Mortgage Loan of $8,800 for 15 Years at 8.875%
What's the payment on a 15 year home loan for $8.8k at 8.875% interest?
Results
Monthly payment: $88.60
$1,063 per year
What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $8.8k 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 8,800 loan for 15 years at 8.875 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 | 88.60 | 23.52 | 65.08 | 8,776.48 |
2 | 88.60 | 23.69 | 64.91 | 8,752.79 |
3 | 88.60 | 23.87 | 64.73 | 8,728.92 |
4 | 88.60 | 24.04 | 64.56 | 8,704.88 |
5 | 88.60 | 24.22 | 64.38 | 8,680.65 |
6 | 88.60 | 24.40 | 64.20 | 8,656.25 |
7 | 88.60 | 24.58 | 64.02 | 8,631.67 |
8 | 88.60 | 24.76 | 63.84 | 8,606.91 |
9 | 88.60 | 24.95 | 63.66 | 8,581.96 |
10 | 88.60 | 25.13 | 63.47 | 8,556.83 |
11 | 88.60 | 25.32 | 63.28 | 8,531.51 |
12 | 88.60 | 25.50 | 63.10 | 8,506.00 |
13 | 88.60 | 25.69 | 62.91 | 8,480.31 |
14 | 88.60 | 25.88 | 62.72 | 8,454.43 |
15 | 88.60 | 26.07 | 62.53 | 8,428.35 |
16 | 88.60 | 26.27 | 62.33 | 8,402.09 |
17 | 88.60 | 26.46 | 62.14 | 8,375.62 |
18 | 88.60 | 26.66 | 61.94 | 8,348.97 |
19 | 88.60 | 26.85 | 61.75 | 8,322.11 |
20 | 88.60 | 27.05 | 61.55 | 8,295.06 |
21 | 88.60 | 27.25 | 61.35 | 8,267.80 |
22 | 88.60 | 27.45 | 61.15 | 8,240.35 |
23 | 88.60 | 27.66 | 60.94 | 8,212.69 |
24 | 88.60 | 27.86 | 60.74 | 8,184.83 |
25 | 88.60 | 28.07 | 60.53 | 8,156.76 |
26 | 88.60 | 28.28 | 60.33 | 8,128.48 |
27 | 88.60 | 28.49 | 60.12 | 8,100.00 |
28 | 88.60 | 28.70 | 59.91 | 8,071.30 |
29 | 88.60 | 28.91 | 59.69 | 8,042.39 |
30 | 88.60 | 29.12 | 59.48 | 8,013.27 |
31 | 88.60 | 29.34 | 59.26 | 7,983.94 |
32 | 88.60 | 29.55 | 59.05 | 7,954.38 |
33 | 88.60 | 29.77 | 58.83 | 7,924.61 |
34 | 88.60 | 29.99 | 58.61 | 7,894.61 |
35 | 88.60 | 30.22 | 58.39 | 7,864.40 |
36 | 88.60 | 30.44 | 58.16 | 7,833.96 |
37 | 88.60 | 30.66 | 57.94 | 7,803.30 |
38 | 88.60 | 30.89 | 57.71 | 7,772.41 |
39 | 88.60 | 31.12 | 57.48 | 7,741.29 |
40 | 88.60 | 31.35 | 57.25 | 7,709.94 |
41 | 88.60 | 31.58 | 57.02 | 7,678.36 |
42 | 88.60 | 31.81 | 56.79 | 7,646.54 |
43 | 88.60 | 32.05 | 56.55 | 7,614.49 |
44 | 88.60 | 32.29 | 56.32 | 7,582.21 |
45 | 88.60 | 32.53 | 56.08 | 7,549.68 |
46 | 88.60 | 32.77 | 55.84 | 7,516.92 |
47 | 88.60 | 33.01 | 55.59 | 7,483.91 |
48 | 88.60 | 33.25 | 55.35 | 7,450.65 |
49 | 88.60 | 33.50 | 55.10 | 7,417.16 |
50 | 88.60 | 33.75 | 54.86 | 7,383.41 |
51 | 88.60 | 34.00 | 54.61 | 7,349.41 |
52 | 88.60 | 34.25 | 54.36 | 7,315.17 |
53 | 88.60 | 34.50 | 54.10 | 7,280.67 |
54 | 88.60 | 34.76 | 53.85 | 7,245.91 |
55 | 88.60 | 35.01 | 53.59 | 7,210.90 |
56 | 88.60 | 35.27 | 53.33 | 7,175.63 |
57 | 88.60 | 35.53 | 53.07 | 7,140.09 |
58 | 88.60 | 35.80 | 52.81 | 7,104.30 |
59 | 88.60 | 36.06 | 52.54 | 7,068.24 |
60 | 88.60 | 36.33 | 52.28 | 7,031.91 |
61 | 88.60 | 36.60 | 52.01 | 6,995.32 |
62 | 88.60 | 36.87 | 51.74 | 6,958.45 |
63 | 88.60 | 37.14 | 51.46 | 6,921.31 |
64 | 88.60 | 37.41 | 51.19 | 6,883.90 |
65 | 88.60 | 37.69 | 50.91 | 6,846.21 |
66 | 88.60 | 37.97 | 50.63 | 6,808.24 |
67 | 88.60 | 38.25 | 50.35 | 6,769.99 |
68 | 88.60 | 38.53 | 50.07 | 6,731.46 |
69 | 88.60 | 38.82 | 49.78 | 6,692.64 |
70 | 88.60 | 39.10 | 49.50 | 6,653.53 |
71 | 88.60 | 39.39 | 49.21 | 6,614.14 |
72 | 88.60 | 39.69 | 48.92 | 6,574.46 |
73 | 88.60 | 39.98 | 48.62 | 6,534.48 |
74 | 88.60 | 40.27 | 48.33 | 6,494.20 |
75 | 88.60 | 40.57 | 48.03 | 6,453.63 |
76 | 88.60 | 40.87 | 47.73 | 6,412.76 |
77 | 88.60 | 41.17 | 47.43 | 6,371.58 |
78 | 88.60 | 41.48 | 47.12 | 6,330.10 |
79 | 88.60 | 41.79 | 46.82 | 6,288.32 |
80 | 88.60 | 42.09 | 46.51 | 6,246.22 |
81 | 88.60 | 42.41 | 46.20 | 6,203.82 |
82 | 88.60 | 42.72 | 45.88 | 6,161.10 |
83 | 88.60 | 43.04 | 45.57 | 6,118.06 |
84 | 88.60 | 43.35 | 45.25 | 6,074.71 |
85 | 88.60 | 43.67 | 44.93 | 6,031.03 |
86 | 88.60 | 44.00 | 44.60 | 5,987.04 |
87 | 88.60 | 44.32 | 44.28 | 5,942.71 |
88 | 88.60 | 44.65 | 43.95 | 5,898.06 |
89 | 88.60 | 44.98 | 43.62 | 5,853.08 |
90 | 88.60 | 45.31 | 43.29 | 5,807.77 |
91 | 88.60 | 45.65 | 42.95 | 5,762.12 |
92 | 88.60 | 45.99 | 42.62 | 5,716.13 |
93 | 88.60 | 46.33 | 42.28 | 5,669.80 |
94 | 88.60 | 46.67 | 41.93 | 5,623.13 |
95 | 88.60 | 47.01 | 41.59 | 5,576.12 |
96 | 88.60 | 47.36 | 41.24 | 5,528.76 |
97 | 88.60 | 47.71 | 40.89 | 5,481.04 |
98 | 88.60 | 48.07 | 40.54 | 5,432.98 |
99 | 88.60 | 48.42 | 40.18 | 5,384.56 |
100 | 88.60 | 48.78 | 39.82 | 5,335.78 |
101 | 88.60 | 49.14 | 39.46 | 5,286.64 |
102 | 88.60 | 49.50 | 39.10 | 5,237.14 |
103 | 88.60 | 49.87 | 38.73 | 5,187.27 |
104 | 88.60 | 50.24 | 38.36 | 5,137.03 |
105 | 88.60 | 50.61 | 37.99 | 5,086.42 |
106 | 88.60 | 50.98 | 37.62 | 5,035.44 |
107 | 88.60 | 51.36 | 37.24 | 4,984.07 |
108 | 88.60 | 51.74 | 36.86 | 4,932.33 |
109 | 88.60 | 52.12 | 36.48 | 4,880.21 |
110 | 88.60 | 52.51 | 36.09 | 4,827.70 |
111 | 88.60 | 52.90 | 35.70 | 4,774.80 |
112 | 88.60 | 53.29 | 35.31 | 4,721.52 |
113 | 88.60 | 53.68 | 34.92 | 4,667.83 |
114 | 88.60 | 54.08 | 34.52 | 4,613.75 |
115 | 88.60 | 54.48 | 34.12 | 4,559.27 |
116 | 88.60 | 54.88 | 33.72 | 4,504.39 |
117 | 88.60 | 55.29 | 33.31 | 4,449.10 |
118 | 88.60 | 55.70 | 32.90 | 4,393.40 |
119 | 88.60 | 56.11 | 32.49 | 4,337.29 |
120 | 88.60 | 56.52 | 32.08 | 4,280.77 |
121 | 88.60 | 56.94 | 31.66 | 4,223.83 |
122 | 88.60 | 57.36 | 31.24 | 4,166.46 |
123 | 88.60 | 57.79 | 30.81 | 4,108.68 |
124 | 88.60 | 58.22 | 30.39 | 4,050.46 |
125 | 88.60 | 58.65 | 29.96 | 3,991.82 |
126 | 88.60 | 59.08 | 29.52 | 3,932.74 |
127 | 88.60 | 59.52 | 29.09 | 3,873.22 |
128 | 88.60 | 59.96 | 28.65 | 3,813.26 |
129 | 88.60 | 60.40 | 28.20 | 3,752.86 |
130 | 88.60 | 60.85 | 27.76 | 3,692.02 |
131 | 88.60 | 61.30 | 27.31 | 3,630.72 |
132 | 88.60 | 61.75 | 26.85 | 3,568.97 |
133 | 88.60 | 62.21 | 26.40 | 3,506.76 |
134 | 88.60 | 62.67 | 25.94 | 3,444.10 |
135 | 88.60 | 63.13 | 25.47 | 3,380.97 |
136 | 88.60 | 63.60 | 25.01 | 3,317.37 |
137 | 88.60 | 64.07 | 24.53 | 3,253.30 |
138 | 88.60 | 64.54 | 24.06 | 3,188.76 |
139 | 88.60 | 65.02 | 23.58 | 3,123.74 |
140 | 88.60 | 65.50 | 23.10 | 3,058.24 |
141 | 88.60 | 65.98 | 22.62 | 2,992.26 |
142 | 88.60 | 66.47 | 22.13 | 2,925.79 |
143 | 88.60 | 66.96 | 21.64 | 2,858.82 |
144 | 88.60 | 67.46 | 21.14 | 2,791.36 |
145 | 88.60 | 67.96 | 20.64 | 2,723.40 |
146 | 88.60 | 68.46 | 20.14 | 2,654.94 |
147 | 88.60 | 68.97 | 19.64 | 2,585.98 |
148 | 88.60 | 69.48 | 19.13 | 2,516.50 |
149 | 88.60 | 69.99 | 18.61 | 2,446.51 |
150 | 88.60 | 70.51 | 18.09 | 2,376.00 |
151 | 88.60 | 71.03 | 17.57 | 2,304.97 |
152 | 88.60 | 71.56 | 17.05 | 2,233.42 |
153 | 88.60 | 72.08 | 16.52 | 2,161.33 |
154 | 88.60 | 72.62 | 15.98 | 2,088.72 |
155 | 88.60 | 73.15 | 15.45 | 2,015.56 |
156 | 88.60 | 73.70 | 14.91 | 1,941.87 |
157 | 88.60 | 74.24 | 14.36 | 1,867.62 |
158 | 88.60 | 74.79 | 13.81 | 1,792.83 |
159 | 88.60 | 75.34 | 13.26 | 1,717.49 |
160 | 88.60 | 75.90 | 12.70 | 1,641.59 |
161 | 88.60 | 76.46 | 12.14 | 1,565.13 |
162 | 88.60 | 77.03 | 11.58 | 1,488.10 |
163 | 88.60 | 77.60 | 11.01 | 1,410.51 |
164 | 88.60 | 78.17 | 10.43 | 1,332.34 |
165 | 88.60 | 78.75 | 9.85 | 1,253.59 |
166 | 88.60 | 79.33 | 9.27 | 1,174.26 |
167 | 88.60 | 79.92 | 8.68 | 1,094.34 |
168 | 88.60 | 80.51 | 8.09 | 1,013.83 |
169 | 88.60 | 81.10 | 7.50 | 932.73 |
170 | 88.60 | 81.70 | 6.90 | 851.02 |
171 | 88.60 | 82.31 | 6.29 | 768.71 |
172 | 88.60 | 82.92 | 5.69 | 685.80 |
173 | 88.60 | 83.53 | 5.07 | 602.27 |
174 | 88.60 | 84.15 | 4.45 | 518.12 |
175 | 88.60 | 84.77 | 3.83 | 433.35 |
176 | 88.60 | 85.40 | 3.20 | 347.95 |
177 | 88.60 | 86.03 | 2.57 | 261.92 |
178 | 88.60 | 86.67 | 1.94 | 175.26 |
179 | 88.60 | 87.31 | 1.30 | 87.95 |
180 | 88.60 | 87.95 | 0.65 | 0.00 |