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Mortgage Payment Schedule for a $245,000 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 November 30, 2017. Check LendingTree to see current rates from multiple lenders or view the mortgage providers listed below.

Mortgage Parameters


Less than 20% ($49,000) may require pre-mortgage insurance


3.9% is current rate for 30-year fixed
3.3% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$924 360 $136,809 $332,809

Mortgage Providers

Choose a lender below and lock in your estimated payment of $1,179 or less (zip code: 20149)


NMLS #: 1023 | State Lic #: MC-5814
$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

NMLS #: 3232 | State Lic #: MC-1532
$1,158 /mo
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30 yr fixed mtg, 0 points | APR: 3.750% | Rate: 3.750% | Fees: $0 | 40 day rate lock

NMLS #: 66247 | State Lic #: MC-1825
$1,158 /mo
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30 yr fixed mtg, 0 points | APR: 3.750% | Rate: 3.750% | Fees: $0 | 30 day rate lock

NMLS #: 541760
$1,168 /mo
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30 yr fixed mtg, 0 points | APR: 3.860% | Rate: 3.825% | Fees: $1,074 | 30 day rate lock

NMLS #: 1256692 | State Lic #: MC-5920
$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 #: 1071 | State Lic #: MC-1772
$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 #: 790396
$1,158 /mo
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30 yr fixed mtg, 0 points | APR: 3.750% | Rate: 3.750% | Fees: $0 | 30 day rate lock

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

$1,158 /mo
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30 yr fixed mtg, 0 points | APR: 3.776% | Rate: 3.750% | Fees: $795 | 45 day rate lock

NMLS #: 244476 | State Lic #: MC-5877
$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: 3.993% | Rate: 3.990% | Fees: $85 | 30 day rate lock

NMLS #: 2925 | State Lic #: MC-1875
$1,194 /mo
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30 yr fixed mtg, 0 points | APR: 4.010% | Rate: 4.000% | Fees: $299 | 45 day rate lock

NMLS #: 181005
$1,194 /mo
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30 yr fixed mtg, 0 points | APR: 4.029% | Rate: 4.000% | Fees: $865 | 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  $245,000
Down Payment $49,000$196,000
Year 1 - 1 ($924)$637$287$195,713
2 ($924)$636$288$195,424
3 ($924)$635$289$195,135
4 ($924)$634$290$194,845
5 ($924)$633$291$194,553
6 ($924)$632$292$194,261
7 ($924)$631$293$193,968
8 ($924)$630$294$193,674
9 ($924)$629$295$193,379
10 ($924)$628$296$193,083
11 ($924)$628$297$192,786
12 ($924)$627$298$192,488
Year 2 - 13 ($924)$626$299$192,189
14 ($924)$625$300$191,889
15 ($924)$624$301$191,588
16 ($924)$623$302$191,287
17 ($924)$622$303$190,984
18 ($924)$621$304$190,680
19 ($924)$620$305$190,375
20 ($924)$619$306$190,070
21 ($924)$618$307$189,763
22 ($924)$617$308$189,455
23 ($924)$616$309$189,146
24 ($924)$615$310$188,837
Year 3 - 25 ($924)$614$311$188,526
26 ($924)$613$312$188,214
27 ($924)$612$313$187,901
28 ($924)$611$314$187,588
29 ($924)$610$315$187,273
30 ($924)$609$316$186,957
31 ($924)$608$317$186,640
32 ($924)$607$318$186,322
33 ($924)$606$319$186,003
34 ($924)$605$320$185,683
35 ($924)$603$321$185,362
36 ($924)$602$322$185,040
Year 4 - 37 ($924)$601$323$184,717
38 ($924)$600$324$184,393
39 ($924)$599$325$184,068
40 ($924)$598$326$183,742
41 ($924)$597$327$183,414
42 ($924)$596$328$183,086
43 ($924)$595$329$182,756
44 ($924)$594$331$182,426
45 ($924)$593$332$182,094
46 ($924)$592$333$181,762
47 ($924)$591$334$181,428
48 ($924)$590$335$181,093
Year 5 - 49 ($924)$589$336$180,757
50 ($924)$587$337$180,420
51 ($924)$586$338$180,082
52 ($924)$585$339$179,743
53 ($924)$584$340$179,403
54 ($924)$583$341$179,061
55 ($924)$582$343$178,719
56 ($924)$581$344$178,375
57 ($924)$580$345$178,030
58 ($924)$579$346$177,684
59 ($924)$577$347$177,337
60 ($924)$576$348$176,989
Year 6 - 61 ($924)$575$349$176,640
62 ($924)$574$350$176,290
63 ($924)$573$352$175,938
64 ($924)$572$353$175,585
65 ($924)$571$354$175,232
66 ($924)$570$355$174,877
67 ($924)$568$356$174,521
68 ($924)$567$357$174,163
69 ($924)$566$358$173,805
70 ($924)$565$360$173,445
71 ($924)$564$361$173,084
72 ($924)$563$362$172,722
Year 7 - 73 ($924)$561$363$172,359
74 ($924)$560$364$171,995
75 ($924)$559$365$171,630
76 ($924)$558$367$171,263
77 ($924)$557$368$170,895
78 ($924)$555$369$170,526
79 ($924)$554$370$170,156
80 ($924)$553$371$169,784
81 ($924)$552$373$169,412
82 ($924)$551$374$169,038
83 ($924)$549$375$168,663
84 ($924)$548$376$168,286
Year 8 - 85 ($924)$547$378$167,909
86 ($924)$546$379$167,530
87 ($924)$544$380$167,150
88 ($924)$543$381$166,769
89 ($924)$542$382$166,386
90 ($924)$541$384$166,003
91 ($924)$540$385$165,618
92 ($924)$538$386$165,231
93 ($924)$537$387$164,844
94 ($924)$536$389$164,455
95 ($924)$534$390$164,065
96 ($924)$533$391$163,674
Year 9 - 97 ($924)$532$393$163,281
98 ($924)$531$394$162,888
99 ($924)$529$395$162,493
100 ($924)$528$396$162,096
101 ($924)$527$398$161,698
102 ($924)$526$399$161,300
103 ($924)$524$400$160,899
104 ($924)$523$402$160,498
105 ($924)$522$403$160,095
106 ($924)$520$404$159,691
107 ($924)$519$405$159,285
108 ($924)$518$407$158,878
Year 10 - 109 ($924)$516$408$158,470
110 ($924)$515$409$158,061
111 ($924)$514$411$157,650
112 ($924)$512$412$157,238
113 ($924)$511$413$156,825
114 ($924)$510$415$156,410
115 ($924)$508$416$155,994
116 ($924)$507$417$155,576
117 ($924)$506$419$155,157
118 ($924)$504$420$154,737
119 ($924)$503$422$154,316
120 ($924)$502$423$153,893
Year 11 - 121 ($924)$500$424$153,468
122 ($924)$499$426$153,043
123 ($924)$497$427$152,615
124 ($924)$496$428$152,187
125 ($924)$495$430$151,757
126 ($924)$493$431$151,326
127 ($924)$492$433$150,893
128 ($924)$490$434$150,459
129 ($924)$489$435$150,024
130 ($924)$488$437$149,587
131 ($924)$486$438$149,148
132 ($924)$485$440$148,709
Year 12 - 133 ($924)$483$441$148,268
134 ($924)$482$443$147,825
135 ($924)$480$444$147,381
136 ($924)$479$445$146,935
137 ($924)$478$447$146,489
138 ($924)$476$448$146,040
139 ($924)$475$450$145,590
140 ($924)$473$451$145,139
141 ($924)$472$453$144,686
142 ($924)$470$454$144,232
143 ($924)$469$456$143,776
144 ($924)$467$457$143,319
Year 13 - 145 ($924)$466$459$142,860
146 ($924)$464$460$142,400
147 ($924)$463$462$141,939
148 ($924)$461$463$141,475
149 ($924)$460$465$141,011
150 ($924)$458$466$140,545
151 ($924)$457$468$140,077
152 ($924)$455$469$139,608
153 ($924)$454$471$139,137
154 ($924)$452$472$138,665
155 ($924)$451$474$138,191
156 ($924)$449$475$137,715
Year 14 - 157 ($924)$448$477$137,239
158 ($924)$446$478$136,760
159 ($924)$444$480$136,280
160 ($924)$443$482$135,799
161 ($924)$441$483$135,315
162 ($924)$440$485$134,831
163 ($924)$438$486$134,344
164 ($924)$437$488$133,857
165 ($924)$435$489$133,367
166 ($924)$433$491$132,876
167 ($924)$432$493$132,384
168 ($924)$430$494$131,889
Year 15 - 169 ($924)$429$496$131,393
170 ($924)$427$497$130,896
171 ($924)$425$499$130,397
172 ($924)$424$501$129,896
173 ($924)$422$502$129,394
174 ($924)$421$504$128,890
175 ($924)$419$506$128,384
176 ($924)$417$507$127,877
177 ($924)$416$509$127,368
178 ($924)$414$511$126,858
179 ($924)$412$512$126,346
180 ($924)$411$514$125,832
Year 16 - 181 ($924)$409$516$125,316
182 ($924)$407$517$124,799
183 ($924)$406$519$124,280
184 ($924)$404$521$123,760
185 ($924)$402$522$123,237
186 ($924)$401$524$122,713
187 ($924)$399$526$122,188
188 ($924)$397$527$121,660
189 ($924)$395$529$121,131
190 ($924)$394$531$120,601
191 ($924)$392$533$120,068
192 ($924)$390$534$119,534
Year 17 - 193 ($924)$388$536$118,998
194 ($924)$387$538$118,460
195 ($924)$385$539$117,921
196 ($924)$383$541$117,379
197 ($924)$381$543$116,836
198 ($924)$380$545$116,292
199 ($924)$378$547$115,745
200 ($924)$376$548$115,197
201 ($924)$374$550$114,647
202 ($924)$373$552$114,095
203 ($924)$371$554$113,541
204 ($924)$369$555$112,986
Year 18 - 205 ($924)$367$557$112,429
206 ($924)$365$559$111,869
207 ($924)$364$561$111,309
208 ($924)$362$563$110,746
209 ($924)$360$565$110,181
210 ($924)$358$566$109,615
211 ($924)$356$568$109,047
212 ($924)$354$570$108,477
213 ($924)$353$572$107,905
214 ($924)$351$574$107,331
215 ($924)$349$576$106,755
216 ($924)$347$578$106,178
Year 19 - 217 ($924)$345$579$105,598
218 ($924)$343$581$105,017
219 ($924)$341$583$104,434
220 ($924)$339$585$103,849
221 ($924)$338$587$103,262
222 ($924)$336$589$102,673
223 ($924)$334$591$102,082
224 ($924)$332$593$101,490
225 ($924)$330$595$100,895
226 ($924)$328$597$100,298
227 ($924)$326$598$99,700
228 ($924)$324$600$99,099
Year 20 - 229 ($924)$322$602$98,497
230 ($924)$320$604$97,893
231 ($924)$318$606$97,286
232 ($924)$316$608$96,678
233 ($924)$314$610$96,068
234 ($924)$312$612$95,456
235 ($924)$310$614$94,841
236 ($924)$308$616$94,225
237 ($924)$306$618$93,607
238 ($924)$304$620$92,987
239 ($924)$302$622$92,364
240 ($924)$300$624$91,740
Year 21 - 241 ($924)$298$626$91,114
242 ($924)$296$628$90,485
243 ($924)$294$630$89,855
244 ($924)$292$632$89,223
245 ($924)$290$634$88,588
246 ($924)$288$637$87,952
247 ($924)$286$639$87,313
248 ($924)$284$641$86,672
249 ($924)$282$643$86,029
250 ($924)$280$645$85,385
251 ($924)$277$647$84,738
252 ($924)$275$649$84,088
Year 22 - 253 ($924)$273$651$83,437
254 ($924)$271$653$82,784
255 ($924)$269$655$82,129
256 ($924)$267$658$81,471
257 ($924)$265$660$80,811
258 ($924)$263$662$80,149
259 ($924)$260$664$79,486
260 ($924)$258$666$78,819
261 ($924)$256$668$78,151
262 ($924)$254$670$77,481
263 ($924)$252$673$76,808
264 ($924)$250$675$76,133
Year 23 - 265 ($924)$247$677$75,456
266 ($924)$245$679$74,777
267 ($924)$243$681$74,095
268 ($924)$241$684$73,412
269 ($924)$239$686$72,726
270 ($924)$236$688$72,038
271 ($924)$234$690$71,347
272 ($924)$232$693$70,655
273 ($924)$230$695$69,960
274 ($924)$227$697$69,263
275 ($924)$225$699$68,563
276 ($924)$223$702$67,862
Year 24 - 277 ($924)$221$704$67,158
278 ($924)$218$706$66,452
279 ($924)$216$709$65,743
280 ($924)$214$711$65,032
281 ($924)$211$713$64,319
282 ($924)$209$715$63,604
283 ($924)$207$718$62,886
284 ($924)$204$720$62,166
285 ($924)$202$722$61,444
286 ($924)$200$725$60,719
287 ($924)$197$727$59,992
288 ($924)$195$729$59,262
Year 25 - 289 ($924)$193$732$58,530
290 ($924)$190$734$57,796
291 ($924)$188$737$57,059
292 ($924)$185$739$56,320
293 ($924)$183$741$55,579
294 ($924)$181$744$54,835
295 ($924)$178$746$54,089
296 ($924)$176$749$53,340
297 ($924)$173$751$52,589
298 ($924)$171$754$51,836
299 ($924)$168$756$51,080
300 ($924)$166$758$50,321
Year 26 - 301 ($924)$164$761$49,560
302 ($924)$161$763$48,797
303 ($924)$159$766$48,031
304 ($924)$156$768$47,262
305 ($924)$154$771$46,492
306 ($924)$151$773$45,718
307 ($924)$149$776$44,942
308 ($924)$146$778$44,164
309 ($924)$144$781$43,383
310 ($924)$141$783$42,600
311 ($924)$138$786$41,814
312 ($924)$136$789$41,025
Year 27 - 313 ($924)$133$791$40,234
314 ($924)$131$794$39,440
315 ($924)$128$796$38,644
316 ($924)$126$799$37,845
317 ($924)$123$801$37,043
318 ($924)$120$804$36,239
319 ($924)$118$807$35,433
320 ($924)$115$809$34,623
321 ($924)$113$812$33,811
322 ($924)$110$815$32,997
323 ($924)$107$817$32,180
324 ($924)$105$820$31,360
Year 28 - 325 ($924)$102$823$30,537
326 ($924)$99$825$29,712
327 ($924)$97$828$28,884
328 ($924)$94$831$28,053
329 ($924)$91$833$27,220
330 ($924)$88$836$26,384
331 ($924)$86$839$25,545
332 ($924)$83$841$24,704
333 ($924)$80$844$23,860
334 ($924)$78$847$23,013
335 ($924)$75$850$22,163
336 ($924)$72$852$21,311
Year 29 - 337 ($924)$69$855$20,456
338 ($924)$66$858$19,598
339 ($924)$64$861$18,737
340 ($924)$61$864$17,873
341 ($924)$58$866$17,007
342 ($924)$55$869$16,138
343 ($924)$52$872$15,266
344 ($924)$50$875$14,391
345 ($924)$47$878$13,513
346 ($924)$44$881$12,632
347 ($924)$41$883$11,749
348 ($924)$38$886$10,863
Year 30 - 349 ($924)$35$889$9,974
350 ($924)$32$892$9,082
351 ($924)$30$895$8,187
352 ($924)$27$898$7,289
353 ($924)$24$901$6,388
354 ($924)$21$904$5,484
355 ($924)$18$907$4,578
356 ($924)$15$910$3,668
357 ($924)$12$913$2,755
358 ($924)$9$916$1,840
359 ($924)$6$918$921
360 ($924)$3$921$0
TOTALS$136,809$196,000$332,809

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.