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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 September 21, 2017. 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


3.83% is current rate for 30-year fixed
3.13% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$441 360 $64,532 $158,932

Mortgage Providers

Choose a lender below and lock in your estimated payment of $1,169 or less (zip code: 20149)


NMLS #: 66247 Cardinal Financial | State Lic #: MC-1825
$1,158 /mo
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30 yr fixed mtg, 0 points | APR: 3.772% | Rate: 3.750% | Fees: $675 | 30 day rate lock

NMLS #: 67717
$1,194 /mo
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30 yr fixed mtg, 0 points | APR: 4.000% | Rate: 4.000% | Fees: $0 | 30 day rate lock

NMLS #: 790396
$1,176 /mo
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30 yr fixed mtg, 0 points | APR: 3.875% | Rate: 3.875% | Fees: $0 | 30 day rate lock

NMLS #: 7706
$1,176 /mo
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30 yr fixed mtg, 0 points | APR: 3.875% | Rate: 3.875% | Fees: $0 | 30 day rate lock

$1,194 /mo
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30 yr fixed mtg, 0 points | APR: 4.029% | Rate: 4.000% | Fees: $870 | 45 day rate lock
Important information about our rate tables
The listings that appear on this page are from companies from which this website and Bankrate may receive compensation, which may impact how, where and in what order products appear. These listings do not include all companies or all available products. Neither Bankrate nor this website endorses or recommends any companies or products.


Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $118,000
Down Payment $23,600$94,400
Year 1 - 1 ($441)$301$140$94,260
2 ($441)$301$141$94,119
3 ($441)$300$141$93,978
4 ($441)$300$142$93,837
5 ($441)$299$142$93,695
6 ($441)$299$142$93,552
7 ($441)$299$143$93,409
8 ($441)$298$143$93,266
9 ($441)$298$144$93,122
10 ($441)$297$144$92,978
11 ($441)$297$145$92,833
12 ($441)$296$145$92,688
Year 2 - 13 ($441)$296$146$92,542
14 ($441)$295$146$92,396
15 ($441)$295$147$92,250
16 ($441)$294$147$92,103
17 ($441)$294$148$91,955
18 ($441)$293$148$91,807
19 ($441)$293$148$91,659
20 ($441)$293$149$91,510
21 ($441)$292$149$91,360
22 ($441)$292$150$91,210
23 ($441)$291$150$91,060
24 ($441)$291$151$90,909
Year 3 - 25 ($441)$290$151$90,758
26 ($441)$290$152$90,606
27 ($441)$289$152$90,454
28 ($441)$289$153$90,301
29 ($441)$288$153$90,148
30 ($441)$288$154$89,994
31 ($441)$287$154$89,840
32 ($441)$287$155$89,685
33 ($441)$286$155$89,530
34 ($441)$286$156$89,374
35 ($441)$285$156$89,218
36 ($441)$285$157$89,061
Year 4 - 37 ($441)$284$157$88,904
38 ($441)$284$158$88,746
39 ($441)$283$158$88,588
40 ($441)$283$159$88,429
41 ($441)$282$159$88,270
42 ($441)$282$160$88,110
43 ($441)$281$160$87,950
44 ($441)$281$161$87,789
45 ($441)$280$161$87,628
46 ($441)$280$162$87,466
47 ($441)$279$162$87,304
48 ($441)$279$163$87,141
Year 5 - 49 ($441)$278$163$86,978
50 ($441)$278$164$86,814
51 ($441)$277$164$86,649
52 ($441)$277$165$86,484
53 ($441)$276$165$86,319
54 ($441)$276$166$86,153
55 ($441)$275$167$85,986
56 ($441)$274$167$85,819
57 ($441)$274$168$85,652
58 ($441)$273$168$85,484
59 ($441)$273$169$85,315
60 ($441)$272$169$85,146
Year 6 - 61 ($441)$272$170$84,976
62 ($441)$271$170$84,806
63 ($441)$271$171$84,635
64 ($441)$270$171$84,464
65 ($441)$270$172$84,292
66 ($441)$269$172$84,119
67 ($441)$268$173$83,946
68 ($441)$268$174$83,773
69 ($441)$267$174$83,599
70 ($441)$267$175$83,424
71 ($441)$266$175$83,249
72 ($441)$266$176$83,073
Year 7 - 73 ($441)$265$176$82,897
74 ($441)$265$177$82,720
75 ($441)$264$177$82,542
76 ($441)$263$178$82,364
77 ($441)$263$179$82,186
78 ($441)$262$179$82,007
79 ($441)$262$180$81,827
80 ($441)$261$180$81,647
81 ($441)$261$181$81,466
82 ($441)$260$181$81,284
83 ($441)$259$182$81,102
84 ($441)$259$183$80,919
Year 8 - 85 ($441)$258$183$80,736
86 ($441)$258$184$80,552
87 ($441)$257$184$80,368
88 ($441)$257$185$80,183
89 ($441)$256$186$79,998
90 ($441)$255$186$79,811
91 ($441)$255$187$79,625
92 ($441)$254$187$79,437
93 ($441)$254$188$79,249
94 ($441)$253$189$79,061
95 ($441)$252$189$78,872
96 ($441)$252$190$78,682
Year 9 - 97 ($441)$251$190$78,492
98 ($441)$251$191$78,301
99 ($441)$250$192$78,109
100 ($441)$249$192$77,917
101 ($441)$249$193$77,724
102 ($441)$248$193$77,531
103 ($441)$247$194$77,337
104 ($441)$247$195$77,142
105 ($441)$246$195$76,947
106 ($441)$246$196$76,751
107 ($441)$245$197$76,554
108 ($441)$244$197$76,357
Year 10 - 109 ($441)$244$198$76,159
110 ($441)$243$198$75,961
111 ($441)$242$199$75,762
112 ($441)$242$200$75,562
113 ($441)$241$200$75,362
114 ($441)$241$201$75,161
115 ($441)$240$202$74,960
116 ($441)$239$202$74,757
117 ($441)$239$203$74,554
118 ($441)$238$204$74,351
119 ($441)$237$204$74,147
120 ($441)$237$205$73,942
Year 11 - 121 ($441)$236$205$73,736
122 ($441)$235$206$73,530
123 ($441)$235$207$73,323
124 ($441)$234$207$73,116
125 ($441)$233$208$72,908
126 ($441)$233$209$72,699
127 ($441)$232$209$72,490
128 ($441)$231$210$72,280
129 ($441)$231$211$72,069
130 ($441)$230$211$71,857
131 ($441)$229$212$71,645
132 ($441)$229$213$71,432
Year 12 - 133 ($441)$228$213$71,219
134 ($441)$227$214$71,005
135 ($441)$227$215$70,790
136 ($441)$226$216$70,574
137 ($441)$225$216$70,358
138 ($441)$225$217$70,141
139 ($441)$224$218$69,924
140 ($441)$223$218$69,705
141 ($441)$222$219$69,486
142 ($441)$222$220$69,267
143 ($441)$221$220$69,046
144 ($441)$220$221$68,825
Year 13 - 145 ($441)$220$222$68,603
146 ($441)$219$223$68,381
147 ($441)$218$223$68,158
148 ($441)$218$224$67,934
149 ($441)$217$225$67,709
150 ($441)$216$225$67,484
151 ($441)$215$226$67,257
152 ($441)$215$227$67,031
153 ($441)$214$228$66,803
154 ($441)$213$228$66,575
155 ($441)$212$229$66,346
156 ($441)$212$230$66,116
Year 14 - 157 ($441)$211$230$65,886
158 ($441)$210$231$65,654
159 ($441)$210$232$65,423
160 ($441)$209$233$65,190
161 ($441)$208$233$64,956
162 ($441)$207$234$64,722
163 ($441)$207$235$64,487
164 ($441)$206$236$64,252
165 ($441)$205$236$64,015
166 ($441)$204$237$63,778
167 ($441)$204$238$63,540
168 ($441)$203$239$63,302
Year 15 - 169 ($441)$202$239$63,062
170 ($441)$201$240$62,822
171 ($441)$201$241$62,581
172 ($441)$200$242$62,339
173 ($441)$199$243$62,097
174 ($441)$198$243$61,853
175 ($441)$197$244$61,609
176 ($441)$197$245$61,365
177 ($441)$196$246$61,119
178 ($441)$195$246$60,872
179 ($441)$194$247$60,625
180 ($441)$193$248$60,377
Year 16 - 181 ($441)$193$249$60,129
182 ($441)$192$250$59,879
183 ($441)$191$250$59,629
184 ($441)$190$251$59,377
185 ($441)$190$252$59,125
186 ($441)$189$253$58,873
187 ($441)$188$254$58,619
188 ($441)$187$254$58,365
189 ($441)$186$255$58,110
190 ($441)$185$256$57,854
191 ($441)$185$257$57,597
192 ($441)$184$258$57,339
Year 17 - 193 ($441)$183$258$57,081
194 ($441)$182$259$56,821
195 ($441)$181$260$56,561
196 ($441)$181$261$56,300
197 ($441)$180$262$56,038
198 ($441)$179$263$55,776
199 ($441)$178$263$55,512
200 ($441)$177$264$55,248
201 ($441)$176$265$54,983
202 ($441)$175$266$54,717
203 ($441)$175$267$54,450
204 ($441)$174$268$54,182
Year 18 - 205 ($441)$173$269$53,914
206 ($441)$172$269$53,644
207 ($441)$171$270$53,374
208 ($441)$170$271$53,103
209 ($441)$169$272$52,831
210 ($441)$169$273$52,558
211 ($441)$168$274$52,284
212 ($441)$167$275$52,010
213 ($441)$166$275$51,734
214 ($441)$165$276$51,458
215 ($441)$164$277$51,181
216 ($441)$163$278$50,903
Year 19 - 217 ($441)$162$279$50,624
218 ($441)$162$280$50,344
219 ($441)$161$281$50,063
220 ($441)$160$282$49,781
221 ($441)$159$283$49,499
222 ($441)$158$283$49,215
223 ($441)$157$284$48,931
224 ($441)$156$285$48,645
225 ($441)$155$286$48,359
226 ($441)$154$287$48,072
227 ($441)$153$288$47,784
228 ($441)$153$289$47,495
Year 20 - 229 ($441)$152$290$47,205
230 ($441)$151$291$46,914
231 ($441)$150$292$46,623
232 ($441)$149$293$46,330
233 ($441)$148$294$46,036
234 ($441)$147$295$45,742
235 ($441)$146$295$45,446
236 ($441)$145$296$45,150
237 ($441)$144$297$44,853
238 ($441)$143$298$44,554
239 ($441)$142$299$44,255
240 ($441)$141$300$43,955
Year 21 - 241 ($441)$140$301$43,654
242 ($441)$139$302$43,351
243 ($441)$138$303$43,048
244 ($441)$137$304$42,744
245 ($441)$136$305$42,439
246 ($441)$135$306$42,133
247 ($441)$134$307$41,826
248 ($441)$133$308$41,518
249 ($441)$133$309$41,209
250 ($441)$132$310$40,899
251 ($441)$131$311$40,588
252 ($441)$130$312$40,276
Year 22 - 253 ($441)$129$313$39,963
254 ($441)$128$314$39,649
255 ($441)$127$315$39,335
256 ($441)$126$316$39,019
257 ($441)$125$317$38,702
258 ($441)$124$318$38,384
259 ($441)$123$319$38,065
260 ($441)$121$320$37,745
261 ($441)$120$321$37,424
262 ($441)$119$322$37,102
263 ($441)$118$323$36,779
264 ($441)$117$324$36,455
Year 23 - 265 ($441)$116$325$36,129
266 ($441)$115$326$35,803
267 ($441)$114$327$35,476
268 ($441)$113$328$35,148
269 ($441)$112$329$34,819
270 ($441)$111$330$34,488
271 ($441)$110$331$34,157
272 ($441)$109$332$33,824
273 ($441)$108$334$33,491
274 ($441)$107$335$33,156
275 ($441)$106$336$32,821
276 ($441)$105$337$32,484
Year 24 - 277 ($441)$104$338$32,146
278 ($441)$103$339$31,807
279 ($441)$102$340$31,467
280 ($441)$100$341$31,126
281 ($441)$99$342$30,784
282 ($441)$98$343$30,441
283 ($441)$97$344$30,096
284 ($441)$96$345$29,751
285 ($441)$95$347$29,405
286 ($441)$94$348$29,057
287 ($441)$93$349$28,708
288 ($441)$92$350$28,358
Year 25 - 289 ($441)$91$351$28,007
290 ($441)$89$352$27,655
291 ($441)$88$353$27,302
292 ($441)$87$354$26,948
293 ($441)$86$355$26,592
294 ($441)$85$357$26,236
295 ($441)$84$358$25,878
296 ($441)$83$359$25,519
297 ($441)$81$360$25,159
298 ($441)$80$361$24,798
299 ($441)$79$362$24,435
300 ($441)$78$363$24,072
Year 26 - 301 ($441)$77$365$23,707
302 ($441)$76$366$23,342
303 ($441)$74$367$22,975
304 ($441)$73$368$22,606
305 ($441)$72$369$22,237
306 ($441)$71$371$21,867
307 ($441)$70$372$21,495
308 ($441)$69$373$21,122
309 ($441)$67$374$20,748
310 ($441)$66$375$20,373
311 ($441)$65$376$19,996
312 ($441)$64$378$19,619
Year 27 - 313 ($441)$63$379$19,240
314 ($441)$61$380$18,860
315 ($441)$60$381$18,478
316 ($441)$59$383$18,096
317 ($441)$58$384$17,712
318 ($441)$57$385$17,327
319 ($441)$55$386$16,941
320 ($441)$54$387$16,554
321 ($441)$53$389$16,165
322 ($441)$52$390$15,775
323 ($441)$50$391$15,384
324 ($441)$49$392$14,992
Year 28 - 325 ($441)$48$394$14,598
326 ($441)$47$395$14,203
327 ($441)$45$396$13,807
328 ($441)$44$397$13,409
329 ($441)$43$399$13,011
330 ($441)$42$400$12,611
331 ($441)$40$401$12,210
332 ($441)$39$403$11,807
333 ($441)$38$404$11,403
334 ($441)$36$405$10,998
335 ($441)$35$406$10,592
336 ($441)$34$408$10,184
Year 29 - 337 ($441)$33$409$9,775
338 ($441)$31$410$9,365
339 ($441)$30$412$8,953
340 ($441)$29$413$8,540
341 ($441)$27$414$8,126
342 ($441)$26$416$7,711
343 ($441)$25$417$7,294
344 ($441)$23$418$6,876
345 ($441)$22$420$6,456
346 ($441)$21$421$6,035
347 ($441)$19$422$5,613
348 ($441)$18$424$5,189
Year 30 - 349 ($441)$17$425$4,765
350 ($441)$15$426$4,338
351 ($441)$14$428$3,911
352 ($441)$12$429$3,482
353 ($441)$11$430$3,051
354 ($441)$10$432$2,620
355 ($441)$8$433$2,186
356 ($441)$7$434$1,752
357 ($441)$6$436$1,316
358 ($441)$4$437$879
359 ($441)$3$439$440
360 ($441)$1$440$0
TOTALS$64,532$94,400$158,932

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.