118.48k Mortgage For 15 Years

What's the monthly mortgage payment for a $118,480 mortgage for 15 years?
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118.48k 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 118480 loan at 5.25% is 952.43/month. At 6.25% that mortgage payment jumps to 1,015.87/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 $11,419 more than the 5.25% mortgage after 180 payments.

How much is the monthly payment for a 118,480 over 15 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $118,480 Loan over 180 Months

Monthly Payment by Interest Rate (15 Year Loan)
15 Year mortgage Payment
$118,480 mortgage at 1.25%$722.20 per month
$118,480 mortgage at 1.5%$735.46 per month
$118,480 mortgage at 1.75%$748.87 per month
$118,480 mortgage at 2%$762.43 per month
$118,480 mortgage at 2.25%$776.14 per month
$118,480 mortgage at 2.5%$790.01 per month
$118,480 mortgage at 2.75%$804.03 per month
$118,480 mortgage at 3%$818.20 per month
$118,480 mortgage at 3.25%$832.52 per month
$118,480 mortgage at 3.5%$846.99 per month
$118,480 mortgage at 3.75%$861.61 per month
$118,480 mortgage at 4%$876.38 per month
$118,480 mortgage at 4.25%$891.30 per month
$118,480 mortgage at 4.5%$906.36 per month
15 Year mortgage Payment
$118,480 mortgage at 4.75%$921.58 per month
$118,480 mortgage at 5%$936.93 per month
$118,480 mortgage at 5.25%$952.43 per month
$118,480 mortgage at 5.5%$968.08 per month
$118,480 mortgage at 5.75%$983.87 per month
$118,480 mortgage at 6%$999.80 per month
$118,480 mortgage at 6.25%$1,015.87 per month
$118,480 mortgage at 6.5%$1,032.09 per month
$118,480 mortgage at 6.75%$1,048.44 per month
$118,480 mortgage at 7%$1,064.93 per month
$118,480 mortgage at 7.25%$1,081.56 per month
$118,480 mortgage at 7.5%$1,098.32 per month
$118,480 mortgage at 7.75%$1,115.22 per month
$118,480 mortgage at 8%$1,132.26 per month