| What's the payment for a $20,000 mortgage loan at 6.5%? |
|---|
| How much will my monthly payment be for a 20000 dollar home loan with a 6.5% 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 6.5% For 1 Year (12 Months) | 1,725.93 |
| 20,000 Mortgage Loan at 6.5% For 2 Years (24 Months) | 890.93 |
| 20,000 Mortgage Loan at 6.5% For 3 Years (36 Months) | 612.98 |
| 20,000 Mortgage Loan at 6.5% For 4 Years (48 Months) | 474.30 |
| 20,000 Mortgage Loan at 6.5% For 5 Years (60 Months) | 391.32 |
| 20,000 Mortgage Loan at 6.5% For 6 Years (72 Months) | 336.20 |
| 20,000 Mortgage Loan at 6.5% For 7 Years (84 Months) | 296.99 |
| 20,000 Mortgage Loan at 6.5% For 8 Years (96 Months) | 267.72 |
| 20,000 Mortgage Loan at 6.5% For 9 Years (108 Months) | 245.09 |
| 20,000 Mortgage Loan at 6.5% For 10 Years (120 Months) | 227.10 |
| 20,000 Mortgage Loan at 6.5% For 11 Years (132 Months) | 212.48 |
| 20,000 Mortgage Loan at 6.5% For 12 Years (144 Months) | 200.38 |
| 20,000 Mortgage Loan at 6.5% For 13 Years (156 Months) | 190.24 |
| 20,000 Mortgage Loan at 6.5% For 14 Years (168 Months) | 181.62 |
| 20,000 Mortgage Loan at 6.5% For 15 Years (180 Months) | 174.22 |
| 20,000 Mortgage Loan at 6.5% For 16 Years (192 Months) | 167.82 |
| 20,000 Mortgage Loan at 6.5% For 17 Years (204 Months) | 162.22 |
| 20,000 Mortgage Loan at 6.5% For 18 Years (216 Months) | 157.31 |
| 20,000 Mortgage Loan at 6.5% For 19 Years (228 Months) | 152.97 |
| 20,000 Mortgage Loan at 6.5% For 20 Years (240 Months) | 149.11 |
| 20,000 Mortgage Loan at 6.5% For 21 Years (252 Months) | 145.67 |
| 20,000 Mortgage Loan at 6.5% For 22 Years (264 Months) | 142.59 |
| 20,000 Mortgage Loan at 6.5% For 23 Years (276 Months) | 139.81 |
| 20,000 Mortgage Loan at 6.5% For 24 Years (288 Months) | 137.31 |
| 20,000 Mortgage Loan at 6.5% For 25 Years (300 Months) | 135.04 |
| 20,000 Mortgage Loan at 6.5% For 26 Years (312 Months) | 132.98 |
| 20,000 Mortgage Loan at 6.5% For 27 Years (324 Months) | 131.11 |
| 20,000 Mortgage Loan at 6.5% For 28 Years (336 Months) | 129.40 |
| 20,000 Mortgage Loan at 6.5% For 29 Years (348 Months) | 127.84 |
| 20,000 Mortgage Loan at 6.5% For 30 Years (360 Months) | 126.41 |
| Price | Down Payment | Loan Amount | Rate | Payment |
| 20,000 | 4,000 (20%) | 16,000 | 6.50% | 101.13 |
| 20,000 | 4,000 (20%) | 16,000 | 6.51% | 101.24 |
| 20,000 | 4,000 (20%) | 16,000 | 6.52% | 101.34 |
| 20,000 | 4,000 (20%) | 16,000 | 6.53% | 101.45 |
| 20,000 | 4,000 (20%) | 16,000 | 6.54% | 101.55 |
| 20,000 | 4,000 (20%) | 16,000 | 6.55% | 101.66 |
| 20,000 | 4,000 (20%) | 16,000 | 6.56% | 101.76 |
| 20,000 | 4,000 (20%) | 16,000 | 6.57% | 101.87 |
| 20,000 | 4,000 (20%) | 16,000 | 6.58% | 101.97 |
| 20,000 | 4,000 (20%) | 16,000 | 6.59% | 102.08 |
| 20,000 | 4,000 (20%) | 16,000 | 6.60% | 102.19 |
| 20,000 | 4,000 (20%) | 16,000 | 6.61% | 102.29 |
| 20,000 | 4,000 (20%) | 16,000 | 6.62% | 102.40 |
| 20,000 | 4,000 (20%) | 16,000 | 6.63% | 102.50 |
| 20,000 | 4,000 (20%) | 16,000 | 6.64% | 102.61 |
| 20,000 | 4,000 (20%) | 16,000 | 6.65% | 102.71 |
| 20,000 | 4,000 (20%) | 16,000 | 6.66% | 102.82 |
| 20,000 | 4,000 (20%) | 16,000 | 6.67% | 102.93 |
| 20,000 | 4,000 (20%) | 16,000 | 6.68% | 103.03 |
| 20,000 | 4,000 (20%) | 16,000 | 6.69% | 103.14 |
| 20,000 | 4,000 (20%) | 16,000 | 6.70% | 103.24 |
| 20,000 | 4,000 (20%) | 16,000 | 6.71% | 103.35 |
| 20,000 | 4,000 (20%) | 16,000 | 6.72% | 103.46 |
| 20,000 | 4,000 (20%) | 16,000 | 6.73% | 103.56 |
| 20,000 | 4,000 (20%) | 16,000 | 6.74% | 103.67 |
| 20,000 | 4,000 (20%) | 16,000 | 6.75% | 103.78 |
| 20,000 | 4,000 (20%) | 16,000 | 6.76% | 103.88 |
| 20,000 | 4,000 (20%) | 16,000 | 6.77% | 103.99 |
| 20,000 | 4,000 (20%) | 16,000 | 6.78% | 104.09 |
| 20,000 | 4,000 (20%) | 16,000 | 6.79% | 104.20 |
| 20,000 | 4,000 (20%) | 16,000 | 6.80% | 104.31 |
| 20,000 | 4,000 (20%) | 16,000 | 6.81% | 104.41 |
| 20,000 | 4,000 (20%) | 16,000 | 6.82% | 104.52 |
| 20,000 | 4,000 (20%) | 16,000 | 6.83% | 104.63 |
| 20,000 | 4,000 (20%) | 16,000 | 6.84% | 104.73 |
| 20,000 | 4,000 (20%) | 16,000 | 6.85% | 104.84 |
| 20,000 | 4,000 (20%) | 16,000 | 6.86% | 104.95 |
| 20,000 | 4,000 (20%) | 16,000 | 6.87% | 105.06 |
| 20,000 | 4,000 (20%) | 16,000 | 6.88% | 105.16 |
| 20,000 | 4,000 (20%) | 16,000 | 6.89% | 105.27 |
| 20,000 | 4,000 (20%) | 16,000 | 6.90% | 105.38 |
| 20,000 | 4,000 (20%) | 16,000 | 6.91% | 105.48 |
| 20,000 | 4,000 (20%) | 16,000 | 6.92% | 105.59 |
| 20,000 | 4,000 (20%) | 16,000 | 6.93% | 105.70 |
| 20,000 | 4,000 (20%) | 16,000 | 6.94% | 105.80 |
| 20,000 | 4,000 (20%) | 16,000 | 6.95% | 105.91 |
| 20,000 | 4,000 (20%) | 16,000 | 6.96% | 106.02 |
| 20,000 | 4,000 (20%) | 16,000 | 6.97% | 106.13 |
| 20,000 | 4,000 (20%) | 16,000 | 6.98% | 106.23 |
| 20,000 | 4,000 (20%) | 16,000 | 6.99% | 106.34 |