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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

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Loan Amortization Calculator Results

Loan Amount:
$250,000.00
Monthly Payment:
$1,193.54
Total # Of Payments:
360
Start Date:
Mar, 2023
Payoff Date:
Feb, 2053
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
Mar, 2023 1 $833.33 $360.20 $1,193.54 $249,639.80
Apr, 2023 2 $832.13 $361.41 $1,193.54 $249,278.39
May, 2023 3 $830.93 $362.61 $1,193.54 $248,915.78
Jun, 2023 4 $829.72 $363.82 $1,193.54 $248,551.96
Jul, 2023 5 $828.51 $365.03 $1,193.54 $248,186.93
Aug, 2023 6 $827.29 $366.25 $1,193.54 $247,820.68
Sep, 2023 7 $826.07 $367.47 $1,193.54 $247,453.21
Oct, 2023 8 $824.84 $368.69 $1,193.54 $247,084.52
Nov, 2023 9 $823.62 $369.92 $1,193.54 $246,714.59
Dec, 2023 10 $822.38 $371.16 $1,193.54 $246,343.44
Jan, 2024 11 $821.14 $372.39 $1,193.54 $245,971.04
Feb, 2024 12 $819.90 $373.63 $1,193.54 $245,597.41
Mar, 2024 13 $818.66 $374.88 $1,193.54 $245,222.53
Apr, 2024 14 $817.41 $376.13 $1,193.54 $244,846.40
May, 2024 15 $816.15 $377.38 $1,193.54 $244,469.02
Jun, 2024 16 $814.90 $378.64 $1,193.54 $244,090.37
Jul, 2024 17 $813.63 $379.90 $1,193.54 $243,710.47
Aug, 2024 18 $812.37 $381.17 $1,193.54 $243,329.30
Sep, 2024 19 $811.10 $382.44 $1,193.54 $242,946.86
Oct, 2024 20 $809.82 $383.72 $1,193.54 $242,563.14
Nov, 2024 21 $808.54 $384.99 $1,193.54 $242,178.15
Dec, 2024 22 $807.26 $386.28 $1,193.54 $241,791.87
Jan, 2025 23 $805.97 $387.57 $1,193.54 $241,404.31
Feb, 2025 24 $804.68 $388.86 $1,193.54 $241,015.45
Mar, 2025 25 $803.38 $390.15 $1,193.54 $240,625.30
Apr, 2025 26 $802.08 $391.45 $1,193.54 $240,233.84
May, 2025 27 $800.78 $392.76 $1,193.54 $239,841.08
Jun, 2025 28 $799.47 $394.07 $1,193.54 $239,447.02
Jul, 2025 29 $798.16 $395.38 $1,193.54 $239,051.63
Aug, 2025 30 $796.84 $396.70 $1,193.54 $238,654.93
Sep, 2025 31 $795.52 $398.02 $1,193.54 $238,256.91
Oct, 2025 32 $794.19 $399.35 $1,193.54 $237,857.56
Nov, 2025 33 $792.86 $400.68 $1,193.54 $237,456.88
Dec, 2025 34 $791.52 $402.02 $1,193.54 $237,054.87
Jan, 2026 35 $790.18 $403.36 $1,193.54 $236,651.51
Feb, 2026 36 $788.84 $404.70 $1,193.54 $236,246.81
Mar, 2026 37 $787.49 $406.05 $1,193.54 $235,840.77
Apr, 2026 38 $786.14 $407.40 $1,193.54 $235,433.36
May, 2026 39 $784.78 $408.76 $1,193.54 $235,024.60
Jun, 2026 40 $783.42 $410.12 $1,193.54 $234,614.48
Jul, 2026 41 $782.05 $411.49 $1,193.54 $234,202.99
Aug, 2026 42 $780.68 $412.86 $1,193.54 $233,790.13
Sep, 2026 43 $779.30 $414.24 $1,193.54 $233,375.89
Oct, 2026 44 $777.92 $415.62 $1,193.54 $232,960.27
Nov, 2026 45 $776.53 $417.00 $1,193.54 $232,543.27
Dec, 2026 46 $775.14 $418.39 $1,193.54 $232,124.87
Jan, 2027 47 $773.75 $419.79 $1,193.54 $231,705.08
Feb, 2027 48 $772.35 $421.19 $1,193.54 $231,283.90
Mar, 2027 49 $770.95 $422.59 $1,193.54 $230,861.30
Apr, 2027 50 $769.54 $424.00 $1,193.54 $230,437.30
May, 2027 51 $768.12 $425.41 $1,193.54 $230,011.89
Jun, 2027 52 $766.71 $426.83 $1,193.54 $229,585.06
Jul, 2027 53 $765.28 $428.25 $1,193.54 $229,156.80
Aug, 2027 54 $763.86 $429.68 $1,193.54 $228,727.12
Sep, 2027 55 $762.42 $431.11 $1,193.54 $228,296.01
Oct, 2027 56 $760.99 $432.55 $1,193.54 $227,863.46
Nov, 2027 57 $759.54 $433.99 $1,193.54 $227,429.46
Dec, 2027 58 $758.10 $435.44 $1,193.54 $226,994.02
Jan, 2028 59 $756.65 $436.89 $1,193.54 $226,557.13
Feb, 2028 60 $755.19 $438.35 $1,193.54 $226,118.78
Mar, 2028 61 $753.73 $439.81 $1,193.54 $225,678.97
Apr, 2028 62 $752.26 $441.27 $1,193.54 $225,237.70
May, 2028 63 $750.79 $442.75 $1,193.54 $224,794.95
Jun, 2028 64 $749.32 $444.22 $1,193.54 $224,350.73
Jul, 2028 65 $747.84 $445.70 $1,193.54 $223,905.03
Aug, 2028 66 $746.35 $447.19 $1,193.54 $223,457.84
Sep, 2028 67 $744.86 $448.68 $1,193.54 $223,009.16
Oct, 2028 68 $743.36 $450.17 $1,193.54 $222,558.99
Nov, 2028 69 $741.86 $451.67 $1,193.54 $222,107.31
Dec, 2028 70 $740.36 $453.18 $1,193.54 $221,654.13
Jan, 2029 71 $738.85 $454.69 $1,193.54 $221,199.44
Feb, 2029 72 $737.33 $456.21 $1,193.54 $220,743.23
Mar, 2029 73 $735.81 $457.73 $1,193.54 $220,285.51
Apr, 2029 74 $734.29 $459.25 $1,193.54 $219,826.25
May, 2029 75 $732.75 $460.78 $1,193.54 $219,365.47
Jun, 2029 76 $731.22 $462.32 $1,193.54 $218,903.15
Jul, 2029 77 $729.68 $463.86 $1,193.54 $218,439.29
Aug, 2029 78 $728.13 $465.41 $1,193.54 $217,973.88
Sep, 2029 79 $726.58 $466.96 $1,193.54 $217,506.92
Oct, 2029 80 $725.02 $468.52 $1,193.54 $217,038.41
Nov, 2029 81 $723.46 $470.08 $1,193.54 $216,568.33
Dec, 2029 82 $721.89 $471.64 $1,193.54 $216,096.69
Jan, 2030 83 $720.32 $473.22 $1,193.54 $215,623.47
Feb, 2030 84 $718.74 $474.79 $1,193.54 $215,148.68
Mar, 2030 85 $717.16 $476.38 $1,193.54 $214,672.30
Apr, 2030 86 $715.57 $477.96 $1,193.54 $214,194.34
May, 2030 87 $713.98 $479.56 $1,193.54 $213,714.78
Jun, 2030 88 $712.38 $481.16 $1,193.54 $213,233.62
Jul, 2030 89 $710.78 $482.76 $1,193.54 $212,750.87
Aug, 2030 90 $709.17 $484.37 $1,193.54 $212,266.50
Sep, 2030 91 $707.55 $485.98 $1,193.54 $211,780.51
Oct, 2030 92 $705.94 $487.60 $1,193.54 $211,292.91
Nov, 2030 93 $704.31 $489.23 $1,193.54 $210,803.68
Dec, 2030 94 $702.68 $490.86 $1,193.54 $210,312.82
Jan, 2031 95 $701.04 $492.50 $1,193.54 $209,820.33
Feb, 2031 96 $699.40 $494.14 $1,193.54 $209,326.19
Mar, 2031 97 $697.75 $495.78 $1,193.54 $208,830.41
Apr, 2031 98 $696.10 $497.44 $1,193.54 $208,332.97
May, 2031 99 $694.44 $499.10 $1,193.54 $207,833.87
Jun, 2031 100 $692.78 $500.76 $1,193.54 $207,333.11
Jul, 2031 101 $691.11 $502.43 $1,193.54 $206,830.69
Aug, 2031 102 $689.44 $504.10 $1,193.54 $206,326.58
Sep, 2031 103 $687.76 $505.78 $1,193.54 $205,820.80
Oct, 2031 104 $686.07 $507.47 $1,193.54 $205,313.33
Nov, 2031 105 $684.38 $509.16 $1,193.54 $204,804.17
Dec, 2031 106 $682.68 $510.86 $1,193.54 $204,293.31
Jan, 2032 107 $680.98 $512.56 $1,193.54 $203,780.75
Feb, 2032 108 $679.27 $514.27 $1,193.54 $203,266.48
Mar, 2032 109 $677.55 $515.98 $1,193.54 $202,750.50
Apr, 2032 110 $675.84 $517.70 $1,193.54 $202,232.80
May, 2032 111 $674.11 $519.43 $1,193.54 $201,713.37
Jun, 2032 112 $672.38 $521.16 $1,193.54 $201,192.21
Jul, 2032 113 $670.64 $522.90 $1,193.54 $200,669.31
Aug, 2032 114 $668.90 $524.64 $1,193.54 $200,144.67
Sep, 2032 115 $667.15 $526.39 $1,193.54 $199,618.28
Oct, 2032 116 $665.39 $528.14 $1,193.54 $199,090.14
Nov, 2032 117 $663.63 $529.90 $1,193.54 $198,560.23
Dec, 2032 118 $661.87 $531.67 $1,193.54 $198,028.56
Jan, 2033 119 $660.10 $533.44 $1,193.54 $197,495.12
Feb, 2033 120 $658.32 $535.22 $1,193.54 $196,959.90
Mar, 2033 121 $656.53 $537.01 $1,193.54 $196,422.89
Apr, 2033 122 $654.74 $538.80 $1,193.54 $195,884.10
May, 2033 123 $652.95 $540.59 $1,193.54 $195,343.51
Jun, 2033 124 $651.15 $542.39 $1,193.54 $194,801.11
Jul, 2033 125 $649.34 $544.20 $1,193.54 $194,256.91
Aug, 2033 126 $647.52 $546.02 $1,193.54 $193,710.90
Sep, 2033 127 $645.70 $547.84 $1,193.54 $193,163.06
Oct, 2033 128 $643.88 $549.66 $1,193.54 $192,613.40
Nov, 2033 129 $642.04 $551.49 $1,193.54 $192,061.91
Dec, 2033 130 $640.21 $553.33 $1,193.54 $191,508.57
Jan, 2034 131 $638.36 $555.18 $1,193.54 $190,953.40
Feb, 2034 132 $636.51 $557.03 $1,193.54 $190,396.37
Mar, 2034 133 $634.65 $558.88 $1,193.54 $189,837.49
Apr, 2034 134 $632.79 $560.75 $1,193.54 $189,276.74
May, 2034 135 $630.92 $562.62 $1,193.54 $188,714.13
Jun, 2034 136 $629.05 $564.49 $1,193.54 $188,149.63
Jul, 2034 137 $627.17 $566.37 $1,193.54 $187,583.26
Aug, 2034 138 $625.28 $568.26 $1,193.54 $187,015.00
Sep, 2034 139 $623.38 $570.15 $1,193.54 $186,444.85
Oct, 2034 140 $621.48 $572.06 $1,193.54 $185,872.79
Nov, 2034 141 $619.58 $573.96 $1,193.54 $185,298.83
Dec, 2034 142 $617.66 $575.88 $1,193.54 $184,722.95
Jan, 2035 143 $615.74 $577.80 $1,193.54 $184,145.16
Feb, 2035 144 $613.82 $579.72 $1,193.54 $183,565.44
Mar, 2035 145 $611.88 $581.65 $1,193.54 $182,983.78
Apr, 2035 146 $609.95 $583.59 $1,193.54 $182,400.19
May, 2035 147 $608.00 $585.54 $1,193.54 $181,814.65
Jun, 2035 148 $606.05 $587.49 $1,193.54 $181,227.16
Jul, 2035 149 $604.09 $589.45 $1,193.54 $180,637.72
Aug, 2035 150 $602.13 $591.41 $1,193.54 $180,046.30
Sep, 2035 151 $600.15 $593.38 $1,193.54 $179,452.92
Oct, 2035 152 $598.18 $595.36 $1,193.54 $178,857.56
Nov, 2035 153 $596.19 $597.35 $1,193.54 $178,260.21
Dec, 2035 154 $594.20 $599.34 $1,193.54 $177,660.87
Jan, 2036 155 $592.20 $601.34 $1,193.54 $177,059.54
Feb, 2036 156 $590.20 $603.34 $1,193.54 $176,456.20
Mar, 2036 157 $588.19 $605.35 $1,193.54 $175,850.85
Apr, 2036 158 $586.17 $607.37 $1,193.54 $175,243.48
May, 2036 159 $584.14 $609.39 $1,193.54 $174,634.09
Jun, 2036 160 $582.11 $611.42 $1,193.54 $174,022.66
Jul, 2036 161 $580.08 $613.46 $1,193.54 $173,409.20
Aug, 2036 162 $578.03 $615.51 $1,193.54 $172,793.69
Sep, 2036 163 $575.98 $617.56 $1,193.54 $172,176.13
Oct, 2036 164 $573.92 $619.62 $1,193.54 $171,556.51
Nov, 2036 165 $571.86 $621.68 $1,193.54 $170,934.83
Dec, 2036 166 $569.78 $623.76 $1,193.54 $170,311.08
Jan, 2037 167 $567.70 $625.83 $1,193.54 $169,685.24
Feb, 2037 168 $565.62 $627.92 $1,193.54 $169,057.32
Mar, 2037 169 $563.52 $630.01 $1,193.54 $168,427.31
Apr, 2037 170 $561.42 $632.11 $1,193.54 $167,795.19
May, 2037 171 $559.32 $634.22 $1,193.54 $167,160.97
Jun, 2037 172 $557.20 $636.34 $1,193.54 $166,524.64
Jul, 2037 173 $555.08 $638.46 $1,193.54 $165,886.18
Aug, 2037 174 $552.95 $640.58 $1,193.54 $165,245.60
Sep, 2037 175 $550.82 $642.72 $1,193.54 $164,602.88
Oct, 2037 176 $548.68 $644.86 $1,193.54 $163,958.01
Nov, 2037 177 $546.53 $647.01 $1,193.54 $163,311.00
Dec, 2037 178 $544.37 $649.17 $1,193.54 $162,661.83
Jan, 2038 179 $542.21 $651.33 $1,193.54 $162,010.50
Feb, 2038 180 $540.04 $653.50 $1,193.54 $161,357.00
Mar, 2038 181 $537.86 $655.68 $1,193.54 $160,701.32
Apr, 2038 182 $535.67 $657.87 $1,193.54 $160,043.45
May, 2038 183 $533.48 $660.06 $1,193.54 $159,383.39
Jun, 2038 184 $531.28 $662.26 $1,193.54 $158,721.13
Jul, 2038 185 $529.07 $664.47 $1,193.54 $158,056.66
Aug, 2038 186 $526.86 $666.68 $1,193.54 $157,389.98
Sep, 2038 187 $524.63 $668.90 $1,193.54 $156,721.07
Oct, 2038 188 $522.40 $671.13 $1,193.54 $156,049.94
Nov, 2038 189 $520.17 $673.37 $1,193.54 $155,376.57
Dec, 2038 190 $517.92 $675.62 $1,193.54 $154,700.95
Jan, 2039 191 $515.67 $677.87 $1,193.54 $154,023.08
Feb, 2039 192 $513.41 $680.13 $1,193.54 $153,342.96
Mar, 2039 193 $511.14 $682.40 $1,193.54 $152,660.56
Apr, 2039 194 $508.87 $684.67 $1,193.54 $151,975.89
May, 2039 195 $506.59 $686.95 $1,193.54 $151,288.94
Jun, 2039 196 $504.30 $689.24 $1,193.54 $150,599.70
Jul, 2039 197 $502.00 $691.54 $1,193.54 $149,908.16
Aug, 2039 198 $499.69 $693.84 $1,193.54 $149,214.31
Sep, 2039 199 $497.38 $696.16 $1,193.54 $148,518.16
Oct, 2039 200 $495.06 $698.48 $1,193.54 $147,819.68
Nov, 2039 201 $492.73 $700.81 $1,193.54 $147,118.87
Dec, 2039 202 $490.40 $703.14 $1,193.54 $146,415.73
Jan, 2040 203 $488.05 $705.49 $1,193.54 $145,710.24
Feb, 2040 204 $485.70 $707.84 $1,193.54 $145,002.41
Mar, 2040 205 $483.34 $710.20 $1,193.54 $144,292.21
Apr, 2040 206 $480.97 $712.56 $1,193.54 $143,579.65
May, 2040 207 $478.60 $714.94 $1,193.54 $142,864.71
Jun, 2040 208 $476.22 $717.32 $1,193.54 $142,147.38
Jul, 2040 209 $473.82 $719.71 $1,193.54 $141,427.67
Aug, 2040 210 $471.43 $722.11 $1,193.54 $140,705.56
Sep, 2040 211 $469.02 $724.52 $1,193.54 $139,981.04
Oct, 2040 212 $466.60 $726.93 $1,193.54 $139,254.10
Nov, 2040 213 $464.18 $729.36 $1,193.54 $138,524.75
Dec, 2040 214 $461.75 $731.79 $1,193.54 $137,792.96
Jan, 2041 215 $459.31 $734.23 $1,193.54 $137,058.73
Feb, 2041 216 $456.86 $736.68 $1,193.54 $136,322.05
Mar, 2041 217 $454.41 $739.13 $1,193.54 $135,582.92
Apr, 2041 218 $451.94 $741.60 $1,193.54 $134,841.33
May, 2041 219 $449.47 $744.07 $1,193.54 $134,097.26
Jun, 2041 220 $446.99 $746.55 $1,193.54 $133,350.71
Jul, 2041 221 $444.50 $749.04 $1,193.54 $132,601.68
Aug, 2041 222 $442.01 $751.53 $1,193.54 $131,850.14
Sep, 2041 223 $439.50 $754.04 $1,193.54 $131,096.10
Oct, 2041 224 $436.99 $756.55 $1,193.54 $130,339.55
Nov, 2041 225 $434.47 $759.07 $1,193.54 $129,580.48
Dec, 2041 226 $431.93 $761.60 $1,193.54 $128,818.88
Jan, 2042 227 $429.40 $764.14 $1,193.54 $128,054.74
Feb, 2042 228 $426.85 $766.69 $1,193.54 $127,288.05
Mar, 2042 229 $424.29 $769.24 $1,193.54 $126,518.80
Apr, 2042 230 $421.73 $771.81 $1,193.54 $125,746.99
May, 2042 231 $419.16 $774.38 $1,193.54 $124,972.61
Jun, 2042 232 $416.58 $776.96 $1,193.54 $124,195.65
Jul, 2042 233 $413.99 $779.55 $1,193.54 $123,416.10
Aug, 2042 234 $411.39 $782.15 $1,193.54 $122,633.94
Sep, 2042 235 $408.78 $784.76 $1,193.54 $121,849.19
Oct, 2042 236 $406.16 $787.37 $1,193.54 $121,061.81
Nov, 2042 237 $403.54 $790.00 $1,193.54 $120,271.81
Dec, 2042 238 $400.91 $792.63 $1,193.54 $119,479.18
Jan, 2043 239 $398.26 $795.27 $1,193.54 $118,683.91
Feb, 2043 240 $395.61 $797.93 $1,193.54 $117,885.98
Mar, 2043 241 $392.95 $800.58 $1,193.54 $117,085.40
Apr, 2043 242 $390.28 $803.25 $1,193.54 $116,282.14
May, 2043 243 $387.61 $805.93 $1,193.54 $115,476.21
Jun, 2043 244 $384.92 $808.62 $1,193.54 $114,667.59
Jul, 2043 245 $382.23 $811.31 $1,193.54 $113,856.28
Aug, 2043 246 $379.52 $814.02 $1,193.54 $113,042.26
Sep, 2043 247 $376.81 $816.73 $1,193.54 $112,225.53
Oct, 2043 248 $374.09 $819.45 $1,193.54 $111,406.08
Nov, 2043 249 $371.35 $822.18 $1,193.54 $110,583.89
Dec, 2043 250 $368.61 $824.93 $1,193.54 $109,758.97
Jan, 2044 251 $365.86 $827.68 $1,193.54 $108,931.29
Feb, 2044 252 $363.10 $830.43 $1,193.54 $108,100.86
Mar, 2044 253 $360.34 $833.20 $1,193.54 $107,267.66
Apr, 2044 254 $357.56 $835.98 $1,193.54 $106,431.68
May, 2044 255 $354.77 $838.77 $1,193.54 $105,592.91
Jun, 2044 256 $351.98 $841.56 $1,193.54 $104,751.35
Jul, 2044 257 $349.17 $844.37 $1,193.54 $103,906.98
Aug, 2044 258 $346.36 $847.18 $1,193.54 $103,059.80
Sep, 2044 259 $343.53 $850.01 $1,193.54 $102,209.80
Oct, 2044 260 $340.70 $852.84 $1,193.54 $101,356.96
Nov, 2044 261 $337.86 $855.68 $1,193.54 $100,501.28
Dec, 2044 262 $335.00 $858.53 $1,193.54 $99,642.74
Jan, 2045 263 $332.14 $861.40 $1,193.54 $98,781.35
Feb, 2045 264 $329.27 $864.27 $1,193.54 $97,917.08
Mar, 2045 265 $326.39 $867.15 $1,193.54 $97,049.93
Apr, 2045 266 $323.50 $870.04 $1,193.54 $96,179.89
May, 2045 267 $320.60 $872.94 $1,193.54 $95,306.95
Jun, 2045 268 $317.69 $875.85 $1,193.54 $94,431.11
Jul, 2045 269 $314.77 $878.77 $1,193.54 $93,552.34
Aug, 2045 270 $311.84 $881.70 $1,193.54 $92,670.64
Sep, 2045 271 $308.90 $884.64 $1,193.54 $91,786.00
Oct, 2045 272 $305.95 $887.58 $1,193.54 $90,898.42
Nov, 2045 273 $302.99 $890.54 $1,193.54 $90,007.88
Dec, 2045 274 $300.03 $893.51 $1,193.54 $89,114.36
Jan, 2046 275 $297.05 $896.49 $1,193.54 $88,217.87
Feb, 2046 276 $294.06 $899.48 $1,193.54 $87,318.40
Mar, 2046 277 $291.06 $902.48 $1,193.54 $86,415.92
Apr, 2046 278 $288.05 $905.49 $1,193.54 $85,510.43
May, 2046 279 $285.03 $908.50 $1,193.54 $84,601.93
Jun, 2046 280 $282.01 $911.53 $1,193.54 $83,690.40
Jul, 2046 281 $278.97 $914.57 $1,193.54 $82,775.83
Aug, 2046 282 $275.92 $917.62 $1,193.54 $81,858.21
Sep, 2046 283 $272.86 $920.68 $1,193.54 $80,937.53
Oct, 2046 284 $269.79 $923.75 $1,193.54 $80,013.79
Nov, 2046 285 $266.71 $926.83 $1,193.54 $79,086.96
Dec, 2046 286 $263.62 $929.92 $1,193.54 $78,157.04
Jan, 2047 287 $260.52 $933.01 $1,193.54 $77,224.03
Feb, 2047 288 $257.41 $936.12 $1,193.54 $76,287.90
Mar, 2047 289 $254.29 $939.25 $1,193.54 $75,348.66
Apr, 2047 290 $251.16 $942.38 $1,193.54 $74,406.28
May, 2047 291 $248.02 $945.52 $1,193.54 $73,460.77
Jun, 2047 292 $244.87 $948.67 $1,193.54 $72,512.10
Jul, 2047 293 $241.71 $951.83 $1,193.54 $71,560.27
Aug, 2047 294 $238.53 $955.00 $1,193.54 $70,605.26
Sep, 2047 295 $235.35 $958.19 $1,193.54 $69,647.07
Oct, 2047 296 $232.16 $961.38 $1,193.54 $68,685.69
Nov, 2047 297 $228.95 $964.59 $1,193.54 $67,721.11
Dec, 2047 298 $225.74 $967.80 $1,193.54 $66,753.31
Jan, 2048 299 $222.51 $971.03 $1,193.54 $65,782.28
Feb, 2048 300 $219.27 $974.26 $1,193.54 $64,808.02
Mar, 2048 301 $216.03 $977.51 $1,193.54 $63,830.50
Apr, 2048 302 $212.77 $980.77 $1,193.54 $62,849.73
May, 2048 303 $209.50 $984.04 $1,193.54 $61,865.69
Jun, 2048 304 $206.22 $987.32 $1,193.54 $60,878.38
Jul, 2048 305 $202.93 $990.61 $1,193.54 $59,887.76
Aug, 2048 306 $199.63 $993.91 $1,193.54 $58,893.85
Sep, 2048 307 $196.31 $997.23 $1,193.54 $57,896.63
Oct, 2048 308 $192.99 $1,000.55 $1,193.54 $56,896.08
Nov, 2048 309 $189.65 $1,003.88 $1,193.54 $55,892.19
Dec, 2048 310 $186.31 $1,007.23 $1,193.54 $54,884.96
Jan, 2049 311 $182.95 $1,010.59 $1,193.54 $53,874.37
Feb, 2049 312 $179.58 $1,013.96 $1,193.54 $52,860.42
Mar, 2049 313 $176.20 $1,017.34 $1,193.54 $51,843.08
Apr, 2049 314 $172.81 $1,020.73 $1,193.54 $50,822.35
May, 2049 315 $169.41 $1,024.13 $1,193.54 $49,798.22
Jun, 2049 316 $165.99 $1,027.54 $1,193.54 $48,770.68
Jul, 2049 317 $162.57 $1,030.97 $1,193.54 $47,739.71
Aug, 2049 318 $159.13 $1,034.41 $1,193.54 $46,705.30
Sep, 2049 319 $155.68 $1,037.85 $1,193.54 $45,667.45
Oct, 2049 320 $152.22 $1,041.31 $1,193.54 $44,626.13
Nov, 2049 321 $148.75 $1,044.78 $1,193.54 $43,581.35
Dec, 2049 322 $145.27 $1,048.27 $1,193.54 $42,533.08
Jan, 2050 323 $141.78 $1,051.76 $1,193.54 $41,481.32
Feb, 2050 324 $138.27 $1,055.27 $1,193.54 $40,426.05
Mar, 2050 325 $134.75 $1,058.78 $1,193.54 $39,367.27
Apr, 2050 326 $131.22 $1,062.31 $1,193.54 $38,304.96
May, 2050 327 $127.68 $1,065.86 $1,193.54 $37,239.10
Jun, 2050 328 $124.13 $1,069.41 $1,193.54 $36,169.69
Jul, 2050 329 $120.57 $1,072.97 $1,193.54 $35,096.72
Aug, 2050 330 $116.99 $1,076.55 $1,193.54 $34,020.17
Sep, 2050 331 $113.40 $1,080.14 $1,193.54 $32,940.03
Oct, 2050 332 $109.80 $1,083.74 $1,193.54 $31,856.30
Nov, 2050 333 $106.19 $1,087.35 $1,193.54 $30,768.95
Dec, 2050 334 $102.56 $1,090.98 $1,193.54 $29,677.97
Jan, 2051 335 $98.93 $1,094.61 $1,193.54 $28,583.36
Feb, 2051 336 $95.28 $1,098.26 $1,193.54 $27,485.10
Mar, 2051 337 $91.62 $1,101.92 $1,193.54 $26,383.18
Apr, 2051 338 $87.94 $1,105.59 $1,193.54 $25,277.58
May, 2051 339 $84.26 $1,109.28 $1,193.54 $24,168.30
Jun, 2051 340 $80.56 $1,112.98 $1,193.54 $23,055.33
Jul, 2051 341 $76.85 $1,116.69 $1,193.54 $21,938.64
Aug, 2051 342 $73.13 $1,120.41 $1,193.54 $20,818.23
Sep, 2051 343 $69.39 $1,124.14 $1,193.54 $19,694.08
Oct, 2051 344 $65.65 $1,127.89 $1,193.54 $18,566.19
Nov, 2051 345 $61.89 $1,131.65 $1,193.54 $17,434.54
Dec, 2051 346 $58.12 $1,135.42 $1,193.54 $16,299.12
Jan, 2052 347 $54.33 $1,139.21 $1,193.54 $15,159.91
Feb, 2052 348 $50.53 $1,143.01 $1,193.54 $14,016.91
Mar, 2052 349 $46.72 $1,146.82 $1,193.54 $12,870.09
Apr, 2052 350 $42.90 $1,150.64 $1,193.54 $11,719.45
May, 2052 351 $39.06 $1,154.47 $1,193.54 $10,564.98
Jun, 2052 352 $35.22 $1,158.32 $1,193.54 $9,406.66
Jul, 2052 353 $31.36 $1,162.18 $1,193.54 $8,244.48
Aug, 2052 354 $27.48 $1,166.06 $1,193.54 $7,078.42
Sep, 2052 355 $23.59 $1,169.94 $1,193.54 $5,908.48
Oct, 2052 356 $19.69 $1,173.84 $1,193.54 $4,734.63
Nov, 2052 357 $15.78 $1,177.76 $1,193.54 $3,556.88
Dec, 2052 358 $11.86 $1,181.68 $1,193.54 $2,375.19
Jan, 2053 359 $7.92 $1,185.62 $1,193.54 $1,189.57
Feb, 2053 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. 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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