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Mortgage Payment Schedule for a $118,000 Home

The mortgage payment schedule, also commonly referred to as an amortization table or schedule, is dependent on three factors - down payment, interest rate and term length. Modify them below if needed before viewing the payment schedule. The default values are based on a down payment of 20% and the current 30-year fixed mortgage rate average from Freddie Mac as of February 15, 2018. Check LendingTree to see current rates from multiple lenders or view the mortgage providers listed below.

Mortgage Parameters


Less than 20% ($23,600) may require pre-mortgage insurance


4.38% is current rate for 30-year fixed
3.84% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$472 360 $75,377 $169,777

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $118,000
Down Payment $23,600$94,400
Year 1 - 1 ($472)$345$127$94,273
2 ($472)$344$128$94,145
3 ($472)$344$128$94,017
4 ($472)$343$128$93,889
5 ($472)$343$129$93,760
6 ($472)$342$129$93,631
7 ($472)$342$130$93,501
8 ($472)$341$130$93,371
9 ($472)$341$131$93,240
10 ($472)$340$131$93,108
11 ($472)$340$132$92,977
12 ($472)$339$132$92,844
Year 2 - 13 ($472)$339$133$92,712
14 ($472)$338$133$92,579
15 ($472)$338$134$92,445
16 ($472)$337$134$92,311
17 ($472)$337$135$92,176
18 ($472)$336$135$92,041
19 ($472)$336$136$91,905
20 ($472)$335$136$91,769
21 ($472)$335$137$91,632
22 ($472)$334$137$91,495
23 ($472)$334$138$91,358
24 ($472)$333$138$91,219
Year 3 - 25 ($472)$333$139$91,081
26 ($472)$332$139$90,942
27 ($472)$332$140$90,802
28 ($472)$331$140$90,662
29 ($472)$331$141$90,521
30 ($472)$330$141$90,380
31 ($472)$330$142$90,238
32 ($472)$329$142$90,096
33 ($472)$329$143$89,953
34 ($472)$328$143$89,810
35 ($472)$328$144$89,666
36 ($472)$327$144$89,522
Year 4 - 37 ($472)$327$145$89,377
38 ($472)$326$145$89,232
39 ($472)$326$146$89,086
40 ($472)$325$146$88,939
41 ($472)$325$147$88,792
42 ($472)$324$148$88,645
43 ($472)$324$148$88,497
44 ($472)$323$149$88,348
45 ($472)$322$149$88,199
46 ($472)$322$150$88,049
47 ($472)$321$150$87,899
48 ($472)$321$151$87,748
Year 5 - 49 ($472)$320$151$87,597
50 ($472)$320$152$87,445
51 ($472)$319$152$87,293
52 ($472)$319$153$87,140
53 ($472)$318$154$86,986
54 ($472)$317$154$86,832
55 ($472)$317$155$86,677
56 ($472)$316$155$86,522
57 ($472)$316$156$86,366
58 ($472)$315$156$86,210
59 ($472)$315$157$86,053
60 ($472)$314$158$85,896
Year 6 - 61 ($472)$314$158$85,737
62 ($472)$313$159$85,579
63 ($472)$312$159$85,420
64 ($472)$312$160$85,260
65 ($472)$311$160$85,099
66 ($472)$311$161$84,938
67 ($472)$310$162$84,777
68 ($472)$309$162$84,615
69 ($472)$309$163$84,452
70 ($472)$308$163$84,288
71 ($472)$308$164$84,125
72 ($472)$307$165$83,960
Year 7 - 73 ($472)$306$165$83,795
74 ($472)$306$166$83,629
75 ($472)$305$166$83,463
76 ($472)$305$167$83,296
77 ($472)$304$168$83,128
78 ($472)$303$168$82,960
79 ($472)$303$169$82,791
80 ($472)$302$169$82,622
81 ($472)$302$170$82,452
82 ($472)$301$171$82,281
83 ($472)$300$171$82,110
84 ($472)$300$172$81,938
Year 8 - 85 ($472)$299$173$81,765
86 ($472)$298$173$81,592
87 ($472)$298$174$81,418
88 ($472)$297$174$81,244
89 ($472)$297$175$81,069
90 ($472)$296$176$80,893
91 ($472)$295$176$80,717
92 ($472)$295$177$80,540
93 ($472)$294$178$80,362
94 ($472)$293$178$80,184
95 ($472)$293$179$80,005
96 ($472)$292$180$79,825
Year 9 - 97 ($472)$291$180$79,645
98 ($472)$291$181$79,464
99 ($472)$290$182$79,283
100 ($472)$289$182$79,101
101 ($472)$289$183$78,918
102 ($472)$288$184$78,734
103 ($472)$287$184$78,550
104 ($472)$287$185$78,365
105 ($472)$286$186$78,179
106 ($472)$285$186$77,993
107 ($472)$285$187$77,806
108 ($472)$284$188$77,619
Year 10 - 109 ($472)$283$188$77,430
110 ($472)$283$189$77,241
111 ($472)$282$190$77,052
112 ($472)$281$190$76,861
113 ($472)$281$191$76,670
114 ($472)$280$192$76,479
115 ($472)$279$192$76,286
116 ($472)$278$193$76,093
117 ($472)$278$194$75,899
118 ($472)$277$195$75,704
119 ($472)$276$195$75,509
120 ($472)$276$196$75,313
Year 11 - 121 ($472)$275$197$75,116
122 ($472)$274$197$74,919
123 ($472)$273$198$74,721
124 ($472)$273$199$74,522
125 ($472)$272$200$74,322
126 ($472)$271$200$74,122
127 ($472)$271$201$73,921
128 ($472)$270$202$73,719
129 ($472)$269$203$73,517
130 ($472)$268$203$73,313
131 ($472)$268$204$73,109
132 ($472)$267$205$72,905
Year 12 - 133 ($472)$266$206$72,699
134 ($472)$265$206$72,493
135 ($472)$265$207$72,286
136 ($472)$264$208$72,078
137 ($472)$263$209$71,870
138 ($472)$262$209$71,660
139 ($472)$262$210$71,450
140 ($472)$261$211$71,240
141 ($472)$260$212$71,028
142 ($472)$259$212$70,816
143 ($472)$258$213$70,602
144 ($472)$258$214$70,389
Year 13 - 145 ($472)$257$215$70,174
146 ($472)$256$215$69,958
147 ($472)$255$216$69,742
148 ($472)$255$217$69,525
149 ($472)$254$218$69,307
150 ($472)$253$219$69,089
151 ($472)$252$219$68,869
152 ($472)$251$220$68,649
153 ($472)$251$221$68,428
154 ($472)$250$222$68,206
155 ($472)$249$223$67,983
156 ($472)$248$223$67,760
Year 14 - 157 ($472)$247$224$67,536
158 ($472)$247$225$67,311
159 ($472)$246$226$67,085
160 ($472)$245$227$66,858
161 ($472)$244$228$66,630
162 ($472)$243$228$66,402
163 ($472)$242$229$66,173
164 ($472)$242$230$65,943
165 ($472)$241$231$65,712
166 ($472)$240$232$65,480
167 ($472)$239$233$65,247
168 ($472)$238$233$65,014
Year 15 - 169 ($472)$237$234$64,780
170 ($472)$236$235$64,544
171 ($472)$236$236$64,308
172 ($472)$235$237$64,072
173 ($472)$234$238$63,834
174 ($472)$233$239$63,595
175 ($472)$232$239$63,356
176 ($472)$231$240$63,115
177 ($472)$230$241$62,874
178 ($472)$229$242$62,632
179 ($472)$229$243$62,389
180 ($472)$228$244$62,145
Year 16 - 181 ($472)$227$245$61,900
182 ($472)$226$246$61,655
183 ($472)$225$247$61,408
184 ($472)$224$247$61,161
185 ($472)$223$248$60,912
186 ($472)$222$249$60,663
187 ($472)$221$250$60,413
188 ($472)$221$251$60,162
189 ($472)$220$252$59,910
190 ($472)$219$253$59,657
191 ($472)$218$254$59,403
192 ($472)$217$255$59,148
Year 17 - 193 ($472)$216$256$58,892
194 ($472)$215$257$58,636
195 ($472)$214$258$58,378
196 ($472)$213$259$58,120
197 ($472)$212$259$57,860
198 ($472)$211$260$57,600
199 ($472)$210$261$57,338
200 ($472)$209$262$57,076
201 ($472)$208$263$56,813
202 ($472)$207$264$56,549
203 ($472)$206$265$56,283
204 ($472)$205$266$56,017
Year 18 - 205 ($472)$204$267$55,750
206 ($472)$203$268$55,482
207 ($472)$203$269$55,213
208 ($472)$202$270$54,943
209 ($472)$201$271$54,672
210 ($472)$200$272$54,400
211 ($472)$199$273$54,127
212 ($472)$198$274$53,853
213 ($472)$197$275$53,578
214 ($472)$196$276$53,302
215 ($472)$195$277$53,024
216 ($472)$194$278$52,746
Year 19 - 217 ($472)$193$279$52,467
218 ($472)$192$280$52,187
219 ($472)$190$281$51,906
220 ($472)$189$282$51,624
221 ($472)$188$283$51,341
222 ($472)$187$284$51,057
223 ($472)$186$285$50,771
224 ($472)$185$286$50,485
225 ($472)$184$287$50,198
226 ($472)$183$288$49,909
227 ($472)$182$289$49,620
228 ($472)$181$290$49,329
Year 20 - 229 ($472)$180$292$49,038
230 ($472)$179$293$48,745
231 ($472)$178$294$48,452
232 ($472)$177$295$48,157
233 ($472)$176$296$47,861
234 ($472)$175$297$47,564
235 ($472)$174$298$47,266
236 ($472)$173$299$46,967
237 ($472)$171$300$46,667
238 ($472)$170$301$46,366
239 ($472)$169$302$46,063
240 ($472)$168$303$45,760
Year 21 - 241 ($472)$167$305$45,455
242 ($472)$166$306$45,149
243 ($472)$165$307$44,843
244 ($472)$164$308$44,535
245 ($472)$163$309$44,226
246 ($472)$161$310$43,915
247 ($472)$160$311$43,604
248 ($472)$159$312$43,292
249 ($472)$158$314$42,978
250 ($472)$157$315$42,663
251 ($472)$156$316$42,347
252 ($472)$155$317$42,030
Year 22 - 253 ($472)$153$318$41,712
254 ($472)$152$319$41,393
255 ($472)$151$321$41,072
256 ($472)$150$322$40,751
257 ($472)$149$323$40,428
258 ($472)$148$324$40,104
259 ($472)$146$325$39,779
260 ($472)$145$326$39,452
261 ($472)$144$328$39,125
262 ($472)$143$329$38,796
263 ($472)$142$330$38,466
264 ($472)$140$331$38,135
Year 23 - 265 ($472)$139$332$37,802
266 ($472)$138$334$37,469
267 ($472)$137$335$37,134
268 ($472)$136$336$36,798
269 ($472)$134$337$36,460
270 ($472)$133$339$36,122
271 ($472)$132$340$35,782
272 ($472)$131$341$35,441
273 ($472)$129$342$35,099
274 ($472)$128$343$34,755
275 ($472)$127$345$34,411
276 ($472)$126$346$34,065
Year 24 - 277 ($472)$124$347$33,717
278 ($472)$123$349$33,369
279 ($472)$122$350$33,019
280 ($472)$121$351$32,668
281 ($472)$119$352$32,315
282 ($472)$118$354$31,962
283 ($472)$117$355$31,607
284 ($472)$115$356$31,251
285 ($472)$114$358$30,893
286 ($472)$113$359$30,534
287 ($472)$111$360$30,174
288 ($472)$110$361$29,813
Year 25 - 289 ($472)$109$363$29,450
290 ($472)$107$364$29,086
291 ($472)$106$365$28,720
292 ($472)$105$367$28,354
293 ($472)$103$368$27,985
294 ($472)$102$369$27,616
295 ($472)$101$371$27,245
296 ($472)$99$372$26,873
297 ($472)$98$374$26,499
298 ($472)$97$375$26,125
299 ($472)$95$376$25,748
300 ($472)$94$378$25,371
Year 26 - 301 ($472)$93$379$24,992
302 ($472)$91$380$24,611
303 ($472)$90$382$24,230
304 ($472)$88$383$23,846
305 ($472)$87$385$23,462
306 ($472)$86$386$23,076
307 ($472)$84$387$22,688
308 ($472)$83$389$22,300
309 ($472)$81$390$21,909
310 ($472)$80$392$21,518
311 ($472)$79$393$21,125
312 ($472)$77$394$20,730
Year 27 - 313 ($472)$76$396$20,334
314 ($472)$74$397$19,937
315 ($472)$73$399$19,538
316 ($472)$71$400$19,138
317 ($472)$70$402$18,736
318 ($472)$68$403$18,333
319 ($472)$67$405$17,928
320 ($472)$65$406$17,522
321 ($472)$64$408$17,114
322 ($472)$62$409$16,705
323 ($472)$61$411$16,295
324 ($472)$59$412$15,882
Year 28 - 325 ($472)$58$414$15,469
326 ($472)$56$415$15,054
327 ($472)$55$417$14,637
328 ($472)$53$418$14,219
329 ($472)$52$420$13,799
330 ($472)$50$421$13,378
331 ($472)$49$423$12,955
332 ($472)$47$424$12,531
333 ($472)$46$426$12,105
334 ($472)$44$427$11,678
335 ($472)$43$429$11,249
336 ($472)$41$431$10,818
Year 29 - 337 ($472)$39$432$10,386
338 ($472)$38$434$9,952
339 ($472)$36$435$9,517
340 ($472)$35$437$9,080
341 ($472)$33$438$8,642
342 ($472)$32$440$8,202
343 ($472)$30$442$7,760
344 ($472)$28$443$7,317
345 ($472)$27$445$6,872
346 ($472)$25$447$6,425
347 ($472)$23$448$5,977
348 ($472)$22$450$5,527
Year 30 - 349 ($472)$20$451$5,076
350 ($472)$19$453$4,623
351 ($472)$17$455$4,168
352 ($472)$15$456$3,712
353 ($472)$14$458$3,254
354 ($472)$12$460$2,794
355 ($472)$10$461$2,332
356 ($472)$9$463$1,869
357 ($472)$7$465$1,405
358 ($472)$5$466$938
359 ($472)$3$468$470
360 ($472)$2$470$0
TOTALS$75,377$94,400$169,777

Disclaimer

This information is provided "as-is" and should only be used for general informational purposes. All costs were rounded to the nearest dollar to make the page more legible. There may be additional costs associated with the mortgage, including taxes, fees, insurance, homeowner association membership, etc. that could affect the monthly payment amount. Although the cost calculations are believed to be reliable, its accuracy is not warranted in any way.