Mortgage Loan of $229,000 for 15 Years at 8.50%

What's the payment on a 15 year home loan for $229k at 8.50% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $2,255.05

$27,061 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $229k 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 229,000 loan for 15 years at 8.50 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	2,255.05	632.97	1,622.08	228,367.03
2	2,255.05	637.45	1,617.60	227,729.58
3	2,255.05	641.97	1,613.08	227,087.61
4	2,255.05	646.52	1,608.54	226,441.09
5	2,255.05	651.10	1,603.96	225,789.99
6	2,255.05	655.71	1,599.35	225,134.29
7	2,255.05	660.35	1,594.70	224,473.93
8	2,255.05	665.03	1,590.02	223,808.90
9	2,255.05	669.74	1,585.31	223,139.16
10	2,255.05	674.48	1,580.57	222,464.68
11	2,255.05	679.26	1,575.79	221,785.42
12	2,255.05	684.07	1,570.98	221,101.34
13	2,255.05	688.92	1,566.13	220,412.42
14	2,255.05	693.80	1,561.25	219,718.63
15	2,255.05	698.71	1,556.34	219,019.91
16	2,255.05	703.66	1,551.39	218,316.25
17	2,255.05	708.65	1,546.41	217,607.60
18	2,255.05	713.67	1,541.39	216,893.94
19	2,255.05	718.72	1,536.33	216,175.22
20	2,255.05	723.81	1,531.24	215,451.40
21	2,255.05	728.94	1,526.11	214,722.46
22	2,255.05	734.10	1,520.95	213,988.36
23	2,255.05	739.30	1,515.75	213,249.06
24	2,255.05	744.54	1,510.51	212,504.52
25	2,255.05	749.81	1,505.24	211,754.71
26	2,255.05	755.12	1,499.93	210,999.58
27	2,255.05	760.47	1,494.58	210,239.11
28	2,255.05	765.86	1,489.19	209,473.25
29	2,255.05	771.28	1,483.77	208,701.96
30	2,255.05	776.75	1,478.31	207,925.21
31	2,255.05	782.25	1,472.80	207,142.96
32	2,255.05	787.79	1,467.26	206,355.17
33	2,255.05	793.37	1,461.68	205,561.80
34	2,255.05	798.99	1,456.06	204,762.81
35	2,255.05	804.65	1,450.40	203,958.16
36	2,255.05	810.35	1,444.70	203,147.81
37	2,255.05	816.09	1,438.96	202,331.72
38	2,255.05	821.87	1,433.18	201,509.85
39	2,255.05	827.69	1,427.36	200,682.16
40	2,255.05	833.55	1,421.50	199,848.60
41	2,255.05	839.46	1,415.59	199,009.14
42	2,255.05	845.41	1,409.65	198,163.74
43	2,255.05	851.39	1,403.66	197,312.35
44	2,255.05	857.42	1,397.63	196,454.92
45	2,255.05	863.50	1,391.56	195,591.42
46	2,255.05	869.61	1,385.44	194,721.81
47	2,255.05	875.77	1,379.28	193,846.03
48	2,255.05	881.98	1,373.08	192,964.06
49	2,255.05	888.22	1,366.83	192,075.83
50	2,255.05	894.52	1,360.54	191,181.32
51	2,255.05	900.85	1,354.20	190,280.46
52	2,255.05	907.23	1,347.82	189,373.23
53	2,255.05	913.66	1,341.39	188,459.57
54	2,255.05	920.13	1,334.92	187,539.44
55	2,255.05	926.65	1,328.40	186,612.79
56	2,255.05	933.21	1,321.84	185,679.58
57	2,255.05	939.82	1,315.23	184,739.75
58	2,255.05	946.48	1,308.57	183,793.27
59	2,255.05	953.18	1,301.87	182,840.09
60	2,255.05	959.94	1,295.12	181,880.15
61	2,255.05	966.74	1,288.32	180,913.42
62	2,255.05	973.58	1,281.47	179,939.83
63	2,255.05	980.48	1,274.57	178,959.35
64	2,255.05	987.42	1,267.63	177,971.93
65	2,255.05	994.42	1,260.63	176,977.51
66	2,255.05	1,001.46	1,253.59	175,976.05
67	2,255.05	1,008.56	1,246.50	174,967.49
68	2,255.05	1,015.70	1,239.35	173,951.79
69	2,255.05	1,022.90	1,232.16	172,928.89
70	2,255.05	1,030.14	1,224.91	171,898.75
71	2,255.05	1,037.44	1,217.62	170,861.32
72	2,255.05	1,044.79	1,210.27	169,816.53
73	2,255.05	1,052.19	1,202.87	168,764.34
74	2,255.05	1,059.64	1,195.41	167,704.70
75	2,255.05	1,067.15	1,187.91	166,637.56
76	2,255.05	1,074.70	1,180.35	165,562.85
77	2,255.05	1,082.32	1,172.74	164,480.54
78	2,255.05	1,089.98	1,165.07	163,390.55
79	2,255.05	1,097.70	1,157.35	162,292.85
80	2,255.05	1,105.48	1,149.57	161,187.37
81	2,255.05	1,113.31	1,141.74	160,074.06
82	2,255.05	1,121.20	1,133.86	158,952.87
83	2,255.05	1,129.14	1,125.92	157,823.73
84	2,255.05	1,137.14	1,117.92	156,686.59
85	2,255.05	1,145.19	1,109.86	155,541.40
86	2,255.05	1,153.30	1,101.75	154,388.10
87	2,255.05	1,161.47	1,093.58	153,226.63
88	2,255.05	1,169.70	1,085.36	152,056.93
89	2,255.05	1,177.98	1,077.07	150,878.95
90	2,255.05	1,186.33	1,068.73	149,692.62
91	2,255.05	1,194.73	1,060.32	148,497.89
92	2,255.05	1,203.19	1,051.86	147,294.70
93	2,255.05	1,211.72	1,043.34	146,082.98
94	2,255.05	1,220.30	1,034.75	144,862.68
95	2,255.05	1,228.94	1,026.11	143,633.74
96	2,255.05	1,237.65	1,017.41	142,396.09
97	2,255.05	1,246.41	1,008.64	141,149.67
98	2,255.05	1,255.24	999.81	139,894.43
99	2,255.05	1,264.13	990.92	138,630.30
100	2,255.05	1,273.09	981.96	137,357.21
101	2,255.05	1,282.11	972.95	136,075.10
102	2,255.05	1,291.19	963.87	134,783.91
103	2,255.05	1,300.33	954.72	133,483.58
104	2,255.05	1,309.54	945.51	132,174.03
105	2,255.05	1,318.82	936.23	130,855.21
106	2,255.05	1,328.16	926.89	129,527.05
107	2,255.05	1,337.57	917.48	128,189.48
108	2,255.05	1,347.04	908.01	126,842.43
109	2,255.05	1,356.59	898.47	125,485.85
110	2,255.05	1,366.20	888.86	124,119.65
111	2,255.05	1,375.87	879.18	122,743.78
112	2,255.05	1,385.62	869.44	121,358.16
113	2,255.05	1,395.43	859.62	119,962.73
114	2,255.05	1,405.32	849.74	118,557.41
115	2,255.05	1,415.27	839.78	117,142.14
116	2,255.05	1,425.30	829.76	115,716.84
117	2,255.05	1,435.39	819.66	114,281.45
118	2,255.05	1,445.56	809.49	112,835.89
119	2,255.05	1,455.80	799.25	111,380.09
120	2,255.05	1,466.11	788.94	109,913.98
121	2,255.05	1,476.50	778.56	108,437.48
122	2,255.05	1,486.95	768.10	106,950.53
123	2,255.05	1,497.49	757.57	105,453.04
124	2,255.05	1,508.09	746.96	103,944.95
125	2,255.05	1,518.78	736.28	102,426.17
126	2,255.05	1,529.53	725.52	100,896.63
127	2,255.05	1,540.37	714.68	99,356.26
128	2,255.05	1,551.28	703.77	97,804.98
129	2,255.05	1,562.27	692.79	96,242.72
130	2,255.05	1,573.33	681.72	94,669.38
131	2,255.05	1,584.48	670.57	93,084.90
132	2,255.05	1,595.70	659.35	91,489.20
133	2,255.05	1,607.01	648.05	89,882.20
134	2,255.05	1,618.39	636.67	88,263.81
135	2,255.05	1,629.85	625.20	86,633.96
136	2,255.05	1,641.40	613.66	84,992.56
137	2,255.05	1,653.02	602.03	83,339.54
138	2,255.05	1,664.73	590.32	81,674.81
139	2,255.05	1,676.52	578.53	79,998.28
140	2,255.05	1,688.40	566.65	78,309.88
141	2,255.05	1,700.36	554.70	76,609.52
142	2,255.05	1,712.40	542.65	74,897.12
143	2,255.05	1,724.53	530.52	73,172.59
144	2,255.05	1,736.75	518.31	71,435.84
145	2,255.05	1,749.05	506.00	69,686.79
146	2,255.05	1,761.44	493.61	67,925.35
147	2,255.05	1,773.92	481.14	66,151.44
148	2,255.05	1,786.48	468.57	64,364.96
149	2,255.05	1,799.14	455.92	62,565.82
150	2,255.05	1,811.88	443.17	60,753.94
151	2,255.05	1,824.71	430.34	58,929.23
152	2,255.05	1,837.64	417.42	57,091.59
153	2,255.05	1,850.65	404.40	55,240.94
154	2,255.05	1,863.76	391.29	53,377.17
155	2,255.05	1,876.97	378.09	51,500.21
156	2,255.05	1,890.26	364.79	49,609.95
157	2,255.05	1,903.65	351.40	47,706.30
158	2,255.05	1,917.13	337.92	45,789.16
159	2,255.05	1,930.71	324.34	43,858.45
160	2,255.05	1,944.39	310.66	41,914.06
161	2,255.05	1,958.16	296.89	39,955.90
162	2,255.05	1,972.03	283.02	37,983.86
163	2,255.05	1,986.00	269.05	35,997.86
164	2,255.05	2,000.07	254.98	33,997.79
165	2,255.05	2,014.24	240.82	31,983.56
166	2,255.05	2,028.50	226.55	29,955.06
167	2,255.05	2,042.87	212.18	27,912.18
168	2,255.05	2,057.34	197.71	25,854.84
169	2,255.05	2,071.92	183.14	23,782.93
170	2,255.05	2,086.59	168.46	21,696.33
171	2,255.05	2,101.37	153.68	19,594.96
172	2,255.05	2,116.26	138.80	17,478.71
173	2,255.05	2,131.25	123.81	15,347.46
174	2,255.05	2,146.34	108.71	13,201.12
175	2,255.05	2,161.55	93.51	11,039.57
176	2,255.05	2,176.86	78.20	8,862.72
177	2,255.05	2,192.28	62.78	6,670.44
178	2,255.05	2,207.80	47.25	4,462.64
179	2,255.05	2,223.44	31.61	2,239.19
180	2,255.05	2,239.19	15.86	0.00