Mortgage Loan of $12,000 for 15 Years at 8.50%
What's the payment on a 15 year home loan for $12k at 8.50% interest?
Results
Monthly payment: $118.17
$1,418 per year
What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $12k loan. It can be used for a house, car, boat, credit card debt consolidation, student loan debt, motorcycle, RV, race horse, exotic pet, business, real estate, etc... Try paying off your loan early or refinancing to save money.
Also remember to consider other home costs like insurance, taxes, PMI, and general maintenance costs.
Loan Table for 12,000 loan for 15 years at 8.50 percent interest
Amortization Table. How much goes to interest? How much to principal? What's the loan balance?
Month | Monthly Payment | Principal Paid | Interest Paid | Mortgage Balance |
---|---|---|---|---|
1 | 118.17 | 33.17 | 85.00 | 11,966.83 |
2 | 118.17 | 33.40 | 84.77 | 11,933.43 |
3 | 118.17 | 33.64 | 84.53 | 11,899.79 |
4 | 118.17 | 33.88 | 84.29 | 11,865.91 |
5 | 118.17 | 34.12 | 84.05 | 11,831.79 |
6 | 118.17 | 34.36 | 83.81 | 11,797.43 |
7 | 118.17 | 34.60 | 83.57 | 11,762.83 |
8 | 118.17 | 34.85 | 83.32 | 11,727.98 |
9 | 118.17 | 35.10 | 83.07 | 11,692.88 |
10 | 118.17 | 35.34 | 82.82 | 11,657.54 |
11 | 118.17 | 35.59 | 82.57 | 11,621.94 |
12 | 118.17 | 35.85 | 82.32 | 11,586.10 |
13 | 118.17 | 36.10 | 82.07 | 11,550.00 |
14 | 118.17 | 36.36 | 81.81 | 11,513.64 |
15 | 118.17 | 36.61 | 81.55 | 11,477.03 |
16 | 118.17 | 36.87 | 81.30 | 11,440.15 |
17 | 118.17 | 37.13 | 81.03 | 11,403.02 |
18 | 118.17 | 37.40 | 80.77 | 11,365.62 |
19 | 118.17 | 37.66 | 80.51 | 11,327.96 |
20 | 118.17 | 37.93 | 80.24 | 11,290.03 |
21 | 118.17 | 38.20 | 79.97 | 11,251.83 |
22 | 118.17 | 38.47 | 79.70 | 11,213.36 |
23 | 118.17 | 38.74 | 79.43 | 11,174.62 |
24 | 118.17 | 39.02 | 79.15 | 11,135.61 |
25 | 118.17 | 39.29 | 78.88 | 11,096.32 |
26 | 118.17 | 39.57 | 78.60 | 11,056.75 |
27 | 118.17 | 39.85 | 78.32 | 11,016.90 |
28 | 118.17 | 40.13 | 78.04 | 10,976.76 |
29 | 118.17 | 40.42 | 77.75 | 10,936.35 |
30 | 118.17 | 40.70 | 77.47 | 10,895.64 |
31 | 118.17 | 40.99 | 77.18 | 10,854.65 |
32 | 118.17 | 41.28 | 76.89 | 10,813.37 |
33 | 118.17 | 41.57 | 76.59 | 10,771.80 |
34 | 118.17 | 41.87 | 76.30 | 10,729.93 |
35 | 118.17 | 42.17 | 76.00 | 10,687.76 |
36 | 118.17 | 42.46 | 75.70 | 10,645.30 |
37 | 118.17 | 42.76 | 75.40 | 10,602.54 |
38 | 118.17 | 43.07 | 75.10 | 10,559.47 |
39 | 118.17 | 43.37 | 74.80 | 10,516.10 |
40 | 118.17 | 43.68 | 74.49 | 10,472.42 |
41 | 118.17 | 43.99 | 74.18 | 10,428.43 |
42 | 118.17 | 44.30 | 73.87 | 10,384.13 |
43 | 118.17 | 44.61 | 73.55 | 10,339.51 |
44 | 118.17 | 44.93 | 73.24 | 10,294.58 |
45 | 118.17 | 45.25 | 72.92 | 10,249.33 |
46 | 118.17 | 45.57 | 72.60 | 10,203.76 |
47 | 118.17 | 45.89 | 72.28 | 10,157.87 |
48 | 118.17 | 46.22 | 71.95 | 10,111.65 |
49 | 118.17 | 46.54 | 71.62 | 10,065.11 |
50 | 118.17 | 46.87 | 71.29 | 10,018.23 |
51 | 118.17 | 47.21 | 70.96 | 9,971.03 |
52 | 118.17 | 47.54 | 70.63 | 9,923.49 |
53 | 118.17 | 47.88 | 70.29 | 9,875.61 |
54 | 118.17 | 48.22 | 69.95 | 9,827.39 |
55 | 118.17 | 48.56 | 69.61 | 9,778.84 |
56 | 118.17 | 48.90 | 69.27 | 9,729.93 |
57 | 118.17 | 49.25 | 68.92 | 9,680.69 |
58 | 118.17 | 49.60 | 68.57 | 9,631.09 |
59 | 118.17 | 49.95 | 68.22 | 9,581.14 |
60 | 118.17 | 50.30 | 67.87 | 9,530.84 |
61 | 118.17 | 50.66 | 67.51 | 9,480.18 |
62 | 118.17 | 51.02 | 67.15 | 9,429.16 |
63 | 118.17 | 51.38 | 66.79 | 9,377.78 |
64 | 118.17 | 51.74 | 66.43 | 9,326.04 |
65 | 118.17 | 52.11 | 66.06 | 9,273.93 |
66 | 118.17 | 52.48 | 65.69 | 9,221.45 |
67 | 118.17 | 52.85 | 65.32 | 9,168.60 |
68 | 118.17 | 53.22 | 64.94 | 9,115.38 |
69 | 118.17 | 53.60 | 64.57 | 9,061.78 |
70 | 118.17 | 53.98 | 64.19 | 9,007.79 |
71 | 118.17 | 54.36 | 63.81 | 8,953.43 |
72 | 118.17 | 54.75 | 63.42 | 8,898.68 |
73 | 118.17 | 55.14 | 63.03 | 8,843.55 |
74 | 118.17 | 55.53 | 62.64 | 8,788.02 |
75 | 118.17 | 55.92 | 62.25 | 8,732.10 |
76 | 118.17 | 56.32 | 61.85 | 8,675.78 |
77 | 118.17 | 56.72 | 61.45 | 8,619.07 |
78 | 118.17 | 57.12 | 61.05 | 8,561.95 |
79 | 118.17 | 57.52 | 60.65 | 8,504.43 |
80 | 118.17 | 57.93 | 60.24 | 8,446.50 |
81 | 118.17 | 58.34 | 59.83 | 8,388.16 |
82 | 118.17 | 58.75 | 59.42 | 8,329.41 |
83 | 118.17 | 59.17 | 59.00 | 8,270.24 |
84 | 118.17 | 59.59 | 58.58 | 8,210.65 |
85 | 118.17 | 60.01 | 58.16 | 8,150.64 |
86 | 118.17 | 60.44 | 57.73 | 8,090.21 |
87 | 118.17 | 60.86 | 57.31 | 8,029.34 |
88 | 118.17 | 61.29 | 56.87 | 7,968.05 |
89 | 118.17 | 61.73 | 56.44 | 7,906.32 |
90 | 118.17 | 62.17 | 56.00 | 7,844.15 |
91 | 118.17 | 62.61 | 55.56 | 7,781.55 |
92 | 118.17 | 63.05 | 55.12 | 7,718.50 |
93 | 118.17 | 63.50 | 54.67 | 7,655.00 |
94 | 118.17 | 63.95 | 54.22 | 7,591.06 |
95 | 118.17 | 64.40 | 53.77 | 7,526.66 |
96 | 118.17 | 64.85 | 53.31 | 7,461.80 |
97 | 118.17 | 65.31 | 52.85 | 7,396.49 |
98 | 118.17 | 65.78 | 52.39 | 7,330.71 |
99 | 118.17 | 66.24 | 51.93 | 7,264.47 |
100 | 118.17 | 66.71 | 51.46 | 7,197.76 |
101 | 118.17 | 67.18 | 50.98 | 7,130.57 |
102 | 118.17 | 67.66 | 50.51 | 7,062.91 |
103 | 118.17 | 68.14 | 50.03 | 6,994.77 |
104 | 118.17 | 68.62 | 49.55 | 6,926.15 |
105 | 118.17 | 69.11 | 49.06 | 6,857.04 |
106 | 118.17 | 69.60 | 48.57 | 6,787.44 |
107 | 118.17 | 70.09 | 48.08 | 6,717.35 |
108 | 118.17 | 70.59 | 47.58 | 6,646.77 |
109 | 118.17 | 71.09 | 47.08 | 6,575.68 |
110 | 118.17 | 71.59 | 46.58 | 6,504.09 |
111 | 118.17 | 72.10 | 46.07 | 6,431.99 |
112 | 118.17 | 72.61 | 45.56 | 6,359.38 |
113 | 118.17 | 73.12 | 45.05 | 6,286.26 |
114 | 118.17 | 73.64 | 44.53 | 6,212.62 |
115 | 118.17 | 74.16 | 44.01 | 6,138.45 |
116 | 118.17 | 74.69 | 43.48 | 6,063.76 |
117 | 118.17 | 75.22 | 42.95 | 5,988.55 |
118 | 118.17 | 75.75 | 42.42 | 5,912.80 |
119 | 118.17 | 76.29 | 41.88 | 5,836.51 |
120 | 118.17 | 76.83 | 41.34 | 5,759.68 |
121 | 118.17 | 77.37 | 40.80 | 5,682.31 |
122 | 118.17 | 77.92 | 40.25 | 5,604.39 |
123 | 118.17 | 78.47 | 39.70 | 5,525.92 |
124 | 118.17 | 79.03 | 39.14 | 5,446.90 |
125 | 118.17 | 79.59 | 38.58 | 5,367.31 |
126 | 118.17 | 80.15 | 38.02 | 5,287.16 |
127 | 118.17 | 80.72 | 37.45 | 5,206.44 |
128 | 118.17 | 81.29 | 36.88 | 5,125.15 |
129 | 118.17 | 81.87 | 36.30 | 5,043.29 |
130 | 118.17 | 82.45 | 35.72 | 4,960.84 |
131 | 118.17 | 83.03 | 35.14 | 4,877.81 |
132 | 118.17 | 83.62 | 34.55 | 4,794.19 |
133 | 118.17 | 84.21 | 33.96 | 4,709.98 |
134 | 118.17 | 84.81 | 33.36 | 4,625.18 |
135 | 118.17 | 85.41 | 32.76 | 4,539.77 |
136 | 118.17 | 86.01 | 32.16 | 4,453.76 |
137 | 118.17 | 86.62 | 31.55 | 4,367.14 |
138 | 118.17 | 87.23 | 30.93 | 4,279.90 |
139 | 118.17 | 87.85 | 30.32 | 4,192.05 |
140 | 118.17 | 88.48 | 29.69 | 4,103.57 |
141 | 118.17 | 89.10 | 29.07 | 4,014.47 |
142 | 118.17 | 89.73 | 28.44 | 3,924.74 |
143 | 118.17 | 90.37 | 27.80 | 3,834.37 |
144 | 118.17 | 91.01 | 27.16 | 3,743.36 |
145 | 118.17 | 91.65 | 26.52 | 3,651.71 |
146 | 118.17 | 92.30 | 25.87 | 3,559.41 |
147 | 118.17 | 92.96 | 25.21 | 3,466.45 |
148 | 118.17 | 93.61 | 24.55 | 3,372.84 |
149 | 118.17 | 94.28 | 23.89 | 3,278.56 |
150 | 118.17 | 94.95 | 23.22 | 3,183.61 |
151 | 118.17 | 95.62 | 22.55 | 3,087.99 |
152 | 118.17 | 96.30 | 21.87 | 2,991.70 |
153 | 118.17 | 96.98 | 21.19 | 2,894.72 |
154 | 118.17 | 97.66 | 20.50 | 2,797.06 |
155 | 118.17 | 98.36 | 19.81 | 2,698.70 |
156 | 118.17 | 99.05 | 19.12 | 2,599.65 |
157 | 118.17 | 99.75 | 18.41 | 2,499.89 |
158 | 118.17 | 100.46 | 17.71 | 2,399.43 |
159 | 118.17 | 101.17 | 17.00 | 2,298.26 |
160 | 118.17 | 101.89 | 16.28 | 2,196.37 |
161 | 118.17 | 102.61 | 15.56 | 2,093.76 |
162 | 118.17 | 103.34 | 14.83 | 1,990.42 |
163 | 118.17 | 104.07 | 14.10 | 1,886.35 |
164 | 118.17 | 104.81 | 13.36 | 1,781.54 |
165 | 118.17 | 105.55 | 12.62 | 1,675.99 |
166 | 118.17 | 106.30 | 11.87 | 1,569.70 |
167 | 118.17 | 107.05 | 11.12 | 1,462.65 |
168 | 118.17 | 107.81 | 10.36 | 1,354.84 |
169 | 118.17 | 108.57 | 9.60 | 1,246.27 |
170 | 118.17 | 109.34 | 8.83 | 1,136.93 |
171 | 118.17 | 110.12 | 8.05 | 1,026.81 |
172 | 118.17 | 110.90 | 7.27 | 915.91 |
173 | 118.17 | 111.68 | 6.49 | 804.23 |
174 | 118.17 | 112.47 | 5.70 | 691.76 |
175 | 118.17 | 113.27 | 4.90 | 578.49 |
176 | 118.17 | 114.07 | 4.10 | 464.42 |
177 | 118.17 | 114.88 | 3.29 | 349.54 |
178 | 118.17 | 115.69 | 2.48 | 233.85 |
179 | 118.17 | 116.51 | 1.66 | 117.34 |
180 | 118.17 | 117.34 | 0.83 | 0.00 |