Mortgage Loan of $120,000 for 15 Years at 7.00%

What's the payment on a 15 year home loan for $120k at 7.00% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $1,078.59

$12,943 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 7.00 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	1,078.59	378.59	700.00	119,621.41
2	1,078.59	380.80	697.79	119,240.60
3	1,078.59	383.02	695.57	118,857.58
4	1,078.59	385.26	693.34	118,472.32
5	1,078.59	387.51	691.09	118,084.82
6	1,078.59	389.77	688.83	117,695.05
7	1,078.59	392.04	686.55	117,303.01
8	1,078.59	394.33	684.27	116,908.68
9	1,078.59	396.63	681.97	116,512.06
10	1,078.59	398.94	679.65	116,113.12
11	1,078.59	401.27	677.33	115,711.85
12	1,078.59	403.61	674.99	115,308.24
13	1,078.59	405.96	672.63	114,902.28
14	1,078.59	408.33	670.26	114,493.95
15	1,078.59	410.71	667.88	114,083.24
16	1,078.59	413.11	665.49	113,670.13
17	1,078.59	415.52	663.08	113,254.61
18	1,078.59	417.94	660.65	112,836.67
19	1,078.59	420.38	658.21	112,416.29
20	1,078.59	422.83	655.76	111,993.46
21	1,078.59	425.30	653.30	111,568.16
22	1,078.59	427.78	650.81	111,140.38
23	1,078.59	430.28	648.32	110,710.10
24	1,078.59	432.78	645.81	110,277.32
25	1,078.59	435.31	643.28	109,842.01
26	1,078.59	437.85	640.75	109,404.16
27	1,078.59	440.40	638.19	108,963.76
28	1,078.59	442.97	635.62	108,520.78
29	1,078.59	445.56	633.04	108,075.23
30	1,078.59	448.16	630.44	107,627.07
31	1,078.59	450.77	627.82	107,176.30
32	1,078.59	453.40	625.20	106,722.90
33	1,078.59	456.04	622.55	106,266.86
34	1,078.59	458.70	619.89	105,808.16
35	1,078.59	461.38	617.21	105,346.78
36	1,078.59	464.07	614.52	104,882.71
37	1,078.59	466.78	611.82	104,415.93
38	1,078.59	469.50	609.09	103,946.43
39	1,078.59	472.24	606.35	103,474.19
40	1,078.59	474.99	603.60	102,999.19
41	1,078.59	477.77	600.83	102,521.43
42	1,078.59	480.55	598.04	102,040.88
43	1,078.59	483.36	595.24	101,557.52
44	1,078.59	486.18	592.42	101,071.34
45	1,078.59	489.01	589.58	100,582.33
46	1,078.59	491.86	586.73	100,090.47
47	1,078.59	494.73	583.86	99,595.74
48	1,078.59	497.62	580.98	99,098.12
49	1,078.59	500.52	578.07	98,597.60
50	1,078.59	503.44	575.15	98,094.16
51	1,078.59	506.38	572.22	97,587.78
52	1,078.59	509.33	569.26	97,078.45
53	1,078.59	512.30	566.29	96,566.14
54	1,078.59	515.29	563.30	96,050.85
55	1,078.59	518.30	560.30	95,532.55
56	1,078.59	521.32	557.27	95,011.23
57	1,078.59	524.36	554.23	94,486.87
58	1,078.59	527.42	551.17	93,959.45
59	1,078.59	530.50	548.10	93,428.95
60	1,078.59	533.59	545.00	92,895.36
61	1,078.59	536.70	541.89	92,358.66
62	1,078.59	539.84	538.76	91,818.82
63	1,078.59	542.98	535.61	91,275.84
64	1,078.59	546.15	532.44	90,729.69
65	1,078.59	549.34	529.26	90,180.35
66	1,078.59	552.54	526.05	89,627.81
67	1,078.59	555.77	522.83	89,072.04
68	1,078.59	559.01	519.59	88,513.04
69	1,078.59	562.27	516.33	87,950.77
70	1,078.59	565.55	513.05	87,385.22
71	1,078.59	568.85	509.75	86,816.37
72	1,078.59	572.17	506.43	86,244.21
73	1,078.59	575.50	503.09	85,668.71
74	1,078.59	578.86	499.73	85,089.85
75	1,078.59	582.24	496.36	84,507.61
76	1,078.59	585.63	492.96	83,921.98
77	1,078.59	589.05	489.54	83,332.93
78	1,078.59	592.49	486.11	82,740.44
79	1,078.59	595.94	482.65	82,144.50
80	1,078.59	599.42	479.18	81,545.08
81	1,078.59	602.91	475.68	80,942.17
82	1,078.59	606.43	472.16	80,335.74
83	1,078.59	609.97	468.63	79,725.77
84	1,078.59	613.53	465.07	79,112.24
85	1,078.59	617.11	461.49	78,495.14
86	1,078.59	620.71	457.89	77,874.43
87	1,078.59	624.33	454.27	77,250.10
88	1,078.59	627.97	450.63	76,622.14
89	1,078.59	631.63	446.96	75,990.50
90	1,078.59	635.32	443.28	75,355.19
91	1,078.59	639.02	439.57	74,716.17
92	1,078.59	642.75	435.84	74,073.42
93	1,078.59	646.50	432.09	73,426.92
94	1,078.59	650.27	428.32	72,776.65
95	1,078.59	654.06	424.53	72,122.58
96	1,078.59	657.88	420.72	71,464.71
97	1,078.59	661.72	416.88	70,802.99
98	1,078.59	665.58	413.02	70,137.41
99	1,078.59	669.46	409.13	69,467.95
100	1,078.59	673.36	405.23	68,794.59
101	1,078.59	677.29	401.30	68,117.30
102	1,078.59	681.24	397.35	67,436.05
103	1,078.59	685.22	393.38	66,750.84
104	1,078.59	689.21	389.38	66,061.62
105	1,078.59	693.23	385.36	65,368.39
106	1,078.59	697.28	381.32	64,671.11
107	1,078.59	701.35	377.25	63,969.76
108	1,078.59	705.44	373.16	63,264.33
109	1,078.59	709.55	369.04	62,554.78
110	1,078.59	713.69	364.90	61,841.08
111	1,078.59	717.85	360.74	61,123.23
112	1,078.59	722.04	356.55	60,401.19
113	1,078.59	726.25	352.34	59,674.93
114	1,078.59	730.49	348.10	58,944.44
115	1,078.59	734.75	343.84	58,209.69
116	1,078.59	739.04	339.56	57,470.66
117	1,078.59	743.35	335.25	56,727.31
118	1,078.59	747.68	330.91	55,979.62
119	1,078.59	752.05	326.55	55,227.58
120	1,078.59	756.43	322.16	54,471.14
121	1,078.59	760.85	317.75	53,710.30
122	1,078.59	765.28	313.31	52,945.01
123	1,078.59	769.75	308.85	52,175.27
124	1,078.59	774.24	304.36	51,401.03
125	1,078.59	778.75	299.84	50,622.27
126	1,078.59	783.30	295.30	49,838.98
127	1,078.59	787.87	290.73	49,051.11
128	1,078.59	792.46	286.13	48,258.65
129	1,078.59	797.09	281.51	47,461.56
130	1,078.59	801.73	276.86	46,659.83
131	1,078.59	806.41	272.18	45,853.42
132	1,078.59	811.12	267.48	45,042.30
133	1,078.59	815.85	262.75	44,226.45
134	1,078.59	820.61	257.99	43,405.85
135	1,078.59	825.39	253.20	42,580.45
136	1,078.59	830.21	248.39	41,750.24
137	1,078.59	835.05	243.54	40,915.19
138	1,078.59	839.92	238.67	40,075.27
139	1,078.59	844.82	233.77	39,230.45
140	1,078.59	849.75	228.84	38,380.70
141	1,078.59	854.71	223.89	37,525.99
142	1,078.59	859.69	218.90	36,666.30
143	1,078.59	864.71	213.89	35,801.60
144	1,078.59	869.75	208.84	34,931.84
145	1,078.59	874.82	203.77	34,057.02
146	1,078.59	879.93	198.67	33,177.09
147	1,078.59	885.06	193.53	32,292.03
148	1,078.59	890.22	188.37	31,401.81
149	1,078.59	895.42	183.18	30,506.39
150	1,078.59	900.64	177.95	29,605.75
151	1,078.59	905.89	172.70	28,699.86
152	1,078.59	911.18	167.42	27,788.68
153	1,078.59	916.49	162.10	26,872.18
154	1,078.59	921.84	156.75	25,950.35
155	1,078.59	927.22	151.38	25,023.13
156	1,078.59	932.63	145.97	24,090.50
157	1,078.59	938.07	140.53	23,152.44
158	1,078.59	943.54	135.06	22,208.90
159	1,078.59	949.04	129.55	21,259.86
160	1,078.59	954.58	124.02	20,305.28
161	1,078.59	960.15	118.45	19,345.13
162	1,078.59	965.75	112.85	18,379.38
163	1,078.59	971.38	107.21	17,408.00
164	1,078.59	977.05	101.55	16,430.96
165	1,078.59	982.75	95.85	15,448.21
166	1,078.59	988.48	90.11	14,459.73
167	1,078.59	994.25	84.35	13,465.48
168	1,078.59	1,000.05	78.55	12,465.44
169	1,078.59	1,005.88	72.72	11,459.56
170	1,078.59	1,011.75	66.85	10,447.81
171	1,078.59	1,017.65	60.95	9,430.17
172	1,078.59	1,023.58	55.01	8,406.58
173	1,078.59	1,029.56	49.04	7,377.03
174	1,078.59	1,035.56	43.03	6,341.46
175	1,078.59	1,041.60	36.99	5,299.86
176	1,078.59	1,047.68	30.92	4,252.18
177	1,078.59	1,053.79	24.80	3,198.39
178	1,078.59	1,059.94	18.66	2,138.46
179	1,078.59	1,066.12	12.47	1,072.34
180	1,078.59	1,072.34	6.26	0.00