Mortgage Loan of $1,200 for 15 Years at 8.875%
What's the payment on a 15 year home loan for $1.2k at 8.875% interest?
Results
Monthly payment: $12.08
$145 per year
What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $1.2k 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 1,200 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 | 12.08 | 3.21 | 8.88 | 1,196.79 |
2 | 12.08 | 3.23 | 8.85 | 1,193.56 |
3 | 12.08 | 3.25 | 8.83 | 1,190.31 |
4 | 12.08 | 3.28 | 8.80 | 1,187.03 |
5 | 12.08 | 3.30 | 8.78 | 1,183.73 |
6 | 12.08 | 3.33 | 8.75 | 1,180.40 |
7 | 12.08 | 3.35 | 8.73 | 1,177.05 |
8 | 12.08 | 3.38 | 8.71 | 1,173.67 |
9 | 12.08 | 3.40 | 8.68 | 1,170.27 |
10 | 12.08 | 3.43 | 8.66 | 1,166.84 |
11 | 12.08 | 3.45 | 8.63 | 1,163.39 |
12 | 12.08 | 3.48 | 8.60 | 1,159.91 |
13 | 12.08 | 3.50 | 8.58 | 1,156.41 |
14 | 12.08 | 3.53 | 8.55 | 1,152.88 |
15 | 12.08 | 3.56 | 8.53 | 1,149.32 |
16 | 12.08 | 3.58 | 8.50 | 1,145.74 |
17 | 12.08 | 3.61 | 8.47 | 1,142.13 |
18 | 12.08 | 3.64 | 8.45 | 1,138.50 |
19 | 12.08 | 3.66 | 8.42 | 1,134.83 |
20 | 12.08 | 3.69 | 8.39 | 1,131.14 |
21 | 12.08 | 3.72 | 8.37 | 1,127.43 |
22 | 12.08 | 3.74 | 8.34 | 1,123.68 |
23 | 12.08 | 3.77 | 8.31 | 1,119.91 |
24 | 12.08 | 3.80 | 8.28 | 1,116.11 |
25 | 12.08 | 3.83 | 8.25 | 1,112.29 |
26 | 12.08 | 3.86 | 8.23 | 1,108.43 |
27 | 12.08 | 3.88 | 8.20 | 1,104.55 |
28 | 12.08 | 3.91 | 8.17 | 1,100.63 |
29 | 12.08 | 3.94 | 8.14 | 1,096.69 |
30 | 12.08 | 3.97 | 8.11 | 1,092.72 |
31 | 12.08 | 4.00 | 8.08 | 1,088.72 |
32 | 12.08 | 4.03 | 8.05 | 1,084.69 |
33 | 12.08 | 4.06 | 8.02 | 1,080.63 |
34 | 12.08 | 4.09 | 7.99 | 1,076.54 |
35 | 12.08 | 4.12 | 7.96 | 1,072.42 |
36 | 12.08 | 4.15 | 7.93 | 1,068.27 |
37 | 12.08 | 4.18 | 7.90 | 1,064.09 |
38 | 12.08 | 4.21 | 7.87 | 1,059.87 |
39 | 12.08 | 4.24 | 7.84 | 1,055.63 |
40 | 12.08 | 4.27 | 7.81 | 1,051.36 |
41 | 12.08 | 4.31 | 7.78 | 1,047.05 |
42 | 12.08 | 4.34 | 7.74 | 1,042.71 |
43 | 12.08 | 4.37 | 7.71 | 1,038.34 |
44 | 12.08 | 4.40 | 7.68 | 1,033.94 |
45 | 12.08 | 4.44 | 7.65 | 1,029.50 |
46 | 12.08 | 4.47 | 7.61 | 1,025.03 |
47 | 12.08 | 4.50 | 7.58 | 1,020.53 |
48 | 12.08 | 4.53 | 7.55 | 1,016.00 |
49 | 12.08 | 4.57 | 7.51 | 1,011.43 |
50 | 12.08 | 4.60 | 7.48 | 1,006.83 |
51 | 12.08 | 4.64 | 7.45 | 1,002.19 |
52 | 12.08 | 4.67 | 7.41 | 997.52 |
53 | 12.08 | 4.70 | 7.38 | 992.82 |
54 | 12.08 | 4.74 | 7.34 | 988.08 |
55 | 12.08 | 4.77 | 7.31 | 983.30 |
56 | 12.08 | 4.81 | 7.27 | 978.49 |
57 | 12.08 | 4.85 | 7.24 | 973.65 |
58 | 12.08 | 4.88 | 7.20 | 968.77 |
59 | 12.08 | 4.92 | 7.16 | 963.85 |
60 | 12.08 | 4.95 | 7.13 | 958.90 |
61 | 12.08 | 4.99 | 7.09 | 953.91 |
62 | 12.08 | 5.03 | 7.05 | 948.88 |
63 | 12.08 | 5.06 | 7.02 | 943.82 |
64 | 12.08 | 5.10 | 6.98 | 938.71 |
65 | 12.08 | 5.14 | 6.94 | 933.57 |
66 | 12.08 | 5.18 | 6.90 | 928.40 |
67 | 12.08 | 5.22 | 6.87 | 923.18 |
68 | 12.08 | 5.25 | 6.83 | 917.93 |
69 | 12.08 | 5.29 | 6.79 | 912.63 |
70 | 12.08 | 5.33 | 6.75 | 907.30 |
71 | 12.08 | 5.37 | 6.71 | 901.93 |
72 | 12.08 | 5.41 | 6.67 | 896.52 |
73 | 12.08 | 5.45 | 6.63 | 891.07 |
74 | 12.08 | 5.49 | 6.59 | 885.57 |
75 | 12.08 | 5.53 | 6.55 | 880.04 |
76 | 12.08 | 5.57 | 6.51 | 874.47 |
77 | 12.08 | 5.61 | 6.47 | 868.85 |
78 | 12.08 | 5.66 | 6.43 | 863.20 |
79 | 12.08 | 5.70 | 6.38 | 857.50 |
80 | 12.08 | 5.74 | 6.34 | 851.76 |
81 | 12.08 | 5.78 | 6.30 | 845.98 |
82 | 12.08 | 5.83 | 6.26 | 840.15 |
83 | 12.08 | 5.87 | 6.21 | 834.28 |
84 | 12.08 | 5.91 | 6.17 | 828.37 |
85 | 12.08 | 5.96 | 6.13 | 822.41 |
86 | 12.08 | 6.00 | 6.08 | 816.41 |
87 | 12.08 | 6.04 | 6.04 | 810.37 |
88 | 12.08 | 6.09 | 5.99 | 804.28 |
89 | 12.08 | 6.13 | 5.95 | 798.15 |
90 | 12.08 | 6.18 | 5.90 | 791.97 |
91 | 12.08 | 6.22 | 5.86 | 785.74 |
92 | 12.08 | 6.27 | 5.81 | 779.47 |
93 | 12.08 | 6.32 | 5.76 | 773.16 |
94 | 12.08 | 6.36 | 5.72 | 766.79 |
95 | 12.08 | 6.41 | 5.67 | 760.38 |
96 | 12.08 | 6.46 | 5.62 | 753.92 |
97 | 12.08 | 6.51 | 5.58 | 747.42 |
98 | 12.08 | 6.55 | 5.53 | 740.86 |
99 | 12.08 | 6.60 | 5.48 | 734.26 |
100 | 12.08 | 6.65 | 5.43 | 727.61 |
101 | 12.08 | 6.70 | 5.38 | 720.91 |
102 | 12.08 | 6.75 | 5.33 | 714.16 |
103 | 12.08 | 6.80 | 5.28 | 707.35 |
104 | 12.08 | 6.85 | 5.23 | 700.50 |
105 | 12.08 | 6.90 | 5.18 | 693.60 |
106 | 12.08 | 6.95 | 5.13 | 686.65 |
107 | 12.08 | 7.00 | 5.08 | 679.65 |
108 | 12.08 | 7.06 | 5.03 | 672.59 |
109 | 12.08 | 7.11 | 4.97 | 665.48 |
110 | 12.08 | 7.16 | 4.92 | 658.32 |
111 | 12.08 | 7.21 | 4.87 | 651.11 |
112 | 12.08 | 7.27 | 4.82 | 643.84 |
113 | 12.08 | 7.32 | 4.76 | 636.52 |
114 | 12.08 | 7.37 | 4.71 | 629.15 |
115 | 12.08 | 7.43 | 4.65 | 621.72 |
116 | 12.08 | 7.48 | 4.60 | 614.24 |
117 | 12.08 | 7.54 | 4.54 | 606.70 |
118 | 12.08 | 7.60 | 4.49 | 599.10 |
119 | 12.08 | 7.65 | 4.43 | 591.45 |
120 | 12.08 | 7.71 | 4.37 | 583.74 |
121 | 12.08 | 7.76 | 4.32 | 575.98 |
122 | 12.08 | 7.82 | 4.26 | 568.15 |
123 | 12.08 | 7.88 | 4.20 | 560.27 |
124 | 12.08 | 7.94 | 4.14 | 552.34 |
125 | 12.08 | 8.00 | 4.08 | 544.34 |
126 | 12.08 | 8.06 | 4.03 | 536.28 |
127 | 12.08 | 8.12 | 3.97 | 528.17 |
128 | 12.08 | 8.18 | 3.91 | 519.99 |
129 | 12.08 | 8.24 | 3.85 | 511.75 |
130 | 12.08 | 8.30 | 3.78 | 503.46 |
131 | 12.08 | 8.36 | 3.72 | 495.10 |
132 | 12.08 | 8.42 | 3.66 | 486.68 |
133 | 12.08 | 8.48 | 3.60 | 478.19 |
134 | 12.08 | 8.55 | 3.54 | 469.65 |
135 | 12.08 | 8.61 | 3.47 | 461.04 |
136 | 12.08 | 8.67 | 3.41 | 452.37 |
137 | 12.08 | 8.74 | 3.35 | 443.63 |
138 | 12.08 | 8.80 | 3.28 | 434.83 |
139 | 12.08 | 8.87 | 3.22 | 425.96 |
140 | 12.08 | 8.93 | 3.15 | 417.03 |
141 | 12.08 | 9.00 | 3.08 | 408.04 |
142 | 12.08 | 9.06 | 3.02 | 398.97 |
143 | 12.08 | 9.13 | 2.95 | 389.84 |
144 | 12.08 | 9.20 | 2.88 | 380.64 |
145 | 12.08 | 9.27 | 2.82 | 371.37 |
146 | 12.08 | 9.34 | 2.75 | 362.04 |
147 | 12.08 | 9.40 | 2.68 | 352.63 |
148 | 12.08 | 9.47 | 2.61 | 343.16 |
149 | 12.08 | 9.54 | 2.54 | 333.62 |
150 | 12.08 | 9.61 | 2.47 | 324.00 |
151 | 12.08 | 9.69 | 2.40 | 314.31 |
152 | 12.08 | 9.76 | 2.32 | 304.56 |
153 | 12.08 | 9.83 | 2.25 | 294.73 |
154 | 12.08 | 9.90 | 2.18 | 284.82 |
155 | 12.08 | 9.98 | 2.11 | 274.85 |
156 | 12.08 | 10.05 | 2.03 | 264.80 |
157 | 12.08 | 10.12 | 1.96 | 254.68 |
158 | 12.08 | 10.20 | 1.88 | 244.48 |
159 | 12.08 | 10.27 | 1.81 | 234.20 |
160 | 12.08 | 10.35 | 1.73 | 223.85 |
161 | 12.08 | 10.43 | 1.66 | 213.43 |
162 | 12.08 | 10.50 | 1.58 | 202.92 |
163 | 12.08 | 10.58 | 1.50 | 192.34 |
164 | 12.08 | 10.66 | 1.42 | 181.68 |
165 | 12.08 | 10.74 | 1.34 | 170.94 |
166 | 12.08 | 10.82 | 1.26 | 160.13 |
167 | 12.08 | 10.90 | 1.18 | 149.23 |
168 | 12.08 | 10.98 | 1.10 | 138.25 |
169 | 12.08 | 11.06 | 1.02 | 127.19 |
170 | 12.08 | 11.14 | 0.94 | 116.05 |
171 | 12.08 | 11.22 | 0.86 | 104.82 |
172 | 12.08 | 11.31 | 0.78 | 93.52 |
173 | 12.08 | 11.39 | 0.69 | 82.13 |
174 | 12.08 | 11.47 | 0.61 | 70.65 |
175 | 12.08 | 11.56 | 0.52 | 59.09 |
176 | 12.08 | 11.65 | 0.44 | 47.45 |
177 | 12.08 | 11.73 | 0.35 | 35.72 |
178 | 12.08 | 11.82 | 0.26 | 23.90 |
179 | 12.08 | 11.91 | 0.18 | 11.99 |
180 | 12.08 | 11.99 | 0.09 | 0.00 |