Mortgage Loan of $38,000 for 10 Years at 5.50%

What's the payment on a 10 year home loan for $38k at 5.50% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $412.40

$4,949 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $38k 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 38,000 loan for 10 years at 5.50 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	412.40	238.23	174.17	37,761.77
2	412.40	239.33	173.07	37,522.44
3	412.40	240.42	171.98	37,282.02
4	412.40	241.52	170.88	37,040.50
5	412.40	242.63	169.77	36,797.86
6	412.40	243.74	168.66	36,554.12
7	412.40	244.86	167.54	36,309.26
8	412.40	245.98	166.42	36,063.28
9	412.40	247.11	165.29	35,816.17
10	412.40	248.24	164.16	35,567.93
11	412.40	249.38	163.02	35,318.55
12	412.40	250.52	161.88	35,068.02
13	412.40	251.67	160.73	34,816.35
14	412.40	252.82	159.57	34,563.53
15	412.40	253.98	158.42	34,309.54
16	412.40	255.15	157.25	34,054.40
17	412.40	256.32	156.08	33,798.08
18	412.40	257.49	154.91	33,540.59
19	412.40	258.67	153.73	33,281.91
20	412.40	259.86	152.54	33,022.06
21	412.40	261.05	151.35	32,761.01
22	412.40	262.25	150.15	32,498.76
23	412.40	263.45	148.95	32,235.32
24	412.40	264.65	147.75	31,970.66
25	412.40	265.87	146.53	31,704.79
26	412.40	267.09	145.31	31,437.71
27	412.40	268.31	144.09	31,169.40
28	412.40	269.54	142.86	30,899.86
29	412.40	270.78	141.62	30,629.08
30	412.40	272.02	140.38	30,357.06
31	412.40	273.26	139.14	30,083.80
32	412.40	274.52	137.88	29,809.29
33	412.40	275.77	136.63	29,533.51
34	412.40	277.04	135.36	29,256.47
35	412.40	278.31	134.09	28,978.17
36	412.40	279.58	132.82	28,698.58
37	412.40	280.86	131.54	28,417.72
38	412.40	282.15	130.25	28,135.57
39	412.40	283.45	128.95	27,852.12
40	412.40	284.74	127.66	27,567.38
41	412.40	286.05	126.35	27,281.33
42	412.40	287.36	125.04	26,993.97
43	412.40	288.68	123.72	26,705.29
44	412.40	290.00	122.40	26,415.29
45	412.40	291.33	121.07	26,123.96
46	412.40	292.67	119.73	25,831.29
47	412.40	294.01	118.39	25,537.29
48	412.40	295.35	117.05	25,241.93
49	412.40	296.71	115.69	24,945.23
50	412.40	298.07	114.33	24,647.16
51	412.40	299.43	112.97	24,347.72
52	412.40	300.81	111.59	24,046.92
53	412.40	302.18	110.22	23,744.73
54	412.40	303.57	108.83	23,441.16
55	412.40	304.96	107.44	23,136.20
56	412.40	306.36	106.04	22,829.84
57	412.40	307.76	104.64	22,522.08
58	412.40	309.17	103.23	22,212.91
59	412.40	310.59	101.81	21,902.32
60	412.40	312.01	100.39	21,590.30
61	412.40	313.44	98.96	21,276.86
62	412.40	314.88	97.52	20,961.98
63	412.40	316.32	96.08	20,645.65
64	412.40	317.77	94.63	20,327.88
65	412.40	319.23	93.17	20,008.65
66	412.40	320.69	91.71	19,687.95
67	412.40	322.16	90.24	19,365.79
68	412.40	323.64	88.76	19,042.15
69	412.40	325.12	87.28	18,717.03
70	412.40	326.61	85.79	18,390.41
71	412.40	328.11	84.29	18,062.30
72	412.40	329.61	82.79	17,732.69
73	412.40	331.13	81.27	17,401.56
74	412.40	332.64	79.76	17,068.92
75	412.40	334.17	78.23	16,734.75
76	412.40	335.70	76.70	16,399.06
77	412.40	337.24	75.16	16,061.82
78	412.40	338.78	73.62	15,723.03
79	412.40	340.34	72.06	15,382.70
80	412.40	341.90	70.50	15,040.80
81	412.40	343.46	68.94	14,697.34
82	412.40	345.04	67.36	14,352.30
83	412.40	346.62	65.78	14,005.68
84	412.40	348.21	64.19	13,657.48
85	412.40	349.80	62.60	13,307.67
86	412.40	351.41	60.99	12,956.27
87	412.40	353.02	59.38	12,603.25
88	412.40	354.63	57.76	12,248.62
89	412.40	356.26	56.14	11,892.36
90	412.40	357.89	54.51	11,534.46
91	412.40	359.53	52.87	11,174.93
92	412.40	361.18	51.22	10,813.75
93	412.40	362.84	49.56	10,450.91
94	412.40	364.50	47.90	10,086.41
95	412.40	366.17	46.23	9,720.24
96	412.40	367.85	44.55	9,352.39
97	412.40	369.53	42.87	8,982.86
98	412.40	371.23	41.17	8,611.63
99	412.40	372.93	39.47	8,238.70
100	412.40	374.64	37.76	7,864.06
101	412.40	376.36	36.04	7,487.70
102	412.40	378.08	34.32	7,109.62
103	412.40	379.81	32.59	6,729.81
104	412.40	381.55	30.84	6,348.25
105	412.40	383.30	29.10	5,964.95
106	412.40	385.06	27.34	5,579.89
107	412.40	386.83	25.57	5,193.06
108	412.40	388.60	23.80	4,804.47
109	412.40	390.38	22.02	4,414.09
110	412.40	392.17	20.23	4,021.92
111	412.40	393.97	18.43	3,627.95
112	412.40	395.77	16.63	3,232.18
113	412.40	397.59	14.81	2,834.59
114	412.40	399.41	12.99	2,435.19
115	412.40	401.24	11.16	2,033.95
116	412.40	403.08	9.32	1,630.87
117	412.40	404.93	7.47	1,225.94
118	412.40	406.78	5.62	819.16
119	412.40	408.65	3.75	410.52
120	412.40	410.52	1.88	0.00