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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 October 19, 2017. Check LendingTree to see current rates from multiple lenders or view the mortgage providers listed below.

Mortgage Parameters


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


3.88% is current rate for 30-year fixed
3.19% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$452 360 $66,613 $162,613

Mortgage Providers

Choose a lender below and lock in your estimated payment of $1,176 or less (zip code: 20149)


NMLS #: 1023
$1,158 /mo
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30 yr fixed mtg, 0 points | APR: 3.750% | Rate: 3.750% | Fees: $0 | 45 day rate lock

$1,158 /mo
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30 yr fixed mtg, 0 points | APR: 3.778% | Rate: 3.750% | Fees: $860 | 30 day rate lock

NMLS #: 3232 | State Lic #: MC-1532
$1,176 /mo
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30 yr fixed mtg, 0 points | APR: 3.875% | Rate: 3.875% | Fees: $0 | 40 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 #: 417490
$1,192 /mo
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30 yr fixed mtg, 0 points | APR: 3.999% | Rate: 3.990% | Fees: $270 | 30 day rate lock

NMLS #: 181005
$1,192 /mo
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30 yr fixed mtg, 0 points | APR: 4.019% | Rate: 3.990% | 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  $120,000
Down Payment $24,000$96,000
Year 1 - 1 ($452)$310$141$95,859
2 ($452)$310$142$95,717
3 ($452)$309$142$95,575
4 ($452)$309$143$95,432
5 ($452)$309$143$95,289
6 ($452)$308$144$95,145
7 ($452)$308$144$95,001
8 ($452)$307$145$94,857
9 ($452)$307$145$94,712
10 ($452)$306$145$94,566
11 ($452)$306$146$94,420
12 ($452)$305$146$94,274
Year 2 - 13 ($452)$305$147$94,127
14 ($452)$304$147$93,980
15 ($452)$304$148$93,832
16 ($452)$303$148$93,684
17 ($452)$303$149$93,535
18 ($452)$302$149$93,385
19 ($452)$302$150$93,236
20 ($452)$301$150$93,085
21 ($452)$301$151$92,935
22 ($452)$300$151$92,784
23 ($452)$300$152$92,632
24 ($452)$300$152$92,480
Year 3 - 25 ($452)$299$153$92,327
26 ($452)$299$153$92,174
27 ($452)$298$154$92,020
28 ($452)$298$154$91,866
29 ($452)$297$155$91,711
30 ($452)$297$155$91,556
31 ($452)$296$156$91,400
32 ($452)$296$156$91,244
33 ($452)$295$157$91,088
34 ($452)$295$157$90,930
35 ($452)$294$158$90,773
36 ($452)$293$158$90,614
Year 4 - 37 ($452)$293$159$90,456
38 ($452)$292$159$90,297
39 ($452)$292$160$90,137
40 ($452)$291$160$89,977
41 ($452)$291$161$89,816
42 ($452)$290$161$89,654
43 ($452)$290$162$89,493
44 ($452)$289$162$89,330
45 ($452)$289$163$89,167
46 ($452)$288$163$89,004
47 ($452)$288$164$88,840
48 ($452)$287$164$88,676
Year 5 - 49 ($452)$287$165$88,511
50 ($452)$286$166$88,345
51 ($452)$286$166$88,179
52 ($452)$285$167$88,012
53 ($452)$285$167$87,845
54 ($452)$284$168$87,678
55 ($452)$283$168$87,509
56 ($452)$283$169$87,341
57 ($452)$282$169$87,171
58 ($452)$282$170$87,002
59 ($452)$281$170$86,831
60 ($452)$281$171$86,660
Year 6 - 61 ($452)$280$172$86,489
62 ($452)$280$172$86,317
63 ($452)$279$173$86,144
64 ($452)$279$173$85,971
65 ($452)$278$174$85,797
66 ($452)$277$174$85,623
67 ($452)$277$175$85,448
68 ($452)$276$175$85,273
69 ($452)$276$176$85,097
70 ($452)$275$177$84,920
71 ($452)$275$177$84,743
72 ($452)$274$178$84,565
Year 7 - 73 ($452)$273$178$84,387
74 ($452)$273$179$84,208
75 ($452)$272$179$84,029
76 ($452)$272$180$83,849
77 ($452)$271$181$83,668
78 ($452)$271$181$83,487
79 ($452)$270$182$83,305
80 ($452)$269$182$83,123
81 ($452)$269$183$82,940
82 ($452)$268$184$82,756
83 ($452)$268$184$82,572
84 ($452)$267$185$82,387
Year 8 - 85 ($452)$266$185$82,202
86 ($452)$266$186$82,016
87 ($452)$265$187$81,830
88 ($452)$265$187$81,643
89 ($452)$264$188$81,455
90 ($452)$263$188$81,267
91 ($452)$263$189$81,078
92 ($452)$262$190$80,888
93 ($452)$262$190$80,698
94 ($452)$261$191$80,507
95 ($452)$260$191$80,316
96 ($452)$260$192$80,124
Year 9 - 97 ($452)$259$193$79,931
98 ($452)$258$193$79,738
99 ($452)$258$194$79,544
100 ($452)$257$195$79,349
101 ($452)$257$195$79,154
102 ($452)$256$196$78,959
103 ($452)$255$196$78,762
104 ($452)$255$197$78,565
105 ($452)$254$198$78,367
106 ($452)$253$198$78,169
107 ($452)$253$199$77,970
108 ($452)$252$200$77,771
Year 10 - 109 ($452)$251$200$77,570
110 ($452)$251$201$77,369
111 ($452)$250$202$77,168
112 ($452)$250$202$76,966
113 ($452)$249$203$76,763
114 ($452)$248$204$76,559
115 ($452)$248$204$76,355
116 ($452)$247$205$76,150
117 ($452)$246$205$75,945
118 ($452)$246$206$75,739
119 ($452)$245$207$75,532
120 ($452)$244$207$75,324
Year 11 - 121 ($452)$244$208$75,116
122 ($452)$243$209$74,907
123 ($452)$242$210$74,698
124 ($452)$242$210$74,488
125 ($452)$241$211$74,277
126 ($452)$240$212$74,065
127 ($452)$239$212$73,853
128 ($452)$239$213$73,640
129 ($452)$238$214$73,427
130 ($452)$237$214$73,212
131 ($452)$237$215$72,997
132 ($452)$236$216$72,782
Year 12 - 133 ($452)$235$216$72,565
134 ($452)$235$217$72,348
135 ($452)$234$218$72,130
136 ($452)$233$218$71,912
137 ($452)$233$219$71,693
138 ($452)$232$220$71,473
139 ($452)$231$221$71,252
140 ($452)$230$221$71,031
141 ($452)$230$222$70,809
142 ($452)$229$223$70,586
143 ($452)$228$223$70,363
144 ($452)$228$224$70,138
Year 13 - 145 ($452)$227$225$69,914
146 ($452)$226$226$69,688
147 ($452)$225$226$69,462
148 ($452)$225$227$69,234
149 ($452)$224$228$69,007
150 ($452)$223$229$68,778
151 ($452)$222$229$68,549
152 ($452)$222$230$68,319
153 ($452)$221$231$68,088
154 ($452)$220$232$67,856
155 ($452)$219$232$67,624
156 ($452)$219$233$67,391
Year 14 - 157 ($452)$218$234$67,157
158 ($452)$217$235$66,923
159 ($452)$216$235$66,687
160 ($452)$216$236$66,451
161 ($452)$215$237$66,214
162 ($452)$214$238$65,977
163 ($452)$213$238$65,738
164 ($452)$213$239$65,499
165 ($452)$212$240$65,259
166 ($452)$211$241$65,019
167 ($452)$210$241$64,777
168 ($452)$209$242$64,535
Year 15 - 169 ($452)$209$243$64,292
170 ($452)$208$244$64,048
171 ($452)$207$245$63,803
172 ($452)$206$245$63,558
173 ($452)$206$246$63,312
174 ($452)$205$247$63,065
175 ($452)$204$248$62,817
176 ($452)$203$249$62,568
177 ($452)$202$249$62,319
178 ($452)$201$250$62,069
179 ($452)$201$251$61,818
180 ($452)$200$252$61,566
Year 16 - 181 ($452)$199$253$61,313
182 ($452)$198$253$61,060
183 ($452)$197$254$60,806
184 ($452)$197$255$60,550
185 ($452)$196$256$60,295
186 ($452)$195$257$60,038
187 ($452)$194$258$59,780
188 ($452)$193$258$59,522
189 ($452)$192$259$59,263
190 ($452)$192$260$59,002
191 ($452)$191$261$58,742
192 ($452)$190$262$58,480
Year 17 - 193 ($452)$189$263$58,217
194 ($452)$188$263$57,954
195 ($452)$187$264$57,689
196 ($452)$187$265$57,424
197 ($452)$186$266$57,158
198 ($452)$185$267$56,891
199 ($452)$184$268$56,623
200 ($452)$183$269$56,355
201 ($452)$182$269$56,085
202 ($452)$181$270$55,815
203 ($452)$180$271$55,544
204 ($452)$180$272$55,272
Year 18 - 205 ($452)$179$273$54,999
206 ($452)$178$274$54,725
207 ($452)$177$275$54,450
208 ($452)$176$276$54,174
209 ($452)$175$277$53,898
210 ($452)$174$277$53,620
211 ($452)$173$278$53,342
212 ($452)$172$279$53,063
213 ($452)$172$280$52,783
214 ($452)$171$281$52,502
215 ($452)$170$282$52,220
216 ($452)$169$283$51,937
Year 19 - 217 ($452)$168$284$51,653
218 ($452)$167$285$51,368
219 ($452)$166$286$51,083
220 ($452)$165$287$50,796
221 ($452)$164$287$50,509
222 ($452)$163$288$50,220
223 ($452)$162$289$49,931
224 ($452)$161$290$49,641
225 ($452)$161$291$49,350
226 ($452)$160$292$49,058
227 ($452)$159$293$48,764
228 ($452)$158$294$48,470
Year 20 - 229 ($452)$157$295$48,175
230 ($452)$156$296$47,879
231 ($452)$155$297$47,583
232 ($452)$154$298$47,285
233 ($452)$153$299$46,986
234 ($452)$152$300$46,686
235 ($452)$151$301$46,385
236 ($452)$150$302$46,084
237 ($452)$149$303$45,781
238 ($452)$148$304$45,477
239 ($452)$147$305$45,173
240 ($452)$146$306$44,867
Year 21 - 241 ($452)$145$307$44,560
242 ($452)$144$308$44,253
243 ($452)$143$309$43,944
244 ($452)$142$310$43,635
245 ($452)$141$311$43,324
246 ($452)$140$312$43,012
247 ($452)$139$313$42,700
248 ($452)$138$314$42,386
249 ($452)$137$315$42,071
250 ($452)$136$316$41,756
251 ($452)$135$317$41,439
252 ($452)$134$318$41,121
Year 22 - 253 ($452)$133$319$40,803
254 ($452)$132$320$40,483
255 ($452)$131$321$40,162
256 ($452)$130$322$39,840
257 ($452)$129$323$39,517
258 ($452)$128$324$39,193
259 ($452)$127$325$38,868
260 ($452)$126$326$38,542
261 ($452)$125$327$38,215
262 ($452)$124$328$37,887
263 ($452)$123$329$37,558
264 ($452)$121$330$37,228
Year 23 - 265 ($452)$120$331$36,896
266 ($452)$119$332$36,564
267 ($452)$118$333$36,230
268 ($452)$117$335$35,896
269 ($452)$116$336$35,560
270 ($452)$115$337$35,223
271 ($452)$114$338$34,886
272 ($452)$113$339$34,547
273 ($452)$112$340$34,207
274 ($452)$111$341$33,866
275 ($452)$109$342$33,523
276 ($452)$108$343$33,180
Year 24 - 277 ($452)$107$344$32,836
278 ($452)$106$346$32,490
279 ($452)$105$347$32,144
280 ($452)$104$348$31,796
281 ($452)$103$349$31,447
282 ($452)$102$350$31,097
283 ($452)$101$351$30,746
284 ($452)$99$352$30,393
285 ($452)$98$353$30,040
286 ($452)$97$355$29,685
287 ($452)$96$356$29,330
288 ($452)$95$357$28,973
Year 25 - 289 ($452)$94$358$28,615
290 ($452)$93$359$28,256
291 ($452)$91$360$27,895
292 ($452)$90$362$27,534
293 ($452)$89$363$27,171
294 ($452)$88$364$26,807
295 ($452)$87$365$26,442
296 ($452)$85$366$26,076
297 ($452)$84$367$25,709
298 ($452)$83$369$25,340
299 ($452)$82$370$24,970
300 ($452)$81$371$24,599
Year 26 - 301 ($452)$80$372$24,227
302 ($452)$78$373$23,854
303 ($452)$77$375$23,479
304 ($452)$76$376$23,103
305 ($452)$75$377$22,726
306 ($452)$73$378$22,348
307 ($452)$72$379$21,969
308 ($452)$71$381$21,588
309 ($452)$70$382$21,206
310 ($452)$69$383$20,823
311 ($452)$67$384$20,439
312 ($452)$66$386$20,053
Year 27 - 313 ($452)$65$387$19,666
314 ($452)$64$388$19,278
315 ($452)$62$389$18,889
316 ($452)$61$391$18,498
317 ($452)$60$392$18,106
318 ($452)$59$393$17,713
319 ($452)$57$394$17,319
320 ($452)$56$396$16,923
321 ($452)$55$397$16,526
322 ($452)$53$398$16,128
323 ($452)$52$400$15,728
324 ($452)$51$401$15,327
Year 28 - 325 ($452)$50$402$14,925
326 ($452)$48$403$14,522
327 ($452)$47$405$14,117
328 ($452)$46$406$13,711
329 ($452)$44$407$13,303
330 ($452)$43$409$12,895
331 ($452)$42$410$12,485
332 ($452)$40$411$12,073
333 ($452)$39$413$11,661
334 ($452)$38$414$11,247
335 ($452)$36$415$10,831
336 ($452)$35$417$10,415
Year 29 - 337 ($452)$34$418$9,997
338 ($452)$32$419$9,577
339 ($452)$31$421$9,157
340 ($452)$30$422$8,734
341 ($452)$28$423$8,311
342 ($452)$27$425$7,886
343 ($452)$25$426$7,460
344 ($452)$24$428$7,032
345 ($452)$23$429$6,603
346 ($452)$21$430$6,173
347 ($452)$20$432$5,741
348 ($452)$19$433$5,308
Year 30 - 349 ($452)$17$435$4,874
350 ($452)$16$436$4,438
351 ($452)$14$437$4,000
352 ($452)$13$439$3,562
353 ($452)$12$440$3,121
354 ($452)$10$442$2,680
355 ($452)$9$443$2,237
356 ($452)$7$444$1,792
357 ($452)$6$446$1,346
358 ($452)$4$447$899
359 ($452)$3$449$450
360 ($452)$1$450$0
TOTALS$66,613$96,000$162,613

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.