Monthly Payment Schedule

Heat Pumps come in a wide range of makes, models, and efficiencies and vary considerably in price. See the payment schedule below for an approximate cost and monthly payment based on 120 months at 7% APR. The payment is added onto monthly electric statement and is itemized on statement.

Monthly Payment Schedule
Loan Amount Monthly Payment
$2,500 (minimum) $29.03
$3,000 $34.83
$3,500 $40.64
$4,000 $46.44
$4,500 $52.25
$5,000 $58.05
$5,500 $63.86
$6,000 $69.67
$6,500 $75.47
$7,000 $81.28
$7,500 $87.08
$8,000 $92.89
$8,500 $98.69
$9,000 $104.50
$9,500 $110.30
$10,000 $116.11
$10,500 $121.91
$11,000 $127.72
$11,500 $133.52
$12,000 $139.33
$12,500 $145.14
$13,000 $150.94
$13,500 $156.75
$14,000 $162.55
$14,500 $168.36
$15,000 (maximum) $174.16