Mortgage Loan of $2,000 for 20 Years at 1.00%
What's the payment on a 20 year home loan for $2k at 1.00% interest?
Results
Monthly payment: $9.20
$110 per year
What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $2k 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 2,000 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 | 9.20 | 7.53 | 1.67 | 1,992.47 |
| 2 | 9.20 | 7.54 | 1.66 | 1,984.93 |
| 3 | 9.20 | 7.54 | 1.65 | 1,977.39 |
| 4 | 9.20 | 7.55 | 1.65 | 1,969.84 |
| 5 | 9.20 | 7.56 | 1.64 | 1,962.28 |
| 6 | 9.20 | 7.56 | 1.64 | 1,954.72 |
| 7 | 9.20 | 7.57 | 1.63 | 1,947.15 |
| 8 | 9.20 | 7.58 | 1.62 | 1,939.57 |
| 9 | 9.20 | 7.58 | 1.62 | 1,931.99 |
| 10 | 9.20 | 7.59 | 1.61 | 1,924.40 |
| 11 | 9.20 | 7.59 | 1.60 | 1,916.81 |
| 12 | 9.20 | 7.60 | 1.60 | 1,909.21 |
| 13 | 9.20 | 7.61 | 1.59 | 1,901.60 |
| 14 | 9.20 | 7.61 | 1.58 | 1,893.99 |
| 15 | 9.20 | 7.62 | 1.58 | 1,886.37 |
| 16 | 9.20 | 7.63 | 1.57 | 1,878.74 |
| 17 | 9.20 | 7.63 | 1.57 | 1,871.11 |
| 18 | 9.20 | 7.64 | 1.56 | 1,863.47 |
| 19 | 9.20 | 7.64 | 1.55 | 1,855.83 |
| 20 | 9.20 | 7.65 | 1.55 | 1,848.18 |
| 21 | 9.20 | 7.66 | 1.54 | 1,840.52 |
| 22 | 9.20 | 7.66 | 1.53 | 1,832.86 |
| 23 | 9.20 | 7.67 | 1.53 | 1,825.18 |
| 24 | 9.20 | 7.68 | 1.52 | 1,817.51 |
| 25 | 9.20 | 7.68 | 1.51 | 1,809.82 |
| 26 | 9.20 | 7.69 | 1.51 | 1,802.13 |
| 27 | 9.20 | 7.70 | 1.50 | 1,794.44 |
| 28 | 9.20 | 7.70 | 1.50 | 1,786.74 |
| 29 | 9.20 | 7.71 | 1.49 | 1,779.03 |
| 30 | 9.20 | 7.72 | 1.48 | 1,771.31 |
| 31 | 9.20 | 7.72 | 1.48 | 1,763.59 |
| 32 | 9.20 | 7.73 | 1.47 | 1,755.86 |
| 33 | 9.20 | 7.73 | 1.46 | 1,748.13 |
| 34 | 9.20 | 7.74 | 1.46 | 1,740.39 |
| 35 | 9.20 | 7.75 | 1.45 | 1,732.64 |
| 36 | 9.20 | 7.75 | 1.44 | 1,724.88 |
| 37 | 9.20 | 7.76 | 1.44 | 1,717.12 |
| 38 | 9.20 | 7.77 | 1.43 | 1,709.36 |
| 39 | 9.20 | 7.77 | 1.42 | 1,701.58 |
| 40 | 9.20 | 7.78 | 1.42 | 1,693.80 |
| 41 | 9.20 | 7.79 | 1.41 | 1,686.02 |
| 42 | 9.20 | 7.79 | 1.41 | 1,678.22 |
| 43 | 9.20 | 7.80 | 1.40 | 1,670.43 |
| 44 | 9.20 | 7.81 | 1.39 | 1,662.62 |
| 45 | 9.20 | 7.81 | 1.39 | 1,654.81 |
| 46 | 9.20 | 7.82 | 1.38 | 1,646.99 |
| 47 | 9.20 | 7.83 | 1.37 | 1,639.16 |
| 48 | 9.20 | 7.83 | 1.37 | 1,631.33 |
| 49 | 9.20 | 7.84 | 1.36 | 1,623.49 |
| 50 | 9.20 | 7.84 | 1.35 | 1,615.65 |
| 51 | 9.20 | 7.85 | 1.35 | 1,607.80 |
| 52 | 9.20 | 7.86 | 1.34 | 1,599.94 |
| 53 | 9.20 | 7.86 | 1.33 | 1,592.07 |
| 54 | 9.20 | 7.87 | 1.33 | 1,584.20 |
| 55 | 9.20 | 7.88 | 1.32 | 1,576.32 |
| 56 | 9.20 | 7.88 | 1.31 | 1,568.44 |
| 57 | 9.20 | 7.89 | 1.31 | 1,560.55 |
| 58 | 9.20 | 7.90 | 1.30 | 1,552.65 |
| 59 | 9.20 | 7.90 | 1.29 | 1,544.75 |
| 60 | 9.20 | 7.91 | 1.29 | 1,536.84 |
| 61 | 9.20 | 7.92 | 1.28 | 1,528.92 |
| 62 | 9.20 | 7.92 | 1.27 | 1,521.00 |
| 63 | 9.20 | 7.93 | 1.27 | 1,513.07 |
| 64 | 9.20 | 7.94 | 1.26 | 1,505.13 |
| 65 | 9.20 | 7.94 | 1.25 | 1,497.19 |
| 66 | 9.20 | 7.95 | 1.25 | 1,489.23 |
| 67 | 9.20 | 7.96 | 1.24 | 1,481.28 |
| 68 | 9.20 | 7.96 | 1.23 | 1,473.31 |
| 69 | 9.20 | 7.97 | 1.23 | 1,465.34 |
| 70 | 9.20 | 7.98 | 1.22 | 1,457.37 |
| 71 | 9.20 | 7.98 | 1.21 | 1,449.38 |
| 72 | 9.20 | 7.99 | 1.21 | 1,441.39 |
| 73 | 9.20 | 8.00 | 1.20 | 1,433.40 |
| 74 | 9.20 | 8.00 | 1.19 | 1,425.39 |
| 75 | 9.20 | 8.01 | 1.19 | 1,417.38 |
| 76 | 9.20 | 8.02 | 1.18 | 1,409.37 |
| 77 | 9.20 | 8.02 | 1.17 | 1,401.34 |
| 78 | 9.20 | 8.03 | 1.17 | 1,393.31 |
| 79 | 9.20 | 8.04 | 1.16 | 1,385.28 |
| 80 | 9.20 | 8.04 | 1.15 | 1,377.23 |
| 81 | 9.20 | 8.05 | 1.15 | 1,369.18 |
| 82 | 9.20 | 8.06 | 1.14 | 1,361.13 |
| 83 | 9.20 | 8.06 | 1.13 | 1,353.06 |
| 84 | 9.20 | 8.07 | 1.13 | 1,344.99 |
| 85 | 9.20 | 8.08 | 1.12 | 1,336.92 |
| 86 | 9.20 | 8.08 | 1.11 | 1,328.83 |
| 87 | 9.20 | 8.09 | 1.11 | 1,320.74 |
| 88 | 9.20 | 8.10 | 1.10 | 1,312.64 |
| 89 | 9.20 | 8.10 | 1.09 | 1,304.54 |
| 90 | 9.20 | 8.11 | 1.09 | 1,296.43 |
| 91 | 9.20 | 8.12 | 1.08 | 1,288.31 |
| 92 | 9.20 | 8.12 | 1.07 | 1,280.19 |
| 93 | 9.20 | 8.13 | 1.07 | 1,272.06 |
| 94 | 9.20 | 8.14 | 1.06 | 1,263.92 |
| 95 | 9.20 | 8.14 | 1.05 | 1,255.77 |
| 96 | 9.20 | 8.15 | 1.05 | 1,247.62 |
| 97 | 9.20 | 8.16 | 1.04 | 1,239.46 |
| 98 | 9.20 | 8.16 | 1.03 | 1,231.30 |
| 99 | 9.20 | 8.17 | 1.03 | 1,223.13 |
| 100 | 9.20 | 8.18 | 1.02 | 1,214.95 |
| 101 | 9.20 | 8.19 | 1.01 | 1,206.76 |
| 102 | 9.20 | 8.19 | 1.01 | 1,198.57 |
| 103 | 9.20 | 8.20 | 1.00 | 1,190.37 |
| 104 | 9.20 | 8.21 | 0.99 | 1,182.17 |
| 105 | 9.20 | 8.21 | 0.99 | 1,173.95 |
| 106 | 9.20 | 8.22 | 0.98 | 1,165.73 |
| 107 | 9.20 | 8.23 | 0.97 | 1,157.51 |
| 108 | 9.20 | 8.23 | 0.96 | 1,149.27 |
| 109 | 9.20 | 8.24 | 0.96 | 1,141.03 |
| 110 | 9.20 | 8.25 | 0.95 | 1,132.79 |
| 111 | 9.20 | 8.25 | 0.94 | 1,124.53 |
| 112 | 9.20 | 8.26 | 0.94 | 1,116.27 |
| 113 | 9.20 | 8.27 | 0.93 | 1,108.00 |
| 114 | 9.20 | 8.27 | 0.92 | 1,099.73 |
| 115 | 9.20 | 8.28 | 0.92 | 1,091.45 |
| 116 | 9.20 | 8.29 | 0.91 | 1,083.16 |
| 117 | 9.20 | 8.30 | 0.90 | 1,074.86 |
| 118 | 9.20 | 8.30 | 0.90 | 1,066.56 |
| 119 | 9.20 | 8.31 | 0.89 | 1,058.25 |
| 120 | 9.20 | 8.32 | 0.88 | 1,049.94 |
| 121 | 9.20 | 8.32 | 0.87 | 1,041.61 |
| 122 | 9.20 | 8.33 | 0.87 | 1,033.28 |
| 123 | 9.20 | 8.34 | 0.86 | 1,024.95 |
| 124 | 9.20 | 8.34 | 0.85 | 1,016.60 |
| 125 | 9.20 | 8.35 | 0.85 | 1,008.25 |
| 126 | 9.20 | 8.36 | 0.84 | 999.90 |
| 127 | 9.20 | 8.36 | 0.83 | 991.53 |
| 128 | 9.20 | 8.37 | 0.83 | 983.16 |
| 129 | 9.20 | 8.38 | 0.82 | 974.78 |
| 130 | 9.20 | 8.39 | 0.81 | 966.40 |
| 131 | 9.20 | 8.39 | 0.81 | 958.00 |
| 132 | 9.20 | 8.40 | 0.80 | 949.60 |
| 133 | 9.20 | 8.41 | 0.79 | 941.20 |
| 134 | 9.20 | 8.41 | 0.78 | 932.78 |
| 135 | 9.20 | 8.42 | 0.78 | 924.36 |
| 136 | 9.20 | 8.43 | 0.77 | 915.94 |
| 137 | 9.20 | 8.43 | 0.76 | 907.50 |
| 138 | 9.20 | 8.44 | 0.76 | 899.06 |
| 139 | 9.20 | 8.45 | 0.75 | 890.61 |
| 140 | 9.20 | 8.46 | 0.74 | 882.15 |
| 141 | 9.20 | 8.46 | 0.74 | 873.69 |
| 142 | 9.20 | 8.47 | 0.73 | 865.22 |
| 143 | 9.20 | 8.48 | 0.72 | 856.74 |
| 144 | 9.20 | 8.48 | 0.71 | 848.26 |
| 145 | 9.20 | 8.49 | 0.71 | 839.77 |
| 146 | 9.20 | 8.50 | 0.70 | 831.27 |
| 147 | 9.20 | 8.51 | 0.69 | 822.77 |
| 148 | 9.20 | 8.51 | 0.69 | 814.25 |
| 149 | 9.20 | 8.52 | 0.68 | 805.74 |
| 150 | 9.20 | 8.53 | 0.67 | 797.21 |
| 151 | 9.20 | 8.53 | 0.66 | 788.68 |
| 152 | 9.20 | 8.54 | 0.66 | 780.13 |
| 153 | 9.20 | 8.55 | 0.65 | 771.59 |
| 154 | 9.20 | 8.55 | 0.64 | 763.03 |
| 155 | 9.20 | 8.56 | 0.64 | 754.47 |
| 156 | 9.20 | 8.57 | 0.63 | 745.90 |
| 157 | 9.20 | 8.58 | 0.62 | 737.32 |
| 158 | 9.20 | 8.58 | 0.61 | 728.74 |
| 159 | 9.20 | 8.59 | 0.61 | 720.15 |
| 160 | 9.20 | 8.60 | 0.60 | 711.55 |
| 161 | 9.20 | 8.60 | 0.59 | 702.95 |
| 162 | 9.20 | 8.61 | 0.59 | 694.34 |
| 163 | 9.20 | 8.62 | 0.58 | 685.72 |
| 164 | 9.20 | 8.63 | 0.57 | 677.09 |
| 165 | 9.20 | 8.63 | 0.56 | 668.46 |
| 166 | 9.20 | 8.64 | 0.56 | 659.82 |
| 167 | 9.20 | 8.65 | 0.55 | 651.17 |
| 168 | 9.20 | 8.66 | 0.54 | 642.51 |
| 169 | 9.20 | 8.66 | 0.54 | 633.85 |
| 170 | 9.20 | 8.67 | 0.53 | 625.18 |
| 171 | 9.20 | 8.68 | 0.52 | 616.50 |
| 172 | 9.20 | 8.68 | 0.51 | 607.82 |
| 173 | 9.20 | 8.69 | 0.51 | 599.13 |
| 174 | 9.20 | 8.70 | 0.50 | 590.43 |
| 175 | 9.20 | 8.71 | 0.49 | 581.72 |
| 176 | 9.20 | 8.71 | 0.48 | 573.01 |
| 177 | 9.20 | 8.72 | 0.48 | 564.29 |
| 178 | 9.20 | 8.73 | 0.47 | 555.56 |
| 179 | 9.20 | 8.73 | 0.46 | 546.83 |
| 180 | 9.20 | 8.74 | 0.46 | 538.08 |
| 181 | 9.20 | 8.75 | 0.45 | 529.34 |
| 182 | 9.20 | 8.76 | 0.44 | 520.58 |
| 183 | 9.20 | 8.76 | 0.43 | 511.81 |
| 184 | 9.20 | 8.77 | 0.43 | 503.04 |
| 185 | 9.20 | 8.78 | 0.42 | 494.26 |
| 186 | 9.20 | 8.79 | 0.41 | 485.48 |
| 187 | 9.20 | 8.79 | 0.40 | 476.69 |
| 188 | 9.20 | 8.80 | 0.40 | 467.88 |
| 189 | 9.20 | 8.81 | 0.39 | 459.08 |
| 190 | 9.20 | 8.82 | 0.38 | 450.26 |
| 191 | 9.20 | 8.82 | 0.38 | 441.44 |
| 192 | 9.20 | 8.83 | 0.37 | 432.61 |
| 193 | 9.20 | 8.84 | 0.36 | 423.77 |
| 194 | 9.20 | 8.84 | 0.35 | 414.93 |
| 195 | 9.20 | 8.85 | 0.35 | 406.07 |
| 196 | 9.20 | 8.86 | 0.34 | 397.21 |
| 197 | 9.20 | 8.87 | 0.33 | 388.35 |
| 198 | 9.20 | 8.87 | 0.32 | 379.47 |
| 199 | 9.20 | 8.88 | 0.32 | 370.59 |
| 200 | 9.20 | 8.89 | 0.31 | 361.70 |
| 201 | 9.20 | 8.90 | 0.30 | 352.81 |
| 202 | 9.20 | 8.90 | 0.29 | 343.90 |
| 203 | 9.20 | 8.91 | 0.29 | 334.99 |
| 204 | 9.20 | 8.92 | 0.28 | 326.07 |
| 205 | 9.20 | 8.93 | 0.27 | 317.15 |
| 206 | 9.20 | 8.93 | 0.26 | 308.21 |
| 207 | 9.20 | 8.94 | 0.26 | 299.27 |
| 208 | 9.20 | 8.95 | 0.25 | 290.32 |
| 209 | 9.20 | 8.96 | 0.24 | 281.37 |
| 210 | 9.20 | 8.96 | 0.23 | 272.40 |
| 211 | 9.20 | 8.97 | 0.23 | 263.43 |
| 212 | 9.20 | 8.98 | 0.22 | 254.45 |
| 213 | 9.20 | 8.99 | 0.21 | 245.47 |
| 214 | 9.20 | 8.99 | 0.20 | 236.48 |
| 215 | 9.20 | 9.00 | 0.20 | 227.47 |
| 216 | 9.20 | 9.01 | 0.19 | 218.47 |
| 217 | 9.20 | 9.02 | 0.18 | 209.45 |
| 218 | 9.20 | 9.02 | 0.17 | 200.43 |
| 219 | 9.20 | 9.03 | 0.17 | 191.40 |
| 220 | 9.20 | 9.04 | 0.16 | 182.36 |
| 221 | 9.20 | 9.05 | 0.15 | 173.31 |
| 222 | 9.20 | 9.05 | 0.14 | 164.26 |
| 223 | 9.20 | 9.06 | 0.14 | 155.20 |
| 224 | 9.20 | 9.07 | 0.13 | 146.13 |
| 225 | 9.20 | 9.08 | 0.12 | 137.05 |
| 226 | 9.20 | 9.08 | 0.11 | 127.97 |
| 227 | 9.20 | 9.09 | 0.11 | 118.88 |
| 228 | 9.20 | 9.10 | 0.10 | 109.78 |
| 229 | 9.20 | 9.11 | 0.09 | 100.67 |
| 230 | 9.20 | 9.11 | 0.08 | 91.56 |
| 231 | 9.20 | 9.12 | 0.08 | 82.44 |
| 232 | 9.20 | 9.13 | 0.07 | 73.31 |
| 233 | 9.20 | 9.14 | 0.06 | 64.17 |
| 234 | 9.20 | 9.14 | 0.05 | 55.03 |
| 235 | 9.20 | 9.15 | 0.05 | 45.87 |
| 236 | 9.20 | 9.16 | 0.04 | 36.72 |
| 237 | 9.20 | 9.17 | 0.03 | 27.55 |
| 238 | 9.20 | 9.17 | 0.02 | 18.37 |
| 239 | 9.20 | 9.18 | 0.02 | 9.19 |
| 240 | 9.20 | 9.19 | 0.01 | 0.00 |