Mortgage Loan of $12,000 for 15 Years at 8.625%

What's the payment on a 15 year home loan for $12k at 8.625% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $119.05

$1,429 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 8.625 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	119.05	32.80	86.25	11,967.20
2	119.05	33.04	86.01	11,934.16
3	119.05	33.27	85.78	11,900.89
4	119.05	33.51	85.54	11,867.38
5	119.05	33.75	85.30	11,833.63
6	119.05	34.00	85.05	11,799.63
7	119.05	34.24	84.81	11,765.39
8	119.05	34.49	84.56	11,730.91
9	119.05	34.73	84.32	11,696.17
10	119.05	34.98	84.07	11,661.19
11	119.05	35.23	83.81	11,625.95
12	119.05	35.49	83.56	11,590.47
13	119.05	35.74	83.31	11,554.72
14	119.05	36.00	83.05	11,518.72
15	119.05	36.26	82.79	11,482.46
16	119.05	36.52	82.53	11,445.94
17	119.05	36.78	82.27	11,409.16
18	119.05	37.05	82.00	11,372.12
19	119.05	37.31	81.74	11,334.80
20	119.05	37.58	81.47	11,297.22
21	119.05	37.85	81.20	11,259.37
22	119.05	38.12	80.93	11,221.25
23	119.05	38.40	80.65	11,182.85
24	119.05	38.67	80.38	11,144.18
25	119.05	38.95	80.10	11,105.23
26	119.05	39.23	79.82	11,066.00
27	119.05	39.51	79.54	11,026.48
28	119.05	39.80	79.25	10,986.69
29	119.05	40.08	78.97	10,946.61
30	119.05	40.37	78.68	10,906.23
31	119.05	40.66	78.39	10,865.57
32	119.05	40.95	78.10	10,824.62
33	119.05	41.25	77.80	10,783.37
34	119.05	41.54	77.51	10,741.83
35	119.05	41.84	77.21	10,699.99
36	119.05	42.14	76.91	10,657.84
37	119.05	42.45	76.60	10,615.40
38	119.05	42.75	76.30	10,572.64
39	119.05	43.06	75.99	10,529.58
40	119.05	43.37	75.68	10,486.22
41	119.05	43.68	75.37	10,442.54
42	119.05	43.99	75.06	10,398.54
43	119.05	44.31	74.74	10,354.23
44	119.05	44.63	74.42	10,309.60
45	119.05	44.95	74.10	10,264.65
46	119.05	45.27	73.78	10,219.38
47	119.05	45.60	73.45	10,173.78
48	119.05	45.93	73.12	10,127.86
49	119.05	46.26	72.79	10,081.60
50	119.05	46.59	72.46	10,035.02
51	119.05	46.92	72.13	9,988.09
52	119.05	47.26	71.79	9,940.83
53	119.05	47.60	71.45	9,893.23
54	119.05	47.94	71.11	9,845.29
55	119.05	48.29	70.76	9,797.00
56	119.05	48.63	70.42	9,748.37
57	119.05	48.98	70.07	9,699.39
58	119.05	49.34	69.71	9,650.05
59	119.05	49.69	69.36	9,600.36
60	119.05	50.05	69.00	9,550.31
61	119.05	50.41	68.64	9,499.91
62	119.05	50.77	68.28	9,449.14
63	119.05	51.13	67.92	9,398.00
64	119.05	51.50	67.55	9,346.50
65	119.05	51.87	67.18	9,294.63
66	119.05	52.24	66.81	9,242.39
67	119.05	52.62	66.43	9,189.77
68	119.05	53.00	66.05	9,136.77
69	119.05	53.38	65.67	9,083.39
70	119.05	53.76	65.29	9,029.63
71	119.05	54.15	64.90	8,975.48
72	119.05	54.54	64.51	8,920.94
73	119.05	54.93	64.12	8,866.01
74	119.05	55.33	63.72	8,810.68
75	119.05	55.72	63.33	8,754.96
76	119.05	56.12	62.93	8,698.84
77	119.05	56.53	62.52	8,642.31
78	119.05	56.93	62.12	8,585.38
79	119.05	57.34	61.71	8,528.03
80	119.05	57.75	61.30	8,470.28
81	119.05	58.17	60.88	8,412.11
82	119.05	58.59	60.46	8,353.52
83	119.05	59.01	60.04	8,294.51
84	119.05	59.43	59.62	8,235.08
85	119.05	59.86	59.19	8,175.22
86	119.05	60.29	58.76	8,114.93
87	119.05	60.72	58.33	8,054.21
88	119.05	61.16	57.89	7,993.05
89	119.05	61.60	57.45	7,931.45
90	119.05	62.04	57.01	7,869.41
91	119.05	62.49	56.56	7,806.92
92	119.05	62.94	56.11	7,743.98
93	119.05	63.39	55.66	7,680.59
94	119.05	63.85	55.20	7,616.75
95	119.05	64.30	54.75	7,552.44
96	119.05	64.77	54.28	7,487.67
97	119.05	65.23	53.82	7,422.44
98	119.05	65.70	53.35	7,356.74
99	119.05	66.17	52.88	7,290.57
100	119.05	66.65	52.40	7,223.92
101	119.05	67.13	51.92	7,156.79
102	119.05	67.61	51.44	7,089.18
103	119.05	68.10	50.95	7,021.09
104	119.05	68.59	50.46	6,952.50
105	119.05	69.08	49.97	6,883.42
106	119.05	69.58	49.47	6,813.85
107	119.05	70.08	48.97	6,743.77
108	119.05	70.58	48.47	6,673.19
109	119.05	71.09	47.96	6,602.11
110	119.05	71.60	47.45	6,530.51
111	119.05	72.11	46.94	6,458.40
112	119.05	72.63	46.42	6,385.77
113	119.05	73.15	45.90	6,312.62
114	119.05	73.68	45.37	6,238.94
115	119.05	74.21	44.84	6,164.73
116	119.05	74.74	44.31	6,089.99
117	119.05	75.28	43.77	6,014.71
118	119.05	75.82	43.23	5,938.89
119	119.05	76.36	42.69	5,862.53
120	119.05	76.91	42.14	5,785.62
121	119.05	77.47	41.58	5,708.15
122	119.05	78.02	41.03	5,630.13
123	119.05	78.58	40.47	5,551.55
124	119.05	79.15	39.90	5,472.40
125	119.05	79.72	39.33	5,392.68
126	119.05	80.29	38.76	5,312.39
127	119.05	80.87	38.18	5,231.52
128	119.05	81.45	37.60	5,150.08
129	119.05	82.03	37.02	5,068.04
130	119.05	82.62	36.43	4,985.42
131	119.05	83.22	35.83	4,902.20
132	119.05	83.82	35.23	4,818.39
133	119.05	84.42	34.63	4,733.97
134	119.05	85.02	34.03	4,648.95
135	119.05	85.64	33.41	4,563.31
136	119.05	86.25	32.80	4,477.06
137	119.05	86.87	32.18	4,390.19
138	119.05	87.50	31.55	4,302.69
139	119.05	88.12	30.93	4,214.57
140	119.05	88.76	30.29	4,125.81
141	119.05	89.40	29.65	4,036.42
142	119.05	90.04	29.01	3,946.38
143	119.05	90.69	28.36	3,855.69
144	119.05	91.34	27.71	3,764.36
145	119.05	91.99	27.06	3,672.36
146	119.05	92.65	26.40	3,579.71
147	119.05	93.32	25.73	3,486.39
148	119.05	93.99	25.06	3,392.40
149	119.05	94.67	24.38	3,297.73
150	119.05	95.35	23.70	3,202.38
151	119.05	96.03	23.02	3,106.35
152	119.05	96.72	22.33	3,009.63
153	119.05	97.42	21.63	2,912.21
154	119.05	98.12	20.93	2,814.09
155	119.05	98.82	20.23	2,715.27
156	119.05	99.53	19.52	2,615.74
157	119.05	100.25	18.80	2,515.49
158	119.05	100.97	18.08	2,414.52
159	119.05	101.70	17.35	2,312.82
160	119.05	102.43	16.62	2,210.40
161	119.05	103.16	15.89	2,107.23
162	119.05	103.90	15.15	2,003.33
163	119.05	104.65	14.40	1,898.68
164	119.05	105.40	13.65	1,793.28
165	119.05	106.16	12.89	1,687.11
166	119.05	106.92	12.13	1,580.19
167	119.05	107.69	11.36	1,472.50
168	119.05	108.47	10.58	1,364.03
169	119.05	109.25	9.80	1,254.79
170	119.05	110.03	9.02	1,144.76
171	119.05	110.82	8.23	1,033.94
172	119.05	111.62	7.43	922.32
173	119.05	112.42	6.63	809.90
174	119.05	113.23	5.82	696.67
175	119.05	114.04	5.01	582.63
176	119.05	114.86	4.19	467.76
177	119.05	115.69	3.36	352.08
178	119.05	116.52	2.53	235.56
179	119.05	117.36	1.69	118.20
180	119.05	118.20	0.85	0.00