88k Mortgage For 20 Years

What's the monthly mortgage payment for a $88,000 mortgage for 20 years?
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88k 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 88000 loan at 5.25% is 592.98/month. At 6.25% that mortgage payment jumps to 643.22/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 $12,056 more than the 5.25% mortgage after 240 payments.

How much is the monthly payment for a 88,000 over 20 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $88,000 Loan over 240 Months

Monthly Payment by Interest Rate (20 Year Loan)
20 Year mortgage Payment
$88,000 mortgage at 1.25%$414.60 per month
$88,000 mortgage at 1.5%$424.64 per month
$88,000 mortgage at 1.75%$434.83 per month
$88,000 mortgage at 2%$445.18 per month
$88,000 mortgage at 2.25%$455.67 per month
$88,000 mortgage at 2.5%$466.31 per month
$88,000 mortgage at 2.75%$477.11 per month
$88,000 mortgage at 3%$488.05 per month
$88,000 mortgage at 3.25%$499.13 per month
$88,000 mortgage at 3.5%$510.36 per month
$88,000 mortgage at 3.75%$521.74 per month
$88,000 mortgage at 4%$533.26 per month
$88,000 mortgage at 4.25%$544.93 per month
$88,000 mortgage at 4.5%$556.73 per month
20 Year mortgage Payment
$88,000 mortgage at 4.75%$568.68 per month
$88,000 mortgage at 5%$580.76 per month
$88,000 mortgage at 5.25%$592.98 per month
$88,000 mortgage at 5.5%$605.34 per month
$88,000 mortgage at 5.75%$617.83 per month
$88,000 mortgage at 6%$630.46 per month
$88,000 mortgage at 6.25%$643.22 per month
$88,000 mortgage at 6.5%$656.10 per month
$88,000 mortgage at 6.75%$669.12 per month
$88,000 mortgage at 7%$682.26 per month
$88,000 mortgage at 7.25%$695.53 per month
$88,000 mortgage at 7.5%$708.92 per month
$88,000 mortgage at 7.75%$722.43 per month
$88,000 mortgage at 8%$736.07 per month