Mortgage Loan of $388,000 for 20 Years at 7.00%

What's the payment on a 20 year home loan for $388k at 7.00% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $3,008.16

$36,098 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 7.00 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	3,008.16	744.83	2,263.33	387,255.17
2	3,008.16	749.17	2,258.99	386,506.00
3	3,008.16	753.54	2,254.62	385,752.46
4	3,008.16	757.94	2,250.22	384,994.52
5	3,008.16	762.36	2,245.80	384,232.16
6	3,008.16	766.81	2,241.35	383,465.36
7	3,008.16	771.28	2,236.88	382,694.08
8	3,008.16	775.78	2,232.38	381,918.30
9	3,008.16	780.30	2,227.86	381,138.00
10	3,008.16	784.85	2,223.30	380,353.15
11	3,008.16	789.43	2,218.73	379,563.71
12	3,008.16	794.04	2,214.12	378,769.67
13	3,008.16	798.67	2,209.49	377,971.00
14	3,008.16	803.33	2,204.83	377,167.67
15	3,008.16	808.02	2,200.14	376,359.66
16	3,008.16	812.73	2,195.43	375,546.93
17	3,008.16	817.47	2,190.69	374,729.46
18	3,008.16	822.24	2,185.92	373,907.22
19	3,008.16	827.03	2,181.13	373,080.19
20	3,008.16	831.86	2,176.30	372,248.33
21	3,008.16	836.71	2,171.45	371,411.62
22	3,008.16	841.59	2,166.57	370,570.03
23	3,008.16	846.50	2,161.66	369,723.53
24	3,008.16	851.44	2,156.72	368,872.09
25	3,008.16	856.41	2,151.75	368,015.68
26	3,008.16	861.40	2,146.76	367,154.28
27	3,008.16	866.43	2,141.73	366,287.85
28	3,008.16	871.48	2,136.68	365,416.37
29	3,008.16	876.56	2,131.60	364,539.81
30	3,008.16	881.68	2,126.48	363,658.13
31	3,008.16	886.82	2,121.34	362,771.31
32	3,008.16	891.99	2,116.17	361,879.31
33	3,008.16	897.20	2,110.96	360,982.12
34	3,008.16	902.43	2,105.73	360,079.69
35	3,008.16	907.70	2,100.46	359,171.99
36	3,008.16	912.99	2,095.17	358,259.00
37	3,008.16	918.32	2,089.84	357,340.69
38	3,008.16	923.67	2,084.49	356,417.01
39	3,008.16	929.06	2,079.10	355,487.95
40	3,008.16	934.48	2,073.68	354,553.47
41	3,008.16	939.93	2,068.23	353,613.54
42	3,008.16	945.41	2,062.75	352,668.13
43	3,008.16	950.93	2,057.23	351,717.20
44	3,008.16	956.48	2,051.68	350,760.72
45	3,008.16	962.06	2,046.10	349,798.67
46	3,008.16	967.67	2,040.49	348,831.00
47	3,008.16	973.31	2,034.85	347,857.69
48	3,008.16	978.99	2,029.17	346,878.70
49	3,008.16	984.70	2,023.46	345,893.99
50	3,008.16	990.44	2,017.71	344,903.55
51	3,008.16	996.22	2,011.94	343,907.33
52	3,008.16	1,002.03	2,006.13	342,905.29
53	3,008.16	1,007.88	2,000.28	341,897.41
54	3,008.16	1,013.76	1,994.40	340,883.66
55	3,008.16	1,019.67	1,988.49	339,863.98
56	3,008.16	1,025.62	1,982.54	338,838.36
57	3,008.16	1,031.60	1,976.56	337,806.76
58	3,008.16	1,037.62	1,970.54	336,769.14
59	3,008.16	1,043.67	1,964.49	335,725.47
60	3,008.16	1,049.76	1,958.40	334,675.71
61	3,008.16	1,055.88	1,952.27	333,619.82
62	3,008.16	1,062.04	1,946.12	332,557.78
63	3,008.16	1,068.24	1,939.92	331,489.54
64	3,008.16	1,074.47	1,933.69	330,415.07
65	3,008.16	1,080.74	1,927.42	329,334.33
66	3,008.16	1,087.04	1,921.12	328,247.29
67	3,008.16	1,093.38	1,914.78	327,153.90
68	3,008.16	1,099.76	1,908.40	326,054.14
69	3,008.16	1,106.18	1,901.98	324,947.96
70	3,008.16	1,112.63	1,895.53	323,835.33
71	3,008.16	1,119.12	1,889.04	322,716.21
72	3,008.16	1,125.65	1,882.51	321,590.56
73	3,008.16	1,132.21	1,875.94	320,458.35
74	3,008.16	1,138.82	1,869.34	319,319.53
75	3,008.16	1,145.46	1,862.70	318,174.07
76	3,008.16	1,152.14	1,856.02	317,021.92
77	3,008.16	1,158.87	1,849.29	315,863.06
78	3,008.16	1,165.63	1,842.53	314,697.43
79	3,008.16	1,172.42	1,835.74	313,525.01
80	3,008.16	1,179.26	1,828.90	312,345.74
81	3,008.16	1,186.14	1,822.02	311,159.60
82	3,008.16	1,193.06	1,815.10	309,966.54
83	3,008.16	1,200.02	1,808.14	308,766.52
84	3,008.16	1,207.02	1,801.14	307,559.49
85	3,008.16	1,214.06	1,794.10	306,345.43
86	3,008.16	1,221.14	1,787.02	305,124.29
87	3,008.16	1,228.27	1,779.89	303,896.02
88	3,008.16	1,235.43	1,772.73	302,660.58
89	3,008.16	1,242.64	1,765.52	301,417.94
90	3,008.16	1,249.89	1,758.27	300,168.06
91	3,008.16	1,257.18	1,750.98	298,910.88
92	3,008.16	1,264.51	1,743.65	297,646.36
93	3,008.16	1,271.89	1,736.27	296,374.47
94	3,008.16	1,279.31	1,728.85	295,095.17
95	3,008.16	1,286.77	1,721.39	293,808.39
96	3,008.16	1,294.28	1,713.88	292,514.12
97	3,008.16	1,301.83	1,706.33	291,212.29
98	3,008.16	1,309.42	1,698.74	289,902.87
99	3,008.16	1,317.06	1,691.10	288,585.81
100	3,008.16	1,324.74	1,683.42	287,261.06
101	3,008.16	1,332.47	1,675.69	285,928.59
102	3,008.16	1,340.24	1,667.92	284,588.35
103	3,008.16	1,348.06	1,660.10	283,240.29
104	3,008.16	1,355.92	1,652.24	281,884.37
105	3,008.16	1,363.83	1,644.33	280,520.53
106	3,008.16	1,371.79	1,636.37	279,148.74
107	3,008.16	1,379.79	1,628.37	277,768.95
108	3,008.16	1,387.84	1,620.32	276,381.11
109	3,008.16	1,395.94	1,612.22	274,985.17
110	3,008.16	1,404.08	1,604.08	273,581.09
111	3,008.16	1,412.27	1,595.89	272,168.82
112	3,008.16	1,420.51	1,587.65	270,748.31
113	3,008.16	1,428.79	1,579.37	269,319.52
114	3,008.16	1,437.13	1,571.03	267,882.39
115	3,008.16	1,445.51	1,562.65	266,436.88
116	3,008.16	1,453.94	1,554.22	264,982.93
117	3,008.16	1,462.43	1,545.73	263,520.50
118	3,008.16	1,470.96	1,537.20	262,049.55
119	3,008.16	1,479.54	1,528.62	260,570.01
120	3,008.16	1,488.17	1,519.99	259,081.84
121	3,008.16	1,496.85	1,511.31	257,584.99
122	3,008.16	1,505.58	1,502.58	256,079.41
123	3,008.16	1,514.36	1,493.80	254,565.05
124	3,008.16	1,523.20	1,484.96	253,041.85
125	3,008.16	1,532.08	1,476.08	251,509.77
126	3,008.16	1,541.02	1,467.14	249,968.75
127	3,008.16	1,550.01	1,458.15	248,418.74
128	3,008.16	1,559.05	1,449.11	246,859.69
129	3,008.16	1,568.15	1,440.01	245,291.55
130	3,008.16	1,577.29	1,430.87	243,714.25
131	3,008.16	1,586.49	1,421.67	242,127.76
132	3,008.16	1,595.75	1,412.41	240,532.01
133	3,008.16	1,605.06	1,403.10	238,926.96
134	3,008.16	1,614.42	1,393.74	237,312.54
135	3,008.16	1,623.84	1,384.32	235,688.70
136	3,008.16	1,633.31	1,374.85	234,055.39
137	3,008.16	1,642.84	1,365.32	232,412.55
138	3,008.16	1,652.42	1,355.74	230,760.13
139	3,008.16	1,662.06	1,346.10	229,098.07
140	3,008.16	1,671.75	1,336.41	227,426.32
141	3,008.16	1,681.51	1,326.65	225,744.81
142	3,008.16	1,691.32	1,316.84	224,053.50
143	3,008.16	1,701.18	1,306.98	222,352.32
144	3,008.16	1,711.10	1,297.06	220,641.21
145	3,008.16	1,721.09	1,287.07	218,920.13
146	3,008.16	1,731.13	1,277.03	217,189.00
147	3,008.16	1,741.22	1,266.94	215,447.78
148	3,008.16	1,751.38	1,256.78	213,696.40
149	3,008.16	1,761.60	1,246.56	211,934.80
150	3,008.16	1,771.87	1,236.29	210,162.92
151	3,008.16	1,782.21	1,225.95	208,380.71
152	3,008.16	1,792.61	1,215.55	206,588.11
153	3,008.16	1,803.06	1,205.10	204,785.05
154	3,008.16	1,813.58	1,194.58	202,971.47
155	3,008.16	1,824.16	1,184.00	201,147.31
156	3,008.16	1,834.80	1,173.36	199,312.51
157	3,008.16	1,845.50	1,162.66	197,467.00
158	3,008.16	1,856.27	1,151.89	195,610.73
159	3,008.16	1,867.10	1,141.06	193,743.64
160	3,008.16	1,877.99	1,130.17	191,865.65
161	3,008.16	1,888.94	1,119.22	189,976.70
162	3,008.16	1,899.96	1,108.20	188,076.74
163	3,008.16	1,911.05	1,097.11	186,165.70
164	3,008.16	1,922.19	1,085.97	184,243.50
165	3,008.16	1,933.41	1,074.75	182,310.10
166	3,008.16	1,944.68	1,063.48	180,365.41
167	3,008.16	1,956.03	1,052.13	178,409.38
168	3,008.16	1,967.44	1,040.72	176,441.95
169	3,008.16	1,978.92	1,029.24	174,463.03
170	3,008.16	1,990.46	1,017.70	172,472.57
171	3,008.16	2,002.07	1,006.09	170,470.50
172	3,008.16	2,013.75	994.41	168,456.75
173	3,008.16	2,025.50	982.66	166,431.26
174	3,008.16	2,037.31	970.85	164,393.95
175	3,008.16	2,049.20	958.96	162,344.75
176	3,008.16	2,061.15	947.01	160,283.60
177	3,008.16	2,073.17	934.99	158,210.43
178	3,008.16	2,085.27	922.89	156,125.16
179	3,008.16	2,097.43	910.73	154,027.73
180	3,008.16	2,109.66	898.50	151,918.07
181	3,008.16	2,121.97	886.19	149,796.10
182	3,008.16	2,134.35	873.81	147,661.75
183	3,008.16	2,146.80	861.36	145,514.95
184	3,008.16	2,159.32	848.84	143,355.63
185	3,008.16	2,171.92	836.24	141,183.71
186	3,008.16	2,184.59	823.57	138,999.12
187	3,008.16	2,197.33	810.83	136,801.79
188	3,008.16	2,210.15	798.01	134,591.64
189	3,008.16	2,223.04	785.12	132,368.60
190	3,008.16	2,236.01	772.15	130,132.59
191	3,008.16	2,249.05	759.11	127,883.53
192	3,008.16	2,262.17	745.99	125,621.36
193	3,008.16	2,275.37	732.79	123,345.99
194	3,008.16	2,288.64	719.52	121,057.35
195	3,008.16	2,301.99	706.17	118,755.36
196	3,008.16	2,315.42	692.74	116,439.94
197	3,008.16	2,328.93	679.23	114,111.01
198	3,008.16	2,342.51	665.65	111,768.50
199	3,008.16	2,356.18	651.98	109,412.32
200	3,008.16	2,369.92	638.24	107,042.40
201	3,008.16	2,383.75	624.41	104,658.66
202	3,008.16	2,397.65	610.51	102,261.01
203	3,008.16	2,411.64	596.52	99,849.37
204	3,008.16	2,425.71	582.45	97,423.66
205	3,008.16	2,439.86	568.30	94,983.81
206	3,008.16	2,454.09	554.07	92,529.72
207	3,008.16	2,468.40	539.76	90,061.32
208	3,008.16	2,482.80	525.36	87,578.51
209	3,008.16	2,497.29	510.87	85,081.23
210	3,008.16	2,511.85	496.31	82,569.38
211	3,008.16	2,526.51	481.65	80,042.87
212	3,008.16	2,541.24	466.92	77,501.63
213	3,008.16	2,556.07	452.09	74,945.56
214	3,008.16	2,570.98	437.18	72,374.58
215	3,008.16	2,585.97	422.19	69,788.61
216	3,008.16	2,601.06	407.10	67,187.55
217	3,008.16	2,616.23	391.93	64,571.32
218	3,008.16	2,631.49	376.67	61,939.82
219	3,008.16	2,646.84	361.32	59,292.98
220	3,008.16	2,662.28	345.88	56,630.69
221	3,008.16	2,677.81	330.35	53,952.88
222	3,008.16	2,693.43	314.73	51,259.45
223	3,008.16	2,709.15	299.01	48,550.30
224	3,008.16	2,724.95	283.21	45,825.35
225	3,008.16	2,740.85	267.31	43,084.50
226	3,008.16	2,756.83	251.33	40,327.67
227	3,008.16	2,772.92	235.24	37,554.76
228	3,008.16	2,789.09	219.07	34,765.67
229	3,008.16	2,805.36	202.80	31,960.30
230	3,008.16	2,821.72	186.44	29,138.58
231	3,008.16	2,838.18	169.98	26,300.40
232	3,008.16	2,854.74	153.42	23,445.65
233	3,008.16	2,871.39	136.77	20,574.26
234	3,008.16	2,888.14	120.02	17,686.12
235	3,008.16	2,904.99	103.17	14,781.13
236	3,008.16	2,921.94	86.22	11,859.19
237	3,008.16	2,938.98	69.18	8,920.21
238	3,008.16	2,956.13	52.03	5,964.08
239	3,008.16	2,973.37	34.79	2,990.71
240	3,008.16	2,990.71	17.45	0.00