Mortgage Loan of $124,000 for 15 Years at 5.50%

What's the payment on a 15 year home loan for $124k at 5.50% interest?

Loan Amount

Length

Interest Rate

Results

Monthly payment: $1,013.18

$12,158 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $124k 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 124,000 loan for 15 years at 5.50 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	1,013.18	444.85	568.33	123,555.15
2	1,013.18	446.89	566.29	123,108.26
3	1,013.18	448.94	564.25	122,659.32
4	1,013.18	450.99	562.19	122,208.33
5	1,013.18	453.06	560.12	121,755.27
6	1,013.18	455.14	558.04	121,300.13
7	1,013.18	457.22	555.96	120,842.90
8	1,013.18	459.32	553.86	120,383.58
9	1,013.18	461.43	551.76	119,922.16
10	1,013.18	463.54	549.64	119,458.62
11	1,013.18	465.66	547.52	118,992.95
12	1,013.18	467.80	545.38	118,525.15
13	1,013.18	469.94	543.24	118,055.21
14	1,013.18	472.10	541.09	117,583.11
15	1,013.18	474.26	538.92	117,108.85
16	1,013.18	476.43	536.75	116,632.42
17	1,013.18	478.62	534.57	116,153.80
18	1,013.18	480.81	532.37	115,672.99
19	1,013.18	483.02	530.17	115,189.97
20	1,013.18	485.23	527.95	114,704.74
21	1,013.18	487.45	525.73	114,217.29
22	1,013.18	489.69	523.50	113,727.60
23	1,013.18	491.93	521.25	113,235.67
24	1,013.18	494.19	519.00	112,741.48
25	1,013.18	496.45	516.73	112,245.03
26	1,013.18	498.73	514.46	111,746.30
27	1,013.18	501.01	512.17	111,245.29
28	1,013.18	503.31	509.87	110,741.98
29	1,013.18	505.62	507.57	110,236.37
30	1,013.18	507.93	505.25	109,728.43
31	1,013.18	510.26	502.92	109,218.17
32	1,013.18	512.60	500.58	108,705.57
33	1,013.18	514.95	498.23	108,190.62
34	1,013.18	517.31	495.87	107,673.31
35	1,013.18	519.68	493.50	107,153.63
36	1,013.18	522.06	491.12	106,631.57
37	1,013.18	524.46	488.73	106,107.11
38	1,013.18	526.86	486.32	105,580.25
39	1,013.18	529.27	483.91	105,050.98
40	1,013.18	531.70	481.48	104,519.28
41	1,013.18	534.14	479.05	103,985.14
42	1,013.18	536.58	476.60	103,448.56
43	1,013.18	539.04	474.14	102,909.51
44	1,013.18	541.51	471.67	102,368.00
45	1,013.18	544.00	469.19	101,824.00
46	1,013.18	546.49	466.69	101,277.51
47	1,013.18	548.99	464.19	100,728.52
48	1,013.18	551.51	461.67	100,177.01
49	1,013.18	554.04	459.14	99,622.97
50	1,013.18	556.58	456.61	99,066.39
51	1,013.18	559.13	454.05	98,507.26
52	1,013.18	561.69	451.49	97,945.57
53	1,013.18	564.27	448.92	97,381.30
54	1,013.18	566.85	446.33	96,814.45
55	1,013.18	569.45	443.73	96,245.00
56	1,013.18	572.06	441.12	95,672.94
57	1,013.18	574.68	438.50	95,098.26
58	1,013.18	577.32	435.87	94,520.94
59	1,013.18	579.96	433.22	93,940.98
60	1,013.18	582.62	430.56	93,358.36
61	1,013.18	585.29	427.89	92,773.06
62	1,013.18	587.97	425.21	92,185.09
63	1,013.18	590.67	422.51	91,594.42
64	1,013.18	593.38	419.81	91,001.05
65	1,013.18	596.10	417.09	90,404.95
66	1,013.18	598.83	414.36	89,806.12
67	1,013.18	601.57	411.61	89,204.55
68	1,013.18	604.33	408.85	88,600.22
69	1,013.18	607.10	406.08	87,993.12
70	1,013.18	609.88	403.30	87,383.24
71	1,013.18	612.68	400.51	86,770.56
72	1,013.18	615.49	397.70	86,155.08
73	1,013.18	618.31	394.88	85,536.77
74	1,013.18	621.14	392.04	84,915.63
75	1,013.18	623.99	389.20	84,291.65
76	1,013.18	626.85	386.34	83,664.80
77	1,013.18	629.72	383.46	83,035.08
78	1,013.18	632.61	380.58	82,402.47
79	1,013.18	635.51	377.68	81,766.97
80	1,013.18	638.42	374.77	81,128.55
81	1,013.18	641.34	371.84	80,487.21
82	1,013.18	644.28	368.90	79,842.92
83	1,013.18	647.24	365.95	79,195.69
84	1,013.18	650.20	362.98	78,545.48
85	1,013.18	653.18	360.00	77,892.30
86	1,013.18	656.18	357.01	77,236.12
87	1,013.18	659.18	354.00	76,576.94
88	1,013.18	662.21	350.98	75,914.73
89	1,013.18	665.24	347.94	75,249.49
90	1,013.18	668.29	344.89	74,581.20
91	1,013.18	671.35	341.83	73,909.85
92	1,013.18	674.43	338.75	73,235.42
93	1,013.18	677.52	335.66	72,557.90
94	1,013.18	680.63	332.56	71,877.27
95	1,013.18	683.75	329.44	71,193.52
96	1,013.18	686.88	326.30	70,506.64
97	1,013.18	690.03	323.16	69,816.62
98	1,013.18	693.19	319.99	69,123.43
99	1,013.18	696.37	316.82	68,427.06
100	1,013.18	699.56	313.62	67,727.50
101	1,013.18	702.77	310.42	67,024.73
102	1,013.18	705.99	307.20	66,318.75
103	1,013.18	709.22	303.96	65,609.52
104	1,013.18	712.47	300.71	64,897.05
105	1,013.18	715.74	297.44	64,181.31
106	1,013.18	719.02	294.16	63,462.29
107	1,013.18	722.31	290.87	62,739.98
108	1,013.18	725.63	287.56	62,014.35
109	1,013.18	728.95	284.23	61,285.40
110	1,013.18	732.29	280.89	60,553.11
111	1,013.18	735.65	277.54	59,817.46
112	1,013.18	739.02	274.16	59,078.44
113	1,013.18	742.41	270.78	58,336.03
114	1,013.18	745.81	267.37	57,590.22
115	1,013.18	749.23	263.96	56,840.99
116	1,013.18	752.66	260.52	56,088.33
117	1,013.18	756.11	257.07	55,332.22
118	1,013.18	759.58	253.61	54,572.64
119	1,013.18	763.06	250.12	53,809.58
120	1,013.18	766.56	246.63	53,043.03
121	1,013.18	770.07	243.11	52,272.96
122	1,013.18	773.60	239.58	51,499.36
123	1,013.18	777.14	236.04	50,722.21
124	1,013.18	780.71	232.48	49,941.51
125	1,013.18	784.28	228.90	49,157.22
126	1,013.18	787.88	225.30	48,369.34
127	1,013.18	791.49	221.69	47,577.85
128	1,013.18	795.12	218.07	46,782.73
129	1,013.18	798.76	214.42	45,983.97
130	1,013.18	802.42	210.76	45,181.55
131	1,013.18	806.10	207.08	44,375.45
132	1,013.18	809.80	203.39	43,565.65
133	1,013.18	813.51	199.68	42,752.14
134	1,013.18	817.24	195.95	41,934.91
135	1,013.18	820.98	192.20	41,113.93
136	1,013.18	824.74	188.44	40,289.18
137	1,013.18	828.52	184.66	39,460.66
138	1,013.18	832.32	180.86	38,628.33
139	1,013.18	836.14	177.05	37,792.20
140	1,013.18	839.97	173.21	36,952.23
141	1,013.18	843.82	169.36	36,108.41
142	1,013.18	847.69	165.50	35,260.72
143	1,013.18	851.57	161.61	34,409.15
144	1,013.18	855.47	157.71	33,553.68
145	1,013.18	859.40	153.79	32,694.28
146	1,013.18	863.33	149.85	31,830.94
147	1,013.18	867.29	145.89	30,963.65
148	1,013.18	871.27	141.92	30,092.39
149	1,013.18	875.26	137.92	29,217.13
150	1,013.18	879.27	133.91	28,337.85
151	1,013.18	883.30	129.88	27,454.55
152	1,013.18	887.35	125.83	26,567.20
153	1,013.18	891.42	121.77	25,675.79
154	1,013.18	895.50	117.68	24,780.28
155	1,013.18	899.61	113.58	23,880.68
156	1,013.18	903.73	109.45	22,976.95
157	1,013.18	907.87	105.31	22,069.07
158	1,013.18	912.03	101.15	21,157.04
159	1,013.18	916.21	96.97	20,240.83
160	1,013.18	920.41	92.77	19,320.41
161	1,013.18	924.63	88.55	18,395.78
162	1,013.18	928.87	84.31	17,466.91
163	1,013.18	933.13	80.06	16,533.78
164	1,013.18	937.40	75.78	15,596.38
165	1,013.18	941.70	71.48	14,654.68
166	1,013.18	946.02	67.17	13,708.66
167	1,013.18	950.35	62.83	12,758.31
168	1,013.18	954.71	58.48	11,803.60
169	1,013.18	959.08	54.10	10,844.52
170	1,013.18	963.48	49.70	9,881.04
171	1,013.18	967.90	45.29	8,913.15
172	1,013.18	972.33	40.85	7,940.81
173	1,013.18	976.79	36.40	6,964.03
174	1,013.18	981.27	31.92	5,982.76
175	1,013.18	985.76	27.42	4,997.00
176	1,013.18	990.28	22.90	4,006.72
177	1,013.18	994.82	18.36	3,011.90
178	1,013.18	999.38	13.80	2,012.52
179	1,013.18	1,003.96	9.22	1,008.56
180	1,013.18	1,008.56	4.62	0.00