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Mortgage Payment Schedule for a $388,000 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% ($77,600) 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
$1,462 360 $216,021 $526,421

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $388,000
Down Payment $77,600$310,400
Year 1 - 1 ($1,462)$1,006$456$309,944
2 ($1,462)$1,005$458$309,486
3 ($1,462)$1,003$459$309,027
4 ($1,462)$1,002$461$308,567
5 ($1,462)$1,000$462$308,105
6 ($1,462)$999$464$307,641
7 ($1,462)$997$465$307,176
8 ($1,462)$996$467$306,710
9 ($1,462)$994$468$306,242
10 ($1,462)$993$470$305,772
11 ($1,462)$991$471$305,301
12 ($1,462)$990$473$304,829
Year 2 - 13 ($1,462)$988$474$304,354
14 ($1,462)$987$476$303,879
15 ($1,462)$985$477$303,402
16 ($1,462)$984$479$302,923
17 ($1,462)$982$480$302,442
18 ($1,462)$980$482$301,961
19 ($1,462)$979$483$301,477
20 ($1,462)$977$485$300,992
21 ($1,462)$976$487$300,506
22 ($1,462)$974$488$300,018
23 ($1,462)$973$490$299,528
24 ($1,462)$971$491$299,036
Year 3 - 25 ($1,462)$969$493$298,544
26 ($1,462)$968$495$298,049
27 ($1,462)$966$496$297,553
28 ($1,462)$965$498$297,055
29 ($1,462)$963$499$296,556
30 ($1,462)$961$501$296,055
31 ($1,462)$960$503$295,552
32 ($1,462)$958$504$295,048
33 ($1,462)$956$506$294,542
34 ($1,462)$955$507$294,035
35 ($1,462)$953$509$293,526
36 ($1,462)$952$511$293,015
Year 4 - 37 ($1,462)$950$512$292,503
38 ($1,462)$948$514$291,989
39 ($1,462)$947$516$291,473
40 ($1,462)$945$517$290,955
41 ($1,462)$943$519$290,436
42 ($1,462)$941$521$289,915
43 ($1,462)$940$522$289,393
44 ($1,462)$938$524$288,869
45 ($1,462)$936$526$288,343
46 ($1,462)$935$528$287,815
47 ($1,462)$933$529$287,286
48 ($1,462)$931$531$286,755
Year 5 - 49 ($1,462)$930$533$286,222
50 ($1,462)$928$534$285,688
51 ($1,462)$926$536$285,152
52 ($1,462)$924$538$284,614
53 ($1,462)$923$540$284,074
54 ($1,462)$921$541$283,533
55 ($1,462)$919$543$282,990
56 ($1,462)$917$545$282,445
57 ($1,462)$916$547$281,898
58 ($1,462)$914$548$281,350
59 ($1,462)$912$550$280,799
60 ($1,462)$910$552$280,247
Year 6 - 61 ($1,462)$908$554$279,694
62 ($1,462)$907$556$279,138
63 ($1,462)$905$557$278,580
64 ($1,462)$903$559$278,021
65 ($1,462)$901$561$277,460
66 ($1,462)$899$563$276,897
67 ($1,462)$898$565$276,333
68 ($1,462)$896$567$275,766
69 ($1,462)$894$568$275,198
70 ($1,462)$892$570$274,628
71 ($1,462)$890$572$274,056
72 ($1,462)$888$574$273,482
Year 7 - 73 ($1,462)$887$576$272,906
74 ($1,462)$885$578$272,328
75 ($1,462)$883$579$271,749
76 ($1,462)$881$581$271,168
77 ($1,462)$879$583$270,584
78 ($1,462)$877$585$269,999
79 ($1,462)$875$587$269,412
80 ($1,462)$873$589$268,823
81 ($1,462)$871$591$268,232
82 ($1,462)$870$593$267,640
83 ($1,462)$868$595$267,045
84 ($1,462)$866$597$266,448
Year 8 - 85 ($1,462)$864$599$265,850
86 ($1,462)$862$600$265,249
87 ($1,462)$860$602$264,647
88 ($1,462)$858$604$264,043
89 ($1,462)$856$606$263,436
90 ($1,462)$854$608$262,828
91 ($1,462)$852$610$262,218
92 ($1,462)$850$612$261,605
93 ($1,462)$848$614$260,991
94 ($1,462)$846$616$260,375
95 ($1,462)$844$618$259,757
96 ($1,462)$842$620$259,136
Year 9 - 97 ($1,462)$840$622$258,514
98 ($1,462)$838$624$257,890
99 ($1,462)$836$626$257,264
100 ($1,462)$834$628$256,635
101 ($1,462)$832$630$256,005
102 ($1,462)$830$632$255,373
103 ($1,462)$828$634$254,738
104 ($1,462)$826$637$254,102
105 ($1,462)$824$639$253,463
106 ($1,462)$822$641$252,822
107 ($1,462)$820$643$252,180
108 ($1,462)$817$645$251,535
Year 10 - 109 ($1,462)$815$647$250,888
110 ($1,462)$813$649$250,239
111 ($1,462)$811$651$249,588
112 ($1,462)$809$653$248,935
113 ($1,462)$807$655$248,279
114 ($1,462)$805$657$247,622
115 ($1,462)$803$660$246,962
116 ($1,462)$801$662$246,301
117 ($1,462)$798$664$245,637
118 ($1,462)$796$666$244,971
119 ($1,462)$794$668$244,303
120 ($1,462)$792$670$243,632
Year 11 - 121 ($1,462)$790$673$242,960
122 ($1,462)$788$675$242,285
123 ($1,462)$785$677$241,608
124 ($1,462)$783$679$240,929
125 ($1,462)$781$681$240,248
126 ($1,462)$779$683$239,564
127 ($1,462)$777$686$238,879
128 ($1,462)$774$688$238,191
129 ($1,462)$772$690$237,501
130 ($1,462)$770$692$236,808
131 ($1,462)$768$695$236,114
132 ($1,462)$765$697$235,417
Year 12 - 133 ($1,462)$763$699$234,718
134 ($1,462)$761$701$234,016
135 ($1,462)$759$704$233,313
136 ($1,462)$756$706$232,607
137 ($1,462)$754$708$231,898
138 ($1,462)$752$711$231,188
139 ($1,462)$749$713$230,475
140 ($1,462)$747$715$229,760
141 ($1,462)$745$717$229,042
142 ($1,462)$742$720$228,323
143 ($1,462)$740$722$227,600
144 ($1,462)$738$724$226,876
Year 13 - 145 ($1,462)$735$727$226,149
146 ($1,462)$733$729$225,420
147 ($1,462)$731$732$224,688
148 ($1,462)$728$734$223,954
149 ($1,462)$726$736$223,218
150 ($1,462)$724$739$222,479
151 ($1,462)$721$741$221,738
152 ($1,462)$719$743$220,995
153 ($1,462)$716$746$220,249
154 ($1,462)$714$748$219,501
155 ($1,462)$712$751$218,750
156 ($1,462)$709$753$217,997
Year 14 - 157 ($1,462)$707$756$217,241
158 ($1,462)$704$758$216,483
159 ($1,462)$702$761$215,723
160 ($1,462)$699$763$214,960
161 ($1,462)$697$765$214,194
162 ($1,462)$694$768$213,426
163 ($1,462)$692$770$212,656
164 ($1,462)$689$773$211,883
165 ($1,462)$687$775$211,107
166 ($1,462)$684$778$210,330
167 ($1,462)$682$780$209,549
168 ($1,462)$679$783$208,766
Year 15 - 169 ($1,462)$677$786$207,981
170 ($1,462)$674$788$207,192
171 ($1,462)$672$791$206,402
172 ($1,462)$669$793$205,609
173 ($1,462)$667$796$204,813
174 ($1,462)$664$798$204,015
175 ($1,462)$661$801$203,214
176 ($1,462)$659$804$202,410
177 ($1,462)$656$806$201,604
178 ($1,462)$654$809$200,795
179 ($1,462)$651$811$199,984
180 ($1,462)$648$814$199,170
Year 16 - 181 ($1,462)$646$817$198,353
182 ($1,462)$643$819$197,534
183 ($1,462)$640$822$196,712
184 ($1,462)$638$825$195,887
185 ($1,462)$635$827$195,060
186 ($1,462)$632$830$194,230
187 ($1,462)$630$833$193,397
188 ($1,462)$627$835$192,562
189 ($1,462)$624$838$191,724
190 ($1,462)$622$841$190,883
191 ($1,462)$619$844$190,040
192 ($1,462)$616$846$189,194
Year 17 - 193 ($1,462)$613$849$188,345
194 ($1,462)$611$852$187,493
195 ($1,462)$608$854$186,638
196 ($1,462)$605$857$185,781
197 ($1,462)$602$860$184,921
198 ($1,462)$599$863$184,058
199 ($1,462)$597$866$183,193
200 ($1,462)$594$868$182,324
201 ($1,462)$591$871$181,453
202 ($1,462)$588$874$180,579
203 ($1,462)$585$877$179,702
204 ($1,462)$583$880$178,822
Year 18 - 205 ($1,462)$580$883$177,940
206 ($1,462)$577$885$177,054
207 ($1,462)$574$888$176,166
208 ($1,462)$571$891$175,275
209 ($1,462)$568$894$174,381
210 ($1,462)$565$897$173,484
211 ($1,462)$562$900$172,584
212 ($1,462)$559$903$171,681
213 ($1,462)$557$906$170,775
214 ($1,462)$554$909$169,866
215 ($1,462)$551$912$168,955
216 ($1,462)$548$915$168,040
Year 19 - 217 ($1,462)$545$918$167,123
218 ($1,462)$542$921$166,202
219 ($1,462)$539$924$165,279
220 ($1,462)$536$927$164,352
221 ($1,462)$533$930$163,423
222 ($1,462)$530$933$162,490
223 ($1,462)$527$936$161,554
224 ($1,462)$524$939$160,616
225 ($1,462)$521$942$159,674
226 ($1,462)$518$945$158,730
227 ($1,462)$515$948$157,782
228 ($1,462)$511$951$156,831
Year 20 - 229 ($1,462)$508$954$155,877
230 ($1,462)$505$957$154,920
231 ($1,462)$502$960$153,960
232 ($1,462)$499$963$152,997
233 ($1,462)$496$966$152,031
234 ($1,462)$493$969$151,061
235 ($1,462)$490$973$150,089
236 ($1,462)$487$976$149,113
237 ($1,462)$483$979$148,134
238 ($1,462)$480$982$147,152
239 ($1,462)$477$985$146,167
240 ($1,462)$474$988$145,178
Year 21 - 241 ($1,462)$471$992$144,186
242 ($1,462)$467$995$143,192
243 ($1,462)$464$998$142,194
244 ($1,462)$461$1,001$141,192
245 ($1,462)$458$1,005$140,188
246 ($1,462)$454$1,008$139,180
247 ($1,462)$451$1,011$138,169
248 ($1,462)$448$1,014$137,154
249 ($1,462)$445$1,018$136,137
250 ($1,462)$441$1,021$135,116
251 ($1,462)$438$1,024$134,091
252 ($1,462)$435$1,028$133,064
Year 22 - 253 ($1,462)$431$1,031$132,033
254 ($1,462)$428$1,034$130,999
255 ($1,462)$425$1,038$129,961
256 ($1,462)$421$1,041$128,920
257 ($1,462)$418$1,044$127,876
258 ($1,462)$415$1,048$126,828
259 ($1,462)$411$1,051$125,777
260 ($1,462)$408$1,055$124,722
261 ($1,462)$404$1,058$123,664
262 ($1,462)$401$1,061$122,603
263 ($1,462)$397$1,065$121,538
264 ($1,462)$394$1,068$120,470
Year 23 - 265 ($1,462)$391$1,072$119,398
266 ($1,462)$387$1,075$118,323
267 ($1,462)$384$1,079$117,244
268 ($1,462)$380$1,082$116,162
269 ($1,462)$377$1,086$115,076
270 ($1,462)$373$1,089$113,987
271 ($1,462)$370$1,093$112,894
272 ($1,462)$366$1,096$111,798
273 ($1,462)$362$1,100$110,698
274 ($1,462)$359$1,103$109,594
275 ($1,462)$355$1,107$108,487
276 ($1,462)$352$1,111$107,377
Year 24 - 277 ($1,462)$348$1,114$106,262
278 ($1,462)$344$1,118$105,145
279 ($1,462)$341$1,121$104,023
280 ($1,462)$337$1,125$102,898
281 ($1,462)$334$1,129$101,769
282 ($1,462)$330$1,132$100,637
283 ($1,462)$326$1,136$99,501
284 ($1,462)$323$1,140$98,361
285 ($1,462)$319$1,143$97,218
286 ($1,462)$315$1,147$96,071
287 ($1,462)$311$1,151$94,920
288 ($1,462)$308$1,155$93,765
Year 25 - 289 ($1,462)$304$1,158$92,607
290 ($1,462)$300$1,162$91,445
291 ($1,462)$296$1,166$90,279
292 ($1,462)$293$1,170$89,109
293 ($1,462)$289$1,173$87,936
294 ($1,462)$285$1,177$86,759
295 ($1,462)$281$1,181$85,578
296 ($1,462)$277$1,185$84,393
297 ($1,462)$274$1,189$83,204
298 ($1,462)$270$1,193$82,012
299 ($1,462)$266$1,196$80,815
300 ($1,462)$262$1,200$79,615
Year 26 - 301 ($1,462)$258$1,204$78,411
302 ($1,462)$254$1,208$77,203
303 ($1,462)$250$1,212$75,991
304 ($1,462)$246$1,216$74,775
305 ($1,462)$242$1,220$73,555
306 ($1,462)$238$1,224$72,331
307 ($1,462)$234$1,228$71,103
308 ($1,462)$230$1,232$69,871
309 ($1,462)$226$1,236$68,636
310 ($1,462)$222$1,240$67,396
311 ($1,462)$218$1,244$66,152
312 ($1,462)$214$1,248$64,904
Year 27 - 313 ($1,462)$210$1,252$63,652
314 ($1,462)$206$1,256$62,396
315 ($1,462)$202$1,260$61,136
316 ($1,462)$198$1,264$59,872
317 ($1,462)$194$1,268$58,604
318 ($1,462)$190$1,272$57,332
319 ($1,462)$186$1,276$56,055
320 ($1,462)$182$1,281$54,775
321 ($1,462)$178$1,285$53,490
322 ($1,462)$173$1,289$52,201
323 ($1,462)$169$1,293$50,908
324 ($1,462)$165$1,297$49,611
Year 28 - 325 ($1,462)$161$1,301$48,309
326 ($1,462)$157$1,306$47,004
327 ($1,462)$152$1,310$45,694
328 ($1,462)$148$1,314$44,380
329 ($1,462)$144$1,318$43,061
330 ($1,462)$140$1,323$41,738
331 ($1,462)$135$1,327$40,411
332 ($1,462)$131$1,331$39,080
333 ($1,462)$127$1,336$37,745
334 ($1,462)$122$1,340$36,405
335 ($1,462)$118$1,344$35,060
336 ($1,462)$114$1,349$33,712
Year 29 - 337 ($1,462)$109$1,353$32,359
338 ($1,462)$105$1,357$31,001
339 ($1,462)$100$1,362$29,640
340 ($1,462)$96$1,366$28,273
341 ($1,462)$92$1,371$26,903
342 ($1,462)$87$1,375$25,528
343 ($1,462)$83$1,380$24,148
344 ($1,462)$78$1,384$22,764
345 ($1,462)$74$1,388$21,376
346 ($1,462)$69$1,393$19,983
347 ($1,462)$65$1,398$18,585
348 ($1,462)$60$1,402$17,183
Year 30 - 349 ($1,462)$56$1,407$15,777
350 ($1,462)$51$1,411$14,365
351 ($1,462)$47$1,416$12,950
352 ($1,462)$42$1,420$11,529
353 ($1,462)$37$1,425$10,105
354 ($1,462)$33$1,430$8,675
355 ($1,462)$28$1,434$7,241
356 ($1,462)$23$1,439$5,802
357 ($1,462)$19$1,443$4,359
358 ($1,462)$14$1,448$2,910
359 ($1,462)$9$1,453$1,458
360 ($1,462)$5$1,458$0
TOTALS$216,021$310,400$526,421

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.