Mortgage Loan of $120,000 for 15 Years at 7.375%

What's the payment on a 15 year home loan for $120k at 7.375% interest?
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Interest Rate
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Results
Monthly payment: $1,103.91
$13,247 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 7.375 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 1,103.91 366.41 737.50 119,633.59
2 1,103.91 368.66 735.25 119,264.93
3 1,103.91 370.93 732.98 118,894.01
4 1,103.91 373.21 730.70 118,520.80
5 1,103.91 375.50 728.41 118,145.30
6 1,103.91 377.81 726.10 117,767.50
7 1,103.91 380.13 723.78 117,387.37
8 1,103.91 382.46 721.44 117,004.90
9 1,103.91 384.82 719.09 116,620.09
10 1,103.91 387.18 716.73 116,232.91
11 1,103.91 389.56 714.35 115,843.35
12 1,103.91 391.95 711.95 115,451.39
13 1,103.91 394.36 709.55 115,057.03
14 1,103.91 396.79 707.12 114,660.24
15 1,103.91 399.23 704.68 114,261.02
16 1,103.91 401.68 702.23 113,859.34
17 1,103.91 404.15 699.76 113,455.19
18 1,103.91 406.63 697.28 113,048.56
19 1,103.91 409.13 694.78 112,639.43
20 1,103.91 411.64 692.26 112,227.79
21 1,103.91 414.17 689.73 111,813.61
22 1,103.91 416.72 687.19 111,396.89
23 1,103.91 419.28 684.63 110,977.61
24 1,103.91 421.86 682.05 110,555.75
25 1,103.91 424.45 679.46 110,131.30
26 1,103.91 427.06 676.85 109,704.24
27 1,103.91 429.68 674.22 109,274.56
28 1,103.91 432.32 671.58 108,842.23
29 1,103.91 434.98 668.93 108,407.25
30 1,103.91 437.66 666.25 107,969.60
31 1,103.91 440.34 663.56 107,529.25
32 1,103.91 443.05 660.86 107,086.20
33 1,103.91 445.77 658.13 106,640.42
34 1,103.91 448.51 655.39 106,191.91
35 1,103.91 451.27 652.64 105,740.64
36 1,103.91 454.04 649.86 105,286.60
37 1,103.91 456.83 647.07 104,829.76
38 1,103.91 459.64 644.27 104,370.12
39 1,103.91 462.47 641.44 103,907.66
40 1,103.91 465.31 638.60 103,442.35
41 1,103.91 468.17 635.74 102,974.18
42 1,103.91 471.05 632.86 102,503.13
43 1,103.91 473.94 629.97 102,029.19
44 1,103.91 476.85 627.05 101,552.34
45 1,103.91 479.78 624.12 101,072.55
46 1,103.91 482.73 621.18 100,589.82
47 1,103.91 485.70 618.21 100,104.12
48 1,103.91 488.68 615.22 99,615.44
49 1,103.91 491.69 612.22 99,123.75
50 1,103.91 494.71 609.20 98,629.04
51 1,103.91 497.75 606.16 98,131.29
52 1,103.91 500.81 603.10 97,630.48
53 1,103.91 503.89 600.02 97,126.59
54 1,103.91 506.98 596.92 96,619.61
55 1,103.91 510.10 593.81 96,109.51
56 1,103.91 513.23 590.67 95,596.27
57 1,103.91 516.39 587.52 95,079.88
58 1,103.91 519.56 584.35 94,560.32
59 1,103.91 522.76 581.15 94,037.56
60 1,103.91 525.97 577.94 93,511.59
61 1,103.91 529.20 574.71 92,982.39
62 1,103.91 532.45 571.45 92,449.94
63 1,103.91 535.73 568.18 91,914.21
64 1,103.91 539.02 564.89 91,375.19
65 1,103.91 542.33 561.58 90,832.86
66 1,103.91 545.66 558.24 90,287.20
67 1,103.91 549.02 554.89 89,738.18
68 1,103.91 552.39 551.52 89,185.79
69 1,103.91 555.79 548.12 88,630.00
70 1,103.91 559.20 544.71 88,070.80
71 1,103.91 562.64 541.27 87,508.16
72 1,103.91 566.10 537.81 86,942.06
73 1,103.91 569.58 534.33 86,372.49
74 1,103.91 573.08 530.83 85,799.41
75 1,103.91 576.60 527.31 85,222.81
76 1,103.91 580.14 523.77 84,642.67
77 1,103.91 583.71 520.20 84,058.96
78 1,103.91 587.30 516.61 83,471.66
79 1,103.91 590.91 513.00 82,880.76
80 1,103.91 594.54 509.37 82,286.22
81 1,103.91 598.19 505.72 81,688.03
82 1,103.91 601.87 502.04 81,086.16
83 1,103.91 605.57 498.34 80,480.60
84 1,103.91 609.29 494.62 79,871.31
85 1,103.91 613.03 490.88 79,258.28
86 1,103.91 616.80 487.11 78,641.48
87 1,103.91 620.59 483.32 78,020.89
88 1,103.91 624.40 479.50 77,396.48
89 1,103.91 628.24 475.67 76,768.24
90 1,103.91 632.10 471.80 76,136.14
91 1,103.91 635.99 467.92 75,500.15
92 1,103.91 639.90 464.01 74,860.25
93 1,103.91 643.83 460.08 74,216.42
94 1,103.91 647.79 456.12 73,568.64
95 1,103.91 651.77 452.14 72,916.87
96 1,103.91 655.77 448.13 72,261.10
97 1,103.91 659.80 444.10 71,601.29
98 1,103.91 663.86 440.05 70,937.44
99 1,103.91 667.94 435.97 70,269.50
100 1,103.91 672.04 431.86 69,597.45
101 1,103.91 676.17 427.73 68,921.28
102 1,103.91 680.33 423.58 68,240.95
103 1,103.91 684.51 419.40 67,556.44
104 1,103.91 688.72 415.19 66,867.72
105 1,103.91 692.95 410.96 66,174.77
106 1,103.91 697.21 406.70 65,477.56
107 1,103.91 701.49 402.41 64,776.07
108 1,103.91 705.81 398.10 64,070.27
109 1,103.91 710.14 393.77 63,360.12
110 1,103.91 714.51 389.40 62,645.62
111 1,103.91 718.90 385.01 61,926.72
112 1,103.91 723.32 380.59 61,203.40
113 1,103.91 727.76 376.15 60,475.64
114 1,103.91 732.23 371.67 59,743.40
115 1,103.91 736.73 367.17 59,006.67
116 1,103.91 741.26 362.65 58,265.41
117 1,103.91 745.82 358.09 57,519.59
118 1,103.91 750.40 353.51 56,769.18
119 1,103.91 755.01 348.89 56,014.17
120 1,103.91 759.65 344.25 55,254.52
121 1,103.91 764.32 339.59 54,490.19
122 1,103.91 769.02 334.89 53,721.17
123 1,103.91 773.75 330.16 52,947.43
124 1,103.91 778.50 325.41 52,168.92
125 1,103.91 783.29 320.62 51,385.64
126 1,103.91 788.10 315.81 50,597.54
127 1,103.91 792.94 310.96 49,804.59
128 1,103.91 797.82 306.09 49,006.78
129 1,103.91 802.72 301.19 48,204.06
130 1,103.91 807.65 296.25 47,396.40
131 1,103.91 812.62 291.29 46,583.78
132 1,103.91 817.61 286.30 45,766.17
133 1,103.91 822.64 281.27 44,943.54
134 1,103.91 827.69 276.22 44,115.84
135 1,103.91 832.78 271.13 43,283.06
136 1,103.91 837.90 266.01 42,445.17
137 1,103.91 843.05 260.86 41,602.12
138 1,103.91 848.23 255.68 40,753.89
139 1,103.91 853.44 250.47 39,900.45
140 1,103.91 858.69 245.22 39,041.76
141 1,103.91 863.96 239.94 38,177.80
142 1,103.91 869.27 234.63 37,308.53
143 1,103.91 874.62 229.29 36,433.91
144 1,103.91 879.99 223.92 35,553.92
145 1,103.91 885.40 218.51 34,668.52
146 1,103.91 890.84 213.07 33,777.68
147 1,103.91 896.32 207.59 32,881.36
148 1,103.91 901.82 202.08 31,979.54
149 1,103.91 907.37 196.54 31,072.17
150 1,103.91 912.94 190.96 30,159.23
151 1,103.91 918.55 185.35 29,240.67
152 1,103.91 924.20 179.71 28,316.47
153 1,103.91 929.88 174.03 27,386.59
154 1,103.91 935.59 168.31 26,451.00
155 1,103.91 941.34 162.56 25,509.65
156 1,103.91 947.13 156.78 24,562.52
157 1,103.91 952.95 150.96 23,609.57
158 1,103.91 958.81 145.10 22,650.77
159 1,103.91 964.70 139.21 21,686.07
160 1,103.91 970.63 133.28 20,715.44
161 1,103.91 976.59 127.31 19,738.84
162 1,103.91 982.60 121.31 18,756.25
163 1,103.91 988.64 115.27 17,767.61
164 1,103.91 994.71 109.20 16,772.90
165 1,103.91 1,000.82 103.08 15,772.07
166 1,103.91 1,006.98 96.93 14,765.10
167 1,103.91 1,013.16 90.74 13,751.94
168 1,103.91 1,019.39 84.52 12,732.54
169 1,103.91 1,025.66 78.25 11,706.89
170 1,103.91 1,031.96 71.95 10,674.93
171 1,103.91 1,038.30 65.61 9,636.63
172 1,103.91 1,044.68 59.23 8,591.94
173 1,103.91 1,051.10 52.80 7,540.84
174 1,103.91 1,057.56 46.34 6,483.28
175 1,103.91 1,064.06 39.85 5,419.22
176 1,103.91 1,070.60 33.31 4,348.61
177 1,103.91 1,077.18 26.73 3,271.43
178 1,103.91 1,083.80 20.11 2,187.63
179 1,103.91 1,090.46 13.44 1,097.16
180 1,103.91 1,097.16 6.74 0.00
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