« Back to all home prices

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 November 30, 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


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

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$2,219 360 $328,342 $798,742

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
Learn more
Next
30 yr fixed mtg, 0 points | APR: 3.750% | Rate: 3.750% | Fees: $0 | 45 day rate lock

NMLS #: 541760
$1,168 /mo
Learn more
Next
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
Learn more
Next
30 yr fixed mtg, 0 points | APR: 3.875% | Rate: 3.875% | Fees: $0 | 30 day rate lock

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

NMLS #: 790396
$1,158 /mo
Learn more
Next
30 yr fixed mtg, 0 points | APR: 3.750% | Rate: 3.750% | Fees: $0 | 30 day rate lock

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

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

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

NMLS #: 1071 | State Lic #: MC-1772
$1,176 /mo
Learn more
Next
30 yr fixed mtg, 0 points | APR: 3.875% | Rate: 3.875% | Fees: $0 | 30 day rate lock

NMLS #: 244476 | State Lic #: MC-5877
$1,176 /mo
Learn more
Next
30 yr fixed mtg, 0 points | APR: 3.875% | Rate: 3.875% | Fees: $0 | 30 day rate lock

NMLS #: 7706
$1,176 /mo
Learn more
Next
30 yr fixed mtg, 0 points | APR: 3.875% | Rate: 3.875% | Fees: $0 | 30 day rate lock

NMLS #: 417490
$1,192 /mo
Learn more
Next
30 yr fixed mtg, 0 points | APR: 3.993% | Rate: 3.990% | Fees: $85 | 30 day rate lock

NMLS #: 181005
$1,194 /mo
Learn more
Next
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  $588,000
Down Payment $117,600$470,400
Year 1 - 1 ($2,219)$1,529$690$469,710
2 ($2,219)$1,527$692$469,018
3 ($2,219)$1,524$694$468,323
4 ($2,219)$1,522$697$467,627
5 ($2,219)$1,520$699$466,928
6 ($2,219)$1,518$701$466,227
7 ($2,219)$1,515$703$465,523
8 ($2,219)$1,513$706$464,817
9 ($2,219)$1,511$708$464,109
10 ($2,219)$1,508$710$463,399
11 ($2,219)$1,506$713$462,686
12 ($2,219)$1,504$715$461,971
Year 2 - 13 ($2,219)$1,501$717$461,254
14 ($2,219)$1,499$720$460,534
15 ($2,219)$1,497$722$459,812
16 ($2,219)$1,494$724$459,088
17 ($2,219)$1,492$727$458,361
18 ($2,219)$1,490$729$457,632
19 ($2,219)$1,487$731$456,901
20 ($2,219)$1,485$734$456,167
21 ($2,219)$1,483$736$455,431
22 ($2,219)$1,480$739$454,692
23 ($2,219)$1,478$741$453,951
24 ($2,219)$1,475$743$453,208
Year 3 - 25 ($2,219)$1,473$746$452,462
26 ($2,219)$1,471$748$451,714
27 ($2,219)$1,468$751$450,963
28 ($2,219)$1,466$753$450,210
29 ($2,219)$1,463$756$449,455
30 ($2,219)$1,461$758$448,697
31 ($2,219)$1,458$760$447,936
32 ($2,219)$1,456$763$447,173
33 ($2,219)$1,453$765$446,408
34 ($2,219)$1,451$768$445,640
35 ($2,219)$1,448$770$444,869
36 ($2,219)$1,446$773$444,097
Year 4 - 37 ($2,219)$1,443$775$443,321
38 ($2,219)$1,441$778$442,543
39 ($2,219)$1,438$780$441,763
40 ($2,219)$1,436$783$440,980
41 ($2,219)$1,433$786$440,194
42 ($2,219)$1,431$788$439,406
43 ($2,219)$1,428$791$438,615
44 ($2,219)$1,426$793$437,822
45 ($2,219)$1,423$796$437,026
46 ($2,219)$1,420$798$436,228
47 ($2,219)$1,418$801$435,427
48 ($2,219)$1,415$804$434,623
Year 5 - 49 ($2,219)$1,413$806$433,817
50 ($2,219)$1,410$809$433,008
51 ($2,219)$1,407$811$432,197
52 ($2,219)$1,405$814$431,383
53 ($2,219)$1,402$817$430,566
54 ($2,219)$1,399$819$429,747
55 ($2,219)$1,397$822$428,925
56 ($2,219)$1,394$825$428,100
57 ($2,219)$1,391$827$427,273
58 ($2,219)$1,389$830$426,442
59 ($2,219)$1,386$833$425,610
60 ($2,219)$1,383$835$424,774
Year 6 - 61 ($2,219)$1,381$838$423,936
62 ($2,219)$1,378$841$423,095
63 ($2,219)$1,375$844$422,251
64 ($2,219)$1,372$846$421,405
65 ($2,219)$1,370$849$420,556
66 ($2,219)$1,367$852$419,704
67 ($2,219)$1,364$855$418,849
68 ($2,219)$1,361$857$417,992
69 ($2,219)$1,358$860$417,131
70 ($2,219)$1,356$863$416,268
71 ($2,219)$1,353$866$415,403
72 ($2,219)$1,350$869$414,534
Year 7 - 73 ($2,219)$1,347$871$413,662
74 ($2,219)$1,344$874$412,788
75 ($2,219)$1,342$877$411,911
76 ($2,219)$1,339$880$411,031
77 ($2,219)$1,336$883$410,148
78 ($2,219)$1,333$886$409,262
79 ($2,219)$1,330$889$408,374
80 ($2,219)$1,327$892$407,482
81 ($2,219)$1,324$894$406,588
82 ($2,219)$1,321$897$405,690
83 ($2,219)$1,318$900$404,790
84 ($2,219)$1,316$903$403,887
Year 8 - 85 ($2,219)$1,313$906$402,981
86 ($2,219)$1,310$909$402,072
87 ($2,219)$1,307$912$401,160
88 ($2,219)$1,304$915$400,245
89 ($2,219)$1,301$918$399,327
90 ($2,219)$1,298$921$398,406
91 ($2,219)$1,295$924$397,482
92 ($2,219)$1,292$927$396,555
93 ($2,219)$1,289$930$395,625
94 ($2,219)$1,286$933$394,692
95 ($2,219)$1,283$936$393,756
96 ($2,219)$1,280$939$392,817
Year 9 - 97 ($2,219)$1,277$942$391,875
98 ($2,219)$1,274$945$390,930
99 ($2,219)$1,271$948$389,982
100 ($2,219)$1,267$951$389,031
101 ($2,219)$1,264$954$388,076
102 ($2,219)$1,261$957$387,119
103 ($2,219)$1,258$961$386,158
104 ($2,219)$1,255$964$385,195
105 ($2,219)$1,252$967$384,228
106 ($2,219)$1,249$970$383,258
107 ($2,219)$1,246$973$382,285
108 ($2,219)$1,242$976$381,308
Year 10 - 109 ($2,219)$1,239$979$380,329
110 ($2,219)$1,236$983$379,346
111 ($2,219)$1,233$986$378,360
112 ($2,219)$1,230$989$377,371
113 ($2,219)$1,226$992$376,379
114 ($2,219)$1,223$995$375,383
115 ($2,219)$1,220$999$374,385
116 ($2,219)$1,217$1,002$373,383
117 ($2,219)$1,213$1,005$372,378
118 ($2,219)$1,210$1,009$371,369
119 ($2,219)$1,207$1,012$370,357
120 ($2,219)$1,204$1,015$369,342
Year 11 - 121 ($2,219)$1,200$1,018$368,324
122 ($2,219)$1,197$1,022$367,302
123 ($2,219)$1,194$1,025$366,277
124 ($2,219)$1,190$1,028$365,249
125 ($2,219)$1,187$1,032$364,217
126 ($2,219)$1,184$1,035$363,182
127 ($2,219)$1,180$1,038$362,144
128 ($2,219)$1,177$1,042$361,102
129 ($2,219)$1,174$1,045$360,057
130 ($2,219)$1,170$1,049$359,008
131 ($2,219)$1,167$1,052$357,956
132 ($2,219)$1,163$1,055$356,901
Year 12 - 133 ($2,219)$1,160$1,059$355,842
134 ($2,219)$1,156$1,062$354,780
135 ($2,219)$1,153$1,066$353,714
136 ($2,219)$1,150$1,069$352,645
137 ($2,219)$1,146$1,073$351,572
138 ($2,219)$1,143$1,076$350,496
139 ($2,219)$1,139$1,080$349,417
140 ($2,219)$1,136$1,083$348,334
141 ($2,219)$1,132$1,087$347,247
142 ($2,219)$1,129$1,090$346,157
143 ($2,219)$1,125$1,094$345,063
144 ($2,219)$1,121$1,097$343,966
Year 13 - 145 ($2,219)$1,118$1,101$342,865
146 ($2,219)$1,114$1,104$341,761
147 ($2,219)$1,111$1,108$340,653
148 ($2,219)$1,107$1,112$339,541
149 ($2,219)$1,104$1,115$338,426
150 ($2,219)$1,100$1,119$337,307
151 ($2,219)$1,096$1,122$336,184
152 ($2,219)$1,093$1,126$335,058
153 ($2,219)$1,089$1,130$333,928
154 ($2,219)$1,085$1,133$332,795
155 ($2,219)$1,082$1,137$331,658
156 ($2,219)$1,078$1,141$330,517
Year 14 - 157 ($2,219)$1,074$1,145$329,373
158 ($2,219)$1,070$1,148$328,224
159 ($2,219)$1,067$1,152$327,072
160 ($2,219)$1,063$1,156$325,916
161 ($2,219)$1,059$1,159$324,757
162 ($2,219)$1,055$1,163$323,594
163 ($2,219)$1,052$1,167$322,427
164 ($2,219)$1,048$1,171$321,256
165 ($2,219)$1,044$1,175$320,081
166 ($2,219)$1,040$1,178$318,903
167 ($2,219)$1,036$1,182$317,720
168 ($2,219)$1,033$1,186$316,534
Year 15 - 169 ($2,219)$1,029$1,190$315,344
170 ($2,219)$1,025$1,194$314,150
171 ($2,219)$1,021$1,198$312,953
172 ($2,219)$1,017$1,202$311,751
173 ($2,219)$1,013$1,206$310,546
174 ($2,219)$1,009$1,209$309,336
175 ($2,219)$1,005$1,213$308,123
176 ($2,219)$1,001$1,217$306,905
177 ($2,219)$997$1,221$305,684
178 ($2,219)$993$1,225$304,459
179 ($2,219)$989$1,229$303,230
180 ($2,219)$985$1,233$301,996
Year 16 - 181 ($2,219)$981$1,237$300,759
182 ($2,219)$977$1,241$299,518
183 ($2,219)$973$1,245$298,273
184 ($2,219)$969$1,249$297,023
185 ($2,219)$965$1,253$295,770
186 ($2,219)$961$1,257$294,512
187 ($2,219)$957$1,262$293,251
188 ($2,219)$953$1,266$291,985
189 ($2,219)$949$1,270$290,715
190 ($2,219)$945$1,274$289,441
191 ($2,219)$941$1,278$288,163
192 ($2,219)$937$1,282$286,881
Year 17 - 193 ($2,219)$932$1,286$285,595
194 ($2,219)$928$1,291$284,304
195 ($2,219)$924$1,295$283,010
196 ($2,219)$920$1,299$281,711
197 ($2,219)$916$1,303$280,407
198 ($2,219)$911$1,307$279,100
199 ($2,219)$907$1,312$277,788
200 ($2,219)$903$1,316$276,472
201 ($2,219)$899$1,320$275,152
202 ($2,219)$894$1,324$273,828
203 ($2,219)$890$1,329$272,499
204 ($2,219)$886$1,333$271,166
Year 18 - 205 ($2,219)$881$1,337$269,828
206 ($2,219)$877$1,342$268,487
207 ($2,219)$873$1,346$267,141
208 ($2,219)$868$1,351$265,790
209 ($2,219)$864$1,355$264,435
210 ($2,219)$859$1,359$263,076
211 ($2,219)$855$1,364$261,712
212 ($2,219)$851$1,368$260,344
213 ($2,219)$846$1,373$258,971
214 ($2,219)$842$1,377$257,594
215 ($2,219)$837$1,382$256,213
216 ($2,219)$833$1,386$254,827
Year 19 - 217 ($2,219)$828$1,391$253,436
218 ($2,219)$824$1,395$252,041
219 ($2,219)$819$1,400$250,641
220 ($2,219)$815$1,404$249,237
221 ($2,219)$810$1,409$247,829
222 ($2,219)$805$1,413$246,415
223 ($2,219)$801$1,418$244,997
224 ($2,219)$796$1,422$243,575
225 ($2,219)$792$1,427$242,148
226 ($2,219)$787$1,432$240,716
227 ($2,219)$782$1,436$239,280
228 ($2,219)$778$1,441$237,839
Year 20 - 229 ($2,219)$773$1,446$236,393
230 ($2,219)$768$1,450$234,942
231 ($2,219)$764$1,455$233,487
232 ($2,219)$759$1,460$232,027
233 ($2,219)$754$1,465$230,563
234 ($2,219)$749$1,469$229,093
235 ($2,219)$745$1,474$227,619
236 ($2,219)$740$1,479$226,140
237 ($2,219)$735$1,484$224,656
238 ($2,219)$730$1,489$223,168
239 ($2,219)$725$1,493$221,674
240 ($2,219)$720$1,498$220,176
Year 21 - 241 ($2,219)$716$1,503$218,673
242 ($2,219)$711$1,508$217,165
243 ($2,219)$706$1,513$215,652
244 ($2,219)$701$1,518$214,134
245 ($2,219)$696$1,523$212,611
246 ($2,219)$691$1,528$211,084
247 ($2,219)$686$1,533$209,551
248 ($2,219)$681$1,538$208,013
249 ($2,219)$676$1,543$206,471
250 ($2,219)$671$1,548$204,923
251 ($2,219)$666$1,553$203,370
252 ($2,219)$661$1,558$201,812
Year 22 - 253 ($2,219)$656$1,563$200,249
254 ($2,219)$651$1,568$198,682
255 ($2,219)$646$1,573$197,109
256 ($2,219)$641$1,578$195,530
257 ($2,219)$635$1,583$193,947
258 ($2,219)$630$1,588$192,359
259 ($2,219)$625$1,594$190,765
260 ($2,219)$620$1,599$189,166
261 ($2,219)$615$1,604$187,563
262 ($2,219)$610$1,609$185,953
263 ($2,219)$604$1,614$184,339
264 ($2,219)$599$1,620$182,719
Year 23 - 265 ($2,219)$594$1,625$181,095
266 ($2,219)$589$1,630$179,464
267 ($2,219)$583$1,635$177,829
268 ($2,219)$578$1,641$176,188
269 ($2,219)$573$1,646$174,542
270 ($2,219)$567$1,651$172,891
271 ($2,219)$562$1,657$171,234
272 ($2,219)$557$1,662$169,571
273 ($2,219)$551$1,668$167,904
274 ($2,219)$546$1,673$166,231
275 ($2,219)$540$1,678$164,552
276 ($2,219)$535$1,684$162,868
Year 24 - 277 ($2,219)$529$1,689$161,179
278 ($2,219)$524$1,695$159,484
279 ($2,219)$518$1,700$157,784
280 ($2,219)$513$1,706$156,078
281 ($2,219)$507$1,711$154,366
282 ($2,219)$502$1,717$152,649
283 ($2,219)$496$1,723$150,927
284 ($2,219)$491$1,728$149,198
285 ($2,219)$485$1,734$147,465
286 ($2,219)$479$1,739$145,725
287 ($2,219)$474$1,745$143,980
288 ($2,219)$468$1,751$142,229
Year 25 - 289 ($2,219)$462$1,756$140,473
290 ($2,219)$457$1,762$138,711
291 ($2,219)$451$1,768$136,943
292 ($2,219)$445$1,774$135,169
293 ($2,219)$439$1,779$133,390
294 ($2,219)$434$1,785$131,604
295 ($2,219)$428$1,791$129,813
296 ($2,219)$422$1,797$128,016
297 ($2,219)$416$1,803$126,214
298 ($2,219)$410$1,809$124,405
299 ($2,219)$404$1,814$122,591
300 ($2,219)$398$1,820$120,771
Year 26 - 301 ($2,219)$393$1,826$118,944
302 ($2,219)$387$1,832$117,112
303 ($2,219)$381$1,838$115,274
304 ($2,219)$375$1,844$113,430
305 ($2,219)$369$1,850$111,580
306 ($2,219)$363$1,856$109,724
307 ($2,219)$357$1,862$107,862
308 ($2,219)$351$1,868$105,993
309 ($2,219)$344$1,874$104,119
310 ($2,219)$338$1,880$102,239
311 ($2,219)$332$1,886$100,352
312 ($2,219)$326$1,893$98,460
Year 27 - 313 ($2,219)$320$1,899$96,561
314 ($2,219)$314$1,905$94,656
315 ($2,219)$308$1,911$92,745
316 ($2,219)$301$1,917$90,828
317 ($2,219)$295$1,924$88,904
318 ($2,219)$289$1,930$86,974
319 ($2,219)$283$1,936$85,038
320 ($2,219)$276$1,942$83,096
321 ($2,219)$270$1,949$81,147
322 ($2,219)$264$1,955$79,192
323 ($2,219)$257$1,961$77,231
324 ($2,219)$251$1,968$75,263
Year 28 - 325 ($2,219)$245$1,974$73,289
326 ($2,219)$238$1,981$71,309
327 ($2,219)$232$1,987$69,322
328 ($2,219)$225$1,993$67,328
329 ($2,219)$219$2,000$65,328
330 ($2,219)$212$2,006$63,322
331 ($2,219)$206$2,013$61,309
332 ($2,219)$199$2,019$59,290
333 ($2,219)$193$2,026$57,264
334 ($2,219)$186$2,033$55,231
335 ($2,219)$180$2,039$53,192
336 ($2,219)$173$2,046$51,146
Year 29 - 337 ($2,219)$166$2,053$49,093
338 ($2,219)$160$2,059$47,034
339 ($2,219)$153$2,066$44,968
340 ($2,219)$146$2,073$42,896
341 ($2,219)$139$2,079$40,816
342 ($2,219)$133$2,086$38,730
343 ($2,219)$126$2,093$36,637
344 ($2,219)$119$2,100$34,538
345 ($2,219)$112$2,106$32,431
346 ($2,219)$105$2,113$30,318
347 ($2,219)$99$2,120$28,198
348 ($2,219)$92$2,127$26,071
Year 30 - 349 ($2,219)$85$2,134$23,937
350 ($2,219)$78$2,141$21,796
351 ($2,219)$71$2,148$19,648
352 ($2,219)$64$2,155$17,493
353 ($2,219)$57$2,162$15,331
354 ($2,219)$50$2,169$13,162
355 ($2,219)$43$2,176$10,986
356 ($2,219)$36$2,183$8,803
357 ($2,219)$29$2,190$6,613
358 ($2,219)$21$2,197$4,416
359 ($2,219)$14$2,204$2,212
360 ($2,219)$7$2,212$0
TOTALS$328,342$470,400$798,742

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.