Mortgage Loan of $245,000 for 15 Years at 5.50%

What's the payment on a 15 year home loan for $245k at 5.50% interest?
Loan Amount
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Interest Rate
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Results
Monthly payment: $2,001.85
$24,022 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $245k 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 245,000 loan for 15 years at 5.50 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 2,001.85 878.94 1,122.92 244,121.06
2 2,001.85 882.97 1,118.89 243,238.10
3 2,001.85 887.01 1,114.84 242,351.08
4 2,001.85 891.08 1,110.78 241,460.00
5 2,001.85 895.16 1,106.69 240,564.84
6 2,001.85 899.27 1,102.59 239,665.58
7 2,001.85 903.39 1,098.47 238,762.19
8 2,001.85 907.53 1,094.33 237,854.66
9 2,001.85 911.69 1,090.17 236,942.97
10 2,001.85 915.87 1,085.99 236,027.11
11 2,001.85 920.06 1,081.79 235,107.04
12 2,001.85 924.28 1,077.57 234,182.76
13 2,001.85 928.52 1,073.34 233,254.25
14 2,001.85 932.77 1,069.08 232,321.47
15 2,001.85 937.05 1,064.81 231,384.43
16 2,001.85 941.34 1,060.51 230,443.08
17 2,001.85 945.66 1,056.20 229,497.43
18 2,001.85 949.99 1,051.86 228,547.44
19 2,001.85 954.35 1,047.51 227,593.09
20 2,001.85 958.72 1,043.13 226,634.37
21 2,001.85 963.11 1,038.74 225,671.26
22 2,001.85 967.53 1,034.33 224,703.73
23 2,001.85 971.96 1,029.89 223,731.77
24 2,001.85 976.42 1,025.44 222,755.35
25 2,001.85 980.89 1,020.96 221,774.46
26 2,001.85 985.39 1,016.47 220,789.07
27 2,001.85 989.90 1,011.95 219,799.16
28 2,001.85 994.44 1,007.41 218,804.72
29 2,001.85 999.00 1,002.85 217,805.72
30 2,001.85 1,003.58 998.28 216,802.15
31 2,001.85 1,008.18 993.68 215,793.97
32 2,001.85 1,012.80 989.06 214,781.17
33 2,001.85 1,017.44 984.41 213,763.73
34 2,001.85 1,022.10 979.75 212,741.62
35 2,001.85 1,026.79 975.07 211,714.84
36 2,001.85 1,031.49 970.36 210,683.34
37 2,001.85 1,036.22 965.63 209,647.12
38 2,001.85 1,040.97 960.88 208,606.15
39 2,001.85 1,045.74 956.11 207,560.40
40 2,001.85 1,050.54 951.32 206,509.87
41 2,001.85 1,055.35 946.50 205,454.52
42 2,001.85 1,060.19 941.67 204,394.33
43 2,001.85 1,065.05 936.81 203,329.28
44 2,001.85 1,069.93 931.93 202,259.35
45 2,001.85 1,074.83 927.02 201,184.52
46 2,001.85 1,079.76 922.10 200,104.76
47 2,001.85 1,084.71 917.15 199,020.05
48 2,001.85 1,089.68 912.18 197,930.37
49 2,001.85 1,094.67 907.18 196,835.70
50 2,001.85 1,099.69 902.16 195,736.01
51 2,001.85 1,104.73 897.12 194,631.28
52 2,001.85 1,109.79 892.06 193,521.48
53 2,001.85 1,114.88 886.97 192,406.60
54 2,001.85 1,119.99 881.86 191,286.61
55 2,001.85 1,125.12 876.73 190,161.49
56 2,001.85 1,130.28 871.57 189,031.21
57 2,001.85 1,135.46 866.39 187,895.75
58 2,001.85 1,140.67 861.19 186,755.08
59 2,001.85 1,145.89 855.96 185,609.19
60 2,001.85 1,151.15 850.71 184,458.04
61 2,001.85 1,156.42 845.43 183,301.62
62 2,001.85 1,161.72 840.13 182,139.90
63 2,001.85 1,167.05 834.81 180,972.85
64 2,001.85 1,172.40 829.46 179,800.46
65 2,001.85 1,177.77 824.09 178,622.69
66 2,001.85 1,183.17 818.69 177,439.52
67 2,001.85 1,188.59 813.26 176,250.93
68 2,001.85 1,194.04 807.82 175,056.89
69 2,001.85 1,199.51 802.34 173,857.38
70 2,001.85 1,205.01 796.85 172,652.37
71 2,001.85 1,210.53 791.32 171,441.84
72 2,001.85 1,216.08 785.78 170,225.76
73 2,001.85 1,221.65 780.20 169,004.11
74 2,001.85 1,227.25 774.60 167,776.86
75 2,001.85 1,232.88 768.98 166,543.98
76 2,001.85 1,238.53 763.33 165,305.45
77 2,001.85 1,244.20 757.65 164,061.25
78 2,001.85 1,249.91 751.95 162,811.34
79 2,001.85 1,255.64 746.22 161,555.70
80 2,001.85 1,261.39 740.46 160,294.31
81 2,001.85 1,267.17 734.68 159,027.14
82 2,001.85 1,272.98 728.87 157,754.16
83 2,001.85 1,278.81 723.04 156,475.35
84 2,001.85 1,284.68 717.18 155,190.67
85 2,001.85 1,290.56 711.29 153,900.11
86 2,001.85 1,296.48 705.38 152,603.63
87 2,001.85 1,302.42 699.43 151,301.21
88 2,001.85 1,308.39 693.46 149,992.82
89 2,001.85 1,314.39 687.47 148,678.43
90 2,001.85 1,320.41 681.44 147,358.02
91 2,001.85 1,326.46 675.39 146,031.55
92 2,001.85 1,332.54 669.31 144,699.01
93 2,001.85 1,338.65 663.20 143,360.36
94 2,001.85 1,344.79 657.07 142,015.57
95 2,001.85 1,350.95 650.90 140,664.62
96 2,001.85 1,357.14 644.71 139,307.48
97 2,001.85 1,363.36 638.49 137,944.12
98 2,001.85 1,369.61 632.24 136,574.51
99 2,001.85 1,375.89 625.97 135,198.62
100 2,001.85 1,382.19 619.66 133,816.43
101 2,001.85 1,388.53 613.33 132,427.90
102 2,001.85 1,394.89 606.96 131,033.01
103 2,001.85 1,401.29 600.57 129,631.72
104 2,001.85 1,407.71 594.15 128,224.01
105 2,001.85 1,414.16 587.69 126,809.85
106 2,001.85 1,420.64 581.21 125,389.21
107 2,001.85 1,427.15 574.70 123,962.05
108 2,001.85 1,433.70 568.16 122,528.36
109 2,001.85 1,440.27 561.59 121,088.09
110 2,001.85 1,446.87 554.99 119,641.22
111 2,001.85 1,453.50 548.36 118,187.72
112 2,001.85 1,460.16 541.69 116,727.56
113 2,001.85 1,466.85 535.00 115,260.71
114 2,001.85 1,473.58 528.28 113,787.13
115 2,001.85 1,480.33 521.52 112,306.80
116 2,001.85 1,487.11 514.74 110,819.69
117 2,001.85 1,493.93 507.92 109,325.76
118 2,001.85 1,500.78 501.08 107,824.98
119 2,001.85 1,507.66 494.20 106,317.32
120 2,001.85 1,514.57 487.29 104,802.76
121 2,001.85 1,521.51 480.35 103,281.25
122 2,001.85 1,528.48 473.37 101,752.77
123 2,001.85 1,535.49 466.37 100,217.28
124 2,001.85 1,542.53 459.33 98,674.75
125 2,001.85 1,549.60 452.26 97,125.16
126 2,001.85 1,556.70 445.16 95,568.46
127 2,001.85 1,563.83 438.02 94,004.63
128 2,001.85 1,571.00 430.85 92,433.63
129 2,001.85 1,578.20 423.65 90,855.43
130 2,001.85 1,585.43 416.42 89,269.99
131 2,001.85 1,592.70 409.15 87,677.29
132 2,001.85 1,600.00 401.85 86,077.29
133 2,001.85 1,607.33 394.52 84,469.96
134 2,001.85 1,614.70 387.15 82,855.26
135 2,001.85 1,622.10 379.75 81,233.16
136 2,001.85 1,629.54 372.32 79,603.62
137 2,001.85 1,637.00 364.85 77,966.62
138 2,001.85 1,644.51 357.35 76,322.11
139 2,001.85 1,652.04 349.81 74,670.07
140 2,001.85 1,659.62 342.24 73,010.45
141 2,001.85 1,667.22 334.63 71,343.23
142 2,001.85 1,674.86 326.99 69,668.36
143 2,001.85 1,682.54 319.31 67,985.82
144 2,001.85 1,690.25 311.60 66,295.57
145 2,001.85 1,698.00 303.85 64,597.57
146 2,001.85 1,705.78 296.07 62,891.79
147 2,001.85 1,713.60 288.25 61,178.19
148 2,001.85 1,721.45 280.40 59,456.73
149 2,001.85 1,729.34 272.51 57,727.39
150 2,001.85 1,737.27 264.58 55,990.12
151 2,001.85 1,745.23 256.62 54,244.88
152 2,001.85 1,753.23 248.62 52,491.65
153 2,001.85 1,761.27 240.59 50,730.38
154 2,001.85 1,769.34 232.51 48,961.04
155 2,001.85 1,777.45 224.40 47,183.59
156 2,001.85 1,785.60 216.26 45,398.00
157 2,001.85 1,793.78 208.07 43,604.22
158 2,001.85 1,802.00 199.85 41,802.21
159 2,001.85 1,810.26 191.59 39,991.95
160 2,001.85 1,818.56 183.30 38,173.40
161 2,001.85 1,826.89 174.96 36,346.50
162 2,001.85 1,835.27 166.59 34,511.24
163 2,001.85 1,843.68 158.18 32,667.56
164 2,001.85 1,852.13 149.73 30,815.43
165 2,001.85 1,860.62 141.24 28,954.81
166 2,001.85 1,869.14 132.71 27,085.67
167 2,001.85 1,877.71 124.14 25,207.96
168 2,001.85 1,886.32 115.54 23,321.64
169 2,001.85 1,894.96 106.89 21,426.67
170 2,001.85 1,903.65 98.21 19,523.03
171 2,001.85 1,912.37 89.48 17,610.65
172 2,001.85 1,921.14 80.72 15,689.51
173 2,001.85 1,929.94 71.91 13,759.57
174 2,001.85 1,938.79 63.06 11,820.78
175 2,001.85 1,947.68 54.18 9,873.10
176 2,001.85 1,956.60 45.25 7,916.50
177 2,001.85 1,965.57 36.28 5,950.93
178 2,001.85 1,974.58 27.28 3,976.35
179 2,001.85 1,983.63 18.22 1,992.72
180 2,001.85 1,992.72 9.13 0.00
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