Warning!Loan start date was in incorrect format and is replaced with today's date!

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 11/18/2017 $375.00 $389.99 $99,610.01
2 12/18/2017 $373.54 $391.45 $99,218.56
Mortgage amortization schedule for year 1 (2017):
You will spend $781.44 on principal $748.54 on interest.
period: date: interest paid: principal paid: remaining balance:
3 01/18/2018 $372.07 $392.92 $98,825.64
4 02/18/2018 $370.60 $394.39 $98,431.25
5 03/18/2018 $369.12 $395.87 $98,035.38
6 04/18/2018 $367.63 $397.36 $97,638.02
7 05/18/2018 $366.14 $398.85 $97,239.17
8 06/18/2018 $364.65 $400.34 $96,838.83
9 07/18/2018 $363.15 $401.84 $96,436.99
10 08/18/2018 $361.64 $403.35 $96,033.64
11 09/18/2018 $360.13 $404.86 $95,628.78
12 10/18/2018 $358.61 $406.38 $95,222.40
13 11/18/2018 $357.08 $407.91 $94,814.49
14 12/18/2018 $355.55 $409.44 $94,405.05
Mortgage amortization schedule for year 2 (2018):
You will spend $4,813.51 on principal $4,366.37 on interest.
period: date: interest paid: principal paid: remaining balance:
15 01/18/2019 $354.02 $410.97 $93,994.08
16 02/18/2019 $352.48 $412.51 $93,581.57
17 03/18/2019 $350.93 $414.06 $93,167.51
18 04/18/2019 $349.38 $415.61 $92,751.90
19 05/18/2019 $347.82 $417.17 $92,334.73
20 06/18/2019 $346.26 $418.73 $91,916.00
21 07/18/2019 $344.69 $420.30 $91,495.70
22 08/18/2019 $343.11 $421.88 $91,073.82
23 09/18/2019 $341.53 $423.46 $90,650.36
24 10/18/2019 $339.94 $425.05 $90,225.31
25 11/18/2019 $338.34 $426.65 $89,798.66
26 12/18/2019 $336.74 $428.25 $89,370.41
Mortgage amortization schedule for year 3 (2019):
You will spend $5,034.64 on principal $4,145.24 on interest.
period: date: interest paid: principal paid: remaining balance:
27 01/18/2020 $335.14 $429.85 $88,940.56
28 02/18/2020 $333.53 $431.46 $88,509.10
29 03/18/2020 $331.91 $433.08 $88,076.02
30 04/18/2020 $330.29 $434.70 $87,641.32
31 05/18/2020 $328.65 $436.34 $87,204.98
32 06/18/2020 $327.02 $437.97 $86,767.01
33 07/18/2020 $325.38 $439.61 $86,327.40
34 08/18/2020 $323.73 $441.26 $85,886.14
35 09/18/2020 $322.07 $442.92 $85,443.22
36 10/18/2020 $320.41 $444.58 $84,998.64
37 11/18/2020 $318.74 $446.25 $84,552.39
38 12/18/2020 $317.07 $447.92 $84,104.47
Mortgage amortization schedule for year 4 (2020):
You will spend $5,265.94 on principal $3,913.94 on interest.
period: date: interest paid: principal paid: remaining balance:
39 01/18/2021 $315.39 $449.60 $83,654.87
40 02/18/2021 $313.71 $451.28 $83,203.59
41 03/18/2021 $312.01 $452.98 $82,750.61
42 04/18/2021 $310.31 $454.68 $82,295.93
43 05/18/2021 $308.61 $456.38 $81,839.55
44 06/18/2021 $306.90 $458.09 $81,381.46
45 07/18/2021 $305.18 $459.81 $80,921.65
46 08/18/2021 $303.46 $461.53 $80,460.12
47 09/18/2021 $301.73 $463.26 $79,996.86
48 10/18/2021 $299.99 $465.00 $79,531.86
49 11/18/2021 $298.24 $466.75 $79,065.11
50 12/18/2021 $296.49 $468.50 $78,596.61
Mortgage amortization schedule for year 5 (2021):
You will spend $5,507.86 on principal $3,672.02 on interest.
period: date: interest paid: principal paid: remaining balance:
51 01/18/2022 $294.74 $470.25 $78,126.36
52 02/18/2022 $292.97 $472.02 $77,654.34
53 03/18/2022 $291.20 $473.79 $77,180.55
54 04/18/2022 $289.43 $475.56 $76,704.99
55 05/18/2022 $287.64 $477.35 $76,227.64
56 06/18/2022 $285.85 $479.14 $75,748.50
57 07/18/2022 $284.06 $480.93 $75,267.57
58 08/18/2022 $282.25 $482.74 $74,784.83
59 09/18/2022 $280.44 $484.55 $74,300.28
60 10/18/2022 $278.63 $486.36 $73,813.92
61 11/18/2022 $276.80 $488.19 $73,325.73
62 12/18/2022 $274.97 $490.02 $72,835.71
Mortgage amortization schedule for year 6 (2022):
You will spend $5,760.90 on principal $3,418.98 on interest.
period: date: interest paid: principal paid: remaining balance:
63 01/18/2023 $273.13 $491.86 $72,343.85
64 02/18/2023 $271.29 $493.70 $71,850.15
65 03/18/2023 $269.44 $495.55 $71,354.60
66 04/18/2023 $267.58 $497.41 $70,857.19
67 05/18/2023 $265.71 $499.28 $70,357.91
68 06/18/2023 $263.84 $501.15 $69,856.76
69 07/18/2023 $261.96 $503.03 $69,353.73
70 08/18/2023 $260.08 $504.91 $68,848.82
71 09/18/2023 $258.18 $506.81 $68,342.01
72 10/18/2023 $256.28 $508.71 $67,833.30
73 11/18/2023 $254.37 $510.62 $67,322.68
74 12/18/2023 $252.46 $512.53 $66,810.15
Mortgage amortization schedule for year 7 (2023):
You will spend $6,025.56 on principal $3,154.32 on interest.
period: date: interest paid: principal paid: remaining balance:
75 01/18/2024 $250.54 $514.45 $66,295.70
76 02/18/2024 $248.61 $516.38 $65,779.32
77 03/18/2024 $246.67 $518.32 $65,261.00
78 04/18/2024 $244.73 $520.26 $64,740.74
79 05/18/2024 $242.78 $522.21 $64,218.53
80 06/18/2024 $240.82 $524.17 $63,694.36
81 07/18/2024 $238.85 $526.14 $63,168.22
82 08/18/2024 $236.88 $528.11 $62,640.11
83 09/18/2024 $234.90 $530.09 $62,110.02
84 10/18/2024 $232.91 $532.08 $61,577.94
85 11/18/2024 $230.92 $534.07 $61,043.87
86 12/18/2024 $228.91 $536.08 $60,507.79
Mortgage amortization schedule for year 8 (2024):
You will spend $6,302.36 on principal $2,877.52 on interest.
period: date: interest paid: principal paid: remaining balance:
87 01/18/2025 $226.90 $538.09 $59,969.70
88 02/18/2025 $224.89 $540.10 $59,429.60
89 03/18/2025 $222.86 $542.13 $58,887.47
90 04/18/2025 $220.83 $544.16 $58,343.31
91 05/18/2025 $218.79 $546.20 $57,797.11
92 06/18/2025 $216.74 $548.25 $57,248.86
93 07/18/2025 $214.68 $550.31 $56,698.55
94 08/18/2025 $212.62 $552.37 $56,146.18
95 09/18/2025 $210.55 $554.44 $55,591.74
96 10/18/2025 $208.47 $556.52 $55,035.22
97 11/18/2025 $206.38 $558.61 $54,476.61
98 12/18/2025 $204.29 $560.70 $53,915.91
Mortgage amortization schedule for year 9 (2025):
You will spend $6,591.88 on principal $2,588.00 on interest.
period: date: interest paid: principal paid: remaining balance:
99 01/18/2026 $202.18 $562.81 $53,353.10
100 02/18/2026 $200.07 $564.92 $52,788.18
101 03/18/2026 $197.96 $567.03 $52,221.15
102 04/18/2026 $195.83 $569.16 $51,651.99
103 05/18/2026 $193.69 $571.30 $51,080.69
104 06/18/2026 $191.55 $573.44 $50,507.25
105 07/18/2026 $189.40 $575.59 $49,931.66
106 08/18/2026 $187.24 $577.75 $49,353.91
107 09/18/2026 $185.08 $579.91 $48,774.00
108 10/18/2026 $182.90 $582.09 $48,191.91
109 11/18/2026 $180.72 $584.27 $47,607.64
110 12/18/2026 $178.53 $586.46 $47,021.18
Mortgage amortization schedule for year 10 (2026):
You will spend $6,894.73 on principal $2,285.15 on interest.
period: date: interest paid: principal paid: remaining balance:
111 01/18/2027 $176.33 $588.66 $46,432.52
112 02/18/2027 $174.12 $590.87 $45,841.65
113 03/18/2027 $171.91 $593.08 $45,248.57
114 04/18/2027 $169.68 $595.31 $44,653.26
115 05/18/2027 $167.45 $597.54 $44,055.72
116 06/18/2027 $165.21 $599.78 $43,455.94
117 07/18/2027 $162.96 $602.03 $42,853.91
118 08/18/2027 $160.70 $604.29 $42,249.62
119 09/18/2027 $158.44 $606.55 $41,643.07
120 10/18/2027 $156.16 $608.83 $41,034.24
121 11/18/2027 $153.88 $611.11 $40,423.13
122 12/18/2027 $151.59 $613.40 $39,809.73
Mortgage amortization schedule for year 11 (2027):
You will spend $7,211.45 on principal $1,968.43 on interest.
period: date: interest paid: principal paid: remaining balance:
123 01/18/2028 $149.29 $615.70 $39,194.03
124 02/18/2028 $146.98 $618.01 $38,576.02
125 03/18/2028 $144.66 $620.33 $37,955.69
126 04/18/2028 $142.33 $622.66 $37,333.03
127 05/18/2028 $140.00 $624.99 $36,708.04
128 06/18/2028 $137.66 $627.33 $36,080.71
129 07/18/2028 $135.30 $629.69 $35,451.02
130 08/18/2028 $132.94 $632.05 $34,818.97
131 09/18/2028 $130.57 $634.42 $34,184.55
132 10/18/2028 $128.19 $636.80 $33,547.75
133 11/18/2028 $125.80 $639.19 $32,908.56
134 12/18/2028 $123.41 $641.58 $32,266.98
Mortgage amortization schedule for year 12 (2028):
You will spend $7,542.75 on principal $1,637.13 on interest.
period: date: interest paid: principal paid: remaining balance:
135 01/18/2029 $121.00 $643.99 $31,622.99
136 02/18/2029 $118.59 $646.40 $30,976.59
137 03/18/2029 $116.16 $648.83 $30,327.76
138 04/18/2029 $113.73 $651.26 $29,676.50
139 05/18/2029 $111.29 $653.70 $29,022.80
140 06/18/2029 $108.84 $656.15 $28,366.65
141 07/18/2029 $106.37 $658.62 $27,708.03
142 08/18/2029 $103.91 $661.08 $27,046.95
143 09/18/2029 $101.43 $663.56 $26,383.39
144 10/18/2029 $98.94 $666.05 $25,717.34
145 11/18/2029 $96.44 $668.55 $25,048.79
146 12/18/2029 $93.93 $671.06 $24,377.73
Mortgage amortization schedule for year 13 (2029):
You will spend $7,889.25 on principal $1,290.63 on interest.
period: date: interest paid: principal paid: remaining balance:
147 01/18/2030 $91.42 $673.57 $23,704.16
148 02/18/2030 $88.89 $676.10 $23,028.06
149 03/18/2030 $86.36 $678.63 $22,349.43
150 04/18/2030 $83.81 $681.18 $21,668.25
151 05/18/2030 $81.26 $683.73 $20,984.52
152 06/18/2030 $78.69 $686.30 $20,298.22
153 07/18/2030 $76.12 $688.87 $19,609.35
154 08/18/2030 $73.54 $691.45 $18,917.90
155 09/18/2030 $70.94 $694.05 $18,223.85
156 10/18/2030 $68.34 $696.65 $17,527.20
157 11/18/2030 $65.73 $699.26 $16,827.94
158 12/18/2030 $63.10 $701.89 $16,126.05
Mortgage amortization schedule for year 14 (2030):
You will spend $8,251.68 on principal $928.20 on interest.
period: date: interest paid: principal paid: remaining balance:
159 01/18/2031 $60.47 $704.52 $15,421.53
160 02/18/2031 $57.83 $707.16 $14,714.37
161 03/18/2031 $55.18 $709.81 $14,004.56
162 04/18/2031 $52.52 $712.47 $13,292.09
163 05/18/2031 $49.85 $715.14 $12,576.95
164 06/18/2031 $47.16 $717.83 $11,859.12
165 07/18/2031 $44.47 $720.52 $11,138.60
166 08/18/2031 $41.77 $723.22 $10,415.38
167 09/18/2031 $39.06 $725.93 $9,689.45
168 10/18/2031 $36.34 $728.65 $8,960.80
169 11/18/2031 $33.60 $731.39 $8,229.41
170 12/18/2031 $30.86 $734.13 $7,495.28
Mortgage amortization schedule for year 15 (2031):
You will spend $8,630.77 on principal $549.11 on interest.
period: date: interest paid: principal paid: remaining balance:
171 01/18/2032 $28.11 $736.88 $6,758.40
172 02/18/2032 $25.34 $739.65 $6,018.75
173 03/18/2032 $22.57 $742.42 $5,276.33
174 04/18/2032 $19.79 $745.20 $4,531.13
175 05/18/2032 $16.99 $748.00 $3,783.13
176 06/18/2032 $14.19 $750.80 $3,032.33
177 07/18/2032 $11.37 $753.62 $2,278.71
178 08/18/2032 $8.55 $756.44 $1,522.27
179 09/18/2032 $5.71 $759.28 $762.99
180 10/18/2032 $2.86 $762.99 $0.00
Mortgage amortization schedule for year 16 (2032):
You will spend $7,495.28 on principal $155.48 on interest.
Overall for a $100,000.00 mortgage you will spend $100,000.00 on principal and $37,699.06 on interest.