Mortgage Loan of $120,000 for 15 Years at 6.25%

What's the payment on a 15 year home loan for $120k at 6.25% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $1,028.91

$12,347 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 6.25 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	1,028.91	403.91	625.00	119,596.09
2	1,028.91	406.01	622.90	119,190.08
3	1,028.91	408.13	620.78	118,781.96
4	1,028.91	410.25	618.66	118,371.70
5	1,028.91	412.39	616.52	117,959.32
6	1,028.91	414.54	614.37	117,544.78
7	1,028.91	416.70	612.21	117,128.09
8	1,028.91	418.87	610.04	116,709.22
9	1,028.91	421.05	607.86	116,288.17
10	1,028.91	423.24	605.67	115,864.93
11	1,028.91	425.44	603.46	115,439.49
12	1,028.91	427.66	601.25	115,011.83
13	1,028.91	429.89	599.02	114,581.94
14	1,028.91	432.13	596.78	114,149.81
15	1,028.91	434.38	594.53	113,715.44
16	1,028.91	436.64	592.27	113,278.80
17	1,028.91	438.91	589.99	112,839.88
18	1,028.91	441.20	587.71	112,398.68
19	1,028.91	443.50	585.41	111,955.19
20	1,028.91	445.81	583.10	111,509.38
21	1,028.91	448.13	580.78	111,061.25
22	1,028.91	450.46	578.44	110,610.79
23	1,028.91	452.81	576.10	110,157.98
24	1,028.91	455.17	573.74	109,702.81
25	1,028.91	457.54	571.37	109,245.27
26	1,028.91	459.92	568.99	108,785.35
27	1,028.91	462.32	566.59	108,323.03
28	1,028.91	464.72	564.18	107,858.31
29	1,028.91	467.15	561.76	107,391.16
30	1,028.91	469.58	559.33	106,921.58
31	1,028.91	472.02	556.88	106,449.56
32	1,028.91	474.48	554.42	105,975.08
33	1,028.91	476.95	551.95	105,498.12
34	1,028.91	479.44	549.47	105,018.68
35	1,028.91	481.94	546.97	104,536.75
36	1,028.91	484.45	544.46	104,052.30
37	1,028.91	486.97	541.94	103,565.34
38	1,028.91	489.50	539.40	103,075.83
39	1,028.91	492.05	536.85	102,583.78
40	1,028.91	494.62	534.29	102,089.16
41	1,028.91	497.19	531.71	101,591.97
42	1,028.91	499.78	529.12	101,092.18
43	1,028.91	502.39	526.52	100,589.80
44	1,028.91	505.00	523.91	100,084.80
45	1,028.91	507.63	521.27	99,577.16
46	1,028.91	510.28	518.63	99,066.89
47	1,028.91	512.93	515.97	98,553.95
48	1,028.91	515.61	513.30	98,038.35
49	1,028.91	518.29	510.62	97,520.06
50	1,028.91	520.99	507.92	96,999.07
51	1,028.91	523.70	505.20	96,475.36
52	1,028.91	526.43	502.48	95,948.93
53	1,028.91	529.17	499.73	95,419.76
54	1,028.91	531.93	496.98	94,887.83
55	1,028.91	534.70	494.21	94,353.13
56	1,028.91	537.48	491.42	93,815.64
57	1,028.91	540.28	488.62	93,275.36
58	1,028.91	543.10	485.81	92,732.26
59	1,028.91	545.93	482.98	92,186.33
60	1,028.91	548.77	480.14	91,637.56
61	1,028.91	551.63	477.28	91,085.93
62	1,028.91	554.50	474.41	90,531.43
63	1,028.91	557.39	471.52	89,974.04
64	1,028.91	560.29	468.61	89,413.75
65	1,028.91	563.21	465.70	88,850.54
66	1,028.91	566.14	462.76	88,284.40
67	1,028.91	569.09	459.81	87,715.30
68	1,028.91	572.06	456.85	87,143.25
69	1,028.91	575.04	453.87	86,568.21
70	1,028.91	578.03	450.88	85,990.18
71	1,028.91	581.04	447.87	85,409.14
72	1,028.91	584.07	444.84	84,825.07
73	1,028.91	587.11	441.80	84,237.96
74	1,028.91	590.17	438.74	83,647.79
75	1,028.91	593.24	435.67	83,054.55
76	1,028.91	596.33	432.58	82,458.22
77	1,028.91	599.44	429.47	81,858.78
78	1,028.91	602.56	426.35	81,256.22
79	1,028.91	605.70	423.21	80,650.52
80	1,028.91	608.85	420.05	80,041.67
81	1,028.91	612.02	416.88	79,429.64
82	1,028.91	615.21	413.70	78,814.43
83	1,028.91	618.42	410.49	78,196.02
84	1,028.91	621.64	407.27	77,574.38
85	1,028.91	624.87	404.03	76,949.51
86	1,028.91	628.13	400.78	76,321.38
87	1,028.91	631.40	397.51	75,689.98
88	1,028.91	634.69	394.22	75,055.29
89	1,028.91	637.99	390.91	74,417.29
90	1,028.91	641.32	387.59	73,775.98
91	1,028.91	644.66	384.25	73,131.32
92	1,028.91	648.02	380.89	72,483.30
93	1,028.91	651.39	377.52	71,831.91
94	1,028.91	654.78	374.12	71,177.13
95	1,028.91	658.19	370.71	70,518.94
96	1,028.91	661.62	367.29	69,857.32
97	1,028.91	665.07	363.84	69,192.25
98	1,028.91	668.53	360.38	68,523.72
99	1,028.91	672.01	356.89	67,851.71
100	1,028.91	675.51	353.39	67,176.19
101	1,028.91	679.03	349.88	66,497.16
102	1,028.91	682.57	346.34	65,814.59
103	1,028.91	686.12	342.78	65,128.47
104	1,028.91	689.70	339.21	64,438.77
105	1,028.91	693.29	335.62	63,745.48
106	1,028.91	696.90	332.01	63,048.58
107	1,028.91	700.53	328.38	62,348.05
108	1,028.91	704.18	324.73	61,643.88
109	1,028.91	707.85	321.06	60,936.03
110	1,028.91	711.53	317.38	60,224.50
111	1,028.91	715.24	313.67	59,509.26
112	1,028.91	718.96	309.94	58,790.30
113	1,028.91	722.71	306.20	58,067.59
114	1,028.91	726.47	302.44	57,341.12
115	1,028.91	730.26	298.65	56,610.86
116	1,028.91	734.06	294.85	55,876.80
117	1,028.91	737.88	291.03	55,138.92
118	1,028.91	741.73	287.18	54,397.19
119	1,028.91	745.59	283.32	53,651.61
120	1,028.91	749.47	279.44	52,902.13
121	1,028.91	753.38	275.53	52,148.76
122	1,028.91	757.30	271.61	51,391.46
123	1,028.91	761.24	267.66	50,630.22
124	1,028.91	765.21	263.70	49,865.01
125	1,028.91	769.19	259.71	49,095.81
126	1,028.91	773.20	255.71	48,322.61
127	1,028.91	777.23	251.68	47,545.39
128	1,028.91	781.28	247.63	46,764.11
129	1,028.91	785.34	243.56	45,978.77
130	1,028.91	789.43	239.47	45,189.33
131	1,028.91	793.55	235.36	44,395.79
132	1,028.91	797.68	231.23	43,598.11
133	1,028.91	801.83	227.07	42,796.27
134	1,028.91	806.01	222.90	41,990.26
135	1,028.91	810.21	218.70	41,180.05
136	1,028.91	814.43	214.48	40,365.63
137	1,028.91	818.67	210.24	39,546.96
138	1,028.91	822.93	205.97	38,724.02
139	1,028.91	827.22	201.69	37,896.80
140	1,028.91	831.53	197.38	37,065.27
141	1,028.91	835.86	193.05	36,229.41
142	1,028.91	840.21	188.69	35,389.20
143	1,028.91	844.59	184.32	34,544.61
144	1,028.91	848.99	179.92	33,695.63
145	1,028.91	853.41	175.50	32,842.22
146	1,028.91	857.85	171.05	31,984.36
147	1,028.91	862.32	166.59	31,122.04
148	1,028.91	866.81	162.09	30,255.23
149	1,028.91	871.33	157.58	29,383.90
150	1,028.91	875.87	153.04	28,508.03
151	1,028.91	880.43	148.48	27,627.60
152	1,028.91	885.01	143.89	26,742.59
153	1,028.91	889.62	139.28	25,852.97
154	1,028.91	894.26	134.65	24,958.71
155	1,028.91	898.91	129.99	24,059.80
156	1,028.91	903.60	125.31	23,156.20
157	1,028.91	908.30	120.61	22,247.90
158	1,028.91	913.03	115.87	21,334.87
159	1,028.91	917.79	111.12	20,417.08
160	1,028.91	922.57	106.34	19,494.51
161	1,028.91	927.37	101.53	18,567.13
162	1,028.91	932.20	96.70	17,634.93
163	1,028.91	937.06	91.85	16,697.87
164	1,028.91	941.94	86.97	15,755.93
165	1,028.91	946.85	82.06	14,809.09
166	1,028.91	951.78	77.13	13,857.31
167	1,028.91	956.73	72.17	12,900.58
168	1,028.91	961.72	67.19	11,938.86
169	1,028.91	966.73	62.18	10,972.13
170	1,028.91	971.76	57.15	10,000.37
171	1,028.91	976.82	52.09	9,023.55
172	1,028.91	981.91	47.00	8,041.64
173	1,028.91	987.02	41.88	7,054.62
174	1,028.91	992.16	36.74	6,062.45
175	1,028.91	997.33	31.58	5,065.12
176	1,028.91	1,002.53	26.38	4,062.59
177	1,028.91	1,007.75	21.16	3,054.85
178	1,028.91	1,013.00	15.91	2,041.85
179	1,028.91	1,018.27	10.63	1,023.58
180	1,028.91	1,023.58	5.33	0.00