Mortgage Loan of $388,000 for 15 Years at 2.50%

What's the payment on a 15 year home loan for $388k at 2.50% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $2,587.14

$31,046 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $388k 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 388,000 loan for 15 years at 2.50 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	2,587.14	1,778.81	808.33	386,221.19
2	2,587.14	1,782.51	804.63	384,438.68
3	2,587.14	1,786.23	800.91	382,652.45
4	2,587.14	1,789.95	797.19	380,862.50
5	2,587.14	1,793.68	793.46	379,068.82
6	2,587.14	1,797.42	789.73	377,271.40
7	2,587.14	1,801.16	785.98	375,470.24
8	2,587.14	1,804.91	782.23	373,665.33
9	2,587.14	1,808.67	778.47	371,856.66
10	2,587.14	1,812.44	774.70	370,044.22
11	2,587.14	1,816.22	770.93	368,228.00
12	2,587.14	1,820.00	767.14	366,408.00
13	2,587.14	1,823.79	763.35	364,584.21
14	2,587.14	1,827.59	759.55	362,756.62
15	2,587.14	1,831.40	755.74	360,925.22
16	2,587.14	1,835.21	751.93	359,090.00
17	2,587.14	1,839.04	748.10	357,250.97
18	2,587.14	1,842.87	744.27	355,408.10
19	2,587.14	1,846.71	740.43	353,561.39
20	2,587.14	1,850.56	736.59	351,710.83
21	2,587.14	1,854.41	732.73	349,856.42
22	2,587.14	1,858.27	728.87	347,998.15
23	2,587.14	1,862.15	725.00	346,136.00
24	2,587.14	1,866.03	721.12	344,269.98
25	2,587.14	1,869.91	717.23	342,400.06
26	2,587.14	1,873.81	713.33	340,526.25
27	2,587.14	1,877.71	709.43	338,648.54
28	2,587.14	1,881.62	705.52	336,766.92
29	2,587.14	1,885.54	701.60	334,881.37
30	2,587.14	1,889.47	697.67	332,991.90
31	2,587.14	1,893.41	693.73	331,098.49
32	2,587.14	1,897.35	689.79	329,201.14
33	2,587.14	1,901.31	685.84	327,299.83
34	2,587.14	1,905.27	681.87	325,394.56
35	2,587.14	1,909.24	677.91	323,485.33
36	2,587.14	1,913.21	673.93	321,572.11
37	2,587.14	1,917.20	669.94	319,654.91
38	2,587.14	1,921.19	665.95	317,733.72
39	2,587.14	1,925.20	661.95	315,808.52
40	2,587.14	1,929.21	657.93	313,879.31
41	2,587.14	1,933.23	653.92	311,946.09
42	2,587.14	1,937.25	649.89	310,008.83
43	2,587.14	1,941.29	645.85	308,067.54
44	2,587.14	1,945.33	641.81	306,122.21
45	2,587.14	1,949.39	637.75	304,172.82
46	2,587.14	1,953.45	633.69	302,219.37
47	2,587.14	1,957.52	629.62	300,261.85
48	2,587.14	1,961.60	625.55	298,300.25
49	2,587.14	1,965.68	621.46	296,334.57
50	2,587.14	1,969.78	617.36	294,364.79
51	2,587.14	1,973.88	613.26	292,390.91
52	2,587.14	1,977.99	609.15	290,412.92
53	2,587.14	1,982.12	605.03	288,430.80
54	2,587.14	1,986.24	600.90	286,444.56
55	2,587.14	1,990.38	596.76	284,454.17
56	2,587.14	1,994.53	592.61	282,459.64
57	2,587.14	1,998.68	588.46	280,460.96
58	2,587.14	2,002.85	584.29	278,458.11
59	2,587.14	2,007.02	580.12	276,451.09
60	2,587.14	2,011.20	575.94	274,439.89
61	2,587.14	2,015.39	571.75	272,424.50
62	2,587.14	2,019.59	567.55	270,404.91
63	2,587.14	2,023.80	563.34	268,381.11
64	2,587.14	2,028.01	559.13	266,353.09
65	2,587.14	2,032.24	554.90	264,320.85
66	2,587.14	2,036.47	550.67	262,284.38
67	2,587.14	2,040.72	546.43	260,243.66
68	2,587.14	2,044.97	542.17	258,198.69
69	2,587.14	2,049.23	537.91	256,149.47
70	2,587.14	2,053.50	533.64	254,095.97
71	2,587.14	2,057.78	529.37	252,038.19
72	2,587.14	2,062.06	525.08	249,976.13
73	2,587.14	2,066.36	520.78	247,909.77
74	2,587.14	2,070.66	516.48	245,839.11
75	2,587.14	2,074.98	512.16	243,764.13
76	2,587.14	2,079.30	507.84	241,684.83
77	2,587.14	2,083.63	503.51	239,601.20
78	2,587.14	2,087.97	499.17	237,513.23
79	2,587.14	2,092.32	494.82	235,420.90
80	2,587.14	2,096.68	490.46	233,324.22
81	2,587.14	2,101.05	486.09	231,223.17
82	2,587.14	2,105.43	481.71	229,117.74
83	2,587.14	2,109.81	477.33	227,007.93
84	2,587.14	2,114.21	472.93	224,893.72
85	2,587.14	2,118.61	468.53	222,775.11
86	2,587.14	2,123.03	464.11	220,652.08
87	2,587.14	2,127.45	459.69	218,524.63
88	2,587.14	2,131.88	455.26	216,392.75
89	2,587.14	2,136.32	450.82	214,256.42
90	2,587.14	2,140.77	446.37	212,115.65
91	2,587.14	2,145.23	441.91	209,970.41
92	2,587.14	2,149.70	437.44	207,820.71
93	2,587.14	2,154.18	432.96	205,666.53
94	2,587.14	2,158.67	428.47	203,507.86
95	2,587.14	2,163.17	423.97	201,344.69
96	2,587.14	2,167.67	419.47	199,177.02
97	2,587.14	2,172.19	414.95	197,004.83
98	2,587.14	2,176.72	410.43	194,828.11
99	2,587.14	2,181.25	405.89	192,646.86
100	2,587.14	2,185.79	401.35	190,461.07
101	2,587.14	2,190.35	396.79	188,270.72
102	2,587.14	2,194.91	392.23	186,075.81
103	2,587.14	2,199.48	387.66	183,876.32
104	2,587.14	2,204.07	383.08	181,672.26
105	2,587.14	2,208.66	378.48	179,463.60
106	2,587.14	2,213.26	373.88	177,250.34
107	2,587.14	2,217.87	369.27	175,032.47
108	2,587.14	2,222.49	364.65	172,809.98
109	2,587.14	2,227.12	360.02	170,582.86
110	2,587.14	2,231.76	355.38	168,351.09
111	2,587.14	2,236.41	350.73	166,114.68
112	2,587.14	2,241.07	346.07	163,873.61
113	2,587.14	2,245.74	341.40	161,627.87
114	2,587.14	2,250.42	336.72	159,377.46
115	2,587.14	2,255.11	332.04	157,122.35
116	2,587.14	2,259.80	327.34	154,862.55
117	2,587.14	2,264.51	322.63	152,598.04
118	2,587.14	2,269.23	317.91	150,328.81
119	2,587.14	2,273.96	313.19	148,054.85
120	2,587.14	2,278.69	308.45	145,776.15
121	2,587.14	2,283.44	303.70	143,492.71
122	2,587.14	2,288.20	298.94	141,204.51
123	2,587.14	2,292.97	294.18	138,911.55
124	2,587.14	2,297.74	289.40	136,613.80
125	2,587.14	2,302.53	284.61	134,311.27
126	2,587.14	2,307.33	279.82	132,003.95
127	2,587.14	2,312.13	275.01	129,691.81
128	2,587.14	2,316.95	270.19	127,374.86
129	2,587.14	2,321.78	265.36	125,053.09
130	2,587.14	2,326.61	260.53	122,726.47
131	2,587.14	2,331.46	255.68	120,395.01
132	2,587.14	2,336.32	250.82	118,058.69
133	2,587.14	2,341.19	245.96	115,717.50
134	2,587.14	2,346.06	241.08	113,371.44
135	2,587.14	2,350.95	236.19	111,020.49
136	2,587.14	2,355.85	231.29	108,664.64
137	2,587.14	2,360.76	226.38	106,303.88
138	2,587.14	2,365.68	221.47	103,938.20
139	2,587.14	2,370.60	216.54	101,567.60
140	2,587.14	2,375.54	211.60	99,192.06
141	2,587.14	2,380.49	206.65	96,811.57
142	2,587.14	2,385.45	201.69	94,426.11
143	2,587.14	2,390.42	196.72	92,035.69
144	2,587.14	2,395.40	191.74	89,640.29
145	2,587.14	2,400.39	186.75	87,239.90
146	2,587.14	2,405.39	181.75	84,834.51
147	2,587.14	2,410.40	176.74	82,424.10
148	2,587.14	2,415.43	171.72	80,008.68
149	2,587.14	2,420.46	166.68	77,588.22
150	2,587.14	2,425.50	161.64	75,162.72
151	2,587.14	2,430.55	156.59	72,732.17
152	2,587.14	2,435.62	151.53	70,296.55
153	2,587.14	2,440.69	146.45	67,855.86
154	2,587.14	2,445.78	141.37	65,410.08
155	2,587.14	2,450.87	136.27	62,959.21
156	2,587.14	2,455.98	131.17	60,503.24
157	2,587.14	2,461.09	126.05	58,042.14
158	2,587.14	2,466.22	120.92	55,575.92
159	2,587.14	2,471.36	115.78	53,104.56
160	2,587.14	2,476.51	110.63	50,628.06
161	2,587.14	2,481.67	105.48	48,146.39
162	2,587.14	2,486.84	100.30	45,659.55
163	2,587.14	2,492.02	95.12	43,167.53
164	2,587.14	2,497.21	89.93	40,670.32
165	2,587.14	2,502.41	84.73	38,167.91
166	2,587.14	2,507.63	79.52	35,660.29
167	2,587.14	2,512.85	74.29	33,147.44
168	2,587.14	2,518.08	69.06	30,629.35
169	2,587.14	2,523.33	63.81	28,106.02
170	2,587.14	2,528.59	58.55	25,577.43
171	2,587.14	2,533.86	53.29	23,043.58
172	2,587.14	2,539.13	48.01	20,504.44
173	2,587.14	2,544.42	42.72	17,960.02
174	2,587.14	2,549.73	37.42	15,410.29
175	2,587.14	2,555.04	32.10	12,855.25
176	2,587.14	2,560.36	26.78	10,294.89
177	2,587.14	2,565.69	21.45	7,729.20
178	2,587.14	2,571.04	16.10	5,158.16
179	2,587.14	2,576.40	10.75	2,581.76
180	2,587.14	2,581.76	5.38	0.00