Mortgage Loan of $348,000 for 15 Years at 8.875%

What's the payment on a 15 year home loan for $348k at 8.875% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $3,503.82

$42,046 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $348k 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 348,000 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	3,503.82	930.07	2,573.75	347,069.93
2	3,503.82	936.95	2,566.87	346,132.99
3	3,503.82	943.88	2,559.94	345,189.11
4	3,503.82	950.86	2,552.96	344,238.25
5	3,503.82	957.89	2,545.93	343,280.37
6	3,503.82	964.97	2,538.84	342,315.39
7	3,503.82	972.11	2,531.71	341,343.28
8	3,503.82	979.30	2,524.52	340,363.98
9	3,503.82	986.54	2,517.28	339,377.44
10	3,503.82	993.84	2,509.98	338,383.60
11	3,503.82	1,001.19	2,502.63	337,382.41
12	3,503.82	1,008.59	2,495.22	336,373.82
13	3,503.82	1,016.05	2,487.76	335,357.77
14	3,503.82	1,023.57	2,480.25	334,334.20
15	3,503.82	1,031.14	2,472.68	333,303.06
16	3,503.82	1,038.76	2,465.05	332,264.30
17	3,503.82	1,046.45	2,457.37	331,217.85
18	3,503.82	1,054.19	2,449.63	330,163.67
19	3,503.82	1,061.98	2,441.84	329,101.69
20	3,503.82	1,069.84	2,433.98	328,031.85
21	3,503.82	1,077.75	2,426.07	326,954.10
22	3,503.82	1,085.72	2,418.10	325,868.38
23	3,503.82	1,093.75	2,410.07	324,774.63
24	3,503.82	1,101.84	2,401.98	323,672.80
25	3,503.82	1,109.99	2,393.83	322,562.81
26	3,503.82	1,118.20	2,385.62	321,444.61
27	3,503.82	1,126.47	2,377.35	320,318.15
28	3,503.82	1,134.80	2,369.02	319,183.35
29	3,503.82	1,143.19	2,360.63	318,040.16
30	3,503.82	1,151.65	2,352.17	316,888.51
31	3,503.82	1,160.16	2,343.65	315,728.35
32	3,503.82	1,168.74	2,335.07	314,559.61
33	3,503.82	1,177.39	2,326.43	313,382.22
34	3,503.82	1,186.09	2,317.72	312,196.12
35	3,503.82	1,194.87	2,308.95	311,001.26
36	3,503.82	1,203.70	2,300.11	309,797.55
37	3,503.82	1,212.61	2,291.21	308,584.95
38	3,503.82	1,221.57	2,282.24	307,363.37
39	3,503.82	1,230.61	2,273.21	306,132.76
40	3,503.82	1,239.71	2,264.11	304,893.05
41	3,503.82	1,248.88	2,254.94	303,644.17
42	3,503.82	1,258.12	2,245.70	302,386.06
43	3,503.82	1,267.42	2,236.40	301,118.64
44	3,503.82	1,276.79	2,227.02	299,841.84
45	3,503.82	1,286.24	2,217.58	298,555.61
46	3,503.82	1,295.75	2,208.07	297,259.86
47	3,503.82	1,305.33	2,198.48	295,954.52
48	3,503.82	1,314.99	2,188.83	294,639.54
49	3,503.82	1,324.71	2,179.10	293,314.82
50	3,503.82	1,334.51	2,169.31	291,980.31
51	3,503.82	1,344.38	2,159.44	290,635.93
52	3,503.82	1,354.32	2,149.49	289,281.61
53	3,503.82	1,364.34	2,139.48	287,917.27
54	3,503.82	1,374.43	2,129.39	286,542.84
55	3,503.82	1,384.59	2,119.22	285,158.25
56	3,503.82	1,394.83	2,108.98	283,763.41
57	3,503.82	1,405.15	2,098.67	282,358.26
58	3,503.82	1,415.54	2,088.27	280,942.72
59	3,503.82	1,426.01	2,077.81	279,516.71
60	3,503.82	1,436.56	2,067.26	278,080.15
61	3,503.82	1,447.18	2,056.63	276,632.97
62	3,503.82	1,457.89	2,045.93	275,175.08
63	3,503.82	1,468.67	2,035.15	273,706.41
64	3,503.82	1,479.53	2,024.29	272,226.88
65	3,503.82	1,490.47	2,013.34	270,736.41
66	3,503.82	1,501.50	2,002.32	269,234.92
67	3,503.82	1,512.60	1,991.22	267,722.31
68	3,503.82	1,523.79	1,980.03	266,198.53
69	3,503.82	1,535.06	1,968.76	264,663.47
70	3,503.82	1,546.41	1,957.41	263,117.06
71	3,503.82	1,557.85	1,945.97	261,559.21
72	3,503.82	1,569.37	1,934.45	259,989.84
73	3,503.82	1,580.98	1,922.84	258,408.87
74	3,503.82	1,592.67	1,911.15	256,816.20
75	3,503.82	1,604.45	1,899.37	255,211.75
76	3,503.82	1,616.31	1,887.50	253,595.44
77	3,503.82	1,628.27	1,875.55	251,967.17
78	3,503.82	1,640.31	1,863.51	250,326.86
79	3,503.82	1,652.44	1,851.38	248,674.42
80	3,503.82	1,664.66	1,839.15	247,009.75
81	3,503.82	1,676.97	1,826.84	245,332.78
82	3,503.82	1,689.38	1,814.44	243,643.40
83	3,503.82	1,701.87	1,801.95	241,941.53
84	3,503.82	1,714.46	1,789.36	240,227.07
85	3,503.82	1,727.14	1,776.68	238,499.93
86	3,503.82	1,739.91	1,763.91	236,760.02
87	3,503.82	1,752.78	1,751.04	235,007.24
88	3,503.82	1,765.74	1,738.07	233,241.50
89	3,503.82	1,778.80	1,725.02	231,462.70
90	3,503.82	1,791.96	1,711.86	229,670.74
91	3,503.82	1,805.21	1,698.61	227,865.53
92	3,503.82	1,818.56	1,685.26	226,046.97
93	3,503.82	1,832.01	1,671.81	224,214.96
94	3,503.82	1,845.56	1,658.26	222,369.39
95	3,503.82	1,859.21	1,644.61	220,510.18
96	3,503.82	1,872.96	1,630.86	218,637.22
97	3,503.82	1,886.81	1,617.00	216,750.41
98	3,503.82	1,900.77	1,603.05	214,849.64
99	3,503.82	1,914.83	1,588.99	212,934.82
100	3,503.82	1,928.99	1,574.83	211,005.83
101	3,503.82	1,943.25	1,560.56	209,062.58
102	3,503.82	1,957.63	1,546.19	207,104.95
103	3,503.82	1,972.10	1,531.71	205,132.85
104	3,503.82	1,986.69	1,517.13	203,146.16
105	3,503.82	2,001.38	1,502.44	201,144.78
106	3,503.82	2,016.18	1,487.63	199,128.59
107	3,503.82	2,031.10	1,472.72	197,097.50
108	3,503.82	2,046.12	1,457.70	195,051.38
109	3,503.82	2,061.25	1,442.57	192,990.13
110	3,503.82	2,076.49	1,427.32	190,913.64
111	3,503.82	2,091.85	1,411.97	188,821.78
112	3,503.82	2,107.32	1,396.49	186,714.46
113	3,503.82	2,122.91	1,380.91	184,591.55
114	3,503.82	2,138.61	1,365.21	182,452.94
115	3,503.82	2,154.43	1,349.39	180,298.52
116	3,503.82	2,170.36	1,333.46	178,128.16
117	3,503.82	2,186.41	1,317.41	175,941.75
118	3,503.82	2,202.58	1,301.24	173,739.17
119	3,503.82	2,218.87	1,284.95	171,520.29
120	3,503.82	2,235.28	1,268.54	169,285.01
121	3,503.82	2,251.81	1,252.00	167,033.20
122	3,503.82	2,268.47	1,235.35	164,764.73
123	3,503.82	2,285.24	1,218.57	162,479.49
124	3,503.82	2,302.15	1,201.67	160,177.34
125	3,503.82	2,319.17	1,184.64	157,858.17
126	3,503.82	2,336.32	1,167.49	155,521.84
127	3,503.82	2,353.60	1,150.21	153,168.24
128	3,503.82	2,371.01	1,132.81	150,797.23
129	3,503.82	2,388.55	1,115.27	148,408.68
130	3,503.82	2,406.21	1,097.61	146,002.47
131	3,503.82	2,424.01	1,079.81	143,578.46
132	3,503.82	2,441.94	1,061.88	141,136.53
133	3,503.82	2,460.00	1,043.82	138,676.53
134	3,503.82	2,478.19	1,025.63	136,198.34
135	3,503.82	2,496.52	1,007.30	133,701.83
136	3,503.82	2,514.98	988.84	131,186.85
137	3,503.82	2,533.58	970.24	128,653.26
138	3,503.82	2,552.32	951.50	126,100.94
139	3,503.82	2,571.20	932.62	123,529.75
140	3,503.82	2,590.21	913.61	120,939.54
141	3,503.82	2,609.37	894.45	118,330.17
142	3,503.82	2,628.67	875.15	115,701.50
143	3,503.82	2,648.11	855.71	113,053.39
144	3,503.82	2,667.69	836.12	110,385.70
145	3,503.82	2,687.42	816.39	107,698.28
146	3,503.82	2,707.30	796.52	104,990.98
147	3,503.82	2,727.32	776.50	102,263.66
148	3,503.82	2,747.49	756.32	99,516.16
149	3,503.82	2,767.81	736.00	96,748.35
150	3,503.82	2,788.28	715.53	93,960.07
151	3,503.82	2,808.90	694.91	91,151.16
152	3,503.82	2,829.68	674.14	88,321.49
153	3,503.82	2,850.61	653.21	85,470.88
154	3,503.82	2,871.69	632.13	82,599.19
155	3,503.82	2,892.93	610.89	79,706.26
156	3,503.82	2,914.32	589.49	76,791.94
157	3,503.82	2,935.88	567.94	73,856.06
158	3,503.82	2,957.59	546.23	70,898.47
159	3,503.82	2,979.46	524.35	67,919.01
160	3,503.82	3,001.50	502.32	64,917.51
161	3,503.82	3,023.70	480.12	61,893.81
162	3,503.82	3,046.06	457.76	58,847.75
163	3,503.82	3,068.59	435.23	55,779.16
164	3,503.82	3,091.28	412.53	52,687.88
165	3,503.82	3,114.15	389.67	49,573.73
166	3,503.82	3,137.18	366.64	46,436.55
167	3,503.82	3,160.38	343.44	43,276.17
168	3,503.82	3,183.75	320.06	40,092.42
169	3,503.82	3,207.30	296.52	36,885.12
170	3,503.82	3,231.02	272.80	33,654.09
171	3,503.82	3,254.92	248.90	30,399.18
172	3,503.82	3,278.99	224.83	27,120.19
173	3,503.82	3,303.24	200.58	23,816.95
174	3,503.82	3,327.67	176.15	20,489.27
175	3,503.82	3,352.28	151.54	17,136.99
176	3,503.82	3,377.08	126.74	13,759.92
177	3,503.82	3,402.05	101.77	10,357.87
178	3,503.82	3,427.21	76.61	6,930.65
179	3,503.82	3,452.56	51.26	3,478.09
180	3,503.82	3,478.09	25.72	0.00