5k Mortgage For 20 Years

What's the monthly mortgage payment for a $5,000 mortgage for 20 years?
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5k 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 5000 loan at 5.25% is 33.69/month. At 6.25% that mortgage payment jumps to 36.55/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 $685 more than the 5.25% mortgage after 240 payments.

How much is the monthly payment for a 5,000 over 20 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $5,000 Loan over 240 Months

Monthly Payment by Interest Rate (20 Year Loan)
20 Year mortgage Payment
$5,000 mortgage at 1.25%$23.56 per month
$5,000 mortgage at 1.5%$24.13 per month
$5,000 mortgage at 1.75%$24.71 per month
$5,000 mortgage at 2%$25.29 per month
$5,000 mortgage at 2.25%$25.89 per month
$5,000 mortgage at 2.5%$26.50 per month
$5,000 mortgage at 2.75%$27.11 per month
$5,000 mortgage at 3%$27.73 per month
$5,000 mortgage at 3.25%$28.36 per month
$5,000 mortgage at 3.5%$29.00 per month
$5,000 mortgage at 3.75%$29.64 per month
$5,000 mortgage at 4%$30.30 per month
$5,000 mortgage at 4.25%$30.96 per month
$5,000 mortgage at 4.5%$31.63 per month
20 Year mortgage Payment
$5,000 mortgage at 4.75%$32.31 per month
$5,000 mortgage at 5%$33.00 per month
$5,000 mortgage at 5.25%$33.69 per month
$5,000 mortgage at 5.5%$34.39 per month
$5,000 mortgage at 5.75%$35.10 per month
$5,000 mortgage at 6%$35.82 per month
$5,000 mortgage at 6.25%$36.55 per month
$5,000 mortgage at 6.5%$37.28 per month
$5,000 mortgage at 6.75%$38.02 per month
$5,000 mortgage at 7%$38.76 per month
$5,000 mortgage at 7.25%$39.52 per month
$5,000 mortgage at 7.5%$40.28 per month
$5,000 mortgage at 7.75%$41.05 per month
$5,000 mortgage at 8%$41.82 per month