Mortgage Loan of $18,000 for 10 Years at 7.875%

What's the payment on a 10 year home loan for $18k at 7.875% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $217.20

$2,606 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $18k 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 18,000 loan for 10 years at 7.875 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	217.20	99.08	118.13	17,900.92
2	217.20	99.73	117.47	17,801.19
3	217.20	100.38	116.82	17,700.81
4	217.20	101.04	116.16	17,599.77
5	217.20	101.70	115.50	17,498.07
6	217.20	102.37	114.83	17,395.70
7	217.20	103.04	114.16	17,292.65
8	217.20	103.72	113.48	17,188.93
9	217.20	104.40	112.80	17,084.53
10	217.20	105.09	112.12	16,979.45
11	217.20	105.77	111.43	16,873.67
12	217.20	106.47	110.73	16,767.20
13	217.20	107.17	110.03	16,660.04
14	217.20	107.87	109.33	16,552.16
15	217.20	108.58	108.62	16,443.59
16	217.20	109.29	107.91	16,334.29
17	217.20	110.01	107.19	16,224.29
18	217.20	110.73	106.47	16,113.55
19	217.20	111.46	105.75	16,002.10
20	217.20	112.19	105.01	15,889.91
21	217.20	112.93	104.28	15,776.98
22	217.20	113.67	103.54	15,663.32
23	217.20	114.41	102.79	15,548.90
24	217.20	115.16	102.04	15,433.74
25	217.20	115.92	101.28	15,317.82
26	217.20	116.68	100.52	15,201.14
27	217.20	117.45	99.76	15,083.70
28	217.20	118.22	98.99	14,965.48
29	217.20	118.99	98.21	14,846.49
30	217.20	119.77	97.43	14,726.72
31	217.20	120.56	96.64	14,606.16
32	217.20	121.35	95.85	14,484.81
33	217.20	122.15	95.06	14,362.66
34	217.20	122.95	94.25	14,239.72
35	217.20	123.75	93.45	14,115.96
36	217.20	124.57	92.64	13,991.40
37	217.20	125.38	91.82	13,866.01
38	217.20	126.21	91.00	13,739.81
39	217.20	127.04	90.17	13,612.77
40	217.20	127.87	89.33	13,484.90
41	217.20	128.71	88.49	13,356.19
42	217.20	129.55	87.65	13,226.64
43	217.20	130.40	86.80	13,096.24
44	217.20	131.26	85.94	12,964.98
45	217.20	132.12	85.08	12,832.86
46	217.20	132.99	84.22	12,699.87
47	217.20	133.86	83.34	12,566.01
48	217.20	134.74	82.46	12,431.27
49	217.20	135.62	81.58	12,295.65
50	217.20	136.51	80.69	12,159.14
51	217.20	137.41	79.79	12,021.73
52	217.20	138.31	78.89	11,883.42
53	217.20	139.22	77.98	11,744.20
54	217.20	140.13	77.07	11,604.07
55	217.20	141.05	76.15	11,463.02
56	217.20	141.98	75.23	11,321.05
57	217.20	142.91	74.29	11,178.14
58	217.20	143.85	73.36	11,034.29
59	217.20	144.79	72.41	10,889.50
60	217.20	145.74	71.46	10,743.76
61	217.20	146.70	70.51	10,597.06
62	217.20	147.66	69.54	10,449.41
63	217.20	148.63	68.57	10,300.78
64	217.20	149.60	67.60	10,151.17
65	217.20	150.59	66.62	10,000.59
66	217.20	151.57	65.63	9,849.01
67	217.20	152.57	64.63	9,696.45
68	217.20	153.57	63.63	9,542.88
69	217.20	154.58	62.63	9,388.30
70	217.20	155.59	61.61	9,232.71
71	217.20	156.61	60.59	9,076.09
72	217.20	157.64	59.56	8,918.45
73	217.20	158.68	58.53	8,759.78
74	217.20	159.72	57.49	8,600.06
75	217.20	160.76	56.44	8,439.30
76	217.20	161.82	55.38	8,277.48
77	217.20	162.88	54.32	8,114.60
78	217.20	163.95	53.25	7,950.64
79	217.20	165.03	52.18	7,785.62
80	217.20	166.11	51.09	7,619.51
81	217.20	167.20	50.00	7,452.31
82	217.20	168.30	48.91	7,284.01
83	217.20	169.40	47.80	7,114.61
84	217.20	170.51	46.69	6,944.10
85	217.20	171.63	45.57	6,772.47
86	217.20	172.76	44.44	6,599.71
87	217.20	173.89	43.31	6,425.82
88	217.20	175.03	42.17	6,250.78
89	217.20	176.18	41.02	6,074.60
90	217.20	177.34	39.86	5,897.26
91	217.20	178.50	38.70	5,718.76
92	217.20	179.67	37.53	5,539.09
93	217.20	180.85	36.35	5,358.24
94	217.20	182.04	35.16	5,176.20
95	217.20	183.23	33.97	4,992.96
96	217.20	184.44	32.77	4,808.53
97	217.20	185.65	31.56	4,622.88
98	217.20	186.86	30.34	4,436.01
99	217.20	188.09	29.11	4,247.92
100	217.20	189.33	27.88	4,058.60
101	217.20	190.57	26.63	3,868.03
102	217.20	191.82	25.38	3,676.21
103	217.20	193.08	24.13	3,483.13
104	217.20	194.34	22.86	3,288.79
105	217.20	195.62	21.58	3,093.17
106	217.20	196.90	20.30	2,896.27
107	217.20	198.20	19.01	2,698.07
108	217.20	199.50	17.71	2,498.57
109	217.20	200.81	16.40	2,297.77
110	217.20	202.12	15.08	2,095.64
111	217.20	203.45	13.75	1,892.19
112	217.20	204.79	12.42	1,687.41
113	217.20	206.13	11.07	1,481.28
114	217.20	207.48	9.72	1,273.80
115	217.20	208.84	8.36	1,064.96
116	217.20	210.21	6.99	854.74
117	217.20	211.59	5.61	643.15
118	217.20	212.98	4.22	430.17
119	217.20	214.38	2.82	215.79
120	217.20	215.79	1.42	0.00