20k Mortgage For 30 Years

What's the monthly mortgage payment for a $20,000 mortgage for 30 years?
$
$
%

20k Mortgage For 30 Years (360 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 30 year fixed 20000 loan at 5.25% is 110.44/month. At 6.25% that mortgage payment jumps to 123.14/month. A 30 year fixed loan will have a total of 360 monthly payments. In total, the loan at 6.25% will end up costing $4,573 more than the 5.25% mortgage after 360 payments.

How much is the monthly payment for a 20,000 over 30 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $20,000 Loan over 360 Months

Monthly Payment by Interest Rate (30 Year Loan)
30 Year mortgage Payment
$20,000 mortgage at 1.25%$66.65 per month
$20,000 mortgage at 1.5%$69.02 per month
$20,000 mortgage at 1.75%$71.45 per month
$20,000 mortgage at 2%$73.92 per month
$20,000 mortgage at 2.25%$76.45 per month
$20,000 mortgage at 2.5%$79.02 per month
$20,000 mortgage at 2.75%$81.65 per month
$20,000 mortgage at 3%$84.32 per month
$20,000 mortgage at 3.25%$87.04 per month
$20,000 mortgage at 3.5%$89.81 per month
$20,000 mortgage at 3.75%$92.62 per month
$20,000 mortgage at 4%$95.48 per month
$20,000 mortgage at 4.25%$98.39 per month
$20,000 mortgage at 4.5%$101.34 per month
30 Year mortgage Payment
$20,000 mortgage at 4.75%$104.33 per month
$20,000 mortgage at 5%$107.36 per month
$20,000 mortgage at 5.25%$110.44 per month
$20,000 mortgage at 5.5%$113.56 per month
$20,000 mortgage at 5.75%$116.71 per month
$20,000 mortgage at 6%$119.91 per month
$20,000 mortgage at 6.25%$123.14 per month
$20,000 mortgage at 6.5%$126.41 per month
$20,000 mortgage at 6.75%$129.72 per month
$20,000 mortgage at 7%$133.06 per month
$20,000 mortgage at 7.25%$136.44 per month
$20,000 mortgage at 7.5%$139.84 per month
$20,000 mortgage at 7.75%$143.28 per month
$20,000 mortgage at 8%$146.75 per month