Mortgage Loan of $130,000 for 15 Years at 8.875%

What's the payment on a 15 year home loan for $130k at 8.875% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $1,308.90

$15,707 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 8.875 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	1,308.90	347.44	961.46	129,652.56
2	1,308.90	350.01	958.89	129,302.55
3	1,308.90	352.60	956.30	128,949.96
4	1,308.90	355.20	953.69	128,594.75
5	1,308.90	357.83	951.07	128,236.92
6	1,308.90	360.48	948.42	127,876.44
7	1,308.90	363.14	945.75	127,513.30
8	1,308.90	365.83	943.07	127,147.47
9	1,308.90	368.54	940.36	126,778.93
10	1,308.90	371.26	937.64	126,407.67
11	1,308.90	374.01	934.89	126,033.66
12	1,308.90	376.77	932.12	125,656.89
13	1,308.90	379.56	929.34	125,277.33
14	1,308.90	382.37	926.53	124,894.96
15	1,308.90	385.19	923.70	124,509.77
16	1,308.90	388.04	920.85	124,121.72
17	1,308.90	390.91	917.98	123,730.81
18	1,308.90	393.80	915.09	123,337.00
19	1,308.90	396.72	912.18	122,940.29
20	1,308.90	399.65	909.25	122,540.63
21	1,308.90	402.61	906.29	122,138.03
22	1,308.90	405.58	903.31	121,732.44
23	1,308.90	408.58	900.31	121,323.86
24	1,308.90	411.61	897.29	120,912.25
25	1,308.90	414.65	894.25	120,497.60
26	1,308.90	417.72	891.18	120,079.88
27	1,308.90	420.81	888.09	119,659.08
28	1,308.90	423.92	884.98	119,235.16
29	1,308.90	427.05	881.84	118,808.10
30	1,308.90	430.21	878.68	118,377.89
31	1,308.90	433.39	875.50	117,944.50
32	1,308.90	436.60	872.30	117,507.90
33	1,308.90	439.83	869.07	117,068.07
34	1,308.90	443.08	865.82	116,624.99
35	1,308.90	446.36	862.54	116,178.63
36	1,308.90	449.66	859.24	115,728.97
37	1,308.90	452.99	855.91	115,275.99
38	1,308.90	456.34	852.56	114,819.65
39	1,308.90	459.71	849.19	114,359.94
40	1,308.90	463.11	845.79	113,896.83
41	1,308.90	466.54	842.36	113,430.29
42	1,308.90	469.99	838.91	112,960.31
43	1,308.90	473.46	835.44	112,486.85
44	1,308.90	476.96	831.93	112,009.88
45	1,308.90	480.49	828.41	111,529.39
46	1,308.90	484.04	824.85	111,045.35
47	1,308.90	487.62	821.27	110,557.72
48	1,308.90	491.23	817.67	110,066.49
49	1,308.90	494.86	814.03	109,571.63
50	1,308.90	498.52	810.37	109,073.11
51	1,308.90	502.21	806.69	108,570.89
52	1,308.90	505.93	802.97	108,064.97
53	1,308.90	509.67	799.23	107,555.30
54	1,308.90	513.44	795.46	107,041.87
55	1,308.90	517.23	791.66	106,524.63
56	1,308.90	521.06	787.84	106,003.57
57	1,308.90	524.91	783.98	105,478.66
58	1,308.90	528.79	780.10	104,949.87
59	1,308.90	532.71	776.19	104,417.16
60	1,308.90	536.65	772.25	103,880.52
61	1,308.90	540.61	768.28	103,339.90
62	1,308.90	544.61	764.28	102,795.29
63	1,308.90	548.64	760.26	102,246.65
64	1,308.90	552.70	756.20	101,693.95
65	1,308.90	556.79	752.11	101,137.17
66	1,308.90	560.90	747.99	100,576.26
67	1,308.90	565.05	743.85	100,011.21
68	1,308.90	569.23	739.67	99,441.98
69	1,308.90	573.44	735.46	98,868.54
70	1,308.90	577.68	731.22	98,290.86
71	1,308.90	581.95	726.94	97,708.90
72	1,308.90	586.26	722.64	97,122.64
73	1,308.90	590.59	718.30	96,532.05
74	1,308.90	594.96	713.93	95,937.09
75	1,308.90	599.36	709.53	95,337.72
76	1,308.90	603.80	705.10	94,733.93
77	1,308.90	608.26	700.64	94,125.67
78	1,308.90	612.76	696.14	93,512.91
79	1,308.90	617.29	691.61	92,895.62
80	1,308.90	621.86	687.04	92,273.76
81	1,308.90	626.46	682.44	91,647.30
82	1,308.90	631.09	677.81	91,016.21
83	1,308.90	635.76	673.14	90,380.46
84	1,308.90	640.46	668.44	89,740.00
85	1,308.90	645.20	663.70	89,094.80
86	1,308.90	649.97	658.93	88,444.84
87	1,308.90	654.77	654.12	87,790.06
88	1,308.90	659.62	649.28	87,130.45
89	1,308.90	664.50	644.40	86,465.95
90	1,308.90	669.41	639.49	85,796.54
91	1,308.90	674.36	634.54	85,122.18
92	1,308.90	679.35	629.55	84,442.83
93	1,308.90	684.37	624.53	83,758.46
94	1,308.90	689.43	619.46	83,069.03
95	1,308.90	694.53	614.36	82,374.49
96	1,308.90	699.67	609.23	81,674.82
97	1,308.90	704.84	604.05	80,969.98
98	1,308.90	710.06	598.84	80,259.92
99	1,308.90	715.31	593.59	79,544.62
100	1,308.90	720.60	588.30	78,824.02
101	1,308.90	725.93	582.97	78,098.09
102	1,308.90	731.30	577.60	77,366.79
103	1,308.90	736.71	572.19	76,630.09
104	1,308.90	742.15	566.74	75,887.93
105	1,308.90	747.64	561.25	75,140.29
106	1,308.90	753.17	555.73	74,387.12
107	1,308.90	758.74	550.15	73,628.38
108	1,308.90	764.35	544.54	72,864.02
109	1,308.90	770.01	538.89	72,094.01
110	1,308.90	775.70	533.20	71,318.31
111	1,308.90	781.44	527.46	70,536.87
112	1,308.90	787.22	521.68	69,749.65
113	1,308.90	793.04	515.86	68,956.61
114	1,308.90	798.91	509.99	68,157.71
115	1,308.90	804.81	504.08	67,352.89
116	1,308.90	810.77	498.13	66,542.13
117	1,308.90	816.76	492.13	65,725.37
118	1,308.90	822.80	486.09	64,902.56
119	1,308.90	828.89	480.01	64,073.67
120	1,308.90	835.02	473.88	63,238.65
121	1,308.90	841.19	467.70	62,397.46
122	1,308.90	847.42	461.48	61,550.04
123	1,308.90	853.68	455.21	60,696.36
124	1,308.90	860.00	448.90	59,836.36
125	1,308.90	866.36	442.54	58,970.00
126	1,308.90	872.76	436.13	58,097.24
127	1,308.90	879.22	429.68	57,218.02
128	1,308.90	885.72	423.17	56,332.30
129	1,308.90	892.27	416.62	55,440.02
130	1,308.90	898.87	410.03	54,541.15
131	1,308.90	905.52	403.38	53,635.63
132	1,308.90	912.22	396.68	52,723.42
133	1,308.90	918.96	389.93	51,804.45
134	1,308.90	925.76	383.14	50,878.69
135	1,308.90	932.61	376.29	49,946.08
136	1,308.90	939.50	369.39	49,006.58
137	1,308.90	946.45	362.44	48,060.13
138	1,308.90	953.45	355.44	47,106.67
139	1,308.90	960.50	348.39	46,146.17
140	1,308.90	967.61	341.29	45,178.56
141	1,308.90	974.76	334.13	44,203.80
142	1,308.90	981.97	326.92	43,221.83
143	1,308.90	989.24	319.66	42,232.59
144	1,308.90	996.55	312.35	41,236.04
145	1,308.90	1,003.92	304.97	40,232.11
146	1,308.90	1,011.35	297.55	39,220.77
147	1,308.90	1,018.83	290.07	38,201.94
148	1,308.90	1,026.36	282.54	37,175.58
149	1,308.90	1,033.95	274.94	36,141.63
150	1,308.90	1,041.60	267.30	35,100.03
151	1,308.90	1,049.30	259.59	34,050.72
152	1,308.90	1,057.06	251.83	32,993.66
153	1,308.90	1,064.88	244.02	31,928.78
154	1,308.90	1,072.76	236.14	30,856.02
155	1,308.90	1,080.69	228.21	29,775.33
156	1,308.90	1,088.68	220.21	28,686.64
157	1,308.90	1,096.74	212.16	27,589.91
158	1,308.90	1,104.85	204.05	26,485.06
159	1,308.90	1,113.02	195.88	25,372.04
160	1,308.90	1,121.25	187.65	24,250.79
161	1,308.90	1,129.54	179.35	23,121.25
162	1,308.90	1,137.90	171.00	21,983.35
163	1,308.90	1,146.31	162.59	20,837.04
164	1,308.90	1,154.79	154.11	19,682.25
165	1,308.90	1,163.33	145.57	18,518.92
166	1,308.90	1,171.93	136.96	17,346.99
167	1,308.90	1,180.60	128.30	16,166.39
168	1,308.90	1,189.33	119.56	14,977.05
169	1,308.90	1,198.13	110.77	13,778.92
170	1,308.90	1,206.99	101.91	12,571.93
171	1,308.90	1,215.92	92.98	11,356.01
172	1,308.90	1,224.91	83.99	10,131.10
173	1,308.90	1,233.97	74.93	8,897.13
174	1,308.90	1,243.10	65.80	7,654.04
175	1,308.90	1,252.29	56.61	6,401.75
176	1,308.90	1,261.55	47.35	5,140.20
177	1,308.90	1,270.88	38.02	3,869.32
178	1,308.90	1,280.28	28.62	2,589.04
179	1,308.90	1,289.75	19.15	1,299.29
180	1,308.90	1,299.29	9.61	0.00