Mortgage Loan of $118,000 for 20 Years at 8.375%

What's the payment on a 20 year home loan for $118k at 8.375% interest?
Loan Amount
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Length
Interest Rate
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Results
Monthly payment: $1,014.72
$12,177 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $118k 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 118,000 loan for 20 years at 8.375 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 1,014.72 191.17 823.54 117,808.83
2 1,014.72 192.51 822.21 117,616.32
3 1,014.72 193.85 820.86 117,422.47
4 1,014.72 195.20 819.51 117,227.26
5 1,014.72 196.57 818.15 117,030.70
6 1,014.72 197.94 816.78 116,832.76
7 1,014.72 199.32 815.40 116,633.44
8 1,014.72 200.71 814.00 116,432.73
9 1,014.72 202.11 812.60 116,230.62
10 1,014.72 203.52 811.19 116,027.09
11 1,014.72 204.94 809.77 115,822.15
12 1,014.72 206.37 808.34 115,615.78
13 1,014.72 207.81 806.90 115,407.96
14 1,014.72 209.26 805.45 115,198.70
15 1,014.72 210.72 803.99 114,987.98
16 1,014.72 212.19 802.52 114,775.78
17 1,014.72 213.68 801.04 114,562.11
18 1,014.72 215.17 799.55 114,346.94
19 1,014.72 216.67 798.05 114,130.27
20 1,014.72 218.18 796.53 113,912.09
21 1,014.72 219.70 795.01 113,692.39
22 1,014.72 221.24 793.48 113,471.15
23 1,014.72 222.78 791.93 113,248.37
24 1,014.72 224.34 790.38 113,024.03
25 1,014.72 225.90 788.81 112,798.13
26 1,014.72 227.48 787.24 112,570.65
27 1,014.72 229.07 785.65 112,341.59
28 1,014.72 230.66 784.05 112,110.92
29 1,014.72 232.27 782.44 111,878.65
30 1,014.72 233.90 780.82 111,644.75
31 1,014.72 235.53 779.19 111,409.22
32 1,014.72 237.17 777.54 111,172.05
33 1,014.72 238.83 775.89 110,933.23
34 1,014.72 240.49 774.22 110,692.73
35 1,014.72 242.17 772.54 110,450.56
36 1,014.72 243.86 770.85 110,206.70
37 1,014.72 245.56 769.15 109,961.13
38 1,014.72 247.28 767.44 109,713.86
39 1,014.72 249.00 765.71 109,464.85
40 1,014.72 250.74 763.97 109,214.11
41 1,014.72 252.49 762.22 108,961.62
42 1,014.72 254.25 760.46 108,707.36
43 1,014.72 256.03 758.69 108,451.34
44 1,014.72 257.82 756.90 108,193.52
45 1,014.72 259.61 755.10 107,933.91
46 1,014.72 261.43 753.29 107,672.48
47 1,014.72 263.25 751.46 107,409.23
48 1,014.72 265.09 749.63 107,144.14
49 1,014.72 266.94 747.78 106,877.20
50 1,014.72 268.80 745.91 106,608.40
51 1,014.72 270.68 744.04 106,337.72
52 1,014.72 272.57 742.15 106,065.16
53 1,014.72 274.47 740.25 105,790.69
54 1,014.72 276.38 738.33 105,514.30
55 1,014.72 278.31 736.40 105,235.99
56 1,014.72 280.26 734.46 104,955.74
57 1,014.72 282.21 732.50 104,673.52
58 1,014.72 284.18 730.53 104,389.34
59 1,014.72 286.16 728.55 104,103.18
60 1,014.72 288.16 726.55 103,815.02
61 1,014.72 290.17 724.54 103,524.84
62 1,014.72 292.20 722.52 103,232.65
63 1,014.72 294.24 720.48 102,938.41
64 1,014.72 296.29 718.42 102,642.12
65 1,014.72 298.36 716.36 102,343.76
66 1,014.72 300.44 714.27 102,043.32
67 1,014.72 302.54 712.18 101,740.78
68 1,014.72 304.65 710.07 101,436.13
69 1,014.72 306.78 707.94 101,129.36
70 1,014.72 308.92 705.80 100,820.44
71 1,014.72 311.07 703.64 100,509.37
72 1,014.72 313.24 701.47 100,196.12
73 1,014.72 315.43 699.29 99,880.69
74 1,014.72 317.63 697.08 99,563.06
75 1,014.72 319.85 694.87 99,243.21
76 1,014.72 322.08 692.63 98,921.13
77 1,014.72 324.33 690.39 98,596.81
78 1,014.72 326.59 688.12 98,270.21
79 1,014.72 328.87 685.84 97,941.34
80 1,014.72 331.17 683.55 97,610.18
81 1,014.72 333.48 681.24 97,276.70
82 1,014.72 335.80 678.91 96,940.90
83 1,014.72 338.15 676.57 96,602.75
84 1,014.72 340.51 674.21 96,262.24
85 1,014.72 342.88 671.83 95,919.35
86 1,014.72 345.28 669.44 95,574.08
87 1,014.72 347.69 667.03 95,226.39
88 1,014.72 350.11 664.60 94,876.27
89 1,014.72 352.56 662.16 94,523.72
90 1,014.72 355.02 659.70 94,168.70
91 1,014.72 357.50 657.22 93,811.20
92 1,014.72 359.99 654.72 93,451.21
93 1,014.72 362.50 652.21 93,088.71
94 1,014.72 365.03 649.68 92,723.67
95 1,014.72 367.58 647.13 92,356.09
96 1,014.72 370.15 644.57 91,985.95
97 1,014.72 372.73 641.99 91,613.22
98 1,014.72 375.33 639.38 91,237.88
99 1,014.72 377.95 636.76 90,859.93
100 1,014.72 380.59 634.13 90,479.34
101 1,014.72 383.24 631.47 90,096.10
102 1,014.72 385.92 628.80 89,710.18
103 1,014.72 388.61 626.10 89,321.57
104 1,014.72 391.33 623.39 88,930.24
105 1,014.72 394.06 620.66 88,536.19
106 1,014.72 396.81 617.91 88,139.38
107 1,014.72 399.58 615.14 87,739.80
108 1,014.72 402.36 612.35 87,337.44
109 1,014.72 405.17 609.54 86,932.27
110 1,014.72 408.00 606.71 86,524.27
111 1,014.72 410.85 603.87 86,113.42
112 1,014.72 413.72 601.00 85,699.70
113 1,014.72 416.60 598.11 85,283.10
114 1,014.72 419.51 595.20 84,863.59
115 1,014.72 422.44 592.28 84,441.15
116 1,014.72 425.39 589.33 84,015.77
117 1,014.72 428.36 586.36 83,587.41
118 1,014.72 431.34 583.37 83,156.07
119 1,014.72 434.36 580.36 82,721.71
120 1,014.72 437.39 577.33 82,284.33
121 1,014.72 440.44 574.28 81,843.89
122 1,014.72 443.51 571.20 81,400.37
123 1,014.72 446.61 568.11 80,953.77
124 1,014.72 449.73 564.99 80,504.04
125 1,014.72 452.86 561.85 80,051.18
126 1,014.72 456.02 558.69 79,595.15
127 1,014.72 459.21 555.51 79,135.94
128 1,014.72 462.41 552.30 78,673.53
129 1,014.72 465.64 549.08 78,207.89
130 1,014.72 468.89 545.83 77,739.00
131 1,014.72 472.16 542.55 77,266.84
132 1,014.72 475.46 539.26 76,791.38
133 1,014.72 478.78 535.94 76,312.61
134 1,014.72 482.12 532.60 75,830.49
135 1,014.72 485.48 529.23 75,345.01
136 1,014.72 488.87 525.85 74,856.14
137 1,014.72 492.28 522.43 74,363.86
138 1,014.72 495.72 519.00 73,868.14
139 1,014.72 499.18 515.54 73,368.97
140 1,014.72 502.66 512.05 72,866.30
141 1,014.72 506.17 508.55 72,360.14
142 1,014.72 509.70 505.01 71,850.43
143 1,014.72 513.26 501.46 71,337.18
144 1,014.72 516.84 497.87 70,820.33
145 1,014.72 520.45 494.27 70,299.89
146 1,014.72 524.08 490.63 69,775.81
147 1,014.72 527.74 486.98 69,248.07
148 1,014.72 531.42 483.29 68,716.65
149 1,014.72 535.13 479.58 68,181.52
150 1,014.72 538.86 475.85 67,642.65
151 1,014.72 542.63 472.09 67,100.02
152 1,014.72 546.41 468.30 66,553.61
153 1,014.72 550.23 464.49 66,003.39
154 1,014.72 554.07 460.65 65,449.32
155 1,014.72 557.93 456.78 64,891.39
156 1,014.72 561.83 452.89 64,329.56
157 1,014.72 565.75 448.97 63,763.81
158 1,014.72 569.70 445.02 63,194.11
159 1,014.72 573.67 441.04 62,620.44
160 1,014.72 577.68 437.04 62,042.76
161 1,014.72 581.71 433.01 61,461.06
162 1,014.72 585.77 428.95 60,875.29
163 1,014.72 589.86 424.86 60,285.43
164 1,014.72 593.97 420.74 59,691.46
165 1,014.72 598.12 416.60 59,093.34
166 1,014.72 602.29 412.42 58,491.05
167 1,014.72 606.50 408.22 57,884.55
168 1,014.72 610.73 403.99 57,273.82
169 1,014.72 614.99 399.72 56,658.83
170 1,014.72 619.28 395.43 56,039.55
171 1,014.72 623.61 391.11 55,415.94
172 1,014.72 627.96 386.76 54,787.98
173 1,014.72 632.34 382.37 54,155.64
174 1,014.72 636.75 377.96 53,518.89
175 1,014.72 641.20 373.52 52,877.69
176 1,014.72 645.67 369.04 52,232.02
177 1,014.72 650.18 364.54 51,581.84
178 1,014.72 654.72 360.00 50,927.12
179 1,014.72 659.29 355.43 50,267.83
180 1,014.72 663.89 350.83 49,603.95
181 1,014.72 668.52 346.19 48,935.43
182 1,014.72 673.19 341.53 48,262.24
183 1,014.72 677.88 336.83 47,584.35
184 1,014.72 682.62 332.10 46,901.74
185 1,014.72 687.38 327.34 46,214.36
186 1,014.72 692.18 322.54 45,522.18
187 1,014.72 697.01 317.71 44,825.17
188 1,014.72 701.87 312.84 44,123.30
189 1,014.72 706.77 307.94 43,416.53
190 1,014.72 711.70 303.01 42,704.82
191 1,014.72 716.67 298.04 41,988.15
192 1,014.72 721.67 293.04 41,266.48
193 1,014.72 726.71 288.01 40,539.77
194 1,014.72 731.78 282.93 39,807.99
195 1,014.72 736.89 277.83 39,071.10
196 1,014.72 742.03 272.68 38,329.07
197 1,014.72 747.21 267.50 37,581.86
198 1,014.72 752.43 262.29 36,829.43
199 1,014.72 757.68 257.04 36,071.76
200 1,014.72 762.96 251.75 35,308.79
201 1,014.72 768.29 246.43 34,540.50
202 1,014.72 773.65 241.06 33,766.85
203 1,014.72 779.05 235.66 32,987.80
204 1,014.72 784.49 230.23 32,203.31
205 1,014.72 789.96 224.75 31,413.35
206 1,014.72 795.48 219.24 30,617.88
207 1,014.72 801.03 213.69 29,816.85
208 1,014.72 806.62 208.10 29,010.23
209 1,014.72 812.25 202.47 28,197.98
210 1,014.72 817.92 196.80 27,380.06
211 1,014.72 823.63 191.09 26,556.44
212 1,014.72 829.37 185.34 25,727.07
213 1,014.72 835.16 179.55 24,891.90
214 1,014.72 840.99 173.72 24,050.91
215 1,014.72 846.86 167.86 23,204.05
216 1,014.72 852.77 161.94 22,351.28
217 1,014.72 858.72 155.99 21,492.56
218 1,014.72 864.71 150.00 20,627.85
219 1,014.72 870.75 143.97 19,757.10
220 1,014.72 876.83 137.89 18,880.27
221 1,014.72 882.95 131.77 17,997.32
222 1,014.72 889.11 125.61 17,108.22
223 1,014.72 895.31 119.40 16,212.90
224 1,014.72 901.56 113.15 15,311.34
225 1,014.72 907.85 106.86 14,403.48
226 1,014.72 914.19 100.52 13,489.29
227 1,014.72 920.57 94.14 12,568.72
228 1,014.72 927.00 87.72 11,641.73
229 1,014.72 933.47 81.25 10,708.26
230 1,014.72 939.98 74.73 9,768.28
231 1,014.72 946.54 68.17 8,821.74
232 1,014.72 953.15 61.57 7,868.59
233 1,014.72 959.80 54.92 6,908.79
234 1,014.72 966.50 48.22 5,942.30
235 1,014.72 973.24 41.47 4,969.05
236 1,014.72 980.04 34.68 3,989.02
237 1,014.72 986.88 27.84 3,002.14
238 1,014.72 993.76 20.95 2,008.38
239 1,014.72 1,000.70 14.02 1,007.68
240 1,014.72 1,007.68 7.03 0.00
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