Mortgage Loan of $120,000 for 15 Years at 8.90%
What's the payment on a 15 year home loan for $120k at 8.90% interest?
Results
Monthly payment: $1,209.99
$14,520 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 8.90 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 | 1,209.99 | 319.99 | 890.00 | 119,680.01 |
| 2 | 1,209.99 | 322.36 | 887.63 | 119,357.64 |
| 3 | 1,209.99 | 324.76 | 885.24 | 119,032.89 |
| 4 | 1,209.99 | 327.16 | 882.83 | 118,705.72 |
| 5 | 1,209.99 | 329.59 | 880.40 | 118,376.13 |
| 6 | 1,209.99 | 332.04 | 877.96 | 118,044.10 |
| 7 | 1,209.99 | 334.50 | 875.49 | 117,709.60 |
| 8 | 1,209.99 | 336.98 | 873.01 | 117,372.62 |
| 9 | 1,209.99 | 339.48 | 870.51 | 117,033.14 |
| 10 | 1,209.99 | 342.00 | 868.00 | 116,691.15 |
| 11 | 1,209.99 | 344.53 | 865.46 | 116,346.61 |
| 12 | 1,209.99 | 347.09 | 862.90 | 115,999.53 |
| 13 | 1,209.99 | 349.66 | 860.33 | 115,649.86 |
| 14 | 1,209.99 | 352.26 | 857.74 | 115,297.61 |
| 15 | 1,209.99 | 354.87 | 855.12 | 114,942.74 |
| 16 | 1,209.99 | 357.50 | 852.49 | 114,585.24 |
| 17 | 1,209.99 | 360.15 | 849.84 | 114,225.09 |
| 18 | 1,209.99 | 362.82 | 847.17 | 113,862.27 |
| 19 | 1,209.99 | 365.51 | 844.48 | 113,496.75 |
| 20 | 1,209.99 | 368.22 | 841.77 | 113,128.53 |
| 21 | 1,209.99 | 370.96 | 839.04 | 112,757.58 |
| 22 | 1,209.99 | 373.71 | 836.29 | 112,383.87 |
| 23 | 1,209.99 | 376.48 | 833.51 | 112,007.39 |
| 24 | 1,209.99 | 379.27 | 830.72 | 111,628.12 |
| 25 | 1,209.99 | 382.08 | 827.91 | 111,246.04 |
| 26 | 1,209.99 | 384.92 | 825.07 | 110,861.12 |
| 27 | 1,209.99 | 387.77 | 822.22 | 110,473.35 |
| 28 | 1,209.99 | 390.65 | 819.34 | 110,082.70 |
| 29 | 1,209.99 | 393.54 | 816.45 | 109,689.16 |
| 30 | 1,209.99 | 396.46 | 813.53 | 109,292.69 |
| 31 | 1,209.99 | 399.40 | 810.59 | 108,893.29 |
| 32 | 1,209.99 | 402.37 | 807.63 | 108,490.92 |
| 33 | 1,209.99 | 405.35 | 804.64 | 108,085.57 |
| 34 | 1,209.99 | 408.36 | 801.63 | 107,677.21 |
| 35 | 1,209.99 | 411.39 | 798.61 | 107,265.83 |
| 36 | 1,209.99 | 414.44 | 795.55 | 106,851.39 |
| 37 | 1,209.99 | 417.51 | 792.48 | 106,433.88 |
| 38 | 1,209.99 | 420.61 | 789.38 | 106,013.27 |
| 39 | 1,209.99 | 423.73 | 786.27 | 105,589.55 |
| 40 | 1,209.99 | 426.87 | 783.12 | 105,162.68 |
| 41 | 1,209.99 | 430.04 | 779.96 | 104,732.64 |
| 42 | 1,209.99 | 433.22 | 776.77 | 104,299.42 |
| 43 | 1,209.99 | 436.44 | 773.55 | 103,862.98 |
| 44 | 1,209.99 | 439.67 | 770.32 | 103,423.31 |
| 45 | 1,209.99 | 442.94 | 767.06 | 102,980.37 |
| 46 | 1,209.99 | 446.22 | 763.77 | 102,534.15 |
| 47 | 1,209.99 | 449.53 | 760.46 | 102,084.62 |
| 48 | 1,209.99 | 452.86 | 757.13 | 101,631.76 |
| 49 | 1,209.99 | 456.22 | 753.77 | 101,175.53 |
| 50 | 1,209.99 | 459.61 | 750.39 | 100,715.93 |
| 51 | 1,209.99 | 463.02 | 746.98 | 100,252.91 |
| 52 | 1,209.99 | 466.45 | 743.54 | 99,786.46 |
| 53 | 1,209.99 | 469.91 | 740.08 | 99,316.55 |
| 54 | 1,209.99 | 473.39 | 736.60 | 98,843.16 |
| 55 | 1,209.99 | 476.90 | 733.09 | 98,366.25 |
| 56 | 1,209.99 | 480.44 | 729.55 | 97,885.81 |
| 57 | 1,209.99 | 484.01 | 725.99 | 97,401.81 |
| 58 | 1,209.99 | 487.59 | 722.40 | 96,914.21 |
| 59 | 1,209.99 | 491.21 | 718.78 | 96,423.00 |
| 60 | 1,209.99 | 494.85 | 715.14 | 95,928.15 |
| 61 | 1,209.99 | 498.52 | 711.47 | 95,429.62 |
| 62 | 1,209.99 | 502.22 | 707.77 | 94,927.40 |
| 63 | 1,209.99 | 505.95 | 704.04 | 94,421.45 |
| 64 | 1,209.99 | 509.70 | 700.29 | 93,911.75 |
| 65 | 1,209.99 | 513.48 | 696.51 | 93,398.27 |
| 66 | 1,209.99 | 517.29 | 692.70 | 92,880.99 |
| 67 | 1,209.99 | 521.12 | 688.87 | 92,359.86 |
| 68 | 1,209.99 | 524.99 | 685.00 | 91,834.87 |
| 69 | 1,209.99 | 528.88 | 681.11 | 91,305.99 |
| 70 | 1,209.99 | 532.81 | 677.19 | 90,773.18 |
| 71 | 1,209.99 | 536.76 | 673.23 | 90,236.43 |
| 72 | 1,209.99 | 540.74 | 669.25 | 89,695.69 |
| 73 | 1,209.99 | 544.75 | 665.24 | 89,150.94 |
| 74 | 1,209.99 | 548.79 | 661.20 | 88,602.15 |
| 75 | 1,209.99 | 552.86 | 657.13 | 88,049.29 |
| 76 | 1,209.99 | 556.96 | 653.03 | 87,492.33 |
| 77 | 1,209.99 | 561.09 | 648.90 | 86,931.24 |
| 78 | 1,209.99 | 565.25 | 644.74 | 86,365.99 |
| 79 | 1,209.99 | 569.44 | 640.55 | 85,796.55 |
| 80 | 1,209.99 | 573.67 | 636.32 | 85,222.88 |
| 81 | 1,209.99 | 577.92 | 632.07 | 84,644.96 |
| 82 | 1,209.99 | 582.21 | 627.78 | 84,062.75 |
| 83 | 1,209.99 | 586.53 | 623.47 | 83,476.22 |
| 84 | 1,209.99 | 590.88 | 619.12 | 82,885.35 |
| 85 | 1,209.99 | 595.26 | 614.73 | 82,290.09 |
| 86 | 1,209.99 | 599.67 | 610.32 | 81,690.41 |
| 87 | 1,209.99 | 604.12 | 605.87 | 81,086.29 |
| 88 | 1,209.99 | 608.60 | 601.39 | 80,477.69 |
| 89 | 1,209.99 | 613.12 | 596.88 | 79,864.58 |
| 90 | 1,209.99 | 617.66 | 592.33 | 79,246.91 |
| 91 | 1,209.99 | 622.24 | 587.75 | 78,624.67 |
| 92 | 1,209.99 | 626.86 | 583.13 | 77,997.81 |
| 93 | 1,209.99 | 631.51 | 578.48 | 77,366.30 |
| 94 | 1,209.99 | 636.19 | 573.80 | 76,730.11 |
| 95 | 1,209.99 | 640.91 | 569.08 | 76,089.20 |
| 96 | 1,209.99 | 645.66 | 564.33 | 75,443.54 |
| 97 | 1,209.99 | 650.45 | 559.54 | 74,793.09 |
| 98 | 1,209.99 | 655.28 | 554.72 | 74,137.81 |
| 99 | 1,209.99 | 660.14 | 549.86 | 73,477.67 |
| 100 | 1,209.99 | 665.03 | 544.96 | 72,812.64 |
| 101 | 1,209.99 | 669.96 | 540.03 | 72,142.68 |
| 102 | 1,209.99 | 674.93 | 535.06 | 71,467.74 |
| 103 | 1,209.99 | 679.94 | 530.05 | 70,787.80 |
| 104 | 1,209.99 | 684.98 | 525.01 | 70,102.82 |
| 105 | 1,209.99 | 690.06 | 519.93 | 69,412.76 |
| 106 | 1,209.99 | 695.18 | 514.81 | 68,717.58 |
| 107 | 1,209.99 | 700.34 | 509.66 | 68,017.24 |
| 108 | 1,209.99 | 705.53 | 504.46 | 67,311.71 |
| 109 | 1,209.99 | 710.76 | 499.23 | 66,600.95 |
| 110 | 1,209.99 | 716.03 | 493.96 | 65,884.91 |
| 111 | 1,209.99 | 721.35 | 488.65 | 65,163.57 |
| 112 | 1,209.99 | 726.70 | 483.30 | 64,436.87 |
| 113 | 1,209.99 | 732.08 | 477.91 | 63,704.79 |
| 114 | 1,209.99 | 737.51 | 472.48 | 62,967.27 |
| 115 | 1,209.99 | 742.98 | 467.01 | 62,224.29 |
| 116 | 1,209.99 | 748.49 | 461.50 | 61,475.79 |
| 117 | 1,209.99 | 754.05 | 455.95 | 60,721.75 |
| 118 | 1,209.99 | 759.64 | 450.35 | 59,962.11 |
| 119 | 1,209.99 | 765.27 | 444.72 | 59,196.84 |
| 120 | 1,209.99 | 770.95 | 439.04 | 58,425.89 |
| 121 | 1,209.99 | 776.67 | 433.33 | 57,649.22 |
| 122 | 1,209.99 | 782.43 | 427.57 | 56,866.79 |
| 123 | 1,209.99 | 788.23 | 421.76 | 56,078.56 |
| 124 | 1,209.99 | 794.08 | 415.92 | 55,284.49 |
| 125 | 1,209.99 | 799.97 | 410.03 | 54,484.52 |
| 126 | 1,209.99 | 805.90 | 404.09 | 53,678.63 |
| 127 | 1,209.99 | 811.88 | 398.12 | 52,866.75 |
| 128 | 1,209.99 | 817.90 | 392.10 | 52,048.85 |
| 129 | 1,209.99 | 823.96 | 386.03 | 51,224.89 |
| 130 | 1,209.99 | 830.07 | 379.92 | 50,394.82 |
| 131 | 1,209.99 | 836.23 | 373.76 | 49,558.59 |
| 132 | 1,209.99 | 842.43 | 367.56 | 48,716.16 |
| 133 | 1,209.99 | 848.68 | 361.31 | 47,867.48 |
| 134 | 1,209.99 | 854.97 | 355.02 | 47,012.50 |
| 135 | 1,209.99 | 861.32 | 348.68 | 46,151.18 |
| 136 | 1,209.99 | 867.70 | 342.29 | 45,283.48 |
| 137 | 1,209.99 | 874.14 | 335.85 | 44,409.34 |
| 138 | 1,209.99 | 880.62 | 329.37 | 43,528.72 |
| 139 | 1,209.99 | 887.15 | 322.84 | 42,641.57 |
| 140 | 1,209.99 | 893.73 | 316.26 | 41,747.83 |
| 141 | 1,209.99 | 900.36 | 309.63 | 40,847.47 |
| 142 | 1,209.99 | 907.04 | 302.95 | 39,940.43 |
| 143 | 1,209.99 | 913.77 | 296.22 | 39,026.66 |
| 144 | 1,209.99 | 920.54 | 289.45 | 38,106.12 |
| 145 | 1,209.99 | 927.37 | 282.62 | 37,178.75 |
| 146 | 1,209.99 | 934.25 | 275.74 | 36,244.50 |
| 147 | 1,209.99 | 941.18 | 268.81 | 35,303.32 |
| 148 | 1,209.99 | 948.16 | 261.83 | 34,355.16 |
| 149 | 1,209.99 | 955.19 | 254.80 | 33,399.97 |
| 150 | 1,209.99 | 962.28 | 247.72 | 32,437.70 |
| 151 | 1,209.99 | 969.41 | 240.58 | 31,468.28 |
| 152 | 1,209.99 | 976.60 | 233.39 | 30,491.68 |
| 153 | 1,209.99 | 983.85 | 226.15 | 29,507.84 |
| 154 | 1,209.99 | 991.14 | 218.85 | 28,516.70 |
| 155 | 1,209.99 | 998.49 | 211.50 | 27,518.20 |
| 156 | 1,209.99 | 1,005.90 | 204.09 | 26,512.30 |
| 157 | 1,209.99 | 1,013.36 | 196.63 | 25,498.95 |
| 158 | 1,209.99 | 1,020.87 | 189.12 | 24,478.07 |
| 159 | 1,209.99 | 1,028.45 | 181.55 | 23,449.62 |
| 160 | 1,209.99 | 1,036.07 | 173.92 | 22,413.55 |
| 161 | 1,209.99 | 1,043.76 | 166.23 | 21,369.79 |
| 162 | 1,209.99 | 1,051.50 | 158.49 | 20,318.29 |
| 163 | 1,209.99 | 1,059.30 | 150.69 | 19,259.00 |
| 164 | 1,209.99 | 1,067.15 | 142.84 | 18,191.84 |
| 165 | 1,209.99 | 1,075.07 | 134.92 | 17,116.77 |
| 166 | 1,209.99 | 1,083.04 | 126.95 | 16,033.73 |
| 167 | 1,209.99 | 1,091.07 | 118.92 | 14,942.66 |
| 168 | 1,209.99 | 1,099.17 | 110.82 | 13,843.49 |
| 169 | 1,209.99 | 1,107.32 | 102.67 | 12,736.17 |
| 170 | 1,209.99 | 1,115.53 | 94.46 | 11,620.64 |
| 171 | 1,209.99 | 1,123.81 | 86.19 | 10,496.83 |
| 172 | 1,209.99 | 1,132.14 | 77.85 | 9,364.69 |
| 173 | 1,209.99 | 1,140.54 | 69.45 | 8,224.16 |
| 174 | 1,209.99 | 1,149.00 | 61.00 | 7,075.16 |
| 175 | 1,209.99 | 1,157.52 | 52.47 | 5,917.64 |
| 176 | 1,209.99 | 1,166.10 | 43.89 | 4,751.54 |
| 177 | 1,209.99 | 1,174.75 | 35.24 | 3,576.79 |
| 178 | 1,209.99 | 1,183.46 | 26.53 | 2,393.32 |
| 179 | 1,209.99 | 1,192.24 | 17.75 | 1,201.08 |
| 180 | 1,209.99 | 1,201.08 | 8.91 | 0.00 |