Mortgage Loan of $122,500 for 15 Years at 8.00%

What's the payment on a 15 year home loan for $122.5k at 8.00% interest?
Loan Amount
$
Length
Interest Rate
%
Results
Monthly payment: $1,170.67
$14,048 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 8.00 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 1,170.67 354.01 816.67 122,145.99
2 1,170.67 356.37 814.31 121,789.63
3 1,170.67 358.74 811.93 121,430.88
4 1,170.67 361.13 809.54 121,069.75
5 1,170.67 363.54 807.13 120,706.21
6 1,170.67 365.97 804.71 120,340.24
7 1,170.67 368.41 802.27 119,971.83
8 1,170.67 370.86 799.81 119,600.97
9 1,170.67 373.33 797.34 119,227.64
10 1,170.67 375.82 794.85 118,851.82
11 1,170.67 378.33 792.35 118,473.49
12 1,170.67 380.85 789.82 118,092.64
13 1,170.67 383.39 787.28 117,709.25
14 1,170.67 385.95 784.73 117,323.30
15 1,170.67 388.52 782.16 116,934.78
16 1,170.67 391.11 779.57 116,543.68
17 1,170.67 393.72 776.96 116,149.96
18 1,170.67 396.34 774.33 115,753.62
19 1,170.67 398.98 771.69 115,354.64
20 1,170.67 401.64 769.03 114,952.99
21 1,170.67 404.32 766.35 114,548.67
22 1,170.67 407.02 763.66 114,141.66
23 1,170.67 409.73 760.94 113,731.93
24 1,170.67 412.46 758.21 113,319.47
25 1,170.67 415.21 755.46 112,904.26
26 1,170.67 417.98 752.70 112,486.28
27 1,170.67 420.77 749.91 112,065.51
28 1,170.67 423.57 747.10 111,641.94
29 1,170.67 426.39 744.28 111,215.55
30 1,170.67 429.24 741.44 110,786.31
31 1,170.67 432.10 738.58 110,354.21
32 1,170.67 434.98 735.69 109,919.23
33 1,170.67 437.88 732.79 109,481.35
34 1,170.67 440.80 729.88 109,040.56
35 1,170.67 443.74 726.94 108,596.82
36 1,170.67 446.70 723.98 108,150.12
37 1,170.67 449.67 721.00 107,700.45
38 1,170.67 452.67 718.00 107,247.78
39 1,170.67 455.69 714.99 106,792.09
40 1,170.67 458.73 711.95 106,333.36
41 1,170.67 461.78 708.89 105,871.58
42 1,170.67 464.86 705.81 105,406.72
43 1,170.67 467.96 702.71 104,938.75
44 1,170.67 471.08 699.59 104,467.67
45 1,170.67 474.22 696.45 103,993.45
46 1,170.67 477.38 693.29 103,516.07
47 1,170.67 480.57 690.11 103,035.50
48 1,170.67 483.77 686.90 102,551.73
49 1,170.67 487.00 683.68 102,064.73
50 1,170.67 490.24 680.43 101,574.49
51 1,170.67 493.51 677.16 101,080.98
52 1,170.67 496.80 673.87 100,584.18
53 1,170.67 500.11 670.56 100,084.07
54 1,170.67 503.45 667.23 99,580.62
55 1,170.67 506.80 663.87 99,073.82
56 1,170.67 510.18 660.49 98,563.63
57 1,170.67 513.58 657.09 98,050.05
58 1,170.67 517.01 653.67 97,533.05
59 1,170.67 520.45 650.22 97,012.59
60 1,170.67 523.92 646.75 96,488.67
61 1,170.67 527.42 643.26 95,961.25
62 1,170.67 530.93 639.74 95,430.32
63 1,170.67 534.47 636.20 94,895.85
64 1,170.67 538.03 632.64 94,357.81
65 1,170.67 541.62 629.05 93,816.19
66 1,170.67 545.23 625.44 93,270.96
67 1,170.67 548.87 621.81 92,722.09
68 1,170.67 552.53 618.15 92,169.57
69 1,170.67 556.21 614.46 91,613.36
70 1,170.67 559.92 610.76 91,053.44
71 1,170.67 563.65 607.02 90,489.79
72 1,170.67 567.41 603.27 89,922.38
73 1,170.67 571.19 599.48 89,351.19
74 1,170.67 575.00 595.67 88,776.19
75 1,170.67 578.83 591.84 88,197.36
76 1,170.67 582.69 587.98 87,614.66
77 1,170.67 586.58 584.10 87,028.09
78 1,170.67 590.49 580.19 86,437.60
79 1,170.67 594.42 576.25 85,843.18
80 1,170.67 598.39 572.29 85,244.79
81 1,170.67 602.38 568.30 84,642.42
82 1,170.67 606.39 564.28 84,036.03
83 1,170.67 610.43 560.24 83,425.59
84 1,170.67 614.50 556.17 82,811.09
85 1,170.67 618.60 552.07 82,192.49
86 1,170.67 622.72 547.95 81,569.77
87 1,170.67 626.88 543.80 80,942.89
88 1,170.67 631.05 539.62 80,311.84
89 1,170.67 635.26 535.41 79,676.57
90 1,170.67 639.50 531.18 79,037.08
91 1,170.67 643.76 526.91 78,393.32
92 1,170.67 648.05 522.62 77,745.27
93 1,170.67 652.37 518.30 77,092.89
94 1,170.67 656.72 513.95 76,436.17
95 1,170.67 661.10 509.57 75,775.07
96 1,170.67 665.51 505.17 75,109.57
97 1,170.67 669.94 500.73 74,439.62
98 1,170.67 674.41 496.26 73,765.21
99 1,170.67 678.91 491.77 73,086.31
100 1,170.67 683.43 487.24 72,402.88
101 1,170.67 687.99 482.69 71,714.89
102 1,170.67 692.57 478.10 71,022.31
103 1,170.67 697.19 473.48 70,325.12
104 1,170.67 701.84 468.83 69,623.28
105 1,170.67 706.52 464.16 68,916.76
106 1,170.67 711.23 459.45 68,205.53
107 1,170.67 715.97 454.70 67,489.56
108 1,170.67 720.74 449.93 66,768.82
109 1,170.67 725.55 445.13 66,043.27
110 1,170.67 730.39 440.29 65,312.89
111 1,170.67 735.25 435.42 64,577.63
112 1,170.67 740.16 430.52 63,837.48
113 1,170.67 745.09 425.58 63,092.39
114 1,170.67 750.06 420.62 62,342.33
115 1,170.67 755.06 415.62 61,587.27
116 1,170.67 760.09 410.58 60,827.18
117 1,170.67 765.16 405.51 60,062.02
118 1,170.67 770.26 400.41 59,291.76
119 1,170.67 775.40 395.28 58,516.36
120 1,170.67 780.56 390.11 57,735.80
121 1,170.67 785.77 384.91 56,950.03
122 1,170.67 791.01 379.67 56,159.02
123 1,170.67 796.28 374.39 55,362.74
124 1,170.67 801.59 369.08 54,561.15
125 1,170.67 806.93 363.74 53,754.22
126 1,170.67 812.31 358.36 52,941.91
127 1,170.67 817.73 352.95 52,124.18
128 1,170.67 823.18 347.49 51,301.00
129 1,170.67 828.67 342.01 50,472.33
130 1,170.67 834.19 336.48 49,638.14
131 1,170.67 839.75 330.92 48,798.39
132 1,170.67 845.35 325.32 47,953.04
133 1,170.67 850.99 319.69 47,102.05
134 1,170.67 856.66 314.01 46,245.39
135 1,170.67 862.37 308.30 45,383.02
136 1,170.67 868.12 302.55 44,514.90
137 1,170.67 873.91 296.77 43,640.99
138 1,170.67 879.73 290.94 42,761.26
139 1,170.67 885.60 285.08 41,875.66
140 1,170.67 891.50 279.17 40,984.16
141 1,170.67 897.45 273.23 40,086.71
142 1,170.67 903.43 267.24 39,183.28
143 1,170.67 909.45 261.22 38,273.83
144 1,170.67 915.51 255.16 37,358.31
145 1,170.67 921.62 249.06 36,436.70
146 1,170.67 927.76 242.91 35,508.93
147 1,170.67 933.95 236.73 34,574.99
148 1,170.67 940.17 230.50 33,634.81
149 1,170.67 946.44 224.23 32,688.37
150 1,170.67 952.75 217.92 31,735.62
151 1,170.67 959.10 211.57 30,776.52
152 1,170.67 965.50 205.18 29,811.02
153 1,170.67 971.93 198.74 28,839.09
154 1,170.67 978.41 192.26 27,860.67
155 1,170.67 984.94 185.74 26,875.74
156 1,170.67 991.50 179.17 25,884.23
157 1,170.67 998.11 172.56 24,886.12
158 1,170.67 1,004.77 165.91 23,881.36
159 1,170.67 1,011.46 159.21 22,869.89
160 1,170.67 1,018.21 152.47 21,851.68
161 1,170.67 1,025.00 145.68 20,826.69
162 1,170.67 1,031.83 138.84 19,794.86
163 1,170.67 1,038.71 131.97 18,756.15
164 1,170.67 1,045.63 125.04 17,710.52
165 1,170.67 1,052.60 118.07 16,657.91
166 1,170.67 1,059.62 111.05 15,598.29
167 1,170.67 1,066.69 103.99 14,531.61
168 1,170.67 1,073.80 96.88 13,457.81
169 1,170.67 1,080.96 89.72 12,376.86
170 1,170.67 1,088.16 82.51 11,288.69
171 1,170.67 1,095.42 75.26 10,193.28
172 1,170.67 1,102.72 67.96 9,090.56
173 1,170.67 1,110.07 60.60 7,980.49
174 1,170.67 1,117.47 53.20 6,863.02
175 1,170.67 1,124.92 45.75 5,738.10
176 1,170.67 1,132.42 38.25 4,605.68
177 1,170.67 1,139.97 30.70 3,465.71
178 1,170.67 1,147.57 23.10 2,318.14
179 1,170.67 1,155.22 15.45 1,162.92
180 1,170.67 1,162.92 7.75 0.00