Mortgage Loan of $388,000 for 20 Years at 8.40%

What's the payment on a 20 year home loan for $388k at 8.40% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $3,342.64
$40,112 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 8.40 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 3,342.64 626.64 2,716.00 387,373.36
2 3,342.64 631.02 2,711.61 386,742.34
3 3,342.64 635.44 2,707.20 386,106.90
4 3,342.64 639.89 2,702.75 385,467.01
5 3,342.64 644.37 2,698.27 384,822.64
6 3,342.64 648.88 2,693.76 384,173.76
7 3,342.64 653.42 2,689.22 383,520.34
8 3,342.64 658.00 2,684.64 382,862.34
9 3,342.64 662.60 2,680.04 382,199.74
10 3,342.64 667.24 2,675.40 381,532.50
11 3,342.64 671.91 2,670.73 380,860.59
12 3,342.64 676.61 2,666.02 380,183.98
13 3,342.64 681.35 2,661.29 379,502.63
14 3,342.64 686.12 2,656.52 378,816.51
15 3,342.64 690.92 2,651.72 378,125.59
16 3,342.64 695.76 2,646.88 377,429.83
17 3,342.64 700.63 2,642.01 376,729.20
18 3,342.64 705.53 2,637.10 376,023.67
19 3,342.64 710.47 2,632.17 375,313.20
20 3,342.64 715.45 2,627.19 374,597.75
21 3,342.64 720.45 2,622.18 373,877.30
22 3,342.64 725.50 2,617.14 373,151.80
23 3,342.64 730.57 2,612.06 372,421.23
24 3,342.64 735.69 2,606.95 371,685.54
25 3,342.64 740.84 2,601.80 370,944.70
26 3,342.64 746.02 2,596.61 370,198.68
27 3,342.64 751.25 2,591.39 369,447.43
28 3,342.64 756.51 2,586.13 368,690.93
29 3,342.64 761.80 2,580.84 367,929.12
30 3,342.64 767.13 2,575.50 367,161.99
31 3,342.64 772.50 2,570.13 366,389.49
32 3,342.64 777.91 2,564.73 365,611.58
33 3,342.64 783.36 2,559.28 364,828.22
34 3,342.64 788.84 2,553.80 364,039.38
35 3,342.64 794.36 2,548.28 363,245.02
36 3,342.64 799.92 2,542.72 362,445.10
37 3,342.64 805.52 2,537.12 361,639.57
38 3,342.64 811.16 2,531.48 360,828.41
39 3,342.64 816.84 2,525.80 360,011.58
40 3,342.64 822.56 2,520.08 359,189.02
41 3,342.64 828.31 2,514.32 358,360.70
42 3,342.64 834.11 2,508.52 357,526.59
43 3,342.64 839.95 2,502.69 356,686.64
44 3,342.64 845.83 2,496.81 355,840.81
45 3,342.64 851.75 2,490.89 354,989.06
46 3,342.64 857.71 2,484.92 354,131.34
47 3,342.64 863.72 2,478.92 353,267.63
48 3,342.64 869.76 2,472.87 352,397.86
49 3,342.64 875.85 2,466.79 351,522.01
50 3,342.64 881.98 2,460.65 350,640.03
51 3,342.64 888.16 2,454.48 349,751.87
52 3,342.64 894.37 2,448.26 348,857.49
53 3,342.64 900.63 2,442.00 347,956.86
54 3,342.64 906.94 2,435.70 347,049.92
55 3,342.64 913.29 2,429.35 346,136.63
56 3,342.64 919.68 2,422.96 345,216.95
57 3,342.64 926.12 2,416.52 344,290.83
58 3,342.64 932.60 2,410.04 343,358.23
59 3,342.64 939.13 2,403.51 342,419.10
60 3,342.64 945.70 2,396.93 341,473.40
61 3,342.64 952.32 2,390.31 340,521.07
62 3,342.64 958.99 2,383.65 339,562.08
63 3,342.64 965.70 2,376.93 338,596.38
64 3,342.64 972.46 2,370.17 337,623.92
65 3,342.64 979.27 2,363.37 336,644.65
66 3,342.64 986.12 2,356.51 335,658.52
67 3,342.64 993.03 2,349.61 334,665.50
68 3,342.64 999.98 2,342.66 333,665.52
69 3,342.64 1,006.98 2,335.66 332,658.54
70 3,342.64 1,014.03 2,328.61 331,644.51
71 3,342.64 1,021.13 2,321.51 330,623.38
72 3,342.64 1,028.27 2,314.36 329,595.11
73 3,342.64 1,035.47 2,307.17 328,559.64
74 3,342.64 1,042.72 2,299.92 327,516.92
75 3,342.64 1,050.02 2,292.62 326,466.90
76 3,342.64 1,057.37 2,285.27 325,409.53
77 3,342.64 1,064.77 2,277.87 324,344.76
78 3,342.64 1,072.22 2,270.41 323,272.54
79 3,342.64 1,079.73 2,262.91 322,192.81
80 3,342.64 1,087.29 2,255.35 321,105.52
81 3,342.64 1,094.90 2,247.74 320,010.62
82 3,342.64 1,102.56 2,240.07 318,908.06
83 3,342.64 1,110.28 2,232.36 317,797.78
84 3,342.64 1,118.05 2,224.58 316,679.72
85 3,342.64 1,125.88 2,216.76 315,553.84
86 3,342.64 1,133.76 2,208.88 314,420.08
87 3,342.64 1,141.70 2,200.94 313,278.39
88 3,342.64 1,149.69 2,192.95 312,128.70
89 3,342.64 1,157.74 2,184.90 310,970.96
90 3,342.64 1,165.84 2,176.80 309,805.12
91 3,342.64 1,174.00 2,168.64 308,631.12
92 3,342.64 1,182.22 2,160.42 307,448.90
93 3,342.64 1,190.50 2,152.14 306,258.40
94 3,342.64 1,198.83 2,143.81 305,059.57
95 3,342.64 1,207.22 2,135.42 303,852.35
96 3,342.64 1,215.67 2,126.97 302,636.68
97 3,342.64 1,224.18 2,118.46 301,412.50
98 3,342.64 1,232.75 2,109.89 300,179.75
99 3,342.64 1,241.38 2,101.26 298,938.37
100 3,342.64 1,250.07 2,092.57 297,688.30
101 3,342.64 1,258.82 2,083.82 296,429.49
102 3,342.64 1,267.63 2,075.01 295,161.85
103 3,342.64 1,276.50 2,066.13 293,885.35
104 3,342.64 1,285.44 2,057.20 292,599.91
105 3,342.64 1,294.44 2,048.20 291,305.47
106 3,342.64 1,303.50 2,039.14 290,001.97
107 3,342.64 1,312.62 2,030.01 288,689.35
108 3,342.64 1,321.81 2,020.83 287,367.54
109 3,342.64 1,331.06 2,011.57 286,036.47
110 3,342.64 1,340.38 2,002.26 284,696.09
111 3,342.64 1,349.76 1,992.87 283,346.33
112 3,342.64 1,359.21 1,983.42 281,987.11
113 3,342.64 1,368.73 1,973.91 280,618.38
114 3,342.64 1,378.31 1,964.33 279,240.08
115 3,342.64 1,387.96 1,954.68 277,852.12
116 3,342.64 1,397.67 1,944.96 276,454.45
117 3,342.64 1,407.46 1,935.18 275,046.99
118 3,342.64 1,417.31 1,925.33 273,629.68
119 3,342.64 1,427.23 1,915.41 272,202.45
120 3,342.64 1,437.22 1,905.42 270,765.23
121 3,342.64 1,447.28 1,895.36 269,317.95
122 3,342.64 1,457.41 1,885.23 267,860.54
123 3,342.64 1,467.61 1,875.02 266,392.93
124 3,342.64 1,477.89 1,864.75 264,915.04
125 3,342.64 1,488.23 1,854.41 263,426.81
126 3,342.64 1,498.65 1,843.99 261,928.16
127 3,342.64 1,509.14 1,833.50 260,419.02
128 3,342.64 1,519.70 1,822.93 258,899.31
129 3,342.64 1,530.34 1,812.30 257,368.97
130 3,342.64 1,541.05 1,801.58 255,827.91
131 3,342.64 1,551.84 1,790.80 254,276.07
132 3,342.64 1,562.70 1,779.93 252,713.37
133 3,342.64 1,573.64 1,768.99 251,139.72
134 3,342.64 1,584.66 1,757.98 249,555.06
135 3,342.64 1,595.75 1,746.89 247,959.31
136 3,342.64 1,606.92 1,735.72 246,352.39
137 3,342.64 1,618.17 1,724.47 244,734.22
138 3,342.64 1,629.50 1,713.14 243,104.72
139 3,342.64 1,640.90 1,701.73 241,463.82
140 3,342.64 1,652.39 1,690.25 239,811.43
141 3,342.64 1,663.96 1,678.68 238,147.47
142 3,342.64 1,675.61 1,667.03 236,471.86
143 3,342.64 1,687.33 1,655.30 234,784.53
144 3,342.64 1,699.15 1,643.49 233,085.38
145 3,342.64 1,711.04 1,631.60 231,374.34
146 3,342.64 1,723.02 1,619.62 229,651.33
147 3,342.64 1,735.08 1,607.56 227,916.25
148 3,342.64 1,747.22 1,595.41 226,169.03
149 3,342.64 1,759.45 1,583.18 224,409.57
150 3,342.64 1,771.77 1,570.87 222,637.80
151 3,342.64 1,784.17 1,558.46 220,853.63
152 3,342.64 1,796.66 1,545.98 219,056.97
153 3,342.64 1,809.24 1,533.40 217,247.73
154 3,342.64 1,821.90 1,520.73 215,425.82
155 3,342.64 1,834.66 1,507.98 213,591.17
156 3,342.64 1,847.50 1,495.14 211,743.67
157 3,342.64 1,860.43 1,482.21 209,883.24
158 3,342.64 1,873.45 1,469.18 208,009.78
159 3,342.64 1,886.57 1,456.07 206,123.21
160 3,342.64 1,899.77 1,442.86 204,223.44
161 3,342.64 1,913.07 1,429.56 202,310.36
162 3,342.64 1,926.46 1,416.17 200,383.90
163 3,342.64 1,939.95 1,402.69 198,443.95
164 3,342.64 1,953.53 1,389.11 196,490.42
165 3,342.64 1,967.20 1,375.43 194,523.21
166 3,342.64 1,980.97 1,361.66 192,542.24
167 3,342.64 1,994.84 1,347.80 190,547.40
168 3,342.64 2,008.81 1,333.83 188,538.59
169 3,342.64 2,022.87 1,319.77 186,515.72
170 3,342.64 2,037.03 1,305.61 184,478.70
171 3,342.64 2,051.29 1,291.35 182,427.41
172 3,342.64 2,065.65 1,276.99 180,361.77
173 3,342.64 2,080.11 1,262.53 178,281.66
174 3,342.64 2,094.67 1,247.97 176,186.99
175 3,342.64 2,109.33 1,233.31 174,077.67
176 3,342.64 2,124.09 1,218.54 171,953.57
177 3,342.64 2,138.96 1,203.68 169,814.61
178 3,342.64 2,153.94 1,188.70 167,660.67
179 3,342.64 2,169.01 1,173.62 165,491.66
180 3,342.64 2,184.20 1,158.44 163,307.47
181 3,342.64 2,199.49 1,143.15 161,107.98
182 3,342.64 2,214.88 1,127.76 158,893.10
183 3,342.64 2,230.39 1,112.25 156,662.71
184 3,342.64 2,246.00 1,096.64 154,416.71
185 3,342.64 2,261.72 1,080.92 152,154.99
186 3,342.64 2,277.55 1,065.08 149,877.44
187 3,342.64 2,293.50 1,049.14 147,583.95
188 3,342.64 2,309.55 1,033.09 145,274.40
189 3,342.64 2,325.72 1,016.92 142,948.68
190 3,342.64 2,342.00 1,000.64 140,606.68
191 3,342.64 2,358.39 984.25 138,248.29
192 3,342.64 2,374.90 967.74 135,873.39
193 3,342.64 2,391.52 951.11 133,481.87
194 3,342.64 2,408.26 934.37 131,073.61
195 3,342.64 2,425.12 917.52 128,648.48
196 3,342.64 2,442.10 900.54 126,206.39
197 3,342.64 2,459.19 883.44 123,747.19
198 3,342.64 2,476.41 866.23 121,270.79
199 3,342.64 2,493.74 848.90 118,777.04
200 3,342.64 2,511.20 831.44 116,265.85
201 3,342.64 2,528.78 813.86 113,737.07
202 3,342.64 2,546.48 796.16 111,190.59
203 3,342.64 2,564.30 778.33 108,626.29
204 3,342.64 2,582.25 760.38 106,044.03
205 3,342.64 2,600.33 742.31 103,443.70
206 3,342.64 2,618.53 724.11 100,825.17
207 3,342.64 2,636.86 705.78 98,188.31
208 3,342.64 2,655.32 687.32 95,532.99
209 3,342.64 2,673.91 668.73 92,859.09
210 3,342.64 2,692.62 650.01 90,166.46
211 3,342.64 2,711.47 631.17 87,454.99
212 3,342.64 2,730.45 612.18 84,724.54
213 3,342.64 2,749.57 593.07 81,974.97
214 3,342.64 2,768.81 573.82 79,206.16
215 3,342.64 2,788.19 554.44 76,417.97
216 3,342.64 2,807.71 534.93 73,610.25
217 3,342.64 2,827.37 515.27 70,782.89
218 3,342.64 2,847.16 495.48 67,935.73
219 3,342.64 2,867.09 475.55 65,068.64
220 3,342.64 2,887.16 455.48 62,181.49
221 3,342.64 2,907.37 435.27 59,274.12
222 3,342.64 2,927.72 414.92 56,346.40
223 3,342.64 2,948.21 394.42 53,398.19
224 3,342.64 2,968.85 373.79 50,429.34
225 3,342.64 2,989.63 353.01 47,439.71
226 3,342.64 3,010.56 332.08 44,429.15
227 3,342.64 3,031.63 311.00 41,397.51
228 3,342.64 3,052.85 289.78 38,344.66
229 3,342.64 3,074.22 268.41 35,270.43
230 3,342.64 3,095.74 246.89 32,174.69
231 3,342.64 3,117.41 225.22 29,057.27
232 3,342.64 3,139.24 203.40 25,918.04
233 3,342.64 3,161.21 181.43 22,756.83
234 3,342.64 3,183.34 159.30 19,573.49
235 3,342.64 3,205.62 137.01 16,367.86
236 3,342.64 3,228.06 114.58 13,139.80
237 3,342.64 3,250.66 91.98 9,889.14
238 3,342.64 3,273.41 69.22 6,615.73
239 3,342.64 3,296.33 46.31 3,319.40
240 3,342.64 3,319.40 23.24 0.00