Mortgage Loan of $8,500 for 15 Years at 8.80%
What's the payment on a 15 year home loan for $8.5k at 8.80% interest?
Results
Monthly payment: $85.20
$1,022 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 8.80 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 | 85.20 | 22.87 | 62.33 | 8,477.13 |
2 | 85.20 | 23.04 | 62.17 | 8,454.09 |
3 | 85.20 | 23.21 | 62.00 | 8,430.88 |
4 | 85.20 | 23.38 | 61.83 | 8,407.50 |
5 | 85.20 | 23.55 | 61.66 | 8,383.96 |
6 | 85.20 | 23.72 | 61.48 | 8,360.23 |
7 | 85.20 | 23.90 | 61.31 | 8,336.34 |
8 | 85.20 | 24.07 | 61.13 | 8,312.27 |
9 | 85.20 | 24.25 | 60.96 | 8,288.02 |
10 | 85.20 | 24.43 | 60.78 | 8,263.59 |
11 | 85.20 | 24.60 | 60.60 | 8,238.99 |
12 | 85.20 | 24.79 | 60.42 | 8,214.20 |
13 | 85.20 | 24.97 | 60.24 | 8,189.24 |
14 | 85.20 | 25.15 | 60.05 | 8,164.09 |
15 | 85.20 | 25.33 | 59.87 | 8,138.75 |
16 | 85.20 | 25.52 | 59.68 | 8,113.23 |
17 | 85.20 | 25.71 | 59.50 | 8,087.53 |
18 | 85.20 | 25.90 | 59.31 | 8,061.63 |
19 | 85.20 | 26.09 | 59.12 | 8,035.54 |
20 | 85.20 | 26.28 | 58.93 | 8,009.27 |
21 | 85.20 | 26.47 | 58.73 | 7,982.80 |
22 | 85.20 | 26.66 | 58.54 | 7,956.13 |
23 | 85.20 | 26.86 | 58.34 | 7,929.27 |
24 | 85.20 | 27.06 | 58.15 | 7,902.22 |
25 | 85.20 | 27.25 | 57.95 | 7,874.96 |
26 | 85.20 | 27.45 | 57.75 | 7,847.51 |
27 | 85.20 | 27.66 | 57.55 | 7,819.85 |
28 | 85.20 | 27.86 | 57.35 | 7,791.99 |
29 | 85.20 | 28.06 | 57.14 | 7,763.93 |
30 | 85.20 | 28.27 | 56.94 | 7,735.66 |
31 | 85.20 | 28.48 | 56.73 | 7,707.19 |
32 | 85.20 | 28.68 | 56.52 | 7,678.50 |
33 | 85.20 | 28.90 | 56.31 | 7,649.61 |
34 | 85.20 | 29.11 | 56.10 | 7,620.50 |
35 | 85.20 | 29.32 | 55.88 | 7,591.18 |
36 | 85.20 | 29.54 | 55.67 | 7,561.64 |
37 | 85.20 | 29.75 | 55.45 | 7,531.89 |
38 | 85.20 | 29.97 | 55.23 | 7,501.92 |
39 | 85.20 | 30.19 | 55.01 | 7,471.73 |
40 | 85.20 | 30.41 | 54.79 | 7,441.32 |
41 | 85.20 | 30.63 | 54.57 | 7,410.68 |
42 | 85.20 | 30.86 | 54.35 | 7,379.82 |
43 | 85.20 | 31.09 | 54.12 | 7,348.74 |
44 | 85.20 | 31.31 | 53.89 | 7,317.42 |
45 | 85.20 | 31.54 | 53.66 | 7,285.88 |
46 | 85.20 | 31.77 | 53.43 | 7,254.11 |
47 | 85.20 | 32.01 | 53.20 | 7,222.10 |
48 | 85.20 | 32.24 | 52.96 | 7,189.86 |
49 | 85.20 | 32.48 | 52.73 | 7,157.38 |
50 | 85.20 | 32.72 | 52.49 | 7,124.66 |
51 | 85.20 | 32.96 | 52.25 | 7,091.70 |
52 | 85.20 | 33.20 | 52.01 | 7,058.51 |
53 | 85.20 | 33.44 | 51.76 | 7,025.06 |
54 | 85.20 | 33.69 | 51.52 | 6,991.38 |
55 | 85.20 | 33.93 | 51.27 | 6,957.44 |
56 | 85.20 | 34.18 | 51.02 | 6,923.26 |
57 | 85.20 | 34.43 | 50.77 | 6,888.83 |
58 | 85.20 | 34.69 | 50.52 | 6,854.14 |
59 | 85.20 | 34.94 | 50.26 | 6,819.20 |
60 | 85.20 | 35.20 | 50.01 | 6,784.00 |
61 | 85.20 | 35.45 | 49.75 | 6,748.55 |
62 | 85.20 | 35.71 | 49.49 | 6,712.83 |
63 | 85.20 | 35.98 | 49.23 | 6,676.86 |
64 | 85.20 | 36.24 | 48.96 | 6,640.62 |
65 | 85.20 | 36.51 | 48.70 | 6,604.11 |
66 | 85.20 | 36.77 | 48.43 | 6,567.33 |
67 | 85.20 | 37.04 | 48.16 | 6,530.29 |
68 | 85.20 | 37.32 | 47.89 | 6,492.98 |
69 | 85.20 | 37.59 | 47.62 | 6,455.39 |
70 | 85.20 | 37.86 | 47.34 | 6,417.52 |
71 | 85.20 | 38.14 | 47.06 | 6,379.38 |
72 | 85.20 | 38.42 | 46.78 | 6,340.96 |
73 | 85.20 | 38.70 | 46.50 | 6,302.25 |
74 | 85.20 | 38.99 | 46.22 | 6,263.26 |
75 | 85.20 | 39.27 | 45.93 | 6,223.99 |
76 | 85.20 | 39.56 | 45.64 | 6,184.43 |
77 | 85.20 | 39.85 | 45.35 | 6,144.58 |
78 | 85.20 | 40.14 | 45.06 | 6,104.43 |
79 | 85.20 | 40.44 | 44.77 | 6,063.99 |
80 | 85.20 | 40.74 | 44.47 | 6,023.26 |
81 | 85.20 | 41.03 | 44.17 | 5,982.23 |
82 | 85.20 | 41.33 | 43.87 | 5,940.89 |
83 | 85.20 | 41.64 | 43.57 | 5,899.25 |
84 | 85.20 | 41.94 | 43.26 | 5,857.31 |
85 | 85.20 | 42.25 | 42.95 | 5,815.06 |
86 | 85.20 | 42.56 | 42.64 | 5,772.50 |
87 | 85.20 | 42.87 | 42.33 | 5,729.63 |
88 | 85.20 | 43.19 | 42.02 | 5,686.44 |
89 | 85.20 | 43.50 | 41.70 | 5,642.94 |
90 | 85.20 | 43.82 | 41.38 | 5,599.11 |
91 | 85.20 | 44.14 | 41.06 | 5,554.97 |
92 | 85.20 | 44.47 | 40.74 | 5,510.50 |
93 | 85.20 | 44.79 | 40.41 | 5,465.71 |
94 | 85.20 | 45.12 | 40.08 | 5,420.58 |
95 | 85.20 | 45.45 | 39.75 | 5,375.13 |
96 | 85.20 | 45.79 | 39.42 | 5,329.34 |
97 | 85.20 | 46.12 | 39.08 | 5,283.22 |
98 | 85.20 | 46.46 | 38.74 | 5,236.76 |
99 | 85.20 | 46.80 | 38.40 | 5,189.96 |
100 | 85.20 | 47.14 | 38.06 | 5,142.82 |
101 | 85.20 | 47.49 | 37.71 | 5,095.33 |
102 | 85.20 | 47.84 | 37.37 | 5,047.49 |
103 | 85.20 | 48.19 | 37.01 | 4,999.30 |
104 | 85.20 | 48.54 | 36.66 | 4,950.75 |
105 | 85.20 | 48.90 | 36.31 | 4,901.86 |
106 | 85.20 | 49.26 | 35.95 | 4,852.60 |
107 | 85.20 | 49.62 | 35.59 | 4,802.98 |
108 | 85.20 | 49.98 | 35.22 | 4,753.00 |
109 | 85.20 | 50.35 | 34.86 | 4,702.65 |
110 | 85.20 | 50.72 | 34.49 | 4,651.93 |
111 | 85.20 | 51.09 | 34.11 | 4,600.84 |
112 | 85.20 | 51.46 | 33.74 | 4,549.38 |
113 | 85.20 | 51.84 | 33.36 | 4,497.53 |
114 | 85.20 | 52.22 | 32.98 | 4,445.31 |
115 | 85.20 | 52.61 | 32.60 | 4,392.71 |
116 | 85.20 | 52.99 | 32.21 | 4,339.71 |
117 | 85.20 | 53.38 | 31.82 | 4,286.33 |
118 | 85.20 | 53.77 | 31.43 | 4,232.56 |
119 | 85.20 | 54.17 | 31.04 | 4,178.40 |
120 | 85.20 | 54.56 | 30.64 | 4,123.84 |
121 | 85.20 | 54.96 | 30.24 | 4,068.87 |
122 | 85.20 | 55.37 | 29.84 | 4,013.51 |
123 | 85.20 | 55.77 | 29.43 | 3,957.73 |
124 | 85.20 | 56.18 | 29.02 | 3,901.55 |
125 | 85.20 | 56.59 | 28.61 | 3,844.96 |
126 | 85.20 | 57.01 | 28.20 | 3,787.95 |
127 | 85.20 | 57.43 | 27.78 | 3,730.53 |
128 | 85.20 | 57.85 | 27.36 | 3,672.68 |
129 | 85.20 | 58.27 | 26.93 | 3,614.41 |
130 | 85.20 | 58.70 | 26.51 | 3,555.71 |
131 | 85.20 | 59.13 | 26.08 | 3,496.58 |
132 | 85.20 | 59.56 | 25.64 | 3,437.02 |
133 | 85.20 | 60.00 | 25.20 | 3,377.02 |
134 | 85.20 | 60.44 | 24.76 | 3,316.58 |
135 | 85.20 | 60.88 | 24.32 | 3,255.70 |
136 | 85.20 | 61.33 | 23.88 | 3,194.37 |
137 | 85.20 | 61.78 | 23.43 | 3,132.59 |
138 | 85.20 | 62.23 | 22.97 | 3,070.36 |
139 | 85.20 | 62.69 | 22.52 | 3,007.67 |
140 | 85.20 | 63.15 | 22.06 | 2,944.52 |
141 | 85.20 | 63.61 | 21.59 | 2,880.91 |
142 | 85.20 | 64.08 | 21.13 | 2,816.83 |
143 | 85.20 | 64.55 | 20.66 | 2,752.28 |
144 | 85.20 | 65.02 | 20.18 | 2,687.26 |
145 | 85.20 | 65.50 | 19.71 | 2,621.76 |
146 | 85.20 | 65.98 | 19.23 | 2,555.79 |
147 | 85.20 | 66.46 | 18.74 | 2,489.32 |
148 | 85.20 | 66.95 | 18.26 | 2,422.38 |
149 | 85.20 | 67.44 | 17.76 | 2,354.94 |
150 | 85.20 | 67.93 | 17.27 | 2,287.00 |
151 | 85.20 | 68.43 | 16.77 | 2,218.57 |
152 | 85.20 | 68.93 | 16.27 | 2,149.63 |
153 | 85.20 | 69.44 | 15.76 | 2,080.19 |
154 | 85.20 | 69.95 | 15.25 | 2,010.24 |
155 | 85.20 | 70.46 | 14.74 | 1,939.78 |
156 | 85.20 | 70.98 | 14.23 | 1,868.80 |
157 | 85.20 | 71.50 | 13.70 | 1,797.30 |
158 | 85.20 | 72.02 | 13.18 | 1,725.28 |
159 | 85.20 | 72.55 | 12.65 | 1,652.72 |
160 | 85.20 | 73.08 | 12.12 | 1,579.64 |
161 | 85.20 | 73.62 | 11.58 | 1,506.02 |
162 | 85.20 | 74.16 | 11.04 | 1,431.86 |
163 | 85.20 | 74.70 | 10.50 | 1,357.16 |
164 | 85.20 | 75.25 | 9.95 | 1,281.90 |
165 | 85.20 | 75.80 | 9.40 | 1,206.10 |
166 | 85.20 | 76.36 | 8.84 | 1,129.74 |
167 | 85.20 | 76.92 | 8.28 | 1,052.82 |
168 | 85.20 | 77.48 | 7.72 | 975.34 |
169 | 85.20 | 78.05 | 7.15 | 897.29 |
170 | 85.20 | 78.62 | 6.58 | 818.66 |
171 | 85.20 | 79.20 | 6.00 | 739.46 |
172 | 85.20 | 79.78 | 5.42 | 659.68 |
173 | 85.20 | 80.37 | 4.84 | 579.31 |
174 | 85.20 | 80.96 | 4.25 | 498.36 |
175 | 85.20 | 81.55 | 3.65 | 416.81 |
176 | 85.20 | 82.15 | 3.06 | 334.66 |
177 | 85.20 | 82.75 | 2.45 | 251.91 |
178 | 85.20 | 83.36 | 1.85 | 168.55 |
179 | 85.20 | 83.97 | 1.24 | 84.58 |
180 | 85.20 | 84.58 | 0.62 | 0.00 |