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Mortgage Payment Schedule for a $244,000 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% ($48,800) 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
$975 360 $155,865 $351,065

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $244,000
Down Payment $48,800$195,200
Year 1 - 1 ($975)$712$263$194,937
2 ($975)$712$264$194,674
3 ($975)$711$265$194,409
4 ($975)$710$266$194,143
5 ($975)$709$267$193,877
6 ($975)$708$268$193,609
7 ($975)$707$269$193,341
8 ($975)$706$269$193,071
9 ($975)$705$270$192,801
10 ($975)$704$271$192,529
11 ($975)$703$272$192,257
12 ($975)$702$273$191,984
Year 2 - 13 ($975)$701$274$191,709
14 ($975)$700$275$191,434
15 ($975)$699$276$191,157
16 ($975)$698$277$190,880
17 ($975)$697$278$190,601
18 ($975)$696$279$190,322
19 ($975)$695$281$190,041
20 ($975)$694$282$189,760
21 ($975)$693$283$189,477
22 ($975)$692$284$189,194
23 ($975)$691$285$188,909
24 ($975)$690$286$188,623
Year 3 - 25 ($975)$688$287$188,337
26 ($975)$687$288$188,049
27 ($975)$686$289$187,760
28 ($975)$685$290$187,470
29 ($975)$684$291$187,179
30 ($975)$683$292$186,887
31 ($975)$682$293$186,594
32 ($975)$681$294$186,300
33 ($975)$680$295$186,005
34 ($975)$679$296$185,709
35 ($975)$678$297$185,411
36 ($975)$677$298$185,113
Year 4 - 37 ($975)$676$300$184,813
38 ($975)$675$301$184,513
39 ($975)$673$302$184,211
40 ($975)$672$303$183,908
41 ($975)$671$304$183,604
42 ($975)$670$305$183,299
43 ($975)$669$306$182,993
44 ($975)$668$307$182,686
45 ($975)$667$308$182,378
46 ($975)$666$310$182,068
47 ($975)$665$311$181,757
48 ($975)$663$312$181,446
Year 5 - 49 ($975)$662$313$181,133
50 ($975)$661$314$180,819
51 ($975)$660$315$180,504
52 ($975)$659$316$180,187
53 ($975)$658$317$179,870
54 ($975)$657$319$179,551
55 ($975)$655$320$179,231
56 ($975)$654$321$178,910
57 ($975)$653$322$178,588
58 ($975)$652$323$178,265
59 ($975)$651$325$177,940
60 ($975)$649$326$177,615
Year 6 - 61 ($975)$648$327$177,288
62 ($975)$647$328$176,960
63 ($975)$646$329$176,630
64 ($975)$645$330$176,300
65 ($975)$643$332$175,968
66 ($975)$642$333$175,635
67 ($975)$641$334$175,301
68 ($975)$640$335$174,966
69 ($975)$639$337$174,629
70 ($975)$637$338$174,291
71 ($975)$636$339$173,952
72 ($975)$635$340$173,612
Year 7 - 73 ($975)$634$341$173,271
74 ($975)$632$343$172,928
75 ($975)$631$344$172,584
76 ($975)$630$345$172,239
77 ($975)$629$347$171,892
78 ($975)$627$348$171,544
79 ($975)$626$349$171,195
80 ($975)$625$350$170,845
81 ($975)$624$352$170,493
82 ($975)$622$353$170,141
83 ($975)$621$354$169,786
84 ($975)$620$355$169,431
Year 8 - 85 ($975)$618$357$169,074
86 ($975)$617$358$168,716
87 ($975)$616$359$168,357
88 ($975)$615$361$167,996
89 ($975)$613$362$167,634
90 ($975)$612$363$167,271
91 ($975)$611$365$166,906
92 ($975)$609$366$166,540
93 ($975)$608$367$166,173
94 ($975)$607$369$165,804
95 ($975)$605$370$165,434
96 ($975)$604$371$165,063
Year 9 - 97 ($975)$602$373$164,690
98 ($975)$601$374$164,316
99 ($975)$600$375$163,941
100 ($975)$598$377$163,564
101 ($975)$597$378$163,186
102 ($975)$596$380$162,806
103 ($975)$594$381$162,425
104 ($975)$593$382$162,043
105 ($975)$591$384$161,659
106 ($975)$590$385$161,274
107 ($975)$589$387$160,887
108 ($975)$587$388$160,500
Year 10 - 109 ($975)$586$389$160,110
110 ($975)$584$391$159,719
111 ($975)$583$392$159,327
112 ($975)$582$394$158,934
113 ($975)$580$395$158,539
114 ($975)$579$397$158,142
115 ($975)$577$398$157,744
116 ($975)$576$399$157,345
117 ($975)$574$401$156,944
118 ($975)$573$402$156,541
119 ($975)$571$404$156,138
120 ($975)$570$405$155,732
Year 11 - 121 ($975)$568$407$155,326
122 ($975)$567$408$154,917
123 ($975)$565$410$154,508
124 ($975)$564$411$154,096
125 ($975)$562$413$153,684
126 ($975)$561$414$153,269
127 ($975)$559$416$152,854
128 ($975)$558$417$152,436
129 ($975)$556$419$152,018
130 ($975)$555$420$151,597
131 ($975)$553$422$151,175
132 ($975)$552$423$150,752
Year 12 - 133 ($975)$550$425$150,327
134 ($975)$549$426$149,901
135 ($975)$547$428$149,473
136 ($975)$546$430$149,043
137 ($975)$544$431$148,612
138 ($975)$542$433$148,179
139 ($975)$541$434$147,745
140 ($975)$539$436$147,309
141 ($975)$538$438$146,871
142 ($975)$536$439$146,432
143 ($975)$534$441$145,991
144 ($975)$533$442$145,549
Year 13 - 145 ($975)$531$444$145,105
146 ($975)$530$446$144,660
147 ($975)$528$447$144,213
148 ($975)$526$449$143,764
149 ($975)$525$450$143,313
150 ($975)$523$452$142,861
151 ($975)$521$454$142,407
152 ($975)$520$455$141,952
153 ($975)$518$457$141,495
154 ($975)$516$459$141,036
155 ($975)$515$460$140,576
156 ($975)$513$462$140,114
Year 14 - 157 ($975)$511$464$139,650
158 ($975)$510$465$139,185
159 ($975)$508$467$138,717
160 ($975)$506$469$138,249
161 ($975)$505$471$137,778
162 ($975)$503$472$137,306
163 ($975)$501$474$136,832
164 ($975)$499$476$136,356
165 ($975)$498$477$135,878
166 ($975)$496$479$135,399
167 ($975)$494$481$134,918
168 ($975)$492$483$134,436
Year 15 - 169 ($975)$491$484$133,951
170 ($975)$489$486$133,465
171 ($975)$487$488$132,977
172 ($975)$485$490$132,487
173 ($975)$484$492$131,995
174 ($975)$482$493$131,502
175 ($975)$480$495$131,007
176 ($975)$478$497$130,510
177 ($975)$476$499$130,011
178 ($975)$475$501$129,510
179 ($975)$473$502$129,008
180 ($975)$471$504$128,504
Year 16 - 181 ($975)$469$506$127,997
182 ($975)$467$508$127,489
183 ($975)$465$510$126,980
184 ($975)$463$512$126,468
185 ($975)$462$514$125,954
186 ($975)$460$515$125,439
187 ($975)$458$517$124,921
188 ($975)$456$519$124,402
189 ($975)$454$521$123,881
190 ($975)$452$523$123,358
191 ($975)$450$525$122,833
192 ($975)$448$527$122,306
Year 17 - 193 ($975)$446$529$121,778
194 ($975)$444$531$121,247
195 ($975)$443$533$120,714
196 ($975)$441$535$120,180
197 ($975)$439$537$119,643
198 ($975)$437$538$119,105
199 ($975)$435$540$118,564
200 ($975)$433$542$118,022
201 ($975)$431$544$117,477
202 ($975)$429$546$116,931
203 ($975)$427$548$116,383
204 ($975)$425$550$115,832
Year 18 - 205 ($975)$423$552$115,280
206 ($975)$421$554$114,725
207 ($975)$419$556$114,169
208 ($975)$417$558$113,611
209 ($975)$415$561$113,050
210 ($975)$413$563$112,488
211 ($975)$411$565$111,923
212 ($975)$409$567$111,356
213 ($975)$406$569$110,788
214 ($975)$404$571$110,217
215 ($975)$402$573$109,644
216 ($975)$400$575$109,069
Year 19 - 217 ($975)$398$577$108,492
218 ($975)$396$579$107,913
219 ($975)$394$581$107,331
220 ($975)$392$583$106,748
221 ($975)$390$586$106,162
222 ($975)$387$588$105,575
223 ($975)$385$590$104,985
224 ($975)$383$592$104,393
225 ($975)$381$594$103,799
226 ($975)$379$596$103,202
227 ($975)$377$598$102,604
228 ($975)$375$601$102,003
Year 20 - 229 ($975)$372$603$101,400
230 ($975)$370$605$100,795
231 ($975)$368$607$100,188
232 ($975)$366$609$99,578
233 ($975)$363$612$98,967
234 ($975)$361$614$98,353
235 ($975)$359$616$97,737
236 ($975)$357$618$97,118
237 ($975)$354$621$96,497
238 ($975)$352$623$95,875
239 ($975)$350$625$95,249
240 ($975)$348$628$94,622
Year 21 - 241 ($975)$345$630$93,992
242 ($975)$343$632$93,360
243 ($975)$341$634$92,725
244 ($975)$338$637$92,089
245 ($975)$336$639$91,450
246 ($975)$334$641$90,808
247 ($975)$331$644$90,165
248 ($975)$329$646$89,518
249 ($975)$327$648$88,870
250 ($975)$324$651$88,219
251 ($975)$322$653$87,566
252 ($975)$320$656$86,910
Year 22 - 253 ($975)$317$658$86,252
254 ($975)$315$660$85,592
255 ($975)$312$663$84,929
256 ($975)$310$665$84,264
257 ($975)$308$668$83,597
258 ($975)$305$670$82,926
259 ($975)$303$672$82,254
260 ($975)$300$675$81,579
261 ($975)$298$677$80,902
262 ($975)$295$680$80,222
263 ($975)$293$682$79,539
264 ($975)$290$685$78,854
Year 23 - 265 ($975)$288$687$78,167
266 ($975)$285$690$77,477
267 ($975)$283$692$76,785
268 ($975)$280$695$76,090
269 ($975)$278$697$75,393
270 ($975)$275$700$74,693
271 ($975)$273$703$73,990
272 ($975)$270$705$73,285
273 ($975)$267$708$72,577
274 ($975)$265$710$71,867
275 ($975)$262$713$71,154
276 ($975)$260$715$70,439
Year 24 - 277 ($975)$257$718$69,720
278 ($975)$254$721$69,000
279 ($975)$252$723$68,276
280 ($975)$249$726$67,550
281 ($975)$247$729$66,822
282 ($975)$244$731$66,091
283 ($975)$241$734$65,357
284 ($975)$239$737$64,620
285 ($975)$236$739$63,881
286 ($975)$233$742$63,139
287 ($975)$230$745$62,394
288 ($975)$228$747$61,646
Year 25 - 289 ($975)$225$750$60,896
290 ($975)$222$753$60,143
291 ($975)$220$756$59,388
292 ($975)$217$758$58,629
293 ($975)$214$761$57,868
294 ($975)$211$764$57,104
295 ($975)$208$767$56,337
296 ($975)$206$770$55,568
297 ($975)$203$772$54,796
298 ($975)$200$775$54,020
299 ($975)$197$778$53,242
300 ($975)$194$781$52,461
Year 26 - 301 ($975)$191$784$51,678
302 ($975)$189$787$50,891
303 ($975)$186$789$50,102
304 ($975)$183$792$49,310
305 ($975)$180$795$48,514
306 ($975)$177$798$47,716
307 ($975)$174$801$46,915
308 ($975)$171$804$46,111
309 ($975)$168$807$45,304
310 ($975)$165$810$44,495
311 ($975)$162$813$43,682
312 ($975)$159$816$42,866
Year 27 - 313 ($975)$156$819$42,047
314 ($975)$153$822$41,226
315 ($975)$150$825$40,401
316 ($975)$147$828$39,573
317 ($975)$144$831$38,742
318 ($975)$141$834$37,909
319 ($975)$138$837$37,072
320 ($975)$135$840$36,232
321 ($975)$132$843$35,389
322 ($975)$129$846$34,543
323 ($975)$126$849$33,694
324 ($975)$123$852$32,842
Year 28 - 325 ($975)$120$855$31,986
326 ($975)$117$858$31,128
327 ($975)$114$862$30,266
328 ($975)$110$865$29,402
329 ($975)$107$868$28,534
330 ($975)$104$871$27,663
331 ($975)$101$874$26,789
332 ($975)$98$877$25,911
333 ($975)$95$881$25,031
334 ($975)$91$884$24,147
335 ($975)$88$887$23,260
336 ($975)$85$890$22,369
Year 29 - 337 ($975)$82$894$21,476
338 ($975)$78$897$20,579
339 ($975)$75$900$19,679
340 ($975)$72$903$18,776
341 ($975)$69$907$17,869
342 ($975)$65$910$16,959
343 ($975)$62$913$16,046
344 ($975)$59$917$15,129
345 ($975)$55$920$14,209
346 ($975)$52$923$13,286
347 ($975)$48$927$12,359
348 ($975)$45$930$11,429
Year 30 - 349 ($975)$42$933$10,496
350 ($975)$38$937$9,559
351 ($975)$35$940$8,619
352 ($975)$31$944$7,675
353 ($975)$28$947$6,728
354 ($975)$25$951$5,777
355 ($975)$21$954$4,823
356 ($975)$18$958$3,865
357 ($975)$14$961$2,904
358 ($975)$11$965$1,940
359 ($975)$7$968$972
360 ($975)$4$972$0
TOTALS$155,865$195,200$351,065

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.