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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 April 20, 2017. Check Lending Tree to see current rates from multiple lenders.

Mortgage Parameters


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


3.97% is current rate for 30-year fixed
3.23% is current rate for 15-year fixed

Mortgage Summary

Monthly PaymentNumber of PaymentsTotal InterestTotal Paid
$335 360 $50,158 $120,558

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $88,000
Down Payment $17,600$70,400
Year 1 - 1 ($335)$233$102$70,298
2 ($335)$233$102$70,196
3 ($335)$232$103$70,093
4 ($335)$232$103$69,990
5 ($335)$232$103$69,887
6 ($335)$231$104$69,783
7 ($335)$231$104$69,679
8 ($335)$231$104$69,575
9 ($335)$230$105$69,470
10 ($335)$230$105$69,365
11 ($335)$229$105$69,260
12 ($335)$229$106$69,154
Year 2 - 13 ($335)$229$106$69,048
14 ($335)$228$106$68,941
15 ($335)$228$107$68,834
16 ($335)$228$107$68,727
17 ($335)$227$108$68,620
18 ($335)$227$108$68,512
19 ($335)$227$108$68,404
20 ($335)$226$109$68,295
21 ($335)$226$109$68,186
22 ($335)$226$109$68,077
23 ($335)$225$110$67,967
24 ($335)$225$110$67,857
Year 3 - 25 ($335)$224$110$67,747
26 ($335)$224$111$67,636
27 ($335)$224$111$67,525
28 ($335)$223$111$67,413
29 ($335)$223$112$67,302
30 ($335)$223$112$67,189
31 ($335)$222$113$67,077
32 ($335)$222$113$66,964
33 ($335)$222$113$66,850
34 ($335)$221$114$66,737
35 ($335)$221$114$66,623
36 ($335)$220$114$66,508
Year 4 - 37 ($335)$220$115$66,393
38 ($335)$220$115$66,278
39 ($335)$219$116$66,162
40 ($335)$219$116$66,046
41 ($335)$219$116$65,930
42 ($335)$218$117$65,813
43 ($335)$218$117$65,696
44 ($335)$217$118$65,579
45 ($335)$217$118$65,461
46 ($335)$217$118$65,342
47 ($335)$216$119$65,224
48 ($335)$216$119$65,104
Year 5 - 49 ($335)$215$119$64,985
50 ($335)$215$120$64,865
51 ($335)$215$120$64,745
52 ($335)$214$121$64,624
53 ($335)$214$121$64,503
54 ($335)$213$121$64,382
55 ($335)$213$122$64,260
56 ($335)$213$122$64,137
57 ($335)$212$123$64,015
58 ($335)$212$123$63,892
59 ($335)$211$124$63,768
60 ($335)$211$124$63,644
Year 6 - 61 ($335)$211$124$63,520
62 ($335)$210$125$63,395
63 ($335)$210$125$63,270
64 ($335)$209$126$63,144
65 ($335)$209$126$63,018
66 ($335)$208$126$62,892
67 ($335)$208$127$62,765
68 ($335)$208$127$62,638
69 ($335)$207$128$62,510
70 ($335)$207$128$62,382
71 ($335)$206$129$62,254
72 ($335)$206$129$62,125
Year 7 - 73 ($335)$206$129$61,995
74 ($335)$205$130$61,866
75 ($335)$205$130$61,735
76 ($335)$204$131$61,605
77 ($335)$204$131$61,474
78 ($335)$203$132$61,342
79 ($335)$203$132$61,210
80 ($335)$203$132$61,078
81 ($335)$202$133$60,945
82 ($335)$202$133$60,812
83 ($335)$201$134$60,678
84 ($335)$201$134$60,544
Year 8 - 85 ($335)$200$135$60,409
86 ($335)$200$135$60,274
87 ($335)$199$135$60,139
88 ($335)$199$136$60,003
89 ($335)$199$136$59,867
90 ($335)$198$137$59,730
91 ($335)$198$137$59,592
92 ($335)$197$138$59,455
93 ($335)$197$138$59,317
94 ($335)$196$139$59,178
95 ($335)$196$139$59,039
96 ($335)$195$140$58,899
Year 9 - 97 ($335)$195$140$58,759
98 ($335)$194$140$58,619
99 ($335)$194$141$58,478
100 ($335)$193$141$58,336
101 ($335)$193$142$58,194
102 ($335)$193$142$58,052
103 ($335)$192$143$57,909
104 ($335)$192$143$57,766
105 ($335)$191$144$57,622
106 ($335)$191$144$57,478
107 ($335)$190$145$57,333
108 ($335)$190$145$57,188
Year 10 - 109 ($335)$189$146$57,042
110 ($335)$189$146$56,896
111 ($335)$188$147$56,749
112 ($335)$188$147$56,602
113 ($335)$187$148$56,455
114 ($335)$187$148$56,307
115 ($335)$186$149$56,158
116 ($335)$186$149$56,009
117 ($335)$185$150$55,859
118 ($335)$185$150$55,709
119 ($335)$184$151$55,559
120 ($335)$184$151$55,408
Year 11 - 121 ($335)$183$152$55,256
122 ($335)$183$152$55,104
123 ($335)$182$153$54,951
124 ($335)$182$153$54,798
125 ($335)$181$154$54,645
126 ($335)$181$154$54,491
127 ($335)$180$155$54,336
128 ($335)$180$155$54,181
129 ($335)$179$156$54,025
130 ($335)$179$156$53,869
131 ($335)$178$157$53,712
132 ($335)$178$157$53,555
Year 12 - 133 ($335)$177$158$53,398
134 ($335)$177$158$53,239
135 ($335)$176$159$53,081
136 ($335)$176$159$52,921
137 ($335)$175$160$52,761
138 ($335)$175$160$52,601
139 ($335)$174$161$52,440
140 ($335)$173$161$52,279
141 ($335)$173$162$52,117
142 ($335)$172$162$51,954
143 ($335)$172$163$51,791
144 ($335)$171$164$51,628
Year 13 - 145 ($335)$171$164$51,464
146 ($335)$170$165$51,299
147 ($335)$170$165$51,134
148 ($335)$169$166$50,968
149 ($335)$169$166$50,802
150 ($335)$168$167$50,635
151 ($335)$168$167$50,468
152 ($335)$167$168$50,300
153 ($335)$166$168$50,131
154 ($335)$166$169$49,962
155 ($335)$165$170$49,793
156 ($335)$165$170$49,623
Year 14 - 157 ($335)$164$171$49,452
158 ($335)$164$171$49,281
159 ($335)$163$172$49,109
160 ($335)$162$172$48,936
161 ($335)$162$173$48,763
162 ($335)$161$174$48,590
163 ($335)$161$174$48,416
164 ($335)$160$175$48,241
165 ($335)$160$175$48,066
166 ($335)$159$176$47,890
167 ($335)$158$176$47,713
168 ($335)$158$177$47,536
Year 15 - 169 ($335)$157$178$47,359
170 ($335)$157$178$47,181
171 ($335)$156$179$47,002
172 ($335)$155$179$46,822
173 ($335)$155$180$46,642
174 ($335)$154$181$46,462
175 ($335)$154$181$46,281
176 ($335)$153$182$46,099
177 ($335)$153$182$45,917
178 ($335)$152$183$45,734
179 ($335)$151$184$45,550
180 ($335)$151$184$45,366
Year 16 - 181 ($335)$150$185$45,181
182 ($335)$149$185$44,996
183 ($335)$149$186$44,810
184 ($335)$148$187$44,623
185 ($335)$148$187$44,436
186 ($335)$147$188$44,248
187 ($335)$146$188$44,059
188 ($335)$146$189$43,870
189 ($335)$145$190$43,680
190 ($335)$145$190$43,490
191 ($335)$144$191$43,299
192 ($335)$143$192$43,107
Year 17 - 193 ($335)$143$192$42,915
194 ($335)$142$193$42,722
195 ($335)$141$194$42,529
196 ($335)$141$194$42,335
197 ($335)$140$195$42,140
198 ($335)$139$195$41,944
199 ($335)$139$196$41,748
200 ($335)$138$197$41,551
201 ($335)$137$197$41,354
202 ($335)$137$198$41,156
203 ($335)$136$199$40,957
204 ($335)$135$199$40,758
Year 18 - 205 ($335)$135$200$40,558
206 ($335)$134$201$40,357
207 ($335)$134$201$40,156
208 ($335)$133$202$39,954
209 ($335)$132$203$39,751
210 ($335)$132$203$39,548
211 ($335)$131$204$39,343
212 ($335)$130$205$39,139
213 ($335)$129$205$38,933
214 ($335)$129$206$38,727
215 ($335)$128$207$38,521
216 ($335)$127$207$38,313
Year 19 - 217 ($335)$127$208$38,105
218 ($335)$126$209$37,896
219 ($335)$125$210$37,687
220 ($335)$125$210$37,476
221 ($335)$124$211$37,265
222 ($335)$123$212$37,054
223 ($335)$123$212$36,842
224 ($335)$122$213$36,629
225 ($335)$121$214$36,415
226 ($335)$120$214$36,200
227 ($335)$120$215$35,985
228 ($335)$119$216$35,770
Year 20 - 229 ($335)$118$217$35,553
230 ($335)$118$217$35,336
231 ($335)$117$218$35,118
232 ($335)$116$219$34,899
233 ($335)$115$219$34,680
234 ($335)$115$220$34,459
235 ($335)$114$221$34,239
236 ($335)$113$222$34,017
237 ($335)$113$222$33,795
238 ($335)$112$223$33,572
239 ($335)$111$224$33,348
240 ($335)$110$225$33,123
Year 21 - 241 ($335)$110$225$32,898
242 ($335)$109$226$32,672
243 ($335)$108$227$32,445
244 ($335)$107$228$32,217
245 ($335)$107$228$31,989
246 ($335)$106$229$31,760
247 ($335)$105$230$31,530
248 ($335)$104$231$31,300
249 ($335)$104$231$31,068
250 ($335)$103$232$30,836
251 ($335)$102$233$30,603
252 ($335)$101$234$30,370
Year 22 - 253 ($335)$100$234$30,135
254 ($335)$100$235$29,900
255 ($335)$99$236$29,664
256 ($335)$98$237$29,428
257 ($335)$97$238$29,190
258 ($335)$97$238$28,952
259 ($335)$96$239$28,713
260 ($335)$95$240$28,473
261 ($335)$94$241$28,232
262 ($335)$93$241$27,990
263 ($335)$93$242$27,748
264 ($335)$92$243$27,505
Year 23 - 265 ($335)$91$244$27,261
266 ($335)$90$245$27,017
267 ($335)$89$246$26,771
268 ($335)$89$246$26,525
269 ($335)$88$247$26,278
270 ($335)$87$248$26,030
271 ($335)$86$249$25,781
272 ($335)$85$250$25,531
273 ($335)$84$250$25,281
274 ($335)$84$251$25,030
275 ($335)$83$252$24,778
276 ($335)$82$253$24,525
Year 24 - 277 ($335)$81$254$24,271
278 ($335)$80$255$24,016
279 ($335)$79$255$23,761
280 ($335)$79$256$23,505
281 ($335)$78$257$23,247
282 ($335)$77$258$22,989
283 ($335)$76$259$22,731
284 ($335)$75$260$22,471
285 ($335)$74$261$22,210
286 ($335)$73$261$21,949
287 ($335)$73$262$21,687
288 ($335)$72$263$21,424
Year 25 - 289 ($335)$71$264$21,160
290 ($335)$70$265$20,895
291 ($335)$69$266$20,629
292 ($335)$68$267$20,362
293 ($335)$67$268$20,095
294 ($335)$66$268$19,826
295 ($335)$66$269$19,557
296 ($335)$65$270$19,287
297 ($335)$64$271$19,016
298 ($335)$63$272$18,744
299 ($335)$62$273$18,471
300 ($335)$61$274$18,197
Year 26 - 301 ($335)$60$275$17,923
302 ($335)$59$276$17,647
303 ($335)$58$277$17,370
304 ($335)$57$277$17,093
305 ($335)$57$278$16,815
306 ($335)$56$279$16,535
307 ($335)$55$280$16,255
308 ($335)$54$281$15,974
309 ($335)$53$282$15,692
310 ($335)$52$283$15,409
311 ($335)$51$284$15,125
312 ($335)$50$285$14,840
Year 27 - 313 ($335)$49$286$14,555
314 ($335)$48$287$14,268
315 ($335)$47$288$13,980
316 ($335)$46$289$13,692
317 ($335)$45$290$13,402
318 ($335)$44$291$13,111
319 ($335)$43$292$12,820
320 ($335)$42$292$12,527
321 ($335)$41$293$12,234
322 ($335)$40$294$11,940
323 ($335)$40$295$11,644
324 ($335)$39$296$11,348
Year 28 - 325 ($335)$38$297$11,051
326 ($335)$37$298$10,752
327 ($335)$36$299$10,453
328 ($335)$35$300$10,153
329 ($335)$34$301$9,851
330 ($335)$33$302$9,549
331 ($335)$32$303$9,246
332 ($335)$31$304$8,941
333 ($335)$30$305$8,636
334 ($335)$29$306$8,330
335 ($335)$28$307$8,023
336 ($335)$27$308$7,714
Year 29 - 337 ($335)$26$309$7,405
338 ($335)$24$310$7,094
339 ($335)$23$311$6,783
340 ($335)$22$312$6,471
341 ($335)$21$313$6,157
342 ($335)$20$315$5,843
343 ($335)$19$316$5,527
344 ($335)$18$317$5,210
345 ($335)$17$318$4,893
346 ($335)$16$319$4,574
347 ($335)$15$320$4,254
348 ($335)$14$321$3,934
Year 30 - 349 ($335)$13$322$3,612
350 ($335)$12$323$3,289
351 ($335)$11$324$2,965
352 ($335)$10$325$2,640
353 ($335)$9$326$2,313
354 ($335)$8$327$1,986
355 ($335)$7$328$1,658
356 ($335)$5$329$1,329
357 ($335)$4$330$998
358 ($335)$3$332$666
359 ($335)$2$333$334
360 ($335)$1$334$0
TOTALS$50,158$70,400$120,558

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.