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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 May 18, 2017. Check Lending Tree to see current rates from multiple lenders.

Mortgage Parameters


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


4.02% is current rate for 30-year fixed
3.27% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$452 360 $68,237 $162,637

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $118,000
Down Payment $23,600$94,400
Year 1 - 1 ($452)$316$136$94,264
2 ($452)$316$136$94,128
3 ($452)$315$136$93,992
4 ($452)$315$137$93,855
5 ($452)$314$137$93,718
6 ($452)$314$138$93,580
7 ($452)$313$138$93,442
8 ($452)$313$139$93,303
9 ($452)$313$139$93,164
10 ($452)$312$140$93,024
11 ($452)$312$140$92,884
12 ($452)$311$141$92,743
Year 2 - 13 ($452)$311$141$92,602
14 ($452)$310$142$92,461
15 ($452)$310$142$92,319
16 ($452)$309$143$92,176
17 ($452)$309$143$92,033
18 ($452)$308$143$91,890
19 ($452)$308$144$91,746
20 ($452)$307$144$91,601
21 ($452)$307$145$91,456
22 ($452)$306$145$91,311
23 ($452)$306$146$91,165
24 ($452)$305$146$91,019
Year 3 - 25 ($452)$305$147$90,872
26 ($452)$304$147$90,725
27 ($452)$304$148$90,577
28 ($452)$303$148$90,428
29 ($452)$303$149$90,280
30 ($452)$302$149$90,130
31 ($452)$302$150$89,980
32 ($452)$301$150$89,830
33 ($452)$301$151$89,679
34 ($452)$300$151$89,528
35 ($452)$300$152$89,376
36 ($452)$299$152$89,224
Year 4 - 37 ($452)$299$153$89,071
38 ($452)$298$153$88,917
39 ($452)$298$154$88,764
40 ($452)$297$154$88,609
41 ($452)$297$155$88,454
42 ($452)$296$155$88,299
43 ($452)$296$156$88,143
44 ($452)$295$156$87,986
45 ($452)$295$157$87,829
46 ($452)$294$158$87,672
47 ($452)$294$158$87,514
48 ($452)$293$159$87,355
Year 5 - 49 ($452)$293$159$87,196
50 ($452)$292$160$87,036
51 ($452)$292$160$86,876
52 ($452)$291$161$86,715
53 ($452)$290$161$86,554
54 ($452)$290$162$86,392
55 ($452)$289$162$86,230
56 ($452)$289$163$86,067
57 ($452)$288$163$85,904
58 ($452)$288$164$85,740
59 ($452)$287$165$85,575
60 ($452)$287$165$85,410
Year 6 - 61 ($452)$286$166$85,244
62 ($452)$286$166$85,078
63 ($452)$285$167$84,911
64 ($452)$284$167$84,744
65 ($452)$284$168$84,576
66 ($452)$283$168$84,408
67 ($452)$283$169$84,239
68 ($452)$282$170$84,069
69 ($452)$282$170$83,899
70 ($452)$281$171$83,728
71 ($452)$280$171$83,557
72 ($452)$280$172$83,385
Year 7 - 73 ($452)$279$172$83,213
74 ($452)$279$173$83,040
75 ($452)$278$174$82,866
76 ($452)$278$174$82,692
77 ($452)$277$175$82,517
78 ($452)$276$175$82,342
79 ($452)$276$176$82,166
80 ($452)$275$177$81,990
81 ($452)$275$177$81,812
82 ($452)$274$178$81,635
83 ($452)$273$178$81,456
84 ($452)$273$179$81,278
Year 8 - 85 ($452)$272$179$81,098
86 ($452)$272$180$80,918
87 ($452)$271$181$80,737
88 ($452)$270$181$80,556
89 ($452)$270$182$80,374
90 ($452)$269$183$80,192
91 ($452)$269$183$80,008
92 ($452)$268$184$79,825
93 ($452)$267$184$79,640
94 ($452)$267$185$79,455
95 ($452)$266$186$79,270
96 ($452)$266$186$79,084
Year 9 - 97 ($452)$265$187$78,897
98 ($452)$264$187$78,709
99 ($452)$264$188$78,521
100 ($452)$263$189$78,332
101 ($452)$262$189$78,143
102 ($452)$262$190$77,953
103 ($452)$261$191$77,762
104 ($452)$261$191$77,571
105 ($452)$260$192$77,379
106 ($452)$259$193$77,187
107 ($452)$259$193$76,994
108 ($452)$258$194$76,800
Year 10 - 109 ($452)$257$194$76,605
110 ($452)$257$195$76,410
111 ($452)$256$196$76,214
112 ($452)$255$196$76,018
113 ($452)$255$197$75,821
114 ($452)$254$198$75,623
115 ($452)$253$198$75,424
116 ($452)$253$199$75,225
117 ($452)$252$200$75,026
118 ($452)$251$200$74,825
119 ($452)$251$201$74,624
120 ($452)$250$202$74,422
Year 11 - 121 ($452)$249$202$74,220
122 ($452)$249$203$74,017
123 ($452)$248$204$73,813
124 ($452)$247$204$73,608
125 ($452)$247$205$73,403
126 ($452)$246$206$73,197
127 ($452)$245$207$72,991
128 ($452)$245$207$72,784
129 ($452)$244$208$72,576
130 ($452)$243$209$72,367
131 ($452)$242$209$72,158
132 ($452)$242$210$71,948
Year 12 - 133 ($452)$241$211$71,737
134 ($452)$240$211$71,525
135 ($452)$240$212$71,313
136 ($452)$239$213$71,100
137 ($452)$238$214$70,887
138 ($452)$237$214$70,672
139 ($452)$237$215$70,457
140 ($452)$236$216$70,242
141 ($452)$235$216$70,025
142 ($452)$235$217$69,808
143 ($452)$234$218$69,590
144 ($452)$233$219$69,372
Year 13 - 145 ($452)$232$219$69,152
146 ($452)$232$220$68,932
147 ($452)$231$221$68,711
148 ($452)$230$222$68,490
149 ($452)$229$222$68,267
150 ($452)$229$223$68,044
151 ($452)$228$224$67,820
152 ($452)$227$225$67,596
153 ($452)$226$225$67,370
154 ($452)$226$226$67,144
155 ($452)$225$227$66,918
156 ($452)$224$228$66,690
Year 14 - 157 ($452)$223$228$66,462
158 ($452)$223$229$66,232
159 ($452)$222$230$66,003
160 ($452)$221$231$65,772
161 ($452)$220$231$65,541
162 ($452)$220$232$65,308
163 ($452)$219$233$65,075
164 ($452)$218$234$64,842
165 ($452)$217$235$64,607
166 ($452)$216$235$64,372
167 ($452)$216$236$64,136
168 ($452)$215$237$63,899
Year 15 - 169 ($452)$214$238$63,661
170 ($452)$213$239$63,422
171 ($452)$212$239$63,183
172 ($452)$212$240$62,943
173 ($452)$211$241$62,702
174 ($452)$210$242$62,460
175 ($452)$209$243$62,218
176 ($452)$208$243$61,975
177 ($452)$208$244$61,730
178 ($452)$207$245$61,485
179 ($452)$206$246$61,240
180 ($452)$205$247$60,993
Year 16 - 181 ($452)$204$247$60,746
182 ($452)$203$248$60,497
183 ($452)$203$249$60,248
184 ($452)$202$250$59,998
185 ($452)$201$251$59,747
186 ($452)$200$252$59,496
187 ($452)$199$252$59,243
188 ($452)$198$253$58,990
189 ($452)$198$254$58,736
190 ($452)$197$255$58,481
191 ($452)$196$256$58,225
192 ($452)$195$257$57,968
Year 17 - 193 ($452)$194$258$57,711
194 ($452)$193$258$57,452
195 ($452)$192$259$57,193
196 ($452)$192$260$56,933
197 ($452)$191$261$56,672
198 ($452)$190$262$56,410
199 ($452)$189$263$56,147
200 ($452)$188$264$55,883
201 ($452)$187$265$55,619
202 ($452)$186$265$55,353
203 ($452)$185$266$55,087
204 ($452)$185$267$54,820
Year 18 - 205 ($452)$184$268$54,552
206 ($452)$183$269$54,283
207 ($452)$182$270$54,013
208 ($452)$181$271$53,742
209 ($452)$180$272$53,470
210 ($452)$179$273$53,198
211 ($452)$178$274$52,924
212 ($452)$177$274$52,650
213 ($452)$176$275$52,374
214 ($452)$175$276$52,098
215 ($452)$175$277$51,821
216 ($452)$174$278$51,542
Year 19 - 217 ($452)$173$279$51,263
218 ($452)$172$280$50,983
219 ($452)$171$281$50,702
220 ($452)$170$282$50,420
221 ($452)$169$283$50,138
222 ($452)$168$284$49,854
223 ($452)$167$285$49,569
224 ($452)$166$286$49,283
225 ($452)$165$287$48,997
226 ($452)$164$288$48,709
227 ($452)$163$289$48,420
228 ($452)$162$290$48,131
Year 20 - 229 ($452)$161$291$47,840
230 ($452)$160$292$47,549
231 ($452)$159$292$47,256
232 ($452)$158$293$46,963
233 ($452)$157$294$46,668
234 ($452)$156$295$46,373
235 ($452)$155$296$46,077
236 ($452)$154$297$45,779
237 ($452)$153$298$45,481
238 ($452)$152$299$45,181
239 ($452)$151$300$44,881
240 ($452)$150$301$44,579
Year 21 - 241 ($452)$149$302$44,277
242 ($452)$148$303$43,974
243 ($452)$147$304$43,669
244 ($452)$146$305$43,364
245 ($452)$145$307$43,057
246 ($452)$144$308$42,750
247 ($452)$143$309$42,441
248 ($452)$142$310$42,131
249 ($452)$141$311$41,821
250 ($452)$140$312$41,509
251 ($452)$139$313$41,196
252 ($452)$138$314$40,883
Year 22 - 253 ($452)$137$315$40,568
254 ($452)$136$316$40,252
255 ($452)$135$317$39,935
256 ($452)$134$318$39,617
257 ($452)$133$319$39,298
258 ($452)$132$320$38,978
259 ($452)$131$321$38,657
260 ($452)$130$322$38,334
261 ($452)$128$323$38,011
262 ($452)$127$324$37,687
263 ($452)$126$326$37,361
264 ($452)$125$327$37,035
Year 23 - 265 ($452)$124$328$36,707
266 ($452)$123$329$36,378
267 ($452)$122$330$36,048
268 ($452)$121$331$35,717
269 ($452)$120$332$35,385
270 ($452)$119$333$35,052
271 ($452)$117$334$34,717
272 ($452)$116$335$34,382
273 ($452)$115$337$34,045
274 ($452)$114$338$33,708
275 ($452)$113$339$33,369
276 ($452)$112$340$33,029
Year 24 - 277 ($452)$111$341$32,688
278 ($452)$110$342$32,345
279 ($452)$108$343$32,002
280 ($452)$107$345$31,657
281 ($452)$106$346$31,312
282 ($452)$105$347$30,965
283 ($452)$104$348$30,617
284 ($452)$103$349$30,268
285 ($452)$101$350$29,917
286 ($452)$100$352$29,566
287 ($452)$99$353$29,213
288 ($452)$98$354$28,859
Year 25 - 289 ($452)$97$355$28,504
290 ($452)$95$356$28,148
291 ($452)$94$357$27,790
292 ($452)$93$359$27,432
293 ($452)$92$360$27,072
294 ($452)$91$361$26,711
295 ($452)$89$362$26,348
296 ($452)$88$364$25,985
297 ($452)$87$365$25,620
298 ($452)$86$366$25,254
299 ($452)$85$367$24,887
300 ($452)$83$368$24,519
Year 26 - 301 ($452)$82$370$24,149
302 ($452)$81$371$23,778
303 ($452)$80$372$23,406
304 ($452)$78$373$23,033
305 ($452)$77$375$22,658
306 ($452)$76$376$22,282
307 ($452)$75$377$21,905
308 ($452)$73$378$21,527
309 ($452)$72$380$21,147
310 ($452)$71$381$20,766
311 ($452)$70$382$20,384
312 ($452)$68$383$20,000
Year 27 - 313 ($452)$67$385$19,616
314 ($452)$66$386$19,230
315 ($452)$64$387$18,842
316 ($452)$63$389$18,454
317 ($452)$62$390$18,064
318 ($452)$61$391$17,672
319 ($452)$59$393$17,280
320 ($452)$58$394$16,886
321 ($452)$57$395$16,491
322 ($452)$55$397$16,094
323 ($452)$54$398$15,696
324 ($452)$53$399$15,297
Year 28 - 325 ($452)$51$401$14,897
326 ($452)$50$402$14,495
327 ($452)$49$403$14,092
328 ($452)$47$405$13,687
329 ($452)$46$406$13,281
330 ($452)$44$407$12,874
331 ($452)$43$409$12,465
332 ($452)$42$410$12,055
333 ($452)$40$411$11,644
334 ($452)$39$413$11,231
335 ($452)$38$414$10,817
336 ($452)$36$416$10,401
Year 29 - 337 ($452)$35$417$9,984
338 ($452)$33$418$9,566
339 ($452)$32$420$9,146
340 ($452)$31$421$8,725
341 ($452)$29$423$8,303
342 ($452)$28$424$7,879
343 ($452)$26$425$7,453
344 ($452)$25$427$7,027
345 ($452)$24$428$6,598
346 ($452)$22$430$6,169
347 ($452)$21$431$5,738
348 ($452)$19$433$5,305
Year 30 - 349 ($452)$18$434$4,871
350 ($452)$16$435$4,436
351 ($452)$15$437$3,999
352 ($452)$13$438$3,560
353 ($452)$12$440$3,120
354 ($452)$10$441$2,679
355 ($452)$9$443$2,236
356 ($452)$7$444$1,792
357 ($452)$6$446$1,346
358 ($452)$5$447$899
359 ($452)$3$449$450
360 ($452)$2$450$0
TOTALS$68,237$94,400$162,637

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.