Mortgage Loan of $120,000 for 15 Years at 6.875%

What's the payment on a 15 year home loan for $120k at 6.875% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $1,070.23

$12,843 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 6.875 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	1,070.23	382.73	687.50	119,617.27
2	1,070.23	384.92	685.31	119,232.36
3	1,070.23	387.12	683.10	118,845.23
4	1,070.23	389.34	680.88	118,455.89
5	1,070.23	391.57	678.65	118,064.32
6	1,070.23	393.82	676.41	117,670.51
7	1,070.23	396.07	674.15	117,274.43
8	1,070.23	398.34	671.88	116,876.09
9	1,070.23	400.62	669.60	116,475.47
10	1,070.23	402.92	667.31	116,072.55
11	1,070.23	405.23	665.00	115,667.33
12	1,070.23	407.55	662.68	115,259.78
13	1,070.23	409.88	660.34	114,849.90
14	1,070.23	412.23	657.99	114,437.67
15	1,070.23	414.59	655.63	114,023.07
16	1,070.23	416.97	653.26	113,606.11
17	1,070.23	419.36	650.87	113,186.75
18	1,070.23	421.76	648.47	112,764.99
19	1,070.23	424.18	646.05	112,340.81
20	1,070.23	426.61	643.62	111,914.21
21	1,070.23	429.05	641.18	111,485.16
22	1,070.23	431.51	638.72	111,053.65
23	1,070.23	433.98	636.24	110,619.67
24	1,070.23	436.47	633.76	110,183.20
25	1,070.23	438.97	631.26	109,744.23
26	1,070.23	441.48	628.74	109,302.75
27	1,070.23	444.01	626.21	108,858.74
28	1,070.23	446.56	623.67	108,412.19
29	1,070.23	449.11	621.11	107,963.07
30	1,070.23	451.69	618.54	107,511.39
31	1,070.23	454.27	615.95	107,057.11
32	1,070.23	456.88	613.35	106,600.23
33	1,070.23	459.49	610.73	106,140.74
34	1,070.23	462.13	608.10	105,678.61
35	1,070.23	464.77	605.45	105,213.84
36	1,070.23	467.44	602.79	104,746.40
37	1,070.23	470.12	600.11	104,276.28
38	1,070.23	472.81	597.42	103,803.47
39	1,070.23	475.52	594.71	103,327.96
40	1,070.23	478.24	591.98	102,849.71
41	1,070.23	480.98	589.24	102,368.73
42	1,070.23	483.74	586.49	101,885.00
43	1,070.23	486.51	583.72	101,398.49
44	1,070.23	489.30	580.93	100,909.19
45	1,070.23	492.10	578.13	100,417.09
46	1,070.23	494.92	575.31	99,922.17
47	1,070.23	497.75	572.47	99,424.42
48	1,070.23	500.61	569.62	98,923.81
49	1,070.23	503.47	566.75	98,420.34
50	1,070.23	506.36	563.87	97,913.98
51	1,070.23	509.26	560.97	97,404.72
52	1,070.23	512.18	558.05	96,892.54
53	1,070.23	515.11	555.11	96,377.43
54	1,070.23	518.06	552.16	95,859.37
55	1,070.23	521.03	549.19	95,338.34
56	1,070.23	524.02	546.21	94,814.32
57	1,070.23	527.02	543.21	94,287.30
58	1,070.23	530.04	540.19	93,757.26
59	1,070.23	533.07	537.15	93,224.19
60	1,070.23	536.13	534.10	92,688.06
61	1,070.23	539.20	531.03	92,148.86
62	1,070.23	542.29	527.94	91,606.57
63	1,070.23	545.40	524.83	91,061.18
64	1,070.23	548.52	521.70	90,512.66
65	1,070.23	551.66	518.56	89,960.99
66	1,070.23	554.82	515.40	89,406.17
67	1,070.23	558.00	512.22	88,848.17
68	1,070.23	561.20	509.03	88,286.97
69	1,070.23	564.41	505.81	87,722.55
70	1,070.23	567.65	502.58	87,154.90
71	1,070.23	570.90	499.32	86,584.00
72	1,070.23	574.17	496.05	86,009.83
73	1,070.23	577.46	492.76	85,432.37
74	1,070.23	580.77	489.46	84,851.60
75	1,070.23	584.10	486.13	84,267.51
76	1,070.23	587.44	482.78	83,680.07
77	1,070.23	590.81	479.42	83,089.26
78	1,070.23	594.19	476.03	82,495.06
79	1,070.23	597.60	472.63	81,897.47
80	1,070.23	601.02	469.20	81,296.45
81	1,070.23	604.46	465.76	80,691.98
82	1,070.23	607.93	462.30	80,084.05
83	1,070.23	611.41	458.81	79,472.64
84	1,070.23	614.91	455.31	78,857.73
85	1,070.23	618.44	451.79	78,239.29
86	1,070.23	621.98	448.25	77,617.32
87	1,070.23	625.54	444.68	76,991.77
88	1,070.23	629.13	441.10	76,362.65
89	1,070.23	632.73	437.49	75,729.92
90	1,070.23	636.36	433.87	75,093.56
91	1,070.23	640.00	430.22	74,453.56
92	1,070.23	643.67	426.56	73,809.89
93	1,070.23	647.36	422.87	73,162.53
94	1,070.23	651.06	419.16	72,511.47
95	1,070.23	654.79	415.43	71,856.67
96	1,070.23	658.55	411.68	71,198.13
97	1,070.23	662.32	407.91	70,535.81
98	1,070.23	666.11	404.11	69,869.69
99	1,070.23	669.93	400.30	69,199.76
100	1,070.23	673.77	396.46	68,526.00
101	1,070.23	677.63	392.60	67,848.37
102	1,070.23	681.51	388.71	67,166.86
103	1,070.23	685.42	384.81	66,481.44
104	1,070.23	689.34	380.88	65,792.10
105	1,070.23	693.29	376.93	65,098.81
106	1,070.23	697.26	372.96	64,401.55
107	1,070.23	701.26	368.97	63,700.29
108	1,070.23	705.28	364.95	62,995.01
109	1,070.23	709.32	360.91	62,285.70
110	1,070.23	713.38	356.85	61,572.32
111	1,070.23	717.47	352.76	60,854.85
112	1,070.23	721.58	348.65	60,133.27
113	1,070.23	725.71	344.51	59,407.56
114	1,070.23	729.87	340.36	58,677.69
115	1,070.23	734.05	336.17	57,943.64
116	1,070.23	738.26	331.97	57,205.38
117	1,070.23	742.49	327.74	56,462.90
118	1,070.23	746.74	323.49	55,716.16
119	1,070.23	751.02	319.21	54,965.14
120	1,070.23	755.32	314.90	54,209.82
121	1,070.23	759.65	310.58	53,450.17
122	1,070.23	764.00	306.22	52,686.17
123	1,070.23	768.38	301.85	51,917.79
124	1,070.23	772.78	297.45	51,145.01
125	1,070.23	777.21	293.02	50,367.81
126	1,070.23	781.66	288.57	49,586.15
127	1,070.23	786.14	284.09	48,800.01
128	1,070.23	790.64	279.58	48,009.37
129	1,070.23	795.17	275.05	47,214.19
130	1,070.23	799.73	270.50	46,414.47
131	1,070.23	804.31	265.92	45,610.16
132	1,070.23	808.92	261.31	44,801.24
133	1,070.23	813.55	256.67	43,987.69
134	1,070.23	818.21	252.01	43,169.48
135	1,070.23	822.90	247.33	42,346.58
136	1,070.23	827.61	242.61	41,518.96
137	1,070.23	832.36	237.87	40,686.61
138	1,070.23	837.12	233.10	39,849.48
139	1,070.23	841.92	228.30	39,007.56
140	1,070.23	846.74	223.48	38,160.82
141	1,070.23	851.60	218.63	37,309.22
142	1,070.23	856.47	213.75	36,452.75
143	1,070.23	861.38	208.84	35,591.36
144	1,070.23	866.32	203.91	34,725.05
145	1,070.23	871.28	198.95	33,853.77
146	1,070.23	876.27	193.95	32,977.50
147	1,070.23	881.29	188.93	32,096.21
148	1,070.23	886.34	183.88	31,209.87
149	1,070.23	891.42	178.81	30,318.45
150	1,070.23	896.53	173.70	29,421.92
151	1,070.23	901.66	168.56	28,520.26
152	1,070.23	906.83	163.40	27,613.43
153	1,070.23	912.02	158.20	26,701.41
154	1,070.23	917.25	152.98	25,784.16
155	1,070.23	922.50	147.72	24,861.66
156	1,070.23	927.79	142.44	23,933.87
157	1,070.23	933.10	137.12	23,000.76
158	1,070.23	938.45	131.78	22,062.31
159	1,070.23	943.83	126.40	21,118.49
160	1,070.23	949.23	120.99	20,169.25
161	1,070.23	954.67	115.55	19,214.58
162	1,070.23	960.14	110.08	18,254.44
163	1,070.23	965.64	104.58	17,288.80
164	1,070.23	971.17	99.05	16,317.62
165	1,070.23	976.74	93.49	15,340.88
166	1,070.23	982.33	87.89	14,358.55
167	1,070.23	987.96	82.26	13,370.59
168	1,070.23	993.62	76.60	12,376.96
169	1,070.23	999.32	70.91	11,377.65
170	1,070.23	1,005.04	65.18	10,372.61
171	1,070.23	1,010.80	59.43	9,361.81
172	1,070.23	1,016.59	53.64	8,345.22
173	1,070.23	1,022.41	47.81	7,322.80
174	1,070.23	1,028.27	41.95	6,294.53
175	1,070.23	1,034.16	36.06	5,260.37
176	1,070.23	1,040.09	30.14	4,220.28
177	1,070.23	1,046.05	24.18	3,174.23
178	1,070.23	1,052.04	18.19	2,122.20
179	1,070.23	1,058.07	12.16	1,064.13
180	1,070.23	1,064.13	6.10	0.00