Mortgage Loan of $12,000 for 15 Years at 8.875%
What's the payment on a 15 year home loan for $12k at 8.875% interest?
Results
Monthly payment: $120.82
$1,450 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 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 | 120.82 | 32.07 | 88.75 | 11,967.93 |
2 | 120.82 | 32.31 | 88.51 | 11,935.62 |
3 | 120.82 | 32.55 | 88.27 | 11,903.07 |
4 | 120.82 | 32.79 | 88.03 | 11,870.28 |
5 | 120.82 | 33.03 | 87.79 | 11,837.25 |
6 | 120.82 | 33.27 | 87.55 | 11,803.98 |
7 | 120.82 | 33.52 | 87.30 | 11,770.46 |
8 | 120.82 | 33.77 | 87.05 | 11,736.69 |
9 | 120.82 | 34.02 | 86.80 | 11,702.67 |
10 | 120.82 | 34.27 | 86.55 | 11,668.40 |
11 | 120.82 | 34.52 | 86.30 | 11,633.88 |
12 | 120.82 | 34.78 | 86.04 | 11,599.10 |
13 | 120.82 | 35.04 | 85.78 | 11,564.06 |
14 | 120.82 | 35.30 | 85.53 | 11,528.77 |
15 | 120.82 | 35.56 | 85.26 | 11,493.21 |
16 | 120.82 | 35.82 | 85.00 | 11,457.39 |
17 | 120.82 | 36.08 | 84.74 | 11,421.31 |
18 | 120.82 | 36.35 | 84.47 | 11,384.95 |
19 | 120.82 | 36.62 | 84.20 | 11,348.33 |
20 | 120.82 | 36.89 | 83.93 | 11,311.44 |
21 | 120.82 | 37.16 | 83.66 | 11,274.28 |
22 | 120.82 | 37.44 | 83.38 | 11,236.84 |
23 | 120.82 | 37.72 | 83.11 | 11,199.13 |
24 | 120.82 | 37.99 | 82.83 | 11,161.13 |
25 | 120.82 | 38.28 | 82.55 | 11,122.86 |
26 | 120.82 | 38.56 | 82.26 | 11,084.30 |
27 | 120.82 | 38.84 | 81.98 | 11,045.45 |
28 | 120.82 | 39.13 | 81.69 | 11,006.32 |
29 | 120.82 | 39.42 | 81.40 | 10,966.90 |
30 | 120.82 | 39.71 | 81.11 | 10,927.19 |
31 | 120.82 | 40.01 | 80.82 | 10,887.18 |
32 | 120.82 | 40.30 | 80.52 | 10,846.88 |
33 | 120.82 | 40.60 | 80.22 | 10,806.28 |
34 | 120.82 | 40.90 | 79.92 | 10,765.38 |
35 | 120.82 | 41.20 | 79.62 | 10,724.18 |
36 | 120.82 | 41.51 | 79.31 | 10,682.67 |
37 | 120.82 | 41.81 | 79.01 | 10,640.86 |
38 | 120.82 | 42.12 | 78.70 | 10,598.74 |
39 | 120.82 | 42.43 | 78.39 | 10,556.30 |
40 | 120.82 | 42.75 | 78.07 | 10,513.55 |
41 | 120.82 | 43.06 | 77.76 | 10,470.49 |
42 | 120.82 | 43.38 | 77.44 | 10,427.11 |
43 | 120.82 | 43.70 | 77.12 | 10,383.40 |
44 | 120.82 | 44.03 | 76.79 | 10,339.37 |
45 | 120.82 | 44.35 | 76.47 | 10,295.02 |
46 | 120.82 | 44.68 | 76.14 | 10,250.34 |
47 | 120.82 | 45.01 | 75.81 | 10,205.33 |
48 | 120.82 | 45.34 | 75.48 | 10,159.98 |
49 | 120.82 | 45.68 | 75.14 | 10,114.30 |
50 | 120.82 | 46.02 | 74.80 | 10,068.29 |
51 | 120.82 | 46.36 | 74.46 | 10,021.93 |
52 | 120.82 | 46.70 | 74.12 | 9,975.23 |
53 | 120.82 | 47.05 | 73.78 | 9,928.18 |
54 | 120.82 | 47.39 | 73.43 | 9,880.79 |
55 | 120.82 | 47.74 | 73.08 | 9,833.04 |
56 | 120.82 | 48.10 | 72.72 | 9,784.95 |
57 | 120.82 | 48.45 | 72.37 | 9,736.49 |
58 | 120.82 | 48.81 | 72.01 | 9,687.68 |
59 | 120.82 | 49.17 | 71.65 | 9,638.51 |
60 | 120.82 | 49.54 | 71.28 | 9,588.97 |
61 | 120.82 | 49.90 | 70.92 | 9,539.07 |
62 | 120.82 | 50.27 | 70.55 | 9,488.80 |
63 | 120.82 | 50.64 | 70.18 | 9,438.15 |
64 | 120.82 | 51.02 | 69.80 | 9,387.13 |
65 | 120.82 | 51.40 | 69.43 | 9,335.74 |
66 | 120.82 | 51.78 | 69.05 | 9,283.96 |
67 | 120.82 | 52.16 | 68.66 | 9,231.80 |
68 | 120.82 | 52.54 | 68.28 | 9,179.26 |
69 | 120.82 | 52.93 | 67.89 | 9,126.33 |
70 | 120.82 | 53.32 | 67.50 | 9,073.00 |
71 | 120.82 | 53.72 | 67.10 | 9,019.28 |
72 | 120.82 | 54.12 | 66.71 | 8,965.17 |
73 | 120.82 | 54.52 | 66.30 | 8,910.65 |
74 | 120.82 | 54.92 | 65.90 | 8,855.73 |
75 | 120.82 | 55.33 | 65.50 | 8,800.41 |
76 | 120.82 | 55.73 | 65.09 | 8,744.67 |
77 | 120.82 | 56.15 | 64.67 | 8,688.52 |
78 | 120.82 | 56.56 | 64.26 | 8,631.96 |
79 | 120.82 | 56.98 | 63.84 | 8,574.98 |
80 | 120.82 | 57.40 | 63.42 | 8,517.58 |
81 | 120.82 | 57.83 | 62.99 | 8,459.75 |
82 | 120.82 | 58.25 | 62.57 | 8,401.50 |
83 | 120.82 | 58.69 | 62.14 | 8,342.81 |
84 | 120.82 | 59.12 | 61.70 | 8,283.69 |
85 | 120.82 | 59.56 | 61.26 | 8,224.14 |
86 | 120.82 | 60.00 | 60.82 | 8,164.14 |
87 | 120.82 | 60.44 | 60.38 | 8,103.70 |
88 | 120.82 | 60.89 | 59.93 | 8,042.81 |
89 | 120.82 | 61.34 | 59.48 | 7,981.47 |
90 | 120.82 | 61.79 | 59.03 | 7,919.68 |
91 | 120.82 | 62.25 | 58.57 | 7,857.43 |
92 | 120.82 | 62.71 | 58.11 | 7,794.72 |
93 | 120.82 | 63.17 | 57.65 | 7,731.55 |
94 | 120.82 | 63.64 | 57.18 | 7,667.91 |
95 | 120.82 | 64.11 | 56.71 | 7,603.80 |
96 | 120.82 | 64.58 | 56.24 | 7,539.21 |
97 | 120.82 | 65.06 | 55.76 | 7,474.15 |
98 | 120.82 | 65.54 | 55.28 | 7,408.61 |
99 | 120.82 | 66.03 | 54.79 | 7,342.58 |
100 | 120.82 | 66.52 | 54.30 | 7,276.06 |
101 | 120.82 | 67.01 | 53.81 | 7,209.05 |
102 | 120.82 | 67.50 | 53.32 | 7,141.55 |
103 | 120.82 | 68.00 | 52.82 | 7,073.55 |
104 | 120.82 | 68.51 | 52.31 | 7,005.04 |
105 | 120.82 | 69.01 | 51.81 | 6,936.03 |
106 | 120.82 | 69.52 | 51.30 | 6,866.50 |
107 | 120.82 | 70.04 | 50.78 | 6,796.47 |
108 | 120.82 | 70.56 | 50.27 | 6,725.91 |
109 | 120.82 | 71.08 | 49.74 | 6,654.83 |
110 | 120.82 | 71.60 | 49.22 | 6,583.23 |
111 | 120.82 | 72.13 | 48.69 | 6,511.10 |
112 | 120.82 | 72.67 | 48.15 | 6,438.43 |
113 | 120.82 | 73.20 | 47.62 | 6,365.23 |
114 | 120.82 | 73.75 | 47.08 | 6,291.48 |
115 | 120.82 | 74.29 | 46.53 | 6,217.19 |
116 | 120.82 | 74.84 | 45.98 | 6,142.35 |
117 | 120.82 | 75.39 | 45.43 | 6,066.96 |
118 | 120.82 | 75.95 | 44.87 | 5,991.01 |
119 | 120.82 | 76.51 | 44.31 | 5,914.49 |
120 | 120.82 | 77.08 | 43.74 | 5,837.41 |
121 | 120.82 | 77.65 | 43.17 | 5,759.77 |
122 | 120.82 | 78.22 | 42.60 | 5,681.54 |
123 | 120.82 | 78.80 | 42.02 | 5,602.74 |
124 | 120.82 | 79.38 | 41.44 | 5,523.36 |
125 | 120.82 | 79.97 | 40.85 | 5,443.39 |
126 | 120.82 | 80.56 | 40.26 | 5,362.82 |
127 | 120.82 | 81.16 | 39.66 | 5,281.66 |
128 | 120.82 | 81.76 | 39.06 | 5,199.90 |
129 | 120.82 | 82.36 | 38.46 | 5,117.54 |
130 | 120.82 | 82.97 | 37.85 | 5,034.57 |
131 | 120.82 | 83.59 | 37.23 | 4,950.98 |
132 | 120.82 | 84.20 | 36.62 | 4,866.78 |
133 | 120.82 | 84.83 | 35.99 | 4,781.95 |
134 | 120.82 | 85.45 | 35.37 | 4,696.49 |
135 | 120.82 | 86.09 | 34.73 | 4,610.41 |
136 | 120.82 | 86.72 | 34.10 | 4,523.68 |
137 | 120.82 | 87.36 | 33.46 | 4,436.32 |
138 | 120.82 | 88.01 | 32.81 | 4,348.31 |
139 | 120.82 | 88.66 | 32.16 | 4,259.65 |
140 | 120.82 | 89.32 | 31.50 | 4,170.33 |
141 | 120.82 | 89.98 | 30.84 | 4,080.35 |
142 | 120.82 | 90.64 | 30.18 | 3,989.71 |
143 | 120.82 | 91.31 | 29.51 | 3,898.39 |
144 | 120.82 | 91.99 | 28.83 | 3,806.40 |
145 | 120.82 | 92.67 | 28.15 | 3,713.73 |
146 | 120.82 | 93.36 | 27.47 | 3,620.38 |
147 | 120.82 | 94.05 | 26.78 | 3,526.33 |
148 | 120.82 | 94.74 | 26.08 | 3,431.59 |
149 | 120.82 | 95.44 | 25.38 | 3,336.15 |
150 | 120.82 | 96.15 | 24.67 | 3,240.00 |
151 | 120.82 | 96.86 | 23.96 | 3,143.14 |
152 | 120.82 | 97.58 | 23.25 | 3,045.57 |
153 | 120.82 | 98.30 | 22.52 | 2,947.27 |
154 | 120.82 | 99.02 | 21.80 | 2,848.25 |
155 | 120.82 | 99.76 | 21.07 | 2,748.49 |
156 | 120.82 | 100.49 | 20.33 | 2,648.00 |
157 | 120.82 | 101.24 | 19.58 | 2,546.76 |
158 | 120.82 | 101.99 | 18.84 | 2,444.77 |
159 | 120.82 | 102.74 | 18.08 | 2,342.03 |
160 | 120.82 | 103.50 | 17.32 | 2,238.53 |
161 | 120.82 | 104.27 | 16.56 | 2,134.27 |
162 | 120.82 | 105.04 | 15.78 | 2,029.23 |
163 | 120.82 | 105.81 | 15.01 | 1,923.42 |
164 | 120.82 | 106.60 | 14.23 | 1,816.82 |
165 | 120.82 | 107.38 | 13.44 | 1,709.44 |
166 | 120.82 | 108.18 | 12.64 | 1,601.26 |
167 | 120.82 | 108.98 | 11.84 | 1,492.28 |
168 | 120.82 | 109.78 | 11.04 | 1,382.50 |
169 | 120.82 | 110.60 | 10.22 | 1,271.90 |
170 | 120.82 | 111.41 | 9.41 | 1,160.49 |
171 | 120.82 | 112.24 | 8.58 | 1,048.25 |
172 | 120.82 | 113.07 | 7.75 | 935.18 |
173 | 120.82 | 113.90 | 6.92 | 821.27 |
174 | 120.82 | 114.75 | 6.07 | 706.53 |
175 | 120.82 | 115.60 | 5.23 | 590.93 |
176 | 120.82 | 116.45 | 4.37 | 474.48 |
177 | 120.82 | 117.31 | 3.51 | 357.17 |
178 | 120.82 | 118.18 | 2.64 | 238.99 |
179 | 120.82 | 119.05 | 1.77 | 119.93 |
180 | 120.82 | 119.93 | 0.89 | 0.00 |