Mortgage Loan of $889,000 for 15 Years at 8.875%
What's the payment on a 15 year home loan for $889k at 8.875% interest?
Results
Monthly payment: $8,950.84
$107,410 per year
What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $889k 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 889,000 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 | 8,950.84 | 2,375.95 | 6,574.90 | 886,624.05 |
| 2 | 8,950.84 | 2,393.52 | 6,557.32 | 884,230.53 |
| 3 | 8,950.84 | 2,411.22 | 6,539.62 | 881,819.31 |
| 4 | 8,950.84 | 2,429.06 | 6,521.79 | 879,390.25 |
| 5 | 8,950.84 | 2,447.02 | 6,503.82 | 876,943.23 |
| 6 | 8,950.84 | 2,465.12 | 6,485.73 | 874,478.12 |
| 7 | 8,950.84 | 2,483.35 | 6,467.49 | 871,994.77 |
| 8 | 8,950.84 | 2,501.72 | 6,449.13 | 869,493.05 |
| 9 | 8,950.84 | 2,520.22 | 6,430.63 | 866,972.83 |
| 10 | 8,950.84 | 2,538.86 | 6,411.99 | 864,433.98 |
| 11 | 8,950.84 | 2,557.63 | 6,393.21 | 861,876.34 |
| 12 | 8,950.84 | 2,576.55 | 6,374.29 | 859,299.79 |
| 13 | 8,950.84 | 2,595.61 | 6,355.24 | 856,704.19 |
| 14 | 8,950.84 | 2,614.80 | 6,336.04 | 854,089.38 |
| 15 | 8,950.84 | 2,634.14 | 6,316.70 | 851,455.24 |
| 16 | 8,950.84 | 2,653.62 | 6,297.22 | 848,801.62 |
| 17 | 8,950.84 | 2,673.25 | 6,277.60 | 846,128.37 |
| 18 | 8,950.84 | 2,693.02 | 6,257.82 | 843,435.35 |
| 19 | 8,950.84 | 2,712.94 | 6,237.91 | 840,722.41 |
| 20 | 8,950.84 | 2,733.00 | 6,217.84 | 837,989.41 |
| 21 | 8,950.84 | 2,753.21 | 6,197.63 | 835,236.20 |
| 22 | 8,950.84 | 2,773.58 | 6,177.27 | 832,462.62 |
| 23 | 8,950.84 | 2,794.09 | 6,156.75 | 829,668.53 |
| 24 | 8,950.84 | 2,814.75 | 6,136.09 | 826,853.78 |
| 25 | 8,950.84 | 2,835.57 | 6,115.27 | 824,018.21 |
| 26 | 8,950.84 | 2,856.54 | 6,094.30 | 821,161.67 |
| 27 | 8,950.84 | 2,877.67 | 6,073.17 | 818,284.00 |
| 28 | 8,950.84 | 2,898.95 | 6,051.89 | 815,385.05 |
| 29 | 8,950.84 | 2,920.39 | 6,030.45 | 812,464.65 |
| 30 | 8,950.84 | 2,941.99 | 6,008.85 | 809,522.66 |
| 31 | 8,950.84 | 2,963.75 | 5,987.09 | 806,558.91 |
| 32 | 8,950.84 | 2,985.67 | 5,965.18 | 803,573.25 |
| 33 | 8,950.84 | 3,007.75 | 5,943.09 | 800,565.50 |
| 34 | 8,950.84 | 3,029.99 | 5,920.85 | 797,535.50 |
| 35 | 8,950.84 | 3,052.40 | 5,898.44 | 794,483.10 |
| 36 | 8,950.84 | 3,074.98 | 5,875.86 | 791,408.12 |
| 37 | 8,950.84 | 3,097.72 | 5,853.12 | 788,310.40 |
| 38 | 8,950.84 | 3,120.63 | 5,830.21 | 785,189.76 |
| 39 | 8,950.84 | 3,143.71 | 5,807.13 | 782,046.05 |
| 40 | 8,950.84 | 3,166.96 | 5,783.88 | 778,879.09 |
| 41 | 8,950.84 | 3,190.38 | 5,760.46 | 775,688.71 |
| 42 | 8,950.84 | 3,213.98 | 5,736.86 | 772,474.73 |
| 43 | 8,950.84 | 3,237.75 | 5,713.09 | 769,236.98 |
| 44 | 8,950.84 | 3,261.70 | 5,689.15 | 765,975.28 |
| 45 | 8,950.84 | 3,285.82 | 5,665.03 | 762,689.47 |
| 46 | 8,950.84 | 3,310.12 | 5,640.72 | 759,379.35 |
| 47 | 8,950.84 | 3,334.60 | 5,616.24 | 756,044.74 |
| 48 | 8,950.84 | 3,359.26 | 5,591.58 | 752,685.48 |
| 49 | 8,950.84 | 3,384.11 | 5,566.74 | 749,301.37 |
| 50 | 8,950.84 | 3,409.14 | 5,541.71 | 745,892.24 |
| 51 | 8,950.84 | 3,434.35 | 5,516.49 | 742,457.89 |
| 52 | 8,950.84 | 3,459.75 | 5,491.09 | 738,998.14 |
| 53 | 8,950.84 | 3,485.34 | 5,465.51 | 735,512.80 |
| 54 | 8,950.84 | 3,511.11 | 5,439.73 | 732,001.69 |
| 55 | 8,950.84 | 3,537.08 | 5,413.76 | 728,464.61 |
| 56 | 8,950.84 | 3,563.24 | 5,387.60 | 724,901.37 |
| 57 | 8,950.84 | 3,589.59 | 5,361.25 | 721,311.77 |
| 58 | 8,950.84 | 3,616.14 | 5,334.70 | 717,695.63 |
| 59 | 8,950.84 | 3,642.89 | 5,307.96 | 714,052.74 |
| 60 | 8,950.84 | 3,669.83 | 5,281.02 | 710,382.92 |
| 61 | 8,950.84 | 3,696.97 | 5,253.87 | 706,685.95 |
| 62 | 8,950.84 | 3,724.31 | 5,226.53 | 702,961.63 |
| 63 | 8,950.84 | 3,751.86 | 5,198.99 | 699,209.78 |
| 64 | 8,950.84 | 3,779.60 | 5,171.24 | 695,430.17 |
| 65 | 8,950.84 | 3,807.56 | 5,143.29 | 691,622.61 |
| 66 | 8,950.84 | 3,835.72 | 5,115.13 | 687,786.90 |
| 67 | 8,950.84 | 3,864.09 | 5,086.76 | 683,922.81 |
| 68 | 8,950.84 | 3,892.66 | 5,058.18 | 680,030.14 |
| 69 | 8,950.84 | 3,921.45 | 5,029.39 | 676,108.69 |
| 70 | 8,950.84 | 3,950.46 | 5,000.39 | 672,158.23 |
| 71 | 8,950.84 | 3,979.67 | 4,971.17 | 668,178.56 |
| 72 | 8,950.84 | 4,009.11 | 4,941.74 | 664,169.45 |
| 73 | 8,950.84 | 4,038.76 | 4,912.09 | 660,130.70 |
| 74 | 8,950.84 | 4,068.63 | 4,882.22 | 656,062.07 |
| 75 | 8,950.84 | 4,098.72 | 4,852.13 | 651,963.35 |
| 76 | 8,950.84 | 4,129.03 | 4,821.81 | 647,834.32 |
| 77 | 8,950.84 | 4,159.57 | 4,791.27 | 643,674.75 |
| 78 | 8,950.84 | 4,190.33 | 4,760.51 | 639,484.42 |
| 79 | 8,950.84 | 4,221.32 | 4,729.52 | 635,263.09 |
| 80 | 8,950.84 | 4,252.54 | 4,698.30 | 631,010.55 |
| 81 | 8,950.84 | 4,284.00 | 4,666.85 | 626,726.55 |
| 82 | 8,950.84 | 4,315.68 | 4,635.17 | 622,410.87 |
| 83 | 8,950.84 | 4,347.60 | 4,603.25 | 618,063.28 |
| 84 | 8,950.84 | 4,379.75 | 4,571.09 | 613,683.53 |
| 85 | 8,950.84 | 4,412.14 | 4,538.70 | 609,271.38 |
| 86 | 8,950.84 | 4,444.77 | 4,506.07 | 604,826.61 |
| 87 | 8,950.84 | 4,477.65 | 4,473.20 | 600,348.96 |
| 88 | 8,950.84 | 4,510.76 | 4,440.08 | 595,838.20 |
| 89 | 8,950.84 | 4,544.12 | 4,406.72 | 591,294.08 |
| 90 | 8,950.84 | 4,577.73 | 4,373.11 | 586,716.35 |
| 91 | 8,950.84 | 4,611.59 | 4,339.26 | 582,104.76 |
| 92 | 8,950.84 | 4,645.69 | 4,305.15 | 577,459.06 |
| 93 | 8,950.84 | 4,680.05 | 4,270.79 | 572,779.01 |
| 94 | 8,950.84 | 4,714.67 | 4,236.18 | 568,064.34 |
| 95 | 8,950.84 | 4,749.53 | 4,201.31 | 563,314.81 |
| 96 | 8,950.84 | 4,784.66 | 4,166.18 | 558,530.15 |
| 97 | 8,950.84 | 4,820.05 | 4,130.80 | 553,710.10 |
| 98 | 8,950.84 | 4,855.70 | 4,095.15 | 548,854.40 |
| 99 | 8,950.84 | 4,891.61 | 4,059.24 | 543,962.80 |
| 100 | 8,950.84 | 4,927.79 | 4,023.06 | 539,035.01 |
| 101 | 8,950.84 | 4,964.23 | 3,986.61 | 534,070.78 |
| 102 | 8,950.84 | 5,000.95 | 3,949.90 | 529,069.83 |
| 103 | 8,950.84 | 5,037.93 | 3,912.91 | 524,031.90 |
| 104 | 8,950.84 | 5,075.19 | 3,875.65 | 518,956.71 |
| 105 | 8,950.84 | 5,112.73 | 3,838.12 | 513,843.99 |
| 106 | 8,950.84 | 5,150.54 | 3,800.30 | 508,693.45 |
| 107 | 8,950.84 | 5,188.63 | 3,762.21 | 503,504.81 |
| 108 | 8,950.84 | 5,227.01 | 3,723.84 | 498,277.81 |
| 109 | 8,950.84 | 5,265.66 | 3,685.18 | 493,012.14 |
| 110 | 8,950.84 | 5,304.61 | 3,646.24 | 487,707.54 |
| 111 | 8,950.84 | 5,343.84 | 3,607.00 | 482,363.70 |
| 112 | 8,950.84 | 5,383.36 | 3,567.48 | 476,980.33 |
| 113 | 8,950.84 | 5,423.18 | 3,527.67 | 471,557.16 |
| 114 | 8,950.84 | 5,463.29 | 3,487.56 | 466,093.87 |
| 115 | 8,950.84 | 5,503.69 | 3,447.15 | 460,590.18 |
| 116 | 8,950.84 | 5,544.40 | 3,406.45 | 455,045.78 |
| 117 | 8,950.84 | 5,585.40 | 3,365.44 | 449,460.38 |
| 118 | 8,950.84 | 5,626.71 | 3,324.13 | 443,833.67 |
| 119 | 8,950.84 | 5,668.32 | 3,282.52 | 438,165.35 |
| 120 | 8,950.84 | 5,710.25 | 3,240.60 | 432,455.10 |
| 121 | 8,950.84 | 5,752.48 | 3,198.37 | 426,702.62 |
| 122 | 8,950.84 | 5,795.02 | 3,155.82 | 420,907.60 |
| 123 | 8,950.84 | 5,837.88 | 3,112.96 | 415,069.72 |
| 124 | 8,950.84 | 5,881.06 | 3,069.79 | 409,188.66 |
| 125 | 8,950.84 | 5,924.55 | 3,026.29 | 403,264.11 |
| 126 | 8,950.84 | 5,968.37 | 2,982.47 | 397,295.74 |
| 127 | 8,950.84 | 6,012.51 | 2,938.33 | 391,283.23 |
| 128 | 8,950.84 | 6,056.98 | 2,893.87 | 385,226.25 |
| 129 | 8,950.84 | 6,101.77 | 2,849.07 | 379,124.48 |
| 130 | 8,950.84 | 6,146.90 | 2,803.94 | 372,977.57 |
| 131 | 8,950.84 | 6,192.36 | 2,758.48 | 366,785.21 |
| 132 | 8,950.84 | 6,238.16 | 2,712.68 | 360,547.05 |
| 133 | 8,950.84 | 6,284.30 | 2,666.55 | 354,262.75 |
| 134 | 8,950.84 | 6,330.78 | 2,620.07 | 347,931.98 |
| 135 | 8,950.84 | 6,377.60 | 2,573.25 | 341,554.38 |
| 136 | 8,950.84 | 6,424.76 | 2,526.08 | 335,129.61 |
| 137 | 8,950.84 | 6,472.28 | 2,478.56 | 328,657.33 |
| 138 | 8,950.84 | 6,520.15 | 2,430.69 | 322,137.18 |
| 139 | 8,950.84 | 6,568.37 | 2,382.47 | 315,568.81 |
| 140 | 8,950.84 | 6,616.95 | 2,333.89 | 308,951.86 |
| 141 | 8,950.84 | 6,665.89 | 2,284.96 | 302,285.98 |
| 142 | 8,950.84 | 6,715.19 | 2,235.66 | 295,570.79 |
| 143 | 8,950.84 | 6,764.85 | 2,185.99 | 288,805.94 |
| 144 | 8,950.84 | 6,814.88 | 2,135.96 | 281,991.05 |
| 145 | 8,950.84 | 6,865.29 | 2,085.56 | 275,125.77 |
| 146 | 8,950.84 | 6,916.06 | 2,034.78 | 268,209.71 |
| 147 | 8,950.84 | 6,967.21 | 1,983.63 | 261,242.50 |
| 148 | 8,950.84 | 7,018.74 | 1,932.11 | 254,223.76 |
| 149 | 8,950.84 | 7,070.65 | 1,880.20 | 247,153.11 |
| 150 | 8,950.84 | 7,122.94 | 1,827.90 | 240,030.17 |
| 151 | 8,950.84 | 7,175.62 | 1,775.22 | 232,854.55 |
| 152 | 8,950.84 | 7,228.69 | 1,722.15 | 225,625.86 |
| 153 | 8,950.84 | 7,282.15 | 1,668.69 | 218,343.71 |
| 154 | 8,950.84 | 7,336.01 | 1,614.83 | 211,007.70 |
| 155 | 8,950.84 | 7,390.27 | 1,560.58 | 203,617.43 |
| 156 | 8,950.84 | 7,444.92 | 1,505.92 | 196,172.51 |
| 157 | 8,950.84 | 7,499.98 | 1,450.86 | 188,672.53 |
| 158 | 8,950.84 | 7,555.45 | 1,395.39 | 181,117.07 |
| 159 | 8,950.84 | 7,611.33 | 1,339.51 | 173,505.74 |
| 160 | 8,950.84 | 7,667.62 | 1,283.22 | 165,838.12 |
| 161 | 8,950.84 | 7,724.33 | 1,226.51 | 158,113.78 |
| 162 | 8,950.84 | 7,781.46 | 1,169.38 | 150,332.32 |
| 163 | 8,950.84 | 7,839.01 | 1,111.83 | 142,493.31 |
| 164 | 8,950.84 | 7,896.99 | 1,053.86 | 134,596.33 |
| 165 | 8,950.84 | 7,955.39 | 995.45 | 126,640.93 |
| 166 | 8,950.84 | 8,014.23 | 936.62 | 118,626.70 |
| 167 | 8,950.84 | 8,073.50 | 877.34 | 110,553.20 |
| 168 | 8,950.84 | 8,133.21 | 817.63 | 102,419.99 |
| 169 | 8,950.84 | 8,193.36 | 757.48 | 94,226.63 |
| 170 | 8,950.84 | 8,253.96 | 696.88 | 85,972.67 |
| 171 | 8,950.84 | 8,315.00 | 635.84 | 77,657.67 |
| 172 | 8,950.84 | 8,376.50 | 574.34 | 69,281.17 |
| 173 | 8,950.84 | 8,438.45 | 512.39 | 60,842.71 |
| 174 | 8,950.84 | 8,500.86 | 449.98 | 52,341.85 |
| 175 | 8,950.84 | 8,563.73 | 387.11 | 43,778.12 |
| 176 | 8,950.84 | 8,627.07 | 323.78 | 35,151.05 |
| 177 | 8,950.84 | 8,690.87 | 259.97 | 26,460.18 |
| 178 | 8,950.84 | 8,755.15 | 195.70 | 17,705.03 |
| 179 | 8,950.84 | 8,819.90 | 130.94 | 8,885.13 |
| 180 | 8,950.84 | 8,885.13 | 65.71 | 0.00 |