Mortgage Loan of $120,000 for 15 Years at 8.75%

What's the payment on a 15 year home loan for $120k at 8.75% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $1,199.34

$14,392 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 8.75 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	1,199.34	324.34	875.00	119,675.66
2	1,199.34	326.70	872.64	119,348.96
3	1,199.34	329.09	870.25	119,019.87
4	1,199.34	331.49	867.85	118,688.39
5	1,199.34	333.90	865.44	118,354.49
6	1,199.34	336.34	863.00	118,018.15
7	1,199.34	338.79	860.55	117,679.36
8	1,199.34	341.26	858.08	117,338.10
9	1,199.34	343.75	855.59	116,994.35
10	1,199.34	346.25	853.08	116,648.10
11	1,199.34	348.78	850.56	116,299.32
12	1,199.34	351.32	848.02	115,947.99
13	1,199.34	353.88	845.45	115,594.11
14	1,199.34	356.46	842.87	115,237.65
15	1,199.34	359.06	840.27	114,878.58
16	1,199.34	361.68	837.66	114,516.90
17	1,199.34	364.32	835.02	114,152.58
18	1,199.34	366.98	832.36	113,785.60
19	1,199.34	369.65	829.69	113,415.95
20	1,199.34	372.35	826.99	113,043.61
21	1,199.34	375.06	824.28	112,668.54
22	1,199.34	377.80	821.54	112,290.75
23	1,199.34	380.55	818.79	111,910.20
24	1,199.34	383.33	816.01	111,526.87
25	1,199.34	386.12	813.22	111,140.75
26	1,199.34	388.94	810.40	110,751.81
27	1,199.34	391.77	807.57	110,360.04
28	1,199.34	394.63	804.71	109,965.41
29	1,199.34	397.51	801.83	109,567.90
30	1,199.34	400.41	798.93	109,167.49
31	1,199.34	403.33	796.01	108,764.17
32	1,199.34	406.27	793.07	108,357.90
33	1,199.34	409.23	790.11	107,948.67
34	1,199.34	412.21	787.13	107,536.46
35	1,199.34	415.22	784.12	107,121.24
36	1,199.34	418.25	781.09	106,703.00
37	1,199.34	421.30	778.04	106,281.70
38	1,199.34	424.37	774.97	105,857.33
39	1,199.34	427.46	771.88	105,429.87
40	1,199.34	430.58	768.76	104,999.29
41	1,199.34	433.72	765.62	104,565.57
42	1,199.34	436.88	762.46	104,128.69
43	1,199.34	440.07	759.27	103,688.63
44	1,199.34	443.28	756.06	103,245.35
45	1,199.34	446.51	752.83	102,798.84
46	1,199.34	449.76	749.57	102,349.08
47	1,199.34	453.04	746.30	101,896.04
48	1,199.34	456.35	742.99	101,439.69
49	1,199.34	459.67	739.66	100,980.02
50	1,199.34	463.03	736.31	100,516.99
51	1,199.34	466.40	732.94	100,050.59
52	1,199.34	469.80	729.54	99,580.79
53	1,199.34	473.23	726.11	99,107.56
54	1,199.34	476.68	722.66	98,630.88
55	1,199.34	480.15	719.18	98,150.72
56	1,199.34	483.66	715.68	97,667.07
57	1,199.34	487.18	712.16	97,179.88
58	1,199.34	490.74	708.60	96,689.15
59	1,199.34	494.31	705.03	96,194.84
60	1,199.34	497.92	701.42	95,696.92
61	1,199.34	501.55	697.79	95,195.37
62	1,199.34	505.21	694.13	94,690.16
63	1,199.34	508.89	690.45	94,181.28
64	1,199.34	512.60	686.74	93,668.68
65	1,199.34	516.34	683.00	93,152.34
66	1,199.34	520.10	679.24	92,632.24
67	1,199.34	523.89	675.44	92,108.34
68	1,199.34	527.72	671.62	91,580.63
69	1,199.34	531.56	667.78	91,049.06
70	1,199.34	535.44	663.90	90,513.62
71	1,199.34	539.34	660.00	89,974.28
72	1,199.34	543.28	656.06	89,431.00
73	1,199.34	547.24	652.10	88,883.77
74	1,199.34	551.23	648.11	88,332.54
75	1,199.34	555.25	644.09	87,777.29
76	1,199.34	559.30	640.04	87,218.00
77	1,199.34	563.37	635.96	86,654.62
78	1,199.34	567.48	631.86	86,087.14
79	1,199.34	571.62	627.72	85,515.52
80	1,199.34	575.79	623.55	84,939.73
81	1,199.34	579.99	619.35	84,359.75
82	1,199.34	584.22	615.12	83,775.53
83	1,199.34	588.48	610.86	83,187.06
84	1,199.34	592.77	606.57	82,594.29
85	1,199.34	597.09	602.25	81,997.20
86	1,199.34	601.44	597.90	81,395.76
87	1,199.34	605.83	593.51	80,789.93
88	1,199.34	610.25	589.09	80,179.69
89	1,199.34	614.69	584.64	79,564.99
90	1,199.34	619.18	580.16	78,945.82
91	1,199.34	623.69	575.65	78,322.12
92	1,199.34	628.24	571.10	77,693.88
93	1,199.34	632.82	566.52	77,061.06
94	1,199.34	637.43	561.90	76,423.63
95	1,199.34	642.08	557.26	75,781.55
96	1,199.34	646.76	552.57	75,134.78
97	1,199.34	651.48	547.86	74,483.30
98	1,199.34	656.23	543.11	73,827.07
99	1,199.34	661.02	538.32	73,166.05
100	1,199.34	665.84	533.50	72,500.22
101	1,199.34	670.69	528.65	71,829.53
102	1,199.34	675.58	523.76	71,153.95
103	1,199.34	680.51	518.83	70,473.44
104	1,199.34	685.47	513.87	69,787.97
105	1,199.34	690.47	508.87	69,097.50
106	1,199.34	695.50	503.84	68,402.00
107	1,199.34	700.57	498.76	67,701.43
108	1,199.34	705.68	493.66	66,995.74
109	1,199.34	710.83	488.51	66,284.92
110	1,199.34	716.01	483.33	65,568.90
111	1,199.34	721.23	478.11	64,847.67
112	1,199.34	726.49	472.85	64,121.18
113	1,199.34	731.79	467.55	63,389.39
114	1,199.34	737.12	462.21	62,652.27
115	1,199.34	742.50	456.84	61,909.77
116	1,199.34	747.91	451.43	61,161.86
117	1,199.34	753.37	445.97	60,408.49
118	1,199.34	758.86	440.48	59,649.63
119	1,199.34	764.39	434.95	58,885.24
120	1,199.34	769.97	429.37	58,115.27
121	1,199.34	775.58	423.76	57,339.69
122	1,199.34	781.24	418.10	56,558.45
123	1,199.34	786.93	412.41	55,771.52
124	1,199.34	792.67	406.67	54,978.85
125	1,199.34	798.45	400.89	54,180.40
126	1,199.34	804.27	395.07	53,376.13
127	1,199.34	810.14	389.20	52,565.99
128	1,199.34	816.04	383.29	51,749.94
129	1,199.34	822.00	377.34	50,927.95
130	1,199.34	827.99	371.35	50,099.96
131	1,199.34	834.03	365.31	49,265.93
132	1,199.34	840.11	359.23	48,425.83
133	1,199.34	846.23	353.10	47,579.59
134	1,199.34	852.40	346.93	46,727.19
135	1,199.34	858.62	340.72	45,868.57
136	1,199.34	864.88	334.46	45,003.69
137	1,199.34	871.19	328.15	44,132.50
138	1,199.34	877.54	321.80	43,254.96
139	1,199.34	883.94	315.40	42,371.03
140	1,199.34	890.38	308.96	41,480.64
141	1,199.34	896.88	302.46	40,583.77
142	1,199.34	903.42	295.92	39,680.35
143	1,199.34	910.00	289.34	38,770.35
144	1,199.34	916.64	282.70	37,853.71
145	1,199.34	923.32	276.02	36,930.39
146	1,199.34	930.05	269.28	36,000.34
147	1,199.34	936.84	262.50	35,063.50
148	1,199.34	943.67	255.67	34,119.83
149	1,199.34	950.55	248.79	33,169.29
150	1,199.34	957.48	241.86	32,211.81
151	1,199.34	964.46	234.88	31,247.35
152	1,199.34	971.49	227.85	30,275.85
153	1,199.34	978.58	220.76	29,297.28
154	1,199.34	985.71	213.63	28,311.56
155	1,199.34	992.90	206.44	27,318.66
156	1,199.34	1,000.14	199.20	26,318.52
157	1,199.34	1,007.43	191.91	25,311.09
158	1,199.34	1,014.78	184.56	24,296.31
159	1,199.34	1,022.18	177.16	23,274.14
160	1,199.34	1,029.63	169.71	22,244.50
161	1,199.34	1,037.14	162.20	21,207.37
162	1,199.34	1,044.70	154.64	20,162.66
163	1,199.34	1,052.32	147.02	19,110.35
164	1,199.34	1,059.99	139.35	18,050.35
165	1,199.34	1,067.72	131.62	16,982.63
166	1,199.34	1,075.51	123.83	15,907.13
167	1,199.34	1,083.35	115.99	14,823.78
168	1,199.34	1,091.25	108.09	13,732.53
169	1,199.34	1,099.21	100.13	12,633.32
170	1,199.34	1,107.22	92.12	11,526.10
171	1,199.34	1,115.29	84.04	10,410.81
172	1,199.34	1,123.43	75.91	9,287.38
173	1,199.34	1,131.62	67.72	8,155.76
174	1,199.34	1,139.87	59.47	7,015.89
175	1,199.34	1,148.18	51.16	5,867.71
176	1,199.34	1,156.55	42.79	4,711.16
177	1,199.34	1,164.99	34.35	3,546.17
178	1,199.34	1,173.48	25.86	2,372.69
179	1,199.34	1,182.04	17.30	1,190.66
180	1,199.34	1,190.66	8.68	0.00