Mortgage Loan of $120,000 for 15 Years at 6.625%

What's the payment on a 15 year home loan for $120k at 6.625% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $1,053.59

$12,643 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 6.625 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	1,053.59	391.09	662.50	119,608.91
2	1,053.59	393.25	660.34	119,215.66
3	1,053.59	395.42	658.17	118,820.23
4	1,053.59	397.61	655.99	118,422.63
5	1,053.59	399.80	653.79	118,022.83
6	1,053.59	402.01	651.58	117,620.82
7	1,053.59	404.23	649.36	117,216.59
8	1,053.59	406.46	647.13	116,810.13
9	1,053.59	408.70	644.89	116,401.43
10	1,053.59	410.96	642.63	115,990.47
11	1,053.59	413.23	640.36	115,577.24
12	1,053.59	415.51	638.08	115,161.73
13	1,053.59	417.80	635.79	114,743.93
14	1,053.59	420.11	633.48	114,323.82
15	1,053.59	422.43	631.16	113,901.39
16	1,053.59	424.76	628.83	113,476.62
17	1,053.59	427.11	626.49	113,049.52
18	1,053.59	429.46	624.13	112,620.05
19	1,053.59	431.84	621.76	112,188.22
20	1,053.59	434.22	619.37	111,754.00
21	1,053.59	436.62	616.98	111,317.38
22	1,053.59	439.03	614.56	110,878.35
23	1,053.59	441.45	612.14	110,436.90
24	1,053.59	443.89	609.70	109,993.01
25	1,053.59	446.34	607.25	109,546.67
26	1,053.59	448.80	604.79	109,097.87
27	1,053.59	451.28	602.31	108,646.59
28	1,053.59	453.77	599.82	108,192.81
29	1,053.59	456.28	597.31	107,736.54
30	1,053.59	458.80	594.80	107,277.74
31	1,053.59	461.33	592.26	106,816.41
32	1,053.59	463.88	589.72	106,352.53
33	1,053.59	466.44	587.15	105,886.09
34	1,053.59	469.01	584.58	105,417.08
35	1,053.59	471.60	581.99	104,945.48
36	1,053.59	474.21	579.39	104,471.27
37	1,053.59	476.82	576.77	103,994.45
38	1,053.59	479.46	574.14	103,514.99
39	1,053.59	482.10	571.49	103,032.89
40	1,053.59	484.77	568.83	102,548.12
41	1,053.59	487.44	566.15	102,060.68
42	1,053.59	490.13	563.46	101,570.55
43	1,053.59	492.84	560.75	101,077.71
44	1,053.59	495.56	558.03	100,582.15
45	1,053.59	498.30	555.30	100,083.86
46	1,053.59	501.05	552.55	99,582.81
47	1,053.59	503.81	549.78	99,079.00
48	1,053.59	506.59	547.00	98,572.40
49	1,053.59	509.39	544.20	98,063.01
50	1,053.59	512.20	541.39	97,550.81
51	1,053.59	515.03	538.56	97,035.78
52	1,053.59	517.87	535.72	96,517.90
53	1,053.59	520.73	532.86	95,997.17
54	1,053.59	523.61	529.98	95,473.56
55	1,053.59	526.50	527.09	94,947.06
56	1,053.59	529.41	524.19	94,417.66
57	1,053.59	532.33	521.26	93,885.33
58	1,053.59	535.27	518.33	93,350.06
59	1,053.59	538.22	515.37	92,811.84
60	1,053.59	541.19	512.40	92,270.65
61	1,053.59	544.18	509.41	91,726.47
62	1,053.59	547.19	506.41	91,179.28
63	1,053.59	550.21	503.39	90,629.07
64	1,053.59	553.24	500.35	90,075.83
65	1,053.59	556.30	497.29	89,519.53
66	1,053.59	559.37	494.22	88,960.16
67	1,053.59	562.46	491.13	88,397.70
68	1,053.59	565.56	488.03	87,832.14
69	1,053.59	568.69	484.91	87,263.45
70	1,053.59	571.83	481.77	86,691.63
71	1,053.59	574.98	478.61	86,116.64
72	1,053.59	578.16	475.44	85,538.49
73	1,053.59	581.35	472.24	84,957.14
74	1,053.59	584.56	469.03	84,372.58
75	1,053.59	587.79	465.81	83,784.79
76	1,053.59	591.03	462.56	83,193.76
77	1,053.59	594.29	459.30	82,599.47
78	1,053.59	597.57	456.02	82,001.89
79	1,053.59	600.87	452.72	81,401.02
80	1,053.59	604.19	449.40	80,796.83
81	1,053.59	607.53	446.07	80,189.30
82	1,053.59	610.88	442.71	79,578.42
83	1,053.59	614.25	439.34	78,964.17
84	1,053.59	617.64	435.95	78,346.52
85	1,053.59	621.05	432.54	77,725.47
86	1,053.59	624.48	429.11	77,100.99
87	1,053.59	627.93	425.66	76,473.06
88	1,053.59	631.40	422.19	75,841.66
89	1,053.59	634.88	418.71	75,206.77
90	1,053.59	638.39	415.20	74,568.39
91	1,053.59	641.91	411.68	73,926.47
92	1,053.59	645.46	408.14	73,281.02
93	1,053.59	649.02	404.57	72,632.00
94	1,053.59	652.60	400.99	71,979.39
95	1,053.59	656.21	397.39	71,323.19
96	1,053.59	659.83	393.76	70,663.36
97	1,053.59	663.47	390.12	69,999.89
98	1,053.59	667.13	386.46	69,332.75
99	1,053.59	670.82	382.77	68,661.93
100	1,053.59	674.52	379.07	67,987.41
101	1,053.59	678.25	375.35	67,309.17
102	1,053.59	681.99	371.60	66,627.18
103	1,053.59	685.75	367.84	65,941.42
104	1,053.59	689.54	364.05	65,251.88
105	1,053.59	693.35	360.24	64,558.53
106	1,053.59	697.18	356.42	63,861.36
107	1,053.59	701.02	352.57	63,160.33
108	1,053.59	704.89	348.70	62,455.44
109	1,053.59	708.79	344.81	61,746.65
110	1,053.59	712.70	340.89	61,033.95
111	1,053.59	716.63	336.96	60,317.32
112	1,053.59	720.59	333.00	59,596.73
113	1,053.59	724.57	329.02	58,872.16
114	1,053.59	728.57	325.02	58,143.59
115	1,053.59	732.59	321.00	57,411.00
116	1,053.59	736.64	316.96	56,674.36
117	1,053.59	740.70	312.89	55,933.66
118	1,053.59	744.79	308.80	55,188.87
119	1,053.59	748.90	304.69	54,439.96
120	1,053.59	753.04	300.55	53,686.92
121	1,053.59	757.20	296.40	52,929.73
122	1,053.59	761.38	292.22	52,168.35
123	1,053.59	765.58	288.01	51,402.77
124	1,053.59	769.81	283.79	50,632.97
125	1,053.59	774.06	279.54	49,858.91
126	1,053.59	778.33	275.26	49,080.58
127	1,053.59	782.63	270.97	48,297.95
128	1,053.59	786.95	266.64	47,511.00
129	1,053.59	791.29	262.30	46,719.71
130	1,053.59	795.66	257.93	45,924.05
131	1,053.59	800.05	253.54	45,124.00
132	1,053.59	804.47	249.12	44,319.53
133	1,053.59	808.91	244.68	43,510.62
134	1,053.59	813.38	240.21	42,697.24
135	1,053.59	817.87	235.72	41,879.37
136	1,053.59	822.38	231.21	41,056.99
137	1,053.59	826.92	226.67	40,230.06
138	1,053.59	831.49	222.10	39,398.57
139	1,053.59	836.08	217.51	38,562.49
140	1,053.59	840.70	212.90	37,721.80
141	1,053.59	845.34	208.26	36,876.46
142	1,053.59	850.00	203.59	36,026.46
143	1,053.59	854.70	198.90	35,171.76
144	1,053.59	859.42	194.18	34,312.35
145	1,053.59	864.16	189.43	33,448.19
146	1,053.59	868.93	184.66	32,579.26
147	1,053.59	873.73	179.86	31,705.53
148	1,053.59	878.55	175.04	30,826.98
149	1,053.59	883.40	170.19	29,943.58
150	1,053.59	888.28	165.31	29,055.30
151	1,053.59	893.18	160.41	28,162.11
152	1,053.59	898.11	155.48	27,264.00
153	1,053.59	903.07	150.52	26,360.93
154	1,053.59	908.06	145.53	25,452.87
155	1,053.59	913.07	140.52	24,539.80
156	1,053.59	918.11	135.48	23,621.68
157	1,053.59	923.18	130.41	22,698.50
158	1,053.59	928.28	125.31	21,770.23
159	1,053.59	933.40	120.19	20,836.82
160	1,053.59	938.56	115.04	19,898.27
161	1,053.59	943.74	109.86	18,954.53
162	1,053.59	948.95	104.64	18,005.58
163	1,053.59	954.19	99.41	17,051.39
164	1,053.59	959.45	94.14	16,091.94
165	1,053.59	964.75	88.84	15,127.19
166	1,053.59	970.08	83.51	14,157.11
167	1,053.59	975.43	78.16	13,181.68
168	1,053.59	980.82	72.77	12,200.86
169	1,053.59	986.23	67.36	11,214.62
170	1,053.59	991.68	61.91	10,222.95
171	1,053.59	997.15	56.44	9,225.79
172	1,053.59	1,002.66	50.93	8,223.13
173	1,053.59	1,008.19	45.40	7,214.94
174	1,053.59	1,013.76	39.83	6,201.18
175	1,053.59	1,019.36	34.24	5,181.82
176	1,053.59	1,024.98	28.61	4,156.84
177	1,053.59	1,030.64	22.95	3,126.20
178	1,053.59	1,036.33	17.26	2,089.86
179	1,053.59	1,042.05	11.54	1,047.81
180	1,053.59	1,047.81	5.78	0.00