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 6% APR. The payment is added onto monthly electric statement and is itemized on statement.

Monthly Payment Schedule
Loan Amount Monthly Payment
$2,500 (minimum) $27.76
$3,000 $33.31
$3,500 $38.86
$4,000 $44.41
$4,500 $49.96
$5,000 $55.51
$5,500 $61.06
$6,000 $66.61
$6,500 $72.16
$7,000 $77.71
$7,500 $83.27
$8,000 $88.82
$8,500 $94.37
$9,000 $99.92
$9,500 $105.47
$10,000 $111.02
$10,500 $116.57
$11,000 $122.12
$11,500 $127.62
$12,000 $133.22
$12,500 $138.78
$13,000 $144.33
$13,500 $149.88
$14,000 $155.43
$14,500 $160.98
$15,000 (maximum) $166.53