Mortgage Loan of $1,100 for 20 Years at 7.40%

What's the payment on a 20 year home loan for $1.1k at 7.40% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $8.79
$106 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $1.1k 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 1,100 loan for 20 years at 7.40 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 8.79 2.01 6.78 1,097.99
2 8.79 2.02 6.77 1,095.97
3 8.79 2.04 6.76 1,093.93
4 8.79 2.05 6.75 1,091.88
5 8.79 2.06 6.73 1,089.82
6 8.79 2.07 6.72 1,087.75
7 8.79 2.09 6.71 1,085.66
8 8.79 2.10 6.69 1,083.56
9 8.79 2.11 6.68 1,081.45
10 8.79 2.13 6.67 1,079.32
11 8.79 2.14 6.66 1,077.18
12 8.79 2.15 6.64 1,075.03
13 8.79 2.17 6.63 1,072.87
14 8.79 2.18 6.62 1,070.69
15 8.79 2.19 6.60 1,068.50
16 8.79 2.21 6.59 1,066.29
17 8.79 2.22 6.58 1,064.07
18 8.79 2.23 6.56 1,061.84
19 8.79 2.25 6.55 1,059.59
20 8.79 2.26 6.53 1,057.33
21 8.79 2.27 6.52 1,055.06
22 8.79 2.29 6.51 1,052.77
23 8.79 2.30 6.49 1,050.47
24 8.79 2.32 6.48 1,048.15
25 8.79 2.33 6.46 1,045.82
26 8.79 2.35 6.45 1,043.48
27 8.79 2.36 6.43 1,041.12
28 8.79 2.37 6.42 1,038.74
29 8.79 2.39 6.41 1,036.35
30 8.79 2.40 6.39 1,033.95
31 8.79 2.42 6.38 1,031.53
32 8.79 2.43 6.36 1,029.10
33 8.79 2.45 6.35 1,026.65
34 8.79 2.46 6.33 1,024.19
35 8.79 2.48 6.32 1,021.71
36 8.79 2.49 6.30 1,019.21
37 8.79 2.51 6.29 1,016.70
38 8.79 2.52 6.27 1,014.18
39 8.79 2.54 6.25 1,011.64
40 8.79 2.56 6.24 1,009.08
41 8.79 2.57 6.22 1,006.51
42 8.79 2.59 6.21 1,003.92
43 8.79 2.60 6.19 1,001.32
44 8.79 2.62 6.17 998.70
45 8.79 2.64 6.16 996.07
46 8.79 2.65 6.14 993.41
47 8.79 2.67 6.13 990.75
48 8.79 2.68 6.11 988.06
49 8.79 2.70 6.09 985.36
50 8.79 2.72 6.08 982.64
51 8.79 2.73 6.06 979.91
52 8.79 2.75 6.04 977.16
53 8.79 2.77 6.03 974.39
54 8.79 2.79 6.01 971.60
55 8.79 2.80 5.99 968.80
56 8.79 2.82 5.97 965.98
57 8.79 2.84 5.96 963.14
58 8.79 2.86 5.94 960.29
59 8.79 2.87 5.92 957.41
60 8.79 2.89 5.90 954.52
61 8.79 2.91 5.89 951.61
62 8.79 2.93 5.87 948.69
63 8.79 2.94 5.85 945.74
64 8.79 2.96 5.83 942.78
65 8.79 2.98 5.81 939.80
66 8.79 3.00 5.80 936.80
67 8.79 3.02 5.78 933.78
68 8.79 3.04 5.76 930.75
69 8.79 3.05 5.74 927.69
70 8.79 3.07 5.72 924.62
71 8.79 3.09 5.70 921.53
72 8.79 3.11 5.68 918.42
73 8.79 3.13 5.66 915.29
74 8.79 3.15 5.64 912.14
75 8.79 3.17 5.62 908.97
76 8.79 3.19 5.61 905.78
77 8.79 3.21 5.59 902.57
78 8.79 3.23 5.57 899.34
79 8.79 3.25 5.55 896.09
80 8.79 3.27 5.53 892.82
81 8.79 3.29 5.51 889.53
82 8.79 3.31 5.49 886.22
83 8.79 3.33 5.47 882.90
84 8.79 3.35 5.44 879.55
85 8.79 3.37 5.42 876.17
86 8.79 3.39 5.40 872.78
87 8.79 3.41 5.38 869.37
88 8.79 3.43 5.36 865.94
89 8.79 3.45 5.34 862.48
90 8.79 3.48 5.32 859.01
91 8.79 3.50 5.30 855.51
92 8.79 3.52 5.28 851.99
93 8.79 3.54 5.25 848.45
94 8.79 3.56 5.23 844.89
95 8.79 3.58 5.21 841.31
96 8.79 3.61 5.19 837.70
97 8.79 3.63 5.17 834.07
98 8.79 3.65 5.14 830.42
99 8.79 3.67 5.12 826.75
100 8.79 3.70 5.10 823.05
101 8.79 3.72 5.08 819.33
102 8.79 3.74 5.05 815.59
103 8.79 3.76 5.03 811.82
104 8.79 3.79 5.01 808.04
105 8.79 3.81 4.98 804.22
106 8.79 3.84 4.96 800.39
107 8.79 3.86 4.94 796.53
108 8.79 3.88 4.91 792.65
109 8.79 3.91 4.89 788.74
110 8.79 3.93 4.86 784.81
111 8.79 3.95 4.84 780.86
112 8.79 3.98 4.82 776.88
113 8.79 4.00 4.79 772.87
114 8.79 4.03 4.77 768.85
115 8.79 4.05 4.74 764.79
116 8.79 4.08 4.72 760.71
117 8.79 4.10 4.69 756.61
118 8.79 4.13 4.67 752.48
119 8.79 4.15 4.64 748.33
120 8.79 4.18 4.61 744.15
121 8.79 4.21 4.59 739.94
122 8.79 4.23 4.56 735.71
123 8.79 4.26 4.54 731.45
124 8.79 4.28 4.51 727.17
125 8.79 4.31 4.48 722.86
126 8.79 4.34 4.46 718.52
127 8.79 4.36 4.43 714.16
128 8.79 4.39 4.40 709.77
129 8.79 4.42 4.38 705.35
130 8.79 4.44 4.35 700.91
131 8.79 4.47 4.32 696.44
132 8.79 4.50 4.29 691.94
133 8.79 4.53 4.27 687.41
134 8.79 4.56 4.24 682.85
135 8.79 4.58 4.21 678.27
136 8.79 4.61 4.18 673.66
137 8.79 4.64 4.15 669.02
138 8.79 4.67 4.13 664.35
139 8.79 4.70 4.10 659.65
140 8.79 4.73 4.07 654.92
141 8.79 4.76 4.04 650.17
142 8.79 4.79 4.01 645.38
143 8.79 4.81 3.98 640.57
144 8.79 4.84 3.95 635.73
145 8.79 4.87 3.92 630.85
146 8.79 4.90 3.89 625.95
147 8.79 4.93 3.86 621.01
148 8.79 4.96 3.83 616.05
149 8.79 5.00 3.80 611.05
150 8.79 5.03 3.77 606.03
151 8.79 5.06 3.74 600.97
152 8.79 5.09 3.71 595.88
153 8.79 5.12 3.67 590.76
154 8.79 5.15 3.64 585.61
155 8.79 5.18 3.61 580.43
156 8.79 5.22 3.58 575.21
157 8.79 5.25 3.55 569.96
158 8.79 5.28 3.51 564.68
159 8.79 5.31 3.48 559.37
160 8.79 5.34 3.45 554.03
161 8.79 5.38 3.42 548.65
162 8.79 5.41 3.38 543.24
163 8.79 5.44 3.35 537.79
164 8.79 5.48 3.32 532.32
165 8.79 5.51 3.28 526.80
166 8.79 5.55 3.25 521.26
167 8.79 5.58 3.21 515.68
168 8.79 5.61 3.18 510.06
169 8.79 5.65 3.15 504.42
170 8.79 5.68 3.11 498.73
171 8.79 5.72 3.08 493.01
172 8.79 5.75 3.04 487.26
173 8.79 5.79 3.00 481.47
174 8.79 5.83 2.97 475.64
175 8.79 5.86 2.93 469.78
176 8.79 5.90 2.90 463.88
177 8.79 5.93 2.86 457.95
178 8.79 5.97 2.82 451.98
179 8.79 6.01 2.79 445.97
180 8.79 6.04 2.75 439.93
181 8.79 6.08 2.71 433.85
182 8.79 6.12 2.68 427.73
183 8.79 6.16 2.64 421.57
184 8.79 6.19 2.60 415.38
185 8.79 6.23 2.56 409.14
186 8.79 6.27 2.52 402.87
187 8.79 6.31 2.48 396.56
188 8.79 6.35 2.45 390.21
189 8.79 6.39 2.41 383.83
190 8.79 6.43 2.37 377.40
191 8.79 6.47 2.33 370.93
192 8.79 6.51 2.29 364.42
193 8.79 6.55 2.25 357.88
194 8.79 6.59 2.21 351.29
195 8.79 6.63 2.17 344.66
196 8.79 6.67 2.13 337.99
197 8.79 6.71 2.08 331.28
198 8.79 6.75 2.04 324.53
199 8.79 6.79 2.00 317.74
200 8.79 6.84 1.96 310.90
201 8.79 6.88 1.92 304.03
202 8.79 6.92 1.87 297.11
203 8.79 6.96 1.83 290.14
204 8.79 7.01 1.79 283.14
205 8.79 7.05 1.75 276.09
206 8.79 7.09 1.70 269.00
207 8.79 7.14 1.66 261.86
208 8.79 7.18 1.61 254.68
209 8.79 7.22 1.57 247.46
210 8.79 7.27 1.53 240.19
211 8.79 7.31 1.48 232.88
212 8.79 7.36 1.44 225.52
213 8.79 7.40 1.39 218.12
214 8.79 7.45 1.35 210.67
215 8.79 7.50 1.30 203.17
216 8.79 7.54 1.25 195.63
217 8.79 7.59 1.21 188.04
218 8.79 7.63 1.16 180.41
219 8.79 7.68 1.11 172.73
220 8.79 7.73 1.07 165.00
221 8.79 7.78 1.02 157.22
222 8.79 7.82 0.97 149.39
223 8.79 7.87 0.92 141.52
224 8.79 7.92 0.87 133.60
225 8.79 7.97 0.82 125.63
226 8.79 8.02 0.77 117.61
227 8.79 8.07 0.73 109.54
228 8.79 8.12 0.68 101.42
229 8.79 8.17 0.63 93.25
230 8.79 8.22 0.58 85.03
231 8.79 8.27 0.52 76.76
232 8.79 8.32 0.47 68.44
233 8.79 8.37 0.42 60.07
234 8.79 8.42 0.37 51.65
235 8.79 8.48 0.32 43.17
236 8.79 8.53 0.27 34.64
237 8.79 8.58 0.21 26.06
238 8.79 8.63 0.16 17.43
239 8.79 8.69 0.11 8.74
240 8.79 8.74 0.05 0.00