.0072973626	0.0074675864	0.0076393045	0.0078124739	0.0079870520
29	0.0067213006	0.0068884330	0.0070572008	0.0072275579	0.0073994581	0.0075728556	0.0077477046	0.0079239597
30	0.0066530250	0.0068217628	0.0069921451	0.0071641225	0.0073376457	0.0075126660	0.0076891348	0.0078670041

9.00% to 10.75%

Term (years)	9.00%	9.25%	9.50%	9.75%	10.00%	10.25%	10.50%	10.75%
1	0.0874514768	0.0875674517	0.0876835118	0.0877996570	0.0879158872	0.0880322026	0.0881486029	0.0882650882
2	0.0456847423	0.0457995323	0.0459144930	0.0460296244	0.0461449263	0.0462603988	0.0463760416	0.0464918548
3	0.0317997327	0.0319162136	0.0320329497	0.0321499410	0.0322671872	0.0323846881	0.0325024435	0.0326204532
4	0.0248850424	0.0250039203	0.0251231367	0.0252426912	0.0253625834	0.0254828131	0.0256033798	0.0257242831
5	0.0207583552	0.0208798983	0.0210018613	0.0211242437	0.0212470447	0.0213702638	0.0214939004	0.0216179537
6	0.0180255372	0.0181498643	0.0182746908	0.0184000156	0.0185258378	0.0186521562	0.0187789700	0.0189062779
7	0.0160890783	0.0162162419	0.0163439817	0.0164722962	0.0166011840	0.0167306435	0.0168606731	0.0169912713
8	0.0146502033	0.0147802202	0.0149108873	0.0150422027	0.0151741641	0.0153067693	0.0154400162	0.0155739024
9	0.0135429087	0.0136757741	0.0138093608	0.0139436658	0.0140786862	0.0142144190	0.0143508612	0.0144880096
10	0.0126675774	0.0128032722	0.0129397558	0.0130770242	0.0132150737	0.0133539002	0.0134934997	0.0136338680
11	0.0119608039	0.0120992985	0.0122386455	0.0123788402	0.0125198775	0.0126617522	0.0128044593	0.0129479933
12	0.0113803070	0.0115215634	0.0116637324	0.0118068075	0.0119507826	0.0120956512	0.0122414068	0.0123880428
13	0.0108968051	0.0110407794	0.0111857219	0.0113316250	0.0114784809	0.0116262818	0.0117750196	0.0119246863
14	0.0104893750	0.0106360177	0.0107836800	0.0109323529	0.0110820269	0.0112326925	0.0113843401	0.0115369600
15	0.0101426658	0.0102919229	0.0104422468	0.0105936266	0.0107460512	0.0108995092	0.0110539892	0.0112094798
16	0.0098451584	0.0099969723	0.0101498957	0.0103039157	0.0104590193	0.0106151933	0.0107724244	0.0109306991
17	0.0095880390	0.0097423489	0.0098978065	0.0100543967	0.0102121046	0.0103709149	0.0105308122	0.0106917813
18	0.0093644484	0.0095211908	0.0096791145	0.0098382023	0.0099984370	0.0101598012	0.0103222776	0.0104858485
19	0.0091689678	0.0093280771	0.0094883967	0.0096499072	0.0098125891	0.0099764229	0.0101413890	0.0103074675
20	0.0089972596	0.0091586683	0.0093213119	0.0094851685	0.0096502165	0.0098164339	0.0099837989	0.0101522895
21	0.0088458102	0.0090094494	0.0091743436	0.0093404685	0.0095078001	0.0096763141	0.0098459865	0.0100167930
22	0.0087117432	0.0088775429	0.0090446133	0.0092129279	0.0093824600	0.0095531831	0.0097250708	0.0098980967
23	0.0085926815	0.0087605709	0.0089297426	0.0091001675	0.0092718166	0.0094446611	0.0096186723	0.0097938214
24	0.0084866433	0.0086565511	0.0088277487	0.0090002046	0.0091738873	0.0093487657	0.0095248088	0.0097019856
25	0.0083919636	0.0085638184	0.0087369666	0.0089113742	0.0090870075	0.0092638328	0.0094418171	0.0096209272
26	0.0083072338	0.0084809641	0.0086559878	0.0088322683	0.0090097696	0.0091884559	0.0093682918	0.0095492424
27	0.0082312540	0.0084067888	0.0085836133	0.0087616887	0.0089409766	0.0091214390	0.0093030385	0.0094857381
28	0.0081629964	0.0083402652	0.0085188167	0.0086986098	0.0088796040	0.0090617591	0.0092450357	0.0094293953
29	0.0081015759	0.0082805088	0.0084607143	0.0086421492	0.0088247707	0.0090085368	0.0091934063	0.0093793387
30	0.0080462262	0.0082267543	0.0084085421	0.0085915441	0.0087757157	0.0089610130	0.0091473929	0.0093348136

11.00% to 12.75%

Term (years)	11.00%	11.25%	11.50%	11.75%	12.00%	12.25%	12.50%	12.75%
1	0.0883816585	0.0884983137	0.0886150539	0.0887318789	0.0888487887	0.0889657833	0.0890828627	0.0892000269
2	0.0466078382	0.0467239917	0.0468403153	0.0469568088	0.0470734722	0.0471903054	0.0473073082	0.0474244807
3	0.0327387171	0.0328572349	0.0329760064	0.0330950315	0.0332143098	0.0333338413	0.0334536256	0.0335736626
4	0.0258455226	0.0259670980	0.0260890089	0.0262112548	0.0263338354	0.0264567503	0.0265799989	0.0267035809
5	0.0217424231	0.0218673079	0.0219926074	0.0221183209	0.0222444477	0.0223709870	0.0224979382	0.0226253005
6	0.0190340790	0.0191623721	0.0192911562	0.0194204300	0.0195501925	0.0196804425	0.0198111787	0.0199424000
7	0.0171224364	0.0172541668	0.0173864608	0.0175193167	0.0176527328	0.0177867073	0.0179212384	0.0180563244
8	0.0157084257	0.0158435836	0.0159793738	0.0161157939	0.0162528414	0.0163905138	0.0165288086	0.0166677233
9	0.0146258610	0.0147644123	0.0149036603	0.0150436015	0.0151842326	0.0153255503	0.0154675510	0.0156102313
10	0.0137750011	0.0139168947	0.0140595444	0.0142029459	0.0143470948	0.0144919867	0.0146376169	0.0147839809
11	0.0130923490	0.0132375210	0.0133835037	0.0135302915	0.0136778788	0.0138262599	0.0139754290	0.0141253803
12	0.0125355526	0.0126839292	0.0128331658	0.0129832556	0.0131341914	0.0132859662	0.0134385728	0.0135920040
13	0.0120752736	0.0122267733	0.0123791769	0.0125324761	0.0126866622	0.0128417267	0.0129976607	0.0131544557
14	0.0116905423	0.0118450770	0.0120005542	0.0121569637	0.0123142953	0.0124725387	0.0126316835	0.0127917194
15	0.0113659693	0.0115234460	0.0116818981	0.0118413136	0.0120016806	0.0121629871	0.0123252208	0.0124883698
16	0.0110900040	0.0112503254	0.0114116496	0.0115739628	0.0117372513	0.0119015010	0.0120666981	0.0122328286
17	0.0108538064	0.0110168721	0.0111809627	0.0113460623	0.0115121553	0.0116792258	0.0118472580	0.0120162362
18	0.0106504964	0.0108162036	0.0109829524	0.0111507251	0.0113195038	0.0114892709	0.0116600087	0.0118316994
19	0.0104746389	0.0106428832	0.0108121808	0.0109825119	0.0111538566	0.0113261953	0.0114995084	0.0116737763
20	0.0103218839	0.0104925601	0.0106642963	0.0108370706	0.0110108613	0.0111856468	0.0113614055	0.0115381160
21	0.0101887095	0.0103617120	0.0105357766	0.0107108793	0.0108869965	0.0110641046	0.0112421803	0.0114212003
22	0.0100722345	0.0102474580	0.0104237412	0.0106010582	0.0107793836	0.0109586918	0.0111389577	0.0113201565
23	0.0099700800	0.0101474200	0.0103258132	0.0105052320	0.0106856488	0.0108670366	0.0110493685	0.0112326181
24	0.0098802657	0.0100596188	0.0102400151	0.0104214248	0.0106038188	0.0107871683	0.0109714450	0.0111566208
25	0.0098011308	0.0099823955	0.0101646896	0.0103479819	0.0105322414	0.0107174379	0.0109035414	0.0110905227
26	0.0097312730	0.0099143498	0.0100984392	0.0102835082	0.0104695246	0.0106564565	0.0108442729	0.0110329433
27	0.0096695016	0.0098542931	0.0100400777	0.0102268209	0.0104144889	0.0106030487	0.0107924680	0.0109827154
28	0.0096147995	0.0098012113	0.0099885940	0.0101769118	0.0103661298	0.0105562138	0.0107471306	0.0109388478
29	0.0095662943	0.0097542345	0.0099431214	0.0101329179	0.0103235881	0.0105150969	0.0107074102	0.0109004947
30	0.0095232340	0.0097126139	0.0099029143	0.0100940973	0.0102861260	0.0104789643	0.0106725776	0.0108669321

13.00% to 14.75%

Term (years)	13.00%	13.25%	13.50%	13.75%	14.00%	14.25%	14.50%	14.75%
1	0.0893172757	0.0894346092	0.0895520274	0.0896695302	0.0897871176	0.0899047895	0.0900225460	0.0901403869
2	0.0475418226	0.0476593339	0.0477770145	0.0478948643	0.0480128833	0.0481310712	0.0482494280	0.0483679537
3	0.0336939520	0.0338144937	0.0339352873	0.0340563328	0.0341776298	0.0342991781	0.0344209774	0.0345430277
4	0.0268274959	0.0269517434	0.0270763230	0.0272012341	0.0273264765	0.0274520496	0.0275779529	0.0277041859
5	0.0227530730	0.0228812552	0.0230098460	0.0231388449	0.0232682508	0.0233980632	0.0235282811	0.0236589037
6	0.0200741052	0.0202062930	0.0203389622	0.0204721114	0.0206057395	0.0207398450	0.0208744268	0.0210094833
7	0.0181919633	0.0183281534	0.0184648928	0.0186021795	0.0187400116	0.0188783872	0.0190173042	0.0191567608
8	0.0168072551	0.0169474014	0.0170881597	0.0172295271	0.0173715010	0.0175140786	0.0176572571	0.0178010336
9	0.0157535877	0.0158976165	0.0160423141	0.0161876769	0.0163337012	0.0164803831	0.0166277190	0.0167757050
10	0.0149310740	0.0150788916	0.0152274289	0.0153766812	0.0155266435	0.0156773111	0.0158286789	0.0159807422
11	0.0142761079	0.0144276058	0.0145798680	0.0147328885	0.0148866612	0.0150411798	0.0151964383	0.0153524303
12	0.0137462524	0.0139013108	0.0140571716	0.0142138275	0.0143712708	0.0145294942	0.0146884899	0.0148482502
13	0.0133121026	0.0134705927	0.0136299170	0.0137900665	0.0139510322	0.0141128049	0.0142753757	0.0144387353
14	0.0129526358	0.0131144223	0.0132770683	0.0134405631	0.0136048961	0.0137700568	0.0139360343	0.0141028180
15	0.0126524217	0.0128173643	0.0129831854	0.0131498727	0.0133174139	0.0134857966	0.0136550086	0.0138250376
16	0.0123998784	0.0125678337	0.0127366804	0.0129064044	0.0130769918	0.0132484286	0.0134207008	0.0135937946
17	0.0121861444	0.0123569668	0.0125286878	0.0127012915	0.0128747623	0.0130490845	0.0132242426	0.0134002210
18	0.0120043253	0.0121778689	0.0123523127	0.0125276391	0.0127038309	0.0128808707	0.0130587414	0.0132374260
19	0.0118489795	0.0120250987	0.0122021146	0.0123800080	0.0125587600	0.0127383517	0.0129187646	0.0130999801
20	0.0117157571	0.0118943077	0.0120737468	0.0122540538	0.0124352081	0.0126171894	0.0127999777	0.0129835530
21	0.0116011418	0.0117819820	0.0119636984	0.0121462688	0.0123296711	0.0125138838	0.0126988854	0.0128846549
22	0.0115022636	0.0116852547	0.0118691058	0.0120537933	0.0122392939	0.0124255848	0.0126126432	0.0128004472
23	0.0114167592	0.0116017662	0.0117876137	0.0119742768	0.0121617311	0.0123499526	0.0125389176	0.0127286030
24	0.0113426682	0.0115295604	0.0117172706	0.0119057730	0.0120950420	0.0122850526	0.0124757804	0.0126672014
25	0.0112783530	0.0114670043	0.0116564488	0.0118466597	0.0120376104	0.0122292753	0.0124216292	0.0126146474
26	0.0112224377	0.0114127271	0.0116037829	0.0117955773	0.0119880832	0.0121812743	0.0123751247	0.0125696094
27	0.0111737600	0.0113655718	0.0115581215	0.0117513808	0.0119453218	0.0121399178	0.0123351426	0.0125309709
28	0.0111313337	0.0113245577	0.0115184899	0.0117131014	0.0119083641	0.0121042508	0.0123007352	0.0124977918
29	0.0110943183	0.0112888499	0.0114840590	0.0116799165	0.0118763941	0.0120734643	0.0122711009	0.0124692782
30	0.0110619952	0.0112577352	0.0114541218	0.0116511253	0.0118487175	0.0120468709	0.0122455593	0.0124447572

15.00% to 16.75%

Term (years)	15.00%	15.25%	15.50%	15.75%	16.00%	16.25%	16.50%	16.75%
1	0.0902583123	0.0903763222	0.0904944164	0.0906125950	0.0907308579	0.0908492051	0.0909676365	0.0910861522
2	0.0484866480	0.0486055110	0.0487245425	0.0488437423	0.0489631105	0.0490826469	0.0492023513	0.0493222238
3	0.0346653285	0.0347878797	0.0349106810	0.0350337322	0.0351570330	0.0352805832	0.0354043826	0.0355284307
4	0.0278307483	0.0279576394	0.0280848589	0.0282124062	0.0283402808	0.0284684822	0.0285970100	0.0287258635
5	0.0237899301	0.0239213595	0.0240531911	0.0241854239	0.0243180571	0.0244510898	0.0245845211	0.0247183501
6	0.0211450133	0.0212810155	0.0214174883	0.0215544305	0.0216918406	0.0218297172	0.0219680587	0.0221068639
7	0.0192967547	0.0194372841	0.0195783469	0.0197199408	0.0198620639	0.0200047141	0.0201478890	0.0202915867
8	0.0179454053	0.0180903693	0.0182359228	0.0183820626	0.0185287860	0.0186760898	0.0188239712	0.0189724269
9	0.0169243373	0.0170736119	0.0172235250	0.0173740726	0.0175252508	0.0176770554	0.0178294825	0.0179825281
10	0.0161334957	0.0162869346	0.0164410537	0.0165958479	0.0167513121	0.0169074412	0.0170642299	0.0172216730
11	0.0155091496	0.0156665898	0.0158247447	0.0159836077	0.0161431726	0.0163034328	0.0164643820	0.0166260135
12	0.0150087677	0.0151700344	0.0153320427	0.0154947848	0.0156582530	0.0158224393	0.0159873361	0.0161529354
13	0.0146028746	0.0147677844	0.0149334556	0.0150998788	0.0152670448	0.0154349445	0.0156035685	0.0157729077
14	0.0142703972	0.0144387611	0.0146078990	0.0147778003	0.0149484542	0.0151198501	0.0152919772	0.0154648249
15	0.0139958712	0.0141674972	0.0143399034	0.0145130775	0.0146870074	0.0148616810	0.0150370861	0.0152132107
16	0.0137676961	0.0139423914	0.0141178669	0.0142941087	0.0144711034	0.0146488373	0.0148272971	0.0150064693
17	0.0135770043	0.0137545773	0.0139329247	0.0141120314	0.0142918824	0.0144724628	0.0146537579	0.0148357530
18	0.0134169075	0.0135971693	0.0137781947	0.0139599673	0.0141424707	0.0143256889	0.0145096058	0.0146942059
19	0.0132819798	0.0134647458	0.0136482601	0.0138325050	0.0140174630	0.0142031170	0.0143894498	0.0145764448
20	0.0131678958	0.0133529868	0.0135388069	0.0137253373	0.0139125594	0.0141004551	0.0142890064	0.0144781956
21	0.0130711714	0.0132584147	0.0134463645	0.0136350010	0.0138243050	0.0140142572	0.0142048391	0.0143960322
22	0.0129889748	0.0131782047	0.0133681159	0.0135586878	0.0137499002	0.0139417334	0.0141341681	0.0143271853
23	0.0129189861	0.0131100448	0.0133017574	0.0134941026	0.0136870597	0.0138806083	0.0140747287	0.0142694016
24	0.0128592923	0.0130520302	0.0132453929	0.0134393585	0.0136339061	0.0138290148	0.0140246646	0.0142208360
25	0.0128083061	0.0130025820	0.0131974524	0.0133928951	0.0135888889	0.0137854127	0.0139824465	0.0141799705
26	0.0127647042	0.0129603854	0.0131566300	0.0133534159	0.0135507215	0.0137485258	0.0139468087	0.0141455506
27	0.0127273781	0.0129243405	0.0131218349	0.0133198393	0.0135183320	0.0137172922	0.0139166999	0.0141165357
28	0.0126953959	0.0128935238	0.0130921525	0.0132912598	0.0134908244	0.0136908257	0.0138912439	0.0140920600
29	0.0126679716	0.0128671577	0.0130668135	0.0132669171	0.0134674476	0.0136683845	0.0138697087	0.0140714013
30	0.0126444402	0.0128445850	0.0130451692	0.0132461710	0.0134475700	0.0136493462	0.0138514808	0.0140539557

17.00% to 18.75%

Term (years)	17.00%	17.25%	17.50%	17.75%	18.00%	18.25%	18.50%	18.75%
1	0.0912047521	0.0913234361	0.0914422043	0.0915610566	0.0916799929	0.0917990133	0.0919181176	0.0920373060
2	0.0494422641	0.0495624722	0.0496828479	0.0498033912	0.0499241020	0.0500449801	0.0501660254	0.0502872378
3	0.0356527275	0.0357772727	0.0359020659	0.0360271069	0.0361523955	0.0362779314	0.0364037143	0.0365297439
4	0.0288550423	0.0289845459	0.0291143736	0.0292445250	0.0293749996	0.0295057968	0.0296369160	0.0297683566
5	0.0248525758	0.0249871973	0.0251222137	0.0252576241	0.0253934274	0.0255296228	0.0256662092	0.0258031856
6	0.0222461311	0.0223858590	0.0225260460	0.0226666905	0.0228077911	0.0229493462	0.0230913543	0.0232338137
7	0.0204358049	0.0205805413	0.0207257938	0.0208715601	0.0210178380	0.0211646251	0.0213119192	0.0214597179
8	0.0191214541	0.0192710495	0.0194212100	0.0195719326	0.0197232141	0.0198750513	0.0200274410	0.0201803799
9	0.0181361879	0.0182904580	0.0184453341	0.0186008120	0.0187568877	0.0189135569	0.0190708153	0.0192286588
10	0.0173797652	0.0175385013	0.0176978760	0.0178578840	0.0180185199	0.0181797784	0.0183416541	0.0185041416
11	0.0167883209	0.0169512977	0.0171149373	0.0172792331	0.0174441787	0.0176097673	0.0177759924	0.0179428475
12	0.0163192294	0.0164862102	0.0166538701	0.0168222010	0.0169911952	0.0171608449	0.0173311420	0.0175020789
13	0.0159429529	0.0161136947	0.0162851241	0.0164572317	0.0166300085	0.0168034454	0.0169775331	0.0171522626
14	0.0156383827	0.0158126400	0.0159875861	0.0161632107	0.0163395032	0.0165164533	0.0166940505	0.0168722847
15	0.0153900429	0.0155675708	0.0157457825	0.0159246662	0.0161042104	0.0162844033	0.0164652336	0.0166466897
16	0.0151863407	0.0153668981	0.0155481286	0.0157300190	0.0159125567	0.0160957289	0.0162795230	0.0164639266
17	0.0150184338	0.0152017858	0.0153857950	0.0155704472	0.0157557286	0.0159416256	0.0161281246	0.0163152123
18	0.0148794734	0.0150653931	0.0152519497	0.0154391283	0.0156269142	0.0158152927	0.0160042497	0.0161937709
19	0.0147640854	0.0149523553	0.0151412385	0.0153307192	0.0155207820	0.0157114116	0.0159025930	0.0160943115
20	0.0146680055	0.0148584190	0.0150494193	0.0152409901	0.0154331152	0.0156257790	0.0158189658	0.0160126606
21	0.0145878184	0.0147801803	0.0149731006	0.0151665622	0.0153605488	0.0155550442	0.0157500324	0.0159454983
22	0.0145207666	0.0147148939	0.0149095495	0.0151047162	0.0153003772	0.0154965162	0.0156931171	0.0158901645
23	0.0144646082	0.0146603300	0.0148565494	0.0150532487	0.0152504113	0.0154480205	0.0156460605	0.0158445156
24	0.0144175100	0.0146146681	0.0148122924	0.0150103654	0.0152088703	0.0154077908	0.0156071109	0.0158068152
25	0.0143779658	0.0145764139	0.0147752970	0.0149745977	0.0151742994	0.0153743859	0.0155748415	0.0157756512
26	0.0143447326	0.0145443364	0.0147443444	0.0149447395	0.0151455052	0.0153466258	0.0155480860	0.0157498710
27	0.0143167809	0.0145174175	0.0147184282	0.0149197964	0.0151215059	0.0153235414	0.0155258880	0.0157285314
28	0.0142932555	0.0144948131	0.0146967156	0.0148989469	0.0151014915	0.0153043344	0.0155074613	0.0157108585
29	0.0142734445	0.0144758213	0.0146785152	0.0148815106	0.0150847923	0.0152883462	0.0154921585	0.0156962160
30	0.0142567534	0.0144598576	0.0146632523	0.0148669225	0.0150708537	0.0152750324	0.0154794453	0.0156840801

19.00% to 20.75%

Term (years)	19.00%	19.25%	19.50%	19.75%	20.00%	20.25%	20.50%	20.75%
1	0.0921565782	0.0922759344	0.0923953744	0.0925148983	0.0926345059	0.0927541973	0.0928739724	0.0929938313
2	0.0504086172	0.0505301635	0.0506518766	0.0507737563	0.0508958026	0.0510180154	0.0511403944	0.0512629396
3	0.0366560200	0.0367825423	0.0369093105	0.0370363242	0.0371635834	0.0372910875	0.0374188364	0.0375468298
4	0.0299001182	0.0300322002	0.0301646019	0.0302973228	0.0304303623	0.0305637199	0.0306973950	0.0308313868
5	0.0259405511	0.0260783047	0.0262164454	0.0263549720	0.0264938837	0.0266331794	0.0267728580	0.0269129185
6	0.0233767230	0.0235200805	0.0236638845	0.0238081336	0.0239528261	0.0240979602	0.0242435344	0.0243895471
7	0.0216080190	0.0217568200	0.0219061187	0.0220559126	0.0222061993	0.0223569765	0.0225082416	0.0226599924
8	0.0203338649	0.0204878928	0.0206424601	0.0207975638	0.0209532004	0.0211093666	0.0212660592	0.0214232747
9	0.0193870830	0.0195460837	0.0197056566	0.0198657974	0.0200265017	0.0201877652	0.0203495836	0.0205119525
10	0.0186672355	0.0188309305	0.0189952210	0.0191601018	0.0193255672	0.0194916120	0.0196582306	0.0198254176
11	0.0181103258	0.0182784209	0.0184471261	0.0186164348	0.0187863404	0.0189568363	0.0191279160	0.0192995729
12	0.0176736477	0.0178458405	0.0180186496	0.0181920672	0.0183660855	0.0185406967	0.0187158933	0.0188916674
13	0.0173276249	0.0175036109	0.0176802117	0.0178574183	0.0180352218	0.0182136133	0.0183925842	0.0185721256
14	0.0170511456	0.0172306230	0.0174107069	0.0175913871	0.0177726538	0.0179544970	0.0181369070	0.0183198740
15	0.0168287603	0.0170114342	0.0171947003	0.0173785476	0.0175629650	0.0177479419	0.0179334675	0.0181195313
16	0.0166489273	0.0168345131	0.0170206718	0.0172073915	0.0173946605	0.0175824672	0.0177708002	0.0179596480
17	0.0165028754	0.0166911010	0.0168798764	0.0170691887	0.0172590257	0.0174493750	0.0176402246	0.0178315626
18	0.0163838424	0.0165744507	0.0167655823	0.0169572239	0.0171493627	0.0173419858	0.0175350807	0.0177286352
19	0.0162865526	0.0164793023	0.0166725466	0.0168662718	0.0170604647	0.0172551122	0.0174502013	0.0176457197
20	0.0162068485	0.0164015151	0.0165966461	0.0167922276	0.0169882461	0.0171846883	0.0173815413	0.0175787924
21	0.0161414265	0.0163378026	0.0165346120	0.0167318409	0.0169294756	0.0171275029	0.0173259097	0.0175246836
22	0.0160876431	0.0162855383	0.0164838357	0.0166825213	0.0168815817	0.0170810036	0.0172807743	0.0174808813
23	0.0160433708	0.0162426115	0.0164422235	0.0166421929	0.0168425065	0.0170431514	0.0172441150	0.0174453852
24	0.0160068889	0.0162073176	0.0164080873	0.0166091846	0.0168105965	0.0170123103	0.0172143139	0.0174165956
25	0.0159768003	0.0161782749	0.0163800613	0.0165821464	0.0167845177	0.0169871630	0.0171900707	0.0173932293
26	0.0159519667	0.0161543594	0.0163570361	0.0165599841	0.0167631913	0.0169666461	0.0171703373	0.0173742542
27	0.0159314581	0.0161346549	0.0163381091	0.0165418088	0.0167457424	0.0169498987	0.0171542673	0.0173588378
28	0.0159145129	0.0161184120	0.0163225438	0.0165268967	0.0167314599	0.0169362228	0.0171411754	0.0173463083
29	0.0159005064	0.0161050176	0.0163097383	0.0165146576	0.0167197652	0.0169250513	0.0171305065	0.0173361219
30	0.0158889249	0.0160939685	0.0162992000	0.0165046094	0.0167101869	0.0169159233	0.0171218099	0.0173278384

Sample computation

Given:

Loan amount: 1,000,000.00
Interest rate: 7.5%
Term: 20 years

Step 1 – Find the corresponding amortization factor for a 20 year term at 7.5% annual interest rate

The amortization factor is 0.0080559319 (see row for 20 years and column for 7.5% of table 7% to 8.75%)

Step 2 – Compute for the monthly amortization

The monthly amortization would be equal to Loan Amount x Amortization Factor

= 1,000,000.00 x 0.0080559319

= 8055.9319

Click here for a more detailed example: How to compute monthly amortization payments

You can also verify the resulting monthly amortization using our mortgage calculator.

Disclaimer: The data presented above are for reference purposes only. As always, our standard site disclaimer applies.

Image courtesy: of renjith krishnan / FreeDigitalPhotos.net

Comments

mhel says:
April 23, 2013 at 12:17 pm
hi sir, can u please post factor rate at 24%, 30% and 32%? thank u very much!
- Jay Castillo says:
  April 23, 2013 at 6:52 pm
  Hi Mhel, okay will add asap…
Alex says:
April 28, 2012 at 9:07 am
Thanks!
- Jay Castillo says:
  February 23, 2013 at 1:24 am
  You’re welcome Alex!
Jessicarey19 says:
April 1, 2012 at 5:22 pm
Hi, may i ask for the factor rate of 1 and a half year..thank you
- Jay Castillo says:
  February 23, 2013 at 1:23 am
  Already added.
Toperior_bong says:
January 23, 2012 at 10:20 am
THANKS FOR THE INFO SIR

- Jay Castillo says:
  February 23, 2013 at 1:21 am
  You’re welcome!
joane says:
January 18, 2012 at 11:37 pm
hi
you can give me a factor rate @ 23%
- Jay Castillo says:
  February 23, 2013 at 1:20 am
  Hi Joane, I’ll add up it soon…
joane says:
January 18, 2012 at 11:33 pm
hi you can give factor rate at 23% thanks
joane says:
January 18, 2012 at 11:15 pm
hi you have factorate 23%
Vhik says:
January 11, 2012 at 2:57 pm
Are these amortization factor rates used in the in-house financing of the developers or are these the rates used in the bank financing schemes?
- Jay Castillo says:
  February 23, 2013 at 1:19 am
  Hi Vhik, these are used by both, as long as they use the diminishing balance approach.
Jornelle0228 says:
December 17, 2011 at 1:29 am
i just want to know if there’s a law that tells that this is the right formula in any terms of loan..even if u loan from the owner of the house that u’r going to buy?
- Jay Castillo says:
  December 30, 2011 at 9:48 pm
  Hi Jornelle,
  I believe there’s no law that imposes the amortization formula to be used for loans. This is just one of the many methods or standards that can be used. I suppose it is up to the lender to decide which method to use. I hope I have answered your question. Thanks for dropping by, cheers!
OWNER says:
May 4, 2011 at 2:28 pm
wow! thank you so much sir this is what i have been looking for yehey!!!
- Jay Castillo says:
  December 2, 2011 at 4:21 pm
  Thanks!
jon says:
April 11, 2011 at 12:14 pm
Excellent update, sir! thanks very much. I have this page bookmarked Keep up the good work.
- Jay Castillo says:
  December 2, 2011 at 4:21 pm
  Thanks Jon!
Teresita Roque says:
August 6, 2010 at 4:13 pm
How do you compute for the amortization factors. Thanks. Hope to receive reply very soon.
Jay Castillo says:
August 11, 2010 at 4:48 am
Hi Teresita,
The formula I use is as follows:
Amort factor=I/(1-(1+I)^-M)
where
I = the monthly interest rate which is equal to the annual interest rate divided by 12
M = the loan payment term in months
I use this formula in excel. I believe there is also a built in function in excel that can do this calculation but I haven’t tried that yet.
I got the formula above from my notes when I attended a seminar in real estate investing conducted by Urban Institute of real estate under Engineer Enrico Cruz.
Cristina says:
January 15, 2011 at 11:29 pm
Where is the Urban Institute of Real Estate? How much is the seminar fee?
Jay Castillo says:
August 15, 2011 at 4:46 pm
Hi Cristina, please checkout their website to get more details about Urban Institute of Real Estate using this link: http://www.urban-institute.com/