Mortgage Loan of $120,000 for 15 Years at 3.875%

What's the payment on a 15 year home loan for $120k at 3.875% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $880.13

$10,562 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $120k 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 120,000 loan for 15 years at 3.875 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	880.13	492.63	387.50	119,507.37
2	880.13	494.22	385.91	119,013.15
3	880.13	495.81	384.31	118,517.34
4	880.13	497.42	382.71	118,019.93
5	880.13	499.02	381.11	117,520.90
6	880.13	500.63	379.49	117,020.27
7	880.13	502.25	377.88	116,518.02
8	880.13	503.87	376.26	116,014.15
9	880.13	505.50	374.63	115,508.65
10	880.13	507.13	373.00	115,001.52
11	880.13	508.77	371.36	114,492.75
12	880.13	510.41	369.72	113,982.34
13	880.13	512.06	368.07	113,470.28
14	880.13	513.71	366.41	112,956.57
15	880.13	515.37	364.76	112,441.20
16	880.13	517.04	363.09	111,924.16
17	880.13	518.71	361.42	111,405.46
18	880.13	520.38	359.75	110,885.07
19	880.13	522.06	358.07	110,363.01
20	880.13	523.75	356.38	109,839.27
21	880.13	525.44	354.69	109,313.83
22	880.13	527.13	352.99	108,786.69
23	880.13	528.84	351.29	108,257.86
24	880.13	530.54	349.58	107,727.31
25	880.13	532.26	347.87	107,195.05
26	880.13	533.98	346.15	106,661.08
27	880.13	535.70	344.43	106,125.38
28	880.13	537.43	342.70	105,587.95
29	880.13	539.17	340.96	105,048.78
30	880.13	540.91	339.22	104,507.87
31	880.13	542.65	337.47	103,965.22
32	880.13	544.41	335.72	103,420.81
33	880.13	546.16	333.96	102,874.65
34	880.13	547.93	332.20	102,326.72
35	880.13	549.70	330.43	101,777.02
36	880.13	551.47	328.65	101,225.55
37	880.13	553.25	326.87	100,672.30
38	880.13	555.04	325.09	100,117.26
39	880.13	556.83	323.30	99,560.42
40	880.13	558.63	321.50	99,001.79
41	880.13	560.43	319.69	98,441.36
42	880.13	562.24	317.88	97,879.12
43	880.13	564.06	316.07	97,315.06
44	880.13	565.88	314.25	96,749.18
45	880.13	567.71	312.42	96,181.47
46	880.13	569.54	310.59	95,611.93
47	880.13	571.38	308.75	95,040.54
48	880.13	573.23	306.90	94,467.32
49	880.13	575.08	305.05	93,892.24
50	880.13	576.93	303.19	93,315.31
51	880.13	578.80	301.33	92,736.51
52	880.13	580.67	299.46	92,155.85
53	880.13	582.54	297.59	91,573.31
54	880.13	584.42	295.71	90,988.88
55	880.13	586.31	293.82	90,402.57
56	880.13	588.20	291.92	89,814.37
57	880.13	590.10	290.03	89,224.27
58	880.13	592.01	288.12	88,632.26
59	880.13	593.92	286.21	88,038.34
60	880.13	595.84	284.29	87,442.51
61	880.13	597.76	282.37	86,844.75
62	880.13	599.69	280.44	86,245.05
63	880.13	601.63	278.50	85,643.43
64	880.13	603.57	276.56	85,039.86
65	880.13	605.52	274.61	84,434.34
66	880.13	607.47	272.65	83,826.86
67	880.13	609.44	270.69	83,217.42
68	880.13	611.40	268.72	82,606.02
69	880.13	613.38	266.75	81,992.64
70	880.13	615.36	264.77	81,377.28
71	880.13	617.35	262.78	80,759.94
72	880.13	619.34	260.79	80,140.60
73	880.13	621.34	258.79	79,519.26
74	880.13	623.35	256.78	78,895.91
75	880.13	625.36	254.77	78,270.55
76	880.13	627.38	252.75	77,643.17
77	880.13	629.40	250.72	77,013.77
78	880.13	631.44	248.69	76,382.33
79	880.13	633.48	246.65	75,748.85
80	880.13	635.52	244.61	75,113.33
81	880.13	637.57	242.55	74,475.76
82	880.13	639.63	240.49	73,836.12
83	880.13	641.70	238.43	73,194.43
84	880.13	643.77	236.36	72,550.66
85	880.13	645.85	234.28	71,904.81
86	880.13	647.93	232.19	71,256.87
87	880.13	650.03	230.10	70,606.84
88	880.13	652.13	228.00	69,954.72
89	880.13	654.23	225.90	69,300.49
90	880.13	656.34	223.78	68,644.14
91	880.13	658.46	221.66	67,985.68
92	880.13	660.59	219.54	67,325.09
93	880.13	662.72	217.40	66,662.36
94	880.13	664.86	215.26	65,997.50
95	880.13	667.01	213.12	65,330.49
96	880.13	669.16	210.96	64,661.33
97	880.13	671.33	208.80	63,990.00
98	880.13	673.49	206.63	63,316.51
99	880.13	675.67	204.46	62,640.84
100	880.13	677.85	202.28	61,962.99
101	880.13	680.04	200.09	61,282.95
102	880.13	682.23	197.89	60,600.72
103	880.13	684.44	195.69	59,916.28
104	880.13	686.65	193.48	59,229.63
105	880.13	688.87	191.26	58,540.77
106	880.13	691.09	189.04	57,849.68
107	880.13	693.32	186.81	57,156.35
108	880.13	695.56	184.57	56,460.79
109	880.13	697.81	182.32	55,762.99
110	880.13	700.06	180.07	55,062.93
111	880.13	702.32	177.81	54,360.61
112	880.13	704.59	175.54	53,656.02
113	880.13	706.86	173.26	52,949.16
114	880.13	709.15	170.98	52,240.01
115	880.13	711.44	168.69	51,528.58
116	880.13	713.73	166.39	50,814.84
117	880.13	716.04	164.09	50,098.81
118	880.13	718.35	161.78	49,380.46
119	880.13	720.67	159.46	48,659.79
120	880.13	723.00	157.13	47,936.79
121	880.13	725.33	154.80	47,211.46
122	880.13	727.67	152.45	46,483.78
123	880.13	730.02	150.10	45,753.76
124	880.13	732.38	147.75	45,021.38
125	880.13	734.75	145.38	44,286.63
126	880.13	737.12	143.01	43,549.52
127	880.13	739.50	140.63	42,810.02
128	880.13	741.89	138.24	42,068.13
129	880.13	744.28	135.85	41,323.85
130	880.13	746.69	133.44	40,577.16
131	880.13	749.10	131.03	39,828.06
132	880.13	751.52	128.61	39,076.55
133	880.13	753.94	126.18	38,322.61
134	880.13	756.38	123.75	37,566.23
135	880.13	758.82	121.31	36,807.41
136	880.13	761.27	118.86	36,046.14
137	880.13	763.73	116.40	35,282.41
138	880.13	766.19	113.93	34,516.22
139	880.13	768.67	111.46	33,747.55
140	880.13	771.15	108.98	32,976.40
141	880.13	773.64	106.49	32,202.75
142	880.13	776.14	103.99	31,426.61
143	880.13	778.65	101.48	30,647.97
144	880.13	781.16	98.97	29,866.81
145	880.13	783.68	96.44	29,083.13
146	880.13	786.21	93.91	28,296.91
147	880.13	788.75	91.38	27,508.16
148	880.13	791.30	88.83	26,716.86
149	880.13	793.85	86.27	25,923.01
150	880.13	796.42	83.71	25,126.59
151	880.13	798.99	81.14	24,327.60
152	880.13	801.57	78.56	23,526.03
153	880.13	804.16	75.97	22,721.87
154	880.13	806.75	73.37	21,915.12
155	880.13	809.36	70.77	21,105.76
156	880.13	811.97	68.15	20,293.79
157	880.13	814.60	65.53	19,479.19
158	880.13	817.23	62.90	18,661.96
159	880.13	819.86	60.26	17,842.10
160	880.13	822.51	57.62	17,019.59
161	880.13	825.17	54.96	16,194.42
162	880.13	827.83	52.29	15,366.59
163	880.13	830.51	49.62	14,536.08
164	880.13	833.19	46.94	13,702.89
165	880.13	835.88	44.25	12,867.01
166	880.13	838.58	41.55	12,028.44
167	880.13	841.29	38.84	11,187.15
168	880.13	844.00	36.13	10,343.15
169	880.13	846.73	33.40	9,496.42
170	880.13	849.46	30.67	8,646.96
171	880.13	852.20	27.92	7,794.75
172	880.13	854.96	25.17	6,939.80
173	880.13	857.72	22.41	6,082.08
174	880.13	860.49	19.64	5,221.59
175	880.13	863.27	16.86	4,358.33
176	880.13	866.05	14.07	3,492.27
177	880.13	868.85	11.28	2,623.42
178	880.13	871.66	8.47	1,751.77
179	880.13	874.47	5.66	877.29
180	880.13	877.29	2.83	0.00