8k Mortgage For 20 Years

What's the monthly mortgage payment for a $8,000 mortgage for 20 years?
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8k 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 8000 loan at 5.25% is 53.91/month. At 6.25% that mortgage payment jumps to 58.47/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 $1,096 more than the 5.25% mortgage after 240 payments.

How much is the monthly payment for a 8,000 over 20 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $8,000 Loan over 240 Months

Monthly Payment by Interest Rate (20 Year Loan)
20 Year mortgage Payment
$8,000 mortgage at 1.25%$37.69 per month
$8,000 mortgage at 1.5%$38.60 per month
$8,000 mortgage at 1.75%$39.53 per month
$8,000 mortgage at 2%$40.47 per month
$8,000 mortgage at 2.25%$41.42 per month
$8,000 mortgage at 2.5%$42.39 per month
$8,000 mortgage at 2.75%$43.37 per month
$8,000 mortgage at 3%$44.37 per month
$8,000 mortgage at 3.25%$45.38 per month
$8,000 mortgage at 3.5%$46.40 per month
$8,000 mortgage at 3.75%$47.43 per month
$8,000 mortgage at 4%$48.48 per month
$8,000 mortgage at 4.25%$49.54 per month
$8,000 mortgage at 4.5%$50.61 per month
20 Year mortgage Payment
$8,000 mortgage at 4.75%$51.70 per month
$8,000 mortgage at 5%$52.80 per month
$8,000 mortgage at 5.25%$53.91 per month
$8,000 mortgage at 5.5%$55.03 per month
$8,000 mortgage at 5.75%$56.17 per month
$8,000 mortgage at 6%$57.31 per month
$8,000 mortgage at 6.25%$58.47 per month
$8,000 mortgage at 6.5%$59.65 per month
$8,000 mortgage at 6.75%$60.83 per month
$8,000 mortgage at 7%$62.02 per month
$8,000 mortgage at 7.25%$63.23 per month
$8,000 mortgage at 7.5%$64.45 per month
$8,000 mortgage at 7.75%$65.68 per month
$8,000 mortgage at 8%$66.92 per month