| What's the payment for a $20,000 mortgage loan at 6%? |
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| How much will my monthly payment be for a 20000 dollar home loan with a 6% 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 6% For 1 Year (12 Months) | 1,721.33 |
| 20,000 Mortgage Loan at 6% For 2 Years (24 Months) | 886.41 |
| 20,000 Mortgage Loan at 6% For 3 Years (36 Months) | 608.44 |
| 20,000 Mortgage Loan at 6% For 4 Years (48 Months) | 469.70 |
| 20,000 Mortgage Loan at 6% For 5 Years (60 Months) | 386.66 |
| 20,000 Mortgage Loan at 6% For 6 Years (72 Months) | 331.46 |
| 20,000 Mortgage Loan at 6% For 7 Years (84 Months) | 292.17 |
| 20,000 Mortgage Loan at 6% For 8 Years (96 Months) | 262.83 |
| 20,000 Mortgage Loan at 6% For 9 Years (108 Months) | 240.11 |
| 20,000 Mortgage Loan at 6% For 10 Years (120 Months) | 222.04 |
| 20,000 Mortgage Loan at 6% For 11 Years (132 Months) | 207.34 |
| 20,000 Mortgage Loan at 6% For 12 Years (144 Months) | 195.17 |
| 20,000 Mortgage Loan at 6% For 13 Years (156 Months) | 184.94 |
| 20,000 Mortgage Loan at 6% For 14 Years (168 Months) | 176.25 |
| 20,000 Mortgage Loan at 6% For 15 Years (180 Months) | 168.77 |
| 20,000 Mortgage Loan at 6% For 16 Years (192 Months) | 162.29 |
| 20,000 Mortgage Loan at 6% For 17 Years (204 Months) | 156.62 |
| 20,000 Mortgage Loan at 6% For 18 Years (216 Months) | 151.63 |
| 20,000 Mortgage Loan at 6% For 19 Years (228 Months) | 147.22 |
| 20,000 Mortgage Loan at 6% For 20 Years (240 Months) | 143.29 |
| 20,000 Mortgage Loan at 6% For 21 Years (252 Months) | 139.77 |
| 20,000 Mortgage Loan at 6% For 22 Years (264 Months) | 136.61 |
| 20,000 Mortgage Loan at 6% For 23 Years (276 Months) | 133.77 |
| 20,000 Mortgage Loan at 6% For 24 Years (288 Months) | 131.20 |
| 20,000 Mortgage Loan at 6% For 25 Years (300 Months) | 128.86 |
| 20,000 Mortgage Loan at 6% For 26 Years (312 Months) | 126.74 |
| 20,000 Mortgage Loan at 6% For 27 Years (324 Months) | 124.80 |
| 20,000 Mortgage Loan at 6% For 28 Years (336 Months) | 123.02 |
| 20,000 Mortgage Loan at 6% For 29 Years (348 Months) | 121.40 |
| 20,000 Mortgage Loan at 6% For 30 Years (360 Months) | 119.91 |
| Price | Down Payment | Loan Amount | Rate | Payment |
| 20,000 | 4,000 (20%) | 16,000 | 6.00% | 95.93 |
| 20,000 | 4,000 (20%) | 16,000 | 6.01% | 96.03 |
| 20,000 | 4,000 (20%) | 16,000 | 6.02% | 96.13 |
| 20,000 | 4,000 (20%) | 16,000 | 6.03% | 96.24 |
| 20,000 | 4,000 (20%) | 16,000 | 6.04% | 96.34 |
| 20,000 | 4,000 (20%) | 16,000 | 6.05% | 96.44 |
| 20,000 | 4,000 (20%) | 16,000 | 6.06% | 96.55 |
| 20,000 | 4,000 (20%) | 16,000 | 6.07% | 96.65 |
| 20,000 | 4,000 (20%) | 16,000 | 6.08% | 96.75 |
| 20,000 | 4,000 (20%) | 16,000 | 6.09% | 96.86 |
| 20,000 | 4,000 (20%) | 16,000 | 6.10% | 96.96 |
| 20,000 | 4,000 (20%) | 16,000 | 6.11% | 97.06 |
| 20,000 | 4,000 (20%) | 16,000 | 6.12% | 97.17 |
| 20,000 | 4,000 (20%) | 16,000 | 6.13% | 97.27 |
| 20,000 | 4,000 (20%) | 16,000 | 6.14% | 97.37 |
| 20,000 | 4,000 (20%) | 16,000 | 6.15% | 97.48 |
| 20,000 | 4,000 (20%) | 16,000 | 6.16% | 97.58 |
| 20,000 | 4,000 (20%) | 16,000 | 6.17% | 97.68 |
| 20,000 | 4,000 (20%) | 16,000 | 6.18% | 97.79 |
| 20,000 | 4,000 (20%) | 16,000 | 6.19% | 97.89 |
| 20,000 | 4,000 (20%) | 16,000 | 6.20% | 98.00 |
| 20,000 | 4,000 (20%) | 16,000 | 6.21% | 98.10 |
| 20,000 | 4,000 (20%) | 16,000 | 6.22% | 98.20 |
| 20,000 | 4,000 (20%) | 16,000 | 6.23% | 98.31 |
| 20,000 | 4,000 (20%) | 16,000 | 6.24% | 98.41 |
| 20,000 | 4,000 (20%) | 16,000 | 6.25% | 98.51 |
| 20,000 | 4,000 (20%) | 16,000 | 6.26% | 98.62 |
| 20,000 | 4,000 (20%) | 16,000 | 6.27% | 98.72 |
| 20,000 | 4,000 (20%) | 16,000 | 6.28% | 98.83 |
| 20,000 | 4,000 (20%) | 16,000 | 6.29% | 98.93 |
| 20,000 | 4,000 (20%) | 16,000 | 6.30% | 99.04 |
| 20,000 | 4,000 (20%) | 16,000 | 6.31% | 99.14 |
| 20,000 | 4,000 (20%) | 16,000 | 6.32% | 99.24 |
| 20,000 | 4,000 (20%) | 16,000 | 6.33% | 99.35 |
| 20,000 | 4,000 (20%) | 16,000 | 6.34% | 99.45 |
| 20,000 | 4,000 (20%) | 16,000 | 6.35% | 99.56 |
| 20,000 | 4,000 (20%) | 16,000 | 6.36% | 99.66 |
| 20,000 | 4,000 (20%) | 16,000 | 6.37% | 99.77 |
| 20,000 | 4,000 (20%) | 16,000 | 6.38% | 99.87 |
| 20,000 | 4,000 (20%) | 16,000 | 6.39% | 99.98 |
| 20,000 | 4,000 (20%) | 16,000 | 6.40% | 100.08 |
| 20,000 | 4,000 (20%) | 16,000 | 6.41% | 100.19 |
| 20,000 | 4,000 (20%) | 16,000 | 6.42% | 100.29 |
| 20,000 | 4,000 (20%) | 16,000 | 6.43% | 100.40 |
| 20,000 | 4,000 (20%) | 16,000 | 6.44% | 100.50 |
| 20,000 | 4,000 (20%) | 16,000 | 6.45% | 100.61 |
| 20,000 | 4,000 (20%) | 16,000 | 6.46% | 100.71 |
| 20,000 | 4,000 (20%) | 16,000 | 6.47% | 100.82 |
| 20,000 | 4,000 (20%) | 16,000 | 6.48% | 100.92 |
| 20,000 | 4,000 (20%) | 16,000 | 6.49% | 101.03 |