Mortgage Loan of $160,000 for 20 Years at 8.875%

What's the payment on a 20 year home loan for $160k at 8.875% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $1,426.72
$17,121 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $160k 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 160,000 loan for 20 years at 8.875 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 1,426.72 243.39 1,183.33 159,756.61
2 1,426.72 245.19 1,181.53 159,511.42
3 1,426.72 247.00 1,179.72 159,264.41
4 1,426.72 248.83 1,177.89 159,015.58
5 1,426.72 250.67 1,176.05 158,764.91
6 1,426.72 252.53 1,174.20 158,512.39
7 1,426.72 254.39 1,172.33 158,257.99
8 1,426.72 256.27 1,170.45 158,001.72
9 1,426.72 258.17 1,168.55 157,743.55
10 1,426.72 260.08 1,166.65 157,483.47
11 1,426.72 262.00 1,164.72 157,221.47
12 1,426.72 263.94 1,162.78 156,957.53
13 1,426.72 265.89 1,160.83 156,691.64
14 1,426.72 267.86 1,158.87 156,423.78
15 1,426.72 269.84 1,156.88 156,153.94
16 1,426.72 271.84 1,154.89 155,882.10
17 1,426.72 273.85 1,152.88 155,608.26
18 1,426.72 275.87 1,150.85 155,332.39
19 1,426.72 277.91 1,148.81 155,054.47
20 1,426.72 279.97 1,146.76 154,774.51
21 1,426.72 282.04 1,144.69 154,492.47
22 1,426.72 284.12 1,142.60 154,208.35
23 1,426.72 286.22 1,140.50 153,922.12
24 1,426.72 288.34 1,138.38 153,633.78
25 1,426.72 290.47 1,136.25 153,343.31
26 1,426.72 292.62 1,134.10 153,050.68
27 1,426.72 294.79 1,131.94 152,755.90
28 1,426.72 296.97 1,129.76 152,458.93
29 1,426.72 299.16 1,127.56 152,159.77
30 1,426.72 301.38 1,125.35 151,858.39
31 1,426.72 303.60 1,123.12 151,554.79
32 1,426.72 305.85 1,120.87 151,248.94
33 1,426.72 308.11 1,118.61 150,940.82
34 1,426.72 310.39 1,116.33 150,630.43
35 1,426.72 312.69 1,114.04 150,317.75
36 1,426.72 315.00 1,111.72 150,002.75
37 1,426.72 317.33 1,109.40 149,685.42
38 1,426.72 319.68 1,107.05 149,365.74
39 1,426.72 322.04 1,104.68 149,043.70
40 1,426.72 324.42 1,102.30 148,719.28
41 1,426.72 326.82 1,099.90 148,392.46
42 1,426.72 329.24 1,097.49 148,063.22
43 1,426.72 331.67 1,095.05 147,731.55
44 1,426.72 334.13 1,092.60 147,397.42
45 1,426.72 336.60 1,090.13 147,060.83
46 1,426.72 339.09 1,087.64 146,721.74
47 1,426.72 341.59 1,085.13 146,380.15
48 1,426.72 344.12 1,082.60 146,036.02
49 1,426.72 346.67 1,080.06 145,689.36
50 1,426.72 349.23 1,077.49 145,340.13
51 1,426.72 351.81 1,074.91 144,988.32
52 1,426.72 354.41 1,072.31 144,633.90
53 1,426.72 357.04 1,069.69 144,276.87
54 1,426.72 359.68 1,067.05 143,917.19
55 1,426.72 362.34 1,064.39 143,554.85
56 1,426.72 365.02 1,061.71 143,189.84
57 1,426.72 367.72 1,059.01 142,822.12
58 1,426.72 370.44 1,056.29 142,451.69
59 1,426.72 373.18 1,053.55 142,078.51
60 1,426.72 375.94 1,050.79 141,702.58
61 1,426.72 378.72 1,048.01 141,323.86
62 1,426.72 381.52 1,045.21 140,942.34
63 1,426.72 384.34 1,042.39 140,558.01
64 1,426.72 387.18 1,039.54 140,170.83
65 1,426.72 390.04 1,036.68 139,780.78
66 1,426.72 392.93 1,033.80 139,387.85
67 1,426.72 395.83 1,030.89 138,992.02
68 1,426.72 398.76 1,027.96 138,593.26
69 1,426.72 401.71 1,025.01 138,191.54
70 1,426.72 404.68 1,022.04 137,786.86
71 1,426.72 407.68 1,019.05 137,379.19
72 1,426.72 410.69 1,016.03 136,968.50
73 1,426.72 413.73 1,013.00 136,554.77
74 1,426.72 416.79 1,009.94 136,137.98
75 1,426.72 419.87 1,006.85 135,718.11
76 1,426.72 422.98 1,003.75 135,295.14
77 1,426.72 426.10 1,000.62 134,869.03
78 1,426.72 429.26 997.47 134,439.78
79 1,426.72 432.43 994.29 134,007.35
80 1,426.72 435.63 991.10 133,571.72
81 1,426.72 438.85 987.87 133,132.87
82 1,426.72 442.10 984.63 132,690.77
83 1,426.72 445.37 981.36 132,245.41
84 1,426.72 448.66 978.07 131,796.75
85 1,426.72 451.98 974.75 131,344.77
86 1,426.72 455.32 971.40 130,889.45
87 1,426.72 458.69 968.04 130,430.76
88 1,426.72 462.08 964.64 129,968.69
89 1,426.72 465.50 961.23 129,503.19
90 1,426.72 468.94 957.78 129,034.25
91 1,426.72 472.41 954.32 128,561.84
92 1,426.72 475.90 950.82 128,085.94
93 1,426.72 479.42 947.30 127,606.52
94 1,426.72 482.97 943.76 127,123.55
95 1,426.72 486.54 940.18 126,637.01
96 1,426.72 490.14 936.59 126,146.87
97 1,426.72 493.76 932.96 125,653.11
98 1,426.72 497.41 929.31 125,155.69
99 1,426.72 501.09 925.63 124,654.60
100 1,426.72 504.80 921.92 124,149.80
101 1,426.72 508.53 918.19 123,641.27
102 1,426.72 512.29 914.43 123,128.97
103 1,426.72 516.08 910.64 122,612.89
104 1,426.72 519.90 906.82 122,092.99
105 1,426.72 523.74 902.98 121,569.25
106 1,426.72 527.62 899.11 121,041.63
107 1,426.72 531.52 895.20 120,510.11
108 1,426.72 535.45 891.27 119,974.66
109 1,426.72 539.41 887.31 119,435.25
110 1,426.72 543.40 883.32 118,891.85
111 1,426.72 547.42 879.30 118,344.43
112 1,426.72 551.47 875.26 117,792.96
113 1,426.72 555.55 871.18 117,237.41
114 1,426.72 559.66 867.07 116,677.76
115 1,426.72 563.79 862.93 116,113.96
116 1,426.72 567.96 858.76 115,546.00
117 1,426.72 572.17 854.56 114,973.83
118 1,426.72 576.40 850.33 114,397.43
119 1,426.72 580.66 846.06 113,816.77
120 1,426.72 584.95 841.77 113,231.82
121 1,426.72 589.28 837.44 112,642.54
122 1,426.72 593.64 833.09 112,048.90
123 1,426.72 598.03 828.70 111,450.87
124 1,426.72 602.45 824.27 110,848.42
125 1,426.72 606.91 819.82 110,241.51
126 1,426.72 611.40 815.33 109,630.12
127 1,426.72 615.92 810.81 109,014.20
128 1,426.72 620.47 806.25 108,393.73
129 1,426.72 625.06 801.66 107,768.66
130 1,426.72 629.68 797.04 107,138.98
131 1,426.72 634.34 792.38 106,504.64
132 1,426.72 639.03 787.69 105,865.60
133 1,426.72 643.76 782.96 105,221.84
134 1,426.72 648.52 778.20 104,573.32
135 1,426.72 653.32 773.41 103,920.01
136 1,426.72 658.15 768.58 103,261.86
137 1,426.72 663.02 763.71 102,598.84
138 1,426.72 667.92 758.80 101,930.92
139 1,426.72 672.86 753.86 101,258.06
140 1,426.72 677.84 748.89 100,580.22
141 1,426.72 682.85 743.87 99,897.38
142 1,426.72 687.90 738.82 99,209.48
143 1,426.72 692.99 733.74 98,516.49
144 1,426.72 698.11 728.61 97,818.38
145 1,426.72 703.28 723.45 97,115.10
146 1,426.72 708.48 718.25 96,406.62
147 1,426.72 713.72 713.01 95,692.91
148 1,426.72 719.00 707.73 94,973.91
149 1,426.72 724.31 702.41 94,249.60
150 1,426.72 729.67 697.05 93,519.93
151 1,426.72 735.07 691.66 92,784.86
152 1,426.72 740.50 686.22 92,044.36
153 1,426.72 745.98 680.74 91,298.38
154 1,426.72 751.50 675.23 90,546.88
155 1,426.72 757.05 669.67 89,789.83
156 1,426.72 762.65 664.07 89,027.18
157 1,426.72 768.29 658.43 88,258.88
158 1,426.72 773.98 652.75 87,484.91
159 1,426.72 779.70 647.02 86,705.21
160 1,426.72 785.47 641.26 85,919.74
161 1,426.72 791.28 635.45 85,128.46
162 1,426.72 797.13 629.60 84,331.34
163 1,426.72 803.02 623.70 83,528.31
164 1,426.72 808.96 617.76 82,719.35
165 1,426.72 814.95 611.78 81,904.41
166 1,426.72 820.97 605.75 81,083.43
167 1,426.72 827.04 599.68 80,256.39
168 1,426.72 833.16 593.56 79,423.23
169 1,426.72 839.32 587.40 78,583.90
170 1,426.72 845.53 581.19 77,738.37
171 1,426.72 851.78 574.94 76,886.59
172 1,426.72 858.08 568.64 76,028.51
173 1,426.72 864.43 562.29 75,164.08
174 1,426.72 870.82 555.90 74,293.25
175 1,426.72 877.26 549.46 73,415.99
176 1,426.72 883.75 542.97 72,532.24
177 1,426.72 890.29 536.44 71,641.95
178 1,426.72 896.87 529.85 70,745.08
179 1,426.72 903.51 523.22 69,841.57
180 1,426.72 910.19 516.54 68,931.39
181 1,426.72 916.92 509.81 68,014.47
182 1,426.72 923.70 503.02 67,090.77
183 1,426.72 930.53 496.19 66,160.23
184 1,426.72 937.41 489.31 65,222.82
185 1,426.72 944.35 482.38 64,278.47
186 1,426.72 951.33 475.39 63,327.14
187 1,426.72 958.37 468.36 62,368.78
188 1,426.72 965.45 461.27 61,403.32
189 1,426.72 972.60 454.13 60,430.73
190 1,426.72 979.79 446.94 59,450.94
191 1,426.72 987.03 439.69 58,463.90
192 1,426.72 994.33 432.39 57,469.57
193 1,426.72 1,001.69 425.04 56,467.88
194 1,426.72 1,009.10 417.63 55,458.78
195 1,426.72 1,016.56 410.16 54,442.22
196 1,426.72 1,024.08 402.65 53,418.14
197 1,426.72 1,031.65 395.07 52,386.49
198 1,426.72 1,039.28 387.44 51,347.21
199 1,426.72 1,046.97 379.76 50,300.24
200 1,426.72 1,054.71 372.01 49,245.53
201 1,426.72 1,062.51 364.21 48,183.02
202 1,426.72 1,070.37 356.35 47,112.65
203 1,426.72 1,078.29 348.44 46,034.36
204 1,426.72 1,086.26 340.46 44,948.10
205 1,426.72 1,094.30 332.43 43,853.80
206 1,426.72 1,102.39 324.34 42,751.41
207 1,426.72 1,110.54 316.18 41,640.87
208 1,426.72 1,118.76 307.97 40,522.12
209 1,426.72 1,127.03 299.69 39,395.09
210 1,426.72 1,135.36 291.36 38,259.72
211 1,426.72 1,143.76 282.96 37,115.96
212 1,426.72 1,152.22 274.50 35,963.74
213 1,426.72 1,160.74 265.98 34,803.00
214 1,426.72 1,169.33 257.40 33,633.67
215 1,426.72 1,177.97 248.75 32,455.70
216 1,426.72 1,186.69 240.04 31,269.01
217 1,426.72 1,195.46 231.26 30,073.55
218 1,426.72 1,204.31 222.42 28,869.24
219 1,426.72 1,213.21 213.51 27,656.03
220 1,426.72 1,222.18 204.54 26,433.85
221 1,426.72 1,231.22 195.50 25,202.62
222 1,426.72 1,240.33 186.39 23,962.29
223 1,426.72 1,249.50 177.22 22,712.79
224 1,426.72 1,258.74 167.98 21,454.04
225 1,426.72 1,268.05 158.67 20,185.99
226 1,426.72 1,277.43 149.29 18,908.56
227 1,426.72 1,286.88 139.84 17,621.68
228 1,426.72 1,296.40 130.33 16,325.28
229 1,426.72 1,305.98 120.74 15,019.30
230 1,426.72 1,315.64 111.08 13,703.65
231 1,426.72 1,325.37 101.35 12,378.28
232 1,426.72 1,335.18 91.55 11,043.10
233 1,426.72 1,345.05 81.67 9,698.05
234 1,426.72 1,355.00 71.73 8,343.05
235 1,426.72 1,365.02 61.70 6,978.03
236 1,426.72 1,375.12 51.61 5,602.92
237 1,426.72 1,385.29 41.44 4,217.63
238 1,426.72 1,395.53 31.19 2,822.10
239 1,426.72 1,405.85 20.87 1,416.25
240 1,426.72 1,416.25 10.47 0.00