Mortgage Loan of $118,000 for 20 Years at 8.40%

What's the payment on a 20 year home loan for $118k at 8.40% interest?
Loan Amount
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Length
Interest Rate
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Results
Monthly payment: $1,016.58
$12,199 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 8.40 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 1,016.58 190.58 826.00 117,809.42
2 1,016.58 191.91 824.67 117,617.52
3 1,016.58 193.25 823.32 117,424.26
4 1,016.58 194.61 821.97 117,229.66
5 1,016.58 195.97 820.61 117,033.69
6 1,016.58 197.34 819.24 116,836.35
7 1,016.58 198.72 817.85 116,637.63
8 1,016.58 200.11 816.46 116,437.52
9 1,016.58 201.51 815.06 116,236.00
10 1,016.58 202.92 813.65 116,033.08
11 1,016.58 204.34 812.23 115,828.74
12 1,016.58 205.77 810.80 115,622.96
13 1,016.58 207.21 809.36 115,415.75
14 1,016.58 208.67 807.91 115,207.08
15 1,016.58 210.13 806.45 114,996.96
16 1,016.58 211.60 804.98 114,785.36
17 1,016.58 213.08 803.50 114,572.28
18 1,016.58 214.57 802.01 114,357.71
19 1,016.58 216.07 800.50 114,141.64
20 1,016.58 217.58 798.99 113,924.06
21 1,016.58 219.11 797.47 113,704.95
22 1,016.58 220.64 795.93 113,484.31
23 1,016.58 222.19 794.39 113,262.13
24 1,016.58 223.74 792.83 113,038.39
25 1,016.58 225.31 791.27 112,813.08
26 1,016.58 226.88 789.69 112,586.20
27 1,016.58 228.47 788.10 112,357.72
28 1,016.58 230.07 786.50 112,127.65
29 1,016.58 231.68 784.89 111,895.97
30 1,016.58 233.30 783.27 111,662.67
31 1,016.58 234.94 781.64 111,427.73
32 1,016.58 236.58 779.99 111,191.15
33 1,016.58 238.24 778.34 110,952.91
34 1,016.58 239.90 776.67 110,713.01
35 1,016.58 241.58 774.99 110,471.42
36 1,016.58 243.28 773.30 110,228.15
37 1,016.58 244.98 771.60 109,983.17
38 1,016.58 246.69 769.88 109,736.48
39 1,016.58 248.42 768.16 109,488.06
40 1,016.58 250.16 766.42 109,237.90
41 1,016.58 251.91 764.67 108,985.99
42 1,016.58 253.67 762.90 108,732.31
43 1,016.58 255.45 761.13 108,476.87
44 1,016.58 257.24 759.34 108,219.63
45 1,016.58 259.04 757.54 107,960.59
46 1,016.58 260.85 755.72 107,699.74
47 1,016.58 262.68 753.90 107,437.06
48 1,016.58 264.52 752.06 107,172.55
49 1,016.58 266.37 750.21 106,906.18
50 1,016.58 268.23 748.34 106,637.95
51 1,016.58 270.11 746.47 106,367.84
52 1,016.58 272.00 744.57 106,095.84
53 1,016.58 273.90 742.67 105,821.93
54 1,016.58 275.82 740.75 105,546.11
55 1,016.58 277.75 738.82 105,268.36
56 1,016.58 279.70 736.88 104,988.66
57 1,016.58 281.65 734.92 104,707.01
58 1,016.58 283.63 732.95 104,423.38
59 1,016.58 285.61 730.96 104,137.77
60 1,016.58 287.61 728.96 103,850.16
61 1,016.58 289.62 726.95 103,560.53
62 1,016.58 291.65 724.92 103,268.88
63 1,016.58 293.69 722.88 102,975.19
64 1,016.58 295.75 720.83 102,679.44
65 1,016.58 297.82 718.76 102,381.62
66 1,016.58 299.90 716.67 102,081.72
67 1,016.58 302.00 714.57 101,779.71
68 1,016.58 304.12 712.46 101,475.60
69 1,016.58 306.25 710.33 101,169.35
70 1,016.58 308.39 708.19 100,860.96
71 1,016.58 310.55 706.03 100,550.41
72 1,016.58 312.72 703.85 100,237.69
73 1,016.58 314.91 701.66 99,922.78
74 1,016.58 317.12 699.46 99,605.66
75 1,016.58 319.34 697.24 99,286.33
76 1,016.58 321.57 695.00 98,964.75
77 1,016.58 323.82 692.75 98,640.93
78 1,016.58 326.09 690.49 98,314.84
79 1,016.58 328.37 688.20 97,986.47
80 1,016.58 330.67 685.91 97,655.80
81 1,016.58 332.98 683.59 97,322.82
82 1,016.58 335.32 681.26 96,987.50
83 1,016.58 337.66 678.91 96,649.84
84 1,016.58 340.03 676.55 96,309.81
85 1,016.58 342.41 674.17 95,967.41
86 1,016.58 344.80 671.77 95,622.60
87 1,016.58 347.22 669.36 95,275.39
88 1,016.58 349.65 666.93 94,925.74
89 1,016.58 352.10 664.48 94,573.64
90 1,016.58 354.56 662.02 94,219.08
91 1,016.58 357.04 659.53 93,862.04
92 1,016.58 359.54 657.03 93,502.50
93 1,016.58 362.06 654.52 93,140.44
94 1,016.58 364.59 651.98 92,775.85
95 1,016.58 367.14 649.43 92,408.71
96 1,016.58 369.71 646.86 92,038.99
97 1,016.58 372.30 644.27 91,666.69
98 1,016.58 374.91 641.67 91,291.78
99 1,016.58 377.53 639.04 90,914.25
100 1,016.58 380.18 636.40 90,534.07
101 1,016.58 382.84 633.74 90,151.24
102 1,016.58 385.52 631.06 89,765.72
103 1,016.58 388.22 628.36 89,377.50
104 1,016.58 390.93 625.64 88,986.57
105 1,016.58 393.67 622.91 88,592.90
106 1,016.58 396.42 620.15 88,196.48
107 1,016.58 399.20 617.38 87,797.28
108 1,016.58 401.99 614.58 87,395.28
109 1,016.58 404.81 611.77 86,990.47
110 1,016.58 407.64 608.93 86,582.83
111 1,016.58 410.50 606.08 86,172.34
112 1,016.58 413.37 603.21 85,758.97
113 1,016.58 416.26 600.31 85,342.70
114 1,016.58 419.18 597.40 84,923.53
115 1,016.58 422.11 594.46 84,501.42
116 1,016.58 425.07 591.51 84,076.35
117 1,016.58 428.04 588.53 83,648.31
118 1,016.58 431.04 585.54 83,217.27
119 1,016.58 434.05 582.52 82,783.22
120 1,016.58 437.09 579.48 82,346.13
121 1,016.58 440.15 576.42 81,905.97
122 1,016.58 443.23 573.34 81,462.74
123 1,016.58 446.34 570.24 81,016.41
124 1,016.58 449.46 567.11 80,566.94
125 1,016.58 452.61 563.97 80,114.34
126 1,016.58 455.77 560.80 79,658.56
127 1,016.58 458.97 557.61 79,199.60
128 1,016.58 462.18 554.40 78,737.42
129 1,016.58 465.41 551.16 78,272.01
130 1,016.58 468.67 547.90 77,803.33
131 1,016.58 471.95 544.62 77,331.38
132 1,016.58 475.26 541.32 76,856.13
133 1,016.58 478.58 537.99 76,377.54
134 1,016.58 481.93 534.64 75,895.61
135 1,016.58 485.31 531.27 75,410.31
136 1,016.58 488.70 527.87 74,921.60
137 1,016.58 492.12 524.45 74,429.48
138 1,016.58 495.57 521.01 73,933.91
139 1,016.58 499.04 517.54 73,434.87
140 1,016.58 502.53 514.04 72,932.34
141 1,016.58 506.05 510.53 72,426.29
142 1,016.58 509.59 506.98 71,916.70
143 1,016.58 513.16 503.42 71,403.54
144 1,016.58 516.75 499.82 70,886.79
145 1,016.58 520.37 496.21 70,366.42
146 1,016.58 524.01 492.56 69,842.41
147 1,016.58 527.68 488.90 69,314.74
148 1,016.58 531.37 485.20 68,783.36
149 1,016.58 535.09 481.48 68,248.27
150 1,016.58 538.84 477.74 67,709.43
151 1,016.58 542.61 473.97 67,166.82
152 1,016.58 546.41 470.17 66,620.42
153 1,016.58 550.23 466.34 66,070.18
154 1,016.58 554.08 462.49 65,516.10
155 1,016.58 557.96 458.61 64,958.14
156 1,016.58 561.87 454.71 64,396.27
157 1,016.58 565.80 450.77 63,830.47
158 1,016.58 569.76 446.81 63,260.71
159 1,016.58 573.75 442.82 62,686.96
160 1,016.58 577.77 438.81 62,109.19
161 1,016.58 581.81 434.76 61,527.38
162 1,016.58 585.88 430.69 60,941.49
163 1,016.58 589.98 426.59 60,351.51
164 1,016.58 594.11 422.46 59,757.40
165 1,016.58 598.27 418.30 59,159.12
166 1,016.58 602.46 414.11 58,556.66
167 1,016.58 606.68 409.90 57,949.98
168 1,016.58 610.93 405.65 57,339.06
169 1,016.58 615.20 401.37 56,723.85
170 1,016.58 619.51 397.07 56,104.35
171 1,016.58 623.84 392.73 55,480.50
172 1,016.58 628.21 388.36 54,852.29
173 1,016.58 632.61 383.97 54,219.68
174 1,016.58 637.04 379.54 53,582.64
175 1,016.58 641.50 375.08 52,941.15
176 1,016.58 645.99 370.59 52,295.16
177 1,016.58 650.51 366.07 51,644.65
178 1,016.58 655.06 361.51 50,989.59
179 1,016.58 659.65 356.93 50,329.94
180 1,016.58 664.27 352.31 49,665.67
181 1,016.58 668.92 347.66 48,996.76
182 1,016.58 673.60 342.98 48,323.16
183 1,016.58 678.31 338.26 47,644.85
184 1,016.58 683.06 333.51 46,961.78
185 1,016.58 687.84 328.73 46,273.94
186 1,016.58 692.66 323.92 45,581.28
187 1,016.58 697.51 319.07 44,883.78
188 1,016.58 702.39 314.19 44,181.39
189 1,016.58 707.31 309.27 43,474.08
190 1,016.58 712.26 304.32 42,761.83
191 1,016.58 717.24 299.33 42,044.58
192 1,016.58 722.26 294.31 41,322.32
193 1,016.58 727.32 289.26 40,595.00
194 1,016.58 732.41 284.17 39,862.59
195 1,016.58 737.54 279.04 39,125.05
196 1,016.58 742.70 273.88 38,382.35
197 1,016.58 747.90 268.68 37,634.46
198 1,016.58 753.13 263.44 36,881.32
199 1,016.58 758.41 258.17 36,122.92
200 1,016.58 763.71 252.86 35,359.20
201 1,016.58 769.06 247.51 34,590.14
202 1,016.58 774.44 242.13 33,815.70
203 1,016.58 779.87 236.71 33,035.83
204 1,016.58 785.32 231.25 32,250.51
205 1,016.58 790.82 225.75 31,459.68
206 1,016.58 796.36 220.22 30,663.33
207 1,016.58 801.93 214.64 29,861.39
208 1,016.58 807.55 209.03 29,053.85
209 1,016.58 813.20 203.38 28,240.65
210 1,016.58 818.89 197.68 27,421.76
211 1,016.58 824.62 191.95 26,597.14
212 1,016.58 830.40 186.18 25,766.74
213 1,016.58 836.21 180.37 24,930.53
214 1,016.58 842.06 174.51 24,088.47
215 1,016.58 847.96 168.62 23,240.52
216 1,016.58 853.89 162.68 22,386.62
217 1,016.58 859.87 156.71 21,526.75
218 1,016.58 865.89 150.69 20,660.87
219 1,016.58 871.95 144.63 19,788.92
220 1,016.58 878.05 138.52 18,910.86
221 1,016.58 884.20 132.38 18,026.67
222 1,016.58 890.39 126.19 17,136.28
223 1,016.58 896.62 119.95 16,239.66
224 1,016.58 902.90 113.68 15,336.76
225 1,016.58 909.22 107.36 14,427.54
226 1,016.58 915.58 100.99 13,511.96
227 1,016.58 921.99 94.58 12,589.97
228 1,016.58 928.45 88.13 11,661.52
229 1,016.58 934.94 81.63 10,726.58
230 1,016.58 941.49 75.09 9,785.09
231 1,016.58 948.08 68.50 8,837.01
232 1,016.58 954.72 61.86 7,882.29
233 1,016.58 961.40 55.18 6,920.89
234 1,016.58 968.13 48.45 5,952.76
235 1,016.58 974.91 41.67 4,977.86
236 1,016.58 981.73 34.84 3,996.13
237 1,016.58 988.60 27.97 3,007.52
238 1,016.58 995.52 21.05 2,012.00
239 1,016.58 1,002.49 14.08 1,009.51
240 1,016.58 1,009.51 7.07 0.00
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