Mortgage Loan of $1,600 for 20 Years at 1.00%

What's the payment on a 20 year home loan for $1.6k at 1.00% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $7.36

$88 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $1.6k 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 1,600 loan for 20 years at 1.00 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	7.36	6.02	1.33	1,593.98
2	7.36	6.03	1.33	1,587.95
3	7.36	6.04	1.32	1,581.91
4	7.36	6.04	1.32	1,575.87
5	7.36	6.05	1.31	1,569.82
6	7.36	6.05	1.31	1,563.77
7	7.36	6.06	1.30	1,557.72
8	7.36	6.06	1.30	1,551.66
9	7.36	6.07	1.29	1,545.59
10	7.36	6.07	1.29	1,539.52
11	7.36	6.08	1.28	1,533.45
12	7.36	6.08	1.28	1,527.37
13	7.36	6.09	1.27	1,521.28
14	7.36	6.09	1.27	1,515.19
15	7.36	6.10	1.26	1,509.10
16	7.36	6.10	1.26	1,503.00
17	7.36	6.11	1.25	1,496.89
18	7.36	6.11	1.25	1,490.78
19	7.36	6.12	1.24	1,484.66
20	7.36	6.12	1.24	1,478.54
21	7.36	6.13	1.23	1,472.42
22	7.36	6.13	1.23	1,466.28
23	7.36	6.14	1.22	1,460.15
24	7.36	6.14	1.22	1,454.01
25	7.36	6.15	1.21	1,447.86
26	7.36	6.15	1.21	1,441.71
27	7.36	6.16	1.20	1,435.55
28	7.36	6.16	1.20	1,429.39
29	7.36	6.17	1.19	1,423.22
30	7.36	6.17	1.19	1,417.05
31	7.36	6.18	1.18	1,410.87
32	7.36	6.18	1.18	1,404.69
33	7.36	6.19	1.17	1,398.50
34	7.36	6.19	1.17	1,392.31
35	7.36	6.20	1.16	1,386.11
36	7.36	6.20	1.16	1,379.91
37	7.36	6.21	1.15	1,373.70
38	7.36	6.21	1.14	1,367.49
39	7.36	6.22	1.14	1,361.27
40	7.36	6.22	1.13	1,355.04
41	7.36	6.23	1.13	1,348.81
42	7.36	6.23	1.12	1,342.58
43	7.36	6.24	1.12	1,336.34
44	7.36	6.24	1.11	1,330.10
45	7.36	6.25	1.11	1,323.85
46	7.36	6.26	1.10	1,317.59
47	7.36	6.26	1.10	1,311.33
48	7.36	6.27	1.09	1,305.06
49	7.36	6.27	1.09	1,298.79
50	7.36	6.28	1.08	1,292.52
51	7.36	6.28	1.08	1,286.24
52	7.36	6.29	1.07	1,279.95
53	7.36	6.29	1.07	1,273.66
54	7.36	6.30	1.06	1,267.36
55	7.36	6.30	1.06	1,261.06
56	7.36	6.31	1.05	1,254.75
57	7.36	6.31	1.05	1,248.44
58	7.36	6.32	1.04	1,242.12
59	7.36	6.32	1.04	1,235.80
60	7.36	6.33	1.03	1,229.47
61	7.36	6.33	1.02	1,223.14
62	7.36	6.34	1.02	1,216.80
63	7.36	6.34	1.01	1,210.45
64	7.36	6.35	1.01	1,204.10
65	7.36	6.35	1.00	1,197.75
66	7.36	6.36	1.00	1,191.39
67	7.36	6.37	0.99	1,185.02
68	7.36	6.37	0.99	1,178.65
69	7.36	6.38	0.98	1,172.28
70	7.36	6.38	0.98	1,165.89
71	7.36	6.39	0.97	1,159.51
72	7.36	6.39	0.97	1,153.12
73	7.36	6.40	0.96	1,146.72
74	7.36	6.40	0.96	1,140.32
75	7.36	6.41	0.95	1,133.91
76	7.36	6.41	0.94	1,127.49
77	7.36	6.42	0.94	1,121.08
78	7.36	6.42	0.93	1,114.65
79	7.36	6.43	0.93	1,108.22
80	7.36	6.43	0.92	1,101.79
81	7.36	6.44	0.92	1,095.35
82	7.36	6.45	0.91	1,088.90
83	7.36	6.45	0.91	1,082.45
84	7.36	6.46	0.90	1,075.99
85	7.36	6.46	0.90	1,069.53
86	7.36	6.47	0.89	1,063.07
87	7.36	6.47	0.89	1,056.59
88	7.36	6.48	0.88	1,050.12
89	7.36	6.48	0.88	1,043.63
90	7.36	6.49	0.87	1,037.14
91	7.36	6.49	0.86	1,030.65
92	7.36	6.50	0.86	1,024.15
93	7.36	6.50	0.85	1,017.64
94	7.36	6.51	0.85	1,011.13
95	7.36	6.52	0.84	1,004.62
96	7.36	6.52	0.84	998.10
97	7.36	6.53	0.83	991.57
98	7.36	6.53	0.83	985.04
99	7.36	6.54	0.82	978.50
100	7.36	6.54	0.82	971.96
101	7.36	6.55	0.81	965.41
102	7.36	6.55	0.80	958.86
103	7.36	6.56	0.80	952.30
104	7.36	6.56	0.79	945.73
105	7.36	6.57	0.79	939.16
106	7.36	6.58	0.78	932.59
107	7.36	6.58	0.78	926.01
108	7.36	6.59	0.77	919.42
109	7.36	6.59	0.77	912.83
110	7.36	6.60	0.76	906.23
111	7.36	6.60	0.76	899.63
112	7.36	6.61	0.75	893.02
113	7.36	6.61	0.74	886.40
114	7.36	6.62	0.74	879.78
115	7.36	6.63	0.73	873.16
116	7.36	6.63	0.73	866.53
117	7.36	6.64	0.72	859.89
118	7.36	6.64	0.72	853.25
119	7.36	6.65	0.71	846.60
120	7.36	6.65	0.71	839.95
121	7.36	6.66	0.70	833.29
122	7.36	6.66	0.69	826.63
123	7.36	6.67	0.69	819.96
124	7.36	6.68	0.68	813.28
125	7.36	6.68	0.68	806.60
126	7.36	6.69	0.67	799.92
127	7.36	6.69	0.67	793.22
128	7.36	6.70	0.66	786.53
129	7.36	6.70	0.66	779.82
130	7.36	6.71	0.65	773.12
131	7.36	6.71	0.64	766.40
132	7.36	6.72	0.64	759.68
133	7.36	6.73	0.63	752.96
134	7.36	6.73	0.63	746.23
135	7.36	6.74	0.62	739.49
136	7.36	6.74	0.62	732.75
137	7.36	6.75	0.61	726.00
138	7.36	6.75	0.61	719.25
139	7.36	6.76	0.60	712.49
140	7.36	6.76	0.59	705.72
141	7.36	6.77	0.59	698.95
142	7.36	6.78	0.58	692.18
143	7.36	6.78	0.58	685.40
144	7.36	6.79	0.57	678.61
145	7.36	6.79	0.57	671.82
146	7.36	6.80	0.56	665.02
147	7.36	6.80	0.55	658.21
148	7.36	6.81	0.55	651.40
149	7.36	6.82	0.54	644.59
150	7.36	6.82	0.54	637.77
151	7.36	6.83	0.53	630.94
152	7.36	6.83	0.53	624.11
153	7.36	6.84	0.52	617.27
154	7.36	6.84	0.51	610.43
155	7.36	6.85	0.51	603.58
156	7.36	6.86	0.50	596.72
157	7.36	6.86	0.50	589.86
158	7.36	6.87	0.49	582.99
159	7.36	6.87	0.49	576.12
160	7.36	6.88	0.48	569.24
161	7.36	6.88	0.47	562.36
162	7.36	6.89	0.47	555.47
163	7.36	6.90	0.46	548.57
164	7.36	6.90	0.46	541.67
165	7.36	6.91	0.45	534.76
166	7.36	6.91	0.45	527.85
167	7.36	6.92	0.44	520.93
168	7.36	6.92	0.43	514.01
169	7.36	6.93	0.43	507.08
170	7.36	6.94	0.42	500.14
171	7.36	6.94	0.42	493.20
172	7.36	6.95	0.41	486.26
173	7.36	6.95	0.41	479.30
174	7.36	6.96	0.40	472.34
175	7.36	6.96	0.39	465.38
176	7.36	6.97	0.39	458.41
177	7.36	6.98	0.38	451.43
178	7.36	6.98	0.38	444.45
179	7.36	6.99	0.37	437.46
180	7.36	6.99	0.36	430.47
181	7.36	7.00	0.36	423.47
182	7.36	7.01	0.35	416.46
183	7.36	7.01	0.35	409.45
184	7.36	7.02	0.34	402.43
185	7.36	7.02	0.34	395.41
186	7.36	7.03	0.33	388.38
187	7.36	7.03	0.32	381.35
188	7.36	7.04	0.32	374.31
189	7.36	7.05	0.31	367.26
190	7.36	7.05	0.31	360.21
191	7.36	7.06	0.30	353.15
192	7.36	7.06	0.29	346.09
193	7.36	7.07	0.29	339.02
194	7.36	7.08	0.28	331.94
195	7.36	7.08	0.28	324.86
196	7.36	7.09	0.27	317.77
197	7.36	7.09	0.26	310.68
198	7.36	7.10	0.26	303.58
199	7.36	7.11	0.25	296.47
200	7.36	7.11	0.25	289.36
201	7.36	7.12	0.24	282.25
202	7.36	7.12	0.24	275.12
203	7.36	7.13	0.23	267.99
204	7.36	7.13	0.22	260.86
205	7.36	7.14	0.22	253.72
206	7.36	7.15	0.21	246.57
207	7.36	7.15	0.21	239.42
208	7.36	7.16	0.20	232.26
209	7.36	7.16	0.19	225.09
210	7.36	7.17	0.19	217.92
211	7.36	7.18	0.18	210.75
212	7.36	7.18	0.18	203.56
213	7.36	7.19	0.17	196.38
214	7.36	7.19	0.16	189.18
215	7.36	7.20	0.16	181.98
216	7.36	7.21	0.15	174.77
217	7.36	7.21	0.15	167.56
218	7.36	7.22	0.14	160.34
219	7.36	7.22	0.13	153.12
220	7.36	7.23	0.13	145.89
221	7.36	7.24	0.12	138.65
222	7.36	7.24	0.12	131.41
223	7.36	7.25	0.11	124.16
224	7.36	7.25	0.10	116.90
225	7.36	7.26	0.10	109.64
226	7.36	7.27	0.09	102.38
227	7.36	7.27	0.09	95.10
228	7.36	7.28	0.08	87.82
229	7.36	7.29	0.07	80.54
230	7.36	7.29	0.07	73.25
231	7.36	7.30	0.06	65.95
232	7.36	7.30	0.05	58.65
233	7.36	7.31	0.05	51.34
234	7.36	7.32	0.04	44.02
235	7.36	7.32	0.04	36.70
236	7.36	7.33	0.03	29.37
237	7.36	7.33	0.02	22.04
238	7.36	7.34	0.02	14.70
239	7.36	7.35	0.01	7.35
240	7.36	7.35	0.01	0.00