123k Mortgage For 20 Years

What's the monthly mortgage payment for a $123,000 mortgage for 20 years?
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123k 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 123000 loan at 5.25% is 828.83/month. At 6.25% that mortgage payment jumps to 899.04/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 $16,851 more than the 5.25% mortgage after 240 payments.

How much is the monthly payment for a 123,000 over 20 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $123,000 Loan over 240 Months

Monthly Payment by Interest Rate (20 Year Loan)
20 Year mortgage Payment
$123,000 mortgage at 1.25%$579.49 per month
$123,000 mortgage at 1.5%$593.53 per month
$123,000 mortgage at 1.75%$607.78 per month
$123,000 mortgage at 2%$622.24 per month
$123,000 mortgage at 2.25%$636.90 per month
$123,000 mortgage at 2.5%$651.78 per month
$123,000 mortgage at 2.75%$666.86 per month
$123,000 mortgage at 3%$682.16 per month
$123,000 mortgage at 3.25%$697.65 per month
$123,000 mortgage at 3.5%$713.35 per month
$123,000 mortgage at 3.75%$729.25 per month
$123,000 mortgage at 4%$745.36 per month
$123,000 mortgage at 4.25%$761.66 per month
$123,000 mortgage at 4.5%$778.16 per month
20 Year mortgage Payment
$123,000 mortgage at 4.75%$794.86 per month
$123,000 mortgage at 5%$811.75 per month
$123,000 mortgage at 5.25%$828.83 per month
$123,000 mortgage at 5.5%$846.10 per month
$123,000 mortgage at 5.75%$863.56 per month
$123,000 mortgage at 6%$881.21 per month
$123,000 mortgage at 6.25%$899.04 per month
$123,000 mortgage at 6.5%$917.05 per month
$123,000 mortgage at 6.75%$935.25 per month
$123,000 mortgage at 7%$953.62 per month
$123,000 mortgage at 7.25%$972.16 per month
$123,000 mortgage at 7.5%$990.88 per month
$123,000 mortgage at 7.75%$1,009.77 per month
$123,000 mortgage at 8%$1,028.82 per month