Mortgage Loan of $702,500 for 15 Years at 8.80%

What's the payment on a 15 year home loan for $702.5k at 8.80% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $7,041.89
$84,503 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $702.5k 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 702,500 loan for 15 years at 8.80 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 7,041.89 1,890.22 5,151.67 700,609.78
2 7,041.89 1,904.08 5,137.81 698,705.70
3 7,041.89 1,918.04 5,123.84 696,787.66
4 7,041.89 1,932.11 5,109.78 694,855.55
5 7,041.89 1,946.28 5,095.61 692,909.27
6 7,041.89 1,960.55 5,081.33 690,948.72
7 7,041.89 1,974.93 5,066.96 688,973.79
8 7,041.89 1,989.41 5,052.47 686,984.38
9 7,041.89 2,004.00 5,037.89 684,980.38
10 7,041.89 2,018.70 5,023.19 682,961.69
11 7,041.89 2,033.50 5,008.39 680,928.19
12 7,041.89 2,048.41 4,993.47 678,879.78
13 7,041.89 2,063.43 4,978.45 676,816.34
14 7,041.89 2,078.57 4,963.32 674,737.78
15 7,041.89 2,093.81 4,948.08 672,643.97
16 7,041.89 2,109.16 4,932.72 670,534.81
17 7,041.89 2,124.63 4,917.26 668,410.18
18 7,041.89 2,140.21 4,901.67 666,269.97
19 7,041.89 2,155.91 4,885.98 664,114.06
20 7,041.89 2,171.72 4,870.17 661,942.35
21 7,041.89 2,187.64 4,854.24 659,754.71
22 7,041.89 2,203.68 4,838.20 657,551.02
23 7,041.89 2,219.84 4,822.04 655,331.18
24 7,041.89 2,236.12 4,805.76 653,095.06
25 7,041.89 2,252.52 4,789.36 650,842.53
26 7,041.89 2,269.04 4,772.85 648,573.49
27 7,041.89 2,285.68 4,756.21 646,287.81
28 7,041.89 2,302.44 4,739.44 643,985.37
29 7,041.89 2,319.33 4,722.56 641,666.05
30 7,041.89 2,336.33 4,705.55 639,329.71
31 7,041.89 2,353.47 4,688.42 636,976.25
32 7,041.89 2,370.73 4,671.16 634,605.52
33 7,041.89 2,388.11 4,653.77 632,217.41
34 7,041.89 2,405.62 4,636.26 629,811.79
35 7,041.89 2,423.27 4,618.62 627,388.52
36 7,041.89 2,441.04 4,600.85 624,947.48
37 7,041.89 2,458.94 4,582.95 622,488.55
38 7,041.89 2,476.97 4,564.92 620,011.58
39 7,041.89 2,495.13 4,546.75 617,516.45
40 7,041.89 2,513.43 4,528.45 615,003.01
41 7,041.89 2,531.86 4,510.02 612,471.15
42 7,041.89 2,550.43 4,491.46 609,920.72
43 7,041.89 2,569.13 4,472.75 607,351.59
44 7,041.89 2,587.97 4,453.91 604,763.61
45 7,041.89 2,606.95 4,434.93 602,156.66
46 7,041.89 2,626.07 4,415.82 599,530.59
47 7,041.89 2,645.33 4,396.56 596,885.27
48 7,041.89 2,664.73 4,377.16 594,220.54
49 7,041.89 2,684.27 4,357.62 591,536.27
50 7,041.89 2,703.95 4,337.93 588,832.32
51 7,041.89 2,723.78 4,318.10 586,108.54
52 7,041.89 2,743.76 4,298.13 583,364.78
53 7,041.89 2,763.88 4,278.01 580,600.91
54 7,041.89 2,784.15 4,257.74 577,816.76
55 7,041.89 2,804.56 4,237.32 575,012.20
56 7,041.89 2,825.13 4,216.76 572,187.07
57 7,041.89 2,845.85 4,196.04 569,341.22
58 7,041.89 2,866.72 4,175.17 566,474.51
59 7,041.89 2,887.74 4,154.15 563,586.77
60 7,041.89 2,908.92 4,132.97 560,677.85
61 7,041.89 2,930.25 4,111.64 557,747.61
62 7,041.89 2,951.74 4,090.15 554,795.87
63 7,041.89 2,973.38 4,068.50 551,822.49
64 7,041.89 2,995.19 4,046.70 548,827.30
65 7,041.89 3,017.15 4,024.73 545,810.15
66 7,041.89 3,039.28 4,002.61 542,770.87
67 7,041.89 3,061.57 3,980.32 539,709.31
68 7,041.89 3,084.02 3,957.87 536,625.29
69 7,041.89 3,106.63 3,935.25 533,518.66
70 7,041.89 3,129.41 3,912.47 530,389.24
71 7,041.89 3,152.36 3,889.52 527,236.88
72 7,041.89 3,175.48 3,866.40 524,061.40
73 7,041.89 3,198.77 3,843.12 520,862.63
74 7,041.89 3,222.23 3,819.66 517,640.40
75 7,041.89 3,245.86 3,796.03 514,394.55
76 7,041.89 3,269.66 3,772.23 511,124.89
77 7,041.89 3,293.64 3,748.25 507,831.25
78 7,041.89 3,317.79 3,724.10 504,513.46
79 7,041.89 3,342.12 3,699.77 501,171.34
80 7,041.89 3,366.63 3,675.26 497,804.72
81 7,041.89 3,391.32 3,650.57 494,413.40
82 7,041.89 3,416.19 3,625.70 490,997.21
83 7,041.89 3,441.24 3,600.65 487,555.97
84 7,041.89 3,466.47 3,575.41 484,089.50
85 7,041.89 3,491.90 3,549.99 480,597.60
86 7,041.89 3,517.50 3,524.38 477,080.10
87 7,041.89 3,543.30 3,498.59 473,536.80
88 7,041.89 3,569.28 3,472.60 469,967.52
89 7,041.89 3,595.46 3,446.43 466,372.06
90 7,041.89 3,621.82 3,420.06 462,750.24
91 7,041.89 3,648.38 3,393.50 459,101.86
92 7,041.89 3,675.14 3,366.75 455,426.72
93 7,041.89 3,702.09 3,339.80 451,724.63
94 7,041.89 3,729.24 3,312.65 447,995.39
95 7,041.89 3,756.59 3,285.30 444,238.81
96 7,041.89 3,784.13 3,257.75 440,454.67
97 7,041.89 3,811.88 3,230.00 436,642.79
98 7,041.89 3,839.84 3,202.05 432,802.95
99 7,041.89 3,868.00 3,173.89 428,934.96
100 7,041.89 3,896.36 3,145.52 425,038.59
101 7,041.89 3,924.94 3,116.95 421,113.66
102 7,041.89 3,953.72 3,088.17 417,159.94
103 7,041.89 3,982.71 3,059.17 413,177.23
104 7,041.89 4,011.92 3,029.97 409,165.31
105 7,041.89 4,041.34 3,000.55 405,123.97
106 7,041.89 4,070.98 2,970.91 401,052.99
107 7,041.89 4,100.83 2,941.06 396,952.16
108 7,041.89 4,130.90 2,910.98 392,821.26
109 7,041.89 4,161.20 2,880.69 388,660.07
110 7,041.89 4,191.71 2,850.17 384,468.35
111 7,041.89 4,222.45 2,819.43 380,245.90
112 7,041.89 4,253.42 2,788.47 375,992.49
113 7,041.89 4,284.61 2,757.28 371,707.88
114 7,041.89 4,316.03 2,725.86 367,391.85
115 7,041.89 4,347.68 2,694.21 363,044.18
116 7,041.89 4,379.56 2,662.32 358,664.62
117 7,041.89 4,411.68 2,630.21 354,252.94
118 7,041.89 4,444.03 2,597.85 349,808.91
119 7,041.89 4,476.62 2,565.27 345,332.29
120 7,041.89 4,509.45 2,532.44 340,822.84
121 7,041.89 4,542.52 2,499.37 336,280.32
122 7,041.89 4,575.83 2,466.06 331,704.49
123 7,041.89 4,609.39 2,432.50 327,095.11
124 7,041.89 4,643.19 2,398.70 322,451.92
125 7,041.89 4,677.24 2,364.65 317,774.68
126 7,041.89 4,711.54 2,330.35 313,063.14
127 7,041.89 4,746.09 2,295.80 308,317.06
128 7,041.89 4,780.89 2,260.99 303,536.16
129 7,041.89 4,815.95 2,225.93 298,720.21
130 7,041.89 4,851.27 2,190.61 293,868.94
131 7,041.89 4,886.85 2,155.04 288,982.09
132 7,041.89 4,922.68 2,119.20 284,059.41
133 7,041.89 4,958.78 2,083.10 279,100.63
134 7,041.89 4,995.15 2,046.74 274,105.48
135 7,041.89 5,031.78 2,010.11 269,073.70
136 7,041.89 5,068.68 1,973.21 264,005.02
137 7,041.89 5,105.85 1,936.04 258,899.18
138 7,041.89 5,143.29 1,898.59 253,755.88
139 7,041.89 5,181.01 1,860.88 248,574.88
140 7,041.89 5,219.00 1,822.88 243,355.87
141 7,041.89 5,257.28 1,784.61 238,098.60
142 7,041.89 5,295.83 1,746.06 232,802.77
143 7,041.89 5,334.66 1,707.22 227,468.11
144 7,041.89 5,373.79 1,668.10 222,094.32
145 7,041.89 5,413.19 1,628.69 216,681.13
146 7,041.89 5,452.89 1,588.99 211,228.24
147 7,041.89 5,492.88 1,549.01 205,735.36
148 7,041.89 5,533.16 1,508.73 200,202.20
149 7,041.89 5,573.74 1,468.15 194,628.46
150 7,041.89 5,614.61 1,427.28 189,013.85
151 7,041.89 5,655.78 1,386.10 183,358.07
152 7,041.89 5,697.26 1,344.63 177,660.81
153 7,041.89 5,739.04 1,302.85 171,921.77
154 7,041.89 5,781.13 1,260.76 166,140.65
155 7,041.89 5,823.52 1,218.36 160,317.13
156 7,041.89 5,866.23 1,175.66 154,450.90
157 7,041.89 5,909.25 1,132.64 148,541.66
158 7,041.89 5,952.58 1,089.31 142,589.08
159 7,041.89 5,996.23 1,045.65 136,592.84
160 7,041.89 6,040.20 1,001.68 130,552.64
161 7,041.89 6,084.50 957.39 124,468.14
162 7,041.89 6,129.12 912.77 118,339.02
163 7,041.89 6,174.07 867.82 112,164.96
164 7,041.89 6,219.34 822.54 105,945.61
165 7,041.89 6,264.95 776.93 99,680.66
166 7,041.89 6,310.89 730.99 93,369.77
167 7,041.89 6,357.17 684.71 87,012.60
168 7,041.89 6,403.79 638.09 80,608.80
169 7,041.89 6,450.75 591.13 74,158.05
170 7,041.89 6,498.06 543.83 67,659.99
171 7,041.89 6,545.71 496.17 61,114.28
172 7,041.89 6,593.71 448.17 54,520.57
173 7,041.89 6,642.07 399.82 47,878.50
174 7,041.89 6,690.78 351.11 41,187.72
175 7,041.89 6,739.84 302.04 34,447.88
176 7,041.89 6,789.27 252.62 27,658.61
177 7,041.89 6,839.06 202.83 20,819.56
178 7,041.89 6,889.21 152.68 13,930.35
179 7,041.89 6,939.73 102.16 6,990.62
180 7,041.89 6,990.62 51.26 0.00