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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 July 20, 2017. Check LendingTree to see current rates from multiple lenders.

Mortgage Parameters


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


3.96% is current rate for 30-year fixed
3.23% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$334 360 $50,012 $120,412

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $88,000
Down Payment $17,600$70,400
Year 1 - 1 ($334)$232$102$70,298
2 ($334)$232$102$70,195
3 ($334)$232$103$70,093
4 ($334)$231$103$69,989
5 ($334)$231$104$69,886
6 ($334)$231$104$69,782
7 ($334)$230$104$69,678
8 ($334)$230$105$69,573
9 ($334)$230$105$69,468
10 ($334)$229$105$69,363
11 ($334)$229$106$69,258
12 ($334)$229$106$69,152
Year 2 - 13 ($334)$228$106$69,045
14 ($334)$228$107$68,939
15 ($334)$227$107$68,832
16 ($334)$227$107$68,724
17 ($334)$227$108$68,617
18 ($334)$226$108$68,509
19 ($334)$226$108$68,400
20 ($334)$226$109$68,291
21 ($334)$225$109$68,182
22 ($334)$225$109$68,073
23 ($334)$225$110$67,963
24 ($334)$224$110$67,853
Year 3 - 25 ($334)$224$111$67,742
26 ($334)$224$111$67,631
27 ($334)$223$111$67,520
28 ($334)$223$112$67,408
29 ($334)$222$112$67,296
30 ($334)$222$112$67,184
31 ($334)$222$113$67,071
32 ($334)$221$113$66,958
33 ($334)$221$114$66,845
34 ($334)$221$114$66,731
35 ($334)$220$114$66,616
36 ($334)$220$115$66,502
Year 4 - 37 ($334)$219$115$66,387
38 ($334)$219$115$66,271
39 ($334)$219$116$66,156
40 ($334)$218$116$66,039
41 ($334)$218$117$65,923
42 ($334)$218$117$65,806
43 ($334)$217$117$65,689
44 ($334)$217$118$65,571
45 ($334)$216$118$65,453
46 ($334)$216$118$65,334
47 ($334)$216$119$65,215
48 ($334)$215$119$65,096
Year 5 - 49 ($334)$215$120$64,976
50 ($334)$214$120$64,856
51 ($334)$214$120$64,736
52 ($334)$214$121$64,615
53 ($334)$213$121$64,494
54 ($334)$213$122$64,372
55 ($334)$212$122$64,250
56 ($334)$212$122$64,128
57 ($334)$212$123$64,005
58 ($334)$211$123$63,882
59 ($334)$211$124$63,758
60 ($334)$210$124$63,634
Year 6 - 61 ($334)$210$124$63,509
62 ($334)$210$125$63,384
63 ($334)$209$125$63,259
64 ($334)$209$126$63,133
65 ($334)$208$126$63,007
66 ($334)$208$127$62,881
67 ($334)$208$127$62,754
68 ($334)$207$127$62,626
69 ($334)$207$128$62,499
70 ($334)$206$128$62,370
71 ($334)$206$129$62,242
72 ($334)$205$129$62,113
Year 7 - 73 ($334)$205$130$61,983
74 ($334)$205$130$61,853
75 ($334)$204$130$61,723
76 ($334)$204$131$61,592
77 ($334)$203$131$61,461
78 ($334)$203$132$61,329
79 ($334)$202$132$61,197
80 ($334)$202$133$61,064
81 ($334)$202$133$60,931
82 ($334)$201$133$60,798
83 ($334)$201$134$60,664
84 ($334)$200$134$60,530
Year 8 - 85 ($334)$200$135$60,395
86 ($334)$199$135$60,260
87 ($334)$199$136$60,124
88 ($334)$198$136$59,988
89 ($334)$198$137$59,852
90 ($334)$198$137$59,715
91 ($334)$197$137$59,577
92 ($334)$197$138$59,440
93 ($334)$196$138$59,301
94 ($334)$196$139$59,162
95 ($334)$195$139$59,023
96 ($334)$195$140$58,884
Year 9 - 97 ($334)$194$140$58,743
98 ($334)$194$141$58,603
99 ($334)$193$141$58,462
100 ($334)$193$142$58,320
101 ($334)$192$142$58,178
102 ($334)$192$142$58,036
103 ($334)$192$143$57,893
104 ($334)$191$143$57,749
105 ($334)$191$144$57,605
106 ($334)$190$144$57,461
107 ($334)$190$145$57,316
108 ($334)$189$145$57,171
Year 10 - 109 ($334)$189$146$57,025
110 ($334)$188$146$56,879
111 ($334)$188$147$56,732
112 ($334)$187$147$56,585
113 ($334)$187$148$56,437
114 ($334)$186$148$56,289
115 ($334)$186$149$56,140
116 ($334)$185$149$55,991
117 ($334)$185$150$55,841
118 ($334)$184$150$55,691
119 ($334)$184$151$55,540
120 ($334)$183$151$55,389
Year 11 - 121 ($334)$183$152$55,237
122 ($334)$182$152$55,085
123 ($334)$182$153$54,932
124 ($334)$181$153$54,779
125 ($334)$181$154$54,625
126 ($334)$180$154$54,471
127 ($334)$180$155$54,316
128 ($334)$179$155$54,161
129 ($334)$179$156$54,005
130 ($334)$178$156$53,849
131 ($334)$178$157$53,692
132 ($334)$177$157$53,535
Year 12 - 133 ($334)$177$158$53,377
134 ($334)$176$158$53,219
135 ($334)$176$159$53,060
136 ($334)$175$159$52,901
137 ($334)$175$160$52,741
138 ($334)$174$160$52,580
139 ($334)$174$161$52,419
140 ($334)$173$161$52,258
141 ($334)$172$162$52,096
142 ($334)$172$163$51,933
143 ($334)$171$163$51,770
144 ($334)$171$164$51,607
Year 13 - 145 ($334)$170$164$51,442
146 ($334)$170$165$51,278
147 ($334)$169$165$51,112
148 ($334)$169$166$50,947
149 ($334)$168$166$50,780
150 ($334)$168$167$50,613
151 ($334)$167$167$50,446
152 ($334)$166$168$50,278
153 ($334)$166$169$50,109
154 ($334)$165$169$49,940
155 ($334)$165$170$49,770
156 ($334)$164$170$49,600
Year 14 - 157 ($334)$164$171$49,429
158 ($334)$163$171$49,258
159 ($334)$163$172$49,086
160 ($334)$162$172$48,914
161 ($334)$161$173$48,741
162 ($334)$161$174$48,567
163 ($334)$160$174$48,393
164 ($334)$160$175$48,218
165 ($334)$159$175$48,043
166 ($334)$159$176$47,867
167 ($334)$158$177$47,690
168 ($334)$157$177$47,513
Year 15 - 169 ($334)$157$178$47,335
170 ($334)$156$178$47,157
171 ($334)$156$179$46,978
172 ($334)$155$179$46,799
173 ($334)$154$180$46,619
174 ($334)$154$181$46,438
175 ($334)$153$181$46,257
176 ($334)$153$182$46,075
177 ($334)$152$182$45,893
178 ($334)$151$183$45,710
179 ($334)$151$184$45,526
180 ($334)$150$184$45,342
Year 16 - 181 ($334)$150$185$45,157
182 ($334)$149$185$44,971
183 ($334)$148$186$44,785
184 ($334)$148$187$44,599
185 ($334)$147$187$44,411
186 ($334)$147$188$44,223
187 ($334)$146$189$44,035
188 ($334)$145$189$43,846
189 ($334)$145$190$43,656
190 ($334)$144$190$43,465
191 ($334)$143$191$43,274
192 ($334)$143$192$43,083
Year 17 - 193 ($334)$142$192$42,890
194 ($334)$142$193$42,698
195 ($334)$141$194$42,504
196 ($334)$140$194$42,310
197 ($334)$140$195$42,115
198 ($334)$139$195$41,919
199 ($334)$138$196$41,723
200 ($334)$138$197$41,526
201 ($334)$137$197$41,329
202 ($334)$136$198$41,131
203 ($334)$136$199$40,932
204 ($334)$135$199$40,733
Year 18 - 205 ($334)$134$200$40,533
206 ($334)$134$201$40,332
207 ($334)$133$201$40,131
208 ($334)$132$202$39,929
209 ($334)$132$203$39,726
210 ($334)$131$203$39,522
211 ($334)$130$204$39,318
212 ($334)$130$205$39,114
213 ($334)$129$205$38,908
214 ($334)$128$206$38,702
215 ($334)$128$207$38,495
216 ($334)$127$207$38,288
Year 19 - 217 ($334)$126$208$38,080
218 ($334)$126$209$37,871
219 ($334)$125$210$37,662
220 ($334)$124$210$37,451
221 ($334)$124$211$37,240
222 ($334)$123$212$37,029
223 ($334)$122$212$36,817
224 ($334)$121$213$36,604
225 ($334)$121$214$36,390
226 ($334)$120$214$36,176
227 ($334)$119$215$35,960
228 ($334)$119$216$35,745
Year 20 - 229 ($334)$118$217$35,528
230 ($334)$117$217$35,311
231 ($334)$117$218$35,093
232 ($334)$116$219$34,874
233 ($334)$115$219$34,655
234 ($334)$114$220$34,435
235 ($334)$114$221$34,214
236 ($334)$113$222$33,992
237 ($334)$112$222$33,770
238 ($334)$111$223$33,547
239 ($334)$111$224$33,323
240 ($334)$110$225$33,099
Year 21 - 241 ($334)$109$225$32,873
242 ($334)$108$226$32,647
243 ($334)$108$227$32,421
244 ($334)$107$227$32,193
245 ($334)$106$228$31,965
246 ($334)$105$229$31,736
247 ($334)$105$230$31,506
248 ($334)$104$231$31,276
249 ($334)$103$231$31,044
250 ($334)$102$232$30,812
251 ($334)$102$233$30,580
252 ($334)$101$234$30,346
Year 22 - 253 ($334)$100$234$30,112
254 ($334)$99$235$29,877
255 ($334)$99$236$29,641
256 ($334)$98$237$29,404
257 ($334)$97$237$29,167
258 ($334)$96$238$28,928
259 ($334)$95$239$28,689
260 ($334)$95$240$28,450
261 ($334)$94$241$28,209
262 ($334)$93$241$27,968
263 ($334)$92$242$27,725
264 ($334)$91$243$27,482
Year 23 - 265 ($334)$91$244$27,239
266 ($334)$90$245$26,994
267 ($334)$89$245$26,749
268 ($334)$88$246$26,502
269 ($334)$87$247$26,255
270 ($334)$87$248$26,008
271 ($334)$86$249$25,759
272 ($334)$85$249$25,509
273 ($334)$84$250$25,259
274 ($334)$83$251$25,008
275 ($334)$83$252$24,756
276 ($334)$82$253$24,503
Year 24 - 277 ($334)$81$254$24,250
278 ($334)$80$254$23,995
279 ($334)$79$255$23,740
280 ($334)$78$256$23,484
281 ($334)$77$257$23,227
282 ($334)$77$258$22,969
283 ($334)$76$259$22,710
284 ($334)$75$260$22,451
285 ($334)$74$260$22,190
286 ($334)$73$261$21,929
287 ($334)$72$262$21,667
288 ($334)$72$263$21,404
Year 25 - 289 ($334)$71$264$21,140
290 ($334)$70$265$20,875
291 ($334)$69$266$20,610
292 ($334)$68$266$20,343
293 ($334)$67$267$20,076
294 ($334)$66$268$19,808
295 ($334)$65$269$19,539
296 ($334)$64$270$19,269
297 ($334)$64$271$18,998
298 ($334)$63$272$18,726
299 ($334)$62$273$18,453
300 ($334)$61$274$18,180
Year 26 - 301 ($334)$60$274$17,905
302 ($334)$59$275$17,630
303 ($334)$58$276$17,354
304 ($334)$57$277$17,076
305 ($334)$56$278$16,798
306 ($334)$55$279$16,519
307 ($334)$55$280$16,239
308 ($334)$54$281$15,958
309 ($334)$53$282$15,676
310 ($334)$52$283$15,394
311 ($334)$51$284$15,110
312 ($334)$50$285$14,825
Year 27 - 313 ($334)$49$286$14,540
314 ($334)$48$286$14,253
315 ($334)$47$287$13,966
316 ($334)$46$288$13,678
317 ($334)$45$289$13,388
318 ($334)$44$290$13,098
319 ($334)$43$291$12,807
320 ($334)$42$292$12,514
321 ($334)$41$293$12,221
322 ($334)$40$294$11,927
323 ($334)$39$295$11,632
324 ($334)$38$296$11,336
Year 28 - 325 ($334)$37$297$11,039
326 ($334)$36$298$10,741
327 ($334)$35$299$10,442
328 ($334)$34$300$10,142
329 ($334)$33$301$9,841
330 ($334)$32$302$9,539
331 ($334)$31$303$9,236
332 ($334)$30$304$8,932
333 ($334)$29$305$8,627
334 ($334)$28$306$8,321
335 ($334)$27$307$8,014
336 ($334)$26$308$7,706
Year 29 - 337 ($334)$25$309$7,397
338 ($334)$24$310$7,087
339 ($334)$23$311$6,775
340 ($334)$22$312$6,463
341 ($334)$21$313$6,150
342 ($334)$20$314$5,836
343 ($334)$19$315$5,521
344 ($334)$18$316$5,204
345 ($334)$17$317$4,887
346 ($334)$16$318$4,569
347 ($334)$15$319$4,249
348 ($334)$14$320$3,929
Year 30 - 349 ($334)$13$322$3,607
350 ($334)$12$323$3,285
351 ($334)$11$324$2,961
352 ($334)$10$325$2,637
353 ($334)$9$326$2,311
354 ($334)$8$327$1,984
355 ($334)$7$328$1,656
356 ($334)$5$329$1,327
357 ($334)$4$330$997
358 ($334)$3$331$666
359 ($334)$2$332$333
360 ($334)$1$333$0
TOTALS$50,012$70,400$120,412

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.