Mortgage Loan of $1,000 for 20 Years at 8.00%
What's the payment on a 20 year home loan for $1k at 8.00% interest?
Results
Monthly payment: $8.36
$100 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 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 | 8.36 | 1.70 | 6.67 | 998.30 |
2 | 8.36 | 1.71 | 6.66 | 996.59 |
3 | 8.36 | 1.72 | 6.64 | 994.87 |
4 | 8.36 | 1.73 | 6.63 | 993.14 |
5 | 8.36 | 1.74 | 6.62 | 991.40 |
6 | 8.36 | 1.76 | 6.61 | 989.64 |
7 | 8.36 | 1.77 | 6.60 | 987.88 |
8 | 8.36 | 1.78 | 6.59 | 986.10 |
9 | 8.36 | 1.79 | 6.57 | 984.31 |
10 | 8.36 | 1.80 | 6.56 | 982.50 |
11 | 8.36 | 1.81 | 6.55 | 980.69 |
12 | 8.36 | 1.83 | 6.54 | 978.86 |
13 | 8.36 | 1.84 | 6.53 | 977.02 |
14 | 8.36 | 1.85 | 6.51 | 975.17 |
15 | 8.36 | 1.86 | 6.50 | 973.31 |
16 | 8.36 | 1.88 | 6.49 | 971.43 |
17 | 8.36 | 1.89 | 6.48 | 969.55 |
18 | 8.36 | 1.90 | 6.46 | 967.65 |
19 | 8.36 | 1.91 | 6.45 | 965.73 |
20 | 8.36 | 1.93 | 6.44 | 963.81 |
21 | 8.36 | 1.94 | 6.43 | 961.87 |
22 | 8.36 | 1.95 | 6.41 | 959.92 |
23 | 8.36 | 1.96 | 6.40 | 957.95 |
24 | 8.36 | 1.98 | 6.39 | 955.97 |
25 | 8.36 | 1.99 | 6.37 | 953.98 |
26 | 8.36 | 2.00 | 6.36 | 951.98 |
27 | 8.36 | 2.02 | 6.35 | 949.96 |
28 | 8.36 | 2.03 | 6.33 | 947.93 |
29 | 8.36 | 2.04 | 6.32 | 945.88 |
30 | 8.36 | 2.06 | 6.31 | 943.82 |
31 | 8.36 | 2.07 | 6.29 | 941.75 |
32 | 8.36 | 2.09 | 6.28 | 939.67 |
33 | 8.36 | 2.10 | 6.26 | 937.57 |
34 | 8.36 | 2.11 | 6.25 | 935.45 |
35 | 8.36 | 2.13 | 6.24 | 933.32 |
36 | 8.36 | 2.14 | 6.22 | 931.18 |
37 | 8.36 | 2.16 | 6.21 | 929.02 |
38 | 8.36 | 2.17 | 6.19 | 926.85 |
39 | 8.36 | 2.19 | 6.18 | 924.67 |
40 | 8.36 | 2.20 | 6.16 | 922.47 |
41 | 8.36 | 2.21 | 6.15 | 920.25 |
42 | 8.36 | 2.23 | 6.14 | 918.02 |
43 | 8.36 | 2.24 | 6.12 | 915.78 |
44 | 8.36 | 2.26 | 6.11 | 913.52 |
45 | 8.36 | 2.27 | 6.09 | 911.25 |
46 | 8.36 | 2.29 | 6.07 | 908.96 |
47 | 8.36 | 2.30 | 6.06 | 906.65 |
48 | 8.36 | 2.32 | 6.04 | 904.33 |
49 | 8.36 | 2.34 | 6.03 | 902.00 |
50 | 8.36 | 2.35 | 6.01 | 899.65 |
51 | 8.36 | 2.37 | 6.00 | 897.28 |
52 | 8.36 | 2.38 | 5.98 | 894.90 |
53 | 8.36 | 2.40 | 5.97 | 892.50 |
54 | 8.36 | 2.41 | 5.95 | 890.08 |
55 | 8.36 | 2.43 | 5.93 | 887.65 |
56 | 8.36 | 2.45 | 5.92 | 885.21 |
57 | 8.36 | 2.46 | 5.90 | 882.74 |
58 | 8.36 | 2.48 | 5.88 | 880.26 |
59 | 8.36 | 2.50 | 5.87 | 877.77 |
60 | 8.36 | 2.51 | 5.85 | 875.26 |
61 | 8.36 | 2.53 | 5.84 | 872.73 |
62 | 8.36 | 2.55 | 5.82 | 870.18 |
63 | 8.36 | 2.56 | 5.80 | 867.62 |
64 | 8.36 | 2.58 | 5.78 | 865.04 |
65 | 8.36 | 2.60 | 5.77 | 862.44 |
66 | 8.36 | 2.61 | 5.75 | 859.82 |
67 | 8.36 | 2.63 | 5.73 | 857.19 |
68 | 8.36 | 2.65 | 5.71 | 854.54 |
69 | 8.36 | 2.67 | 5.70 | 851.88 |
70 | 8.36 | 2.69 | 5.68 | 849.19 |
71 | 8.36 | 2.70 | 5.66 | 846.49 |
72 | 8.36 | 2.72 | 5.64 | 843.77 |
73 | 8.36 | 2.74 | 5.63 | 841.03 |
74 | 8.36 | 2.76 | 5.61 | 838.27 |
75 | 8.36 | 2.78 | 5.59 | 835.49 |
76 | 8.36 | 2.79 | 5.57 | 832.70 |
77 | 8.36 | 2.81 | 5.55 | 829.89 |
78 | 8.36 | 2.83 | 5.53 | 827.05 |
79 | 8.36 | 2.85 | 5.51 | 824.20 |
80 | 8.36 | 2.87 | 5.49 | 821.33 |
81 | 8.36 | 2.89 | 5.48 | 818.44 |
82 | 8.36 | 2.91 | 5.46 | 815.54 |
83 | 8.36 | 2.93 | 5.44 | 812.61 |
84 | 8.36 | 2.95 | 5.42 | 809.66 |
85 | 8.36 | 2.97 | 5.40 | 806.69 |
86 | 8.36 | 2.99 | 5.38 | 803.71 |
87 | 8.36 | 3.01 | 5.36 | 800.70 |
88 | 8.36 | 3.03 | 5.34 | 797.68 |
89 | 8.36 | 3.05 | 5.32 | 794.63 |
90 | 8.36 | 3.07 | 5.30 | 791.56 |
91 | 8.36 | 3.09 | 5.28 | 788.47 |
92 | 8.36 | 3.11 | 5.26 | 785.37 |
93 | 8.36 | 3.13 | 5.24 | 782.24 |
94 | 8.36 | 3.15 | 5.21 | 779.09 |
95 | 8.36 | 3.17 | 5.19 | 775.92 |
96 | 8.36 | 3.19 | 5.17 | 772.73 |
97 | 8.36 | 3.21 | 5.15 | 769.51 |
98 | 8.36 | 3.23 | 5.13 | 766.28 |
99 | 8.36 | 3.26 | 5.11 | 763.02 |
100 | 8.36 | 3.28 | 5.09 | 759.75 |
101 | 8.36 | 3.30 | 5.06 | 756.45 |
102 | 8.36 | 3.32 | 5.04 | 753.13 |
103 | 8.36 | 3.34 | 5.02 | 749.78 |
104 | 8.36 | 3.37 | 5.00 | 746.42 |
105 | 8.36 | 3.39 | 4.98 | 743.03 |
106 | 8.36 | 3.41 | 4.95 | 739.62 |
107 | 8.36 | 3.43 | 4.93 | 736.18 |
108 | 8.36 | 3.46 | 4.91 | 732.73 |
109 | 8.36 | 3.48 | 4.88 | 729.25 |
110 | 8.36 | 3.50 | 4.86 | 725.74 |
111 | 8.36 | 3.53 | 4.84 | 722.22 |
112 | 8.36 | 3.55 | 4.81 | 718.67 |
113 | 8.36 | 3.57 | 4.79 | 715.10 |
114 | 8.36 | 3.60 | 4.77 | 711.50 |
115 | 8.36 | 3.62 | 4.74 | 707.88 |
116 | 8.36 | 3.65 | 4.72 | 704.23 |
117 | 8.36 | 3.67 | 4.69 | 700.56 |
118 | 8.36 | 3.69 | 4.67 | 696.87 |
119 | 8.36 | 3.72 | 4.65 | 693.15 |
120 | 8.36 | 3.74 | 4.62 | 689.41 |
121 | 8.36 | 3.77 | 4.60 | 685.64 |
122 | 8.36 | 3.79 | 4.57 | 681.84 |
123 | 8.36 | 3.82 | 4.55 | 678.03 |
124 | 8.36 | 3.84 | 4.52 | 674.18 |
125 | 8.36 | 3.87 | 4.49 | 670.31 |
126 | 8.36 | 3.90 | 4.47 | 666.42 |
127 | 8.36 | 3.92 | 4.44 | 662.49 |
128 | 8.36 | 3.95 | 4.42 | 658.55 |
129 | 8.36 | 3.97 | 4.39 | 654.57 |
130 | 8.36 | 4.00 | 4.36 | 650.57 |
131 | 8.36 | 4.03 | 4.34 | 646.54 |
132 | 8.36 | 4.05 | 4.31 | 642.49 |
133 | 8.36 | 4.08 | 4.28 | 638.41 |
134 | 8.36 | 4.11 | 4.26 | 634.30 |
135 | 8.36 | 4.14 | 4.23 | 630.17 |
136 | 8.36 | 4.16 | 4.20 | 626.00 |
137 | 8.36 | 4.19 | 4.17 | 621.81 |
138 | 8.36 | 4.22 | 4.15 | 617.59 |
139 | 8.36 | 4.25 | 4.12 | 613.34 |
140 | 8.36 | 4.28 | 4.09 | 609.07 |
141 | 8.36 | 4.30 | 4.06 | 604.77 |
142 | 8.36 | 4.33 | 4.03 | 600.43 |
143 | 8.36 | 4.36 | 4.00 | 596.07 |
144 | 8.36 | 4.39 | 3.97 | 591.68 |
145 | 8.36 | 4.42 | 3.94 | 587.26 |
146 | 8.36 | 4.45 | 3.92 | 582.81 |
147 | 8.36 | 4.48 | 3.89 | 578.33 |
148 | 8.36 | 4.51 | 3.86 | 573.82 |
149 | 8.36 | 4.54 | 3.83 | 569.28 |
150 | 8.36 | 4.57 | 3.80 | 564.72 |
151 | 8.36 | 4.60 | 3.76 | 560.12 |
152 | 8.36 | 4.63 | 3.73 | 555.49 |
153 | 8.36 | 4.66 | 3.70 | 550.82 |
154 | 8.36 | 4.69 | 3.67 | 546.13 |
155 | 8.36 | 4.72 | 3.64 | 541.41 |
156 | 8.36 | 4.76 | 3.61 | 536.65 |
157 | 8.36 | 4.79 | 3.58 | 531.87 |
158 | 8.36 | 4.82 | 3.55 | 527.05 |
159 | 8.36 | 4.85 | 3.51 | 522.20 |
160 | 8.36 | 4.88 | 3.48 | 517.31 |
161 | 8.36 | 4.92 | 3.45 | 512.40 |
162 | 8.36 | 4.95 | 3.42 | 507.45 |
163 | 8.36 | 4.98 | 3.38 | 502.47 |
164 | 8.36 | 5.01 | 3.35 | 497.45 |
165 | 8.36 | 5.05 | 3.32 | 492.41 |
166 | 8.36 | 5.08 | 3.28 | 487.32 |
167 | 8.36 | 5.12 | 3.25 | 482.21 |
168 | 8.36 | 5.15 | 3.21 | 477.06 |
169 | 8.36 | 5.18 | 3.18 | 471.88 |
170 | 8.36 | 5.22 | 3.15 | 466.66 |
171 | 8.36 | 5.25 | 3.11 | 461.40 |
172 | 8.36 | 5.29 | 3.08 | 456.12 |
173 | 8.36 | 5.32 | 3.04 | 450.79 |
174 | 8.36 | 5.36 | 3.01 | 445.43 |
175 | 8.36 | 5.39 | 2.97 | 440.04 |
176 | 8.36 | 5.43 | 2.93 | 434.61 |
177 | 8.36 | 5.47 | 2.90 | 429.14 |
178 | 8.36 | 5.50 | 2.86 | 423.64 |
179 | 8.36 | 5.54 | 2.82 | 418.10 |
180 | 8.36 | 5.58 | 2.79 | 412.52 |
181 | 8.36 | 5.61 | 2.75 | 406.90 |
182 | 8.36 | 5.65 | 2.71 | 401.25 |
183 | 8.36 | 5.69 | 2.68 | 395.56 |
184 | 8.36 | 5.73 | 2.64 | 389.84 |
185 | 8.36 | 5.77 | 2.60 | 384.07 |
186 | 8.36 | 5.80 | 2.56 | 378.27 |
187 | 8.36 | 5.84 | 2.52 | 372.42 |
188 | 8.36 | 5.88 | 2.48 | 366.54 |
189 | 8.36 | 5.92 | 2.44 | 360.62 |
190 | 8.36 | 5.96 | 2.40 | 354.66 |
191 | 8.36 | 6.00 | 2.36 | 348.66 |
192 | 8.36 | 6.04 | 2.32 | 342.62 |
193 | 8.36 | 6.08 | 2.28 | 336.54 |
194 | 8.36 | 6.12 | 2.24 | 330.42 |
195 | 8.36 | 6.16 | 2.20 | 324.26 |
196 | 8.36 | 6.20 | 2.16 | 318.06 |
197 | 8.36 | 6.24 | 2.12 | 311.81 |
198 | 8.36 | 6.29 | 2.08 | 305.53 |
199 | 8.36 | 6.33 | 2.04 | 299.20 |
200 | 8.36 | 6.37 | 1.99 | 292.83 |
201 | 8.36 | 6.41 | 1.95 | 286.42 |
202 | 8.36 | 6.45 | 1.91 | 279.96 |
203 | 8.36 | 6.50 | 1.87 | 273.46 |
204 | 8.36 | 6.54 | 1.82 | 266.92 |
205 | 8.36 | 6.58 | 1.78 | 260.34 |
206 | 8.36 | 6.63 | 1.74 | 253.71 |
207 | 8.36 | 6.67 | 1.69 | 247.04 |
208 | 8.36 | 6.72 | 1.65 | 240.32 |
209 | 8.36 | 6.76 | 1.60 | 233.56 |
210 | 8.36 | 6.81 | 1.56 | 226.75 |
211 | 8.36 | 6.85 | 1.51 | 219.90 |
212 | 8.36 | 6.90 | 1.47 | 213.00 |
213 | 8.36 | 6.94 | 1.42 | 206.05 |
214 | 8.36 | 6.99 | 1.37 | 199.06 |
215 | 8.36 | 7.04 | 1.33 | 192.03 |
216 | 8.36 | 7.08 | 1.28 | 184.94 |
217 | 8.36 | 7.13 | 1.23 | 177.81 |
218 | 8.36 | 7.18 | 1.19 | 170.63 |
219 | 8.36 | 7.23 | 1.14 | 163.40 |
220 | 8.36 | 7.28 | 1.09 | 156.13 |
221 | 8.36 | 7.32 | 1.04 | 148.81 |
222 | 8.36 | 7.37 | 0.99 | 141.43 |
223 | 8.36 | 7.42 | 0.94 | 134.01 |
224 | 8.36 | 7.47 | 0.89 | 126.54 |
225 | 8.36 | 7.52 | 0.84 | 119.02 |
226 | 8.36 | 7.57 | 0.79 | 111.45 |
227 | 8.36 | 7.62 | 0.74 | 103.83 |
228 | 8.36 | 7.67 | 0.69 | 96.16 |
229 | 8.36 | 7.72 | 0.64 | 88.43 |
230 | 8.36 | 7.77 | 0.59 | 80.66 |
231 | 8.36 | 7.83 | 0.54 | 72.83 |
232 | 8.36 | 7.88 | 0.49 | 64.95 |
233 | 8.36 | 7.93 | 0.43 | 57.02 |
234 | 8.36 | 7.98 | 0.38 | 49.04 |
235 | 8.36 | 8.04 | 0.33 | 41.00 |
236 | 8.36 | 8.09 | 0.27 | 32.91 |
237 | 8.36 | 8.15 | 0.22 | 24.76 |
238 | 8.36 | 8.20 | 0.17 | 16.56 |
239 | 8.36 | 8.25 | 0.11 | 8.31 |
240 | 8.36 | 8.31 | 0.06 | 0.00 |