Mortgage Loan of $342,000 for 20 Years at 8.50%

What's the payment on a 20 year home loan for $342k at 8.50% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $2,967.96

$35,615 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $342k 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 342,000 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	2,967.96	545.46	2,422.50	341,454.54
2	2,967.96	549.32	2,418.64	340,905.23
3	2,967.96	553.21	2,414.75	340,352.02
4	2,967.96	557.13	2,410.83	339,794.89
5	2,967.96	561.08	2,406.88	339,233.81
6	2,967.96	565.05	2,402.91	338,668.76
7	2,967.96	569.05	2,398.90	338,099.71
8	2,967.96	573.08	2,394.87	337,526.63
9	2,967.96	577.14	2,390.81	336,949.49
10	2,967.96	581.23	2,386.73	336,368.26
11	2,967.96	585.35	2,382.61	335,782.91
12	2,967.96	589.49	2,378.46	335,193.42
13	2,967.96	593.67	2,374.29	334,599.75
14	2,967.96	597.87	2,370.08	334,001.87
15	2,967.96	602.11	2,365.85	333,399.76
16	2,967.96	606.37	2,361.58	332,793.39
17	2,967.96	610.67	2,357.29	332,182.72
18	2,967.96	614.99	2,352.96	331,567.73
19	2,967.96	619.35	2,348.60	330,948.38
20	2,967.96	623.74	2,344.22	330,324.64
21	2,967.96	628.16	2,339.80	329,696.48
22	2,967.96	632.61	2,335.35	329,063.88
23	2,967.96	637.09	2,330.87	328,426.79
24	2,967.96	641.60	2,326.36	327,785.19
25	2,967.96	646.14	2,321.81	327,139.05
26	2,967.96	650.72	2,317.23	326,488.33
27	2,967.96	655.33	2,312.63	325,833.00
28	2,967.96	659.97	2,307.98	325,173.03
29	2,967.96	664.65	2,303.31	324,508.38
30	2,967.96	669.35	2,298.60	323,839.03
31	2,967.96	674.10	2,293.86	323,164.93
32	2,967.96	678.87	2,289.08	322,486.06
33	2,967.96	683.68	2,284.28	321,802.38
34	2,967.96	688.52	2,279.43	321,113.86
35	2,967.96	693.40	2,274.56	320,420.46
36	2,967.96	698.31	2,269.64	319,722.15
37	2,967.96	703.26	2,264.70	319,018.89
38	2,967.96	708.24	2,259.72	318,310.65
39	2,967.96	713.25	2,254.70	317,597.40
40	2,967.96	718.31	2,249.65	316,879.09
41	2,967.96	723.40	2,244.56	316,155.70
42	2,967.96	728.52	2,239.44	315,427.18
43	2,967.96	733.68	2,234.28	314,693.50
44	2,967.96	738.88	2,229.08	313,954.62
45	2,967.96	744.11	2,223.85	313,210.51
46	2,967.96	749.38	2,218.57	312,461.13
47	2,967.96	754.69	2,213.27	311,706.44
48	2,967.96	760.03	2,207.92	310,946.41
49	2,967.96	765.42	2,202.54	310,180.99
50	2,967.96	770.84	2,197.12	309,410.15
51	2,967.96	776.30	2,191.66	308,633.85
52	2,967.96	781.80	2,186.16	307,852.05
53	2,967.96	787.34	2,180.62	307,064.71
54	2,967.96	792.91	2,175.04	306,271.80
55	2,967.96	798.53	2,169.43	305,473.27
56	2,967.96	804.19	2,163.77	304,669.08
57	2,967.96	809.88	2,158.07	303,859.20
58	2,967.96	815.62	2,152.34	303,043.58
59	2,967.96	821.40	2,146.56	302,222.18
60	2,967.96	827.22	2,140.74	301,394.97
61	2,967.96	833.07	2,134.88	300,561.89
62	2,967.96	838.98	2,128.98	299,722.92
63	2,967.96	844.92	2,123.04	298,878.00
64	2,967.96	850.90	2,117.05	298,027.10
65	2,967.96	856.93	2,111.03	297,170.17
66	2,967.96	863.00	2,104.96	296,307.16
67	2,967.96	869.11	2,098.84	295,438.05
68	2,967.96	875.27	2,092.69	294,562.78
69	2,967.96	881.47	2,086.49	293,681.31
70	2,967.96	887.71	2,080.24	292,793.60
71	2,967.96	894.00	2,073.95	291,899.60
72	2,967.96	900.33	2,067.62	290,999.27
73	2,967.96	906.71	2,061.24	290,092.56
74	2,967.96	913.13	2,054.82	289,179.42
75	2,967.96	919.60	2,048.35	288,259.82
76	2,967.96	926.12	2,041.84	287,333.71
77	2,967.96	932.68	2,035.28	286,401.03
78	2,967.96	939.28	2,028.67	285,461.75
79	2,967.96	945.93	2,022.02	284,515.82
80	2,967.96	952.64	2,015.32	283,563.18
81	2,967.96	959.38	2,008.57	282,603.80
82	2,967.96	966.18	2,001.78	281,637.62
83	2,967.96	973.02	1,994.93	280,664.60
84	2,967.96	979.91	1,988.04	279,684.68
85	2,967.96	986.86	1,981.10	278,697.83
86	2,967.96	993.85	1,974.11	277,703.98
87	2,967.96	1,000.89	1,967.07	276,703.09
88	2,967.96	1,007.98	1,959.98	275,695.12
89	2,967.96	1,015.12	1,952.84	274,680.00
90	2,967.96	1,022.31	1,945.65	273,657.70
91	2,967.96	1,029.55	1,938.41	272,628.15
92	2,967.96	1,036.84	1,931.12	271,591.31
93	2,967.96	1,044.18	1,923.77	270,547.13
94	2,967.96	1,051.58	1,916.38	269,495.55
95	2,967.96	1,059.03	1,908.93	268,436.52
96	2,967.96	1,066.53	1,901.43	267,369.99
97	2,967.96	1,074.08	1,893.87	266,295.91
98	2,967.96	1,081.69	1,886.26	265,214.21
99	2,967.96	1,089.35	1,878.60	264,124.86
100	2,967.96	1,097.07	1,870.88	263,027.79
101	2,967.96	1,104.84	1,863.11	261,922.95
102	2,967.96	1,112.67	1,855.29	260,810.28
103	2,967.96	1,120.55	1,847.41	259,689.73
104	2,967.96	1,128.49	1,839.47	258,561.24
105	2,967.96	1,136.48	1,831.48	257,424.76
106	2,967.96	1,144.53	1,823.43	256,280.23
107	2,967.96	1,152.64	1,815.32	255,127.59
108	2,967.96	1,160.80	1,807.15	253,966.79
109	2,967.96	1,169.02	1,798.93	252,797.77
110	2,967.96	1,177.30	1,790.65	251,620.46
111	2,967.96	1,185.64	1,782.31	250,434.82
112	2,967.96	1,194.04	1,773.91	249,240.78
113	2,967.96	1,202.50	1,765.46	248,038.28
114	2,967.96	1,211.02	1,756.94	246,827.26
115	2,967.96	1,219.60	1,748.36	245,607.66
116	2,967.96	1,228.23	1,739.72	244,379.43
117	2,967.96	1,236.93	1,731.02	243,142.50
118	2,967.96	1,245.70	1,722.26	241,896.80
119	2,967.96	1,254.52	1,713.44	240,642.28
120	2,967.96	1,263.41	1,704.55	239,378.87
121	2,967.96	1,272.36	1,695.60	238,106.52
122	2,967.96	1,281.37	1,686.59	236,825.15
123	2,967.96	1,290.44	1,677.51	235,534.71
124	2,967.96	1,299.58	1,668.37	234,235.12
125	2,967.96	1,308.79	1,659.17	232,926.33
126	2,967.96	1,318.06	1,649.89	231,608.27
127	2,967.96	1,327.40	1,640.56	230,280.88
128	2,967.96	1,336.80	1,631.16	228,944.08
129	2,967.96	1,346.27	1,621.69	227,597.81
130	2,967.96	1,355.80	1,612.15	226,242.00
131	2,967.96	1,365.41	1,602.55	224,876.60
132	2,967.96	1,375.08	1,592.88	223,501.52
133	2,967.96	1,384.82	1,583.14	222,116.70
134	2,967.96	1,394.63	1,573.33	220,722.07
135	2,967.96	1,404.51	1,563.45	219,317.56
136	2,967.96	1,414.46	1,553.50	217,903.10
137	2,967.96	1,424.48	1,543.48	216,478.63
138	2,967.96	1,434.57	1,533.39	215,044.06
139	2,967.96	1,444.73	1,523.23	213,599.34
140	2,967.96	1,454.96	1,513.00	212,144.38
141	2,967.96	1,465.27	1,502.69	210,679.11
142	2,967.96	1,475.65	1,492.31	209,203.47
143	2,967.96	1,486.10	1,481.86	207,717.37
144	2,967.96	1,496.62	1,471.33	206,220.74
145	2,967.96	1,507.23	1,460.73	204,713.52
146	2,967.96	1,517.90	1,450.05	203,195.62
147	2,967.96	1,528.65	1,439.30	201,666.96
148	2,967.96	1,539.48	1,428.47	200,127.48
149	2,967.96	1,550.39	1,417.57	198,577.10
150	2,967.96	1,561.37	1,406.59	197,015.73
151	2,967.96	1,572.43	1,395.53	195,443.30
152	2,967.96	1,583.57	1,384.39	193,859.74
153	2,967.96	1,594.78	1,373.17	192,264.95
154	2,967.96	1,606.08	1,361.88	190,658.88
155	2,967.96	1,617.46	1,350.50	189,041.42
156	2,967.96	1,628.91	1,339.04	187,412.51
157	2,967.96	1,640.45	1,327.51	185,772.06
158	2,967.96	1,652.07	1,315.89	184,119.99
159	2,967.96	1,663.77	1,304.18	182,456.22
160	2,967.96	1,675.56	1,292.40	180,780.66
161	2,967.96	1,687.43	1,280.53	179,093.23
162	2,967.96	1,699.38	1,268.58	177,393.85
163	2,967.96	1,711.42	1,256.54	175,682.44
164	2,967.96	1,723.54	1,244.42	173,958.90
165	2,967.96	1,735.75	1,232.21	172,223.15
166	2,967.96	1,748.04	1,219.91	170,475.11
167	2,967.96	1,760.42	1,207.53	168,714.69
168	2,967.96	1,772.89	1,195.06	166,941.80
169	2,967.96	1,785.45	1,182.50	165,156.34
170	2,967.96	1,798.10	1,169.86	163,358.25
171	2,967.96	1,810.83	1,157.12	161,547.41
172	2,967.96	1,823.66	1,144.29	159,723.75
173	2,967.96	1,836.58	1,131.38	157,887.17
174	2,967.96	1,849.59	1,118.37	156,037.58
175	2,967.96	1,862.69	1,105.27	154,174.89
176	2,967.96	1,875.88	1,092.07	152,299.01
177	2,967.96	1,889.17	1,078.78	150,409.84
178	2,967.96	1,902.55	1,065.40	148,507.29
179	2,967.96	1,916.03	1,051.93	146,591.26
180	2,967.96	1,929.60	1,038.35	144,661.66
181	2,967.96	1,943.27	1,024.69	142,718.39
182	2,967.96	1,957.03	1,010.92	140,761.36
183	2,967.96	1,970.90	997.06	138,790.46
184	2,967.96	1,984.86	983.10	136,805.60
185	2,967.96	1,998.92	969.04	134,806.69
186	2,967.96	2,013.07	954.88	132,793.61
187	2,967.96	2,027.33	940.62	130,766.28
188	2,967.96	2,041.69	926.26	128,724.59
189	2,967.96	2,056.16	911.80	126,668.43
190	2,967.96	2,070.72	897.23	124,597.71
191	2,967.96	2,085.39	882.57	122,512.32
192	2,967.96	2,100.16	867.80	120,412.16
193	2,967.96	2,115.04	852.92	118,297.12
194	2,967.96	2,130.02	837.94	116,167.11
195	2,967.96	2,145.11	822.85	114,022.00
196	2,967.96	2,160.30	807.66	111,861.70
197	2,967.96	2,175.60	792.35	109,686.10
198	2,967.96	2,191.01	776.94	107,495.09
199	2,967.96	2,206.53	761.42	105,288.56
200	2,967.96	2,222.16	745.79	103,066.39
201	2,967.96	2,237.90	730.05	100,828.49
202	2,967.96	2,253.75	714.20	98,574.74
203	2,967.96	2,269.72	698.24	96,305.02
204	2,967.96	2,285.79	682.16	94,019.23
205	2,967.96	2,301.99	665.97	91,717.24
206	2,967.96	2,318.29	649.66	89,398.95
207	2,967.96	2,334.71	633.24	87,064.24
208	2,967.96	2,351.25	616.71	84,712.99
209	2,967.96	2,367.91	600.05	82,345.08
210	2,967.96	2,384.68	583.28	79,960.40
211	2,967.96	2,401.57	566.39	77,558.83
212	2,967.96	2,418.58	549.38	75,140.25
213	2,967.96	2,435.71	532.24	72,704.54
214	2,967.96	2,452.96	514.99	70,251.58
215	2,967.96	2,470.34	497.62	67,781.24
216	2,967.96	2,487.84	480.12	65,293.40
217	2,967.96	2,505.46	462.49	62,787.94
218	2,967.96	2,523.21	444.75	60,264.73
219	2,967.96	2,541.08	426.88	57,723.65
220	2,967.96	2,559.08	408.88	55,164.57
221	2,967.96	2,577.21	390.75	52,587.36
222	2,967.96	2,595.46	372.49	49,991.90
223	2,967.96	2,613.85	354.11	47,378.06
224	2,967.96	2,632.36	335.59	44,745.69
225	2,967.96	2,651.01	316.95	42,094.69
226	2,967.96	2,669.78	298.17	39,424.90
227	2,967.96	2,688.70	279.26	36,736.21
228	2,967.96	2,707.74	260.21	34,028.47
229	2,967.96	2,726.92	241.03	31,301.55
230	2,967.96	2,746.24	221.72	28,555.31
231	2,967.96	2,765.69	202.27	25,789.62
232	2,967.96	2,785.28	182.68	23,004.34
233	2,967.96	2,805.01	162.95	20,199.33
234	2,967.96	2,824.88	143.08	17,374.46
235	2,967.96	2,844.89	123.07	14,529.57
236	2,967.96	2,865.04	102.92	11,664.53
237	2,967.96	2,885.33	82.62	8,779.20
238	2,967.96	2,905.77	62.19	5,873.43
239	2,967.96	2,926.35	41.60	2,947.08
240	2,967.96	2,947.08	20.88	0.00