120k Mortgage For 30 Years

What's the monthly mortgage payment for a $120,000 mortgage for 30 years?
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120k Mortgage For 30 Years (360 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 30 year fixed 120000 loan at 5.25% is 662.64/month. At 6.25% that mortgage payment jumps to 738.86/month. A 30 year fixed loan will have a total of 360 monthly payments. In total, the loan at 6.25% will end up costing $27,438 more than the 5.25% mortgage after 360 payments.

How much is the monthly payment for a 120,000 over 30 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $120,000 Loan over 360 Months

Monthly Payment by Interest Rate (30 Year Loan)
30 Year mortgage Payment
$120,000 mortgage at 1.25%$399.90 per month
$120,000 mortgage at 1.5%$414.14 per month
$120,000 mortgage at 1.75%$428.69 per month
$120,000 mortgage at 2%$443.54 per month
$120,000 mortgage at 2.25%$458.70 per month
$120,000 mortgage at 2.5%$474.15 per month
$120,000 mortgage at 2.75%$489.89 per month
$120,000 mortgage at 3%$505.92 per month
$120,000 mortgage at 3.25%$522.25 per month
$120,000 mortgage at 3.5%$538.85 per month
$120,000 mortgage at 3.75%$555.74 per month
$120,000 mortgage at 4%$572.90 per month
$120,000 mortgage at 4.25%$590.33 per month
$120,000 mortgage at 4.5%$608.02 per month
30 Year mortgage Payment
$120,000 mortgage at 4.75%$625.98 per month
$120,000 mortgage at 5%$644.19 per month
$120,000 mortgage at 5.25%$662.64 per month
$120,000 mortgage at 5.5%$681.35 per month
$120,000 mortgage at 5.75%$700.29 per month
$120,000 mortgage at 6%$719.46 per month
$120,000 mortgage at 6.25%$738.86 per month
$120,000 mortgage at 6.5%$758.48 per month
$120,000 mortgage at 6.75%$778.32 per month
$120,000 mortgage at 7%$798.36 per month
$120,000 mortgage at 7.25%$818.61 per month
$120,000 mortgage at 7.5%$839.06 per month
$120,000 mortgage at 7.75%$859.69 per month
$120,000 mortgage at 8%$880.52 per month