Mortgage Loan of $388,000 for 20 Years at 5.50%

What's the payment on a 20 year home loan for $388k at 5.50% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $2,669.00
$32,028 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 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 2,669.00 890.67 1,778.33 387,109.33
2 2,669.00 894.75 1,774.25 386,214.58
3 2,669.00 898.85 1,770.15 385,315.73
4 2,669.00 902.97 1,766.03 384,412.75
5 2,669.00 907.11 1,761.89 383,505.64
6 2,669.00 911.27 1,757.73 382,594.37
7 2,669.00 915.45 1,753.56 381,678.93
8 2,669.00 919.64 1,749.36 380,759.29
9 2,669.00 923.86 1,745.15 379,835.43
10 2,669.00 928.09 1,740.91 378,907.34
11 2,669.00 932.34 1,736.66 377,975.00
12 2,669.00 936.62 1,732.39 377,038.38
13 2,669.00 940.91 1,728.09 376,097.47
14 2,669.00 945.22 1,723.78 375,152.25
15 2,669.00 949.55 1,719.45 374,202.69
16 2,669.00 953.91 1,715.10 373,248.79
17 2,669.00 958.28 1,710.72 372,290.51
18 2,669.00 962.67 1,706.33 371,327.84
19 2,669.00 967.08 1,701.92 370,360.75
20 2,669.00 971.52 1,697.49 369,389.24
21 2,669.00 975.97 1,693.03 368,413.27
22 2,669.00 980.44 1,688.56 367,432.82
23 2,669.00 984.94 1,684.07 366,447.89
24 2,669.00 989.45 1,679.55 365,458.44
25 2,669.00 993.98 1,675.02 364,464.45
26 2,669.00 998.54 1,670.46 363,465.91
27 2,669.00 1,003.12 1,665.89 362,462.80
28 2,669.00 1,007.71 1,661.29 361,455.08
29 2,669.00 1,012.33 1,656.67 360,442.75
30 2,669.00 1,016.97 1,652.03 359,425.77
31 2,669.00 1,021.63 1,647.37 358,404.14
32 2,669.00 1,026.32 1,642.69 357,377.82
33 2,669.00 1,031.02 1,637.98 356,346.80
34 2,669.00 1,035.75 1,633.26 355,311.06
35 2,669.00 1,040.49 1,628.51 354,270.56
36 2,669.00 1,045.26 1,623.74 353,225.30
37 2,669.00 1,050.05 1,618.95 352,175.25
38 2,669.00 1,054.87 1,614.14 351,120.38
39 2,669.00 1,059.70 1,609.30 350,060.68
40 2,669.00 1,064.56 1,604.44 348,996.12
41 2,669.00 1,069.44 1,599.57 347,926.68
42 2,669.00 1,074.34 1,594.66 346,852.34
43 2,669.00 1,079.26 1,589.74 345,773.08
44 2,669.00 1,084.21 1,584.79 344,688.87
45 2,669.00 1,089.18 1,579.82 343,599.69
46 2,669.00 1,094.17 1,574.83 342,505.52
47 2,669.00 1,099.19 1,569.82 341,406.34
48 2,669.00 1,104.22 1,564.78 340,302.11
49 2,669.00 1,109.28 1,559.72 339,192.83
50 2,669.00 1,114.37 1,554.63 338,078.46
51 2,669.00 1,119.48 1,549.53 336,958.98
52 2,669.00 1,124.61 1,544.40 335,834.37
53 2,669.00 1,129.76 1,539.24 334,704.61
54 2,669.00 1,134.94 1,534.06 333,569.67
55 2,669.00 1,140.14 1,528.86 332,429.53
56 2,669.00 1,145.37 1,523.64 331,284.16
57 2,669.00 1,150.62 1,518.39 330,133.55
58 2,669.00 1,155.89 1,513.11 328,977.66
59 2,669.00 1,161.19 1,507.81 327,816.47
60 2,669.00 1,166.51 1,502.49 326,649.96
61 2,669.00 1,171.86 1,497.15 325,478.10
62 2,669.00 1,177.23 1,491.77 324,300.87
63 2,669.00 1,182.62 1,486.38 323,118.25
64 2,669.00 1,188.04 1,480.96 321,930.20
65 2,669.00 1,193.49 1,475.51 320,736.71
66 2,669.00 1,198.96 1,470.04 319,537.76
67 2,669.00 1,204.45 1,464.55 318,333.30
68 2,669.00 1,209.98 1,459.03 317,123.33
69 2,669.00 1,215.52 1,453.48 315,907.80
70 2,669.00 1,221.09 1,447.91 314,686.71
71 2,669.00 1,226.69 1,442.31 313,460.02
72 2,669.00 1,232.31 1,436.69 312,227.71
73 2,669.00 1,237.96 1,431.04 310,989.75
74 2,669.00 1,243.63 1,425.37 309,746.12
75 2,669.00 1,249.33 1,419.67 308,496.79
76 2,669.00 1,255.06 1,413.94 307,241.73
77 2,669.00 1,260.81 1,408.19 305,980.92
78 2,669.00 1,266.59 1,402.41 304,714.33
79 2,669.00 1,272.40 1,396.61 303,441.93
80 2,669.00 1,278.23 1,390.78 302,163.70
81 2,669.00 1,284.09 1,384.92 300,879.62
82 2,669.00 1,289.97 1,379.03 299,589.65
83 2,669.00 1,295.88 1,373.12 298,293.76
84 2,669.00 1,301.82 1,367.18 296,991.94
85 2,669.00 1,307.79 1,361.21 295,684.15
86 2,669.00 1,313.78 1,355.22 294,370.37
87 2,669.00 1,319.81 1,349.20 293,050.56
88 2,669.00 1,325.85 1,343.15 291,724.71
89 2,669.00 1,331.93 1,337.07 290,392.78
90 2,669.00 1,338.04 1,330.97 289,054.74
91 2,669.00 1,344.17 1,324.83 287,710.57
92 2,669.00 1,350.33 1,318.67 286,360.24
93 2,669.00 1,356.52 1,312.48 285,003.72
94 2,669.00 1,362.74 1,306.27 283,640.99
95 2,669.00 1,368.98 1,300.02 282,272.01
96 2,669.00 1,375.26 1,293.75 280,896.75
97 2,669.00 1,381.56 1,287.44 279,515.19
98 2,669.00 1,387.89 1,281.11 278,127.30
99 2,669.00 1,394.25 1,274.75 276,733.05
100 2,669.00 1,400.64 1,268.36 275,332.40
101 2,669.00 1,407.06 1,261.94 273,925.34
102 2,669.00 1,413.51 1,255.49 272,511.83
103 2,669.00 1,419.99 1,249.01 271,091.84
104 2,669.00 1,426.50 1,242.50 269,665.34
105 2,669.00 1,433.04 1,235.97 268,232.31
106 2,669.00 1,439.60 1,229.40 266,792.70
107 2,669.00 1,446.20 1,222.80 265,346.50
108 2,669.00 1,452.83 1,216.17 263,893.67
109 2,669.00 1,459.49 1,209.51 262,434.18
110 2,669.00 1,466.18 1,202.82 260,968.00
111 2,669.00 1,472.90 1,196.10 259,495.10
112 2,669.00 1,479.65 1,189.35 258,015.45
113 2,669.00 1,486.43 1,182.57 256,529.02
114 2,669.00 1,493.24 1,175.76 255,035.77
115 2,669.00 1,500.09 1,168.91 253,535.68
116 2,669.00 1,506.96 1,162.04 252,028.72
117 2,669.00 1,513.87 1,155.13 250,514.85
118 2,669.00 1,520.81 1,148.19 248,994.04
119 2,669.00 1,527.78 1,141.22 247,466.26
120 2,669.00 1,534.78 1,134.22 245,931.47
121 2,669.00 1,541.82 1,127.19 244,389.66
122 2,669.00 1,548.88 1,120.12 242,840.77
123 2,669.00 1,555.98 1,113.02 241,284.79
124 2,669.00 1,563.11 1,105.89 239,721.68
125 2,669.00 1,570.28 1,098.72 238,151.40
126 2,669.00 1,577.48 1,091.53 236,573.92
127 2,669.00 1,584.71 1,084.30 234,989.22
128 2,669.00 1,591.97 1,077.03 233,397.25
129 2,669.00 1,599.27 1,069.74 231,797.98
130 2,669.00 1,606.60 1,062.41 230,191.39
131 2,669.00 1,613.96 1,055.04 228,577.43
132 2,669.00 1,621.36 1,047.65 226,956.07
133 2,669.00 1,628.79 1,040.22 225,327.29
134 2,669.00 1,636.25 1,032.75 223,691.03
135 2,669.00 1,643.75 1,025.25 222,047.28
136 2,669.00 1,651.29 1,017.72 220,395.99
137 2,669.00 1,658.85 1,010.15 218,737.14
138 2,669.00 1,666.46 1,002.55 217,070.68
139 2,669.00 1,674.10 994.91 215,396.59
140 2,669.00 1,681.77 987.23 213,714.82
141 2,669.00 1,689.48 979.53 212,025.34
142 2,669.00 1,697.22 971.78 210,328.12
143 2,669.00 1,705.00 964.00 208,623.12
144 2,669.00 1,712.81 956.19 206,910.31
145 2,669.00 1,720.66 948.34 205,189.65
146 2,669.00 1,728.55 940.45 203,461.10
147 2,669.00 1,736.47 932.53 201,724.62
148 2,669.00 1,744.43 924.57 199,980.19
149 2,669.00 1,752.43 916.58 198,227.77
150 2,669.00 1,760.46 908.54 196,467.31
151 2,669.00 1,768.53 900.48 194,698.78
152 2,669.00 1,776.63 892.37 192,922.15
153 2,669.00 1,784.78 884.23 191,137.37
154 2,669.00 1,792.96 876.05 189,344.41
155 2,669.00 1,801.17 867.83 187,543.24
156 2,669.00 1,809.43 859.57 185,733.81
157 2,669.00 1,817.72 851.28 183,916.09
158 2,669.00 1,826.05 842.95 182,090.03
159 2,669.00 1,834.42 834.58 180,255.61
160 2,669.00 1,842.83 826.17 178,412.78
161 2,669.00 1,851.28 817.73 176,561.50
162 2,669.00 1,859.76 809.24 174,701.74
163 2,669.00 1,868.29 800.72 172,833.45
164 2,669.00 1,876.85 792.15 170,956.60
165 2,669.00 1,885.45 783.55 169,071.15
166 2,669.00 1,894.09 774.91 167,177.06
167 2,669.00 1,902.77 766.23 165,274.28
168 2,669.00 1,911.50 757.51 163,362.79
169 2,669.00 1,920.26 748.75 161,442.53
170 2,669.00 1,929.06 739.94 159,513.47
171 2,669.00 1,937.90 731.10 157,575.57
172 2,669.00 1,946.78 722.22 155,628.79
173 2,669.00 1,955.70 713.30 153,673.09
174 2,669.00 1,964.67 704.33 151,708.42
175 2,669.00 1,973.67 695.33 149,734.75
176 2,669.00 1,982.72 686.28 147,752.03
177 2,669.00 1,991.81 677.20 145,760.22
178 2,669.00 2,000.94 668.07 143,759.29
179 2,669.00 2,010.11 658.90 141,749.18
180 2,669.00 2,019.32 649.68 139,729.86
181 2,669.00 2,028.57 640.43 137,701.29
182 2,669.00 2,037.87 631.13 135,663.42
183 2,669.00 2,047.21 621.79 133,616.20
184 2,669.00 2,056.60 612.41 131,559.61
185 2,669.00 2,066.02 602.98 129,493.59
186 2,669.00 2,075.49 593.51 127,418.10
187 2,669.00 2,085.00 584.00 125,333.09
188 2,669.00 2,094.56 574.44 123,238.53
189 2,669.00 2,104.16 564.84 121,134.37
190 2,669.00 2,113.80 555.20 119,020.57
191 2,669.00 2,123.49 545.51 116,897.08
192 2,669.00 2,133.22 535.78 114,763.86
193 2,669.00 2,143.00 526.00 112,620.85
194 2,669.00 2,152.82 516.18 110,468.03
195 2,669.00 2,162.69 506.31 108,305.34
196 2,669.00 2,172.60 496.40 106,132.74
197 2,669.00 2,182.56 486.44 103,950.17
198 2,669.00 2,192.56 476.44 101,757.61
199 2,669.00 2,202.61 466.39 99,555.00
200 2,669.00 2,212.71 456.29 97,342.29
201 2,669.00 2,222.85 446.15 95,119.44
202 2,669.00 2,233.04 435.96 92,886.40
203 2,669.00 2,243.27 425.73 90,643.12
204 2,669.00 2,253.56 415.45 88,389.57
205 2,669.00 2,263.88 405.12 86,125.69
206 2,669.00 2,274.26 394.74 83,851.43
207 2,669.00 2,284.68 384.32 81,566.74
208 2,669.00 2,295.16 373.85 79,271.59
209 2,669.00 2,305.67 363.33 76,965.91
210 2,669.00 2,316.24 352.76 74,649.67
211 2,669.00 2,326.86 342.14 72,322.81
212 2,669.00 2,337.52 331.48 69,985.29
213 2,669.00 2,348.24 320.77 67,637.05
214 2,669.00 2,359.00 310.00 65,278.05
215 2,669.00 2,369.81 299.19 62,908.24
216 2,669.00 2,380.67 288.33 60,527.57
217 2,669.00 2,391.58 277.42 58,135.98
218 2,669.00 2,402.55 266.46 55,733.44
219 2,669.00 2,413.56 255.44 53,319.88
220 2,669.00 2,424.62 244.38 50,895.26
221 2,669.00 2,435.73 233.27 48,459.52
222 2,669.00 2,446.90 222.11 46,012.63
223 2,669.00 2,458.11 210.89 43,554.52
224 2,669.00 2,469.38 199.62 41,085.14
225 2,669.00 2,480.70 188.31 38,604.44
226 2,669.00 2,492.07 176.94 36,112.38
227 2,669.00 2,503.49 165.52 33,608.89
228 2,669.00 2,514.96 154.04 31,093.93
229 2,669.00 2,526.49 142.51 28,567.44
230 2,669.00 2,538.07 130.93 26,029.37
231 2,669.00 2,549.70 119.30 23,479.67
232 2,669.00 2,561.39 107.62 20,918.28
233 2,669.00 2,573.13 95.88 18,345.15
234 2,669.00 2,584.92 84.08 15,760.23
235 2,669.00 2,596.77 72.23 13,163.46
236 2,669.00 2,608.67 60.33 10,554.79
237 2,669.00 2,620.63 48.38 7,934.17
238 2,669.00 2,632.64 36.36 5,301.53
239 2,669.00 2,644.70 24.30 2,656.83
240 2,669.00 2,656.83 12.18 0.00