Mortgage Loan of $120,000 for 15 Years at 7.40%

What's the payment on a 15 year home loan for $120k at 7.40% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $1,105.61

$13,267 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 7.40 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	1,105.61	365.61	740.00	119,634.39
2	1,105.61	367.86	737.75	119,266.53
3	1,105.61	370.13	735.48	118,896.40
4	1,105.61	372.41	733.19	118,523.99
5	1,105.61	374.71	730.90	118,149.28
6	1,105.61	377.02	728.59	117,772.26
7	1,105.61	379.34	726.26	117,392.92
8	1,105.61	381.68	723.92	117,011.23
9	1,105.61	384.04	721.57	116,627.20
10	1,105.61	386.41	719.20	116,240.79
11	1,105.61	388.79	716.82	115,852.00
12	1,105.61	391.19	714.42	115,460.82
13	1,105.61	393.60	712.01	115,067.22
14	1,105.61	396.03	709.58	114,671.19
15	1,105.61	398.47	707.14	114,272.73
16	1,105.61	400.92	704.68	113,871.80
17	1,105.61	403.40	702.21	113,468.40
18	1,105.61	405.88	699.72	113,062.52
19	1,105.61	408.39	697.22	112,654.13
20	1,105.61	410.91	694.70	112,243.23
21	1,105.61	413.44	692.17	111,829.79
22	1,105.61	415.99	689.62	111,413.80
23	1,105.61	418.55	687.05	110,995.24
24	1,105.61	421.14	684.47	110,574.10
25	1,105.61	423.73	681.87	110,150.37
26	1,105.61	426.35	679.26	109,724.03
27	1,105.61	428.98	676.63	109,295.05
28	1,105.61	431.62	673.99	108,863.43
29	1,105.61	434.28	671.32	108,429.15
30	1,105.61	436.96	668.65	107,992.19
31	1,105.61	439.65	665.95	107,552.53
32	1,105.61	442.37	663.24	107,110.17
33	1,105.61	445.09	660.51	106,665.07
34	1,105.61	447.84	657.77	106,217.23
35	1,105.61	450.60	655.01	105,766.63
36	1,105.61	453.38	652.23	105,313.26
37	1,105.61	456.17	649.43	104,857.08
38	1,105.61	458.99	646.62	104,398.09
39	1,105.61	461.82	643.79	103,936.27
40	1,105.61	464.67	640.94	103,471.61
41	1,105.61	467.53	638.07	103,004.08
42	1,105.61	470.41	635.19	102,533.66
43	1,105.61	473.32	632.29	102,060.35
44	1,105.61	476.23	629.37	101,584.11
45	1,105.61	479.17	626.44	101,104.94
46	1,105.61	482.13	623.48	100,622.81
47	1,105.61	485.10	620.51	100,137.71
48	1,105.61	488.09	617.52	99,649.62
49	1,105.61	491.10	614.51	99,158.52
50	1,105.61	494.13	611.48	98,664.39
51	1,105.61	497.18	608.43	98,167.22
52	1,105.61	500.24	605.36	97,666.98
53	1,105.61	503.33	602.28	97,163.65
54	1,105.61	506.43	599.18	96,657.22
55	1,105.61	509.55	596.05	96,147.66
56	1,105.61	512.70	592.91	95,634.97
57	1,105.61	515.86	589.75	95,119.11
58	1,105.61	519.04	586.57	94,600.07
59	1,105.61	522.24	583.37	94,077.83
60	1,105.61	525.46	580.15	93,552.37
61	1,105.61	528.70	576.91	93,023.67
62	1,105.61	531.96	573.65	92,491.71
63	1,105.61	535.24	570.37	91,956.47
64	1,105.61	538.54	567.06	91,417.93
65	1,105.61	541.86	563.74	90,876.07
66	1,105.61	545.20	560.40	90,330.86
67	1,105.61	548.57	557.04	89,782.30
68	1,105.61	551.95	553.66	89,230.35
69	1,105.61	555.35	550.25	88,674.99
70	1,105.61	558.78	546.83	88,116.22
71	1,105.61	562.22	543.38	87,553.99
72	1,105.61	565.69	539.92	86,988.30
73	1,105.61	569.18	536.43	86,419.12
74	1,105.61	572.69	532.92	85,846.43
75	1,105.61	576.22	529.39	85,270.21
76	1,105.61	579.77	525.83	84,690.44
77	1,105.61	583.35	522.26	84,107.09
78	1,105.61	586.95	518.66	83,520.15
79	1,105.61	590.57	515.04	82,929.58
80	1,105.61	594.21	511.40	82,335.37
81	1,105.61	597.87	507.73	81,737.50
82	1,105.61	601.56	504.05	81,135.94
83	1,105.61	605.27	500.34	80,530.67
84	1,105.61	609.00	496.61	79,921.67
85	1,105.61	612.76	492.85	79,308.92
86	1,105.61	616.53	489.07	78,692.38
87	1,105.61	620.34	485.27	78,072.04
88	1,105.61	624.16	481.44	77,447.88
89	1,105.61	628.01	477.60	76,819.87
90	1,105.61	631.88	473.72	76,187.99
91	1,105.61	635.78	469.83	75,552.21
92	1,105.61	639.70	465.91	74,912.51
93	1,105.61	643.65	461.96	74,268.86
94	1,105.61	647.62	457.99	73,621.24
95	1,105.61	651.61	454.00	72,969.63
96	1,105.61	655.63	449.98	72,314.01
97	1,105.61	659.67	445.94	71,654.34
98	1,105.61	663.74	441.87	70,990.60
99	1,105.61	667.83	437.78	70,322.77
100	1,105.61	671.95	433.66	69,650.82
101	1,105.61	676.09	429.51	68,974.72
102	1,105.61	680.26	425.34	68,294.46
103	1,105.61	684.46	421.15	67,610.01
104	1,105.61	688.68	416.93	66,921.33
105	1,105.61	692.93	412.68	66,228.40
106	1,105.61	697.20	408.41	65,531.20
107	1,105.61	701.50	404.11	64,829.71
108	1,105.61	705.82	399.78	64,123.88
109	1,105.61	710.18	395.43	63,413.71
110	1,105.61	714.56	391.05	62,699.15
111	1,105.61	718.96	386.64	61,980.19
112	1,105.61	723.40	382.21	61,256.79
113	1,105.61	727.86	377.75	60,528.94
114	1,105.61	732.34	373.26	59,796.59
115	1,105.61	736.86	368.75	59,059.73
116	1,105.61	741.40	364.20	58,318.33
117	1,105.61	745.98	359.63	57,572.35
118	1,105.61	750.58	355.03	56,821.77
119	1,105.61	755.21	350.40	56,066.57
120	1,105.61	759.86	345.74	55,306.70
121	1,105.61	764.55	341.06	54,542.16
122	1,105.61	769.26	336.34	53,772.89
123	1,105.61	774.01	331.60	52,998.89
124	1,105.61	778.78	326.83	52,220.11
125	1,105.61	783.58	322.02	51,436.52
126	1,105.61	788.41	317.19	50,648.11
127	1,105.61	793.28	312.33	49,854.83
128	1,105.61	798.17	307.44	49,056.66
129	1,105.61	803.09	302.52	48,253.57
130	1,105.61	808.04	297.56	47,445.53
131	1,105.61	813.03	292.58	46,632.50
132	1,105.61	818.04	287.57	45,814.46
133	1,105.61	823.08	282.52	44,991.38
134	1,105.61	828.16	277.45	44,163.22
135	1,105.61	833.27	272.34	43,329.95
136	1,105.61	838.41	267.20	42,491.55
137	1,105.61	843.58	262.03	41,647.97
138	1,105.61	848.78	256.83	40,799.20
139	1,105.61	854.01	251.60	39,945.18
140	1,105.61	859.28	246.33	39,085.91
141	1,105.61	864.58	241.03	38,221.33
142	1,105.61	869.91	235.70	37,351.42
143	1,105.61	875.27	230.33	36,476.15
144	1,105.61	880.67	224.94	35,595.48
145	1,105.61	886.10	219.51	34,709.38
146	1,105.61	891.57	214.04	33,817.81
147	1,105.61	897.06	208.54	32,920.75
148	1,105.61	902.60	203.01	32,018.15
149	1,105.61	908.16	197.45	31,109.99
150	1,105.61	913.76	191.84	30,196.23
151	1,105.61	919.40	186.21	29,276.83
152	1,105.61	925.07	180.54	28,351.77
153	1,105.61	930.77	174.84	27,421.00
154	1,105.61	936.51	169.10	26,484.48
155	1,105.61	942.29	163.32	25,542.20
156	1,105.61	948.10	157.51	24,594.10
157	1,105.61	953.94	151.66	23,640.16
158	1,105.61	959.83	145.78	22,680.33
159	1,105.61	965.74	139.86	21,714.59
160	1,105.61	971.70	133.91	20,742.89
161	1,105.61	977.69	127.91	19,765.20
162	1,105.61	983.72	121.89	18,781.48
163	1,105.61	989.79	115.82	17,791.69
164	1,105.61	995.89	109.72	16,795.80
165	1,105.61	1,002.03	103.57	15,793.76
166	1,105.61	1,008.21	97.39	14,785.55
167	1,105.61	1,014.43	91.18	13,771.12
168	1,105.61	1,020.68	84.92	12,750.44
169	1,105.61	1,026.98	78.63	11,723.46
170	1,105.61	1,033.31	72.29	10,690.15
171	1,105.61	1,039.68	65.92	9,650.46
172	1,105.61	1,046.10	59.51	8,604.37
173	1,105.61	1,052.55	53.06	7,551.82
174	1,105.61	1,059.04	46.57	6,492.79
175	1,105.61	1,065.57	40.04	5,427.22
176	1,105.61	1,072.14	33.47	4,355.08
177	1,105.61	1,078.75	26.86	3,276.33
178	1,105.61	1,085.40	20.20	2,190.93
179	1,105.61	1,092.10	13.51	1,098.83
180	1,105.61	1,098.83	6.78	0.00