Mortgage Loan of $120,000 for 15 Years at 8.375%

What's the payment on a 15 year home loan for $120k at 8.375% interest?
Loan Amount
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Interest Rate
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Results
Monthly payment: $1,172.91
$14,075 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 8.375 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 1,172.91 335.41 837.50 119,664.59
2 1,172.91 337.75 835.16 119,326.84
3 1,172.91 340.11 832.80 118,986.73
4 1,172.91 342.48 830.43 118,644.24
5 1,172.91 344.87 828.04 118,299.37
6 1,172.91 347.28 825.63 117,952.09
7 1,172.91 349.70 823.21 117,602.39
8 1,172.91 352.14 820.77 117,250.24
9 1,172.91 354.60 818.31 116,895.64
10 1,172.91 357.08 815.83 116,538.56
11 1,172.91 359.57 813.34 116,178.99
12 1,172.91 362.08 810.83 115,816.91
13 1,172.91 364.61 808.31 115,452.31
14 1,172.91 367.15 805.76 115,085.16
15 1,172.91 369.71 803.20 114,715.44
16 1,172.91 372.29 800.62 114,343.15
17 1,172.91 374.89 798.02 113,968.26
18 1,172.91 377.51 795.40 113,590.75
19 1,172.91 380.14 792.77 113,210.61
20 1,172.91 382.80 790.12 112,827.81
21 1,172.91 385.47 787.44 112,442.35
22 1,172.91 388.16 784.75 112,054.19
23 1,172.91 390.87 782.04 111,663.32
24 1,172.91 393.59 779.32 111,269.73
25 1,172.91 396.34 776.57 110,873.39
26 1,172.91 399.11 773.80 110,474.28
27 1,172.91 401.89 771.02 110,072.39
28 1,172.91 404.70 768.21 109,667.69
29 1,172.91 407.52 765.39 109,260.17
30 1,172.91 410.37 762.54 108,849.80
31 1,172.91 413.23 759.68 108,436.57
32 1,172.91 416.11 756.80 108,020.45
33 1,172.91 419.02 753.89 107,601.44
34 1,172.91 421.94 750.97 107,179.49
35 1,172.91 424.89 748.02 106,754.60
36 1,172.91 427.85 745.06 106,326.75
37 1,172.91 430.84 742.07 105,895.91
38 1,172.91 433.85 739.07 105,462.07
39 1,172.91 436.87 736.04 105,025.19
40 1,172.91 439.92 732.99 104,585.27
41 1,172.91 442.99 729.92 104,142.27
42 1,172.91 446.09 726.83 103,696.19
43 1,172.91 449.20 723.71 103,246.99
44 1,172.91 452.33 720.58 102,794.66
45 1,172.91 455.49 717.42 102,339.17
46 1,172.91 458.67 714.24 101,880.50
47 1,172.91 461.87 711.04 101,418.63
48 1,172.91 465.09 707.82 100,953.53
49 1,172.91 468.34 704.57 100,485.19
50 1,172.91 471.61 701.30 100,013.59
51 1,172.91 474.90 698.01 99,538.69
52 1,172.91 478.21 694.70 99,060.47
53 1,172.91 481.55 691.36 98,578.92
54 1,172.91 484.91 688.00 98,094.01
55 1,172.91 488.30 684.61 97,605.71
56 1,172.91 491.70 681.21 97,114.01
57 1,172.91 495.14 677.77 96,618.87
58 1,172.91 498.59 674.32 96,120.28
59 1,172.91 502.07 670.84 95,618.20
60 1,172.91 505.58 667.34 95,112.63
61 1,172.91 509.10 663.81 94,603.52
62 1,172.91 512.66 660.25 94,090.87
63 1,172.91 516.24 656.68 93,574.63
64 1,172.91 519.84 653.07 93,054.79
65 1,172.91 523.47 649.44 92,531.33
66 1,172.91 527.12 645.79 92,004.21
67 1,172.91 530.80 642.11 91,473.41
68 1,172.91 534.50 638.41 90,938.90
69 1,172.91 538.23 634.68 90,400.67
70 1,172.91 541.99 630.92 89,858.68
71 1,172.91 545.77 627.14 89,312.91
72 1,172.91 549.58 623.33 88,763.33
73 1,172.91 553.42 619.49 88,209.91
74 1,172.91 557.28 615.63 87,652.63
75 1,172.91 561.17 611.74 87,091.46
76 1,172.91 565.09 607.83 86,526.37
77 1,172.91 569.03 603.88 85,957.35
78 1,172.91 573.00 599.91 85,384.34
79 1,172.91 577.00 595.91 84,807.34
80 1,172.91 581.03 591.88 84,226.32
81 1,172.91 585.08 587.83 83,641.24
82 1,172.91 589.17 583.75 83,052.07
83 1,172.91 593.28 579.63 82,458.79
84 1,172.91 597.42 575.49 81,861.38
85 1,172.91 601.59 571.32 81,259.79
86 1,172.91 605.79 567.13 80,654.00
87 1,172.91 610.01 562.90 80,043.99
88 1,172.91 614.27 558.64 79,429.72
89 1,172.91 618.56 554.35 78,811.16
90 1,172.91 622.88 550.04 78,188.28
91 1,172.91 627.22 545.69 77,561.06
92 1,172.91 631.60 541.31 76,929.46
93 1,172.91 636.01 536.90 76,293.45
94 1,172.91 640.45 532.46 75,653.01
95 1,172.91 644.92 527.99 75,008.09
96 1,172.91 649.42 523.49 74,358.67
97 1,172.91 653.95 518.96 73,704.72
98 1,172.91 658.51 514.40 73,046.21
99 1,172.91 663.11 509.80 72,383.10
100 1,172.91 667.74 505.17 71,715.36
101 1,172.91 672.40 500.51 71,042.97
102 1,172.91 677.09 495.82 70,365.87
103 1,172.91 681.82 491.10 69,684.06
104 1,172.91 686.57 486.34 68,997.48
105 1,172.91 691.37 481.54 68,306.12
106 1,172.91 696.19 476.72 67,609.93
107 1,172.91 701.05 471.86 66,908.88
108 1,172.91 705.94 466.97 66,202.93
109 1,172.91 710.87 462.04 65,492.06
110 1,172.91 715.83 457.08 64,776.23
111 1,172.91 720.83 452.08 64,055.40
112 1,172.91 725.86 447.05 63,329.55
113 1,172.91 730.92 441.99 62,598.62
114 1,172.91 736.03 436.89 61,862.60
115 1,172.91 741.16 431.75 61,121.43
116 1,172.91 746.33 426.58 60,375.10
117 1,172.91 751.54 421.37 59,623.56
118 1,172.91 756.79 416.12 58,866.77
119 1,172.91 762.07 410.84 58,104.70
120 1,172.91 767.39 405.52 57,337.31
121 1,172.91 772.74 400.17 56,564.56
122 1,172.91 778.14 394.77 55,786.42
123 1,172.91 783.57 389.34 55,002.86
124 1,172.91 789.04 383.87 54,213.82
125 1,172.91 794.54 378.37 53,419.27
126 1,172.91 800.09 372.82 52,619.19
127 1,172.91 805.67 367.24 51,813.51
128 1,172.91 811.30 361.62 51,002.22
129 1,172.91 816.96 355.95 50,185.26
130 1,172.91 822.66 350.25 49,362.60
131 1,172.91 828.40 344.51 48,534.20
132 1,172.91 834.18 338.73 47,700.01
133 1,172.91 840.01 332.91 46,860.01
134 1,172.91 845.87 327.04 46,014.14
135 1,172.91 851.77 321.14 45,162.37
136 1,172.91 857.72 315.20 44,304.65
137 1,172.91 863.70 309.21 43,440.95
138 1,172.91 869.73 303.18 42,571.22
139 1,172.91 875.80 297.11 41,695.42
140 1,172.91 881.91 291.00 40,813.51
141 1,172.91 888.07 284.84 39,925.44
142 1,172.91 894.27 278.65 39,031.18
143 1,172.91 900.51 272.41 38,130.67
144 1,172.91 906.79 266.12 37,223.88
145 1,172.91 913.12 259.79 36,310.76
146 1,172.91 919.49 253.42 35,391.27
147 1,172.91 925.91 247.00 34,465.36
148 1,172.91 932.37 240.54 33,532.99
149 1,172.91 938.88 234.03 32,594.11
150 1,172.91 945.43 227.48 31,648.68
151 1,172.91 952.03 220.88 30,696.65
152 1,172.91 958.67 214.24 29,737.97
153 1,172.91 965.37 207.55 28,772.61
154 1,172.91 972.10 200.81 27,800.50
155 1,172.91 978.89 194.02 26,821.62
156 1,172.91 985.72 187.19 25,835.90
157 1,172.91 992.60 180.31 24,843.30
158 1,172.91 999.53 173.39 23,843.77
159 1,172.91 1,006.50 166.41 22,837.27
160 1,172.91 1,013.53 159.39 21,823.75
161 1,172.91 1,020.60 152.31 20,803.15
162 1,172.91 1,027.72 145.19 19,775.42
163 1,172.91 1,034.90 138.02 18,740.53
164 1,172.91 1,042.12 130.79 17,698.41
165 1,172.91 1,049.39 123.52 16,649.02
166 1,172.91 1,056.72 116.20 15,592.30
167 1,172.91 1,064.09 108.82 14,528.21
168 1,172.91 1,071.52 101.39 13,456.70
169 1,172.91 1,078.99 93.92 12,377.70
170 1,172.91 1,086.53 86.39 11,291.18
171 1,172.91 1,094.11 78.80 10,197.07
172 1,172.91 1,101.74 71.17 9,095.32
173 1,172.91 1,109.43 63.48 7,985.89
174 1,172.91 1,117.18 55.73 6,868.71
175 1,172.91 1,124.97 47.94 5,743.74
176 1,172.91 1,132.82 40.09 4,610.91
177 1,172.91 1,140.73 32.18 3,470.18
178 1,172.91 1,148.69 24.22 2,321.49
179 1,172.91 1,156.71 16.20 1,164.78
180 1,172.91 1,164.78 8.13 0.00
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