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Mortgage Payment Schedule for a $88,000 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 25, 2017. Check Lending Tree to see current rates from multiple lenders.

Mortgage Parameters


Less than 20% ($17,600) may require pre-mortgage insurance


3.95% is current rate for 30-year fixed
3.19% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$334 360 $49,867 $120,267

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $88,000
Down Payment $17,600$70,400
Year 1 - 1 ($334)$232$102$70,298
2 ($334)$231$103$70,195
3 ($334)$231$103$70,092
4 ($334)$231$103$69,989
5 ($334)$230$104$69,885
6 ($334)$230$104$69,781
7 ($334)$230$104$69,677
8 ($334)$229$105$69,572
9 ($334)$229$105$69,467
10 ($334)$229$105$69,361
11 ($334)$228$106$69,256
12 ($334)$228$106$69,149
Year 2 - 13 ($334)$228$106$69,043
14 ($334)$227$107$68,936
15 ($334)$227$107$68,829
16 ($334)$227$108$68,721
17 ($334)$226$108$68,614
18 ($334)$226$108$68,505
19 ($334)$225$109$68,397
20 ($334)$225$109$68,288
21 ($334)$225$109$68,179
22 ($334)$224$110$68,069
23 ($334)$224$110$67,959
24 ($334)$224$110$67,849
Year 3 - 25 ($334)$223$111$67,738
26 ($334)$223$111$67,627
27 ($334)$223$111$67,515
28 ($334)$222$112$67,403
29 ($334)$222$112$67,291
30 ($334)$222$113$67,179
31 ($334)$221$113$67,066
32 ($334)$221$113$66,952
33 ($334)$220$114$66,839
34 ($334)$220$114$66,725
35 ($334)$220$114$66,610
36 ($334)$219$115$66,495
Year 4 - 37 ($334)$219$115$66,380
38 ($334)$219$116$66,265
39 ($334)$218$116$66,149
40 ($334)$218$116$66,032
41 ($334)$217$117$65,916
42 ($334)$217$117$65,798
43 ($334)$217$117$65,681
44 ($334)$216$118$65,563
45 ($334)$216$118$65,445
46 ($334)$215$119$65,326
47 ($334)$215$119$65,207
48 ($334)$215$119$65,088
Year 5 - 49 ($334)$214$120$64,968
50 ($334)$214$120$64,848
51 ($334)$213$121$64,727
52 ($334)$213$121$64,606
53 ($334)$213$121$64,485
54 ($334)$212$122$64,363
55 ($334)$212$122$64,241
56 ($334)$211$123$64,118
57 ($334)$211$123$63,995
58 ($334)$211$123$63,872
59 ($334)$210$124$63,748
60 ($334)$210$124$63,623
Year 6 - 61 ($334)$209$125$63,499
62 ($334)$209$125$63,374
63 ($334)$209$125$63,248
64 ($334)$208$126$63,122
65 ($334)$208$126$62,996
66 ($334)$207$127$62,869
67 ($334)$207$127$62,742
68 ($334)$207$128$62,615
69 ($334)$206$128$62,487
70 ($334)$206$128$62,358
71 ($334)$205$129$62,230
72 ($334)$205$129$62,100
Year 7 - 73 ($334)$204$130$61,971
74 ($334)$204$130$61,841
75 ($334)$204$131$61,710
76 ($334)$203$131$61,579
77 ($334)$203$131$61,448
78 ($334)$202$132$61,316
79 ($334)$202$132$61,184
80 ($334)$201$133$61,051
81 ($334)$201$133$60,918
82 ($334)$201$134$60,784
83 ($334)$200$134$60,650
84 ($334)$200$134$60,516
Year 8 - 85 ($334)$199$135$60,381
86 ($334)$199$135$60,246
87 ($334)$198$136$60,110
88 ($334)$198$136$59,974
89 ($334)$197$137$59,837
90 ($334)$197$137$59,700
91 ($334)$197$138$59,562
92 ($334)$196$138$59,424
93 ($334)$196$138$59,286
94 ($334)$195$139$59,147
95 ($334)$195$139$59,008
96 ($334)$194$140$58,868
Year 9 - 97 ($334)$194$140$58,728
98 ($334)$193$141$58,587
99 ($334)$193$141$58,446
100 ($334)$192$142$58,304
101 ($334)$192$142$58,162
102 ($334)$191$143$58,019
103 ($334)$191$143$57,876
104 ($334)$191$144$57,732
105 ($334)$190$144$57,588
106 ($334)$190$145$57,444
107 ($334)$189$145$57,299
108 ($334)$189$145$57,153
Year 10 - 109 ($334)$188$146$57,007
110 ($334)$188$146$56,861
111 ($334)$187$147$56,714
112 ($334)$187$147$56,567
113 ($334)$186$148$56,419
114 ($334)$186$148$56,270
115 ($334)$185$149$56,122
116 ($334)$185$149$55,972
117 ($334)$184$150$55,822
118 ($334)$184$150$55,672
119 ($334)$183$151$55,521
120 ($334)$183$151$55,370
Year 11 - 121 ($334)$182$152$55,218
122 ($334)$182$152$55,066
123 ($334)$181$153$54,913
124 ($334)$181$153$54,760
125 ($334)$180$154$54,606
126 ($334)$180$154$54,452
127 ($334)$179$155$54,297
128 ($334)$179$155$54,141
129 ($334)$178$156$53,986
130 ($334)$178$156$53,829
131 ($334)$177$157$53,672
132 ($334)$177$157$53,515
Year 12 - 133 ($334)$176$158$53,357
134 ($334)$176$158$53,199
135 ($334)$175$159$53,040
136 ($334)$175$159$52,880
137 ($334)$174$160$52,720
138 ($334)$174$161$52,560
139 ($334)$173$161$52,398
140 ($334)$172$162$52,237
141 ($334)$172$162$52,075
142 ($334)$171$163$51,912
143 ($334)$171$163$51,749
144 ($334)$170$164$51,585
Year 13 - 145 ($334)$170$164$51,421
146 ($334)$169$165$51,256
147 ($334)$169$165$51,091
148 ($334)$168$166$50,925
149 ($334)$168$166$50,758
150 ($334)$167$167$50,591
151 ($334)$167$168$50,424
152 ($334)$166$168$50,256
153 ($334)$165$169$50,087
154 ($334)$165$169$49,918
155 ($334)$164$170$49,748
156 ($334)$164$170$49,578
Year 14 - 157 ($334)$163$171$49,407
158 ($334)$163$171$49,235
159 ($334)$162$172$49,063
160 ($334)$162$173$48,891
161 ($334)$161$173$48,718
162 ($334)$160$174$48,544
163 ($334)$160$174$48,370
164 ($334)$159$175$48,195
165 ($334)$159$175$48,019
166 ($334)$158$176$47,843
167 ($334)$157$177$47,667
168 ($334)$157$177$47,490
Year 15 - 169 ($334)$156$178$47,312
170 ($334)$156$178$47,134
171 ($334)$155$179$46,955
172 ($334)$155$180$46,775
173 ($334)$154$180$46,595
174 ($334)$153$181$46,414
175 ($334)$153$181$46,233
176 ($334)$152$182$46,051
177 ($334)$152$182$45,869
178 ($334)$151$183$45,686
179 ($334)$150$184$45,502
180 ($334)$150$184$45,318
Year 16 - 181 ($334)$149$185$45,133
182 ($334)$149$186$44,947
183 ($334)$148$186$44,761
184 ($334)$147$187$44,574
185 ($334)$147$187$44,387
186 ($334)$146$188$44,199
187 ($334)$145$189$44,010
188 ($334)$145$189$43,821
189 ($334)$144$190$43,631
190 ($334)$144$190$43,441
191 ($334)$143$191$43,250
192 ($334)$142$192$43,058
Year 17 - 193 ($334)$142$192$42,866
194 ($334)$141$193$42,673
195 ($334)$140$194$42,479
196 ($334)$140$194$42,285
197 ($334)$139$195$42,090
198 ($334)$139$196$41,895
199 ($334)$138$196$41,698
200 ($334)$137$197$41,502
201 ($334)$137$197$41,304
202 ($334)$136$198$41,106
203 ($334)$135$199$40,907
204 ($334)$135$199$40,708
Year 18 - 205 ($334)$134$200$40,508
206 ($334)$133$201$40,307
207 ($334)$133$201$40,106
208 ($334)$132$202$39,903
209 ($334)$131$203$39,701
210 ($334)$131$203$39,497
211 ($334)$130$204$39,293
212 ($334)$129$205$39,089
213 ($334)$129$205$38,883
214 ($334)$128$206$38,677
215 ($334)$127$207$38,470
216 ($334)$127$207$38,263
Year 19 - 217 ($334)$126$208$38,055
218 ($334)$125$209$37,846
219 ($334)$125$209$37,636
220 ($334)$124$210$37,426
221 ($334)$123$211$37,215
222 ($334)$123$212$37,004
223 ($334)$122$212$36,792
224 ($334)$121$213$36,579
225 ($334)$120$214$36,365
226 ($334)$120$214$36,151
227 ($334)$119$215$35,935
228 ($334)$118$216$35,720
Year 20 - 229 ($334)$118$216$35,503
230 ($334)$117$217$35,286
231 ($334)$116$218$35,068
232 ($334)$115$219$34,849
233 ($334)$115$219$34,630
234 ($334)$114$220$34,410
235 ($334)$113$221$34,189
236 ($334)$113$222$33,968
237 ($334)$112$222$33,745
238 ($334)$111$223$33,522
239 ($334)$110$224$33,299
240 ($334)$110$224$33,074
Year 21 - 241 ($334)$109$225$32,849
242 ($334)$108$226$32,623
243 ($334)$107$227$32,396
244 ($334)$107$227$32,169
245 ($334)$106$228$31,941
246 ($334)$105$229$31,712
247 ($334)$104$230$31,482
248 ($334)$104$230$31,252
249 ($334)$103$231$31,020
250 ($334)$102$232$30,788
251 ($334)$101$233$30,556
252 ($334)$101$233$30,322
Year 22 - 253 ($334)$100$234$30,088
254 ($334)$99$235$29,853
255 ($334)$98$236$29,617
256 ($334)$97$237$29,381
257 ($334)$97$237$29,143
258 ($334)$96$238$28,905
259 ($334)$95$239$28,666
260 ($334)$94$240$28,426
261 ($334)$94$241$28,186
262 ($334)$93$241$27,945
263 ($334)$92$242$27,702
264 ($334)$91$243$27,460
Year 23 - 265 ($334)$90$244$27,216
266 ($334)$90$244$26,971
267 ($334)$89$245$26,726
268 ($334)$88$246$26,480
269 ($334)$87$247$26,233
270 ($334)$86$248$25,985
271 ($334)$86$249$25,737
272 ($334)$85$249$25,487
273 ($334)$84$250$25,237
274 ($334)$83$251$24,986
275 ($334)$82$252$24,734
276 ($334)$81$253$24,482
Year 24 - 277 ($334)$81$253$24,228
278 ($334)$80$254$23,974
279 ($334)$79$255$23,719
280 ($334)$78$256$23,463
281 ($334)$77$257$23,206
282 ($334)$76$258$22,948
283 ($334)$76$259$22,690
284 ($334)$75$259$22,430
285 ($334)$74$260$22,170
286 ($334)$73$261$21,909
287 ($334)$72$262$21,647
288 ($334)$71$263$21,384
Year 25 - 289 ($334)$70$264$21,121
290 ($334)$70$265$20,856
291 ($334)$69$265$20,591
292 ($334)$68$266$20,324
293 ($334)$67$267$20,057
294 ($334)$66$268$19,789
295 ($334)$65$269$19,520
296 ($334)$64$270$19,250
297 ($334)$63$271$18,980
298 ($334)$62$272$18,708
299 ($334)$62$272$18,436
300 ($334)$61$273$18,162
Year 26 - 301 ($334)$60$274$17,888
302 ($334)$59$275$17,613
303 ($334)$58$276$17,337
304 ($334)$57$277$17,060
305 ($334)$56$278$16,782
306 ($334)$55$279$16,503
307 ($334)$54$280$16,223
308 ($334)$53$281$15,942
309 ($334)$52$282$15,661
310 ($334)$52$283$15,378
311 ($334)$51$283$15,095
312 ($334)$50$284$14,810
Year 27 - 313 ($334)$49$285$14,525
314 ($334)$48$286$14,239
315 ($334)$47$287$13,952
316 ($334)$46$288$13,663
317 ($334)$45$289$13,374
318 ($334)$44$290$13,084
319 ($334)$43$291$12,793
320 ($334)$42$292$12,501
321 ($334)$41$293$12,208
322 ($334)$40$294$11,915
323 ($334)$39$295$11,620
324 ($334)$38$296$11,324
Year 28 - 325 ($334)$37$297$11,027
326 ($334)$36$298$10,729
327 ($334)$35$299$10,431
328 ($334)$34$300$10,131
329 ($334)$33$301$9,830
330 ($334)$32$302$9,528
331 ($334)$31$303$9,226
332 ($334)$30$304$8,922
333 ($334)$29$305$8,617
334 ($334)$28$306$8,312
335 ($334)$27$307$8,005
336 ($334)$26$308$7,697
Year 29 - 337 ($334)$25$309$7,388
338 ($334)$24$310$7,079
339 ($334)$23$311$6,768
340 ($334)$22$312$6,456
341 ($334)$21$313$6,143
342 ($334)$20$314$5,829
343 ($334)$19$315$5,514
344 ($334)$18$316$5,199
345 ($334)$17$317$4,882
346 ($334)$16$318$4,564
347 ($334)$15$319$4,245
348 ($334)$14$320$3,924
Year 30 - 349 ($334)$13$321$3,603
350 ($334)$12$322$3,281
351 ($334)$11$323$2,958
352 ($334)$10$324$2,633
353 ($334)$9$325$2,308
354 ($334)$8$326$1,982
355 ($334)$7$328$1,654
356 ($334)$5$329$1,325
357 ($334)$4$330$996
358 ($334)$3$331$665
359 ($334)$2$332$333
360 ($334)$1$333$0
TOTALS$49,867$70,400$120,267

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.