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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 September 21, 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


3.83% is current rate for 30-year fixed
3.13% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$224 360 $32,813 $80,813

Mortgage Providers

Choose a lender below and lock in your estimated payment of $1,169 or less (zip code: 20149)


NMLS #: 66247 Cardinal Financial | State Lic #: MC-1825
$1,158 /mo
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30 yr fixed mtg, 0 points | APR: 3.764% | Rate: 3.750% | Fees: $432 | 30 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 #: 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

NMLS #: 417490
$1,176 /mo
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30 yr fixed mtg, 0 points | APR: 3.880% | Rate: 3.875% | Fees: $155 | 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 ($224)$153$71$47,929
2 ($224)$153$72$47,857
3 ($224)$153$72$47,785
4 ($224)$153$72$47,714
5 ($224)$152$72$47,641
6 ($224)$152$72$47,569
7 ($224)$152$73$47,496
8 ($224)$152$73$47,423
9 ($224)$151$73$47,350
10 ($224)$151$73$47,277
11 ($224)$151$74$47,203
12 ($224)$151$74$47,129
Year 2 - 13 ($224)$150$74$47,055
14 ($224)$150$74$46,981
15 ($224)$150$75$46,907
16 ($224)$150$75$46,832
17 ($224)$149$75$46,757
18 ($224)$149$75$46,682
19 ($224)$149$75$46,606
20 ($224)$149$76$46,530
21 ($224)$149$76$46,454
22 ($224)$148$76$46,378
23 ($224)$148$76$46,302
24 ($224)$148$77$46,225
Year 3 - 25 ($224)$148$77$46,148
26 ($224)$147$77$46,071
27 ($224)$147$77$45,993
28 ($224)$147$78$45,916
29 ($224)$147$78$45,838
30 ($224)$146$78$45,760
31 ($224)$146$78$45,681
32 ($224)$146$79$45,603
33 ($224)$146$79$45,524
34 ($224)$145$79$45,444
35 ($224)$145$79$45,365
36 ($224)$145$80$45,285
Year 4 - 37 ($224)$145$80$45,205
38 ($224)$144$80$45,125
39 ($224)$144$80$45,045
40 ($224)$144$81$44,964
41 ($224)$144$81$44,883
42 ($224)$143$81$44,802
43 ($224)$143$81$44,720
44 ($224)$143$82$44,639
45 ($224)$142$82$44,557
46 ($224)$142$82$44,474
47 ($224)$142$83$44,392
48 ($224)$142$83$44,309
Year 5 - 49 ($224)$141$83$44,226
50 ($224)$141$83$44,143
51 ($224)$141$84$44,059
52 ($224)$141$84$43,975
53 ($224)$140$84$43,891
54 ($224)$140$84$43,807
55 ($224)$140$85$43,722
56 ($224)$140$85$43,637
57 ($224)$139$85$43,552
58 ($224)$139$85$43,466
59 ($224)$139$86$43,381
60 ($224)$138$86$43,294
Year 6 - 61 ($224)$138$86$43,208
62 ($224)$138$87$43,122
63 ($224)$138$87$43,035
64 ($224)$137$87$42,948
65 ($224)$137$87$42,860
66 ($224)$137$88$42,773
67 ($224)$137$88$42,685
68 ($224)$136$88$42,596
69 ($224)$136$89$42,508
70 ($224)$136$89$42,419
71 ($224)$135$89$42,330
72 ($224)$135$89$42,241
Year 7 - 73 ($224)$135$90$42,151
74 ($224)$135$90$42,061
75 ($224)$134$90$41,971
76 ($224)$134$91$41,880
77 ($224)$134$91$41,789
78 ($224)$133$91$41,698
79 ($224)$133$91$41,607
80 ($224)$133$92$41,515
81 ($224)$133$92$41,423
82 ($224)$132$92$41,331
83 ($224)$132$93$41,238
84 ($224)$132$93$41,146
Year 8 - 85 ($224)$131$93$41,052
86 ($224)$131$93$40,959
87 ($224)$131$94$40,865
88 ($224)$130$94$40,771
89 ($224)$130$94$40,677
90 ($224)$130$95$40,582
91 ($224)$130$95$40,487
92 ($224)$129$95$40,392
93 ($224)$129$96$40,296
94 ($224)$129$96$40,200
95 ($224)$128$96$40,104
96 ($224)$128$96$40,008
Year 9 - 97 ($224)$128$97$39,911
98 ($224)$127$97$39,814
99 ($224)$127$97$39,716
100 ($224)$127$98$39,619
101 ($224)$126$98$39,521
102 ($224)$126$98$39,422
103 ($224)$126$99$39,324
104 ($224)$126$99$39,225
105 ($224)$125$99$39,125
106 ($224)$125$100$39,026
107 ($224)$125$100$38,926
108 ($224)$124$100$38,826
Year 10 - 109 ($224)$124$101$38,725
110 ($224)$124$101$38,624
111 ($224)$123$101$38,523
112 ($224)$123$102$38,422
113 ($224)$123$102$38,320
114 ($224)$122$102$38,218
115 ($224)$122$103$38,115
116 ($224)$122$103$38,012
117 ($224)$121$103$37,909
118 ($224)$121$103$37,806
119 ($224)$121$104$37,702
120 ($224)$120$104$37,598
Year 11 - 121 ($224)$120$104$37,493
122 ($224)$120$105$37,388
123 ($224)$119$105$37,283
124 ($224)$119$105$37,178
125 ($224)$119$106$37,072
126 ($224)$118$106$36,966
127 ($224)$118$106$36,859
128 ($224)$118$107$36,752
129 ($224)$117$107$36,645
130 ($224)$117$108$36,538
131 ($224)$117$108$36,430
132 ($224)$116$108$36,322
Year 12 - 133 ($224)$116$109$36,213
134 ($224)$116$109$36,104
135 ($224)$115$109$35,995
136 ($224)$115$110$35,885
137 ($224)$115$110$35,775
138 ($224)$114$110$35,665
139 ($224)$114$111$35,554
140 ($224)$113$111$35,443
141 ($224)$113$111$35,332
142 ($224)$113$112$35,220
143 ($224)$112$112$35,108
144 ($224)$112$112$34,996
Year 13 - 145 ($224)$112$113$34,883
146 ($224)$111$113$34,770
147 ($224)$111$114$34,656
148 ($224)$111$114$34,542
149 ($224)$110$114$34,428
150 ($224)$110$115$34,314
151 ($224)$110$115$34,199
152 ($224)$109$115$34,083
153 ($224)$109$116$33,968
154 ($224)$108$116$33,852
155 ($224)$108$116$33,735
156 ($224)$108$117$33,618
Year 14 - 157 ($224)$107$117$33,501
158 ($224)$107$118$33,384
159 ($224)$107$118$33,266
160 ($224)$106$118$33,147
161 ($224)$106$119$33,029
162 ($224)$105$119$32,910
163 ($224)$105$119$32,790
164 ($224)$105$120$32,670
165 ($224)$104$120$32,550
166 ($224)$104$121$32,430
167 ($224)$104$121$32,309
168 ($224)$103$121$32,187
Year 15 - 169 ($224)$103$122$32,065
170 ($224)$102$122$31,943
171 ($224)$102$123$31,821
172 ($224)$102$123$31,698
173 ($224)$101$123$31,575
174 ($224)$101$124$31,451
175 ($224)$100$124$31,327
176 ($224)$100$124$31,202
177 ($224)$100$125$31,077
178 ($224)$99$125$30,952
179 ($224)$99$126$30,826
180 ($224)$98$126$30,700
Year 16 - 181 ($224)$98$126$30,574
182 ($224)$98$127$30,447
183 ($224)$97$127$30,320
184 ($224)$97$128$30,192
185 ($224)$96$128$30,064
186 ($224)$96$129$29,935
187 ($224)$96$129$29,806
188 ($224)$95$129$29,677
189 ($224)$95$130$29,547
190 ($224)$94$130$29,417
191 ($224)$94$131$29,286
192 ($224)$93$131$29,155
Year 17 - 193 ($224)$93$131$29,024
194 ($224)$93$132$28,892
195 ($224)$92$132$28,760
196 ($224)$92$133$28,627
197 ($224)$91$133$28,494
198 ($224)$91$134$28,361
199 ($224)$91$134$28,227
200 ($224)$90$134$28,092
201 ($224)$90$135$27,957
202 ($224)$89$135$27,822
203 ($224)$89$136$27,686
204 ($224)$88$136$27,550
Year 18 - 205 ($224)$88$137$27,414
206 ($224)$87$137$27,277
207 ($224)$87$137$27,139
208 ($224)$87$138$27,002
209 ($224)$86$138$26,863
210 ($224)$86$139$26,725
211 ($224)$85$139$26,585
212 ($224)$85$140$26,446
213 ($224)$84$140$26,306
214 ($224)$84$141$26,165
215 ($224)$84$141$26,024
216 ($224)$83$141$25,883
Year 19 - 217 ($224)$83$142$25,741
218 ($224)$82$142$25,599
219 ($224)$82$143$25,456
220 ($224)$81$143$25,313
221 ($224)$81$144$25,169
222 ($224)$80$144$25,025
223 ($224)$80$145$24,880
224 ($224)$79$145$24,735
225 ($224)$79$146$24,589
226 ($224)$78$146$24,443
227 ($224)$78$146$24,297
228 ($224)$78$147$24,150
Year 20 - 229 ($224)$77$147$24,003
230 ($224)$77$148$23,855
231 ($224)$76$148$23,706
232 ($224)$76$149$23,558
233 ($224)$75$149$23,408
234 ($224)$75$150$23,259
235 ($224)$74$150$23,108
236 ($224)$74$151$22,958
237 ($224)$73$151$22,806
238 ($224)$73$152$22,655
239 ($224)$72$152$22,503
240 ($224)$72$153$22,350
Year 21 - 241 ($224)$71$153$22,197
242 ($224)$71$154$22,043
243 ($224)$70$154$21,889
244 ($224)$70$155$21,734
245 ($224)$69$155$21,579
246 ($224)$69$156$21,424
247 ($224)$68$156$21,268
248 ($224)$68$157$21,111
249 ($224)$67$157$20,954
250 ($224)$67$158$20,796
251 ($224)$66$158$20,638
252 ($224)$66$159$20,479
Year 22 - 253 ($224)$65$159$20,320
254 ($224)$65$160$20,161
255 ($224)$64$160$20,001
256 ($224)$64$161$19,840
257 ($224)$63$161$19,679
258 ($224)$63$162$19,517
259 ($224)$62$162$19,355
260 ($224)$62$163$19,192
261 ($224)$61$163$19,029
262 ($224)$61$164$18,865
263 ($224)$60$164$18,701
264 ($224)$60$165$18,536
Year 23 - 265 ($224)$59$165$18,371
266 ($224)$59$166$18,205
267 ($224)$58$166$18,039
268 ($224)$58$167$17,872
269 ($224)$57$167$17,704
270 ($224)$57$168$17,536
271 ($224)$56$169$17,368
272 ($224)$55$169$17,199
273 ($224)$55$170$17,029
274 ($224)$54$170$16,859
275 ($224)$54$171$16,688
276 ($224)$53$171$16,517
Year 24 - 277 ($224)$53$172$16,345
278 ($224)$52$172$16,173
279 ($224)$52$173$16,000
280 ($224)$51$173$15,827
281 ($224)$51$174$15,653
282 ($224)$50$175$15,478
283 ($224)$49$175$15,303
284 ($224)$49$176$15,128
285 ($224)$48$176$14,951
286 ($224)$48$177$14,775
287 ($224)$47$177$14,597
288 ($224)$47$178$14,419
Year 25 - 289 ($224)$46$178$14,241
290 ($224)$45$179$14,062
291 ($224)$45$180$13,882
292 ($224)$44$180$13,702
293 ($224)$44$181$13,521
294 ($224)$43$181$13,340
295 ($224)$43$182$13,158
296 ($224)$42$182$12,976
297 ($224)$41$183$12,793
298 ($224)$41$184$12,609
299 ($224)$40$184$12,425
300 ($224)$40$185$12,240
Year 26 - 301 ($224)$39$185$12,055
302 ($224)$38$186$11,869
303 ($224)$38$187$11,682
304 ($224)$37$187$11,495
305 ($224)$37$188$11,307
306 ($224)$36$188$11,119
307 ($224)$35$189$10,930
308 ($224)$35$190$10,740
309 ($224)$34$190$10,550
310 ($224)$34$191$10,359
311 ($224)$33$191$10,168
312 ($224)$32$192$9,976
Year 27 - 313 ($224)$32$193$9,783
314 ($224)$31$193$9,590
315 ($224)$31$194$9,396
316 ($224)$30$194$9,201
317 ($224)$29$195$9,006
318 ($224)$29$196$8,810
319 ($224)$28$196$8,614
320 ($224)$27$197$8,417
321 ($224)$27$198$8,219
322 ($224)$26$198$8,021
323 ($224)$26$199$7,822
324 ($224)$25$200$7,623
Year 28 - 325 ($224)$24$200$7,423
326 ($224)$24$201$7,222
327 ($224)$23$201$7,020
328 ($224)$22$202$6,818
329 ($224)$22$203$6,616
330 ($224)$21$203$6,412
331 ($224)$20$204$6,208
332 ($224)$20$205$6,004
333 ($224)$19$205$5,798
334 ($224)$19$206$5,592
335 ($224)$18$207$5,386
336 ($224)$17$207$5,178
Year 29 - 337 ($224)$17$208$4,970
338 ($224)$16$209$4,762
339 ($224)$15$209$4,553
340 ($224)$15$210$4,343
341 ($224)$14$211$4,132
342 ($224)$13$211$3,921
343 ($224)$13$212$3,709
344 ($224)$12$213$3,496
345 ($224)$11$213$3,283
346 ($224)$10$214$3,069
347 ($224)$10$215$2,854
348 ($224)$9$215$2,639
Year 30 - 349 ($224)$8$216$2,423
350 ($224)$8$217$2,206
351 ($224)$7$217$1,988
352 ($224)$6$218$1,770
353 ($224)$6$219$1,551
354 ($224)$5$220$1,332
355 ($224)$4$220$1,112
356 ($224)$4$221$891
357 ($224)$3$222$669
358 ($224)$2$222$447
359 ($224)$1$223$224
360 ($224)$1$224$0
TOTALS$32,813$48,000$80,813

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.