Mortgage Loan of $12,000 for 15 Years at 5.50%
What's the payment on a 15 year home loan for $12k at 5.50% interest?
Results
Monthly payment: $98.05
$1,177 per year
What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $12k 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 12,000 loan for 15 years at 5.50 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 | 98.05 | 43.05 | 55.00 | 11,956.95 |
2 | 98.05 | 43.25 | 54.80 | 11,913.70 |
3 | 98.05 | 43.45 | 54.60 | 11,870.26 |
4 | 98.05 | 43.64 | 54.41 | 11,826.61 |
5 | 98.05 | 43.84 | 54.21 | 11,782.77 |
6 | 98.05 | 44.05 | 54.00 | 11,738.72 |
7 | 98.05 | 44.25 | 53.80 | 11,694.47 |
8 | 98.05 | 44.45 | 53.60 | 11,650.02 |
9 | 98.05 | 44.65 | 53.40 | 11,605.37 |
10 | 98.05 | 44.86 | 53.19 | 11,560.51 |
11 | 98.05 | 45.06 | 52.99 | 11,515.45 |
12 | 98.05 | 45.27 | 52.78 | 11,470.18 |
13 | 98.05 | 45.48 | 52.57 | 11,424.70 |
14 | 98.05 | 45.69 | 52.36 | 11,379.01 |
15 | 98.05 | 45.90 | 52.15 | 11,333.11 |
16 | 98.05 | 46.11 | 51.94 | 11,287.01 |
17 | 98.05 | 46.32 | 51.73 | 11,240.69 |
18 | 98.05 | 46.53 | 51.52 | 11,194.16 |
19 | 98.05 | 46.74 | 51.31 | 11,147.42 |
20 | 98.05 | 46.96 | 51.09 | 11,100.46 |
21 | 98.05 | 47.17 | 50.88 | 11,053.29 |
22 | 98.05 | 47.39 | 50.66 | 11,005.90 |
23 | 98.05 | 47.61 | 50.44 | 10,958.29 |
24 | 98.05 | 47.82 | 50.23 | 10,910.47 |
25 | 98.05 | 48.04 | 50.01 | 10,862.42 |
26 | 98.05 | 48.26 | 49.79 | 10,814.16 |
27 | 98.05 | 48.49 | 49.56 | 10,765.67 |
28 | 98.05 | 48.71 | 49.34 | 10,716.97 |
29 | 98.05 | 48.93 | 49.12 | 10,668.04 |
30 | 98.05 | 49.15 | 48.90 | 10,618.88 |
31 | 98.05 | 49.38 | 48.67 | 10,569.50 |
32 | 98.05 | 49.61 | 48.44 | 10,519.89 |
33 | 98.05 | 49.83 | 48.22 | 10,470.06 |
34 | 98.05 | 50.06 | 47.99 | 10,420.00 |
35 | 98.05 | 50.29 | 47.76 | 10,369.71 |
36 | 98.05 | 50.52 | 47.53 | 10,319.18 |
37 | 98.05 | 50.75 | 47.30 | 10,268.43 |
38 | 98.05 | 50.99 | 47.06 | 10,217.44 |
39 | 98.05 | 51.22 | 46.83 | 10,166.22 |
40 | 98.05 | 51.45 | 46.60 | 10,114.77 |
41 | 98.05 | 51.69 | 46.36 | 10,063.08 |
42 | 98.05 | 51.93 | 46.12 | 10,011.15 |
43 | 98.05 | 52.17 | 45.88 | 9,958.99 |
44 | 98.05 | 52.40 | 45.65 | 9,906.58 |
45 | 98.05 | 52.64 | 45.41 | 9,853.94 |
46 | 98.05 | 52.89 | 45.16 | 9,801.05 |
47 | 98.05 | 53.13 | 44.92 | 9,747.92 |
48 | 98.05 | 53.37 | 44.68 | 9,694.55 |
49 | 98.05 | 53.62 | 44.43 | 9,640.93 |
50 | 98.05 | 53.86 | 44.19 | 9,587.07 |
51 | 98.05 | 54.11 | 43.94 | 9,532.96 |
52 | 98.05 | 54.36 | 43.69 | 9,478.60 |
53 | 98.05 | 54.61 | 43.44 | 9,424.00 |
54 | 98.05 | 54.86 | 43.19 | 9,369.14 |
55 | 98.05 | 55.11 | 42.94 | 9,314.03 |
56 | 98.05 | 55.36 | 42.69 | 9,258.67 |
57 | 98.05 | 55.61 | 42.44 | 9,203.06 |
58 | 98.05 | 55.87 | 42.18 | 9,147.19 |
59 | 98.05 | 56.13 | 41.92 | 9,091.06 |
60 | 98.05 | 56.38 | 41.67 | 9,034.68 |
61 | 98.05 | 56.64 | 41.41 | 8,978.04 |
62 | 98.05 | 56.90 | 41.15 | 8,921.14 |
63 | 98.05 | 57.16 | 40.89 | 8,863.98 |
64 | 98.05 | 57.42 | 40.63 | 8,806.55 |
65 | 98.05 | 57.69 | 40.36 | 8,748.87 |
66 | 98.05 | 57.95 | 40.10 | 8,690.92 |
67 | 98.05 | 58.22 | 39.83 | 8,632.70 |
68 | 98.05 | 58.48 | 39.57 | 8,574.22 |
69 | 98.05 | 58.75 | 39.30 | 8,515.46 |
70 | 98.05 | 59.02 | 39.03 | 8,456.44 |
71 | 98.05 | 59.29 | 38.76 | 8,397.15 |
72 | 98.05 | 59.56 | 38.49 | 8,337.59 |
73 | 98.05 | 59.84 | 38.21 | 8,277.75 |
74 | 98.05 | 60.11 | 37.94 | 8,217.64 |
75 | 98.05 | 60.39 | 37.66 | 8,157.26 |
76 | 98.05 | 60.66 | 37.39 | 8,096.59 |
77 | 98.05 | 60.94 | 37.11 | 8,035.65 |
78 | 98.05 | 61.22 | 36.83 | 7,974.43 |
79 | 98.05 | 61.50 | 36.55 | 7,912.93 |
80 | 98.05 | 61.78 | 36.27 | 7,851.15 |
81 | 98.05 | 62.07 | 35.98 | 7,789.08 |
82 | 98.05 | 62.35 | 35.70 | 7,726.73 |
83 | 98.05 | 62.64 | 35.41 | 7,664.10 |
84 | 98.05 | 62.92 | 35.13 | 7,601.18 |
85 | 98.05 | 63.21 | 34.84 | 7,537.96 |
86 | 98.05 | 63.50 | 34.55 | 7,474.46 |
87 | 98.05 | 63.79 | 34.26 | 7,410.67 |
88 | 98.05 | 64.08 | 33.97 | 7,346.59 |
89 | 98.05 | 64.38 | 33.67 | 7,282.21 |
90 | 98.05 | 64.67 | 33.38 | 7,217.54 |
91 | 98.05 | 64.97 | 33.08 | 7,152.57 |
92 | 98.05 | 65.27 | 32.78 | 7,087.30 |
93 | 98.05 | 65.57 | 32.48 | 7,021.73 |
94 | 98.05 | 65.87 | 32.18 | 6,955.86 |
95 | 98.05 | 66.17 | 31.88 | 6,889.70 |
96 | 98.05 | 66.47 | 31.58 | 6,823.22 |
97 | 98.05 | 66.78 | 31.27 | 6,756.45 |
98 | 98.05 | 67.08 | 30.97 | 6,689.36 |
99 | 98.05 | 67.39 | 30.66 | 6,621.97 |
100 | 98.05 | 67.70 | 30.35 | 6,554.27 |
101 | 98.05 | 68.01 | 30.04 | 6,486.26 |
102 | 98.05 | 68.32 | 29.73 | 6,417.94 |
103 | 98.05 | 68.63 | 29.42 | 6,349.31 |
104 | 98.05 | 68.95 | 29.10 | 6,280.36 |
105 | 98.05 | 69.27 | 28.78 | 6,211.09 |
106 | 98.05 | 69.58 | 28.47 | 6,141.51 |
107 | 98.05 | 69.90 | 28.15 | 6,071.61 |
108 | 98.05 | 70.22 | 27.83 | 6,001.39 |
109 | 98.05 | 70.54 | 27.51 | 5,930.85 |
110 | 98.05 | 70.87 | 27.18 | 5,859.98 |
111 | 98.05 | 71.19 | 26.86 | 5,788.79 |
112 | 98.05 | 71.52 | 26.53 | 5,717.27 |
113 | 98.05 | 71.85 | 26.20 | 5,645.42 |
114 | 98.05 | 72.18 | 25.87 | 5,573.25 |
115 | 98.05 | 72.51 | 25.54 | 5,500.74 |
116 | 98.05 | 72.84 | 25.21 | 5,427.90 |
117 | 98.05 | 73.17 | 24.88 | 5,354.73 |
118 | 98.05 | 73.51 | 24.54 | 5,281.22 |
119 | 98.05 | 73.84 | 24.21 | 5,207.38 |
120 | 98.05 | 74.18 | 23.87 | 5,133.20 |
121 | 98.05 | 74.52 | 23.53 | 5,058.67 |
122 | 98.05 | 74.86 | 23.19 | 4,983.81 |
123 | 98.05 | 75.21 | 22.84 | 4,908.60 |
124 | 98.05 | 75.55 | 22.50 | 4,833.05 |
125 | 98.05 | 75.90 | 22.15 | 4,757.15 |
126 | 98.05 | 76.25 | 21.80 | 4,680.90 |
127 | 98.05 | 76.60 | 21.45 | 4,604.31 |
128 | 98.05 | 76.95 | 21.10 | 4,527.36 |
129 | 98.05 | 77.30 | 20.75 | 4,450.06 |
130 | 98.05 | 77.65 | 20.40 | 4,372.41 |
131 | 98.05 | 78.01 | 20.04 | 4,294.40 |
132 | 98.05 | 78.37 | 19.68 | 4,216.03 |
133 | 98.05 | 78.73 | 19.32 | 4,137.30 |
134 | 98.05 | 79.09 | 18.96 | 4,058.22 |
135 | 98.05 | 79.45 | 18.60 | 3,978.77 |
136 | 98.05 | 79.81 | 18.24 | 3,898.95 |
137 | 98.05 | 80.18 | 17.87 | 3,818.77 |
138 | 98.05 | 80.55 | 17.50 | 3,738.23 |
139 | 98.05 | 80.92 | 17.13 | 3,657.31 |
140 | 98.05 | 81.29 | 16.76 | 3,576.02 |
141 | 98.05 | 81.66 | 16.39 | 3,494.36 |
142 | 98.05 | 82.03 | 16.02 | 3,412.33 |
143 | 98.05 | 82.41 | 15.64 | 3,329.92 |
144 | 98.05 | 82.79 | 15.26 | 3,247.13 |
145 | 98.05 | 83.17 | 14.88 | 3,163.96 |
146 | 98.05 | 83.55 | 14.50 | 3,080.41 |
147 | 98.05 | 83.93 | 14.12 | 2,996.48 |
148 | 98.05 | 84.32 | 13.73 | 2,912.17 |
149 | 98.05 | 84.70 | 13.35 | 2,827.46 |
150 | 98.05 | 85.09 | 12.96 | 2,742.37 |
151 | 98.05 | 85.48 | 12.57 | 2,656.89 |
152 | 98.05 | 85.87 | 12.18 | 2,571.02 |
153 | 98.05 | 86.27 | 11.78 | 2,484.75 |
154 | 98.05 | 86.66 | 11.39 | 2,398.09 |
155 | 98.05 | 87.06 | 10.99 | 2,311.03 |
156 | 98.05 | 87.46 | 10.59 | 2,223.58 |
157 | 98.05 | 87.86 | 10.19 | 2,135.72 |
158 | 98.05 | 88.26 | 9.79 | 2,047.46 |
159 | 98.05 | 88.67 | 9.38 | 1,958.79 |
160 | 98.05 | 89.07 | 8.98 | 1,869.72 |
161 | 98.05 | 89.48 | 8.57 | 1,780.24 |
162 | 98.05 | 89.89 | 8.16 | 1,690.35 |
163 | 98.05 | 90.30 | 7.75 | 1,600.04 |
164 | 98.05 | 90.72 | 7.33 | 1,509.33 |
165 | 98.05 | 91.13 | 6.92 | 1,418.19 |
166 | 98.05 | 91.55 | 6.50 | 1,326.64 |
167 | 98.05 | 91.97 | 6.08 | 1,234.68 |
168 | 98.05 | 92.39 | 5.66 | 1,142.28 |
169 | 98.05 | 92.81 | 5.24 | 1,049.47 |
170 | 98.05 | 93.24 | 4.81 | 956.23 |
171 | 98.05 | 93.67 | 4.38 | 862.56 |
172 | 98.05 | 94.10 | 3.95 | 768.47 |
173 | 98.05 | 94.53 | 3.52 | 673.94 |
174 | 98.05 | 94.96 | 3.09 | 578.98 |
175 | 98.05 | 95.40 | 2.65 | 483.58 |
176 | 98.05 | 95.83 | 2.22 | 387.75 |
177 | 98.05 | 96.27 | 1.78 | 291.47 |
178 | 98.05 | 96.71 | 1.34 | 194.76 |
179 | 98.05 | 97.16 | 0.89 | 97.60 |
180 | 98.05 | 97.60 | 0.45 | 0.00 |