Mortgage Loan of $388,000 for 20 Years at 2.00%

What's the payment on a 20 year home loan for $388k at 2.00% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $1,962.83
$23,554 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $388k 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 388,000 loan for 20 years at 2.00 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 1,962.83 1,316.16 646.67 386,683.84
2 1,962.83 1,318.35 644.47 385,365.49
3 1,962.83 1,320.55 642.28 384,044.93
4 1,962.83 1,322.75 640.07 382,722.18
5 1,962.83 1,324.96 637.87 381,397.22
6 1,962.83 1,327.17 635.66 380,070.06
7 1,962.83 1,329.38 633.45 378,740.68
8 1,962.83 1,331.59 631.23 377,409.09
9 1,962.83 1,333.81 629.02 376,075.28
10 1,962.83 1,336.04 626.79 374,739.24
11 1,962.83 1,338.26 624.57 373,400.98
12 1,962.83 1,340.49 622.33 372,060.49
13 1,962.83 1,342.73 620.10 370,717.76
14 1,962.83 1,344.96 617.86 369,372.80
15 1,962.83 1,347.21 615.62 368,025.59
16 1,962.83 1,349.45 613.38 366,676.14
17 1,962.83 1,351.70 611.13 365,324.44
18 1,962.83 1,353.95 608.87 363,970.48
19 1,962.83 1,356.21 606.62 362,614.28
20 1,962.83 1,358.47 604.36 361,255.80
21 1,962.83 1,360.73 602.09 359,895.07
22 1,962.83 1,363.00 599.83 358,532.07
23 1,962.83 1,365.27 597.55 357,166.79
24 1,962.83 1,367.55 595.28 355,799.25
25 1,962.83 1,369.83 593.00 354,429.42
26 1,962.83 1,372.11 590.72 353,057.30
27 1,962.83 1,374.40 588.43 351,682.91
28 1,962.83 1,376.69 586.14 350,306.22
29 1,962.83 1,378.98 583.84 348,927.23
30 1,962.83 1,381.28 581.55 347,545.95
31 1,962.83 1,383.58 579.24 346,162.37
32 1,962.83 1,385.89 576.94 344,776.48
33 1,962.83 1,388.20 574.63 343,388.28
34 1,962.83 1,390.51 572.31 341,997.76
35 1,962.83 1,392.83 570.00 340,604.93
36 1,962.83 1,395.15 567.67 339,209.78
37 1,962.83 1,397.48 565.35 337,812.30
38 1,962.83 1,399.81 563.02 336,412.50
39 1,962.83 1,402.14 560.69 335,010.36
40 1,962.83 1,404.48 558.35 333,605.88
41 1,962.83 1,406.82 556.01 332,199.06
42 1,962.83 1,409.16 553.67 330,789.90
43 1,962.83 1,411.51 551.32 329,378.39
44 1,962.83 1,413.86 548.96 327,964.53
45 1,962.83 1,416.22 546.61 326,548.31
46 1,962.83 1,418.58 544.25 325,129.73
47 1,962.83 1,420.94 541.88 323,708.78
48 1,962.83 1,423.31 539.51 322,285.47
49 1,962.83 1,425.68 537.14 320,859.78
50 1,962.83 1,428.06 534.77 319,431.72
51 1,962.83 1,430.44 532.39 318,001.28
52 1,962.83 1,432.83 530.00 316,568.46
53 1,962.83 1,435.21 527.61 315,133.24
54 1,962.83 1,437.61 525.22 313,695.64
55 1,962.83 1,440.00 522.83 312,255.64
56 1,962.83 1,442.40 520.43 310,813.23
57 1,962.83 1,444.81 518.02 309,368.43
58 1,962.83 1,447.21 515.61 307,921.22
59 1,962.83 1,449.63 513.20 306,471.59
60 1,962.83 1,452.04 510.79 305,019.55
61 1,962.83 1,454.46 508.37 303,565.09
62 1,962.83 1,456.89 505.94 302,108.20
63 1,962.83 1,459.31 503.51 300,648.89
64 1,962.83 1,461.75 501.08 299,187.14
65 1,962.83 1,464.18 498.65 297,722.96
66 1,962.83 1,466.62 496.20 296,256.34
67 1,962.83 1,469.07 493.76 294,787.27
68 1,962.83 1,471.52 491.31 293,315.76
69 1,962.83 1,473.97 488.86 291,841.79
70 1,962.83 1,476.42 486.40 290,365.36
71 1,962.83 1,478.89 483.94 288,886.48
72 1,962.83 1,481.35 481.48 287,405.13
73 1,962.83 1,483.82 479.01 285,921.31
74 1,962.83 1,486.29 476.54 284,435.02
75 1,962.83 1,488.77 474.06 282,946.25
76 1,962.83 1,491.25 471.58 281,455.00
77 1,962.83 1,493.74 469.09 279,961.26
78 1,962.83 1,496.23 466.60 278,465.04
79 1,962.83 1,498.72 464.11 276,966.32
80 1,962.83 1,501.22 461.61 275,465.10
81 1,962.83 1,503.72 459.11 273,961.38
82 1,962.83 1,506.23 456.60 272,455.16
83 1,962.83 1,508.74 454.09 270,946.42
84 1,962.83 1,511.25 451.58 269,435.17
85 1,962.83 1,513.77 449.06 267,921.41
86 1,962.83 1,516.29 446.54 266,405.11
87 1,962.83 1,518.82 444.01 264,886.29
88 1,962.83 1,521.35 441.48 263,364.94
89 1,962.83 1,523.89 438.94 261,841.06
90 1,962.83 1,526.43 436.40 260,314.63
91 1,962.83 1,528.97 433.86 258,785.66
92 1,962.83 1,531.52 431.31 257,254.15
93 1,962.83 1,534.07 428.76 255,720.08
94 1,962.83 1,536.63 426.20 254,183.45
95 1,962.83 1,539.19 423.64 252,644.26
96 1,962.83 1,541.75 421.07 251,102.51
97 1,962.83 1,544.32 418.50 249,558.18
98 1,962.83 1,546.90 415.93 248,011.29
99 1,962.83 1,549.48 413.35 246,461.81
100 1,962.83 1,552.06 410.77 244,909.75
101 1,962.83 1,554.64 408.18 243,355.11
102 1,962.83 1,557.24 405.59 241,797.87
103 1,962.83 1,559.83 403.00 240,238.04
104 1,962.83 1,562.43 400.40 238,675.61
105 1,962.83 1,565.03 397.79 237,110.58
106 1,962.83 1,567.64 395.18 235,542.93
107 1,962.83 1,570.26 392.57 233,972.68
108 1,962.83 1,572.87 389.95 232,399.81
109 1,962.83 1,575.49 387.33 230,824.31
110 1,962.83 1,578.12 384.71 229,246.19
111 1,962.83 1,580.75 382.08 227,665.44
112 1,962.83 1,583.38 379.44 226,082.06
113 1,962.83 1,586.02 376.80 224,496.03
114 1,962.83 1,588.67 374.16 222,907.36
115 1,962.83 1,591.32 371.51 221,316.05
116 1,962.83 1,593.97 368.86 219,722.08
117 1,962.83 1,596.62 366.20 218,125.46
118 1,962.83 1,599.28 363.54 216,526.17
119 1,962.83 1,601.95 360.88 214,924.22
120 1,962.83 1,604.62 358.21 213,319.60
121 1,962.83 1,607.29 355.53 211,712.31
122 1,962.83 1,609.97 352.85 210,102.33
123 1,962.83 1,612.66 350.17 208,489.68
124 1,962.83 1,615.34 347.48 206,874.33
125 1,962.83 1,618.04 344.79 205,256.30
126 1,962.83 1,620.73 342.09 203,635.56
127 1,962.83 1,623.43 339.39 202,012.13
128 1,962.83 1,626.14 336.69 200,385.99
129 1,962.83 1,628.85 333.98 198,757.14
130 1,962.83 1,631.57 331.26 197,125.57
131 1,962.83 1,634.28 328.54 195,491.29
132 1,962.83 1,637.01 325.82 193,854.28
133 1,962.83 1,639.74 323.09 192,214.54
134 1,962.83 1,642.47 320.36 190,572.07
135 1,962.83 1,645.21 317.62 188,926.86
136 1,962.83 1,647.95 314.88 187,278.92
137 1,962.83 1,650.70 312.13 185,628.22
138 1,962.83 1,653.45 309.38 183,974.77
139 1,962.83 1,656.20 306.62 182,318.57
140 1,962.83 1,658.96 303.86 180,659.61
141 1,962.83 1,661.73 301.10 178,997.88
142 1,962.83 1,664.50 298.33 177,333.38
143 1,962.83 1,667.27 295.56 175,666.11
144 1,962.83 1,670.05 292.78 173,996.06
145 1,962.83 1,672.83 289.99 172,323.22
146 1,962.83 1,675.62 287.21 170,647.60
147 1,962.83 1,678.41 284.41 168,969.19
148 1,962.83 1,681.21 281.62 167,287.98
149 1,962.83 1,684.01 278.81 165,603.96
150 1,962.83 1,686.82 276.01 163,917.14
151 1,962.83 1,689.63 273.20 162,227.51
152 1,962.83 1,692.45 270.38 160,535.06
153 1,962.83 1,695.27 267.56 158,839.79
154 1,962.83 1,698.09 264.73 157,141.70
155 1,962.83 1,700.92 261.90 155,440.77
156 1,962.83 1,703.76 259.07 153,737.01
157 1,962.83 1,706.60 256.23 152,030.41
158 1,962.83 1,709.44 253.38 150,320.97
159 1,962.83 1,712.29 250.53 148,608.68
160 1,962.83 1,715.15 247.68 146,893.53
161 1,962.83 1,718.00 244.82 145,175.53
162 1,962.83 1,720.87 241.96 143,454.66
163 1,962.83 1,723.74 239.09 141,730.92
164 1,962.83 1,726.61 236.22 140,004.31
165 1,962.83 1,729.49 233.34 138,274.83
166 1,962.83 1,732.37 230.46 136,542.46
167 1,962.83 1,735.26 227.57 134,807.20
168 1,962.83 1,738.15 224.68 133,069.05
169 1,962.83 1,741.05 221.78 131,328.01
170 1,962.83 1,743.95 218.88 129,584.06
171 1,962.83 1,746.85 215.97 127,837.21
172 1,962.83 1,749.77 213.06 126,087.44
173 1,962.83 1,752.68 210.15 124,334.76
174 1,962.83 1,755.60 207.22 122,579.16
175 1,962.83 1,758.53 204.30 120,820.63
176 1,962.83 1,761.46 201.37 119,059.17
177 1,962.83 1,764.40 198.43 117,294.77
178 1,962.83 1,767.34 195.49 115,527.44
179 1,962.83 1,770.28 192.55 113,757.16
180 1,962.83 1,773.23 189.60 111,983.92
181 1,962.83 1,776.19 186.64 110,207.74
182 1,962.83 1,779.15 183.68 108,428.59
183 1,962.83 1,782.11 180.71 106,646.48
184 1,962.83 1,785.08 177.74 104,861.39
185 1,962.83 1,788.06 174.77 103,073.33
186 1,962.83 1,791.04 171.79 101,282.30
187 1,962.83 1,794.02 168.80 99,488.27
188 1,962.83 1,797.01 165.81 97,691.26
189 1,962.83 1,800.01 162.82 95,891.25
190 1,962.83 1,803.01 159.82 94,088.24
191 1,962.83 1,806.01 156.81 92,282.23
192 1,962.83 1,809.02 153.80 90,473.20
193 1,962.83 1,812.04 150.79 88,661.17
194 1,962.83 1,815.06 147.77 86,846.11
195 1,962.83 1,818.08 144.74 85,028.02
196 1,962.83 1,821.11 141.71 83,206.91
197 1,962.83 1,824.15 138.68 81,382.76
198 1,962.83 1,827.19 135.64 79,555.57
199 1,962.83 1,830.23 132.59 77,725.34
200 1,962.83 1,833.29 129.54 75,892.05
201 1,962.83 1,836.34 126.49 74,055.71
202 1,962.83 1,839.40 123.43 72,216.31
203 1,962.83 1,842.47 120.36 70,373.84
204 1,962.83 1,845.54 117.29 68,528.30
205 1,962.83 1,848.61 114.21 66,679.69
206 1,962.83 1,851.69 111.13 64,828.00
207 1,962.83 1,854.78 108.05 62,973.22
208 1,962.83 1,857.87 104.96 61,115.34
209 1,962.83 1,860.97 101.86 59,254.37
210 1,962.83 1,864.07 98.76 57,390.30
211 1,962.83 1,867.18 95.65 55,523.13
212 1,962.83 1,870.29 92.54 53,652.84
213 1,962.83 1,873.41 89.42 51,779.43
214 1,962.83 1,876.53 86.30 49,902.90
215 1,962.83 1,879.66 83.17 48,023.25
216 1,962.83 1,882.79 80.04 46,140.46
217 1,962.83 1,885.93 76.90 44,254.53
218 1,962.83 1,889.07 73.76 42,365.46
219 1,962.83 1,892.22 70.61 40,473.25
220 1,962.83 1,895.37 67.46 38,577.87
221 1,962.83 1,898.53 64.30 36,679.34
222 1,962.83 1,901.70 61.13 34,777.65
223 1,962.83 1,904.86 57.96 32,872.78
224 1,962.83 1,908.04 54.79 30,964.74
225 1,962.83 1,911.22 51.61 29,053.52
226 1,962.83 1,914.40 48.42 27,139.12
227 1,962.83 1,917.60 45.23 25,221.52
228 1,962.83 1,920.79 42.04 23,300.73
229 1,962.83 1,923.99 38.83 21,376.74
230 1,962.83 1,927.20 35.63 19,449.54
231 1,962.83 1,930.41 32.42 17,519.13
232 1,962.83 1,933.63 29.20 15,585.50
233 1,962.83 1,936.85 25.98 13,648.65
234 1,962.83 1,940.08 22.75 11,708.57
235 1,962.83 1,943.31 19.51 9,765.26
236 1,962.83 1,946.55 16.28 7,818.70
237 1,962.83 1,949.80 13.03 5,868.91
238 1,962.83 1,953.05 9.78 3,915.86
239 1,962.83 1,956.30 6.53 1,959.56
240 1,962.83 1,959.56 3.27 0.00