Mortgage Loan of $249,000 for 15 Years at 8.875%

What's the payment on a 15 year home loan for $249k at 8.875% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $2,507.04

$30,085 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $249k 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 249,000 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	2,507.04	665.48	1,841.56	248,334.52
2	2,507.04	670.40	1,836.64	247,664.12
3	2,507.04	675.36	1,831.68	246,988.76
4	2,507.04	680.35	1,826.69	246,308.41
5	2,507.04	685.39	1,821.66	245,623.02
6	2,507.04	690.45	1,816.59	244,932.57
7	2,507.04	695.56	1,811.48	244,237.00
8	2,507.04	700.71	1,806.34	243,536.30
9	2,507.04	705.89	1,801.15	242,830.41
10	2,507.04	711.11	1,795.93	242,119.30
11	2,507.04	716.37	1,790.67	241,402.93
12	2,507.04	721.67	1,785.38	240,681.27
13	2,507.04	727.00	1,780.04	239,954.27
14	2,507.04	732.38	1,774.66	239,221.89
15	2,507.04	737.80	1,769.25	238,484.09
16	2,507.04	743.25	1,763.79	237,740.84
17	2,507.04	748.75	1,758.29	236,992.09
18	2,507.04	754.29	1,752.75	236,237.80
19	2,507.04	759.87	1,747.18	235,477.93
20	2,507.04	765.49	1,741.56	234,712.45
21	2,507.04	771.15	1,735.89	233,941.30
22	2,507.04	776.85	1,730.19	233,164.45
23	2,507.04	782.60	1,724.45	232,381.85
24	2,507.04	788.38	1,718.66	231,593.47
25	2,507.04	794.22	1,712.83	230,799.25
26	2,507.04	800.09	1,706.95	229,999.16
27	2,507.04	806.01	1,701.04	229,193.16
28	2,507.04	811.97	1,695.07	228,381.19
29	2,507.04	817.97	1,689.07	227,563.22
30	2,507.04	824.02	1,683.02	226,739.19
31	2,507.04	830.12	1,676.93	225,909.08
32	2,507.04	836.26	1,670.79	225,072.82
33	2,507.04	842.44	1,664.60	224,230.38
34	2,507.04	848.67	1,658.37	223,381.71
35	2,507.04	854.95	1,652.09	222,526.76
36	2,507.04	861.27	1,645.77	221,665.49
37	2,507.04	867.64	1,639.40	220,797.85
38	2,507.04	874.06	1,632.98	219,923.79
39	2,507.04	880.52	1,626.52	219,043.27
40	2,507.04	887.03	1,620.01	218,156.24
41	2,507.04	893.59	1,613.45	217,262.64
42	2,507.04	900.20	1,606.84	216,362.44
43	2,507.04	906.86	1,600.18	215,455.58
44	2,507.04	913.57	1,593.47	214,542.01
45	2,507.04	920.32	1,586.72	213,621.68
46	2,507.04	927.13	1,579.91	212,694.55
47	2,507.04	933.99	1,573.05	211,760.56
48	2,507.04	940.90	1,566.15	210,819.67
49	2,507.04	947.85	1,559.19	209,871.81
50	2,507.04	954.86	1,552.18	208,916.95
51	2,507.04	961.93	1,545.11	207,955.02
52	2,507.04	969.04	1,538.00	206,985.98
53	2,507.04	976.21	1,530.83	206,009.77
54	2,507.04	983.43	1,523.61	205,026.35
55	2,507.04	990.70	1,516.34	204,035.64
56	2,507.04	998.03	1,509.01	203,037.62
57	2,507.04	1,005.41	1,501.63	202,032.21
58	2,507.04	1,012.85	1,494.20	201,019.36
59	2,507.04	1,020.34	1,486.71	199,999.03
60	2,507.04	1,027.88	1,479.16	198,971.14
61	2,507.04	1,035.48	1,471.56	197,935.66
62	2,507.04	1,043.14	1,463.90	196,892.52
63	2,507.04	1,050.86	1,456.18	195,841.66
64	2,507.04	1,058.63	1,448.41	194,783.03
65	2,507.04	1,066.46	1,440.58	193,716.57
66	2,507.04	1,074.35	1,432.70	192,642.22
67	2,507.04	1,082.29	1,424.75	191,559.93
68	2,507.04	1,090.30	1,416.75	190,469.64
69	2,507.04	1,098.36	1,408.68	189,371.28
70	2,507.04	1,106.48	1,400.56	188,264.79
71	2,507.04	1,114.67	1,392.38	187,150.13
72	2,507.04	1,122.91	1,384.13	186,027.21
73	2,507.04	1,131.22	1,375.83	184,896.00
74	2,507.04	1,139.58	1,367.46	183,756.42
75	2,507.04	1,148.01	1,359.03	182,608.41
76	2,507.04	1,156.50	1,350.54	181,451.91
77	2,507.04	1,165.05	1,341.99	180,286.85
78	2,507.04	1,173.67	1,333.37	179,113.18
79	2,507.04	1,182.35	1,324.69	177,930.83
80	2,507.04	1,191.09	1,315.95	176,739.74
81	2,507.04	1,199.90	1,307.14	175,539.83
82	2,507.04	1,208.78	1,298.26	174,331.05
83	2,507.04	1,217.72	1,289.32	173,113.34
84	2,507.04	1,226.72	1,280.32	171,886.61
85	2,507.04	1,235.80	1,271.24	170,650.82
86	2,507.04	1,244.94	1,262.10	169,405.88
87	2,507.04	1,254.14	1,252.90	168,151.73
88	2,507.04	1,263.42	1,243.62	166,888.31
89	2,507.04	1,272.76	1,234.28	165,615.55
90	2,507.04	1,282.18	1,224.87	164,333.37
91	2,507.04	1,291.66	1,215.38	163,041.71
92	2,507.04	1,301.21	1,205.83	161,740.50
93	2,507.04	1,310.84	1,196.21	160,429.67
94	2,507.04	1,320.53	1,186.51	159,109.14
95	2,507.04	1,330.30	1,176.74	157,778.84
96	2,507.04	1,340.14	1,166.91	156,438.70
97	2,507.04	1,350.05	1,156.99	155,088.66
98	2,507.04	1,360.03	1,147.01	153,728.62
99	2,507.04	1,370.09	1,136.95	152,358.53
100	2,507.04	1,380.22	1,126.82	150,978.31
101	2,507.04	1,390.43	1,116.61	149,587.88
102	2,507.04	1,400.71	1,106.33	148,187.16
103	2,507.04	1,411.07	1,095.97	146,776.09
104	2,507.04	1,421.51	1,085.53	145,354.58
105	2,507.04	1,432.02	1,075.02	143,922.56
106	2,507.04	1,442.61	1,064.43	142,479.94
107	2,507.04	1,453.28	1,053.76	141,026.66
108	2,507.04	1,464.03	1,043.01	139,562.63
109	2,507.04	1,474.86	1,032.18	138,087.77
110	2,507.04	1,485.77	1,021.27	136,602.00
111	2,507.04	1,496.76	1,010.29	135,105.24
112	2,507.04	1,507.83	999.22	133,597.42
113	2,507.04	1,518.98	988.06	132,078.44
114	2,507.04	1,530.21	976.83	130,548.23
115	2,507.04	1,541.53	965.51	129,006.70
116	2,507.04	1,552.93	954.11	127,453.77
117	2,507.04	1,564.41	942.63	125,889.35
118	2,507.04	1,575.99	931.06	124,313.37
119	2,507.04	1,587.64	919.40	122,725.73
120	2,507.04	1,599.38	907.66	121,126.34
121	2,507.04	1,611.21	895.83	119,515.13
122	2,507.04	1,623.13	883.91	117,892.01
123	2,507.04	1,635.13	871.91	116,256.87
124	2,507.04	1,647.23	859.82	114,609.65
125	2,507.04	1,659.41	847.63	112,950.24
126	2,507.04	1,671.68	835.36	111,278.56
127	2,507.04	1,684.04	823.00	109,594.52
128	2,507.04	1,696.50	810.54	107,898.02
129	2,507.04	1,709.05	798.00	106,188.97
130	2,507.04	1,721.69	785.36	104,467.28
131	2,507.04	1,734.42	772.62	102,732.87
132	2,507.04	1,747.25	759.80	100,985.62
133	2,507.04	1,760.17	746.87	99,225.45
134	2,507.04	1,773.19	733.85	97,452.26
135	2,507.04	1,786.30	720.74	95,665.96
136	2,507.04	1,799.51	707.53	93,866.45
137	2,507.04	1,812.82	694.22	92,053.63
138	2,507.04	1,826.23	680.81	90,227.40
139	2,507.04	1,839.73	667.31	88,387.67
140	2,507.04	1,853.34	653.70	86,534.32
141	2,507.04	1,867.05	639.99	84,667.28
142	2,507.04	1,880.86	626.19	82,786.42
143	2,507.04	1,894.77	612.27	80,891.65
144	2,507.04	1,908.78	598.26	78,982.87
145	2,507.04	1,922.90	584.14	77,059.97
146	2,507.04	1,937.12	569.92	75,122.85
147	2,507.04	1,951.45	555.60	73,171.41
148	2,507.04	1,965.88	541.16	71,205.53
149	2,507.04	1,980.42	526.62	69,225.11
150	2,507.04	1,995.06	511.98	67,230.05
151	2,507.04	2,009.82	497.22	65,220.23
152	2,507.04	2,024.68	482.36	63,195.55
153	2,507.04	2,039.66	467.38	61,155.89
154	2,507.04	2,054.74	452.30	59,101.14
155	2,507.04	2,069.94	437.10	57,031.20
156	2,507.04	2,085.25	421.79	54,945.96
157	2,507.04	2,100.67	406.37	52,845.29
158	2,507.04	2,116.21	390.83	50,729.08
159	2,507.04	2,131.86	375.18	48,597.22
160	2,507.04	2,147.62	359.42	46,449.60
161	2,507.04	2,163.51	343.53	44,286.09
162	2,507.04	2,179.51	327.53	42,106.58
163	2,507.04	2,195.63	311.41	39,910.95
164	2,507.04	2,211.87	295.17	37,699.08
165	2,507.04	2,228.23	278.82	35,470.86
166	2,507.04	2,244.71	262.34	33,226.15
167	2,507.04	2,261.31	245.74	30,964.85
168	2,507.04	2,278.03	229.01	28,686.81
169	2,507.04	2,294.88	212.16	26,391.94
170	2,507.04	2,311.85	195.19	24,080.08
171	2,507.04	2,328.95	178.09	21,751.14
172	2,507.04	2,346.17	160.87	19,404.96
173	2,507.04	2,363.53	143.52	17,041.44
174	2,507.04	2,381.01	126.04	14,660.43
175	2,507.04	2,398.62	108.43	12,261.81
176	2,507.04	2,416.36	90.69	9,845.46
177	2,507.04	2,434.23	72.82	7,411.23
178	2,507.04	2,452.23	54.81	4,959.00
179	2,507.04	2,470.37	36.68	2,488.64
180	2,507.04	2,488.64	18.41	0.00