Mortgage Loan of $120,000 for 15 Years at 7.20%

What's the payment on a 15 year home loan for $120k at 7.20% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $1,092.06
$13,105 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 7.20 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 1,092.06 372.06 720.00 119,627.94
2 1,092.06 374.29 717.77 119,253.66
3 1,092.06 376.53 715.52 118,877.12
4 1,092.06 378.79 713.26 118,498.33
5 1,092.06 381.07 710.99 118,117.26
6 1,092.06 383.35 708.70 117,733.91
7 1,092.06 385.65 706.40 117,348.26
8 1,092.06 387.97 704.09 116,960.29
9 1,092.06 390.29 701.76 116,570.00
10 1,092.06 392.64 699.42 116,177.36
11 1,092.06 394.99 697.06 115,782.37
12 1,092.06 397.36 694.69 115,385.01
13 1,092.06 399.75 692.31 114,985.26
14 1,092.06 402.14 689.91 114,583.12
15 1,092.06 404.56 687.50 114,178.56
16 1,092.06 406.98 685.07 113,771.57
17 1,092.06 409.43 682.63 113,362.15
18 1,092.06 411.88 680.17 112,950.26
19 1,092.06 414.35 677.70 112,535.91
20 1,092.06 416.84 675.22 112,119.07
21 1,092.06 419.34 672.71 111,699.73
22 1,092.06 421.86 670.20 111,277.87
23 1,092.06 424.39 667.67 110,853.48
24 1,092.06 426.94 665.12 110,426.54
25 1,092.06 429.50 662.56 109,997.05
26 1,092.06 432.07 659.98 109,564.97
27 1,092.06 434.67 657.39 109,130.31
28 1,092.06 437.27 654.78 108,693.03
29 1,092.06 439.90 652.16 108,253.14
30 1,092.06 442.54 649.52 107,810.60
31 1,092.06 445.19 646.86 107,365.41
32 1,092.06 447.86 644.19 106,917.54
33 1,092.06 450.55 641.51 106,466.99
34 1,092.06 453.25 638.80 106,013.74
35 1,092.06 455.97 636.08 105,557.76
36 1,092.06 458.71 633.35 105,099.05
37 1,092.06 461.46 630.59 104,637.59
38 1,092.06 464.23 627.83 104,173.36
39 1,092.06 467.02 625.04 103,706.35
40 1,092.06 469.82 622.24 103,236.53
41 1,092.06 472.64 619.42 102,763.89
42 1,092.06 475.47 616.58 102,288.42
43 1,092.06 478.33 613.73 101,810.09
44 1,092.06 481.20 610.86 101,328.90
45 1,092.06 484.08 607.97 100,844.81
46 1,092.06 486.99 605.07 100,357.83
47 1,092.06 489.91 602.15 99,867.92
48 1,092.06 492.85 599.21 99,375.07
49 1,092.06 495.81 596.25 98,879.26
50 1,092.06 498.78 593.28 98,380.48
51 1,092.06 501.77 590.28 97,878.71
52 1,092.06 504.78 587.27 97,373.93
53 1,092.06 507.81 584.24 96,866.11
54 1,092.06 510.86 581.20 96,355.25
55 1,092.06 513.92 578.13 95,841.33
56 1,092.06 517.01 575.05 95,324.32
57 1,092.06 520.11 571.95 94,804.21
58 1,092.06 523.23 568.83 94,280.98
59 1,092.06 526.37 565.69 93,754.61
60 1,092.06 529.53 562.53 93,225.08
61 1,092.06 532.71 559.35 92,692.38
62 1,092.06 535.90 556.15 92,156.47
63 1,092.06 539.12 552.94 91,617.36
64 1,092.06 542.35 549.70 91,075.01
65 1,092.06 545.61 546.45 90,529.40
66 1,092.06 548.88 543.18 89,980.52
67 1,092.06 552.17 539.88 89,428.35
68 1,092.06 555.49 536.57 88,872.86
69 1,092.06 558.82 533.24 88,314.04
70 1,092.06 562.17 529.88 87,751.87
71 1,092.06 565.54 526.51 87,186.33
72 1,092.06 568.94 523.12 86,617.39
73 1,092.06 572.35 519.70 86,045.04
74 1,092.06 575.79 516.27 85,469.25
75 1,092.06 579.24 512.82 84,890.01
76 1,092.06 582.72 509.34 84,307.29
77 1,092.06 586.21 505.84 83,721.08
78 1,092.06 589.73 502.33 83,131.35
79 1,092.06 593.27 498.79 82,538.08
80 1,092.06 596.83 495.23 81,941.26
81 1,092.06 600.41 491.65 81,340.85
82 1,092.06 604.01 488.05 80,736.84
83 1,092.06 607.64 484.42 80,129.20
84 1,092.06 611.28 480.78 79,517.92
85 1,092.06 614.95 477.11 78,902.97
86 1,092.06 618.64 473.42 78,284.33
87 1,092.06 622.35 469.71 77,661.98
88 1,092.06 626.08 465.97 77,035.90
89 1,092.06 629.84 462.22 76,406.06
90 1,092.06 633.62 458.44 75,772.44
91 1,092.06 637.42 454.63 75,135.02
92 1,092.06 641.25 450.81 74,493.77
93 1,092.06 645.09 446.96 73,848.68
94 1,092.06 648.96 443.09 73,199.71
95 1,092.06 652.86 439.20 72,546.86
96 1,092.06 656.77 435.28 71,890.08
97 1,092.06 660.72 431.34 71,229.36
98 1,092.06 664.68 427.38 70,564.69
99 1,092.06 668.67 423.39 69,896.02
100 1,092.06 672.68 419.38 69,223.34
101 1,092.06 676.72 415.34 68,546.62
102 1,092.06 680.78 411.28 67,865.84
103 1,092.06 684.86 407.20 67,180.98
104 1,092.06 688.97 403.09 66,492.01
105 1,092.06 693.10 398.95 65,798.91
106 1,092.06 697.26 394.79 65,101.65
107 1,092.06 701.45 390.61 64,400.20
108 1,092.06 705.65 386.40 63,694.55
109 1,092.06 709.89 382.17 62,984.66
110 1,092.06 714.15 377.91 62,270.51
111 1,092.06 718.43 373.62 61,552.08
112 1,092.06 722.74 369.31 60,829.33
113 1,092.06 727.08 364.98 60,102.25
114 1,092.06 731.44 360.61 59,370.81
115 1,092.06 735.83 356.22 58,634.98
116 1,092.06 740.25 351.81 57,894.73
117 1,092.06 744.69 347.37 57,150.04
118 1,092.06 749.16 342.90 56,400.89
119 1,092.06 753.65 338.41 55,647.24
120 1,092.06 758.17 333.88 54,889.07
121 1,092.06 762.72 329.33 54,126.34
122 1,092.06 767.30 324.76 53,359.05
123 1,092.06 771.90 320.15 52,587.14
124 1,092.06 776.53 315.52 51,810.61
125 1,092.06 781.19 310.86 51,029.42
126 1,092.06 785.88 306.18 50,243.54
127 1,092.06 790.59 301.46 49,452.94
128 1,092.06 795.34 296.72 48,657.60
129 1,092.06 800.11 291.95 47,857.49
130 1,092.06 804.91 287.14 47,052.58
131 1,092.06 809.74 282.32 46,242.84
132 1,092.06 814.60 277.46 45,428.24
133 1,092.06 819.49 272.57 44,608.76
134 1,092.06 824.40 267.65 43,784.35
135 1,092.06 829.35 262.71 42,955.00
136 1,092.06 834.33 257.73 42,120.68
137 1,092.06 839.33 252.72 41,281.35
138 1,092.06 844.37 247.69 40,436.98
139 1,092.06 849.43 242.62 39,587.54
140 1,092.06 854.53 237.53 38,733.01
141 1,092.06 859.66 232.40 37,873.35
142 1,092.06 864.82 227.24 37,008.54
143 1,092.06 870.00 222.05 36,138.53
144 1,092.06 875.22 216.83 35,263.31
145 1,092.06 880.48 211.58 34,382.83
146 1,092.06 885.76 206.30 33,497.07
147 1,092.06 891.07 200.98 32,606.00
148 1,092.06 896.42 195.64 31,709.58
149 1,092.06 901.80 190.26 30,807.78
150 1,092.06 907.21 184.85 29,900.57
151 1,092.06 912.65 179.40 28,987.92
152 1,092.06 918.13 173.93 28,069.79
153 1,092.06 923.64 168.42 27,146.15
154 1,092.06 929.18 162.88 26,216.97
155 1,092.06 934.75 157.30 25,282.22
156 1,092.06 940.36 151.69 24,341.86
157 1,092.06 946.00 146.05 23,395.85
158 1,092.06 951.68 140.38 22,444.17
159 1,092.06 957.39 134.67 21,486.78
160 1,092.06 963.14 128.92 20,523.64
161 1,092.06 968.91 123.14 19,554.73
162 1,092.06 974.73 117.33 18,580.00
163 1,092.06 980.58 111.48 17,599.43
164 1,092.06 986.46 105.60 16,612.97
165 1,092.06 992.38 99.68 15,620.59
166 1,092.06 998.33 93.72 14,622.26
167 1,092.06 1,004.32 87.73 13,617.93
168 1,092.06 1,010.35 81.71 12,607.59
169 1,092.06 1,016.41 75.65 11,591.17
170 1,092.06 1,022.51 69.55 10,568.67
171 1,092.06 1,028.64 63.41 9,540.02
172 1,092.06 1,034.82 57.24 8,505.21
173 1,092.06 1,041.02 51.03 7,464.18
174 1,092.06 1,047.27 44.79 6,416.91
175 1,092.06 1,053.55 38.50 5,363.36
176 1,092.06 1,059.88 32.18 4,303.48
177 1,092.06 1,066.24 25.82 3,237.24
178 1,092.06 1,072.63 19.42 2,164.61
179 1,092.06 1,079.07 12.99 1,085.54
180 1,092.06 1,085.54 6.51 0.00