12k Mortgage For 20 Years

What's the monthly mortgage payment for a $12,000 mortgage for 20 years?
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12k Mortgage For 20 Years (240 Months). Enter your loan details to view a printable amortization schedule and a payment summary.

  • Loan Amount: Enter total loan amount.
  • Down Payment: Enter the down payment.
  • Interest Rate: Enter the interest rate.
  • Years: Enter the loan length.
Make sure to shop around when choosing a mortgage. A small change in APR can add up to big savings over the course of the loan. For example, the payment of a 20 year fixed 12000 loan at 5.25% is 80.86/month. At 6.25% that mortgage payment jumps to 87.71/month. A 20 year fixed loan will have a total of 240 monthly payments. In total, the loan at 6.25% will end up costing $1,644 more than the 5.25% mortgage after 240 payments.

How much is the monthly payment for a 12,000 over 20 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $12,000 Loan over 240 Months

Monthly Payment by Interest Rate (20 Year Loan)
20 Year mortgage Payment
$12,000 mortgage at 1.25%$56.54 per month
$12,000 mortgage at 1.5%$57.91 per month
$12,000 mortgage at 1.75%$59.30 per month
$12,000 mortgage at 2%$60.71 per month
$12,000 mortgage at 2.25%$62.14 per month
$12,000 mortgage at 2.5%$63.59 per month
$12,000 mortgage at 2.75%$65.06 per month
$12,000 mortgage at 3%$66.55 per month
$12,000 mortgage at 3.25%$68.06 per month
$12,000 mortgage at 3.5%$69.60 per month
$12,000 mortgage at 3.75%$71.15 per month
$12,000 mortgage at 4%$72.72 per month
$12,000 mortgage at 4.25%$74.31 per month
$12,000 mortgage at 4.5%$75.92 per month
20 Year mortgage Payment
$12,000 mortgage at 4.75%$77.55 per month
$12,000 mortgage at 5%$79.19 per month
$12,000 mortgage at 5.25%$80.86 per month
$12,000 mortgage at 5.5%$82.55 per month
$12,000 mortgage at 5.75%$84.25 per month
$12,000 mortgage at 6%$85.97 per month
$12,000 mortgage at 6.25%$87.71 per month
$12,000 mortgage at 6.5%$89.47 per month
$12,000 mortgage at 6.75%$91.24 per month
$12,000 mortgage at 7%$93.04 per month
$12,000 mortgage at 7.25%$94.85 per month
$12,000 mortgage at 7.5%$96.67 per month
$12,000 mortgage at 7.75%$98.51 per month
$12,000 mortgage at 8%$100.37 per month