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Printable Amortization Schedule

Printable amortization schedule pdf & excel to calculate your monthly mortgage or loan payments. The free printable amortization schedule with fixed monthly payment is printable, downloadable as a PDF file, and exportable as an excel spreadsheet.

Mortgage Amortization Calculator

Loan Amount
Loan Terms
years
Interest Rate
First Payment Date
Amortization schedule
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Loan Amortization Calculator Results

Loan Amount:
$250,000.00
Monthly Payment:
$1,536.85
Total # Of Payments:
360
Start Date:
Mar, 2024
Payoff Date:
Feb, 2054
Total Interest Paid:
$303,267.76
Total Payment:
$553,267.76

Printable Mortgage Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Mar, 2024 1 $1,298.96 $237.90 $1,536.85 $249,762.10
Apr, 2024 2 $1,297.72 $239.13 $1,536.85 $249,522.97
May, 2024 3 $1,296.48 $240.38 $1,536.85 $249,282.60
Jun, 2024 4 $1,295.23 $241.62 $1,536.85 $249,040.97
Jul, 2024 5 $1,293.98 $242.88 $1,536.85 $248,798.09
Aug, 2024 6 $1,292.71 $244.14 $1,536.85 $248,553.95
Sep, 2024 7 $1,291.44 $245.41 $1,536.85 $248,308.54
Oct, 2024 8 $1,290.17 $246.69 $1,536.85 $248,061.86
Nov, 2024 9 $1,288.89 $247.97 $1,536.85 $247,813.89
Dec, 2024 10 $1,287.60 $249.26 $1,536.85 $247,564.63
Jan, 2025 11 $1,286.30 $250.55 $1,536.85 $247,314.08
Feb, 2025 12 $1,285.00 $251.85 $1,536.85 $247,062.23
Mar, 2025 13 $1,283.69 $253.16 $1,536.85 $246,809.07
Apr, 2025 14 $1,282.38 $254.48 $1,536.85 $246,554.59
May, 2025 15 $1,281.06 $255.80 $1,536.85 $246,298.80
Jun, 2025 16 $1,279.73 $257.13 $1,536.85 $246,041.67
Jul, 2025 17 $1,278.39 $258.46 $1,536.85 $245,783.21
Aug, 2025 18 $1,277.05 $259.81 $1,536.85 $245,523.40
Sep, 2025 19 $1,275.70 $261.16 $1,536.85 $245,262.24
Oct, 2025 20 $1,274.34 $262.51 $1,536.85 $244,999.73
Nov, 2025 21 $1,272.98 $263.88 $1,536.85 $244,735.85
Dec, 2025 22 $1,271.61 $265.25 $1,536.85 $244,470.60
Jan, 2026 23 $1,270.23 $266.63 $1,536.85 $244,203.98
Feb, 2026 24 $1,268.84 $268.01 $1,536.85 $243,935.97
Mar, 2026 25 $1,267.45 $269.40 $1,536.85 $243,666.56
Apr, 2026 26 $1,266.05 $270.80 $1,536.85 $243,395.76
May, 2026 27 $1,264.64 $272.21 $1,536.85 $243,123.55
Jun, 2026 28 $1,263.23 $273.63 $1,536.85 $242,849.92
Jul, 2026 29 $1,261.81 $275.05 $1,536.85 $242,574.87
Aug, 2026 30 $1,260.38 $276.48 $1,536.85 $242,298.40
Sep, 2026 31 $1,258.94 $277.91 $1,536.85 $242,020.48
Oct, 2026 32 $1,257.50 $279.36 $1,536.85 $241,741.13
Nov, 2026 33 $1,256.05 $280.81 $1,536.85 $241,460.32
Dec, 2026 34 $1,254.59 $282.27 $1,536.85 $241,178.05
Jan, 2027 35 $1,253.12 $283.73 $1,536.85 $240,894.32
Feb, 2027 36 $1,251.65 $285.21 $1,536.85 $240,609.11
Mar, 2027 37 $1,250.16 $286.69 $1,536.85 $240,322.42
Apr, 2027 38 $1,248.68 $288.18 $1,536.85 $240,034.24
May, 2027 39 $1,247.18 $289.68 $1,536.85 $239,744.56
Jun, 2027 40 $1,245.67 $291.18 $1,536.85 $239,453.38
Jul, 2027 41 $1,244.16 $292.70 $1,536.85 $239,160.69
Aug, 2027 42 $1,242.64 $294.22 $1,536.85 $238,866.47
Sep, 2027 43 $1,241.11 $295.74 $1,536.85 $238,570.73
Oct, 2027 44 $1,239.57 $297.28 $1,536.85 $238,273.44
Nov, 2027 45 $1,238.03 $298.83 $1,536.85 $237,974.62
Dec, 2027 46 $1,236.48 $300.38 $1,536.85 $237,674.24
Jan, 2028 47 $1,234.92 $301.94 $1,536.85 $237,372.30
Feb, 2028 48 $1,233.35 $303.51 $1,536.85 $237,068.79
Mar, 2028 49 $1,231.77 $305.08 $1,536.85 $236,763.71
Apr, 2028 50 $1,230.18 $306.67 $1,536.85 $236,457.04
May, 2028 51 $1,228.59 $308.26 $1,536.85 $236,148.77
Jun, 2028 52 $1,226.99 $309.87 $1,536.85 $235,838.91
Jul, 2028 53 $1,225.38 $311.48 $1,536.85 $235,527.43
Aug, 2028 54 $1,223.76 $313.09 $1,536.85 $235,214.34
Sep, 2028 55 $1,222.13 $314.72 $1,536.85 $234,899.62
Oct, 2028 56 $1,220.50 $316.36 $1,536.85 $234,583.26
Nov, 2028 57 $1,218.86 $318.00 $1,536.85 $234,265.27
Dec, 2028 58 $1,217.20 $319.65 $1,536.85 $233,945.61
Jan, 2029 59 $1,215.54 $321.31 $1,536.85 $233,624.30
Feb, 2029 60 $1,213.87 $322.98 $1,536.85 $233,301.32
Mar, 2029 61 $1,212.19 $324.66 $1,536.85 $232,976.66
Apr, 2029 62 $1,210.51 $326.35 $1,536.85 $232,650.31
May, 2029 63 $1,208.81 $328.04 $1,536.85 $232,322.27
Jun, 2029 64 $1,207.11 $329.75 $1,536.85 $231,992.52
Jul, 2029 65 $1,205.39 $331.46 $1,536.85 $231,661.06
Aug, 2029 66 $1,203.67 $333.18 $1,536.85 $231,327.88
Sep, 2029 67 $1,201.94 $334.91 $1,536.85 $230,992.97
Oct, 2029 68 $1,200.20 $336.65 $1,536.85 $230,656.31
Nov, 2029 69 $1,198.45 $338.40 $1,536.85 $230,317.91
Dec, 2029 70 $1,196.69 $340.16 $1,536.85 $229,977.75
Jan, 2030 71 $1,194.93 $341.93 $1,536.85 $229,635.82
Feb, 2030 72 $1,193.15 $343.71 $1,536.85 $229,292.11
Mar, 2030 73 $1,191.36 $345.49 $1,536.85 $228,946.62
Apr, 2030 74 $1,189.57 $347.29 $1,536.85 $228,599.34
May, 2030 75 $1,187.76 $349.09 $1,536.85 $228,250.24
Jun, 2030 76 $1,185.95 $350.90 $1,536.85 $227,899.34
Jul, 2030 77 $1,184.13 $352.73 $1,536.85 $227,546.61
Aug, 2030 78 $1,182.29 $354.56 $1,536.85 $227,192.05
Sep, 2030 79 $1,180.45 $356.40 $1,536.85 $226,835.65
Oct, 2030 80 $1,178.60 $358.25 $1,536.85 $226,477.39
Nov, 2030 81 $1,176.74 $360.12 $1,536.85 $226,117.28
Dec, 2030 82 $1,174.87 $361.99 $1,536.85 $225,755.29
Jan, 2031 83 $1,172.99 $363.87 $1,536.85 $225,391.42
Feb, 2031 84 $1,171.10 $365.76 $1,536.85 $225,025.66
Mar, 2031 85 $1,169.20 $367.66 $1,536.85 $224,658.00
Apr, 2031 86 $1,167.29 $369.57 $1,536.85 $224,288.44
May, 2031 87 $1,165.37 $371.49 $1,536.85 $223,916.95
Jun, 2031 88 $1,163.44 $373.42 $1,536.85 $223,543.53
Jul, 2031 89 $1,161.49 $375.36 $1,536.85 $223,168.17
Aug, 2031 90 $1,159.54 $377.31 $1,536.85 $222,790.86
Sep, 2031 91 $1,157.58 $379.27 $1,536.85 $222,411.58
Oct, 2031 92 $1,155.61 $381.24 $1,536.85 $222,030.34
Nov, 2031 93 $1,153.63 $383.22 $1,536.85 $221,647.12
Dec, 2031 94 $1,151.64 $385.21 $1,536.85 $221,261.91
Jan, 2032 95 $1,149.64 $387.21 $1,536.85 $220,874.69
Feb, 2032 96 $1,147.63 $389.23 $1,536.85 $220,485.47
Mar, 2032 97 $1,145.61 $391.25 $1,536.85 $220,094.22
Apr, 2032 98 $1,143.57 $393.28 $1,536.85 $219,700.93
May, 2032 99 $1,141.53 $395.33 $1,536.85 $219,305.61
Jun, 2032 100 $1,139.48 $397.38 $1,536.85 $218,908.23
Jul, 2032 101 $1,137.41 $399.44 $1,536.85 $218,508.79
Aug, 2032 102 $1,135.34 $401.52 $1,536.85 $218,107.27
Sep, 2032 103 $1,133.25 $403.61 $1,536.85 $217,703.66
Oct, 2032 104 $1,131.15 $405.70 $1,536.85 $217,297.96
Nov, 2032 105 $1,129.04 $407.81 $1,536.85 $216,890.15
Dec, 2032 106 $1,126.93 $409.93 $1,536.85 $216,480.22
Jan, 2033 107 $1,124.80 $412.06 $1,536.85 $216,068.16
Feb, 2033 108 $1,122.65 $414.20 $1,536.85 $215,653.96
Mar, 2033 109 $1,120.50 $416.35 $1,536.85 $215,237.60
Apr, 2033 110 $1,118.34 $418.52 $1,536.85 $214,819.09
May, 2033 111 $1,116.16 $420.69 $1,536.85 $214,398.40
Jun, 2033 112 $1,113.98 $422.88 $1,536.85 $213,975.52
Jul, 2033 113 $1,111.78 $425.07 $1,536.85 $213,550.45
Aug, 2033 114 $1,109.57 $427.28 $1,536.85 $213,123.16
Sep, 2033 115 $1,107.35 $429.50 $1,536.85 $212,693.66
Oct, 2033 116 $1,105.12 $431.73 $1,536.85 $212,261.93
Nov, 2033 117 $1,102.88 $433.98 $1,536.85 $211,827.95
Dec, 2033 118 $1,100.62 $436.23 $1,536.85 $211,391.72
Jan, 2034 119 $1,098.36 $438.50 $1,536.85 $210,953.22
Feb, 2034 120 $1,096.08 $440.78 $1,536.85 $210,512.44
Mar, 2034 121 $1,093.79 $443.07 $1,536.85 $210,069.37
Apr, 2034 122 $1,091.49 $445.37 $1,536.85 $209,624.00
May, 2034 123 $1,089.17 $447.68 $1,536.85 $209,176.32
Jun, 2034 124 $1,086.85 $450.01 $1,536.85 $208,726.31
Jul, 2034 125 $1,084.51 $452.35 $1,536.85 $208,273.96
Aug, 2034 126 $1,082.16 $454.70 $1,536.85 $207,819.27
Sep, 2034 127 $1,079.79 $457.06 $1,536.85 $207,362.21
Oct, 2034 128 $1,077.42 $459.44 $1,536.85 $206,902.77
Nov, 2034 129 $1,075.03 $461.82 $1,536.85 $206,440.95
Dec, 2034 130 $1,072.63 $464.22 $1,536.85 $205,976.73
Jan, 2035 131 $1,070.22 $466.63 $1,536.85 $205,510.09
Feb, 2035 132 $1,067.80 $469.06 $1,536.85 $205,041.03
Mar, 2035 133 $1,065.36 $471.50 $1,536.85 $204,569.54
Apr, 2035 134 $1,062.91 $473.95 $1,536.85 $204,095.59
May, 2035 135 $1,060.45 $476.41 $1,536.85 $203,619.18
Jun, 2035 136 $1,057.97 $478.88 $1,536.85 $203,140.30
Jul, 2035 137 $1,055.48 $481.37 $1,536.85 $202,658.93
Aug, 2035 138 $1,052.98 $483.87 $1,536.85 $202,175.05
Sep, 2035 139 $1,050.47 $486.39 $1,536.85 $201,688.67
Oct, 2035 140 $1,047.94 $488.91 $1,536.85 $201,199.75
Nov, 2035 141 $1,045.40 $491.45 $1,536.85 $200,708.30
Dec, 2035 142 $1,042.85 $494.01 $1,536.85 $200,214.29
Jan, 2036 143 $1,040.28 $496.57 $1,536.85 $199,717.72
Feb, 2036 144 $1,037.70 $499.15 $1,536.85 $199,218.56
Mar, 2036 145 $1,035.11 $501.75 $1,536.85 $198,716.81
Apr, 2036 146 $1,032.50 $504.36 $1,536.85 $198,212.46
May, 2036 147 $1,029.88 $506.98 $1,536.85 $197,705.48
Jun, 2036 148 $1,027.24 $509.61 $1,536.85 $197,195.87
Jul, 2036 149 $1,024.60 $512.26 $1,536.85 $196,683.61
Aug, 2036 150 $1,021.94 $514.92 $1,536.85 $196,168.69
Sep, 2036 151 $1,019.26 $517.60 $1,536.85 $195,651.10
Oct, 2036 152 $1,016.57 $520.28 $1,536.85 $195,130.81
Nov, 2036 153 $1,013.87 $522.99 $1,536.85 $194,607.83
Dec, 2036 154 $1,011.15 $525.71 $1,536.85 $194,082.12
Jan, 2037 155 $1,008.42 $528.44 $1,536.85 $193,553.68
Feb, 2037 156 $1,005.67 $531.18 $1,536.85 $193,022.50
Mar, 2037 157 $1,002.91 $533.94 $1,536.85 $192,488.56
Apr, 2037 158 $1,000.14 $536.72 $1,536.85 $191,951.84
May, 2037 159 $997.35 $539.51 $1,536.85 $191,412.34
Jun, 2037 160 $994.55 $542.31 $1,536.85 $190,870.03
Jul, 2037 161 $991.73 $545.13 $1,536.85 $190,324.90
Aug, 2037 162 $988.90 $547.96 $1,536.85 $189,776.95
Sep, 2037 163 $986.05 $550.81 $1,536.85 $189,226.14
Oct, 2037 164 $983.19 $553.67 $1,536.85 $188,672.47
Nov, 2037 165 $980.31 $556.54 $1,536.85 $188,115.93
Dec, 2037 166 $977.42 $559.44 $1,536.85 $187,556.49
Jan, 2038 167 $974.51 $562.34 $1,536.85 $186,994.15
Feb, 2038 168 $971.59 $565.26 $1,536.85 $186,428.89
Mar, 2038 169 $968.65 $568.20 $1,536.85 $185,860.68
Apr, 2038 170 $965.70 $571.15 $1,536.85 $185,289.53
May, 2038 171 $962.73 $574.12 $1,536.85 $184,715.41
Jun, 2038 172 $959.75 $577.10 $1,536.85 $184,138.30
Jul, 2038 173 $956.75 $580.10 $1,536.85 $183,558.20
Aug, 2038 174 $953.74 $583.12 $1,536.85 $182,975.08
Sep, 2038 175 $950.71 $586.15 $1,536.85 $182,388.94
Oct, 2038 176 $947.66 $589.19 $1,536.85 $181,799.75
Nov, 2038 177 $944.60 $592.25 $1,536.85 $181,207.49
Dec, 2038 178 $941.52 $595.33 $1,536.85 $180,612.16
Jan, 2039 179 $938.43 $598.42 $1,536.85 $180,013.74
Feb, 2039 180 $935.32 $601.53 $1,536.85 $179,412.20
Mar, 2039 181 $932.20 $604.66 $1,536.85 $178,807.54
Apr, 2039 182 $929.05 $607.80 $1,536.85 $178,199.74
May, 2039 183 $925.90 $610.96 $1,536.85 $177,588.78
Jun, 2039 184 $922.72 $614.13 $1,536.85 $176,974.65
Jul, 2039 185 $919.53 $617.32 $1,536.85 $176,357.33
Aug, 2039 186 $916.32 $620.53 $1,536.85 $175,736.80
Sep, 2039 187 $913.10 $623.76 $1,536.85 $175,113.04
Oct, 2039 188 $909.86 $627.00 $1,536.85 $174,486.04
Nov, 2039 189 $906.60 $630.25 $1,536.85 $173,855.79
Dec, 2039 190 $903.33 $633.53 $1,536.85 $173,222.26
Jan, 2040 191 $900.03 $636.82 $1,536.85 $172,585.44
Feb, 2040 192 $896.73 $640.13 $1,536.85 $171,945.31
Mar, 2040 193 $893.40 $643.46 $1,536.85 $171,301.85
Apr, 2040 194 $890.06 $646.80 $1,536.85 $170,655.05
May, 2040 195 $886.70 $650.16 $1,536.85 $170,004.89
Jun, 2040 196 $883.32 $653.54 $1,536.85 $169,351.36
Jul, 2040 197 $879.92 $656.93 $1,536.85 $168,694.42
Aug, 2040 198 $876.51 $660.35 $1,536.85 $168,034.08
Sep, 2040 199 $873.08 $663.78 $1,536.85 $167,370.30
Oct, 2040 200 $869.63 $667.23 $1,536.85 $166,703.07
Nov, 2040 201 $866.16 $670.69 $1,536.85 $166,032.38
Dec, 2040 202 $862.68 $674.18 $1,536.85 $165,358.20
Jan, 2041 203 $859.17 $677.68 $1,536.85 $164,680.52
Feb, 2041 204 $855.65 $681.20 $1,536.85 $163,999.32
Mar, 2041 205 $852.11 $684.74 $1,536.85 $163,314.57
Apr, 2041 206 $848.56 $688.30 $1,536.85 $162,626.27
May, 2041 207 $844.98 $691.88 $1,536.85 $161,934.40
Jun, 2041 208 $841.38 $695.47 $1,536.85 $161,238.93
Jul, 2041 209 $837.77 $699.08 $1,536.85 $160,539.84
Aug, 2041 210 $834.14 $702.72 $1,536.85 $159,837.13
Sep, 2041 211 $830.49 $706.37 $1,536.85 $159,130.76
Oct, 2041 212 $826.82 $710.04 $1,536.85 $158,420.72
Nov, 2041 213 $823.13 $713.73 $1,536.85 $157,706.99
Dec, 2041 214 $819.42 $717.44 $1,536.85 $156,989.56
Jan, 2042 215 $815.69 $721.16 $1,536.85 $156,268.40
Feb, 2042 216 $811.94 $724.91 $1,536.85 $155,543.48
Mar, 2042 217 $808.18 $728.68 $1,536.85 $154,814.81
Apr, 2042 218 $804.39 $732.46 $1,536.85 $154,082.35
May, 2042 219 $800.59 $736.27 $1,536.85 $153,346.08
Jun, 2042 220 $796.76 $740.09 $1,536.85 $152,605.98
Jul, 2042 221 $792.92 $743.94 $1,536.85 $151,862.04
Aug, 2042 222 $789.05 $747.81 $1,536.85 $151,114.24
Sep, 2042 223 $785.16 $751.69 $1,536.85 $150,362.55
Oct, 2042 224 $781.26 $755.60 $1,536.85 $149,606.95
Nov, 2042 225 $777.33 $759.52 $1,536.85 $148,847.43
Dec, 2042 226 $773.39 $763.47 $1,536.85 $148,083.96
Jan, 2043 227 $769.42 $767.44 $1,536.85 $147,316.52
Feb, 2043 228 $765.43 $771.42 $1,536.85 $146,545.10
Mar, 2043 229 $761.42 $775.43 $1,536.85 $145,769.67
Apr, 2043 230 $757.39 $779.46 $1,536.85 $144,990.21
May, 2043 231 $753.34 $783.51 $1,536.85 $144,206.70
Jun, 2043 232 $749.27 $787.58 $1,536.85 $143,419.12
Jul, 2043 233 $745.18 $791.67 $1,536.85 $142,627.45
Aug, 2043 234 $741.07 $795.79 $1,536.85 $141,831.66
Sep, 2043 235 $736.93 $799.92 $1,536.85 $141,031.74
Oct, 2043 236 $732.78 $804.08 $1,536.85 $140,227.66
Nov, 2043 237 $728.60 $808.26 $1,536.85 $139,419.41
Dec, 2043 238 $724.40 $812.45 $1,536.85 $138,606.95
Jan, 2044 239 $720.18 $816.68 $1,536.85 $137,790.28
Feb, 2044 240 $715.94 $820.92 $1,536.85 $136,969.36
Mar, 2044 241 $711.67 $825.18 $1,536.85 $136,144.17
Apr, 2044 242 $707.38 $829.47 $1,536.85 $135,314.70
May, 2044 243 $703.07 $833.78 $1,536.85 $134,480.92
Jun, 2044 244 $698.74 $838.11 $1,536.85 $133,642.80
Jul, 2044 245 $694.39 $842.47 $1,536.85 $132,800.33
Aug, 2044 246 $690.01 $846.85 $1,536.85 $131,953.49
Sep, 2044 247 $685.61 $851.25 $1,536.85 $131,102.24
Oct, 2044 248 $681.19 $855.67 $1,536.85 $130,246.57
Nov, 2044 249 $676.74 $860.12 $1,536.85 $129,386.45
Dec, 2044 250 $672.27 $864.58 $1,536.85 $128,521.87
Jan, 2045 251 $667.78 $869.08 $1,536.85 $127,652.79
Feb, 2045 252 $663.26 $873.59 $1,536.85 $126,779.20
Mar, 2045 253 $658.72 $878.13 $1,536.85 $125,901.07
Apr, 2045 254 $654.16 $882.69 $1,536.85 $125,018.38
May, 2045 255 $649.57 $887.28 $1,536.85 $124,131.10
Jun, 2045 256 $644.96 $891.89 $1,536.85 $123,239.21
Jul, 2045 257 $640.33 $896.52 $1,536.85 $122,342.68
Aug, 2045 258 $635.67 $901.18 $1,536.85 $121,441.50
Sep, 2045 259 $630.99 $905.87 $1,536.85 $120,535.63
Oct, 2045 260 $626.28 $910.57 $1,536.85 $119,625.06
Nov, 2045 261 $621.55 $915.30 $1,536.85 $118,709.76
Dec, 2045 262 $616.80 $920.06 $1,536.85 $117,789.70
Jan, 2046 263 $612.02 $924.84 $1,536.85 $116,864.86
Feb, 2046 264 $607.21 $929.64 $1,536.85 $115,935.22
Mar, 2046 265 $602.38 $934.47 $1,536.85 $115,000.74
Apr, 2046 266 $597.52 $939.33 $1,536.85 $114,061.41
May, 2046 267 $592.64 $944.21 $1,536.85 $113,117.20
Jun, 2046 268 $587.74 $949.12 $1,536.85 $112,168.08
Jul, 2046 269 $582.81 $954.05 $1,536.85 $111,214.03
Aug, 2046 270 $577.85 $959.01 $1,536.85 $110,255.03
Sep, 2046 271 $572.87 $963.99 $1,536.85 $109,291.04
Oct, 2046 272 $567.86 $969.00 $1,536.85 $108,322.04
Nov, 2046 273 $562.82 $974.03 $1,536.85 $107,348.01
Dec, 2046 274 $557.76 $979.09 $1,536.85 $106,368.92
Jan, 2047 275 $552.68 $984.18 $1,536.85 $105,384.74
Feb, 2047 276 $547.56 $989.29 $1,536.85 $104,395.45
Mar, 2047 277 $542.42 $994.43 $1,536.85 $103,401.01
Apr, 2047 278 $537.25 $999.60 $1,536.85 $102,401.41
May, 2047 279 $532.06 $1,004.79 $1,536.85 $101,396.62
Jun, 2047 280 $526.84 $1,010.01 $1,536.85 $100,386.60
Jul, 2047 281 $521.59 $1,015.26 $1,536.85 $99,371.34
Aug, 2047 282 $516.32 $1,020.54 $1,536.85 $98,350.80
Sep, 2047 283 $511.01 $1,025.84 $1,536.85 $97,324.96
Oct, 2047 284 $505.68 $1,031.17 $1,536.85 $96,293.79
Nov, 2047 285 $500.33 $1,036.53 $1,536.85 $95,257.26
Dec, 2047 286 $494.94 $1,041.91 $1,536.85 $94,215.35
Jan, 2048 287 $489.53 $1,047.33 $1,536.85 $93,168.02
Feb, 2048 288 $484.09 $1,052.77 $1,536.85 $92,115.25
Mar, 2048 289 $478.62 $1,058.24 $1,536.85 $91,057.01
Apr, 2048 290 $473.12 $1,063.74 $1,536.85 $89,993.28
May, 2048 291 $467.59 $1,069.26 $1,536.85 $88,924.01
Jun, 2048 292 $462.03 $1,074.82 $1,536.85 $87,849.19
Jul, 2048 293 $456.45 $1,080.41 $1,536.85 $86,768.78
Aug, 2048 294 $450.84 $1,086.02 $1,536.85 $85,682.77
Sep, 2048 295 $445.19 $1,091.66 $1,536.85 $84,591.10
Oct, 2048 296 $439.52 $1,097.33 $1,536.85 $83,493.77
Nov, 2048 297 $433.82 $1,103.04 $1,536.85 $82,390.74
Dec, 2048 298 $428.09 $1,108.77 $1,536.85 $81,281.97
Jan, 2049 299 $422.33 $1,114.53 $1,536.85 $80,167.44
Feb, 2049 300 $416.54 $1,120.32 $1,536.85 $79,047.12
Mar, 2049 301 $410.72 $1,126.14 $1,536.85 $77,920.98
Apr, 2049 302 $404.86 $1,131.99 $1,536.85 $76,788.99
May, 2049 303 $398.98 $1,137.87 $1,536.85 $75,651.12
Jun, 2049 304 $393.07 $1,143.78 $1,536.85 $74,507.34
Jul, 2049 305 $387.13 $1,149.73 $1,536.85 $73,357.61
Aug, 2049 306 $381.15 $1,155.70 $1,536.85 $72,201.91
Sep, 2049 307 $375.15 $1,161.71 $1,536.85 $71,040.20
Oct, 2049 308 $369.11 $1,167.74 $1,536.85 $69,872.46
Nov, 2049 309 $363.05 $1,173.81 $1,536.85 $68,698.65
Dec, 2049 310 $356.95 $1,179.91 $1,536.85 $67,518.74
Jan, 2050 311 $350.82 $1,186.04 $1,536.85 $66,332.71
Feb, 2050 312 $344.65 $1,192.20 $1,536.85 $65,140.50
Mar, 2050 313 $338.46 $1,198.40 $1,536.85 $63,942.11
Apr, 2050 314 $332.23 $1,204.62 $1,536.85 $62,737.49
May, 2050 315 $325.97 $1,210.88 $1,536.85 $61,526.61
Jun, 2050 316 $319.68 $1,217.17 $1,536.85 $60,309.43
Jul, 2050 317 $313.36 $1,223.50 $1,536.85 $59,085.94
Aug, 2050 318 $307.00 $1,229.85 $1,536.85 $57,856.08
Sep, 2050 319 $300.61 $1,236.24 $1,536.85 $56,619.84
Oct, 2050 320 $294.19 $1,242.67 $1,536.85 $55,377.17
Nov, 2050 321 $287.73 $1,249.12 $1,536.85 $54,128.04
Dec, 2050 322 $281.24 $1,255.61 $1,536.85 $52,872.43
Jan, 2051 323 $274.72 $1,262.14 $1,536.85 $51,610.29
Feb, 2051 324 $268.16 $1,268.70 $1,536.85 $50,341.60
Mar, 2051 325 $261.57 $1,275.29 $1,536.85 $49,066.31
Apr, 2051 326 $254.94 $1,281.91 $1,536.85 $47,784.39
May, 2051 327 $248.28 $1,288.58 $1,536.85 $46,495.82
Jun, 2051 328 $241.58 $1,295.27 $1,536.85 $45,200.55
Jul, 2051 329 $234.85 $1,302.00 $1,536.85 $43,898.55
Aug, 2051 330 $228.09 $1,308.77 $1,536.85 $42,589.78
Sep, 2051 331 $221.29 $1,315.57 $1,536.85 $41,274.22
Oct, 2051 332 $214.45 $1,322.40 $1,536.85 $39,951.81
Nov, 2051 333 $207.58 $1,329.27 $1,536.85 $38,622.54
Dec, 2051 334 $200.68 $1,336.18 $1,536.85 $37,286.36
Jan, 2052 335 $193.73 $1,343.12 $1,536.85 $35,943.24
Feb, 2052 336 $186.76 $1,350.10 $1,536.85 $34,593.14
Mar, 2052 337 $179.74 $1,357.11 $1,536.85 $33,236.03
Apr, 2052 338 $172.69 $1,364.17 $1,536.85 $31,871.86
May, 2052 339 $165.60 $1,371.25 $1,536.85 $30,500.61
Jun, 2052 340 $158.48 $1,378.38 $1,536.85 $29,122.23
Jul, 2052 341 $151.31 $1,385.54 $1,536.85 $27,736.69
Aug, 2052 342 $144.12 $1,392.74 $1,536.85 $26,343.95
Sep, 2052 343 $136.88 $1,399.98 $1,536.85 $24,943.97
Oct, 2052 344 $129.60 $1,407.25 $1,536.85 $23,536.72
Nov, 2052 345 $122.29 $1,414.56 $1,536.85 $22,122.16
Dec, 2052 346 $114.94 $1,421.91 $1,536.85 $20,700.25
Jan, 2053 347 $107.56 $1,429.30 $1,536.85 $19,270.95
Feb, 2053 348 $100.13 $1,436.73 $1,536.85 $17,834.22
Mar, 2053 349 $92.66 $1,444.19 $1,536.85 $16,390.03
Apr, 2053 350 $85.16 $1,451.70 $1,536.85 $14,938.34
May, 2053 351 $77.62 $1,459.24 $1,536.85 $13,479.10
Jun, 2053 352 $70.04 $1,466.82 $1,536.85 $12,012.28
Jul, 2053 353 $62.41 $1,474.44 $1,536.85 $10,537.84
Aug, 2053 354 $54.75 $1,482.10 $1,536.85 $9,055.74
Sep, 2053 355 $47.05 $1,489.80 $1,536.85 $7,565.93
Oct, 2053 356 $39.31 $1,497.54 $1,536.85 $6,068.39
Nov, 2053 357 $31.53 $1,505.32 $1,536.85 $4,563.06
Dec, 2053 358 $23.71 $1,513.15 $1,536.85 $3,049.92
Jan, 2054 359 $15.85 $1,521.01 $1,536.85 $1,528.91
Feb, 2054 360 $7.94 $1,528.91 $1,536.85 $0.00

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What is an Amortization Schedule?

When borrowers apply for a mortgage to finance the purchase of their home, they need to repay the loan to the lender on a monthly basis. A mortgage amortization schedule is a table that shows each monthly payment that borrowers will make throughout the loan. The amortization schedule usually lists the monthly payment amount, principal payment, interest payment, and the remaining balance. While the monthly payment amount stays the same on a conventional mortgage with a fixed interest rate, the principal and interest amount varies each payment.


How Does Amortization Work?

A traditional mortgage with a fixed interest rate has a fixed monthly payment. In the beginning, the majority part of the payment is for interest, with little money paying down the principal. As time progresses, the ratio between interest and principal will get smaller and eventually reverse. For this reason, the longer the term, the more interest a borrower will be paying. The most common mortgage terms are 30 years and 15 years in the United States. Borrowers will be paying a lot more money in interest with a 30-year term than a 15-year term mortgage.


Amortization Schedule Example

Let's take a look at an example of how much more a borrower will pay at the end of a 30-year term compared to the 15-year term. Example 1 Mortgage Amount = $300,000 Term = 15 year Interest Rate = 5% The monthly payment is $2,372.38 for the 15-year term, and the total payment is $427,028.56 when the mortgage is paid off after 15 years. Example 2 Mortgage Amount = $300,000 Term = 30 year Interest Rate = 5% The monthly payment is $1,610.46 for the 30-year term, and the total payment is $579,767.35 when the mortgage is paid off after 30 years. As we can see from the above 2 examples, a $300,000 mortgage with a 15 year term and a fixed rate of 5% pays about $127,028.56 in interest and a total payment of $427,028.56, whereas a 30 year term with the same interest pays about $279,767.35 and a total payment of $579,767.35. Borrowers pay $152,738.79 more in total payment on a mortgage of $300,000 on a 30-year term although the monthly payment is lower.


How to Calculate Amortization Schedule?

An amortization schedule consists of four parts, the monthly payment, interest payment, principal payment, and the remaining balance. Therefore, we must have an amortization schedule formula that calculates each of the four items. Following are the step-by-step instructions on how to calculate the amortization schedule. Amortization Schedule Formula Step 1 - Calculate the monthly payment Monthly Payment = (P x i/100/12) / (1 - 1 / (1 + i/100/12)^ n)), where P = Balance i = interest rate n = number of months to pay off the loan The reason we need to divide the interest rate by 100 and 12 is that we need to express the interest rate in decimal instead of percentages, and there are 12 months in a year.  Using the above formula, we will get the monthly payment, but we still need to find the interest and principal payment each month.


Step 2 - Calculate the monthly interest payment To calculate the monthly interest payment, we will need to divide the annual interest rate by 12 as there are 12 months in a year. We also need to divide the interest rate by 100 to express the interest rate as a decimal instead of a percentage. Interest Payment = (i / 12 / 100) x Balance, where i = interest rate Step 3 - Calculate the monthly principal payment The monthly payment is calculated by subtracting the total monthly payment from the interest payment for that month. Principal Payment = Monthly Payment - Interest Payment Step 4 - Calculate the remaining balance The remaining balance is calculated by subtracting the monthly payment from the current balance. Remaining Balance = Current Balance - Monthly Principal Payment Step 5 - Repeat steps 1 - 4 until the mortgage is the payoff Steps 1 - 4 calculate only the first month of an amortization table. In order to get a complete amortization schedule, we need to repeat steps 1 - 4 for the whole payment term until the mortgage is paid off. The only difference is that we will base our calculation on the remaining balance instead of the original loan amount. For a 15-year mortgage, we would have to repeat the above steps 180 times as there are 12 months in a year, and 15 x 12 = 180.


Creating An Amortization Schedule

Let's take a look at how we will create an amortization for a $300,000 mortgage with a 5% interest and 30-year term. Step 1 - Calculate the monthly payment Plug in the monthly payment formula, and we get
Monthly Payment = (P x i/100/12) / (1 - 1 / (1 + i/100/12)^ n)) Monthly Payment = (P x i/100/12) / (1 - 1 / (1 + i/100/12)^ n)) = (300,000 x 5/100/12) / (1 - 1 / (1 + 5/100/12)^ 360)) = (300,000 x 0.004167)/(1 - 1/(1 + 0.004167) ^ 360) = 1,250.1/(1 - 1/1.004167^360) = 1,250.1/(1- 1/4.46828) = 1,250.1/(1 - 0.2238) = 1,250.1/(0.7762) = 1610.46 $1,610.46 is the total monthly payment that a borrower will be paying each month. On a fixed interest mortgage, the monthly payment will stay the same throughout the loan terms, so you only need to calculate the monthly payment once. Step 2 - Calculate the monthly interest payment Interest Payment = (i / 12 / 100) x Monthly Payment Interest Payment = 5/12/100 x 300000 = 0.004167 x 300000 = 1250 $1,250 is the total interest payment for the first month. Step 3 - Calculate the monthly principal payment Principal Payment = Monthly Payment - Interest Payment = 1,610.46 - 1,250 = 360.46 $360.46 is the total principal payment for the first month. As we can see from the above, the interest payment for the first month far exceeded the principal payment. Interest payment will continue to be much more than the principal until a few years later. Step 4 - Calculate the remaining balance Remaining Balance = Current Balance - Monthly Principal Payment = 300,000 - 360.46 = 299,639.54 The remaining balance is $299,639.54 after the first monthly payment on the mortgage. Now, we have all the parts for our amortization schedule for the first months, and it would look like this.

Payment # Interest Paid Principal Paid Total Payment Remaining Balance
1 $1,250.00 $360.46 $1,610.46 $299,639.54

Step 5 - Repeat steps 1 - 4 until the mortgage is the payoff Since this is a 30 year term, we would have to repeat the above steps 360 times to get the complete amortization table. We won't repeat the steps here, but the following is what the amortization schedule would look like.

Payment # Interest Paid Principal Paid Total Payment Remaining Balance
1 $1,250.00 $360.46 $1,610.46 $299,639.54
2 $1,248.50 $361.97 $1,610.46 $299,277.57
3 $1,246.99 $363.48 $1,610.46 $298,914.09
4 $1,245.48 $364.99 $1,610.46 $298,549.10
5 $1,243.95 $366.51 $1,610.46 $298,182.59
... ... ... ... ...
... ... ... ... ...
... ... ... ... ...
356 $33.14 $1,577.33 $1,610.46 $6,375.31
357 $26.56 $1,583.90 $1,610.46 $4,791.41
358 $19.96 $1,590.50 $1,610.46 $3,200.91
359 $13.34 $1,597.13 $1,610.46 $1,603.78
360 $6.68 $1,603.78 $1,610.46 $0.00

Amortization Schedule Calculator

It is tedious to create an amortization schedule manually by hand, that's why we created the amortization schedule calculator to make your life easier. Our amortization calculator will show you a free printable mortgage amortization schedule that has a breakdown of your monthly payment so you know exactly how much is paying interest vs. principal from each payment. The remaining balance of your mortgage will also be shown. You also have the option to view the payment schedule by year or month. There will be a summary showing the total interest, total payment, and payoff date for your mortgage. If your mortgage doesn't start today, you have the option to select a date from the past or any date from the future. Following are the definitions for the amortization calculator. Loan Amount - Mortgage or the loan amount that you have or planning to apply. Loan Terms - You can enter a 30 year, 15 year, or any other term for your loan. Interest Rate - A fixed rate for your mortgage. First Payment Date - Select a start date for your mortgage. Amortization schedule - View the amortization by year or month. The mortgage loan calculator is simple and easy to use and comes with a printable amortization schedule with dates.


Amortization Schedule With Fixed Monthly Payment

The amortization schedule is printer friendly, so that you can easily view the amortization table at your convenience. After you calculate your mortgage, there will be a green button called "Print" showing below the payment schedule. Hit that print button to print the payment schedule.


Export Amortization Schedule to Excel & PDF

Not only is our payment schedule printable, but you can also export it to pdf format so you can save it for later view. There is a "Save as PDF" button shown next to the "Print" button that allows you to save the amortization schedule. We've also recently added the functionality to export the amortization schedule to an Excel spreadsheet or as a text file. Different versions of the excel format are supported for the amortization table. This is a simple loan calculator that allows you to see the amortization schedule by month or year. If you need to include more options in your mortgage calculations such as the home value, PMI, property tax, homeowners insurance, payment frequency, and extra payment, please use our printable amortization schedule with extra payments. If you need an amortization schedule with irregular payments, use the Excel Amortization Schedule With Irregular Payments.



Payoff Your Mortgage With Extra Payment?

Most people never look at the payment breakdown of each payment between interest and payment and do not understand how the amortization works. Therefore, they may not even know there are other options to pay off their mortgage faster and save on interest payments. Of course, these options are not for everyone, because paying off your loan means you have to make extra payments. To learn more about these options, check out our biweekly payment calculator and extra payment calculator.


Other Amortization Schedule Calculators

We also offer other mortgage calculators with amortization schedules for unconventional loans such as FHA, USDA, and VA mortgages. A commercial mortgage calculator is also available for those who are interested in commercial properties. We also offer mortgage calculators for early payoff, refinance, and balloon calculators. All of the mortgage calculators have the built in function for a printable amortization schedule. For those who are looking for a balloon mortgage calculator, use the printable amortization schedule with balloon payment.

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