228k Mortgage For 20 Years

What's the monthly mortgage payment for a $228,000 mortgage for 20 years?
$
$
%

228k 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 228000 loan at 5.25% is 1,536.36/month. At 6.25% that mortgage payment jumps to 1,666.52/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 $31,236 more than the 5.25% mortgage after 240 payments.

How much is the monthly payment for a 228,000 over 20 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $228,000 Loan over 240 Months

Monthly Payment by Interest Rate (20 Year Loan)
20 Year mortgage Payment
$228,000 mortgage at 1.25%$1,074.18 per month
$228,000 mortgage at 1.5%$1,100.20 per month
$228,000 mortgage at 1.75%$1,126.61 per month
$228,000 mortgage at 2%$1,153.41 per month
$228,000 mortgage at 2.25%$1,180.60 per month
$228,000 mortgage at 2.5%$1,208.18 per month
$228,000 mortgage at 2.75%$1,236.14 per month
$228,000 mortgage at 3%$1,264.48 per month
$228,000 mortgage at 3.25%$1,293.21 per month
$228,000 mortgage at 3.5%$1,322.31 per month
$228,000 mortgage at 3.75%$1,351.79 per month
$228,000 mortgage at 4%$1,381.64 per month
$228,000 mortgage at 4.25%$1,411.85 per month
$228,000 mortgage at 4.5%$1,442.44 per month
20 Year mortgage Payment
$228,000 mortgage at 4.75%$1,473.39 per month
$228,000 mortgage at 5%$1,504.70 per month
$228,000 mortgage at 5.25%$1,536.36 per month
$228,000 mortgage at 5.5%$1,568.38 per month
$228,000 mortgage at 5.75%$1,600.75 per month
$228,000 mortgage at 6%$1,633.46 per month
$228,000 mortgage at 6.25%$1,666.52 per month
$228,000 mortgage at 6.5%$1,699.91 per month
$228,000 mortgage at 6.75%$1,733.63 per month
$228,000 mortgage at 7%$1,767.68 per month
$228,000 mortgage at 7.25%$1,802.06 per month
$228,000 mortgage at 7.5%$1,836.75 per month
$228,000 mortgage at 7.75%$1,871.76 per month
$228,000 mortgage at 8%$1,907.08 per month