Mortgage Loan of $1,000 for 20 Years at 0.50%
What's the payment on a 20 year home loan for $1k at 0.50% interest?
Results
Monthly payment: $4.38
$53 per year
What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $1k 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 1,000 loan for 20 years at 0.50 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 | 4.38 | 3.96 | 0.42 | 996.04 |
2 | 4.38 | 3.96 | 0.42 | 992.07 |
3 | 4.38 | 3.97 | 0.41 | 988.11 |
4 | 4.38 | 3.97 | 0.41 | 984.14 |
5 | 4.38 | 3.97 | 0.41 | 980.17 |
6 | 4.38 | 3.97 | 0.41 | 976.20 |
7 | 4.38 | 3.97 | 0.41 | 972.23 |
8 | 4.38 | 3.97 | 0.41 | 968.25 |
9 | 4.38 | 3.98 | 0.40 | 964.28 |
10 | 4.38 | 3.98 | 0.40 | 960.30 |
11 | 4.38 | 3.98 | 0.40 | 956.32 |
12 | 4.38 | 3.98 | 0.40 | 952.34 |
13 | 4.38 | 3.98 | 0.40 | 948.36 |
14 | 4.38 | 3.98 | 0.40 | 944.37 |
15 | 4.38 | 3.99 | 0.39 | 940.39 |
16 | 4.38 | 3.99 | 0.39 | 936.40 |
17 | 4.38 | 3.99 | 0.39 | 932.41 |
18 | 4.38 | 3.99 | 0.39 | 928.42 |
19 | 4.38 | 3.99 | 0.39 | 924.43 |
20 | 4.38 | 3.99 | 0.39 | 920.43 |
21 | 4.38 | 4.00 | 0.38 | 916.44 |
22 | 4.38 | 4.00 | 0.38 | 912.44 |
23 | 4.38 | 4.00 | 0.38 | 908.44 |
24 | 4.38 | 4.00 | 0.38 | 904.44 |
25 | 4.38 | 4.00 | 0.38 | 900.44 |
26 | 4.38 | 4.00 | 0.38 | 896.43 |
27 | 4.38 | 4.01 | 0.37 | 892.43 |
28 | 4.38 | 4.01 | 0.37 | 888.42 |
29 | 4.38 | 4.01 | 0.37 | 884.41 |
30 | 4.38 | 4.01 | 0.37 | 880.40 |
31 | 4.38 | 4.01 | 0.37 | 876.39 |
32 | 4.38 | 4.01 | 0.37 | 872.37 |
33 | 4.38 | 4.02 | 0.36 | 868.36 |
34 | 4.38 | 4.02 | 0.36 | 864.34 |
35 | 4.38 | 4.02 | 0.36 | 860.32 |
36 | 4.38 | 4.02 | 0.36 | 856.30 |
37 | 4.38 | 4.02 | 0.36 | 852.28 |
38 | 4.38 | 4.02 | 0.36 | 848.25 |
39 | 4.38 | 4.03 | 0.35 | 844.23 |
40 | 4.38 | 4.03 | 0.35 | 840.20 |
41 | 4.38 | 4.03 | 0.35 | 836.17 |
42 | 4.38 | 4.03 | 0.35 | 832.14 |
43 | 4.38 | 4.03 | 0.35 | 828.11 |
44 | 4.38 | 4.03 | 0.35 | 824.07 |
45 | 4.38 | 4.04 | 0.34 | 820.04 |
46 | 4.38 | 4.04 | 0.34 | 816.00 |
47 | 4.38 | 4.04 | 0.34 | 811.96 |
48 | 4.38 | 4.04 | 0.34 | 807.92 |
49 | 4.38 | 4.04 | 0.34 | 803.87 |
50 | 4.38 | 4.04 | 0.33 | 799.83 |
51 | 4.38 | 4.05 | 0.33 | 795.78 |
52 | 4.38 | 4.05 | 0.33 | 791.74 |
53 | 4.38 | 4.05 | 0.33 | 787.69 |
54 | 4.38 | 4.05 | 0.33 | 783.64 |
55 | 4.38 | 4.05 | 0.33 | 779.58 |
56 | 4.38 | 4.05 | 0.32 | 775.53 |
57 | 4.38 | 4.06 | 0.32 | 771.47 |
58 | 4.38 | 4.06 | 0.32 | 767.41 |
59 | 4.38 | 4.06 | 0.32 | 763.35 |
60 | 4.38 | 4.06 | 0.32 | 759.29 |
61 | 4.38 | 4.06 | 0.32 | 755.23 |
62 | 4.38 | 4.06 | 0.31 | 751.17 |
63 | 4.38 | 4.07 | 0.31 | 747.10 |
64 | 4.38 | 4.07 | 0.31 | 743.03 |
65 | 4.38 | 4.07 | 0.31 | 738.96 |
66 | 4.38 | 4.07 | 0.31 | 734.89 |
67 | 4.38 | 4.07 | 0.31 | 730.82 |
68 | 4.38 | 4.07 | 0.30 | 726.74 |
69 | 4.38 | 4.08 | 0.30 | 722.67 |
70 | 4.38 | 4.08 | 0.30 | 718.59 |
71 | 4.38 | 4.08 | 0.30 | 714.51 |
72 | 4.38 | 4.08 | 0.30 | 710.43 |
73 | 4.38 | 4.08 | 0.30 | 706.34 |
74 | 4.38 | 4.09 | 0.29 | 702.26 |
75 | 4.38 | 4.09 | 0.29 | 698.17 |
76 | 4.38 | 4.09 | 0.29 | 694.08 |
77 | 4.38 | 4.09 | 0.29 | 689.99 |
78 | 4.38 | 4.09 | 0.29 | 685.90 |
79 | 4.38 | 4.09 | 0.29 | 681.81 |
80 | 4.38 | 4.10 | 0.28 | 677.71 |
81 | 4.38 | 4.10 | 0.28 | 673.61 |
82 | 4.38 | 4.10 | 0.28 | 669.52 |
83 | 4.38 | 4.10 | 0.28 | 665.42 |
84 | 4.38 | 4.10 | 0.28 | 661.31 |
85 | 4.38 | 4.10 | 0.28 | 657.21 |
86 | 4.38 | 4.11 | 0.27 | 653.10 |
87 | 4.38 | 4.11 | 0.27 | 649.00 |
88 | 4.38 | 4.11 | 0.27 | 644.89 |
89 | 4.38 | 4.11 | 0.27 | 640.78 |
90 | 4.38 | 4.11 | 0.27 | 636.67 |
91 | 4.38 | 4.11 | 0.27 | 632.55 |
92 | 4.38 | 4.12 | 0.26 | 628.44 |
93 | 4.38 | 4.12 | 0.26 | 624.32 |
94 | 4.38 | 4.12 | 0.26 | 620.20 |
95 | 4.38 | 4.12 | 0.26 | 616.08 |
96 | 4.38 | 4.12 | 0.26 | 611.96 |
97 | 4.38 | 4.12 | 0.25 | 607.83 |
98 | 4.38 | 4.13 | 0.25 | 603.70 |
99 | 4.38 | 4.13 | 0.25 | 599.58 |
100 | 4.38 | 4.13 | 0.25 | 595.45 |
101 | 4.38 | 4.13 | 0.25 | 591.32 |
102 | 4.38 | 4.13 | 0.25 | 587.18 |
103 | 4.38 | 4.13 | 0.24 | 583.05 |
104 | 4.38 | 4.14 | 0.24 | 578.91 |
105 | 4.38 | 4.14 | 0.24 | 574.77 |
106 | 4.38 | 4.14 | 0.24 | 570.63 |
107 | 4.38 | 4.14 | 0.24 | 566.49 |
108 | 4.38 | 4.14 | 0.24 | 562.35 |
109 | 4.38 | 4.15 | 0.23 | 558.20 |
110 | 4.38 | 4.15 | 0.23 | 554.06 |
111 | 4.38 | 4.15 | 0.23 | 549.91 |
112 | 4.38 | 4.15 | 0.23 | 545.76 |
113 | 4.38 | 4.15 | 0.23 | 541.61 |
114 | 4.38 | 4.15 | 0.23 | 537.45 |
115 | 4.38 | 4.16 | 0.22 | 533.30 |
116 | 4.38 | 4.16 | 0.22 | 529.14 |
117 | 4.38 | 4.16 | 0.22 | 524.98 |
118 | 4.38 | 4.16 | 0.22 | 520.82 |
119 | 4.38 | 4.16 | 0.22 | 516.66 |
120 | 4.38 | 4.16 | 0.22 | 512.49 |
121 | 4.38 | 4.17 | 0.21 | 508.33 |
122 | 4.38 | 4.17 | 0.21 | 504.16 |
123 | 4.38 | 4.17 | 0.21 | 499.99 |
124 | 4.38 | 4.17 | 0.21 | 495.82 |
125 | 4.38 | 4.17 | 0.21 | 491.65 |
126 | 4.38 | 4.17 | 0.20 | 487.47 |
127 | 4.38 | 4.18 | 0.20 | 483.30 |
128 | 4.38 | 4.18 | 0.20 | 479.12 |
129 | 4.38 | 4.18 | 0.20 | 474.94 |
130 | 4.38 | 4.18 | 0.20 | 470.76 |
131 | 4.38 | 4.18 | 0.20 | 466.58 |
132 | 4.38 | 4.18 | 0.19 | 462.39 |
133 | 4.38 | 4.19 | 0.19 | 458.20 |
134 | 4.38 | 4.19 | 0.19 | 454.02 |
135 | 4.38 | 4.19 | 0.19 | 449.83 |
136 | 4.38 | 4.19 | 0.19 | 445.63 |
137 | 4.38 | 4.19 | 0.19 | 441.44 |
138 | 4.38 | 4.20 | 0.18 | 437.24 |
139 | 4.38 | 4.20 | 0.18 | 433.05 |
140 | 4.38 | 4.20 | 0.18 | 428.85 |
141 | 4.38 | 4.20 | 0.18 | 424.65 |
142 | 4.38 | 4.20 | 0.18 | 420.45 |
143 | 4.38 | 4.20 | 0.18 | 416.24 |
144 | 4.38 | 4.21 | 0.17 | 412.04 |
145 | 4.38 | 4.21 | 0.17 | 407.83 |
146 | 4.38 | 4.21 | 0.17 | 403.62 |
147 | 4.38 | 4.21 | 0.17 | 399.41 |
148 | 4.38 | 4.21 | 0.17 | 395.19 |
149 | 4.38 | 4.21 | 0.16 | 390.98 |
150 | 4.38 | 4.22 | 0.16 | 386.76 |
151 | 4.38 | 4.22 | 0.16 | 382.54 |
152 | 4.38 | 4.22 | 0.16 | 378.32 |
153 | 4.38 | 4.22 | 0.16 | 374.10 |
154 | 4.38 | 4.22 | 0.16 | 369.88 |
155 | 4.38 | 4.23 | 0.15 | 365.65 |
156 | 4.38 | 4.23 | 0.15 | 361.43 |
157 | 4.38 | 4.23 | 0.15 | 357.20 |
158 | 4.38 | 4.23 | 0.15 | 352.97 |
159 | 4.38 | 4.23 | 0.15 | 348.74 |
160 | 4.38 | 4.23 | 0.15 | 344.50 |
161 | 4.38 | 4.24 | 0.14 | 340.27 |
162 | 4.38 | 4.24 | 0.14 | 336.03 |
163 | 4.38 | 4.24 | 0.14 | 331.79 |
164 | 4.38 | 4.24 | 0.14 | 327.55 |
165 | 4.38 | 4.24 | 0.14 | 323.31 |
166 | 4.38 | 4.24 | 0.13 | 319.06 |
167 | 4.38 | 4.25 | 0.13 | 314.81 |
168 | 4.38 | 4.25 | 0.13 | 310.57 |
169 | 4.38 | 4.25 | 0.13 | 306.32 |
170 | 4.38 | 4.25 | 0.13 | 302.06 |
171 | 4.38 | 4.25 | 0.13 | 297.81 |
172 | 4.38 | 4.26 | 0.12 | 293.56 |
173 | 4.38 | 4.26 | 0.12 | 289.30 |
174 | 4.38 | 4.26 | 0.12 | 285.04 |
175 | 4.38 | 4.26 | 0.12 | 280.78 |
176 | 4.38 | 4.26 | 0.12 | 276.52 |
177 | 4.38 | 4.26 | 0.12 | 272.25 |
178 | 4.38 | 4.27 | 0.11 | 267.99 |
179 | 4.38 | 4.27 | 0.11 | 263.72 |
180 | 4.38 | 4.27 | 0.11 | 259.45 |
181 | 4.38 | 4.27 | 0.11 | 255.18 |
182 | 4.38 | 4.27 | 0.11 | 250.91 |
183 | 4.38 | 4.27 | 0.10 | 246.63 |
184 | 4.38 | 4.28 | 0.10 | 242.35 |
185 | 4.38 | 4.28 | 0.10 | 238.08 |
186 | 4.38 | 4.28 | 0.10 | 233.80 |
187 | 4.38 | 4.28 | 0.10 | 229.51 |
188 | 4.38 | 4.28 | 0.10 | 225.23 |
189 | 4.38 | 4.29 | 0.09 | 220.94 |
190 | 4.38 | 4.29 | 0.09 | 216.66 |
191 | 4.38 | 4.29 | 0.09 | 212.37 |
192 | 4.38 | 4.29 | 0.09 | 208.08 |
193 | 4.38 | 4.29 | 0.09 | 203.78 |
194 | 4.38 | 4.29 | 0.08 | 199.49 |
195 | 4.38 | 4.30 | 0.08 | 195.19 |
196 | 4.38 | 4.30 | 0.08 | 190.90 |
197 | 4.38 | 4.30 | 0.08 | 186.60 |
198 | 4.38 | 4.30 | 0.08 | 182.29 |
199 | 4.38 | 4.30 | 0.08 | 177.99 |
200 | 4.38 | 4.31 | 0.07 | 173.69 |
201 | 4.38 | 4.31 | 0.07 | 169.38 |
202 | 4.38 | 4.31 | 0.07 | 165.07 |
203 | 4.38 | 4.31 | 0.07 | 160.76 |
204 | 4.38 | 4.31 | 0.07 | 156.45 |
205 | 4.38 | 4.31 | 0.07 | 152.13 |
206 | 4.38 | 4.32 | 0.06 | 147.82 |
207 | 4.38 | 4.32 | 0.06 | 143.50 |
208 | 4.38 | 4.32 | 0.06 | 139.18 |
209 | 4.38 | 4.32 | 0.06 | 134.86 |
210 | 4.38 | 4.32 | 0.06 | 130.54 |
211 | 4.38 | 4.32 | 0.05 | 126.21 |
212 | 4.38 | 4.33 | 0.05 | 121.88 |
213 | 4.38 | 4.33 | 0.05 | 117.56 |
214 | 4.38 | 4.33 | 0.05 | 113.22 |
215 | 4.38 | 4.33 | 0.05 | 108.89 |
216 | 4.38 | 4.33 | 0.05 | 104.56 |
217 | 4.38 | 4.34 | 0.04 | 100.22 |
218 | 4.38 | 4.34 | 0.04 | 95.89 |
219 | 4.38 | 4.34 | 0.04 | 91.55 |
220 | 4.38 | 4.34 | 0.04 | 87.20 |
221 | 4.38 | 4.34 | 0.04 | 82.86 |
222 | 4.38 | 4.34 | 0.03 | 78.52 |
223 | 4.38 | 4.35 | 0.03 | 74.17 |
224 | 4.38 | 4.35 | 0.03 | 69.82 |
225 | 4.38 | 4.35 | 0.03 | 65.47 |
226 | 4.38 | 4.35 | 0.03 | 61.12 |
227 | 4.38 | 4.35 | 0.03 | 56.77 |
228 | 4.38 | 4.36 | 0.02 | 52.41 |
229 | 4.38 | 4.36 | 0.02 | 48.05 |
230 | 4.38 | 4.36 | 0.02 | 43.69 |
231 | 4.38 | 4.36 | 0.02 | 39.33 |
232 | 4.38 | 4.36 | 0.02 | 34.97 |
233 | 4.38 | 4.36 | 0.01 | 30.60 |
234 | 4.38 | 4.37 | 0.01 | 26.24 |
235 | 4.38 | 4.37 | 0.01 | 21.87 |
236 | 4.38 | 4.37 | 0.01 | 17.50 |
237 | 4.38 | 4.37 | 0.01 | 13.13 |
238 | 4.38 | 4.37 | 0.01 | 8.75 |
239 | 4.38 | 4.38 | 0.00 | 4.38 |
240 | 4.38 | 4.38 | 0.00 | 0.00 |