Mortgage Loan of $342,000 for 20 Years at 8.875%

What's the payment on a 20 year home loan for $342k at 8.875% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $3,049.62
$36,595 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 8.875 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 3,049.62 520.25 2,529.38 341,479.75
2 3,049.62 524.10 2,525.53 340,955.66
3 3,049.62 527.97 2,521.65 340,427.69
4 3,049.62 531.88 2,517.75 339,895.81
5 3,049.62 535.81 2,513.81 339,360.00
6 3,049.62 539.77 2,509.85 338,820.23
7 3,049.62 543.76 2,505.86 338,276.46
8 3,049.62 547.79 2,501.84 337,728.68
9 3,049.62 551.84 2,497.79 337,176.84
10 3,049.62 555.92 2,493.70 336,620.92
11 3,049.62 560.03 2,489.59 336,060.89
12 3,049.62 564.17 2,485.45 335,496.72
13 3,049.62 568.34 2,481.28 334,928.37
14 3,049.62 572.55 2,477.07 334,355.83
15 3,049.62 576.78 2,472.84 333,779.04
16 3,049.62 581.05 2,468.57 333,197.99
17 3,049.62 585.35 2,464.28 332,612.65
18 3,049.62 589.67 2,459.95 332,022.97
19 3,049.62 594.04 2,455.59 331,428.94
20 3,049.62 598.43 2,451.19 330,830.51
21 3,049.62 602.86 2,446.77 330,227.65
22 3,049.62 607.31 2,442.31 329,620.34
23 3,049.62 611.81 2,437.82 329,008.53
24 3,049.62 616.33 2,433.29 328,392.20
25 3,049.62 620.89 2,428.73 327,771.32
26 3,049.62 625.48 2,424.14 327,145.83
27 3,049.62 630.11 2,419.52 326,515.73
28 3,049.62 634.77 2,414.86 325,880.96
29 3,049.62 639.46 2,410.16 325,241.50
30 3,049.62 644.19 2,405.43 324,597.31
31 3,049.62 648.95 2,400.67 323,948.35
32 3,049.62 653.75 2,395.87 323,294.60
33 3,049.62 658.59 2,391.03 322,636.01
34 3,049.62 663.46 2,386.16 321,972.55
35 3,049.62 668.37 2,381.26 321,304.18
36 3,049.62 673.31 2,376.31 320,630.87
37 3,049.62 678.29 2,371.33 319,952.58
38 3,049.62 683.31 2,366.32 319,269.28
39 3,049.62 688.36 2,361.26 318,580.92
40 3,049.62 693.45 2,356.17 317,887.46
41 3,049.62 698.58 2,351.04 317,188.88
42 3,049.62 703.75 2,345.88 316,485.14
43 3,049.62 708.95 2,340.67 315,776.19
44 3,049.62 714.19 2,335.43 315,061.99
45 3,049.62 719.48 2,330.15 314,342.52
46 3,049.62 724.80 2,324.82 313,617.72
47 3,049.62 730.16 2,319.46 312,887.56
48 3,049.62 735.56 2,314.06 312,152.00
49 3,049.62 741.00 2,308.62 311,411.00
50 3,049.62 746.48 2,303.14 310,664.53
51 3,049.62 752.00 2,297.62 309,912.53
52 3,049.62 757.56 2,292.06 309,154.96
53 3,049.62 763.16 2,286.46 308,391.80
54 3,049.62 768.81 2,280.81 307,622.99
55 3,049.62 774.49 2,275.13 306,848.50
56 3,049.62 780.22 2,269.40 306,068.28
57 3,049.62 785.99 2,263.63 305,282.28
58 3,049.62 791.81 2,257.82 304,490.48
59 3,049.62 797.66 2,251.96 303,692.82
60 3,049.62 803.56 2,246.06 302,889.26
61 3,049.62 809.50 2,240.12 302,079.75
62 3,049.62 815.49 2,234.13 301,264.26
63 3,049.62 821.52 2,228.10 300,442.74
64 3,049.62 827.60 2,222.02 299,615.14
65 3,049.62 833.72 2,215.90 298,781.42
66 3,049.62 839.88 2,209.74 297,941.54
67 3,049.62 846.10 2,203.53 297,095.44
68 3,049.62 852.35 2,197.27 296,243.09
69 3,049.62 858.66 2,190.96 295,384.43
70 3,049.62 865.01 2,184.61 294,519.42
71 3,049.62 871.41 2,178.22 293,648.01
72 3,049.62 877.85 2,171.77 292,770.16
73 3,049.62 884.34 2,165.28 291,885.82
74 3,049.62 890.88 2,158.74 290,994.93
75 3,049.62 897.47 2,152.15 290,097.46
76 3,049.62 904.11 2,145.51 289,193.35
77 3,049.62 910.80 2,138.83 288,282.56
78 3,049.62 917.53 2,132.09 287,365.02
79 3,049.62 924.32 2,125.30 286,440.70
80 3,049.62 931.15 2,118.47 285,509.55
81 3,049.62 938.04 2,111.58 284,571.51
82 3,049.62 944.98 2,104.64 283,626.53
83 3,049.62 951.97 2,097.65 282,674.56
84 3,049.62 959.01 2,090.61 281,715.55
85 3,049.62 966.10 2,083.52 280,749.45
86 3,049.62 973.25 2,076.38 279,776.20
87 3,049.62 980.44 2,069.18 278,795.76
88 3,049.62 987.70 2,061.93 277,808.06
89 3,049.62 995.00 2,054.62 276,813.06
90 3,049.62 1,002.36 2,047.26 275,810.70
91 3,049.62 1,009.77 2,039.85 274,800.93
92 3,049.62 1,017.24 2,032.38 273,783.69
93 3,049.62 1,024.76 2,024.86 272,758.93
94 3,049.62 1,032.34 2,017.28 271,726.58
95 3,049.62 1,039.98 2,009.64 270,686.61
96 3,049.62 1,047.67 2,001.95 269,638.94
97 3,049.62 1,055.42 1,994.20 268,583.52
98 3,049.62 1,063.22 1,986.40 267,520.30
99 3,049.62 1,071.09 1,978.54 266,449.21
100 3,049.62 1,079.01 1,970.61 265,370.20
101 3,049.62 1,086.99 1,962.63 264,283.21
102 3,049.62 1,095.03 1,954.59 263,188.18
103 3,049.62 1,103.13 1,946.50 262,085.06
104 3,049.62 1,111.29 1,938.34 260,973.77
105 3,049.62 1,119.50 1,930.12 259,854.27
106 3,049.62 1,127.78 1,921.84 258,726.48
107 3,049.62 1,136.12 1,913.50 257,590.36
108 3,049.62 1,144.53 1,905.10 256,445.83
109 3,049.62 1,152.99 1,896.63 255,292.84
110 3,049.62 1,161.52 1,888.10 254,131.32
111 3,049.62 1,170.11 1,879.51 252,961.21
112 3,049.62 1,178.76 1,870.86 251,782.45
113 3,049.62 1,187.48 1,862.14 250,594.97
114 3,049.62 1,196.26 1,853.36 249,398.70
115 3,049.62 1,205.11 1,844.51 248,193.59
116 3,049.62 1,214.02 1,835.60 246,979.57
117 3,049.62 1,223.00 1,826.62 245,756.56
118 3,049.62 1,232.05 1,817.57 244,524.52
119 3,049.62 1,241.16 1,808.46 243,283.36
120 3,049.62 1,250.34 1,799.28 242,033.02
121 3,049.62 1,259.59 1,790.04 240,773.43
122 3,049.62 1,268.90 1,780.72 239,504.53
123 3,049.62 1,278.29 1,771.34 238,226.24
124 3,049.62 1,287.74 1,761.88 236,938.50
125 3,049.62 1,297.26 1,752.36 235,641.24
126 3,049.62 1,306.86 1,742.76 234,334.38
127 3,049.62 1,316.52 1,733.10 233,017.85
128 3,049.62 1,326.26 1,723.36 231,691.59
129 3,049.62 1,336.07 1,713.55 230,355.52
130 3,049.62 1,345.95 1,703.67 229,009.57
131 3,049.62 1,355.91 1,693.72 227,653.66
132 3,049.62 1,365.93 1,683.69 226,287.73
133 3,049.62 1,376.04 1,673.59 224,911.69
134 3,049.62 1,386.21 1,663.41 223,525.48
135 3,049.62 1,396.47 1,653.16 222,129.01
136 3,049.62 1,406.79 1,642.83 220,722.22
137 3,049.62 1,417.20 1,632.42 219,305.02
138 3,049.62 1,427.68 1,621.94 217,877.34
139 3,049.62 1,438.24 1,611.38 216,439.11
140 3,049.62 1,448.87 1,600.75 214,990.23
141 3,049.62 1,459.59 1,590.03 213,530.64
142 3,049.62 1,470.39 1,579.24 212,060.25
143 3,049.62 1,481.26 1,568.36 210,578.99
144 3,049.62 1,492.22 1,557.41 209,086.78
145 3,049.62 1,503.25 1,546.37 207,583.53
146 3,049.62 1,514.37 1,535.25 206,069.16
147 3,049.62 1,525.57 1,524.05 204,543.59
148 3,049.62 1,536.85 1,512.77 203,006.74
149 3,049.62 1,548.22 1,501.40 201,458.52
150 3,049.62 1,559.67 1,489.95 199,898.85
151 3,049.62 1,571.20 1,478.42 198,327.65
152 3,049.62 1,582.82 1,466.80 196,744.82
153 3,049.62 1,594.53 1,455.09 195,150.29
154 3,049.62 1,606.32 1,443.30 193,543.97
155 3,049.62 1,618.20 1,431.42 191,925.76
156 3,049.62 1,630.17 1,419.45 190,295.59
157 3,049.62 1,642.23 1,407.39 188,653.36
158 3,049.62 1,654.37 1,395.25 186,998.99
159 3,049.62 1,666.61 1,383.01 185,332.38
160 3,049.62 1,678.94 1,370.69 183,653.45
161 3,049.62 1,691.35 1,358.27 181,962.09
162 3,049.62 1,703.86 1,345.76 180,258.23
163 3,049.62 1,716.46 1,333.16 178,541.77
164 3,049.62 1,729.16 1,320.47 176,812.61
165 3,049.62 1,741.95 1,307.68 175,070.67
166 3,049.62 1,754.83 1,294.79 173,315.84
167 3,049.62 1,767.81 1,281.82 171,548.03
168 3,049.62 1,780.88 1,268.74 169,767.15
169 3,049.62 1,794.05 1,255.57 167,973.09
170 3,049.62 1,807.32 1,242.30 166,165.77
171 3,049.62 1,820.69 1,228.93 164,345.08
172 3,049.62 1,834.15 1,215.47 162,510.93
173 3,049.62 1,847.72 1,201.90 160,663.21
174 3,049.62 1,861.38 1,188.24 158,801.83
175 3,049.62 1,875.15 1,174.47 156,926.68
176 3,049.62 1,889.02 1,160.60 155,037.66
177 3,049.62 1,902.99 1,146.63 153,134.67
178 3,049.62 1,917.06 1,132.56 151,217.60
179 3,049.62 1,931.24 1,118.38 149,286.36
180 3,049.62 1,945.53 1,104.10 147,340.84
181 3,049.62 1,959.91 1,089.71 145,380.92
182 3,049.62 1,974.41 1,075.21 143,406.51
183 3,049.62 1,989.01 1,060.61 141,417.50
184 3,049.62 2,003.72 1,045.90 139,413.78
185 3,049.62 2,018.54 1,031.08 137,395.24
186 3,049.62 2,033.47 1,016.15 135,361.77
187 3,049.62 2,048.51 1,001.11 133,313.26
188 3,049.62 2,063.66 985.96 131,249.60
189 3,049.62 2,078.92 970.70 129,170.68
190 3,049.62 2,094.30 955.32 127,076.38
191 3,049.62 2,109.79 939.84 124,966.59
192 3,049.62 2,125.39 924.23 122,841.20
193 3,049.62 2,141.11 908.51 120,700.09
194 3,049.62 2,156.94 892.68 118,543.15
195 3,049.62 2,172.90 876.73 116,370.25
196 3,049.62 2,188.97 860.65 114,181.28
197 3,049.62 2,205.16 844.47 111,976.12
198 3,049.62 2,221.47 828.16 109,754.66
199 3,049.62 2,237.90 811.73 107,516.76
200 3,049.62 2,254.45 795.18 105,262.32
201 3,049.62 2,271.12 778.50 102,991.20
202 3,049.62 2,287.92 761.71 100,703.28
203 3,049.62 2,304.84 744.78 98,398.44
204 3,049.62 2,321.88 727.74 96,076.56
205 3,049.62 2,339.06 710.57 93,737.50
206 3,049.62 2,356.36 693.27 91,381.15
207 3,049.62 2,373.78 675.84 89,007.36
208 3,049.62 2,391.34 658.28 86,616.02
209 3,049.62 2,409.02 640.60 84,207.00
210 3,049.62 2,426.84 622.78 81,780.16
211 3,049.62 2,444.79 604.83 79,335.37
212 3,049.62 2,462.87 586.75 76,872.50
213 3,049.62 2,481.09 568.54 74,391.41
214 3,049.62 2,499.44 550.19 71,891.97
215 3,049.62 2,517.92 531.70 69,374.05
216 3,049.62 2,536.54 513.08 66,837.51
217 3,049.62 2,555.30 494.32 64,282.21
218 3,049.62 2,574.20 475.42 61,708.00
219 3,049.62 2,593.24 456.38 59,114.76
220 3,049.62 2,612.42 437.20 56,502.34
221 3,049.62 2,631.74 417.88 53,870.60
222 3,049.62 2,651.20 398.42 51,219.40
223 3,049.62 2,670.81 378.81 48,548.59
224 3,049.62 2,690.57 359.06 45,858.02
225 3,049.62 2,710.46 339.16 43,147.56
226 3,049.62 2,730.51 319.11 40,417.05
227 3,049.62 2,750.70 298.92 37,666.34
228 3,049.62 2,771.05 278.57 34,895.29
229 3,049.62 2,791.54 258.08 32,103.75
230 3,049.62 2,812.19 237.43 29,291.56
231 3,049.62 2,832.99 216.64 26,458.57
232 3,049.62 2,853.94 195.68 23,604.64
233 3,049.62 2,875.05 174.58 20,729.59
234 3,049.62 2,896.31 153.31 17,833.28
235 3,049.62 2,917.73 131.89 14,915.55
236 3,049.62 2,939.31 110.31 11,976.24
237 3,049.62 2,961.05 88.57 9,015.19
238 3,049.62 2,982.95 66.67 6,032.24
239 3,049.62 3,005.01 44.61 3,027.23
240 3,049.62 3,027.23 22.39 0.00