Mortgage Loan of $121,000 for 15 Years at 8.85%

What's the payment on a 15 year home loan for $121k at 8.85% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $1,216.49
$14,598 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $121k 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 121,000 loan for 15 years at 8.85 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 1,216.49 324.11 892.38 120,675.89
2 1,216.49 326.50 889.98 120,349.38
3 1,216.49 328.91 887.58 120,020.47
4 1,216.49 331.34 885.15 119,689.13
5 1,216.49 333.78 882.71 119,355.35
6 1,216.49 336.24 880.25 119,019.11
7 1,216.49 338.72 877.77 118,680.38
8 1,216.49 341.22 875.27 118,339.16
9 1,216.49 343.74 872.75 117,995.42
10 1,216.49 346.27 870.22 117,649.15
11 1,216.49 348.83 867.66 117,300.32
12 1,216.49 351.40 865.09 116,948.93
13 1,216.49 353.99 862.50 116,594.94
14 1,216.49 356.60 859.89 116,238.33
15 1,216.49 359.23 857.26 115,879.10
16 1,216.49 361.88 854.61 115,517.22
17 1,216.49 364.55 851.94 115,152.67
18 1,216.49 367.24 849.25 114,785.43
19 1,216.49 369.95 846.54 114,415.49
20 1,216.49 372.67 843.81 114,042.81
21 1,216.49 375.42 841.07 113,667.39
22 1,216.49 378.19 838.30 113,289.20
23 1,216.49 380.98 835.51 112,908.22
24 1,216.49 383.79 832.70 112,524.43
25 1,216.49 386.62 829.87 112,137.80
26 1,216.49 389.47 827.02 111,748.33
27 1,216.49 392.35 824.14 111,355.99
28 1,216.49 395.24 821.25 110,960.75
29 1,216.49 398.15 818.34 110,562.59
30 1,216.49 401.09 815.40 110,161.50
31 1,216.49 404.05 812.44 109,757.46
32 1,216.49 407.03 809.46 109,350.43
33 1,216.49 410.03 806.46 108,940.40
34 1,216.49 413.05 803.44 108,527.35
35 1,216.49 416.10 800.39 108,111.25
36 1,216.49 419.17 797.32 107,692.08
37 1,216.49 422.26 794.23 107,269.82
38 1,216.49 425.37 791.11 106,844.44
39 1,216.49 428.51 787.98 106,415.93
40 1,216.49 431.67 784.82 105,984.26
41 1,216.49 434.86 781.63 105,549.41
42 1,216.49 438.06 778.43 105,111.34
43 1,216.49 441.29 775.20 104,670.05
44 1,216.49 444.55 771.94 104,225.50
45 1,216.49 447.83 768.66 103,777.68
46 1,216.49 451.13 765.36 103,326.55
47 1,216.49 454.46 762.03 102,872.09
48 1,216.49 457.81 758.68 102,414.29
49 1,216.49 461.18 755.31 101,953.10
50 1,216.49 464.58 751.90 101,488.52
51 1,216.49 468.01 748.48 101,020.51
52 1,216.49 471.46 745.03 100,549.04
53 1,216.49 474.94 741.55 100,074.10
54 1,216.49 478.44 738.05 99,595.66
55 1,216.49 481.97 734.52 99,113.69
56 1,216.49 485.53 730.96 98,628.16
57 1,216.49 489.11 727.38 98,139.06
58 1,216.49 492.71 723.78 97,646.34
59 1,216.49 496.35 720.14 97,150.00
60 1,216.49 500.01 716.48 96,649.99
61 1,216.49 503.70 712.79 96,146.29
62 1,216.49 507.41 709.08 95,638.88
63 1,216.49 511.15 705.34 95,127.73
64 1,216.49 514.92 701.57 94,612.81
65 1,216.49 518.72 697.77 94,094.09
66 1,216.49 522.55 693.94 93,571.54
67 1,216.49 526.40 690.09 93,045.15
68 1,216.49 530.28 686.21 92,514.86
69 1,216.49 534.19 682.30 91,980.67
70 1,216.49 538.13 678.36 91,442.54
71 1,216.49 542.10 674.39 90,900.44
72 1,216.49 546.10 670.39 90,354.34
73 1,216.49 550.13 666.36 89,804.22
74 1,216.49 554.18 662.31 89,250.03
75 1,216.49 558.27 658.22 88,691.76
76 1,216.49 562.39 654.10 88,129.38
77 1,216.49 566.53 649.95 87,562.84
78 1,216.49 570.71 645.78 86,992.13
79 1,216.49 574.92 641.57 86,417.21
80 1,216.49 579.16 637.33 85,838.04
81 1,216.49 583.43 633.06 85,254.61
82 1,216.49 587.74 628.75 84,666.88
83 1,216.49 592.07 624.42 84,074.80
84 1,216.49 596.44 620.05 83,478.37
85 1,216.49 600.84 615.65 82,877.53
86 1,216.49 605.27 611.22 82,272.26
87 1,216.49 609.73 606.76 81,662.53
88 1,216.49 614.23 602.26 81,048.30
89 1,216.49 618.76 597.73 80,429.55
90 1,216.49 623.32 593.17 79,806.23
91 1,216.49 627.92 588.57 79,178.31
92 1,216.49 632.55 583.94 78,545.76
93 1,216.49 637.21 579.27 77,908.54
94 1,216.49 641.91 574.58 77,266.63
95 1,216.49 646.65 569.84 76,619.98
96 1,216.49 651.42 565.07 75,968.57
97 1,216.49 656.22 560.27 75,312.35
98 1,216.49 661.06 555.43 74,651.29
99 1,216.49 665.94 550.55 73,985.35
100 1,216.49 670.85 545.64 73,314.50
101 1,216.49 675.79 540.69 72,638.71
102 1,216.49 680.78 535.71 71,957.93
103 1,216.49 685.80 530.69 71,272.13
104 1,216.49 690.86 525.63 70,581.27
105 1,216.49 695.95 520.54 69,885.32
106 1,216.49 701.08 515.40 69,184.24
107 1,216.49 706.26 510.23 68,477.98
108 1,216.49 711.46 505.03 67,766.52
109 1,216.49 716.71 499.78 67,049.81
110 1,216.49 722.00 494.49 66,327.81
111 1,216.49 727.32 489.17 65,600.49
112 1,216.49 732.69 483.80 64,867.80
113 1,216.49 738.09 478.40 64,129.71
114 1,216.49 743.53 472.96 63,386.18
115 1,216.49 749.02 467.47 62,637.17
116 1,216.49 754.54 461.95 61,882.63
117 1,216.49 760.10 456.38 61,122.52
118 1,216.49 765.71 450.78 60,356.81
119 1,216.49 771.36 445.13 59,585.45
120 1,216.49 777.05 439.44 58,808.41
121 1,216.49 782.78 433.71 58,025.63
122 1,216.49 788.55 427.94 57,237.08
123 1,216.49 794.37 422.12 56,442.71
124 1,216.49 800.22 416.27 55,642.49
125 1,216.49 806.13 410.36 54,836.36
126 1,216.49 812.07 404.42 54,024.29
127 1,216.49 818.06 398.43 53,206.23
128 1,216.49 824.09 392.40 52,382.14
129 1,216.49 830.17 386.32 51,551.97
130 1,216.49 836.29 380.20 50,715.68
131 1,216.49 842.46 374.03 49,873.22
132 1,216.49 848.67 367.81 49,024.54
133 1,216.49 854.93 361.56 48,169.61
134 1,216.49 861.24 355.25 47,308.37
135 1,216.49 867.59 348.90 46,440.78
136 1,216.49 873.99 342.50 45,566.79
137 1,216.49 880.43 336.06 44,686.36
138 1,216.49 886.93 329.56 43,799.43
139 1,216.49 893.47 323.02 42,905.96
140 1,216.49 900.06 316.43 42,005.91
141 1,216.49 906.70 309.79 41,099.21
142 1,216.49 913.38 303.11 40,185.83
143 1,216.49 920.12 296.37 39,265.71
144 1,216.49 926.90 289.58 38,338.81
145 1,216.49 933.74 282.75 37,405.06
146 1,216.49 940.63 275.86 36,464.44
147 1,216.49 947.56 268.93 35,516.87
148 1,216.49 954.55 261.94 34,562.32
149 1,216.49 961.59 254.90 33,600.73
150 1,216.49 968.68 247.81 32,632.05
151 1,216.49 975.83 240.66 31,656.22
152 1,216.49 983.02 233.46 30,673.19
153 1,216.49 990.27 226.21 29,682.92
154 1,216.49 997.58 218.91 28,685.34
155 1,216.49 1,004.93 211.55 27,680.41
156 1,216.49 1,012.35 204.14 26,668.06
157 1,216.49 1,019.81 196.68 25,648.25
158 1,216.49 1,027.33 189.16 24,620.92
159 1,216.49 1,034.91 181.58 23,586.01
160 1,216.49 1,042.54 173.95 22,543.47
161 1,216.49 1,050.23 166.26 21,493.23
162 1,216.49 1,057.98 158.51 20,435.26
163 1,216.49 1,065.78 150.71 19,369.48
164 1,216.49 1,073.64 142.85 18,295.84
165 1,216.49 1,081.56 134.93 17,214.28
166 1,216.49 1,089.53 126.96 16,124.75
167 1,216.49 1,097.57 118.92 15,027.18
168 1,216.49 1,105.66 110.83 13,921.52
169 1,216.49 1,113.82 102.67 12,807.70
170 1,216.49 1,122.03 94.46 11,685.67
171 1,216.49 1,130.31 86.18 10,555.36
172 1,216.49 1,138.64 77.85 9,416.72
173 1,216.49 1,147.04 69.45 8,269.68
174 1,216.49 1,155.50 60.99 7,114.18
175 1,216.49 1,164.02 52.47 5,950.15
176 1,216.49 1,172.61 43.88 4,777.55
177 1,216.49 1,181.25 35.23 3,596.29
178 1,216.49 1,189.97 26.52 2,406.33
179 1,216.49 1,198.74 17.75 1,207.58
180 1,216.49 1,207.58 8.91 0.00