Mortgage Loan of $120,000 for 15 Years at 6.85%

What's the payment on a 15 year home loan for $120k at 6.85% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $1,068.56

$12,823 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 6.85 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	1,068.56	383.56	685.00	119,616.44
2	1,068.56	385.75	682.81	119,230.70
3	1,068.56	387.95	680.61	118,842.75
4	1,068.56	390.16	678.39	118,452.59
5	1,068.56	392.39	676.17	118,060.20
6	1,068.56	394.63	673.93	117,665.57
7	1,068.56	396.88	671.67	117,268.69
8	1,068.56	399.15	669.41	116,869.55
9	1,068.56	401.43	667.13	116,468.12
10	1,068.56	403.72	664.84	116,064.40
11	1,068.56	406.02	662.53	115,658.38
12	1,068.56	408.34	660.22	115,250.04
13	1,068.56	410.67	657.89	114,839.37
14	1,068.56	413.01	655.54	114,426.36
15	1,068.56	415.37	653.18	114,010.99
16	1,068.56	417.74	650.81	113,593.24
17	1,068.56	420.13	648.43	113,173.12
18	1,068.56	422.53	646.03	112,750.59
19	1,068.56	424.94	643.62	112,325.65
20	1,068.56	427.36	641.19	111,898.29
21	1,068.56	429.80	638.75	111,468.49
22	1,068.56	432.26	636.30	111,036.23
23	1,068.56	434.72	633.83	110,601.51
24	1,068.56	437.21	631.35	110,164.30
25	1,068.56	439.70	628.85	109,724.60
26	1,068.56	442.21	626.34	109,282.39
27	1,068.56	444.74	623.82	108,837.65
28	1,068.56	447.27	621.28	108,390.38
29	1,068.56	449.83	618.73	107,940.55
30	1,068.56	452.39	616.16	107,488.16
31	1,068.56	454.98	613.58	107,033.18
32	1,068.56	457.57	610.98	106,575.61
33	1,068.56	460.19	608.37	106,115.42
34	1,068.56	462.81	605.74	105,652.61
35	1,068.56	465.46	603.10	105,187.15
36	1,068.56	468.11	600.44	104,719.04
37	1,068.56	470.78	597.77	104,248.25
38	1,068.56	473.47	595.08	103,774.78
39	1,068.56	476.17	592.38	103,298.61
40	1,068.56	478.89	589.66	102,819.71
41	1,068.56	481.63	586.93	102,338.09
42	1,068.56	484.38	584.18	101,853.71
43	1,068.56	487.14	581.41	101,366.57
44	1,068.56	489.92	578.63	100,876.65
45	1,068.56	492.72	575.84	100,383.93
46	1,068.56	495.53	573.02	99,888.40
47	1,068.56	498.36	570.20	99,390.04
48	1,068.56	501.20	567.35	98,888.84
49	1,068.56	504.07	564.49	98,384.77
50	1,068.56	506.94	561.61	97,877.83
51	1,068.56	509.84	558.72	97,367.99
52	1,068.56	512.75	555.81	96,855.25
53	1,068.56	515.67	552.88	96,339.57
54	1,068.56	518.62	549.94	95,820.96
55	1,068.56	521.58	546.98	95,299.38
56	1,068.56	524.56	544.00	94,774.82
57	1,068.56	527.55	541.01	94,247.27
58	1,068.56	530.56	537.99	93,716.71
59	1,068.56	533.59	534.97	93,183.12
60	1,068.56	536.64	531.92	92,646.49
61	1,068.56	539.70	528.86	92,106.79
62	1,068.56	542.78	525.78	91,564.01
63	1,068.56	545.88	522.68	91,018.13
64	1,068.56	548.99	519.56	90,469.14
65	1,068.56	552.13	516.43	89,917.01
66	1,068.56	555.28	513.28	89,361.73
67	1,068.56	558.45	510.11	88,803.28
68	1,068.56	561.64	506.92	88,241.65
69	1,068.56	564.84	503.71	87,676.80
70	1,068.56	568.07	500.49	87,108.74
71	1,068.56	571.31	497.25	86,537.43
72	1,068.56	574.57	493.98	85,962.85
73	1,068.56	577.85	490.70	85,385.00
74	1,068.56	581.15	487.41	84,803.85
75	1,068.56	584.47	484.09	84,219.39
76	1,068.56	587.80	480.75	83,631.58
77	1,068.56	591.16	477.40	83,040.42
78	1,068.56	594.53	474.02	82,445.89
79	1,068.56	597.93	470.63	81,847.96
80	1,068.56	601.34	467.22	81,246.62
81	1,068.56	604.77	463.78	80,641.85
82	1,068.56	608.23	460.33	80,033.63
83	1,068.56	611.70	456.86	79,421.93
84	1,068.56	615.19	453.37	78,806.74
85	1,068.56	618.70	449.86	78,188.04
86	1,068.56	622.23	446.32	77,565.81
87	1,068.56	625.78	442.77	76,940.02
88	1,068.56	629.36	439.20	76,310.67
89	1,068.56	632.95	435.61	75,677.72
90	1,068.56	636.56	431.99	75,041.16
91	1,068.56	640.20	428.36	74,400.96
92	1,068.56	643.85	424.71	73,757.11
93	1,068.56	647.53	421.03	73,109.59
94	1,068.56	651.22	417.33	72,458.36
95	1,068.56	654.94	413.62	71,803.42
96	1,068.56	658.68	409.88	71,144.75
97	1,068.56	662.44	406.12	70,482.31
98	1,068.56	666.22	402.34	69,816.09
99	1,068.56	670.02	398.53	69,146.07
100	1,068.56	673.85	394.71	68,472.22
101	1,068.56	677.69	390.86	67,794.53
102	1,068.56	681.56	386.99	67,112.97
103	1,068.56	685.45	383.10	66,427.51
104	1,068.56	689.37	379.19	65,738.15
105	1,068.56	693.30	375.26	65,044.85
106	1,068.56	697.26	371.30	64,347.59
107	1,068.56	701.24	367.32	63,646.35
108	1,068.56	705.24	363.31	62,941.11
109	1,068.56	709.27	359.29	62,231.84
110	1,068.56	713.32	355.24	61,518.53
111	1,068.56	717.39	351.17	60,801.14
112	1,068.56	721.48	347.07	60,079.66
113	1,068.56	725.60	342.95	59,354.06
114	1,068.56	729.74	338.81	58,624.31
115	1,068.56	733.91	334.65	57,890.41
116	1,068.56	738.10	330.46	57,152.31
117	1,068.56	742.31	326.24	56,410.00
118	1,068.56	746.55	322.01	55,663.45
119	1,068.56	750.81	317.75	54,912.64
120	1,068.56	755.10	313.46	54,157.54
121	1,068.56	759.41	309.15	53,398.14
122	1,068.56	763.74	304.81	52,634.39
123	1,068.56	768.10	300.45	51,866.29
124	1,068.56	772.49	296.07	51,093.81
125	1,068.56	776.90	291.66	50,316.91
126	1,068.56	781.33	287.23	49,535.58
127	1,068.56	785.79	282.77	48,749.79
128	1,068.56	790.28	278.28	47,959.52
129	1,068.56	794.79	273.77	47,164.73
130	1,068.56	799.32	269.23	46,365.41
131	1,068.56	803.89	264.67	45,561.52
132	1,068.56	808.48	260.08	44,753.04
133	1,068.56	813.09	255.47	43,939.95
134	1,068.56	817.73	250.82	43,122.22
135	1,068.56	822.40	246.16	42,299.82
136	1,068.56	827.09	241.46	41,472.73
137	1,068.56	831.82	236.74	40,640.91
138	1,068.56	836.56	231.99	39,804.35
139	1,068.56	841.34	227.22	38,963.01
140	1,068.56	846.14	222.41	38,116.87
141	1,068.56	850.97	217.58	37,265.90
142	1,068.56	855.83	212.73	36,410.07
143	1,068.56	860.71	207.84	35,549.35
144	1,068.56	865.63	202.93	34,683.72
145	1,068.56	870.57	197.99	33,813.16
146	1,068.56	875.54	193.02	32,937.62
147	1,068.56	880.54	188.02	32,057.08
148	1,068.56	885.56	182.99	31,171.52
149	1,068.56	890.62	177.94	30,280.90
150	1,068.56	895.70	172.85	29,385.20
151	1,068.56	900.82	167.74	28,484.38
152	1,068.56	905.96	162.60	27,578.42
153	1,068.56	911.13	157.43	26,667.29
154	1,068.56	916.33	152.23	25,750.97
155	1,068.56	921.56	147.00	24,829.40
156	1,068.56	926.82	141.73	23,902.58
157	1,068.56	932.11	136.44	22,970.47
158	1,068.56	937.43	131.12	22,033.04
159	1,068.56	942.78	125.77	21,090.26
160	1,068.56	948.17	120.39	20,142.09
161	1,068.56	953.58	114.98	19,188.51
162	1,068.56	959.02	109.53	18,229.49
163	1,068.56	964.50	104.06	17,265.00
164	1,068.56	970.00	98.55	16,294.99
165	1,068.56	975.54	93.02	15,319.46
166	1,068.56	981.11	87.45	14,338.35
167	1,068.56	986.71	81.85	13,351.64
168	1,068.56	992.34	76.22	12,359.30
169	1,068.56	998.00	70.55	11,361.30
170	1,068.56	1,003.70	64.85	10,357.59
171	1,068.56	1,009.43	59.12	9,348.16
172	1,068.56	1,015.19	53.36	8,332.97
173	1,068.56	1,020.99	47.57	7,311.98
174	1,068.56	1,026.82	41.74	6,285.17
175	1,068.56	1,032.68	35.88	5,252.49
176	1,068.56	1,038.57	29.98	4,213.92
177	1,068.56	1,044.50	24.05	3,169.41
178	1,068.56	1,050.46	18.09	2,118.95
179	1,068.56	1,056.46	12.10	1,062.49
180	1,068.56	1,062.49	6.07	0.00