Mortgage Loan of $120,000 for 15 Years at 8.95%

What's the payment on a 15 year home loan for $120k at 8.95% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $1,213.55

$14,563 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 8.95 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	1,213.55	318.55	895.00	119,681.45
2	1,213.55	320.93	892.62	119,360.52
3	1,213.55	323.32	890.23	119,037.20
4	1,213.55	325.73	887.82	118,711.46
5	1,213.55	328.16	885.39	118,383.30
6	1,213.55	330.61	882.94	118,052.69
7	1,213.55	333.08	880.48	117,719.61
8	1,213.55	335.56	877.99	117,384.05
9	1,213.55	338.06	875.49	117,045.98
10	1,213.55	340.59	872.97	116,705.40
11	1,213.55	343.13	870.43	116,362.27
12	1,213.55	345.68	867.87	116,016.59
13	1,213.55	348.26	865.29	115,668.33
14	1,213.55	350.86	862.69	115,317.47
15	1,213.55	353.48	860.08	114,963.99
16	1,213.55	356.11	857.44	114,607.88
17	1,213.55	358.77	854.78	114,249.11
18	1,213.55	361.45	852.11	113,887.66
19	1,213.55	364.14	849.41	113,523.52
20	1,213.55	366.86	846.70	113,156.66
21	1,213.55	369.59	843.96	112,787.07
22	1,213.55	372.35	841.20	112,414.72
23	1,213.55	375.13	838.43	112,039.59
24	1,213.55	377.92	835.63	111,661.67
25	1,213.55	380.74	832.81	111,280.93
26	1,213.55	383.58	829.97	110,897.34
27	1,213.55	386.44	827.11	110,510.90
28	1,213.55	389.33	824.23	110,121.57
29	1,213.55	392.23	821.32	109,729.34
30	1,213.55	395.16	818.40	109,334.19
31	1,213.55	398.10	815.45	108,936.08
32	1,213.55	401.07	812.48	108,535.01
33	1,213.55	404.06	809.49	108,130.95
34	1,213.55	407.08	806.48	107,723.87
35	1,213.55	410.11	803.44	107,313.76
36	1,213.55	413.17	800.38	106,900.59
37	1,213.55	416.25	797.30	106,484.34
38	1,213.55	419.36	794.20	106,064.98
39	1,213.55	422.49	791.07	105,642.49
40	1,213.55	425.64	787.92	105,216.86
41	1,213.55	428.81	784.74	104,788.05
42	1,213.55	432.01	781.54	104,356.04
43	1,213.55	435.23	778.32	103,920.81
44	1,213.55	438.48	775.08	103,482.33
45	1,213.55	441.75	771.81	103,040.58
46	1,213.55	445.04	768.51	102,595.54
47	1,213.55	448.36	765.19	102,147.18
48	1,213.55	451.71	761.85	101,695.47
49	1,213.55	455.07	758.48	101,240.40
50	1,213.55	458.47	755.08	100,781.93
51	1,213.55	461.89	751.67	100,320.04
52	1,213.55	465.33	748.22	99,854.71
53	1,213.55	468.80	744.75	99,385.91
54	1,213.55	472.30	741.25	98,913.61
55	1,213.55	475.82	737.73	98,437.78
56	1,213.55	479.37	734.18	97,958.41
57	1,213.55	482.95	730.61	97,475.46
58	1,213.55	486.55	727.00	96,988.92
59	1,213.55	490.18	723.38	96,498.74
60	1,213.55	493.83	719.72	96,004.91
61	1,213.55	497.52	716.04	95,507.39
62	1,213.55	501.23	712.33	95,006.16
63	1,213.55	504.97	708.59	94,501.20
64	1,213.55	508.73	704.82	93,992.46
65	1,213.55	512.53	701.03	93,479.94
66	1,213.55	516.35	697.20	92,963.59
67	1,213.55	520.20	693.35	92,443.39
68	1,213.55	524.08	689.47	91,919.31
69	1,213.55	527.99	685.56	91,391.32
70	1,213.55	531.93	681.63	90,859.40
71	1,213.55	535.89	677.66	90,323.50
72	1,213.55	539.89	673.66	89,783.61
73	1,213.55	543.92	669.64	89,239.69
74	1,213.55	547.97	665.58	88,691.72
75	1,213.55	552.06	661.49	88,139.66
76	1,213.55	556.18	657.37	87,583.48
77	1,213.55	560.33	653.23	87,023.15
78	1,213.55	564.51	649.05	86,458.65
79	1,213.55	568.72	644.84	85,889.93
80	1,213.55	572.96	640.60	85,316.98
81	1,213.55	577.23	636.32	84,739.75
82	1,213.55	581.54	632.02	84,158.21
83	1,213.55	585.87	627.68	83,572.34
84	1,213.55	590.24	623.31	82,982.09
85	1,213.55	594.65	618.91	82,387.45
86	1,213.55	599.08	614.47	81,788.37
87	1,213.55	603.55	610.00	81,184.82
88	1,213.55	608.05	605.50	80,576.77
89	1,213.55	612.58	600.97	79,964.19
90	1,213.55	617.15	596.40	79,347.03
91	1,213.55	621.76	591.80	78,725.27
92	1,213.55	626.39	587.16	78,098.88
93	1,213.55	631.07	582.49	77,467.82
94	1,213.55	635.77	577.78	76,832.04
95	1,213.55	640.51	573.04	76,191.53
96	1,213.55	645.29	568.26	75,546.24
97	1,213.55	650.10	563.45	74,896.13
98	1,213.55	654.95	558.60	74,241.18
99	1,213.55	659.84	553.72	73,581.34
100	1,213.55	664.76	548.79	72,916.58
101	1,213.55	669.72	543.84	72,246.87
102	1,213.55	674.71	538.84	71,572.15
103	1,213.55	679.74	533.81	70,892.41
104	1,213.55	684.81	528.74	70,207.60
105	1,213.55	689.92	523.63	69,517.67
106	1,213.55	695.07	518.49	68,822.61
107	1,213.55	700.25	513.30	68,122.36
108	1,213.55	705.47	508.08	67,416.88
109	1,213.55	710.74	502.82	66,706.15
110	1,213.55	716.04	497.52	65,990.11
111	1,213.55	721.38	492.18	65,268.73
112	1,213.55	726.76	486.80	64,541.98
113	1,213.55	732.18	481.38	63,809.80
114	1,213.55	737.64	475.91	63,072.16
115	1,213.55	743.14	470.41	62,329.02
116	1,213.55	748.68	464.87	61,580.34
117	1,213.55	754.27	459.29	60,826.07
118	1,213.55	759.89	453.66	60,066.18
119	1,213.55	765.56	447.99	59,300.62
120	1,213.55	771.27	442.28	58,529.35
121	1,213.55	777.02	436.53	57,752.33
122	1,213.55	782.82	430.74	56,969.51
123	1,213.55	788.66	424.90	56,180.85
124	1,213.55	794.54	419.02	55,386.32
125	1,213.55	800.46	413.09	54,585.85
126	1,213.55	806.43	407.12	53,779.42
127	1,213.55	812.45	401.10	52,966.97
128	1,213.55	818.51	395.05	52,148.46
129	1,213.55	824.61	388.94	51,323.85
130	1,213.55	830.76	382.79	50,493.09
131	1,213.55	836.96	376.59	49,656.13
132	1,213.55	843.20	370.35	48,812.93
133	1,213.55	849.49	364.06	47,963.44
134	1,213.55	855.83	357.73	47,107.61
135	1,213.55	862.21	351.34	46,245.40
136	1,213.55	868.64	344.91	45,376.76
137	1,213.55	875.12	338.44	44,501.65
138	1,213.55	881.65	331.91	43,620.00
139	1,213.55	888.22	325.33	42,731.78
140	1,213.55	894.85	318.71	41,836.93
141	1,213.55	901.52	312.03	40,935.41
142	1,213.55	908.24	305.31	40,027.17
143	1,213.55	915.02	298.54	39,112.15
144	1,213.55	921.84	291.71	38,190.31
145	1,213.55	928.72	284.84	37,261.60
146	1,213.55	935.64	277.91	36,325.95
147	1,213.55	942.62	270.93	35,383.33
148	1,213.55	949.65	263.90	34,433.68
149	1,213.55	956.74	256.82	33,476.94
150	1,213.55	963.87	249.68	32,513.07
151	1,213.55	971.06	242.49	31,542.01
152	1,213.55	978.30	235.25	30,563.71
153	1,213.55	985.60	227.95	29,578.11
154	1,213.55	992.95	220.60	28,585.16
155	1,213.55	1,000.36	213.20	27,584.80
156	1,213.55	1,007.82	205.74	26,576.99
157	1,213.55	1,015.33	198.22	25,561.65
158	1,213.55	1,022.91	190.65	24,538.75
159	1,213.55	1,030.54	183.02	23,508.21
160	1,213.55	1,038.22	175.33	22,469.99
161	1,213.55	1,045.96	167.59	21,424.03
162	1,213.55	1,053.77	159.79	20,370.26
163	1,213.55	1,061.63	151.93	19,308.64
164	1,213.55	1,069.54	144.01	18,239.09
165	1,213.55	1,077.52	136.03	17,161.57
166	1,213.55	1,085.56	128.00	16,076.02
167	1,213.55	1,093.65	119.90	14,982.36
168	1,213.55	1,101.81	111.74	13,880.55
169	1,213.55	1,110.03	103.53	12,770.53
170	1,213.55	1,118.31	95.25	11,652.22
171	1,213.55	1,126.65	86.91	10,525.57
172	1,213.55	1,135.05	78.50	9,390.52
173	1,213.55	1,143.52	70.04	8,247.01
174	1,213.55	1,152.04	61.51	7,094.96
175	1,213.55	1,160.64	52.92	5,934.33
176	1,213.55	1,169.29	44.26	4,765.03
177	1,213.55	1,178.01	35.54	3,587.02
178	1,213.55	1,186.80	26.75	2,400.22
179	1,213.55	1,195.65	17.90	1,204.57
180	1,213.55	1,204.57	8.98	0.00