Mortgage Loan of $231,000 for 20 Years at 8.50%

What's the payment on a 20 year home loan for $231k at 8.50% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $2,004.67
$24,056 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $231k 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 231,000 loan for 20 years at 8.50 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 2,004.67 368.42 1,636.25 230,631.58
2 2,004.67 371.03 1,633.64 230,260.55
3 2,004.67 373.66 1,631.01 229,886.89
4 2,004.67 376.31 1,628.37 229,510.58
5 2,004.67 378.97 1,625.70 229,131.61
6 2,004.67 381.66 1,623.02 228,749.95
7 2,004.67 384.36 1,620.31 228,365.59
8 2,004.67 387.08 1,617.59 227,978.51
9 2,004.67 389.82 1,614.85 227,588.69
10 2,004.67 392.59 1,612.09 227,196.10
11 2,004.67 395.37 1,609.31 226,800.74
12 2,004.67 398.17 1,606.51 226,402.57
13 2,004.67 400.99 1,603.68 226,001.58
14 2,004.67 403.83 1,600.84 225,597.76
15 2,004.67 406.69 1,597.98 225,191.07
16 2,004.67 409.57 1,595.10 224,781.50
17 2,004.67 412.47 1,592.20 224,369.03
18 2,004.67 415.39 1,589.28 223,953.64
19 2,004.67 418.33 1,586.34 223,535.31
20 2,004.67 421.30 1,583.38 223,114.01
21 2,004.67 424.28 1,580.39 222,689.73
22 2,004.67 427.29 1,577.39 222,262.44
23 2,004.67 430.31 1,574.36 221,832.13
24 2,004.67 433.36 1,571.31 221,398.77
25 2,004.67 436.43 1,568.24 220,962.34
26 2,004.67 439.52 1,565.15 220,522.82
27 2,004.67 442.64 1,562.04 220,080.18
28 2,004.67 445.77 1,558.90 219,634.41
29 2,004.67 448.93 1,555.74 219,185.48
30 2,004.67 452.11 1,552.56 218,733.38
31 2,004.67 455.31 1,549.36 218,278.07
32 2,004.67 458.54 1,546.14 217,819.53
33 2,004.67 461.78 1,542.89 217,357.75
34 2,004.67 465.05 1,539.62 216,892.69
35 2,004.67 468.35 1,536.32 216,424.35
36 2,004.67 471.67 1,533.01 215,952.68
37 2,004.67 475.01 1,529.66 215,477.67
38 2,004.67 478.37 1,526.30 214,999.30
39 2,004.67 481.76 1,522.91 214,517.54
40 2,004.67 485.17 1,519.50 214,032.37
41 2,004.67 488.61 1,516.06 213,543.76
42 2,004.67 492.07 1,512.60 213,051.69
43 2,004.67 495.56 1,509.12 212,556.13
44 2,004.67 499.07 1,505.61 212,057.07
45 2,004.67 502.60 1,502.07 211,554.47
46 2,004.67 506.16 1,498.51 211,048.31
47 2,004.67 509.75 1,494.93 210,538.56
48 2,004.67 513.36 1,491.31 210,025.20
49 2,004.67 516.99 1,487.68 209,508.21
50 2,004.67 520.66 1,484.02 208,987.56
51 2,004.67 524.34 1,480.33 208,463.21
52 2,004.67 528.06 1,476.61 207,935.15
53 2,004.67 531.80 1,472.87 207,403.36
54 2,004.67 535.56 1,469.11 206,867.79
55 2,004.67 539.36 1,465.31 206,328.43
56 2,004.67 543.18 1,461.49 205,785.26
57 2,004.67 547.03 1,457.65 205,238.23
58 2,004.67 550.90 1,453.77 204,687.33
59 2,004.67 554.80 1,449.87 204,132.53
60 2,004.67 558.73 1,445.94 203,573.79
61 2,004.67 562.69 1,441.98 203,011.10
62 2,004.67 566.68 1,438.00 202,444.43
63 2,004.67 570.69 1,433.98 201,873.74
64 2,004.67 574.73 1,429.94 201,299.00
65 2,004.67 578.80 1,425.87 200,720.20
66 2,004.67 582.90 1,421.77 200,137.30
67 2,004.67 587.03 1,417.64 199,550.26
68 2,004.67 591.19 1,413.48 198,959.07
69 2,004.67 595.38 1,409.29 198,363.69
70 2,004.67 599.60 1,405.08 197,764.10
71 2,004.67 603.84 1,400.83 197,160.26
72 2,004.67 608.12 1,396.55 196,552.14
73 2,004.67 612.43 1,392.24 195,939.71
74 2,004.67 616.77 1,387.91 195,322.94
75 2,004.67 621.13 1,383.54 194,701.81
76 2,004.67 625.53 1,379.14 194,076.28
77 2,004.67 629.96 1,374.71 193,446.31
78 2,004.67 634.43 1,370.24 192,811.88
79 2,004.67 638.92 1,365.75 192,172.96
80 2,004.67 643.45 1,361.23 191,529.52
81 2,004.67 648.00 1,356.67 190,881.51
82 2,004.67 652.59 1,352.08 190,228.92
83 2,004.67 657.22 1,347.45 189,571.70
84 2,004.67 661.87 1,342.80 188,909.83
85 2,004.67 666.56 1,338.11 188,243.27
86 2,004.67 671.28 1,333.39 187,571.99
87 2,004.67 676.04 1,328.63 186,895.95
88 2,004.67 680.83 1,323.85 186,215.12
89 2,004.67 685.65 1,319.02 185,529.48
90 2,004.67 690.50 1,314.17 184,838.97
91 2,004.67 695.40 1,309.28 184,143.58
92 2,004.67 700.32 1,304.35 183,443.26
93 2,004.67 705.28 1,299.39 182,737.97
94 2,004.67 710.28 1,294.39 182,027.70
95 2,004.67 715.31 1,289.36 181,312.39
96 2,004.67 720.38 1,284.30 180,592.01
97 2,004.67 725.48 1,279.19 179,866.53
98 2,004.67 730.62 1,274.05 179,135.92
99 2,004.67 735.79 1,268.88 178,400.12
100 2,004.67 741.00 1,263.67 177,659.12
101 2,004.67 746.25 1,258.42 176,912.87
102 2,004.67 751.54 1,253.13 176,161.33
103 2,004.67 756.86 1,247.81 175,404.47
104 2,004.67 762.22 1,242.45 174,642.24
105 2,004.67 767.62 1,237.05 173,874.62
106 2,004.67 773.06 1,231.61 173,101.56
107 2,004.67 778.54 1,226.14 172,323.02
108 2,004.67 784.05 1,220.62 171,538.97
109 2,004.67 789.60 1,215.07 170,749.37
110 2,004.67 795.20 1,209.47 169,954.17
111 2,004.67 800.83 1,203.84 169,153.34
112 2,004.67 806.50 1,198.17 168,346.84
113 2,004.67 812.21 1,192.46 167,534.63
114 2,004.67 817.97 1,186.70 166,716.66
115 2,004.67 823.76 1,180.91 165,892.90
116 2,004.67 829.60 1,175.07 165,063.30
117 2,004.67 835.47 1,169.20 164,227.83
118 2,004.67 841.39 1,163.28 163,386.43
119 2,004.67 847.35 1,157.32 162,539.08
120 2,004.67 853.35 1,151.32 161,685.73
121 2,004.67 859.40 1,145.27 160,826.33
122 2,004.67 865.49 1,139.19 159,960.85
123 2,004.67 871.62 1,133.06 159,089.23
124 2,004.67 877.79 1,126.88 158,211.44
125 2,004.67 884.01 1,120.66 157,327.44
126 2,004.67 890.27 1,114.40 156,437.17
127 2,004.67 896.58 1,108.10 155,540.59
128 2,004.67 902.93 1,101.75 154,637.67
129 2,004.67 909.32 1,095.35 153,728.34
130 2,004.67 915.76 1,088.91 152,812.58
131 2,004.67 922.25 1,082.42 151,890.33
132 2,004.67 928.78 1,075.89 150,961.55
133 2,004.67 935.36 1,069.31 150,026.19
134 2,004.67 941.99 1,062.69 149,084.20
135 2,004.67 948.66 1,056.01 148,135.54
136 2,004.67 955.38 1,049.29 147,180.17
137 2,004.67 962.15 1,042.53 146,218.02
138 2,004.67 968.96 1,035.71 145,249.06
139 2,004.67 975.82 1,028.85 144,273.24
140 2,004.67 982.74 1,021.94 143,290.50
141 2,004.67 989.70 1,014.97 142,300.80
142 2,004.67 996.71 1,007.96 141,304.09
143 2,004.67 1,003.77 1,000.90 140,300.33
144 2,004.67 1,010.88 993.79 139,289.45
145 2,004.67 1,018.04 986.63 138,271.41
146 2,004.67 1,025.25 979.42 137,246.16
147 2,004.67 1,032.51 972.16 136,213.65
148 2,004.67 1,039.82 964.85 135,173.83
149 2,004.67 1,047.19 957.48 134,126.64
150 2,004.67 1,054.61 950.06 133,072.03
151 2,004.67 1,062.08 942.59 132,009.95
152 2,004.67 1,069.60 935.07 130,940.35
153 2,004.67 1,077.18 927.49 129,863.17
154 2,004.67 1,084.81 919.86 128,778.36
155 2,004.67 1,092.49 912.18 127,685.87
156 2,004.67 1,100.23 904.44 126,585.64
157 2,004.67 1,108.02 896.65 125,477.62
158 2,004.67 1,115.87 888.80 124,361.75
159 2,004.67 1,123.78 880.90 123,237.97
160 2,004.67 1,131.74 872.94 122,106.23
161 2,004.67 1,139.75 864.92 120,966.48
162 2,004.67 1,147.83 856.85 119,818.66
163 2,004.67 1,155.96 848.72 118,662.70
164 2,004.67 1,164.14 840.53 117,498.56
165 2,004.67 1,172.39 832.28 116,326.17
166 2,004.67 1,180.69 823.98 115,145.47
167 2,004.67 1,189.06 815.61 113,956.41
168 2,004.67 1,197.48 807.19 112,758.93
169 2,004.67 1,205.96 798.71 111,552.97
170 2,004.67 1,214.50 790.17 110,338.47
171 2,004.67 1,223.11 781.56 109,115.36
172 2,004.67 1,231.77 772.90 107,883.59
173 2,004.67 1,240.50 764.18 106,643.09
174 2,004.67 1,249.28 755.39 105,393.81
175 2,004.67 1,258.13 746.54 104,135.67
176 2,004.67 1,267.04 737.63 102,868.63
177 2,004.67 1,276.02 728.65 101,592.61
178 2,004.67 1,285.06 719.61 100,307.55
179 2,004.67 1,294.16 710.51 99,013.39
180 2,004.67 1,303.33 701.34 97,710.07
181 2,004.67 1,312.56 692.11 96,397.51
182 2,004.67 1,321.86 682.82 95,075.65
183 2,004.67 1,331.22 673.45 93,744.43
184 2,004.67 1,340.65 664.02 92,403.79
185 2,004.67 1,350.14 654.53 91,053.64
186 2,004.67 1,359.71 644.96 89,693.93
187 2,004.67 1,369.34 635.33 88,324.59
188 2,004.67 1,379.04 625.63 86,945.55
189 2,004.67 1,388.81 615.86 85,556.75
190 2,004.67 1,398.64 606.03 84,158.10
191 2,004.67 1,408.55 596.12 82,749.55
192 2,004.67 1,418.53 586.14 81,331.02
193 2,004.67 1,428.58 576.09 79,902.44
194 2,004.67 1,438.70 565.98 78,463.75
195 2,004.67 1,448.89 555.78 77,014.86
196 2,004.67 1,459.15 545.52 75,555.71
197 2,004.67 1,469.49 535.19 74,086.23
198 2,004.67 1,479.89 524.78 72,606.33
199 2,004.67 1,490.38 514.29 71,115.95
200 2,004.67 1,500.93 503.74 69,615.02
201 2,004.67 1,511.57 493.11 68,103.46
202 2,004.67 1,522.27 482.40 66,581.18
203 2,004.67 1,533.05 471.62 65,048.13
204 2,004.67 1,543.91 460.76 63,504.21
205 2,004.67 1,554.85 449.82 61,949.36
206 2,004.67 1,565.86 438.81 60,383.50
207 2,004.67 1,576.96 427.72 58,806.55
208 2,004.67 1,588.13 416.55 57,218.42
209 2,004.67 1,599.37 405.30 55,619.05
210 2,004.67 1,610.70 393.97 54,008.34
211 2,004.67 1,622.11 382.56 52,386.23
212 2,004.67 1,633.60 371.07 50,752.63
213 2,004.67 1,645.17 359.50 49,107.45
214 2,004.67 1,656.83 347.84 47,450.63
215 2,004.67 1,668.56 336.11 45,782.06
216 2,004.67 1,680.38 324.29 44,101.68
217 2,004.67 1,692.28 312.39 42,409.40
218 2,004.67 1,704.27 300.40 40,705.12
219 2,004.67 1,716.34 288.33 38,988.78
220 2,004.67 1,728.50 276.17 37,260.28
221 2,004.67 1,740.74 263.93 35,519.53
222 2,004.67 1,753.07 251.60 33,766.46
223 2,004.67 1,765.49 239.18 32,000.97
224 2,004.67 1,778.00 226.67 30,222.97
225 2,004.67 1,790.59 214.08 28,432.38
226 2,004.67 1,803.28 201.40 26,629.10
227 2,004.67 1,816.05 188.62 24,813.05
228 2,004.67 1,828.91 175.76 22,984.14
229 2,004.67 1,841.87 162.80 21,142.27
230 2,004.67 1,854.91 149.76 19,287.36
231 2,004.67 1,868.05 136.62 17,419.31
232 2,004.67 1,881.28 123.39 15,538.02
233 2,004.67 1,894.61 110.06 13,643.41
234 2,004.67 1,908.03 96.64 11,735.38
235 2,004.67 1,921.55 83.13 9,813.83
236 2,004.67 1,935.16 69.51 7,878.68
237 2,004.67 1,948.86 55.81 5,929.81
238 2,004.67 1,962.67 42.00 3,967.14
239 2,004.67 1,976.57 28.10 1,990.57
240 2,004.67 1,990.57 14.10 0.00