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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 July 27, 2017. Check LendingTree to see current rates from multiple lenders.

Mortgage Parameters


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


3.92% is current rate for 30-year fixed
3.2% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$446 360 $66,281 $160,681

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $118,000
Down Payment $23,600$94,400
Year 1 - 1 ($446)$308$138$94,262
2 ($446)$308$138$94,124
3 ($446)$307$139$93,985
4 ($446)$307$139$93,845
5 ($446)$307$140$93,706
6 ($446)$306$140$93,565
7 ($446)$306$141$93,425
8 ($446)$305$141$93,284
9 ($446)$305$142$93,142
10 ($446)$304$142$93,000
11 ($446)$304$143$92,857
12 ($446)$303$143$92,714
Year 2 - 13 ($446)$303$143$92,571
14 ($446)$302$144$92,427
15 ($446)$302$144$92,283
16 ($446)$301$145$92,138
17 ($446)$301$145$91,992
18 ($446)$301$146$91,846
19 ($446)$300$146$91,700
20 ($446)$300$147$91,553
21 ($446)$299$147$91,406
22 ($446)$299$148$91,258
23 ($446)$298$148$91,110
24 ($446)$298$149$90,961
Year 3 - 25 ($446)$297$149$90,812
26 ($446)$297$150$90,663
27 ($446)$296$150$90,512
28 ($446)$296$151$90,362
29 ($446)$295$151$90,211
30 ($446)$295$152$90,059
31 ($446)$294$152$89,907
32 ($446)$294$153$89,754
33 ($446)$293$153$89,601
34 ($446)$293$154$89,447
35 ($446)$292$154$89,293
36 ($446)$292$155$89,139
Year 4 - 37 ($446)$291$155$88,983
38 ($446)$291$156$88,828
39 ($446)$290$156$88,672
40 ($446)$290$157$88,515
41 ($446)$289$157$88,358
42 ($446)$289$158$88,200
43 ($446)$288$158$88,042
44 ($446)$288$159$87,883
45 ($446)$287$159$87,724
46 ($446)$287$160$87,564
47 ($446)$286$160$87,404
48 ($446)$286$161$87,243
Year 5 - 49 ($446)$285$161$87,082
50 ($446)$284$162$86,920
51 ($446)$284$162$86,757
52 ($446)$283$163$86,594
53 ($446)$283$163$86,431
54 ($446)$282$164$86,267
55 ($446)$282$165$86,102
56 ($446)$281$165$85,937
57 ($446)$281$166$85,772
58 ($446)$280$166$85,606
59 ($446)$280$167$85,439
60 ($446)$279$167$85,272
Year 6 - 61 ($446)$279$168$85,104
62 ($446)$278$168$84,936
63 ($446)$277$169$84,767
64 ($446)$277$169$84,597
65 ($446)$276$170$84,427
66 ($446)$276$171$84,257
67 ($446)$275$171$84,086
68 ($446)$275$172$83,914
69 ($446)$274$172$83,742
70 ($446)$274$173$83,569
71 ($446)$273$173$83,396
72 ($446)$272$174$83,222
Year 7 - 73 ($446)$272$174$83,047
74 ($446)$271$175$82,872
75 ($446)$271$176$82,697
76 ($446)$270$176$82,520
77 ($446)$270$177$82,344
78 ($446)$269$177$82,166
79 ($446)$268$178$81,988
80 ($446)$268$179$81,810
81 ($446)$267$179$81,631
82 ($446)$267$180$81,451
83 ($446)$266$180$81,271
84 ($446)$265$181$81,090
Year 8 - 85 ($446)$265$181$80,908
86 ($446)$264$182$80,726
87 ($446)$264$183$80,544
88 ($446)$263$183$80,361
89 ($446)$263$184$80,177
90 ($446)$262$184$79,992
91 ($446)$261$185$79,807
92 ($446)$261$186$79,622
93 ($446)$260$186$79,435
94 ($446)$259$187$79,249
95 ($446)$259$187$79,061
96 ($446)$258$188$78,873
Year 9 - 97 ($446)$258$189$78,684
98 ($446)$257$189$78,495
99 ($446)$256$190$78,305
100 ($446)$256$191$78,115
101 ($446)$255$191$77,923
102 ($446)$255$192$77,732
103 ($446)$254$192$77,539
104 ($446)$253$193$77,346
105 ($446)$253$194$77,153
106 ($446)$252$194$76,958
107 ($446)$251$195$76,763
108 ($446)$251$196$76,568
Year 10 - 109 ($446)$250$196$76,371
110 ($446)$249$197$76,175
111 ($446)$249$198$75,977
112 ($446)$248$198$75,779
113 ($446)$248$199$75,580
114 ($446)$247$199$75,381
115 ($446)$246$200$75,181
116 ($446)$246$201$74,980
117 ($446)$245$201$74,778
118 ($446)$244$202$74,576
119 ($446)$244$203$74,374
120 ($446)$243$203$74,170
Year 11 - 121 ($446)$242$204$73,966
122 ($446)$242$205$73,762
123 ($446)$241$205$73,556
124 ($446)$240$206$73,350
125 ($446)$240$207$73,143
126 ($446)$239$207$72,936
127 ($446)$238$208$72,728
128 ($446)$238$209$72,519
129 ($446)$237$209$72,310
130 ($446)$236$210$72,100
131 ($446)$236$211$71,889
132 ($446)$235$212$71,677
Year 12 - 133 ($446)$234$212$71,465
134 ($446)$233$213$71,252
135 ($446)$233$214$71,039
136 ($446)$232$214$70,824
137 ($446)$231$215$70,609
138 ($446)$231$216$70,394
139 ($446)$230$216$70,177
140 ($446)$229$217$69,960
141 ($446)$229$218$69,742
142 ($446)$228$219$69,524
143 ($446)$227$219$69,305
144 ($446)$226$220$69,085
Year 13 - 145 ($446)$226$221$68,864
146 ($446)$225$221$68,643
147 ($446)$224$222$68,421
148 ($446)$224$223$68,198
149 ($446)$223$224$67,974
150 ($446)$222$224$67,750
151 ($446)$221$225$67,525
152 ($446)$221$226$67,299
153 ($446)$220$226$67,073
154 ($446)$219$227$66,845
155 ($446)$218$228$66,617
156 ($446)$218$229$66,389
Year 14 - 157 ($446)$217$229$66,159
158 ($446)$216$230$65,929
159 ($446)$215$231$65,698
160 ($446)$215$232$65,466
161 ($446)$214$232$65,234
162 ($446)$213$233$65,001
163 ($446)$212$234$64,767
164 ($446)$212$235$64,532
165 ($446)$211$236$64,296
166 ($446)$210$236$64,060
167 ($446)$209$237$63,823
168 ($446)$208$238$63,585
Year 15 - 169 ($446)$208$239$63,346
170 ($446)$207$239$63,107
171 ($446)$206$240$62,867
172 ($446)$205$241$62,626
173 ($446)$205$242$62,384
174 ($446)$204$243$62,142
175 ($446)$203$243$61,898
176 ($446)$202$244$61,654
177 ($446)$201$245$61,409
178 ($446)$201$246$61,163
179 ($446)$200$247$60,917
180 ($446)$199$247$60,670
Year 16 - 181 ($446)$198$248$60,421
182 ($446)$197$249$60,172
183 ($446)$197$250$59,923
184 ($446)$196$251$59,672
185 ($446)$195$251$59,421
186 ($446)$194$252$59,168
187 ($446)$193$253$58,915
188 ($446)$192$254$58,662
189 ($446)$192$255$58,407
190 ($446)$191$256$58,151
191 ($446)$190$256$57,895
192 ($446)$189$257$57,638
Year 17 - 193 ($446)$188$258$57,380
194 ($446)$187$259$57,121
195 ($446)$187$260$56,861
196 ($446)$186$261$56,600
197 ($446)$185$261$56,339
198 ($446)$184$262$56,077
199 ($446)$183$263$55,814
200 ($446)$182$264$55,549
201 ($446)$181$265$55,285
202 ($446)$181$266$55,019
203 ($446)$180$267$54,752
204 ($446)$179$267$54,485
Year 18 - 205 ($446)$178$268$54,216
206 ($446)$177$269$53,947
207 ($446)$176$270$53,677
208 ($446)$175$271$53,406
209 ($446)$174$272$53,134
210 ($446)$174$273$52,861
211 ($446)$173$274$52,588
212 ($446)$172$275$52,313
213 ($446)$171$275$52,038
214 ($446)$170$276$51,761
215 ($446)$169$277$51,484
216 ($446)$168$278$51,206
Year 19 - 217 ($446)$167$279$50,927
218 ($446)$166$280$50,647
219 ($446)$165$281$50,366
220 ($446)$165$282$50,084
221 ($446)$164$283$49,802
222 ($446)$163$284$49,518
223 ($446)$162$285$49,233
224 ($446)$161$286$48,948
225 ($446)$160$286$48,661
226 ($446)$159$287$48,374
227 ($446)$158$288$48,086
228 ($446)$157$289$47,796
Year 20 - 229 ($446)$156$290$47,506
230 ($446)$155$291$47,215
231 ($446)$154$292$46,923
232 ($446)$153$293$46,630
233 ($446)$152$294$46,336
234 ($446)$151$295$46,041
235 ($446)$150$296$45,745
236 ($446)$149$297$45,448
237 ($446)$148$298$45,150
238 ($446)$147$299$44,851
239 ($446)$147$300$44,552
240 ($446)$146$301$44,251
Year 21 - 241 ($446)$145$302$43,949
242 ($446)$144$303$43,646
243 ($446)$143$304$43,342
244 ($446)$142$305$43,038
245 ($446)$141$306$42,732
246 ($446)$140$307$42,425
247 ($446)$139$308$42,117
248 ($446)$138$309$41,809
249 ($446)$137$310$41,499
250 ($446)$136$311$41,188
251 ($446)$135$312$40,876
252 ($446)$134$313$40,564
Year 22 - 253 ($446)$133$314$40,250
254 ($446)$131$315$39,935
255 ($446)$130$316$39,619
256 ($446)$129$317$39,302
257 ($446)$128$318$38,984
258 ($446)$127$319$38,665
259 ($446)$126$320$38,345
260 ($446)$125$321$38,024
261 ($446)$124$322$37,702
262 ($446)$123$323$37,379
263 ($446)$122$324$37,055
264 ($446)$121$325$36,729
Year 23 - 265 ($446)$120$326$36,403
266 ($446)$119$327$36,075
267 ($446)$118$328$35,747
268 ($446)$117$330$35,417
269 ($446)$116$331$35,087
270 ($446)$115$332$34,755
271 ($446)$114$333$34,422
272 ($446)$112$334$34,088
273 ($446)$111$335$33,753
274 ($446)$110$336$33,417
275 ($446)$109$337$33,080
276 ($446)$108$338$32,742
Year 24 - 277 ($446)$107$339$32,402
278 ($446)$106$340$32,062
279 ($446)$105$342$31,720
280 ($446)$104$343$31,378
281 ($446)$103$344$31,034
282 ($446)$101$345$30,689
283 ($446)$100$346$30,343
284 ($446)$99$347$29,996
285 ($446)$98$348$29,647
286 ($446)$97$349$29,298
287 ($446)$96$351$28,947
288 ($446)$95$352$28,595
Year 25 - 289 ($446)$93$353$28,242
290 ($446)$92$354$27,888
291 ($446)$91$355$27,533
292 ($446)$90$356$27,177
293 ($446)$89$358$26,819
294 ($446)$88$359$26,460
295 ($446)$86$360$26,100
296 ($446)$85$361$25,739
297 ($446)$84$362$25,377
298 ($446)$83$363$25,014
299 ($446)$82$365$24,649
300 ($446)$81$366$24,283
Year 26 - 301 ($446)$79$367$23,916
302 ($446)$78$368$23,548
303 ($446)$77$369$23,179
304 ($446)$76$371$22,808
305 ($446)$75$372$22,436
306 ($446)$73$373$22,063
307 ($446)$72$374$21,689
308 ($446)$71$375$21,313
309 ($446)$70$377$20,937
310 ($446)$68$378$20,559
311 ($446)$67$379$20,180
312 ($446)$66$380$19,799
Year 27 - 313 ($446)$65$382$19,417
314 ($446)$63$383$19,035
315 ($446)$62$384$18,650
316 ($446)$61$385$18,265
317 ($446)$60$387$17,878
318 ($446)$58$388$17,490
319 ($446)$57$389$17,101
320 ($446)$56$390$16,711
321 ($446)$55$392$16,319
322 ($446)$53$393$15,926
323 ($446)$52$394$15,532
324 ($446)$51$396$15,136
Year 28 - 325 ($446)$49$397$14,739
326 ($446)$48$398$14,341
327 ($446)$47$399$13,941
328 ($446)$46$401$13,541
329 ($446)$44$402$13,139
330 ($446)$43$403$12,735
331 ($446)$42$405$12,330
332 ($446)$40$406$11,924
333 ($446)$39$407$11,517
334 ($446)$38$409$11,108
335 ($446)$36$410$10,698
336 ($446)$35$411$10,287
Year 29 - 337 ($446)$34$413$9,874
338 ($446)$32$414$9,460
339 ($446)$31$415$9,045
340 ($446)$30$417$8,628
341 ($446)$28$418$8,210
342 ($446)$27$420$7,790
343 ($446)$25$421$7,369
344 ($446)$24$422$6,947
345 ($446)$23$424$6,523
346 ($446)$21$425$6,098
347 ($446)$20$426$5,672
348 ($446)$19$428$5,244
Year 30 - 349 ($446)$17$429$4,815
350 ($446)$16$431$4,384
351 ($446)$14$432$3,952
352 ($446)$13$433$3,519
353 ($446)$11$435$3,084
354 ($446)$10$436$2,648
355 ($446)$9$438$2,210
356 ($446)$7$439$1,771
357 ($446)$6$441$1,330
358 ($446)$4$442$888
359 ($446)$3$443$445
360 ($446)$1$445$0
TOTALS$66,281$94,400$160,681

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.