fɔːɹ ɛɡzˈæmpəl, fɚɹə hˈoʊm lˈoʊn ʌv dˈɑːlɚ tˈuːhˈʌndɹɪd,zˈiəɹoʊzˈiəɹoʊ zˈiəɹoʊ wɪð ɐ fˈɪkst jˈɪɹli ˈɪntɹɛst ɹˈeɪt ʌv sˈɪks.fˈaɪv pɚsˈɛnt fɔːɹ θˈɜːɾi jˈɪɹz, ðə pɹˈɪnsɪpəl ɪz , ðə mˈʌnθli ˈɪntɹɛst ɹˈeɪt ɪz , ðə nˈʌmbɚɹ ʌv mˈʌnθli pˈeɪmənts ɪz , ðə fˈɪkst mˈʌnθli pˈeɪmənt ˈiːkwəlz dˈɑːlɚ wˈʌn,tˈuːhˈʌndɹɪd sˈɪksti fˈoːɹ.fˈoːɹtiːn.
For example, for a home loan of $200,000 with a fixed yearly interest rate of 6.5% for 30 years, the principal is , the monthly interest rate is , the number of monthly payments is , the fixed monthly payment equals $1,264.14.