Mortgage Loan of $342,000 for 20 Years at 8.60%

What's the payment on a 20 year home loan for $342k at 8.60% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $2,989.64
$35,876 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 8.60 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 2,989.64 538.64 2,451.00 341,461.36
2 2,989.64 542.50 2,447.14 340,918.87
3 2,989.64 546.38 2,443.25 340,372.48
4 2,989.64 550.30 2,439.34 339,822.18
5 2,989.64 554.24 2,435.39 339,267.94
6 2,989.64 558.22 2,431.42 338,709.72
7 2,989.64 562.22 2,427.42 338,147.50
8 2,989.64 566.25 2,423.39 337,581.26
9 2,989.64 570.30 2,419.33 337,010.95
10 2,989.64 574.39 2,415.25 336,436.56
11 2,989.64 578.51 2,411.13 335,858.05
12 2,989.64 582.65 2,406.98 335,275.40
13 2,989.64 586.83 2,402.81 334,688.57
14 2,989.64 591.04 2,398.60 334,097.54
15 2,989.64 595.27 2,394.37 333,502.26
16 2,989.64 599.54 2,390.10 332,902.73
17 2,989.64 603.83 2,385.80 332,298.89
18 2,989.64 608.16 2,381.48 331,690.73
19 2,989.64 612.52 2,377.12 331,078.21
20 2,989.64 616.91 2,372.73 330,461.30
21 2,989.64 621.33 2,368.31 329,839.97
22 2,989.64 625.78 2,363.85 329,214.19
23 2,989.64 630.27 2,359.37 328,583.92
24 2,989.64 634.79 2,354.85 327,949.14
25 2,989.64 639.33 2,350.30 327,309.80
26 2,989.64 643.92 2,345.72 326,665.88
27 2,989.64 648.53 2,341.11 326,017.35
28 2,989.64 653.18 2,336.46 325,364.17
29 2,989.64 657.86 2,331.78 324,706.31
30 2,989.64 662.57 2,327.06 324,043.74
31 2,989.64 667.32 2,322.31 323,376.42
32 2,989.64 672.11 2,317.53 322,704.31
33 2,989.64 676.92 2,312.71 322,027.39
34 2,989.64 681.77 2,307.86 321,345.61
35 2,989.64 686.66 2,302.98 320,658.96
36 2,989.64 691.58 2,298.06 319,967.37
37 2,989.64 696.54 2,293.10 319,270.84
38 2,989.64 701.53 2,288.11 318,569.31
39 2,989.64 706.56 2,283.08 317,862.75
40 2,989.64 711.62 2,278.02 317,151.13
41 2,989.64 716.72 2,272.92 316,434.41
42 2,989.64 721.86 2,267.78 315,712.55
43 2,989.64 727.03 2,262.61 314,985.52
44 2,989.64 732.24 2,257.40 314,253.28
45 2,989.64 737.49 2,252.15 313,515.80
46 2,989.64 742.77 2,246.86 312,773.02
47 2,989.64 748.10 2,241.54 312,024.93
48 2,989.64 753.46 2,236.18 311,271.47
49 2,989.64 758.86 2,230.78 310,512.61
50 2,989.64 764.30 2,225.34 309,748.31
51 2,989.64 769.77 2,219.86 308,978.54
52 2,989.64 775.29 2,214.35 308,203.25
53 2,989.64 780.85 2,208.79 307,422.40
54 2,989.64 786.44 2,203.19 306,635.96
55 2,989.64 792.08 2,197.56 305,843.88
56 2,989.64 797.76 2,191.88 305,046.13
57 2,989.64 803.47 2,186.16 304,242.65
58 2,989.64 809.23 2,180.41 303,433.42
59 2,989.64 815.03 2,174.61 302,618.39
60 2,989.64 820.87 2,168.77 301,797.52
61 2,989.64 826.75 2,162.88 300,970.77
62 2,989.64 832.68 2,156.96 300,138.09
63 2,989.64 838.65 2,150.99 299,299.44
64 2,989.64 844.66 2,144.98 298,454.78
65 2,989.64 850.71 2,138.93 297,604.07
66 2,989.64 856.81 2,132.83 296,747.26
67 2,989.64 862.95 2,126.69 295,884.32
68 2,989.64 869.13 2,120.50 295,015.18
69 2,989.64 875.36 2,114.28 294,139.82
70 2,989.64 881.63 2,108.00 293,258.19
71 2,989.64 887.95 2,101.68 292,370.24
72 2,989.64 894.32 2,095.32 291,475.92
73 2,989.64 900.73 2,088.91 290,575.19
74 2,989.64 907.18 2,082.46 289,668.01
75 2,989.64 913.68 2,075.95 288,754.33
76 2,989.64 920.23 2,069.41 287,834.10
77 2,989.64 926.83 2,062.81 286,907.27
78 2,989.64 933.47 2,056.17 285,973.81
79 2,989.64 940.16 2,049.48 285,033.65
80 2,989.64 946.90 2,042.74 284,086.75
81 2,989.64 953.68 2,035.96 283,133.07
82 2,989.64 960.52 2,029.12 282,172.55
83 2,989.64 967.40 2,022.24 281,205.15
84 2,989.64 974.33 2,015.30 280,230.82
85 2,989.64 981.32 2,008.32 279,249.51
86 2,989.64 988.35 2,001.29 278,261.16
87 2,989.64 995.43 1,994.20 277,265.73
88 2,989.64 1,002.57 1,987.07 276,263.16
89 2,989.64 1,009.75 1,979.89 275,253.41
90 2,989.64 1,016.99 1,972.65 274,236.42
91 2,989.64 1,024.28 1,965.36 273,212.15
92 2,989.64 1,031.62 1,958.02 272,180.53
93 2,989.64 1,039.01 1,950.63 271,141.52
94 2,989.64 1,046.46 1,943.18 270,095.07
95 2,989.64 1,053.96 1,935.68 269,041.11
96 2,989.64 1,061.51 1,928.13 267,979.60
97 2,989.64 1,069.12 1,920.52 266,910.49
98 2,989.64 1,076.78 1,912.86 265,833.71
99 2,989.64 1,084.50 1,905.14 264,749.21
100 2,989.64 1,092.27 1,897.37 263,656.94
101 2,989.64 1,100.10 1,889.54 262,556.85
102 2,989.64 1,107.98 1,881.66 261,448.87
103 2,989.64 1,115.92 1,873.72 260,332.95
104 2,989.64 1,123.92 1,865.72 259,209.03
105 2,989.64 1,131.97 1,857.66 258,077.06
106 2,989.64 1,140.08 1,849.55 256,936.98
107 2,989.64 1,148.25 1,841.38 255,788.72
108 2,989.64 1,156.48 1,833.15 254,632.24
109 2,989.64 1,164.77 1,824.86 253,467.47
110 2,989.64 1,173.12 1,816.52 252,294.35
111 2,989.64 1,181.53 1,808.11 251,112.82
112 2,989.64 1,189.99 1,799.64 249,922.82
113 2,989.64 1,198.52 1,791.11 248,724.30
114 2,989.64 1,207.11 1,782.52 247,517.19
115 2,989.64 1,215.76 1,773.87 246,301.43
116 2,989.64 1,224.48 1,765.16 245,076.95
117 2,989.64 1,233.25 1,756.38 243,843.70
118 2,989.64 1,242.09 1,747.55 242,601.61
119 2,989.64 1,250.99 1,738.64 241,350.62
120 2,989.64 1,259.96 1,729.68 240,090.66
121 2,989.64 1,268.99 1,720.65 238,821.67
122 2,989.64 1,278.08 1,711.56 237,543.59
123 2,989.64 1,287.24 1,702.40 236,256.35
124 2,989.64 1,296.47 1,693.17 234,959.88
125 2,989.64 1,305.76 1,683.88 233,654.13
126 2,989.64 1,315.12 1,674.52 232,339.01
127 2,989.64 1,324.54 1,665.10 231,014.47
128 2,989.64 1,334.03 1,655.60 229,680.44
129 2,989.64 1,343.59 1,646.04 228,336.84
130 2,989.64 1,353.22 1,636.41 226,983.62
131 2,989.64 1,362.92 1,626.72 225,620.70
132 2,989.64 1,372.69 1,616.95 224,248.01
133 2,989.64 1,382.53 1,607.11 222,865.49
134 2,989.64 1,392.43 1,597.20 221,473.05
135 2,989.64 1,402.41 1,587.22 220,070.64
136 2,989.64 1,412.46 1,577.17 218,658.17
137 2,989.64 1,422.59 1,567.05 217,235.59
138 2,989.64 1,432.78 1,556.86 215,802.81
139 2,989.64 1,443.05 1,546.59 214,359.76
140 2,989.64 1,453.39 1,536.24 212,906.37
141 2,989.64 1,463.81 1,525.83 211,442.56
142 2,989.64 1,474.30 1,515.34 209,968.26
143 2,989.64 1,484.86 1,504.77 208,483.40
144 2,989.64 1,495.51 1,494.13 206,987.89
145 2,989.64 1,506.22 1,483.41 205,481.67
146 2,989.64 1,517.02 1,472.62 203,964.65
147 2,989.64 1,527.89 1,461.75 202,436.76
148 2,989.64 1,538.84 1,450.80 200,897.92
149 2,989.64 1,549.87 1,439.77 199,348.05
150 2,989.64 1,560.98 1,428.66 197,787.07
151 2,989.64 1,572.16 1,417.47 196,214.91
152 2,989.64 1,583.43 1,406.21 194,631.48
153 2,989.64 1,594.78 1,394.86 193,036.70
154 2,989.64 1,606.21 1,383.43 191,430.50
155 2,989.64 1,617.72 1,371.92 189,812.78
156 2,989.64 1,629.31 1,360.32 188,183.47
157 2,989.64 1,640.99 1,348.65 186,542.48
158 2,989.64 1,652.75 1,336.89 184,889.73
159 2,989.64 1,664.59 1,325.04 183,225.14
160 2,989.64 1,676.52 1,313.11 181,548.61
161 2,989.64 1,688.54 1,301.10 179,860.08
162 2,989.64 1,700.64 1,289.00 178,159.44
163 2,989.64 1,712.83 1,276.81 176,446.61
164 2,989.64 1,725.10 1,264.53 174,721.51
165 2,989.64 1,737.47 1,252.17 172,984.04
166 2,989.64 1,749.92 1,239.72 171,234.12
167 2,989.64 1,762.46 1,227.18 169,471.66
168 2,989.64 1,775.09 1,214.55 167,696.57
169 2,989.64 1,787.81 1,201.83 165,908.76
170 2,989.64 1,800.62 1,189.01 164,108.14
171 2,989.64 1,813.53 1,176.11 162,294.61
172 2,989.64 1,826.53 1,163.11 160,468.09
173 2,989.64 1,839.62 1,150.02 158,628.47
174 2,989.64 1,852.80 1,136.84 156,775.67
175 2,989.64 1,866.08 1,123.56 154,909.59
176 2,989.64 1,879.45 1,110.19 153,030.14
177 2,989.64 1,892.92 1,096.72 151,137.22
178 2,989.64 1,906.49 1,083.15 149,230.74
179 2,989.64 1,920.15 1,069.49 147,310.59
180 2,989.64 1,933.91 1,055.73 145,376.68
181 2,989.64 1,947.77 1,041.87 143,428.90
182 2,989.64 1,961.73 1,027.91 141,467.18
183 2,989.64 1,975.79 1,013.85 139,491.39
184 2,989.64 1,989.95 999.69 137,501.44
185 2,989.64 2,004.21 985.43 135,497.23
186 2,989.64 2,018.57 971.06 133,478.66
187 2,989.64 2,033.04 956.60 131,445.62
188 2,989.64 2,047.61 942.03 129,398.01
189 2,989.64 2,062.28 927.35 127,335.72
190 2,989.64 2,077.06 912.57 125,258.66
191 2,989.64 2,091.95 897.69 123,166.71
192 2,989.64 2,106.94 882.69 121,059.77
193 2,989.64 2,122.04 867.59 118,937.72
194 2,989.64 2,137.25 852.39 116,800.48
195 2,989.64 2,152.57 837.07 114,647.91
196 2,989.64 2,167.99 821.64 112,479.92
197 2,989.64 2,183.53 806.11 110,296.38
198 2,989.64 2,199.18 790.46 108,097.21
199 2,989.64 2,214.94 774.70 105,882.27
200 2,989.64 2,230.81 758.82 103,651.45
201 2,989.64 2,246.80 742.84 101,404.65
202 2,989.64 2,262.90 726.73 99,141.75
203 2,989.64 2,279.12 710.52 96,862.63
204 2,989.64 2,295.45 694.18 94,567.17
205 2,989.64 2,311.91 677.73 92,255.27
206 2,989.64 2,328.47 661.16 89,926.79
207 2,989.64 2,345.16 644.48 87,581.63
208 2,989.64 2,361.97 627.67 85,219.66
209 2,989.64 2,378.90 610.74 82,840.77
210 2,989.64 2,395.94 593.69 80,444.82
211 2,989.64 2,413.12 576.52 78,031.71
212 2,989.64 2,430.41 559.23 75,601.30
213 2,989.64 2,447.83 541.81 73,153.47
214 2,989.64 2,465.37 524.27 70,688.10
215 2,989.64 2,483.04 506.60 68,205.06
216 2,989.64 2,500.83 488.80 65,704.23
217 2,989.64 2,518.76 470.88 63,185.47
218 2,989.64 2,536.81 452.83 60,648.67
219 2,989.64 2,554.99 434.65 58,093.68
220 2,989.64 2,573.30 416.34 55,520.38
221 2,989.64 2,591.74 397.90 52,928.64
222 2,989.64 2,610.31 379.32 50,318.32
223 2,989.64 2,629.02 360.61 47,689.30
224 2,989.64 2,647.86 341.77 45,041.44
225 2,989.64 2,666.84 322.80 42,374.60
226 2,989.64 2,685.95 303.68 39,688.65
227 2,989.64 2,705.20 284.44 36,983.45
228 2,989.64 2,724.59 265.05 34,258.86
229 2,989.64 2,744.11 245.52 31,514.74
230 2,989.64 2,763.78 225.86 28,750.96
231 2,989.64 2,783.59 206.05 25,967.37
232 2,989.64 2,803.54 186.10 23,163.84
233 2,989.64 2,823.63 166.01 20,340.21
234 2,989.64 2,843.87 145.77 17,496.34
235 2,989.64 2,864.25 125.39 14,632.10
236 2,989.64 2,884.77 104.86 11,747.32
237 2,989.64 2,905.45 84.19 8,841.87
238 2,989.64 2,926.27 63.37 5,915.60
239 2,989.64 2,947.24 42.40 2,968.36
240 2,989.64 2,968.36 21.27 0.00