Mortgage Loan of $119,000 for 15 Years at 8.875%

What's the payment on a 15 year home loan for $119k at 8.875% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $1,198.14
$14,378 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 8.875 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 1,198.14 318.04 880.10 118,681.96
2 1,198.14 320.39 877.75 118,361.57
3 1,198.14 322.76 875.38 118,038.81
4 1,198.14 325.15 873.00 117,713.66
5 1,198.14 327.55 870.59 117,386.10
6 1,198.14 329.98 868.17 117,056.13
7 1,198.14 332.42 865.73 116,723.71
8 1,198.14 334.88 863.27 116,388.83
9 1,198.14 337.35 860.79 116,051.48
10 1,198.14 339.85 858.30 115,711.63
11 1,198.14 342.36 855.78 115,369.27
12 1,198.14 344.89 853.25 115,024.38
13 1,198.14 347.44 850.70 114,676.94
14 1,198.14 350.01 848.13 114,326.93
15 1,198.14 352.60 845.54 113,974.32
16 1,198.14 355.21 842.94 113,619.11
17 1,198.14 357.84 840.31 113,261.28
18 1,198.14 360.48 837.66 112,900.80
19 1,198.14 363.15 835.00 112,537.65
20 1,198.14 365.83 832.31 112,171.81
21 1,198.14 368.54 829.60 111,803.27
22 1,198.14 371.27 826.88 111,432.00
23 1,198.14 374.01 824.13 111,057.99
24 1,198.14 376.78 821.37 110,681.21
25 1,198.14 379.56 818.58 110,301.65
26 1,198.14 382.37 815.77 109,919.28
27 1,198.14 385.20 812.94 109,534.08
28 1,198.14 388.05 810.10 109,146.03
29 1,198.14 390.92 807.23 108,755.11
30 1,198.14 393.81 804.33 108,361.30
31 1,198.14 396.72 801.42 107,964.58
32 1,198.14 399.66 798.49 107,564.92
33 1,198.14 402.61 795.53 107,162.31
34 1,198.14 405.59 792.55 106,756.72
35 1,198.14 408.59 789.55 106,348.13
36 1,198.14 411.61 786.53 105,936.52
37 1,198.14 414.66 783.49 105,521.86
38 1,198.14 417.72 780.42 105,104.14
39 1,198.14 420.81 777.33 104,683.33
40 1,198.14 423.92 774.22 104,259.41
41 1,198.14 427.06 771.09 103,832.35
42 1,198.14 430.22 767.93 103,402.13
43 1,198.14 433.40 764.74 102,968.73
44 1,198.14 436.60 761.54 102,532.12
45 1,198.14 439.83 758.31 102,092.29
46 1,198.14 443.09 755.06 101,649.20
47 1,198.14 446.36 751.78 101,202.84
48 1,198.14 449.67 748.48 100,753.17
49 1,198.14 452.99 745.15 100,300.18
50 1,198.14 456.34 741.80 99,843.84
51 1,198.14 459.72 738.43 99,384.13
52 1,198.14 463.12 735.03 98,921.01
53 1,198.14 466.54 731.60 98,454.47
54 1,198.14 469.99 728.15 97,984.48
55 1,198.14 473.47 724.68 97,511.01
56 1,198.14 476.97 721.18 97,034.04
57 1,198.14 480.50 717.65 96,553.54
58 1,198.14 484.05 714.09 96,069.49
59 1,198.14 487.63 710.51 95,581.86
60 1,198.14 491.24 706.91 95,090.63
61 1,198.14 494.87 703.27 94,595.76
62 1,198.14 498.53 699.61 94,097.23
63 1,198.14 502.22 695.93 93,595.01
64 1,198.14 505.93 692.21 93,089.08
65 1,198.14 509.67 688.47 92,579.40
66 1,198.14 513.44 684.70 92,065.96
67 1,198.14 517.24 680.90 91,548.72
68 1,198.14 521.07 677.08 91,027.66
69 1,198.14 524.92 673.23 90,502.74
70 1,198.14 528.80 669.34 89,973.94
71 1,198.14 532.71 665.43 89,441.22
72 1,198.14 536.65 661.49 88,904.57
73 1,198.14 540.62 657.52 88,363.95
74 1,198.14 544.62 653.53 87,819.33
75 1,198.14 548.65 649.50 87,270.68
76 1,198.14 552.71 645.44 86,717.98
77 1,198.14 556.79 641.35 86,161.19
78 1,198.14 560.91 637.23 85,600.28
79 1,198.14 565.06 633.09 85,035.22
80 1,198.14 569.24 628.91 84,465.98
81 1,198.14 573.45 624.70 83,892.53
82 1,198.14 577.69 620.46 83,314.84
83 1,198.14 581.96 616.18 82,732.88
84 1,198.14 586.27 611.88 82,146.61
85 1,198.14 590.60 607.54 81,556.01
86 1,198.14 594.97 603.17 80,961.04
87 1,198.14 599.37 598.77 80,361.67
88 1,198.14 603.80 594.34 79,757.87
89 1,198.14 608.27 589.88 79,149.60
90 1,198.14 612.77 585.38 78,536.83
91 1,198.14 617.30 580.85 77,919.53
92 1,198.14 621.86 576.28 77,297.67
93 1,198.14 626.46 571.68 76,671.21
94 1,198.14 631.10 567.05 76,040.11
95 1,198.14 635.76 562.38 75,404.34
96 1,198.14 640.47 557.68 74,763.88
97 1,198.14 645.20 552.94 74,118.67
98 1,198.14 649.98 548.17 73,468.70
99 1,198.14 654.78 543.36 72,813.92
100 1,198.14 659.62 538.52 72,154.29
101 1,198.14 664.50 533.64 71,489.79
102 1,198.14 669.42 528.73 70,820.37
103 1,198.14 674.37 523.78 70,146.00
104 1,198.14 679.36 518.79 69,466.65
105 1,198.14 684.38 513.76 68,782.27
106 1,198.14 689.44 508.70 68,092.82
107 1,198.14 694.54 503.60 67,398.28
108 1,198.14 699.68 498.47 66,698.60
109 1,198.14 704.85 493.29 65,993.75
110 1,198.14 710.07 488.08 65,283.69
111 1,198.14 715.32 482.83 64,568.37
112 1,198.14 720.61 477.54 63,847.76
113 1,198.14 725.94 472.21 63,121.82
114 1,198.14 731.31 466.84 62,390.52
115 1,198.14 736.71 461.43 61,653.80
116 1,198.14 742.16 455.98 60,911.64
117 1,198.14 747.65 450.49 60,163.99
118 1,198.14 753.18 444.96 59,410.81
119 1,198.14 758.75 439.39 58,652.05
120 1,198.14 764.36 433.78 57,887.69
121 1,198.14 770.02 428.13 57,117.67
122 1,198.14 775.71 422.43 56,341.96
123 1,198.14 781.45 416.70 55,560.51
124 1,198.14 787.23 410.92 54,773.29
125 1,198.14 793.05 405.09 53,980.24
126 1,198.14 798.92 399.23 53,181.32
127 1,198.14 804.82 393.32 52,376.50
128 1,198.14 810.78 387.37 51,565.72
129 1,198.14 816.77 381.37 50,748.95
130 1,198.14 822.81 375.33 49,926.13
131 1,198.14 828.90 369.25 49,097.23
132 1,198.14 835.03 363.11 48,262.20
133 1,198.14 841.21 356.94 47,421.00
134 1,198.14 847.43 350.72 46,573.57
135 1,198.14 853.69 344.45 45,719.88
136 1,198.14 860.01 338.14 44,859.87
137 1,198.14 866.37 331.78 43,993.50
138 1,198.14 872.78 325.37 43,120.73
139 1,198.14 879.23 318.91 42,241.49
140 1,198.14 885.73 312.41 41,355.76
141 1,198.14 892.28 305.86 40,463.48
142 1,198.14 898.88 299.26 39,564.59
143 1,198.14 905.53 292.61 38,659.06
144 1,198.14 912.23 285.92 37,746.83
145 1,198.14 918.98 279.17 36,827.86
146 1,198.14 925.77 272.37 35,902.09
147 1,198.14 932.62 265.53 34,969.47
148 1,198.14 939.52 258.63 34,029.95
149 1,198.14 946.46 251.68 33,083.49
150 1,198.14 953.46 244.68 32,130.02
151 1,198.14 960.52 237.63 31,169.51
152 1,198.14 967.62 230.52 30,201.89
153 1,198.14 974.78 223.37 29,227.11
154 1,198.14 981.99 216.16 28,245.13
155 1,198.14 989.25 208.90 27,255.88
156 1,198.14 996.56 201.58 26,259.31
157 1,198.14 1,003.93 194.21 25,255.38
158 1,198.14 1,011.36 186.78 24,244.02
159 1,198.14 1,018.84 179.30 23,225.18
160 1,198.14 1,026.37 171.77 22,198.80
161 1,198.14 1,033.97 164.18 21,164.84
162 1,198.14 1,041.61 156.53 20,123.22
163 1,198.14 1,049.32 148.83 19,073.91
164 1,198.14 1,057.08 141.07 18,016.83
165 1,198.14 1,064.89 133.25 16,951.94
166 1,198.14 1,072.77 125.37 15,879.17
167 1,198.14 1,080.70 117.44 14,798.46
168 1,198.14 1,088.70 109.45 13,709.76
169 1,198.14 1,096.75 101.40 12,613.01
170 1,198.14 1,104.86 93.28 11,508.15
171 1,198.14 1,113.03 85.11 10,395.12
172 1,198.14 1,121.26 76.88 9,273.86
173 1,198.14 1,129.56 68.59 8,144.30
174 1,198.14 1,137.91 60.23 7,006.39
175 1,198.14 1,146.33 51.82 5,860.06
176 1,198.14 1,154.80 43.34 4,705.26
177 1,198.14 1,163.35 34.80 3,541.91
178 1,198.14 1,171.95 26.20 2,369.96
179 1,198.14 1,180.62 17.53 1,189.35
180 1,198.14 1,189.35 8.80 0.00