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MORTGAGE AMORTIZATION CALCULATOR

This mortgage amortization calculator with extra payments calculates your monthly payment, generates the amortization table and allows to add lump sum payments and recurring payments to your calculations.

REQUIRED INFORMATION

To calculate mortgage payments, mortgage loan amount, annual interest rate, mortgage length and loan start date fields are required. These fields are also highlighted in red while they are active.

INPUT DATA

Please do not use any currency or digit grouping symbols in your values. Use dot as a decimal symbol. Dates should be entered as MM/DD for recurring and MM/DD/YYYY for non-recurring payments (eg. 08/26 or 08/26/2010)

Mortgage information:

$764.99 / payment

Your monthly payment will be $764.99 (currency irrelevant) for a $100,000.00 mortgage loan.

This amount should be paid 12 times a year for 15 years to your lender, which gives us 180 payments total.

Note that real life mortgage offers are slightly different, but still this is a pretty good estimated result of your mortgage amortization.

Mortgage amortization schedule

period: date: interest paid: principal paid: remaining balance:
1 05/24/2018 $375.00 $389.99 $99,610.01
2 06/24/2018 $373.54 $391.45 $99,218.56
3 07/24/2018 $372.07 $392.92 $98,825.64
4 08/24/2018 $370.60 $394.39 $98,431.25
5 09/24/2018 $369.12 $395.87 $98,035.38
6 10/24/2018 $367.63 $397.36 $97,638.02
7 11/24/2018 $366.14 $398.85 $97,239.17
8 12/24/2018 $364.65 $400.34 $96,838.83
Mortgage amortization schedule for year 1 (2018):
You will spend $3,161.17 on principal $2,958.75 on interest.
period: date: interest paid: principal paid: remaining balance:
9 01/24/2019 $363.15 $401.84 $96,436.99
10 02/24/2019 $361.64 $403.35 $96,033.64
11 03/24/2019 $360.13 $404.86 $95,628.78
12 04/24/2019 $358.61 $406.38 $95,222.40
13 05/24/2019 $357.08 $407.91 $94,814.49
14 06/24/2019 $355.55 $409.44 $94,405.05
15 07/24/2019 $354.02 $410.97 $93,994.08
16 08/24/2019 $352.48 $412.51 $93,581.57
17 09/24/2019 $350.93 $414.06 $93,167.51
18 10/24/2019 $349.38 $415.61 $92,751.90
19 11/24/2019 $347.82 $417.17 $92,334.73
20 12/24/2019 $346.26 $418.73 $91,916.00
Mortgage amortization schedule for year 2 (2019):
You will spend $4,922.83 on principal $4,257.05 on interest.
period: date: interest paid: principal paid: remaining balance:
21 01/24/2020 $344.69 $420.30 $91,495.70
22 02/24/2020 $343.11 $421.88 $91,073.82
23 03/24/2020 $341.53 $423.46 $90,650.36
24 04/24/2020 $339.94 $425.05 $90,225.31
25 05/24/2020 $338.34 $426.65 $89,798.66
26 06/24/2020 $336.74 $428.25 $89,370.41
27 07/24/2020 $335.14 $429.85 $88,940.56
28 08/24/2020 $333.53 $431.46 $88,509.10
29 09/24/2020 $331.91 $433.08 $88,076.02
30 10/24/2020 $330.29 $434.70 $87,641.32
31 11/24/2020 $328.65 $436.34 $87,204.98
32 12/24/2020 $327.02 $437.97 $86,767.01
Mortgage amortization schedule for year 3 (2020):
You will spend $5,148.99 on principal $4,030.89 on interest.
period: date: interest paid: principal paid: remaining balance:
33 01/24/2021 $325.38 $439.61 $86,327.40
34 02/24/2021 $323.73 $441.26 $85,886.14
35 03/24/2021 $322.07 $442.92 $85,443.22
36 04/24/2021 $320.41 $444.58 $84,998.64
37 05/24/2021 $318.74 $446.25 $84,552.39
38 06/24/2021 $317.07 $447.92 $84,104.47
39 07/24/2021 $315.39 $449.60 $83,654.87
40 08/24/2021 $313.71 $451.28 $83,203.59
41 09/24/2021 $312.01 $452.98 $82,750.61
42 10/24/2021 $310.31 $454.68 $82,295.93
43 11/24/2021 $308.61 $456.38 $81,839.55
44 12/24/2021 $306.90 $458.09 $81,381.46
Mortgage amortization schedule for year 4 (2021):
You will spend $5,385.55 on principal $3,794.33 on interest.
period: date: interest paid: principal paid: remaining balance:
45 01/24/2022 $305.18 $459.81 $80,921.65
46 02/24/2022 $303.46 $461.53 $80,460.12
47 03/24/2022 $301.73 $463.26 $79,996.86
48 04/24/2022 $299.99 $465.00 $79,531.86
49 05/24/2022 $298.24 $466.75 $79,065.11
50 06/24/2022 $296.49 $468.50 $78,596.61
51 07/24/2022 $294.74 $470.25 $78,126.36
52 08/24/2022 $292.97 $472.02 $77,654.34
53 09/24/2022 $291.20 $473.79 $77,180.55
54 10/24/2022 $289.43 $475.56 $76,704.99
55 11/24/2022 $287.64 $477.35 $76,227.64
56 12/24/2022 $285.85 $479.14 $75,748.50
Mortgage amortization schedule for year 5 (2022):
You will spend $5,632.96 on principal $3,546.92 on interest.
period: date: interest paid: principal paid: remaining balance:
57 01/24/2023 $284.06 $480.93 $75,267.57
58 02/24/2023 $282.25 $482.74 $74,784.83
59 03/24/2023 $280.44 $484.55 $74,300.28
60 04/24/2023 $278.63 $486.36 $73,813.92
61 05/24/2023 $276.80 $488.19 $73,325.73
62 06/24/2023 $274.97 $490.02 $72,835.71
63 07/24/2023 $273.13 $491.86 $72,343.85
64 08/24/2023 $271.29 $493.70 $71,850.15
65 09/24/2023 $269.44 $495.55 $71,354.60
66 10/24/2023 $267.58 $497.41 $70,857.19
67 11/24/2023 $265.71 $499.28 $70,357.91
68 12/24/2023 $263.84 $501.15 $69,856.76
Mortgage amortization schedule for year 6 (2023):
You will spend $5,891.74 on principal $3,288.14 on interest.
period: date: interest paid: principal paid: remaining balance:
69 01/24/2024 $261.96 $503.03 $69,353.73
70 02/24/2024 $260.08 $504.91 $68,848.82
71 03/24/2024 $258.18 $506.81 $68,342.01
72 04/24/2024 $256.28 $508.71 $67,833.30
73 05/24/2024 $254.37 $510.62 $67,322.68
74 06/24/2024 $252.46 $512.53 $66,810.15
75 07/24/2024 $250.54 $514.45 $66,295.70
76 08/24/2024 $248.61 $516.38 $65,779.32
77 09/24/2024 $246.67 $518.32 $65,261.00
78 10/24/2024 $244.73 $520.26 $64,740.74
79 11/24/2024 $242.78 $522.21 $64,218.53
80 12/24/2024 $240.82 $524.17 $63,694.36
Mortgage amortization schedule for year 7 (2024):
You will spend $6,162.40 on principal $3,017.48 on interest.
period: date: interest paid: principal paid: remaining balance:
81 01/24/2025 $238.85 $526.14 $63,168.22
82 02/24/2025 $236.88 $528.11 $62,640.11
83 03/24/2025 $234.90 $530.09 $62,110.02
84 04/24/2025 $232.91 $532.08 $61,577.94
85 05/24/2025 $230.92 $534.07 $61,043.87
86 06/24/2025 $228.91 $536.08 $60,507.79
87 07/24/2025 $226.90 $538.09 $59,969.70
88 08/24/2025 $224.89 $540.10 $59,429.60
89 09/24/2025 $222.86 $542.13 $58,887.47
90 10/24/2025 $220.83 $544.16 $58,343.31
91 11/24/2025 $218.79 $546.20 $57,797.11
92 12/24/2025 $216.74 $548.25 $57,248.86
Mortgage amortization schedule for year 8 (2025):
You will spend $6,445.50 on principal $2,734.38 on interest.
period: date: interest paid: principal paid: remaining balance:
93 01/24/2026 $214.68 $550.31 $56,698.55
94 02/24/2026 $212.62 $552.37 $56,146.18
95 03/24/2026 $210.55 $554.44 $55,591.74
96 04/24/2026 $208.47 $556.52 $55,035.22
97 05/24/2026 $206.38 $558.61 $54,476.61
98 06/24/2026 $204.29 $560.70 $53,915.91
99 07/24/2026 $202.18 $562.81 $53,353.10
100 08/24/2026 $200.07 $564.92 $52,788.18
101 09/24/2026 $197.96 $567.03 $52,221.15
102 10/24/2026 $195.83 $569.16 $51,651.99
103 11/24/2026 $193.69 $571.30 $51,080.69
104 12/24/2026 $191.55 $573.44 $50,507.25
Mortgage amortization schedule for year 9 (2026):
You will spend $6,741.61 on principal $2,438.27 on interest.
period: date: interest paid: principal paid: remaining balance:
105 01/24/2027 $189.40 $575.59 $49,931.66
106 02/24/2027 $187.24 $577.75 $49,353.91
107 03/24/2027 $185.08 $579.91 $48,774.00
108 04/24/2027 $182.90 $582.09 $48,191.91
109 05/24/2027 $180.72 $584.27 $47,607.64
110 06/24/2027 $178.53 $586.46 $47,021.18
111 07/24/2027 $176.33 $588.66 $46,432.52
112 08/24/2027 $174.12 $590.87 $45,841.65
113 09/24/2027 $171.91 $593.08 $45,248.57
114 10/24/2027 $169.68 $595.31 $44,653.26
115 11/24/2027 $167.45 $597.54 $44,055.72
116 12/24/2027 $165.21 $599.78 $43,455.94
Mortgage amortization schedule for year 10 (2027):
You will spend $7,051.31 on principal $2,128.57 on interest.
period: date: interest paid: principal paid: remaining balance:
117 01/24/2028 $162.96 $602.03 $42,853.91
118 02/24/2028 $160.70 $604.29 $42,249.62
119 03/24/2028 $158.44 $606.55 $41,643.07
120 04/24/2028 $156.16 $608.83 $41,034.24
121 05/24/2028 $153.88 $611.11 $40,423.13
122 06/24/2028 $151.59 $613.40 $39,809.73
123 07/24/2028 $149.29 $615.70 $39,194.03
124 08/24/2028 $146.98 $618.01 $38,576.02
125 09/24/2028 $144.66 $620.33 $37,955.69
126 10/24/2028 $142.33 $622.66 $37,333.03
127 11/24/2028 $140.00 $624.99 $36,708.04
128 12/24/2028 $137.66 $627.33 $36,080.71
Mortgage amortization schedule for year 11 (2028):
You will spend $7,375.23 on principal $1,804.65 on interest.
period: date: interest paid: principal paid: remaining balance:
129 01/24/2029 $135.30 $629.69 $35,451.02
130 02/24/2029 $132.94 $632.05 $34,818.97
131 03/24/2029 $130.57 $634.42 $34,184.55
132 04/24/2029 $128.19 $636.80 $33,547.75
133 05/24/2029 $125.80 $639.19 $32,908.56
134 06/24/2029 $123.41 $641.58 $32,266.98
135 07/24/2029 $121.00 $643.99 $31,622.99
136 08/24/2029 $118.59 $646.40 $30,976.59
137 09/24/2029 $116.16 $648.83 $30,327.76
138 10/24/2029 $113.73 $651.26 $29,676.50
139 11/24/2029 $111.29 $653.70 $29,022.80
140 12/24/2029 $108.84 $656.15 $28,366.65
Mortgage amortization schedule for year 12 (2029):
You will spend $7,714.06 on principal $1,465.82 on interest.
period: date: interest paid: principal paid: remaining balance:
141 01/24/2030 $106.37 $658.62 $27,708.03
142 02/24/2030 $103.91 $661.08 $27,046.95
143 03/24/2030 $101.43 $663.56 $26,383.39
144 04/24/2030 $98.94 $666.05 $25,717.34
145 05/24/2030 $96.44 $668.55 $25,048.79
146 06/24/2030 $93.93 $671.06 $24,377.73
147 07/24/2030 $91.42 $673.57 $23,704.16
148 08/24/2030 $88.89 $676.10 $23,028.06
149 09/24/2030 $86.36 $678.63 $22,349.43
150 10/24/2030 $83.81 $681.18 $21,668.25
151 11/24/2030 $81.26 $683.73 $20,984.52
152 12/24/2030 $78.69 $686.30 $20,298.22
Mortgage amortization schedule for year 13 (2030):
You will spend $8,068.43 on principal $1,111.45 on interest.
period: date: interest paid: principal paid: remaining balance:
153 01/24/2031 $76.12 $688.87 $19,609.35
154 02/24/2031 $73.54 $691.45 $18,917.90
155 03/24/2031 $70.94 $694.05 $18,223.85
156 04/24/2031 $68.34 $696.65 $17,527.20
157 05/24/2031 $65.73 $699.26 $16,827.94
158 06/24/2031 $63.10 $701.89 $16,126.05
159 07/24/2031 $60.47 $704.52 $15,421.53
160 08/24/2031 $57.83 $707.16 $14,714.37
161 09/24/2031 $55.18 $709.81 $14,004.56
162 10/24/2031 $52.52 $712.47 $13,292.09
163 11/24/2031 $49.85 $715.14 $12,576.95
164 12/24/2031 $47.16 $717.83 $11,859.12
Mortgage amortization schedule for year 14 (2031):
You will spend $8,439.10 on principal $740.78 on interest.
period: date: interest paid: principal paid: remaining balance:
165 01/24/2032 $44.47 $720.52 $11,138.60
166 02/24/2032 $41.77 $723.22 $10,415.38
167 03/24/2032 $39.06 $725.93 $9,689.45
168 04/24/2032 $36.34 $728.65 $8,960.80
169 05/24/2032 $33.60 $731.39 $8,229.41
170 06/24/2032 $30.86 $734.13 $7,495.28
171 07/24/2032 $28.11 $736.88 $6,758.40
172 08/24/2032 $25.34 $739.65 $6,018.75
173 09/24/2032 $22.57 $742.42 $5,276.33
174 10/24/2032 $19.79 $745.20 $4,531.13
175 11/24/2032 $16.99 $748.00 $3,783.13
176 12/24/2032 $14.19 $750.80 $3,032.33
Mortgage amortization schedule for year 15 (2032):
You will spend $8,826.79 on principal $353.09 on interest.
period: date: interest paid: principal paid: remaining balance:
177 01/24/2033 $11.37 $753.62 $2,278.71
178 02/24/2033 $8.55 $756.44 $1,522.27
179 03/24/2033 $5.71 $759.28 $762.99
180 04/24/2033 $2.86 $762.99 $0.00
Mortgage amortization schedule for year 16 (2033):
You will spend $3,032.33 on principal $28.49 on interest.
Overall for a $100,000.00 mortgage you will spend $100,000.00 on principal and $37,699.06 on interest.