| What's the payment for a $242,000 mortgage loan at 8.5%? |
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| How much will my monthly payment be for a 242000 dollar home loan with a 8.5% 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 |
| 242,000 Mortgage Loan at 8.5% For 1 Year (12 Months) | 21,107.19 |
| 242,000 Mortgage Loan at 8.5% For 2 Years (24 Months) | 11,000.27 |
| 242,000 Mortgage Loan at 8.5% For 3 Years (36 Months) | 7,639.34 |
| 242,000 Mortgage Loan at 8.5% For 4 Years (48 Months) | 5,964.89 |
| 242,000 Mortgage Loan at 8.5% For 5 Years (60 Months) | 4,965.00 |
| 242,000 Mortgage Loan at 8.5% For 6 Years (72 Months) | 4,302.37 |
| 242,000 Mortgage Loan at 8.5% For 7 Years (84 Months) | 3,832.43 |
| 242,000 Mortgage Loan at 8.5% For 8 Years (96 Months) | 3,482.90 |
| 242,000 Mortgage Loan at 8.5% For 9 Years (108 Months) | 3,213.60 |
| 242,000 Mortgage Loan at 8.5% For 10 Years (120 Months) | 3,000.45 |
| 242,000 Mortgage Loan at 8.5% For 11 Years (132 Months) | 2,828.11 |
| 242,000 Mortgage Loan at 8.5% For 12 Years (144 Months) | 2,686.33 |
| 242,000 Mortgage Loan at 8.5% For 13 Years (156 Months) | 2,568.05 |
| 242,000 Mortgage Loan at 8.5% For 14 Years (168 Months) | 2,468.20 |
| 242,000 Mortgage Loan at 8.5% For 15 Years (180 Months) | 2,383.07 |
| 242,000 Mortgage Loan at 8.5% For 16 Years (192 Months) | 2,309.87 |
| 242,000 Mortgage Loan at 8.5% For 17 Years (204 Months) | 2,246.47 |
| 242,000 Mortgage Loan at 8.5% For 18 Years (216 Months) | 2,191.21 |
| 242,000 Mortgage Loan at 8.5% For 19 Years (228 Months) | 2,142.78 |
| 242,000 Mortgage Loan at 8.5% For 20 Years (240 Months) | 2,100.13 |
| 242,000 Mortgage Loan at 8.5% For 21 Years (252 Months) | 2,062.42 |
| 242,000 Mortgage Loan at 8.5% For 22 Years (264 Months) | 2,028.94 |
| 242,000 Mortgage Loan at 8.5% For 23 Years (276 Months) | 1,999.13 |
| 242,000 Mortgage Loan at 8.5% For 24 Years (288 Months) | 1,972.50 |
| 242,000 Mortgage Loan at 8.5% For 25 Years (300 Months) | 1,948.65 |
| 242,000 Mortgage Loan at 8.5% For 26 Years (312 Months) | 1,927.24 |
| 242,000 Mortgage Loan at 8.5% For 27 Years (324 Months) | 1,907.98 |
| 242,000 Mortgage Loan at 8.5% For 28 Years (336 Months) | 1,890.62 |
| 242,000 Mortgage Loan at 8.5% For 29 Years (348 Months) | 1,874.94 |
| 242,000 Mortgage Loan at 8.5% For 30 Years (360 Months) | 1,860.77 |
| Price | Down Payment | Loan Amount | Rate | Payment |
| 242,000 | 48,400 (20%) | 193,600 | 8.50% | 1,488.62 |
| 242,000 | 48,400 (20%) | 193,600 | 8.51% | 1,489.99 |
| 242,000 | 48,400 (20%) | 193,600 | 8.52% | 1,491.36 |
| 242,000 | 48,400 (20%) | 193,600 | 8.53% | 1,492.73 |
| 242,000 | 48,400 (20%) | 193,600 | 8.54% | 1,494.11 |
| 242,000 | 48,400 (20%) | 193,600 | 8.55% | 1,495.48 |
| 242,000 | 48,400 (20%) | 193,600 | 8.56% | 1,496.86 |
| 242,000 | 48,400 (20%) | 193,600 | 8.57% | 1,498.23 |
| 242,000 | 48,400 (20%) | 193,600 | 8.58% | 1,499.61 |
| 242,000 | 48,400 (20%) | 193,600 | 8.59% | 1,500.98 |
| 242,000 | 48,400 (20%) | 193,600 | 8.60% | 1,502.36 |
| 242,000 | 48,400 (20%) | 193,600 | 8.61% | 1,503.74 |
| 242,000 | 48,400 (20%) | 193,600 | 8.62% | 1,505.11 |
| 242,000 | 48,400 (20%) | 193,600 | 8.63% | 1,506.49 |
| 242,000 | 48,400 (20%) | 193,600 | 8.64% | 1,507.87 |
| 242,000 | 48,400 (20%) | 193,600 | 8.65% | 1,509.25 |
| 242,000 | 48,400 (20%) | 193,600 | 8.66% | 1,510.62 |
| 242,000 | 48,400 (20%) | 193,600 | 8.67% | 1,512.00 |
| 242,000 | 48,400 (20%) | 193,600 | 8.68% | 1,513.38 |
| 242,000 | 48,400 (20%) | 193,600 | 8.69% | 1,514.76 |
| 242,000 | 48,400 (20%) | 193,600 | 8.70% | 1,516.14 |
| 242,000 | 48,400 (20%) | 193,600 | 8.71% | 1,517.52 |
| 242,000 | 48,400 (20%) | 193,600 | 8.72% | 1,518.91 |
| 242,000 | 48,400 (20%) | 193,600 | 8.73% | 1,520.29 |
| 242,000 | 48,400 (20%) | 193,600 | 8.74% | 1,521.67 |
| 242,000 | 48,400 (20%) | 193,600 | 8.75% | 1,523.05 |
| 242,000 | 48,400 (20%) | 193,600 | 8.76% | 1,524.43 |
| 242,000 | 48,400 (20%) | 193,600 | 8.77% | 1,525.82 |
| 242,000 | 48,400 (20%) | 193,600 | 8.78% | 1,527.20 |
| 242,000 | 48,400 (20%) | 193,600 | 8.79% | 1,528.59 |
| 242,000 | 48,400 (20%) | 193,600 | 8.80% | 1,529.97 |
| 242,000 | 48,400 (20%) | 193,600 | 8.81% | 1,531.36 |
| 242,000 | 48,400 (20%) | 193,600 | 8.82% | 1,532.74 |
| 242,000 | 48,400 (20%) | 193,600 | 8.83% | 1,534.13 |
| 242,000 | 48,400 (20%) | 193,600 | 8.84% | 1,535.51 |
| 242,000 | 48,400 (20%) | 193,600 | 8.85% | 1,536.90 |
| 242,000 | 48,400 (20%) | 193,600 | 8.86% | 1,538.29 |
| 242,000 | 48,400 (20%) | 193,600 | 8.87% | 1,539.67 |
| 242,000 | 48,400 (20%) | 193,600 | 8.88% | 1,541.06 |
| 242,000 | 48,400 (20%) | 193,600 | 8.89% | 1,542.45 |
| 242,000 | 48,400 (20%) | 193,600 | 8.90% | 1,543.84 |
| 242,000 | 48,400 (20%) | 193,600 | 8.91% | 1,545.23 |
| 242,000 | 48,400 (20%) | 193,600 | 8.92% | 1,546.62 |
| 242,000 | 48,400 (20%) | 193,600 | 8.93% | 1,548.01 |
| 242,000 | 48,400 (20%) | 193,600 | 8.94% | 1,549.40 |
| 242,000 | 48,400 (20%) | 193,600 | 8.95% | 1,550.79 |
| 242,000 | 48,400 (20%) | 193,600 | 8.96% | 1,552.18 |
| 242,000 | 48,400 (20%) | 193,600 | 8.97% | 1,553.57 |
| 242,000 | 48,400 (20%) | 193,600 | 8.98% | 1,554.96 |
| 242,000 | 48,400 (20%) | 193,600 | 8.99% | 1,556.36 |