Mortgage Loan of $38,000 for 10 Years at 6.20%

What's the payment on a 10 year home loan for $38k at 6.20% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $425.70

$5,108 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 6.20 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	425.70	229.37	196.33	37,770.63
2	425.70	230.56	195.15	37,540.07
3	425.70	231.75	193.96	37,308.32
4	425.70	232.94	192.76	37,075.38
5	425.70	234.15	191.56	36,841.23
6	425.70	235.36	190.35	36,605.87
7	425.70	236.57	189.13	36,369.30
8	425.70	237.80	187.91	36,131.50
9	425.70	239.03	186.68	35,892.48
10	425.70	240.26	185.44	35,652.22
11	425.70	241.50	184.20	35,410.72
12	425.70	242.75	182.96	35,167.97
13	425.70	244.00	181.70	34,923.96
14	425.70	245.26	180.44	34,678.70
15	425.70	246.53	179.17	34,432.17
16	425.70	247.81	177.90	34,184.36
17	425.70	249.09	176.62	33,935.28
18	425.70	250.37	175.33	33,684.91
19	425.70	251.67	174.04	33,433.24
20	425.70	252.97	172.74	33,180.27
21	425.70	254.27	171.43	32,926.00
22	425.70	255.59	170.12	32,670.41
23	425.70	256.91	168.80	32,413.51
24	425.70	258.23	167.47	32,155.27
25	425.70	259.57	166.14	31,895.70
26	425.70	260.91	164.79	31,634.79
27	425.70	262.26	163.45	31,372.53
28	425.70	263.61	162.09	31,108.92
29	425.70	264.98	160.73	30,843.95
30	425.70	266.34	159.36	30,577.60
31	425.70	267.72	157.98	30,309.88
32	425.70	269.10	156.60	30,040.78
33	425.70	270.49	155.21	29,770.28
34	425.70	271.89	153.81	29,498.39
35	425.70	273.30	152.41	29,225.10
36	425.70	274.71	151.00	28,950.39
37	425.70	276.13	149.58	28,674.26
38	425.70	277.55	148.15	28,396.71
39	425.70	278.99	146.72	28,117.72
40	425.70	280.43	145.27	27,837.29
41	425.70	281.88	143.83	27,555.41
42	425.70	283.33	142.37	27,272.08
43	425.70	284.80	140.91	26,987.28
44	425.70	286.27	139.43	26,701.01
45	425.70	287.75	137.96	26,413.26
46	425.70	289.24	136.47	26,124.02
47	425.70	290.73	134.97	25,833.29
48	425.70	292.23	133.47	25,541.06
49	425.70	293.74	131.96	25,247.32
50	425.70	295.26	130.44	24,952.05
51	425.70	296.79	128.92	24,655.27
52	425.70	298.32	127.39	24,356.95
53	425.70	299.86	125.84	24,057.09
54	425.70	301.41	124.29	23,755.68
55	425.70	302.97	122.74	23,452.71
56	425.70	304.53	121.17	23,148.18
57	425.70	306.11	119.60	22,842.08
58	425.70	307.69	118.02	22,534.39
59	425.70	309.28	116.43	22,225.11
60	425.70	310.87	114.83	21,914.24
61	425.70	312.48	113.22	21,601.76
62	425.70	314.10	111.61	21,287.66
63	425.70	315.72	109.99	20,971.94
64	425.70	317.35	108.36	20,654.59
65	425.70	318.99	106.72	20,335.60
66	425.70	320.64	105.07	20,014.97
67	425.70	322.29	103.41	19,692.67
68	425.70	323.96	101.75	19,368.71
69	425.70	325.63	100.07	19,043.08
70	425.70	327.32	98.39	18,715.77
71	425.70	329.01	96.70	18,386.76
72	425.70	330.71	95.00	18,056.05
73	425.70	332.41	93.29	17,723.64
74	425.70	334.13	91.57	17,389.50
75	425.70	335.86	89.85	17,053.65
76	425.70	337.59	88.11	16,716.05
77	425.70	339.34	86.37	16,376.71
78	425.70	341.09	84.61	16,035.62
79	425.70	342.85	82.85	15,692.77
80	425.70	344.63	81.08	15,348.14
81	425.70	346.41	79.30	15,001.74
82	425.70	348.20	77.51	14,653.54
83	425.70	349.99	75.71	14,303.55
84	425.70	351.80	73.90	13,951.74
85	425.70	353.62	72.08	13,598.12
86	425.70	355.45	70.26	13,242.68
87	425.70	357.28	68.42	12,885.39
88	425.70	359.13	66.57	12,526.26
89	425.70	360.99	64.72	12,165.28
90	425.70	362.85	62.85	11,802.43
91	425.70	364.73	60.98	11,437.70
92	425.70	366.61	59.09	11,071.09
93	425.70	368.50	57.20	10,702.59
94	425.70	370.41	55.30	10,332.18
95	425.70	372.32	53.38	9,959.86
96	425.70	374.25	51.46	9,585.61
97	425.70	376.18	49.53	9,209.43
98	425.70	378.12	47.58	8,831.31
99	425.70	380.08	45.63	8,451.23
100	425.70	382.04	43.66	8,069.19
101	425.70	384.01	41.69	7,685.18
102	425.70	386.00	39.71	7,299.18
103	425.70	387.99	37.71	6,911.19
104	425.70	390.00	35.71	6,521.19
105	425.70	392.01	33.69	6,129.18
106	425.70	394.04	31.67	5,735.15
107	425.70	396.07	29.63	5,339.07
108	425.70	398.12	27.59	4,940.95
109	425.70	400.18	25.53	4,540.78
110	425.70	402.24	23.46	4,138.53
111	425.70	404.32	21.38	3,734.21
112	425.70	406.41	19.29	3,327.80
113	425.70	408.51	17.19	2,919.29
114	425.70	410.62	15.08	2,508.67
115	425.70	412.74	12.96	2,095.92
116	425.70	414.88	10.83	1,681.05
117	425.70	417.02	8.69	1,264.03
118	425.70	419.17	6.53	844.86
119	425.70	421.34	4.37	423.52
120	425.70	423.52	2.19	0.00