Mortgage Loan of $120,000 for 15 Years at 6.125%

What's the payment on a 15 year home loan for $120k at 6.125% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $1,020.75

$12,249 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 6.125 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	1,020.75	408.25	612.50	119,591.75
2	1,020.75	410.33	610.42	119,181.42
3	1,020.75	412.43	608.32	118,768.99
4	1,020.75	414.53	606.22	118,354.45
5	1,020.75	416.65	604.10	117,937.81
6	1,020.75	418.78	601.97	117,519.03
7	1,020.75	420.91	599.84	117,098.12
8	1,020.75	423.06	597.69	116,675.05
9	1,020.75	425.22	595.53	116,249.83
10	1,020.75	427.39	593.36	115,822.44
11	1,020.75	429.57	591.18	115,392.87
12	1,020.75	431.77	588.98	114,961.10
13	1,020.75	433.97	586.78	114,527.13
14	1,020.75	436.18	584.57	114,090.95
15	1,020.75	438.41	582.34	113,652.54
16	1,020.75	440.65	580.10	113,211.89
17	1,020.75	442.90	577.85	112,768.99
18	1,020.75	445.16	575.59	112,323.84
19	1,020.75	447.43	573.32	111,876.40
20	1,020.75	449.71	571.04	111,426.69
21	1,020.75	452.01	568.74	110,974.68
22	1,020.75	454.32	566.43	110,520.36
23	1,020.75	456.64	564.11	110,063.73
24	1,020.75	458.97	561.78	109,604.76
25	1,020.75	461.31	559.44	109,143.45
26	1,020.75	463.66	557.09	108,679.79
27	1,020.75	466.03	554.72	108,213.76
28	1,020.75	468.41	552.34	107,745.35
29	1,020.75	470.80	549.95	107,274.55
30	1,020.75	473.20	547.55	106,801.35
31	1,020.75	475.62	545.13	106,325.73
32	1,020.75	478.05	542.70	105,847.68
33	1,020.75	480.49	540.26	105,367.20
34	1,020.75	482.94	537.81	104,884.26
35	1,020.75	485.40	535.35	104,398.86
36	1,020.75	487.88	532.87	103,910.98
37	1,020.75	490.37	530.38	103,420.60
38	1,020.75	492.87	527.88	102,927.73
39	1,020.75	495.39	525.36	102,432.34
40	1,020.75	497.92	522.83	101,934.42
41	1,020.75	500.46	520.29	101,433.96
42	1,020.75	503.01	517.74	100,930.95
43	1,020.75	505.58	515.17	100,425.37
44	1,020.75	508.16	512.59	99,917.21
45	1,020.75	510.76	509.99	99,406.45
46	1,020.75	513.36	507.39	98,893.09
47	1,020.75	515.98	504.77	98,377.10
48	1,020.75	518.62	502.13	97,858.49
49	1,020.75	521.26	499.49	97,337.22
50	1,020.75	523.92	496.83	96,813.30
51	1,020.75	526.60	494.15	96,286.70
52	1,020.75	529.29	491.46	95,757.41
53	1,020.75	531.99	488.76	95,225.42
54	1,020.75	534.70	486.05	94,690.72
55	1,020.75	537.43	483.32	94,153.29
56	1,020.75	540.18	480.57	93,613.11
57	1,020.75	542.93	477.82	93,070.18
58	1,020.75	545.70	475.05	92,524.47
59	1,020.75	548.49	472.26	91,975.99
60	1,020.75	551.29	469.46	91,424.70
61	1,020.75	554.10	466.65	90,870.59
62	1,020.75	556.93	463.82	90,313.66
63	1,020.75	559.77	460.98	89,753.89
64	1,020.75	562.63	458.12	89,191.26
65	1,020.75	565.50	455.25	88,625.75
66	1,020.75	568.39	452.36	88,057.36
67	1,020.75	571.29	449.46	87,486.07
68	1,020.75	574.21	446.54	86,911.87
69	1,020.75	577.14	443.61	86,334.73
70	1,020.75	580.08	440.67	85,754.65
71	1,020.75	583.04	437.71	85,171.60
72	1,020.75	586.02	434.73	84,585.58
73	1,020.75	589.01	431.74	83,996.57
74	1,020.75	592.02	428.73	83,404.55
75	1,020.75	595.04	425.71	82,809.51
76	1,020.75	598.08	422.67	82,211.44
77	1,020.75	601.13	419.62	81,610.31
78	1,020.75	604.20	416.55	81,006.11
79	1,020.75	607.28	413.47	80,398.83
80	1,020.75	610.38	410.37	79,788.45
81	1,020.75	613.50	407.25	79,174.95
82	1,020.75	616.63	404.12	78,558.33
83	1,020.75	619.78	400.97	77,938.55
84	1,020.75	622.94	397.81	77,315.61
85	1,020.75	626.12	394.63	76,689.49
86	1,020.75	629.31	391.44	76,060.18
87	1,020.75	632.53	388.22	75,427.65
88	1,020.75	635.75	385.00	74,791.90
89	1,020.75	639.00	381.75	74,152.90
90	1,020.75	642.26	378.49	73,510.64
91	1,020.75	645.54	375.21	72,865.10
92	1,020.75	648.83	371.92	72,216.26
93	1,020.75	652.15	368.60	71,564.12
94	1,020.75	655.47	365.28	70,908.64
95	1,020.75	658.82	361.93	70,249.82
96	1,020.75	662.18	358.57	69,587.64
97	1,020.75	665.56	355.19	68,922.08
98	1,020.75	668.96	351.79	68,253.12
99	1,020.75	672.37	348.38	67,580.74
100	1,020.75	675.81	344.94	66,904.93
101	1,020.75	679.26	341.49	66,225.68
102	1,020.75	682.72	338.03	65,542.96
103	1,020.75	686.21	334.54	64,856.75
104	1,020.75	689.71	331.04	64,167.04
105	1,020.75	693.23	327.52	63,473.81
106	1,020.75	696.77	323.98	62,777.04
107	1,020.75	700.33	320.42	62,076.71
108	1,020.75	703.90	316.85	61,372.81
109	1,020.75	707.49	313.26	60,665.32
110	1,020.75	711.10	309.65	59,954.22
111	1,020.75	714.73	306.02	59,239.48
112	1,020.75	718.38	302.37	58,521.10
113	1,020.75	722.05	298.70	57,799.05
114	1,020.75	725.73	295.02	57,073.32
115	1,020.75	729.44	291.31	56,343.88
116	1,020.75	733.16	287.59	55,610.72
117	1,020.75	736.90	283.85	54,873.81
118	1,020.75	740.66	280.09	54,133.15
119	1,020.75	744.45	276.30	53,388.70
120	1,020.75	748.25	272.50	52,640.46
121	1,020.75	752.06	268.69	51,888.39
122	1,020.75	755.90	264.85	51,132.49
123	1,020.75	759.76	260.99	50,372.73
124	1,020.75	763.64	257.11	49,609.09
125	1,020.75	767.54	253.21	48,841.55
126	1,020.75	771.45	249.30	48,070.10
127	1,020.75	775.39	245.36	47,294.71
128	1,020.75	779.35	241.40	46,515.36
129	1,020.75	783.33	237.42	45,732.03
130	1,020.75	787.33	233.42	44,944.70
131	1,020.75	791.34	229.41	44,153.36
132	1,020.75	795.38	225.37	43,357.97
133	1,020.75	799.44	221.31	42,558.53
134	1,020.75	803.52	217.23	41,755.01
135	1,020.75	807.63	213.12	40,947.38
136	1,020.75	811.75	209.00	40,135.63
137	1,020.75	815.89	204.86	39,319.74
138	1,020.75	820.06	200.69	38,499.69
139	1,020.75	824.24	196.51	37,675.45
140	1,020.75	828.45	192.30	36,847.00
141	1,020.75	832.68	188.07	36,014.32
142	1,020.75	836.93	183.82	35,177.39
143	1,020.75	841.20	179.55	34,336.20
144	1,020.75	845.49	175.26	33,490.70
145	1,020.75	849.81	170.94	32,640.90
146	1,020.75	854.15	166.60	31,786.75
147	1,020.75	858.51	162.24	30,928.24
148	1,020.75	862.89	157.86	30,065.36
149	1,020.75	867.29	153.46	29,198.07
150	1,020.75	871.72	149.03	28,326.35
151	1,020.75	876.17	144.58	27,450.18
152	1,020.75	880.64	140.11	26,569.54
153	1,020.75	885.13	135.62	25,684.41
154	1,020.75	889.65	131.10	24,794.75
155	1,020.75	894.19	126.56	23,900.56
156	1,020.75	898.76	121.99	23,001.80
157	1,020.75	903.34	117.41	22,098.46
158	1,020.75	907.96	112.79	21,190.50
159	1,020.75	912.59	108.16	20,277.91
160	1,020.75	917.25	103.50	19,360.66
161	1,020.75	921.93	98.82	18,438.73
162	1,020.75	926.64	94.11	17,512.10
163	1,020.75	931.37	89.38	16,580.73
164	1,020.75	936.12	84.63	15,644.61
165	1,020.75	940.90	79.85	14,703.72
166	1,020.75	945.70	75.05	13,758.02
167	1,020.75	950.53	70.22	12,807.49
168	1,020.75	955.38	65.37	11,852.11
169	1,020.75	960.25	60.50	10,891.86
170	1,020.75	965.16	55.59	9,926.70
171	1,020.75	970.08	50.67	8,956.62
172	1,020.75	975.03	45.72	7,981.58
173	1,020.75	980.01	40.74	7,001.57
174	1,020.75	985.01	35.74	6,016.56
175	1,020.75	990.04	30.71	5,026.52
176	1,020.75	995.09	25.66	4,031.43
177	1,020.75	1,000.17	20.58	3,031.25
178	1,020.75	1,005.28	15.47	2,025.98
179	1,020.75	1,010.41	10.34	1,015.57
180	1,020.75	1,015.57	5.18	0.00