| What's the payment for a $20,000 mortgage loan at 2%? |
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| How much will my monthly payment be for a 20000 dollar home loan with a 2% APR? Enter your info into the calculator, including the down payment, interest rate, and loan length in years. |
| This can be used for any type of loan, such as a mortgage, car loan, business, real estate, construction, land, credit card debt, or student debt. |
| If interest rates are low, consider getting a refinance. |
| Get multiple quotes when getting a loan. Speak with a local banker, your friends, get a quote online, and compare. Small differences in interest rates can have a huge impact on your total payments. Don't just accept the first offer that you receive. |
| Will I have a lower payment if I have a larger down payment? Yes, try inputting different numbers into the calculator to see the results. |
| Loan Amount Terms | Monthly Payment |
| 20,000 Mortgage Loan at 2% For 1 Year (12 Months) | 1,684.78 |
| 20,000 Mortgage Loan at 2% For 2 Years (24 Months) | 850.81 |
| 20,000 Mortgage Loan at 2% For 3 Years (36 Months) | 572.85 |
| 20,000 Mortgage Loan at 2% For 4 Years (48 Months) | 433.90 |
| 20,000 Mortgage Loan at 2% For 5 Years (60 Months) | 350.56 |
| 20,000 Mortgage Loan at 2% For 6 Years (72 Months) | 295.01 |
| 20,000 Mortgage Loan at 2% For 7 Years (84 Months) | 255.35 |
| 20,000 Mortgage Loan at 2% For 8 Years (96 Months) | 225.62 |
| 20,000 Mortgage Loan at 2% For 9 Years (108 Months) | 202.51 |
| 20,000 Mortgage Loan at 2% For 10 Years (120 Months) | 184.03 |
| 20,000 Mortgage Loan at 2% For 11 Years (132 Months) | 168.92 |
| 20,000 Mortgage Loan at 2% For 12 Years (144 Months) | 156.34 |
| 20,000 Mortgage Loan at 2% For 13 Years (156 Months) | 145.70 |
| 20,000 Mortgage Loan at 2% For 14 Years (168 Months) | 136.59 |
| 20,000 Mortgage Loan at 2% For 15 Years (180 Months) | 128.70 |
| 20,000 Mortgage Loan at 2% For 16 Years (192 Months) | 121.81 |
| 20,000 Mortgage Loan at 2% For 17 Years (204 Months) | 115.73 |
| 20,000 Mortgage Loan at 2% For 18 Years (216 Months) | 110.33 |
| 20,000 Mortgage Loan at 2% For 19 Years (228 Months) | 105.51 |
| 20,000 Mortgage Loan at 2% For 20 Years (240 Months) | 101.18 |
| 20,000 Mortgage Loan at 2% For 21 Years (252 Months) | 97.26 |
| 20,000 Mortgage Loan at 2% For 22 Years (264 Months) | 93.70 |
| 20,000 Mortgage Loan at 2% For 23 Years (276 Months) | 90.46 |
| 20,000 Mortgage Loan at 2% For 24 Years (288 Months) | 87.50 |
| 20,000 Mortgage Loan at 2% For 25 Years (300 Months) | 84.77 |
| 20,000 Mortgage Loan at 2% For 26 Years (312 Months) | 82.26 |
| 20,000 Mortgage Loan at 2% For 27 Years (324 Months) | 79.94 |
| 20,000 Mortgage Loan at 2% For 28 Years (336 Months) | 77.79 |
| 20,000 Mortgage Loan at 2% For 29 Years (348 Months) | 75.79 |
| 20,000 Mortgage Loan at 2% For 30 Years (360 Months) | 73.92 |
| Price | Down Payment | Loan Amount | Rate | Payment |
| 20,000 | 4,000 (20%) | 16,000 | 2.00% | 59.14 |
| 20,000 | 4,000 (20%) | 16,000 | 2.01% | 59.22 |
| 20,000 | 4,000 (20%) | 16,000 | 2.02% | 59.30 |
| 20,000 | 4,000 (20%) | 16,000 | 2.03% | 59.38 |
| 20,000 | 4,000 (20%) | 16,000 | 2.04% | 59.46 |
| 20,000 | 4,000 (20%) | 16,000 | 2.05% | 59.54 |
| 20,000 | 4,000 (20%) | 16,000 | 2.06% | 59.62 |
| 20,000 | 4,000 (20%) | 16,000 | 2.07% | 59.70 |
| 20,000 | 4,000 (20%) | 16,000 | 2.08% | 59.78 |
| 20,000 | 4,000 (20%) | 16,000 | 2.09% | 59.86 |
| 20,000 | 4,000 (20%) | 16,000 | 2.10% | 59.94 |
| 20,000 | 4,000 (20%) | 16,000 | 2.11% | 60.02 |
| 20,000 | 4,000 (20%) | 16,000 | 2.12% | 60.10 |
| 20,000 | 4,000 (20%) | 16,000 | 2.13% | 60.18 |
| 20,000 | 4,000 (20%) | 16,000 | 2.14% | 60.27 |
| 20,000 | 4,000 (20%) | 16,000 | 2.15% | 60.35 |
| 20,000 | 4,000 (20%) | 16,000 | 2.16% | 60.43 |
| 20,000 | 4,000 (20%) | 16,000 | 2.17% | 60.51 |
| 20,000 | 4,000 (20%) | 16,000 | 2.18% | 60.59 |
| 20,000 | 4,000 (20%) | 16,000 | 2.19% | 60.67 |
| 20,000 | 4,000 (20%) | 16,000 | 2.20% | 60.75 |
| 20,000 | 4,000 (20%) | 16,000 | 2.21% | 60.83 |
| 20,000 | 4,000 (20%) | 16,000 | 2.22% | 60.91 |
| 20,000 | 4,000 (20%) | 16,000 | 2.23% | 61.00 |
| 20,000 | 4,000 (20%) | 16,000 | 2.24% | 61.08 |
| 20,000 | 4,000 (20%) | 16,000 | 2.25% | 61.16 |
| 20,000 | 4,000 (20%) | 16,000 | 2.26% | 61.24 |
| 20,000 | 4,000 (20%) | 16,000 | 2.27% | 61.32 |
| 20,000 | 4,000 (20%) | 16,000 | 2.28% | 61.40 |
| 20,000 | 4,000 (20%) | 16,000 | 2.29% | 61.49 |
| 20,000 | 4,000 (20%) | 16,000 | 2.30% | 61.57 |
| 20,000 | 4,000 (20%) | 16,000 | 2.31% | 61.65 |
| 20,000 | 4,000 (20%) | 16,000 | 2.32% | 61.73 |
| 20,000 | 4,000 (20%) | 16,000 | 2.33% | 61.81 |
| 20,000 | 4,000 (20%) | 16,000 | 2.34% | 61.90 |
| 20,000 | 4,000 (20%) | 16,000 | 2.35% | 61.98 |
| 20,000 | 4,000 (20%) | 16,000 | 2.36% | 62.06 |
| 20,000 | 4,000 (20%) | 16,000 | 2.37% | 62.14 |
| 20,000 | 4,000 (20%) | 16,000 | 2.38% | 62.23 |
| 20,000 | 4,000 (20%) | 16,000 | 2.39% | 62.31 |
| 20,000 | 4,000 (20%) | 16,000 | 2.40% | 62.39 |
| 20,000 | 4,000 (20%) | 16,000 | 2.41% | 62.47 |
| 20,000 | 4,000 (20%) | 16,000 | 2.42% | 62.56 |
| 20,000 | 4,000 (20%) | 16,000 | 2.43% | 62.64 |
| 20,000 | 4,000 (20%) | 16,000 | 2.44% | 62.72 |
| 20,000 | 4,000 (20%) | 16,000 | 2.45% | 62.80 |
| 20,000 | 4,000 (20%) | 16,000 | 2.46% | 62.89 |
| 20,000 | 4,000 (20%) | 16,000 | 2.47% | 62.97 |
| 20,000 | 4,000 (20%) | 16,000 | 2.48% | 63.05 |
| 20,000 | 4,000 (20%) | 16,000 | 2.49% | 63.14 |