20 Year Mortgage Calculator
Calculate your 20-year fixed rate mortgage payments and see how much you'll save in interest
20 Year Mortgage Calculator
Estimate your monthly payments for a 20-year fixed rate mortgage
The full 20-year mortgage calculator is available on our main calculator page
Go to Main CalculatorUnderstanding 20-Year Mortgages
Balance between monthly payment and total interest savings
Monthly PaymentHigher than 30-year
Moderate monthly payments between 15 and 30-year options
Total InterestLess than 30-year
Save significant interest compared to 30-year mortgages
Payoff Time20 years
Own your home in 20 years with regular payments
Payment Examples
$300,000 Loan at 4%
Monthly: ~$1,820
$400,000 Loan at 4%
Monthly: ~$2,423
$500,000 Loan at 4%
Monthly: ~$3,029
Benefits
- Lower total interest than 30-year
- More affordable payments than 15-year
- Pay off home 10 years faster
- Build equity faster
Calculate Your 20-Year Mortgage
Use our mortgage calculator to determine your exact 20-year mortgage payments and total interest.
Start Calculating