42k Amortization Schedule

Create an amortization schedule for a 42,000 mortgage.

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Create an amortization schedule for a $42,000 mortgage.

Enter your home loan details and click Calculate. The payment details and amortization schedule will be shown. Click the download link to access a printable PDF amortization schedule.

How to use
Enter your loan details above to create an amortization table. It will show a breakdown of mortgage payments and loan balance over time. Click the "Download Amortization Schedule" option to see an easy to print version.
What's the monthly payment on a $42,000 mortgage?
The payment is based on the loan term, loan amount, and APR. For example, here's a few different monthly payments for a 42,000 mortgage over 30 years.
Rate Payment
42k at 2% for 30 Years 155.24
42k at 3% for 30 Years 177.07
42k at 4% for 30 Years 200.51
42k at 5% for 30 Years 225.47
42k at 6% for 30 Years 251.81
How does the loan length affect the payment on a 42k mortgage?
While the 30 year mortgage is the most common, other people opt for a 15 year mortgage or an ARM. See below to see how the payment changes for a 42k loan amount based on the APR and loan length.
Rate 30 Years 15 Years 10 Years 5 Years
42k at 2% 155.24 270.27 386.46 736.17
42k at 3% 177.07 290.04 405.56 754.69
42k at 4% 200.51 310.67 425.23 773.49
42k at 5% 225.47 332.13 445.48 792.59
42k at 6% 251.81 354.42 466.29 811.98
What is an amortization schedule?
An amortization schedule shows the breakdown of a loan over time. It shows how much of each payment is paid as interest and how much goes towards the balance.

For example, let's say that you have a 30 year loan for 42,000 with a 6% APR. The monthly payment of this loan is 251.81. This stays constant throughout the term of this fixed rate 30 year loan.

We then need to calculate the monthly rate, so 6% divided by 12 equals .5% per month in interest. Take a look at the chart below to see how the first few payments of the loan are calculated.
Starting Balance Payment Towards Interest Towards Balance Remaining Balance
42,000.00 251.81 210.00 41.81 41,958.19
41,958.19 251.81 209.79 42.02 41,916.17
41,916.17 251.81 209.58 42.23 41,873.94
41,873.94 251.81 209.37 42.44 41,831.50
41,831.50 251.81 209.16 42.65 41,788.84
This continues until the loan is paid off. For interest rates higher than 0%, more of the payment goes towards the balance every month.
Monthly Mortgage Payment Table By Rate For a $42,000 Loan for 30 Years
Rate Payment
42k at 3% for 30 Years 177.07
42k at 3.05% for 30 Years 178.21
42k at 3.1% for 30 Years 179.35
42k at 3.15% for 30 Years 180.49
42k at 3.2% for 30 Years 181.64
42k at 3.25% for 30 Years 182.79
42k at 3.3% for 30 Years 183.94
42k at 3.35% for 30 Years 185.10
42k at 3.4% for 30 Years 186.26
42k at 3.45% for 30 Years 187.43
42k at 3.5% for 30 Years 188.60
42k at 3.55% for 30 Years 189.77
42k at 3.6% for 30 Years 190.95
42k at 3.65% for 30 Years 192.13
42k at 3.7% for 30 Years 193.32
42k at 3.75% for 30 Years 194.51
42k at 3.8% for 30 Years 195.70
42k at 3.85% for 30 Years 196.90
42k at 3.9% for 30 Years 198.10
42k at 3.95% for 30 Years 199.31
42k at 4% for 30 Years 200.51
42k at 4.05% for 30 Years 201.73
42k at 4.1% for 30 Years 202.94
42k at 4.15% for 30 Years 204.16
42k at 4.2% for 30 Years 205.39
42k at 4.25% for 30 Years 206.61
42k at 4.3% for 30 Years 207.85
42k at 4.35% for 30 Years 209.08
42k at 4.4% for 30 Years 210.32
42k at 4.45% for 30 Years 211.56
42k at 4.5% for 30 Years 212.81
42k at 4.55% for 30 Years 214.06
42k at 4.6% for 30 Years 215.31
42k at 4.65% for 30 Years 216.57
42k at 4.7% for 30 Years 217.83
42k at 4.75% for 30 Years 219.09
42k at 4.8% for 30 Years 220.36
42k at 4.85% for 30 Years 221.63
42k at 4.9% for 30 Years 222.91
42k at 4.95% for 30 Years 224.18
42k at 5% for 30 Years 225.47
42k at 5.05% for 30 Years 226.75
42k at 5.1% for 30 Years 228.04
42k at 5.15% for 30 Years 229.33
42k at 5.2% for 30 Years 230.63
42k at 5.25% for 30 Years 231.93
42k at 5.3% for 30 Years 233.23
42k at 5.35% for 30 Years 234.53
42k at 5.4% for 30 Years 235.84
42k at 5.45% for 30 Years 237.16
42k at 5.5% for 30 Years 238.47
Rate Payment
42k at 5.55% for 30 Years 239.79
42k at 5.6% for 30 Years 241.11
42k at 5.65% for 30 Years 242.44
42k at 5.7% for 30 Years 243.77
42k at 5.75% for 30 Years 245.10
42k at 5.8% for 30 Years 246.44
42k at 5.85% for 30 Years 247.78
42k at 5.9% for 30 Years 249.12
42k at 5.95% for 30 Years 250.46
42k at 6% for 30 Years 251.81
42k at 6.05% for 30 Years 253.16
42k at 6.1% for 30 Years 254.52
42k at 6.15% for 30 Years 255.88
42k at 6.2% for 30 Years 257.24
42k at 6.25% for 30 Years 258.60
42k at 6.3% for 30 Years 259.97
42k at 6.35% for 30 Years 261.34
42k at 6.4% for 30 Years 262.71
42k at 6.45% for 30 Years 264.09
42k at 6.5% for 30 Years 265.47
42k at 6.55% for 30 Years 266.85
42k at 6.6% for 30 Years 268.24
42k at 6.65% for 30 Years 269.63
42k at 6.7% for 30 Years 271.02
42k at 6.75% for 30 Years 272.41
42k at 6.8% for 30 Years 273.81
42k at 6.85% for 30 Years 275.21
42k at 6.9% for 30 Years 276.61
42k at 6.95% for 30 Years 278.02
42k at 7% for 30 Years 279.43
42k at 7.05% for 30 Years 280.84
42k at 7.1% for 30 Years 282.25
42k at 7.15% for 30 Years 283.67
42k at 7.2% for 30 Years 285.09
42k at 7.25% for 30 Years 286.51
42k at 7.3% for 30 Years 287.94
42k at 7.35% for 30 Years 289.37
42k at 7.4% for 30 Years 290.80
42k at 7.45% for 30 Years 292.23
42k at 7.5% for 30 Years 293.67
42k at 7.55% for 30 Years 295.11
42k at 7.6% for 30 Years 296.55
42k at 7.65% for 30 Years 298.00
42k at 7.7% for 30 Years 299.44
42k at 7.75% for 30 Years 300.89
42k at 7.8% for 30 Years 302.35
42k at 7.85% for 30 Years 303.80
42k at 7.9% for 30 Years 305.26
42k at 7.95% for 30 Years 306.72
42k at 8% for 30 Years 308.18
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