Mortgage Loan of $300,000 for 15 Years at 8.75%

What's the payment on a 15 year home loan for $300k at 8.75% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $2,998.35

$35,980 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 8.75 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	2,998.35	810.85	2,187.50	299,189.15
2	2,998.35	816.76	2,181.59	298,372.40
3	2,998.35	822.71	2,175.63	297,549.68
4	2,998.35	828.71	2,169.63	296,720.97
5	2,998.35	834.76	2,163.59	295,886.21
6	2,998.35	840.84	2,157.50	295,045.37
7	2,998.35	846.97	2,151.37	294,198.40
8	2,998.35	853.15	2,145.20	293,345.25
9	2,998.35	859.37	2,138.98	292,485.88
10	2,998.35	865.64	2,132.71	291,620.24
11	2,998.35	871.95	2,126.40	290,748.29
12	2,998.35	878.31	2,120.04	289,869.99
13	2,998.35	884.71	2,113.64	288,985.28
14	2,998.35	891.16	2,107.18	288,094.11
15	2,998.35	897.66	2,100.69	287,196.46
16	2,998.35	904.21	2,094.14	286,292.25
17	2,998.35	910.80	2,087.55	285,381.45
18	2,998.35	917.44	2,080.91	284,464.01
19	2,998.35	924.13	2,074.22	283,539.88
20	2,998.35	930.87	2,067.48	282,609.02
21	2,998.35	937.66	2,060.69	281,671.36
22	2,998.35	944.49	2,053.85	280,726.87
23	2,998.35	951.38	2,046.97	279,775.49
24	2,998.35	958.32	2,040.03	278,817.17
25	2,998.35	965.30	2,033.04	277,851.87
26	2,998.35	972.34	2,026.00	276,879.53
27	2,998.35	979.43	2,018.91	275,900.09
28	2,998.35	986.57	2,011.77	274,913.52
29	2,998.35	993.77	2,004.58	273,919.75
30	2,998.35	1,001.01	1,997.33	272,918.74
31	2,998.35	1,008.31	1,990.03	271,910.42
32	2,998.35	1,015.67	1,982.68	270,894.76
33	2,998.35	1,023.07	1,975.27	269,871.68
34	2,998.35	1,030.53	1,967.81	268,841.15
35	2,998.35	1,038.05	1,960.30	267,803.11
36	2,998.35	1,045.61	1,952.73	266,757.49
37	2,998.35	1,053.24	1,945.11	265,704.25
38	2,998.35	1,060.92	1,937.43	264,643.33
39	2,998.35	1,068.65	1,929.69	263,574.68
40	2,998.35	1,076.45	1,921.90	262,498.23
41	2,998.35	1,084.30	1,914.05	261,413.94
42	2,998.35	1,092.20	1,906.14	260,321.73
43	2,998.35	1,100.17	1,898.18	259,221.57
44	2,998.35	1,108.19	1,890.16	258,113.38
45	2,998.35	1,116.27	1,882.08	256,997.11
46	2,998.35	1,124.41	1,873.94	255,872.70
47	2,998.35	1,132.61	1,865.74	254,740.09
48	2,998.35	1,140.87	1,857.48	253,599.23
49	2,998.35	1,149.18	1,849.16	252,450.04
50	2,998.35	1,157.56	1,840.78	251,292.48
51	2,998.35	1,166.00	1,832.34	250,126.47
52	2,998.35	1,174.51	1,823.84	248,951.96
53	2,998.35	1,183.07	1,815.27	247,768.89
54	2,998.35	1,191.70	1,806.65	246,577.20
55	2,998.35	1,200.39	1,797.96	245,376.81
56	2,998.35	1,209.14	1,789.21	244,167.67
57	2,998.35	1,217.96	1,780.39	242,949.71
58	2,998.35	1,226.84	1,771.51	241,722.87
59	2,998.35	1,235.78	1,762.56	240,487.09
60	2,998.35	1,244.79	1,753.55	239,242.30
61	2,998.35	1,253.87	1,744.48	237,988.43
62	2,998.35	1,263.01	1,735.33	236,725.41
63	2,998.35	1,272.22	1,726.12	235,453.19
64	2,998.35	1,281.50	1,716.85	234,171.69
65	2,998.35	1,290.84	1,707.50	232,880.84
66	2,998.35	1,300.26	1,698.09	231,580.59
67	2,998.35	1,309.74	1,688.61	230,270.85
68	2,998.35	1,319.29	1,679.06	228,951.56
69	2,998.35	1,328.91	1,669.44	227,622.66
70	2,998.35	1,338.60	1,659.75	226,284.06
71	2,998.35	1,348.36	1,649.99	224,935.70
72	2,998.35	1,358.19	1,640.16	223,577.51
73	2,998.35	1,368.09	1,630.25	222,209.42
74	2,998.35	1,378.07	1,620.28	220,831.35
75	2,998.35	1,388.12	1,610.23	219,443.23
76	2,998.35	1,398.24	1,600.11	218,044.99
77	2,998.35	1,408.43	1,589.91	216,636.56
78	2,998.35	1,418.70	1,579.64	215,217.85
79	2,998.35	1,429.05	1,569.30	213,788.80
80	2,998.35	1,439.47	1,558.88	212,349.33
81	2,998.35	1,449.97	1,548.38	210,899.37
82	2,998.35	1,460.54	1,537.81	209,438.83
83	2,998.35	1,471.19	1,527.16	207,967.64
84	2,998.35	1,481.92	1,516.43	206,485.73
85	2,998.35	1,492.72	1,505.63	204,993.01
86	2,998.35	1,503.61	1,494.74	203,489.40
87	2,998.35	1,514.57	1,483.78	201,974.83
88	2,998.35	1,525.61	1,472.73	200,449.22
89	2,998.35	1,536.74	1,461.61	198,912.48
90	2,998.35	1,547.94	1,450.40	197,364.54
91	2,998.35	1,559.23	1,439.12	195,805.31
92	2,998.35	1,570.60	1,427.75	194,234.71
93	2,998.35	1,582.05	1,416.29	192,652.66
94	2,998.35	1,593.59	1,404.76	191,059.07
95	2,998.35	1,605.21	1,393.14	189,453.87
96	2,998.35	1,616.91	1,381.43	187,836.96
97	2,998.35	1,628.70	1,369.64	186,208.25
98	2,998.35	1,640.58	1,357.77	184,567.68
99	2,998.35	1,652.54	1,345.81	182,915.14
100	2,998.35	1,664.59	1,333.76	181,250.55
101	2,998.35	1,676.73	1,321.62	179,573.82
102	2,998.35	1,688.95	1,309.39	177,884.87
103	2,998.35	1,701.27	1,297.08	176,183.60
104	2,998.35	1,713.67	1,284.67	174,469.92
105	2,998.35	1,726.17	1,272.18	172,743.75
106	2,998.35	1,738.76	1,259.59	171,005.00
107	2,998.35	1,751.43	1,246.91	169,253.56
108	2,998.35	1,764.21	1,234.14	167,489.36
109	2,998.35	1,777.07	1,221.28	165,712.29
110	2,998.35	1,790.03	1,208.32	163,922.26
111	2,998.35	1,803.08	1,195.27	162,119.18
112	2,998.35	1,816.23	1,182.12	160,302.95
113	2,998.35	1,829.47	1,168.88	158,473.48
114	2,998.35	1,842.81	1,155.54	156,630.67
115	2,998.35	1,856.25	1,142.10	154,774.43
116	2,998.35	1,869.78	1,128.56	152,904.64
117	2,998.35	1,883.42	1,114.93	151,021.23
118	2,998.35	1,897.15	1,101.20	149,124.08
119	2,998.35	1,910.98	1,087.36	147,213.10
120	2,998.35	1,924.92	1,073.43	145,288.18
121	2,998.35	1,938.95	1,059.39	143,349.23
122	2,998.35	1,953.09	1,045.25	141,396.13
123	2,998.35	1,967.33	1,031.01	139,428.80
124	2,998.35	1,981.68	1,016.67	137,447.12
125	2,998.35	1,996.13	1,002.22	135,451.00
126	2,998.35	2,010.68	987.66	133,440.31
127	2,998.35	2,025.34	973.00	131,414.97
128	2,998.35	2,040.11	958.23	129,374.86
129	2,998.35	2,054.99	943.36	127,319.87
130	2,998.35	2,069.97	928.37	125,249.90
131	2,998.35	2,085.07	913.28	123,164.83
132	2,998.35	2,100.27	898.08	121,064.57
133	2,998.35	2,115.58	882.76	118,948.98
134	2,998.35	2,131.01	867.34	116,817.97
135	2,998.35	2,146.55	851.80	114,671.42
136	2,998.35	2,162.20	836.15	112,509.22
137	2,998.35	2,177.97	820.38	110,331.26
138	2,998.35	2,193.85	804.50	108,137.41
139	2,998.35	2,209.84	788.50	105,927.57
140	2,998.35	2,225.96	772.39	103,701.61
141	2,998.35	2,242.19	756.16	101,459.42
142	2,998.35	2,258.54	739.81	99,200.88
143	2,998.35	2,275.01	723.34	96,925.88
144	2,998.35	2,291.59	706.75	94,634.28
145	2,998.35	2,308.30	690.04	92,325.98
146	2,998.35	2,325.14	673.21	90,000.84
147	2,998.35	2,342.09	656.26	87,658.75
148	2,998.35	2,359.17	639.18	85,299.58
149	2,998.35	2,376.37	621.98	82,923.21
150	2,998.35	2,393.70	604.65	80,529.52
151	2,998.35	2,411.15	587.19	78,118.37
152	2,998.35	2,428.73	569.61	75,689.63
153	2,998.35	2,446.44	551.90	73,243.19
154	2,998.35	2,464.28	534.06	70,778.91
155	2,998.35	2,482.25	516.10	68,296.66
156	2,998.35	2,500.35	498.00	65,796.31
157	2,998.35	2,518.58	479.76	63,277.73
158	2,998.35	2,536.95	461.40	60,740.78
159	2,998.35	2,555.44	442.90	58,185.34
160	2,998.35	2,574.08	424.27	55,611.26
161	2,998.35	2,592.85	405.50	53,018.41
162	2,998.35	2,611.75	386.59	50,406.66
163	2,998.35	2,630.80	367.55	47,775.86
164	2,998.35	2,649.98	348.37	45,125.88
165	2,998.35	2,669.30	329.04	42,456.58
166	2,998.35	2,688.77	309.58	39,767.81
167	2,998.35	2,708.37	289.97	37,059.44
168	2,998.35	2,728.12	270.23	34,331.32
169	2,998.35	2,748.01	250.33	31,583.31
170	2,998.35	2,768.05	230.29	28,815.26
171	2,998.35	2,788.23	210.11	26,027.02
172	2,998.35	2,808.57	189.78	23,218.45
173	2,998.35	2,829.04	169.30	20,389.41
174	2,998.35	2,849.67	148.67	17,539.74
175	2,998.35	2,870.45	127.89	14,669.28
176	2,998.35	2,891.38	106.96	11,777.90
177	2,998.35	2,912.47	85.88	8,865.44
178	2,998.35	2,933.70	64.64	5,931.73
179	2,998.35	2,955.09	43.25	2,976.64
180	2,998.35	2,976.64	21.70	0.00