Mortgage Loan of $12,000 for 15 Years at 8.75%
What's the payment on a 15 year home loan for $12k at 8.75% interest?
Results
Monthly payment: $119.93
$1,439 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 8.75 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 | 119.93 | 32.43 | 87.50 | 11,967.57 |
2 | 119.93 | 32.67 | 87.26 | 11,934.90 |
3 | 119.93 | 32.91 | 87.03 | 11,901.99 |
4 | 119.93 | 33.15 | 86.79 | 11,868.84 |
5 | 119.93 | 33.39 | 86.54 | 11,835.45 |
6 | 119.93 | 33.63 | 86.30 | 11,801.81 |
7 | 119.93 | 33.88 | 86.05 | 11,767.94 |
8 | 119.93 | 34.13 | 85.81 | 11,733.81 |
9 | 119.93 | 34.37 | 85.56 | 11,699.44 |
10 | 119.93 | 34.63 | 85.31 | 11,664.81 |
11 | 119.93 | 34.88 | 85.06 | 11,629.93 |
12 | 119.93 | 35.13 | 84.80 | 11,594.80 |
13 | 119.93 | 35.39 | 84.55 | 11,559.41 |
14 | 119.93 | 35.65 | 84.29 | 11,523.76 |
15 | 119.93 | 35.91 | 84.03 | 11,487.86 |
16 | 119.93 | 36.17 | 83.77 | 11,451.69 |
17 | 119.93 | 36.43 | 83.50 | 11,415.26 |
18 | 119.93 | 36.70 | 83.24 | 11,378.56 |
19 | 119.93 | 36.97 | 82.97 | 11,341.60 |
20 | 119.93 | 37.23 | 82.70 | 11,304.36 |
21 | 119.93 | 37.51 | 82.43 | 11,266.85 |
22 | 119.93 | 37.78 | 82.15 | 11,229.07 |
23 | 119.93 | 38.06 | 81.88 | 11,191.02 |
24 | 119.93 | 38.33 | 81.60 | 11,152.69 |
25 | 119.93 | 38.61 | 81.32 | 11,114.07 |
26 | 119.93 | 38.89 | 81.04 | 11,075.18 |
27 | 119.93 | 39.18 | 80.76 | 11,036.00 |
28 | 119.93 | 39.46 | 80.47 | 10,996.54 |
29 | 119.93 | 39.75 | 80.18 | 10,956.79 |
30 | 119.93 | 40.04 | 79.89 | 10,916.75 |
31 | 119.93 | 40.33 | 79.60 | 10,876.42 |
32 | 119.93 | 40.63 | 79.31 | 10,835.79 |
33 | 119.93 | 40.92 | 79.01 | 10,794.87 |
34 | 119.93 | 41.22 | 78.71 | 10,753.65 |
35 | 119.93 | 41.52 | 78.41 | 10,712.12 |
36 | 119.93 | 41.82 | 78.11 | 10,670.30 |
37 | 119.93 | 42.13 | 77.80 | 10,628.17 |
38 | 119.93 | 42.44 | 77.50 | 10,585.73 |
39 | 119.93 | 42.75 | 77.19 | 10,542.99 |
40 | 119.93 | 43.06 | 76.88 | 10,499.93 |
41 | 119.93 | 43.37 | 76.56 | 10,456.56 |
42 | 119.93 | 43.69 | 76.25 | 10,412.87 |
43 | 119.93 | 44.01 | 75.93 | 10,368.86 |
44 | 119.93 | 44.33 | 75.61 | 10,324.54 |
45 | 119.93 | 44.65 | 75.28 | 10,279.88 |
46 | 119.93 | 44.98 | 74.96 | 10,234.91 |
47 | 119.93 | 45.30 | 74.63 | 10,189.60 |
48 | 119.93 | 45.63 | 74.30 | 10,143.97 |
49 | 119.93 | 45.97 | 73.97 | 10,098.00 |
50 | 119.93 | 46.30 | 73.63 | 10,051.70 |
51 | 119.93 | 46.64 | 73.29 | 10,005.06 |
52 | 119.93 | 46.98 | 72.95 | 9,958.08 |
53 | 119.93 | 47.32 | 72.61 | 9,910.76 |
54 | 119.93 | 47.67 | 72.27 | 9,863.09 |
55 | 119.93 | 48.02 | 71.92 | 9,815.07 |
56 | 119.93 | 48.37 | 71.57 | 9,766.71 |
57 | 119.93 | 48.72 | 71.22 | 9,717.99 |
58 | 119.93 | 49.07 | 70.86 | 9,668.91 |
59 | 119.93 | 49.43 | 70.50 | 9,619.48 |
60 | 119.93 | 49.79 | 70.14 | 9,569.69 |
61 | 119.93 | 50.15 | 69.78 | 9,519.54 |
62 | 119.93 | 50.52 | 69.41 | 9,469.02 |
63 | 119.93 | 50.89 | 69.04 | 9,418.13 |
64 | 119.93 | 51.26 | 68.67 | 9,366.87 |
65 | 119.93 | 51.63 | 68.30 | 9,315.23 |
66 | 119.93 | 52.01 | 67.92 | 9,263.22 |
67 | 119.93 | 52.39 | 67.54 | 9,210.83 |
68 | 119.93 | 52.77 | 67.16 | 9,158.06 |
69 | 119.93 | 53.16 | 66.78 | 9,104.91 |
70 | 119.93 | 53.54 | 66.39 | 9,051.36 |
71 | 119.93 | 53.93 | 66.00 | 8,997.43 |
72 | 119.93 | 54.33 | 65.61 | 8,943.10 |
73 | 119.93 | 54.72 | 65.21 | 8,888.38 |
74 | 119.93 | 55.12 | 64.81 | 8,833.25 |
75 | 119.93 | 55.52 | 64.41 | 8,777.73 |
76 | 119.93 | 55.93 | 64.00 | 8,721.80 |
77 | 119.93 | 56.34 | 63.60 | 8,665.46 |
78 | 119.93 | 56.75 | 63.19 | 8,608.71 |
79 | 119.93 | 57.16 | 62.77 | 8,551.55 |
80 | 119.93 | 57.58 | 62.36 | 8,493.97 |
81 | 119.93 | 58.00 | 61.94 | 8,435.97 |
82 | 119.93 | 58.42 | 61.51 | 8,377.55 |
83 | 119.93 | 58.85 | 61.09 | 8,318.71 |
84 | 119.93 | 59.28 | 60.66 | 8,259.43 |
85 | 119.93 | 59.71 | 60.23 | 8,199.72 |
86 | 119.93 | 60.14 | 59.79 | 8,139.58 |
87 | 119.93 | 60.58 | 59.35 | 8,078.99 |
88 | 119.93 | 61.02 | 58.91 | 8,017.97 |
89 | 119.93 | 61.47 | 58.46 | 7,956.50 |
90 | 119.93 | 61.92 | 58.02 | 7,894.58 |
91 | 119.93 | 62.37 | 57.56 | 7,832.21 |
92 | 119.93 | 62.82 | 57.11 | 7,769.39 |
93 | 119.93 | 63.28 | 56.65 | 7,706.11 |
94 | 119.93 | 63.74 | 56.19 | 7,642.36 |
95 | 119.93 | 64.21 | 55.73 | 7,578.15 |
96 | 119.93 | 64.68 | 55.26 | 7,513.48 |
97 | 119.93 | 65.15 | 54.79 | 7,448.33 |
98 | 119.93 | 65.62 | 54.31 | 7,382.71 |
99 | 119.93 | 66.10 | 53.83 | 7,316.61 |
100 | 119.93 | 66.58 | 53.35 | 7,250.02 |
101 | 119.93 | 67.07 | 52.86 | 7,182.95 |
102 | 119.93 | 67.56 | 52.38 | 7,115.39 |
103 | 119.93 | 68.05 | 51.88 | 7,047.34 |
104 | 119.93 | 68.55 | 51.39 | 6,978.80 |
105 | 119.93 | 69.05 | 50.89 | 6,909.75 |
106 | 119.93 | 69.55 | 50.38 | 6,840.20 |
107 | 119.93 | 70.06 | 49.88 | 6,770.14 |
108 | 119.93 | 70.57 | 49.37 | 6,699.57 |
109 | 119.93 | 71.08 | 48.85 | 6,628.49 |
110 | 119.93 | 71.60 | 48.33 | 6,556.89 |
111 | 119.93 | 72.12 | 47.81 | 6,484.77 |
112 | 119.93 | 72.65 | 47.28 | 6,412.12 |
113 | 119.93 | 73.18 | 46.76 | 6,338.94 |
114 | 119.93 | 73.71 | 46.22 | 6,265.23 |
115 | 119.93 | 74.25 | 45.68 | 6,190.98 |
116 | 119.93 | 74.79 | 45.14 | 6,116.19 |
117 | 119.93 | 75.34 | 44.60 | 6,040.85 |
118 | 119.93 | 75.89 | 44.05 | 5,964.96 |
119 | 119.93 | 76.44 | 43.49 | 5,888.52 |
120 | 119.93 | 77.00 | 42.94 | 5,811.53 |
121 | 119.93 | 77.56 | 42.38 | 5,733.97 |
122 | 119.93 | 78.12 | 41.81 | 5,655.85 |
123 | 119.93 | 78.69 | 41.24 | 5,577.15 |
124 | 119.93 | 79.27 | 40.67 | 5,497.88 |
125 | 119.93 | 79.85 | 40.09 | 5,418.04 |
126 | 119.93 | 80.43 | 39.51 | 5,337.61 |
127 | 119.93 | 81.01 | 38.92 | 5,256.60 |
128 | 119.93 | 81.60 | 38.33 | 5,174.99 |
129 | 119.93 | 82.20 | 37.73 | 5,092.79 |
130 | 119.93 | 82.80 | 37.13 | 5,010.00 |
131 | 119.93 | 83.40 | 36.53 | 4,926.59 |
132 | 119.93 | 84.01 | 35.92 | 4,842.58 |
133 | 119.93 | 84.62 | 35.31 | 4,757.96 |
134 | 119.93 | 85.24 | 34.69 | 4,672.72 |
135 | 119.93 | 85.86 | 34.07 | 4,586.86 |
136 | 119.93 | 86.49 | 33.45 | 4,500.37 |
137 | 119.93 | 87.12 | 32.82 | 4,413.25 |
138 | 119.93 | 87.75 | 32.18 | 4,325.50 |
139 | 119.93 | 88.39 | 31.54 | 4,237.10 |
140 | 119.93 | 89.04 | 30.90 | 4,148.06 |
141 | 119.93 | 89.69 | 30.25 | 4,058.38 |
142 | 119.93 | 90.34 | 29.59 | 3,968.04 |
143 | 119.93 | 91.00 | 28.93 | 3,877.04 |
144 | 119.93 | 91.66 | 28.27 | 3,785.37 |
145 | 119.93 | 92.33 | 27.60 | 3,693.04 |
146 | 119.93 | 93.01 | 26.93 | 3,600.03 |
147 | 119.93 | 93.68 | 26.25 | 3,506.35 |
148 | 119.93 | 94.37 | 25.57 | 3,411.98 |
149 | 119.93 | 95.05 | 24.88 | 3,316.93 |
150 | 119.93 | 95.75 | 24.19 | 3,221.18 |
151 | 119.93 | 96.45 | 23.49 | 3,124.73 |
152 | 119.93 | 97.15 | 22.78 | 3,027.59 |
153 | 119.93 | 97.86 | 22.08 | 2,929.73 |
154 | 119.93 | 98.57 | 21.36 | 2,831.16 |
155 | 119.93 | 99.29 | 20.64 | 2,731.87 |
156 | 119.93 | 100.01 | 19.92 | 2,631.85 |
157 | 119.93 | 100.74 | 19.19 | 2,531.11 |
158 | 119.93 | 101.48 | 18.46 | 2,429.63 |
159 | 119.93 | 102.22 | 17.72 | 2,327.41 |
160 | 119.93 | 102.96 | 16.97 | 2,224.45 |
161 | 119.93 | 103.71 | 16.22 | 2,120.74 |
162 | 119.93 | 104.47 | 15.46 | 2,016.27 |
163 | 119.93 | 105.23 | 14.70 | 1,911.03 |
164 | 119.93 | 106.00 | 13.93 | 1,805.04 |
165 | 119.93 | 106.77 | 13.16 | 1,698.26 |
166 | 119.93 | 107.55 | 12.38 | 1,590.71 |
167 | 119.93 | 108.33 | 11.60 | 1,482.38 |
168 | 119.93 | 109.12 | 10.81 | 1,373.25 |
169 | 119.93 | 109.92 | 10.01 | 1,263.33 |
170 | 119.93 | 110.72 | 9.21 | 1,152.61 |
171 | 119.93 | 111.53 | 8.40 | 1,041.08 |
172 | 119.93 | 112.34 | 7.59 | 928.74 |
173 | 119.93 | 113.16 | 6.77 | 815.58 |
174 | 119.93 | 113.99 | 5.95 | 701.59 |
175 | 119.93 | 114.82 | 5.12 | 586.77 |
176 | 119.93 | 115.66 | 4.28 | 471.12 |
177 | 119.93 | 116.50 | 3.44 | 354.62 |
178 | 119.93 | 117.35 | 2.59 | 237.27 |
179 | 119.93 | 118.20 | 1.73 | 119.07 |
180 | 119.93 | 119.07 | 0.87 | 0.00 |