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Mortgage Payment Schedule for a $240,000 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 February 15, 2018. Check LendingTree to see current rates from multiple lenders or view the mortgage providers listed below.

Mortgage Parameters


Less than 20% ($48,000) may require pre-mortgage insurance


4.38% is current rate for 30-year fixed
3.84% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$959 360 $153,310 $345,310

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $240,000
Down Payment $48,000$192,000
Year 1 - 1 ($959)$701$258$191,742
2 ($959)$700$259$191,482
3 ($959)$699$260$191,222
4 ($959)$698$261$190,961
5 ($959)$697$262$190,699
6 ($959)$696$263$190,435
7 ($959)$695$264$190,171
8 ($959)$694$265$189,906
9 ($959)$693$266$189,640
10 ($959)$692$267$189,373
11 ($959)$691$268$189,105
12 ($959)$690$269$188,836
Year 2 - 13 ($959)$689$270$188,566
14 ($959)$688$271$188,295
15 ($959)$687$272$188,023
16 ($959)$686$273$187,751
17 ($959)$685$274$187,477
18 ($959)$684$275$187,202
19 ($959)$683$276$186,926
20 ($959)$682$277$186,649
21 ($959)$681$278$186,371
22 ($959)$680$279$186,092
23 ($959)$679$280$185,812
24 ($959)$678$281$185,531
Year 3 - 25 ($959)$677$282$185,249
26 ($959)$676$283$184,966
27 ($959)$675$284$184,682
28 ($959)$674$285$184,397
29 ($959)$673$286$184,111
30 ($959)$672$287$183,824
31 ($959)$671$288$183,535
32 ($959)$670$289$183,246
33 ($959)$669$290$182,956
34 ($959)$668$291$182,664
35 ($959)$667$292$182,372
36 ($959)$666$294$182,078
Year 4 - 37 ($959)$665$295$181,784
38 ($959)$664$296$181,488
39 ($959)$662$297$181,191
40 ($959)$661$298$180,893
41 ($959)$660$299$180,594
42 ($959)$659$300$180,294
43 ($959)$658$301$179,993
44 ($959)$657$302$179,691
45 ($959)$656$303$179,388
46 ($959)$655$304$179,083
47 ($959)$654$306$178,778
48 ($959)$653$307$178,471
Year 5 - 49 ($959)$651$308$178,163
50 ($959)$650$309$177,854
51 ($959)$649$310$177,544
52 ($959)$648$311$177,233
53 ($959)$647$312$176,921
54 ($959)$646$313$176,608
55 ($959)$645$315$176,293
56 ($959)$643$316$175,977
57 ($959)$642$317$175,660
58 ($959)$641$318$175,342
59 ($959)$640$319$175,023
60 ($959)$639$320$174,703
Year 6 - 61 ($959)$638$322$174,381
62 ($959)$636$323$174,059
63 ($959)$635$324$173,735
64 ($959)$634$325$173,410
65 ($959)$633$326$173,083
66 ($959)$632$327$172,756
67 ($959)$631$329$172,427
68 ($959)$629$330$172,097
69 ($959)$628$331$171,766
70 ($959)$627$332$171,434
71 ($959)$626$333$171,101
72 ($959)$625$335$170,766
Year 7 - 73 ($959)$623$336$170,430
74 ($959)$622$337$170,093
75 ($959)$621$338$169,755
76 ($959)$620$340$169,415
77 ($959)$618$341$169,074
78 ($959)$617$342$168,732
79 ($959)$616$343$168,389
80 ($959)$615$345$168,044
81 ($959)$613$346$167,698
82 ($959)$612$347$167,351
83 ($959)$611$348$167,003
84 ($959)$610$350$166,653
Year 8 - 85 ($959)$608$351$166,302
86 ($959)$607$352$165,950
87 ($959)$606$353$165,597
88 ($959)$604$355$165,242
89 ($959)$603$356$164,886
90 ($959)$602$357$164,529
91 ($959)$601$359$164,170
92 ($959)$599$360$163,810
93 ($959)$598$361$163,449
94 ($959)$597$363$163,086
95 ($959)$595$364$162,722
96 ($959)$594$365$162,357
Year 9 - 97 ($959)$593$367$161,990
98 ($959)$591$368$161,622
99 ($959)$590$369$161,253
100 ($959)$589$371$160,882
101 ($959)$587$372$160,511
102 ($959)$586$373$160,137
103 ($959)$585$375$159,762
104 ($959)$583$376$159,386
105 ($959)$582$377$159,009
106 ($959)$580$379$158,630
107 ($959)$579$380$158,250
108 ($959)$578$382$157,868
Year 10 - 109 ($959)$576$383$157,485
110 ($959)$575$384$157,101
111 ($959)$573$386$156,715
112 ($959)$572$387$156,328
113 ($959)$571$389$155,940
114 ($959)$569$390$155,549
115 ($959)$568$391$155,158
116 ($959)$566$393$154,765
117 ($959)$565$394$154,371
118 ($959)$563$396$153,975
119 ($959)$562$397$153,578
120 ($959)$561$399$153,179
Year 11 - 121 ($959)$559$400$152,779
122 ($959)$558$402$152,378
123 ($959)$556$403$151,975
124 ($959)$555$404$151,570
125 ($959)$553$406$151,164
126 ($959)$552$407$150,757
127 ($959)$550$409$150,348
128 ($959)$549$410$149,937
129 ($959)$547$412$149,526
130 ($959)$546$413$149,112
131 ($959)$544$415$148,697
132 ($959)$543$416$148,281
Year 12 - 133 ($959)$541$418$147,863
134 ($959)$540$419$147,443
135 ($959)$538$421$147,022
136 ($959)$537$423$146,600
137 ($959)$535$424$146,176
138 ($959)$534$426$145,750
139 ($959)$532$427$145,323
140 ($959)$530$429$144,894
141 ($959)$529$430$144,464
142 ($959)$527$432$144,032
143 ($959)$526$433$143,598
144 ($959)$524$435$143,163
Year 13 - 145 ($959)$523$437$142,726
146 ($959)$521$438$142,288
147 ($959)$519$440$141,848
148 ($959)$518$441$141,407
149 ($959)$516$443$140,964
150 ($959)$515$445$140,519
151 ($959)$513$446$140,073
152 ($959)$511$448$139,625
153 ($959)$510$450$139,175
154 ($959)$508$451$138,724
155 ($959)$506$453$138,271
156 ($959)$505$455$137,817
Year 14 - 157 ($959)$503$456$137,361
158 ($959)$501$458$136,903
159 ($959)$500$459$136,443
160 ($959)$498$461$135,982
161 ($959)$496$463$135,519
162 ($959)$495$465$135,055
163 ($959)$493$466$134,589
164 ($959)$491$468$134,121
165 ($959)$490$470$133,651
166 ($959)$488$471$133,180
167 ($959)$486$473$132,706
168 ($959)$484$475$132,232
Year 15 - 169 ($959)$483$477$131,755
170 ($959)$481$478$131,277
171 ($959)$479$480$130,797
172 ($959)$477$482$130,315
173 ($959)$476$484$129,831
174 ($959)$474$485$129,346
175 ($959)$472$487$128,859
176 ($959)$470$489$128,370
177 ($959)$469$491$127,880
178 ($959)$467$492$127,387
179 ($959)$465$494$126,893
180 ($959)$463$496$126,397
Year 16 - 181 ($959)$461$498$125,899
182 ($959)$460$500$125,399
183 ($959)$458$501$124,898
184 ($959)$456$503$124,395
185 ($959)$454$505$123,889
186 ($959)$452$507$123,382
187 ($959)$450$509$122,874
188 ($959)$448$511$122,363
189 ($959)$447$513$121,850
190 ($959)$445$514$121,336
191 ($959)$443$516$120,820
192 ($959)$441$518$120,301
Year 17 - 193 ($959)$439$520$119,781
194 ($959)$437$522$119,259
195 ($959)$435$524$118,735
196 ($959)$433$526$118,210
197 ($959)$431$528$117,682
198 ($959)$430$530$117,152
199 ($959)$428$532$116,621
200 ($959)$426$534$116,087
201 ($959)$424$535$115,552
202 ($959)$422$537$115,014
203 ($959)$420$539$114,475
204 ($959)$418$541$113,933
Year 18 - 205 ($959)$416$543$113,390
206 ($959)$414$545$112,845
207 ($959)$412$547$112,297
208 ($959)$410$549$111,748
209 ($959)$408$551$111,197
210 ($959)$406$553$110,643
211 ($959)$404$555$110,088
212 ($959)$402$557$109,531
213 ($959)$400$559$108,971
214 ($959)$398$561$108,410
215 ($959)$396$563$107,846
216 ($959)$394$566$107,281
Year 19 - 217 ($959)$392$568$106,713
218 ($959)$390$570$106,144
219 ($959)$387$572$105,572
220 ($959)$385$574$104,998
221 ($959)$383$576$104,422
222 ($959)$381$578$103,844
223 ($959)$379$580$103,264
224 ($959)$377$582$102,681
225 ($959)$375$584$102,097
226 ($959)$373$587$101,511
227 ($959)$371$589$100,922
228 ($959)$368$591$100,331
Year 20 - 229 ($959)$366$593$99,738
230 ($959)$364$595$99,143
231 ($959)$362$597$98,546
232 ($959)$360$600$97,946
233 ($959)$358$602$97,344
234 ($959)$355$604$96,740
235 ($959)$353$606$96,134
236 ($959)$351$608$95,526
237 ($959)$349$611$94,916
238 ($959)$346$613$94,303
239 ($959)$344$615$93,688
240 ($959)$342$617$93,071
Year 21 - 241 ($959)$340$619$92,451
242 ($959)$337$622$91,829
243 ($959)$335$624$91,205
244 ($959)$333$626$90,579
245 ($959)$331$629$89,950
246 ($959)$328$631$89,320
247 ($959)$326$633$88,686
248 ($959)$324$635$88,051
249 ($959)$321$638$87,413
250 ($959)$319$640$86,773
251 ($959)$317$642$86,130
252 ($959)$314$645$85,486
Year 22 - 253 ($959)$312$647$84,839
254 ($959)$310$650$84,189
255 ($959)$307$652$83,537
256 ($959)$305$654$82,883
257 ($959)$303$657$82,226
258 ($959)$300$659$81,567
259 ($959)$298$661$80,906
260 ($959)$295$664$80,242
261 ($959)$293$666$79,575
262 ($959)$290$669$78,907
263 ($959)$288$671$78,235
264 ($959)$286$674$77,562
Year 23 - 265 ($959)$283$676$76,886
266 ($959)$281$679$76,207
267 ($959)$278$681$75,526
268 ($959)$276$684$74,843
269 ($959)$273$686$74,157
270 ($959)$271$689$73,468
271 ($959)$268$691$72,777
272 ($959)$266$694$72,083
273 ($959)$263$696$71,387
274 ($959)$261$699$70,689
275 ($959)$258$701$69,988
276 ($959)$255$704$69,284
Year 24 - 277 ($959)$253$706$68,578
278 ($959)$250$709$67,869
279 ($959)$248$711$67,157
280 ($959)$245$714$66,443
281 ($959)$243$717$65,726
282 ($959)$240$719$65,007
283 ($959)$237$722$64,285
284 ($959)$235$725$63,561
285 ($959)$232$727$62,833
286 ($959)$229$730$62,104
287 ($959)$227$733$61,371
288 ($959)$224$735$60,636
Year 25 - 289 ($959)$221$738$59,898
290 ($959)$219$741$59,157
291 ($959)$216$743$58,414
292 ($959)$213$746$57,668
293 ($959)$210$749$56,919
294 ($959)$208$751$56,168
295 ($959)$205$754$55,414
296 ($959)$202$757$54,657
297 ($959)$199$760$53,897
298 ($959)$197$762$53,135
299 ($959)$194$765$52,370
300 ($959)$191$768$51,601
Year 26 - 301 ($959)$188$771$50,831
302 ($959)$186$774$50,057
303 ($959)$183$776$49,280
304 ($959)$180$779$48,501
305 ($959)$177$782$47,719
306 ($959)$174$785$46,934
307 ($959)$171$788$46,146
308 ($959)$168$791$45,355
309 ($959)$166$794$44,562
310 ($959)$163$797$43,765
311 ($959)$160$799$42,966
312 ($959)$157$802$42,163
Year 27 - 313 ($959)$154$805$41,358
314 ($959)$151$808$40,550
315 ($959)$148$811$39,739
316 ($959)$145$814$38,924
317 ($959)$142$817$38,107
318 ($959)$139$820$37,287
319 ($959)$136$823$36,464
320 ($959)$133$826$35,638
321 ($959)$130$829$34,809
322 ($959)$127$832$33,977
323 ($959)$124$835$33,142
324 ($959)$121$838$32,303
Year 28 - 325 ($959)$118$841$31,462
326 ($959)$115$844$30,618
327 ($959)$112$847$29,770
328 ($959)$109$851$28,920
329 ($959)$106$854$28,066
330 ($959)$102$857$27,209
331 ($959)$99$860$26,349
332 ($959)$96$863$25,486
333 ($959)$93$866$24,620
334 ($959)$90$869$23,751
335 ($959)$87$873$22,878
336 ($959)$84$876$22,003
Year 29 - 337 ($959)$80$879$21,124
338 ($959)$77$882$20,242
339 ($959)$74$885$19,356
340 ($959)$71$889$18,468
341 ($959)$67$892$17,576
342 ($959)$64$895$16,681
343 ($959)$61$898$15,783
344 ($959)$58$902$14,881
345 ($959)$54$905$13,976
346 ($959)$51$908$13,068
347 ($959)$48$911$12,157
348 ($959)$44$915$11,242
Year 30 - 349 ($959)$41$918$10,324
350 ($959)$38$922$9,402
351 ($959)$34$925$8,477
352 ($959)$31$928$7,549
353 ($959)$28$932$6,617
354 ($959)$24$935$5,682
355 ($959)$21$938$4,744
356 ($959)$17$942$3,802
357 ($959)$14$945$2,857
358 ($959)$10$949$1,908
359 ($959)$7$952$956
360 ($959)$3$956$0
TOTALS$153,310$192,000$345,310

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.