Mortgage Loan of $120,000 for 15 Years at 8.05%

What's the payment on a 15 year home loan for $120k at 8.05% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $1,150.25

$13,803 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 8.05 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	1,150.25	345.25	805.00	119,654.75
2	1,150.25	347.57	802.68	119,307.19
3	1,150.25	349.90	800.35	118,957.29
4	1,150.25	352.24	798.01	118,605.05
5	1,150.25	354.61	795.64	118,250.44
6	1,150.25	356.99	793.26	117,893.45
7	1,150.25	359.38	790.87	117,534.07
8	1,150.25	361.79	788.46	117,172.28
9	1,150.25	364.22	786.03	116,808.06
10	1,150.25	366.66	783.59	116,441.40
11	1,150.25	369.12	781.13	116,072.28
12	1,150.25	371.60	778.65	115,700.68
13	1,150.25	374.09	776.16	115,326.59
14	1,150.25	376.60	773.65	114,949.99
15	1,150.25	379.13	771.12	114,570.87
16	1,150.25	381.67	768.58	114,189.20
17	1,150.25	384.23	766.02	113,804.97
18	1,150.25	386.81	763.44	113,418.16
19	1,150.25	389.40	760.85	113,028.76
20	1,150.25	392.01	758.23	112,636.74
21	1,150.25	394.64	755.60	112,242.10
22	1,150.25	397.29	752.96	111,844.81
23	1,150.25	399.96	750.29	111,444.85
24	1,150.25	402.64	747.61	111,042.21
25	1,150.25	405.34	744.91	110,636.87
26	1,150.25	408.06	742.19	110,228.81
27	1,150.25	410.80	739.45	109,818.01
28	1,150.25	413.55	736.70	109,404.46
29	1,150.25	416.33	733.92	108,988.13
30	1,150.25	419.12	731.13	108,569.01
31	1,150.25	421.93	728.32	108,147.08
32	1,150.25	424.76	725.49	107,722.32
33	1,150.25	427.61	722.64	107,294.71
34	1,150.25	430.48	719.77	106,864.23
35	1,150.25	433.37	716.88	106,430.86
36	1,150.25	436.28	713.97	105,994.58
37	1,150.25	439.20	711.05	105,555.38
38	1,150.25	442.15	708.10	105,113.23
39	1,150.25	445.11	705.13	104,668.12
40	1,150.25	448.10	702.15	104,220.02
41	1,150.25	451.11	699.14	103,768.91
42	1,150.25	454.13	696.12	103,314.78
43	1,150.25	457.18	693.07	102,857.60
44	1,150.25	460.25	690.00	102,397.35
45	1,150.25	463.33	686.92	101,934.02
46	1,150.25	466.44	683.81	101,467.58
47	1,150.25	469.57	680.68	100,998.01
48	1,150.25	472.72	677.53	100,525.29
49	1,150.25	475.89	674.36	100,049.40
50	1,150.25	479.08	671.16	99,570.31
51	1,150.25	482.30	667.95	99,088.01
52	1,150.25	485.53	664.72	98,602.48
53	1,150.25	488.79	661.46	98,113.69
54	1,150.25	492.07	658.18	97,621.62
55	1,150.25	495.37	654.88	97,126.25
56	1,150.25	498.69	651.56	96,627.56
57	1,150.25	502.04	648.21	96,125.52
58	1,150.25	505.41	644.84	95,620.11
59	1,150.25	508.80	641.45	95,111.31
60	1,150.25	512.21	638.04	94,599.10
61	1,150.25	515.65	634.60	94,083.45
62	1,150.25	519.11	631.14	93,564.35
63	1,150.25	522.59	627.66	93,041.76
64	1,150.25	526.09	624.16	92,515.67
65	1,150.25	529.62	620.63	91,986.04
66	1,150.25	533.18	617.07	91,452.87
67	1,150.25	536.75	613.50	90,916.12
68	1,150.25	540.35	609.90	90,375.76
69	1,150.25	543.98	606.27	89,831.78
70	1,150.25	547.63	602.62	89,284.16
71	1,150.25	551.30	598.95	88,732.86
72	1,150.25	555.00	595.25	88,177.86
73	1,150.25	558.72	591.53	87,619.13
74	1,150.25	562.47	587.78	87,056.66
75	1,150.25	566.24	584.01	86,490.42
76	1,150.25	570.04	580.21	85,920.38
77	1,150.25	573.87	576.38	85,346.51
78	1,150.25	577.72	572.53	84,768.79
79	1,150.25	581.59	568.66	84,187.20
80	1,150.25	585.49	564.76	83,601.71
81	1,150.25	589.42	560.83	83,012.29
82	1,150.25	593.37	556.87	82,418.91
83	1,150.25	597.36	552.89	81,821.56
84	1,150.25	601.36	548.89	81,220.20
85	1,150.25	605.40	544.85	80,614.80
86	1,150.25	609.46	540.79	80,005.34
87	1,150.25	613.55	536.70	79,391.79
88	1,150.25	617.66	532.59	78,774.13
89	1,150.25	621.81	528.44	78,152.33
90	1,150.25	625.98	524.27	77,526.35
91	1,150.25	630.18	520.07	76,896.17
92	1,150.25	634.40	515.85	76,261.77
93	1,150.25	638.66	511.59	75,623.11
94	1,150.25	642.94	507.31	74,980.16
95	1,150.25	647.26	502.99	74,332.91
96	1,150.25	651.60	498.65	73,681.31
97	1,150.25	655.97	494.28	73,025.34
98	1,150.25	660.37	489.88	72,364.97
99	1,150.25	664.80	485.45	71,700.17
100	1,150.25	669.26	480.99	71,030.91
101	1,150.25	673.75	476.50	70,357.16
102	1,150.25	678.27	471.98	69,678.89
103	1,150.25	682.82	467.43	68,996.07
104	1,150.25	687.40	462.85	68,308.67
105	1,150.25	692.01	458.24	67,616.66
106	1,150.25	696.65	453.60	66,920.00
107	1,150.25	701.33	448.92	66,218.67
108	1,150.25	706.03	444.22	65,512.64
109	1,150.25	710.77	439.48	64,801.87
110	1,150.25	715.54	434.71	64,086.34
111	1,150.25	720.34	429.91	63,366.00
112	1,150.25	725.17	425.08	62,640.83
113	1,150.25	730.03	420.22	61,910.80
114	1,150.25	734.93	415.32	61,175.87
115	1,150.25	739.86	410.39	60,436.01
116	1,150.25	744.82	405.42	59,691.18
117	1,150.25	749.82	400.43	58,941.36
118	1,150.25	754.85	395.40	58,186.51
119	1,150.25	759.91	390.33	57,426.60
120	1,150.25	765.01	385.24	56,661.58
121	1,150.25	770.14	380.10	55,891.44
122	1,150.25	775.31	374.94	55,116.13
123	1,150.25	780.51	369.74	54,335.62
124	1,150.25	785.75	364.50	53,549.87
125	1,150.25	791.02	359.23	52,758.85
126	1,150.25	796.33	353.92	51,962.53
127	1,150.25	801.67	348.58	51,160.86
128	1,150.25	807.04	343.20	50,353.82
129	1,150.25	812.46	337.79	49,541.36
130	1,150.25	817.91	332.34	48,723.45
131	1,150.25	823.40	326.85	47,900.05
132	1,150.25	828.92	321.33	47,071.13
133	1,150.25	834.48	315.77	46,236.65
134	1,150.25	840.08	310.17	45,396.57
135	1,150.25	845.71	304.54	44,550.86
136	1,150.25	851.39	298.86	43,699.47
137	1,150.25	857.10	293.15	42,842.37
138	1,150.25	862.85	287.40	41,979.53
139	1,150.25	868.64	281.61	41,110.89
140	1,150.25	874.46	275.79	40,236.43
141	1,150.25	880.33	269.92	39,356.10
142	1,150.25	886.24	264.01	38,469.86
143	1,150.25	892.18	258.07	37,577.68
144	1,150.25	898.17	252.08	36,679.52
145	1,150.25	904.19	246.06	35,775.33
146	1,150.25	910.26	239.99	34,865.07
147	1,150.25	916.36	233.89	33,948.71
148	1,150.25	922.51	227.74	33,026.20
149	1,150.25	928.70	221.55	32,097.50
150	1,150.25	934.93	215.32	31,162.57
151	1,150.25	941.20	209.05	30,221.37
152	1,150.25	947.51	202.74	29,273.86
153	1,150.25	953.87	196.38	28,319.99
154	1,150.25	960.27	189.98	27,359.72
155	1,150.25	966.71	183.54	26,393.01
156	1,150.25	973.20	177.05	25,419.81
157	1,150.25	979.72	170.52	24,440.09
158	1,150.25	986.30	163.95	23,453.79
159	1,150.25	992.91	157.34	22,460.88
160	1,150.25	999.57	150.68	21,461.30
161	1,150.25	1,006.28	143.97	20,455.02
162	1,150.25	1,013.03	137.22	19,441.99
163	1,150.25	1,019.83	130.42	18,422.17
164	1,150.25	1,026.67	123.58	17,395.50
165	1,150.25	1,033.55	116.69	16,361.95
166	1,150.25	1,040.49	109.76	15,321.46
167	1,150.25	1,047.47	102.78	14,273.99
168	1,150.25	1,054.49	95.75	13,219.50
169	1,150.25	1,061.57	88.68	12,157.93
170	1,150.25	1,068.69	81.56	11,089.24
171	1,150.25	1,075.86	74.39	10,013.38
172	1,150.25	1,083.08	67.17	8,930.31
173	1,150.25	1,090.34	59.91	7,839.96
174	1,150.25	1,097.66	52.59	6,742.31
175	1,150.25	1,105.02	45.23	5,637.29
176	1,150.25	1,112.43	37.82	4,524.86
177	1,150.25	1,119.89	30.35	3,404.96
178	1,150.25	1,127.41	22.84	2,277.55
179	1,150.25	1,134.97	15.28	1,142.58
180	1,150.25	1,142.58	7.66	0.00