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Mortgage Payment Schedule for a $60,000 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 23, 2017. Check LendingTree to see current rates from multiple lenders or view the mortgage providers listed below.

Mortgage Parameters


Less than 20% ($12,000) may require pre-mortgage insurance


3.92% is current rate for 30-year fixed
3.32% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$227 360 $33,702 $81,702

Mortgage Providers

Choose a lender below and lock in your estimated payment of $1,182 or less (zip code: 20149)


NMLS #: 66247 | State Lic #: MC-1825
$1,140 /mo
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30 yr fixed mtg, 0 points | APR: 3.689% | Rate: 3.625% | Fees: $1,962 | 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 #: 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 #: 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 #: 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 #: 424182
$1,158 /mo
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30 yr fixed mtg, 0 points | APR: 3.780% | Rate: 3.750% | Fees: $909 | 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: $962 | 30 day rate lock

NMLS #: 7706
$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
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  $60,000
Down Payment $12,000$48,000
Year 1 - 1 ($227)$157$70$47,930
2 ($227)$157$70$47,859
3 ($227)$156$71$47,789
4 ($227)$156$71$47,718
5 ($227)$156$71$47,647
6 ($227)$156$71$47,576
7 ($227)$155$72$47,504
8 ($227)$155$72$47,432
9 ($227)$155$72$47,360
10 ($227)$155$72$47,288
11 ($227)$154$72$47,216
12 ($227)$154$73$47,143
Year 2 - 13 ($227)$154$73$47,070
14 ($227)$154$73$46,997
15 ($227)$154$73$46,923
16 ($227)$153$74$46,850
17 ($227)$153$74$46,776
18 ($227)$153$74$46,702
19 ($227)$153$74$46,627
20 ($227)$152$75$46,553
21 ($227)$152$75$46,478
22 ($227)$152$75$46,403
23 ($227)$152$75$46,327
24 ($227)$151$76$46,252
Year 3 - 25 ($227)$151$76$46,176
26 ($227)$151$76$46,100
27 ($227)$151$76$46,023
28 ($227)$150$77$45,947
29 ($227)$150$77$45,870
30 ($227)$150$77$45,793
31 ($227)$150$77$45,715
32 ($227)$149$78$45,638
33 ($227)$149$78$45,560
34 ($227)$149$78$45,482
35 ($227)$149$78$45,403
36 ($227)$148$79$45,325
Year 4 - 37 ($227)$148$79$45,246
38 ($227)$148$79$45,167
39 ($227)$148$79$45,087
40 ($227)$147$80$45,008
41 ($227)$147$80$44,928
42 ($227)$147$80$44,847
43 ($227)$147$80$44,767
44 ($227)$146$81$44,686
45 ($227)$146$81$44,605
46 ($227)$146$81$44,524
47 ($227)$145$82$44,443
48 ($227)$145$82$44,361
Year 5 - 49 ($227)$145$82$44,279
50 ($227)$145$82$44,196
51 ($227)$144$83$44,114
52 ($227)$144$83$44,031
53 ($227)$144$83$43,948
54 ($227)$144$83$43,865
55 ($227)$143$84$43,781
56 ($227)$143$84$43,697
57 ($227)$143$84$43,613
58 ($227)$142$84$43,528
59 ($227)$142$85$43,444
60 ($227)$142$85$43,358
Year 6 - 61 ($227)$142$85$43,273
62 ($227)$141$86$43,188
63 ($227)$141$86$43,102
64 ($227)$141$86$43,016
65 ($227)$141$86$42,929
66 ($227)$140$87$42,842
67 ($227)$140$87$42,755
68 ($227)$140$87$42,668
69 ($227)$139$88$42,581
70 ($227)$139$88$42,493
71 ($227)$139$88$42,405
72 ($227)$139$88$42,316
Year 7 - 73 ($227)$138$89$42,227
74 ($227)$138$89$42,138
75 ($227)$138$89$42,049
76 ($227)$137$90$41,959
77 ($227)$137$90$41,870
78 ($227)$137$90$41,779
79 ($227)$136$90$41,689
80 ($227)$136$91$41,598
81 ($227)$136$91$41,507
82 ($227)$136$91$41,416
83 ($227)$135$92$41,324
84 ($227)$135$92$41,232
Year 8 - 85 ($227)$135$92$41,140
86 ($227)$134$93$41,047
87 ($227)$134$93$40,954
88 ($227)$134$93$40,861
89 ($227)$133$93$40,768
90 ($227)$133$94$40,674
91 ($227)$133$94$40,580
92 ($227)$133$94$40,486
93 ($227)$132$95$40,391
94 ($227)$132$95$40,296
95 ($227)$132$95$40,201
96 ($227)$131$96$40,105
Year 9 - 97 ($227)$131$96$40,009
98 ($227)$131$96$39,913
99 ($227)$130$97$39,816
100 ($227)$130$97$39,719
101 ($227)$130$97$39,622
102 ($227)$129$98$39,525
103 ($227)$129$98$39,427
104 ($227)$129$98$39,329
105 ($227)$128$98$39,230
106 ($227)$128$99$39,131
107 ($227)$128$99$39,032
108 ($227)$128$99$38,933
Year 10 - 109 ($227)$127$100$38,833
110 ($227)$127$100$38,733
111 ($227)$127$100$38,632
112 ($227)$126$101$38,532
113 ($227)$126$101$38,431
114 ($227)$126$101$38,329
115 ($227)$125$102$38,227
116 ($227)$125$102$38,125
117 ($227)$125$102$38,023
118 ($227)$124$103$37,920
119 ($227)$124$103$37,817
120 ($227)$124$103$37,714
Year 11 - 121 ($227)$123$104$37,610
122 ($227)$123$104$37,506
123 ($227)$123$104$37,401
124 ($227)$122$105$37,297
125 ($227)$122$105$37,192
126 ($227)$121$105$37,086
127 ($227)$121$106$36,980
128 ($227)$121$106$36,874
129 ($227)$120$106$36,768
130 ($227)$120$107$36,661
131 ($227)$120$107$36,554
132 ($227)$119$108$36,446
Year 12 - 133 ($227)$119$108$36,338
134 ($227)$119$108$36,230
135 ($227)$118$109$36,121
136 ($227)$118$109$36,012
137 ($227)$118$109$35,903
138 ($227)$117$110$35,793
139 ($227)$117$110$35,683
140 ($227)$117$110$35,573
141 ($227)$116$111$35,462
142 ($227)$116$111$35,351
143 ($227)$115$111$35,240
144 ($227)$115$112$35,128
Year 13 - 145 ($227)$115$112$35,016
146 ($227)$114$113$34,903
147 ($227)$114$113$34,790
148 ($227)$114$113$34,677
149 ($227)$113$114$34,563
150 ($227)$113$114$34,449
151 ($227)$113$114$34,335
152 ($227)$112$115$34,220
153 ($227)$112$115$34,105
154 ($227)$111$116$33,989
155 ($227)$111$116$33,873
156 ($227)$111$116$33,757
Year 14 - 157 ($227)$110$117$33,640
158 ($227)$110$117$33,523
159 ($227)$110$117$33,406
160 ($227)$109$118$33,288
161 ($227)$109$118$33,170
162 ($227)$108$119$33,051
163 ($227)$108$119$32,932
164 ($227)$108$119$32,813
165 ($227)$107$120$32,693
166 ($227)$107$120$32,573
167 ($227)$106$121$32,452
168 ($227)$106$121$32,331
Year 15 - 169 ($227)$106$121$32,210
170 ($227)$105$122$32,088
171 ($227)$105$122$31,966
172 ($227)$104$123$31,844
173 ($227)$104$123$31,721
174 ($227)$104$123$31,597
175 ($227)$103$124$31,474
176 ($227)$103$124$31,350
177 ($227)$102$125$31,225
178 ($227)$102$125$31,100
179 ($227)$102$125$30,975
180 ($227)$101$126$30,849
Year 16 - 181 ($227)$101$126$30,723
182 ($227)$100$127$30,596
183 ($227)$100$127$30,469
184 ($227)$100$127$30,342
185 ($227)$99$128$30,214
186 ($227)$99$128$30,086
187 ($227)$98$129$29,957
188 ($227)$98$129$29,828
189 ($227)$97$130$29,698
190 ($227)$97$130$29,568
191 ($227)$97$130$29,438
192 ($227)$96$131$29,307
Year 17 - 193 ($227)$96$131$29,176
194 ($227)$95$132$29,044
195 ($227)$95$132$28,912
196 ($227)$94$133$28,780
197 ($227)$94$133$28,647
198 ($227)$94$133$28,514
199 ($227)$93$134$28,380
200 ($227)$93$134$28,246
201 ($227)$92$135$28,111
202 ($227)$92$135$27,976
203 ($227)$91$136$27,840
204 ($227)$91$136$27,704
Year 18 - 205 ($227)$91$136$27,568
206 ($227)$90$137$27,431
207 ($227)$90$137$27,293
208 ($227)$89$138$27,156
209 ($227)$89$138$27,017
210 ($227)$88$139$26,879
211 ($227)$88$139$26,740
212 ($227)$87$140$26,600
213 ($227)$87$140$26,460
214 ($227)$86$141$26,319
215 ($227)$86$141$26,178
216 ($227)$86$141$26,037
Year 19 - 217 ($227)$85$142$25,895
218 ($227)$85$142$25,753
219 ($227)$84$143$25,610
220 ($227)$84$143$25,467
221 ($227)$83$144$25,323
222 ($227)$83$144$25,179
223 ($227)$82$145$25,034
224 ($227)$82$145$24,889
225 ($227)$81$146$24,743
226 ($227)$81$146$24,597
227 ($227)$80$147$24,450
228 ($227)$80$147$24,303
Year 20 - 229 ($227)$79$148$24,156
230 ($227)$79$148$24,008
231 ($227)$78$149$23,859
232 ($227)$78$149$23,710
233 ($227)$77$149$23,561
234 ($227)$77$150$23,411
235 ($227)$76$150$23,260
236 ($227)$76$151$23,109
237 ($227)$75$151$22,958
238 ($227)$75$152$22,806
239 ($227)$74$152$22,653
240 ($227)$74$153$22,500
Year 21 - 241 ($227)$74$153$22,347
242 ($227)$73$154$22,193
243 ($227)$72$154$22,039
244 ($227)$72$155$21,884
245 ($227)$71$155$21,728
246 ($227)$71$156$21,572
247 ($227)$70$156$21,416
248 ($227)$70$157$21,259
249 ($227)$69$158$21,101
250 ($227)$69$158$20,943
251 ($227)$68$159$20,785
252 ($227)$68$159$20,626
Year 22 - 253 ($227)$67$160$20,466
254 ($227)$67$160$20,306
255 ($227)$66$161$20,145
256 ($227)$66$161$19,984
257 ($227)$65$162$19,822
258 ($227)$65$162$19,660
259 ($227)$64$163$19,498
260 ($227)$64$163$19,334
261 ($227)$63$164$19,170
262 ($227)$63$164$19,006
263 ($227)$62$165$18,841
264 ($227)$62$165$18,676
Year 23 - 265 ($227)$61$166$18,510
266 ($227)$60$166$18,343
267 ($227)$60$167$18,176
268 ($227)$59$168$18,009
269 ($227)$59$168$17,841
270 ($227)$58$169$17,672
271 ($227)$58$169$17,503
272 ($227)$57$170$17,333
273 ($227)$57$170$17,163
274 ($227)$56$171$16,992
275 ($227)$56$171$16,820
276 ($227)$55$172$16,648
Year 24 - 277 ($227)$54$173$16,476
278 ($227)$54$173$16,303
279 ($227)$53$174$16,129
280 ($227)$53$174$15,955
281 ($227)$52$175$15,780
282 ($227)$52$175$15,605
283 ($227)$51$176$15,429
284 ($227)$50$177$15,252
285 ($227)$50$177$15,075
286 ($227)$49$178$14,897
287 ($227)$49$178$14,719
288 ($227)$48$179$14,540
Year 25 - 289 ($227)$47$179$14,361
290 ($227)$47$180$14,180
291 ($227)$46$181$14,000
292 ($227)$46$181$13,819
293 ($227)$45$182$13,637
294 ($227)$45$182$13,454
295 ($227)$44$183$13,271
296 ($227)$43$184$13,088
297 ($227)$43$184$12,904
298 ($227)$42$185$12,719
299 ($227)$42$185$12,533
300 ($227)$41$186$12,347
Year 26 - 301 ($227)$40$187$12,161
302 ($227)$40$187$11,974
303 ($227)$39$188$11,786
304 ($227)$39$188$11,597
305 ($227)$38$189$11,408
306 ($227)$37$190$11,219
307 ($227)$37$190$11,028
308 ($227)$36$191$10,837
309 ($227)$35$192$10,646
310 ($227)$35$192$10,454
311 ($227)$34$193$10,261
312 ($227)$34$193$10,067
Year 27 - 313 ($227)$33$194$9,873
314 ($227)$32$195$9,679
315 ($227)$32$195$9,483
316 ($227)$31$196$9,287
317 ($227)$30$197$9,091
318 ($227)$30$197$8,893
319 ($227)$29$198$8,696
320 ($227)$28$199$8,497
321 ($227)$28$199$8,298
322 ($227)$27$200$8,098
323 ($227)$26$200$7,897
324 ($227)$26$201$7,696
Year 28 - 325 ($227)$25$202$7,494
326 ($227)$24$202$7,292
327 ($227)$24$203$7,089
328 ($227)$23$204$6,885
329 ($227)$22$204$6,681
330 ($227)$22$205$6,475
331 ($227)$21$206$6,270
332 ($227)$20$206$6,063
333 ($227)$20$207$5,856
334 ($227)$19$208$5,648
335 ($227)$18$209$5,440
336 ($227)$18$209$5,231
Year 29 - 337 ($227)$17$210$5,021
338 ($227)$16$211$4,810
339 ($227)$16$211$4,599
340 ($227)$15$212$4,387
341 ($227)$14$213$4,174
342 ($227)$14$213$3,961
343 ($227)$13$214$3,747
344 ($227)$12$215$3,532
345 ($227)$12$215$3,317
346 ($227)$11$216$3,101
347 ($227)$10$217$2,884
348 ($227)$9$218$2,666
Year 30 - 349 ($227)$9$218$2,448
350 ($227)$8$219$2,229
351 ($227)$7$220$2,010
352 ($227)$7$220$1,789
353 ($227)$6$221$1,568
354 ($227)$5$222$1,346
355 ($227)$4$223$1,124
356 ($227)$4$223$900
357 ($227)$3$224$676
358 ($227)$2$225$452
359 ($227)$1$225$226
360 ($227)$1$226$0
TOTALS$33,702$48,000$81,702

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.