Mortgage Loan of $120,000 for 15 Years at 6.95%

What's the payment on a 15 year home loan for $120k at 6.95% interest?
Loan Amount
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Interest Rate
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Results
Monthly payment: $1,075.24
$12,903 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 6.95 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 1,075.24 380.24 695.00 119,619.76
2 1,075.24 382.44 692.80 119,237.31
3 1,075.24 384.66 690.58 118,852.65
4 1,075.24 386.89 688.35 118,465.77
5 1,075.24 389.13 686.11 118,076.64
6 1,075.24 391.38 683.86 117,685.26
7 1,075.24 393.65 681.59 117,291.61
8 1,075.24 395.93 679.31 116,895.68
9 1,075.24 398.22 677.02 116,497.46
10 1,075.24 400.53 674.71 116,096.93
11 1,075.24 402.85 672.39 115,694.08
12 1,075.24 405.18 670.06 115,288.90
13 1,075.24 407.53 667.71 114,881.38
14 1,075.24 409.89 665.35 114,471.49
15 1,075.24 412.26 662.98 114,059.23
16 1,075.24 414.65 660.59 113,644.58
17 1,075.24 417.05 658.19 113,227.53
18 1,075.24 419.47 655.78 112,808.06
19 1,075.24 421.90 653.35 112,386.16
20 1,075.24 424.34 650.90 111,961.83
21 1,075.24 426.80 648.45 111,535.03
22 1,075.24 429.27 645.97 111,105.76
23 1,075.24 431.75 643.49 110,674.01
24 1,075.24 434.26 640.99 110,239.75
25 1,075.24 436.77 638.47 109,802.98
26 1,075.24 439.30 635.94 109,363.68
27 1,075.24 441.84 633.40 108,921.84
28 1,075.24 444.40 630.84 108,477.43
29 1,075.24 446.98 628.27 108,030.45
30 1,075.24 449.57 625.68 107,580.89
31 1,075.24 452.17 623.07 107,128.72
32 1,075.24 454.79 620.45 106,673.93
33 1,075.24 457.42 617.82 106,216.51
34 1,075.24 460.07 615.17 105,756.44
35 1,075.24 462.74 612.51 105,293.70
36 1,075.24 465.42 609.83 104,828.28
37 1,075.24 468.11 607.13 104,360.17
38 1,075.24 470.82 604.42 103,889.35
39 1,075.24 473.55 601.69 103,415.80
40 1,075.24 476.29 598.95 102,939.51
41 1,075.24 479.05 596.19 102,460.46
42 1,075.24 481.83 593.42 101,978.63
43 1,075.24 484.62 590.63 101,494.01
44 1,075.24 487.42 587.82 101,006.59
45 1,075.24 490.25 585.00 100,516.35
46 1,075.24 493.09 582.16 100,023.26
47 1,075.24 495.94 579.30 99,527.32
48 1,075.24 498.81 576.43 99,028.51
49 1,075.24 501.70 573.54 98,526.81
50 1,075.24 504.61 570.63 98,022.20
51 1,075.24 507.53 567.71 97,514.67
52 1,075.24 510.47 564.77 97,004.20
53 1,075.24 513.43 561.82 96,490.77
54 1,075.24 516.40 558.84 95,974.37
55 1,075.24 519.39 555.85 95,454.98
56 1,075.24 522.40 552.84 94,932.58
57 1,075.24 525.42 549.82 94,407.16
58 1,075.24 528.47 546.77 93,878.69
59 1,075.24 531.53 543.71 93,347.16
60 1,075.24 534.61 540.64 92,812.55
61 1,075.24 537.70 537.54 92,274.85
62 1,075.24 540.82 534.43 91,734.03
63 1,075.24 543.95 531.29 91,190.09
64 1,075.24 547.10 528.14 90,642.99
65 1,075.24 550.27 524.97 90,092.72
66 1,075.24 553.46 521.79 89,539.26
67 1,075.24 556.66 518.58 88,982.60
68 1,075.24 559.88 515.36 88,422.72
69 1,075.24 563.13 512.11 87,859.59
70 1,075.24 566.39 508.85 87,293.20
71 1,075.24 569.67 505.57 86,723.53
72 1,075.24 572.97 502.27 86,150.56
73 1,075.24 576.29 498.96 85,574.28
74 1,075.24 579.62 495.62 84,994.65
75 1,075.24 582.98 492.26 84,411.67
76 1,075.24 586.36 488.88 83,825.31
77 1,075.24 589.75 485.49 83,235.56
78 1,075.24 593.17 482.07 82,642.39
79 1,075.24 596.61 478.64 82,045.78
80 1,075.24 600.06 475.18 81,445.72
81 1,075.24 603.54 471.71 80,842.19
82 1,075.24 607.03 468.21 80,235.16
83 1,075.24 610.55 464.70 79,624.61
84 1,075.24 614.08 461.16 79,010.53
85 1,075.24 617.64 457.60 78,392.89
86 1,075.24 621.22 454.03 77,771.67
87 1,075.24 624.81 450.43 77,146.85
88 1,075.24 628.43 446.81 76,518.42
89 1,075.24 632.07 443.17 75,886.35
90 1,075.24 635.73 439.51 75,250.61
91 1,075.24 639.42 435.83 74,611.20
92 1,075.24 643.12 432.12 73,968.08
93 1,075.24 646.84 428.40 73,321.24
94 1,075.24 650.59 424.65 72,670.65
95 1,075.24 654.36 420.88 72,016.29
96 1,075.24 658.15 417.09 71,358.14
97 1,075.24 661.96 413.28 70,696.18
98 1,075.24 665.79 409.45 70,030.39
99 1,075.24 669.65 405.59 69,360.74
100 1,075.24 673.53 401.71 68,687.21
101 1,075.24 677.43 397.81 68,009.78
102 1,075.24 681.35 393.89 67,328.43
103 1,075.24 685.30 389.94 66,643.13
104 1,075.24 689.27 385.97 65,953.86
105 1,075.24 693.26 381.98 65,260.60
106 1,075.24 697.27 377.97 64,563.33
107 1,075.24 701.31 373.93 63,862.01
108 1,075.24 705.37 369.87 63,156.64
109 1,075.24 709.46 365.78 62,447.18
110 1,075.24 713.57 361.67 61,733.61
111 1,075.24 717.70 357.54 61,015.91
112 1,075.24 721.86 353.38 60,294.05
113 1,075.24 726.04 349.20 59,568.01
114 1,075.24 730.24 345.00 58,837.77
115 1,075.24 734.47 340.77 58,103.29
116 1,075.24 738.73 336.51 57,364.57
117 1,075.24 743.01 332.24 56,621.56
118 1,075.24 747.31 327.93 55,874.25
119 1,075.24 751.64 323.61 55,122.61
120 1,075.24 755.99 319.25 54,366.62
121 1,075.24 760.37 314.87 53,606.25
122 1,075.24 764.77 310.47 52,841.48
123 1,075.24 769.20 306.04 52,072.28
124 1,075.24 773.66 301.59 51,298.62
125 1,075.24 778.14 297.10 50,520.49
126 1,075.24 782.64 292.60 49,737.84
127 1,075.24 787.18 288.06 48,950.66
128 1,075.24 791.74 283.51 48,158.93
129 1,075.24 796.32 278.92 47,362.61
130 1,075.24 800.93 274.31 46,561.67
131 1,075.24 805.57 269.67 45,756.10
132 1,075.24 810.24 265.00 44,945.86
133 1,075.24 814.93 260.31 44,130.93
134 1,075.24 819.65 255.59 43,311.28
135 1,075.24 824.40 250.84 42,486.88
136 1,075.24 829.17 246.07 41,657.71
137 1,075.24 833.97 241.27 40,823.73
138 1,075.24 838.80 236.44 39,984.93
139 1,075.24 843.66 231.58 39,141.27
140 1,075.24 848.55 226.69 38,292.72
141 1,075.24 853.46 221.78 37,439.25
142 1,075.24 858.41 216.84 36,580.85
143 1,075.24 863.38 211.86 35,717.47
144 1,075.24 868.38 206.86 34,849.09
145 1,075.24 873.41 201.83 33,975.68
146 1,075.24 878.47 196.78 33,097.22
147 1,075.24 883.55 191.69 32,213.66
148 1,075.24 888.67 186.57 31,324.99
149 1,075.24 893.82 181.42 30,431.17
150 1,075.24 899.00 176.25 29,532.18
151 1,075.24 904.20 171.04 28,627.98
152 1,075.24 909.44 165.80 27,718.54
153 1,075.24 914.71 160.54 26,803.83
154 1,075.24 920.00 155.24 25,883.83
155 1,075.24 925.33 149.91 24,958.50
156 1,075.24 930.69 144.55 24,027.81
157 1,075.24 936.08 139.16 23,091.72
158 1,075.24 941.50 133.74 22,150.22
159 1,075.24 946.96 128.29 21,203.27
160 1,075.24 952.44 122.80 20,250.83
161 1,075.24 957.96 117.29 19,292.87
162 1,075.24 963.50 111.74 18,329.37
163 1,075.24 969.08 106.16 17,360.28
164 1,075.24 974.70 100.54 16,385.58
165 1,075.24 980.34 94.90 15,405.24
166 1,075.24 986.02 89.22 14,419.22
167 1,075.24 991.73 83.51 13,427.49
168 1,075.24 997.47 77.77 12,430.01
169 1,075.24 1,003.25 71.99 11,426.76
170 1,075.24 1,009.06 66.18 10,417.70
171 1,075.24 1,014.91 60.34 9,402.79
172 1,075.24 1,020.78 54.46 8,382.01
173 1,075.24 1,026.70 48.55 7,355.31
174 1,075.24 1,032.64 42.60 6,322.67
175 1,075.24 1,038.62 36.62 5,284.05
176 1,075.24 1,044.64 30.60 4,239.41
177 1,075.24 1,050.69 24.55 3,188.72
178 1,075.24 1,056.77 18.47 2,131.95
179 1,075.24 1,062.89 12.35 1,069.05
180 1,075.24 1,069.05 6.19 0.00
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