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Mortgage Payment Schedule for a $120,000 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 August 17, 2017. Check LendingTree to see current rates from multiple lenders.

Mortgage Parameters


Less than 20% ($24,000) may require pre-mortgage insurance


3.89% is current rate for 30-year fixed
3.16% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$452 360 $66,811 $162,811

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $120,000
Down Payment $24,000$96,000
Year 1 - 1 ($452)$311$141$95,859
2 ($452)$311$142$95,717
3 ($452)$310$142$95,575
4 ($452)$310$142$95,433
5 ($452)$309$143$95,290
6 ($452)$309$143$95,147
7 ($452)$308$144$95,003
8 ($452)$308$144$94,859
9 ($452)$308$145$94,714
10 ($452)$307$145$94,569
11 ($452)$307$146$94,423
12 ($452)$306$146$94,277
Year 2 - 13 ($452)$306$147$94,130
14 ($452)$305$147$93,983
15 ($452)$305$148$93,836
16 ($452)$304$148$93,687
17 ($452)$304$149$93,539
18 ($452)$303$149$93,390
19 ($452)$303$150$93,240
20 ($452)$302$150$93,090
21 ($452)$302$150$92,940
22 ($452)$301$151$92,789
23 ($452)$301$151$92,637
24 ($452)$300$152$92,486
Year 3 - 25 ($452)$300$152$92,333
26 ($452)$299$153$92,180
27 ($452)$299$153$92,027
28 ($452)$298$154$91,873
29 ($452)$298$154$91,718
30 ($452)$297$155$91,563
31 ($452)$297$155$91,408
32 ($452)$296$156$91,252
33 ($452)$296$156$91,096
34 ($452)$295$157$90,939
35 ($452)$295$157$90,781
36 ($452)$294$158$90,623
Year 4 - 37 ($452)$294$158$90,465
38 ($452)$293$159$90,306
39 ($452)$293$160$90,146
40 ($452)$292$160$89,986
41 ($452)$292$161$89,826
42 ($452)$291$161$89,665
43 ($452)$291$162$89,503
44 ($452)$290$162$89,341
45 ($452)$290$163$89,178
46 ($452)$289$163$89,015
47 ($452)$289$164$88,851
48 ($452)$288$164$88,687
Year 5 - 49 ($452)$287$165$88,522
50 ($452)$287$165$88,357
51 ($452)$286$166$88,191
52 ($452)$286$166$88,025
53 ($452)$285$167$87,858
54 ($452)$285$167$87,691
55 ($452)$284$168$87,523
56 ($452)$284$169$87,354
57 ($452)$283$169$87,185
58 ($452)$283$170$87,015
59 ($452)$282$170$86,845
60 ($452)$282$171$86,674
Year 6 - 61 ($452)$281$171$86,503
62 ($452)$280$172$86,331
63 ($452)$280$172$86,159
64 ($452)$279$173$85,986
65 ($452)$279$174$85,812
66 ($452)$278$174$85,638
67 ($452)$278$175$85,464
68 ($452)$277$175$85,289
69 ($452)$276$176$85,113
70 ($452)$276$176$84,936
71 ($452)$275$177$84,759
72 ($452)$275$177$84,582
Year 7 - 73 ($452)$274$178$84,404
74 ($452)$274$179$84,225
75 ($452)$273$179$84,046
76 ($452)$272$180$83,866
77 ($452)$272$180$83,686
78 ($452)$271$181$83,505
79 ($452)$271$182$83,323
80 ($452)$270$182$83,141
81 ($452)$270$183$82,958
82 ($452)$269$183$82,775
83 ($452)$268$184$82,591
84 ($452)$268$185$82,407
Year 8 - 85 ($452)$267$185$82,222
86 ($452)$267$186$82,036
87 ($452)$266$186$81,850
88 ($452)$265$187$81,663
89 ($452)$265$188$81,475
90 ($452)$264$188$81,287
91 ($452)$264$189$81,098
92 ($452)$263$189$80,909
93 ($452)$262$190$80,719
94 ($452)$262$191$80,528
95 ($452)$261$191$80,337
96 ($452)$260$192$80,145
Year 9 - 97 ($452)$260$192$79,953
98 ($452)$259$193$79,760
99 ($452)$259$194$79,566
100 ($452)$258$194$79,372
101 ($452)$257$195$79,177
102 ($452)$257$196$78,981
103 ($452)$256$196$78,785
104 ($452)$255$197$78,588
105 ($452)$255$197$78,391
106 ($452)$254$198$78,192
107 ($452)$253$199$77,994
108 ($452)$253$199$77,794
Year 10 - 109 ($452)$252$200$77,594
110 ($452)$252$201$77,393
111 ($452)$251$201$77,192
112 ($452)$250$202$76,990
113 ($452)$250$203$76,787
114 ($452)$249$203$76,584
115 ($452)$248$204$76,380
116 ($452)$248$205$76,175
117 ($452)$247$205$75,970
118 ($452)$246$206$75,764
119 ($452)$246$207$75,558
120 ($452)$245$207$75,350
Year 11 - 121 ($452)$244$208$75,142
122 ($452)$244$209$74,934
123 ($452)$243$209$74,724
124 ($452)$242$210$74,514
125 ($452)$242$211$74,303
126 ($452)$241$211$74,092
127 ($452)$240$212$73,880
128 ($452)$239$213$73,667
129 ($452)$239$213$73,454
130 ($452)$238$214$73,240
131 ($452)$237$215$73,025
132 ($452)$237$216$72,809
Year 12 - 133 ($452)$236$216$72,593
134 ($452)$235$217$72,376
135 ($452)$235$218$72,159
136 ($452)$234$218$71,940
137 ($452)$233$219$71,721
138 ($452)$232$220$71,501
139 ($452)$232$220$71,281
140 ($452)$231$221$71,060
141 ($452)$230$222$70,838
142 ($452)$230$223$70,615
143 ($452)$229$223$70,392
144 ($452)$228$224$70,168
Year 13 - 145 ($452)$227$225$69,943
146 ($452)$227$226$69,717
147 ($452)$226$226$69,491
148 ($452)$225$227$69,264
149 ($452)$225$228$69,037
150 ($452)$224$228$68,808
151 ($452)$223$229$68,579
152 ($452)$222$230$68,349
153 ($452)$222$231$68,118
154 ($452)$221$231$67,887
155 ($452)$220$232$67,655
156 ($452)$219$233$67,422
Year 14 - 157 ($452)$219$234$67,188
158 ($452)$218$234$66,954
159 ($452)$217$235$66,718
160 ($452)$216$236$66,482
161 ($452)$216$237$66,246
162 ($452)$215$238$66,008
163 ($452)$214$238$65,770
164 ($452)$213$239$65,531
165 ($452)$212$240$65,291
166 ($452)$212$241$65,050
167 ($452)$211$241$64,809
168 ($452)$210$242$64,567
Year 15 - 169 ($452)$209$243$64,324
170 ($452)$209$244$64,080
171 ($452)$208$245$63,836
172 ($452)$207$245$63,590
173 ($452)$206$246$63,344
174 ($452)$205$247$63,097
175 ($452)$205$248$62,850
176 ($452)$204$249$62,601
177 ($452)$203$249$62,352
178 ($452)$202$250$62,102
179 ($452)$201$251$61,851
180 ($452)$200$252$61,599
Year 16 - 181 ($452)$200$253$61,346
182 ($452)$199$253$61,093
183 ($452)$198$254$60,839
184 ($452)$197$255$60,584
185 ($452)$196$256$60,328
186 ($452)$196$257$60,071
187 ($452)$195$258$59,814
188 ($452)$194$258$59,555
189 ($452)$193$259$59,296
190 ($452)$192$260$59,036
191 ($452)$191$261$58,775
192 ($452)$191$262$58,513
Year 17 - 193 ($452)$190$263$58,251
194 ($452)$189$263$57,987
195 ($452)$188$264$57,723
196 ($452)$187$265$57,458
197 ($452)$186$266$57,192
198 ($452)$185$267$56,925
199 ($452)$185$268$56,658
200 ($452)$184$269$56,389
201 ($452)$183$269$56,119
202 ($452)$182$270$55,849
203 ($452)$181$271$55,578
204 ($452)$180$272$55,306
Year 18 - 205 ($452)$179$273$55,033
206 ($452)$178$274$54,759
207 ($452)$178$275$54,484
208 ($452)$177$276$54,209
209 ($452)$176$277$53,932
210 ($452)$175$277$53,655
211 ($452)$174$278$53,376
212 ($452)$173$279$53,097
213 ($452)$172$280$52,817
214 ($452)$171$281$52,536
215 ($452)$170$282$52,254
216 ($452)$169$283$51,971
Year 19 - 217 ($452)$168$284$51,687
218 ($452)$168$285$51,403
219 ($452)$167$286$51,117
220 ($452)$166$287$50,831
221 ($452)$165$287$50,543
222 ($452)$164$288$50,255
223 ($452)$163$289$49,965
224 ($452)$162$290$49,675
225 ($452)$161$291$49,384
226 ($452)$160$292$49,092
227 ($452)$159$293$48,799
228 ($452)$158$294$48,504
Year 20 - 229 ($452)$157$295$48,209
230 ($452)$156$296$47,913
231 ($452)$155$297$47,617
232 ($452)$154$298$47,319
233 ($452)$153$299$47,020
234 ($452)$152$300$46,720
235 ($452)$151$301$46,419
236 ($452)$150$302$46,117
237 ($452)$149$303$45,815
238 ($452)$149$304$45,511
239 ($452)$148$305$45,206
240 ($452)$147$306$44,900
Year 21 - 241 ($452)$146$307$44,594
242 ($452)$145$308$44,286
243 ($452)$144$309$43,977
244 ($452)$143$310$43,668
245 ($452)$142$311$43,357
246 ($452)$141$312$43,045
247 ($452)$140$313$42,733
248 ($452)$139$314$42,419
249 ($452)$138$315$42,104
250 ($452)$136$316$41,788
251 ($452)$135$317$41,472
252 ($452)$134$318$41,154
Year 22 - 253 ($452)$133$319$40,835
254 ($452)$132$320$40,515
255 ($452)$131$321$40,194
256 ($452)$130$322$39,872
257 ($452)$129$323$39,549
258 ($452)$128$324$39,225
259 ($452)$127$325$38,900
260 ($452)$126$326$38,574
261 ($452)$125$327$38,247
262 ($452)$124$328$37,918
263 ($452)$123$329$37,589
264 ($452)$122$330$37,259
Year 23 - 265 ($452)$121$331$36,927
266 ($452)$120$333$36,595
267 ($452)$119$334$36,261
268 ($452)$118$335$35,926
269 ($452)$116$336$35,590
270 ($452)$115$337$35,254
271 ($452)$114$338$34,916
272 ($452)$113$339$34,577
273 ($452)$112$340$34,236
274 ($452)$111$341$33,895
275 ($452)$110$342$33,553
276 ($452)$109$343$33,209
Year 24 - 277 ($452)$108$345$32,865
278 ($452)$107$346$32,519
279 ($452)$105$347$32,172
280 ($452)$104$348$31,824
281 ($452)$103$349$31,475
282 ($452)$102$350$31,125
283 ($452)$101$351$30,774
284 ($452)$100$352$30,421
285 ($452)$99$354$30,067
286 ($452)$97$355$29,713
287 ($452)$96$356$29,357
288 ($452)$95$357$29,000
Year 25 - 289 ($452)$94$358$28,641
290 ($452)$93$359$28,282
291 ($452)$92$361$27,921
292 ($452)$91$362$27,560
293 ($452)$89$363$27,197
294 ($452)$88$364$26,833
295 ($452)$87$365$26,467
296 ($452)$86$366$26,101
297 ($452)$85$368$25,733
298 ($452)$83$369$25,364
299 ($452)$82$370$24,994
300 ($452)$81$371$24,623
Year 26 - 301 ($452)$80$372$24,251
302 ($452)$79$374$23,877
303 ($452)$77$375$23,502
304 ($452)$76$376$23,126
305 ($452)$75$377$22,749
306 ($452)$74$379$22,370
307 ($452)$73$380$21,991
308 ($452)$71$381$21,610
309 ($452)$70$382$21,227
310 ($452)$69$383$20,844
311 ($452)$68$385$20,459
312 ($452)$66$386$20,073
Year 27 - 313 ($452)$65$387$19,686
314 ($452)$64$388$19,298
315 ($452)$63$390$18,908
316 ($452)$61$391$18,517
317 ($452)$60$392$18,125
318 ($452)$59$393$17,731
319 ($452)$57$395$17,337
320 ($452)$56$396$16,941
321 ($452)$55$397$16,543
322 ($452)$54$399$16,145
323 ($452)$52$400$15,745
324 ($452)$51$401$15,344
Year 28 - 325 ($452)$50$403$14,941
326 ($452)$48$404$14,537
327 ($452)$47$405$14,132
328 ($452)$46$406$13,726
329 ($452)$44$408$13,318
330 ($452)$43$409$12,909
331 ($452)$42$410$12,498
332 ($452)$41$412$12,087
333 ($452)$39$413$11,674
334 ($452)$38$414$11,259
335 ($452)$36$416$10,843
336 ($452)$35$417$10,426
Year 29 - 337 ($452)$34$418$10,008
338 ($452)$32$420$9,588
339 ($452)$31$421$9,167
340 ($452)$30$423$8,744
341 ($452)$28$424$8,320
342 ($452)$27$425$7,895
343 ($452)$26$427$7,469
344 ($452)$24$428$7,040
345 ($452)$23$429$6,611
346 ($452)$21$431$6,180
347 ($452)$20$432$5,748
348 ($452)$19$434$5,314
Year 30 - 349 ($452)$17$435$4,879
350 ($452)$16$436$4,443
351 ($452)$14$438$4,005
352 ($452)$13$439$3,566
353 ($452)$12$441$3,125
354 ($452)$10$442$2,683
355 ($452)$9$444$2,239
356 ($452)$7$445$1,794
357 ($452)$6$446$1,348
358 ($452)$4$448$900
359 ($452)$3$449$451
360 ($452)$1$451$0
TOTALS$66,811$96,000$162,811

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.