120.42k Mortgage For 15 Years

What's the monthly mortgage payment for a $120,420 mortgage for 15 years?
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120.42k Mortgage For 15 Years (180 Months). Enter your loan details to view a printable amortization schedule and a payment summary.

  • Loan Amount: Enter total loan amount.
  • Down Payment: Enter the down payment.
  • Interest Rate: Enter the interest rate.
  • Years: Enter the loan length.
Make sure to shop around when choosing a mortgage. A small change in APR can add up to big savings over the course of the loan. For example, the payment of a 15 year fixed 120420 loan at 5.25% is 968.03/month. At 6.25% that mortgage payment jumps to 1,032.51/month. A 15 year fixed loan will have a total of 180 monthly payments. In total, the loan at 6.25% will end up costing $11,606 more than the 5.25% mortgage after 180 payments.

How much is the monthly payment for a 120,420 over 15 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $120,420 Loan over 180 Months

Monthly Payment by Interest Rate (15 Year Loan)
15 Year mortgage Payment
$120,420 mortgage at 1.25%$734.02 per month
$120,420 mortgage at 1.5%$747.50 per month
$120,420 mortgage at 1.75%$761.13 per month
$120,420 mortgage at 2%$774.91 per month
$120,420 mortgage at 2.25%$788.85 per month
$120,420 mortgage at 2.5%$802.95 per month
$120,420 mortgage at 2.75%$817.20 per month
$120,420 mortgage at 3%$831.60 per month
$120,420 mortgage at 3.25%$846.15 per month
$120,420 mortgage at 3.5%$860.86 per month
$120,420 mortgage at 3.75%$875.72 per month
$120,420 mortgage at 4%$890.73 per month
$120,420 mortgage at 4.25%$905.89 per month
$120,420 mortgage at 4.5%$921.20 per month
15 Year mortgage Payment
$120,420 mortgage at 4.75%$936.67 per month
$120,420 mortgage at 5%$952.27 per month
$120,420 mortgage at 5.25%$968.03 per month
$120,420 mortgage at 5.5%$983.93 per month
$120,420 mortgage at 5.75%$999.98 per month
$120,420 mortgage at 6%$1,016.17 per month
$120,420 mortgage at 6.25%$1,032.51 per month
$120,420 mortgage at 6.5%$1,048.99 per month
$120,420 mortgage at 6.75%$1,065.61 per month
$120,420 mortgage at 7%$1,082.37 per month
$120,420 mortgage at 7.25%$1,099.27 per month
$120,420 mortgage at 7.5%$1,116.31 per month
$120,420 mortgage at 7.75%$1,133.48 per month
$120,420 mortgage at 8%$1,150.80 per month