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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 May 18, 2017. Check Lending Tree to see current rates from multiple lenders.

Mortgage Parameters


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


4.02% is current rate for 30-year fixed
3.27% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$1,485 360 $224,372 $534,772

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $388,000
Down Payment $77,600$310,400
Year 1 - 1 ($1,485)$1,040$446$309,954
2 ($1,485)$1,038$447$309,507
3 ($1,485)$1,037$449$309,059
4 ($1,485)$1,035$450$308,608
5 ($1,485)$1,034$452$308,157
6 ($1,485)$1,032$453$307,704
7 ($1,485)$1,031$455$307,249
8 ($1,485)$1,029$456$306,793
9 ($1,485)$1,028$458$306,335
10 ($1,485)$1,026$459$305,876
11 ($1,485)$1,025$461$305,415
12 ($1,485)$1,023$462$304,953
Year 2 - 13 ($1,485)$1,022$464$304,489
14 ($1,485)$1,020$465$304,023
15 ($1,485)$1,018$467$303,556
16 ($1,485)$1,017$469$303,088
17 ($1,485)$1,015$470$302,618
18 ($1,485)$1,014$472$302,146
19 ($1,485)$1,012$473$301,673
20 ($1,485)$1,011$475$301,198
21 ($1,485)$1,009$476$300,721
22 ($1,485)$1,007$478$300,243
23 ($1,485)$1,006$480$299,764
24 ($1,485)$1,004$481$299,282
Year 3 - 25 ($1,485)$1,003$483$298,799
26 ($1,485)$1,001$485$298,315
27 ($1,485)$999$486$297,829
28 ($1,485)$998$488$297,341
29 ($1,485)$996$489$296,852
30 ($1,485)$994$491$296,361
31 ($1,485)$993$493$295,868
32 ($1,485)$991$494$295,374
33 ($1,485)$990$496$294,878
34 ($1,485)$988$498$294,380
35 ($1,485)$986$499$293,881
36 ($1,485)$985$501$293,380
Year 4 - 37 ($1,485)$983$503$292,877
38 ($1,485)$981$504$292,373
39 ($1,485)$979$506$291,867
40 ($1,485)$978$508$291,359
41 ($1,485)$976$509$290,850
42 ($1,485)$974$511$290,338
43 ($1,485)$973$513$289,826
44 ($1,485)$971$515$289,311
45 ($1,485)$969$516$288,795
46 ($1,485)$967$518$288,277
47 ($1,485)$966$520$287,757
48 ($1,485)$964$521$287,236
Year 5 - 49 ($1,485)$962$523$286,712
50 ($1,485)$960$525$286,187
51 ($1,485)$959$527$285,661
52 ($1,485)$957$529$285,132
53 ($1,485)$955$530$284,602
54 ($1,485)$953$532$284,070
55 ($1,485)$952$534$283,536
56 ($1,485)$950$536$283,000
57 ($1,485)$948$537$282,463
58 ($1,485)$946$539$281,924
59 ($1,485)$944$541$281,383
60 ($1,485)$943$543$280,840
Year 6 - 61 ($1,485)$941$545$280,295
62 ($1,485)$939$546$279,749
63 ($1,485)$937$548$279,200
64 ($1,485)$935$550$278,650
65 ($1,485)$933$552$278,098
66 ($1,485)$932$554$277,544
67 ($1,485)$930$556$276,988
68 ($1,485)$928$558$276,431
69 ($1,485)$926$559$275,871
70 ($1,485)$924$561$275,310
71 ($1,485)$922$563$274,747
72 ($1,485)$920$565$274,182
Year 7 - 73 ($1,485)$919$567$273,615
74 ($1,485)$917$569$273,046
75 ($1,485)$915$571$272,475
76 ($1,485)$913$573$271,903
77 ($1,485)$911$575$271,328
78 ($1,485)$909$577$270,751
79 ($1,485)$907$578$270,173
80 ($1,485)$905$580$269,593
81 ($1,485)$903$582$269,010
82 ($1,485)$901$584$268,426
83 ($1,485)$899$586$267,840
84 ($1,485)$897$588$267,252
Year 8 - 85 ($1,485)$895$590$266,661
86 ($1,485)$893$592$266,069
87 ($1,485)$891$594$265,475
88 ($1,485)$889$596$264,879
89 ($1,485)$887$598$264,281
90 ($1,485)$885$600$263,681
91 ($1,485)$883$602$263,078
92 ($1,485)$881$604$262,474
93 ($1,485)$879$606$261,868
94 ($1,485)$877$608$261,260
95 ($1,485)$875$610$260,650
96 ($1,485)$873$612$260,037
Year 9 - 97 ($1,485)$871$614$259,423
98 ($1,485)$869$616$258,807
99 ($1,485)$867$618$258,188
100 ($1,485)$865$621$257,568
101 ($1,485)$863$623$256,945
102 ($1,485)$861$625$256,320
103 ($1,485)$859$627$255,693
104 ($1,485)$857$629$255,064
105 ($1,485)$854$631$254,433
106 ($1,485)$852$633$253,800
107 ($1,485)$850$635$253,165
108 ($1,485)$848$637$252,528
Year 10 - 109 ($1,485)$846$640$251,888
110 ($1,485)$844$642$251,247
111 ($1,485)$842$644$250,603
112 ($1,485)$840$646$249,957
113 ($1,485)$837$648$249,309
114 ($1,485)$835$650$248,658
115 ($1,485)$833$652$248,006
116 ($1,485)$831$655$247,351
117 ($1,485)$829$657$246,694
118 ($1,485)$826$659$246,035
119 ($1,485)$824$661$245,374
120 ($1,485)$822$663$244,711
Year 11 - 121 ($1,485)$820$666$244,045
122 ($1,485)$818$668$243,377
123 ($1,485)$815$670$242,707
124 ($1,485)$813$672$242,034
125 ($1,485)$811$675$241,360
126 ($1,485)$809$677$240,683
127 ($1,485)$806$679$240,004
128 ($1,485)$804$681$239,322
129 ($1,485)$802$684$238,638
130 ($1,485)$799$686$237,952
131 ($1,485)$797$688$237,264
132 ($1,485)$795$691$236,573
Year 12 - 133 ($1,485)$793$693$235,880
134 ($1,485)$790$695$235,185
135 ($1,485)$788$698$234,488
136 ($1,485)$786$700$233,788
137 ($1,485)$783$702$233,085
138 ($1,485)$781$705$232,381
139 ($1,485)$778$707$231,674
140 ($1,485)$776$709$230,964
141 ($1,485)$774$712$230,253
142 ($1,485)$771$714$229,538
143 ($1,485)$769$717$228,822
144 ($1,485)$767$719$228,103
Year 13 - 145 ($1,485)$764$721$227,382
146 ($1,485)$762$724$226,658
147 ($1,485)$759$726$225,932
148 ($1,485)$757$729$225,203
149 ($1,485)$754$731$224,472
150 ($1,485)$752$733$223,739
151 ($1,485)$750$736$223,003
152 ($1,485)$747$738$222,264
153 ($1,485)$745$741$221,523
154 ($1,485)$742$743$220,780
155 ($1,485)$740$746$220,034
156 ($1,485)$737$748$219,286
Year 14 - 157 ($1,485)$735$751$218,535
158 ($1,485)$732$753$217,781
159 ($1,485)$730$756$217,026
160 ($1,485)$727$758$216,267
161 ($1,485)$724$761$215,506
162 ($1,485)$722$764$214,743
163 ($1,485)$719$766$213,976
164 ($1,485)$717$769$213,208
165 ($1,485)$714$771$212,437
166 ($1,485)$712$774$211,663
167 ($1,485)$709$776$210,886
168 ($1,485)$706$779$210,107
Year 15 - 169 ($1,485)$704$782$209,326
170 ($1,485)$701$784$208,541
171 ($1,485)$699$787$207,755
172 ($1,485)$696$790$206,965
173 ($1,485)$693$792$206,173
174 ($1,485)$691$795$205,378
175 ($1,485)$688$797$204,581
176 ($1,485)$685$800$203,781
177 ($1,485)$683$803$202,978
178 ($1,485)$680$806$202,172
179 ($1,485)$677$808$201,364
180 ($1,485)$675$811$200,553
Year 16 - 181 ($1,485)$672$814$199,740
182 ($1,485)$669$816$198,923
183 ($1,485)$666$819$198,104
184 ($1,485)$664$822$197,282
185 ($1,485)$661$825$196,458
186 ($1,485)$658$827$195,630
187 ($1,485)$655$830$194,800
188 ($1,485)$653$833$193,967
189 ($1,485)$650$836$193,132
190 ($1,485)$647$838$192,293
191 ($1,485)$644$841$191,452
192 ($1,485)$641$844$190,608
Year 17 - 193 ($1,485)$639$847$189,761
194 ($1,485)$636$850$188,911
195 ($1,485)$633$853$188,058
196 ($1,485)$630$855$187,203
197 ($1,485)$627$858$186,345
198 ($1,485)$624$861$185,483
199 ($1,485)$621$864$184,619
200 ($1,485)$618$867$183,752
201 ($1,485)$616$870$182,882
202 ($1,485)$613$873$182,009
203 ($1,485)$610$876$181,134
204 ($1,485)$607$879$180,255
Year 18 - 205 ($1,485)$604$882$179,373
206 ($1,485)$601$885$178,489
207 ($1,485)$598$888$177,601
208 ($1,485)$595$891$176,711
209 ($1,485)$592$893$175,817
210 ($1,485)$589$896$174,921
211 ($1,485)$586$899$174,021
212 ($1,485)$583$903$173,119
213 ($1,485)$580$906$172,213
214 ($1,485)$577$909$171,305
215 ($1,485)$574$912$170,393
216 ($1,485)$571$915$169,478
Year 19 - 217 ($1,485)$568$918$168,561
218 ($1,485)$565$921$167,640
219 ($1,485)$562$924$166,716
220 ($1,485)$558$927$165,789
221 ($1,485)$555$930$164,859
222 ($1,485)$552$933$163,926
223 ($1,485)$549$936$162,989
224 ($1,485)$546$939$162,050
225 ($1,485)$543$943$161,107
226 ($1,485)$540$946$160,162
227 ($1,485)$537$949$159,213
228 ($1,485)$533$952$158,261
Year 20 - 229 ($1,485)$530$955$157,305
230 ($1,485)$527$959$156,347
231 ($1,485)$524$962$155,385
232 ($1,485)$521$965$154,420
233 ($1,485)$517$968$153,452
234 ($1,485)$514$971$152,481
235 ($1,485)$511$975$151,506
236 ($1,485)$508$978$150,528
237 ($1,485)$504$981$149,547
238 ($1,485)$501$984$148,562
239 ($1,485)$498$988$147,574
240 ($1,485)$494$991$146,583
Year 21 - 241 ($1,485)$491$994$145,589
242 ($1,485)$488$998$144,591
243 ($1,485)$484$1,001$143,590
244 ($1,485)$481$1,004$142,586
245 ($1,485)$478$1,008$141,578
246 ($1,485)$474$1,011$140,567
247 ($1,485)$471$1,015$139,552
248 ($1,485)$467$1,018$138,534
249 ($1,485)$464$1,021$137,513
250 ($1,485)$461$1,025$136,488
251 ($1,485)$457$1,028$135,460
252 ($1,485)$454$1,032$134,428
Year 22 - 253 ($1,485)$450$1,035$133,393
254 ($1,485)$447$1,039$132,354
255 ($1,485)$443$1,042$131,312
256 ($1,485)$440$1,046$130,266
257 ($1,485)$436$1,049$129,217
258 ($1,485)$433$1,053$128,165
259 ($1,485)$429$1,056$127,109
260 ($1,485)$426$1,060$126,049
261 ($1,485)$422$1,063$124,986
262 ($1,485)$419$1,067$123,919
263 ($1,485)$415$1,070$122,849
264 ($1,485)$412$1,074$121,775
Year 23 - 265 ($1,485)$408$1,078$120,697
266 ($1,485)$404$1,081$119,616
267 ($1,485)$401$1,085$118,531
268 ($1,485)$397$1,088$117,443
269 ($1,485)$393$1,092$116,351
270 ($1,485)$390$1,096$115,255
271 ($1,485)$386$1,099$114,156
272 ($1,485)$382$1,103$113,053
273 ($1,485)$379$1,107$111,946
274 ($1,485)$375$1,110$110,835
275 ($1,485)$371$1,114$109,721
276 ($1,485)$368$1,118$108,603
Year 24 - 277 ($1,485)$364$1,122$107,482
278 ($1,485)$360$1,125$106,356
279 ($1,485)$356$1,129$105,227
280 ($1,485)$353$1,133$104,094
281 ($1,485)$349$1,137$102,957
282 ($1,485)$345$1,141$101,817
283 ($1,485)$341$1,144$100,672
284 ($1,485)$337$1,148$99,524
285 ($1,485)$333$1,152$98,372
286 ($1,485)$330$1,156$97,216
287 ($1,485)$326$1,160$96,056
288 ($1,485)$322$1,164$94,893
Year 25 - 289 ($1,485)$318$1,168$93,725
290 ($1,485)$314$1,171$92,554
291 ($1,485)$310$1,175$91,378
292 ($1,485)$306$1,179$90,199
293 ($1,485)$302$1,183$89,015
294 ($1,485)$298$1,187$87,828
295 ($1,485)$294$1,191$86,637
296 ($1,485)$290$1,195$85,442
297 ($1,485)$286$1,199$84,242
298 ($1,485)$282$1,203$83,039
299 ($1,485)$278$1,207$81,832
300 ($1,485)$274$1,211$80,621
Year 26 - 301 ($1,485)$270$1,215$79,405
302 ($1,485)$266$1,219$78,186
303 ($1,485)$262$1,224$76,962
304 ($1,485)$258$1,228$75,734
305 ($1,485)$254$1,232$74,503
306 ($1,485)$250$1,236$73,267
307 ($1,485)$245$1,240$72,027
308 ($1,485)$241$1,244$70,783
309 ($1,485)$237$1,248$69,534
310 ($1,485)$233$1,253$68,282
311 ($1,485)$229$1,257$67,025
312 ($1,485)$225$1,261$65,764
Year 27 - 313 ($1,485)$220$1,265$64,499
314 ($1,485)$216$1,269$63,229
315 ($1,485)$212$1,274$61,956
316 ($1,485)$208$1,278$60,678
317 ($1,485)$203$1,282$59,396
318 ($1,485)$199$1,287$58,109
319 ($1,485)$195$1,291$56,818
320 ($1,485)$190$1,295$55,523
321 ($1,485)$186$1,299$54,224
322 ($1,485)$182$1,304$52,920
323 ($1,485)$177$1,308$51,612
324 ($1,485)$173$1,313$50,299
Year 28 - 325 ($1,485)$169$1,317$48,982
326 ($1,485)$164$1,321$47,661
327 ($1,485)$160$1,326$46,335
328 ($1,485)$155$1,330$45,005
329 ($1,485)$151$1,335$43,670
330 ($1,485)$146$1,339$42,331
331 ($1,485)$142$1,344$40,987
332 ($1,485)$137$1,348$39,639
333 ($1,485)$133$1,353$38,286
334 ($1,485)$128$1,357$36,929
335 ($1,485)$124$1,362$35,567
336 ($1,485)$119$1,366$34,201
Year 29 - 337 ($1,485)$115$1,371$32,830
338 ($1,485)$110$1,375$31,455
339 ($1,485)$105$1,380$30,074
340 ($1,485)$101$1,385$28,690
341 ($1,485)$96$1,389$27,300
342 ($1,485)$91$1,394$25,906
343 ($1,485)$87$1,399$24,508
344 ($1,485)$82$1,403$23,104
345 ($1,485)$77$1,408$21,696
346 ($1,485)$73$1,413$20,283
347 ($1,485)$68$1,418$18,866
348 ($1,485)$63$1,422$17,444
Year 30 - 349 ($1,485)$58$1,427$16,017
350 ($1,485)$54$1,432$14,585
351 ($1,485)$49$1,437$13,148
352 ($1,485)$44$1,441$11,707
353 ($1,485)$39$1,446$10,260
354 ($1,485)$34$1,451$8,809
355 ($1,485)$30$1,456$7,353
356 ($1,485)$25$1,461$5,892
357 ($1,485)$20$1,466$4,427
358 ($1,485)$15$1,471$2,956
359 ($1,485)$10$1,476$1,481
360 ($1,485)$5$1,481$0
TOTALS$224,372$310,400$534,772

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.