Mortgage Loan of $300,000 for 15 Years at 8.50%

What's the payment on a 15 year home loan for $300k at 8.50% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $2,954.22

$35,451 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $300k 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 300,000 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	2,954.22	829.22	2,125.00	299,170.78
2	2,954.22	835.09	2,119.13	298,335.69
3	2,954.22	841.01	2,113.21	297,494.68
4	2,954.22	846.96	2,107.25	296,647.72
5	2,954.22	852.96	2,101.25	295,794.75
6	2,954.22	859.01	2,095.21	294,935.75
7	2,954.22	865.09	2,089.13	294,070.66
8	2,954.22	871.22	2,083.00	293,199.44
9	2,954.22	877.39	2,076.83	292,322.05
10	2,954.22	883.60	2,070.61	291,438.44
11	2,954.22	889.86	2,064.36	290,548.58
12	2,954.22	896.17	2,058.05	289,652.42
13	2,954.22	902.51	2,051.70	288,749.90
14	2,954.22	908.91	2,045.31	287,840.99
15	2,954.22	915.34	2,038.87	286,925.65
16	2,954.22	921.83	2,032.39	286,003.82
17	2,954.22	928.36	2,025.86	285,075.46
18	2,954.22	934.93	2,019.28	284,140.53
19	2,954.22	941.56	2,012.66	283,198.97
20	2,954.22	948.23	2,005.99	282,250.75
21	2,954.22	954.94	1,999.28	281,295.80
22	2,954.22	961.71	1,992.51	280,334.10
23	2,954.22	968.52	1,985.70	279,365.58
24	2,954.22	975.38	1,978.84	278,390.20
25	2,954.22	982.29	1,971.93	277,407.91
26	2,954.22	989.25	1,964.97	276,418.66
27	2,954.22	996.25	1,957.97	275,422.41
28	2,954.22	1,003.31	1,950.91	274,419.10
29	2,954.22	1,010.42	1,943.80	273,408.68
30	2,954.22	1,017.57	1,936.64	272,391.11
31	2,954.22	1,024.78	1,929.44	271,366.33
32	2,954.22	1,032.04	1,922.18	270,334.29
33	2,954.22	1,039.35	1,914.87	269,294.94
34	2,954.22	1,046.71	1,907.51	268,248.23
35	2,954.22	1,054.13	1,900.09	267,194.10
36	2,954.22	1,061.59	1,892.62	266,132.50
37	2,954.22	1,069.11	1,885.11	265,063.39
38	2,954.22	1,076.69	1,877.53	263,986.70
39	2,954.22	1,084.31	1,869.91	262,902.39
40	2,954.22	1,091.99	1,862.23	261,810.40
41	2,954.22	1,099.73	1,854.49	260,710.67
42	2,954.22	1,107.52	1,846.70	259,603.15
43	2,954.22	1,115.36	1,838.86	258,487.79
44	2,954.22	1,123.26	1,830.96	257,364.53
45	2,954.22	1,131.22	1,823.00	256,233.31
46	2,954.22	1,139.23	1,814.99	255,094.07
47	2,954.22	1,147.30	1,806.92	253,946.77
48	2,954.22	1,155.43	1,798.79	252,791.34
49	2,954.22	1,163.61	1,790.61	251,627.73
50	2,954.22	1,171.86	1,782.36	250,455.87
51	2,954.22	1,180.16	1,774.06	249,275.72
52	2,954.22	1,188.52	1,765.70	248,087.20
53	2,954.22	1,196.93	1,757.28	246,890.27
54	2,954.22	1,205.41	1,748.81	245,684.85
55	2,954.22	1,213.95	1,740.27	244,470.90
56	2,954.22	1,222.55	1,731.67	243,248.35
57	2,954.22	1,231.21	1,723.01	242,017.14
58	2,954.22	1,239.93	1,714.29	240,777.21
59	2,954.22	1,248.71	1,705.51	239,528.50
60	2,954.22	1,257.56	1,696.66	238,270.94
61	2,954.22	1,266.47	1,687.75	237,004.47
62	2,954.22	1,275.44	1,678.78	235,729.04
63	2,954.22	1,284.47	1,669.75	234,444.57
64	2,954.22	1,293.57	1,660.65	233,151.00
65	2,954.22	1,302.73	1,651.49	231,848.26
66	2,954.22	1,311.96	1,642.26	230,536.30
67	2,954.22	1,321.25	1,632.97	229,215.05
68	2,954.22	1,330.61	1,623.61	227,884.44
69	2,954.22	1,340.04	1,614.18	226,544.40
70	2,954.22	1,349.53	1,604.69	225,194.87
71	2,954.22	1,359.09	1,595.13	223,835.78
72	2,954.22	1,368.72	1,585.50	222,467.07
73	2,954.22	1,378.41	1,575.81	221,088.66
74	2,954.22	1,388.17	1,566.04	219,700.48
75	2,954.22	1,398.01	1,556.21	218,302.48
76	2,954.22	1,407.91	1,546.31	216,894.57
77	2,954.22	1,417.88	1,536.34	215,476.69
78	2,954.22	1,427.93	1,526.29	214,048.76
79	2,954.22	1,438.04	1,516.18	212,610.72
80	2,954.22	1,448.23	1,505.99	211,162.49
81	2,954.22	1,458.48	1,495.73	209,704.01
82	2,954.22	1,468.82	1,485.40	208,235.20
83	2,954.22	1,479.22	1,475.00	206,755.98
84	2,954.22	1,489.70	1,464.52	205,266.28
85	2,954.22	1,500.25	1,453.97	203,766.03
86	2,954.22	1,510.88	1,443.34	202,255.15
87	2,954.22	1,521.58	1,432.64	200,733.58
88	2,954.22	1,532.36	1,421.86	199,201.22
89	2,954.22	1,543.21	1,411.01	197,658.01
90	2,954.22	1,554.14	1,400.08	196,103.87
91	2,954.22	1,565.15	1,389.07	194,538.72
92	2,954.22	1,576.24	1,377.98	192,962.48
93	2,954.22	1,587.40	1,366.82	191,375.08
94	2,954.22	1,598.65	1,355.57	189,776.44
95	2,954.22	1,609.97	1,344.25	188,166.47
96	2,954.22	1,621.37	1,332.85	186,545.09
97	2,954.22	1,632.86	1,321.36	184,912.24
98	2,954.22	1,644.42	1,309.80	183,267.81
99	2,954.22	1,656.07	1,298.15	181,611.74
100	2,954.22	1,667.80	1,286.42	179,943.94
101	2,954.22	1,679.62	1,274.60	178,264.32
102	2,954.22	1,691.51	1,262.71	176,572.81
103	2,954.22	1,703.49	1,250.72	174,869.32
104	2,954.22	1,715.56	1,238.66	173,153.76
105	2,954.22	1,727.71	1,226.51	171,426.04
106	2,954.22	1,739.95	1,214.27	169,686.09
107	2,954.22	1,752.28	1,201.94	167,933.82
108	2,954.22	1,764.69	1,189.53	166,169.13
109	2,954.22	1,777.19	1,177.03	164,391.94
110	2,954.22	1,789.78	1,164.44	162,602.17
111	2,954.22	1,802.45	1,151.77	160,799.71
112	2,954.22	1,815.22	1,139.00	158,984.49
113	2,954.22	1,828.08	1,126.14	157,156.41
114	2,954.22	1,841.03	1,113.19	155,315.39
115	2,954.22	1,854.07	1,100.15	153,461.32
116	2,954.22	1,867.20	1,087.02	151,594.12
117	2,954.22	1,880.43	1,073.79	149,713.69
118	2,954.22	1,893.75	1,060.47	147,819.94
119	2,954.22	1,907.16	1,047.06	145,912.78
120	2,954.22	1,920.67	1,033.55	143,992.11
121	2,954.22	1,934.27	1,019.94	142,057.84
122	2,954.22	1,947.98	1,006.24	140,109.86
123	2,954.22	1,961.77	992.44	138,148.09
124	2,954.22	1,975.67	978.55	136,172.42
125	2,954.22	1,989.66	964.55	134,182.75
126	2,954.22	2,003.76	950.46	132,179.00
127	2,954.22	2,017.95	936.27	130,161.05
128	2,954.22	2,032.24	921.97	128,128.80
129	2,954.22	2,046.64	907.58	126,082.16
130	2,954.22	2,061.14	893.08	124,021.02
131	2,954.22	2,075.74	878.48	121,945.29
132	2,954.22	2,090.44	863.78	119,854.85
133	2,954.22	2,105.25	848.97	117,749.60
134	2,954.22	2,120.16	834.06	115,629.44
135	2,954.22	2,135.18	819.04	113,494.27
136	2,954.22	2,150.30	803.92	111,343.97
137	2,954.22	2,165.53	788.69	109,178.43
138	2,954.22	2,180.87	773.35	106,997.56
139	2,954.22	2,196.32	757.90	104,801.24
140	2,954.22	2,211.88	742.34	102,589.37
141	2,954.22	2,227.54	726.67	100,361.82
142	2,954.22	2,243.32	710.90	98,118.50
143	2,954.22	2,259.21	695.01	95,859.29
144	2,954.22	2,275.22	679.00	93,584.07
145	2,954.22	2,291.33	662.89	91,292.74
146	2,954.22	2,307.56	646.66	88,985.18
147	2,954.22	2,323.91	630.31	86,661.27
148	2,954.22	2,340.37	613.85	84,320.90
149	2,954.22	2,356.95	597.27	81,963.96
150	2,954.22	2,373.64	580.58	79,590.32
151	2,954.22	2,390.45	563.76	77,199.86
152	2,954.22	2,407.39	546.83	74,792.48
153	2,954.22	2,424.44	529.78	72,368.04
154	2,954.22	2,441.61	512.61	69,926.43
155	2,954.22	2,458.91	495.31	67,467.52
156	2,954.22	2,476.32	477.89	64,991.20
157	2,954.22	2,493.86	460.35	62,497.33
158	2,954.22	2,511.53	442.69	59,985.80
159	2,954.22	2,529.32	424.90	57,456.48
160	2,954.22	2,547.24	406.98	54,909.25
161	2,954.22	2,565.28	388.94	52,343.97
162	2,954.22	2,583.45	370.77	49,760.52
163	2,954.22	2,601.75	352.47	47,158.77
164	2,954.22	2,620.18	334.04	44,538.60
165	2,954.22	2,638.74	315.48	41,899.86
166	2,954.22	2,657.43	296.79	39,242.43
167	2,954.22	2,676.25	277.97	36,566.18
168	2,954.22	2,695.21	259.01	33,870.97
169	2,954.22	2,714.30	239.92	31,156.67
170	2,954.22	2,733.53	220.69	28,423.15
171	2,954.22	2,752.89	201.33	25,670.26
172	2,954.22	2,772.39	181.83	22,897.87
173	2,954.22	2,792.03	162.19	20,105.84
174	2,954.22	2,811.80	142.42	17,294.04
175	2,954.22	2,831.72	122.50	14,462.32
176	2,954.22	2,851.78	102.44	11,610.55
177	2,954.22	2,871.98	82.24	8,738.57
178	2,954.22	2,892.32	61.90	5,846.25
179	2,954.22	2,912.81	41.41	2,933.44
180	2,954.22	2,933.44	20.78	0.00