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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 April 20, 2017. Check Lending Tree to see current rates from multiple lenders.

Mortgage Parameters


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


3.97% is current rate for 30-year fixed
3.23% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$449 360 $67,258 $161,658

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $118,000
Down Payment $23,600$94,400
Year 1 - 1 ($449)$312$137$94,263
2 ($449)$312$137$94,126
3 ($449)$311$138$93,988
4 ($449)$311$138$93,850
5 ($449)$310$139$93,712
6 ($449)$310$139$93,573
7 ($449)$310$139$93,433
8 ($449)$309$140$93,293
9 ($449)$309$140$93,153
10 ($449)$308$141$93,012
11 ($449)$308$141$92,871
12 ($449)$307$142$92,729
Year 2 - 13 ($449)$307$142$92,587
14 ($449)$306$143$92,444
15 ($449)$306$143$92,301
16 ($449)$305$144$92,157
17 ($449)$305$144$92,013
18 ($449)$304$145$91,868
19 ($449)$304$145$91,723
20 ($449)$303$146$91,577
21 ($449)$303$146$91,431
22 ($449)$302$147$91,285
23 ($449)$302$147$91,138
24 ($449)$302$148$90,990
Year 3 - 25 ($449)$301$148$90,842
26 ($449)$301$149$90,694
27 ($449)$300$149$90,545
28 ($449)$300$149$90,395
29 ($449)$299$150$90,245
30 ($449)$299$150$90,095
31 ($449)$298$151$89,944
32 ($449)$298$151$89,792
33 ($449)$297$152$89,640
34 ($449)$297$152$89,488
35 ($449)$296$153$89,335
36 ($449)$296$153$89,181
Year 4 - 37 ($449)$295$154$89,027
38 ($449)$295$155$88,873
39 ($449)$294$155$88,718
40 ($449)$294$156$88,562
41 ($449)$293$156$88,406
42 ($449)$292$157$88,250
43 ($449)$292$157$88,092
44 ($449)$291$158$87,935
45 ($449)$291$158$87,777
46 ($449)$290$159$87,618
47 ($449)$290$159$87,459
48 ($449)$289$160$87,299
Year 5 - 49 ($449)$289$160$87,139
50 ($449)$288$161$86,978
51 ($449)$288$161$86,817
52 ($449)$287$162$86,655
53 ($449)$287$162$86,493
54 ($449)$286$163$86,330
55 ($449)$286$163$86,166
56 ($449)$285$164$86,002
57 ($449)$285$165$85,838
58 ($449)$284$165$85,673
59 ($449)$283$166$85,507
60 ($449)$283$166$85,341
Year 6 - 61 ($449)$282$167$85,174
62 ($449)$282$167$85,007
63 ($449)$281$168$84,839
64 ($449)$281$168$84,671
65 ($449)$280$169$84,502
66 ($449)$280$169$84,332
67 ($449)$279$170$84,162
68 ($449)$278$171$83,992
69 ($449)$278$171$83,821
70 ($449)$277$172$83,649
71 ($449)$277$172$83,477
72 ($449)$276$173$83,304
Year 7 - 73 ($449)$276$173$83,130
74 ($449)$275$174$82,956
75 ($449)$274$175$82,782
76 ($449)$274$175$82,606
77 ($449)$273$176$82,431
78 ($449)$273$176$82,254
79 ($449)$272$177$82,077
80 ($449)$272$178$81,900
81 ($449)$271$178$81,722
82 ($449)$270$179$81,543
83 ($449)$270$179$81,364
84 ($449)$269$180$81,184
Year 8 - 85 ($449)$269$180$81,003
86 ($449)$268$181$80,822
87 ($449)$267$182$80,641
88 ($449)$267$182$80,458
89 ($449)$266$183$80,276
90 ($449)$266$183$80,092
91 ($449)$265$184$79,908
92 ($449)$264$185$79,723
93 ($449)$264$185$79,538
94 ($449)$263$186$79,352
95 ($449)$263$187$79,166
96 ($449)$262$187$78,979
Year 9 - 97 ($449)$261$188$78,791
98 ($449)$261$188$78,602
99 ($449)$260$189$78,413
100 ($449)$259$190$78,224
101 ($449)$259$190$78,033
102 ($449)$258$191$77,843
103 ($449)$258$192$77,651
104 ($449)$257$192$77,459
105 ($449)$256$193$77,266
106 ($449)$256$193$77,073
107 ($449)$255$194$76,879
108 ($449)$254$195$76,684
Year 10 - 109 ($449)$254$195$76,489
110 ($449)$253$196$76,293
111 ($449)$252$197$76,096
112 ($449)$252$197$75,899
113 ($449)$251$198$75,701
114 ($449)$250$199$75,502
115 ($449)$250$199$75,303
116 ($449)$249$200$75,103
117 ($449)$248$201$74,902
118 ($449)$248$201$74,701
119 ($449)$247$202$74,499
120 ($449)$246$203$74,297
Year 11 - 121 ($449)$246$203$74,093
122 ($449)$245$204$73,889
123 ($449)$244$205$73,685
124 ($449)$244$205$73,480
125 ($449)$243$206$73,274
126 ($449)$242$207$73,067
127 ($449)$242$207$72,860
128 ($449)$241$208$72,652
129 ($449)$240$209$72,443
130 ($449)$240$209$72,234
131 ($449)$239$210$72,023
132 ($449)$238$211$71,813
Year 12 - 133 ($449)$238$211$71,601
134 ($449)$237$212$71,389
135 ($449)$236$213$71,176
136 ($449)$235$214$70,963
137 ($449)$235$214$70,748
138 ($449)$234$215$70,533
139 ($449)$233$216$70,318
140 ($449)$233$216$70,101
141 ($449)$232$217$69,884
142 ($449)$231$218$69,666
143 ($449)$230$219$69,448
144 ($449)$230$219$69,228
Year 13 - 145 ($449)$229$220$69,008
146 ($449)$228$221$68,788
147 ($449)$228$221$68,566
148 ($449)$227$222$68,344
149 ($449)$226$223$68,121
150 ($449)$225$224$67,897
151 ($449)$225$224$67,673
152 ($449)$224$225$67,448
153 ($449)$223$226$67,222
154 ($449)$222$227$66,995
155 ($449)$222$227$66,768
156 ($449)$221$228$66,540
Year 14 - 157 ($449)$220$229$66,311
158 ($449)$219$230$66,081
159 ($449)$219$230$65,851
160 ($449)$218$231$65,619
161 ($449)$217$232$65,387
162 ($449)$216$233$65,155
163 ($449)$216$233$64,921
164 ($449)$215$234$64,687
165 ($449)$214$235$64,452
166 ($449)$213$236$64,216
167 ($449)$212$237$63,979
168 ($449)$212$237$63,742
Year 15 - 169 ($449)$211$238$63,504
170 ($449)$210$239$63,265
171 ($449)$209$240$63,025
172 ($449)$209$241$62,785
173 ($449)$208$241$62,543
174 ($449)$207$242$62,301
175 ($449)$206$243$62,058
176 ($449)$205$244$61,814
177 ($449)$205$245$61,570
178 ($449)$204$245$61,325
179 ($449)$203$246$61,078
180 ($449)$202$247$60,831
Year 16 - 181 ($449)$201$248$60,584
182 ($449)$200$249$60,335
183 ($449)$200$249$60,086
184 ($449)$199$250$59,835
185 ($449)$198$251$59,584
186 ($449)$197$252$59,332
187 ($449)$196$253$59,080
188 ($449)$195$254$58,826
189 ($449)$195$254$58,572
190 ($449)$194$255$58,316
191 ($449)$193$256$58,060
192 ($449)$192$257$57,803
Year 17 - 193 ($449)$191$258$57,545
194 ($449)$190$259$57,287
195 ($449)$190$260$57,027
196 ($449)$189$260$56,767
197 ($449)$188$261$56,506
198 ($449)$187$262$56,243
199 ($449)$186$263$55,980
200 ($449)$185$264$55,717
201 ($449)$184$265$55,452
202 ($449)$183$266$55,186
203 ($449)$183$266$54,920
204 ($449)$182$267$54,652
Year 18 - 205 ($449)$181$268$54,384
206 ($449)$180$269$54,115
207 ($449)$179$270$53,845
208 ($449)$178$271$53,574
209 ($449)$177$272$53,302
210 ($449)$176$273$53,030
211 ($449)$175$274$52,756
212 ($449)$175$275$52,482
213 ($449)$174$275$52,206
214 ($449)$173$276$51,930
215 ($449)$172$277$51,652
216 ($449)$171$278$51,374
Year 19 - 217 ($449)$170$279$51,095
218 ($449)$169$280$50,815
219 ($449)$168$281$50,534
220 ($449)$167$282$50,252
221 ($449)$166$283$49,970
222 ($449)$165$284$49,686
223 ($449)$164$285$49,401
224 ($449)$163$286$49,116
225 ($449)$162$287$48,829
226 ($449)$162$288$48,542
227 ($449)$161$288$48,253
228 ($449)$160$289$47,964
Year 20 - 229 ($449)$159$290$47,673
230 ($449)$158$291$47,382
231 ($449)$157$292$47,090
232 ($449)$156$293$46,796
233 ($449)$155$294$46,502
234 ($449)$154$295$46,207
235 ($449)$153$296$45,911
236 ($449)$152$297$45,614
237 ($449)$151$298$45,316
238 ($449)$150$299$45,016
239 ($449)$149$300$44,716
240 ($449)$148$301$44,415
Year 21 - 241 ($449)$147$302$44,113
242 ($449)$146$303$43,810
243 ($449)$145$304$43,506
244 ($449)$144$305$43,201
245 ($449)$143$306$42,895
246 ($449)$142$307$42,587
247 ($449)$141$308$42,279
248 ($449)$140$309$41,970
249 ($449)$139$310$41,660
250 ($449)$138$311$41,349
251 ($449)$137$312$41,036
252 ($449)$136$313$40,723
Year 22 - 253 ($449)$135$314$40,409
254 ($449)$134$315$40,093
255 ($449)$133$316$39,777
256 ($449)$132$317$39,460
257 ($449)$131$319$39,141
258 ($449)$129$320$38,822
259 ($449)$128$321$38,501
260 ($449)$127$322$38,179
261 ($449)$126$323$37,857
262 ($449)$125$324$37,533
263 ($449)$124$325$37,208
264 ($449)$123$326$36,882
Year 23 - 265 ($449)$122$327$36,555
266 ($449)$121$328$36,227
267 ($449)$120$329$35,898
268 ($449)$119$330$35,567
269 ($449)$118$331$35,236
270 ($449)$117$332$34,903
271 ($449)$115$334$34,570
272 ($449)$114$335$34,235
273 ($449)$113$336$33,899
274 ($449)$112$337$33,562
275 ($449)$111$338$33,224
276 ($449)$110$339$32,885
Year 24 - 277 ($449)$109$340$32,545
278 ($449)$108$341$32,204
279 ($449)$107$343$31,861
280 ($449)$105$344$31,518
281 ($449)$104$345$31,173
282 ($449)$103$346$30,827
283 ($449)$102$347$30,480
284 ($449)$101$348$30,132
285 ($449)$100$349$29,782
286 ($449)$99$351$29,432
287 ($449)$97$352$29,080
288 ($449)$96$353$28,727
Year 25 - 289 ($449)$95$354$28,373
290 ($449)$94$355$28,018
291 ($449)$93$356$27,662
292 ($449)$92$358$27,304
293 ($449)$90$359$26,945
294 ($449)$89$360$26,585
295 ($449)$88$361$26,224
296 ($449)$87$362$25,862
297 ($449)$86$363$25,499
298 ($449)$84$365$25,134
299 ($449)$83$366$24,768
300 ($449)$82$367$24,401
Year 26 - 301 ($449)$81$368$24,033
302 ($449)$80$370$23,663
303 ($449)$78$371$23,292
304 ($449)$77$372$22,920
305 ($449)$76$373$22,547
306 ($449)$75$374$22,173
307 ($449)$73$376$21,797
308 ($449)$72$377$21,420
309 ($449)$71$378$21,042
310 ($449)$70$379$20,662
311 ($449)$68$381$20,282
312 ($449)$67$382$19,900
Year 27 - 313 ($449)$66$383$19,516
314 ($449)$65$384$19,132
315 ($449)$63$386$18,746
316 ($449)$62$387$18,359
317 ($449)$61$388$17,971
318 ($449)$59$390$17,581
319 ($449)$58$391$17,190
320 ($449)$57$392$16,798
321 ($449)$56$393$16,405
322 ($449)$54$395$16,010
323 ($449)$53$396$15,614
324 ($449)$52$397$15,217
Year 28 - 325 ($449)$50$399$14,818
326 ($449)$49$400$14,418
327 ($449)$48$401$14,016
328 ($449)$46$403$13,614
329 ($449)$45$404$13,210
330 ($449)$44$405$12,804
331 ($449)$42$407$12,398
332 ($449)$41$408$11,990
333 ($449)$40$409$11,580
334 ($449)$38$411$11,170
335 ($449)$37$412$10,757
336 ($449)$36$413$10,344
Year 29 - 337 ($449)$34$415$9,929
338 ($449)$33$416$9,513
339 ($449)$31$418$9,095
340 ($449)$30$419$8,676
341 ($449)$29$420$8,256
342 ($449)$27$422$7,834
343 ($449)$26$423$7,411
344 ($449)$25$425$6,987
345 ($449)$23$426$6,561
346 ($449)$22$427$6,133
347 ($449)$20$429$5,705
348 ($449)$19$430$5,274
Year 30 - 349 ($449)$17$432$4,843
350 ($449)$16$433$4,410
351 ($449)$15$434$3,975
352 ($449)$13$436$3,539
353 ($449)$12$437$3,102
354 ($449)$10$439$2,663
355 ($449)$9$440$2,223
356 ($449)$7$442$1,781
357 ($449)$6$443$1,338
358 ($449)$4$445$894
359 ($449)$3$446$448
360 ($449)$1$448$0
TOTALS$67,258$94,400$161,658

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.