Mortgage Loan of $7,200 for 15 Years at 2.625%

What's the payment on a 15 year home loan for $7.2k at 2.625% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $48.43
$581 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $7.2k 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 7,200 loan for 15 years at 2.625 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 48.43 32.68 15.75 7,167.32
2 48.43 32.76 15.68 7,134.56
3 48.43 32.83 15.61 7,101.73
4 48.43 32.90 15.54 7,068.84
5 48.43 32.97 15.46 7,035.87
6 48.43 33.04 15.39 7,002.82
7 48.43 33.11 15.32 6,969.71
8 48.43 33.19 15.25 6,936.52
9 48.43 33.26 15.17 6,903.26
10 48.43 33.33 15.10 6,869.93
11 48.43 33.41 15.03 6,836.52
12 48.43 33.48 14.95 6,803.04
13 48.43 33.55 14.88 6,769.49
14 48.43 33.63 14.81 6,735.87
15 48.43 33.70 14.73 6,702.17
16 48.43 33.77 14.66 6,668.39
17 48.43 33.85 14.59 6,634.55
18 48.43 33.92 14.51 6,600.63
19 48.43 33.99 14.44 6,566.63
20 48.43 34.07 14.36 6,532.56
21 48.43 34.14 14.29 6,498.42
22 48.43 34.22 14.22 6,464.20
23 48.43 34.29 14.14 6,429.91
24 48.43 34.37 14.07 6,395.54
25 48.43 34.44 13.99 6,361.10
26 48.43 34.52 13.91 6,326.58
27 48.43 34.59 13.84 6,291.98
28 48.43 34.67 13.76 6,257.31
29 48.43 34.75 13.69 6,222.57
30 48.43 34.82 13.61 6,187.75
31 48.43 34.90 13.54 6,152.85
32 48.43 34.97 13.46 6,117.87
33 48.43 35.05 13.38 6,082.82
34 48.43 35.13 13.31 6,047.70
35 48.43 35.20 13.23 6,012.49
36 48.43 35.28 13.15 5,977.21
37 48.43 35.36 13.08 5,941.85
38 48.43 35.44 13.00 5,906.42
39 48.43 35.51 12.92 5,870.90
40 48.43 35.59 12.84 5,835.31
41 48.43 35.67 12.76 5,799.64
42 48.43 35.75 12.69 5,763.90
43 48.43 35.83 12.61 5,728.07
44 48.43 35.90 12.53 5,692.17
45 48.43 35.98 12.45 5,656.18
46 48.43 36.06 12.37 5,620.12
47 48.43 36.14 12.29 5,583.98
48 48.43 36.22 12.21 5,547.77
49 48.43 36.30 12.14 5,511.47
50 48.43 36.38 12.06 5,475.09
51 48.43 36.46 11.98 5,438.63
52 48.43 36.54 11.90 5,402.10
53 48.43 36.62 11.82 5,365.48
54 48.43 36.70 11.74 5,328.78
55 48.43 36.78 11.66 5,292.01
56 48.43 36.86 11.58 5,255.15
57 48.43 36.94 11.50 5,218.21
58 48.43 37.02 11.41 5,181.19
59 48.43 37.10 11.33 5,144.09
60 48.43 37.18 11.25 5,106.91
61 48.43 37.26 11.17 5,069.65
62 48.43 37.34 11.09 5,032.31
63 48.43 37.43 11.01 4,994.88
64 48.43 37.51 10.93 4,957.37
65 48.43 37.59 10.84 4,919.78
66 48.43 37.67 10.76 4,882.11
67 48.43 37.75 10.68 4,844.36
68 48.43 37.84 10.60 4,806.52
69 48.43 37.92 10.51 4,768.60
70 48.43 38.00 10.43 4,730.60
71 48.43 38.09 10.35 4,692.51
72 48.43 38.17 10.26 4,654.35
73 48.43 38.25 10.18 4,616.09
74 48.43 38.34 10.10 4,577.76
75 48.43 38.42 10.01 4,539.34
76 48.43 38.50 9.93 4,500.83
77 48.43 38.59 9.85 4,462.25
78 48.43 38.67 9.76 4,423.57
79 48.43 38.76 9.68 4,384.82
80 48.43 38.84 9.59 4,345.97
81 48.43 38.93 9.51 4,307.05
82 48.43 39.01 9.42 4,268.04
83 48.43 39.10 9.34 4,228.94
84 48.43 39.18 9.25 4,189.76
85 48.43 39.27 9.17 4,150.49
86 48.43 39.35 9.08 4,111.13
87 48.43 39.44 8.99 4,071.69
88 48.43 39.53 8.91 4,032.16
89 48.43 39.61 8.82 3,992.55
90 48.43 39.70 8.73 3,952.85
91 48.43 39.79 8.65 3,913.06
92 48.43 39.87 8.56 3,873.19
93 48.43 39.96 8.47 3,833.23
94 48.43 40.05 8.39 3,793.18
95 48.43 40.14 8.30 3,753.05
96 48.43 40.22 8.21 3,712.82
97 48.43 40.31 8.12 3,672.51
98 48.43 40.40 8.03 3,632.11
99 48.43 40.49 7.95 3,591.62
100 48.43 40.58 7.86 3,551.04
101 48.43 40.67 7.77 3,510.38
102 48.43 40.75 7.68 3,469.62
103 48.43 40.84 7.59 3,428.78
104 48.43 40.93 7.50 3,387.85
105 48.43 41.02 7.41 3,346.82
106 48.43 41.11 7.32 3,305.71
107 48.43 41.20 7.23 3,264.51
108 48.43 41.29 7.14 3,223.22
109 48.43 41.38 7.05 3,181.83
110 48.43 41.47 6.96 3,140.36
111 48.43 41.56 6.87 3,098.80
112 48.43 41.66 6.78 3,057.14
113 48.43 41.75 6.69 3,015.40
114 48.43 41.84 6.60 2,973.56
115 48.43 41.93 6.50 2,931.63
116 48.43 42.02 6.41 2,889.61
117 48.43 42.11 6.32 2,847.50
118 48.43 42.20 6.23 2,805.29
119 48.43 42.30 6.14 2,762.99
120 48.43 42.39 6.04 2,720.60
121 48.43 42.48 5.95 2,678.12
122 48.43 42.58 5.86 2,635.55
123 48.43 42.67 5.77 2,592.88
124 48.43 42.76 5.67 2,550.12
125 48.43 42.86 5.58 2,507.26
126 48.43 42.95 5.48 2,464.31
127 48.43 43.04 5.39 2,421.27
128 48.43 43.14 5.30 2,378.13
129 48.43 43.23 5.20 2,334.90
130 48.43 43.33 5.11 2,291.57
131 48.43 43.42 5.01 2,248.15
132 48.43 43.52 4.92 2,204.64
133 48.43 43.61 4.82 2,161.03
134 48.43 43.71 4.73 2,117.32
135 48.43 43.80 4.63 2,073.52
136 48.43 43.90 4.54 2,029.62
137 48.43 43.99 4.44 1,985.63
138 48.43 44.09 4.34 1,941.54
139 48.43 44.19 4.25 1,897.35
140 48.43 44.28 4.15 1,853.07
141 48.43 44.38 4.05 1,808.69
142 48.43 44.48 3.96 1,764.21
143 48.43 44.57 3.86 1,719.64
144 48.43 44.67 3.76 1,674.96
145 48.43 44.77 3.66 1,630.19
146 48.43 44.87 3.57 1,585.33
147 48.43 44.97 3.47 1,540.36
148 48.43 45.06 3.37 1,495.30
149 48.43 45.16 3.27 1,450.13
150 48.43 45.26 3.17 1,404.87
151 48.43 45.36 3.07 1,359.51
152 48.43 45.46 2.97 1,314.05
153 48.43 45.56 2.87 1,268.49
154 48.43 45.66 2.77 1,222.83
155 48.43 45.76 2.67 1,177.08
156 48.43 45.86 2.57 1,131.22
157 48.43 45.96 2.47 1,085.26
158 48.43 46.06 2.37 1,039.20
159 48.43 46.16 2.27 993.04
160 48.43 46.26 2.17 946.78
161 48.43 46.36 2.07 900.41
162 48.43 46.46 1.97 853.95
163 48.43 46.57 1.87 807.38
164 48.43 46.67 1.77 760.72
165 48.43 46.77 1.66 713.95
166 48.43 46.87 1.56 667.07
167 48.43 46.97 1.46 620.10
168 48.43 47.08 1.36 573.02
169 48.43 47.18 1.25 525.84
170 48.43 47.28 1.15 478.56
171 48.43 47.39 1.05 431.17
172 48.43 47.49 0.94 383.68
173 48.43 47.59 0.84 336.09
174 48.43 47.70 0.74 288.39
175 48.43 47.80 0.63 240.59
176 48.43 47.91 0.53 192.68
177 48.43 48.01 0.42 144.67
178 48.43 48.12 0.32 96.55
179 48.43 48.22 0.21 48.33
180 48.43 48.33 0.11 0.00