42k Mortgage For 20 Years

What's the monthly mortgage payment for a $42,000 mortgage for 20 years?
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42k 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 42000 loan at 5.25% is 283.01/month. At 6.25% that mortgage payment jumps to 306.99/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 $5,754 more than the 5.25% mortgage after 240 payments.

How much is the monthly payment for a 42,000 over 20 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $42,000 Loan over 240 Months

Monthly Payment by Interest Rate (20 Year Loan)
20 Year mortgage Payment
$42,000 mortgage at 1.25%$197.88 per month
$42,000 mortgage at 1.5%$202.67 per month
$42,000 mortgage at 1.75%$207.53 per month
$42,000 mortgage at 2%$212.47 per month
$42,000 mortgage at 2.25%$217.48 per month
$42,000 mortgage at 2.5%$222.56 per month
$42,000 mortgage at 2.75%$227.71 per month
$42,000 mortgage at 3%$232.93 per month
$42,000 mortgage at 3.25%$238.22 per month
$42,000 mortgage at 3.5%$243.58 per month
$42,000 mortgage at 3.75%$249.01 per month
$42,000 mortgage at 4%$254.51 per month
$42,000 mortgage at 4.25%$260.08 per month
$42,000 mortgage at 4.5%$265.71 per month
20 Year mortgage Payment
$42,000 mortgage at 4.75%$271.41 per month
$42,000 mortgage at 5%$277.18 per month
$42,000 mortgage at 5.25%$283.01 per month
$42,000 mortgage at 5.5%$288.91 per month
$42,000 mortgage at 5.75%$294.88 per month
$42,000 mortgage at 6%$300.90 per month
$42,000 mortgage at 6.25%$306.99 per month
$42,000 mortgage at 6.5%$313.14 per month
$42,000 mortgage at 6.75%$319.35 per month
$42,000 mortgage at 7%$325.63 per month
$42,000 mortgage at 7.25%$331.96 per month
$42,000 mortgage at 7.5%$338.35 per month
$42,000 mortgage at 7.75%$344.80 per month
$42,000 mortgage at 8%$351.30 per month