120.98k Mortgage For 20 Years

What's the monthly mortgage payment for a $120,980 mortgage for 20 years?
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120.98k Mortgage For 20 Years (240 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 20 year fixed 120980 loan at 5.25% is 815.22/month. At 6.25% that mortgage payment jumps to 884.28/month. A 20 year fixed loan will have a total of 240 monthly payments. In total, the loan at 6.25% will end up costing $16,574 more than the 5.25% mortgage after 240 payments.

How much is the monthly payment for a 120,980 over 20 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $120,980 Loan over 240 Months

Monthly Payment by Interest Rate (20 Year Loan)
20 Year mortgage Payment
$120,980 mortgage at 1.25%$569.98 per month
$120,980 mortgage at 1.5%$583.78 per month
$120,980 mortgage at 1.75%$597.80 per month
$120,980 mortgage at 2%$612.02 per month
$120,980 mortgage at 2.25%$626.44 per month
$120,980 mortgage at 2.5%$641.08 per month
$120,980 mortgage at 2.75%$655.91 per month
$120,980 mortgage at 3%$670.95 per month
$120,980 mortgage at 3.25%$686.19 per month
$120,980 mortgage at 3.5%$701.64 per month
$120,980 mortgage at 3.75%$717.28 per month
$120,980 mortgage at 4%$733.12 per month
$120,980 mortgage at 4.25%$749.15 per month
$120,980 mortgage at 4.5%$765.38 per month
20 Year mortgage Payment
$120,980 mortgage at 4.75%$781.80 per month
$120,980 mortgage at 5%$798.41 per month
$120,980 mortgage at 5.25%$815.22 per month
$120,980 mortgage at 5.5%$832.21 per month
$120,980 mortgage at 5.75%$849.38 per month
$120,980 mortgage at 6%$866.74 per month
$120,980 mortgage at 6.25%$884.28 per month
$120,980 mortgage at 6.5%$901.99 per month
$120,980 mortgage at 6.75%$919.89 per month
$120,980 mortgage at 7%$937.96 per month
$120,980 mortgage at 7.25%$956.20 per month
$120,980 mortgage at 7.5%$974.61 per month
$120,980 mortgage at 7.75%$993.18 per month
$120,980 mortgage at 8%$1,011.93 per month