Mortgage Loan of $1,100 for 20 Years at 8.60%

What's the payment on a 20 year home loan for $1.1k at 8.60% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $9.62
$115 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 8.60 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 9.62 1.73 7.88 1,098.27
2 9.62 1.74 7.87 1,096.52
3 9.62 1.76 7.86 1,094.77
4 9.62 1.77 7.85 1,093.00
5 9.62 1.78 7.83 1,091.21
6 9.62 1.80 7.82 1,089.42
7 9.62 1.81 7.81 1,087.61
8 9.62 1.82 7.79 1,085.79
9 9.62 1.83 7.78 1,083.95
10 9.62 1.85 7.77 1,082.11
11 9.62 1.86 7.76 1,080.25
12 9.62 1.87 7.74 1,078.37
13 9.62 1.89 7.73 1,076.48
14 9.62 1.90 7.71 1,074.58
15 9.62 1.91 7.70 1,072.67
16 9.62 1.93 7.69 1,070.74
17 9.62 1.94 7.67 1,068.80
18 9.62 1.96 7.66 1,066.84
19 9.62 1.97 7.65 1,064.87
20 9.62 1.98 7.63 1,062.89
21 9.62 2.00 7.62 1,060.89
22 9.62 2.01 7.60 1,058.88
23 9.62 2.03 7.59 1,056.85
24 9.62 2.04 7.57 1,054.81
25 9.62 2.06 7.56 1,052.75
26 9.62 2.07 7.54 1,050.68
27 9.62 2.09 7.53 1,048.59
28 9.62 2.10 7.51 1,046.49
29 9.62 2.12 7.50 1,044.38
30 9.62 2.13 7.48 1,042.25
31 9.62 2.15 7.47 1,040.10
32 9.62 2.16 7.45 1,037.94
33 9.62 2.18 7.44 1,035.76
34 9.62 2.19 7.42 1,033.57
35 9.62 2.21 7.41 1,031.36
36 9.62 2.22 7.39 1,029.13
37 9.62 2.24 7.38 1,026.89
38 9.62 2.26 7.36 1,024.64
39 9.62 2.27 7.34 1,022.37
40 9.62 2.29 7.33 1,020.08
41 9.62 2.31 7.31 1,017.77
42 9.62 2.32 7.29 1,015.45
43 9.62 2.34 7.28 1,013.11
44 9.62 2.36 7.26 1,010.76
45 9.62 2.37 7.24 1,008.38
46 9.62 2.39 7.23 1,006.00
47 9.62 2.41 7.21 1,003.59
48 9.62 2.42 7.19 1,001.17
49 9.62 2.44 7.18 998.72
50 9.62 2.46 7.16 996.27
51 9.62 2.48 7.14 993.79
52 9.62 2.49 7.12 991.30
53 9.62 2.51 7.10 988.79
54 9.62 2.53 7.09 986.26
55 9.62 2.55 7.07 983.71
56 9.62 2.57 7.05 981.14
57 9.62 2.58 7.03 978.56
58 9.62 2.60 7.01 975.96
59 9.62 2.62 6.99 973.33
60 9.62 2.64 6.98 970.69
61 9.62 2.66 6.96 968.03
62 9.62 2.68 6.94 965.36
63 9.62 2.70 6.92 962.66
64 9.62 2.72 6.90 959.94
65 9.62 2.74 6.88 957.21
66 9.62 2.76 6.86 954.45
67 9.62 2.78 6.84 951.67
68 9.62 2.80 6.82 948.88
69 9.62 2.82 6.80 946.06
70 9.62 2.84 6.78 943.23
71 9.62 2.86 6.76 940.37
72 9.62 2.88 6.74 937.50
73 9.62 2.90 6.72 934.60
74 9.62 2.92 6.70 931.68
75 9.62 2.94 6.68 928.74
76 9.62 2.96 6.66 925.78
77 9.62 2.98 6.63 922.80
78 9.62 3.00 6.61 919.80
79 9.62 3.02 6.59 916.77
80 9.62 3.05 6.57 913.73
81 9.62 3.07 6.55 910.66
82 9.62 3.09 6.53 907.57
83 9.62 3.11 6.50 904.46
84 9.62 3.13 6.48 901.33
85 9.62 3.16 6.46 898.17
86 9.62 3.18 6.44 894.99
87 9.62 3.20 6.41 891.79
88 9.62 3.22 6.39 888.57
89 9.62 3.25 6.37 885.32
90 9.62 3.27 6.34 882.05
91 9.62 3.29 6.32 878.75
92 9.62 3.32 6.30 875.43
93 9.62 3.34 6.27 872.09
94 9.62 3.37 6.25 868.73
95 9.62 3.39 6.23 865.34
96 9.62 3.41 6.20 861.92
97 9.62 3.44 6.18 858.48
98 9.62 3.46 6.15 855.02
99 9.62 3.49 6.13 851.53
100 9.62 3.51 6.10 848.02
101 9.62 3.54 6.08 844.48
102 9.62 3.56 6.05 840.92
103 9.62 3.59 6.03 837.33
104 9.62 3.61 6.00 833.71
105 9.62 3.64 5.97 830.07
106 9.62 3.67 5.95 826.41
107 9.62 3.69 5.92 822.71
108 9.62 3.72 5.90 818.99
109 9.62 3.75 5.87 815.25
110 9.62 3.77 5.84 811.47
111 9.62 3.80 5.82 807.67
112 9.62 3.83 5.79 803.85
113 9.62 3.85 5.76 799.99
114 9.62 3.88 5.73 796.11
115 9.62 3.91 5.71 792.20
116 9.62 3.94 5.68 788.26
117 9.62 3.97 5.65 784.29
118 9.62 4.00 5.62 780.30
119 9.62 4.02 5.59 776.27
120 9.62 4.05 5.56 772.22
121 9.62 4.08 5.53 768.14
122 9.62 4.11 5.51 764.03
123 9.62 4.14 5.48 759.89
124 9.62 4.17 5.45 755.72
125 9.62 4.20 5.42 751.52
126 9.62 4.23 5.39 747.29
127 9.62 4.26 5.36 743.03
128 9.62 4.29 5.33 738.74
129 9.62 4.32 5.29 734.42
130 9.62 4.35 5.26 730.06
131 9.62 4.38 5.23 725.68
132 9.62 4.42 5.20 721.27
133 9.62 4.45 5.17 716.82
134 9.62 4.48 5.14 712.34
135 9.62 4.51 5.11 707.83
136 9.62 4.54 5.07 703.29
137 9.62 4.58 5.04 698.71
138 9.62 4.61 5.01 694.10
139 9.62 4.64 4.97 689.46
140 9.62 4.67 4.94 684.79
141 9.62 4.71 4.91 680.08
142 9.62 4.74 4.87 675.34
143 9.62 4.78 4.84 670.56
144 9.62 4.81 4.81 665.75
145 9.62 4.84 4.77 660.91
146 9.62 4.88 4.74 656.03
147 9.62 4.91 4.70 651.11
148 9.62 4.95 4.67 646.16
149 9.62 4.98 4.63 641.18
150 9.62 5.02 4.60 636.16
151 9.62 5.06 4.56 631.10
152 9.62 5.09 4.52 626.01
153 9.62 5.13 4.49 620.88
154 9.62 5.17 4.45 615.71
155 9.62 5.20 4.41 610.51
156 9.62 5.24 4.38 605.27
157 9.62 5.28 4.34 599.99
158 9.62 5.32 4.30 594.67
159 9.62 5.35 4.26 589.32
160 9.62 5.39 4.22 583.93
161 9.62 5.43 4.18 578.50
162 9.62 5.47 4.15 573.03
163 9.62 5.51 4.11 567.52
164 9.62 5.55 4.07 561.97
165 9.62 5.59 4.03 556.38
166 9.62 5.63 3.99 550.75
167 9.62 5.67 3.95 545.08
168 9.62 5.71 3.91 539.37
169 9.62 5.75 3.87 533.62
170 9.62 5.79 3.82 527.83
171 9.62 5.83 3.78 522.00
172 9.62 5.87 3.74 516.13
173 9.62 5.92 3.70 510.21
174 9.62 5.96 3.66 504.25
175 9.62 6.00 3.61 498.25
176 9.62 6.05 3.57 492.20
177 9.62 6.09 3.53 486.11
178 9.62 6.13 3.48 479.98
179 9.62 6.18 3.44 473.81
180 9.62 6.22 3.40 467.59
181 9.62 6.26 3.35 461.32
182 9.62 6.31 3.31 455.01
183 9.62 6.35 3.26 448.66
184 9.62 6.40 3.22 442.26
185 9.62 6.45 3.17 435.81
186 9.62 6.49 3.12 429.32
187 9.62 6.54 3.08 422.78
188 9.62 6.59 3.03 416.19
189 9.62 6.63 2.98 409.56
190 9.62 6.68 2.94 402.88
191 9.62 6.73 2.89 396.15
192 9.62 6.78 2.84 389.37
193 9.62 6.83 2.79 382.55
194 9.62 6.87 2.74 375.67
195 9.62 6.92 2.69 368.75
196 9.62 6.97 2.64 361.78
197 9.62 7.02 2.59 354.75
198 9.62 7.07 2.54 347.68
199 9.62 7.12 2.49 340.56
200 9.62 7.18 2.44 333.38
201 9.62 7.23 2.39 326.16
202 9.62 7.28 2.34 318.88
203 9.62 7.33 2.29 311.55
204 9.62 7.38 2.23 304.16
205 9.62 7.44 2.18 296.73
206 9.62 7.49 2.13 289.24
207 9.62 7.54 2.07 281.70
208 9.62 7.60 2.02 274.10
209 9.62 7.65 1.96 266.45
210 9.62 7.71 1.91 258.74
211 9.62 7.76 1.85 250.98
212 9.62 7.82 1.80 243.16
213 9.62 7.87 1.74 235.29
214 9.62 7.93 1.69 227.36
215 9.62 7.99 1.63 219.37
216 9.62 8.04 1.57 211.33
217 9.62 8.10 1.51 203.23
218 9.62 8.16 1.46 195.07
219 9.62 8.22 1.40 186.85
220 9.62 8.28 1.34 178.57
221 9.62 8.34 1.28 170.24
222 9.62 8.40 1.22 161.84
223 9.62 8.46 1.16 153.39
224 9.62 8.52 1.10 144.87
225 9.62 8.58 1.04 136.29
226 9.62 8.64 0.98 127.65
227 9.62 8.70 0.91 118.95
228 9.62 8.76 0.85 110.19
229 9.62 8.83 0.79 101.36
230 9.62 8.89 0.73 92.47
231 9.62 8.95 0.66 83.52
232 9.62 9.02 0.60 74.50
233 9.62 9.08 0.53 65.42
234 9.62 9.15 0.47 56.27
235 9.62 9.21 0.40 47.06
236 9.62 9.28 0.34 37.78
237 9.62 9.35 0.27 28.44
238 9.62 9.41 0.20 19.03
239 9.62 9.48 0.14 9.55
240 9.62 9.55 0.07 0.00