Mortgage Loan of $388,000 for 15 Years at 5.50%
What's the payment on a 15 year home loan for $388k at 5.50% interest?
Results
Monthly payment: $3,170.28
$38,043 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 5.50 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 | 3,170.28 | 1,391.95 | 1,778.33 | 386,608.05 |
| 2 | 3,170.28 | 1,398.33 | 1,771.95 | 385,209.72 |
| 3 | 3,170.28 | 1,404.74 | 1,765.54 | 383,804.98 |
| 4 | 3,170.28 | 1,411.18 | 1,759.11 | 382,393.80 |
| 5 | 3,170.28 | 1,417.65 | 1,752.64 | 380,976.16 |
| 6 | 3,170.28 | 1,424.14 | 1,746.14 | 379,552.01 |
| 7 | 3,170.28 | 1,430.67 | 1,739.61 | 378,121.34 |
| 8 | 3,170.28 | 1,437.23 | 1,733.06 | 376,684.12 |
| 9 | 3,170.28 | 1,443.81 | 1,726.47 | 375,240.30 |
| 10 | 3,170.28 | 1,450.43 | 1,719.85 | 373,789.87 |
| 11 | 3,170.28 | 1,457.08 | 1,713.20 | 372,332.79 |
| 12 | 3,170.28 | 1,463.76 | 1,706.53 | 370,869.03 |
| 13 | 3,170.28 | 1,470.47 | 1,699.82 | 369,398.56 |
| 14 | 3,170.28 | 1,477.21 | 1,693.08 | 367,921.36 |
| 15 | 3,170.28 | 1,483.98 | 1,686.31 | 366,437.38 |
| 16 | 3,170.28 | 1,490.78 | 1,679.50 | 364,946.60 |
| 17 | 3,170.28 | 1,497.61 | 1,672.67 | 363,448.99 |
| 18 | 3,170.28 | 1,504.48 | 1,665.81 | 361,944.51 |
| 19 | 3,170.28 | 1,511.37 | 1,658.91 | 360,433.14 |
| 20 | 3,170.28 | 1,518.30 | 1,651.99 | 358,914.84 |
| 21 | 3,170.28 | 1,525.26 | 1,645.03 | 357,389.58 |
| 22 | 3,170.28 | 1,532.25 | 1,638.04 | 355,857.33 |
| 23 | 3,170.28 | 1,539.27 | 1,631.01 | 354,318.06 |
| 24 | 3,170.28 | 1,546.33 | 1,623.96 | 352,771.74 |
| 25 | 3,170.28 | 1,553.41 | 1,616.87 | 351,218.32 |
| 26 | 3,170.28 | 1,560.53 | 1,609.75 | 349,657.79 |
| 27 | 3,170.28 | 1,567.69 | 1,602.60 | 348,090.11 |
| 28 | 3,170.28 | 1,574.87 | 1,595.41 | 346,515.23 |
| 29 | 3,170.28 | 1,582.09 | 1,588.19 | 344,933.15 |
| 30 | 3,170.28 | 1,589.34 | 1,580.94 | 343,343.81 |
| 31 | 3,170.28 | 1,596.62 | 1,573.66 | 341,747.18 |
| 32 | 3,170.28 | 1,603.94 | 1,566.34 | 340,143.24 |
| 33 | 3,170.28 | 1,611.29 | 1,558.99 | 338,531.94 |
| 34 | 3,170.28 | 1,618.68 | 1,551.60 | 336,913.27 |
| 35 | 3,170.28 | 1,626.10 | 1,544.19 | 335,287.17 |
| 36 | 3,170.28 | 1,633.55 | 1,536.73 | 333,653.62 |
| 37 | 3,170.28 | 1,641.04 | 1,529.25 | 332,012.58 |
| 38 | 3,170.28 | 1,648.56 | 1,521.72 | 330,364.02 |
| 39 | 3,170.28 | 1,656.12 | 1,514.17 | 328,707.90 |
| 40 | 3,170.28 | 1,663.71 | 1,506.58 | 327,044.20 |
| 41 | 3,170.28 | 1,671.33 | 1,498.95 | 325,372.87 |
| 42 | 3,170.28 | 1,678.99 | 1,491.29 | 323,693.87 |
| 43 | 3,170.28 | 1,686.69 | 1,483.60 | 322,007.19 |
| 44 | 3,170.28 | 1,694.42 | 1,475.87 | 320,312.77 |
| 45 | 3,170.28 | 1,702.18 | 1,468.10 | 318,610.59 |
| 46 | 3,170.28 | 1,709.99 | 1,460.30 | 316,900.60 |
| 47 | 3,170.28 | 1,717.82 | 1,452.46 | 315,182.78 |
| 48 | 3,170.28 | 1,725.70 | 1,444.59 | 313,457.08 |
| 49 | 3,170.28 | 1,733.61 | 1,436.68 | 311,723.48 |
| 50 | 3,170.28 | 1,741.55 | 1,428.73 | 309,981.93 |
| 51 | 3,170.28 | 1,749.53 | 1,420.75 | 308,232.39 |
| 52 | 3,170.28 | 1,757.55 | 1,412.73 | 306,474.84 |
| 53 | 3,170.28 | 1,765.61 | 1,404.68 | 304,709.23 |
| 54 | 3,170.28 | 1,773.70 | 1,396.58 | 302,935.53 |
| 55 | 3,170.28 | 1,781.83 | 1,388.45 | 301,153.70 |
| 56 | 3,170.28 | 1,790.00 | 1,380.29 | 299,363.71 |
| 57 | 3,170.28 | 1,798.20 | 1,372.08 | 297,565.51 |
| 58 | 3,170.28 | 1,806.44 | 1,363.84 | 295,759.07 |
| 59 | 3,170.28 | 1,814.72 | 1,355.56 | 293,944.34 |
| 60 | 3,170.28 | 1,823.04 | 1,347.24 | 292,121.31 |
| 61 | 3,170.28 | 1,831.39 | 1,338.89 | 290,289.91 |
| 62 | 3,170.28 | 1,839.79 | 1,330.50 | 288,450.12 |
| 63 | 3,170.28 | 1,848.22 | 1,322.06 | 286,601.90 |
| 64 | 3,170.28 | 1,856.69 | 1,313.59 | 284,745.21 |
| 65 | 3,170.28 | 1,865.20 | 1,305.08 | 282,880.01 |
| 66 | 3,170.28 | 1,873.75 | 1,296.53 | 281,006.26 |
| 67 | 3,170.28 | 1,882.34 | 1,287.95 | 279,123.92 |
| 68 | 3,170.28 | 1,890.97 | 1,279.32 | 277,232.95 |
| 69 | 3,170.28 | 1,899.63 | 1,270.65 | 275,333.32 |
| 70 | 3,170.28 | 1,908.34 | 1,261.94 | 273,424.98 |
| 71 | 3,170.28 | 1,917.09 | 1,253.20 | 271,507.90 |
| 72 | 3,170.28 | 1,925.87 | 1,244.41 | 269,582.02 |
| 73 | 3,170.28 | 1,934.70 | 1,235.58 | 267,647.32 |
| 74 | 3,170.28 | 1,943.57 | 1,226.72 | 265,703.76 |
| 75 | 3,170.28 | 1,952.47 | 1,217.81 | 263,751.28 |
| 76 | 3,170.28 | 1,961.42 | 1,208.86 | 261,789.86 |
| 77 | 3,170.28 | 1,970.41 | 1,199.87 | 259,819.44 |
| 78 | 3,170.28 | 1,979.44 | 1,190.84 | 257,840.00 |
| 79 | 3,170.28 | 1,988.52 | 1,181.77 | 255,851.48 |
| 80 | 3,170.28 | 1,997.63 | 1,172.65 | 253,853.85 |
| 81 | 3,170.28 | 2,006.79 | 1,163.50 | 251,847.06 |
| 82 | 3,170.28 | 2,015.98 | 1,154.30 | 249,831.08 |
| 83 | 3,170.28 | 2,025.22 | 1,145.06 | 247,805.86 |
| 84 | 3,170.28 | 2,034.51 | 1,135.78 | 245,771.35 |
| 85 | 3,170.28 | 2,043.83 | 1,126.45 | 243,727.52 |
| 86 | 3,170.28 | 2,053.20 | 1,117.08 | 241,674.32 |
| 87 | 3,170.28 | 2,062.61 | 1,107.67 | 239,611.71 |
| 88 | 3,170.28 | 2,072.06 | 1,098.22 | 237,539.64 |
| 89 | 3,170.28 | 2,081.56 | 1,088.72 | 235,458.08 |
| 90 | 3,170.28 | 2,091.10 | 1,079.18 | 233,366.98 |
| 91 | 3,170.28 | 2,100.69 | 1,069.60 | 231,266.30 |
| 92 | 3,170.28 | 2,110.31 | 1,059.97 | 229,155.98 |
| 93 | 3,170.28 | 2,119.99 | 1,050.30 | 227,036.00 |
| 94 | 3,170.28 | 2,129.70 | 1,040.58 | 224,906.30 |
| 95 | 3,170.28 | 2,139.46 | 1,030.82 | 222,766.83 |
| 96 | 3,170.28 | 2,149.27 | 1,021.01 | 220,617.56 |
| 97 | 3,170.28 | 2,159.12 | 1,011.16 | 218,458.44 |
| 98 | 3,170.28 | 2,169.02 | 1,001.27 | 216,289.43 |
| 99 | 3,170.28 | 2,178.96 | 991.33 | 214,110.47 |
| 100 | 3,170.28 | 2,188.94 | 981.34 | 211,921.53 |
| 101 | 3,170.28 | 2,198.98 | 971.31 | 209,722.55 |
| 102 | 3,170.28 | 2,209.06 | 961.23 | 207,513.49 |
| 103 | 3,170.28 | 2,219.18 | 951.10 | 205,294.31 |
| 104 | 3,170.28 | 2,229.35 | 940.93 | 203,064.96 |
| 105 | 3,170.28 | 2,239.57 | 930.71 | 200,825.39 |
| 106 | 3,170.28 | 2,249.83 | 920.45 | 198,575.56 |
| 107 | 3,170.28 | 2,260.15 | 910.14 | 196,315.41 |
| 108 | 3,170.28 | 2,270.50 | 899.78 | 194,044.91 |
| 109 | 3,170.28 | 2,280.91 | 889.37 | 191,764.00 |
| 110 | 3,170.28 | 2,291.37 | 878.92 | 189,472.63 |
| 111 | 3,170.28 | 2,301.87 | 868.42 | 187,170.76 |
| 112 | 3,170.28 | 2,312.42 | 857.87 | 184,858.35 |
| 113 | 3,170.28 | 2,323.02 | 847.27 | 182,535.33 |
| 114 | 3,170.28 | 2,333.66 | 836.62 | 180,201.67 |
| 115 | 3,170.28 | 2,344.36 | 825.92 | 177,857.31 |
| 116 | 3,170.28 | 2,355.10 | 815.18 | 175,502.20 |
| 117 | 3,170.28 | 2,365.90 | 804.39 | 173,136.30 |
| 118 | 3,170.28 | 2,376.74 | 793.54 | 170,759.56 |
| 119 | 3,170.28 | 2,387.64 | 782.65 | 168,371.93 |
| 120 | 3,170.28 | 2,398.58 | 771.70 | 165,973.35 |
| 121 | 3,170.28 | 2,409.57 | 760.71 | 163,563.77 |
| 122 | 3,170.28 | 2,420.62 | 749.67 | 161,143.16 |
| 123 | 3,170.28 | 2,431.71 | 738.57 | 158,711.45 |
| 124 | 3,170.28 | 2,442.86 | 727.43 | 156,268.59 |
| 125 | 3,170.28 | 2,454.05 | 716.23 | 153,814.54 |
| 126 | 3,170.28 | 2,465.30 | 704.98 | 151,349.24 |
| 127 | 3,170.28 | 2,476.60 | 693.68 | 148,872.64 |
| 128 | 3,170.28 | 2,487.95 | 682.33 | 146,384.69 |
| 129 | 3,170.28 | 2,499.35 | 670.93 | 143,885.33 |
| 130 | 3,170.28 | 2,510.81 | 659.47 | 141,374.52 |
| 131 | 3,170.28 | 2,522.32 | 647.97 | 138,852.21 |
| 132 | 3,170.28 | 2,533.88 | 636.41 | 136,318.33 |
| 133 | 3,170.28 | 2,545.49 | 624.79 | 133,772.84 |
| 134 | 3,170.28 | 2,557.16 | 613.13 | 131,215.68 |
| 135 | 3,170.28 | 2,568.88 | 601.41 | 128,646.80 |
| 136 | 3,170.28 | 2,580.65 | 589.63 | 126,066.15 |
| 137 | 3,170.28 | 2,592.48 | 577.80 | 123,473.67 |
| 138 | 3,170.28 | 2,604.36 | 565.92 | 120,869.30 |
| 139 | 3,170.28 | 2,616.30 | 553.98 | 118,253.00 |
| 140 | 3,170.28 | 2,628.29 | 541.99 | 115,624.71 |
| 141 | 3,170.28 | 2,640.34 | 529.95 | 112,984.38 |
| 142 | 3,170.28 | 2,652.44 | 517.85 | 110,331.94 |
| 143 | 3,170.28 | 2,664.60 | 505.69 | 107,667.34 |
| 144 | 3,170.28 | 2,676.81 | 493.48 | 104,990.53 |
| 145 | 3,170.28 | 2,689.08 | 481.21 | 102,301.46 |
| 146 | 3,170.28 | 2,701.40 | 468.88 | 99,600.05 |
| 147 | 3,170.28 | 2,713.78 | 456.50 | 96,886.27 |
| 148 | 3,170.28 | 2,726.22 | 444.06 | 94,160.05 |
| 149 | 3,170.28 | 2,738.72 | 431.57 | 91,421.33 |
| 150 | 3,170.28 | 2,751.27 | 419.01 | 88,670.06 |
| 151 | 3,170.28 | 2,763.88 | 406.40 | 85,906.18 |
| 152 | 3,170.28 | 2,776.55 | 393.74 | 83,129.63 |
| 153 | 3,170.28 | 2,789.27 | 381.01 | 80,340.36 |
| 154 | 3,170.28 | 2,802.06 | 368.23 | 77,538.30 |
| 155 | 3,170.28 | 2,814.90 | 355.38 | 74,723.40 |
| 156 | 3,170.28 | 2,827.80 | 342.48 | 71,895.60 |
| 157 | 3,170.28 | 2,840.76 | 329.52 | 69,054.84 |
| 158 | 3,170.28 | 2,853.78 | 316.50 | 66,201.06 |
| 159 | 3,170.28 | 2,866.86 | 303.42 | 63,334.20 |
| 160 | 3,170.28 | 2,880.00 | 290.28 | 60,454.19 |
| 161 | 3,170.28 | 2,893.20 | 277.08 | 57,560.99 |
| 162 | 3,170.28 | 2,906.46 | 263.82 | 54,654.53 |
| 163 | 3,170.28 | 2,919.78 | 250.50 | 51,734.75 |
| 164 | 3,170.28 | 2,933.17 | 237.12 | 48,801.58 |
| 165 | 3,170.28 | 2,946.61 | 223.67 | 45,854.97 |
| 166 | 3,170.28 | 2,960.12 | 210.17 | 42,894.85 |
| 167 | 3,170.28 | 2,973.68 | 196.60 | 39,921.17 |
| 168 | 3,170.28 | 2,987.31 | 182.97 | 36,933.86 |
| 169 | 3,170.28 | 3,001.00 | 169.28 | 33,932.86 |
| 170 | 3,170.28 | 3,014.76 | 155.53 | 30,918.10 |
| 171 | 3,170.28 | 3,028.58 | 141.71 | 27,889.52 |
| 172 | 3,170.28 | 3,042.46 | 127.83 | 24,847.07 |
| 173 | 3,170.28 | 3,056.40 | 113.88 | 21,790.66 |
| 174 | 3,170.28 | 3,070.41 | 99.87 | 18,720.25 |
| 175 | 3,170.28 | 3,084.48 | 85.80 | 15,635.77 |
| 176 | 3,170.28 | 3,098.62 | 71.66 | 12,537.15 |
| 177 | 3,170.28 | 3,112.82 | 57.46 | 9,424.33 |
| 178 | 3,170.28 | 3,127.09 | 43.19 | 6,297.24 |
| 179 | 3,170.28 | 3,141.42 | 28.86 | 3,155.82 |
| 180 | 3,170.28 | 3,155.82 | 14.46 | 0.00 |