501k Mortgage For 20 Years

What's the monthly mortgage payment for a $501,000 mortgage for 20 years?
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501k 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 501000 loan at 5.25% is 3,375.96/month. At 6.25% that mortgage payment jumps to 3,661.95/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 $68,638 more than the 5.25% mortgage after 240 payments.

How much is the monthly payment for a 501,000 over 20 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $501,000 Loan over 240 Months

Monthly Payment by Interest Rate (20 Year Loan)
20 Year mortgage Payment
$501,000 mortgage at 1.25%$2,360.38 per month
$501,000 mortgage at 1.5%$2,417.55 per month
$501,000 mortgage at 1.75%$2,475.59 per month
$501,000 mortgage at 2%$2,534.48 per month
$501,000 mortgage at 2.25%$2,594.22 per month
$501,000 mortgage at 2.5%$2,654.81 per month
$501,000 mortgage at 2.75%$2,716.25 per month
$501,000 mortgage at 3%$2,778.53 per month
$501,000 mortgage at 3.25%$2,841.65 per month
$501,000 mortgage at 3.5%$2,905.60 per month
$501,000 mortgage at 3.75%$2,970.37 per month
$501,000 mortgage at 4%$3,035.96 per month
$501,000 mortgage at 4.25%$3,102.36 per month
$501,000 mortgage at 4.5%$3,169.57 per month
20 Year mortgage Payment
$501,000 mortgage at 4.75%$3,237.58 per month
$501,000 mortgage at 5%$3,306.38 per month
$501,000 mortgage at 5.25%$3,375.96 per month
$501,000 mortgage at 5.5%$3,446.32 per month
$501,000 mortgage at 5.75%$3,517.44 per month
$501,000 mortgage at 6%$3,589.32 per month
$501,000 mortgage at 6.25%$3,661.95 per month
$501,000 mortgage at 6.5%$3,735.32 per month
$501,000 mortgage at 6.75%$3,809.42 per month
$501,000 mortgage at 7%$3,884.25 per month
$501,000 mortgage at 7.25%$3,959.78 per month
$501,000 mortgage at 7.5%$4,036.02 per month
$501,000 mortgage at 7.75%$4,112.95 per month
$501,000 mortgage at 8%$4,190.56 per month