Mortgage Loan of $5,500 for 15 Years at 6.20%
What's the payment on a 15 year home loan for $5.5k at 6.20% interest?
Results
Monthly payment: $47.01
$564 per year
What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $5.5k 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 5,500 loan for 15 years at 6.20 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 | 47.01 | 18.59 | 28.42 | 5,481.41 |
2 | 47.01 | 18.69 | 28.32 | 5,462.72 |
3 | 47.01 | 18.78 | 28.22 | 5,443.94 |
4 | 47.01 | 18.88 | 28.13 | 5,425.05 |
5 | 47.01 | 18.98 | 28.03 | 5,406.08 |
6 | 47.01 | 19.08 | 27.93 | 5,387.00 |
7 | 47.01 | 19.18 | 27.83 | 5,367.82 |
8 | 47.01 | 19.27 | 27.73 | 5,348.55 |
9 | 47.01 | 19.37 | 27.63 | 5,329.17 |
10 | 47.01 | 19.47 | 27.53 | 5,309.70 |
11 | 47.01 | 19.58 | 27.43 | 5,290.12 |
12 | 47.01 | 19.68 | 27.33 | 5,270.45 |
13 | 47.01 | 19.78 | 27.23 | 5,250.67 |
14 | 47.01 | 19.88 | 27.13 | 5,230.79 |
15 | 47.01 | 19.98 | 27.03 | 5,210.81 |
16 | 47.01 | 20.09 | 26.92 | 5,190.72 |
17 | 47.01 | 20.19 | 26.82 | 5,170.53 |
18 | 47.01 | 20.29 | 26.71 | 5,150.24 |
19 | 47.01 | 20.40 | 26.61 | 5,129.84 |
20 | 47.01 | 20.50 | 26.50 | 5,109.33 |
21 | 47.01 | 20.61 | 26.40 | 5,088.72 |
22 | 47.01 | 20.72 | 26.29 | 5,068.01 |
23 | 47.01 | 20.82 | 26.18 | 5,047.18 |
24 | 47.01 | 20.93 | 26.08 | 5,026.25 |
25 | 47.01 | 21.04 | 25.97 | 5,005.21 |
26 | 47.01 | 21.15 | 25.86 | 4,984.06 |
27 | 47.01 | 21.26 | 25.75 | 4,962.81 |
28 | 47.01 | 21.37 | 25.64 | 4,941.44 |
29 | 47.01 | 21.48 | 25.53 | 4,919.96 |
30 | 47.01 | 21.59 | 25.42 | 4,898.37 |
31 | 47.01 | 21.70 | 25.31 | 4,876.67 |
32 | 47.01 | 21.81 | 25.20 | 4,854.86 |
33 | 47.01 | 21.93 | 25.08 | 4,832.93 |
34 | 47.01 | 22.04 | 24.97 | 4,810.90 |
35 | 47.01 | 22.15 | 24.86 | 4,788.74 |
36 | 47.01 | 22.27 | 24.74 | 4,766.48 |
37 | 47.01 | 22.38 | 24.63 | 4,744.10 |
38 | 47.01 | 22.50 | 24.51 | 4,721.60 |
39 | 47.01 | 22.61 | 24.39 | 4,698.98 |
40 | 47.01 | 22.73 | 24.28 | 4,676.25 |
41 | 47.01 | 22.85 | 24.16 | 4,653.41 |
42 | 47.01 | 22.97 | 24.04 | 4,630.44 |
43 | 47.01 | 23.08 | 23.92 | 4,607.36 |
44 | 47.01 | 23.20 | 23.80 | 4,584.15 |
45 | 47.01 | 23.32 | 23.68 | 4,560.83 |
46 | 47.01 | 23.44 | 23.56 | 4,537.38 |
47 | 47.01 | 23.57 | 23.44 | 4,513.82 |
48 | 47.01 | 23.69 | 23.32 | 4,490.13 |
49 | 47.01 | 23.81 | 23.20 | 4,466.32 |
50 | 47.01 | 23.93 | 23.08 | 4,442.39 |
51 | 47.01 | 24.06 | 22.95 | 4,418.33 |
52 | 47.01 | 24.18 | 22.83 | 4,394.15 |
53 | 47.01 | 24.31 | 22.70 | 4,369.85 |
54 | 47.01 | 24.43 | 22.58 | 4,345.42 |
55 | 47.01 | 24.56 | 22.45 | 4,320.86 |
56 | 47.01 | 24.68 | 22.32 | 4,296.18 |
57 | 47.01 | 24.81 | 22.20 | 4,271.36 |
58 | 47.01 | 24.94 | 22.07 | 4,246.42 |
59 | 47.01 | 25.07 | 21.94 | 4,221.36 |
60 | 47.01 | 25.20 | 21.81 | 4,196.16 |
61 | 47.01 | 25.33 | 21.68 | 4,170.83 |
62 | 47.01 | 25.46 | 21.55 | 4,145.37 |
63 | 47.01 | 25.59 | 21.42 | 4,119.78 |
64 | 47.01 | 25.72 | 21.29 | 4,094.06 |
65 | 47.01 | 25.86 | 21.15 | 4,068.20 |
66 | 47.01 | 25.99 | 21.02 | 4,042.21 |
67 | 47.01 | 26.12 | 20.88 | 4,016.09 |
68 | 47.01 | 26.26 | 20.75 | 3,989.83 |
69 | 47.01 | 26.39 | 20.61 | 3,963.43 |
70 | 47.01 | 26.53 | 20.48 | 3,936.90 |
71 | 47.01 | 26.67 | 20.34 | 3,910.24 |
72 | 47.01 | 26.81 | 20.20 | 3,883.43 |
73 | 47.01 | 26.94 | 20.06 | 3,856.49 |
74 | 47.01 | 27.08 | 19.93 | 3,829.40 |
75 | 47.01 | 27.22 | 19.79 | 3,802.18 |
76 | 47.01 | 27.36 | 19.64 | 3,774.81 |
77 | 47.01 | 27.51 | 19.50 | 3,747.31 |
78 | 47.01 | 27.65 | 19.36 | 3,719.66 |
79 | 47.01 | 27.79 | 19.22 | 3,691.87 |
80 | 47.01 | 27.93 | 19.07 | 3,663.94 |
81 | 47.01 | 28.08 | 18.93 | 3,635.86 |
82 | 47.01 | 28.22 | 18.79 | 3,607.64 |
83 | 47.01 | 28.37 | 18.64 | 3,579.27 |
84 | 47.01 | 28.52 | 18.49 | 3,550.75 |
85 | 47.01 | 28.66 | 18.35 | 3,522.09 |
86 | 47.01 | 28.81 | 18.20 | 3,493.28 |
87 | 47.01 | 28.96 | 18.05 | 3,464.32 |
88 | 47.01 | 29.11 | 17.90 | 3,435.21 |
89 | 47.01 | 29.26 | 17.75 | 3,405.95 |
90 | 47.01 | 29.41 | 17.60 | 3,376.54 |
91 | 47.01 | 29.56 | 17.45 | 3,346.97 |
92 | 47.01 | 29.72 | 17.29 | 3,317.26 |
93 | 47.01 | 29.87 | 17.14 | 3,287.39 |
94 | 47.01 | 30.02 | 16.98 | 3,257.37 |
95 | 47.01 | 30.18 | 16.83 | 3,227.19 |
96 | 47.01 | 30.33 | 16.67 | 3,196.85 |
97 | 47.01 | 30.49 | 16.52 | 3,166.36 |
98 | 47.01 | 30.65 | 16.36 | 3,135.71 |
99 | 47.01 | 30.81 | 16.20 | 3,104.90 |
100 | 47.01 | 30.97 | 16.04 | 3,073.94 |
101 | 47.01 | 31.13 | 15.88 | 3,042.81 |
102 | 47.01 | 31.29 | 15.72 | 3,011.52 |
103 | 47.01 | 31.45 | 15.56 | 2,980.08 |
104 | 47.01 | 31.61 | 15.40 | 2,948.46 |
105 | 47.01 | 31.77 | 15.23 | 2,916.69 |
106 | 47.01 | 31.94 | 15.07 | 2,884.75 |
107 | 47.01 | 32.10 | 14.90 | 2,852.65 |
108 | 47.01 | 32.27 | 14.74 | 2,820.38 |
109 | 47.01 | 32.44 | 14.57 | 2,787.94 |
110 | 47.01 | 32.60 | 14.40 | 2,755.34 |
111 | 47.01 | 32.77 | 14.24 | 2,722.56 |
112 | 47.01 | 32.94 | 14.07 | 2,689.62 |
113 | 47.01 | 33.11 | 13.90 | 2,656.51 |
114 | 47.01 | 33.28 | 13.73 | 2,623.23 |
115 | 47.01 | 33.46 | 13.55 | 2,589.77 |
116 | 47.01 | 33.63 | 13.38 | 2,556.14 |
117 | 47.01 | 33.80 | 13.21 | 2,522.34 |
118 | 47.01 | 33.98 | 13.03 | 2,488.36 |
119 | 47.01 | 34.15 | 12.86 | 2,454.21 |
120 | 47.01 | 34.33 | 12.68 | 2,419.88 |
121 | 47.01 | 34.51 | 12.50 | 2,385.38 |
122 | 47.01 | 34.68 | 12.32 | 2,350.69 |
123 | 47.01 | 34.86 | 12.15 | 2,315.83 |
124 | 47.01 | 35.04 | 11.97 | 2,280.79 |
125 | 47.01 | 35.22 | 11.78 | 2,245.56 |
126 | 47.01 | 35.41 | 11.60 | 2,210.16 |
127 | 47.01 | 35.59 | 11.42 | 2,174.57 |
128 | 47.01 | 35.77 | 11.24 | 2,138.79 |
129 | 47.01 | 35.96 | 11.05 | 2,102.84 |
130 | 47.01 | 36.14 | 10.86 | 2,066.69 |
131 | 47.01 | 36.33 | 10.68 | 2,030.36 |
132 | 47.01 | 36.52 | 10.49 | 1,993.84 |
133 | 47.01 | 36.71 | 10.30 | 1,957.14 |
134 | 47.01 | 36.90 | 10.11 | 1,920.24 |
135 | 47.01 | 37.09 | 9.92 | 1,883.15 |
136 | 47.01 | 37.28 | 9.73 | 1,845.87 |
137 | 47.01 | 37.47 | 9.54 | 1,808.40 |
138 | 47.01 | 37.67 | 9.34 | 1,770.74 |
139 | 47.01 | 37.86 | 9.15 | 1,732.88 |
140 | 47.01 | 38.06 | 8.95 | 1,694.82 |
141 | 47.01 | 38.25 | 8.76 | 1,656.57 |
142 | 47.01 | 38.45 | 8.56 | 1,618.12 |
143 | 47.01 | 38.65 | 8.36 | 1,579.47 |
144 | 47.01 | 38.85 | 8.16 | 1,540.62 |
145 | 47.01 | 39.05 | 7.96 | 1,501.58 |
146 | 47.01 | 39.25 | 7.76 | 1,462.33 |
147 | 47.01 | 39.45 | 7.56 | 1,422.87 |
148 | 47.01 | 39.66 | 7.35 | 1,383.21 |
149 | 47.01 | 39.86 | 7.15 | 1,343.35 |
150 | 47.01 | 40.07 | 6.94 | 1,303.29 |
151 | 47.01 | 40.27 | 6.73 | 1,263.01 |
152 | 47.01 | 40.48 | 6.53 | 1,222.53 |
153 | 47.01 | 40.69 | 6.32 | 1,181.84 |
154 | 47.01 | 40.90 | 6.11 | 1,140.93 |
155 | 47.01 | 41.11 | 5.89 | 1,099.82 |
156 | 47.01 | 41.33 | 5.68 | 1,058.49 |
157 | 47.01 | 41.54 | 5.47 | 1,016.95 |
158 | 47.01 | 41.75 | 5.25 | 975.20 |
159 | 47.01 | 41.97 | 5.04 | 933.23 |
160 | 47.01 | 42.19 | 4.82 | 891.04 |
161 | 47.01 | 42.40 | 4.60 | 848.64 |
162 | 47.01 | 42.62 | 4.38 | 806.01 |
163 | 47.01 | 42.84 | 4.16 | 763.17 |
164 | 47.01 | 43.07 | 3.94 | 720.10 |
165 | 47.01 | 43.29 | 3.72 | 676.82 |
166 | 47.01 | 43.51 | 3.50 | 633.30 |
167 | 47.01 | 43.74 | 3.27 | 589.57 |
168 | 47.01 | 43.96 | 3.05 | 545.61 |
169 | 47.01 | 44.19 | 2.82 | 501.42 |
170 | 47.01 | 44.42 | 2.59 | 457.00 |
171 | 47.01 | 44.65 | 2.36 | 412.35 |
172 | 47.01 | 44.88 | 2.13 | 367.47 |
173 | 47.01 | 45.11 | 1.90 | 322.36 |
174 | 47.01 | 45.34 | 1.67 | 277.02 |
175 | 47.01 | 45.58 | 1.43 | 231.44 |
176 | 47.01 | 45.81 | 1.20 | 185.63 |
177 | 47.01 | 46.05 | 0.96 | 139.58 |
178 | 47.01 | 46.29 | 0.72 | 93.29 |
179 | 47.01 | 46.53 | 0.48 | 46.77 |
180 | 47.01 | 46.77 | 0.24 | 0.00 |