Mortgage Loan of $120,000 for 15 Years at 8.55%

What's the payment on a 15 year home loan for $120k at 8.55% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $1,185.21

$14,222 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 8.55 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	1,185.21	330.21	855.00	119,669.79
2	1,185.21	332.56	852.65	119,337.23
3	1,185.21	334.93	850.28	119,002.30
4	1,185.21	337.32	847.89	118,664.99
5	1,185.21	339.72	845.49	118,325.27
6	1,185.21	342.14	843.07	117,983.13
7	1,185.21	344.58	840.63	117,638.55
8	1,185.21	347.03	838.17	117,291.52
9	1,185.21	349.51	835.70	116,942.01
10	1,185.21	352.00	833.21	116,590.02
11	1,185.21	354.50	830.70	116,235.52
12	1,185.21	357.03	828.18	115,878.49
13	1,185.21	359.57	825.63	115,518.91
14	1,185.21	362.13	823.07	115,156.78
15	1,185.21	364.72	820.49	114,792.06
16	1,185.21	367.31	817.89	114,424.75
17	1,185.21	369.93	815.28	114,054.82
18	1,185.21	372.57	812.64	113,682.25
19	1,185.21	375.22	809.99	113,307.03
20	1,185.21	377.89	807.31	112,929.14
21	1,185.21	380.59	804.62	112,548.55
22	1,185.21	383.30	801.91	112,165.25
23	1,185.21	386.03	799.18	111,779.22
24	1,185.21	388.78	796.43	111,390.44
25	1,185.21	391.55	793.66	110,998.89
26	1,185.21	394.34	790.87	110,604.55
27	1,185.21	397.15	788.06	110,207.40
28	1,185.21	399.98	785.23	109,807.42
29	1,185.21	402.83	782.38	109,404.59
30	1,185.21	405.70	779.51	108,998.89
31	1,185.21	408.59	776.62	108,590.30
32	1,185.21	411.50	773.71	108,178.80
33	1,185.21	414.43	770.77	107,764.37
34	1,185.21	417.39	767.82	107,346.98
35	1,185.21	420.36	764.85	106,926.62
36	1,185.21	423.35	761.85	106,503.27
37	1,185.21	426.37	758.84	106,076.90
38	1,185.21	429.41	755.80	105,647.49
39	1,185.21	432.47	752.74	105,215.02
40	1,185.21	435.55	749.66	104,779.47
41	1,185.21	438.65	746.55	104,340.82
42	1,185.21	441.78	743.43	103,899.04
43	1,185.21	444.93	740.28	103,454.11
44	1,185.21	448.10	737.11	103,006.01
45	1,185.21	451.29	733.92	102,554.72
46	1,185.21	454.50	730.70	102,100.22
47	1,185.21	457.74	727.46	101,642.48
48	1,185.21	461.00	724.20	101,181.47
49	1,185.21	464.29	720.92	100,717.18
50	1,185.21	467.60	717.61	100,249.59
51	1,185.21	470.93	714.28	99,778.66
52	1,185.21	474.28	710.92	99,304.37
53	1,185.21	477.66	707.54	98,826.71
54	1,185.21	481.07	704.14	98,345.64
55	1,185.21	484.49	700.71	97,861.15
56	1,185.21	487.95	697.26	97,373.20
57	1,185.21	491.42	693.78	96,881.78
58	1,185.21	494.92	690.28	96,386.85
59	1,185.21	498.45	686.76	95,888.40
60	1,185.21	502.00	683.20	95,386.40
61	1,185.21	505.58	679.63	94,880.82
62	1,185.21	509.18	676.03	94,371.64
63	1,185.21	512.81	672.40	93,858.83
64	1,185.21	516.46	668.74	93,342.37
65	1,185.21	520.14	665.06	92,822.22
66	1,185.21	523.85	661.36	92,298.38
67	1,185.21	527.58	657.63	91,770.79
68	1,185.21	531.34	653.87	91,239.45
69	1,185.21	535.13	650.08	90,704.33
70	1,185.21	538.94	646.27	90,165.39
71	1,185.21	542.78	642.43	89,622.61
72	1,185.21	546.65	638.56	89,075.97
73	1,185.21	550.54	634.67	88,525.42
74	1,185.21	554.46	630.74	87,970.96
75	1,185.21	558.41	626.79	87,412.55
76	1,185.21	562.39	622.81	86,850.15
77	1,185.21	566.40	618.81	86,283.75
78	1,185.21	570.44	614.77	85,713.32
79	1,185.21	574.50	610.71	85,138.82
80	1,185.21	578.59	606.61	84,560.23
81	1,185.21	582.72	602.49	83,977.51
82	1,185.21	586.87	598.34	83,390.64
83	1,185.21	591.05	594.16	82,799.59
84	1,185.21	595.26	589.95	82,204.33
85	1,185.21	599.50	585.71	81,604.83
86	1,185.21	603.77	581.43	81,001.06
87	1,185.21	608.07	577.13	80,392.99
88	1,185.21	612.41	572.80	79,780.58
89	1,185.21	616.77	568.44	79,163.81
90	1,185.21	621.17	564.04	78,542.64
91	1,185.21	625.59	559.62	77,917.05
92	1,185.21	630.05	555.16	77,287.00
93	1,185.21	634.54	550.67	76,652.47
94	1,185.21	639.06	546.15	76,013.41
95	1,185.21	643.61	541.60	75,369.80
96	1,185.21	648.20	537.01	74,721.60
97	1,185.21	652.82	532.39	74,068.78
98	1,185.21	657.47	527.74	73,411.32
99	1,185.21	662.15	523.06	72,749.17
100	1,185.21	666.87	518.34	72,082.30
101	1,185.21	671.62	513.59	71,410.68
102	1,185.21	676.41	508.80	70,734.27
103	1,185.21	681.23	503.98	70,053.04
104	1,185.21	686.08	499.13	69,366.96
105	1,185.21	690.97	494.24	68,676.00
106	1,185.21	695.89	489.32	67,980.11
107	1,185.21	700.85	484.36	67,279.26
108	1,185.21	705.84	479.36	66,573.41
109	1,185.21	710.87	474.34	65,862.54
110	1,185.21	715.94	469.27	65,146.61
111	1,185.21	721.04	464.17	64,425.57
112	1,185.21	726.17	459.03	63,699.39
113	1,185.21	731.35	453.86	62,968.05
114	1,185.21	736.56	448.65	62,231.49
115	1,185.21	741.81	443.40	61,489.68
116	1,185.21	747.09	438.11	60,742.58
117	1,185.21	752.42	432.79	59,990.17
118	1,185.21	757.78	427.43	59,232.39
119	1,185.21	763.18	422.03	58,469.21
120	1,185.21	768.61	416.59	57,700.60
121	1,185.21	774.09	411.12	56,926.51
122	1,185.21	779.61	405.60	56,146.90
123	1,185.21	785.16	400.05	55,361.74
124	1,185.21	790.75	394.45	54,570.99
125	1,185.21	796.39	388.82	53,774.60
126	1,185.21	802.06	383.14	52,972.54
127	1,185.21	807.78	377.43	52,164.76
128	1,185.21	813.53	371.67	51,351.23
129	1,185.21	819.33	365.88	50,531.90
130	1,185.21	825.17	360.04	49,706.73
131	1,185.21	831.05	354.16	48,875.68
132	1,185.21	836.97	348.24	48,038.71
133	1,185.21	842.93	342.28	47,195.78
134	1,185.21	848.94	336.27	46,346.85
135	1,185.21	854.99	330.22	45,491.86
136	1,185.21	861.08	324.13	44,630.78
137	1,185.21	867.21	317.99	43,763.57
138	1,185.21	873.39	311.82	42,890.18
139	1,185.21	879.61	305.59	42,010.56
140	1,185.21	885.88	299.33	41,124.68
141	1,185.21	892.19	293.01	40,232.49
142	1,185.21	898.55	286.66	39,333.94
143	1,185.21	904.95	280.25	38,428.98
144	1,185.21	911.40	273.81	37,517.58
145	1,185.21	917.89	267.31	36,599.69
146	1,185.21	924.43	260.77	35,675.26
147	1,185.21	931.02	254.19	34,744.23
148	1,185.21	937.65	247.55	33,806.58
149	1,185.21	944.34	240.87	32,862.24
150	1,185.21	951.06	234.14	31,911.18
151	1,185.21	957.84	227.37	30,953.34
152	1,185.21	964.66	220.54	29,988.68
153	1,185.21	971.54	213.67	29,017.14
154	1,185.21	978.46	206.75	28,038.68
155	1,185.21	985.43	199.78	27,053.25
156	1,185.21	992.45	192.75	26,060.79
157	1,185.21	999.52	185.68	25,061.27
158	1,185.21	1,006.65	178.56	24,054.62
159	1,185.21	1,013.82	171.39	23,040.81
160	1,185.21	1,021.04	164.17	22,019.77
161	1,185.21	1,028.32	156.89	20,991.45
162	1,185.21	1,035.64	149.56	19,955.81
163	1,185.21	1,043.02	142.19	18,912.78
164	1,185.21	1,050.45	134.75	17,862.33
165	1,185.21	1,057.94	127.27	16,804.39
166	1,185.21	1,065.48	119.73	15,738.92
167	1,185.21	1,073.07	112.14	14,665.85
168	1,185.21	1,080.71	104.49	13,585.14
169	1,185.21	1,088.41	96.79	12,496.72
170	1,185.21	1,096.17	89.04	11,400.55
171	1,185.21	1,103.98	81.23	10,296.58
172	1,185.21	1,111.84	73.36	9,184.73
173	1,185.21	1,119.77	65.44	8,064.97
174	1,185.21	1,127.74	57.46	6,937.22
175	1,185.21	1,135.78	49.43	5,801.44
176	1,185.21	1,143.87	41.34	4,657.57
177	1,185.21	1,152.02	33.19	3,505.55
178	1,185.21	1,160.23	24.98	2,345.32
179	1,185.21	1,168.50	16.71	1,176.82
180	1,185.21	1,176.82	8.38	0.00