Mortgage Loan of $8,500 for 15 Years at 8.55%
What's the payment on a 15 year home loan for $8.5k at 8.55% interest?
Results
Monthly payment: $83.95
$1,007 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 8.55 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 | 83.95 | 23.39 | 60.56 | 8,476.61 |
2 | 83.95 | 23.56 | 60.40 | 8,453.05 |
3 | 83.95 | 23.72 | 60.23 | 8,429.33 |
4 | 83.95 | 23.89 | 60.06 | 8,405.44 |
5 | 83.95 | 24.06 | 59.89 | 8,381.37 |
6 | 83.95 | 24.23 | 59.72 | 8,357.14 |
7 | 83.95 | 24.41 | 59.54 | 8,332.73 |
8 | 83.95 | 24.58 | 59.37 | 8,308.15 |
9 | 83.95 | 24.76 | 59.20 | 8,283.39 |
10 | 83.95 | 24.93 | 59.02 | 8,258.46 |
11 | 83.95 | 25.11 | 58.84 | 8,233.35 |
12 | 83.95 | 25.29 | 58.66 | 8,208.06 |
13 | 83.95 | 25.47 | 58.48 | 8,182.59 |
14 | 83.95 | 25.65 | 58.30 | 8,156.94 |
15 | 83.95 | 25.83 | 58.12 | 8,131.10 |
16 | 83.95 | 26.02 | 57.93 | 8,105.09 |
17 | 83.95 | 26.20 | 57.75 | 8,078.88 |
18 | 83.95 | 26.39 | 57.56 | 8,052.49 |
19 | 83.95 | 26.58 | 57.37 | 8,025.91 |
20 | 83.95 | 26.77 | 57.18 | 7,999.15 |
21 | 83.95 | 26.96 | 56.99 | 7,972.19 |
22 | 83.95 | 27.15 | 56.80 | 7,945.04 |
23 | 83.95 | 27.34 | 56.61 | 7,917.69 |
24 | 83.95 | 27.54 | 56.41 | 7,890.16 |
25 | 83.95 | 27.73 | 56.22 | 7,862.42 |
26 | 83.95 | 27.93 | 56.02 | 7,834.49 |
27 | 83.95 | 28.13 | 55.82 | 7,806.36 |
28 | 83.95 | 28.33 | 55.62 | 7,778.03 |
29 | 83.95 | 28.53 | 55.42 | 7,749.49 |
30 | 83.95 | 28.74 | 55.22 | 7,720.75 |
31 | 83.95 | 28.94 | 55.01 | 7,691.81 |
32 | 83.95 | 29.15 | 54.80 | 7,662.67 |
33 | 83.95 | 29.36 | 54.60 | 7,633.31 |
34 | 83.95 | 29.56 | 54.39 | 7,603.74 |
35 | 83.95 | 29.78 | 54.18 | 7,573.97 |
36 | 83.95 | 29.99 | 53.96 | 7,543.98 |
37 | 83.95 | 30.20 | 53.75 | 7,513.78 |
38 | 83.95 | 30.42 | 53.54 | 7,483.36 |
39 | 83.95 | 30.63 | 53.32 | 7,452.73 |
40 | 83.95 | 30.85 | 53.10 | 7,421.88 |
41 | 83.95 | 31.07 | 52.88 | 7,390.81 |
42 | 83.95 | 31.29 | 52.66 | 7,359.52 |
43 | 83.95 | 31.52 | 52.44 | 7,328.00 |
44 | 83.95 | 31.74 | 52.21 | 7,296.26 |
45 | 83.95 | 31.97 | 51.99 | 7,264.29 |
46 | 83.95 | 32.19 | 51.76 | 7,232.10 |
47 | 83.95 | 32.42 | 51.53 | 7,199.68 |
48 | 83.95 | 32.65 | 51.30 | 7,167.02 |
49 | 83.95 | 32.89 | 51.07 | 7,134.13 |
50 | 83.95 | 33.12 | 50.83 | 7,101.01 |
51 | 83.95 | 33.36 | 50.59 | 7,067.65 |
52 | 83.95 | 33.60 | 50.36 | 7,034.06 |
53 | 83.95 | 33.83 | 50.12 | 7,000.23 |
54 | 83.95 | 34.08 | 49.88 | 6,966.15 |
55 | 83.95 | 34.32 | 49.63 | 6,931.83 |
56 | 83.95 | 34.56 | 49.39 | 6,897.27 |
57 | 83.95 | 34.81 | 49.14 | 6,862.46 |
58 | 83.95 | 35.06 | 48.90 | 6,827.40 |
59 | 83.95 | 35.31 | 48.65 | 6,792.10 |
60 | 83.95 | 35.56 | 48.39 | 6,756.54 |
61 | 83.95 | 35.81 | 48.14 | 6,720.72 |
62 | 83.95 | 36.07 | 47.89 | 6,684.66 |
63 | 83.95 | 36.32 | 47.63 | 6,648.33 |
64 | 83.95 | 36.58 | 47.37 | 6,611.75 |
65 | 83.95 | 36.84 | 47.11 | 6,574.91 |
66 | 83.95 | 37.11 | 46.85 | 6,537.80 |
67 | 83.95 | 37.37 | 46.58 | 6,500.43 |
68 | 83.95 | 37.64 | 46.32 | 6,462.79 |
69 | 83.95 | 37.90 | 46.05 | 6,424.89 |
70 | 83.95 | 38.17 | 45.78 | 6,386.72 |
71 | 83.95 | 38.45 | 45.51 | 6,348.27 |
72 | 83.95 | 38.72 | 45.23 | 6,309.55 |
73 | 83.95 | 39.00 | 44.96 | 6,270.55 |
74 | 83.95 | 39.27 | 44.68 | 6,231.28 |
75 | 83.95 | 39.55 | 44.40 | 6,191.72 |
76 | 83.95 | 39.84 | 44.12 | 6,151.89 |
77 | 83.95 | 40.12 | 43.83 | 6,111.77 |
78 | 83.95 | 40.41 | 43.55 | 6,071.36 |
79 | 83.95 | 40.69 | 43.26 | 6,030.67 |
80 | 83.95 | 40.98 | 42.97 | 5,989.68 |
81 | 83.95 | 41.28 | 42.68 | 5,948.41 |
82 | 83.95 | 41.57 | 42.38 | 5,906.84 |
83 | 83.95 | 41.87 | 42.09 | 5,864.97 |
84 | 83.95 | 42.16 | 41.79 | 5,822.81 |
85 | 83.95 | 42.46 | 41.49 | 5,780.34 |
86 | 83.95 | 42.77 | 41.18 | 5,737.58 |
87 | 83.95 | 43.07 | 40.88 | 5,694.50 |
88 | 83.95 | 43.38 | 40.57 | 5,651.12 |
89 | 83.95 | 43.69 | 40.26 | 5,607.44 |
90 | 83.95 | 44.00 | 39.95 | 5,563.44 |
91 | 83.95 | 44.31 | 39.64 | 5,519.12 |
92 | 83.95 | 44.63 | 39.32 | 5,474.50 |
93 | 83.95 | 44.95 | 39.01 | 5,429.55 |
94 | 83.95 | 45.27 | 38.69 | 5,384.28 |
95 | 83.95 | 45.59 | 38.36 | 5,338.69 |
96 | 83.95 | 45.91 | 38.04 | 5,292.78 |
97 | 83.95 | 46.24 | 37.71 | 5,246.54 |
98 | 83.95 | 46.57 | 37.38 | 5,199.97 |
99 | 83.95 | 46.90 | 37.05 | 5,153.07 |
100 | 83.95 | 47.24 | 36.72 | 5,105.83 |
101 | 83.95 | 47.57 | 36.38 | 5,058.26 |
102 | 83.95 | 47.91 | 36.04 | 5,010.34 |
103 | 83.95 | 48.25 | 35.70 | 4,962.09 |
104 | 83.95 | 48.60 | 35.35 | 4,913.49 |
105 | 83.95 | 48.94 | 35.01 | 4,864.55 |
106 | 83.95 | 49.29 | 34.66 | 4,815.26 |
107 | 83.95 | 49.64 | 34.31 | 4,765.61 |
108 | 83.95 | 50.00 | 33.96 | 4,715.62 |
109 | 83.95 | 50.35 | 33.60 | 4,665.26 |
110 | 83.95 | 50.71 | 33.24 | 4,614.55 |
111 | 83.95 | 51.07 | 32.88 | 4,563.48 |
112 | 83.95 | 51.44 | 32.51 | 4,512.04 |
113 | 83.95 | 51.80 | 32.15 | 4,460.24 |
114 | 83.95 | 52.17 | 31.78 | 4,408.06 |
115 | 83.95 | 52.54 | 31.41 | 4,355.52 |
116 | 83.95 | 52.92 | 31.03 | 4,302.60 |
117 | 83.95 | 53.30 | 30.66 | 4,249.30 |
118 | 83.95 | 53.68 | 30.28 | 4,195.63 |
119 | 83.95 | 54.06 | 29.89 | 4,141.57 |
120 | 83.95 | 54.44 | 29.51 | 4,087.13 |
121 | 83.95 | 54.83 | 29.12 | 4,032.29 |
122 | 83.95 | 55.22 | 28.73 | 3,977.07 |
123 | 83.95 | 55.62 | 28.34 | 3,921.46 |
124 | 83.95 | 56.01 | 27.94 | 3,865.45 |
125 | 83.95 | 56.41 | 27.54 | 3,809.03 |
126 | 83.95 | 56.81 | 27.14 | 3,752.22 |
127 | 83.95 | 57.22 | 26.73 | 3,695.00 |
128 | 83.95 | 57.63 | 26.33 | 3,637.38 |
129 | 83.95 | 58.04 | 25.92 | 3,579.34 |
130 | 83.95 | 58.45 | 25.50 | 3,520.89 |
131 | 83.95 | 58.87 | 25.09 | 3,462.03 |
132 | 83.95 | 59.29 | 24.67 | 3,402.74 |
133 | 83.95 | 59.71 | 24.24 | 3,343.03 |
134 | 83.95 | 60.13 | 23.82 | 3,282.90 |
135 | 83.95 | 60.56 | 23.39 | 3,222.34 |
136 | 83.95 | 60.99 | 22.96 | 3,161.35 |
137 | 83.95 | 61.43 | 22.52 | 3,099.92 |
138 | 83.95 | 61.87 | 22.09 | 3,038.05 |
139 | 83.95 | 62.31 | 21.65 | 2,975.75 |
140 | 83.95 | 62.75 | 21.20 | 2,913.00 |
141 | 83.95 | 63.20 | 20.76 | 2,849.80 |
142 | 83.95 | 63.65 | 20.30 | 2,786.15 |
143 | 83.95 | 64.10 | 19.85 | 2,722.05 |
144 | 83.95 | 64.56 | 19.39 | 2,657.50 |
145 | 83.95 | 65.02 | 18.93 | 2,592.48 |
146 | 83.95 | 65.48 | 18.47 | 2,527.00 |
147 | 83.95 | 65.95 | 18.00 | 2,461.05 |
148 | 83.95 | 66.42 | 17.53 | 2,394.63 |
149 | 83.95 | 66.89 | 17.06 | 2,327.74 |
150 | 83.95 | 67.37 | 16.59 | 2,260.38 |
151 | 83.95 | 67.85 | 16.11 | 2,192.53 |
152 | 83.95 | 68.33 | 15.62 | 2,124.20 |
153 | 83.95 | 68.82 | 15.13 | 2,055.38 |
154 | 83.95 | 69.31 | 14.64 | 1,986.07 |
155 | 83.95 | 69.80 | 14.15 | 1,916.27 |
156 | 83.95 | 70.30 | 13.65 | 1,845.97 |
157 | 83.95 | 70.80 | 13.15 | 1,775.17 |
158 | 83.95 | 71.30 | 12.65 | 1,703.87 |
159 | 83.95 | 71.81 | 12.14 | 1,632.06 |
160 | 83.95 | 72.32 | 11.63 | 1,559.73 |
161 | 83.95 | 72.84 | 11.11 | 1,486.89 |
162 | 83.95 | 73.36 | 10.59 | 1,413.54 |
163 | 83.95 | 73.88 | 10.07 | 1,339.66 |
164 | 83.95 | 74.41 | 9.55 | 1,265.25 |
165 | 83.95 | 74.94 | 9.01 | 1,190.31 |
166 | 83.95 | 75.47 | 8.48 | 1,114.84 |
167 | 83.95 | 76.01 | 7.94 | 1,038.83 |
168 | 83.95 | 76.55 | 7.40 | 962.28 |
169 | 83.95 | 77.10 | 6.86 | 885.18 |
170 | 83.95 | 77.65 | 6.31 | 807.54 |
171 | 83.95 | 78.20 | 5.75 | 729.34 |
172 | 83.95 | 78.76 | 5.20 | 650.59 |
173 | 83.95 | 79.32 | 4.64 | 571.27 |
174 | 83.95 | 79.88 | 4.07 | 491.39 |
175 | 83.95 | 80.45 | 3.50 | 410.94 |
176 | 83.95 | 81.02 | 2.93 | 329.91 |
177 | 83.95 | 81.60 | 2.35 | 248.31 |
178 | 83.95 | 82.18 | 1.77 | 166.13 |
179 | 83.95 | 82.77 | 1.18 | 83.36 |
180 | 83.95 | 83.36 | 0.59 | 0.00 |