Mortgage Loan of $55,000 for 20 Years at 5.50%
What's the payment on a 20 year home loan for $55k at 5.50% interest?
Results
Monthly payment: $378.34
$4,540 per year
What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $55k 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 55,000 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 | 378.34 | 126.25 | 252.08 | 54,873.75 |
2 | 378.34 | 126.83 | 251.50 | 54,746.91 |
3 | 378.34 | 127.41 | 250.92 | 54,619.50 |
4 | 378.34 | 128.00 | 250.34 | 54,491.50 |
5 | 378.34 | 128.59 | 249.75 | 54,362.91 |
6 | 378.34 | 129.17 | 249.16 | 54,233.74 |
7 | 378.34 | 129.77 | 248.57 | 54,103.97 |
8 | 378.34 | 130.36 | 247.98 | 53,973.61 |
9 | 378.34 | 130.96 | 247.38 | 53,842.65 |
10 | 378.34 | 131.56 | 246.78 | 53,711.09 |
11 | 378.34 | 132.16 | 246.18 | 53,578.93 |
12 | 378.34 | 132.77 | 245.57 | 53,446.16 |
13 | 378.34 | 133.38 | 244.96 | 53,312.79 |
14 | 378.34 | 133.99 | 244.35 | 53,178.80 |
15 | 378.34 | 134.60 | 243.74 | 53,044.20 |
16 | 378.34 | 135.22 | 243.12 | 52,908.98 |
17 | 378.34 | 135.84 | 242.50 | 52,773.14 |
18 | 378.34 | 136.46 | 241.88 | 52,636.68 |
19 | 378.34 | 137.09 | 241.25 | 52,499.59 |
20 | 378.34 | 137.71 | 240.62 | 52,361.88 |
21 | 378.34 | 138.35 | 239.99 | 52,223.53 |
22 | 378.34 | 138.98 | 239.36 | 52,084.55 |
23 | 378.34 | 139.62 | 238.72 | 51,944.93 |
24 | 378.34 | 140.26 | 238.08 | 51,804.68 |
25 | 378.34 | 140.90 | 237.44 | 51,663.78 |
26 | 378.34 | 141.55 | 236.79 | 51,522.23 |
27 | 378.34 | 142.19 | 236.14 | 51,380.04 |
28 | 378.34 | 142.85 | 235.49 | 51,237.19 |
29 | 378.34 | 143.50 | 234.84 | 51,093.69 |
30 | 378.34 | 144.16 | 234.18 | 50,949.53 |
31 | 378.34 | 144.82 | 233.52 | 50,804.71 |
32 | 378.34 | 145.48 | 232.85 | 50,659.23 |
33 | 378.34 | 146.15 | 232.19 | 50,513.08 |
34 | 378.34 | 146.82 | 231.52 | 50,366.26 |
35 | 378.34 | 147.49 | 230.85 | 50,218.77 |
36 | 378.34 | 148.17 | 230.17 | 50,070.60 |
37 | 378.34 | 148.85 | 229.49 | 49,921.75 |
38 | 378.34 | 149.53 | 228.81 | 49,772.22 |
39 | 378.34 | 150.22 | 228.12 | 49,622.00 |
40 | 378.34 | 150.90 | 227.43 | 49,471.10 |
41 | 378.34 | 151.60 | 226.74 | 49,319.50 |
42 | 378.34 | 152.29 | 226.05 | 49,167.21 |
43 | 378.34 | 152.99 | 225.35 | 49,014.23 |
44 | 378.34 | 153.69 | 224.65 | 48,860.54 |
45 | 378.34 | 154.39 | 223.94 | 48,706.14 |
46 | 378.34 | 155.10 | 223.24 | 48,551.04 |
47 | 378.34 | 155.81 | 222.53 | 48,395.23 |
48 | 378.34 | 156.53 | 221.81 | 48,238.70 |
49 | 378.34 | 157.24 | 221.09 | 48,081.46 |
50 | 378.34 | 157.96 | 220.37 | 47,923.49 |
51 | 378.34 | 158.69 | 219.65 | 47,764.80 |
52 | 378.34 | 159.42 | 218.92 | 47,605.39 |
53 | 378.34 | 160.15 | 218.19 | 47,445.24 |
54 | 378.34 | 160.88 | 217.46 | 47,284.36 |
55 | 378.34 | 161.62 | 216.72 | 47,122.74 |
56 | 378.34 | 162.36 | 215.98 | 46,960.38 |
57 | 378.34 | 163.10 | 215.24 | 46,797.28 |
58 | 378.34 | 163.85 | 214.49 | 46,633.43 |
59 | 378.34 | 164.60 | 213.74 | 46,468.83 |
60 | 378.34 | 165.36 | 212.98 | 46,303.47 |
61 | 378.34 | 166.11 | 212.22 | 46,137.36 |
62 | 378.34 | 166.88 | 211.46 | 45,970.48 |
63 | 378.34 | 167.64 | 210.70 | 45,802.84 |
64 | 378.34 | 168.41 | 209.93 | 45,634.44 |
65 | 378.34 | 169.18 | 209.16 | 45,465.26 |
66 | 378.34 | 169.96 | 208.38 | 45,295.30 |
67 | 378.34 | 170.73 | 207.60 | 45,124.57 |
68 | 378.34 | 171.52 | 206.82 | 44,953.05 |
69 | 378.34 | 172.30 | 206.03 | 44,780.75 |
70 | 378.34 | 173.09 | 205.25 | 44,607.65 |
71 | 378.34 | 173.89 | 204.45 | 44,433.77 |
72 | 378.34 | 174.68 | 203.65 | 44,259.08 |
73 | 378.34 | 175.48 | 202.85 | 44,083.60 |
74 | 378.34 | 176.29 | 202.05 | 43,907.31 |
75 | 378.34 | 177.10 | 201.24 | 43,730.21 |
76 | 378.34 | 177.91 | 200.43 | 43,552.31 |
77 | 378.34 | 178.72 | 199.61 | 43,373.58 |
78 | 378.34 | 179.54 | 198.80 | 43,194.04 |
79 | 378.34 | 180.37 | 197.97 | 43,013.68 |
80 | 378.34 | 181.19 | 197.15 | 42,832.48 |
81 | 378.34 | 182.02 | 196.32 | 42,650.46 |
82 | 378.34 | 182.86 | 195.48 | 42,467.60 |
83 | 378.34 | 183.69 | 194.64 | 42,283.91 |
84 | 378.34 | 184.54 | 193.80 | 42,099.37 |
85 | 378.34 | 185.38 | 192.96 | 41,913.99 |
86 | 378.34 | 186.23 | 192.11 | 41,727.76 |
87 | 378.34 | 187.09 | 191.25 | 41,540.67 |
88 | 378.34 | 187.94 | 190.39 | 41,352.73 |
89 | 378.34 | 188.80 | 189.53 | 41,163.92 |
90 | 378.34 | 189.67 | 188.67 | 40,974.25 |
91 | 378.34 | 190.54 | 187.80 | 40,783.72 |
92 | 378.34 | 191.41 | 186.93 | 40,592.30 |
93 | 378.34 | 192.29 | 186.05 | 40,400.01 |
94 | 378.34 | 193.17 | 185.17 | 40,206.84 |
95 | 378.34 | 194.06 | 184.28 | 40,012.78 |
96 | 378.34 | 194.95 | 183.39 | 39,817.84 |
97 | 378.34 | 195.84 | 182.50 | 39,622.00 |
98 | 378.34 | 196.74 | 181.60 | 39,425.26 |
99 | 378.34 | 197.64 | 180.70 | 39,227.62 |
100 | 378.34 | 198.54 | 179.79 | 39,029.08 |
101 | 378.34 | 199.45 | 178.88 | 38,829.62 |
102 | 378.34 | 200.37 | 177.97 | 38,629.25 |
103 | 378.34 | 201.29 | 177.05 | 38,427.97 |
104 | 378.34 | 202.21 | 176.13 | 38,225.76 |
105 | 378.34 | 203.14 | 175.20 | 38,022.62 |
106 | 378.34 | 204.07 | 174.27 | 37,818.55 |
107 | 378.34 | 205.00 | 173.34 | 37,613.55 |
108 | 378.34 | 205.94 | 172.40 | 37,407.61 |
109 | 378.34 | 206.89 | 171.45 | 37,200.72 |
110 | 378.34 | 207.83 | 170.50 | 36,992.89 |
111 | 378.34 | 208.79 | 169.55 | 36,784.10 |
112 | 378.34 | 209.74 | 168.59 | 36,574.35 |
113 | 378.34 | 210.71 | 167.63 | 36,363.65 |
114 | 378.34 | 211.67 | 166.67 | 36,151.98 |
115 | 378.34 | 212.64 | 165.70 | 35,939.34 |
116 | 378.34 | 213.62 | 164.72 | 35,725.72 |
117 | 378.34 | 214.60 | 163.74 | 35,511.13 |
118 | 378.34 | 215.58 | 162.76 | 35,295.55 |
119 | 378.34 | 216.57 | 161.77 | 35,078.98 |
120 | 378.34 | 217.56 | 160.78 | 34,861.42 |
121 | 378.34 | 218.56 | 159.78 | 34,642.86 |
122 | 378.34 | 219.56 | 158.78 | 34,423.31 |
123 | 378.34 | 220.56 | 157.77 | 34,202.74 |
124 | 378.34 | 221.58 | 156.76 | 33,981.17 |
125 | 378.34 | 222.59 | 155.75 | 33,758.57 |
126 | 378.34 | 223.61 | 154.73 | 33,534.96 |
127 | 378.34 | 224.64 | 153.70 | 33,310.33 |
128 | 378.34 | 225.67 | 152.67 | 33,084.66 |
129 | 378.34 | 226.70 | 151.64 | 32,857.96 |
130 | 378.34 | 227.74 | 150.60 | 32,630.22 |
131 | 378.34 | 228.78 | 149.56 | 32,401.44 |
132 | 378.34 | 229.83 | 148.51 | 32,171.61 |
133 | 378.34 | 230.88 | 147.45 | 31,940.72 |
134 | 378.34 | 231.94 | 146.39 | 31,708.78 |
135 | 378.34 | 233.01 | 145.33 | 31,475.77 |
136 | 378.34 | 234.07 | 144.26 | 31,241.70 |
137 | 378.34 | 235.15 | 143.19 | 31,006.55 |
138 | 378.34 | 236.22 | 142.11 | 30,770.33 |
139 | 378.34 | 237.31 | 141.03 | 30,533.02 |
140 | 378.34 | 238.40 | 139.94 | 30,294.63 |
141 | 378.34 | 239.49 | 138.85 | 30,055.14 |
142 | 378.34 | 240.59 | 137.75 | 29,814.55 |
143 | 378.34 | 241.69 | 136.65 | 29,572.87 |
144 | 378.34 | 242.80 | 135.54 | 29,330.07 |
145 | 378.34 | 243.91 | 134.43 | 29,086.16 |
146 | 378.34 | 245.03 | 133.31 | 28,841.13 |
147 | 378.34 | 246.15 | 132.19 | 28,594.99 |
148 | 378.34 | 247.28 | 131.06 | 28,347.71 |
149 | 378.34 | 248.41 | 129.93 | 28,099.30 |
150 | 378.34 | 249.55 | 128.79 | 27,849.75 |
151 | 378.34 | 250.69 | 127.64 | 27,599.05 |
152 | 378.34 | 251.84 | 126.50 | 27,347.21 |
153 | 378.34 | 253.00 | 125.34 | 27,094.21 |
154 | 378.34 | 254.16 | 124.18 | 26,840.06 |
155 | 378.34 | 255.32 | 123.02 | 26,584.74 |
156 | 378.34 | 256.49 | 121.85 | 26,328.25 |
157 | 378.34 | 257.67 | 120.67 | 26,070.58 |
158 | 378.34 | 258.85 | 119.49 | 25,811.73 |
159 | 378.34 | 260.03 | 118.30 | 25,551.70 |
160 | 378.34 | 261.23 | 117.11 | 25,290.47 |
161 | 378.34 | 262.42 | 115.91 | 25,028.05 |
162 | 378.34 | 263.63 | 114.71 | 24,764.42 |
163 | 378.34 | 264.83 | 113.50 | 24,499.59 |
164 | 378.34 | 266.05 | 112.29 | 24,233.54 |
165 | 378.34 | 267.27 | 111.07 | 23,966.27 |
166 | 378.34 | 268.49 | 109.85 | 23,697.78 |
167 | 378.34 | 269.72 | 108.61 | 23,428.06 |
168 | 378.34 | 270.96 | 107.38 | 23,157.10 |
169 | 378.34 | 272.20 | 106.14 | 22,884.89 |
170 | 378.34 | 273.45 | 104.89 | 22,611.45 |
171 | 378.34 | 274.70 | 103.64 | 22,336.74 |
172 | 378.34 | 275.96 | 102.38 | 22,060.78 |
173 | 378.34 | 277.23 | 101.11 | 21,783.56 |
174 | 378.34 | 278.50 | 99.84 | 21,505.06 |
175 | 378.34 | 279.77 | 98.56 | 21,225.29 |
176 | 378.34 | 281.06 | 97.28 | 20,944.23 |
177 | 378.34 | 282.34 | 95.99 | 20,661.89 |
178 | 378.34 | 283.64 | 94.70 | 20,378.25 |
179 | 378.34 | 284.94 | 93.40 | 20,093.31 |
180 | 378.34 | 286.24 | 92.09 | 19,807.07 |
181 | 378.34 | 287.56 | 90.78 | 19,519.51 |
182 | 378.34 | 288.87 | 89.46 | 19,230.64 |
183 | 378.34 | 290.20 | 88.14 | 18,940.44 |
184 | 378.34 | 291.53 | 86.81 | 18,648.91 |
185 | 378.34 | 292.86 | 85.47 | 18,356.05 |
186 | 378.34 | 294.21 | 84.13 | 18,061.84 |
187 | 378.34 | 295.55 | 82.78 | 17,766.29 |
188 | 378.34 | 296.91 | 81.43 | 17,469.38 |
189 | 378.34 | 298.27 | 80.07 | 17,171.11 |
190 | 378.34 | 299.64 | 78.70 | 16,871.47 |
191 | 378.34 | 301.01 | 77.33 | 16,570.46 |
192 | 378.34 | 302.39 | 75.95 | 16,268.07 |
193 | 378.34 | 303.78 | 74.56 | 15,964.30 |
194 | 378.34 | 305.17 | 73.17 | 15,659.13 |
195 | 378.34 | 306.57 | 71.77 | 15,352.56 |
196 | 378.34 | 307.97 | 70.37 | 15,044.59 |
197 | 378.34 | 309.38 | 68.95 | 14,735.21 |
198 | 378.34 | 310.80 | 67.54 | 14,424.40 |
199 | 378.34 | 312.23 | 66.11 | 14,112.18 |
200 | 378.34 | 313.66 | 64.68 | 13,798.52 |
201 | 378.34 | 315.09 | 63.24 | 13,483.43 |
202 | 378.34 | 316.54 | 61.80 | 13,166.89 |
203 | 378.34 | 317.99 | 60.35 | 12,848.90 |
204 | 378.34 | 319.45 | 58.89 | 12,529.45 |
205 | 378.34 | 320.91 | 57.43 | 12,208.54 |
206 | 378.34 | 322.38 | 55.96 | 11,886.16 |
207 | 378.34 | 323.86 | 54.48 | 11,562.30 |
208 | 378.34 | 325.34 | 52.99 | 11,236.95 |
209 | 378.34 | 326.84 | 51.50 | 10,910.12 |
210 | 378.34 | 328.33 | 50.00 | 10,581.78 |
211 | 378.34 | 329.84 | 48.50 | 10,251.94 |
212 | 378.34 | 331.35 | 46.99 | 9,920.59 |
213 | 378.34 | 332.87 | 45.47 | 9,587.73 |
214 | 378.34 | 334.39 | 43.94 | 9,253.33 |
215 | 378.34 | 335.93 | 42.41 | 8,917.41 |
216 | 378.34 | 337.47 | 40.87 | 8,579.94 |
217 | 378.34 | 339.01 | 39.32 | 8,240.93 |
218 | 378.34 | 340.57 | 37.77 | 7,900.36 |
219 | 378.34 | 342.13 | 36.21 | 7,558.23 |
220 | 378.34 | 343.70 | 34.64 | 7,214.53 |
221 | 378.34 | 345.27 | 33.07 | 6,869.26 |
222 | 378.34 | 346.85 | 31.48 | 6,522.41 |
223 | 378.34 | 348.44 | 29.89 | 6,173.96 |
224 | 378.34 | 350.04 | 28.30 | 5,823.92 |
225 | 378.34 | 351.65 | 26.69 | 5,472.28 |
226 | 378.34 | 353.26 | 25.08 | 5,119.02 |
227 | 378.34 | 354.88 | 23.46 | 4,764.15 |
228 | 378.34 | 356.50 | 21.84 | 4,407.64 |
229 | 378.34 | 358.14 | 20.20 | 4,049.51 |
230 | 378.34 | 359.78 | 18.56 | 3,689.73 |
231 | 378.34 | 361.43 | 16.91 | 3,328.30 |
232 | 378.34 | 363.08 | 15.25 | 2,965.22 |
233 | 378.34 | 364.75 | 13.59 | 2,600.47 |
234 | 378.34 | 366.42 | 11.92 | 2,234.05 |
235 | 378.34 | 368.10 | 10.24 | 1,865.95 |
236 | 378.34 | 369.79 | 8.55 | 1,496.17 |
237 | 378.34 | 371.48 | 6.86 | 1,124.69 |
238 | 378.34 | 373.18 | 5.15 | 751.51 |
239 | 378.34 | 374.89 | 3.44 | 376.61 |
240 | 378.34 | 376.61 | 1.73 | 0.00 |