Mortgage Loan of $231,000 for 15 Years at 8.75%

What's the payment on a 15 year home loan for $231k at 8.75% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $2,308.73

$27,705 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 8.75 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	2,308.73	624.35	1,684.38	230,375.65
2	2,308.73	628.90	1,679.82	229,746.74
3	2,308.73	633.49	1,675.24	229,113.25
4	2,308.73	638.11	1,670.62	228,475.15
5	2,308.73	642.76	1,665.96	227,832.38
6	2,308.73	647.45	1,661.28	227,184.94
7	2,308.73	652.17	1,656.56	226,532.77
8	2,308.73	656.92	1,651.80	225,875.84
9	2,308.73	661.72	1,647.01	225,214.13
10	2,308.73	666.54	1,642.19	224,547.59
11	2,308.73	671.40	1,637.33	223,876.19
12	2,308.73	676.30	1,632.43	223,199.89
13	2,308.73	681.23	1,627.50	222,518.66
14	2,308.73	686.19	1,622.53	221,832.47
15	2,308.73	691.20	1,617.53	221,141.27
16	2,308.73	696.24	1,612.49	220,445.03
17	2,308.73	701.31	1,607.41	219,743.72
18	2,308.73	706.43	1,602.30	219,037.29
19	2,308.73	711.58	1,597.15	218,325.71
20	2,308.73	716.77	1,591.96	217,608.94
21	2,308.73	721.99	1,586.73	216,886.95
22	2,308.73	727.26	1,581.47	216,159.69
23	2,308.73	732.56	1,576.16	215,427.13
24	2,308.73	737.90	1,570.82	214,689.22
25	2,308.73	743.28	1,565.44	213,945.94
26	2,308.73	748.70	1,560.02	213,197.23
27	2,308.73	754.16	1,554.56	212,443.07
28	2,308.73	759.66	1,549.06	211,683.41
29	2,308.73	765.20	1,543.52	210,918.21
30	2,308.73	770.78	1,537.95	210,147.43
31	2,308.73	776.40	1,532.32	209,371.02
32	2,308.73	782.06	1,526.66	208,588.96
33	2,308.73	787.77	1,520.96	207,801.20
34	2,308.73	793.51	1,515.22	207,007.69
35	2,308.73	799.30	1,509.43	206,208.39
36	2,308.73	805.12	1,503.60	205,403.27
37	2,308.73	810.99	1,497.73	204,592.27
38	2,308.73	816.91	1,491.82	203,775.37
39	2,308.73	822.86	1,485.86	202,952.50
40	2,308.73	828.86	1,479.86	202,123.64
41	2,308.73	834.91	1,473.82	201,288.73
42	2,308.73	841.00	1,467.73	200,447.73
43	2,308.73	847.13	1,461.60	199,600.61
44	2,308.73	853.31	1,455.42	198,747.30
45	2,308.73	859.53	1,449.20	197,887.77
46	2,308.73	865.79	1,442.93	197,021.98
47	2,308.73	872.11	1,436.62	196,149.87
48	2,308.73	878.47	1,430.26	195,271.40
49	2,308.73	884.87	1,423.85	194,386.53
50	2,308.73	891.32	1,417.40	193,495.21
51	2,308.73	897.82	1,410.90	192,597.38
52	2,308.73	904.37	1,404.36	191,693.01
53	2,308.73	910.96	1,397.76	190,782.05
54	2,308.73	917.61	1,391.12	189,864.44
55	2,308.73	924.30	1,384.43	188,940.14
56	2,308.73	931.04	1,377.69	188,009.10
57	2,308.73	937.83	1,370.90	187,071.28
58	2,308.73	944.66	1,364.06	186,126.61
59	2,308.73	951.55	1,357.17	185,175.06
60	2,308.73	958.49	1,350.23	184,216.57
61	2,308.73	965.48	1,343.25	183,251.09
62	2,308.73	972.52	1,336.21	182,278.57
63	2,308.73	979.61	1,329.11	181,298.95
64	2,308.73	986.75	1,321.97	180,312.20
65	2,308.73	993.95	1,314.78	179,318.25
66	2,308.73	1,001.20	1,307.53	178,317.05
67	2,308.73	1,008.50	1,300.23	177,308.55
68	2,308.73	1,015.85	1,292.87	176,292.70
69	2,308.73	1,023.26	1,285.47	175,269.44
70	2,308.73	1,030.72	1,278.01	174,238.72
71	2,308.73	1,038.24	1,270.49	173,200.49
72	2,308.73	1,045.81	1,262.92	172,154.68
73	2,308.73	1,053.43	1,255.29	171,101.25
74	2,308.73	1,061.11	1,247.61	170,040.14
75	2,308.73	1,068.85	1,239.88	168,971.29
76	2,308.73	1,076.64	1,232.08	167,894.64
77	2,308.73	1,084.49	1,224.23	166,810.15
78	2,308.73	1,092.40	1,216.32	165,717.75
79	2,308.73	1,100.37	1,208.36	164,617.38
80	2,308.73	1,108.39	1,200.34	163,508.99
81	2,308.73	1,116.47	1,192.25	162,392.51
82	2,308.73	1,124.61	1,184.11	161,267.90
83	2,308.73	1,132.81	1,175.91	160,135.08
84	2,308.73	1,141.07	1,167.65	158,994.01
85	2,308.73	1,149.40	1,159.33	157,844.62
86	2,308.73	1,157.78	1,150.95	156,686.84
87	2,308.73	1,166.22	1,142.51	155,520.62
88	2,308.73	1,174.72	1,134.00	154,345.90
89	2,308.73	1,183.29	1,125.44	153,162.61
90	2,308.73	1,191.92	1,116.81	151,970.70
91	2,308.73	1,200.61	1,108.12	150,770.09
92	2,308.73	1,209.36	1,099.37	149,560.73
93	2,308.73	1,218.18	1,090.55	148,342.55
94	2,308.73	1,227.06	1,081.66	147,115.49
95	2,308.73	1,236.01	1,072.72	145,879.48
96	2,308.73	1,245.02	1,063.70	144,634.46
97	2,308.73	1,254.10	1,054.63	143,380.36
98	2,308.73	1,263.24	1,045.48	142,117.11
99	2,308.73	1,272.46	1,036.27	140,844.65
100	2,308.73	1,281.73	1,026.99	139,562.92
101	2,308.73	1,291.08	1,017.65	138,271.84
102	2,308.73	1,300.49	1,008.23	136,971.35
103	2,308.73	1,309.98	998.75	135,661.37
104	2,308.73	1,319.53	989.20	134,341.84
105	2,308.73	1,329.15	979.58	133,012.69
106	2,308.73	1,338.84	969.88	131,673.85
107	2,308.73	1,348.60	960.12	130,325.24
108	2,308.73	1,358.44	950.29	128,966.81
109	2,308.73	1,368.34	940.38	127,598.46
110	2,308.73	1,378.32	930.41	126,220.14
111	2,308.73	1,388.37	920.36	124,831.77
112	2,308.73	1,398.49	910.23	123,433.27
113	2,308.73	1,408.69	900.03	122,024.58
114	2,308.73	1,418.96	889.76	120,605.62
115	2,308.73	1,429.31	879.42	119,176.31
116	2,308.73	1,439.73	868.99	117,736.58
117	2,308.73	1,450.23	858.50	116,286.35
118	2,308.73	1,460.81	847.92	114,825.54
119	2,308.73	1,471.46	837.27	113,354.08
120	2,308.73	1,482.19	826.54	111,871.90
121	2,308.73	1,492.99	815.73	110,378.90
122	2,308.73	1,503.88	804.85	108,875.02
123	2,308.73	1,514.85	793.88	107,360.18
124	2,308.73	1,525.89	782.83	105,834.29
125	2,308.73	1,537.02	771.71	104,297.27
126	2,308.73	1,548.23	760.50	102,749.04
127	2,308.73	1,559.51	749.21	101,189.53
128	2,308.73	1,570.89	737.84	99,618.64
129	2,308.73	1,582.34	726.39	98,036.30
130	2,308.73	1,593.88	714.85	96,442.42
131	2,308.73	1,605.50	703.23	94,836.92
132	2,308.73	1,617.21	691.52	93,219.72
133	2,308.73	1,629.00	679.73	91,590.72
134	2,308.73	1,640.88	667.85	89,949.84
135	2,308.73	1,652.84	655.88	88,297.00
136	2,308.73	1,664.89	643.83	86,632.10
137	2,308.73	1,677.03	631.69	84,955.07
138	2,308.73	1,689.26	619.46	83,265.81
139	2,308.73	1,701.58	607.15	81,564.23
140	2,308.73	1,713.99	594.74	79,850.24
141	2,308.73	1,726.49	582.24	78,123.75
142	2,308.73	1,739.07	569.65	76,384.68
143	2,308.73	1,751.75	556.97	74,632.92
144	2,308.73	1,764.53	544.20	72,868.40
145	2,308.73	1,777.39	531.33	71,091.00
146	2,308.73	1,790.35	518.37	69,300.65
147	2,308.73	1,803.41	505.32	67,497.24
148	2,308.73	1,816.56	492.17	65,680.68
149	2,308.73	1,829.80	478.92	63,850.88
150	2,308.73	1,843.15	465.58	62,007.73
151	2,308.73	1,856.59	452.14	60,151.14
152	2,308.73	1,870.12	438.60	58,281.02
153	2,308.73	1,883.76	424.97	56,397.26
154	2,308.73	1,897.50	411.23	54,499.76
155	2,308.73	1,911.33	397.39	52,588.43
156	2,308.73	1,925.27	383.46	50,663.16
157	2,308.73	1,939.31	369.42	48,723.85
158	2,308.73	1,953.45	355.28	46,770.40
159	2,308.73	1,967.69	341.03	44,802.71
160	2,308.73	1,982.04	326.69	42,820.67
161	2,308.73	1,996.49	312.23	40,824.18
162	2,308.73	2,011.05	297.68	38,813.13
163	2,308.73	2,025.71	283.01	36,787.41
164	2,308.73	2,040.48	268.24	34,746.93
165	2,308.73	2,055.36	253.36	32,691.57
166	2,308.73	2,070.35	238.38	30,621.22
167	2,308.73	2,085.45	223.28	28,535.77
168	2,308.73	2,100.65	208.07	26,435.12
169	2,308.73	2,115.97	192.76	24,319.15
170	2,308.73	2,131.40	177.33	22,187.75
171	2,308.73	2,146.94	161.79	20,040.81
172	2,308.73	2,162.60	146.13	17,878.21
173	2,308.73	2,178.36	130.36	15,699.85
174	2,308.73	2,194.25	114.48	13,505.60
175	2,308.73	2,210.25	98.48	11,295.35
176	2,308.73	2,226.36	82.36	9,068.98
177	2,308.73	2,242.60	66.13	6,826.39
178	2,308.73	2,258.95	49.78	4,567.44
179	2,308.73	2,275.42	33.30	2,292.01
180	2,308.73	2,292.01	16.71	0.00