Mortgage Loan of $388,000 for 15 Years at 6.875%

What's the payment on a 15 year home loan for $388k at 6.875% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $3,460.39

$41,525 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 6.875 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	3,460.39	1,237.48	2,222.92	386,762.52
2	3,460.39	1,244.57	2,215.83	385,517.95
3	3,460.39	1,251.70	2,208.70	384,266.26
4	3,460.39	1,258.87	2,201.53	383,007.39
5	3,460.39	1,266.08	2,194.31	381,741.30
6	3,460.39	1,273.34	2,187.06	380,467.97
7	3,460.39	1,280.63	2,179.76	379,187.34
8	3,460.39	1,287.97	2,172.43	377,899.37
9	3,460.39	1,295.35	2,165.05	376,604.03
10	3,460.39	1,302.77	2,157.63	375,301.26
11	3,460.39	1,310.23	2,150.16	373,991.03
12	3,460.39	1,317.74	2,142.66	372,673.29
13	3,460.39	1,325.29	2,135.11	371,348.00
14	3,460.39	1,332.88	2,127.51	370,015.12
15	3,460.39	1,340.52	2,119.88	368,674.60
16	3,460.39	1,348.20	2,112.20	367,326.41
17	3,460.39	1,355.92	2,104.47	365,970.49
18	3,460.39	1,363.69	2,096.71	364,606.80
19	3,460.39	1,371.50	2,088.89	363,235.30
20	3,460.39	1,379.36	2,081.04	361,855.94
21	3,460.39	1,387.26	2,073.13	360,468.68
22	3,460.39	1,395.21	2,065.19	359,073.47
23	3,460.39	1,403.20	2,057.19	357,670.26
24	3,460.39	1,411.24	2,049.15	356,259.02
25	3,460.39	1,419.33	2,041.07	354,839.69
26	3,460.39	1,427.46	2,032.94	353,412.23
27	3,460.39	1,435.64	2,024.76	351,976.60
28	3,460.39	1,443.86	2,016.53	350,532.73
29	3,460.39	1,452.13	2,008.26	349,080.60
30	3,460.39	1,460.45	1,999.94	347,620.15
31	3,460.39	1,468.82	1,991.57	346,151.33
32	3,460.39	1,477.24	1,983.16	344,674.09
33	3,460.39	1,485.70	1,974.70	343,188.39
34	3,460.39	1,494.21	1,966.18	341,694.18
35	3,460.39	1,502.77	1,957.62	340,191.41
36	3,460.39	1,511.38	1,949.01	338,680.02
37	3,460.39	1,520.04	1,940.35	337,159.98
38	3,460.39	1,528.75	1,931.65	335,631.24
39	3,460.39	1,537.51	1,922.89	334,093.73
40	3,460.39	1,546.32	1,914.08	332,547.41
41	3,460.39	1,555.18	1,905.22	330,992.24
42	3,460.39	1,564.09	1,896.31	329,428.15
43	3,460.39	1,573.05	1,887.35	327,855.10
44	3,460.39	1,582.06	1,878.34	326,273.05
45	3,460.39	1,591.12	1,869.27	324,681.92
46	3,460.39	1,600.24	1,860.16	323,081.69
47	3,460.39	1,609.41	1,850.99	321,472.28
48	3,460.39	1,618.63	1,841.77	319,853.65
49	3,460.39	1,627.90	1,832.49	318,225.75
50	3,460.39	1,637.23	1,823.17	316,588.53
51	3,460.39	1,646.61	1,813.79	314,941.92
52	3,460.39	1,656.04	1,804.35	313,285.88
53	3,460.39	1,665.53	1,794.87	311,620.35
54	3,460.39	1,675.07	1,785.32	309,945.28
55	3,460.39	1,684.67	1,775.73	308,260.62
56	3,460.39	1,694.32	1,766.08	306,566.30
57	3,460.39	1,704.03	1,756.37	304,862.27
58	3,460.39	1,713.79	1,746.61	303,148.49
59	3,460.39	1,723.61	1,736.79	301,424.88
60	3,460.39	1,733.48	1,726.91	299,691.40
61	3,460.39	1,743.41	1,716.98	297,947.98
62	3,460.39	1,753.40	1,706.99	296,194.58
63	3,460.39	1,763.45	1,696.95	294,431.14
64	3,460.39	1,773.55	1,686.85	292,657.59
65	3,460.39	1,783.71	1,676.68	290,873.88
66	3,460.39	1,793.93	1,666.46	289,079.95
67	3,460.39	1,804.21	1,656.19	287,275.74
68	3,460.39	1,814.54	1,645.85	285,461.19
69	3,460.39	1,824.94	1,635.45	283,636.25
70	3,460.39	1,835.40	1,625.00	281,800.86
71	3,460.39	1,845.91	1,614.48	279,954.95
72	3,460.39	1,856.49	1,603.91	278,098.46
73	3,460.39	1,867.12	1,593.27	276,231.34
74	3,460.39	1,877.82	1,582.58	274,353.52
75	3,460.39	1,888.58	1,571.82	272,464.94
76	3,460.39	1,899.40	1,561.00	270,565.54
77	3,460.39	1,910.28	1,550.12	268,655.26
78	3,460.39	1,921.22	1,539.17	266,734.04
79	3,460.39	1,932.23	1,528.16	264,801.81
80	3,460.39	1,943.30	1,517.09	262,858.51
81	3,460.39	1,954.43	1,505.96	260,904.07
82	3,460.39	1,965.63	1,494.76	258,938.44
83	3,460.39	1,976.89	1,483.50	256,961.55
84	3,460.39	1,988.22	1,472.18	254,973.33
85	3,460.39	1,999.61	1,460.78	252,973.72
86	3,460.39	2,011.07	1,449.33	250,962.65
87	3,460.39	2,022.59	1,437.81	248,940.06
88	3,460.39	2,034.18	1,426.22	246,905.89
89	3,460.39	2,045.83	1,414.56	244,860.06
90	3,460.39	2,057.55	1,402.84	242,802.51
91	3,460.39	2,069.34	1,391.06	240,733.17
92	3,460.39	2,081.19	1,379.20	238,651.98
93	3,460.39	2,093.12	1,367.28	236,558.86
94	3,460.39	2,105.11	1,355.29	234,453.75
95	3,460.39	2,117.17	1,343.22	232,336.58
96	3,460.39	2,129.30	1,331.09	230,207.28
97	3,460.39	2,141.50	1,318.90	228,065.78
98	3,460.39	2,153.77	1,306.63	225,912.01
99	3,460.39	2,166.11	1,294.29	223,745.90
100	3,460.39	2,178.52	1,281.88	221,567.39
101	3,460.39	2,191.00	1,269.40	219,376.39
102	3,460.39	2,203.55	1,256.84	217,172.84
103	3,460.39	2,216.18	1,244.22	214,956.66
104	3,460.39	2,228.87	1,231.52	212,727.79
105	3,460.39	2,241.64	1,218.75	210,486.15
106	3,460.39	2,254.48	1,205.91	208,231.66
107	3,460.39	2,267.40	1,192.99	205,964.26
108	3,460.39	2,280.39	1,180.00	203,683.87
109	3,460.39	2,293.46	1,166.94	201,390.41
110	3,460.39	2,306.60	1,153.80	199,083.82
111	3,460.39	2,319.81	1,140.58	196,764.01
112	3,460.39	2,333.10	1,127.29	194,430.91
113	3,460.39	2,346.47	1,113.93	192,084.44
114	3,460.39	2,359.91	1,100.48	189,724.53
115	3,460.39	2,373.43	1,086.96	187,351.10
116	3,460.39	2,387.03	1,073.37	184,964.07
117	3,460.39	2,400.70	1,059.69	182,563.36
118	3,460.39	2,414.46	1,045.94	180,148.90
119	3,460.39	2,428.29	1,032.10	177,720.61
120	3,460.39	2,442.20	1,018.19	175,278.41
121	3,460.39	2,456.20	1,004.20	172,822.21
122	3,460.39	2,470.27	990.13	170,351.95
123	3,460.39	2,484.42	975.97	167,867.53
124	3,460.39	2,498.65	961.74	165,368.87
125	3,460.39	2,512.97	947.43	162,855.90
126	3,460.39	2,527.37	933.03	160,328.54
127	3,460.39	2,541.85	918.55	157,786.69
128	3,460.39	2,556.41	903.99	155,230.28
129	3,460.39	2,571.05	889.34	152,659.23
130	3,460.39	2,585.78	874.61	150,073.44
131	3,460.39	2,600.60	859.80	147,472.84
132	3,460.39	2,615.50	844.90	144,857.35
133	3,460.39	2,630.48	829.91	142,226.86
134	3,460.39	2,645.55	814.84	139,581.31
135	3,460.39	2,660.71	799.68	136,920.60
136	3,460.39	2,675.95	784.44	134,244.65
137	3,460.39	2,691.28	769.11	131,553.36
138	3,460.39	2,706.70	753.69	128,846.66
139	3,460.39	2,722.21	738.18	126,124.45
140	3,460.39	2,737.81	722.59	123,386.64
141	3,460.39	2,753.49	706.90	120,633.15
142	3,460.39	2,769.27	691.13	117,863.88
143	3,460.39	2,785.13	675.26	115,078.75
144	3,460.39	2,801.09	659.31	112,277.66
145	3,460.39	2,817.14	643.26	109,460.52
146	3,460.39	2,833.28	627.12	106,627.24
147	3,460.39	2,849.51	610.89	103,777.73
148	3,460.39	2,865.83	594.56	100,911.90
149	3,460.39	2,882.25	578.14	98,029.64
150	3,460.39	2,898.77	561.63	95,130.88
151	3,460.39	2,915.37	545.02	92,215.50
152	3,460.39	2,932.08	528.32	89,283.43
153	3,460.39	2,948.88	511.52	86,334.55
154	3,460.39	2,965.77	494.63	83,368.78
155	3,460.39	2,982.76	477.63	80,386.02
156	3,460.39	2,999.85	460.54	77,386.17
157	3,460.39	3,017.04	443.36	74,369.13
158	3,460.39	3,034.32	426.07	71,334.81
159	3,460.39	3,051.71	408.69	68,283.11
160	3,460.39	3,069.19	391.21	65,213.92
161	3,460.39	3,086.77	373.62	62,127.14
162	3,460.39	3,104.46	355.94	59,022.69
163	3,460.39	3,122.24	338.15	55,900.44
164	3,460.39	3,140.13	320.26	52,760.31
165	3,460.39	3,158.12	302.27	49,602.19
166	3,460.39	3,176.22	284.18	46,425.97
167	3,460.39	3,194.41	265.98	43,231.56
168	3,460.39	3,212.71	247.68	40,018.85
169	3,460.39	3,231.12	229.27	36,787.73
170	3,460.39	3,249.63	210.76	33,538.09
171	3,460.39	3,268.25	192.15	30,269.84
172	3,460.39	3,286.97	173.42	26,982.87
173	3,460.39	3,305.81	154.59	23,677.06
174	3,460.39	3,324.74	135.65	20,352.32
175	3,460.39	3,343.79	116.60	17,008.53
176	3,460.39	3,362.95	97.44	13,645.58
177	3,460.39	3,382.22	78.18	10,263.36
178	3,460.39	3,401.59	58.80	6,861.77
179	3,460.39	3,421.08	39.31	3,440.68
180	3,460.39	3,440.68	19.71	0.00