Mortgage Loan of $131,000 for 15 Years at 8.875%

What's the payment on a 15 year home loan for $131k at 8.875% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $1,318.97
$15,828 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $131k 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 131,000 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 1,318.97 350.11 968.85 130,649.89
2 1,318.97 352.70 966.26 130,297.19
3 1,318.97 355.31 963.66 129,941.88
4 1,318.97 357.94 961.03 129,583.94
5 1,318.97 360.58 958.38 129,223.36
6 1,318.97 363.25 955.71 128,860.10
7 1,318.97 365.94 953.03 128,494.17
8 1,318.97 368.64 950.32 128,125.52
9 1,318.97 371.37 947.60 127,754.15
10 1,318.97 374.12 944.85 127,380.03
11 1,318.97 376.88 942.08 127,003.15
12 1,318.97 379.67 939.29 126,623.48
13 1,318.97 382.48 936.49 126,241.00
14 1,318.97 385.31 933.66 125,855.69
15 1,318.97 388.16 930.81 125,467.53
16 1,318.97 391.03 927.94 125,076.50
17 1,318.97 393.92 925.04 124,682.58
18 1,318.97 396.83 922.13 124,285.75
19 1,318.97 399.77 919.20 123,885.98
20 1,318.97 402.73 916.24 123,483.25
21 1,318.97 405.70 913.26 123,077.55
22 1,318.97 408.70 910.26 122,668.85
23 1,318.97 411.73 907.24 122,257.12
24 1,318.97 414.77 904.19 121,842.35
25 1,318.97 417.84 901.13 121,424.51
26 1,318.97 420.93 898.04 121,003.58
27 1,318.97 424.04 894.92 120,579.53
28 1,318.97 427.18 891.79 120,152.35
29 1,318.97 430.34 888.63 119,722.01
30 1,318.97 433.52 885.44 119,288.49
31 1,318.97 436.73 882.24 118,851.76
32 1,318.97 439.96 879.01 118,411.81
33 1,318.97 443.21 875.75 117,968.59
34 1,318.97 446.49 872.48 117,522.10
35 1,318.97 449.79 869.17 117,072.31
36 1,318.97 453.12 865.85 116,619.19
37 1,318.97 456.47 862.50 116,162.72
38 1,318.97 459.85 859.12 115,702.88
39 1,318.97 463.25 855.72 115,239.63
40 1,318.97 466.67 852.29 114,772.96
41 1,318.97 470.12 848.84 114,302.84
42 1,318.97 473.60 845.36 113,829.23
43 1,318.97 477.10 841.86 113,352.13
44 1,318.97 480.63 838.33 112,871.50
45 1,318.97 484.19 834.78 112,387.31
46 1,318.97 487.77 831.20 111,899.54
47 1,318.97 491.38 827.59 111,408.17
48 1,318.97 495.01 823.96 110,913.16
49 1,318.97 498.67 820.30 110,414.49
50 1,318.97 502.36 816.61 109,912.13
51 1,318.97 506.07 812.89 109,406.06
52 1,318.97 509.82 809.15 108,896.24
53 1,318.97 513.59 805.38 108,382.65
54 1,318.97 517.39 801.58 107,865.27
55 1,318.97 521.21 797.75 107,344.05
56 1,318.97 525.07 793.90 106,818.99
57 1,318.97 528.95 790.02 106,290.04
58 1,318.97 532.86 786.10 105,757.17
59 1,318.97 536.80 782.16 105,220.37
60 1,318.97 540.77 778.19 104,679.60
61 1,318.97 544.77 774.19 104,134.82
62 1,318.97 548.80 770.16 103,586.02
63 1,318.97 552.86 766.10 103,033.16
64 1,318.97 556.95 762.02 102,476.21
65 1,318.97 561.07 757.90 101,915.14
66 1,318.97 565.22 753.75 101,349.92
67 1,318.97 569.40 749.57 100,780.53
68 1,318.97 573.61 745.36 100,206.92
69 1,318.97 577.85 741.11 99,629.06
70 1,318.97 582.13 736.84 99,046.94
71 1,318.97 586.43 732.53 98,460.51
72 1,318.97 590.77 728.20 97,869.74
73 1,318.97 595.14 723.83 97,274.60
74 1,318.97 599.54 719.43 96,675.06
75 1,318.97 603.97 714.99 96,071.09
76 1,318.97 608.44 710.53 95,462.65
77 1,318.97 612.94 706.03 94,849.71
78 1,318.97 617.47 701.49 94,232.24
79 1,318.97 622.04 696.93 93,610.20
80 1,318.97 626.64 692.33 92,983.56
81 1,318.97 631.27 687.69 92,352.28
82 1,318.97 635.94 683.02 91,716.34
83 1,318.97 640.65 678.32 91,075.69
84 1,318.97 645.39 673.58 90,430.31
85 1,318.97 650.16 668.81 89,780.15
86 1,318.97 654.97 664.00 89,125.18
87 1,318.97 659.81 659.15 88,465.37
88 1,318.97 664.69 654.28 87,800.68
89 1,318.97 669.61 649.36 87,131.07
90 1,318.97 674.56 644.41 86,456.51
91 1,318.97 679.55 639.42 85,776.97
92 1,318.97 684.57 634.39 85,092.39
93 1,318.97 689.64 629.33 84,402.76
94 1,318.97 694.74 624.23 83,708.02
95 1,318.97 699.88 619.09 83,008.14
96 1,318.97 705.05 613.91 82,303.09
97 1,318.97 710.27 608.70 81,592.83
98 1,318.97 715.52 603.45 80,877.31
99 1,318.97 720.81 598.16 80,156.50
100 1,318.97 726.14 592.82 79,430.36
101 1,318.97 731.51 587.45 78,698.84
102 1,318.97 736.92 582.04 77,961.92
103 1,318.97 742.37 576.59 77,219.55
104 1,318.97 747.86 571.10 76,471.69
105 1,318.97 753.39 565.57 75,718.29
106 1,318.97 758.97 560.00 74,959.33
107 1,318.97 764.58 554.39 74,194.75
108 1,318.97 770.23 548.73 73,424.51
109 1,318.97 775.93 543.04 72,648.58
110 1,318.97 781.67 537.30 71,866.91
111 1,318.97 787.45 531.52 71,079.46
112 1,318.97 793.27 525.69 70,286.19
113 1,318.97 799.14 519.82 69,487.05
114 1,318.97 805.05 513.91 68,682.00
115 1,318.97 811.01 507.96 67,870.99
116 1,318.97 817.00 501.96 67,053.99
117 1,318.97 823.05 495.92 66,230.94
118 1,318.97 829.13 489.83 65,401.81
119 1,318.97 835.26 483.70 64,566.55
120 1,318.97 841.44 477.52 63,725.11
121 1,318.97 847.67 471.30 62,877.44
122 1,318.97 853.93 465.03 62,023.50
123 1,318.97 860.25 458.72 61,163.25
124 1,318.97 866.61 452.35 60,296.64
125 1,318.97 873.02 445.94 59,423.62
126 1,318.97 879.48 439.49 58,544.14
127 1,318.97 885.98 432.98 57,658.16
128 1,318.97 892.54 426.43 56,765.62
129 1,318.97 899.14 419.83 55,866.49
130 1,318.97 905.79 413.18 54,960.70
131 1,318.97 912.49 406.48 54,048.21
132 1,318.97 919.23 399.73 53,128.98
133 1,318.97 926.03 392.93 52,202.95
134 1,318.97 932.88 386.08 51,270.07
135 1,318.97 939.78 379.18 50,330.29
136 1,318.97 946.73 372.23 49,383.55
137 1,318.97 953.73 365.23 48,429.82
138 1,318.97 960.79 358.18 47,469.03
139 1,318.97 967.89 351.07 46,501.14
140 1,318.97 975.05 343.91 45,526.09
141 1,318.97 982.26 336.70 44,543.83
142 1,318.97 989.53 329.44 43,554.30
143 1,318.97 996.85 322.12 42,557.46
144 1,318.97 1,004.22 314.75 41,553.24
145 1,318.97 1,011.64 307.32 40,541.59
146 1,318.97 1,019.13 299.84 39,522.47
147 1,318.97 1,026.66 292.30 38,495.80
148 1,318.97 1,034.26 284.71 37,461.54
149 1,318.97 1,041.91 277.06 36,419.64
150 1,318.97 1,049.61 269.35 35,370.03
151 1,318.97 1,057.37 261.59 34,312.65
152 1,318.97 1,065.20 253.77 33,247.46
153 1,318.97 1,073.07 245.89 32,174.38
154 1,318.97 1,081.01 237.96 31,093.37
155 1,318.97 1,089.00 229.96 30,004.37
156 1,318.97 1,097.06 221.91 28,907.31
157 1,318.97 1,105.17 213.79 27,802.14
158 1,318.97 1,113.35 205.62 26,688.79
159 1,318.97 1,121.58 197.39 25,567.21
160 1,318.97 1,129.87 189.09 24,437.34
161 1,318.97 1,138.23 180.73 23,299.11
162 1,318.97 1,146.65 172.32 22,152.46
163 1,318.97 1,155.13 163.84 20,997.33
164 1,318.97 1,163.67 155.29 19,833.65
165 1,318.97 1,172.28 146.69 18,661.37
166 1,318.97 1,180.95 138.02 17,480.43
167 1,318.97 1,189.68 129.28 16,290.74
168 1,318.97 1,198.48 120.48 15,092.26
169 1,318.97 1,207.35 111.62 13,884.91
170 1,318.97 1,216.28 102.69 12,668.64
171 1,318.97 1,225.27 93.70 11,443.37
172 1,318.97 1,234.33 84.63 10,209.04
173 1,318.97 1,243.46 75.50 8,965.57
174 1,318.97 1,252.66 66.31 7,712.92
175 1,318.97 1,261.92 57.04 6,450.99
176 1,318.97 1,271.26 47.71 5,179.74
177 1,318.97 1,280.66 38.31 3,899.08
178 1,318.97 1,290.13 28.84 2,608.95
179 1,318.97 1,299.67 19.30 1,309.28
180 1,318.97 1,309.28 9.68 0.00