Mortgage Loan of $231,000 for 15 Years at 8.50%

What's the payment on a 15 year home loan for $231k at 8.50% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $2,274.75

$27,297 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $231k 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 231,000 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	2,274.75	638.50	1,636.25	230,361.50
2	2,274.75	643.02	1,631.73	229,718.48
3	2,274.75	647.58	1,627.17	229,070.90
4	2,274.75	652.16	1,622.59	228,418.74
5	2,274.75	656.78	1,617.97	227,761.96
6	2,274.75	661.43	1,613.31	227,100.53
7	2,274.75	666.12	1,608.63	226,434.41
8	2,274.75	670.84	1,603.91	225,763.57
9	2,274.75	675.59	1,599.16	225,087.98
10	2,274.75	680.38	1,594.37	224,407.60
11	2,274.75	685.19	1,589.55	223,722.41
12	2,274.75	690.05	1,584.70	223,032.36
13	2,274.75	694.94	1,579.81	222,337.42
14	2,274.75	699.86	1,574.89	221,637.57
15	2,274.75	704.82	1,569.93	220,932.75
16	2,274.75	709.81	1,564.94	220,222.94
17	2,274.75	714.84	1,559.91	219,508.11
18	2,274.75	719.90	1,554.85	218,788.21
19	2,274.75	725.00	1,549.75	218,063.21
20	2,274.75	730.13	1,544.61	217,333.07
21	2,274.75	735.31	1,539.44	216,597.77
22	2,274.75	740.51	1,534.23	215,857.25
23	2,274.75	745.76	1,528.99	215,111.50
24	2,274.75	751.04	1,523.71	214,360.45
25	2,274.75	756.36	1,518.39	213,604.09
26	2,274.75	761.72	1,513.03	212,842.37
27	2,274.75	767.11	1,507.63	212,075.26
28	2,274.75	772.55	1,502.20	211,302.71
29	2,274.75	778.02	1,496.73	210,524.69
30	2,274.75	783.53	1,491.22	209,741.16
31	2,274.75	789.08	1,485.67	208,952.07
32	2,274.75	794.67	1,480.08	208,157.40
33	2,274.75	800.30	1,474.45	207,357.10
34	2,274.75	805.97	1,468.78	206,551.13
35	2,274.75	811.68	1,463.07	205,739.46
36	2,274.75	817.43	1,457.32	204,922.03
37	2,274.75	823.22	1,451.53	204,098.81
38	2,274.75	829.05	1,445.70	203,269.76
39	2,274.75	834.92	1,439.83	202,434.84
40	2,274.75	840.83	1,433.91	201,594.01
41	2,274.75	846.79	1,427.96	200,747.22
42	2,274.75	852.79	1,421.96	199,894.43
43	2,274.75	858.83	1,415.92	199,035.60
44	2,274.75	864.91	1,409.84	198,170.68
45	2,274.75	871.04	1,403.71	197,299.65
46	2,274.75	877.21	1,397.54	196,422.44
47	2,274.75	883.42	1,391.33	195,539.01
48	2,274.75	889.68	1,385.07	194,649.33
49	2,274.75	895.98	1,378.77	193,753.35
50	2,274.75	902.33	1,372.42	192,851.02
51	2,274.75	908.72	1,366.03	191,942.30
52	2,274.75	915.16	1,359.59	191,027.14
53	2,274.75	921.64	1,353.11	190,105.50
54	2,274.75	928.17	1,346.58	189,177.34
55	2,274.75	934.74	1,340.01	188,242.59
56	2,274.75	941.36	1,333.39	187,301.23
57	2,274.75	948.03	1,326.72	186,353.20
58	2,274.75	954.75	1,320.00	185,398.45
59	2,274.75	961.51	1,313.24	184,436.94
60	2,274.75	968.32	1,306.43	183,468.62
61	2,274.75	975.18	1,299.57	182,493.45
62	2,274.75	982.09	1,292.66	181,511.36
63	2,274.75	989.04	1,285.71	180,522.32
64	2,274.75	996.05	1,278.70	179,526.27
65	2,274.75	1,003.10	1,271.64	178,523.16
66	2,274.75	1,010.21	1,264.54	177,512.95
67	2,274.75	1,017.36	1,257.38	176,495.59
68	2,274.75	1,024.57	1,250.18	175,471.02
69	2,274.75	1,031.83	1,242.92	174,439.19
70	2,274.75	1,039.14	1,235.61	173,400.05
71	2,274.75	1,046.50	1,228.25	172,353.55
72	2,274.75	1,053.91	1,220.84	171,299.64
73	2,274.75	1,061.38	1,213.37	170,238.27
74	2,274.75	1,068.89	1,205.85	169,169.37
75	2,274.75	1,076.47	1,198.28	168,092.91
76	2,274.75	1,084.09	1,190.66	167,008.82
77	2,274.75	1,091.77	1,182.98	165,917.05
78	2,274.75	1,099.50	1,175.25	164,817.55
79	2,274.75	1,107.29	1,167.46	163,710.25
80	2,274.75	1,115.13	1,159.61	162,595.12
81	2,274.75	1,123.03	1,151.72	161,472.09
82	2,274.75	1,130.99	1,143.76	160,341.10
83	2,274.75	1,139.00	1,135.75	159,202.10
84	2,274.75	1,147.07	1,127.68	158,055.03
85	2,274.75	1,155.19	1,119.56	156,899.84
86	2,274.75	1,163.37	1,111.37	155,736.47
87	2,274.75	1,171.62	1,103.13	154,564.85
88	2,274.75	1,179.91	1,094.83	153,384.94
89	2,274.75	1,188.27	1,086.48	152,196.67
90	2,274.75	1,196.69	1,078.06	150,999.98
91	2,274.75	1,205.17	1,069.58	149,794.81
92	2,274.75	1,213.70	1,061.05	148,581.11
93	2,274.75	1,222.30	1,052.45	147,358.81
94	2,274.75	1,230.96	1,043.79	146,127.86
95	2,274.75	1,239.68	1,035.07	144,888.18
96	2,274.75	1,248.46	1,026.29	143,639.72
97	2,274.75	1,257.30	1,017.45	142,382.42
98	2,274.75	1,266.21	1,008.54	141,116.22
99	2,274.75	1,275.18	999.57	139,841.04
100	2,274.75	1,284.21	990.54	138,556.83
101	2,274.75	1,293.30	981.44	137,263.53
102	2,274.75	1,302.47	972.28	135,961.06
103	2,274.75	1,311.69	963.06	134,649.37
104	2,274.75	1,320.98	953.77	133,328.39
105	2,274.75	1,330.34	944.41	131,998.05
106	2,274.75	1,339.76	934.99	130,658.29
107	2,274.75	1,349.25	925.50	129,309.04
108	2,274.75	1,358.81	915.94	127,950.23
109	2,274.75	1,368.43	906.31	126,581.79
110	2,274.75	1,378.13	896.62	125,203.67
111	2,274.75	1,387.89	886.86	123,815.78
112	2,274.75	1,397.72	877.03	122,418.06
113	2,274.75	1,407.62	867.13	121,010.44
114	2,274.75	1,417.59	857.16	119,592.85
115	2,274.75	1,427.63	847.12	118,165.21
116	2,274.75	1,437.74	837.00	116,727.47
117	2,274.75	1,447.93	826.82	115,279.54
118	2,274.75	1,458.18	816.56	113,821.36
119	2,274.75	1,468.51	806.23	112,352.84
120	2,274.75	1,478.92	795.83	110,873.93
121	2,274.75	1,489.39	785.36	109,384.53
122	2,274.75	1,499.94	774.81	107,884.59
123	2,274.75	1,510.57	764.18	106,374.03
124	2,274.75	1,521.27	753.48	104,852.76
125	2,274.75	1,532.04	742.71	103,320.72
126	2,274.75	1,542.89	731.86	101,777.83
127	2,274.75	1,553.82	720.93	100,224.01
128	2,274.75	1,564.83	709.92	98,659.18
129	2,274.75	1,575.91	698.84	97,083.26
130	2,274.75	1,587.08	687.67	95,496.19
131	2,274.75	1,598.32	676.43	93,897.87
132	2,274.75	1,609.64	665.11	92,288.23
133	2,274.75	1,621.04	653.71	90,667.19
134	2,274.75	1,632.52	642.23	89,034.67
135	2,274.75	1,644.09	630.66	87,390.59
136	2,274.75	1,655.73	619.02	85,734.85
137	2,274.75	1,667.46	607.29	84,067.39
138	2,274.75	1,679.27	595.48	82,388.12
139	2,274.75	1,691.17	583.58	80,696.96
140	2,274.75	1,703.14	571.60	78,993.81
141	2,274.75	1,715.21	559.54	77,278.60
142	2,274.75	1,727.36	547.39	75,551.24
143	2,274.75	1,739.59	535.15	73,811.65
144	2,274.75	1,751.92	522.83	72,059.73
145	2,274.75	1,764.33	510.42	70,295.41
146	2,274.75	1,776.82	497.93	68,518.59
147	2,274.75	1,789.41	485.34	66,729.18
148	2,274.75	1,802.08	472.67	64,927.10
149	2,274.75	1,814.85	459.90	63,112.25
150	2,274.75	1,827.70	447.05	61,284.54
151	2,274.75	1,840.65	434.10	59,443.89
152	2,274.75	1,853.69	421.06	57,590.21
153	2,274.75	1,866.82	407.93	55,723.39
154	2,274.75	1,880.04	394.71	53,843.35
155	2,274.75	1,893.36	381.39	51,949.99
156	2,274.75	1,906.77	367.98	50,043.22
157	2,274.75	1,920.28	354.47	48,122.95
158	2,274.75	1,933.88	340.87	46,189.07
159	2,274.75	1,947.58	327.17	44,241.49
160	2,274.75	1,961.37	313.38	42,280.12
161	2,274.75	1,975.26	299.48	40,304.86
162	2,274.75	1,989.26	285.49	38,315.60
163	2,274.75	2,003.35	271.40	36,312.25
164	2,274.75	2,017.54	257.21	34,294.72
165	2,274.75	2,031.83	242.92	32,262.89
166	2,274.75	2,046.22	228.53	30,216.67
167	2,274.75	2,060.71	214.03	28,155.96
168	2,274.75	2,075.31	199.44	26,080.65
169	2,274.75	2,090.01	184.74	23,990.64
170	2,274.75	2,104.81	169.93	21,885.82
171	2,274.75	2,119.72	155.02	19,766.10
172	2,274.75	2,134.74	140.01	17,631.36
173	2,274.75	2,149.86	124.89	15,481.50
174	2,274.75	2,165.09	109.66	13,316.41
175	2,274.75	2,180.42	94.32	11,135.99
176	2,274.75	2,195.87	78.88	8,940.12
177	2,274.75	2,211.42	63.33	6,728.70
178	2,274.75	2,227.09	47.66	4,501.61
179	2,274.75	2,242.86	31.89	2,258.75
180	2,274.75	2,258.75	16.00	0.00