Mortgage Loan of $120,000 for 15 Years at 8.125%

What's the payment on a 15 year home loan for $120k at 8.125% interest?
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Interest Rate
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Results
Monthly payment: $1,155.46
$13,866 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 8.125 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 1,155.46 342.96 812.50 119,657.04
2 1,155.46 345.28 810.18 119,311.76
3 1,155.46 347.62 807.84 118,964.14
4 1,155.46 349.97 805.49 118,614.17
5 1,155.46 352.34 803.12 118,261.83
6 1,155.46 354.73 800.73 117,907.10
7 1,155.46 357.13 798.33 117,549.97
8 1,155.46 359.55 795.91 117,190.42
9 1,155.46 361.98 793.48 116,828.44
10 1,155.46 364.43 791.03 116,464.01
11 1,155.46 366.90 788.56 116,097.11
12 1,155.46 369.38 786.07 115,727.72
13 1,155.46 371.89 783.57 115,355.84
14 1,155.46 374.40 781.06 114,981.43
15 1,155.46 376.94 778.52 114,604.50
16 1,155.46 379.49 775.97 114,225.00
17 1,155.46 382.06 773.40 113,842.94
18 1,155.46 384.65 770.81 113,458.30
19 1,155.46 387.25 768.21 113,071.05
20 1,155.46 389.87 765.59 112,681.17
21 1,155.46 392.51 762.95 112,288.66
22 1,155.46 395.17 760.29 111,893.49
23 1,155.46 397.85 757.61 111,495.64
24 1,155.46 400.54 754.92 111,095.10
25 1,155.46 403.25 752.21 110,691.85
26 1,155.46 405.98 749.48 110,285.87
27 1,155.46 408.73 746.73 109,877.13
28 1,155.46 411.50 743.96 109,465.64
29 1,155.46 414.29 741.17 109,051.35
30 1,155.46 417.09 738.37 108,634.26
31 1,155.46 419.91 735.54 108,214.35
32 1,155.46 422.76 732.70 107,791.59
33 1,155.46 425.62 729.84 107,365.97
34 1,155.46 428.50 726.96 106,937.47
35 1,155.46 431.40 724.06 106,506.06
36 1,155.46 434.32 721.13 106,071.74
37 1,155.46 437.26 718.19 105,634.47
38 1,155.46 440.23 715.23 105,194.25
39 1,155.46 443.21 712.25 104,751.04
40 1,155.46 446.21 709.25 104,304.84
41 1,155.46 449.23 706.23 103,855.61
42 1,155.46 452.27 703.19 103,403.34
43 1,155.46 455.33 700.13 102,948.01
44 1,155.46 458.41 697.04 102,489.59
45 1,155.46 461.52 693.94 102,028.07
46 1,155.46 464.64 690.82 101,563.43
47 1,155.46 467.79 687.67 101,095.64
48 1,155.46 470.96 684.50 100,624.68
49 1,155.46 474.15 681.31 100,150.54
50 1,155.46 477.36 678.10 99,673.18
51 1,155.46 480.59 674.87 99,192.59
52 1,155.46 483.84 671.62 98,708.75
53 1,155.46 487.12 668.34 98,221.63
54 1,155.46 490.42 665.04 97,731.22
55 1,155.46 493.74 661.72 97,237.48
56 1,155.46 497.08 658.38 96,740.40
57 1,155.46 500.45 655.01 96,239.95
58 1,155.46 503.83 651.62 95,736.12
59 1,155.46 507.25 648.21 95,228.87
60 1,155.46 510.68 644.78 94,718.19
61 1,155.46 514.14 641.32 94,204.06
62 1,155.46 517.62 637.84 93,686.44
63 1,155.46 521.12 634.34 93,165.31
64 1,155.46 524.65 630.81 92,640.66
65 1,155.46 528.20 627.25 92,112.46
66 1,155.46 531.78 623.68 91,580.68
67 1,155.46 535.38 620.08 91,045.30
68 1,155.46 539.01 616.45 90,506.29
69 1,155.46 542.66 612.80 89,963.63
70 1,155.46 546.33 609.13 89,417.30
71 1,155.46 550.03 605.43 88,867.27
72 1,155.46 553.75 601.71 88,313.52
73 1,155.46 557.50 597.96 87,756.02
74 1,155.46 561.28 594.18 87,194.74
75 1,155.46 565.08 590.38 86,629.66
76 1,155.46 568.90 586.56 86,060.76
77 1,155.46 572.76 582.70 85,488.00
78 1,155.46 576.63 578.83 84,911.37
79 1,155.46 580.54 574.92 84,330.83
80 1,155.46 584.47 570.99 83,746.36
81 1,155.46 588.43 567.03 83,157.94
82 1,155.46 592.41 563.05 82,565.53
83 1,155.46 596.42 559.04 81,969.11
84 1,155.46 600.46 555.00 81,368.65
85 1,155.46 604.53 550.93 80,764.12
86 1,155.46 608.62 546.84 80,155.50
87 1,155.46 612.74 542.72 79,542.76
88 1,155.46 616.89 538.57 78,925.88
89 1,155.46 621.06 534.39 78,304.81
90 1,155.46 625.27 530.19 77,679.54
91 1,155.46 629.50 525.96 77,050.04
92 1,155.46 633.77 521.69 76,416.27
93 1,155.46 638.06 517.40 75,778.21
94 1,155.46 642.38 513.08 75,135.84
95 1,155.46 646.73 508.73 74,489.11
96 1,155.46 651.11 504.35 73,838.01
97 1,155.46 655.51 499.94 73,182.49
98 1,155.46 659.95 495.51 72,522.54
99 1,155.46 664.42 491.04 71,858.12
100 1,155.46 668.92 486.54 71,189.20
101 1,155.46 673.45 482.01 70,515.75
102 1,155.46 678.01 477.45 69,837.74
103 1,155.46 682.60 472.86 69,155.14
104 1,155.46 687.22 468.24 68,467.92
105 1,155.46 691.87 463.58 67,776.05
106 1,155.46 696.56 458.90 67,079.49
107 1,155.46 701.27 454.18 66,378.22
108 1,155.46 706.02 449.44 65,672.19
109 1,155.46 710.80 444.66 64,961.39
110 1,155.46 715.62 439.84 64,245.77
111 1,155.46 720.46 435.00 63,525.31
112 1,155.46 725.34 430.12 62,799.97
113 1,155.46 730.25 425.21 62,069.72
114 1,155.46 735.20 420.26 61,334.53
115 1,155.46 740.17 415.29 60,594.35
116 1,155.46 745.18 410.27 59,849.17
117 1,155.46 750.23 405.23 59,098.94
118 1,155.46 755.31 400.15 58,343.63
119 1,155.46 760.42 395.03 57,583.21
120 1,155.46 765.57 389.89 56,817.63
121 1,155.46 770.76 384.70 56,046.88
122 1,155.46 775.97 379.48 55,270.90
123 1,155.46 781.23 374.23 54,489.67
124 1,155.46 786.52 368.94 53,703.16
125 1,155.46 791.84 363.62 52,911.31
126 1,155.46 797.21 358.25 52,114.11
127 1,155.46 802.60 352.86 51,311.50
128 1,155.46 808.04 347.42 50,503.47
129 1,155.46 813.51 341.95 49,689.96
130 1,155.46 819.02 336.44 48,870.94
131 1,155.46 824.56 330.90 48,046.38
132 1,155.46 830.14 325.31 47,216.24
133 1,155.46 835.77 319.69 46,380.47
134 1,155.46 841.42 314.03 45,539.05
135 1,155.46 847.12 308.34 44,691.93
136 1,155.46 852.86 302.60 43,839.07
137 1,155.46 858.63 296.83 42,980.44
138 1,155.46 864.45 291.01 42,115.99
139 1,155.46 870.30 285.16 41,245.69
140 1,155.46 876.19 279.27 40,369.50
141 1,155.46 882.12 273.34 39,487.38
142 1,155.46 888.10 267.36 38,599.28
143 1,155.46 894.11 261.35 37,705.17
144 1,155.46 900.16 255.30 36,805.01
145 1,155.46 906.26 249.20 35,898.75
146 1,155.46 912.39 243.06 34,986.36
147 1,155.46 918.57 236.89 34,067.78
148 1,155.46 924.79 230.67 33,142.99
149 1,155.46 931.05 224.41 32,211.94
150 1,155.46 937.36 218.10 31,274.58
151 1,155.46 943.70 211.75 30,330.88
152 1,155.46 950.09 205.37 29,380.79
153 1,155.46 956.53 198.93 28,424.26
154 1,155.46 963.00 192.46 27,461.26
155 1,155.46 969.52 185.94 26,491.73
156 1,155.46 976.09 179.37 25,515.65
157 1,155.46 982.70 172.76 24,532.95
158 1,155.46 989.35 166.11 23,543.60
159 1,155.46 996.05 159.41 22,547.55
160 1,155.46 1,002.79 152.67 21,544.76
161 1,155.46 1,009.58 145.88 20,535.17
162 1,155.46 1,016.42 139.04 19,518.76
163 1,155.46 1,023.30 132.16 18,495.46
164 1,155.46 1,030.23 125.23 17,465.23
165 1,155.46 1,037.20 118.25 16,428.02
166 1,155.46 1,044.23 111.23 15,383.79
167 1,155.46 1,051.30 104.16 14,332.50
168 1,155.46 1,058.42 97.04 13,274.08
169 1,155.46 1,065.58 89.88 12,208.50
170 1,155.46 1,072.80 82.66 11,135.70
171 1,155.46 1,080.06 75.40 10,055.64
172 1,155.46 1,087.37 68.09 8,968.27
173 1,155.46 1,094.74 60.72 7,873.53
174 1,155.46 1,102.15 53.31 6,771.38
175 1,155.46 1,109.61 45.85 5,661.77
176 1,155.46 1,117.12 38.33 4,544.65
177 1,155.46 1,124.69 30.77 3,419.96
178 1,155.46 1,132.30 23.16 2,287.66
179 1,155.46 1,139.97 15.49 1,147.69
180 1,155.46 1,147.69 7.77 0.00
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