Mortgage Loan of $160,000 for 15 Years at 8.875%

What's the payment on a 15 year home loan for $160k at 8.875% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $1,610.95
$19,331 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $160k 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 160,000 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 1,610.95 427.62 1,183.33 159,572.38
2 1,610.95 430.78 1,180.17 159,141.60
3 1,610.95 433.97 1,176.98 158,707.64
4 1,610.95 437.18 1,173.78 158,270.46
5 1,610.95 440.41 1,170.54 157,830.05
6 1,610.95 443.67 1,167.28 157,386.39
7 1,610.95 446.95 1,164.00 156,939.44
8 1,610.95 450.25 1,160.70 156,489.19
9 1,610.95 453.58 1,157.37 156,035.61
10 1,610.95 456.94 1,154.01 155,578.67
11 1,610.95 460.32 1,150.63 155,118.35
12 1,610.95 463.72 1,147.23 154,654.63
13 1,610.95 467.15 1,143.80 154,187.48
14 1,610.95 470.61 1,140.34 153,716.87
15 1,610.95 474.09 1,136.86 153,242.79
16 1,610.95 477.59 1,133.36 152,765.20
17 1,610.95 481.12 1,129.83 152,284.07
18 1,610.95 484.68 1,126.27 151,799.39
19 1,610.95 488.27 1,122.68 151,311.12
20 1,610.95 491.88 1,119.07 150,819.24
21 1,610.95 495.52 1,115.43 150,323.73
22 1,610.95 499.18 1,111.77 149,824.54
23 1,610.95 502.87 1,108.08 149,321.67
24 1,610.95 506.59 1,104.36 148,815.08
25 1,610.95 510.34 1,100.61 148,304.74
26 1,610.95 514.11 1,096.84 147,790.63
27 1,610.95 517.92 1,093.03 147,272.71
28 1,610.95 521.75 1,089.20 146,750.96
29 1,610.95 525.60 1,085.35 146,225.36
30 1,610.95 529.49 1,081.46 145,695.87
31 1,610.95 533.41 1,077.54 145,162.46
32 1,610.95 537.35 1,073.60 144,625.11
33 1,610.95 541.33 1,069.62 144,083.78
34 1,610.95 545.33 1,065.62 143,538.45
35 1,610.95 549.36 1,061.59 142,989.08
36 1,610.95 553.43 1,057.52 142,435.66
37 1,610.95 557.52 1,053.43 141,878.14
38 1,610.95 561.64 1,049.31 141,316.49
39 1,610.95 565.80 1,045.15 140,750.70
40 1,610.95 569.98 1,040.97 140,180.71
41 1,610.95 574.20 1,036.75 139,606.52
42 1,610.95 578.44 1,032.51 139,028.07
43 1,610.95 582.72 1,028.23 138,445.35
44 1,610.95 587.03 1,023.92 137,858.32
45 1,610.95 591.37 1,019.58 137,266.95
46 1,610.95 595.75 1,015.20 136,671.20
47 1,610.95 600.15 1,010.80 136,071.05
48 1,610.95 604.59 1,006.36 135,466.45
49 1,610.95 609.06 1,001.89 134,857.39
50 1,610.95 613.57 997.38 134,243.82
51 1,610.95 618.11 992.84 133,625.72
52 1,610.95 622.68 988.27 133,003.04
53 1,610.95 627.28 983.67 132,375.76
54 1,610.95 631.92 979.03 131,743.84
55 1,610.95 636.60 974.36 131,107.24
56 1,610.95 641.30 969.65 130,465.94
57 1,610.95 646.05 964.90 129,819.89
58 1,610.95 650.82 960.13 129,169.07
59 1,610.95 655.64 955.31 128,513.43
60 1,610.95 660.49 950.46 127,852.94
61 1,610.95 665.37 945.58 127,187.57
62 1,610.95 670.29 940.66 126,517.28
63 1,610.95 675.25 935.70 125,842.03
64 1,610.95 680.24 930.71 125,161.79
65 1,610.95 685.27 925.68 124,476.51
66 1,610.95 690.34 920.61 123,786.17
67 1,610.95 695.45 915.50 123,090.72
68 1,610.95 700.59 910.36 122,390.13
69 1,610.95 705.77 905.18 121,684.35
70 1,610.95 710.99 899.96 120,973.36
71 1,610.95 716.25 894.70 120,257.11
72 1,610.95 721.55 889.40 119,535.56
73 1,610.95 726.89 884.07 118,808.67
74 1,610.95 732.26 878.69 118,076.41
75 1,610.95 737.68 873.27 117,338.74
76 1,610.95 743.13 867.82 116,595.60
77 1,610.95 748.63 862.32 115,846.97
78 1,610.95 754.17 856.78 115,092.81
79 1,610.95 759.74 851.21 114,333.07
80 1,610.95 765.36 845.59 113,567.70
81 1,610.95 771.02 839.93 112,796.68
82 1,610.95 776.73 834.23 112,019.96
83 1,610.95 782.47 828.48 111,237.49
84 1,610.95 788.26 822.69 110,449.23
85 1,610.95 794.09 816.86 109,655.14
86 1,610.95 799.96 810.99 108,855.18
87 1,610.95 805.88 805.07 108,049.31
88 1,610.95 811.84 799.11 107,237.47
89 1,610.95 817.84 793.11 106,419.63
90 1,610.95 823.89 787.06 105,595.74
91 1,610.95 829.98 780.97 104,765.76
92 1,610.95 836.12 774.83 103,929.64
93 1,610.95 842.30 768.65 103,087.34
94 1,610.95 848.53 762.42 102,238.80
95 1,610.95 854.81 756.14 101,383.99
96 1,610.95 861.13 749.82 100,522.86
97 1,610.95 867.50 743.45 99,655.36
98 1,610.95 873.92 737.03 98,781.45
99 1,610.95 880.38 730.57 97,901.07
100 1,610.95 886.89 724.06 97,014.18
101 1,610.95 893.45 717.50 96,120.73
102 1,610.95 900.06 710.89 95,220.67
103 1,610.95 906.71 704.24 94,313.95
104 1,610.95 913.42 697.53 93,400.53
105 1,610.95 920.18 690.77 92,480.36
106 1,610.95 926.98 683.97 91,553.38
107 1,610.95 933.84 677.11 90,619.54
108 1,610.95 940.74 670.21 89,678.80
109 1,610.95 947.70 663.25 88,731.09
110 1,610.95 954.71 656.24 87,776.38
111 1,610.95 961.77 649.18 86,814.61
112 1,610.95 968.88 642.07 85,845.73
113 1,610.95 976.05 634.90 84,869.68
114 1,610.95 983.27 627.68 83,886.41
115 1,610.95 990.54 620.41 82,895.87
116 1,610.95 997.87 613.08 81,898.00
117 1,610.95 1,005.25 605.70 80,892.76
118 1,610.95 1,012.68 598.27 79,880.08
119 1,610.95 1,020.17 590.78 78,859.91
120 1,610.95 1,027.72 583.23 77,832.19
121 1,610.95 1,035.32 575.63 76,796.87
122 1,610.95 1,042.97 567.98 75,753.90
123 1,610.95 1,050.69 560.26 74,703.21
124 1,610.95 1,058.46 552.49 73,644.75
125 1,610.95 1,066.29 544.66 72,578.47
126 1,610.95 1,074.17 536.78 71,504.30
127 1,610.95 1,082.12 528.83 70,422.18
128 1,610.95 1,090.12 520.83 69,332.06
129 1,610.95 1,098.18 512.77 68,233.88
130 1,610.95 1,106.30 504.65 67,127.57
131 1,610.95 1,114.49 496.46 66,013.09
132 1,610.95 1,122.73 488.22 64,890.36
133 1,610.95 1,131.03 479.92 63,759.33
134 1,610.95 1,139.40 471.55 62,619.93
135 1,610.95 1,147.82 463.13 61,472.10
136 1,610.95 1,156.31 454.64 60,315.79
137 1,610.95 1,164.86 446.09 59,150.93
138 1,610.95 1,173.48 437.47 57,977.45
139 1,610.95 1,182.16 428.79 56,795.29
140 1,610.95 1,190.90 420.05 55,604.38
141 1,610.95 1,199.71 411.24 54,404.68
142 1,610.95 1,208.58 402.37 53,196.09
143 1,610.95 1,217.52 393.43 51,978.57
144 1,610.95 1,226.53 384.42 50,752.05
145 1,610.95 1,235.60 375.35 49,516.45
146 1,610.95 1,244.74 366.22 48,271.71
147 1,610.95 1,253.94 357.01 47,017.77
148 1,610.95 1,263.21 347.74 45,754.56
149 1,610.95 1,272.56 338.39 44,482.00
150 1,610.95 1,281.97 328.98 43,200.03
151 1,610.95 1,291.45 319.50 41,908.58
152 1,610.95 1,301.00 309.95 40,607.58
153 1,610.95 1,310.62 300.33 39,296.96
154 1,610.95 1,320.32 290.63 37,976.64
155 1,610.95 1,330.08 280.87 36,646.56
156 1,610.95 1,339.92 271.03 35,306.64
157 1,610.95 1,349.83 261.12 33,956.81
158 1,610.95 1,359.81 251.14 32,597.00
159 1,610.95 1,369.87 241.08 31,227.13
160 1,610.95 1,380.00 230.95 29,847.13
161 1,610.95 1,390.21 220.74 28,456.92
162 1,610.95 1,400.49 210.46 27,056.44
163 1,610.95 1,410.85 200.10 25,645.59
164 1,610.95 1,421.28 189.67 24,224.31
165 1,610.95 1,431.79 179.16 22,792.52
166 1,610.95 1,442.38 168.57 21,350.14
167 1,610.95 1,453.05 157.90 19,897.09
168 1,610.95 1,463.79 147.16 18,433.29
169 1,610.95 1,474.62 136.33 16,958.67
170 1,610.95 1,485.53 125.42 15,473.15
171 1,610.95 1,496.51 114.44 13,976.63
172 1,610.95 1,507.58 103.37 12,469.05
173 1,610.95 1,518.73 92.22 10,950.32
174 1,610.95 1,529.96 80.99 9,420.36
175 1,610.95 1,541.28 69.67 7,879.08
176 1,610.95 1,552.68 58.27 6,326.40
177 1,610.95 1,564.16 46.79 4,762.24
178 1,610.95 1,575.73 35.22 3,186.51
179 1,610.95 1,587.38 23.57 1,599.12
180 1,610.95 1,599.12 11.83 0.00