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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 03/21/2018 $375.00 $389.99 $99,610.01
2 04/21/2018 $373.54 $391.45 $99,218.56
3 05/21/2018 $372.07 $392.92 $98,825.64
4 06/21/2018 $370.60 $394.39 $98,431.25
5 07/21/2018 $369.12 $395.87 $98,035.38
6 08/21/2018 $367.63 $397.36 $97,638.02
7 09/21/2018 $366.14 $398.85 $97,239.17
8 10/21/2018 $364.65 $400.34 $96,838.83
9 11/21/2018 $363.15 $401.84 $96,436.99
10 12/21/2018 $361.64 $403.35 $96,033.64
Mortgage amortization schedule for year 1 (2018):
You will spend $3,966.36 on principal $3,683.54 on interest.
period: date: interest paid: principal paid: remaining balance:
11 01/21/2019 $360.13 $404.86 $95,628.78
12 02/21/2019 $358.61 $406.38 $95,222.40
13 03/21/2019 $357.08 $407.91 $94,814.49
14 04/21/2019 $355.55 $409.44 $94,405.05
15 05/21/2019 $354.02 $410.97 $93,994.08
16 06/21/2019 $352.48 $412.51 $93,581.57
17 07/21/2019 $350.93 $414.06 $93,167.51
18 08/21/2019 $349.38 $415.61 $92,751.90
19 09/21/2019 $347.82 $417.17 $92,334.73
20 10/21/2019 $346.26 $418.73 $91,916.00
21 11/21/2019 $344.69 $420.30 $91,495.70
22 12/21/2019 $343.11 $421.88 $91,073.82
Mortgage amortization schedule for year 2 (2019):
You will spend $4,959.82 on principal $4,220.06 on interest.
period: date: interest paid: principal paid: remaining balance:
23 01/21/2020 $341.53 $423.46 $90,650.36
24 02/21/2020 $339.94 $425.05 $90,225.31
25 03/21/2020 $338.34 $426.65 $89,798.66
26 04/21/2020 $336.74 $428.25 $89,370.41
27 05/21/2020 $335.14 $429.85 $88,940.56
28 06/21/2020 $333.53 $431.46 $88,509.10
29 07/21/2020 $331.91 $433.08 $88,076.02
30 08/21/2020 $330.29 $434.70 $87,641.32
31 09/21/2020 $328.65 $436.34 $87,204.98
32 10/21/2020 $327.02 $437.97 $86,767.01
33 11/21/2020 $325.38 $439.61 $86,327.40
34 12/21/2020 $323.73 $441.26 $85,886.14
Mortgage amortization schedule for year 3 (2020):
You will spend $5,187.68 on principal $3,992.20 on interest.
period: date: interest paid: principal paid: remaining balance:
35 01/21/2021 $322.07 $442.92 $85,443.22
36 02/21/2021 $320.41 $444.58 $84,998.64
37 03/21/2021 $318.74 $446.25 $84,552.39
38 04/21/2021 $317.07 $447.92 $84,104.47
39 05/21/2021 $315.39 $449.60 $83,654.87
40 06/21/2021 $313.71 $451.28 $83,203.59
41 07/21/2021 $312.01 $452.98 $82,750.61
42 08/21/2021 $310.31 $454.68 $82,295.93
43 09/21/2021 $308.61 $456.38 $81,839.55
44 10/21/2021 $306.90 $458.09 $81,381.46
45 11/21/2021 $305.18 $459.81 $80,921.65
46 12/21/2021 $303.46 $461.53 $80,460.12
Mortgage amortization schedule for year 4 (2021):
You will spend $5,426.02 on principal $3,753.86 on interest.
period: date: interest paid: principal paid: remaining balance:
47 01/21/2022 $301.73 $463.26 $79,996.86
48 02/21/2022 $299.99 $465.00 $79,531.86
49 03/21/2022 $298.24 $466.75 $79,065.11
50 04/21/2022 $296.49 $468.50 $78,596.61
51 05/21/2022 $294.74 $470.25 $78,126.36
52 06/21/2022 $292.97 $472.02 $77,654.34
53 07/21/2022 $291.20 $473.79 $77,180.55
54 08/21/2022 $289.43 $475.56 $76,704.99
55 09/21/2022 $287.64 $477.35 $76,227.64
56 10/21/2022 $285.85 $479.14 $75,748.50
57 11/21/2022 $284.06 $480.93 $75,267.57
58 12/21/2022 $282.25 $482.74 $74,784.83
Mortgage amortization schedule for year 5 (2022):
You will spend $5,675.29 on principal $3,504.59 on interest.
period: date: interest paid: principal paid: remaining balance:
59 01/21/2023 $280.44 $484.55 $74,300.28
60 02/21/2023 $278.63 $486.36 $73,813.92
61 03/21/2023 $276.80 $488.19 $73,325.73
62 04/21/2023 $274.97 $490.02 $72,835.71
63 05/21/2023 $273.13 $491.86 $72,343.85
64 06/21/2023 $271.29 $493.70 $71,850.15
65 07/21/2023 $269.44 $495.55 $71,354.60
66 08/21/2023 $267.58 $497.41 $70,857.19
67 09/21/2023 $265.71 $499.28 $70,357.91
68 10/21/2023 $263.84 $501.15 $69,856.76
69 11/21/2023 $261.96 $503.03 $69,353.73
70 12/21/2023 $260.08 $504.91 $68,848.82
Mortgage amortization schedule for year 6 (2023):
You will spend $5,936.01 on principal $3,243.87 on interest.
period: date: interest paid: principal paid: remaining balance:
71 01/21/2024 $258.18 $506.81 $68,342.01
72 02/21/2024 $256.28 $508.71 $67,833.30
73 03/21/2024 $254.37 $510.62 $67,322.68
74 04/21/2024 $252.46 $512.53 $66,810.15
75 05/21/2024 $250.54 $514.45 $66,295.70
76 06/21/2024 $248.61 $516.38 $65,779.32
77 07/21/2024 $246.67 $518.32 $65,261.00
78 08/21/2024 $244.73 $520.26 $64,740.74
79 09/21/2024 $242.78 $522.21 $64,218.53
80 10/21/2024 $240.82 $524.17 $63,694.36
81 11/21/2024 $238.85 $526.14 $63,168.22
82 12/21/2024 $236.88 $528.11 $62,640.11
Mortgage amortization schedule for year 7 (2024):
You will spend $6,208.71 on principal $2,971.17 on interest.
period: date: interest paid: principal paid: remaining balance:
83 01/21/2025 $234.90 $530.09 $62,110.02
84 02/21/2025 $232.91 $532.08 $61,577.94
85 03/21/2025 $230.92 $534.07 $61,043.87
86 04/21/2025 $228.91 $536.08 $60,507.79
87 05/21/2025 $226.90 $538.09 $59,969.70
88 06/21/2025 $224.89 $540.10 $59,429.60
89 07/21/2025 $222.86 $542.13 $58,887.47
90 08/21/2025 $220.83 $544.16 $58,343.31
91 09/21/2025 $218.79 $546.20 $57,797.11
92 10/21/2025 $216.74 $548.25 $57,248.86
93 11/21/2025 $214.68 $550.31 $56,698.55
94 12/21/2025 $212.62 $552.37 $56,146.18
Mortgage amortization schedule for year 8 (2025):
You will spend $6,493.93 on principal $2,685.95 on interest.
period: date: interest paid: principal paid: remaining balance:
95 01/21/2026 $210.55 $554.44 $55,591.74
96 02/21/2026 $208.47 $556.52 $55,035.22
97 03/21/2026 $206.38 $558.61 $54,476.61
98 04/21/2026 $204.29 $560.70 $53,915.91
99 05/21/2026 $202.18 $562.81 $53,353.10
100 06/21/2026 $200.07 $564.92 $52,788.18
101 07/21/2026 $197.96 $567.03 $52,221.15
102 08/21/2026 $195.83 $569.16 $51,651.99
103 09/21/2026 $193.69 $571.30 $51,080.69
104 10/21/2026 $191.55 $573.44 $50,507.25
105 11/21/2026 $189.40 $575.59 $49,931.66
106 12/21/2026 $187.24 $577.75 $49,353.91
Mortgage amortization schedule for year 9 (2026):
You will spend $6,792.27 on principal $2,387.61 on interest.
period: date: interest paid: principal paid: remaining balance:
107 01/21/2027 $185.08 $579.91 $48,774.00
108 02/21/2027 $182.90 $582.09 $48,191.91
109 03/21/2027 $180.72 $584.27 $47,607.64
110 04/21/2027 $178.53 $586.46 $47,021.18
111 05/21/2027 $176.33 $588.66 $46,432.52
112 06/21/2027 $174.12 $590.87 $45,841.65
113 07/21/2027 $171.91 $593.08 $45,248.57
114 08/21/2027 $169.68 $595.31 $44,653.26
115 09/21/2027 $167.45 $597.54 $44,055.72
116 10/21/2027 $165.21 $599.78 $43,455.94
117 11/21/2027 $162.96 $602.03 $42,853.91
118 12/21/2027 $160.70 $604.29 $42,249.62
Mortgage amortization schedule for year 10 (2027):
You will spend $7,104.29 on principal $2,075.59 on interest.
period: date: interest paid: principal paid: remaining balance:
119 01/21/2028 $158.44 $606.55 $41,643.07
120 02/21/2028 $156.16 $608.83 $41,034.24
121 03/21/2028 $153.88 $611.11 $40,423.13
122 04/21/2028 $151.59 $613.40 $39,809.73
123 05/21/2028 $149.29 $615.70 $39,194.03
124 06/21/2028 $146.98 $618.01 $38,576.02
125 07/21/2028 $144.66 $620.33 $37,955.69
126 08/21/2028 $142.33 $622.66 $37,333.03
127 09/21/2028 $140.00 $624.99 $36,708.04
128 10/21/2028 $137.66 $627.33 $36,080.71
129 11/21/2028 $135.30 $629.69 $35,451.02
130 12/21/2028 $132.94 $632.05 $34,818.97
Mortgage amortization schedule for year 11 (2028):
You will spend $7,430.65 on principal $1,749.23 on interest.
period: date: interest paid: principal paid: remaining balance:
131 01/21/2029 $130.57 $634.42 $34,184.55
132 02/21/2029 $128.19 $636.80 $33,547.75
133 03/21/2029 $125.80 $639.19 $32,908.56
134 04/21/2029 $123.41 $641.58 $32,266.98
135 05/21/2029 $121.00 $643.99 $31,622.99
136 06/21/2029 $118.59 $646.40 $30,976.59
137 07/21/2029 $116.16 $648.83 $30,327.76
138 08/21/2029 $113.73 $651.26 $29,676.50
139 09/21/2029 $111.29 $653.70 $29,022.80
140 10/21/2029 $108.84 $656.15 $28,366.65
141 11/21/2029 $106.37 $658.62 $27,708.03
142 12/21/2029 $103.91 $661.08 $27,046.95
Mortgage amortization schedule for year 12 (2029):
You will spend $7,772.02 on principal $1,407.86 on interest.
period: date: interest paid: principal paid: remaining balance:
143 01/21/2030 $101.43 $663.56 $26,383.39
144 02/21/2030 $98.94 $666.05 $25,717.34
145 03/21/2030 $96.44 $668.55 $25,048.79
146 04/21/2030 $93.93 $671.06 $24,377.73
147 05/21/2030 $91.42 $673.57 $23,704.16
148 06/21/2030 $88.89 $676.10 $23,028.06
149 07/21/2030 $86.36 $678.63 $22,349.43
150 08/21/2030 $83.81 $681.18 $21,668.25
151 09/21/2030 $81.26 $683.73 $20,984.52
152 10/21/2030 $78.69 $686.30 $20,298.22
153 11/21/2030 $76.12 $688.87 $19,609.35
154 12/21/2030 $73.54 $691.45 $18,917.90
Mortgage amortization schedule for year 13 (2030):
You will spend $8,129.05 on principal $1,050.83 on interest.
period: date: interest paid: principal paid: remaining balance:
155 01/21/2031 $70.94 $694.05 $18,223.85
156 02/21/2031 $68.34 $696.65 $17,527.20
157 03/21/2031 $65.73 $699.26 $16,827.94
158 04/21/2031 $63.10 $701.89 $16,126.05
159 05/21/2031 $60.47 $704.52 $15,421.53
160 06/21/2031 $57.83 $707.16 $14,714.37
161 07/21/2031 $55.18 $709.81 $14,004.56
162 08/21/2031 $52.52 $712.47 $13,292.09
163 09/21/2031 $49.85 $715.14 $12,576.95
164 10/21/2031 $47.16 $717.83 $11,859.12
165 11/21/2031 $44.47 $720.52 $11,138.60
166 12/21/2031 $41.77 $723.22 $10,415.38
Mortgage amortization schedule for year 14 (2031):
You will spend $8,502.52 on principal $677.36 on interest.
period: date: interest paid: principal paid: remaining balance:
167 01/21/2032 $39.06 $725.93 $9,689.45
168 02/21/2032 $36.34 $728.65 $8,960.80
169 03/21/2032 $33.60 $731.39 $8,229.41
170 04/21/2032 $30.86 $734.13 $7,495.28
171 05/21/2032 $28.11 $736.88 $6,758.40
172 06/21/2032 $25.34 $739.65 $6,018.75
173 07/21/2032 $22.57 $742.42 $5,276.33
174 08/21/2032 $19.79 $745.20 $4,531.13
175 09/21/2032 $16.99 $748.00 $3,783.13
176 10/21/2032 $14.19 $750.80 $3,032.33
177 11/21/2032 $11.37 $753.62 $2,278.71
178 12/21/2032 $8.55 $756.44 $1,522.27
Mortgage amortization schedule for year 15 (2032):
You will spend $8,893.11 on principal $286.77 on interest.
period: date: interest paid: principal paid: remaining balance:
179 01/21/2033 $5.71 $759.28 $762.99
180 02/21/2033 $2.86 $762.99 $0.00
Mortgage amortization schedule for year 16 (2033):
You will spend $1,522.27 on principal $8.57 on interest.
Overall for a $100,000.00 mortgage you will spend $100,000.00 on principal and $37,699.06 on interest.