Mortgage Loan of $119,000 for 15 Years at 8.85%

What's the payment on a 15 year home loan for $119k at 8.85% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $1,196.38
$14,357 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $119k 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 119,000 loan for 15 years at 8.85 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 1,196.38 318.76 877.63 118,681.24
2 1,196.38 321.11 875.27 118,360.14
3 1,196.38 323.48 872.91 118,036.66
4 1,196.38 325.86 870.52 117,710.80
5 1,196.38 328.26 868.12 117,382.53
6 1,196.38 330.69 865.70 117,051.85
7 1,196.38 333.12 863.26 116,718.72
8 1,196.38 335.58 860.80 116,383.14
9 1,196.38 338.06 858.33 116,045.09
10 1,196.38 340.55 855.83 115,704.54
11 1,196.38 343.06 853.32 115,361.48
12 1,196.38 345.59 850.79 115,015.89
13 1,196.38 348.14 848.24 114,667.75
14 1,196.38 350.71 845.67 114,317.04
15 1,196.38 353.29 843.09 113,963.75
16 1,196.38 355.90 840.48 113,607.85
17 1,196.38 358.52 837.86 113,249.32
18 1,196.38 361.17 835.21 112,888.15
19 1,196.38 363.83 832.55 112,524.32
20 1,196.38 366.51 829.87 112,157.81
21 1,196.38 369.22 827.16 111,788.59
22 1,196.38 371.94 824.44 111,416.65
23 1,196.38 374.68 821.70 111,041.97
24 1,196.38 377.45 818.93 110,664.52
25 1,196.38 380.23 816.15 110,284.29
26 1,196.38 383.04 813.35 109,901.25
27 1,196.38 385.86 810.52 109,515.39
28 1,196.38 388.71 807.68 109,126.69
29 1,196.38 391.57 804.81 108,735.11
30 1,196.38 394.46 801.92 108,340.65
31 1,196.38 397.37 799.01 107,943.28
32 1,196.38 400.30 796.08 107,542.98
33 1,196.38 403.25 793.13 107,139.73
34 1,196.38 406.23 790.16 106,733.51
35 1,196.38 409.22 787.16 106,324.28
36 1,196.38 412.24 784.14 105,912.04
37 1,196.38 415.28 781.10 105,496.76
38 1,196.38 418.34 778.04 105,078.42
39 1,196.38 421.43 774.95 104,656.99
40 1,196.38 424.54 771.85 104,232.45
41 1,196.38 427.67 768.71 103,804.79
42 1,196.38 430.82 765.56 103,373.97
43 1,196.38 434.00 762.38 102,939.97
44 1,196.38 437.20 759.18 102,502.77
45 1,196.38 440.42 755.96 102,062.34
46 1,196.38 443.67 752.71 101,618.67
47 1,196.38 446.94 749.44 101,171.73
48 1,196.38 450.24 746.14 100,721.49
49 1,196.38 453.56 742.82 100,267.93
50 1,196.38 456.91 739.48 99,811.02
51 1,196.38 460.28 736.11 99,350.75
52 1,196.38 463.67 732.71 98,887.08
53 1,196.38 467.09 729.29 98,419.99
54 1,196.38 470.53 725.85 97,949.45
55 1,196.38 474.00 722.38 97,475.45
56 1,196.38 477.50 718.88 96,997.95
57 1,196.38 481.02 715.36 96,516.92
58 1,196.38 484.57 711.81 96,032.35
59 1,196.38 488.14 708.24 95,544.21
60 1,196.38 491.74 704.64 95,052.47
61 1,196.38 495.37 701.01 94,557.10
62 1,196.38 499.02 697.36 94,058.08
63 1,196.38 502.70 693.68 93,555.37
64 1,196.38 506.41 689.97 93,048.96
65 1,196.38 510.15 686.24 92,538.82
66 1,196.38 513.91 682.47 92,024.91
67 1,196.38 517.70 678.68 91,507.21
68 1,196.38 521.52 674.87 90,985.69
69 1,196.38 525.36 671.02 90,460.33
70 1,196.38 529.24 667.14 89,931.09
71 1,196.38 533.14 663.24 89,397.95
72 1,196.38 537.07 659.31 88,860.88
73 1,196.38 541.03 655.35 88,319.85
74 1,196.38 545.02 651.36 87,774.83
75 1,196.38 549.04 647.34 87,225.78
76 1,196.38 553.09 643.29 86,672.69
77 1,196.38 557.17 639.21 86,115.52
78 1,196.38 561.28 635.10 85,554.24
79 1,196.38 565.42 630.96 84,988.82
80 1,196.38 569.59 626.79 84,419.23
81 1,196.38 573.79 622.59 83,845.44
82 1,196.38 578.02 618.36 83,267.42
83 1,196.38 582.28 614.10 82,685.14
84 1,196.38 586.58 609.80 82,098.56
85 1,196.38 590.90 605.48 81,507.65
86 1,196.38 595.26 601.12 80,912.39
87 1,196.38 599.65 596.73 80,312.74
88 1,196.38 604.08 592.31 79,708.66
89 1,196.38 608.53 587.85 79,100.13
90 1,196.38 613.02 583.36 78,487.11
91 1,196.38 617.54 578.84 77,869.58
92 1,196.38 622.09 574.29 77,247.48
93 1,196.38 626.68 569.70 76,620.80
94 1,196.38 631.30 565.08 75,989.50
95 1,196.38 635.96 560.42 75,353.54
96 1,196.38 640.65 555.73 74,712.89
97 1,196.38 645.37 551.01 74,067.51
98 1,196.38 650.13 546.25 73,417.38
99 1,196.38 654.93 541.45 72,762.45
100 1,196.38 659.76 536.62 72,102.69
101 1,196.38 664.62 531.76 71,438.07
102 1,196.38 669.53 526.86 70,768.54
103 1,196.38 674.46 521.92 70,094.08
104 1,196.38 679.44 516.94 69,414.64
105 1,196.38 684.45 511.93 68,730.19
106 1,196.38 689.50 506.89 68,040.70
107 1,196.38 694.58 501.80 67,346.11
108 1,196.38 699.70 496.68 66,646.41
109 1,196.38 704.86 491.52 65,941.55
110 1,196.38 710.06 486.32 65,231.48
111 1,196.38 715.30 481.08 64,516.18
112 1,196.38 720.57 475.81 63,795.61
113 1,196.38 725.89 470.49 63,069.72
114 1,196.38 731.24 465.14 62,338.48
115 1,196.38 736.64 459.75 61,601.84
116 1,196.38 742.07 454.31 60,859.77
117 1,196.38 747.54 448.84 60,112.23
118 1,196.38 753.05 443.33 59,359.18
119 1,196.38 758.61 437.77 58,600.57
120 1,196.38 764.20 432.18 57,836.37
121 1,196.38 769.84 426.54 57,066.53
122 1,196.38 775.52 420.87 56,291.01
123 1,196.38 781.24 415.15 55,509.78
124 1,196.38 787.00 409.38 54,722.78
125 1,196.38 792.80 403.58 53,929.98
126 1,196.38 798.65 397.73 53,131.33
127 1,196.38 804.54 391.84 52,326.79
128 1,196.38 810.47 385.91 51,516.32
129 1,196.38 816.45 379.93 50,699.87
130 1,196.38 822.47 373.91 49,877.40
131 1,196.38 828.54 367.85 49,048.87
132 1,196.38 834.65 361.74 48,214.22
133 1,196.38 840.80 355.58 47,373.42
134 1,196.38 847.00 349.38 46,526.41
135 1,196.38 853.25 343.13 45,673.16
136 1,196.38 859.54 336.84 44,813.62
137 1,196.38 865.88 330.50 43,947.74
138 1,196.38 872.27 324.11 43,075.47
139 1,196.38 878.70 317.68 42,196.77
140 1,196.38 885.18 311.20 41,311.59
141 1,196.38 891.71 304.67 40,419.88
142 1,196.38 898.29 298.10 39,521.60
143 1,196.38 904.91 291.47 38,616.69
144 1,196.38 911.58 284.80 37,705.11
145 1,196.38 918.31 278.08 36,786.80
146 1,196.38 925.08 271.30 35,861.72
147 1,196.38 931.90 264.48 34,929.82
148 1,196.38 938.77 257.61 33,991.04
149 1,196.38 945.70 250.68 33,045.35
150 1,196.38 952.67 243.71 32,092.67
151 1,196.38 959.70 236.68 31,132.98
152 1,196.38 966.78 229.61 30,166.20
153 1,196.38 973.91 222.48 29,192.29
154 1,196.38 981.09 215.29 28,211.21
155 1,196.38 988.32 208.06 27,222.88
156 1,196.38 995.61 200.77 26,227.27
157 1,196.38 1,002.96 193.43 25,224.31
158 1,196.38 1,010.35 186.03 24,213.96
159 1,196.38 1,017.80 178.58 23,196.16
160 1,196.38 1,025.31 171.07 22,170.85
161 1,196.38 1,032.87 163.51 21,137.97
162 1,196.38 1,040.49 155.89 20,097.49
163 1,196.38 1,048.16 148.22 19,049.32
164 1,196.38 1,055.89 140.49 17,993.43
165 1,196.38 1,063.68 132.70 16,929.75
166 1,196.38 1,071.52 124.86 15,858.22
167 1,196.38 1,079.43 116.95 14,778.80
168 1,196.38 1,087.39 108.99 13,691.41
169 1,196.38 1,095.41 100.97 12,596.00
170 1,196.38 1,103.49 92.90 11,492.51
171 1,196.38 1,111.62 84.76 10,380.89
172 1,196.38 1,119.82 76.56 9,261.07
173 1,196.38 1,128.08 68.30 8,132.99
174 1,196.38 1,136.40 59.98 6,996.59
175 1,196.38 1,144.78 51.60 5,851.80
176 1,196.38 1,153.22 43.16 4,698.58
177 1,196.38 1,161.73 34.65 3,536.85
178 1,196.38 1,170.30 26.08 2,366.55
179 1,196.38 1,178.93 17.45 1,187.62
180 1,196.38 1,187.62 8.76 0.00