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Mortgage Payment Schedule for a $588,000 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 October 19, 2017. Check LendingTree to see current rates from multiple lenders or view the mortgage providers listed below.

Mortgage Parameters


Less than 20% ($117,600) may require pre-mortgage insurance


3.88% is current rate for 30-year fixed
3.19% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$2,213 360 $326,403 $796,803

Mortgage Providers

Choose a lender below and lock in your estimated payment of $1,176 or less (zip code: 20149)


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 #: 3294 | State Lic #: MC-1971
$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 #: 258821
$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: 3.756% | Rate: 3.750% | Fees: $187 | 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 #: 898791
$1,176 /mo
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30 yr fixed mtg, 0 points | APR: 3.928% | Rate: 3.875% | Fees: $1,595 | 60 day rate lock

NMLS #: 67717
$1,194 /mo
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30 yr fixed mtg, 0 points | APR: 4.000% | Rate: 4.000% | Fees: $0 | 30 day rate lock

NMLS #: 227765 | State Lic #: MC-5920
$1,194 /mo
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30 yr fixed mtg, 0 points | APR: 4.000% | Rate: 4.000% | Fees: $0 | 30 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: $870 | 45 day rate lock

NMLS #: 180004 | State Lic #: MC -928
$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

$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 #: 790396
$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
$1,176 /mo
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30 yr fixed mtg, 0 points | APR: 3.907% | Rate: 3.875% | Fees: $977 | 30 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  $588,000
Down Payment $117,600$470,400
Year 1 - 1 ($2,213)$1,521$692$469,708
2 ($2,213)$1,519$695$469,013
3 ($2,213)$1,516$697$468,316
4 ($2,213)$1,514$699$467,617
5 ($2,213)$1,512$701$466,916
6 ($2,213)$1,510$704$466,212
7 ($2,213)$1,507$706$465,506
8 ($2,213)$1,505$708$464,798
9 ($2,213)$1,503$710$464,087
10 ($2,213)$1,501$713$463,375
11 ($2,213)$1,498$715$462,659
12 ($2,213)$1,496$717$461,942
Year 2 - 13 ($2,213)$1,494$720$461,222
14 ($2,213)$1,491$722$460,500
15 ($2,213)$1,489$724$459,776
16 ($2,213)$1,487$727$459,049
17 ($2,213)$1,484$729$458,320
18 ($2,213)$1,482$731$457,589
19 ($2,213)$1,480$734$456,855
20 ($2,213)$1,477$736$456,119
21 ($2,213)$1,475$739$455,380
22 ($2,213)$1,472$741$454,639
23 ($2,213)$1,470$743$453,896
24 ($2,213)$1,468$746$453,150
Year 3 - 25 ($2,213)$1,465$748$452,402
26 ($2,213)$1,463$751$451,651
27 ($2,213)$1,460$753$450,898
28 ($2,213)$1,458$755$450,143
29 ($2,213)$1,455$758$449,385
30 ($2,213)$1,453$760$448,625
31 ($2,213)$1,451$763$447,862
32 ($2,213)$1,448$765$447,097
33 ($2,213)$1,446$768$446,329
34 ($2,213)$1,443$770$445,559
35 ($2,213)$1,441$773$444,786
36 ($2,213)$1,438$775$444,011
Year 4 - 37 ($2,213)$1,436$778$443,233
38 ($2,213)$1,433$780$442,453
39 ($2,213)$1,431$783$441,670
40 ($2,213)$1,428$785$440,885
41 ($2,213)$1,426$788$440,097
42 ($2,213)$1,423$790$439,307
43 ($2,213)$1,420$793$438,514
44 ($2,213)$1,418$795$437,718
45 ($2,213)$1,415$798$436,920
46 ($2,213)$1,413$801$436,120
47 ($2,213)$1,410$803$435,316
48 ($2,213)$1,408$806$434,511
Year 5 - 49 ($2,213)$1,405$808$433,702
50 ($2,213)$1,402$811$432,891
51 ($2,213)$1,400$814$432,077
52 ($2,213)$1,397$816$431,261
53 ($2,213)$1,394$819$430,442
54 ($2,213)$1,392$822$429,621
55 ($2,213)$1,389$824$428,796
56 ($2,213)$1,386$827$427,970
57 ($2,213)$1,384$830$427,140
58 ($2,213)$1,381$832$426,308
59 ($2,213)$1,378$835$425,473
60 ($2,213)$1,376$838$424,635
Year 6 - 61 ($2,213)$1,373$840$423,795
62 ($2,213)$1,370$843$422,952
63 ($2,213)$1,368$846$422,106
64 ($2,213)$1,365$849$421,257
65 ($2,213)$1,362$851$420,406
66 ($2,213)$1,359$854$419,552
67 ($2,213)$1,357$857$418,695
68 ($2,213)$1,354$860$417,836
69 ($2,213)$1,351$862$416,973
70 ($2,213)$1,348$865$416,108
71 ($2,213)$1,345$868$415,240
72 ($2,213)$1,343$871$414,370
Year 7 - 73 ($2,213)$1,340$874$413,496
74 ($2,213)$1,337$876$412,620
75 ($2,213)$1,334$879$411,740
76 ($2,213)$1,331$882$410,858
77 ($2,213)$1,328$885$409,974
78 ($2,213)$1,326$888$409,086
79 ($2,213)$1,323$891$408,195
80 ($2,213)$1,320$894$407,302
81 ($2,213)$1,317$896$406,405
82 ($2,213)$1,314$899$405,506
83 ($2,213)$1,311$902$404,604
84 ($2,213)$1,308$905$403,699
Year 8 - 85 ($2,213)$1,305$908$402,791
86 ($2,213)$1,302$911$401,880
87 ($2,213)$1,299$914$400,966
88 ($2,213)$1,296$917$400,049
89 ($2,213)$1,293$920$399,129
90 ($2,213)$1,291$923$398,206
91 ($2,213)$1,288$926$397,280
92 ($2,213)$1,285$929$396,351
93 ($2,213)$1,282$932$395,420
94 ($2,213)$1,279$935$394,485
95 ($2,213)$1,276$938$393,547
96 ($2,213)$1,272$941$392,606
Year 9 - 97 ($2,213)$1,269$944$391,662
98 ($2,213)$1,266$947$390,715
99 ($2,213)$1,263$950$389,765
100 ($2,213)$1,260$953$388,812
101 ($2,213)$1,257$956$387,856
102 ($2,213)$1,254$959$386,897
103 ($2,213)$1,251$962$385,934
104 ($2,213)$1,248$965$384,969
105 ($2,213)$1,245$969$384,000
106 ($2,213)$1,242$972$383,028
107 ($2,213)$1,238$975$382,054
108 ($2,213)$1,235$978$381,076
Year 10 - 109 ($2,213)$1,232$981$380,094
110 ($2,213)$1,229$984$379,110
111 ($2,213)$1,226$988$378,122
112 ($2,213)$1,223$991$377,132
113 ($2,213)$1,219$994$376,138
114 ($2,213)$1,216$997$375,141
115 ($2,213)$1,213$1,000$374,140
116 ($2,213)$1,210$1,004$373,137
117 ($2,213)$1,206$1,007$372,130
118 ($2,213)$1,203$1,010$371,120
119 ($2,213)$1,200$1,013$370,106
120 ($2,213)$1,197$1,017$369,090
Year 11 - 121 ($2,213)$1,193$1,020$368,070
122 ($2,213)$1,190$1,023$367,046
123 ($2,213)$1,187$1,027$366,020
124 ($2,213)$1,183$1,030$364,990
125 ($2,213)$1,180$1,033$363,957
126 ($2,213)$1,177$1,037$362,920
127 ($2,213)$1,173$1,040$361,880
128 ($2,213)$1,170$1,043$360,837
129 ($2,213)$1,167$1,047$359,790
130 ($2,213)$1,163$1,050$358,740
131 ($2,213)$1,160$1,053$357,687
132 ($2,213)$1,157$1,057$356,630
Year 12 - 133 ($2,213)$1,153$1,060$355,570
134 ($2,213)$1,150$1,064$354,506
135 ($2,213)$1,146$1,067$353,439
136 ($2,213)$1,143$1,071$352,369
137 ($2,213)$1,139$1,074$351,295
138 ($2,213)$1,136$1,077$350,217
139 ($2,213)$1,132$1,081$349,136
140 ($2,213)$1,129$1,084$348,052
141 ($2,213)$1,125$1,088$346,964
142 ($2,213)$1,122$1,091$345,872
143 ($2,213)$1,118$1,095$344,777
144 ($2,213)$1,115$1,099$343,679
Year 13 - 145 ($2,213)$1,111$1,102$342,576
146 ($2,213)$1,108$1,106$341,471
147 ($2,213)$1,104$1,109$340,362
148 ($2,213)$1,101$1,113$339,249
149 ($2,213)$1,097$1,116$338,132
150 ($2,213)$1,093$1,120$337,012
151 ($2,213)$1,090$1,124$335,889
152 ($2,213)$1,086$1,127$334,761
153 ($2,213)$1,082$1,131$333,630
154 ($2,213)$1,079$1,135$332,496
155 ($2,213)$1,075$1,138$331,357
156 ($2,213)$1,071$1,142$330,215
Year 14 - 157 ($2,213)$1,068$1,146$329,070
158 ($2,213)$1,064$1,149$327,920
159 ($2,213)$1,060$1,153$326,767
160 ($2,213)$1,057$1,157$325,611
161 ($2,213)$1,053$1,161$324,450
162 ($2,213)$1,049$1,164$323,286
163 ($2,213)$1,045$1,168$322,118
164 ($2,213)$1,042$1,172$320,946
165 ($2,213)$1,038$1,176$319,770
166 ($2,213)$1,034$1,179$318,591
167 ($2,213)$1,030$1,183$317,408
168 ($2,213)$1,026$1,187$316,221
Year 15 - 169 ($2,213)$1,022$1,191$315,030
170 ($2,213)$1,019$1,195$313,835
171 ($2,213)$1,015$1,199$312,636
172 ($2,213)$1,011$1,202$311,434
173 ($2,213)$1,007$1,206$310,227
174 ($2,213)$1,003$1,210$309,017
175 ($2,213)$999$1,214$307,803
176 ($2,213)$995$1,218$306,585
177 ($2,213)$991$1,222$305,363
178 ($2,213)$987$1,226$304,137
179 ($2,213)$983$1,230$302,907
180 ($2,213)$979$1,234$301,673
Year 16 - 181 ($2,213)$975$1,238$300,435
182 ($2,213)$971$1,242$299,193
183 ($2,213)$967$1,246$297,947
184 ($2,213)$963$1,250$296,697
185 ($2,213)$959$1,254$295,443
186 ($2,213)$955$1,258$294,185
187 ($2,213)$951$1,262$292,923
188 ($2,213)$947$1,266$291,657
189 ($2,213)$943$1,270$290,386
190 ($2,213)$939$1,274$289,112
191 ($2,213)$935$1,279$287,833
192 ($2,213)$931$1,283$286,551
Year 17 - 193 ($2,213)$927$1,287$285,264
194 ($2,213)$922$1,291$283,973
195 ($2,213)$918$1,295$282,678
196 ($2,213)$914$1,299$281,378
197 ($2,213)$910$1,304$280,075
198 ($2,213)$906$1,308$278,767
199 ($2,213)$901$1,312$277,455
200 ($2,213)$897$1,316$276,139
201 ($2,213)$893$1,320$274,818
202 ($2,213)$889$1,325$273,494
203 ($2,213)$884$1,329$272,165
204 ($2,213)$880$1,333$270,831
Year 18 - 205 ($2,213)$876$1,338$269,494
206 ($2,213)$871$1,342$268,152
207 ($2,213)$867$1,346$266,805
208 ($2,213)$863$1,351$265,455
209 ($2,213)$858$1,355$264,100
210 ($2,213)$854$1,359$262,740
211 ($2,213)$850$1,364$261,376
212 ($2,213)$845$1,368$260,008
213 ($2,213)$841$1,373$258,635
214 ($2,213)$836$1,377$257,258
215 ($2,213)$832$1,382$255,877
216 ($2,213)$827$1,386$254,491
Year 19 - 217 ($2,213)$823$1,390$253,100
218 ($2,213)$818$1,395$251,705
219 ($2,213)$814$1,399$250,306
220 ($2,213)$809$1,404$248,902
221 ($2,213)$805$1,409$247,493
222 ($2,213)$800$1,413$246,080
223 ($2,213)$796$1,418$244,662
224 ($2,213)$791$1,422$243,240
225 ($2,213)$786$1,427$241,813
226 ($2,213)$782$1,431$240,382
227 ($2,213)$777$1,436$238,946
228 ($2,213)$773$1,441$237,505
Year 20 - 229 ($2,213)$768$1,445$236,060
230 ($2,213)$763$1,450$234,610
231 ($2,213)$759$1,455$233,155
232 ($2,213)$754$1,459$231,695
233 ($2,213)$749$1,464$230,231
234 ($2,213)$744$1,469$228,762
235 ($2,213)$740$1,474$227,288
236 ($2,213)$735$1,478$225,810
237 ($2,213)$730$1,483$224,327
238 ($2,213)$725$1,488$222,839
239 ($2,213)$721$1,493$221,346
240 ($2,213)$716$1,498$219,848
Year 21 - 241 ($2,213)$711$1,502$218,346
242 ($2,213)$706$1,507$216,838
243 ($2,213)$701$1,512$215,326
244 ($2,213)$696$1,517$213,809
245 ($2,213)$691$1,522$212,287
246 ($2,213)$686$1,527$210,760
247 ($2,213)$681$1,532$209,228
248 ($2,213)$677$1,537$207,691
249 ($2,213)$672$1,542$206,150
250 ($2,213)$667$1,547$204,603
251 ($2,213)$662$1,552$203,051
252 ($2,213)$657$1,557$201,494
Year 22 - 253 ($2,213)$651$1,562$199,932
254 ($2,213)$646$1,567$198,366
255 ($2,213)$641$1,572$196,794
256 ($2,213)$636$1,577$195,217
257 ($2,213)$631$1,582$193,634
258 ($2,213)$626$1,587$192,047
259 ($2,213)$621$1,592$190,455
260 ($2,213)$616$1,598$188,857
261 ($2,213)$611$1,603$187,254
262 ($2,213)$605$1,608$185,647
263 ($2,213)$600$1,613$184,034
264 ($2,213)$595$1,618$182,415
Year 23 - 265 ($2,213)$590$1,624$180,792
266 ($2,213)$585$1,629$179,163
267 ($2,213)$579$1,634$177,529
268 ($2,213)$574$1,639$175,890
269 ($2,213)$569$1,645$174,245
270 ($2,213)$563$1,650$172,595
271 ($2,213)$558$1,655$170,940
272 ($2,213)$553$1,661$169,279
273 ($2,213)$547$1,666$167,613
274 ($2,213)$542$1,671$165,942
275 ($2,213)$537$1,677$164,265
276 ($2,213)$531$1,682$162,583
Year 24 - 277 ($2,213)$526$1,688$160,895
278 ($2,213)$520$1,693$159,202
279 ($2,213)$515$1,699$157,503
280 ($2,213)$509$1,704$155,799
281 ($2,213)$504$1,710$154,090
282 ($2,213)$498$1,715$152,374
283 ($2,213)$493$1,721$150,654
284 ($2,213)$487$1,726$148,928
285 ($2,213)$482$1,732$147,196
286 ($2,213)$476$1,737$145,458
287 ($2,213)$470$1,743$143,715
288 ($2,213)$465$1,749$141,967
Year 25 - 289 ($2,213)$459$1,754$140,212
290 ($2,213)$453$1,760$138,452
291 ($2,213)$448$1,766$136,687
292 ($2,213)$442$1,771$134,915
293 ($2,213)$436$1,777$133,138
294 ($2,213)$430$1,783$131,355
295 ($2,213)$425$1,789$129,567
296 ($2,213)$419$1,794$127,772
297 ($2,213)$413$1,800$125,972
298 ($2,213)$407$1,806$124,166
299 ($2,213)$401$1,812$122,354
300 ($2,213)$396$1,818$120,536
Year 26 - 301 ($2,213)$390$1,824$118,713
302 ($2,213)$384$1,830$116,883
303 ($2,213)$378$1,835$115,048
304 ($2,213)$372$1,841$113,207
305 ($2,213)$366$1,847$111,359
306 ($2,213)$360$1,853$109,506
307 ($2,213)$354$1,859$107,647
308 ($2,213)$348$1,865$105,781
309 ($2,213)$342$1,871$103,910
310 ($2,213)$336$1,877$102,033
311 ($2,213)$330$1,883$100,149
312 ($2,213)$324$1,890$98,260
Year 27 - 313 ($2,213)$318$1,896$96,364
314 ($2,213)$312$1,902$94,462
315 ($2,213)$305$1,908$92,554
316 ($2,213)$299$1,914$90,640
317 ($2,213)$293$1,920$88,720
318 ($2,213)$287$1,926$86,794
319 ($2,213)$281$1,933$84,861
320 ($2,213)$274$1,939$82,922
321 ($2,213)$268$1,945$80,977
322 ($2,213)$262$1,952$79,025
323 ($2,213)$256$1,958$77,067
324 ($2,213)$249$1,964$75,103
Year 28 - 325 ($2,213)$243$1,971$73,133
326 ($2,213)$236$1,977$71,156
327 ($2,213)$230$1,983$69,173
328 ($2,213)$224$1,990$67,183
329 ($2,213)$217$1,996$65,187
330 ($2,213)$211$2,003$63,184
331 ($2,213)$204$2,009$61,175
332 ($2,213)$198$2,016$59,160
333 ($2,213)$191$2,022$57,138
334 ($2,213)$185$2,029$55,109
335 ($2,213)$178$2,035$53,074
336 ($2,213)$172$2,042$51,032
Year 29 - 337 ($2,213)$165$2,048$48,984
338 ($2,213)$158$2,055$46,929
339 ($2,213)$152$2,062$44,867
340 ($2,213)$145$2,068$42,799
341 ($2,213)$138$2,075$40,724
342 ($2,213)$132$2,082$38,642
343 ($2,213)$125$2,088$36,554
344 ($2,213)$118$2,095$34,459
345 ($2,213)$111$2,102$32,357
346 ($2,213)$105$2,109$30,248
347 ($2,213)$98$2,116$28,133
348 ($2,213)$91$2,122$26,010
Year 30 - 349 ($2,213)$84$2,129$23,881
350 ($2,213)$77$2,136$21,745
351 ($2,213)$70$2,143$19,602
352 ($2,213)$63$2,150$17,452
353 ($2,213)$56$2,157$15,295
354 ($2,213)$49$2,164$13,131
355 ($2,213)$42$2,171$10,960
356 ($2,213)$35$2,178$8,782
357 ($2,213)$28$2,185$6,597
358 ($2,213)$21$2,192$4,405
359 ($2,213)$14$2,199$2,206
360 ($2,213)$7$2,206$0
TOTALS$326,403$470,400$796,803

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.