Mortgage Loan of $244,000 for 15 Years at 8.875%

What's the payment on a 15 year home loan for $244k at 8.875% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $2,456.70

$29,480 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $244k 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 244,000 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	2,456.70	652.12	1,804.58	243,347.88
2	2,456.70	656.94	1,799.76	242,690.94
3	2,456.70	661.80	1,794.90	242,029.15
4	2,456.70	666.69	1,790.01	241,362.45
5	2,456.70	671.62	1,785.08	240,690.83
6	2,456.70	676.59	1,780.11	240,014.24
7	2,456.70	681.59	1,775.11	239,332.65
8	2,456.70	686.64	1,770.06	238,646.01
9	2,456.70	691.71	1,764.99	237,954.30
10	2,456.70	696.83	1,759.87	237,257.47
11	2,456.70	701.98	1,754.72	236,555.49
12	2,456.70	707.17	1,749.52	235,848.31
13	2,456.70	712.40	1,744.29	235,135.91
14	2,456.70	717.67	1,739.03	234,418.23
15	2,456.70	722.98	1,733.72	233,695.25
16	2,456.70	728.33	1,728.37	232,966.92
17	2,456.70	733.72	1,722.98	232,233.21
18	2,456.70	739.14	1,717.56	231,494.07
19	2,456.70	744.61	1,712.09	230,749.46
20	2,456.70	750.12	1,706.58	229,999.34
21	2,456.70	755.66	1,701.04	229,243.68
22	2,456.70	761.25	1,695.45	228,482.43
23	2,456.70	766.88	1,689.82	227,715.55
24	2,456.70	772.55	1,684.15	226,942.99
25	2,456.70	778.27	1,678.43	226,164.73
26	2,456.70	784.02	1,672.68	225,380.71
27	2,456.70	789.82	1,666.88	224,590.88
28	2,456.70	795.66	1,661.04	223,795.22
29	2,456.70	801.55	1,655.15	222,993.67
30	2,456.70	807.48	1,649.22	222,186.20
31	2,456.70	813.45	1,643.25	221,372.75
32	2,456.70	819.46	1,637.24	220,553.29
33	2,456.70	825.52	1,631.18	219,727.76
34	2,456.70	831.63	1,625.07	218,896.13
35	2,456.70	837.78	1,618.92	218,058.35
36	2,456.70	843.98	1,612.72	217,214.38
37	2,456.70	850.22	1,606.48	216,364.16
38	2,456.70	856.51	1,600.19	215,507.65
39	2,456.70	862.84	1,593.86	214,644.81
40	2,456.70	869.22	1,587.48	213,775.59
41	2,456.70	875.65	1,581.05	212,899.94
42	2,456.70	882.13	1,574.57	212,017.81
43	2,456.70	888.65	1,568.05	211,129.16
44	2,456.70	895.22	1,561.48	210,233.94
45	2,456.70	901.84	1,554.86	209,332.09
46	2,456.70	908.51	1,548.19	208,423.58
47	2,456.70	915.23	1,541.47	207,508.34
48	2,456.70	922.00	1,534.70	206,586.34
49	2,456.70	928.82	1,527.88	205,657.52
50	2,456.70	935.69	1,521.01	204,721.83
51	2,456.70	942.61	1,514.09	203,779.22
52	2,456.70	949.58	1,507.12	202,829.64
53	2,456.70	956.61	1,500.09	201,873.03
54	2,456.70	963.68	1,493.02	200,909.35
55	2,456.70	970.81	1,485.89	199,938.54
56	2,456.70	977.99	1,478.71	198,960.56
57	2,456.70	985.22	1,471.48	197,975.33
58	2,456.70	992.51	1,464.19	196,982.83
59	2,456.70	999.85	1,456.85	195,982.98
60	2,456.70	1,007.24	1,449.46	194,975.74
61	2,456.70	1,014.69	1,442.01	193,961.05
62	2,456.70	1,022.20	1,434.50	192,938.85
63	2,456.70	1,029.76	1,426.94	191,909.09
64	2,456.70	1,037.37	1,419.33	190,871.72
65	2,456.70	1,045.04	1,411.66	189,826.68
66	2,456.70	1,052.77	1,403.93	188,773.91
67	2,456.70	1,060.56	1,396.14	187,713.35
68	2,456.70	1,068.40	1,388.30	186,644.94
69	2,456.70	1,076.30	1,380.39	185,568.64
70	2,456.70	1,084.26	1,372.43	184,484.37
71	2,456.70	1,092.28	1,364.42	183,392.09
72	2,456.70	1,100.36	1,356.34	182,291.73
73	2,456.70	1,108.50	1,348.20	181,183.23
74	2,456.70	1,116.70	1,340.00	180,066.53
75	2,456.70	1,124.96	1,331.74	178,941.57
76	2,456.70	1,133.28	1,323.42	177,808.29
77	2,456.70	1,141.66	1,315.04	176,666.64
78	2,456.70	1,150.10	1,306.60	175,516.53
79	2,456.70	1,158.61	1,298.09	174,357.92
80	2,456.70	1,167.18	1,289.52	173,190.75
81	2,456.70	1,175.81	1,280.89	172,014.94
82	2,456.70	1,184.51	1,272.19	170,830.43
83	2,456.70	1,193.27	1,263.43	169,637.17
84	2,456.70	1,202.09	1,254.61	168,435.07
85	2,456.70	1,210.98	1,245.72	167,224.09
86	2,456.70	1,219.94	1,236.76	166,004.15
87	2,456.70	1,228.96	1,227.74	164,775.19
88	2,456.70	1,238.05	1,218.65	163,537.14
89	2,456.70	1,247.21	1,209.49	162,289.94
90	2,456.70	1,256.43	1,200.27	161,033.51
91	2,456.70	1,265.72	1,190.98	159,767.78
92	2,456.70	1,275.08	1,181.62	158,492.70
93	2,456.70	1,284.51	1,172.19	157,208.19
94	2,456.70	1,294.01	1,162.69	155,914.17
95	2,456.70	1,303.58	1,153.12	154,610.59
96	2,456.70	1,313.23	1,143.47	153,297.36
97	2,456.70	1,322.94	1,133.76	151,974.43
98	2,456.70	1,332.72	1,123.98	150,641.70
99	2,456.70	1,342.58	1,114.12	149,299.13
100	2,456.70	1,352.51	1,104.19	147,946.62
101	2,456.70	1,362.51	1,094.19	146,584.11
102	2,456.70	1,372.59	1,084.11	145,211.52
103	2,456.70	1,382.74	1,073.96	143,828.78
104	2,456.70	1,392.97	1,063.73	142,435.81
105	2,456.70	1,403.27	1,053.43	141,032.54
106	2,456.70	1,413.65	1,043.05	139,618.90
107	2,456.70	1,424.10	1,032.60	138,194.80
108	2,456.70	1,434.63	1,022.07	136,760.16
109	2,456.70	1,445.24	1,011.46	135,314.92
110	2,456.70	1,455.93	1,000.77	133,858.99
111	2,456.70	1,466.70	990.00	132,392.29
112	2,456.70	1,477.55	979.15	130,914.74
113	2,456.70	1,488.48	968.22	129,426.26
114	2,456.70	1,499.48	957.22	127,926.78
115	2,456.70	1,510.57	946.13	126,416.20
116	2,456.70	1,521.75	934.95	124,894.46
117	2,456.70	1,533.00	923.70	123,361.45
118	2,456.70	1,544.34	912.36	121,817.12
119	2,456.70	1,555.76	900.94	120,261.36
120	2,456.70	1,567.27	889.43	118,694.09
121	2,456.70	1,578.86	877.84	117,115.23
122	2,456.70	1,590.53	866.16	115,524.70
123	2,456.70	1,602.30	854.40	113,922.40
124	2,456.70	1,614.15	842.55	112,308.25
125	2,456.70	1,626.09	830.61	110,682.16
126	2,456.70	1,638.11	818.59	109,044.05
127	2,456.70	1,650.23	806.47	107,393.82
128	2,456.70	1,662.43	794.27	105,731.39
129	2,456.70	1,674.73	781.97	104,056.66
130	2,456.70	1,687.11	769.59	102,369.55
131	2,456.70	1,699.59	757.11	100,669.96
132	2,456.70	1,712.16	744.54	98,957.80
133	2,456.70	1,724.82	731.88	97,232.97
134	2,456.70	1,737.58	719.12	95,495.39
135	2,456.70	1,750.43	706.27	93,744.96
136	2,456.70	1,763.38	693.32	91,981.58
137	2,456.70	1,776.42	680.28	90,205.16
138	2,456.70	1,789.56	667.14	88,415.61
139	2,456.70	1,802.79	653.91	86,612.81
140	2,456.70	1,816.13	640.57	84,796.69
141	2,456.70	1,829.56	627.14	82,967.13
142	2,456.70	1,843.09	613.61	81,124.04
143	2,456.70	1,856.72	599.98	79,267.32
144	2,456.70	1,870.45	586.25	77,396.87
145	2,456.70	1,884.29	572.41	75,512.58
146	2,456.70	1,898.22	558.48	73,614.36
147	2,456.70	1,912.26	544.44	71,702.10
148	2,456.70	1,926.40	530.30	69,775.70
149	2,456.70	1,940.65	516.05	67,835.05
150	2,456.70	1,955.00	501.70	65,880.05
151	2,456.70	1,969.46	487.24	63,910.59
152	2,456.70	1,984.03	472.67	61,926.56
153	2,456.70	1,998.70	458.00	59,927.86
154	2,456.70	2,013.48	443.22	57,914.37
155	2,456.70	2,028.37	428.33	55,886.00
156	2,456.70	2,043.38	413.32	53,842.62
157	2,456.70	2,058.49	398.21	51,784.14
158	2,456.70	2,073.71	382.99	49,710.42
159	2,456.70	2,089.05	367.65	47,621.37
160	2,456.70	2,104.50	352.20	45,516.87
161	2,456.70	2,120.06	336.64	43,396.81
162	2,456.70	2,135.74	320.96	41,261.07
163	2,456.70	2,151.54	305.16	39,109.53
164	2,456.70	2,167.45	289.25	36,942.07
165	2,456.70	2,183.48	273.22	34,758.59
166	2,456.70	2,199.63	257.07	32,558.96
167	2,456.70	2,215.90	240.80	30,343.06
168	2,456.70	2,232.29	224.41	28,110.77
169	2,456.70	2,248.80	207.90	25,861.98
170	2,456.70	2,265.43	191.27	23,596.55
171	2,456.70	2,282.18	174.52	21,314.37
172	2,456.70	2,299.06	157.64	19,015.30
173	2,456.70	2,316.07	140.63	16,699.24
174	2,456.70	2,333.19	123.50	14,366.04
175	2,456.70	2,350.45	106.25	12,015.59
176	2,456.70	2,367.83	88.87	9,647.76
177	2,456.70	2,385.35	71.35	7,262.41
178	2,456.70	2,402.99	53.71	4,859.42
179	2,456.70	2,420.76	35.94	2,438.66
180	2,456.70	2,438.66	18.04	0.00