Mortgage Loan of $5,500 for 15 Years at 8.90%
What's the payment on a 15 year home loan for $5.5k at 8.90% interest?
Results
Monthly payment: $55.46
$665 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 8.90 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 | 55.46 | 14.67 | 40.79 | 5,485.33 |
2 | 55.46 | 14.78 | 40.68 | 5,470.56 |
3 | 55.46 | 14.88 | 40.57 | 5,455.67 |
4 | 55.46 | 15.00 | 40.46 | 5,440.68 |
5 | 55.46 | 15.11 | 40.35 | 5,425.57 |
6 | 55.46 | 15.22 | 40.24 | 5,410.35 |
7 | 55.46 | 15.33 | 40.13 | 5,395.02 |
8 | 55.46 | 15.44 | 40.01 | 5,379.58 |
9 | 55.46 | 15.56 | 39.90 | 5,364.02 |
10 | 55.46 | 15.67 | 39.78 | 5,348.34 |
11 | 55.46 | 15.79 | 39.67 | 5,332.55 |
12 | 55.46 | 15.91 | 39.55 | 5,316.64 |
13 | 55.46 | 16.03 | 39.43 | 5,300.62 |
14 | 55.46 | 16.15 | 39.31 | 5,284.47 |
15 | 55.46 | 16.26 | 39.19 | 5,268.21 |
16 | 55.46 | 16.39 | 39.07 | 5,251.82 |
17 | 55.46 | 16.51 | 38.95 | 5,235.32 |
18 | 55.46 | 16.63 | 38.83 | 5,218.69 |
19 | 55.46 | 16.75 | 38.71 | 5,201.93 |
20 | 55.46 | 16.88 | 38.58 | 5,185.06 |
21 | 55.46 | 17.00 | 38.46 | 5,168.06 |
22 | 55.46 | 17.13 | 38.33 | 5,150.93 |
23 | 55.46 | 17.26 | 38.20 | 5,133.67 |
24 | 55.46 | 17.38 | 38.07 | 5,116.29 |
25 | 55.46 | 17.51 | 37.95 | 5,098.78 |
26 | 55.46 | 17.64 | 37.82 | 5,081.13 |
27 | 55.46 | 17.77 | 37.69 | 5,063.36 |
28 | 55.46 | 17.90 | 37.55 | 5,045.46 |
29 | 55.46 | 18.04 | 37.42 | 5,027.42 |
30 | 55.46 | 18.17 | 37.29 | 5,009.25 |
31 | 55.46 | 18.31 | 37.15 | 4,990.94 |
32 | 55.46 | 18.44 | 37.02 | 4,972.50 |
33 | 55.46 | 18.58 | 36.88 | 4,953.92 |
34 | 55.46 | 18.72 | 36.74 | 4,935.21 |
35 | 55.46 | 18.86 | 36.60 | 4,916.35 |
36 | 55.46 | 19.00 | 36.46 | 4,897.36 |
37 | 55.46 | 19.14 | 36.32 | 4,878.22 |
38 | 55.46 | 19.28 | 36.18 | 4,858.94 |
39 | 55.46 | 19.42 | 36.04 | 4,839.52 |
40 | 55.46 | 19.56 | 35.89 | 4,819.96 |
41 | 55.46 | 19.71 | 35.75 | 4,800.25 |
42 | 55.46 | 19.86 | 35.60 | 4,780.39 |
43 | 55.46 | 20.00 | 35.45 | 4,760.39 |
44 | 55.46 | 20.15 | 35.31 | 4,740.23 |
45 | 55.46 | 20.30 | 35.16 | 4,719.93 |
46 | 55.46 | 20.45 | 35.01 | 4,699.48 |
47 | 55.46 | 20.60 | 34.85 | 4,678.88 |
48 | 55.46 | 20.76 | 34.70 | 4,658.12 |
49 | 55.46 | 20.91 | 34.55 | 4,637.21 |
50 | 55.46 | 21.07 | 34.39 | 4,616.15 |
51 | 55.46 | 21.22 | 34.24 | 4,594.93 |
52 | 55.46 | 21.38 | 34.08 | 4,573.55 |
53 | 55.46 | 21.54 | 33.92 | 4,552.01 |
54 | 55.46 | 21.70 | 33.76 | 4,530.31 |
55 | 55.46 | 21.86 | 33.60 | 4,508.45 |
56 | 55.46 | 22.02 | 33.44 | 4,486.43 |
57 | 55.46 | 22.18 | 33.27 | 4,464.25 |
58 | 55.46 | 22.35 | 33.11 | 4,441.90 |
59 | 55.46 | 22.51 | 32.94 | 4,419.39 |
60 | 55.46 | 22.68 | 32.78 | 4,396.71 |
61 | 55.46 | 22.85 | 32.61 | 4,373.86 |
62 | 55.46 | 23.02 | 32.44 | 4,350.84 |
63 | 55.46 | 23.19 | 32.27 | 4,327.65 |
64 | 55.46 | 23.36 | 32.10 | 4,304.29 |
65 | 55.46 | 23.53 | 31.92 | 4,280.75 |
66 | 55.46 | 23.71 | 31.75 | 4,257.05 |
67 | 55.46 | 23.88 | 31.57 | 4,233.16 |
68 | 55.46 | 24.06 | 31.40 | 4,209.10 |
69 | 55.46 | 24.24 | 31.22 | 4,184.86 |
70 | 55.46 | 24.42 | 31.04 | 4,160.44 |
71 | 55.46 | 24.60 | 30.86 | 4,135.84 |
72 | 55.46 | 24.78 | 30.67 | 4,111.05 |
73 | 55.46 | 24.97 | 30.49 | 4,086.08 |
74 | 55.46 | 25.15 | 30.31 | 4,060.93 |
75 | 55.46 | 25.34 | 30.12 | 4,035.59 |
76 | 55.46 | 25.53 | 29.93 | 4,010.07 |
77 | 55.46 | 25.72 | 29.74 | 3,984.35 |
78 | 55.46 | 25.91 | 29.55 | 3,958.44 |
79 | 55.46 | 26.10 | 29.36 | 3,932.34 |
80 | 55.46 | 26.29 | 29.16 | 3,906.05 |
81 | 55.46 | 26.49 | 28.97 | 3,879.56 |
82 | 55.46 | 26.68 | 28.77 | 3,852.88 |
83 | 55.46 | 26.88 | 28.58 | 3,825.99 |
84 | 55.46 | 27.08 | 28.38 | 3,798.91 |
85 | 55.46 | 27.28 | 28.18 | 3,771.63 |
86 | 55.46 | 27.49 | 27.97 | 3,744.14 |
87 | 55.46 | 27.69 | 27.77 | 3,716.46 |
88 | 55.46 | 27.89 | 27.56 | 3,688.56 |
89 | 55.46 | 28.10 | 27.36 | 3,660.46 |
90 | 55.46 | 28.31 | 27.15 | 3,632.15 |
91 | 55.46 | 28.52 | 26.94 | 3,603.63 |
92 | 55.46 | 28.73 | 26.73 | 3,574.90 |
93 | 55.46 | 28.94 | 26.51 | 3,545.96 |
94 | 55.46 | 29.16 | 26.30 | 3,516.80 |
95 | 55.46 | 29.38 | 26.08 | 3,487.42 |
96 | 55.46 | 29.59 | 25.87 | 3,457.83 |
97 | 55.46 | 29.81 | 25.65 | 3,428.02 |
98 | 55.46 | 30.03 | 25.42 | 3,397.98 |
99 | 55.46 | 30.26 | 25.20 | 3,367.73 |
100 | 55.46 | 30.48 | 24.98 | 3,337.25 |
101 | 55.46 | 30.71 | 24.75 | 3,306.54 |
102 | 55.46 | 30.93 | 24.52 | 3,275.60 |
103 | 55.46 | 31.16 | 24.29 | 3,244.44 |
104 | 55.46 | 31.40 | 24.06 | 3,213.05 |
105 | 55.46 | 31.63 | 23.83 | 3,181.42 |
106 | 55.46 | 31.86 | 23.60 | 3,149.56 |
107 | 55.46 | 32.10 | 23.36 | 3,117.46 |
108 | 55.46 | 32.34 | 23.12 | 3,085.12 |
109 | 55.46 | 32.58 | 22.88 | 3,052.54 |
110 | 55.46 | 32.82 | 22.64 | 3,019.73 |
111 | 55.46 | 33.06 | 22.40 | 2,986.66 |
112 | 55.46 | 33.31 | 22.15 | 2,953.36 |
113 | 55.46 | 33.55 | 21.90 | 2,919.80 |
114 | 55.46 | 33.80 | 21.66 | 2,886.00 |
115 | 55.46 | 34.05 | 21.40 | 2,851.95 |
116 | 55.46 | 34.31 | 21.15 | 2,817.64 |
117 | 55.46 | 34.56 | 20.90 | 2,783.08 |
118 | 55.46 | 34.82 | 20.64 | 2,748.26 |
119 | 55.46 | 35.08 | 20.38 | 2,713.19 |
120 | 55.46 | 35.34 | 20.12 | 2,677.85 |
121 | 55.46 | 35.60 | 19.86 | 2,642.26 |
122 | 55.46 | 35.86 | 19.60 | 2,606.39 |
123 | 55.46 | 36.13 | 19.33 | 2,570.27 |
124 | 55.46 | 36.40 | 19.06 | 2,533.87 |
125 | 55.46 | 36.67 | 18.79 | 2,497.21 |
126 | 55.46 | 36.94 | 18.52 | 2,460.27 |
127 | 55.46 | 37.21 | 18.25 | 2,423.06 |
128 | 55.46 | 37.49 | 17.97 | 2,385.57 |
129 | 55.46 | 37.76 | 17.69 | 2,347.81 |
130 | 55.46 | 38.05 | 17.41 | 2,309.76 |
131 | 55.46 | 38.33 | 17.13 | 2,271.44 |
132 | 55.46 | 38.61 | 16.85 | 2,232.82 |
133 | 55.46 | 38.90 | 16.56 | 2,193.93 |
134 | 55.46 | 39.19 | 16.27 | 2,154.74 |
135 | 55.46 | 39.48 | 15.98 | 2,115.26 |
136 | 55.46 | 39.77 | 15.69 | 2,075.49 |
137 | 55.46 | 40.06 | 15.39 | 2,035.43 |
138 | 55.46 | 40.36 | 15.10 | 1,995.07 |
139 | 55.46 | 40.66 | 14.80 | 1,954.41 |
140 | 55.46 | 40.96 | 14.50 | 1,913.44 |
141 | 55.46 | 41.27 | 14.19 | 1,872.18 |
142 | 55.46 | 41.57 | 13.89 | 1,830.60 |
143 | 55.46 | 41.88 | 13.58 | 1,788.72 |
144 | 55.46 | 42.19 | 13.27 | 1,746.53 |
145 | 55.46 | 42.50 | 12.95 | 1,704.03 |
146 | 55.46 | 42.82 | 12.64 | 1,661.21 |
147 | 55.46 | 43.14 | 12.32 | 1,618.07 |
148 | 55.46 | 43.46 | 12.00 | 1,574.61 |
149 | 55.46 | 43.78 | 11.68 | 1,530.83 |
150 | 55.46 | 44.10 | 11.35 | 1,486.73 |
151 | 55.46 | 44.43 | 11.03 | 1,442.30 |
152 | 55.46 | 44.76 | 10.70 | 1,397.54 |
153 | 55.46 | 45.09 | 10.37 | 1,352.44 |
154 | 55.46 | 45.43 | 10.03 | 1,307.02 |
155 | 55.46 | 45.76 | 9.69 | 1,261.25 |
156 | 55.46 | 46.10 | 9.35 | 1,215.15 |
157 | 55.46 | 46.45 | 9.01 | 1,168.70 |
158 | 55.46 | 46.79 | 8.67 | 1,121.91 |
159 | 55.46 | 47.14 | 8.32 | 1,074.77 |
160 | 55.46 | 47.49 | 7.97 | 1,027.29 |
161 | 55.46 | 47.84 | 7.62 | 979.45 |
162 | 55.46 | 48.19 | 7.26 | 931.26 |
163 | 55.46 | 48.55 | 6.91 | 882.70 |
164 | 55.46 | 48.91 | 6.55 | 833.79 |
165 | 55.46 | 49.27 | 6.18 | 784.52 |
166 | 55.46 | 49.64 | 5.82 | 734.88 |
167 | 55.46 | 50.01 | 5.45 | 684.87 |
168 | 55.46 | 50.38 | 5.08 | 634.49 |
169 | 55.46 | 50.75 | 4.71 | 583.74 |
170 | 55.46 | 51.13 | 4.33 | 532.61 |
171 | 55.46 | 51.51 | 3.95 | 481.10 |
172 | 55.46 | 51.89 | 3.57 | 429.22 |
173 | 55.46 | 52.27 | 3.18 | 376.94 |
174 | 55.46 | 52.66 | 2.80 | 324.28 |
175 | 55.46 | 53.05 | 2.41 | 271.23 |
176 | 55.46 | 53.45 | 2.01 | 217.78 |
177 | 55.46 | 53.84 | 1.62 | 163.94 |
178 | 55.46 | 54.24 | 1.22 | 109.69 |
179 | 55.46 | 54.64 | 0.81 | 55.05 |
180 | 55.46 | 55.05 | 0.41 | 0.00 |