Mortgage Loan of $122,500 for 15 Years at 7.125%

What's the payment on a 15 year home loan for $122.5k at 7.125% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $1,109.64
$13,316 per year

What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $122.5k 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 122,500 loan for 15 years at 7.125 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 1,109.64 382.30 727.34 122,117.70
2 1,109.64 384.57 725.07 121,733.13
3 1,109.64 386.85 722.79 121,346.28
4 1,109.64 389.15 720.49 120,957.13
5 1,109.64 391.46 718.18 120,565.67
6 1,109.64 393.78 715.86 120,171.88
7 1,109.64 396.12 713.52 119,775.76
8 1,109.64 398.47 711.17 119,377.29
9 1,109.64 400.84 708.80 118,976.45
10 1,109.64 403.22 706.42 118,573.23
11 1,109.64 405.61 704.03 118,167.61
12 1,109.64 408.02 701.62 117,759.59
13 1,109.64 410.45 699.20 117,349.14
14 1,109.64 412.88 696.76 116,936.26
15 1,109.64 415.33 694.31 116,520.93
16 1,109.64 417.80 691.84 116,103.13
17 1,109.64 420.28 689.36 115,682.84
18 1,109.64 422.78 686.87 115,260.07
19 1,109.64 425.29 684.36 114,834.78
20 1,109.64 427.81 681.83 114,406.97
21 1,109.64 430.35 679.29 113,976.62
22 1,109.64 432.91 676.74 113,543.71
23 1,109.64 435.48 674.17 113,108.23
24 1,109.64 438.06 671.58 112,670.17
25 1,109.64 440.66 668.98 112,229.51
26 1,109.64 443.28 666.36 111,786.23
27 1,109.64 445.91 663.73 111,340.31
28 1,109.64 448.56 661.08 110,891.75
29 1,109.64 451.22 658.42 110,440.53
30 1,109.64 453.90 655.74 109,986.63
31 1,109.64 456.60 653.05 109,530.03
32 1,109.64 459.31 650.33 109,070.72
33 1,109.64 462.04 647.61 108,608.69
34 1,109.64 464.78 644.86 108,143.91
35 1,109.64 467.54 642.10 107,676.37
36 1,109.64 470.31 639.33 107,206.05
37 1,109.64 473.11 636.54 106,732.95
38 1,109.64 475.92 633.73 106,257.03
39 1,109.64 478.74 630.90 105,778.29
40 1,109.64 481.58 628.06 105,296.70
41 1,109.64 484.44 625.20 104,812.26
42 1,109.64 487.32 622.32 104,324.94
43 1,109.64 490.21 619.43 103,834.73
44 1,109.64 493.12 616.52 103,341.60
45 1,109.64 496.05 613.59 102,845.55
46 1,109.64 499.00 610.65 102,346.55
47 1,109.64 501.96 607.68 101,844.59
48 1,109.64 504.94 604.70 101,339.65
49 1,109.64 507.94 601.70 100,831.71
50 1,109.64 510.95 598.69 100,320.76
51 1,109.64 513.99 595.65 99,806.77
52 1,109.64 517.04 592.60 99,289.73
53 1,109.64 520.11 589.53 98,769.62
54 1,109.64 523.20 586.44 98,246.42
55 1,109.64 526.31 583.34 97,720.11
56 1,109.64 529.43 580.21 97,190.68
57 1,109.64 532.57 577.07 96,658.11
58 1,109.64 535.74 573.91 96,122.37
59 1,109.64 538.92 570.73 95,583.46
60 1,109.64 542.12 567.53 95,041.34
61 1,109.64 545.34 564.31 94,496.01
62 1,109.64 548.57 561.07 93,947.43
63 1,109.64 551.83 557.81 93,395.60
64 1,109.64 555.11 554.54 92,840.49
65 1,109.64 558.40 551.24 92,282.09
66 1,109.64 561.72 547.92 91,720.37
67 1,109.64 565.05 544.59 91,155.32
68 1,109.64 568.41 541.23 90,586.91
69 1,109.64 571.78 537.86 90,015.13
70 1,109.64 575.18 534.46 89,439.95
71 1,109.64 578.59 531.05 88,861.36
72 1,109.64 582.03 527.61 88,279.33
73 1,109.64 585.48 524.16 87,693.84
74 1,109.64 588.96 520.68 87,104.88
75 1,109.64 592.46 517.19 86,512.42
76 1,109.64 595.98 513.67 85,916.45
77 1,109.64 599.51 510.13 85,316.93
78 1,109.64 603.07 506.57 84,713.86
79 1,109.64 606.65 502.99 84,107.21
80 1,109.64 610.26 499.39 83,496.95
81 1,109.64 613.88 495.76 82,883.07
82 1,109.64 617.52 492.12 82,265.54
83 1,109.64 621.19 488.45 81,644.35
84 1,109.64 624.88 484.76 81,019.47
85 1,109.64 628.59 481.05 80,390.88
86 1,109.64 632.32 477.32 79,758.56
87 1,109.64 636.08 473.57 79,122.48
88 1,109.64 639.85 469.79 78,482.63
89 1,109.64 643.65 465.99 77,838.98
90 1,109.64 647.47 462.17 77,191.50
91 1,109.64 651.32 458.32 76,540.19
92 1,109.64 655.19 454.46 75,885.00
93 1,109.64 659.08 450.57 75,225.92
94 1,109.64 662.99 446.65 74,562.93
95 1,109.64 666.93 442.72 73,896.01
96 1,109.64 670.89 438.76 73,225.12
97 1,109.64 674.87 434.77 72,550.25
98 1,109.64 678.88 430.77 71,871.38
99 1,109.64 682.91 426.74 71,188.47
100 1,109.64 686.96 422.68 70,501.51
101 1,109.64 691.04 418.60 69,810.47
102 1,109.64 695.14 414.50 69,115.33
103 1,109.64 699.27 410.37 68,416.05
104 1,109.64 703.42 406.22 67,712.63
105 1,109.64 707.60 402.04 67,005.03
106 1,109.64 711.80 397.84 66,293.23
107 1,109.64 716.03 393.62 65,577.20
108 1,109.64 720.28 389.36 64,856.93
109 1,109.64 724.56 385.09 64,132.37
110 1,109.64 728.86 380.79 63,403.51
111 1,109.64 733.18 376.46 62,670.33
112 1,109.64 737.54 372.11 61,932.79
113 1,109.64 741.92 367.73 61,190.87
114 1,109.64 746.32 363.32 60,444.55
115 1,109.64 750.75 358.89 59,693.80
116 1,109.64 755.21 354.43 58,938.59
117 1,109.64 759.70 349.95 58,178.89
118 1,109.64 764.21 345.44 57,414.68
119 1,109.64 768.74 340.90 56,645.94
120 1,109.64 773.31 336.34 55,872.63
121 1,109.64 777.90 331.74 55,094.73
122 1,109.64 782.52 327.12 54,312.22
123 1,109.64 787.16 322.48 53,525.05
124 1,109.64 791.84 317.80 52,733.21
125 1,109.64 796.54 313.10 51,936.67
126 1,109.64 801.27 308.37 51,135.40
127 1,109.64 806.03 303.62 50,329.38
128 1,109.64 810.81 298.83 49,518.56
129 1,109.64 815.63 294.02 48,702.94
130 1,109.64 820.47 289.17 47,882.47
131 1,109.64 825.34 284.30 47,057.13
132 1,109.64 830.24 279.40 46,226.89
133 1,109.64 835.17 274.47 45,391.72
134 1,109.64 840.13 269.51 44,551.59
135 1,109.64 845.12 264.53 43,706.47
136 1,109.64 850.14 259.51 42,856.33
137 1,109.64 855.18 254.46 42,001.15
138 1,109.64 860.26 249.38 41,140.89
139 1,109.64 865.37 244.27 40,275.52
140 1,109.64 870.51 239.14 39,405.01
141 1,109.64 875.68 233.97 38,529.33
142 1,109.64 880.88 228.77 37,648.46
143 1,109.64 886.11 223.54 36,762.35
144 1,109.64 891.37 218.28 35,870.99
145 1,109.64 896.66 212.98 34,974.33
146 1,109.64 901.98 207.66 34,072.34
147 1,109.64 907.34 202.30 33,165.01
148 1,109.64 912.73 196.92 32,252.28
149 1,109.64 918.15 191.50 31,334.13
150 1,109.64 923.60 186.05 30,410.54
151 1,109.64 929.08 180.56 29,481.46
152 1,109.64 934.60 175.05 28,546.86
153 1,109.64 940.15 169.50 27,606.71
154 1,109.64 945.73 163.91 26,660.99
155 1,109.64 951.34 158.30 25,709.64
156 1,109.64 956.99 152.65 24,752.65
157 1,109.64 962.67 146.97 23,789.98
158 1,109.64 968.39 141.25 22,821.59
159 1,109.64 974.14 135.50 21,847.45
160 1,109.64 979.92 129.72 20,867.52
161 1,109.64 985.74 123.90 19,881.78
162 1,109.64 991.60 118.05 18,890.18
163 1,109.64 997.48 112.16 17,892.70
164 1,109.64 1,003.41 106.24 16,889.30
165 1,109.64 1,009.36 100.28 15,879.93
166 1,109.64 1,015.36 94.29 14,864.58
167 1,109.64 1,021.38 88.26 13,843.19
168 1,109.64 1,027.45 82.19 12,815.74
169 1,109.64 1,033.55 76.09 11,782.19
170 1,109.64 1,039.69 69.96 10,742.51
171 1,109.64 1,045.86 63.78 9,696.65
172 1,109.64 1,052.07 57.57 8,644.58
173 1,109.64 1,058.32 51.33 7,586.26
174 1,109.64 1,064.60 45.04 6,521.66
175 1,109.64 1,070.92 38.72 5,450.74
176 1,109.64 1,077.28 32.36 4,373.46
177 1,109.64 1,083.68 25.97 3,289.79
178 1,109.64 1,090.11 19.53 2,199.68
179 1,109.64 1,096.58 13.06 1,103.09
180 1,109.64 1,103.09 6.55 0.00