Mortgage Loan of $120,000 for 15 Years at 7.10%

What's the payment on a 15 year home loan for $120k at 7.10% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $1,085.31

$13,024 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 7.10 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	1,085.31	375.31	710.00	119,624.69
2	1,085.31	377.53	707.78	119,247.15
3	1,085.31	379.77	705.55	118,867.38
4	1,085.31	382.02	703.30	118,485.37
5	1,085.31	384.28	701.04	118,101.09
6	1,085.31	386.55	698.76	117,714.54
7	1,085.31	388.84	696.48	117,325.71
8	1,085.31	391.14	694.18	116,934.57
9	1,085.31	393.45	691.86	116,541.12
10	1,085.31	395.78	689.53	116,145.34
11	1,085.31	398.12	687.19	115,747.22
12	1,085.31	400.48	684.84	115,346.74
13	1,085.31	402.85	682.47	114,943.90
14	1,085.31	405.23	680.08	114,538.67
15	1,085.31	407.63	677.69	114,131.04
16	1,085.31	410.04	675.28	113,721.00
17	1,085.31	412.46	672.85	113,308.54
18	1,085.31	414.91	670.41	112,893.63
19	1,085.31	417.36	667.95	112,476.27
20	1,085.31	419.83	665.48	112,056.44
21	1,085.31	422.31	663.00	111,634.13
22	1,085.31	424.81	660.50	111,209.32
23	1,085.31	427.33	657.99	110,781.99
24	1,085.31	429.85	655.46	110,352.14
25	1,085.31	432.40	652.92	109,919.74
26	1,085.31	434.96	650.36	109,484.79
27	1,085.31	437.53	647.78	109,047.26
28	1,085.31	440.12	645.20	108,607.14
29	1,085.31	442.72	642.59	108,164.42
30	1,085.31	445.34	639.97	107,719.08
31	1,085.31	447.98	637.34	107,271.10
32	1,085.31	450.63	634.69	106,820.48
33	1,085.31	453.29	632.02	106,367.18
34	1,085.31	455.97	629.34	105,911.21
35	1,085.31	458.67	626.64	105,452.54
36	1,085.31	461.39	623.93	104,991.15
37	1,085.31	464.12	621.20	104,527.03
38	1,085.31	466.86	618.45	104,060.17
39	1,085.31	469.62	615.69	103,590.55
40	1,085.31	472.40	612.91	103,118.14
41	1,085.31	475.20	610.12	102,642.94
42	1,085.31	478.01	607.30	102,164.93
43	1,085.31	480.84	604.48	101,684.10
44	1,085.31	483.68	601.63	101,200.41
45	1,085.31	486.54	598.77	100,713.87
46	1,085.31	489.42	595.89	100,224.44
47	1,085.31	492.32	592.99	99,732.13
48	1,085.31	495.23	590.08	99,236.89
49	1,085.31	498.16	587.15	98,738.73
50	1,085.31	501.11	584.20	98,237.62
51	1,085.31	504.07	581.24	97,733.55
52	1,085.31	507.06	578.26	97,226.49
53	1,085.31	510.06	575.26	96,716.43
54	1,085.31	513.08	572.24	96,203.36
55	1,085.31	516.11	569.20	95,687.25
56	1,085.31	519.16	566.15	95,168.08
57	1,085.31	522.24	563.08	94,645.85
58	1,085.31	525.33	559.99	94,120.52
59	1,085.31	528.43	556.88	93,592.09
60	1,085.31	531.56	553.75	93,060.52
61	1,085.31	534.71	550.61	92,525.82
62	1,085.31	537.87	547.44	91,987.95
63	1,085.31	541.05	544.26	91,446.90
64	1,085.31	544.25	541.06	90,902.64
65	1,085.31	547.47	537.84	90,355.17
66	1,085.31	550.71	534.60	89,804.46
67	1,085.31	553.97	531.34	89,250.49
68	1,085.31	557.25	528.07	88,693.24
69	1,085.31	560.55	524.77	88,132.69
70	1,085.31	563.86	521.45	87,568.83
71	1,085.31	567.20	518.12	87,001.63
72	1,085.31	570.55	514.76	86,431.08
73	1,085.31	573.93	511.38	85,857.15
74	1,085.31	577.33	507.99	85,279.82
75	1,085.31	580.74	504.57	84,699.08
76	1,085.31	584.18	501.14	84,114.90
77	1,085.31	587.63	497.68	83,527.27
78	1,085.31	591.11	494.20	82,936.16
79	1,085.31	594.61	490.71	82,341.55
80	1,085.31	598.13	487.19	81,743.42
81	1,085.31	601.67	483.65	81,141.76
82	1,085.31	605.23	480.09	80,536.53
83	1,085.31	608.81	476.51	79,927.73
84	1,085.31	612.41	472.91	79,315.32
85	1,085.31	616.03	469.28	78,699.29
86	1,085.31	619.68	465.64	78,079.61
87	1,085.31	623.34	461.97	77,456.27
88	1,085.31	627.03	458.28	76,829.24
89	1,085.31	630.74	454.57	76,198.50
90	1,085.31	634.47	450.84	75,564.02
91	1,085.31	638.23	447.09	74,925.80
92	1,085.31	642.00	443.31	74,283.79
93	1,085.31	645.80	439.51	73,637.99
94	1,085.31	649.62	435.69	72,988.37
95	1,085.31	653.47	431.85	72,334.90
96	1,085.31	657.33	427.98	71,677.57
97	1,085.31	661.22	424.09	71,016.35
98	1,085.31	665.13	420.18	70,351.22
99	1,085.31	669.07	416.24	69,682.15
100	1,085.31	673.03	412.29	69,009.12
101	1,085.31	677.01	408.30	68,332.11
102	1,085.31	681.02	404.30	67,651.09
103	1,085.31	685.04	400.27	66,966.05
104	1,085.31	689.10	396.22	66,276.95
105	1,085.31	693.18	392.14	65,583.77
106	1,085.31	697.28	388.04	64,886.50
107	1,085.31	701.40	383.91	64,185.10
108	1,085.31	705.55	379.76	63,479.54
109	1,085.31	709.73	375.59	62,769.82
110	1,085.31	713.93	371.39	62,055.89
111	1,085.31	718.15	367.16	61,337.74
112	1,085.31	722.40	362.91	60,615.34
113	1,085.31	726.67	358.64	59,888.67
114	1,085.31	730.97	354.34	59,157.70
115	1,085.31	735.30	350.02	58,422.40
116	1,085.31	739.65	345.67	57,682.75
117	1,085.31	744.02	341.29	56,938.73
118	1,085.31	748.43	336.89	56,190.30
119	1,085.31	752.85	332.46	55,437.45
120	1,085.31	757.31	328.00	54,680.14
121	1,085.31	761.79	323.52	53,918.35
122	1,085.31	766.30	319.02	53,152.05
123	1,085.31	770.83	314.48	52,381.22
124	1,085.31	775.39	309.92	51,605.83
125	1,085.31	779.98	305.33	50,825.85
126	1,085.31	784.59	300.72	50,041.25
127	1,085.31	789.24	296.08	49,252.02
128	1,085.31	793.91	291.41	48,458.11
129	1,085.31	798.60	286.71	47,659.51
130	1,085.31	803.33	281.99	46,856.18
131	1,085.31	808.08	277.23	46,048.10
132	1,085.31	812.86	272.45	45,235.23
133	1,085.31	817.67	267.64	44,417.56
134	1,085.31	822.51	262.80	43,595.05
135	1,085.31	827.38	257.94	42,767.68
136	1,085.31	832.27	253.04	41,935.40
137	1,085.31	837.20	248.12	41,098.21
138	1,085.31	842.15	243.16	40,256.06
139	1,085.31	847.13	238.18	39,408.93
140	1,085.31	852.14	233.17	38,556.78
141	1,085.31	857.19	228.13	37,699.60
142	1,085.31	862.26	223.06	36,837.34
143	1,085.31	867.36	217.95	35,969.98
144	1,085.31	872.49	212.82	35,097.49
145	1,085.31	877.65	207.66	34,219.83
146	1,085.31	882.85	202.47	33,336.99
147	1,085.31	888.07	197.24	32,448.92
148	1,085.31	893.32	191.99	31,555.59
149	1,085.31	898.61	186.70	30,656.98
150	1,085.31	903.93	181.39	29,753.05
151	1,085.31	909.28	176.04	28,843.78
152	1,085.31	914.65	170.66	27,929.12
153	1,085.31	920.07	165.25	27,009.06
154	1,085.31	925.51	159.80	26,083.55
155	1,085.31	930.99	154.33	25,152.56
156	1,085.31	936.49	148.82	24,216.07
157	1,085.31	942.04	143.28	23,274.03
158	1,085.31	947.61	137.70	22,326.42
159	1,085.31	953.22	132.10	21,373.21
160	1,085.31	958.86	126.46	20,414.35
161	1,085.31	964.53	120.78	19,449.82
162	1,085.31	970.24	115.08	18,479.59
163	1,085.31	975.98	109.34	17,503.61
164	1,085.31	981.75	103.56	16,521.86
165	1,085.31	987.56	97.75	15,534.30
166	1,085.31	993.40	91.91	14,540.90
167	1,085.31	999.28	86.03	13,541.62
168	1,085.31	1,005.19	80.12	12,536.42
169	1,085.31	1,011.14	74.17	11,525.28
170	1,085.31	1,017.12	68.19	10,508.16
171	1,085.31	1,023.14	62.17	9,485.02
172	1,085.31	1,029.19	56.12	8,455.83
173	1,085.31	1,035.28	50.03	7,420.54
174	1,085.31	1,041.41	43.90	6,379.13
175	1,085.31	1,047.57	37.74	5,331.56
176	1,085.31	1,053.77	31.55	4,277.79
177	1,085.31	1,060.00	25.31	3,217.79
178	1,085.31	1,066.28	19.04	2,151.51
179	1,085.31	1,072.58	12.73	1,078.93
180	1,085.31	1,078.93	6.38	0.00