Mortgage Loan of $128,000 for 15 Years at 8.875%

What's the payment on a 15 year home loan for $128k at 8.875% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $1,288.76

$15,465 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $128k 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 128,000 loan for 15 years at 8.875 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	1,288.76	342.09	946.67	127,657.91
2	1,288.76	344.62	944.14	127,313.28
3	1,288.76	347.17	941.59	126,966.11
4	1,288.76	349.74	939.02	126,616.37
5	1,288.76	352.33	936.43	126,264.04
6	1,288.76	354.93	933.83	125,909.11
7	1,288.76	357.56	931.20	125,551.55
8	1,288.76	360.20	928.56	125,191.35
9	1,288.76	362.87	925.89	124,828.48
10	1,288.76	365.55	923.21	124,462.93
11	1,288.76	368.25	920.51	124,094.68
12	1,288.76	370.98	917.78	123,723.70
13	1,288.76	373.72	915.04	123,349.98
14	1,288.76	376.48	912.28	122,973.50
15	1,288.76	379.27	909.49	122,594.23
16	1,288.76	382.07	906.69	122,212.16
17	1,288.76	384.90	903.86	121,827.26
18	1,288.76	387.75	901.01	121,439.51
19	1,288.76	390.61	898.15	121,048.90
20	1,288.76	393.50	895.26	120,655.39
21	1,288.76	396.41	892.35	120,258.98
22	1,288.76	399.35	889.42	119,859.64
23	1,288.76	402.30	886.46	119,457.34
24	1,288.76	405.27	883.49	119,052.06
25	1,288.76	408.27	880.49	118,643.79
26	1,288.76	411.29	877.47	118,232.50
27	1,288.76	414.33	874.43	117,818.17
28	1,288.76	417.40	871.36	117,400.77
29	1,288.76	420.48	868.28	116,980.29
30	1,288.76	423.59	865.17	116,556.69
31	1,288.76	426.73	862.03	116,129.97
32	1,288.76	429.88	858.88	115,700.08
33	1,288.76	433.06	855.70	115,267.02
34	1,288.76	436.26	852.50	114,830.76
35	1,288.76	439.49	849.27	114,391.27
36	1,288.76	442.74	846.02	113,948.53
37	1,288.76	446.02	842.74	113,502.51
38	1,288.76	449.31	839.45	113,053.19
39	1,288.76	452.64	836.12	112,600.56
40	1,288.76	455.99	832.77	112,144.57
41	1,288.76	459.36	829.40	111,685.21
42	1,288.76	462.76	826.01	111,222.46
43	1,288.76	466.18	822.58	110,756.28
44	1,288.76	469.63	819.13	110,286.66
45	1,288.76	473.10	815.66	109,813.56
46	1,288.76	476.60	812.16	109,336.96
47	1,288.76	480.12	808.64	108,856.84
48	1,288.76	483.67	805.09	108,373.16
49	1,288.76	487.25	801.51	107,885.91
50	1,288.76	490.85	797.91	107,395.06
51	1,288.76	494.48	794.28	106,900.57
52	1,288.76	498.14	790.62	106,402.43
53	1,288.76	501.83	786.93	105,900.61
54	1,288.76	505.54	783.22	105,395.07
55	1,288.76	509.28	779.48	104,885.79
56	1,288.76	513.04	775.72	104,372.75
57	1,288.76	516.84	771.92	103,855.91
58	1,288.76	520.66	768.10	103,335.25
59	1,288.76	524.51	764.25	102,810.74
60	1,288.76	528.39	760.37	102,282.35
61	1,288.76	532.30	756.46	101,750.06
62	1,288.76	536.23	752.53	101,213.82
63	1,288.76	540.20	748.56	100,673.62
64	1,288.76	544.20	744.57	100,129.43
65	1,288.76	548.22	740.54	99,581.21
66	1,288.76	552.27	736.49	99,028.93
67	1,288.76	556.36	732.40	98,472.58
68	1,288.76	560.47	728.29	97,912.10
69	1,288.76	564.62	724.14	97,347.48
70	1,288.76	568.79	719.97	96,778.69
71	1,288.76	573.00	715.76	96,205.69
72	1,288.76	577.24	711.52	95,628.45
73	1,288.76	581.51	707.25	95,046.94
74	1,288.76	585.81	702.95	94,461.13
75	1,288.76	590.14	698.62	93,870.99
76	1,288.76	594.51	694.25	93,276.48
77	1,288.76	598.90	689.86	92,677.58
78	1,288.76	603.33	685.43	92,074.25
79	1,288.76	607.79	680.97	91,466.45
80	1,288.76	612.29	676.47	90,854.16
81	1,288.76	616.82	671.94	90,237.34
82	1,288.76	621.38	667.38	89,615.96
83	1,288.76	625.98	662.78	88,989.99
84	1,288.76	630.61	658.16	88,359.38
85	1,288.76	635.27	653.49	87,724.11
86	1,288.76	639.97	648.79	87,084.15
87	1,288.76	644.70	644.06	86,439.45
88	1,288.76	649.47	639.29	85,789.98
89	1,288.76	654.27	634.49	85,135.71
90	1,288.76	659.11	629.65	84,476.59
91	1,288.76	663.99	624.77	83,812.61
92	1,288.76	668.90	619.86	83,143.71
93	1,288.76	673.84	614.92	82,469.87
94	1,288.76	678.83	609.93	81,791.04
95	1,288.76	683.85	604.91	81,107.19
96	1,288.76	688.91	599.86	80,418.29
97	1,288.76	694.00	594.76	79,724.29
98	1,288.76	699.13	589.63	79,025.16
99	1,288.76	704.30	584.46	78,320.85
100	1,288.76	709.51	579.25	77,611.34
101	1,288.76	714.76	574.00	76,896.58
102	1,288.76	720.05	568.71	76,176.53
103	1,288.76	725.37	563.39	75,451.16
104	1,288.76	730.74	558.02	74,720.43
105	1,288.76	736.14	552.62	73,984.29
106	1,288.76	741.58	547.18	73,242.70
107	1,288.76	747.07	541.69	72,495.63
108	1,288.76	752.59	536.17	71,743.04
109	1,288.76	758.16	530.60	70,984.88
110	1,288.76	763.77	524.99	70,221.11
111	1,288.76	769.42	519.34	69,451.69
112	1,288.76	775.11	513.65	68,676.58
113	1,288.76	780.84	507.92	67,895.74
114	1,288.76	786.61	502.15	67,109.13
115	1,288.76	792.43	496.33	66,316.70
116	1,288.76	798.29	490.47	65,518.40
117	1,288.76	804.20	484.56	64,714.21
118	1,288.76	810.14	478.62	63,904.06
119	1,288.76	816.14	472.62	63,087.92
120	1,288.76	822.17	466.59	62,265.75
121	1,288.76	828.25	460.51	61,437.50
122	1,288.76	834.38	454.38	60,603.12
123	1,288.76	840.55	448.21	59,762.57
124	1,288.76	846.77	441.99	58,915.80
125	1,288.76	853.03	435.73	58,062.77
126	1,288.76	859.34	429.42	57,203.44
127	1,288.76	865.69	423.07	56,337.74
128	1,288.76	872.10	416.66	55,465.65
129	1,288.76	878.55	410.21	54,587.10
130	1,288.76	885.04	403.72	53,702.06
131	1,288.76	891.59	397.17	52,810.47
132	1,288.76	898.18	390.58	51,912.29
133	1,288.76	904.83	383.93	51,007.46
134	1,288.76	911.52	377.24	50,095.94
135	1,288.76	918.26	370.50	49,177.68
136	1,288.76	925.05	363.71	48,252.63
137	1,288.76	931.89	356.87	47,320.74
138	1,288.76	938.78	349.98	46,381.96
139	1,288.76	945.73	343.03	45,436.23
140	1,288.76	952.72	336.04	44,483.51
141	1,288.76	959.77	328.99	43,523.74
142	1,288.76	966.87	321.89	42,556.87
143	1,288.76	974.02	314.74	41,582.86
144	1,288.76	981.22	307.54	40,601.64
145	1,288.76	988.48	300.28	39,613.16
146	1,288.76	995.79	292.97	38,617.37
147	1,288.76	1,003.15	285.61	37,614.22
148	1,288.76	1,010.57	278.19	36,603.65
149	1,288.76	1,018.05	270.71	35,585.60
150	1,288.76	1,025.58	263.19	34,560.03
151	1,288.76	1,033.16	255.60	33,526.86
152	1,288.76	1,040.80	247.96	32,486.06
153	1,288.76	1,048.50	240.26	31,437.56
154	1,288.76	1,056.25	232.51	30,381.31
155	1,288.76	1,064.07	224.70	29,317.25
156	1,288.76	1,071.93	216.83	28,245.31
157	1,288.76	1,079.86	208.90	27,165.45
158	1,288.76	1,087.85	200.91	26,077.60
159	1,288.76	1,095.89	192.87	24,981.70
160	1,288.76	1,104.00	184.76	23,877.70
161	1,288.76	1,112.16	176.60	22,765.54
162	1,288.76	1,120.39	168.37	21,645.15
163	1,288.76	1,128.68	160.08	20,516.47
164	1,288.76	1,137.02	151.74	19,379.45
165	1,288.76	1,145.43	143.33	18,234.02
166	1,288.76	1,153.90	134.86	17,080.11
167	1,288.76	1,162.44	126.32	15,917.67
168	1,288.76	1,171.04	117.72	14,746.64
169	1,288.76	1,179.70	109.06	13,566.94
170	1,288.76	1,188.42	100.34	12,378.52
171	1,288.76	1,197.21	91.55	11,181.31
172	1,288.76	1,206.07	82.70	9,975.24
173	1,288.76	1,214.99	73.78	8,760.26
174	1,288.76	1,223.97	64.79	7,536.28
175	1,288.76	1,233.02	55.74	6,303.26
176	1,288.76	1,242.14	46.62	5,061.12
177	1,288.76	1,251.33	37.43	3,809.79
178	1,288.76	1,260.58	28.18	2,549.21
179	1,288.76	1,269.91	18.85	1,279.30
180	1,288.76	1,279.30	9.46	0.00