Mortgage Loan of $388,000 for 20 Years at 2.85%

What's the payment on a 20 year home loan for $388k at 2.85% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $2,122.82
$25,474 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 2.85 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 2,122.82 1,201.32 921.50 386,798.68
2 2,122.82 1,204.17 918.65 385,594.51
3 2,122.82 1,207.03 915.79 384,387.47
4 2,122.82 1,209.90 912.92 383,177.57
5 2,122.82 1,212.77 910.05 381,964.80
6 2,122.82 1,215.65 907.17 380,749.14
7 2,122.82 1,218.54 904.28 379,530.60
8 2,122.82 1,221.44 901.39 378,309.17
9 2,122.82 1,224.34 898.48 377,084.83
10 2,122.82 1,227.24 895.58 375,857.59
11 2,122.82 1,230.16 892.66 374,627.43
12 2,122.82 1,233.08 889.74 373,394.35
13 2,122.82 1,236.01 886.81 372,158.34
14 2,122.82 1,238.94 883.88 370,919.39
15 2,122.82 1,241.89 880.93 369,677.51
16 2,122.82 1,244.84 877.98 368,432.67
17 2,122.82 1,247.79 875.03 367,184.88
18 2,122.82 1,250.76 872.06 365,934.12
19 2,122.82 1,253.73 869.09 364,680.39
20 2,122.82 1,256.70 866.12 363,423.69
21 2,122.82 1,259.69 863.13 362,164.00
22 2,122.82 1,262.68 860.14 360,901.32
23 2,122.82 1,265.68 857.14 359,635.64
24 2,122.82 1,268.69 854.13 358,366.95
25 2,122.82 1,271.70 851.12 357,095.25
26 2,122.82 1,274.72 848.10 355,820.53
27 2,122.82 1,277.75 845.07 354,542.78
28 2,122.82 1,280.78 842.04 353,262.00
29 2,122.82 1,283.82 839.00 351,978.18
30 2,122.82 1,286.87 835.95 350,691.31
31 2,122.82 1,289.93 832.89 349,401.38
32 2,122.82 1,292.99 829.83 348,108.39
33 2,122.82 1,296.06 826.76 346,812.32
34 2,122.82 1,299.14 823.68 345,513.18
35 2,122.82 1,302.23 820.59 344,210.95
36 2,122.82 1,305.32 817.50 342,905.63
37 2,122.82 1,308.42 814.40 341,597.21
38 2,122.82 1,311.53 811.29 340,285.69
39 2,122.82 1,314.64 808.18 338,971.05
40 2,122.82 1,317.76 805.06 337,653.28
41 2,122.82 1,320.89 801.93 336,332.39
42 2,122.82 1,324.03 798.79 335,008.36
43 2,122.82 1,327.18 795.64 333,681.18
44 2,122.82 1,330.33 792.49 332,350.85
45 2,122.82 1,333.49 789.33 331,017.36
46 2,122.82 1,336.65 786.17 329,680.71
47 2,122.82 1,339.83 782.99 328,340.88
48 2,122.82 1,343.01 779.81 326,997.87
49 2,122.82 1,346.20 776.62 325,651.67
50 2,122.82 1,349.40 773.42 324,302.27
51 2,122.82 1,352.60 770.22 322,949.67
52 2,122.82 1,355.82 767.01 321,593.85
53 2,122.82 1,359.04 763.79 320,234.82
54 2,122.82 1,362.26 760.56 318,872.55
55 2,122.82 1,365.50 757.32 317,507.06
56 2,122.82 1,368.74 754.08 316,138.32
57 2,122.82 1,371.99 750.83 314,766.32
58 2,122.82 1,375.25 747.57 313,391.07
59 2,122.82 1,378.52 744.30 312,012.56
60 2,122.82 1,381.79 741.03 310,630.76
61 2,122.82 1,385.07 737.75 309,245.69
62 2,122.82 1,388.36 734.46 307,857.33
63 2,122.82 1,391.66 731.16 306,465.67
64 2,122.82 1,394.96 727.86 305,070.71
65 2,122.82 1,398.28 724.54 303,672.43
66 2,122.82 1,401.60 721.22 302,270.83
67 2,122.82 1,404.93 717.89 300,865.90
68 2,122.82 1,408.26 714.56 299,457.64
69 2,122.82 1,411.61 711.21 298,046.03
70 2,122.82 1,414.96 707.86 296,631.07
71 2,122.82 1,418.32 704.50 295,212.75
72 2,122.82 1,421.69 701.13 293,791.06
73 2,122.82 1,425.07 697.75 292,365.99
74 2,122.82 1,428.45 694.37 290,937.54
75 2,122.82 1,431.84 690.98 289,505.69
76 2,122.82 1,435.24 687.58 288,070.45
77 2,122.82 1,438.65 684.17 286,631.79
78 2,122.82 1,442.07 680.75 285,189.72
79 2,122.82 1,445.50 677.33 283,744.23
80 2,122.82 1,448.93 673.89 282,295.30
81 2,122.82 1,452.37 670.45 280,842.93
82 2,122.82 1,455.82 667.00 279,387.11
83 2,122.82 1,459.28 663.54 277,927.84
84 2,122.82 1,462.74 660.08 276,465.09
85 2,122.82 1,466.22 656.60 274,998.88
86 2,122.82 1,469.70 653.12 273,529.18
87 2,122.82 1,473.19 649.63 272,055.99
88 2,122.82 1,476.69 646.13 270,579.30
89 2,122.82 1,480.19 642.63 269,099.11
90 2,122.82 1,483.71 639.11 267,615.40
91 2,122.82 1,487.23 635.59 266,128.16
92 2,122.82 1,490.77 632.05 264,637.40
93 2,122.82 1,494.31 628.51 263,143.09
94 2,122.82 1,497.86 624.96 261,645.24
95 2,122.82 1,501.41 621.41 260,143.82
96 2,122.82 1,504.98 617.84 258,638.84
97 2,122.82 1,508.55 614.27 257,130.29
98 2,122.82 1,512.14 610.68 255,618.15
99 2,122.82 1,515.73 607.09 254,102.43
100 2,122.82 1,519.33 603.49 252,583.10
101 2,122.82 1,522.94 599.88 251,060.16
102 2,122.82 1,526.55 596.27 249,533.61
103 2,122.82 1,530.18 592.64 248,003.43
104 2,122.82 1,533.81 589.01 246,469.62
105 2,122.82 1,537.46 585.37 244,932.16
106 2,122.82 1,541.11 581.71 243,391.06
107 2,122.82 1,544.77 578.05 241,846.29
108 2,122.82 1,548.44 574.38 240,297.85
109 2,122.82 1,552.11 570.71 238,745.74
110 2,122.82 1,555.80 567.02 237,189.94
111 2,122.82 1,559.49 563.33 235,630.45
112 2,122.82 1,563.20 559.62 234,067.25
113 2,122.82 1,566.91 555.91 232,500.34
114 2,122.82 1,570.63 552.19 230,929.71
115 2,122.82 1,574.36 548.46 229,355.34
116 2,122.82 1,578.10 544.72 227,777.24
117 2,122.82 1,581.85 540.97 226,195.39
118 2,122.82 1,585.61 537.21 224,609.78
119 2,122.82 1,589.37 533.45 223,020.41
120 2,122.82 1,593.15 529.67 221,427.26
121 2,122.82 1,596.93 525.89 219,830.33
122 2,122.82 1,600.72 522.10 218,229.61
123 2,122.82 1,604.53 518.30 216,625.08
124 2,122.82 1,608.34 514.48 215,016.75
125 2,122.82 1,612.16 510.66 213,404.59
126 2,122.82 1,615.98 506.84 211,788.61
127 2,122.82 1,619.82 503.00 210,168.79
128 2,122.82 1,623.67 499.15 208,545.12
129 2,122.82 1,627.53 495.29 206,917.59
130 2,122.82 1,631.39 491.43 205,286.20
131 2,122.82 1,635.27 487.55 203,650.93
132 2,122.82 1,639.15 483.67 202,011.78
133 2,122.82 1,643.04 479.78 200,368.74
134 2,122.82 1,646.94 475.88 198,721.79
135 2,122.82 1,650.86 471.96 197,070.94
136 2,122.82 1,654.78 468.04 195,416.16
137 2,122.82 1,658.71 464.11 193,757.45
138 2,122.82 1,662.65 460.17 192,094.81
139 2,122.82 1,666.60 456.23 190,428.21
140 2,122.82 1,670.55 452.27 188,757.66
141 2,122.82 1,674.52 448.30 187,083.14
142 2,122.82 1,678.50 444.32 185,404.64
143 2,122.82 1,682.48 440.34 183,722.15
144 2,122.82 1,686.48 436.34 182,035.67
145 2,122.82 1,690.49 432.33 180,345.19
146 2,122.82 1,694.50 428.32 178,650.69
147 2,122.82 1,698.53 424.30 176,952.16
148 2,122.82 1,702.56 420.26 175,249.60
149 2,122.82 1,706.60 416.22 173,543.00
150 2,122.82 1,710.66 412.16 171,832.34
151 2,122.82 1,714.72 408.10 170,117.62
152 2,122.82 1,718.79 404.03 168,398.83
153 2,122.82 1,722.87 399.95 166,675.96
154 2,122.82 1,726.97 395.86 164,948.99
155 2,122.82 1,731.07 391.75 163,217.93
156 2,122.82 1,735.18 387.64 161,482.75
157 2,122.82 1,739.30 383.52 159,743.45
158 2,122.82 1,743.43 379.39 158,000.02
159 2,122.82 1,747.57 375.25 156,252.45
160 2,122.82 1,751.72 371.10 154,500.73
161 2,122.82 1,755.88 366.94 152,744.85
162 2,122.82 1,760.05 362.77 150,984.79
163 2,122.82 1,764.23 358.59 149,220.56
164 2,122.82 1,768.42 354.40 147,452.14
165 2,122.82 1,772.62 350.20 145,679.52
166 2,122.82 1,776.83 345.99 143,902.69
167 2,122.82 1,781.05 341.77 142,121.64
168 2,122.82 1,785.28 337.54 140,336.35
169 2,122.82 1,789.52 333.30 138,546.83
170 2,122.82 1,793.77 329.05 136,753.06
171 2,122.82 1,798.03 324.79 134,955.03
172 2,122.82 1,802.30 320.52 133,152.73
173 2,122.82 1,806.58 316.24 131,346.14
174 2,122.82 1,810.87 311.95 129,535.27
175 2,122.82 1,815.17 307.65 127,720.09
176 2,122.82 1,819.49 303.34 125,900.61
177 2,122.82 1,823.81 299.01 124,076.80
178 2,122.82 1,828.14 294.68 122,248.66
179 2,122.82 1,832.48 290.34 120,416.18
180 2,122.82 1,836.83 285.99 118,579.35
181 2,122.82 1,841.19 281.63 116,738.16
182 2,122.82 1,845.57 277.25 114,892.59
183 2,122.82 1,849.95 272.87 113,042.64
184 2,122.82 1,854.34 268.48 111,188.29
185 2,122.82 1,858.75 264.07 109,329.55
186 2,122.82 1,863.16 259.66 107,466.38
187 2,122.82 1,867.59 255.23 105,598.79
188 2,122.82 1,872.02 250.80 103,726.77
189 2,122.82 1,876.47 246.35 101,850.30
190 2,122.82 1,880.93 241.89 99,969.38
191 2,122.82 1,885.39 237.43 98,083.98
192 2,122.82 1,889.87 232.95 96,194.11
193 2,122.82 1,894.36 228.46 94,299.75
194 2,122.82 1,898.86 223.96 92,400.89
195 2,122.82 1,903.37 219.45 90,497.52
196 2,122.82 1,907.89 214.93 88,589.63
197 2,122.82 1,912.42 210.40 86,677.21
198 2,122.82 1,916.96 205.86 84,760.25
199 2,122.82 1,921.52 201.31 82,838.74
200 2,122.82 1,926.08 196.74 80,912.66
201 2,122.82 1,930.65 192.17 78,982.01
202 2,122.82 1,935.24 187.58 77,046.77
203 2,122.82 1,939.83 182.99 75,106.93
204 2,122.82 1,944.44 178.38 73,162.49
205 2,122.82 1,949.06 173.76 71,213.43
206 2,122.82 1,953.69 169.13 69,259.74
207 2,122.82 1,958.33 164.49 67,301.41
208 2,122.82 1,962.98 159.84 65,338.43
209 2,122.82 1,967.64 155.18 63,370.79
210 2,122.82 1,972.32 150.51 61,398.48
211 2,122.82 1,977.00 145.82 59,421.48
212 2,122.82 1,981.69 141.13 57,439.78
213 2,122.82 1,986.40 136.42 55,453.38
214 2,122.82 1,991.12 131.70 53,462.26
215 2,122.82 1,995.85 126.97 51,466.41
216 2,122.82 2,000.59 122.23 49,465.83
217 2,122.82 2,005.34 117.48 47,460.49
218 2,122.82 2,010.10 112.72 45,450.39
219 2,122.82 2,014.88 107.94 43,435.51
220 2,122.82 2,019.66 103.16 41,415.85
221 2,122.82 2,024.46 98.36 39,391.39
222 2,122.82 2,029.27 93.55 37,362.12
223 2,122.82 2,034.09 88.74 35,328.04
224 2,122.82 2,038.92 83.90 33,289.12
225 2,122.82 2,043.76 79.06 31,245.36
226 2,122.82 2,048.61 74.21 29,196.75
227 2,122.82 2,053.48 69.34 27,143.27
228 2,122.82 2,058.36 64.47 25,084.92
229 2,122.82 2,063.24 59.58 23,021.67
230 2,122.82 2,068.14 54.68 20,953.53
231 2,122.82 2,073.06 49.76 18,880.47
232 2,122.82 2,077.98 44.84 16,802.49
233 2,122.82 2,082.91 39.91 14,719.58
234 2,122.82 2,087.86 34.96 12,631.72
235 2,122.82 2,092.82 30.00 10,538.90
236 2,122.82 2,097.79 25.03 8,441.10
237 2,122.82 2,102.77 20.05 6,338.33
238 2,122.82 2,107.77 15.05 4,230.56
239 2,122.82 2,112.77 10.05 2,117.79
240 2,122.82 2,117.79 5.03 0.00