Mortgage Loan of $23,000 for 15 Years at 8.875%
What's the payment on a 15 year home loan for $23k at 8.875% interest?
Results
Monthly payment: $231.57
$2,779 per year
What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $23k 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 23,000 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 | 231.57 | 61.47 | 170.10 | 22,938.53 |
2 | 231.57 | 61.92 | 169.65 | 22,876.61 |
3 | 231.57 | 62.38 | 169.19 | 22,814.22 |
4 | 231.57 | 62.84 | 168.73 | 22,751.38 |
5 | 231.57 | 63.31 | 168.27 | 22,688.07 |
6 | 231.57 | 63.78 | 167.80 | 22,624.29 |
7 | 231.57 | 64.25 | 167.33 | 22,560.04 |
8 | 231.57 | 64.72 | 166.85 | 22,495.32 |
9 | 231.57 | 65.20 | 166.37 | 22,430.12 |
10 | 231.57 | 65.68 | 165.89 | 22,364.43 |
11 | 231.57 | 66.17 | 165.40 | 22,298.26 |
12 | 231.57 | 66.66 | 164.91 | 22,231.60 |
13 | 231.57 | 67.15 | 164.42 | 22,164.45 |
14 | 231.57 | 67.65 | 163.92 | 22,096.80 |
15 | 231.57 | 68.15 | 163.42 | 22,028.65 |
16 | 231.57 | 68.65 | 162.92 | 21,960.00 |
17 | 231.57 | 69.16 | 162.41 | 21,890.84 |
18 | 231.57 | 69.67 | 161.90 | 21,821.16 |
19 | 231.57 | 70.19 | 161.39 | 21,750.97 |
20 | 231.57 | 70.71 | 160.87 | 21,680.27 |
21 | 231.57 | 71.23 | 160.34 | 21,609.04 |
22 | 231.57 | 71.76 | 159.82 | 21,537.28 |
23 | 231.57 | 72.29 | 159.29 | 21,464.99 |
24 | 231.57 | 72.82 | 158.75 | 21,392.17 |
25 | 231.57 | 73.36 | 158.21 | 21,318.81 |
26 | 231.57 | 73.90 | 157.67 | 21,244.90 |
27 | 231.57 | 74.45 | 157.12 | 21,170.45 |
28 | 231.57 | 75.00 | 156.57 | 21,095.45 |
29 | 231.57 | 75.56 | 156.02 | 21,019.90 |
30 | 231.57 | 76.11 | 155.46 | 20,943.78 |
31 | 231.57 | 76.68 | 154.90 | 20,867.10 |
32 | 231.57 | 77.24 | 154.33 | 20,789.86 |
33 | 231.57 | 77.82 | 153.76 | 20,712.04 |
34 | 231.57 | 78.39 | 153.18 | 20,633.65 |
35 | 231.57 | 78.97 | 152.60 | 20,554.68 |
36 | 231.57 | 79.56 | 152.02 | 20,475.13 |
37 | 231.57 | 80.14 | 151.43 | 20,394.98 |
38 | 231.57 | 80.74 | 150.84 | 20,314.25 |
39 | 231.57 | 81.33 | 150.24 | 20,232.91 |
40 | 231.57 | 81.93 | 149.64 | 20,150.98 |
41 | 231.57 | 82.54 | 149.03 | 20,068.44 |
42 | 231.57 | 83.15 | 148.42 | 19,985.29 |
43 | 231.57 | 83.77 | 147.81 | 19,901.52 |
44 | 231.57 | 84.39 | 147.19 | 19,817.13 |
45 | 231.57 | 85.01 | 146.56 | 19,732.12 |
46 | 231.57 | 85.64 | 145.94 | 19,646.48 |
47 | 231.57 | 86.27 | 145.30 | 19,560.21 |
48 | 231.57 | 86.91 | 144.66 | 19,473.30 |
49 | 231.57 | 87.55 | 144.02 | 19,385.75 |
50 | 231.57 | 88.20 | 143.37 | 19,297.55 |
51 | 231.57 | 88.85 | 142.72 | 19,208.70 |
52 | 231.57 | 89.51 | 142.06 | 19,119.19 |
53 | 231.57 | 90.17 | 141.40 | 19,029.02 |
54 | 231.57 | 90.84 | 140.74 | 18,938.18 |
55 | 231.57 | 91.51 | 140.06 | 18,846.67 |
56 | 231.57 | 92.19 | 139.39 | 18,754.48 |
57 | 231.57 | 92.87 | 138.70 | 18,661.61 |
58 | 231.57 | 93.56 | 138.02 | 18,568.05 |
59 | 231.57 | 94.25 | 137.33 | 18,473.81 |
60 | 231.57 | 94.94 | 136.63 | 18,378.86 |
61 | 231.57 | 95.65 | 135.93 | 18,283.21 |
62 | 231.57 | 96.35 | 135.22 | 18,186.86 |
63 | 231.57 | 97.07 | 134.51 | 18,089.79 |
64 | 231.57 | 97.79 | 133.79 | 17,992.01 |
65 | 231.57 | 98.51 | 133.07 | 17,893.50 |
66 | 231.57 | 99.24 | 132.34 | 17,794.26 |
67 | 231.57 | 99.97 | 131.60 | 17,694.29 |
68 | 231.57 | 100.71 | 130.86 | 17,593.58 |
69 | 231.57 | 101.45 | 130.12 | 17,492.13 |
70 | 231.57 | 102.21 | 129.37 | 17,389.92 |
71 | 231.57 | 102.96 | 128.61 | 17,286.96 |
72 | 231.57 | 103.72 | 127.85 | 17,183.24 |
73 | 231.57 | 104.49 | 127.08 | 17,078.75 |
74 | 231.57 | 105.26 | 126.31 | 16,973.48 |
75 | 231.57 | 106.04 | 125.53 | 16,867.44 |
76 | 231.57 | 106.83 | 124.75 | 16,760.62 |
77 | 231.57 | 107.62 | 123.96 | 16,653.00 |
78 | 231.57 | 108.41 | 123.16 | 16,544.59 |
79 | 231.57 | 109.21 | 122.36 | 16,435.38 |
80 | 231.57 | 110.02 | 121.55 | 16,325.36 |
81 | 231.57 | 110.83 | 120.74 | 16,214.52 |
82 | 231.57 | 111.65 | 119.92 | 16,102.87 |
83 | 231.57 | 112.48 | 119.09 | 15,990.39 |
84 | 231.57 | 113.31 | 118.26 | 15,877.08 |
85 | 231.57 | 114.15 | 117.42 | 15,762.93 |
86 | 231.57 | 114.99 | 116.58 | 15,647.93 |
87 | 231.57 | 115.84 | 115.73 | 15,532.09 |
88 | 231.57 | 116.70 | 114.87 | 15,415.39 |
89 | 231.57 | 117.56 | 114.01 | 15,297.82 |
90 | 231.57 | 118.43 | 113.14 | 15,179.39 |
91 | 231.57 | 119.31 | 112.26 | 15,060.08 |
92 | 231.57 | 120.19 | 111.38 | 14,939.89 |
93 | 231.57 | 121.08 | 110.49 | 14,818.80 |
94 | 231.57 | 121.98 | 109.60 | 14,696.83 |
95 | 231.57 | 122.88 | 108.70 | 14,573.95 |
96 | 231.57 | 123.79 | 107.79 | 14,450.16 |
97 | 231.57 | 124.70 | 106.87 | 14,325.46 |
98 | 231.57 | 125.63 | 105.95 | 14,199.83 |
99 | 231.57 | 126.55 | 105.02 | 14,073.28 |
100 | 231.57 | 127.49 | 104.08 | 13,945.79 |
101 | 231.57 | 128.43 | 103.14 | 13,817.35 |
102 | 231.57 | 129.38 | 102.19 | 13,687.97 |
103 | 231.57 | 130.34 | 101.23 | 13,557.63 |
104 | 231.57 | 131.30 | 100.27 | 13,426.33 |
105 | 231.57 | 132.28 | 99.30 | 13,294.05 |
106 | 231.57 | 133.25 | 98.32 | 13,160.80 |
107 | 231.57 | 134.24 | 97.34 | 13,026.56 |
108 | 231.57 | 135.23 | 96.34 | 12,891.33 |
109 | 231.57 | 136.23 | 95.34 | 12,755.09 |
110 | 231.57 | 137.24 | 94.33 | 12,617.86 |
111 | 231.57 | 138.25 | 93.32 | 12,479.60 |
112 | 231.57 | 139.28 | 92.30 | 12,340.32 |
113 | 231.57 | 140.31 | 91.27 | 12,200.02 |
114 | 231.57 | 141.34 | 90.23 | 12,058.67 |
115 | 231.57 | 142.39 | 89.18 | 11,916.28 |
116 | 231.57 | 143.44 | 88.13 | 11,772.84 |
117 | 231.57 | 144.50 | 87.07 | 11,628.33 |
118 | 231.57 | 145.57 | 86.00 | 11,482.76 |
119 | 231.57 | 146.65 | 84.92 | 11,336.11 |
120 | 231.57 | 147.73 | 83.84 | 11,188.38 |
121 | 231.57 | 148.83 | 82.75 | 11,039.55 |
122 | 231.57 | 149.93 | 81.65 | 10,889.62 |
123 | 231.57 | 151.04 | 80.54 | 10,738.59 |
124 | 231.57 | 152.15 | 79.42 | 10,586.43 |
125 | 231.57 | 153.28 | 78.30 | 10,433.15 |
126 | 231.57 | 154.41 | 77.16 | 10,278.74 |
127 | 231.57 | 155.55 | 76.02 | 10,123.19 |
128 | 231.57 | 156.70 | 74.87 | 9,966.48 |
129 | 231.57 | 157.86 | 73.71 | 9,808.62 |
130 | 231.57 | 159.03 | 72.54 | 9,649.59 |
131 | 231.57 | 160.21 | 71.37 | 9,489.38 |
132 | 231.57 | 161.39 | 70.18 | 9,327.99 |
133 | 231.57 | 162.59 | 68.99 | 9,165.40 |
134 | 231.57 | 163.79 | 67.79 | 9,001.61 |
135 | 231.57 | 165.00 | 66.57 | 8,836.61 |
136 | 231.57 | 166.22 | 65.35 | 8,670.39 |
137 | 231.57 | 167.45 | 64.12 | 8,502.95 |
138 | 231.57 | 168.69 | 62.89 | 8,334.26 |
139 | 231.57 | 169.94 | 61.64 | 8,164.32 |
140 | 231.57 | 171.19 | 60.38 | 7,993.13 |
141 | 231.57 | 172.46 | 59.12 | 7,820.67 |
142 | 231.57 | 173.73 | 57.84 | 7,646.94 |
143 | 231.57 | 175.02 | 56.56 | 7,471.92 |
144 | 231.57 | 176.31 | 55.26 | 7,295.61 |
145 | 231.57 | 177.62 | 53.96 | 7,117.99 |
146 | 231.57 | 178.93 | 52.64 | 6,939.06 |
147 | 231.57 | 180.25 | 51.32 | 6,758.80 |
148 | 231.57 | 181.59 | 49.99 | 6,577.22 |
149 | 231.57 | 182.93 | 48.64 | 6,394.29 |
150 | 231.57 | 184.28 | 47.29 | 6,210.00 |
151 | 231.57 | 185.65 | 45.93 | 6,024.36 |
152 | 231.57 | 187.02 | 44.56 | 5,837.34 |
153 | 231.57 | 188.40 | 43.17 | 5,648.94 |
154 | 231.57 | 189.80 | 41.78 | 5,459.14 |
155 | 231.57 | 191.20 | 40.37 | 5,267.94 |
156 | 231.57 | 192.61 | 38.96 | 5,075.33 |
157 | 231.57 | 194.04 | 37.54 | 4,881.29 |
158 | 231.57 | 195.47 | 36.10 | 4,685.82 |
159 | 231.57 | 196.92 | 34.66 | 4,488.90 |
160 | 231.57 | 198.37 | 33.20 | 4,290.52 |
161 | 231.57 | 199.84 | 31.73 | 4,090.68 |
162 | 231.57 | 201.32 | 30.25 | 3,889.36 |
163 | 231.57 | 202.81 | 28.77 | 3,686.55 |
164 | 231.57 | 204.31 | 27.27 | 3,482.24 |
165 | 231.57 | 205.82 | 25.75 | 3,276.42 |
166 | 231.57 | 207.34 | 24.23 | 3,069.08 |
167 | 231.57 | 208.88 | 22.70 | 2,860.21 |
168 | 231.57 | 210.42 | 21.15 | 2,649.79 |
169 | 231.57 | 211.98 | 19.60 | 2,437.81 |
170 | 231.57 | 213.54 | 18.03 | 2,224.26 |
171 | 231.57 | 215.12 | 16.45 | 2,009.14 |
172 | 231.57 | 216.71 | 14.86 | 1,792.43 |
173 | 231.57 | 218.32 | 13.26 | 1,574.11 |
174 | 231.57 | 219.93 | 11.64 | 1,354.18 |
175 | 231.57 | 221.56 | 10.02 | 1,132.62 |
176 | 231.57 | 223.20 | 8.38 | 909.42 |
177 | 231.57 | 224.85 | 6.73 | 684.57 |
178 | 231.57 | 226.51 | 5.06 | 458.06 |
179 | 231.57 | 228.19 | 3.39 | 229.87 |
180 | 231.57 | 229.87 | 1.70 | 0.00 |