Mortgage Loan of $120,000 for 15 Years at 5.55%

What's the payment on a 15 year home loan for $120k at 5.55% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $983.69

$11,804 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 5.55 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	983.69	428.69	555.00	119,571.31
2	983.69	430.67	553.02	119,140.64
3	983.69	432.66	551.03	118,707.98
4	983.69	434.66	549.02	118,273.32
5	983.69	436.67	547.01	117,836.65
6	983.69	438.69	544.99	117,397.95
7	983.69	440.72	542.97	116,957.23
8	983.69	442.76	540.93	116,514.47
9	983.69	444.81	538.88	116,069.67
10	983.69	446.86	536.82	115,622.80
11	983.69	448.93	534.76	115,173.87
12	983.69	451.01	532.68	114,722.86
13	983.69	453.09	530.59	114,269.77
14	983.69	455.19	528.50	113,814.58
15	983.69	457.29	526.39	113,357.28
16	983.69	459.41	524.28	112,897.87
17	983.69	461.53	522.15	112,436.34
18	983.69	463.67	520.02	111,972.67
19	983.69	465.81	517.87	111,506.86
20	983.69	467.97	515.72	111,038.89
21	983.69	470.13	513.55	110,568.76
22	983.69	472.31	511.38	110,096.45
23	983.69	474.49	509.20	109,621.96
24	983.69	476.69	507.00	109,145.28
25	983.69	478.89	504.80	108,666.39
26	983.69	481.10	502.58	108,185.28
27	983.69	483.33	500.36	107,701.95
28	983.69	485.57	498.12	107,216.38
29	983.69	487.81	495.88	106,728.57
30	983.69	490.07	493.62	106,238.51
31	983.69	492.33	491.35	105,746.17
32	983.69	494.61	489.08	105,251.56
33	983.69	496.90	486.79	104,754.66
34	983.69	499.20	484.49	104,255.47
35	983.69	501.51	482.18	103,753.96
36	983.69	503.82	479.86	103,250.14
37	983.69	506.16	477.53	102,743.98
38	983.69	508.50	475.19	102,235.48
39	983.69	510.85	472.84	101,724.64
40	983.69	513.21	470.48	101,211.43
41	983.69	515.58	468.10	100,695.84
42	983.69	517.97	465.72	100,177.87
43	983.69	520.36	463.32	99,657.51
44	983.69	522.77	460.92	99,134.74
45	983.69	525.19	458.50	98,609.55
46	983.69	527.62	456.07	98,081.93
47	983.69	530.06	453.63	97,551.87
48	983.69	532.51	451.18	97,019.36
49	983.69	534.97	448.71	96,484.39
50	983.69	537.45	446.24	95,946.95
51	983.69	539.93	443.75	95,407.01
52	983.69	542.43	441.26	94,864.58
53	983.69	544.94	438.75	94,319.64
54	983.69	547.46	436.23	93,772.19
55	983.69	549.99	433.70	93,222.20
56	983.69	552.53	431.15	92,669.66
57	983.69	555.09	428.60	92,114.57
58	983.69	557.66	426.03	91,556.91
59	983.69	560.24	423.45	90,996.68
60	983.69	562.83	420.86	90,433.85
61	983.69	565.43	418.26	89,868.42
62	983.69	568.05	415.64	89,300.38
63	983.69	570.67	413.01	88,729.70
64	983.69	573.31	410.37	88,156.39
65	983.69	575.96	407.72	87,580.43
66	983.69	578.63	405.06	87,001.80
67	983.69	581.30	402.38	86,420.50
68	983.69	583.99	399.69	85,836.50
69	983.69	586.69	396.99	85,249.81
70	983.69	589.41	394.28	84,660.40
71	983.69	592.13	391.55	84,068.27
72	983.69	594.87	388.82	83,473.40
73	983.69	597.62	386.06	82,875.78
74	983.69	600.39	383.30	82,275.39
75	983.69	603.16	380.52	81,672.23
76	983.69	605.95	377.73	81,066.27
77	983.69	608.76	374.93	80,457.52
78	983.69	611.57	372.12	79,845.95
79	983.69	614.40	369.29	79,231.55
80	983.69	617.24	366.45	78,614.31
81	983.69	620.10	363.59	77,994.21
82	983.69	622.96	360.72	77,371.25
83	983.69	625.84	357.84	76,745.40
84	983.69	628.74	354.95	76,116.66
85	983.69	631.65	352.04	75,485.02
86	983.69	634.57	349.12	74,850.45
87	983.69	637.50	346.18	74,212.94
88	983.69	640.45	343.23	73,572.49
89	983.69	643.41	340.27	72,929.08
90	983.69	646.39	337.30	72,282.69
91	983.69	649.38	334.31	71,633.31
92	983.69	652.38	331.30	70,980.93
93	983.69	655.40	328.29	70,325.53
94	983.69	658.43	325.26	69,667.09
95	983.69	661.48	322.21	69,005.62
96	983.69	664.54	319.15	68,341.08
97	983.69	667.61	316.08	67,673.47
98	983.69	670.70	312.99	67,002.77
99	983.69	673.80	309.89	66,328.98
100	983.69	676.92	306.77	65,652.06
101	983.69	680.05	303.64	64,972.01
102	983.69	683.19	300.50	64,288.82
103	983.69	686.35	297.34	63,602.47
104	983.69	689.53	294.16	62,912.95
105	983.69	692.71	290.97	62,220.23
106	983.69	695.92	287.77	61,524.31
107	983.69	699.14	284.55	60,825.18
108	983.69	702.37	281.32	60,122.81
109	983.69	705.62	278.07	59,417.19
110	983.69	708.88	274.80	58,708.30
111	983.69	712.16	271.53	57,996.14
112	983.69	715.45	268.23	57,280.69
113	983.69	718.76	264.92	56,561.92
114	983.69	722.09	261.60	55,839.84
115	983.69	725.43	258.26	55,114.41
116	983.69	728.78	254.90	54,385.63
117	983.69	732.15	251.53	53,653.47
118	983.69	735.54	248.15	52,917.93
119	983.69	738.94	244.75	52,178.99
120	983.69	742.36	241.33	51,436.63
121	983.69	745.79	237.89	50,690.84
122	983.69	749.24	234.45	49,941.60
123	983.69	752.71	230.98	49,188.89
124	983.69	756.19	227.50	48,432.70
125	983.69	759.69	224.00	47,673.02
126	983.69	763.20	220.49	46,909.82
127	983.69	766.73	216.96	46,143.09
128	983.69	770.28	213.41	45,372.81
129	983.69	773.84	209.85	44,598.97
130	983.69	777.42	206.27	43,821.56
131	983.69	781.01	202.67	43,040.55
132	983.69	784.62	199.06	42,255.92
133	983.69	788.25	195.43	41,467.67
134	983.69	791.90	191.79	40,675.77
135	983.69	795.56	188.13	39,880.21
136	983.69	799.24	184.45	39,080.97
137	983.69	802.94	180.75	38,278.03
138	983.69	806.65	177.04	37,471.38
139	983.69	810.38	173.31	36,661.00
140	983.69	814.13	169.56	35,846.87
141	983.69	817.90	165.79	35,028.97
142	983.69	821.68	162.01	34,207.29
143	983.69	825.48	158.21	33,381.82
144	983.69	829.30	154.39	32,552.52
145	983.69	833.13	150.56	31,719.39
146	983.69	836.98	146.70	30,882.40
147	983.69	840.86	142.83	30,041.55
148	983.69	844.74	138.94	29,196.80
149	983.69	848.65	135.04	28,348.15
150	983.69	852.58	131.11	27,495.57
151	983.69	856.52	127.17	26,639.05
152	983.69	860.48	123.21	25,778.57
153	983.69	864.46	119.23	24,914.11
154	983.69	868.46	115.23	24,045.65
155	983.69	872.48	111.21	23,173.18
156	983.69	876.51	107.18	22,296.67
157	983.69	880.56	103.12	21,416.10
158	983.69	884.64	99.05	20,531.46
159	983.69	888.73	94.96	19,642.73
160	983.69	892.84	90.85	18,749.89
161	983.69	896.97	86.72	17,852.93
162	983.69	901.12	82.57	16,951.81
163	983.69	905.28	78.40	16,046.52
164	983.69	909.47	74.22	15,137.05
165	983.69	913.68	70.01	14,223.37
166	983.69	917.90	65.78	13,305.47
167	983.69	922.15	61.54	12,383.32
168	983.69	926.41	57.27	11,456.91
169	983.69	930.70	52.99	10,526.21
170	983.69	935.00	48.68	9,591.20
171	983.69	939.33	44.36	8,651.88
172	983.69	943.67	40.01	7,708.21
173	983.69	948.04	35.65	6,760.17
174	983.69	952.42	31.27	5,807.75
175	983.69	956.83	26.86	4,850.92
176	983.69	961.25	22.44	3,889.67
177	983.69	965.70	17.99	2,923.97
178	983.69	970.16	13.52	1,953.81
179	983.69	974.65	9.04	979.16
180	983.69	979.16	4.53	0.00