Mortgage Loan of $107,500 for 15 Years at 8.875%

What's the payment on a 15 year home loan for $107.5k at 8.875% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $1,082.36
$12,988 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $107.5k 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 107,500 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 1,082.36 287.31 795.05 107,212.69
2 1,082.36 289.43 792.93 106,923.26
3 1,082.36 291.57 790.79 106,631.69
4 1,082.36 293.73 788.63 106,337.97
5 1,082.36 295.90 786.46 106,042.07
6 1,082.36 298.09 784.27 105,743.98
7 1,082.36 300.29 782.06 105,443.69
8 1,082.36 302.51 779.84 105,141.17
9 1,082.36 304.75 777.61 104,836.42
10 1,082.36 307.00 775.35 104,529.42
11 1,082.36 309.28 773.08 104,220.14
12 1,082.36 311.56 770.79 103,908.58
13 1,082.36 313.87 768.49 103,594.71
14 1,082.36 316.19 766.17 103,278.52
15 1,082.36 318.53 763.83 102,960.00
16 1,082.36 320.88 761.47 102,639.12
17 1,082.36 323.26 759.10 102,315.86
18 1,082.36 325.65 756.71 101,990.21
19 1,082.36 328.05 754.30 101,662.16
20 1,082.36 330.48 751.88 101,331.68
21 1,082.36 332.93 749.43 100,998.75
22 1,082.36 335.39 746.97 100,663.37
23 1,082.36 337.87 744.49 100,325.50
24 1,082.36 340.37 741.99 99,985.13
25 1,082.36 342.88 739.47 99,642.25
26 1,082.36 345.42 736.94 99,296.83
27 1,082.36 347.97 734.38 98,948.85
28 1,082.36 350.55 731.81 98,598.30
29 1,082.36 353.14 729.22 98,245.16
30 1,082.36 355.75 726.60 97,889.41
31 1,082.36 358.38 723.97 97,531.03
32 1,082.36 361.03 721.32 97,169.99
33 1,082.36 363.70 718.65 96,806.29
34 1,082.36 366.39 715.96 96,439.89
35 1,082.36 369.10 713.25 96,070.79
36 1,082.36 371.83 710.52 95,698.96
37 1,082.36 374.58 707.77 95,324.37
38 1,082.36 377.35 705.00 94,947.02
39 1,082.36 380.15 702.21 94,566.87
40 1,082.36 382.96 699.40 94,183.92
41 1,082.36 385.79 696.57 93,798.13
42 1,082.36 388.64 693.72 93,409.49
43 1,082.36 391.52 690.84 93,017.97
44 1,082.36 394.41 687.95 92,623.56
45 1,082.36 397.33 685.03 92,226.23
46 1,082.36 400.27 682.09 91,825.96
47 1,082.36 403.23 679.13 91,422.73
48 1,082.36 406.21 676.15 91,016.52
49 1,082.36 409.21 673.14 90,607.31
50 1,082.36 412.24 670.12 90,195.07
51 1,082.36 415.29 667.07 89,779.78
52 1,082.36 418.36 664.00 89,361.42
53 1,082.36 421.46 660.90 88,939.96
54 1,082.36 424.57 657.79 88,515.39
55 1,082.36 427.71 654.65 88,087.68
56 1,082.36 430.88 651.48 87,656.80
57 1,082.36 434.06 648.30 87,222.74
58 1,082.36 437.27 645.08 86,785.47
59 1,082.36 440.51 641.85 86,344.96
60 1,082.36 443.76 638.59 85,901.20
61 1,082.36 447.05 635.31 85,454.15
62 1,082.36 450.35 632.00 85,003.80
63 1,082.36 453.68 628.67 84,550.11
64 1,082.36 457.04 625.32 84,093.07
65 1,082.36 460.42 621.94 83,632.66
66 1,082.36 463.82 618.53 83,168.83
67 1,082.36 467.25 615.10 82,701.58
68 1,082.36 470.71 611.65 82,230.87
69 1,082.36 474.19 608.17 81,756.68
70 1,082.36 477.70 604.66 81,278.98
71 1,082.36 481.23 601.13 80,797.74
72 1,082.36 484.79 597.57 80,312.95
73 1,082.36 488.38 593.98 79,824.58
74 1,082.36 491.99 590.37 79,332.59
75 1,082.36 495.63 586.73 78,836.96
76 1,082.36 499.29 583.07 78,337.67
77 1,082.36 502.99 579.37 77,834.69
78 1,082.36 506.71 575.65 77,327.98
79 1,082.36 510.45 571.90 76,817.53
80 1,082.36 514.23 568.13 76,303.30
81 1,082.36 518.03 564.33 75,785.27
82 1,082.36 521.86 560.50 75,263.41
83 1,082.36 525.72 556.64 74,737.69
84 1,082.36 529.61 552.75 74,208.08
85 1,082.36 533.53 548.83 73,674.55
86 1,082.36 537.47 544.88 73,137.08
87 1,082.36 541.45 540.91 72,595.63
88 1,082.36 545.45 536.91 72,050.18
89 1,082.36 549.49 532.87 71,500.69
90 1,082.36 553.55 528.81 70,947.14
91 1,082.36 557.64 524.71 70,389.50
92 1,082.36 561.77 520.59 69,827.73
93 1,082.36 565.92 516.43 69,261.80
94 1,082.36 570.11 512.25 68,691.70
95 1,082.36 574.33 508.03 68,117.37
96 1,082.36 578.57 503.78 67,538.80
97 1,082.36 582.85 499.51 66,955.95
98 1,082.36 587.16 495.20 66,368.78
99 1,082.36 591.50 490.85 65,777.28
100 1,082.36 595.88 486.48 65,181.40
101 1,082.36 600.29 482.07 64,581.11
102 1,082.36 604.73 477.63 63,976.39
103 1,082.36 609.20 473.16 63,367.19
104 1,082.36 613.70 468.65 62,753.48
105 1,082.36 618.24 464.11 62,135.24
106 1,082.36 622.82 459.54 61,512.42
107 1,082.36 627.42 454.94 60,885.00
108 1,082.36 632.06 450.30 60,252.94
109 1,082.36 636.74 445.62 59,616.20
110 1,082.36 641.45 440.91 58,974.76
111 1,082.36 646.19 436.17 58,328.57
112 1,082.36 650.97 431.39 57,677.60
113 1,082.36 655.78 426.57 57,021.82
114 1,082.36 660.63 421.72 56,361.18
115 1,082.36 665.52 416.84 55,695.66
116 1,082.36 670.44 411.92 55,025.22
117 1,082.36 675.40 406.96 54,349.82
118 1,082.36 680.40 401.96 53,669.43
119 1,082.36 685.43 396.93 52,984.00
120 1,082.36 690.50 391.86 52,293.50
121 1,082.36 695.60 386.75 51,597.90
122 1,082.36 700.75 381.61 50,897.15
123 1,082.36 705.93 376.43 50,191.22
124 1,082.36 711.15 371.21 49,480.07
125 1,082.36 716.41 365.95 48,763.66
126 1,082.36 721.71 360.65 48,041.95
127 1,082.36 727.05 355.31 47,314.90
128 1,082.36 732.42 349.93 46,582.48
129 1,082.36 737.84 344.52 45,844.64
130 1,082.36 743.30 339.06 45,101.34
131 1,082.36 748.80 333.56 44,352.54
132 1,082.36 754.33 328.02 43,598.21
133 1,082.36 759.91 322.45 42,838.30
134 1,082.36 765.53 316.82 42,072.76
135 1,082.36 771.19 311.16 41,301.57
136 1,082.36 776.90 305.46 40,524.67
137 1,082.36 782.64 299.71 39,742.03
138 1,082.36 788.43 293.93 38,953.60
139 1,082.36 794.26 288.09 38,159.33
140 1,082.36 800.14 282.22 37,359.20
141 1,082.36 806.05 276.30 36,553.14
142 1,082.36 812.02 270.34 35,741.12
143 1,082.36 818.02 264.34 34,923.10
144 1,082.36 824.07 258.29 34,099.03
145 1,082.36 830.17 252.19 33,268.86
146 1,082.36 836.31 246.05 32,432.56
147 1,082.36 842.49 239.87 31,590.07
148 1,082.36 848.72 233.63 30,741.34
149 1,082.36 855.00 227.36 29,886.34
150 1,082.36 861.32 221.03 29,025.02
151 1,082.36 867.69 214.66 28,157.33
152 1,082.36 874.11 208.25 27,283.22
153 1,082.36 880.58 201.78 26,402.64
154 1,082.36 887.09 195.27 25,515.55
155 1,082.36 893.65 188.71 24,621.91
156 1,082.36 900.26 182.10 23,721.65
157 1,082.36 906.92 175.44 22,814.73
158 1,082.36 913.62 168.73 21,901.11
159 1,082.36 920.38 161.98 20,980.73
160 1,082.36 927.19 155.17 20,053.54
161 1,082.36 934.04 148.31 19,119.50
162 1,082.36 940.95 141.40 18,178.54
163 1,082.36 947.91 134.45 17,230.63
164 1,082.36 954.92 127.43 16,275.71
165 1,082.36 961.98 120.37 15,313.72
166 1,082.36 969.10 113.26 14,344.62
167 1,082.36 976.27 106.09 13,368.36
168 1,082.36 983.49 98.87 12,384.87
169 1,082.36 990.76 91.60 11,394.11
170 1,082.36 998.09 84.27 10,396.02
171 1,082.36 1,005.47 76.89 9,390.55
172 1,082.36 1,012.91 69.45 8,377.64
173 1,082.36 1,020.40 61.96 7,357.25
174 1,082.36 1,027.94 54.41 6,329.30
175 1,082.36 1,035.55 46.81 5,293.75
176 1,082.36 1,043.21 39.15 4,250.55
177 1,082.36 1,050.92 31.44 3,199.63
178 1,082.36 1,058.69 23.66 2,140.93
179 1,082.36 1,066.52 15.83 1,074.41
180 1,082.36 1,074.41 7.95 0.00