| What's the payment for a $20,000 mortgage loan at 5%? |
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| How much will my monthly payment be for a 20000 dollar home loan with a 5% 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 5% For 1 Year (12 Months) | 1,712.15 |
| 20,000 Mortgage Loan at 5% For 2 Years (24 Months) | 877.43 |
| 20,000 Mortgage Loan at 5% For 3 Years (36 Months) | 599.42 |
| 20,000 Mortgage Loan at 5% For 4 Years (48 Months) | 460.59 |
| 20,000 Mortgage Loan at 5% For 5 Years (60 Months) | 377.42 |
| 20,000 Mortgage Loan at 5% For 6 Years (72 Months) | 322.10 |
| 20,000 Mortgage Loan at 5% For 7 Years (84 Months) | 282.68 |
| 20,000 Mortgage Loan at 5% For 8 Years (96 Months) | 253.20 |
| 20,000 Mortgage Loan at 5% For 9 Years (108 Months) | 230.35 |
| 20,000 Mortgage Loan at 5% For 10 Years (120 Months) | 212.13 |
| 20,000 Mortgage Loan at 5% For 11 Years (132 Months) | 197.29 |
| 20,000 Mortgage Loan at 5% For 12 Years (144 Months) | 184.98 |
| 20,000 Mortgage Loan at 5% For 13 Years (156 Months) | 174.61 |
| 20,000 Mortgage Loan at 5% For 14 Years (168 Months) | 165.77 |
| 20,000 Mortgage Loan at 5% For 15 Years (180 Months) | 158.16 |
| 20,000 Mortgage Loan at 5% For 16 Years (192 Months) | 151.54 |
| 20,000 Mortgage Loan at 5% For 17 Years (204 Months) | 145.73 |
| 20,000 Mortgage Loan at 5% For 18 Years (216 Months) | 140.61 |
| 20,000 Mortgage Loan at 5% For 19 Years (228 Months) | 136.06 |
| 20,000 Mortgage Loan at 5% For 20 Years (240 Months) | 131.99 |
| 20,000 Mortgage Loan at 5% For 21 Years (252 Months) | 128.34 |
| 20,000 Mortgage Loan at 5% For 22 Years (264 Months) | 125.06 |
| 20,000 Mortgage Loan at 5% For 23 Years (276 Months) | 122.08 |
| 20,000 Mortgage Loan at 5% For 24 Years (288 Months) | 119.38 |
| 20,000 Mortgage Loan at 5% For 25 Years (300 Months) | 116.92 |
| 20,000 Mortgage Loan at 5% For 26 Years (312 Months) | 114.67 |
| 20,000 Mortgage Loan at 5% For 27 Years (324 Months) | 112.61 |
| 20,000 Mortgage Loan at 5% For 28 Years (336 Months) | 110.71 |
| 20,000 Mortgage Loan at 5% For 29 Years (348 Months) | 108.97 |
| 20,000 Mortgage Loan at 5% For 30 Years (360 Months) | 107.36 |
| Price | Down Payment | Loan Amount | Rate | Payment |
| 20,000 | 4,000 (20%) | 16,000 | 5.00% | 85.89 |
| 20,000 | 4,000 (20%) | 16,000 | 5.01% | 85.99 |
| 20,000 | 4,000 (20%) | 16,000 | 5.02% | 86.09 |
| 20,000 | 4,000 (20%) | 16,000 | 5.03% | 86.19 |
| 20,000 | 4,000 (20%) | 16,000 | 5.04% | 86.28 |
| 20,000 | 4,000 (20%) | 16,000 | 5.05% | 86.38 |
| 20,000 | 4,000 (20%) | 16,000 | 5.06% | 86.48 |
| 20,000 | 4,000 (20%) | 16,000 | 5.07% | 86.58 |
| 20,000 | 4,000 (20%) | 16,000 | 5.08% | 86.68 |
| 20,000 | 4,000 (20%) | 16,000 | 5.09% | 86.77 |
| 20,000 | 4,000 (20%) | 16,000 | 5.10% | 86.87 |
| 20,000 | 4,000 (20%) | 16,000 | 5.11% | 86.97 |
| 20,000 | 4,000 (20%) | 16,000 | 5.12% | 87.07 |
| 20,000 | 4,000 (20%) | 16,000 | 5.13% | 87.17 |
| 20,000 | 4,000 (20%) | 16,000 | 5.14% | 87.27 |
| 20,000 | 4,000 (20%) | 16,000 | 5.15% | 87.36 |
| 20,000 | 4,000 (20%) | 16,000 | 5.16% | 87.46 |
| 20,000 | 4,000 (20%) | 16,000 | 5.17% | 87.56 |
| 20,000 | 4,000 (20%) | 16,000 | 5.18% | 87.66 |
| 20,000 | 4,000 (20%) | 16,000 | 5.19% | 87.76 |
| 20,000 | 4,000 (20%) | 16,000 | 5.20% | 87.86 |
| 20,000 | 4,000 (20%) | 16,000 | 5.21% | 87.96 |
| 20,000 | 4,000 (20%) | 16,000 | 5.22% | 88.06 |
| 20,000 | 4,000 (20%) | 16,000 | 5.23% | 88.15 |
| 20,000 | 4,000 (20%) | 16,000 | 5.24% | 88.25 |
| 20,000 | 4,000 (20%) | 16,000 | 5.25% | 88.35 |
| 20,000 | 4,000 (20%) | 16,000 | 5.26% | 88.45 |
| 20,000 | 4,000 (20%) | 16,000 | 5.27% | 88.55 |
| 20,000 | 4,000 (20%) | 16,000 | 5.28% | 88.65 |
| 20,000 | 4,000 (20%) | 16,000 | 5.29% | 88.75 |
| 20,000 | 4,000 (20%) | 16,000 | 5.30% | 88.85 |
| 20,000 | 4,000 (20%) | 16,000 | 5.31% | 88.95 |
| 20,000 | 4,000 (20%) | 16,000 | 5.32% | 89.05 |
| 20,000 | 4,000 (20%) | 16,000 | 5.33% | 89.15 |
| 20,000 | 4,000 (20%) | 16,000 | 5.34% | 89.25 |
| 20,000 | 4,000 (20%) | 16,000 | 5.35% | 89.35 |
| 20,000 | 4,000 (20%) | 16,000 | 5.36% | 89.45 |
| 20,000 | 4,000 (20%) | 16,000 | 5.37% | 89.55 |
| 20,000 | 4,000 (20%) | 16,000 | 5.38% | 89.65 |
| 20,000 | 4,000 (20%) | 16,000 | 5.39% | 89.75 |
| 20,000 | 4,000 (20%) | 16,000 | 5.40% | 89.84 |
| 20,000 | 4,000 (20%) | 16,000 | 5.41% | 89.94 |
| 20,000 | 4,000 (20%) | 16,000 | 5.42% | 90.04 |
| 20,000 | 4,000 (20%) | 16,000 | 5.43% | 90.14 |
| 20,000 | 4,000 (20%) | 16,000 | 5.44% | 90.24 |
| 20,000 | 4,000 (20%) | 16,000 | 5.45% | 90.34 |
| 20,000 | 4,000 (20%) | 16,000 | 5.46% | 90.45 |
| 20,000 | 4,000 (20%) | 16,000 | 5.47% | 90.55 |
| 20,000 | 4,000 (20%) | 16,000 | 5.48% | 90.65 |
| 20,000 | 4,000 (20%) | 16,000 | 5.49% | 90.75 |