Mortgage Loan of $2,000 for 20 Years at 1.50%
What's the payment on a 20 year home loan for $2k at 1.50% interest?
Results
Monthly payment: $9.65
$116 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 1.50 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 | 9.65 | 7.15 | 2.50 | 1,992.85 |
| 2 | 9.65 | 7.16 | 2.49 | 1,985.69 |
| 3 | 9.65 | 7.17 | 2.48 | 1,978.52 |
| 4 | 9.65 | 7.18 | 2.47 | 1,971.34 |
| 5 | 9.65 | 7.19 | 2.46 | 1,964.16 |
| 6 | 9.65 | 7.20 | 2.46 | 1,956.96 |
| 7 | 9.65 | 7.20 | 2.45 | 1,949.76 |
| 8 | 9.65 | 7.21 | 2.44 | 1,942.54 |
| 9 | 9.65 | 7.22 | 2.43 | 1,935.32 |
| 10 | 9.65 | 7.23 | 2.42 | 1,928.09 |
| 11 | 9.65 | 7.24 | 2.41 | 1,920.85 |
| 12 | 9.65 | 7.25 | 2.40 | 1,913.60 |
| 13 | 9.65 | 7.26 | 2.39 | 1,906.34 |
| 14 | 9.65 | 7.27 | 2.38 | 1,899.07 |
| 15 | 9.65 | 7.28 | 2.37 | 1,891.79 |
| 16 | 9.65 | 7.29 | 2.36 | 1,884.51 |
| 17 | 9.65 | 7.30 | 2.36 | 1,877.21 |
| 18 | 9.65 | 7.30 | 2.35 | 1,869.91 |
| 19 | 9.65 | 7.31 | 2.34 | 1,862.59 |
| 20 | 9.65 | 7.32 | 2.33 | 1,855.27 |
| 21 | 9.65 | 7.33 | 2.32 | 1,847.94 |
| 22 | 9.65 | 7.34 | 2.31 | 1,840.60 |
| 23 | 9.65 | 7.35 | 2.30 | 1,833.25 |
| 24 | 9.65 | 7.36 | 2.29 | 1,825.89 |
| 25 | 9.65 | 7.37 | 2.28 | 1,818.52 |
| 26 | 9.65 | 7.38 | 2.27 | 1,811.14 |
| 27 | 9.65 | 7.39 | 2.26 | 1,803.76 |
| 28 | 9.65 | 7.40 | 2.25 | 1,796.36 |
| 29 | 9.65 | 7.41 | 2.25 | 1,788.95 |
| 30 | 9.65 | 7.41 | 2.24 | 1,781.54 |
| 31 | 9.65 | 7.42 | 2.23 | 1,774.11 |
| 32 | 9.65 | 7.43 | 2.22 | 1,766.68 |
| 33 | 9.65 | 7.44 | 2.21 | 1,759.24 |
| 34 | 9.65 | 7.45 | 2.20 | 1,751.79 |
| 35 | 9.65 | 7.46 | 2.19 | 1,744.33 |
| 36 | 9.65 | 7.47 | 2.18 | 1,736.86 |
| 37 | 9.65 | 7.48 | 2.17 | 1,729.38 |
| 38 | 9.65 | 7.49 | 2.16 | 1,721.89 |
| 39 | 9.65 | 7.50 | 2.15 | 1,714.39 |
| 40 | 9.65 | 7.51 | 2.14 | 1,706.88 |
| 41 | 9.65 | 7.52 | 2.13 | 1,699.36 |
| 42 | 9.65 | 7.53 | 2.12 | 1,691.84 |
| 43 | 9.65 | 7.54 | 2.11 | 1,684.30 |
| 44 | 9.65 | 7.55 | 2.11 | 1,676.75 |
| 45 | 9.65 | 7.55 | 2.10 | 1,669.20 |
| 46 | 9.65 | 7.56 | 2.09 | 1,661.63 |
| 47 | 9.65 | 7.57 | 2.08 | 1,654.06 |
| 48 | 9.65 | 7.58 | 2.07 | 1,646.48 |
| 49 | 9.65 | 7.59 | 2.06 | 1,638.88 |
| 50 | 9.65 | 7.60 | 2.05 | 1,631.28 |
| 51 | 9.65 | 7.61 | 2.04 | 1,623.67 |
| 52 | 9.65 | 7.62 | 2.03 | 1,616.05 |
| 53 | 9.65 | 7.63 | 2.02 | 1,608.42 |
| 54 | 9.65 | 7.64 | 2.01 | 1,600.78 |
| 55 | 9.65 | 7.65 | 2.00 | 1,593.13 |
| 56 | 9.65 | 7.66 | 1.99 | 1,585.47 |
| 57 | 9.65 | 7.67 | 1.98 | 1,577.80 |
| 58 | 9.65 | 7.68 | 1.97 | 1,570.12 |
| 59 | 9.65 | 7.69 | 1.96 | 1,562.43 |
| 60 | 9.65 | 7.70 | 1.95 | 1,554.73 |
| 61 | 9.65 | 7.71 | 1.94 | 1,547.03 |
| 62 | 9.65 | 7.72 | 1.93 | 1,539.31 |
| 63 | 9.65 | 7.73 | 1.92 | 1,531.58 |
| 64 | 9.65 | 7.74 | 1.91 | 1,523.85 |
| 65 | 9.65 | 7.75 | 1.90 | 1,516.10 |
| 66 | 9.65 | 7.76 | 1.90 | 1,508.35 |
| 67 | 9.65 | 7.77 | 1.89 | 1,500.58 |
| 68 | 9.65 | 7.78 | 1.88 | 1,492.80 |
| 69 | 9.65 | 7.78 | 1.87 | 1,485.02 |
| 70 | 9.65 | 7.79 | 1.86 | 1,477.22 |
| 71 | 9.65 | 7.80 | 1.85 | 1,469.42 |
| 72 | 9.65 | 7.81 | 1.84 | 1,461.61 |
| 73 | 9.65 | 7.82 | 1.83 | 1,453.78 |
| 74 | 9.65 | 7.83 | 1.82 | 1,445.95 |
| 75 | 9.65 | 7.84 | 1.81 | 1,438.11 |
| 76 | 9.65 | 7.85 | 1.80 | 1,430.25 |
| 77 | 9.65 | 7.86 | 1.79 | 1,422.39 |
| 78 | 9.65 | 7.87 | 1.78 | 1,414.52 |
| 79 | 9.65 | 7.88 | 1.77 | 1,406.63 |
| 80 | 9.65 | 7.89 | 1.76 | 1,398.74 |
| 81 | 9.65 | 7.90 | 1.75 | 1,390.84 |
| 82 | 9.65 | 7.91 | 1.74 | 1,382.93 |
| 83 | 9.65 | 7.92 | 1.73 | 1,375.00 |
| 84 | 9.65 | 7.93 | 1.72 | 1,367.07 |
| 85 | 9.65 | 7.94 | 1.71 | 1,359.13 |
| 86 | 9.65 | 7.95 | 1.70 | 1,351.18 |
| 87 | 9.65 | 7.96 | 1.69 | 1,343.22 |
| 88 | 9.65 | 7.97 | 1.68 | 1,335.24 |
| 89 | 9.65 | 7.98 | 1.67 | 1,327.26 |
| 90 | 9.65 | 7.99 | 1.66 | 1,319.27 |
| 91 | 9.65 | 8.00 | 1.65 | 1,311.27 |
| 92 | 9.65 | 8.01 | 1.64 | 1,303.26 |
| 93 | 9.65 | 8.02 | 1.63 | 1,295.23 |
| 94 | 9.65 | 8.03 | 1.62 | 1,287.20 |
| 95 | 9.65 | 8.04 | 1.61 | 1,279.16 |
| 96 | 9.65 | 8.05 | 1.60 | 1,271.11 |
| 97 | 9.65 | 8.06 | 1.59 | 1,263.05 |
| 98 | 9.65 | 8.07 | 1.58 | 1,254.97 |
| 99 | 9.65 | 8.08 | 1.57 | 1,246.89 |
| 100 | 9.65 | 8.09 | 1.56 | 1,238.80 |
| 101 | 9.65 | 8.10 | 1.55 | 1,230.70 |
| 102 | 9.65 | 8.11 | 1.54 | 1,222.59 |
| 103 | 9.65 | 8.12 | 1.53 | 1,214.46 |
| 104 | 9.65 | 8.13 | 1.52 | 1,206.33 |
| 105 | 9.65 | 8.14 | 1.51 | 1,198.19 |
| 106 | 9.65 | 8.15 | 1.50 | 1,190.03 |
| 107 | 9.65 | 8.16 | 1.49 | 1,181.87 |
| 108 | 9.65 | 8.17 | 1.48 | 1,173.70 |
| 109 | 9.65 | 8.18 | 1.47 | 1,165.51 |
| 110 | 9.65 | 8.19 | 1.46 | 1,157.32 |
| 111 | 9.65 | 8.20 | 1.45 | 1,149.11 |
| 112 | 9.65 | 8.21 | 1.44 | 1,140.90 |
| 113 | 9.65 | 8.22 | 1.43 | 1,132.68 |
| 114 | 9.65 | 8.24 | 1.42 | 1,124.44 |
| 115 | 9.65 | 8.25 | 1.41 | 1,116.19 |
| 116 | 9.65 | 8.26 | 1.40 | 1,107.94 |
| 117 | 9.65 | 8.27 | 1.38 | 1,099.67 |
| 118 | 9.65 | 8.28 | 1.37 | 1,091.40 |
| 119 | 9.65 | 8.29 | 1.36 | 1,083.11 |
| 120 | 9.65 | 8.30 | 1.35 | 1,074.81 |
| 121 | 9.65 | 8.31 | 1.34 | 1,066.51 |
| 122 | 9.65 | 8.32 | 1.33 | 1,058.19 |
| 123 | 9.65 | 8.33 | 1.32 | 1,049.86 |
| 124 | 9.65 | 8.34 | 1.31 | 1,041.52 |
| 125 | 9.65 | 8.35 | 1.30 | 1,033.17 |
| 126 | 9.65 | 8.36 | 1.29 | 1,024.81 |
| 127 | 9.65 | 8.37 | 1.28 | 1,016.44 |
| 128 | 9.65 | 8.38 | 1.27 | 1,008.06 |
| 129 | 9.65 | 8.39 | 1.26 | 999.67 |
| 130 | 9.65 | 8.40 | 1.25 | 991.27 |
| 131 | 9.65 | 8.41 | 1.24 | 982.86 |
| 132 | 9.65 | 8.42 | 1.23 | 974.44 |
| 133 | 9.65 | 8.43 | 1.22 | 966.00 |
| 134 | 9.65 | 8.44 | 1.21 | 957.56 |
| 135 | 9.65 | 8.45 | 1.20 | 949.11 |
| 136 | 9.65 | 8.46 | 1.19 | 940.64 |
| 137 | 9.65 | 8.48 | 1.18 | 932.17 |
| 138 | 9.65 | 8.49 | 1.17 | 923.68 |
| 139 | 9.65 | 8.50 | 1.15 | 915.18 |
| 140 | 9.65 | 8.51 | 1.14 | 906.68 |
| 141 | 9.65 | 8.52 | 1.13 | 898.16 |
| 142 | 9.65 | 8.53 | 1.12 | 889.63 |
| 143 | 9.65 | 8.54 | 1.11 | 881.09 |
| 144 | 9.65 | 8.55 | 1.10 | 872.54 |
| 145 | 9.65 | 8.56 | 1.09 | 863.98 |
| 146 | 9.65 | 8.57 | 1.08 | 855.41 |
| 147 | 9.65 | 8.58 | 1.07 | 846.83 |
| 148 | 9.65 | 8.59 | 1.06 | 838.24 |
| 149 | 9.65 | 8.60 | 1.05 | 829.63 |
| 150 | 9.65 | 8.61 | 1.04 | 821.02 |
| 151 | 9.65 | 8.62 | 1.03 | 812.40 |
| 152 | 9.65 | 8.64 | 1.02 | 803.76 |
| 153 | 9.65 | 8.65 | 1.00 | 795.11 |
| 154 | 9.65 | 8.66 | 0.99 | 786.46 |
| 155 | 9.65 | 8.67 | 0.98 | 777.79 |
| 156 | 9.65 | 8.68 | 0.97 | 769.11 |
| 157 | 9.65 | 8.69 | 0.96 | 760.42 |
| 158 | 9.65 | 8.70 | 0.95 | 751.72 |
| 159 | 9.65 | 8.71 | 0.94 | 743.01 |
| 160 | 9.65 | 8.72 | 0.93 | 734.29 |
| 161 | 9.65 | 8.73 | 0.92 | 725.55 |
| 162 | 9.65 | 8.74 | 0.91 | 716.81 |
| 163 | 9.65 | 8.75 | 0.90 | 708.06 |
| 164 | 9.65 | 8.77 | 0.89 | 699.29 |
| 165 | 9.65 | 8.78 | 0.87 | 690.51 |
| 166 | 9.65 | 8.79 | 0.86 | 681.73 |
| 167 | 9.65 | 8.80 | 0.85 | 672.93 |
| 168 | 9.65 | 8.81 | 0.84 | 664.12 |
| 169 | 9.65 | 8.82 | 0.83 | 655.30 |
| 170 | 9.65 | 8.83 | 0.82 | 646.46 |
| 171 | 9.65 | 8.84 | 0.81 | 637.62 |
| 172 | 9.65 | 8.85 | 0.80 | 628.77 |
| 173 | 9.65 | 8.86 | 0.79 | 619.90 |
| 174 | 9.65 | 8.88 | 0.77 | 611.03 |
| 175 | 9.65 | 8.89 | 0.76 | 602.14 |
| 176 | 9.65 | 8.90 | 0.75 | 593.24 |
| 177 | 9.65 | 8.91 | 0.74 | 584.33 |
| 178 | 9.65 | 8.92 | 0.73 | 575.41 |
| 179 | 9.65 | 8.93 | 0.72 | 566.48 |
| 180 | 9.65 | 8.94 | 0.71 | 557.54 |
| 181 | 9.65 | 8.95 | 0.70 | 548.58 |
| 182 | 9.65 | 8.97 | 0.69 | 539.62 |
| 183 | 9.65 | 8.98 | 0.67 | 530.64 |
| 184 | 9.65 | 8.99 | 0.66 | 521.65 |
| 185 | 9.65 | 9.00 | 0.65 | 512.66 |
| 186 | 9.65 | 9.01 | 0.64 | 503.65 |
| 187 | 9.65 | 9.02 | 0.63 | 494.62 |
| 188 | 9.65 | 9.03 | 0.62 | 485.59 |
| 189 | 9.65 | 9.04 | 0.61 | 476.55 |
| 190 | 9.65 | 9.06 | 0.60 | 467.49 |
| 191 | 9.65 | 9.07 | 0.58 | 458.43 |
| 192 | 9.65 | 9.08 | 0.57 | 449.35 |
| 193 | 9.65 | 9.09 | 0.56 | 440.26 |
| 194 | 9.65 | 9.10 | 0.55 | 431.16 |
| 195 | 9.65 | 9.11 | 0.54 | 422.05 |
| 196 | 9.65 | 9.12 | 0.53 | 412.92 |
| 197 | 9.65 | 9.13 | 0.52 | 403.79 |
| 198 | 9.65 | 9.15 | 0.50 | 394.64 |
| 199 | 9.65 | 9.16 | 0.49 | 385.48 |
| 200 | 9.65 | 9.17 | 0.48 | 376.31 |
| 201 | 9.65 | 9.18 | 0.47 | 367.13 |
| 202 | 9.65 | 9.19 | 0.46 | 357.94 |
| 203 | 9.65 | 9.20 | 0.45 | 348.74 |
| 204 | 9.65 | 9.21 | 0.44 | 339.52 |
| 205 | 9.65 | 9.23 | 0.42 | 330.30 |
| 206 | 9.65 | 9.24 | 0.41 | 321.06 |
| 207 | 9.65 | 9.25 | 0.40 | 311.81 |
| 208 | 9.65 | 9.26 | 0.39 | 302.55 |
| 209 | 9.65 | 9.27 | 0.38 | 293.28 |
| 210 | 9.65 | 9.28 | 0.37 | 283.99 |
| 211 | 9.65 | 9.30 | 0.35 | 274.70 |
| 212 | 9.65 | 9.31 | 0.34 | 265.39 |
| 213 | 9.65 | 9.32 | 0.33 | 256.07 |
| 214 | 9.65 | 9.33 | 0.32 | 246.74 |
| 215 | 9.65 | 9.34 | 0.31 | 237.40 |
| 216 | 9.65 | 9.35 | 0.30 | 228.04 |
| 217 | 9.65 | 9.37 | 0.29 | 218.68 |
| 218 | 9.65 | 9.38 | 0.27 | 209.30 |
| 219 | 9.65 | 9.39 | 0.26 | 199.91 |
| 220 | 9.65 | 9.40 | 0.25 | 190.51 |
| 221 | 9.65 | 9.41 | 0.24 | 181.10 |
| 222 | 9.65 | 9.42 | 0.23 | 171.67 |
| 223 | 9.65 | 9.44 | 0.21 | 162.23 |
| 224 | 9.65 | 9.45 | 0.20 | 152.79 |
| 225 | 9.65 | 9.46 | 0.19 | 143.33 |
| 226 | 9.65 | 9.47 | 0.18 | 133.85 |
| 227 | 9.65 | 9.48 | 0.17 | 124.37 |
| 228 | 9.65 | 9.50 | 0.16 | 114.88 |
| 229 | 9.65 | 9.51 | 0.14 | 105.37 |
| 230 | 9.65 | 9.52 | 0.13 | 95.85 |
| 231 | 9.65 | 9.53 | 0.12 | 86.32 |
| 232 | 9.65 | 9.54 | 0.11 | 76.77 |
| 233 | 9.65 | 9.55 | 0.10 | 67.22 |
| 234 | 9.65 | 9.57 | 0.08 | 57.65 |
| 235 | 9.65 | 9.58 | 0.07 | 48.07 |
| 236 | 9.65 | 9.59 | 0.06 | 38.48 |
| 237 | 9.65 | 9.60 | 0.05 | 28.88 |
| 238 | 9.65 | 9.61 | 0.04 | 19.27 |
| 239 | 9.65 | 9.63 | 0.02 | 9.64 |
| 240 | 9.65 | 9.64 | 0.01 | 0.00 |