Mortgage Loan of $8,500 for 15 Years at 5.50%
What's the payment on a 15 year home loan for $8.5k at 5.50% interest?
Results
Monthly payment: $69.45
$833 per year
What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $8.5k 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 8,500 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 | 69.45 | 30.49 | 38.96 | 8,469.51 |
2 | 69.45 | 30.63 | 38.82 | 8,438.87 |
3 | 69.45 | 30.77 | 38.68 | 8,408.10 |
4 | 69.45 | 30.91 | 38.54 | 8,377.18 |
5 | 69.45 | 31.06 | 38.40 | 8,346.13 |
6 | 69.45 | 31.20 | 38.25 | 8,314.93 |
7 | 69.45 | 31.34 | 38.11 | 8,283.59 |
8 | 69.45 | 31.49 | 37.97 | 8,252.10 |
9 | 69.45 | 31.63 | 37.82 | 8,220.47 |
10 | 69.45 | 31.77 | 37.68 | 8,188.70 |
11 | 69.45 | 31.92 | 37.53 | 8,156.77 |
12 | 69.45 | 32.07 | 37.39 | 8,124.71 |
13 | 69.45 | 32.21 | 37.24 | 8,092.49 |
14 | 69.45 | 32.36 | 37.09 | 8,060.13 |
15 | 69.45 | 32.51 | 36.94 | 8,027.62 |
16 | 69.45 | 32.66 | 36.79 | 7,994.96 |
17 | 69.45 | 32.81 | 36.64 | 7,962.16 |
18 | 69.45 | 32.96 | 36.49 | 7,929.20 |
19 | 69.45 | 33.11 | 36.34 | 7,896.09 |
20 | 69.45 | 33.26 | 36.19 | 7,862.83 |
21 | 69.45 | 33.41 | 36.04 | 7,829.41 |
22 | 69.45 | 33.57 | 35.88 | 7,795.84 |
23 | 69.45 | 33.72 | 35.73 | 7,762.12 |
24 | 69.45 | 33.88 | 35.58 | 7,728.25 |
25 | 69.45 | 34.03 | 35.42 | 7,694.22 |
26 | 69.45 | 34.19 | 35.27 | 7,660.03 |
27 | 69.45 | 34.34 | 35.11 | 7,625.69 |
28 | 69.45 | 34.50 | 34.95 | 7,591.18 |
29 | 69.45 | 34.66 | 34.79 | 7,556.53 |
30 | 69.45 | 34.82 | 34.63 | 7,521.71 |
31 | 69.45 | 34.98 | 34.47 | 7,486.73 |
32 | 69.45 | 35.14 | 34.31 | 7,451.59 |
33 | 69.45 | 35.30 | 34.15 | 7,416.29 |
34 | 69.45 | 35.46 | 33.99 | 7,380.83 |
35 | 69.45 | 35.62 | 33.83 | 7,345.21 |
36 | 69.45 | 35.79 | 33.67 | 7,309.42 |
37 | 69.45 | 35.95 | 33.50 | 7,273.47 |
38 | 69.45 | 36.12 | 33.34 | 7,237.36 |
39 | 69.45 | 36.28 | 33.17 | 7,201.08 |
40 | 69.45 | 36.45 | 33.00 | 7,164.63 |
41 | 69.45 | 36.61 | 32.84 | 7,128.01 |
42 | 69.45 | 36.78 | 32.67 | 7,091.23 |
43 | 69.45 | 36.95 | 32.50 | 7,054.28 |
44 | 69.45 | 37.12 | 32.33 | 7,017.16 |
45 | 69.45 | 37.29 | 32.16 | 6,979.87 |
46 | 69.45 | 37.46 | 31.99 | 6,942.41 |
47 | 69.45 | 37.63 | 31.82 | 6,904.78 |
48 | 69.45 | 37.81 | 31.65 | 6,866.97 |
49 | 69.45 | 37.98 | 31.47 | 6,828.99 |
50 | 69.45 | 38.15 | 31.30 | 6,790.84 |
51 | 69.45 | 38.33 | 31.12 | 6,752.51 |
52 | 69.45 | 38.50 | 30.95 | 6,714.01 |
53 | 69.45 | 38.68 | 30.77 | 6,675.33 |
54 | 69.45 | 38.86 | 30.60 | 6,636.47 |
55 | 69.45 | 39.03 | 30.42 | 6,597.44 |
56 | 69.45 | 39.21 | 30.24 | 6,558.23 |
57 | 69.45 | 39.39 | 30.06 | 6,518.83 |
58 | 69.45 | 39.57 | 29.88 | 6,479.26 |
59 | 69.45 | 39.76 | 29.70 | 6,439.50 |
60 | 69.45 | 39.94 | 29.51 | 6,399.56 |
61 | 69.45 | 40.12 | 29.33 | 6,359.44 |
62 | 69.45 | 40.30 | 29.15 | 6,319.14 |
63 | 69.45 | 40.49 | 28.96 | 6,278.65 |
64 | 69.45 | 40.67 | 28.78 | 6,237.97 |
65 | 69.45 | 40.86 | 28.59 | 6,197.11 |
66 | 69.45 | 41.05 | 28.40 | 6,156.06 |
67 | 69.45 | 41.24 | 28.22 | 6,114.83 |
68 | 69.45 | 41.43 | 28.03 | 6,073.40 |
69 | 69.45 | 41.62 | 27.84 | 6,031.79 |
70 | 69.45 | 41.81 | 27.65 | 5,989.98 |
71 | 69.45 | 42.00 | 27.45 | 5,947.98 |
72 | 69.45 | 42.19 | 27.26 | 5,905.79 |
73 | 69.45 | 42.38 | 27.07 | 5,863.41 |
74 | 69.45 | 42.58 | 26.87 | 5,820.83 |
75 | 69.45 | 42.77 | 26.68 | 5,778.06 |
76 | 69.45 | 42.97 | 26.48 | 5,735.09 |
77 | 69.45 | 43.17 | 26.29 | 5,691.92 |
78 | 69.45 | 43.36 | 26.09 | 5,648.56 |
79 | 69.45 | 43.56 | 25.89 | 5,604.99 |
80 | 69.45 | 43.76 | 25.69 | 5,561.23 |
81 | 69.45 | 43.96 | 25.49 | 5,517.27 |
82 | 69.45 | 44.16 | 25.29 | 5,473.10 |
83 | 69.45 | 44.37 | 25.09 | 5,428.74 |
84 | 69.45 | 44.57 | 24.88 | 5,384.17 |
85 | 69.45 | 44.77 | 24.68 | 5,339.39 |
86 | 69.45 | 44.98 | 24.47 | 5,294.41 |
87 | 69.45 | 45.19 | 24.27 | 5,249.23 |
88 | 69.45 | 45.39 | 24.06 | 5,203.83 |
89 | 69.45 | 45.60 | 23.85 | 5,158.23 |
90 | 69.45 | 45.81 | 23.64 | 5,112.42 |
91 | 69.45 | 46.02 | 23.43 | 5,066.40 |
92 | 69.45 | 46.23 | 23.22 | 5,020.17 |
93 | 69.45 | 46.44 | 23.01 | 4,973.73 |
94 | 69.45 | 46.66 | 22.80 | 4,927.07 |
95 | 69.45 | 46.87 | 22.58 | 4,880.20 |
96 | 69.45 | 47.08 | 22.37 | 4,833.12 |
97 | 69.45 | 47.30 | 22.15 | 4,785.82 |
98 | 69.45 | 47.52 | 21.93 | 4,738.30 |
99 | 69.45 | 47.73 | 21.72 | 4,690.56 |
100 | 69.45 | 47.95 | 21.50 | 4,642.61 |
101 | 69.45 | 48.17 | 21.28 | 4,594.44 |
102 | 69.45 | 48.39 | 21.06 | 4,546.04 |
103 | 69.45 | 48.62 | 20.84 | 4,497.43 |
104 | 69.45 | 48.84 | 20.61 | 4,448.59 |
105 | 69.45 | 49.06 | 20.39 | 4,399.53 |
106 | 69.45 | 49.29 | 20.16 | 4,350.24 |
107 | 69.45 | 49.51 | 19.94 | 4,300.72 |
108 | 69.45 | 49.74 | 19.71 | 4,250.98 |
109 | 69.45 | 49.97 | 19.48 | 4,201.02 |
110 | 69.45 | 50.20 | 19.25 | 4,150.82 |
111 | 69.45 | 50.43 | 19.02 | 4,100.39 |
112 | 69.45 | 50.66 | 18.79 | 4,049.73 |
113 | 69.45 | 50.89 | 18.56 | 3,998.84 |
114 | 69.45 | 51.12 | 18.33 | 3,947.72 |
115 | 69.45 | 51.36 | 18.09 | 3,896.36 |
116 | 69.45 | 51.59 | 17.86 | 3,844.76 |
117 | 69.45 | 51.83 | 17.62 | 3,792.93 |
118 | 69.45 | 52.07 | 17.38 | 3,740.87 |
119 | 69.45 | 52.31 | 17.15 | 3,688.56 |
120 | 69.45 | 52.55 | 16.91 | 3,636.01 |
121 | 69.45 | 52.79 | 16.67 | 3,583.23 |
122 | 69.45 | 53.03 | 16.42 | 3,530.20 |
123 | 69.45 | 53.27 | 16.18 | 3,476.93 |
124 | 69.45 | 53.52 | 15.94 | 3,423.41 |
125 | 69.45 | 53.76 | 15.69 | 3,369.65 |
126 | 69.45 | 54.01 | 15.44 | 3,315.64 |
127 | 69.45 | 54.26 | 15.20 | 3,261.39 |
128 | 69.45 | 54.50 | 14.95 | 3,206.88 |
129 | 69.45 | 54.75 | 14.70 | 3,152.13 |
130 | 69.45 | 55.00 | 14.45 | 3,097.12 |
131 | 69.45 | 55.26 | 14.20 | 3,041.87 |
132 | 69.45 | 55.51 | 13.94 | 2,986.36 |
133 | 69.45 | 55.76 | 13.69 | 2,930.59 |
134 | 69.45 | 56.02 | 13.43 | 2,874.57 |
135 | 69.45 | 56.28 | 13.18 | 2,818.29 |
136 | 69.45 | 56.53 | 12.92 | 2,761.76 |
137 | 69.45 | 56.79 | 12.66 | 2,704.96 |
138 | 69.45 | 57.05 | 12.40 | 2,647.91 |
139 | 69.45 | 57.32 | 12.14 | 2,590.59 |
140 | 69.45 | 57.58 | 11.87 | 2,533.02 |
141 | 69.45 | 57.84 | 11.61 | 2,475.17 |
142 | 69.45 | 58.11 | 11.34 | 2,417.07 |
143 | 69.45 | 58.37 | 11.08 | 2,358.69 |
144 | 69.45 | 58.64 | 10.81 | 2,300.05 |
145 | 69.45 | 58.91 | 10.54 | 2,241.14 |
146 | 69.45 | 59.18 | 10.27 | 2,181.96 |
147 | 69.45 | 59.45 | 10.00 | 2,122.51 |
148 | 69.45 | 59.72 | 9.73 | 2,062.78 |
149 | 69.45 | 60.00 | 9.45 | 2,002.79 |
150 | 69.45 | 60.27 | 9.18 | 1,942.51 |
151 | 69.45 | 60.55 | 8.90 | 1,881.97 |
152 | 69.45 | 60.83 | 8.63 | 1,821.14 |
153 | 69.45 | 61.11 | 8.35 | 1,760.03 |
154 | 69.45 | 61.39 | 8.07 | 1,698.65 |
155 | 69.45 | 61.67 | 7.79 | 1,636.98 |
156 | 69.45 | 61.95 | 7.50 | 1,575.03 |
157 | 69.45 | 62.23 | 7.22 | 1,512.80 |
158 | 69.45 | 62.52 | 6.93 | 1,450.28 |
159 | 69.45 | 62.80 | 6.65 | 1,387.48 |
160 | 69.45 | 63.09 | 6.36 | 1,324.38 |
161 | 69.45 | 63.38 | 6.07 | 1,261.00 |
162 | 69.45 | 63.67 | 5.78 | 1,197.33 |
163 | 69.45 | 63.96 | 5.49 | 1,133.36 |
164 | 69.45 | 64.26 | 5.19 | 1,069.11 |
165 | 69.45 | 64.55 | 4.90 | 1,004.55 |
166 | 69.45 | 64.85 | 4.60 | 939.71 |
167 | 69.45 | 65.15 | 4.31 | 874.56 |
168 | 69.45 | 65.44 | 4.01 | 809.12 |
169 | 69.45 | 65.74 | 3.71 | 743.37 |
170 | 69.45 | 66.04 | 3.41 | 677.33 |
171 | 69.45 | 66.35 | 3.10 | 610.98 |
172 | 69.45 | 66.65 | 2.80 | 544.33 |
173 | 69.45 | 66.96 | 2.49 | 477.37 |
174 | 69.45 | 67.26 | 2.19 | 410.11 |
175 | 69.45 | 67.57 | 1.88 | 342.54 |
176 | 69.45 | 67.88 | 1.57 | 274.65 |
177 | 69.45 | 68.19 | 1.26 | 206.46 |
178 | 69.45 | 68.51 | 0.95 | 137.96 |
179 | 69.45 | 68.82 | 0.63 | 69.14 |
180 | 69.45 | 69.14 | 0.32 | 0.00 |