340k Mortgage For 20 Years

What's the monthly mortgage payment for a $340,000 mortgage for 20 years?
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340k 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 340000 loan at 5.25% is 2,291.07/month. At 6.25% that mortgage payment jumps to 2,485.16/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 $46,581 more than the 5.25% mortgage after 240 payments.

How much is the monthly payment for a 340,000 over 20 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $340,000 Loan over 240 Months

Monthly Payment by Interest Rate (20 Year Loan)
20 Year mortgage Payment
$340,000 mortgage at 1.25%$1,601.85 per month
$340,000 mortgage at 1.5%$1,640.65 per month
$340,000 mortgage at 1.75%$1,680.04 per month
$340,000 mortgage at 2%$1,720.00 per month
$340,000 mortgage at 2.25%$1,760.55 per month
$340,000 mortgage at 2.5%$1,801.67 per month
$340,000 mortgage at 2.75%$1,843.37 per month
$340,000 mortgage at 3%$1,885.63 per month
$340,000 mortgage at 3.25%$1,928.47 per month
$340,000 mortgage at 3.5%$1,971.86 per month
$340,000 mortgage at 3.75%$2,015.82 per month
$340,000 mortgage at 4%$2,060.33 per month
$340,000 mortgage at 4.25%$2,105.40 per month
$340,000 mortgage at 4.5%$2,151.01 per month
20 Year mortgage Payment
$340,000 mortgage at 4.75%$2,197.16 per month
$340,000 mortgage at 5%$2,243.85 per month
$340,000 mortgage at 5.25%$2,291.07 per month
$340,000 mortgage at 5.5%$2,338.82 per month
$340,000 mortgage at 5.75%$2,387.08 per month
$340,000 mortgage at 6%$2,435.87 per month
$340,000 mortgage at 6.25%$2,485.16 per month
$340,000 mortgage at 6.5%$2,534.95 per month
$340,000 mortgage at 6.75%$2,585.24 per month
$340,000 mortgage at 7%$2,636.02 per month
$340,000 mortgage at 7.25%$2,687.28 per month
$340,000 mortgage at 7.5%$2,739.02 per month
$340,000 mortgage at 7.75%$2,791.23 per month
$340,000 mortgage at 8%$2,843.90 per month