| What's the payment for a $20,000 mortgage loan at 5.5%? |
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| How much will my monthly payment be for a 20000 dollar home loan with a 5.5% 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 5.5% For 1 Year (12 Months) | 1,716.74 |
| 20,000 Mortgage Loan at 5.5% For 2 Years (24 Months) | 881.91 |
| 20,000 Mortgage Loan at 5.5% For 3 Years (36 Months) | 603.92 |
| 20,000 Mortgage Loan at 5.5% For 4 Years (48 Months) | 465.13 |
| 20,000 Mortgage Loan at 5.5% For 5 Years (60 Months) | 382.02 |
| 20,000 Mortgage Loan at 5.5% For 6 Years (72 Months) | 326.76 |
| 20,000 Mortgage Loan at 5.5% For 7 Years (84 Months) | 287.40 |
| 20,000 Mortgage Loan at 5.5% For 8 Years (96 Months) | 257.99 |
| 20,000 Mortgage Loan at 5.5% For 9 Years (108 Months) | 235.20 |
| 20,000 Mortgage Loan at 5.5% For 10 Years (120 Months) | 217.05 |
| 20,000 Mortgage Loan at 5.5% For 11 Years (132 Months) | 202.28 |
| 20,000 Mortgage Loan at 5.5% For 12 Years (144 Months) | 190.03 |
| 20,000 Mortgage Loan at 5.5% For 13 Years (156 Months) | 179.74 |
| 20,000 Mortgage Loan at 5.5% For 14 Years (168 Months) | 170.97 |
| 20,000 Mortgage Loan at 5.5% For 15 Years (180 Months) | 163.42 |
| 20,000 Mortgage Loan at 5.5% For 16 Years (192 Months) | 156.86 |
| 20,000 Mortgage Loan at 5.5% For 17 Years (204 Months) | 151.12 |
| 20,000 Mortgage Loan at 5.5% For 18 Years (216 Months) | 146.06 |
| 20,000 Mortgage Loan at 5.5% For 19 Years (228 Months) | 141.58 |
| 20,000 Mortgage Loan at 5.5% For 20 Years (240 Months) | 137.58 |
| 20,000 Mortgage Loan at 5.5% For 21 Years (252 Months) | 133.99 |
| 20,000 Mortgage Loan at 5.5% For 22 Years (264 Months) | 130.77 |
| 20,000 Mortgage Loan at 5.5% For 23 Years (276 Months) | 127.86 |
| 20,000 Mortgage Loan at 5.5% For 24 Years (288 Months) | 125.22 |
| 20,000 Mortgage Loan at 5.5% For 25 Years (300 Months) | 122.82 |
| 20,000 Mortgage Loan at 5.5% For 26 Years (312 Months) | 120.63 |
| 20,000 Mortgage Loan at 5.5% For 27 Years (324 Months) | 118.63 |
| 20,000 Mortgage Loan at 5.5% For 28 Years (336 Months) | 116.79 |
| 20,000 Mortgage Loan at 5.5% For 29 Years (348 Months) | 115.11 |
| 20,000 Mortgage Loan at 5.5% For 30 Years (360 Months) | 113.56 |
| Price | Down Payment | Loan Amount | Rate | Payment |
| 20,000 | 4,000 (20%) | 16,000 | 5.50% | 90.85 |
| 20,000 | 4,000 (20%) | 16,000 | 5.51% | 90.95 |
| 20,000 | 4,000 (20%) | 16,000 | 5.52% | 91.05 |
| 20,000 | 4,000 (20%) | 16,000 | 5.53% | 91.15 |
| 20,000 | 4,000 (20%) | 16,000 | 5.54% | 91.25 |
| 20,000 | 4,000 (20%) | 16,000 | 5.55% | 91.35 |
| 20,000 | 4,000 (20%) | 16,000 | 5.56% | 91.45 |
| 20,000 | 4,000 (20%) | 16,000 | 5.57% | 91.55 |
| 20,000 | 4,000 (20%) | 16,000 | 5.58% | 91.65 |
| 20,000 | 4,000 (20%) | 16,000 | 5.59% | 91.75 |
| 20,000 | 4,000 (20%) | 16,000 | 5.60% | 91.85 |
| 20,000 | 4,000 (20%) | 16,000 | 5.61% | 91.95 |
| 20,000 | 4,000 (20%) | 16,000 | 5.62% | 92.05 |
| 20,000 | 4,000 (20%) | 16,000 | 5.63% | 92.16 |
| 20,000 | 4,000 (20%) | 16,000 | 5.64% | 92.26 |
| 20,000 | 4,000 (20%) | 16,000 | 5.65% | 92.36 |
| 20,000 | 4,000 (20%) | 16,000 | 5.66% | 92.46 |
| 20,000 | 4,000 (20%) | 16,000 | 5.67% | 92.56 |
| 20,000 | 4,000 (20%) | 16,000 | 5.68% | 92.66 |
| 20,000 | 4,000 (20%) | 16,000 | 5.69% | 92.76 |
| 20,000 | 4,000 (20%) | 16,000 | 5.70% | 92.86 |
| 20,000 | 4,000 (20%) | 16,000 | 5.71% | 92.97 |
| 20,000 | 4,000 (20%) | 16,000 | 5.72% | 93.07 |
| 20,000 | 4,000 (20%) | 16,000 | 5.73% | 93.17 |
| 20,000 | 4,000 (20%) | 16,000 | 5.74% | 93.27 |
| 20,000 | 4,000 (20%) | 16,000 | 5.75% | 93.37 |
| 20,000 | 4,000 (20%) | 16,000 | 5.76% | 93.47 |
| 20,000 | 4,000 (20%) | 16,000 | 5.77% | 93.58 |
| 20,000 | 4,000 (20%) | 16,000 | 5.78% | 93.68 |
| 20,000 | 4,000 (20%) | 16,000 | 5.79% | 93.78 |
| 20,000 | 4,000 (20%) | 16,000 | 5.80% | 93.88 |
| 20,000 | 4,000 (20%) | 16,000 | 5.81% | 93.98 |
| 20,000 | 4,000 (20%) | 16,000 | 5.82% | 94.08 |
| 20,000 | 4,000 (20%) | 16,000 | 5.83% | 94.19 |
| 20,000 | 4,000 (20%) | 16,000 | 5.84% | 94.29 |
| 20,000 | 4,000 (20%) | 16,000 | 5.85% | 94.39 |
| 20,000 | 4,000 (20%) | 16,000 | 5.86% | 94.49 |
| 20,000 | 4,000 (20%) | 16,000 | 5.87% | 94.59 |
| 20,000 | 4,000 (20%) | 16,000 | 5.88% | 94.70 |
| 20,000 | 4,000 (20%) | 16,000 | 5.89% | 94.80 |
| 20,000 | 4,000 (20%) | 16,000 | 5.90% | 94.90 |
| 20,000 | 4,000 (20%) | 16,000 | 5.91% | 95.00 |
| 20,000 | 4,000 (20%) | 16,000 | 5.92% | 95.11 |
| 20,000 | 4,000 (20%) | 16,000 | 5.93% | 95.21 |
| 20,000 | 4,000 (20%) | 16,000 | 5.94% | 95.31 |
| 20,000 | 4,000 (20%) | 16,000 | 5.95% | 95.41 |
| 20,000 | 4,000 (20%) | 16,000 | 5.96% | 95.52 |
| 20,000 | 4,000 (20%) | 16,000 | 5.97% | 95.62 |
| 20,000 | 4,000 (20%) | 16,000 | 5.98% | 95.72 |
| 20,000 | 4,000 (20%) | 16,000 | 5.99% | 95.83 |