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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. Simply enter the loan amount, loan terms, and interest rate to calculate your payment and get the monthly amortization table to view the interest and principal from each payment.

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:
$1,193.54
Total # Of Payments:
360
Start Date:
Jul, 2022
Payoff Date:
Jun, 2052
Total Interest Paid:
$179,673.77
Total Payment:
$429,673.77



Printable Mortgage Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Jul, 2022 1 $833.33 $360.20 $1,193.54 $249,639.80
Aug, 2022 2 $832.13 $361.41 $1,193.54 $249,278.39
Sep, 2022 3 $830.93 $362.61 $1,193.54 $248,915.78
Oct, 2022 4 $829.72 $363.82 $1,193.54 $248,551.96
Nov, 2022 5 $828.51 $365.03 $1,193.54 $248,186.93
Dec, 2022 6 $827.29 $366.25 $1,193.54 $247,820.68
Jan, 2023 7 $826.07 $367.47 $1,193.54 $247,453.21
Feb, 2023 8 $824.84 $368.69 $1,193.54 $247,084.52
Mar, 2023 9 $823.62 $369.92 $1,193.54 $246,714.59
Apr, 2023 10 $822.38 $371.16 $1,193.54 $246,343.44
May, 2023 11 $821.14 $372.39 $1,193.54 $245,971.04
Jun, 2023 12 $819.90 $373.63 $1,193.54 $245,597.41
Jul, 2023 13 $818.66 $374.88 $1,193.54 $245,222.53
Aug, 2023 14 $817.41 $376.13 $1,193.54 $244,846.40
Sep, 2023 15 $816.15 $377.38 $1,193.54 $244,469.02
Oct, 2023 16 $814.90 $378.64 $1,193.54 $244,090.37
Nov, 2023 17 $813.63 $379.90 $1,193.54 $243,710.47
Dec, 2023 18 $812.37 $381.17 $1,193.54 $243,329.30
Jan, 2024 19 $811.10 $382.44 $1,193.54 $242,946.86
Feb, 2024 20 $809.82 $383.72 $1,193.54 $242,563.14
Mar, 2024 21 $808.54 $384.99 $1,193.54 $242,178.15
Apr, 2024 22 $807.26 $386.28 $1,193.54 $241,791.87
May, 2024 23 $805.97 $387.57 $1,193.54 $241,404.31
Jun, 2024 24 $804.68 $388.86 $1,193.54 $241,015.45
Jul, 2024 25 $803.38 $390.15 $1,193.54 $240,625.30
Aug, 2024 26 $802.08 $391.45 $1,193.54 $240,233.84
Sep, 2024 27 $800.78 $392.76 $1,193.54 $239,841.08
Oct, 2024 28 $799.47 $394.07 $1,193.54 $239,447.02
Nov, 2024 29 $798.16 $395.38 $1,193.54 $239,051.63
Dec, 2024 30 $796.84 $396.70 $1,193.54 $238,654.93
Jan, 2025 31 $795.52 $398.02 $1,193.54 $238,256.91
Feb, 2025 32 $794.19 $399.35 $1,193.54 $237,857.56
Mar, 2025 33 $792.86 $400.68 $1,193.54 $237,456.88
Apr, 2025 34 $791.52 $402.02 $1,193.54 $237,054.87
May, 2025 35 $790.18 $403.36 $1,193.54 $236,651.51
Jun, 2025 36 $788.84 $404.70 $1,193.54 $236,246.81
Jul, 2025 37 $787.49 $406.05 $1,193.54 $235,840.77
Aug, 2025 38 $786.14 $407.40 $1,193.54 $235,433.36
Sep, 2025 39 $784.78 $408.76 $1,193.54 $235,024.60
Oct, 2025 40 $783.42 $410.12 $1,193.54 $234,614.48
Nov, 2025 41 $782.05 $411.49 $1,193.54 $234,202.99
Dec, 2025 42 $780.68 $412.86 $1,193.54 $233,790.13
Jan, 2026 43 $779.30 $414.24 $1,193.54 $233,375.89
Feb, 2026 44 $777.92 $415.62 $1,193.54 $232,960.27
Mar, 2026 45 $776.53 $417.00 $1,193.54 $232,543.27
Apr, 2026 46 $775.14 $418.39 $1,193.54 $232,124.87
May, 2026 47 $773.75 $419.79 $1,193.54 $231,705.08
Jun, 2026 48 $772.35 $421.19 $1,193.54 $231,283.90
Jul, 2026 49 $770.95 $422.59 $1,193.54 $230,861.30
Aug, 2026 50 $769.54 $424.00 $1,193.54 $230,437.30
Sep, 2026 51 $768.12 $425.41 $1,193.54 $230,011.89
Oct, 2026 52 $766.71 $426.83 $1,193.54 $229,585.06
Nov, 2026 53 $765.28 $428.25 $1,193.54 $229,156.80
Dec, 2026 54 $763.86 $429.68 $1,193.54 $228,727.12
Jan, 2027 55 $762.42 $431.11 $1,193.54 $228,296.01
Feb, 2027 56 $760.99 $432.55 $1,193.54 $227,863.46
Mar, 2027 57 $759.54 $433.99 $1,193.54 $227,429.46
Apr, 2027 58 $758.10 $435.44 $1,193.54 $226,994.02
May, 2027 59 $756.65 $436.89 $1,193.54 $226,557.13
Jun, 2027 60 $755.19 $438.35 $1,193.54 $226,118.78
Jul, 2027 61 $753.73 $439.81 $1,193.54 $225,678.97
Aug, 2027 62 $752.26 $441.27 $1,193.54 $225,237.70
Sep, 2027 63 $750.79 $442.75 $1,193.54 $224,794.95
Oct, 2027 64 $749.32 $444.22 $1,193.54 $224,350.73
Nov, 2027 65 $747.84 $445.70 $1,193.54 $223,905.03
Dec, 2027 66 $746.35 $447.19 $1,193.54 $223,457.84
Jan, 2028 67 $744.86 $448.68 $1,193.54 $223,009.16
Feb, 2028 68 $743.36 $450.17 $1,193.54 $222,558.99
Mar, 2028 69 $741.86 $451.67 $1,193.54 $222,107.31
Apr, 2028 70 $740.36 $453.18 $1,193.54 $221,654.13
May, 2028 71 $738.85 $454.69 $1,193.54 $221,199.44
Jun, 2028 72 $737.33 $456.21 $1,193.54 $220,743.23
Jul, 2028 73 $735.81 $457.73 $1,193.54 $220,285.51
Aug, 2028 74 $734.29 $459.25 $1,193.54 $219,826.25
Sep, 2028 75 $732.75 $460.78 $1,193.54 $219,365.47
Oct, 2028 76 $731.22 $462.32 $1,193.54 $218,903.15
Nov, 2028 77 $729.68 $463.86 $1,193.54 $218,439.29
Dec, 2028 78 $728.13 $465.41 $1,193.54 $217,973.88
Jan, 2029 79 $726.58 $466.96 $1,193.54 $217,506.92
Feb, 2029 80 $725.02 $468.52 $1,193.54 $217,038.41
Mar, 2029 81 $723.46 $470.08 $1,193.54 $216,568.33
Apr, 2029 82 $721.89 $471.64 $1,193.54 $216,096.69
May, 2029 83 $720.32 $473.22 $1,193.54 $215,623.47
Jun, 2029 84 $718.74 $474.79 $1,193.54 $215,148.68
Jul, 2029 85 $717.16 $476.38 $1,193.54 $214,672.30
Aug, 2029 86 $715.57 $477.96 $1,193.54 $214,194.34
Sep, 2029 87 $713.98 $479.56 $1,193.54 $213,714.78
Oct, 2029 88 $712.38 $481.16 $1,193.54 $213,233.62
Nov, 2029 89 $710.78 $482.76 $1,193.54 $212,750.87
Dec, 2029 90 $709.17 $484.37 $1,193.54 $212,266.50
Jan, 2030 91 $707.55 $485.98 $1,193.54 $211,780.51
Feb, 2030 92 $705.94 $487.60 $1,193.54 $211,292.91
Mar, 2030 93 $704.31 $489.23 $1,193.54 $210,803.68
Apr, 2030 94 $702.68 $490.86 $1,193.54 $210,312.82
May, 2030 95 $701.04 $492.50 $1,193.54 $209,820.33
Jun, 2030 96 $699.40 $494.14 $1,193.54 $209,326.19
Jul, 2030 97 $697.75 $495.78 $1,193.54 $208,830.41
Aug, 2030 98 $696.10 $497.44 $1,193.54 $208,332.97
Sep, 2030 99 $694.44 $499.10 $1,193.54 $207,833.87
Oct, 2030 100 $692.78 $500.76 $1,193.54 $207,333.11
Nov, 2030 101 $691.11 $502.43 $1,193.54 $206,830.69
Dec, 2030 102 $689.44 $504.10 $1,193.54 $206,326.58
Jan, 2031 103 $687.76 $505.78 $1,193.54 $205,820.80
Feb, 2031 104 $686.07 $507.47 $1,193.54 $205,313.33
Mar, 2031 105 $684.38 $509.16 $1,193.54 $204,804.17
Apr, 2031 106 $682.68 $510.86 $1,193.54 $204,293.31
May, 2031 107 $680.98 $512.56 $1,193.54 $203,780.75
Jun, 2031 108 $679.27 $514.27 $1,193.54 $203,266.48
Jul, 2031 109 $677.55 $515.98 $1,193.54 $202,750.50
Aug, 2031 110 $675.84 $517.70 $1,193.54 $202,232.80
Sep, 2031 111 $674.11 $519.43 $1,193.54 $201,713.37
Oct, 2031 112 $672.38 $521.16 $1,193.54 $201,192.21
Nov, 2031 113 $670.64 $522.90 $1,193.54 $200,669.31
Dec, 2031 114 $668.90 $524.64 $1,193.54 $200,144.67
Jan, 2032 115 $667.15 $526.39 $1,193.54 $199,618.28
Feb, 2032 116 $665.39 $528.14 $1,193.54 $199,090.14
Mar, 2032 117 $663.63 $529.90 $1,193.54 $198,560.23
Apr, 2032 118 $661.87 $531.67 $1,193.54 $198,028.56
May, 2032 119 $660.10 $533.44 $1,193.54 $197,495.12
Jun, 2032 120 $658.32 $535.22 $1,193.54 $196,959.90
Jul, 2032 121 $656.53 $537.01 $1,193.54 $196,422.89
Aug, 2032 122 $654.74 $538.80 $1,193.54 $195,884.10
Sep, 2032 123 $652.95 $540.59 $1,193.54 $195,343.51
Oct, 2032 124 $651.15 $542.39 $1,193.54 $194,801.11
Nov, 2032 125 $649.34 $544.20 $1,193.54 $194,256.91
Dec, 2032 126 $647.52 $546.02 $1,193.54 $193,710.90
Jan, 2033 127 $645.70 $547.84 $1,193.54 $193,163.06
Feb, 2033 128 $643.88 $549.66 $1,193.54 $192,613.40
Mar, 2033 129 $642.04 $551.49 $1,193.54 $192,061.91
Apr, 2033 130 $640.21 $553.33 $1,193.54 $191,508.57
May, 2033 131 $638.36 $555.18 $1,193.54 $190,953.40
Jun, 2033 132 $636.51 $557.03 $1,193.54 $190,396.37
Jul, 2033 133 $634.65 $558.88 $1,193.54 $189,837.49
Aug, 2033 134 $632.79 $560.75 $1,193.54 $189,276.74
Sep, 2033 135 $630.92 $562.62 $1,193.54 $188,714.13
Oct, 2033 136 $629.05 $564.49 $1,193.54 $188,149.63
Nov, 2033 137 $627.17 $566.37 $1,193.54 $187,583.26
Dec, 2033 138 $625.28 $568.26 $1,193.54 $187,015.00
Jan, 2034 139 $623.38 $570.15 $1,193.54 $186,444.85
Feb, 2034 140 $621.48 $572.06 $1,193.54 $185,872.79
Mar, 2034 141 $619.58 $573.96 $1,193.54 $185,298.83
Apr, 2034 142 $617.66 $575.88 $1,193.54 $184,722.95
May, 2034 143 $615.74 $577.80 $1,193.54 $184,145.16
Jun, 2034 144 $613.82 $579.72 $1,193.54 $183,565.44
Jul, 2034 145 $611.88 $581.65 $1,193.54 $182,983.78
Aug, 2034 146 $609.95 $583.59 $1,193.54 $182,400.19
Sep, 2034 147 $608.00 $585.54 $1,193.54 $181,814.65
Oct, 2034 148 $606.05 $587.49 $1,193.54 $181,227.16
Nov, 2034 149 $604.09 $589.45 $1,193.54 $180,637.72
Dec, 2034 150 $602.13 $591.41 $1,193.54 $180,046.30
Jan, 2035 151 $600.15 $593.38 $1,193.54 $179,452.92
Feb, 2035 152 $598.18 $595.36 $1,193.54 $178,857.56
Mar, 2035 153 $596.19 $597.35 $1,193.54 $178,260.21
Apr, 2035 154 $594.20 $599.34 $1,193.54 $177,660.87
May, 2035 155 $592.20 $601.34 $1,193.54 $177,059.54
Jun, 2035 156 $590.20 $603.34 $1,193.54 $176,456.20
Jul, 2035 157 $588.19 $605.35 $1,193.54 $175,850.85
Aug, 2035 158 $586.17 $607.37 $1,193.54 $175,243.48
Sep, 2035 159 $584.14 $609.39 $1,193.54 $174,634.09
Oct, 2035 160 $582.11 $611.42 $1,193.54 $174,022.66
Nov, 2035 161 $580.08 $613.46 $1,193.54 $173,409.20
Dec, 2035 162 $578.03 $615.51 $1,193.54 $172,793.69
Jan, 2036 163 $575.98 $617.56 $1,193.54 $172,176.13
Feb, 2036 164 $573.92 $619.62 $1,193.54 $171,556.51
Mar, 2036 165 $571.86 $621.68 $1,193.54 $170,934.83
Apr, 2036 166 $569.78 $623.76 $1,193.54 $170,311.08
May, 2036 167 $567.70 $625.83 $1,193.54 $169,685.24
Jun, 2036 168 $565.62 $627.92 $1,193.54 $169,057.32
Jul, 2036 169 $563.52 $630.01 $1,193.54 $168,427.31
Aug, 2036 170 $561.42 $632.11 $1,193.54 $167,795.19
Sep, 2036 171 $559.32 $634.22 $1,193.54 $167,160.97
Oct, 2036 172 $557.20 $636.34 $1,193.54 $166,524.64
Nov, 2036 173 $555.08 $638.46 $1,193.54 $165,886.18
Dec, 2036 174 $552.95 $640.58 $1,193.54 $165,245.60
Jan, 2037 175 $550.82 $642.72 $1,193.54 $164,602.88
Feb, 2037 176 $548.68 $644.86 $1,193.54 $163,958.01
Mar, 2037 177 $546.53 $647.01 $1,193.54 $163,311.00
Apr, 2037 178 $544.37 $649.17 $1,193.54 $162,661.83
May, 2037 179 $542.21 $651.33 $1,193.54 $162,010.50
Jun, 2037 180 $540.04 $653.50 $1,193.54 $161,357.00
Jul, 2037 181 $537.86 $655.68 $1,193.54 $160,701.32
Aug, 2037 182 $535.67 $657.87 $1,193.54 $160,043.45
Sep, 2037 183 $533.48 $660.06 $1,193.54 $159,383.39
Oct, 2037 184 $531.28 $662.26 $1,193.54 $158,721.13
Nov, 2037 185 $529.07 $664.47 $1,193.54 $158,056.66
Dec, 2037 186 $526.86 $666.68 $1,193.54 $157,389.98
Jan, 2038 187 $524.63 $668.90 $1,193.54 $156,721.07
Feb, 2038 188 $522.40 $671.13 $1,193.54 $156,049.94
Mar, 2038 189 $520.17 $673.37 $1,193.54 $155,376.57
Apr, 2038 190 $517.92 $675.62 $1,193.54 $154,700.95
May, 2038 191 $515.67 $677.87 $1,193.54 $154,023.08
Jun, 2038 192 $513.41 $680.13 $1,193.54 $153,342.96
Jul, 2038 193 $511.14 $682.40 $1,193.54 $152,660.56
Aug, 2038 194 $508.87 $684.67 $1,193.54 $151,975.89
Sep, 2038 195 $506.59 $686.95 $1,193.54 $151,288.94
Oct, 2038 196 $504.30 $689.24 $1,193.54 $150,599.70
Nov, 2038 197 $502.00 $691.54 $1,193.54 $149,908.16
Dec, 2038 198 $499.69 $693.84 $1,193.54 $149,214.31
Jan, 2039 199 $497.38 $696.16 $1,193.54 $148,518.16
Feb, 2039 200 $495.06 $698.48 $1,193.54 $147,819.68
Mar, 2039 201 $492.73 $700.81 $1,193.54 $147,118.87
Apr, 2039 202 $490.40 $703.14 $1,193.54 $146,415.73
May, 2039 203 $488.05 $705.49 $1,193.54 $145,710.24
Jun, 2039 204 $485.70 $707.84 $1,193.54 $145,002.41
Jul, 2039 205 $483.34 $710.20 $1,193.54 $144,292.21
Aug, 2039 206 $480.97 $712.56 $1,193.54 $143,579.65
Sep, 2039 207 $478.60 $714.94 $1,193.54 $142,864.71
Oct, 2039 208 $476.22 $717.32 $1,193.54 $142,147.38
Nov, 2039 209 $473.82 $719.71 $1,193.54 $141,427.67
Dec, 2039 210 $471.43 $722.11 $1,193.54 $140,705.56
Jan, 2040 211 $469.02 $724.52 $1,193.54 $139,981.04
Feb, 2040 212 $466.60 $726.93 $1,193.54 $139,254.10
Mar, 2040 213 $464.18 $729.36 $1,193.54 $138,524.75
Apr, 2040 214 $461.75 $731.79 $1,193.54 $137,792.96
May, 2040 215 $459.31 $734.23 $1,193.54 $137,058.73
Jun, 2040 216 $456.86 $736.68 $1,193.54 $136,322.05
Jul, 2040 217 $454.41 $739.13 $1,193.54 $135,582.92
Aug, 2040 218 $451.94 $741.60 $1,193.54 $134,841.33
Sep, 2040 219 $449.47 $744.07 $1,193.54 $134,097.26
Oct, 2040 220 $446.99 $746.55 $1,193.54 $133,350.71
Nov, 2040 221 $444.50 $749.04 $1,193.54 $132,601.68
Dec, 2040 222 $442.01 $751.53 $1,193.54 $131,850.14
Jan, 2041 223 $439.50 $754.04 $1,193.54 $131,096.10
Feb, 2041 224 $436.99 $756.55 $1,193.54 $130,339.55
Mar, 2041 225 $434.47 $759.07 $1,193.54 $129,580.48
Apr, 2041 226 $431.93 $761.60 $1,193.54 $128,818.88
May, 2041 227 $429.40 $764.14 $1,193.54 $128,054.74
Jun, 2041 228 $426.85 $766.69 $1,193.54 $127,288.05
Jul, 2041 229 $424.29 $769.24 $1,193.54 $126,518.80
Aug, 2041 230 $421.73 $771.81 $1,193.54 $125,746.99
Sep, 2041 231 $419.16 $774.38 $1,193.54 $124,972.61
Oct, 2041 232 $416.58 $776.96 $1,193.54 $124,195.65
Nov, 2041 233 $413.99 $779.55 $1,193.54 $123,416.10
Dec, 2041 234 $411.39 $782.15 $1,193.54 $122,633.94
Jan, 2042 235 $408.78 $784.76 $1,193.54 $121,849.19
Feb, 2042 236 $406.16 $787.37 $1,193.54 $121,061.81
Mar, 2042 237 $403.54 $790.00 $1,193.54 $120,271.81
Apr, 2042 238 $400.91 $792.63 $1,193.54 $119,479.18
May, 2042 239 $398.26 $795.27 $1,193.54 $118,683.91
Jun, 2042 240 $395.61 $797.93 $1,193.54 $117,885.98
Jul, 2042 241 $392.95 $800.58 $1,193.54 $117,085.40
Aug, 2042 242 $390.28 $803.25 $1,193.54 $116,282.14
Sep, 2042 243 $387.61 $805.93 $1,193.54 $115,476.21
Oct, 2042 244 $384.92 $808.62 $1,193.54 $114,667.59
Nov, 2042 245 $382.23 $811.31 $1,193.54 $113,856.28
Dec, 2042 246 $379.52 $814.02 $1,193.54 $113,042.26
Jan, 2043 247 $376.81 $816.73 $1,193.54 $112,225.53
Feb, 2043 248 $374.09 $819.45 $1,193.54 $111,406.08
Mar, 2043 249 $371.35 $822.18 $1,193.54 $110,583.89
Apr, 2043 250 $368.61 $824.93 $1,193.54 $109,758.97
May, 2043 251 $365.86 $827.68 $1,193.54 $108,931.29
Jun, 2043 252 $363.10 $830.43 $1,193.54 $108,100.86
Jul, 2043 253 $360.34 $833.20 $1,193.54 $107,267.66
Aug, 2043 254 $357.56 $835.98 $1,193.54 $106,431.68
Sep, 2043 255 $354.77 $838.77 $1,193.54 $105,592.91
Oct, 2043 256 $351.98 $841.56 $1,193.54 $104,751.35
Nov, 2043 257 $349.17 $844.37 $1,193.54 $103,906.98
Dec, 2043 258 $346.36 $847.18 $1,193.54 $103,059.80
Jan, 2044 259 $343.53 $850.01 $1,193.54 $102,209.80
Feb, 2044 260 $340.70 $852.84 $1,193.54 $101,356.96
Mar, 2044 261 $337.86 $855.68 $1,193.54 $100,501.28
Apr, 2044 262 $335.00 $858.53 $1,193.54 $99,642.74
May, 2044 263 $332.14 $861.40 $1,193.54 $98,781.35
Jun, 2044 264 $329.27 $864.27 $1,193.54 $97,917.08
Jul, 2044 265 $326.39 $867.15 $1,193.54 $97,049.93
Aug, 2044 266 $323.50 $870.04 $1,193.54 $96,179.89
Sep, 2044 267 $320.60 $872.94 $1,193.54 $95,306.95
Oct, 2044 268 $317.69 $875.85 $1,193.54 $94,431.11
Nov, 2044 269 $314.77 $878.77 $1,193.54 $93,552.34
Dec, 2044 270 $311.84 $881.70 $1,193.54 $92,670.64
Jan, 2045 271 $308.90 $884.64 $1,193.54 $91,786.00
Feb, 2045 272 $305.95 $887.58 $1,193.54 $90,898.42
Mar, 2045 273 $302.99 $890.54 $1,193.54 $90,007.88
Apr, 2045 274 $300.03 $893.51 $1,193.54 $89,114.36
May, 2045 275 $297.05 $896.49 $1,193.54 $88,217.87
Jun, 2045 276 $294.06 $899.48 $1,193.54 $87,318.40
Jul, 2045 277 $291.06 $902.48 $1,193.54 $86,415.92
Aug, 2045 278 $288.05 $905.49 $1,193.54 $85,510.43
Sep, 2045 279 $285.03 $908.50 $1,193.54 $84,601.93
Oct, 2045 280 $282.01 $911.53 $1,193.54 $83,690.40
Nov, 2045 281 $278.97 $914.57 $1,193.54 $82,775.83
Dec, 2045 282 $275.92 $917.62 $1,193.54 $81,858.21
Jan, 2046 283 $272.86 $920.68 $1,193.54 $80,937.53
Feb, 2046 284 $269.79 $923.75 $1,193.54 $80,013.79
Mar, 2046 285 $266.71 $926.83 $1,193.54 $79,086.96
Apr, 2046 286 $263.62 $929.92 $1,193.54 $78,157.04
May, 2046 287 $260.52 $933.01 $1,193.54 $77,224.03
Jun, 2046 288 $257.41 $936.12 $1,193.54 $76,287.90
Jul, 2046 289 $254.29 $939.25 $1,193.54 $75,348.66
Aug, 2046 290 $251.16 $942.38 $1,193.54 $74,406.28
Sep, 2046 291 $248.02 $945.52 $1,193.54 $73,460.77
Oct, 2046 292 $244.87 $948.67 $1,193.54 $72,512.10
Nov, 2046 293 $241.71 $951.83 $1,193.54 $71,560.27
Dec, 2046 294 $238.53 $955.00 $1,193.54 $70,605.26
Jan, 2047 295 $235.35 $958.19 $1,193.54 $69,647.07
Feb, 2047 296 $232.16 $961.38 $1,193.54 $68,685.69
Mar, 2047 297 $228.95 $964.59 $1,193.54 $67,721.11
Apr, 2047 298 $225.74 $967.80 $1,193.54 $66,753.31
May, 2047 299 $222.51 $971.03 $1,193.54 $65,782.28
Jun, 2047 300 $219.27 $974.26 $1,193.54 $64,808.02
Jul, 2047 301 $216.03 $977.51 $1,193.54 $63,830.50
Aug, 2047 302 $212.77 $980.77 $1,193.54 $62,849.73
Sep, 2047 303 $209.50 $984.04 $1,193.54 $61,865.69
Oct, 2047 304 $206.22 $987.32 $1,193.54 $60,878.38
Nov, 2047 305 $202.93 $990.61 $1,193.54 $59,887.76
Dec, 2047 306 $199.63 $993.91 $1,193.54 $58,893.85
Jan, 2048 307 $196.31 $997.23 $1,193.54 $57,896.63
Feb, 2048 308 $192.99 $1,000.55 $1,193.54 $56,896.08
Mar, 2048 309 $189.65 $1,003.88 $1,193.54 $55,892.19
Apr, 2048 310 $186.31 $1,007.23 $1,193.54 $54,884.96
May, 2048 311 $182.95 $1,010.59 $1,193.54 $53,874.37
Jun, 2048 312 $179.58 $1,013.96 $1,193.54 $52,860.42
Jul, 2048 313 $176.20 $1,017.34 $1,193.54 $51,843.08
Aug, 2048 314 $172.81 $1,020.73 $1,193.54 $50,822.35
Sep, 2048 315 $169.41 $1,024.13 $1,193.54 $49,798.22
Oct, 2048 316 $165.99 $1,027.54 $1,193.54 $48,770.68
Nov, 2048 317 $162.57 $1,030.97 $1,193.54 $47,739.71
Dec, 2048 318 $159.13 $1,034.41 $1,193.54 $46,705.30
Jan, 2049 319 $155.68 $1,037.85 $1,193.54 $45,667.45
Feb, 2049 320 $152.22 $1,041.31 $1,193.54 $44,626.13
Mar, 2049 321 $148.75 $1,044.78 $1,193.54 $43,581.35
Apr, 2049 322 $145.27 $1,048.27 $1,193.54 $42,533.08
May, 2049 323 $141.78 $1,051.76 $1,193.54 $41,481.32
Jun, 2049 324 $138.27 $1,055.27 $1,193.54 $40,426.05
Jul, 2049 325 $134.75 $1,058.78 $1,193.54 $39,367.27
Aug, 2049 326 $131.22 $1,062.31 $1,193.54 $38,304.96
Sep, 2049 327 $127.68 $1,065.86 $1,193.54 $37,239.10
Oct, 2049 328 $124.13 $1,069.41 $1,193.54 $36,169.69
Nov, 2049 329 $120.57 $1,072.97 $1,193.54 $35,096.72
Dec, 2049 330 $116.99 $1,076.55 $1,193.54 $34,020.17
Jan, 2050 331 $113.40 $1,080.14 $1,193.54 $32,940.03
Feb, 2050 332 $109.80 $1,083.74 $1,193.54 $31,856.30
Mar, 2050 333 $106.19 $1,087.35 $1,193.54 $30,768.95
Apr, 2050 334 $102.56 $1,090.98 $1,193.54 $29,677.97
May, 2050 335 $98.93 $1,094.61 $1,193.54 $28,583.36
Jun, 2050 336 $95.28 $1,098.26 $1,193.54 $27,485.10
Jul, 2050 337 $91.62 $1,101.92 $1,193.54 $26,383.18
Aug, 2050 338 $87.94 $1,105.59 $1,193.54 $25,277.58
Sep, 2050 339 $84.26 $1,109.28 $1,193.54 $24,168.30
Oct, 2050 340 $80.56 $1,112.98 $1,193.54 $23,055.33
Nov, 2050 341 $76.85 $1,116.69 $1,193.54 $21,938.64
Dec, 2050 342 $73.13 $1,120.41 $1,193.54 $20,818.23
Jan, 2051 343 $69.39 $1,124.14 $1,193.54 $19,694.08
Feb, 2051 344 $65.65 $1,127.89 $1,193.54 $18,566.19
Mar, 2051 345 $61.89 $1,131.65 $1,193.54 $17,434.54
Apr, 2051 346 $58.12 $1,135.42 $1,193.54 $16,299.12
May, 2051 347 $54.33 $1,139.21 $1,193.54 $15,159.91
Jun, 2051 348 $50.53 $1,143.01 $1,193.54 $14,016.91
Jul, 2051 349 $46.72 $1,146.82 $1,193.54 $12,870.09
Aug, 2051 350 $42.90 $1,150.64 $1,193.54 $11,719.45
Sep, 2051 351 $39.06 $1,154.47 $1,193.54 $10,564.98
Oct, 2051 352 $35.22 $1,158.32 $1,193.54 $9,406.66
Nov, 2051 353 $31.36 $1,162.18 $1,193.54 $8,244.48
Dec, 2051 354 $27.48 $1,166.06 $1,193.54 $7,078.42
Jan, 2052 355 $23.59 $1,169.94 $1,193.54 $5,908.48
Feb, 2052 356 $19.69 $1,173.84 $1,193.54 $4,734.63
Mar, 2052 357 $15.78 $1,177.76 $1,193.54 $3,556.88
Apr, 2052 358 $11.86 $1,181.68 $1,193.54 $2,375.19
May, 2052 359 $7.92 $1,185.62 $1,193.54 $1,189.57
Jun, 2052 360 $3.97 $1,189.57 $1,193.54 $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. An 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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