Mortgage Loan of $38,000 for 10 Years at 8.00%

What's the payment on a 10 year home loan for $38k at 8.00% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $461.04

$5,533 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $38k loan. It can be used for a house, car, boat, credit card debt consolidation, student loan debt, motorcycle, RV, race horse, exotic pet, business, real estate, etc... Try paying off your loan early or refinancing to save money.

Also remember to consider other home costs like insurance, taxes, PMI, and general maintenance costs.

Loan Table for 38,000 loan for 10 years at 8.00 percent interest

Amortization Table. How much goes to interest? How much to principal? What's the loan balance?

Month	Monthly Payment	Principal Paid	Interest Paid	Mortgage Balance
1	461.04	207.71	253.33	37,792.29
2	461.04	209.10	251.95	37,583.19
3	461.04	210.49	250.55	37,372.70
4	461.04	211.89	249.15	37,160.81
5	461.04	213.31	247.74	36,947.50
6	461.04	214.73	246.32	36,732.77
7	461.04	216.16	244.89	36,516.61
8	461.04	217.60	243.44	36,299.01
9	461.04	219.05	241.99	36,079.96
10	461.04	220.51	240.53	35,859.45
11	461.04	221.98	239.06	35,637.47
12	461.04	223.46	237.58	35,414.01
13	461.04	224.95	236.09	35,189.06
14	461.04	226.45	234.59	34,962.60
15	461.04	227.96	233.08	34,734.64
16	461.04	229.48	231.56	34,505.16
17	461.04	231.01	230.03	34,274.15
18	461.04	232.55	228.49	34,041.60
19	461.04	234.10	226.94	33,807.50
20	461.04	235.66	225.38	33,571.84
21	461.04	237.23	223.81	33,334.61
22	461.04	238.81	222.23	33,095.79
23	461.04	240.41	220.64	32,855.39
24	461.04	242.01	219.04	32,613.38
25	461.04	243.62	217.42	32,369.76
26	461.04	245.25	215.80	32,124.51
27	461.04	246.88	214.16	31,877.63
28	461.04	248.53	212.52	31,629.10
29	461.04	250.18	210.86	31,378.92
30	461.04	251.85	209.19	31,127.06
31	461.04	253.53	207.51	30,873.53
32	461.04	255.22	205.82	30,618.31
33	461.04	256.92	204.12	30,361.39
34	461.04	258.64	202.41	30,102.75
35	461.04	260.36	200.69	29,842.39
36	461.04	262.10	198.95	29,580.30
37	461.04	263.84	197.20	29,316.45
38	461.04	265.60	195.44	29,050.85
39	461.04	267.37	193.67	28,783.48
40	461.04	269.15	191.89	28,514.33
41	461.04	270.95	190.10	28,243.38
42	461.04	272.76	188.29	27,970.62
43	461.04	274.57	186.47	27,696.05
44	461.04	276.40	184.64	27,419.64
45	461.04	278.25	182.80	27,141.39
46	461.04	280.10	180.94	26,861.29
47	461.04	281.97	179.08	26,579.32
48	461.04	283.85	177.20	26,295.47
49	461.04	285.74	175.30	26,009.73
50	461.04	287.65	173.40	25,722.08
51	461.04	289.56	171.48	25,432.52
52	461.04	291.49	169.55	25,141.03
53	461.04	293.44	167.61	24,847.59
54	461.04	295.39	165.65	24,552.19
55	461.04	297.36	163.68	24,254.83
56	461.04	299.35	161.70	23,955.48
57	461.04	301.34	159.70	23,654.14
58	461.04	303.35	157.69	23,350.79
59	461.04	305.37	155.67	23,045.42
60	461.04	307.41	153.64	22,738.01
61	461.04	309.46	151.59	22,428.55
62	461.04	311.52	149.52	22,117.03
63	461.04	313.60	147.45	21,803.43
64	461.04	315.69	145.36	21,487.74
65	461.04	317.79	143.25	21,169.95
66	461.04	319.91	141.13	20,850.04
67	461.04	322.04	139.00	20,527.99
68	461.04	324.19	136.85	20,203.80
69	461.04	326.35	134.69	19,877.45
70	461.04	328.53	132.52	19,548.92
71	461.04	330.72	130.33	19,218.20
72	461.04	332.92	128.12	18,885.28
73	461.04	335.14	125.90	18,550.14
74	461.04	337.38	123.67	18,212.76
75	461.04	339.63	121.42	17,873.13
76	461.04	341.89	119.15	17,531.24
77	461.04	344.17	116.87	17,187.07
78	461.04	346.46	114.58	16,840.61
79	461.04	348.77	112.27	16,491.83
80	461.04	351.10	109.95	16,140.73
81	461.04	353.44	107.60	15,787.29
82	461.04	355.80	105.25	15,431.50
83	461.04	358.17	102.88	15,073.33
84	461.04	360.56	100.49	14,712.77
85	461.04	362.96	98.09	14,349.81
86	461.04	365.38	95.67	13,984.43
87	461.04	367.82	93.23	13,616.62
88	461.04	370.27	90.78	13,246.35
89	461.04	372.74	88.31	12,873.62
90	461.04	375.22	85.82	12,498.40
91	461.04	377.72	83.32	12,120.67
92	461.04	380.24	80.80	11,740.43
93	461.04	382.78	78.27	11,357.66
94	461.04	385.33	75.72	10,972.33
95	461.04	387.90	73.15	10,584.43
96	461.04	390.48	70.56	10,193.95
97	461.04	393.09	67.96	9,800.87
98	461.04	395.71	65.34	9,405.16
99	461.04	398.34	62.70	9,006.82
100	461.04	401.00	60.05	8,605.82
101	461.04	403.67	57.37	8,202.15
102	461.04	406.36	54.68	7,795.78
103	461.04	409.07	51.97	7,386.71
104	461.04	411.80	49.24	6,974.91
105	461.04	414.55	46.50	6,560.36
106	461.04	417.31	43.74	6,143.05
107	461.04	420.09	40.95	5,722.96
108	461.04	422.89	38.15	5,300.07
109	461.04	425.71	35.33	4,874.36
110	461.04	428.55	32.50	4,445.81
111	461.04	431.41	29.64	4,014.40
112	461.04	434.28	26.76	3,580.12
113	461.04	437.18	23.87	3,142.95
114	461.04	440.09	20.95	2,702.85
115	461.04	443.03	18.02	2,259.83
116	461.04	445.98	15.07	1,813.85
117	461.04	448.95	12.09	1,364.90
118	461.04	451.95	9.10	912.95
119	461.04	454.96	6.09	457.99
120	461.04	457.99	3.05	0.00