Mortgage Loan of $130,000 for 15 Years at 8.85%

What's the payment on a 15 year home loan for $130k at 8.85% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $1,306.97
$15,684 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $130k 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 130,000 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 1,306.97 348.22 958.75 129,651.78
2 1,306.97 350.79 956.18 129,300.99
3 1,306.97 353.38 953.59 128,947.61
4 1,306.97 355.98 950.99 128,591.63
5 1,306.97 358.61 948.36 128,233.02
6 1,306.97 361.25 945.72 127,871.77
7 1,306.97 363.92 943.05 127,507.85
8 1,306.97 366.60 940.37 127,141.25
9 1,306.97 369.30 937.67 126,771.94
10 1,306.97 372.03 934.94 126,399.91
11 1,306.97 374.77 932.20 126,025.14
12 1,306.97 377.54 929.44 125,647.61
13 1,306.97 380.32 926.65 125,267.29
14 1,306.97 383.13 923.85 124,884.16
15 1,306.97 385.95 921.02 124,498.21
16 1,306.97 388.80 918.17 124,109.41
17 1,306.97 391.66 915.31 123,717.75
18 1,306.97 394.55 912.42 123,323.19
19 1,306.97 397.46 909.51 122,925.73
20 1,306.97 400.39 906.58 122,525.34
21 1,306.97 403.35 903.62 122,121.99
22 1,306.97 406.32 900.65 121,715.67
23 1,306.97 409.32 897.65 121,306.35
24 1,306.97 412.34 894.63 120,894.01
25 1,306.97 415.38 891.59 120,478.63
26 1,306.97 418.44 888.53 120,060.19
27 1,306.97 421.53 885.44 119,638.66
28 1,306.97 424.64 882.34 119,214.03
29 1,306.97 427.77 879.20 118,786.26
30 1,306.97 430.92 876.05 118,355.34
31 1,306.97 434.10 872.87 117,921.23
32 1,306.97 437.30 869.67 117,483.93
33 1,306.97 440.53 866.44 117,043.40
34 1,306.97 443.78 863.20 116,599.63
35 1,306.97 447.05 859.92 116,152.58
36 1,306.97 450.35 856.63 115,702.23
37 1,306.97 453.67 853.30 115,248.56
38 1,306.97 457.01 849.96 114,791.55
39 1,306.97 460.38 846.59 114,331.17
40 1,306.97 463.78 843.19 113,867.39
41 1,306.97 467.20 839.77 113,400.19
42 1,306.97 470.65 836.33 112,929.54
43 1,306.97 474.12 832.86 112,455.43
44 1,306.97 477.61 829.36 111,977.81
45 1,306.97 481.14 825.84 111,496.68
46 1,306.97 484.68 822.29 111,011.99
47 1,306.97 488.26 818.71 110,523.74
48 1,306.97 491.86 815.11 110,031.88
49 1,306.97 495.49 811.49 109,536.39
50 1,306.97 499.14 807.83 109,037.25
51 1,306.97 502.82 804.15 108,534.43
52 1,306.97 506.53 800.44 108,027.90
53 1,306.97 510.27 796.71 107,517.63
54 1,306.97 514.03 792.94 107,003.60
55 1,306.97 517.82 789.15 106,485.78
56 1,306.97 521.64 785.33 105,964.14
57 1,306.97 525.49 781.49 105,438.66
58 1,306.97 529.36 777.61 104,909.30
59 1,306.97 533.27 773.71 104,376.03
60 1,306.97 537.20 769.77 103,838.83
61 1,306.97 541.16 765.81 103,297.67
62 1,306.97 545.15 761.82 102,752.52
63 1,306.97 549.17 757.80 102,203.35
64 1,306.97 553.22 753.75 101,650.13
65 1,306.97 557.30 749.67 101,092.82
66 1,306.97 561.41 745.56 100,531.41
67 1,306.97 565.55 741.42 99,965.86
68 1,306.97 569.72 737.25 99,396.14
69 1,306.97 573.93 733.05 98,822.21
70 1,306.97 578.16 728.81 98,244.05
71 1,306.97 582.42 724.55 97,661.63
72 1,306.97 586.72 720.25 97,074.91
73 1,306.97 591.04 715.93 96,483.87
74 1,306.97 595.40 711.57 95,888.47
75 1,306.97 599.79 707.18 95,288.67
76 1,306.97 604.22 702.75 94,684.45
77 1,306.97 608.67 698.30 94,075.78
78 1,306.97 613.16 693.81 93,462.62
79 1,306.97 617.68 689.29 92,844.93
80 1,306.97 622.24 684.73 92,222.69
81 1,306.97 626.83 680.14 91,595.86
82 1,306.97 631.45 675.52 90,964.41
83 1,306.97 636.11 670.86 90,328.30
84 1,306.97 640.80 666.17 89,687.50
85 1,306.97 645.53 661.45 89,041.98
86 1,306.97 650.29 656.68 88,391.69
87 1,306.97 655.08 651.89 87,736.61
88 1,306.97 659.91 647.06 87,076.69
89 1,306.97 664.78 642.19 86,411.91
90 1,306.97 669.68 637.29 85,742.23
91 1,306.97 674.62 632.35 85,067.60
92 1,306.97 679.60 627.37 84,388.01
93 1,306.97 684.61 622.36 83,703.40
94 1,306.97 689.66 617.31 83,013.74
95 1,306.97 694.75 612.23 82,318.99
96 1,306.97 699.87 607.10 81,619.12
97 1,306.97 705.03 601.94 80,914.09
98 1,306.97 710.23 596.74 80,203.86
99 1,306.97 715.47 591.50 79,488.39
100 1,306.97 720.74 586.23 78,767.65
101 1,306.97 726.06 580.91 78,041.59
102 1,306.97 731.41 575.56 77,310.17
103 1,306.97 736.81 570.16 76,573.36
104 1,306.97 742.24 564.73 75,831.12
105 1,306.97 747.72 559.25 75,083.40
106 1,306.97 753.23 553.74 74,330.17
107 1,306.97 758.79 548.19 73,571.38
108 1,306.97 764.38 542.59 72,807.00
109 1,306.97 770.02 536.95 72,036.98
110 1,306.97 775.70 531.27 71,261.28
111 1,306.97 781.42 525.55 70,479.86
112 1,306.97 787.18 519.79 69,692.68
113 1,306.97 792.99 513.98 68,899.69
114 1,306.97 798.84 508.14 68,100.86
115 1,306.97 804.73 502.24 67,296.13
116 1,306.97 810.66 496.31 66,485.47
117 1,306.97 816.64 490.33 65,668.82
118 1,306.97 822.66 484.31 64,846.16
119 1,306.97 828.73 478.24 64,017.43
120 1,306.97 834.84 472.13 63,182.59
121 1,306.97 841.00 465.97 62,341.59
122 1,306.97 847.20 459.77 61,494.38
123 1,306.97 853.45 453.52 60,640.93
124 1,306.97 859.74 447.23 59,781.19
125 1,306.97 866.09 440.89 58,915.10
126 1,306.97 872.47 434.50 58,042.63
127 1,306.97 878.91 428.06 57,163.72
128 1,306.97 885.39 421.58 56,278.33
129 1,306.97 891.92 415.05 55,386.41
130 1,306.97 898.50 408.47 54,487.92
131 1,306.97 905.12 401.85 53,582.79
132 1,306.97 911.80 395.17 52,671.00
133 1,306.97 918.52 388.45 51,752.47
134 1,306.97 925.30 381.67 50,827.18
135 1,306.97 932.12 374.85 49,895.05
136 1,306.97 939.00 367.98 48,956.06
137 1,306.97 945.92 361.05 48,010.14
138 1,306.97 952.90 354.07 47,057.24
139 1,306.97 959.92 347.05 46,097.32
140 1,306.97 967.00 339.97 45,130.31
141 1,306.97 974.14 332.84 44,156.18
142 1,306.97 981.32 325.65 43,174.86
143 1,306.97 988.56 318.41 42,186.30
144 1,306.97 995.85 311.12 41,190.45
145 1,306.97 1,003.19 303.78 40,187.26
146 1,306.97 1,010.59 296.38 39,176.67
147 1,306.97 1,018.04 288.93 38,158.63
148 1,306.97 1,025.55 281.42 37,133.07
149 1,306.97 1,033.12 273.86 36,099.96
150 1,306.97 1,040.73 266.24 35,059.22
151 1,306.97 1,048.41 258.56 34,010.81
152 1,306.97 1,056.14 250.83 32,954.67
153 1,306.97 1,063.93 243.04 31,890.74
154 1,306.97 1,071.78 235.19 30,818.96
155 1,306.97 1,079.68 227.29 29,739.28
156 1,306.97 1,087.64 219.33 28,651.64
157 1,306.97 1,095.67 211.31 27,555.97
158 1,306.97 1,103.75 203.23 26,452.23
159 1,306.97 1,111.89 195.09 25,340.34
160 1,306.97 1,120.09 186.88 24,220.25
161 1,306.97 1,128.35 178.62 23,091.90
162 1,306.97 1,136.67 170.30 21,955.24
163 1,306.97 1,145.05 161.92 20,810.18
164 1,306.97 1,153.50 153.48 19,656.69
165 1,306.97 1,162.00 144.97 18,494.68
166 1,306.97 1,170.57 136.40 17,324.11
167 1,306.97 1,179.21 127.77 16,144.90
168 1,306.97 1,187.90 119.07 14,957.00
169 1,306.97 1,196.66 110.31 13,760.34
170 1,306.97 1,205.49 101.48 12,554.85
171 1,306.97 1,214.38 92.59 11,340.47
172 1,306.97 1,223.34 83.64 10,117.13
173 1,306.97 1,232.36 74.61 8,884.78
174 1,306.97 1,241.45 65.53 7,643.33
175 1,306.97 1,250.60 56.37 6,392.73
176 1,306.97 1,259.83 47.15 5,132.90
177 1,306.97 1,269.12 37.86 3,863.78
178 1,306.97 1,278.48 28.50 2,585.31
179 1,306.97 1,287.91 19.07 1,297.40
180 1,306.97 1,297.40 9.57 0.00