Mortgage Loan of $159,000 for 15 Years at 8.875%

What's the payment on a 15 year home loan for $159k at 8.875% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $1,600.88
$19,211 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $159k 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 159,000 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 1,600.88 424.94 1,175.94 158,575.06
2 1,600.88 428.09 1,172.79 158,146.97
3 1,600.88 431.25 1,169.63 157,715.71
4 1,600.88 434.44 1,166.44 157,281.27
5 1,600.88 437.66 1,163.23 156,843.62
6 1,600.88 440.89 1,159.99 156,402.72
7 1,600.88 444.15 1,156.73 155,958.57
8 1,600.88 447.44 1,153.44 155,511.13
9 1,600.88 450.75 1,150.13 155,060.38
10 1,600.88 454.08 1,146.80 154,606.30
11 1,600.88 457.44 1,143.44 154,148.86
12 1,600.88 460.82 1,140.06 153,688.04
13 1,600.88 464.23 1,136.65 153,223.81
14 1,600.88 467.66 1,133.22 152,756.14
15 1,600.88 471.12 1,129.76 152,285.02
16 1,600.88 474.61 1,126.27 151,810.41
17 1,600.88 478.12 1,122.76 151,332.30
18 1,600.88 481.65 1,119.23 150,850.64
19 1,600.88 485.22 1,115.67 150,365.43
20 1,600.88 488.80 1,112.08 149,876.62
21 1,600.88 492.42 1,108.46 149,384.20
22 1,600.88 496.06 1,104.82 148,888.14
23 1,600.88 499.73 1,101.15 148,388.41
24 1,600.88 503.43 1,097.46 147,884.98
25 1,600.88 507.15 1,093.73 147,377.84
26 1,600.88 510.90 1,089.98 146,866.93
27 1,600.88 514.68 1,086.20 146,352.26
28 1,600.88 518.49 1,082.40 145,833.77
29 1,600.88 522.32 1,078.56 145,311.45
30 1,600.88 526.18 1,074.70 144,785.27
31 1,600.88 530.07 1,070.81 144,255.19
32 1,600.88 533.99 1,066.89 143,721.20
33 1,600.88 537.94 1,062.94 143,183.26
34 1,600.88 541.92 1,058.96 142,641.33
35 1,600.88 545.93 1,054.95 142,095.40
36 1,600.88 549.97 1,050.91 141,545.43
37 1,600.88 554.04 1,046.85 140,991.40
38 1,600.88 558.13 1,042.75 140,433.27
39 1,600.88 562.26 1,038.62 139,871.00
40 1,600.88 566.42 1,034.46 139,304.58
41 1,600.88 570.61 1,030.27 138,733.98
42 1,600.88 574.83 1,026.05 138,159.15
43 1,600.88 579.08 1,021.80 137,580.07
44 1,600.88 583.36 1,017.52 136,996.70
45 1,600.88 587.68 1,013.20 136,409.03
46 1,600.88 592.02 1,008.86 135,817.00
47 1,600.88 596.40 1,004.48 135,220.60
48 1,600.88 600.81 1,000.07 134,619.79
49 1,600.88 605.26 995.63 134,014.53
50 1,600.88 609.73 991.15 133,404.80
51 1,600.88 614.24 986.64 132,790.56
52 1,600.88 618.79 982.10 132,171.77
53 1,600.88 623.36 977.52 131,548.41
54 1,600.88 627.97 972.91 130,920.44
55 1,600.88 632.62 968.27 130,287.82
56 1,600.88 637.30 963.59 129,650.53
57 1,600.88 642.01 958.87 129,008.52
58 1,600.88 646.76 954.13 128,361.76
59 1,600.88 651.54 949.34 127,710.22
60 1,600.88 656.36 944.52 127,053.86
61 1,600.88 661.21 939.67 126,392.65
62 1,600.88 666.10 934.78 125,726.55
63 1,600.88 671.03 929.85 125,055.52
64 1,600.88 675.99 924.89 124,379.52
65 1,600.88 680.99 919.89 123,698.53
66 1,600.88 686.03 914.85 123,012.50
67 1,600.88 691.10 909.78 122,321.40
68 1,600.88 696.21 904.67 121,625.19
69 1,600.88 701.36 899.52 120,923.83
70 1,600.88 706.55 894.33 120,217.28
71 1,600.88 711.78 889.11 119,505.50
72 1,600.88 717.04 883.84 118,788.46
73 1,600.88 722.34 878.54 118,066.12
74 1,600.88 727.68 873.20 117,338.44
75 1,600.88 733.07 867.82 116,605.37
76 1,600.88 738.49 862.39 115,866.88
77 1,600.88 743.95 856.93 115,122.93
78 1,600.88 749.45 851.43 114,373.48
79 1,600.88 754.99 845.89 113,618.48
80 1,600.88 760.58 840.30 112,857.90
81 1,600.88 766.20 834.68 112,091.70
82 1,600.88 771.87 829.01 111,319.83
83 1,600.88 777.58 823.30 110,542.25
84 1,600.88 783.33 817.55 109,758.92
85 1,600.88 789.12 811.76 108,969.80
86 1,600.88 794.96 805.92 108,174.84
87 1,600.88 800.84 800.04 107,374.00
88 1,600.88 806.76 794.12 106,567.24
89 1,600.88 812.73 788.15 105,754.51
90 1,600.88 818.74 782.14 104,935.77
91 1,600.88 824.79 776.09 104,110.97
92 1,600.88 830.89 769.99 103,280.08
93 1,600.88 837.04 763.84 102,443.04
94 1,600.88 843.23 757.65 101,599.81
95 1,600.88 849.47 751.42 100,750.34
96 1,600.88 855.75 745.13 99,894.59
97 1,600.88 862.08 738.80 99,032.52
98 1,600.88 868.45 732.43 98,164.06
99 1,600.88 874.88 726.01 97,289.18
100 1,600.88 881.35 719.53 96,407.84
101 1,600.88 887.87 713.02 95,519.97
102 1,600.88 894.43 706.45 94,625.54
103 1,600.88 901.05 699.83 93,724.49
104 1,600.88 907.71 693.17 92,816.78
105 1,600.88 914.42 686.46 91,902.36
106 1,600.88 921.19 679.69 90,981.17
107 1,600.88 928.00 672.88 90,053.17
108 1,600.88 934.86 666.02 89,118.30
109 1,600.88 941.78 659.10 88,176.53
110 1,600.88 948.74 652.14 87,227.78
111 1,600.88 955.76 645.12 86,272.02
112 1,600.88 962.83 638.05 85,309.19
113 1,600.88 969.95 630.93 84,339.24
114 1,600.88 977.12 623.76 83,362.12
115 1,600.88 984.35 616.53 82,377.77
116 1,600.88 991.63 609.25 81,386.14
117 1,600.88 998.96 601.92 80,387.18
118 1,600.88 1,006.35 594.53 79,380.83
119 1,600.88 1,013.79 587.09 78,367.03
120 1,600.88 1,021.29 579.59 77,345.74
121 1,600.88 1,028.85 572.04 76,316.89
122 1,600.88 1,036.46 564.43 75,280.44
123 1,600.88 1,044.12 556.76 74,236.32
124 1,600.88 1,051.84 549.04 73,184.47
125 1,600.88 1,059.62 541.26 72,124.85
126 1,600.88 1,067.46 533.42 71,057.39
127 1,600.88 1,075.35 525.53 69,982.04
128 1,600.88 1,083.31 517.58 68,898.73
129 1,600.88 1,091.32 509.56 67,807.41
130 1,600.88 1,099.39 501.49 66,708.03
131 1,600.88 1,107.52 493.36 65,600.50
132 1,600.88 1,115.71 485.17 64,484.79
133 1,600.88 1,123.96 476.92 63,360.83
134 1,600.88 1,132.28 468.61 62,228.55
135 1,600.88 1,140.65 460.23 61,087.90
136 1,600.88 1,149.09 451.80 59,938.82
137 1,600.88 1,157.58 443.30 58,781.23
138 1,600.88 1,166.15 434.74 57,615.09
139 1,600.88 1,174.77 426.11 56,440.32
140 1,600.88 1,183.46 417.42 55,256.86
141 1,600.88 1,192.21 408.67 54,064.65
142 1,600.88 1,201.03 399.85 52,863.62
143 1,600.88 1,209.91 390.97 51,653.71
144 1,600.88 1,218.86 382.02 50,434.85
145 1,600.88 1,227.87 373.01 49,206.97
146 1,600.88 1,236.96 363.93 47,970.02
147 1,600.88 1,246.10 354.78 46,723.91
148 1,600.88 1,255.32 345.56 45,468.59
149 1,600.88 1,264.60 336.28 44,203.99
150 1,600.88 1,273.96 326.93 42,930.03
151 1,600.88 1,283.38 317.50 41,646.65
152 1,600.88 1,292.87 308.01 40,353.78
153 1,600.88 1,302.43 298.45 39,051.35
154 1,600.88 1,312.06 288.82 37,739.29
155 1,600.88 1,321.77 279.11 36,417.52
156 1,600.88 1,331.54 269.34 35,085.97
157 1,600.88 1,341.39 259.49 33,744.58
158 1,600.88 1,351.31 249.57 32,393.27
159 1,600.88 1,361.31 239.58 31,031.96
160 1,600.88 1,371.37 229.51 29,660.59
161 1,600.88 1,381.52 219.36 28,279.07
162 1,600.88 1,391.73 209.15 26,887.33
163 1,600.88 1,402.03 198.85 25,485.31
164 1,600.88 1,412.40 188.49 24,072.91
165 1,600.88 1,422.84 178.04 22,650.07
166 1,600.88 1,433.37 167.52 21,216.70
167 1,600.88 1,443.97 156.92 19,772.73
168 1,600.88 1,454.65 146.24 18,318.09
169 1,600.88 1,465.40 135.48 16,852.68
170 1,600.88 1,476.24 124.64 15,376.44
171 1,600.88 1,487.16 113.72 13,889.28
172 1,600.88 1,498.16 102.72 12,391.12
173 1,600.88 1,509.24 91.64 10,881.88
174 1,600.88 1,520.40 80.48 9,361.48
175 1,600.88 1,531.65 69.24 7,829.83
176 1,600.88 1,542.97 57.91 6,286.86
177 1,600.88 1,554.39 46.50 4,732.47
178 1,600.88 1,565.88 35.00 3,166.59
179 1,600.88 1,577.46 23.42 1,589.13
180 1,600.88 1,589.13 11.75 0.00