Mortgage Loan of $120,000 for 15 Years at 8.45%

What's the payment on a 15 year home loan for $120k at 8.45% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $1,178.17

$14,138 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 8.45 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	1,178.17	333.17	845.00	119,666.83
2	1,178.17	335.52	842.65	119,331.31
3	1,178.17	337.88	840.29	118,993.43
4	1,178.17	340.26	837.91	118,653.16
5	1,178.17	342.66	835.52	118,310.51
6	1,178.17	345.07	833.10	117,965.44
7	1,178.17	347.50	830.67	117,617.94
8	1,178.17	349.95	828.23	117,267.99
9	1,178.17	352.41	825.76	116,915.58
10	1,178.17	354.89	823.28	116,560.69
11	1,178.17	357.39	820.78	116,203.30
12	1,178.17	359.91	818.26	115,843.39
13	1,178.17	362.44	815.73	115,480.95
14	1,178.17	364.99	813.18	115,115.95
15	1,178.17	367.56	810.61	114,748.39
16	1,178.17	370.15	808.02	114,378.23
17	1,178.17	372.76	805.41	114,005.47
18	1,178.17	375.38	802.79	113,630.09
19	1,178.17	378.03	800.15	113,252.06
20	1,178.17	380.69	797.48	112,871.37
21	1,178.17	383.37	794.80	112,488.00
22	1,178.17	386.07	792.10	112,101.93
23	1,178.17	388.79	789.38	111,713.14
24	1,178.17	391.53	786.65	111,321.62
25	1,178.17	394.28	783.89	110,927.33
26	1,178.17	397.06	781.11	110,530.27
27	1,178.17	399.86	778.32	110,130.42
28	1,178.17	402.67	775.50	109,727.75
29	1,178.17	405.51	772.67	109,322.24
30	1,178.17	408.36	769.81	108,913.88
31	1,178.17	411.24	766.94	108,502.64
32	1,178.17	414.13	764.04	108,088.50
33	1,178.17	417.05	761.12	107,671.45
34	1,178.17	419.99	758.19	107,251.47
35	1,178.17	422.94	755.23	106,828.52
36	1,178.17	425.92	752.25	106,402.60
37	1,178.17	428.92	749.25	105,973.68
38	1,178.17	431.94	746.23	105,541.74
39	1,178.17	434.98	743.19	105,106.76
40	1,178.17	438.05	740.13	104,668.71
41	1,178.17	441.13	737.04	104,227.58
42	1,178.17	444.24	733.94	103,783.34
43	1,178.17	447.37	730.81	103,335.98
44	1,178.17	450.52	727.66	102,885.46
45	1,178.17	453.69	724.49	102,431.77
46	1,178.17	456.88	721.29	101,974.89
47	1,178.17	460.10	718.07	101,514.79
48	1,178.17	463.34	714.83	101,051.45
49	1,178.17	466.60	711.57	100,584.85
50	1,178.17	469.89	708.28	100,114.96
51	1,178.17	473.20	704.98	99,641.76
52	1,178.17	476.53	701.64	99,165.23
53	1,178.17	479.88	698.29	98,685.35
54	1,178.17	483.26	694.91	98,202.08
55	1,178.17	486.67	691.51	97,715.42
56	1,178.17	490.09	688.08	97,225.32
57	1,178.17	493.54	684.63	96,731.78
58	1,178.17	497.02	681.15	96,234.76
59	1,178.17	500.52	677.65	95,734.24
60	1,178.17	504.04	674.13	95,230.20
61	1,178.17	507.59	670.58	94,722.60
62	1,178.17	511.17	667.00	94,211.43
63	1,178.17	514.77	663.41	93,696.67
64	1,178.17	518.39	659.78	93,178.27
65	1,178.17	522.04	656.13	92,656.23
66	1,178.17	525.72	652.45	92,130.51
67	1,178.17	529.42	648.75	91,601.09
68	1,178.17	533.15	645.02	91,067.94
69	1,178.17	536.90	641.27	90,531.04
70	1,178.17	540.68	637.49	89,990.36
71	1,178.17	544.49	633.68	89,445.86
72	1,178.17	548.33	629.85	88,897.54
73	1,178.17	552.19	625.99	88,345.35
74	1,178.17	556.07	622.10	87,789.28
75	1,178.17	559.99	618.18	87,229.29
76	1,178.17	563.93	614.24	86,665.36
77	1,178.17	567.90	610.27	86,097.45
78	1,178.17	571.90	606.27	85,525.55
79	1,178.17	575.93	602.24	84,949.62
80	1,178.17	579.99	598.19	84,369.63
81	1,178.17	584.07	594.10	83,785.56
82	1,178.17	588.18	589.99	83,197.38
83	1,178.17	592.32	585.85	82,605.05
84	1,178.17	596.50	581.68	82,008.56
85	1,178.17	600.70	577.48	81,407.86
86	1,178.17	604.93	573.25	80,802.93
87	1,178.17	609.19	568.99	80,193.75
88	1,178.17	613.48	564.70	79,580.27
89	1,178.17	617.80	560.38	78,962.48
90	1,178.17	622.15	556.03	78,340.33
91	1,178.17	626.53	551.65	77,713.81
92	1,178.17	630.94	547.23	77,082.87
93	1,178.17	635.38	542.79	76,447.49
94	1,178.17	639.86	538.32	75,807.63
95	1,178.17	644.36	533.81	75,163.27
96	1,178.17	648.90	529.27	74,514.37
97	1,178.17	653.47	524.71	73,860.90
98	1,178.17	658.07	520.10	73,202.83
99	1,178.17	662.70	515.47	72,540.13
100	1,178.17	667.37	510.80	71,872.76
101	1,178.17	672.07	506.10	71,200.69
102	1,178.17	676.80	501.37	70,523.89
103	1,178.17	681.57	496.61	69,842.32
104	1,178.17	686.37	491.81	69,155.96
105	1,178.17	691.20	486.97	68,464.76
106	1,178.17	696.07	482.11	67,768.69
107	1,178.17	700.97	477.20	67,067.72
108	1,178.17	705.90	472.27	66,361.82
109	1,178.17	710.88	467.30	65,650.94
110	1,178.17	715.88	462.29	64,935.06
111	1,178.17	720.92	457.25	64,214.14
112	1,178.17	726.00	452.17	63,488.14
113	1,178.17	731.11	447.06	62,757.03
114	1,178.17	736.26	441.91	62,020.77
115	1,178.17	741.44	436.73	61,279.33
116	1,178.17	746.66	431.51	60,532.66
117	1,178.17	751.92	426.25	59,780.74
118	1,178.17	757.22	420.96	59,023.52
119	1,178.17	762.55	415.62	58,260.97
120	1,178.17	767.92	410.25	57,493.05
121	1,178.17	773.33	404.85	56,719.73
122	1,178.17	778.77	399.40	55,940.96
123	1,178.17	784.26	393.92	55,156.70
124	1,178.17	789.78	388.40	54,366.92
125	1,178.17	795.34	382.83	53,571.58
126	1,178.17	800.94	377.23	52,770.64
127	1,178.17	806.58	371.59	51,964.06
128	1,178.17	812.26	365.91	51,151.81
129	1,178.17	817.98	360.19	50,333.83
130	1,178.17	823.74	354.43	49,510.09
131	1,178.17	829.54	348.63	48,680.55
132	1,178.17	835.38	342.79	47,845.17
133	1,178.17	841.26	336.91	47,003.90
134	1,178.17	847.19	330.99	46,156.72
135	1,178.17	853.15	325.02	45,303.56
136	1,178.17	859.16	319.01	44,444.40
137	1,178.17	865.21	312.96	43,579.19
138	1,178.17	871.30	306.87	42,707.89
139	1,178.17	877.44	300.73	41,830.45
140	1,178.17	883.62	294.56	40,946.83
141	1,178.17	889.84	288.33	40,056.99
142	1,178.17	896.11	282.07	39,160.89
143	1,178.17	902.42	275.76	38,258.47
144	1,178.17	908.77	269.40	37,349.71
145	1,178.17	915.17	263.00	36,434.54
146	1,178.17	921.61	256.56	35,512.92
147	1,178.17	928.10	250.07	34,584.82
148	1,178.17	934.64	243.53	33,650.18
149	1,178.17	941.22	236.95	32,708.96
150	1,178.17	947.85	230.33	31,761.11
151	1,178.17	954.52	223.65	30,806.59
152	1,178.17	961.24	216.93	29,845.35
153	1,178.17	968.01	210.16	28,877.34
154	1,178.17	974.83	203.34	27,902.51
155	1,178.17	981.69	196.48	26,920.82
156	1,178.17	988.61	189.57	25,932.21
157	1,178.17	995.57	182.61	24,936.64
158	1,178.17	1,002.58	175.60	23,934.07
159	1,178.17	1,009.64	168.54	22,924.43
160	1,178.17	1,016.75	161.43	21,907.68
161	1,178.17	1,023.91	154.27	20,883.77
162	1,178.17	1,031.12	147.06	19,852.66
163	1,178.17	1,038.38	139.80	18,814.28
164	1,178.17	1,045.69	132.48	17,768.59
165	1,178.17	1,053.05	125.12	16,715.54
166	1,178.17	1,060.47	117.71	15,655.07
167	1,178.17	1,067.94	110.24	14,587.14
168	1,178.17	1,075.46	102.72	13,511.68
169	1,178.17	1,083.03	95.14	12,428.65
170	1,178.17	1,090.65	87.52	11,338.00
171	1,178.17	1,098.33	79.84	10,239.66
172	1,178.17	1,106.07	72.10	9,133.59
173	1,178.17	1,113.86	64.32	8,019.74
174	1,178.17	1,121.70	56.47	6,898.04
175	1,178.17	1,129.60	48.57	5,768.44
176	1,178.17	1,137.55	40.62	4,630.88
177	1,178.17	1,145.56	32.61	3,485.32
178	1,178.17	1,153.63	24.54	2,331.69
179	1,178.17	1,161.75	16.42	1,169.93
180	1,178.17	1,169.93	8.24	0.00