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Mortgage Payment Schedule for a $123,000 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% ($24,600) 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
$464 360 $68,481 $166,881

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $123,000
Down Payment $24,600$98,400
Year 1 - 1 ($464)$319$145$98,255
2 ($464)$319$145$98,110
3 ($464)$318$146$97,965
4 ($464)$318$146$97,819
5 ($464)$317$146$97,672
6 ($464)$317$147$97,525
7 ($464)$316$147$97,378
8 ($464)$316$148$97,230
9 ($464)$315$148$97,082
10 ($464)$315$149$96,933
11 ($464)$314$149$96,784
12 ($464)$314$150$96,634
Year 2 - 13 ($464)$313$150$96,483
14 ($464)$313$151$96,333
15 ($464)$312$151$96,181
16 ($464)$312$152$96,030
17 ($464)$311$152$95,877
18 ($464)$311$153$95,725
19 ($464)$310$153$95,571
20 ($464)$310$154$95,418
21 ($464)$309$154$95,263
22 ($464)$309$155$95,109
23 ($464)$308$155$94,953
24 ($464)$308$156$94,798
Year 3 - 25 ($464)$307$156$94,641
26 ($464)$307$157$94,485
27 ($464)$306$157$94,327
28 ($464)$306$158$94,170
29 ($464)$305$158$94,011
30 ($464)$305$159$93,852
31 ($464)$304$159$93,693
32 ($464)$304$160$93,533
33 ($464)$303$160$93,373
34 ($464)$303$161$93,212
35 ($464)$302$161$93,051
36 ($464)$302$162$92,889
Year 4 - 37 ($464)$301$162$92,726
38 ($464)$301$163$92,563
39 ($464)$300$163$92,400
40 ($464)$300$164$92,236
41 ($464)$299$165$92,071
42 ($464)$298$165$91,906
43 ($464)$298$166$91,741
44 ($464)$297$166$91,574
45 ($464)$297$167$91,408
46 ($464)$296$167$91,240
47 ($464)$296$168$91,073
48 ($464)$295$168$90,904
Year 5 - 49 ($464)$295$169$90,735
50 ($464)$294$169$90,566
51 ($464)$294$170$90,396
52 ($464)$293$171$90,226
53 ($464)$292$171$90,054
54 ($464)$292$172$89,883
55 ($464)$291$172$89,711
56 ($464)$291$173$89,538
57 ($464)$290$173$89,365
58 ($464)$290$174$89,191
59 ($464)$289$174$89,016
60 ($464)$289$175$88,841
Year 6 - 61 ($464)$288$176$88,666
62 ($464)$287$176$88,490
63 ($464)$287$177$88,313
64 ($464)$286$177$88,136
65 ($464)$286$178$87,958
66 ($464)$285$178$87,779
67 ($464)$285$179$87,600
68 ($464)$284$180$87,421
69 ($464)$283$180$87,241
70 ($464)$283$181$87,060
71 ($464)$282$181$86,878
72 ($464)$282$182$86,697
Year 7 - 73 ($464)$281$183$86,514
74 ($464)$280$183$86,331
75 ($464)$280$184$86,147
76 ($464)$279$184$85,963
77 ($464)$279$185$85,778
78 ($464)$278$185$85,593
79 ($464)$277$186$85,406
80 ($464)$277$187$85,220
81 ($464)$276$187$85,032
82 ($464)$276$188$84,845
83 ($464)$275$189$84,656
84 ($464)$274$189$84,467
Year 8 - 85 ($464)$274$190$84,277
86 ($464)$273$190$84,087
87 ($464)$273$191$83,896
88 ($464)$272$192$83,704
89 ($464)$271$192$83,512
90 ($464)$271$193$83,319
91 ($464)$270$193$83,126
92 ($464)$269$194$82,932
93 ($464)$269$195$82,737
94 ($464)$268$195$82,542
95 ($464)$268$196$82,346
96 ($464)$267$197$82,149
Year 9 - 97 ($464)$266$197$81,952
98 ($464)$266$198$81,754
99 ($464)$265$199$81,555
100 ($464)$264$199$81,356
101 ($464)$264$200$81,156
102 ($464)$263$200$80,956
103 ($464)$262$201$80,755
104 ($464)$262$202$80,553
105 ($464)$261$202$80,350
106 ($464)$260$203$80,147
107 ($464)$260$204$79,944
108 ($464)$259$204$79,739
Year 10 - 109 ($464)$258$205$79,534
110 ($464)$258$206$79,328
111 ($464)$257$206$79,122
112 ($464)$256$207$78,915
113 ($464)$256$208$78,707
114 ($464)$255$208$78,499
115 ($464)$254$209$78,290
116 ($464)$254$210$78,080
117 ($464)$253$210$77,869
118 ($464)$252$211$77,658
119 ($464)$252$212$77,446
120 ($464)$251$213$77,234
Year 11 - 121 ($464)$250$213$77,021
122 ($464)$250$214$76,807
123 ($464)$249$215$76,592
124 ($464)$248$215$76,377
125 ($464)$248$216$76,161
126 ($464)$247$217$75,944
127 ($464)$246$217$75,727
128 ($464)$245$218$75,509
129 ($464)$245$219$75,290
130 ($464)$244$219$75,071
131 ($464)$243$220$74,850
132 ($464)$243$221$74,630
Year 12 - 133 ($464)$242$222$74,408
134 ($464)$241$222$74,186
135 ($464)$240$223$73,962
136 ($464)$240$224$73,739
137 ($464)$239$225$73,514
138 ($464)$238$225$73,289
139 ($464)$238$226$73,063
140 ($464)$237$227$72,836
141 ($464)$236$227$72,609
142 ($464)$235$228$72,381
143 ($464)$235$229$72,152
144 ($464)$234$230$71,922
Year 13 - 145 ($464)$233$230$71,692
146 ($464)$232$231$71,460
147 ($464)$232$232$71,229
148 ($464)$231$233$70,996
149 ($464)$230$233$70,762
150 ($464)$229$234$70,528
151 ($464)$229$235$70,293
152 ($464)$228$236$70,058
153 ($464)$227$236$69,821
154 ($464)$226$237$69,584
155 ($464)$226$238$69,346
156 ($464)$225$239$69,107
Year 14 - 157 ($464)$224$240$68,868
158 ($464)$223$240$68,627
159 ($464)$222$241$68,386
160 ($464)$222$242$68,144
161 ($464)$221$243$67,902
162 ($464)$220$243$67,658
163 ($464)$219$244$67,414
164 ($464)$219$245$67,169
165 ($464)$218$246$66,923
166 ($464)$217$247$66,677
167 ($464)$216$247$66,429
168 ($464)$215$248$66,181
Year 15 - 169 ($464)$215$249$65,932
170 ($464)$214$250$65,682
171 ($464)$213$251$65,432
172 ($464)$212$251$65,180
173 ($464)$211$252$64,928
174 ($464)$210$253$64,675
175 ($464)$210$254$64,421
176 ($464)$209$255$64,166
177 ($464)$208$256$63,911
178 ($464)$207$256$63,654
179 ($464)$206$257$63,397
180 ($464)$206$258$63,139
Year 16 - 181 ($464)$205$259$62,880
182 ($464)$204$260$62,620
183 ($464)$203$261$62,360
184 ($464)$202$261$62,098
185 ($464)$201$262$61,836
186 ($464)$200$263$61,573
187 ($464)$200$264$61,309
188 ($464)$199$265$61,044
189 ($464)$198$266$60,779
190 ($464)$197$267$60,512
191 ($464)$196$267$60,245
192 ($464)$195$268$59,976
Year 17 - 193 ($464)$194$269$59,707
194 ($464)$194$270$59,437
195 ($464)$193$271$59,166
196 ($464)$192$272$58,895
197 ($464)$191$273$58,622
198 ($464)$190$274$58,348
199 ($464)$189$274$58,074
200 ($464)$188$275$57,799
201 ($464)$187$276$57,522
202 ($464)$186$277$57,245
203 ($464)$186$278$56,967
204 ($464)$185$279$56,688
Year 18 - 205 ($464)$184$280$56,409
206 ($464)$183$281$56,128
207 ($464)$182$282$55,846
208 ($464)$181$283$55,564
209 ($464)$180$283$55,280
210 ($464)$179$284$54,996
211 ($464)$178$285$54,711
212 ($464)$177$286$54,425
213 ($464)$176$287$54,137
214 ($464)$175$288$53,849
215 ($464)$175$289$53,560
216 ($464)$174$290$53,270
Year 19 - 217 ($464)$173$291$52,980
218 ($464)$172$292$52,688
219 ($464)$171$293$52,395
220 ($464)$170$294$52,101
221 ($464)$169$295$51,807
222 ($464)$168$296$51,511
223 ($464)$167$297$51,214
224 ($464)$166$298$50,917
225 ($464)$165$299$50,618
226 ($464)$164$299$50,319
227 ($464)$163$300$50,018
228 ($464)$162$301$49,717
Year 20 - 229 ($464)$161$302$49,415
230 ($464)$160$303$49,111
231 ($464)$159$304$48,807
232 ($464)$158$305$48,502
233 ($464)$157$306$48,195
234 ($464)$156$307$47,888
235 ($464)$155$308$47,580
236 ($464)$154$309$47,270
237 ($464)$153$310$46,960
238 ($464)$152$311$46,649
239 ($464)$151$312$46,336
240 ($464)$150$313$46,023
Year 21 - 241 ($464)$149$314$45,709
242 ($464)$148$315$45,393
243 ($464)$147$316$45,077
244 ($464)$146$317$44,759
245 ($464)$145$318$44,441
246 ($464)$144$319$44,121
247 ($464)$143$321$43,801
248 ($464)$142$322$43,479
249 ($464)$141$323$43,157
250 ($464)$140$324$42,833
251 ($464)$139$325$42,508
252 ($464)$138$326$42,183
Year 22 - 253 ($464)$137$327$41,856
254 ($464)$136$328$41,528
255 ($464)$135$329$41,199
256 ($464)$134$330$40,869
257 ($464)$132$331$40,538
258 ($464)$131$332$40,206
259 ($464)$130$333$39,872
260 ($464)$129$334$39,538
261 ($464)$128$335$39,203
262 ($464)$127$336$38,866
263 ($464)$126$338$38,529
264 ($464)$125$339$38,190
Year 23 - 265 ($464)$124$340$37,850
266 ($464)$123$341$37,509
267 ($464)$122$342$37,168
268 ($464)$120$343$36,824
269 ($464)$119$344$36,480
270 ($464)$118$345$36,135
271 ($464)$117$346$35,789
272 ($464)$116$348$35,441
273 ($464)$115$349$35,092
274 ($464)$114$350$34,743
275 ($464)$113$351$34,392
276 ($464)$111$352$34,040
Year 24 - 277 ($464)$110$353$33,686
278 ($464)$109$354$33,332
279 ($464)$108$356$32,976
280 ($464)$107$357$32,620
281 ($464)$106$358$32,262
282 ($464)$105$359$31,903
283 ($464)$103$360$31,543
284 ($464)$102$361$31,182
285 ($464)$101$362$30,819
286 ($464)$100$364$30,455
287 ($464)$99$365$30,091
288 ($464)$98$366$29,725
Year 25 - 289 ($464)$96$367$29,357
290 ($464)$95$368$28,989
291 ($464)$94$370$28,619
292 ($464)$93$371$28,249
293 ($464)$92$372$27,877
294 ($464)$90$373$27,503
295 ($464)$89$374$27,129
296 ($464)$88$376$26,753
297 ($464)$87$377$26,377
298 ($464)$86$378$25,999
299 ($464)$84$379$25,619
300 ($464)$83$381$25,239
Year 26 - 301 ($464)$82$382$24,857
302 ($464)$81$383$24,474
303 ($464)$79$384$24,090
304 ($464)$78$385$23,704
305 ($464)$77$387$23,318
306 ($464)$76$388$22,930
307 ($464)$74$389$22,540
308 ($464)$73$390$22,150
309 ($464)$72$392$21,758
310 ($464)$71$393$21,365
311 ($464)$69$394$20,971
312 ($464)$68$396$20,575
Year 27 - 313 ($464)$67$397$20,178
314 ($464)$65$398$19,780
315 ($464)$64$399$19,381
316 ($464)$63$401$18,980
317 ($464)$62$402$18,578
318 ($464)$60$403$18,175
319 ($464)$59$405$17,770
320 ($464)$58$406$17,364
321 ($464)$56$407$16,957
322 ($464)$55$409$16,548
323 ($464)$54$410$16,138
324 ($464)$52$411$15,727
Year 28 - 325 ($464)$51$413$15,315
326 ($464)$50$414$14,901
327 ($464)$48$415$14,485
328 ($464)$47$417$14,069
329 ($464)$46$418$13,651
330 ($464)$44$419$13,232
331 ($464)$43$421$12,811
332 ($464)$42$422$12,389
333 ($464)$40$423$11,965
334 ($464)$39$425$11,541
335 ($464)$37$426$11,115
336 ($464)$36$428$10,687
Year 29 - 337 ($464)$35$429$10,258
338 ($464)$33$430$9,828
339 ($464)$32$432$9,396
340 ($464)$30$433$8,963
341 ($464)$29$435$8,528
342 ($464)$28$436$8,093
343 ($464)$26$437$7,655
344 ($464)$25$439$7,216
345 ($464)$23$440$6,776
346 ($464)$22$442$6,335
347 ($464)$21$443$5,892
348 ($464)$19$444$5,447
Year 30 - 349 ($464)$18$446$5,001
350 ($464)$16$447$4,554
351 ($464)$15$449$4,105
352 ($464)$13$450$3,655
353 ($464)$12$452$3,203
354 ($464)$10$453$2,750
355 ($464)$9$455$2,295
356 ($464)$7$456$1,839
357 ($464)$6$458$1,382
358 ($464)$4$459$923
359 ($464)$3$461$462
360 ($464)$1$462$0
TOTALS$68,481$98,400$166,881

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.