« Back to all home prices

Mortgage Payment Schedule for a $98,000 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% ($19,600) 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
$373 360 $55,858 $134,258

Mortgage Payment Schedule

PaymentInterestPrincipalBalance
Home Purchase  $98,000
Down Payment $19,600$78,400
Year 1 - 1 ($373)$259$114$78,286
2 ($373)$259$114$78,172
3 ($373)$259$114$78,058
4 ($373)$258$115$77,943
5 ($373)$258$115$77,828
6 ($373)$257$115$77,713
7 ($373)$257$116$77,597
8 ($373)$257$116$77,481
9 ($373)$256$117$77,364
10 ($373)$256$117$77,247
11 ($373)$256$117$77,130
12 ($373)$255$118$77,012
Year 2 - 13 ($373)$255$118$76,894
14 ($373)$254$119$76,775
15 ($373)$254$119$76,656
16 ($373)$254$119$76,537
17 ($373)$253$120$76,417
18 ($373)$253$120$76,297
19 ($373)$252$121$76,177
20 ($373)$252$121$76,056
21 ($373)$252$121$75,935
22 ($373)$251$122$75,813
23 ($373)$251$122$75,691
24 ($373)$250$123$75,568
Year 3 - 25 ($373)$250$123$75,445
26 ($373)$250$123$75,322
27 ($373)$249$124$75,198
28 ($373)$249$124$75,074
29 ($373)$248$125$74,949
30 ($373)$248$125$74,824
31 ($373)$248$125$74,699
32 ($373)$247$126$74,573
33 ($373)$247$126$74,447
34 ($373)$246$127$74,320
35 ($373)$246$127$74,193
36 ($373)$245$127$74,066
Year 4 - 37 ($373)$245$128$73,938
38 ($373)$245$128$73,810
39 ($373)$244$129$73,681
40 ($373)$244$129$73,552
41 ($373)$243$130$73,422
42 ($373)$243$130$73,292
43 ($373)$242$130$73,162
44 ($373)$242$131$73,031
45 ($373)$242$131$72,899
46 ($373)$241$132$72,768
47 ($373)$241$132$72,635
48 ($373)$240$133$72,503
Year 5 - 49 ($373)$240$133$72,370
50 ($373)$239$134$72,236
51 ($373)$239$134$72,102
52 ($373)$239$134$71,968
53 ($373)$238$135$71,833
54 ($373)$238$135$71,698
55 ($373)$237$136$71,562
56 ($373)$237$136$71,426
57 ($373)$236$137$71,289
58 ($373)$236$137$71,152
59 ($373)$235$138$71,014
60 ($373)$235$138$70,876
Year 6 - 61 ($373)$234$138$70,738
62 ($373)$234$139$70,599
63 ($373)$234$139$70,460
64 ($373)$233$140$70,320
65 ($373)$233$140$70,180
66 ($373)$232$141$70,039
67 ($373)$232$141$69,898
68 ($373)$231$142$69,756
69 ($373)$231$142$69,614
70 ($373)$230$143$69,471
71 ($373)$230$143$69,328
72 ($373)$229$144$69,184
Year 7 - 73 ($373)$229$144$69,040
74 ($373)$228$145$68,896
75 ($373)$228$145$68,751
76 ($373)$227$145$68,605
77 ($373)$227$146$68,459
78 ($373)$226$146$68,313
79 ($373)$226$147$68,166
80 ($373)$226$147$68,019
81 ($373)$225$148$67,871
82 ($373)$225$148$67,722
83 ($373)$224$149$67,573
84 ($373)$224$149$67,424
Year 8 - 85 ($373)$223$150$67,274
86 ($373)$223$150$67,124
87 ($373)$222$151$66,973
88 ($373)$222$151$66,821
89 ($373)$221$152$66,670
90 ($373)$221$152$66,517
91 ($373)$220$153$66,364
92 ($373)$220$153$66,211
93 ($373)$219$154$66,057
94 ($373)$219$154$65,903
95 ($373)$218$155$65,748
96 ($373)$218$155$65,592
Year 9 - 97 ($373)$217$156$65,436
98 ($373)$216$156$65,280
99 ($373)$216$157$65,123
100 ($373)$215$157$64,965
101 ($373)$215$158$64,807
102 ($373)$214$159$64,649
103 ($373)$214$159$64,490
104 ($373)$213$160$64,330
105 ($373)$213$160$64,170
106 ($373)$212$161$64,010
107 ($373)$212$161$63,848
108 ($373)$211$162$63,687
Year 10 - 109 ($373)$211$162$63,524
110 ($373)$210$163$63,362
111 ($373)$210$163$63,198
112 ($373)$209$164$63,034
113 ($373)$209$164$62,870
114 ($373)$208$165$62,705
115 ($373)$207$165$62,540
116 ($373)$207$166$62,374
117 ($373)$206$167$62,207
118 ($373)$206$167$62,040
119 ($373)$205$168$61,872
120 ($373)$205$168$61,704
Year 11 - 121 ($373)$204$169$61,535
122 ($373)$204$169$61,366
123 ($373)$203$170$61,196
124 ($373)$202$170$61,025
125 ($373)$202$171$60,854
126 ($373)$201$172$60,683
127 ($373)$201$172$60,511
128 ($373)$200$173$60,338
129 ($373)$200$173$60,164
130 ($373)$199$174$59,991
131 ($373)$198$174$59,816
132 ($373)$198$175$59,641
Year 12 - 133 ($373)$197$176$59,465
134 ($373)$197$176$59,289
135 ($373)$196$177$59,112
136 ($373)$196$177$58,935
137 ($373)$195$178$58,757
138 ($373)$194$179$58,579
139 ($373)$194$179$58,399
140 ($373)$193$180$58,220
141 ($373)$193$180$58,039
142 ($373)$192$181$57,858
143 ($373)$191$182$57,677
144 ($373)$191$182$57,495
Year 13 - 145 ($373)$190$183$57,312
146 ($373)$190$183$57,129
147 ($373)$189$184$56,945
148 ($373)$188$185$56,760
149 ($373)$188$185$56,575
150 ($373)$187$186$56,389
151 ($373)$187$186$56,203
152 ($373)$186$187$56,016
153 ($373)$185$188$55,828
154 ($373)$185$188$55,640
155 ($373)$184$189$55,451
156 ($373)$183$189$55,262
Year 14 - 157 ($373)$183$190$55,072
158 ($373)$182$191$54,881
159 ($373)$182$191$54,689
160 ($373)$181$192$54,497
161 ($373)$180$193$54,305
162 ($373)$180$193$54,112
163 ($373)$179$194$53,918
164 ($373)$178$195$53,723
165 ($373)$178$195$53,528
166 ($373)$177$196$53,332
167 ($373)$176$196$53,135
168 ($373)$176$197$52,938
Year 15 - 169 ($373)$175$198$52,741
170 ($373)$174$198$52,542
171 ($373)$174$199$52,343
172 ($373)$173$200$52,143
173 ($373)$173$200$51,943
174 ($373)$172$201$51,742
175 ($373)$171$202$51,540
176 ($373)$171$202$51,337
177 ($373)$170$203$51,134
178 ($373)$169$204$50,931
179 ($373)$168$204$50,726
180 ($373)$168$205$50,521
Year 16 - 181 ($373)$167$206$50,315
182 ($373)$166$206$50,109
183 ($373)$166$207$49,902
184 ($373)$165$208$49,694
185 ($373)$164$209$49,485
186 ($373)$164$209$49,276
187 ($373)$163$210$49,066
188 ($373)$162$211$48,855
189 ($373)$162$211$48,644
190 ($373)$161$212$48,432
191 ($373)$160$213$48,219
192 ($373)$160$213$48,006
Year 17 - 193 ($373)$159$214$47,792
194 ($373)$158$215$47,577
195 ($373)$157$216$47,362
196 ($373)$157$216$47,145
197 ($373)$156$217$46,928
198 ($373)$155$218$46,711
199 ($373)$155$218$46,492
200 ($373)$154$219$46,273
201 ($373)$153$220$46,053
202 ($373)$152$221$45,833
203 ($373)$152$221$45,611
204 ($373)$151$222$45,389
Year 18 - 205 ($373)$150$223$45,167
206 ($373)$149$224$44,943
207 ($373)$149$224$44,719
208 ($373)$148$225$44,494
209 ($373)$147$226$44,268
210 ($373)$146$226$44,042
211 ($373)$146$227$43,814
212 ($373)$145$228$43,586
213 ($373)$144$229$43,358
214 ($373)$143$229$43,128
215 ($373)$143$230$42,898
216 ($373)$142$231$42,667
Year 19 - 217 ($373)$141$232$42,435
218 ($373)$140$233$42,202
219 ($373)$140$233$41,969
220 ($373)$139$234$41,735
221 ($373)$138$235$41,500
222 ($373)$137$236$41,265
223 ($373)$137$236$41,028
224 ($373)$136$237$40,791
225 ($373)$135$238$40,553
226 ($373)$134$239$40,314
227 ($373)$133$240$40,075
228 ($373)$133$240$39,834
Year 20 - 229 ($373)$132$241$39,593
230 ($373)$131$242$39,351
231 ($373)$130$243$39,108
232 ($373)$129$244$38,865
233 ($373)$129$244$38,620
234 ($373)$128$245$38,375
235 ($373)$127$246$38,129
236 ($373)$126$247$37,883
237 ($373)$125$248$37,635
238 ($373)$125$248$37,386
239 ($373)$124$249$37,137
240 ($373)$123$250$36,887
Year 21 - 241 ($373)$122$251$36,636
242 ($373)$121$252$36,385
243 ($373)$120$253$36,132
244 ($373)$120$253$35,879
245 ($373)$119$254$35,624
246 ($373)$118$255$35,369
247 ($373)$117$256$35,113
248 ($373)$116$257$34,857
249 ($373)$115$258$34,599
250 ($373)$114$258$34,340
251 ($373)$114$259$34,081
252 ($373)$113$260$33,821
Year 22 - 253 ($373)$112$261$33,560
254 ($373)$111$262$33,298
255 ($373)$110$263$33,035
256 ($373)$109$264$32,772
257 ($373)$108$265$32,507
258 ($373)$108$265$32,242
259 ($373)$107$266$31,975
260 ($373)$106$267$31,708
261 ($373)$105$268$31,440
262 ($373)$104$269$31,171
263 ($373)$103$270$30,901
264 ($373)$102$271$30,631
Year 23 - 265 ($373)$101$272$30,359
266 ($373)$100$273$30,087
267 ($373)$100$273$29,813
268 ($373)$99$274$29,539
269 ($373)$98$275$29,264
270 ($373)$97$276$28,988
271 ($373)$96$277$28,711
272 ($373)$95$278$28,433
273 ($373)$94$279$28,154
274 ($373)$93$280$27,874
275 ($373)$92$281$27,593
276 ($373)$91$282$27,312
Year 24 - 277 ($373)$90$283$27,029
278 ($373)$89$284$26,745
279 ($373)$88$284$26,461
280 ($373)$88$285$26,176
281 ($373)$87$286$25,889
282 ($373)$86$287$25,602
283 ($373)$85$288$25,314
284 ($373)$84$289$25,025
285 ($373)$83$290$24,734
286 ($373)$82$291$24,443
287 ($373)$81$292$24,151
288 ($373)$80$293$23,858
Year 25 - 289 ($373)$79$294$23,564
290 ($373)$78$295$23,269
291 ($373)$77$296$22,973
292 ($373)$76$297$22,676
293 ($373)$75$298$22,378
294 ($373)$74$299$22,079
295 ($373)$73$300$21,780
296 ($373)$72$301$21,479
297 ($373)$71$302$21,177
298 ($373)$70$303$20,874
299 ($373)$69$304$20,570
300 ($373)$68$305$20,265
Year 26 - 301 ($373)$67$306$19,959
302 ($373)$66$307$19,652
303 ($373)$65$308$19,344
304 ($373)$64$309$19,035
305 ($373)$63$310$18,725
306 ($373)$62$311$18,415
307 ($373)$61$312$18,102
308 ($373)$60$313$17,789
309 ($373)$59$314$17,475
310 ($373)$58$315$17,160
311 ($373)$57$316$16,844
312 ($373)$56$317$16,527
Year 27 - 313 ($373)$55$318$16,209
314 ($373)$54$319$15,889
315 ($373)$53$320$15,569
316 ($373)$52$321$15,247
317 ($373)$50$322$14,925
318 ($373)$49$324$14,601
319 ($373)$48$325$14,277
320 ($373)$47$326$13,951
321 ($373)$46$327$13,624
322 ($373)$45$328$13,296
323 ($373)$44$329$12,967
324 ($373)$43$330$12,637
Year 28 - 325 ($373)$42$331$12,306
326 ($373)$41$332$11,974
327 ($373)$40$333$11,641
328 ($373)$39$334$11,306
329 ($373)$37$336$10,971
330 ($373)$36$337$10,634
331 ($373)$35$338$10,296
332 ($373)$34$339$9,958
333 ($373)$33$340$9,618
334 ($373)$32$341$9,276
335 ($373)$31$342$8,934
336 ($373)$30$343$8,591
Year 29 - 337 ($373)$28$345$8,246
338 ($373)$27$346$7,901
339 ($373)$26$347$7,554
340 ($373)$25$348$7,206
341 ($373)$24$349$6,857
342 ($373)$23$350$6,506
343 ($373)$22$351$6,155
344 ($373)$20$353$5,803
345 ($373)$19$354$5,449
346 ($373)$18$355$5,094
347 ($373)$17$356$4,738
348 ($373)$16$357$4,380
Year 30 - 349 ($373)$14$358$4,022
350 ($373)$13$360$3,662
351 ($373)$12$361$3,302
352 ($373)$11$362$2,940
353 ($373)$10$363$2,576
354 ($373)$9$364$2,212
355 ($373)$7$366$1,846
356 ($373)$6$367$1,479
357 ($373)$5$368$1,111
358 ($373)$4$369$742
359 ($373)$2$370$372
360 ($373)$1$372$0
TOTALS$55,858$78,400$134,258

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.