Mortgage Loan of $388,000 for 15 Years at 4.875%

What's the payment on a 15 year home loan for $388k at 4.875% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $3,043.07
$36,517 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 4.875 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 3,043.07 1,466.82 1,576.25 386,533.18
2 3,043.07 1,472.78 1,570.29 385,060.39
3 3,043.07 1,478.77 1,564.31 383,581.63
4 3,043.07 1,484.77 1,558.30 382,096.85
5 3,043.07 1,490.81 1,552.27 380,606.05
6 3,043.07 1,496.86 1,546.21 379,109.19
7 3,043.07 1,502.94 1,540.13 377,606.24
8 3,043.07 1,509.05 1,534.03 376,097.19
9 3,043.07 1,515.18 1,527.89 374,582.01
10 3,043.07 1,521.33 1,521.74 373,060.68
11 3,043.07 1,527.52 1,515.56 371,533.17
12 3,043.07 1,533.72 1,509.35 369,999.44
13 3,043.07 1,539.95 1,503.12 368,459.49
14 3,043.07 1,546.21 1,496.87 366,913.29
15 3,043.07 1,552.49 1,490.59 365,360.80
16 3,043.07 1,558.80 1,484.28 363,802.00
17 3,043.07 1,565.13 1,477.95 362,236.87
18 3,043.07 1,571.49 1,471.59 360,665.39
19 3,043.07 1,577.87 1,465.20 359,087.52
20 3,043.07 1,584.28 1,458.79 357,503.23
21 3,043.07 1,590.72 1,452.36 355,912.52
22 3,043.07 1,597.18 1,445.89 354,315.34
23 3,043.07 1,603.67 1,439.41 352,711.67
24 3,043.07 1,610.18 1,432.89 351,101.49
25 3,043.07 1,616.72 1,426.35 349,484.76
26 3,043.07 1,623.29 1,419.78 347,861.47
27 3,043.07 1,629.89 1,413.19 346,231.58
28 3,043.07 1,636.51 1,406.57 344,595.08
29 3,043.07 1,643.16 1,399.92 342,951.92
30 3,043.07 1,649.83 1,393.24 341,302.09
31 3,043.07 1,656.53 1,386.54 339,645.55
32 3,043.07 1,663.26 1,379.81 337,982.29
33 3,043.07 1,670.02 1,373.05 336,312.27
34 3,043.07 1,676.81 1,366.27 334,635.46
35 3,043.07 1,683.62 1,359.46 332,951.84
36 3,043.07 1,690.46 1,352.62 331,261.39
37 3,043.07 1,697.32 1,345.75 329,564.06
38 3,043.07 1,704.22 1,338.85 327,859.84
39 3,043.07 1,711.14 1,331.93 326,148.70
40 3,043.07 1,718.09 1,324.98 324,430.60
41 3,043.07 1,725.07 1,318.00 322,705.53
42 3,043.07 1,732.08 1,310.99 320,973.45
43 3,043.07 1,739.12 1,303.95 319,234.33
44 3,043.07 1,746.18 1,296.89 317,488.14
45 3,043.07 1,753.28 1,289.80 315,734.86
46 3,043.07 1,760.40 1,282.67 313,974.46
47 3,043.07 1,767.55 1,275.52 312,206.91
48 3,043.07 1,774.73 1,268.34 310,432.18
49 3,043.07 1,781.94 1,261.13 308,650.23
50 3,043.07 1,789.18 1,253.89 306,861.05
51 3,043.07 1,796.45 1,246.62 305,064.60
52 3,043.07 1,803.75 1,239.32 303,260.85
53 3,043.07 1,811.08 1,232.00 301,449.77
54 3,043.07 1,818.43 1,224.64 299,631.34
55 3,043.07 1,825.82 1,217.25 297,805.52
56 3,043.07 1,833.24 1,209.83 295,972.28
57 3,043.07 1,840.69 1,202.39 294,131.59
58 3,043.07 1,848.16 1,194.91 292,283.43
59 3,043.07 1,855.67 1,187.40 290,427.76
60 3,043.07 1,863.21 1,179.86 288,564.54
61 3,043.07 1,870.78 1,172.29 286,693.76
62 3,043.07 1,878.38 1,164.69 284,815.38
63 3,043.07 1,886.01 1,157.06 282,929.37
64 3,043.07 1,893.67 1,149.40 281,035.70
65 3,043.07 1,901.37 1,141.71 279,134.33
66 3,043.07 1,909.09 1,133.98 277,225.24
67 3,043.07 1,916.85 1,126.23 275,308.39
68 3,043.07 1,924.63 1,118.44 273,383.76
69 3,043.07 1,932.45 1,110.62 271,451.31
70 3,043.07 1,940.30 1,102.77 269,511.01
71 3,043.07 1,948.19 1,094.89 267,562.82
72 3,043.07 1,956.10 1,086.97 265,606.72
73 3,043.07 1,964.05 1,079.03 263,642.67
74 3,043.07 1,972.03 1,071.05 261,670.65
75 3,043.07 1,980.04 1,063.04 259,690.61
76 3,043.07 1,988.08 1,054.99 257,702.53
77 3,043.07 1,996.16 1,046.92 255,706.37
78 3,043.07 2,004.27 1,038.81 253,702.11
79 3,043.07 2,012.41 1,030.66 251,689.70
80 3,043.07 2,020.58 1,022.49 249,669.11
81 3,043.07 2,028.79 1,014.28 247,640.32
82 3,043.07 2,037.04 1,006.04 245,603.28
83 3,043.07 2,045.31 997.76 243,557.97
84 3,043.07 2,053.62 989.45 241,504.35
85 3,043.07 2,061.96 981.11 239,442.39
86 3,043.07 2,070.34 972.73 237,372.05
87 3,043.07 2,078.75 964.32 235,293.30
88 3,043.07 2,087.19 955.88 233,206.11
89 3,043.07 2,095.67 947.40 231,110.43
90 3,043.07 2,104.19 938.89 229,006.24
91 3,043.07 2,112.74 930.34 226,893.51
92 3,043.07 2,121.32 921.75 224,772.19
93 3,043.07 2,129.94 913.14 222,642.25
94 3,043.07 2,138.59 904.48 220,503.66
95 3,043.07 2,147.28 895.80 218,356.38
96 3,043.07 2,156.00 887.07 216,200.38
97 3,043.07 2,164.76 878.31 214,035.62
98 3,043.07 2,173.55 869.52 211,862.07
99 3,043.07 2,182.38 860.69 209,679.68
100 3,043.07 2,191.25 851.82 207,488.43
101 3,043.07 2,200.15 842.92 205,288.28
102 3,043.07 2,209.09 833.98 203,079.19
103 3,043.07 2,218.06 825.01 200,861.13
104 3,043.07 2,227.08 816.00 198,634.05
105 3,043.07 2,236.12 806.95 196,397.93
106 3,043.07 2,245.21 797.87 194,152.72
107 3,043.07 2,254.33 788.75 191,898.39
108 3,043.07 2,263.49 779.59 189,634.90
109 3,043.07 2,272.68 770.39 187,362.22
110 3,043.07 2,281.92 761.16 185,080.31
111 3,043.07 2,291.19 751.89 182,789.12
112 3,043.07 2,300.49 742.58 180,488.63
113 3,043.07 2,309.84 733.24 178,178.79
114 3,043.07 2,319.22 723.85 175,859.57
115 3,043.07 2,328.64 714.43 173,530.92
116 3,043.07 2,338.10 704.97 171,192.82
117 3,043.07 2,347.60 695.47 168,845.21
118 3,043.07 2,357.14 685.93 166,488.07
119 3,043.07 2,366.72 676.36 164,121.36
120 3,043.07 2,376.33 666.74 161,745.03
121 3,043.07 2,385.98 657.09 159,359.04
122 3,043.07 2,395.68 647.40 156,963.36
123 3,043.07 2,405.41 637.66 154,557.95
124 3,043.07 2,415.18 627.89 152,142.77
125 3,043.07 2,424.99 618.08 149,717.78
126 3,043.07 2,434.85 608.23 147,282.93
127 3,043.07 2,444.74 598.34 144,838.19
128 3,043.07 2,454.67 588.41 142,383.53
129 3,043.07 2,464.64 578.43 139,918.88
130 3,043.07 2,474.65 568.42 137,444.23
131 3,043.07 2,484.71 558.37 134,959.52
132 3,043.07 2,494.80 548.27 132,464.72
133 3,043.07 2,504.94 538.14 129,959.79
134 3,043.07 2,515.11 527.96 127,444.67
135 3,043.07 2,525.33 517.74 124,919.34
136 3,043.07 2,535.59 507.48 122,383.75
137 3,043.07 2,545.89 497.18 119,837.86
138 3,043.07 2,556.23 486.84 117,281.63
139 3,043.07 2,566.62 476.46 114,715.01
140 3,043.07 2,577.04 466.03 112,137.97
141 3,043.07 2,587.51 455.56 109,550.46
142 3,043.07 2,598.03 445.05 106,952.43
143 3,043.07 2,608.58 434.49 104,343.85
144 3,043.07 2,619.18 423.90 101,724.67
145 3,043.07 2,629.82 413.26 99,094.86
146 3,043.07 2,640.50 402.57 96,454.36
147 3,043.07 2,651.23 391.85 93,803.13
148 3,043.07 2,662.00 381.08 91,141.13
149 3,043.07 2,672.81 370.26 88,468.32
150 3,043.07 2,683.67 359.40 85,784.64
151 3,043.07 2,694.57 348.50 83,090.07
152 3,043.07 2,705.52 337.55 80,384.55
153 3,043.07 2,716.51 326.56 77,668.04
154 3,043.07 2,727.55 315.53 74,940.49
155 3,043.07 2,738.63 304.45 72,201.86
156 3,043.07 2,749.75 293.32 69,452.11
157 3,043.07 2,760.92 282.15 66,691.18
158 3,043.07 2,772.14 270.93 63,919.04
159 3,043.07 2,783.40 259.67 61,135.64
160 3,043.07 2,794.71 248.36 58,340.93
161 3,043.07 2,806.06 237.01 55,534.86
162 3,043.07 2,817.46 225.61 52,717.40
163 3,043.07 2,828.91 214.16 49,888.49
164 3,043.07 2,840.40 202.67 47,048.09
165 3,043.07 2,851.94 191.13 44,196.15
166 3,043.07 2,863.53 179.55 41,332.62
167 3,043.07 2,875.16 167.91 38,457.46
168 3,043.07 2,886.84 156.23 35,570.62
169 3,043.07 2,898.57 144.51 32,672.05
170 3,043.07 2,910.34 132.73 29,761.71
171 3,043.07 2,922.17 120.91 26,839.54
172 3,043.07 2,934.04 109.04 23,905.50
173 3,043.07 2,945.96 97.12 20,959.54
174 3,043.07 2,957.93 85.15 18,001.62
175 3,043.07 2,969.94 73.13 15,031.68
176 3,043.07 2,982.01 61.07 12,049.67
177 3,043.07 2,994.12 48.95 9,055.55
178 3,043.07 3,006.29 36.79 6,049.26
179 3,043.07 3,018.50 24.58 3,030.76
180 3,043.07 3,030.76 12.31 0.00