What is the monthly payment on a $120,000 home equity loan?

Today's Home Equity Rates

The monthly payment for a $120,000 home equity loan is $1,115.83 a month with a 15 year term and 7.55% interest rate. Use the $120,000 home equity loan payment calculator to calculate the monthly payment for home equity loan with a different interest rate and term.

$120,000 Home Equity Loan Payment Calculator

Home Equity Loan
Loan Terms
years
Interest Rate

$120K Home Equity Loan Payment

Home Equity Loan:
$120,000.00
Monthly Payment:
$1,115.83
Total # Of Payments:
180
Start Date:
Nov, 2024
Payoff Date:
Oct, 2039
Total Interest Paid:
$80,848.89
Total Payment:
$200,848.89

$120K Home Equity Loan Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Nov, 2024 1 $755.00 $360.83 $1,115.83 $119,639.17
Dec, 2024 2 $752.73 $363.10 $1,115.83 $119,276.08
Jan, 2025 3 $750.45 $365.38 $1,115.83 $118,910.69
Feb, 2025 4 $748.15 $367.68 $1,115.83 $118,543.01
Mar, 2025 5 $745.83 $369.99 $1,115.83 $118,173.02
Apr, 2025 6 $743.51 $372.32 $1,115.83 $117,800.70
May, 2025 7 $741.16 $374.66 $1,115.83 $117,426.03
Jun, 2025 8 $738.81 $377.02 $1,115.83 $117,049.01
Jul, 2025 9 $736.43 $379.39 $1,115.83 $116,669.62
Aug, 2025 10 $734.05 $381.78 $1,115.83 $116,287.84
Sep, 2025 11 $731.64 $384.18 $1,115.83 $115,903.65
Oct, 2025 12 $729.23 $386.60 $1,115.83 $115,517.05
Nov, 2025 13 $726.79 $389.03 $1,115.83 $115,128.02
Dec, 2025 14 $724.35 $391.48 $1,115.83 $114,736.54
Jan, 2026 15 $721.88 $393.94 $1,115.83 $114,342.60
Feb, 2026 16 $719.41 $396.42 $1,115.83 $113,946.18
Mar, 2026 17 $716.91 $398.92 $1,115.83 $113,547.26
Apr, 2026 18 $714.40 $401.43 $1,115.83 $113,145.83
May, 2026 19 $711.88 $403.95 $1,115.83 $112,741.88
Jun, 2026 20 $709.33 $406.49 $1,115.83 $112,335.39
Jul, 2026 21 $706.78 $409.05 $1,115.83 $111,926.34
Aug, 2026 22 $704.20 $411.62 $1,115.83 $111,514.72
Sep, 2026 23 $701.61 $414.21 $1,115.83 $111,100.50
Oct, 2026 24 $699.01 $416.82 $1,115.83 $110,683.68
Nov, 2026 25 $696.38 $419.44 $1,115.83 $110,264.24
Dec, 2026 26 $693.75 $422.08 $1,115.83 $109,842.16
Jan, 2027 27 $691.09 $424.74 $1,115.83 $109,417.42
Feb, 2027 28 $688.42 $427.41 $1,115.83 $108,990.01
Mar, 2027 29 $685.73 $430.10 $1,115.83 $108,559.92
Apr, 2027 30 $683.02 $432.80 $1,115.83 $108,127.11
May, 2027 31 $680.30 $435.53 $1,115.83 $107,691.58
Jun, 2027 32 $677.56 $438.27 $1,115.83 $107,253.32
Jul, 2027 33 $674.80 $441.03 $1,115.83 $106,812.29
Aug, 2027 34 $672.03 $443.80 $1,115.83 $106,368.49
Sep, 2027 35 $669.24 $446.59 $1,115.83 $105,921.90
Oct, 2027 36 $666.43 $449.40 $1,115.83 $105,472.50
Nov, 2027 37 $663.60 $452.23 $1,115.83 $105,020.27
Dec, 2027 38 $660.75 $455.07 $1,115.83 $104,565.19
Jan, 2028 39 $657.89 $457.94 $1,115.83 $104,107.26
Feb, 2028 40 $655.01 $460.82 $1,115.83 $103,646.44
Mar, 2028 41 $652.11 $463.72 $1,115.83 $103,182.72
Apr, 2028 42 $649.19 $466.64 $1,115.83 $102,716.08
May, 2028 43 $646.26 $469.57 $1,115.83 $102,246.51
Jun, 2028 44 $643.30 $472.53 $1,115.83 $101,773.98
Jul, 2028 45 $640.33 $475.50 $1,115.83 $101,298.48
Aug, 2028 46 $637.34 $478.49 $1,115.83 $100,819.99
Sep, 2028 47 $634.33 $481.50 $1,115.83 $100,338.49
Oct, 2028 48 $631.30 $484.53 $1,115.83 $99,853.96
Nov, 2028 49 $628.25 $487.58 $1,115.83 $99,366.38
Dec, 2028 50 $625.18 $490.65 $1,115.83 $98,875.74
Jan, 2029 51 $622.09 $493.73 $1,115.83 $98,382.00
Feb, 2029 52 $618.99 $496.84 $1,115.83 $97,885.16
Mar, 2029 53 $615.86 $499.97 $1,115.83 $97,385.19
Apr, 2029 54 $612.72 $503.11 $1,115.83 $96,882.08
May, 2029 55 $609.55 $506.28 $1,115.83 $96,375.81
Jun, 2029 56 $606.36 $509.46 $1,115.83 $95,866.34
Jul, 2029 57 $603.16 $512.67 $1,115.83 $95,353.67
Aug, 2029 58 $599.93 $515.89 $1,115.83 $94,837.78
Sep, 2029 59 $596.69 $519.14 $1,115.83 $94,318.64
Oct, 2029 60 $593.42 $522.41 $1,115.83 $93,796.24
Nov, 2029 61 $590.13 $525.69 $1,115.83 $93,270.54
Dec, 2029 62 $586.83 $529.00 $1,115.83 $92,741.54
Jan, 2030 63 $583.50 $532.33 $1,115.83 $92,209.22
Feb, 2030 64 $580.15 $535.68 $1,115.83 $91,673.54
Mar, 2030 65 $576.78 $539.05 $1,115.83 $91,134.49
Apr, 2030 66 $573.39 $542.44 $1,115.83 $90,592.05
May, 2030 67 $569.97 $545.85 $1,115.83 $90,046.20
Jun, 2030 68 $566.54 $549.29 $1,115.83 $89,496.91
Jul, 2030 69 $563.08 $552.74 $1,115.83 $88,944.17
Aug, 2030 70 $559.61 $556.22 $1,115.83 $88,387.95
Sep, 2030 71 $556.11 $559.72 $1,115.83 $87,828.23
Oct, 2030 72 $552.59 $563.24 $1,115.83 $87,264.99
Nov, 2030 73 $549.04 $566.78 $1,115.83 $86,698.20
Dec, 2030 74 $545.48 $570.35 $1,115.83 $86,127.85
Jan, 2031 75 $541.89 $573.94 $1,115.83 $85,553.91
Feb, 2031 76 $538.28 $577.55 $1,115.83 $84,976.36
Mar, 2031 77 $534.64 $581.18 $1,115.83 $84,395.18
Apr, 2031 78 $530.99 $584.84 $1,115.83 $83,810.34
May, 2031 79 $527.31 $588.52 $1,115.83 $83,221.82
Jun, 2031 80 $523.60 $592.22 $1,115.83 $82,629.59
Jul, 2031 81 $519.88 $595.95 $1,115.83 $82,033.64
Aug, 2031 82 $516.13 $599.70 $1,115.83 $81,433.95
Sep, 2031 83 $512.36 $603.47 $1,115.83 $80,830.47
Oct, 2031 84 $508.56 $607.27 $1,115.83 $80,223.21
Nov, 2031 85 $504.74 $611.09 $1,115.83 $79,612.12
Dec, 2031 86 $500.89 $614.93 $1,115.83 $78,997.18
Jan, 2032 87 $497.02 $618.80 $1,115.83 $78,378.38
Feb, 2032 88 $493.13 $622.70 $1,115.83 $77,755.68
Mar, 2032 89 $489.21 $626.61 $1,115.83 $77,129.07
Apr, 2032 90 $485.27 $630.56 $1,115.83 $76,498.51
May, 2032 91 $481.30 $634.52 $1,115.83 $75,863.99
Jun, 2032 92 $477.31 $638.52 $1,115.83 $75,225.47
Jul, 2032 93 $473.29 $642.53 $1,115.83 $74,582.94
Aug, 2032 94 $469.25 $646.58 $1,115.83 $73,936.36
Sep, 2032 95 $465.18 $650.64 $1,115.83 $73,285.72
Oct, 2032 96 $461.09 $654.74 $1,115.83 $72,630.98
Nov, 2032 97 $456.97 $658.86 $1,115.83 $71,972.12
Dec, 2032 98 $452.82 $663.00 $1,115.83 $71,309.12
Jan, 2033 99 $448.65 $667.17 $1,115.83 $70,641.95
Feb, 2033 100 $444.46 $671.37 $1,115.83 $69,970.57
Mar, 2033 101 $440.23 $675.60 $1,115.83 $69,294.98
Apr, 2033 102 $435.98 $679.85 $1,115.83 $68,615.13
May, 2033 103 $431.70 $684.12 $1,115.83 $67,931.01
Jun, 2033 104 $427.40 $688.43 $1,115.83 $67,242.58
Jul, 2033 105 $423.07 $692.76 $1,115.83 $66,549.82
Aug, 2033 106 $418.71 $697.12 $1,115.83 $65,852.70
Sep, 2033 107 $414.32 $701.50 $1,115.83 $65,151.20
Oct, 2033 108 $409.91 $705.92 $1,115.83 $64,445.28
Nov, 2033 109 $405.47 $710.36 $1,115.83 $63,734.92
Dec, 2033 110 $401.00 $714.83 $1,115.83 $63,020.09
Jan, 2034 111 $396.50 $719.33 $1,115.83 $62,300.77
Feb, 2034 112 $391.98 $723.85 $1,115.83 $61,576.92
Mar, 2034 113 $387.42 $728.41 $1,115.83 $60,848.51
Apr, 2034 114 $382.84 $732.99 $1,115.83 $60,115.52
May, 2034 115 $378.23 $737.60 $1,115.83 $59,377.92
Jun, 2034 116 $373.59 $742.24 $1,115.83 $58,635.68
Jul, 2034 117 $368.92 $746.91 $1,115.83 $57,888.77
Aug, 2034 118 $364.22 $751.61 $1,115.83 $57,137.16
Sep, 2034 119 $359.49 $756.34 $1,115.83 $56,380.82
Oct, 2034 120 $354.73 $761.10 $1,115.83 $55,619.72
Nov, 2034 121 $349.94 $765.89 $1,115.83 $54,853.84
Dec, 2034 122 $345.12 $770.71 $1,115.83 $54,083.13
Jan, 2035 123 $340.27 $775.55 $1,115.83 $53,307.58
Feb, 2035 124 $335.39 $780.43 $1,115.83 $52,527.14
Mar, 2035 125 $330.48 $785.34 $1,115.83 $51,741.80
Apr, 2035 126 $325.54 $790.28 $1,115.83 $50,951.52
May, 2035 127 $320.57 $795.26 $1,115.83 $50,156.26
Jun, 2035 128 $315.57 $800.26 $1,115.83 $49,356.00
Jul, 2035 129 $310.53 $805.30 $1,115.83 $48,550.70
Aug, 2035 130 $305.46 $810.36 $1,115.83 $47,740.34
Sep, 2035 131 $300.37 $815.46 $1,115.83 $46,924.88
Oct, 2035 132 $295.24 $820.59 $1,115.83 $46,104.29
Nov, 2035 133 $290.07 $825.75 $1,115.83 $45,278.53
Dec, 2035 134 $284.88 $830.95 $1,115.83 $44,447.58
Jan, 2036 135 $279.65 $836.18 $1,115.83 $43,611.41
Feb, 2036 136 $274.39 $841.44 $1,115.83 $42,769.97
Mar, 2036 137 $269.09 $846.73 $1,115.83 $41,923.23
Apr, 2036 138 $263.77 $852.06 $1,115.83 $41,071.17
May, 2036 139 $258.41 $857.42 $1,115.83 $40,213.75
Jun, 2036 140 $253.01 $862.82 $1,115.83 $39,350.94
Jul, 2036 141 $247.58 $868.24 $1,115.83 $38,482.69
Aug, 2036 142 $242.12 $873.71 $1,115.83 $37,608.99
Sep, 2036 143 $236.62 $879.20 $1,115.83 $36,729.78
Oct, 2036 144 $231.09 $884.74 $1,115.83 $35,845.05
Nov, 2036 145 $225.53 $890.30 $1,115.83 $34,954.74
Dec, 2036 146 $219.92 $895.90 $1,115.83 $34,058.84
Jan, 2037 147 $214.29 $901.54 $1,115.83 $33,157.30
Feb, 2037 148 $208.61 $907.21 $1,115.83 $32,250.09
Mar, 2037 149 $202.91 $912.92 $1,115.83 $31,337.17
Apr, 2037 150 $197.16 $918.66 $1,115.83 $30,418.50
May, 2037 151 $191.38 $924.44 $1,115.83 $29,494.06
Jun, 2037 152 $185.57 $930.26 $1,115.83 $28,563.80
Jul, 2037 153 $179.71 $936.11 $1,115.83 $27,627.69
Aug, 2037 154 $173.82 $942.00 $1,115.83 $26,685.68
Sep, 2037 155 $167.90 $947.93 $1,115.83 $25,737.75
Oct, 2037 156 $161.93 $953.89 $1,115.83 $24,783.86
Nov, 2037 157 $155.93 $959.90 $1,115.83 $23,823.96
Dec, 2037 158 $149.89 $965.93 $1,115.83 $22,858.03
Jan, 2038 159 $143.82 $972.01 $1,115.83 $21,886.02
Feb, 2038 160 $137.70 $978.13 $1,115.83 $20,907.89
Mar, 2038 161 $131.55 $984.28 $1,115.83 $19,923.61
Apr, 2038 162 $125.35 $990.47 $1,115.83 $18,933.13
May, 2038 163 $119.12 $996.71 $1,115.83 $17,936.43
Jun, 2038 164 $112.85 $1,002.98 $1,115.83 $16,933.45
Jul, 2038 165 $106.54 $1,009.29 $1,115.83 $15,924.16
Aug, 2038 166 $100.19 $1,015.64 $1,115.83 $14,908.53
Sep, 2038 167 $93.80 $1,022.03 $1,115.83 $13,886.50
Oct, 2038 168 $87.37 $1,028.46 $1,115.83 $12,858.04
Nov, 2038 169 $80.90 $1,034.93 $1,115.83 $11,823.11
Dec, 2038 170 $74.39 $1,041.44 $1,115.83 $10,781.67
Jan, 2039 171 $67.83 $1,047.99 $1,115.83 $9,733.68
Feb, 2039 172 $61.24 $1,054.59 $1,115.83 $8,679.09
Mar, 2039 173 $54.61 $1,061.22 $1,115.83 $7,617.87
Apr, 2039 174 $47.93 $1,067.90 $1,115.83 $6,549.97
May, 2039 175 $41.21 $1,074.62 $1,115.83 $5,475.36
Jun, 2039 176 $34.45 $1,081.38 $1,115.83 $4,393.98
Jul, 2039 177 $27.65 $1,088.18 $1,115.83 $3,305.80
Aug, 2039 178 $20.80 $1,095.03 $1,115.83 $2,210.77
Sep, 2039 179 $13.91 $1,101.92 $1,115.83 $1,108.85
Oct, 2039 180 $6.98 $1,108.85 $1,115.83 $0.00
125000 home equity loan payment

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