Mortgage Loan of $6,000 for 20 Years at 5.50%
What's the payment on a 20 year home loan for $6k at 5.50% interest?
Results
Monthly payment: $41.27
$495 per year
What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $6k 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 6,000 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 | 41.27 | 13.77 | 27.50 | 5,986.23 |
2 | 41.27 | 13.84 | 27.44 | 5,972.39 |
3 | 41.27 | 13.90 | 27.37 | 5,958.49 |
4 | 41.27 | 13.96 | 27.31 | 5,944.53 |
5 | 41.27 | 14.03 | 27.25 | 5,930.50 |
6 | 41.27 | 14.09 | 27.18 | 5,916.41 |
7 | 41.27 | 14.16 | 27.12 | 5,902.25 |
8 | 41.27 | 14.22 | 27.05 | 5,888.03 |
9 | 41.27 | 14.29 | 26.99 | 5,873.74 |
10 | 41.27 | 14.35 | 26.92 | 5,859.39 |
11 | 41.27 | 14.42 | 26.86 | 5,844.97 |
12 | 41.27 | 14.48 | 26.79 | 5,830.49 |
13 | 41.27 | 14.55 | 26.72 | 5,815.94 |
14 | 41.27 | 14.62 | 26.66 | 5,801.32 |
15 | 41.27 | 14.68 | 26.59 | 5,786.64 |
16 | 41.27 | 14.75 | 26.52 | 5,771.89 |
17 | 41.27 | 14.82 | 26.45 | 5,757.07 |
18 | 41.27 | 14.89 | 26.39 | 5,742.18 |
19 | 41.27 | 14.95 | 26.32 | 5,727.23 |
20 | 41.27 | 15.02 | 26.25 | 5,712.20 |
21 | 41.27 | 15.09 | 26.18 | 5,697.11 |
22 | 41.27 | 15.16 | 26.11 | 5,681.95 |
23 | 41.27 | 15.23 | 26.04 | 5,666.72 |
24 | 41.27 | 15.30 | 25.97 | 5,651.42 |
25 | 41.27 | 15.37 | 25.90 | 5,636.05 |
26 | 41.27 | 15.44 | 25.83 | 5,620.61 |
27 | 41.27 | 15.51 | 25.76 | 5,605.09 |
28 | 41.27 | 15.58 | 25.69 | 5,589.51 |
29 | 41.27 | 15.65 | 25.62 | 5,573.86 |
30 | 41.27 | 15.73 | 25.55 | 5,558.13 |
31 | 41.27 | 15.80 | 25.47 | 5,542.33 |
32 | 41.27 | 15.87 | 25.40 | 5,526.46 |
33 | 41.27 | 15.94 | 25.33 | 5,510.52 |
34 | 41.27 | 16.02 | 25.26 | 5,494.50 |
35 | 41.27 | 16.09 | 25.18 | 5,478.41 |
36 | 41.27 | 16.16 | 25.11 | 5,462.25 |
37 | 41.27 | 16.24 | 25.04 | 5,446.01 |
38 | 41.27 | 16.31 | 24.96 | 5,429.70 |
39 | 41.27 | 16.39 | 24.89 | 5,413.31 |
40 | 41.27 | 16.46 | 24.81 | 5,396.85 |
41 | 41.27 | 16.54 | 24.74 | 5,380.31 |
42 | 41.27 | 16.61 | 24.66 | 5,363.70 |
43 | 41.27 | 16.69 | 24.58 | 5,347.01 |
44 | 41.27 | 16.77 | 24.51 | 5,330.24 |
45 | 41.27 | 16.84 | 24.43 | 5,313.40 |
46 | 41.27 | 16.92 | 24.35 | 5,296.48 |
47 | 41.27 | 17.00 | 24.28 | 5,279.48 |
48 | 41.27 | 17.08 | 24.20 | 5,262.40 |
49 | 41.27 | 17.15 | 24.12 | 5,245.25 |
50 | 41.27 | 17.23 | 24.04 | 5,228.02 |
51 | 41.27 | 17.31 | 23.96 | 5,210.71 |
52 | 41.27 | 17.39 | 23.88 | 5,193.32 |
53 | 41.27 | 17.47 | 23.80 | 5,175.84 |
54 | 41.27 | 17.55 | 23.72 | 5,158.29 |
55 | 41.27 | 17.63 | 23.64 | 5,140.66 |
56 | 41.27 | 17.71 | 23.56 | 5,122.95 |
57 | 41.27 | 17.79 | 23.48 | 5,105.16 |
58 | 41.27 | 17.87 | 23.40 | 5,087.28 |
59 | 41.27 | 17.96 | 23.32 | 5,069.33 |
60 | 41.27 | 18.04 | 23.23 | 5,051.29 |
61 | 41.27 | 18.12 | 23.15 | 5,033.17 |
62 | 41.27 | 18.20 | 23.07 | 5,014.96 |
63 | 41.27 | 18.29 | 22.99 | 4,996.67 |
64 | 41.27 | 18.37 | 22.90 | 4,978.30 |
65 | 41.27 | 18.46 | 22.82 | 4,959.85 |
66 | 41.27 | 18.54 | 22.73 | 4,941.31 |
67 | 41.27 | 18.63 | 22.65 | 4,922.68 |
68 | 41.27 | 18.71 | 22.56 | 4,903.97 |
69 | 41.27 | 18.80 | 22.48 | 4,885.17 |
70 | 41.27 | 18.88 | 22.39 | 4,866.29 |
71 | 41.27 | 18.97 | 22.30 | 4,847.32 |
72 | 41.27 | 19.06 | 22.22 | 4,828.26 |
73 | 41.27 | 19.14 | 22.13 | 4,809.12 |
74 | 41.27 | 19.23 | 22.04 | 4,789.89 |
75 | 41.27 | 19.32 | 21.95 | 4,770.57 |
76 | 41.27 | 19.41 | 21.87 | 4,751.16 |
77 | 41.27 | 19.50 | 21.78 | 4,731.66 |
78 | 41.27 | 19.59 | 21.69 | 4,712.08 |
79 | 41.27 | 19.68 | 21.60 | 4,692.40 |
80 | 41.27 | 19.77 | 21.51 | 4,672.63 |
81 | 41.27 | 19.86 | 21.42 | 4,652.78 |
82 | 41.27 | 19.95 | 21.33 | 4,632.83 |
83 | 41.27 | 20.04 | 21.23 | 4,612.79 |
84 | 41.27 | 20.13 | 21.14 | 4,592.66 |
85 | 41.27 | 20.22 | 21.05 | 4,572.44 |
86 | 41.27 | 20.32 | 20.96 | 4,552.12 |
87 | 41.27 | 20.41 | 20.86 | 4,531.71 |
88 | 41.27 | 20.50 | 20.77 | 4,511.21 |
89 | 41.27 | 20.60 | 20.68 | 4,490.61 |
90 | 41.27 | 20.69 | 20.58 | 4,469.92 |
91 | 41.27 | 20.79 | 20.49 | 4,449.13 |
92 | 41.27 | 20.88 | 20.39 | 4,428.25 |
93 | 41.27 | 20.98 | 20.30 | 4,407.27 |
94 | 41.27 | 21.07 | 20.20 | 4,386.20 |
95 | 41.27 | 21.17 | 20.10 | 4,365.03 |
96 | 41.27 | 21.27 | 20.01 | 4,343.76 |
97 | 41.27 | 21.36 | 19.91 | 4,322.40 |
98 | 41.27 | 21.46 | 19.81 | 4,300.94 |
99 | 41.27 | 21.56 | 19.71 | 4,279.38 |
100 | 41.27 | 21.66 | 19.61 | 4,257.72 |
101 | 41.27 | 21.76 | 19.51 | 4,235.96 |
102 | 41.27 | 21.86 | 19.41 | 4,214.10 |
103 | 41.27 | 21.96 | 19.31 | 4,192.14 |
104 | 41.27 | 22.06 | 19.21 | 4,170.08 |
105 | 41.27 | 22.16 | 19.11 | 4,147.92 |
106 | 41.27 | 22.26 | 19.01 | 4,125.66 |
107 | 41.27 | 22.36 | 18.91 | 4,103.30 |
108 | 41.27 | 22.47 | 18.81 | 4,080.83 |
109 | 41.27 | 22.57 | 18.70 | 4,058.26 |
110 | 41.27 | 22.67 | 18.60 | 4,035.59 |
111 | 41.27 | 22.78 | 18.50 | 4,012.81 |
112 | 41.27 | 22.88 | 18.39 | 3,989.93 |
113 | 41.27 | 22.99 | 18.29 | 3,966.94 |
114 | 41.27 | 23.09 | 18.18 | 3,943.85 |
115 | 41.27 | 23.20 | 18.08 | 3,920.65 |
116 | 41.27 | 23.30 | 17.97 | 3,897.35 |
117 | 41.27 | 23.41 | 17.86 | 3,873.94 |
118 | 41.27 | 23.52 | 17.76 | 3,850.42 |
119 | 41.27 | 23.63 | 17.65 | 3,826.80 |
120 | 41.27 | 23.73 | 17.54 | 3,803.06 |
121 | 41.27 | 23.84 | 17.43 | 3,779.22 |
122 | 41.27 | 23.95 | 17.32 | 3,755.27 |
123 | 41.27 | 24.06 | 17.21 | 3,731.21 |
124 | 41.27 | 24.17 | 17.10 | 3,707.04 |
125 | 41.27 | 24.28 | 16.99 | 3,682.75 |
126 | 41.27 | 24.39 | 16.88 | 3,658.36 |
127 | 41.27 | 24.51 | 16.77 | 3,633.85 |
128 | 41.27 | 24.62 | 16.66 | 3,609.24 |
129 | 41.27 | 24.73 | 16.54 | 3,584.50 |
130 | 41.27 | 24.84 | 16.43 | 3,559.66 |
131 | 41.27 | 24.96 | 16.32 | 3,534.70 |
132 | 41.27 | 25.07 | 16.20 | 3,509.63 |
133 | 41.27 | 25.19 | 16.09 | 3,484.44 |
134 | 41.27 | 25.30 | 15.97 | 3,459.14 |
135 | 41.27 | 25.42 | 15.85 | 3,433.72 |
136 | 41.27 | 25.54 | 15.74 | 3,408.19 |
137 | 41.27 | 25.65 | 15.62 | 3,382.53 |
138 | 41.27 | 25.77 | 15.50 | 3,356.76 |
139 | 41.27 | 25.89 | 15.39 | 3,330.88 |
140 | 41.27 | 26.01 | 15.27 | 3,304.87 |
141 | 41.27 | 26.13 | 15.15 | 3,278.74 |
142 | 41.27 | 26.25 | 15.03 | 3,252.50 |
143 | 41.27 | 26.37 | 14.91 | 3,226.13 |
144 | 41.27 | 26.49 | 14.79 | 3,199.64 |
145 | 41.27 | 26.61 | 14.67 | 3,173.04 |
146 | 41.27 | 26.73 | 14.54 | 3,146.31 |
147 | 41.27 | 26.85 | 14.42 | 3,119.45 |
148 | 41.27 | 26.98 | 14.30 | 3,092.48 |
149 | 41.27 | 27.10 | 14.17 | 3,065.38 |
150 | 41.27 | 27.22 | 14.05 | 3,038.15 |
151 | 41.27 | 27.35 | 13.92 | 3,010.81 |
152 | 41.27 | 27.47 | 13.80 | 2,983.33 |
153 | 41.27 | 27.60 | 13.67 | 2,955.73 |
154 | 41.27 | 27.73 | 13.55 | 2,928.01 |
155 | 41.27 | 27.85 | 13.42 | 2,900.15 |
156 | 41.27 | 27.98 | 13.29 | 2,872.17 |
157 | 41.27 | 28.11 | 13.16 | 2,844.06 |
158 | 41.27 | 28.24 | 13.04 | 2,815.83 |
159 | 41.27 | 28.37 | 12.91 | 2,787.46 |
160 | 41.27 | 28.50 | 12.78 | 2,758.96 |
161 | 41.27 | 28.63 | 12.65 | 2,730.33 |
162 | 41.27 | 28.76 | 12.51 | 2,701.57 |
163 | 41.27 | 28.89 | 12.38 | 2,672.68 |
164 | 41.27 | 29.02 | 12.25 | 2,643.66 |
165 | 41.27 | 29.16 | 12.12 | 2,614.50 |
166 | 41.27 | 29.29 | 11.98 | 2,585.21 |
167 | 41.27 | 29.42 | 11.85 | 2,555.79 |
168 | 41.27 | 29.56 | 11.71 | 2,526.23 |
169 | 41.27 | 29.69 | 11.58 | 2,496.53 |
170 | 41.27 | 29.83 | 11.44 | 2,466.70 |
171 | 41.27 | 29.97 | 11.31 | 2,436.74 |
172 | 41.27 | 30.10 | 11.17 | 2,406.63 |
173 | 41.27 | 30.24 | 11.03 | 2,376.39 |
174 | 41.27 | 30.38 | 10.89 | 2,346.01 |
175 | 41.27 | 30.52 | 10.75 | 2,315.49 |
176 | 41.27 | 30.66 | 10.61 | 2,284.83 |
177 | 41.27 | 30.80 | 10.47 | 2,254.02 |
178 | 41.27 | 30.94 | 10.33 | 2,223.08 |
179 | 41.27 | 31.08 | 10.19 | 2,192.00 |
180 | 41.27 | 31.23 | 10.05 | 2,160.77 |
181 | 41.27 | 31.37 | 9.90 | 2,129.40 |
182 | 41.27 | 31.51 | 9.76 | 2,097.89 |
183 | 41.27 | 31.66 | 9.62 | 2,066.23 |
184 | 41.27 | 31.80 | 9.47 | 2,034.43 |
185 | 41.27 | 31.95 | 9.32 | 2,002.48 |
186 | 41.27 | 32.10 | 9.18 | 1,970.38 |
187 | 41.27 | 32.24 | 9.03 | 1,938.14 |
188 | 41.27 | 32.39 | 8.88 | 1,905.75 |
189 | 41.27 | 32.54 | 8.73 | 1,873.21 |
190 | 41.27 | 32.69 | 8.59 | 1,840.52 |
191 | 41.27 | 32.84 | 8.44 | 1,807.69 |
192 | 41.27 | 32.99 | 8.29 | 1,774.70 |
193 | 41.27 | 33.14 | 8.13 | 1,741.56 |
194 | 41.27 | 33.29 | 7.98 | 1,708.27 |
195 | 41.27 | 33.44 | 7.83 | 1,674.82 |
196 | 41.27 | 33.60 | 7.68 | 1,641.23 |
197 | 41.27 | 33.75 | 7.52 | 1,607.48 |
198 | 41.27 | 33.91 | 7.37 | 1,573.57 |
199 | 41.27 | 34.06 | 7.21 | 1,539.51 |
200 | 41.27 | 34.22 | 7.06 | 1,505.29 |
201 | 41.27 | 34.37 | 6.90 | 1,470.92 |
202 | 41.27 | 34.53 | 6.74 | 1,436.39 |
203 | 41.27 | 34.69 | 6.58 | 1,401.70 |
204 | 41.27 | 34.85 | 6.42 | 1,366.85 |
205 | 41.27 | 35.01 | 6.26 | 1,331.84 |
206 | 41.27 | 35.17 | 6.10 | 1,296.67 |
207 | 41.27 | 35.33 | 5.94 | 1,261.34 |
208 | 41.27 | 35.49 | 5.78 | 1,225.85 |
209 | 41.27 | 35.65 | 5.62 | 1,190.19 |
210 | 41.27 | 35.82 | 5.46 | 1,154.38 |
211 | 41.27 | 35.98 | 5.29 | 1,118.39 |
212 | 41.27 | 36.15 | 5.13 | 1,082.25 |
213 | 41.27 | 36.31 | 4.96 | 1,045.93 |
214 | 41.27 | 36.48 | 4.79 | 1,009.45 |
215 | 41.27 | 36.65 | 4.63 | 972.81 |
216 | 41.27 | 36.81 | 4.46 | 935.99 |
217 | 41.27 | 36.98 | 4.29 | 899.01 |
218 | 41.27 | 37.15 | 4.12 | 861.86 |
219 | 41.27 | 37.32 | 3.95 | 824.53 |
220 | 41.27 | 37.49 | 3.78 | 787.04 |
221 | 41.27 | 37.67 | 3.61 | 749.37 |
222 | 41.27 | 37.84 | 3.43 | 711.54 |
223 | 41.27 | 38.01 | 3.26 | 673.52 |
224 | 41.27 | 38.19 | 3.09 | 635.34 |
225 | 41.27 | 38.36 | 2.91 | 596.98 |
226 | 41.27 | 38.54 | 2.74 | 558.44 |
227 | 41.27 | 38.71 | 2.56 | 519.73 |
228 | 41.27 | 38.89 | 2.38 | 480.83 |
229 | 41.27 | 39.07 | 2.20 | 441.76 |
230 | 41.27 | 39.25 | 2.02 | 402.52 |
231 | 41.27 | 39.43 | 1.84 | 363.09 |
232 | 41.27 | 39.61 | 1.66 | 323.48 |
233 | 41.27 | 39.79 | 1.48 | 283.69 |
234 | 41.27 | 39.97 | 1.30 | 243.71 |
235 | 41.27 | 40.16 | 1.12 | 203.56 |
236 | 41.27 | 40.34 | 0.93 | 163.22 |
237 | 41.27 | 40.53 | 0.75 | 122.69 |
238 | 41.27 | 40.71 | 0.56 | 81.98 |
239 | 41.27 | 40.90 | 0.38 | 41.08 |
240 | 41.27 | 41.08 | 0.19 | 0.00 |