Mortgage Loan of $120,000 for 15 Years at 5.85%

What's the payment on a 15 year home loan for $120k at 5.85% interest?
Loan Amount
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Length
Interest Rate
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Results
Monthly payment: $1,002.93
$12,035 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 5.85 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 1,002.93 417.93 585.00 119,582.07
2 1,002.93 419.97 582.96 119,162.10
3 1,002.93 422.01 580.92 118,740.09
4 1,002.93 424.07 578.86 118,316.02
5 1,002.93 426.14 576.79 117,889.88
6 1,002.93 428.22 574.71 117,461.66
7 1,002.93 430.30 572.63 117,031.36
8 1,002.93 432.40 570.53 116,598.96
9 1,002.93 434.51 568.42 116,164.45
10 1,002.93 436.63 566.30 115,727.82
11 1,002.93 438.76 564.17 115,289.07
12 1,002.93 440.90 562.03 114,848.17
13 1,002.93 443.04 559.88 114,405.13
14 1,002.93 445.20 557.72 113,959.92
15 1,002.93 447.37 555.55 113,512.55
16 1,002.93 449.56 553.37 113,062.99
17 1,002.93 451.75 551.18 112,611.24
18 1,002.93 453.95 548.98 112,157.29
19 1,002.93 456.16 546.77 111,701.13
20 1,002.93 458.39 544.54 111,242.75
21 1,002.93 460.62 542.31 110,782.12
22 1,002.93 462.87 540.06 110,319.26
23 1,002.93 465.12 537.81 109,854.14
24 1,002.93 467.39 535.54 109,386.75
25 1,002.93 469.67 533.26 108,917.08
26 1,002.93 471.96 530.97 108,445.12
27 1,002.93 474.26 528.67 107,970.86
28 1,002.93 476.57 526.36 107,494.29
29 1,002.93 478.89 524.03 107,015.39
30 1,002.93 481.23 521.70 106,534.16
31 1,002.93 483.58 519.35 106,050.59
32 1,002.93 485.93 517.00 105,564.66
33 1,002.93 488.30 514.63 105,076.35
34 1,002.93 490.68 512.25 104,585.67
35 1,002.93 493.07 509.86 104,092.60
36 1,002.93 495.48 507.45 103,597.12
37 1,002.93 497.89 505.04 103,099.23
38 1,002.93 500.32 502.61 102,598.91
39 1,002.93 502.76 500.17 102,096.15
40 1,002.93 505.21 497.72 101,590.94
41 1,002.93 507.67 495.26 101,083.26
42 1,002.93 510.15 492.78 100,573.11
43 1,002.93 512.64 490.29 100,060.48
44 1,002.93 515.13 487.79 99,545.34
45 1,002.93 517.65 485.28 99,027.70
46 1,002.93 520.17 482.76 98,507.53
47 1,002.93 522.71 480.22 97,984.82
48 1,002.93 525.25 477.68 97,459.57
49 1,002.93 527.81 475.12 96,931.76
50 1,002.93 530.39 472.54 96,401.37
51 1,002.93 532.97 469.96 95,868.40
52 1,002.93 535.57 467.36 95,332.83
53 1,002.93 538.18 464.75 94,794.64
54 1,002.93 540.81 462.12 94,253.84
55 1,002.93 543.44 459.49 93,710.40
56 1,002.93 546.09 456.84 93,164.31
57 1,002.93 548.75 454.18 92,615.55
58 1,002.93 551.43 451.50 92,064.12
59 1,002.93 554.12 448.81 91,510.01
60 1,002.93 556.82 446.11 90,953.19
61 1,002.93 559.53 443.40 90,393.66
62 1,002.93 562.26 440.67 89,831.40
63 1,002.93 565.00 437.93 89,266.40
64 1,002.93 567.76 435.17 88,698.64
65 1,002.93 570.52 432.41 88,128.12
66 1,002.93 573.30 429.62 87,554.81
67 1,002.93 576.10 426.83 86,978.71
68 1,002.93 578.91 424.02 86,399.80
69 1,002.93 581.73 421.20 85,818.07
70 1,002.93 584.57 418.36 85,233.51
71 1,002.93 587.42 415.51 84,646.09
72 1,002.93 590.28 412.65 84,055.81
73 1,002.93 593.16 409.77 83,462.65
74 1,002.93 596.05 406.88 82,866.61
75 1,002.93 598.95 403.97 82,267.65
76 1,002.93 601.87 401.05 81,665.78
77 1,002.93 604.81 398.12 81,060.97
78 1,002.93 607.76 395.17 80,453.21
79 1,002.93 610.72 392.21 79,842.49
80 1,002.93 613.70 389.23 79,228.79
81 1,002.93 616.69 386.24 78,612.10
82 1,002.93 619.70 383.23 77,992.41
83 1,002.93 622.72 380.21 77,369.69
84 1,002.93 625.75 377.18 76,743.94
85 1,002.93 628.80 374.13 76,115.14
86 1,002.93 631.87 371.06 75,483.27
87 1,002.93 634.95 367.98 74,848.32
88 1,002.93 638.04 364.89 74,210.28
89 1,002.93 641.15 361.78 73,569.12
90 1,002.93 644.28 358.65 72,924.84
91 1,002.93 647.42 355.51 72,277.42
92 1,002.93 650.58 352.35 71,626.85
93 1,002.93 653.75 349.18 70,973.10
94 1,002.93 656.94 345.99 70,316.16
95 1,002.93 660.14 342.79 69,656.03
96 1,002.93 663.36 339.57 68,992.67
97 1,002.93 666.59 336.34 68,326.08
98 1,002.93 669.84 333.09 67,656.24
99 1,002.93 673.11 329.82 66,983.13
100 1,002.93 676.39 326.54 66,306.75
101 1,002.93 679.68 323.25 65,627.06
102 1,002.93 683.00 319.93 64,944.07
103 1,002.93 686.33 316.60 64,257.74
104 1,002.93 689.67 313.26 63,568.07
105 1,002.93 693.03 309.89 62,875.03
106 1,002.93 696.41 306.52 62,178.62
107 1,002.93 699.81 303.12 61,478.81
108 1,002.93 703.22 299.71 60,775.59
109 1,002.93 706.65 296.28 60,068.94
110 1,002.93 710.09 292.84 59,358.85
111 1,002.93 713.55 289.37 58,645.29
112 1,002.93 717.03 285.90 57,928.26
113 1,002.93 720.53 282.40 57,207.73
114 1,002.93 724.04 278.89 56,483.69
115 1,002.93 727.57 275.36 55,756.12
116 1,002.93 731.12 271.81 55,025.00
117 1,002.93 734.68 268.25 54,290.32
118 1,002.93 738.26 264.67 53,552.05
119 1,002.93 741.86 261.07 52,810.19
120 1,002.93 745.48 257.45 52,064.71
121 1,002.93 749.11 253.82 51,315.60
122 1,002.93 752.77 250.16 50,562.83
123 1,002.93 756.44 246.49 49,806.40
124 1,002.93 760.12 242.81 49,046.27
125 1,002.93 763.83 239.10 48,282.44
126 1,002.93 767.55 235.38 47,514.89
127 1,002.93 771.29 231.64 46,743.60
128 1,002.93 775.05 227.88 45,968.54
129 1,002.93 778.83 224.10 45,189.71
130 1,002.93 782.63 220.30 44,407.08
131 1,002.93 786.44 216.48 43,620.64
132 1,002.93 790.28 212.65 42,830.36
133 1,002.93 794.13 208.80 42,036.23
134 1,002.93 798.00 204.93 41,238.22
135 1,002.93 801.89 201.04 40,436.33
136 1,002.93 805.80 197.13 39,630.53
137 1,002.93 809.73 193.20 38,820.80
138 1,002.93 813.68 189.25 38,007.12
139 1,002.93 817.64 185.28 37,189.47
140 1,002.93 821.63 181.30 36,367.84
141 1,002.93 825.64 177.29 35,542.21
142 1,002.93 829.66 173.27 34,712.55
143 1,002.93 833.71 169.22 33,878.84
144 1,002.93 837.77 165.16 33,041.07
145 1,002.93 841.85 161.08 32,199.22
146 1,002.93 845.96 156.97 31,353.26
147 1,002.93 850.08 152.85 30,503.18
148 1,002.93 854.23 148.70 29,648.95
149 1,002.93 858.39 144.54 28,790.56
150 1,002.93 862.58 140.35 27,927.98
151 1,002.93 866.78 136.15 27,061.20
152 1,002.93 871.01 131.92 26,190.20
153 1,002.93 875.25 127.68 25,314.95
154 1,002.93 879.52 123.41 24,435.43
155 1,002.93 883.81 119.12 23,551.62
156 1,002.93 888.12 114.81 22,663.51
157 1,002.93 892.44 110.48 21,771.06
158 1,002.93 896.80 106.13 20,874.27
159 1,002.93 901.17 101.76 19,973.10
160 1,002.93 905.56 97.37 19,067.54
161 1,002.93 909.98 92.95 18,157.56
162 1,002.93 914.41 88.52 17,243.15
163 1,002.93 918.87 84.06 16,324.28
164 1,002.93 923.35 79.58 15,400.93
165 1,002.93 927.85 75.08 14,473.08
166 1,002.93 932.37 70.56 13,540.71
167 1,002.93 936.92 66.01 12,603.79
168 1,002.93 941.49 61.44 11,662.31
169 1,002.93 946.08 56.85 10,716.23
170 1,002.93 950.69 52.24 9,765.54
171 1,002.93 955.32 47.61 8,810.22
172 1,002.93 959.98 42.95 7,850.24
173 1,002.93 964.66 38.27 6,885.58
174 1,002.93 969.36 33.57 5,916.22
175 1,002.93 974.09 28.84 4,942.13
176 1,002.93 978.84 24.09 3,963.30
177 1,002.93 983.61 19.32 2,979.69
178 1,002.93 988.40 14.53 1,991.29
179 1,002.93 993.22 9.71 998.06
180 1,002.93 998.06 4.87 0.00
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