Mortgage Loan of $120,000 for 15 Years at 8.40%
What's the payment on a 15 year home loan for $120k at 8.40% interest?
Results
Monthly payment: $1,174.66
$14,096 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 8.40 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 | 1,174.66 | 334.66 | 840.00 | 119,665.34 |
| 2 | 1,174.66 | 337.01 | 837.66 | 119,328.33 |
| 3 | 1,174.66 | 339.37 | 835.30 | 118,988.96 |
| 4 | 1,174.66 | 341.74 | 832.92 | 118,647.22 |
| 5 | 1,174.66 | 344.13 | 830.53 | 118,303.09 |
| 6 | 1,174.66 | 346.54 | 828.12 | 117,956.55 |
| 7 | 1,174.66 | 348.97 | 825.70 | 117,607.58 |
| 8 | 1,174.66 | 351.41 | 823.25 | 117,256.17 |
| 9 | 1,174.66 | 353.87 | 820.79 | 116,902.30 |
| 10 | 1,174.66 | 356.35 | 818.32 | 116,545.95 |
| 11 | 1,174.66 | 358.84 | 815.82 | 116,187.11 |
| 12 | 1,174.66 | 361.35 | 813.31 | 115,825.75 |
| 13 | 1,174.66 | 363.88 | 810.78 | 115,461.87 |
| 14 | 1,174.66 | 366.43 | 808.23 | 115,095.44 |
| 15 | 1,174.66 | 369.00 | 805.67 | 114,726.44 |
| 16 | 1,174.66 | 371.58 | 803.09 | 114,354.86 |
| 17 | 1,174.66 | 374.18 | 800.48 | 113,980.68 |
| 18 | 1,174.66 | 376.80 | 797.86 | 113,603.88 |
| 19 | 1,174.66 | 379.44 | 795.23 | 113,224.45 |
| 20 | 1,174.66 | 382.09 | 792.57 | 112,842.35 |
| 21 | 1,174.66 | 384.77 | 789.90 | 112,457.59 |
| 22 | 1,174.66 | 387.46 | 787.20 | 112,070.13 |
| 23 | 1,174.66 | 390.17 | 784.49 | 111,679.95 |
| 24 | 1,174.66 | 392.90 | 781.76 | 111,287.05 |
| 25 | 1,174.66 | 395.65 | 779.01 | 110,891.39 |
| 26 | 1,174.66 | 398.42 | 776.24 | 110,492.97 |
| 27 | 1,174.66 | 401.21 | 773.45 | 110,091.76 |
| 28 | 1,174.66 | 404.02 | 770.64 | 109,687.74 |
| 29 | 1,174.66 | 406.85 | 767.81 | 109,280.89 |
| 30 | 1,174.66 | 409.70 | 764.97 | 108,871.19 |
| 31 | 1,174.66 | 412.57 | 762.10 | 108,458.62 |
| 32 | 1,174.66 | 415.45 | 759.21 | 108,043.17 |
| 33 | 1,174.66 | 418.36 | 756.30 | 107,624.81 |
| 34 | 1,174.66 | 421.29 | 753.37 | 107,203.52 |
| 35 | 1,174.66 | 424.24 | 750.42 | 106,779.28 |
| 36 | 1,174.66 | 427.21 | 747.45 | 106,352.07 |
| 37 | 1,174.66 | 430.20 | 744.46 | 105,921.87 |
| 38 | 1,174.66 | 433.21 | 741.45 | 105,488.66 |
| 39 | 1,174.66 | 436.24 | 738.42 | 105,052.41 |
| 40 | 1,174.66 | 439.30 | 735.37 | 104,613.12 |
| 41 | 1,174.66 | 442.37 | 732.29 | 104,170.75 |
| 42 | 1,174.66 | 445.47 | 729.20 | 103,725.28 |
| 43 | 1,174.66 | 448.59 | 726.08 | 103,276.69 |
| 44 | 1,174.66 | 451.73 | 722.94 | 102,824.96 |
| 45 | 1,174.66 | 454.89 | 719.77 | 102,370.07 |
| 46 | 1,174.66 | 458.07 | 716.59 | 101,912.00 |
| 47 | 1,174.66 | 461.28 | 713.38 | 101,450.72 |
| 48 | 1,174.66 | 464.51 | 710.16 | 100,986.21 |
| 49 | 1,174.66 | 467.76 | 706.90 | 100,518.45 |
| 50 | 1,174.66 | 471.03 | 703.63 | 100,047.42 |
| 51 | 1,174.66 | 474.33 | 700.33 | 99,573.08 |
| 52 | 1,174.66 | 477.65 | 697.01 | 99,095.43 |
| 53 | 1,174.66 | 481.00 | 693.67 | 98,614.43 |
| 54 | 1,174.66 | 484.36 | 690.30 | 98,130.07 |
| 55 | 1,174.66 | 487.75 | 686.91 | 97,642.32 |
| 56 | 1,174.66 | 491.17 | 683.50 | 97,151.15 |
| 57 | 1,174.66 | 494.61 | 680.06 | 96,656.54 |
| 58 | 1,174.66 | 498.07 | 676.60 | 96,158.48 |
| 59 | 1,174.66 | 501.55 | 673.11 | 95,656.92 |
| 60 | 1,174.66 | 505.07 | 669.60 | 95,151.86 |
| 61 | 1,174.66 | 508.60 | 666.06 | 94,643.26 |
| 62 | 1,174.66 | 512.16 | 662.50 | 94,131.09 |
| 63 | 1,174.66 | 515.75 | 658.92 | 93,615.35 |
| 64 | 1,174.66 | 519.36 | 655.31 | 93,095.99 |
| 65 | 1,174.66 | 522.99 | 651.67 | 92,573.00 |
| 66 | 1,174.66 | 526.65 | 648.01 | 92,046.35 |
| 67 | 1,174.66 | 530.34 | 644.32 | 91,516.01 |
| 68 | 1,174.66 | 534.05 | 640.61 | 90,981.96 |
| 69 | 1,174.66 | 537.79 | 636.87 | 90,444.17 |
| 70 | 1,174.66 | 541.55 | 633.11 | 89,902.61 |
| 71 | 1,174.66 | 545.35 | 629.32 | 89,357.26 |
| 72 | 1,174.66 | 549.16 | 625.50 | 88,808.10 |
| 73 | 1,174.66 | 553.01 | 621.66 | 88,255.09 |
| 74 | 1,174.66 | 556.88 | 617.79 | 87,698.22 |
| 75 | 1,174.66 | 560.78 | 613.89 | 87,137.44 |
| 76 | 1,174.66 | 564.70 | 609.96 | 86,572.74 |
| 77 | 1,174.66 | 568.65 | 606.01 | 86,004.08 |
| 78 | 1,174.66 | 572.64 | 602.03 | 85,431.45 |
| 79 | 1,174.66 | 576.64 | 598.02 | 84,854.80 |
| 80 | 1,174.66 | 580.68 | 593.98 | 84,274.12 |
| 81 | 1,174.66 | 584.75 | 589.92 | 83,689.38 |
| 82 | 1,174.66 | 588.84 | 585.83 | 83,100.54 |
| 83 | 1,174.66 | 592.96 | 581.70 | 82,507.58 |
| 84 | 1,174.66 | 597.11 | 577.55 | 81,910.47 |
| 85 | 1,174.66 | 601.29 | 573.37 | 81,309.18 |
| 86 | 1,174.66 | 605.50 | 569.16 | 80,703.68 |
| 87 | 1,174.66 | 609.74 | 564.93 | 80,093.94 |
| 88 | 1,174.66 | 614.01 | 560.66 | 79,479.93 |
| 89 | 1,174.66 | 618.30 | 556.36 | 78,861.63 |
| 90 | 1,174.66 | 622.63 | 552.03 | 78,239.00 |
| 91 | 1,174.66 | 626.99 | 547.67 | 77,612.01 |
| 92 | 1,174.66 | 631.38 | 543.28 | 76,980.63 |
| 93 | 1,174.66 | 635.80 | 538.86 | 76,344.83 |
| 94 | 1,174.66 | 640.25 | 534.41 | 75,704.58 |
| 95 | 1,174.66 | 644.73 | 529.93 | 75,059.84 |
| 96 | 1,174.66 | 649.25 | 525.42 | 74,410.60 |
| 97 | 1,174.66 | 653.79 | 520.87 | 73,756.81 |
| 98 | 1,174.66 | 658.37 | 516.30 | 73,098.44 |
| 99 | 1,174.66 | 662.97 | 511.69 | 72,435.47 |
| 100 | 1,174.66 | 667.62 | 507.05 | 71,767.85 |
| 101 | 1,174.66 | 672.29 | 502.37 | 71,095.56 |
| 102 | 1,174.66 | 677.00 | 497.67 | 70,418.57 |
| 103 | 1,174.66 | 681.73 | 492.93 | 69,736.83 |
| 104 | 1,174.66 | 686.51 | 488.16 | 69,050.33 |
| 105 | 1,174.66 | 691.31 | 483.35 | 68,359.02 |
| 106 | 1,174.66 | 696.15 | 478.51 | 67,662.87 |
| 107 | 1,174.66 | 701.02 | 473.64 | 66,961.84 |
| 108 | 1,174.66 | 705.93 | 468.73 | 66,255.91 |
| 109 | 1,174.66 | 710.87 | 463.79 | 65,545.04 |
| 110 | 1,174.66 | 715.85 | 458.82 | 64,829.19 |
| 111 | 1,174.66 | 720.86 | 453.80 | 64,108.33 |
| 112 | 1,174.66 | 725.91 | 448.76 | 63,382.42 |
| 113 | 1,174.66 | 730.99 | 443.68 | 62,651.44 |
| 114 | 1,174.66 | 736.10 | 438.56 | 61,915.33 |
| 115 | 1,174.66 | 741.26 | 433.41 | 61,174.08 |
| 116 | 1,174.66 | 746.45 | 428.22 | 60,427.63 |
| 117 | 1,174.66 | 751.67 | 422.99 | 59,675.96 |
| 118 | 1,174.66 | 756.93 | 417.73 | 58,919.03 |
| 119 | 1,174.66 | 762.23 | 412.43 | 58,156.80 |
| 120 | 1,174.66 | 767.57 | 407.10 | 57,389.23 |
| 121 | 1,174.66 | 772.94 | 401.72 | 56,616.29 |
| 122 | 1,174.66 | 778.35 | 396.31 | 55,837.94 |
| 123 | 1,174.66 | 783.80 | 390.87 | 55,054.14 |
| 124 | 1,174.66 | 789.28 | 385.38 | 54,264.86 |
| 125 | 1,174.66 | 794.81 | 379.85 | 53,470.05 |
| 126 | 1,174.66 | 800.37 | 374.29 | 52,669.68 |
| 127 | 1,174.66 | 805.98 | 368.69 | 51,863.70 |
| 128 | 1,174.66 | 811.62 | 363.05 | 51,052.08 |
| 129 | 1,174.66 | 817.30 | 357.36 | 50,234.78 |
| 130 | 1,174.66 | 823.02 | 351.64 | 49,411.76 |
| 131 | 1,174.66 | 828.78 | 345.88 | 48,582.98 |
| 132 | 1,174.66 | 834.58 | 340.08 | 47,748.40 |
| 133 | 1,174.66 | 840.43 | 334.24 | 46,907.97 |
| 134 | 1,174.66 | 846.31 | 328.36 | 46,061.66 |
| 135 | 1,174.66 | 852.23 | 322.43 | 45,209.43 |
| 136 | 1,174.66 | 858.20 | 316.47 | 44,351.23 |
| 137 | 1,174.66 | 864.21 | 310.46 | 43,487.03 |
| 138 | 1,174.66 | 870.25 | 304.41 | 42,616.77 |
| 139 | 1,174.66 | 876.35 | 298.32 | 41,740.43 |
| 140 | 1,174.66 | 882.48 | 292.18 | 40,857.95 |
| 141 | 1,174.66 | 888.66 | 286.01 | 39,969.29 |
| 142 | 1,174.66 | 894.88 | 279.79 | 39,074.41 |
| 143 | 1,174.66 | 901.14 | 273.52 | 38,173.26 |
| 144 | 1,174.66 | 907.45 | 267.21 | 37,265.81 |
| 145 | 1,174.66 | 913.80 | 260.86 | 36,352.01 |
| 146 | 1,174.66 | 920.20 | 254.46 | 35,431.81 |
| 147 | 1,174.66 | 926.64 | 248.02 | 34,505.17 |
| 148 | 1,174.66 | 933.13 | 241.54 | 33,572.04 |
| 149 | 1,174.66 | 939.66 | 235.00 | 32,632.38 |
| 150 | 1,174.66 | 946.24 | 228.43 | 31,686.14 |
| 151 | 1,174.66 | 952.86 | 221.80 | 30,733.28 |
| 152 | 1,174.66 | 959.53 | 215.13 | 29,773.75 |
| 153 | 1,174.66 | 966.25 | 208.42 | 28,807.51 |
| 154 | 1,174.66 | 973.01 | 201.65 | 27,834.49 |
| 155 | 1,174.66 | 979.82 | 194.84 | 26,854.67 |
| 156 | 1,174.66 | 986.68 | 187.98 | 25,867.99 |
| 157 | 1,174.66 | 993.59 | 181.08 | 24,874.40 |
| 158 | 1,174.66 | 1,000.54 | 174.12 | 23,873.86 |
| 159 | 1,174.66 | 1,007.55 | 167.12 | 22,866.31 |
| 160 | 1,174.66 | 1,014.60 | 160.06 | 21,851.71 |
| 161 | 1,174.66 | 1,021.70 | 152.96 | 20,830.01 |
| 162 | 1,174.66 | 1,028.85 | 145.81 | 19,801.16 |
| 163 | 1,174.66 | 1,036.06 | 138.61 | 18,765.10 |
| 164 | 1,174.66 | 1,043.31 | 131.36 | 17,721.79 |
| 165 | 1,174.66 | 1,050.61 | 124.05 | 16,671.18 |
| 166 | 1,174.66 | 1,057.97 | 116.70 | 15,613.21 |
| 167 | 1,174.66 | 1,065.37 | 109.29 | 14,547.84 |
| 168 | 1,174.66 | 1,072.83 | 101.83 | 13,475.01 |
| 169 | 1,174.66 | 1,080.34 | 94.33 | 12,394.68 |
| 170 | 1,174.66 | 1,087.90 | 86.76 | 11,306.77 |
| 171 | 1,174.66 | 1,095.52 | 79.15 | 10,211.26 |
| 172 | 1,174.66 | 1,103.19 | 71.48 | 9,108.07 |
| 173 | 1,174.66 | 1,110.91 | 63.76 | 7,997.17 |
| 174 | 1,174.66 | 1,118.68 | 55.98 | 6,878.48 |
| 175 | 1,174.66 | 1,126.51 | 48.15 | 5,751.97 |
| 176 | 1,174.66 | 1,134.40 | 40.26 | 4,617.57 |
| 177 | 1,174.66 | 1,142.34 | 32.32 | 3,475.23 |
| 178 | 1,174.66 | 1,150.34 | 24.33 | 2,324.89 |
| 179 | 1,174.66 | 1,158.39 | 16.27 | 1,166.50 |
| 180 | 1,174.66 | 1,166.50 | 8.17 | 0.00 |