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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 June 15, 2017. Check Lending Tree to see current rates from multiple lenders.

Mortgage Parameters


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


3.91% is current rate for 30-year fixed
3.18% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$446 360 $66,086 $160,486

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $118,000
Down Payment $23,600$94,400
Year 1 - 1 ($446)$308$138$94,262
2 ($446)$307$139$94,123
3 ($446)$307$139$93,984
4 ($446)$306$140$93,844
5 ($446)$306$140$93,704
6 ($446)$305$140$93,564
7 ($446)$305$141$93,423
8 ($446)$304$141$93,282
9 ($446)$304$142$93,140
10 ($446)$303$142$92,997
11 ($446)$303$143$92,855
12 ($446)$303$143$92,711
Year 2 - 13 ($446)$302$144$92,568
14 ($446)$302$144$92,424
15 ($446)$301$145$92,279
16 ($446)$301$145$92,134
17 ($446)$300$146$91,988
18 ($446)$300$146$91,842
19 ($446)$299$147$91,696
20 ($446)$299$147$91,549
21 ($446)$298$148$91,401
22 ($446)$298$148$91,253
23 ($446)$297$148$91,105
24 ($446)$297$149$90,956
Year 3 - 25 ($446)$296$149$90,806
26 ($446)$296$150$90,656
27 ($446)$295$150$90,506
28 ($446)$295$151$90,355
29 ($446)$294$151$90,204
30 ($446)$294$152$90,052
31 ($446)$293$152$89,899
32 ($446)$293$153$89,746
33 ($446)$292$153$89,593
34 ($446)$292$154$89,439
35 ($446)$291$154$89,285
36 ($446)$291$155$89,130
Year 4 - 37 ($446)$290$155$88,975
38 ($446)$290$156$88,819
39 ($446)$289$156$88,662
40 ($446)$289$157$88,505
41 ($446)$288$157$88,348
42 ($446)$288$158$88,190
43 ($446)$287$158$88,032
44 ($446)$287$159$87,873
45 ($446)$286$159$87,713
46 ($446)$286$160$87,553
47 ($446)$285$161$87,393
48 ($446)$285$161$87,232
Year 5 - 49 ($446)$284$162$87,070
50 ($446)$284$162$86,908
51 ($446)$283$163$86,745
52 ($446)$283$163$86,582
53 ($446)$282$164$86,419
54 ($446)$282$164$86,254
55 ($446)$281$165$86,090
56 ($446)$281$165$85,924
57 ($446)$280$166$85,758
58 ($446)$279$166$85,592
59 ($446)$279$167$85,425
60 ($446)$278$167$85,258
Year 6 - 61 ($446)$278$168$85,090
62 ($446)$277$169$84,921
63 ($446)$277$169$84,752
64 ($446)$276$170$84,582
65 ($446)$276$170$84,412
66 ($446)$275$171$84,242
67 ($446)$274$171$84,070
68 ($446)$274$172$83,898
69 ($446)$273$172$83,726
70 ($446)$273$173$83,553
71 ($446)$272$174$83,379
72 ($446)$272$174$83,205
Year 7 - 73 ($446)$271$175$83,031
74 ($446)$271$175$82,855
75 ($446)$270$176$82,679
76 ($446)$269$176$82,503
77 ($446)$269$177$82,326
78 ($446)$268$178$82,149
79 ($446)$268$178$81,970
80 ($446)$267$179$81,792
81 ($446)$267$179$81,612
82 ($446)$266$180$81,433
83 ($446)$265$180$81,252
84 ($446)$265$181$81,071
Year 8 - 85 ($446)$264$182$80,889
86 ($446)$264$182$80,707
87 ($446)$263$183$80,524
88 ($446)$262$183$80,341
89 ($446)$262$184$80,157
90 ($446)$261$185$79,972
91 ($446)$261$185$79,787
92 ($446)$260$186$79,601
93 ($446)$259$186$79,415
94 ($446)$259$187$79,228
95 ($446)$258$188$79,040
96 ($446)$258$188$78,852
Year 9 - 97 ($446)$257$189$78,663
98 ($446)$256$189$78,474
99 ($446)$256$190$78,283
100 ($446)$255$191$78,093
101 ($446)$254$191$77,901
102 ($446)$254$192$77,709
103 ($446)$253$193$77,517
104 ($446)$253$193$77,324
105 ($446)$252$194$77,130
106 ($446)$251$194$76,935
107 ($446)$251$195$76,740
108 ($446)$250$196$76,544
Year 10 - 109 ($446)$249$196$76,348
110 ($446)$249$197$76,151
111 ($446)$248$198$75,953
112 ($446)$247$198$75,755
113 ($446)$247$199$75,556
114 ($446)$246$200$75,356
115 ($446)$246$200$75,156
116 ($446)$245$201$74,955
117 ($446)$244$202$74,754
118 ($446)$244$202$74,551
119 ($446)$243$203$74,349
120 ($446)$242$204$74,145
Year 11 - 121 ($446)$242$204$73,941
122 ($446)$241$205$73,736
123 ($446)$240$206$73,530
124 ($446)$240$206$73,324
125 ($446)$239$207$73,117
126 ($446)$238$208$72,910
127 ($446)$238$208$72,702
128 ($446)$237$209$72,493
129 ($446)$236$210$72,283
130 ($446)$236$210$72,073
131 ($446)$235$211$71,862
132 ($446)$234$212$71,650
Year 12 - 133 ($446)$233$212$71,438
134 ($446)$233$213$71,225
135 ($446)$232$214$71,011
136 ($446)$231$214$70,797
137 ($446)$231$215$70,582
138 ($446)$230$216$70,366
139 ($446)$229$217$70,149
140 ($446)$229$217$69,932
141 ($446)$228$218$69,714
142 ($446)$227$219$69,495
143 ($446)$226$219$69,276
144 ($446)$226$220$69,056
Year 13 - 145 ($446)$225$221$68,835
146 ($446)$224$222$68,614
147 ($446)$224$222$68,391
148 ($446)$223$223$68,168
149 ($446)$222$224$67,945
150 ($446)$221$224$67,720
151 ($446)$221$225$67,495
152 ($446)$220$226$67,269
153 ($446)$219$227$67,043
154 ($446)$218$227$66,815
155 ($446)$218$228$66,587
156 ($446)$217$229$66,358
Year 14 - 157 ($446)$216$230$66,129
158 ($446)$215$230$65,899
159 ($446)$215$231$65,668
160 ($446)$214$232$65,436
161 ($446)$213$233$65,203
162 ($446)$212$233$64,970
163 ($446)$212$234$64,736
164 ($446)$211$235$64,501
165 ($446)$210$236$64,265
166 ($446)$209$236$64,029
167 ($446)$209$237$63,792
168 ($446)$208$238$63,554
Year 15 - 169 ($446)$207$239$63,315
170 ($446)$206$239$63,075
171 ($446)$206$240$62,835
172 ($446)$205$241$62,594
173 ($446)$204$242$62,352
174 ($446)$203$243$62,110
175 ($446)$202$243$61,866
176 ($446)$202$244$61,622
177 ($446)$201$245$61,377
178 ($446)$200$246$61,131
179 ($446)$199$247$60,885
180 ($446)$198$247$60,637
Year 16 - 181 ($446)$198$248$60,389
182 ($446)$197$249$60,140
183 ($446)$196$250$59,890
184 ($446)$195$251$59,639
185 ($446)$194$251$59,388
186 ($446)$194$252$59,136
187 ($446)$193$253$58,883
188 ($446)$192$254$58,629
189 ($446)$191$255$58,374
190 ($446)$190$256$58,118
191 ($446)$189$256$57,862
192 ($446)$189$257$57,605
Year 17 - 193 ($446)$188$258$57,346
194 ($446)$187$259$57,088
195 ($446)$186$260$56,828
196 ($446)$185$261$56,567
197 ($446)$184$261$56,306
198 ($446)$183$262$56,043
199 ($446)$183$263$55,780
200 ($446)$182$264$55,516
201 ($446)$181$265$55,251
202 ($446)$180$266$54,985
203 ($446)$179$267$54,719
204 ($446)$178$268$54,451
Year 18 - 205 ($446)$177$268$54,183
206 ($446)$177$269$53,914
207 ($446)$176$270$53,643
208 ($446)$175$271$53,372
209 ($446)$174$272$53,101
210 ($446)$173$273$52,828
211 ($446)$172$274$52,554
212 ($446)$171$275$52,280
213 ($446)$170$275$52,004
214 ($446)$169$276$51,728
215 ($446)$169$277$51,451
216 ($446)$168$278$51,172
Year 19 - 217 ($446)$167$279$50,893
218 ($446)$166$280$50,613
219 ($446)$165$281$50,332
220 ($446)$164$282$50,051
221 ($446)$163$283$49,768
222 ($446)$162$284$49,484
223 ($446)$161$285$49,200
224 ($446)$160$285$48,914
225 ($446)$159$286$48,628
226 ($446)$158$287$48,341
227 ($446)$158$288$48,052
228 ($446)$157$289$47,763
Year 20 - 229 ($446)$156$290$47,473
230 ($446)$155$291$47,182
231 ($446)$154$292$46,890
232 ($446)$153$293$46,597
233 ($446)$152$294$46,303
234 ($446)$151$295$46,008
235 ($446)$150$296$45,712
236 ($446)$149$297$45,415
237 ($446)$148$298$45,117
238 ($446)$147$299$44,818
239 ($446)$146$300$44,519
240 ($446)$145$301$44,218
Year 21 - 241 ($446)$144$302$43,916
242 ($446)$143$303$43,613
243 ($446)$142$304$43,310
244 ($446)$141$305$43,005
245 ($446)$140$306$42,699
246 ($446)$139$307$42,393
247 ($446)$138$308$42,085
248 ($446)$137$309$41,776
249 ($446)$136$310$41,467
250 ($446)$135$311$41,156
251 ($446)$134$312$40,844
252 ($446)$133$313$40,532
Year 22 - 253 ($446)$132$314$40,218
254 ($446)$131$315$39,903
255 ($446)$130$316$39,587
256 ($446)$129$317$39,271
257 ($446)$128$318$38,953
258 ($446)$127$319$38,634
259 ($446)$126$320$38,314
260 ($446)$125$321$37,993
261 ($446)$124$322$37,671
262 ($446)$123$323$37,348
263 ($446)$122$324$37,024
264 ($446)$121$325$36,699
Year 23 - 265 ($446)$120$326$36,372
266 ($446)$119$327$36,045
267 ($446)$117$328$35,717
268 ($446)$116$329$35,387
269 ($446)$115$330$35,057
270 ($446)$114$332$34,725
271 ($446)$113$333$34,393
272 ($446)$112$334$34,059
273 ($446)$111$335$33,724
274 ($446)$110$336$33,388
275 ($446)$109$337$33,051
276 ($446)$108$338$32,713
Year 24 - 277 ($446)$107$339$32,374
278 ($446)$105$340$32,034
279 ($446)$104$341$31,692
280 ($446)$103$343$31,350
281 ($446)$102$344$31,006
282 ($446)$101$345$30,661
283 ($446)$100$346$30,315
284 ($446)$99$347$29,968
285 ($446)$98$348$29,620
286 ($446)$97$349$29,271
287 ($446)$95$350$28,921
288 ($446)$94$352$28,569
Year 25 - 289 ($446)$93$353$28,216
290 ($446)$92$354$27,862
291 ($446)$91$355$27,507
292 ($446)$90$356$27,151
293 ($446)$88$357$26,794
294 ($446)$87$358$26,435
295 ($446)$86$360$26,076
296 ($446)$85$361$25,715
297 ($446)$84$362$25,353
298 ($446)$83$363$24,990
299 ($446)$81$364$24,625
300 ($446)$80$366$24,260
Year 26 - 301 ($446)$79$367$23,893
302 ($446)$78$368$23,525
303 ($446)$77$369$23,156
304 ($446)$75$370$22,786
305 ($446)$74$372$22,414
306 ($446)$73$373$22,041
307 ($446)$72$374$21,667
308 ($446)$71$375$21,292
309 ($446)$69$376$20,916
310 ($446)$68$378$20,538
311 ($446)$67$379$20,159
312 ($446)$66$380$19,779
Year 27 - 313 ($446)$64$381$19,398
314 ($446)$63$383$19,015
315 ($446)$62$384$18,631
316 ($446)$61$385$18,246
317 ($446)$59$386$17,860
318 ($446)$58$388$17,472
319 ($446)$57$389$17,083
320 ($446)$56$390$16,693
321 ($446)$54$391$16,302
322 ($446)$53$393$15,909
323 ($446)$52$394$15,515
324 ($446)$51$395$15,120
Year 28 - 325 ($446)$49$397$14,723
326 ($446)$48$398$14,326
327 ($446)$47$399$13,926
328 ($446)$45$400$13,526
329 ($446)$44$402$13,124
330 ($446)$43$403$12,721
331 ($446)$41$404$12,317
332 ($446)$40$406$11,911
333 ($446)$39$407$11,504
334 ($446)$37$408$11,096
335 ($446)$36$410$10,686
336 ($446)$35$411$10,275
Year 29 - 337 ($446)$33$412$9,863
338 ($446)$32$414$9,449
339 ($446)$31$415$9,034
340 ($446)$29$416$8,618
341 ($446)$28$418$8,200
342 ($446)$27$419$7,781
343 ($446)$25$420$7,361
344 ($446)$24$422$6,939
345 ($446)$23$423$6,516
346 ($446)$21$425$6,091
347 ($446)$20$426$5,665
348 ($446)$18$427$5,238
Year 30 - 349 ($446)$17$429$4,809
350 ($446)$16$430$4,379
351 ($446)$14$432$3,948
352 ($446)$13$433$3,515
353 ($446)$11$434$3,080
354 ($446)$10$436$2,645
355 ($446)$9$437$2,207
356 ($446)$7$439$1,769
357 ($446)$6$440$1,329
358 ($446)$4$441$887
359 ($446)$3$443$444
360 ($446)$1$444$0
TOTALS$66,086$94,400$160,486

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.