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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 April 20, 2017. Check Lending Tree to see current rates from multiple lenders.

Mortgage Parameters


Less than 20% ($77,600) may require pre-mortgage insurance


3.97% is current rate for 30-year fixed
3.23% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$1,477 360 $221,152 $531,552

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $388,000
Down Payment $77,600$310,400
Year 1 - 1 ($1,477)$1,027$450$309,950
2 ($1,477)$1,025$451$309,499
3 ($1,477)$1,024$453$309,047
4 ($1,477)$1,022$454$308,593
5 ($1,477)$1,021$456$308,137
6 ($1,477)$1,019$457$307,680
7 ($1,477)$1,018$459$307,221
8 ($1,477)$1,016$460$306,761
9 ($1,477)$1,015$462$306,299
10 ($1,477)$1,013$463$305,836
11 ($1,477)$1,012$465$305,371
12 ($1,477)$1,010$466$304,905
Year 2 - 13 ($1,477)$1,009$468$304,437
14 ($1,477)$1,007$469$303,968
15 ($1,477)$1,006$471$303,497
16 ($1,477)$1,004$472$303,025
17 ($1,477)$1,003$474$302,551
18 ($1,477)$1,001$476$302,075
19 ($1,477)$999$477$301,598
20 ($1,477)$998$479$301,119
21 ($1,477)$996$480$300,639
22 ($1,477)$995$482$300,157
23 ($1,477)$993$484$299,673
24 ($1,477)$991$485$299,188
Year 3 - 25 ($1,477)$990$487$298,702
26 ($1,477)$988$488$298,213
27 ($1,477)$987$490$297,723
28 ($1,477)$985$492$297,232
29 ($1,477)$983$493$296,739
30 ($1,477)$982$495$296,244
31 ($1,477)$980$496$295,747
32 ($1,477)$978$498$295,249
33 ($1,477)$977$500$294,749
34 ($1,477)$975$501$294,248
35 ($1,477)$973$503$293,745
36 ($1,477)$972$505$293,240
Year 4 - 37 ($1,477)$970$506$292,734
38 ($1,477)$968$508$292,226
39 ($1,477)$967$510$291,716
40 ($1,477)$965$511$291,205
41 ($1,477)$963$513$290,691
42 ($1,477)$962$515$290,177
43 ($1,477)$960$517$289,660
44 ($1,477)$958$518$289,142
45 ($1,477)$957$520$288,622
46 ($1,477)$955$522$288,100
47 ($1,477)$953$523$287,577
48 ($1,477)$951$525$287,052
Year 5 - 49 ($1,477)$950$527$286,525
50 ($1,477)$948$529$285,996
51 ($1,477)$946$530$285,466
52 ($1,477)$944$532$284,934
53 ($1,477)$943$534$284,400
54 ($1,477)$941$536$283,864
55 ($1,477)$939$537$283,327
56 ($1,477)$937$539$282,788
57 ($1,477)$936$541$282,247
58 ($1,477)$934$543$281,704
59 ($1,477)$932$545$281,159
60 ($1,477)$930$546$280,613
Year 6 - 61 ($1,477)$928$548$280,065
62 ($1,477)$927$550$279,515
63 ($1,477)$925$552$278,963
64 ($1,477)$923$554$278,409
65 ($1,477)$921$555$277,854
66 ($1,477)$919$557$277,296
67 ($1,477)$917$559$276,737
68 ($1,477)$916$561$276,176
69 ($1,477)$914$563$275,613
70 ($1,477)$912$565$275,049
71 ($1,477)$910$567$274,482
72 ($1,477)$908$568$273,914
Year 7 - 73 ($1,477)$906$570$273,343
74 ($1,477)$904$572$272,771
75 ($1,477)$902$574$272,197
76 ($1,477)$901$576$271,621
77 ($1,477)$899$578$271,043
78 ($1,477)$897$580$270,463
79 ($1,477)$895$582$269,882
80 ($1,477)$893$584$269,298
81 ($1,477)$891$586$268,712
82 ($1,477)$889$588$268,125
83 ($1,477)$887$589$267,535
84 ($1,477)$885$591$266,944
Year 8 - 85 ($1,477)$883$593$266,350
86 ($1,477)$881$595$265,755
87 ($1,477)$879$597$265,158
88 ($1,477)$877$599$264,558
89 ($1,477)$875$601$263,957
90 ($1,477)$873$603$263,354
91 ($1,477)$871$605$262,749
92 ($1,477)$869$607$262,141
93 ($1,477)$867$609$261,532
94 ($1,477)$865$611$260,921
95 ($1,477)$863$613$260,307
96 ($1,477)$861$615$259,692
Year 9 - 97 ($1,477)$859$617$259,075
98 ($1,477)$857$619$258,455
99 ($1,477)$855$621$257,834
100 ($1,477)$853$624$257,210
101 ($1,477)$851$626$256,585
102 ($1,477)$849$628$255,957
103 ($1,477)$847$630$255,327
104 ($1,477)$845$632$254,695
105 ($1,477)$843$634$254,061
106 ($1,477)$841$636$253,425
107 ($1,477)$838$638$252,787
108 ($1,477)$836$640$252,147
Year 10 - 109 ($1,477)$834$642$251,505
110 ($1,477)$832$644$250,860
111 ($1,477)$830$647$250,214
112 ($1,477)$828$649$249,565
113 ($1,477)$826$651$248,914
114 ($1,477)$823$653$248,261
115 ($1,477)$821$655$247,606
116 ($1,477)$819$657$246,948
117 ($1,477)$817$660$246,289
118 ($1,477)$815$662$245,627
119 ($1,477)$813$664$244,963
120 ($1,477)$810$666$244,297
Year 11 - 121 ($1,477)$808$668$243,629
122 ($1,477)$806$671$242,958
123 ($1,477)$804$673$242,286
124 ($1,477)$802$675$241,611
125 ($1,477)$799$677$240,933
126 ($1,477)$797$679$240,254
127 ($1,477)$795$682$239,572
128 ($1,477)$793$684$238,888
129 ($1,477)$790$686$238,202
130 ($1,477)$788$688$237,514
131 ($1,477)$786$691$236,823
132 ($1,477)$783$693$236,130
Year 12 - 133 ($1,477)$781$695$235,434
134 ($1,477)$779$698$234,737
135 ($1,477)$777$700$234,037
136 ($1,477)$774$702$233,335
137 ($1,477)$772$705$232,630
138 ($1,477)$770$707$231,923
139 ($1,477)$767$709$231,214
140 ($1,477)$765$712$230,502
141 ($1,477)$763$714$229,788
142 ($1,477)$760$716$229,072
143 ($1,477)$758$719$228,353
144 ($1,477)$755$721$227,632
Year 13 - 145 ($1,477)$753$723$226,909
146 ($1,477)$751$726$226,183
147 ($1,477)$748$728$225,455
148 ($1,477)$746$731$224,724
149 ($1,477)$743$733$223,991
150 ($1,477)$741$735$223,255
151 ($1,477)$739$738$222,518
152 ($1,477)$736$740$221,777
153 ($1,477)$734$743$221,034
154 ($1,477)$731$745$220,289
155 ($1,477)$729$748$219,541
156 ($1,477)$726$750$218,791
Year 14 - 157 ($1,477)$724$753$218,038
158 ($1,477)$721$755$217,283
159 ($1,477)$719$758$216,526
160 ($1,477)$716$760$215,765
161 ($1,477)$714$763$215,003
162 ($1,477)$711$765$214,237
163 ($1,477)$709$768$213,470
164 ($1,477)$706$770$212,699
165 ($1,477)$704$773$211,926
166 ($1,477)$701$775$211,151
167 ($1,477)$699$778$210,373
168 ($1,477)$696$781$209,593
Year 15 - 169 ($1,477)$693$783$208,809
170 ($1,477)$691$786$208,024
171 ($1,477)$688$788$207,235
172 ($1,477)$686$791$206,444
173 ($1,477)$683$794$205,651
174 ($1,477)$680$796$204,855
175 ($1,477)$678$799$204,056
176 ($1,477)$675$801$203,254
177 ($1,477)$672$804$202,450
178 ($1,477)$670$807$201,644
179 ($1,477)$667$809$200,834
180 ($1,477)$664$812$200,022
Year 16 - 181 ($1,477)$662$815$199,207
182 ($1,477)$659$817$198,390
183 ($1,477)$656$820$197,570
184 ($1,477)$654$823$196,747
185 ($1,477)$651$826$195,921
186 ($1,477)$648$828$195,093
187 ($1,477)$645$831$194,262
188 ($1,477)$643$834$193,428
189 ($1,477)$640$837$192,591
190 ($1,477)$637$839$191,752
191 ($1,477)$634$842$190,910
192 ($1,477)$632$845$190,065
Year 17 - 193 ($1,477)$629$848$189,217
194 ($1,477)$626$851$188,366
195 ($1,477)$623$853$187,513
196 ($1,477)$620$856$186,657
197 ($1,477)$618$859$185,798
198 ($1,477)$615$862$184,936
199 ($1,477)$612$865$184,071
200 ($1,477)$609$868$183,204
201 ($1,477)$606$870$182,333
202 ($1,477)$603$873$181,460
203 ($1,477)$600$876$180,584
204 ($1,477)$597$879$179,705
Year 18 - 205 ($1,477)$595$882$178,823
206 ($1,477)$592$885$177,938
207 ($1,477)$589$888$177,050
208 ($1,477)$586$891$176,159
209 ($1,477)$583$894$175,265
210 ($1,477)$580$897$174,369
211 ($1,477)$577$900$173,469
212 ($1,477)$574$903$172,566
213 ($1,477)$571$906$171,661
214 ($1,477)$568$909$170,752
215 ($1,477)$565$912$169,840
216 ($1,477)$562$915$168,926
Year 19 - 217 ($1,477)$559$918$168,008
218 ($1,477)$556$921$167,087
219 ($1,477)$553$924$166,164
220 ($1,477)$550$927$165,237
221 ($1,477)$547$930$164,307
222 ($1,477)$544$933$163,374
223 ($1,477)$540$936$162,438
224 ($1,477)$537$939$161,499
225 ($1,477)$534$942$160,557
226 ($1,477)$531$945$159,611
227 ($1,477)$528$948$158,663
228 ($1,477)$525$952$157,711
Year 20 - 229 ($1,477)$522$955$156,756
230 ($1,477)$519$958$155,798
231 ($1,477)$515$961$154,837
232 ($1,477)$512$964$153,873
233 ($1,477)$509$967$152,906
234 ($1,477)$506$971$151,935
235 ($1,477)$503$974$150,961
236 ($1,477)$499$977$149,984
237 ($1,477)$496$980$149,004
238 ($1,477)$493$984$148,020
239 ($1,477)$490$987$147,033
240 ($1,477)$486$990$146,043
Year 21 - 241 ($1,477)$483$993$145,050
242 ($1,477)$480$997$144,053
243 ($1,477)$477$1,000$143,053
244 ($1,477)$473$1,003$142,050
245 ($1,477)$470$1,007$141,043
246 ($1,477)$467$1,010$140,033
247 ($1,477)$463$1,013$139,020
248 ($1,477)$460$1,017$138,003
249 ($1,477)$457$1,020$136,983
250 ($1,477)$453$1,023$135,960
251 ($1,477)$450$1,027$134,933
252 ($1,477)$446$1,030$133,903
Year 22 - 253 ($1,477)$443$1,034$132,870
254 ($1,477)$440$1,037$131,833
255 ($1,477)$436$1,040$130,792
256 ($1,477)$433$1,044$129,749
257 ($1,477)$429$1,047$128,701
258 ($1,477)$426$1,051$127,651
259 ($1,477)$422$1,054$126,596
260 ($1,477)$419$1,058$125,539
261 ($1,477)$415$1,061$124,477
262 ($1,477)$412$1,065$123,413
263 ($1,477)$408$1,068$122,344
264 ($1,477)$405$1,072$121,273
Year 23 - 265 ($1,477)$401$1,075$120,197
266 ($1,477)$398$1,079$119,118
267 ($1,477)$394$1,082$118,036
268 ($1,477)$391$1,086$116,950
269 ($1,477)$387$1,090$115,860
270 ($1,477)$383$1,093$114,767
271 ($1,477)$380$1,097$113,670
272 ($1,477)$376$1,100$112,570
273 ($1,477)$372$1,104$111,466
274 ($1,477)$369$1,108$110,358
275 ($1,477)$365$1,111$109,246
276 ($1,477)$361$1,115$108,131
Year 24 - 277 ($1,477)$358$1,119$107,013
278 ($1,477)$354$1,123$105,890
279 ($1,477)$350$1,126$104,764
280 ($1,477)$347$1,130$103,634
281 ($1,477)$343$1,134$102,500
282 ($1,477)$339$1,137$101,363
283 ($1,477)$335$1,141$100,222
284 ($1,477)$332$1,145$99,077
285 ($1,477)$328$1,149$97,928
286 ($1,477)$324$1,153$96,775
287 ($1,477)$320$1,156$95,619
288 ($1,477)$316$1,160$94,459
Year 25 - 289 ($1,477)$313$1,164$93,295
290 ($1,477)$309$1,168$92,127
291 ($1,477)$305$1,172$90,955
292 ($1,477)$301$1,176$89,779
293 ($1,477)$297$1,180$88,600
294 ($1,477)$293$1,183$87,417
295 ($1,477)$289$1,187$86,229
296 ($1,477)$285$1,191$85,038
297 ($1,477)$281$1,195$83,843
298 ($1,477)$277$1,199$82,644
299 ($1,477)$273$1,203$81,440
300 ($1,477)$269$1,207$80,233
Year 26 - 301 ($1,477)$265$1,211$79,022
302 ($1,477)$261$1,215$77,807
303 ($1,477)$257$1,219$76,588
304 ($1,477)$253$1,223$75,365
305 ($1,477)$249$1,227$74,138
306 ($1,477)$245$1,231$72,906
307 ($1,477)$241$1,235$71,671
308 ($1,477)$237$1,239$70,432
309 ($1,477)$233$1,244$69,188
310 ($1,477)$229$1,248$67,941
311 ($1,477)$225$1,252$66,689
312 ($1,477)$221$1,256$65,433
Year 27 - 313 ($1,477)$216$1,260$64,173
314 ($1,477)$212$1,264$62,909
315 ($1,477)$208$1,268$61,640
316 ($1,477)$204$1,273$60,368
317 ($1,477)$200$1,277$59,091
318 ($1,477)$195$1,281$57,810
319 ($1,477)$191$1,285$56,524
320 ($1,477)$187$1,290$55,235
321 ($1,477)$183$1,294$53,941
322 ($1,477)$178$1,298$52,643
323 ($1,477)$174$1,302$51,341
324 ($1,477)$170$1,307$50,034
Year 28 - 325 ($1,477)$166$1,311$48,723
326 ($1,477)$161$1,315$47,408
327 ($1,477)$157$1,320$46,088
328 ($1,477)$152$1,324$44,764
329 ($1,477)$148$1,328$43,435
330 ($1,477)$144$1,333$42,103
331 ($1,477)$139$1,337$40,765
332 ($1,477)$135$1,342$39,424
333 ($1,477)$130$1,346$38,078
334 ($1,477)$126$1,351$36,727
335 ($1,477)$122$1,355$35,372
336 ($1,477)$117$1,360$34,012
Year 29 - 337 ($1,477)$113$1,364$32,648
338 ($1,477)$108$1,369$31,280
339 ($1,477)$103$1,373$29,907
340 ($1,477)$99$1,378$28,529
341 ($1,477)$94$1,382$27,147
342 ($1,477)$90$1,387$25,760
343 ($1,477)$85$1,391$24,369
344 ($1,477)$81$1,396$22,973
345 ($1,477)$76$1,401$21,573
346 ($1,477)$71$1,405$20,167
347 ($1,477)$67$1,410$18,758
348 ($1,477)$62$1,414$17,343
Year 30 - 349 ($1,477)$57$1,419$15,924
350 ($1,477)$53$1,424$14,500
351 ($1,477)$48$1,429$13,072
352 ($1,477)$43$1,433$11,638
353 ($1,477)$39$1,438$10,200
354 ($1,477)$34$1,443$8,758
355 ($1,477)$29$1,448$7,310
356 ($1,477)$24$1,452$5,858
357 ($1,477)$19$1,457$4,400
358 ($1,477)$15$1,462$2,938
359 ($1,477)$10$1,467$1,472
360 ($1,477)$5$1,472$0
TOTALS$221,152$310,400$531,552

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.