Mortgage Loan of $6,000 for 15 Years at 8.875%
What's the payment on a 15 year home loan for $6k at 8.875% interest?
Results
Monthly payment: $60.41
$725 per year
What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $6k 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 6,000 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 | 60.41 | 16.04 | 44.38 | 5,983.96 |
2 | 60.41 | 16.15 | 44.26 | 5,967.81 |
3 | 60.41 | 16.27 | 44.14 | 5,951.54 |
4 | 60.41 | 16.39 | 44.02 | 5,935.14 |
5 | 60.41 | 16.52 | 43.90 | 5,918.63 |
6 | 60.41 | 16.64 | 43.77 | 5,901.99 |
7 | 60.41 | 16.76 | 43.65 | 5,885.23 |
8 | 60.41 | 16.88 | 43.53 | 5,868.34 |
9 | 60.41 | 17.01 | 43.40 | 5,851.34 |
10 | 60.41 | 17.14 | 43.28 | 5,834.20 |
11 | 60.41 | 17.26 | 43.15 | 5,816.94 |
12 | 60.41 | 17.39 | 43.02 | 5,799.55 |
13 | 60.41 | 17.52 | 42.89 | 5,782.03 |
14 | 60.41 | 17.65 | 42.76 | 5,764.38 |
15 | 60.41 | 17.78 | 42.63 | 5,746.60 |
16 | 60.41 | 17.91 | 42.50 | 5,728.69 |
17 | 60.41 | 18.04 | 42.37 | 5,710.65 |
18 | 60.41 | 18.18 | 42.24 | 5,692.48 |
19 | 60.41 | 18.31 | 42.10 | 5,674.17 |
20 | 60.41 | 18.45 | 41.97 | 5,655.72 |
21 | 60.41 | 18.58 | 41.83 | 5,637.14 |
22 | 60.41 | 18.72 | 41.69 | 5,618.42 |
23 | 60.41 | 18.86 | 41.55 | 5,599.56 |
24 | 60.41 | 19.00 | 41.41 | 5,580.57 |
25 | 60.41 | 19.14 | 41.27 | 5,561.43 |
26 | 60.41 | 19.28 | 41.13 | 5,542.15 |
27 | 60.41 | 19.42 | 40.99 | 5,522.73 |
28 | 60.41 | 19.57 | 40.85 | 5,503.16 |
29 | 60.41 | 19.71 | 40.70 | 5,483.45 |
30 | 60.41 | 19.86 | 40.55 | 5,463.60 |
31 | 60.41 | 20.00 | 40.41 | 5,443.59 |
32 | 60.41 | 20.15 | 40.26 | 5,423.44 |
33 | 60.41 | 20.30 | 40.11 | 5,403.14 |
34 | 60.41 | 20.45 | 39.96 | 5,382.69 |
35 | 60.41 | 20.60 | 39.81 | 5,362.09 |
36 | 60.41 | 20.75 | 39.66 | 5,341.34 |
37 | 60.41 | 20.91 | 39.50 | 5,320.43 |
38 | 60.41 | 21.06 | 39.35 | 5,299.37 |
39 | 60.41 | 21.22 | 39.19 | 5,278.15 |
40 | 60.41 | 21.37 | 39.04 | 5,256.78 |
41 | 60.41 | 21.53 | 38.88 | 5,235.24 |
42 | 60.41 | 21.69 | 38.72 | 5,213.55 |
43 | 60.41 | 21.85 | 38.56 | 5,191.70 |
44 | 60.41 | 22.01 | 38.40 | 5,169.69 |
45 | 60.41 | 22.18 | 38.23 | 5,147.51 |
46 | 60.41 | 22.34 | 38.07 | 5,125.17 |
47 | 60.41 | 22.51 | 37.90 | 5,102.66 |
48 | 60.41 | 22.67 | 37.74 | 5,079.99 |
49 | 60.41 | 22.84 | 37.57 | 5,057.15 |
50 | 60.41 | 23.01 | 37.40 | 5,034.14 |
51 | 60.41 | 23.18 | 37.23 | 5,010.96 |
52 | 60.41 | 23.35 | 37.06 | 4,987.61 |
53 | 60.41 | 23.52 | 36.89 | 4,964.09 |
54 | 60.41 | 23.70 | 36.71 | 4,940.39 |
55 | 60.41 | 23.87 | 36.54 | 4,916.52 |
56 | 60.41 | 24.05 | 36.36 | 4,892.47 |
57 | 60.41 | 24.23 | 36.18 | 4,868.25 |
58 | 60.41 | 24.41 | 36.00 | 4,843.84 |
59 | 60.41 | 24.59 | 35.82 | 4,819.25 |
60 | 60.41 | 24.77 | 35.64 | 4,794.49 |
61 | 60.41 | 24.95 | 35.46 | 4,769.53 |
62 | 60.41 | 25.14 | 35.27 | 4,744.40 |
63 | 60.41 | 25.32 | 35.09 | 4,719.08 |
64 | 60.41 | 25.51 | 34.90 | 4,693.57 |
65 | 60.41 | 25.70 | 34.71 | 4,667.87 |
66 | 60.41 | 25.89 | 34.52 | 4,641.98 |
67 | 60.41 | 26.08 | 34.33 | 4,615.90 |
68 | 60.41 | 26.27 | 34.14 | 4,589.63 |
69 | 60.41 | 26.47 | 33.94 | 4,563.16 |
70 | 60.41 | 26.66 | 33.75 | 4,536.50 |
71 | 60.41 | 26.86 | 33.55 | 4,509.64 |
72 | 60.41 | 27.06 | 33.35 | 4,482.58 |
73 | 60.41 | 27.26 | 33.15 | 4,455.33 |
74 | 60.41 | 27.46 | 32.95 | 4,427.87 |
75 | 60.41 | 27.66 | 32.75 | 4,400.20 |
76 | 60.41 | 27.87 | 32.54 | 4,372.34 |
77 | 60.41 | 28.07 | 32.34 | 4,344.26 |
78 | 60.41 | 28.28 | 32.13 | 4,315.98 |
79 | 60.41 | 28.49 | 31.92 | 4,287.49 |
80 | 60.41 | 28.70 | 31.71 | 4,258.79 |
81 | 60.41 | 28.91 | 31.50 | 4,229.88 |
82 | 60.41 | 29.13 | 31.28 | 4,200.75 |
83 | 60.41 | 29.34 | 31.07 | 4,171.41 |
84 | 60.41 | 29.56 | 30.85 | 4,141.85 |
85 | 60.41 | 29.78 | 30.63 | 4,112.07 |
86 | 60.41 | 30.00 | 30.41 | 4,082.07 |
87 | 60.41 | 30.22 | 30.19 | 4,051.85 |
88 | 60.41 | 30.44 | 29.97 | 4,021.41 |
89 | 60.41 | 30.67 | 29.74 | 3,990.74 |
90 | 60.41 | 30.90 | 29.51 | 3,959.84 |
91 | 60.41 | 31.12 | 29.29 | 3,928.72 |
92 | 60.41 | 31.35 | 29.06 | 3,897.36 |
93 | 60.41 | 31.59 | 28.82 | 3,865.78 |
94 | 60.41 | 31.82 | 28.59 | 3,833.96 |
95 | 60.41 | 32.06 | 28.36 | 3,801.90 |
96 | 60.41 | 32.29 | 28.12 | 3,769.61 |
97 | 60.41 | 32.53 | 27.88 | 3,737.08 |
98 | 60.41 | 32.77 | 27.64 | 3,704.30 |
99 | 60.41 | 33.01 | 27.40 | 3,671.29 |
100 | 60.41 | 33.26 | 27.15 | 3,638.03 |
101 | 60.41 | 33.50 | 26.91 | 3,604.53 |
102 | 60.41 | 33.75 | 26.66 | 3,570.78 |
103 | 60.41 | 34.00 | 26.41 | 3,536.77 |
104 | 60.41 | 34.25 | 26.16 | 3,502.52 |
105 | 60.41 | 34.51 | 25.90 | 3,468.01 |
106 | 60.41 | 34.76 | 25.65 | 3,433.25 |
107 | 60.41 | 35.02 | 25.39 | 3,398.23 |
108 | 60.41 | 35.28 | 25.13 | 3,362.95 |
109 | 60.41 | 35.54 | 24.87 | 3,327.42 |
110 | 60.41 | 35.80 | 24.61 | 3,291.61 |
111 | 60.41 | 36.07 | 24.34 | 3,255.55 |
112 | 60.41 | 36.33 | 24.08 | 3,219.21 |
113 | 60.41 | 36.60 | 23.81 | 3,182.61 |
114 | 60.41 | 36.87 | 23.54 | 3,145.74 |
115 | 60.41 | 37.15 | 23.27 | 3,108.60 |
116 | 60.41 | 37.42 | 22.99 | 3,071.18 |
117 | 60.41 | 37.70 | 22.71 | 3,033.48 |
118 | 60.41 | 37.98 | 22.44 | 2,995.50 |
119 | 60.41 | 38.26 | 22.15 | 2,957.25 |
120 | 60.41 | 38.54 | 21.87 | 2,918.71 |
121 | 60.41 | 38.82 | 21.59 | 2,879.88 |
122 | 60.41 | 39.11 | 21.30 | 2,840.77 |
123 | 60.41 | 39.40 | 21.01 | 2,801.37 |
124 | 60.41 | 39.69 | 20.72 | 2,761.68 |
125 | 60.41 | 39.99 | 20.42 | 2,721.69 |
126 | 60.41 | 40.28 | 20.13 | 2,681.41 |
127 | 60.41 | 40.58 | 19.83 | 2,640.83 |
128 | 60.41 | 40.88 | 19.53 | 2,599.95 |
129 | 60.41 | 41.18 | 19.23 | 2,558.77 |
130 | 60.41 | 41.49 | 18.92 | 2,517.28 |
131 | 60.41 | 41.79 | 18.62 | 2,475.49 |
132 | 60.41 | 42.10 | 18.31 | 2,433.39 |
133 | 60.41 | 42.41 | 18.00 | 2,390.97 |
134 | 60.41 | 42.73 | 17.68 | 2,348.25 |
135 | 60.41 | 43.04 | 17.37 | 2,305.20 |
136 | 60.41 | 43.36 | 17.05 | 2,261.84 |
137 | 60.41 | 43.68 | 16.73 | 2,218.16 |
138 | 60.41 | 44.01 | 16.41 | 2,174.15 |
139 | 60.41 | 44.33 | 16.08 | 2,129.82 |
140 | 60.41 | 44.66 | 15.75 | 2,085.16 |
141 | 60.41 | 44.99 | 15.42 | 2,040.18 |
142 | 60.41 | 45.32 | 15.09 | 1,994.85 |
143 | 60.41 | 45.66 | 14.75 | 1,949.20 |
144 | 60.41 | 45.99 | 14.42 | 1,903.20 |
145 | 60.41 | 46.33 | 14.08 | 1,856.87 |
146 | 60.41 | 46.68 | 13.73 | 1,810.19 |
147 | 60.41 | 47.02 | 13.39 | 1,763.17 |
148 | 60.41 | 47.37 | 13.04 | 1,715.80 |
149 | 60.41 | 47.72 | 12.69 | 1,668.08 |
150 | 60.41 | 48.07 | 12.34 | 1,620.00 |
151 | 60.41 | 48.43 | 11.98 | 1,571.57 |
152 | 60.41 | 48.79 | 11.62 | 1,522.78 |
153 | 60.41 | 49.15 | 11.26 | 1,473.64 |
154 | 60.41 | 49.51 | 10.90 | 1,424.12 |
155 | 60.41 | 49.88 | 10.53 | 1,374.25 |
156 | 60.41 | 50.25 | 10.16 | 1,324.00 |
157 | 60.41 | 50.62 | 9.79 | 1,273.38 |
158 | 60.41 | 50.99 | 9.42 | 1,222.39 |
159 | 60.41 | 51.37 | 9.04 | 1,171.02 |
160 | 60.41 | 51.75 | 8.66 | 1,119.27 |
161 | 60.41 | 52.13 | 8.28 | 1,067.13 |
162 | 60.41 | 52.52 | 7.89 | 1,014.62 |
163 | 60.41 | 52.91 | 7.50 | 961.71 |
164 | 60.41 | 53.30 | 7.11 | 908.41 |
165 | 60.41 | 53.69 | 6.72 | 854.72 |
166 | 60.41 | 54.09 | 6.32 | 800.63 |
167 | 60.41 | 54.49 | 5.92 | 746.14 |
168 | 60.41 | 54.89 | 5.52 | 691.25 |
169 | 60.41 | 55.30 | 5.11 | 635.95 |
170 | 60.41 | 55.71 | 4.70 | 580.24 |
171 | 60.41 | 56.12 | 4.29 | 524.12 |
172 | 60.41 | 56.53 | 3.88 | 467.59 |
173 | 60.41 | 56.95 | 3.46 | 410.64 |
174 | 60.41 | 57.37 | 3.04 | 353.26 |
175 | 60.41 | 57.80 | 2.61 | 295.47 |
176 | 60.41 | 58.23 | 2.19 | 237.24 |
177 | 60.41 | 58.66 | 1.75 | 178.58 |
178 | 60.41 | 59.09 | 1.32 | 119.49 |
179 | 60.41 | 59.53 | 0.88 | 59.97 |
180 | 60.41 | 59.97 | 0.44 | 0.00 |