Mortgage amortization calculator

Your amortization schedule will show you how much of your monthly mortgage payments you spend toward principal and interest.

Your monthly payment
$1,599
30 year fixed loan term
Amortization schedule

See how your payments change over time for your 30 year fixed loan term

At year 0

30 year fixed loan term

Remaining
$240,000
Principal Paid
$0
Interest Paid
$0
Year 0
drag me
1
30
Years

Insights

We’ll share an interesting insight here for key milestones in your payoff schedule.

Breakdown
Payment DatePrincipalInterestBalance
May '19$0$0$240,000
June '19$338$825$239,662
July '19$339$824$239,323
August '19$340$823$238,982
September '19$342$822$238,640
October '19$343$820$238,298
November '19$344$819$237,954
December '19$345$818$237,608
January '20$346$817$237,262
February '20$348$816$236,914
March '20$349$814$236,566
April '20$350$813$236,216
May '20$351$812$235,864
June '20$352$811$235,512
July '20$354$810$235,159
August '20$355$808$234,804
September '20$356$807$234,448
October '20$357$806$234,090
November '20$358$805$233,732
December '20$360$803$233,372
January '21$361$802$233,011
February '21$362$801$232,649
March '21$363$800$232,286
April '21$365$798$231,921
May '21$366$797$231,555
June '21$367$796$231,188
July '21$368$795$230,819
August '21$370$793$230,450
September '21$371$792$230,079
October '21$372$791$229,707
November '21$374$790$229,333
December '21$375$788$228,958
January '22$376$787$228,582
February '22$377$786$228,205
March '22$379$784$227,826
April '22$380$783$227,446
May '22$381$782$227,065
June '22$383$781$226,682
July '22$384$779$226,298
August '22$385$778$225,913
September '22$387$777$225,526
October '22$388$775$225,138
November '22$389$774$224,749
December '22$391$773$224,358
January '23$392$771$223,966
February '23$393$770$223,573
March '23$395$769$223,179
April '23$396$767$222,783
May '23$397$766$222,385
June '23$399$764$221,987
July '23$400$763$221,586
August '23$401$762$221,185
September '23$403$760$220,782
October '23$404$759$220,378
November '23$406$758$219,972
December '23$407$756$219,565
January '24$408$755$219,157
February '24$410$753$218,747
March '24$411$752$218,336
April '24$413$751$217,923
May '24$414$749$217,509
June '24$415$748$217,094
July '24$417$746$216,677
August '24$418$745$216,259
September '24$420$743$215,839
October '24$421$742$215,418
November '24$423$740$214,995
December '24$424$739$214,571
January '25$426$738$214,145
February '25$427$736$213,718
March '25$429$735$213,290
April '25$430$733$212,860
May '25$431$732$212,428
June '25$433$730$211,995
July '25$434$729$211,561
August '25$436$727$211,125
September '25$437$726$210,688
October '25$439$724$210,249
November '25$440$723$209,808
December '25$442$721$209,366
January '26$443$720$208,923
February '26$445$718$208,478
March '26$447$717$208,031
April '26$448$715$207,583
May '26$450$714$207,134
June '26$451$712$206,683
July '26$453$710$206,230
August '26$454$709$205,776
September '26$456$707$205,320
October '26$457$706$204,862
November '26$459$704$204,403
December '26$461$703$203,943
January '27$462$701$203,481
February '27$464$699$203,017
March '27$465$698$202,552
April '27$467$696$202,085
May '27$468$695$201,616
June '27$470$693$201,146
July '27$472$691$200,675
August '27$473$690$200,201
September '27$475$688$199,726
October '27$477$687$199,250
November '27$478$685$198,771
December '27$480$683$198,292
January '28$482$682$197,810
February '28$483$680$197,327
March '28$485$678$196,842
April '28$487$677$196,356
May '28$488$675$195,867
June '28$490$673$195,377
July '28$492$672$194,886
August '28$493$670$194,393
September '28$495$668$193,898
October '28$497$667$193,401
November '28$498$665$192,903
December '28$500$663$192,403
January '29$502$661$191,901
February '29$503$660$191,397
March '29$505$658$190,892
April '29$507$656$190,385
May '29$509$654$189,877
June '29$510$653$189,366
July '29$512$651$188,854
August '29$514$649$188,340
September '29$516$647$187,824
October '29$518$646$187,307
November '29$519$644$186,787
December '29$521$642$186,266
January '30$523$640$185,743
February '30$525$638$185,219
March '30$526$637$184,692
April '30$528$635$184,164
May '30$530$633$183,634
June '30$532$631$183,102
July '30$534$629$182,568
August '30$536$628$182,033
September '30$537$626$181,495
October '30$539$624$180,956
November '30$541$622$180,415
December '30$543$620$179,872
January '31$545$618$179,327
February '31$547$616$178,780
March '31$549$615$178,232
April '31$550$613$177,681
May '31$552$611$177,129
June '31$554$609$176,575
July '31$556$607$176,018
August '31$558$605$175,460
September '31$560$603$174,900
October '31$562$601$174,338
November '31$564$599$173,774
December '31$566$597$173,209
January '32$568$595$172,641
February '32$570$593$172,071
March '32$572$591$171,499
April '32$574$590$170,926
May '32$576$588$170,350
June '32$578$586$169,773
July '32$580$584$169,193
August '32$582$582$168,612
September '32$584$580$168,028
October '32$586$578$167,442
November '32$588$576$166,855
December '32$590$574$166,265
January '33$592$572$165,674
February '33$594$570$165,080
March '33$596$567$164,484
April '33$598$565$163,887
May '33$600$563$163,287
June '33$602$561$162,685
July '33$604$559$162,081
August '33$606$557$161,475
September '33$608$555$160,867
October '33$610$553$160,257
November '33$612$551$159,644
December '33$614$549$159,030
January '34$616$547$158,414
February '34$619$545$157,795
March '34$621$542$157,174
April '34$623$540$156,551
May '34$625$538$155,926
June '34$627$536$155,299
July '34$629$534$154,670
August '34$631$532$154,038
September '34$634$530$153,405
October '34$636$527$152,769
November '34$638$525$152,131
December '34$640$523$151,491
January '35$642$521$150,848
February '35$645$519$150,204
March '35$647$516$149,557
April '35$649$514$148,908
May '35$651$512$148,256
June '35$654$510$147,603
July '35$656$507$146,947
August '35$658$505$146,289
September '35$660$503$145,629
October '35$663$501$144,966
November '35$665$498$144,301
December '35$667$496$143,634
January '36$669$494$142,965
February '36$672$491$142,293
March '36$674$489$141,619
April '36$676$487$140,943
May '36$679$484$140,264
June '36$681$482$139,583
July '36$683$480$138,900
August '36$686$477$138,214
September '36$688$475$137,526
October '36$690$473$136,836
November '36$693$470$136,143
December '36$695$468$135,448
January '37$698$466$134,750
February '37$700$463$134,050
March '37$702$461$133,348
April '37$705$458$132,643
May '37$707$456$131,936
June '37$710$454$131,226
July '37$712$451$130,514
August '37$715$449$129,800
September '37$717$446$129,083
October '37$719$444$128,363
November '37$722$441$127,641
December '37$724$439$126,917
January '38$727$436$126,190
February '38$729$434$125,461
March '38$732$431$124,729
April '38$734$429$123,994
May '38$737$426$123,257
June '38$739$424$122,518
July '38$742$421$121,776
August '38$745$419$121,031
September '38$747$416$120,284
October '38$750$413$119,535
November '38$752$411$118,782
December '38$755$408$118,027
January '39$757$406$117,270
February '39$760$403$116,510
March '39$763$401$115,747
April '39$765$398$114,982
May '39$768$395$114,214
June '39$771$393$113,444
July '39$773$390$112,670
August '39$776$387$111,894
September '39$779$385$111,116
October '39$781$382$110,335
November '39$784$379$109,551
December '39$787$377$108,764
January '40$789$374$107,975
February '40$792$371$107,183
March '40$795$368$106,388
April '40$797$366$105,591
May '40$800$363$104,791
June '40$803$360$103,988
July '40$806$357$103,182
August '40$808$355$102,374
September '40$811$352$101,562
October '40$814$349$100,748
November '40$817$346$99,931
December '40$820$344$99,112
January '41$822$341$98,289
February '41$825$338$97,464
March '41$828$335$96,636
April '41$831$332$95,805
May '41$834$329$94,971
June '41$837$326$94,134
July '41$840$324$93,295
August '41$842$321$92,452
September '41$845$318$91,607
October '41$848$315$90,759
November '41$851$312$89,908
December '41$854$309$89,053
January '42$857$306$88,196
February '42$860$303$87,336
March '42$863$300$86,474
April '42$866$297$85,608
May '42$869$294$84,739
June '42$872$291$83,867
July '42$875$288$82,992
August '42$878$285$82,114
September '42$881$282$81,233
October '42$884$279$80,349
November '42$887$276$79,462
December '42$890$273$78,572
January '43$893$270$77,679
February '43$896$267$76,783
March '43$899$264$75,884
April '43$902$261$74,982
May '43$905$258$74,076
June '43$909$255$73,168
July '43$912$252$72,256
August '43$915$248$71,341
September '43$918$245$70,423
October '43$921$242$69,502
November '43$924$239$68,578
December '43$927$236$67,651
January '44$931$233$66,720
February '44$934$229$65,786
March '44$937$226$64,849
April '44$940$223$63,909
May '44$943$220$62,965
June '44$947$216$62,019
July '44$950$213$61,069
August '44$953$210$60,116
September '44$957$207$59,159
October '44$960$203$58,199
November '44$963$200$57,236
December '44$966$197$56,270
January '45$970$193$55,300
February '45$973$190$54,327
March '45$976$187$53,350
April '45$980$183$52,371
May '45$983$180$51,388
June '45$987$177$50,401
July '45$990$173$49,411
August '45$993$170$48,418
September '45$997$166$47,421
October '45$1,000$163$46,421
November '45$1,004$160$45,417
December '45$1,007$156$44,410
January '46$1,010$153$43,400
February '46$1,014$149$42,386
March '46$1,017$146$41,368
April '46$1,021$142$40,347
May '46$1,024$139$39,323
June '46$1,028$135$38,295
July '46$1,032$132$37,263
August '46$1,035$128$36,228
September '46$1,039$125$35,190
October '46$1,042$121$34,148
November '46$1,046$117$33,102
December '46$1,049$114$32,052
January '47$1,053$110$30,999
February '47$1,057$107$29,943
March '47$1,060$103$28,883
April '47$1,064$99$27,819
May '47$1,068$96$26,751
June '47$1,071$92$25,680
July '47$1,075$88$24,605
August '47$1,079$85$23,527
September '47$1,082$81$22,444
October '47$1,086$77$21,358
November '47$1,090$73$20,269
December '47$1,093$70$19,175
January '48$1,097$66$18,078
February '48$1,101$62$16,977
March '48$1,105$58$15,872
April '48$1,109$55$14,763
May '48$1,112$51$13,651
June '48$1,116$47$12,535
July '48$1,120$43$11,415
August '48$1,124$39$10,291
September '48$1,128$35$9,163
October '48$1,132$31$8,031
November '48$1,136$28$6,896
December '48$1,139$24$5,756
January '49$1,143$20$4,613
February '49$1,147$16$3,466
March '49$1,151$12$2,314
April '49$1,155$8$1,159
May '49$1,159$4$0
Monthly payment
Principal & interest

$1,163

Property taxes

Homeowners insurance

Homeowners association (HOA) fees

Compare loan types

Total principal: $240,000

Loan Term
30 year fixedYour input
15 year fixed30 year fixed
Monthly Payment$1,599$2,184$1,621
Mortgage Rate4.125%3.77%*4.28%*
Total interest paid
$178,737
$74,589
$186,555
Loan Term
30 year fixedYour input
15 year fixed30 year fixed
Monthly Payment$1,599$2,184$1,621
Mortgage Rate4.125%3.77%*4.28%*
Total interest paid
$178,737
$74,589
$186,555
Refine Results
Refine your results
Principal & interest

$1,163

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How we got here
What's behind the numbers in our mortgage amortization calculator
What the mortgage amortization calculator does
How to use our mortgage amortization calculator
What's behind the numbers in our mortgage amortization calculator

An amortization calculator enables you to take a snapshot of the interest and principal (the debt) paid in any month of the loan.

"Amortization" is a word for the way debt is repaid in a mortgage, where each monthly payment is the same (excluding taxes and insurance). In the beginning years, most of each payment goes toward interest and only a little goes to debt reduction. That ratio gradually changes, and it flips in the later years of the mortgage. This is amortization at work.

For example, if you get a $200,000 mortgage for 30 years with an interest rate of 4.25%, your monthly principal and interest payments will be $984:

  • With the first payment, $276 will go to principal (reducing the debt) and $708 will go to interest.
  • Fast-forward 10 years to the 120th payment and the payment is still $984, but $420 goes to principal and $564 goes to interest.
  • In the next-to-last payment, $977 goes to principal and $7 goes to interest.

An amortization calculator enables you to take a snapshot of the interest and principal (the debt) paid in any month of the loan.

"Amortization" is a word for the way debt is repaid in a mortgage, where each monthly payment is the same (excluding taxes and insurance). In the beginning years, most of each payment goes toward interest and on...

See all
What the mortgage amortization calculator does

Before you get a mortgage, you might want to know how much interest you will pay in total. If you already have a mortgage, you might want to know how much debt you've paid off and how much remains. Or you might want to compare different loan terms before refinancing. cheatgame.info's mortgage amortization schedule calculator can help you do all of those things. It allows you to figure out:

  • How much a particular month's house payment goes toward principal and how much goes toward interest. This information is viewed on an "amortization schedule" — a table that breaks down each payment month by month.
  • How much interest you will pay over the life of the loan.
  • In any given month, how much you still owe.
  • How different terms, like a 30-year versus a 15-year, compare in monthly payments and interest paid over the life of the loan.

» CALCULATE: 15-year or 30-year mortgage?

Before you get a mortgage, you might want to know how much interest you will pay in total. If you already have a mortgage, you might want to know how much debt you've paid off and how much remains. Or you might want to compare different loan terms before refinancing. cheatgame.info's mortgage amortization schedule calculator can help you do a...

See all
How to use our mortgage amortization calculator

To get the most out of the mortgage amortization calculator, you can personalize it with your own numbers. Tap "Refine Results."

To get the most out of the mortgage amortization calculator, you can personalize it with your own numbers. Fill in the data fields to the right of the graph.

The data fields contain the following inputs:

  • Location.
  • The value or price of the home.
  • The mortgage interest rate.
  • The down payment (or, in the case of a refinance, the value of the home's equity).
  • The loan's term, from one to 30 years.

Fill in the data fields, then tap "Save & exit" near the top of the screen.

The calculator has four sections:

The calculator has four tabs:

  • "Amortization schedule" has the graph. Move the vertical slider to see how much you still owe and how much principal and interest you have paid at the end of each 12-month period.
  • "Breakdown" shows, month by month, the remaining loan balance after that payment has been made. On computers and tablets, it also displays a mortgage amortization table detailing the principal and interest paid each month.
  • "Monthly payment" shows the estimated monthly payment, including principal and interest, property taxes and homeowners insurance.
  • "Compare loan types" gives a side-by-side view of the monthly payments and total interest paid for three loans. From left to right, they are the mortgage whose interest rate and term you specified, and a 15-year and 30-year loan at today's mortgage rates.

To get the most out of the mortgage amortization calculator, you can personalize it with your own numbers. Tap "Refine Results."

To get the most out of the mortgage amortization calculator, you can personalize it with your own numbers. Fill in the data fields to the right of the graph.

The data fields contain the following inputs:

  • Location.
  • T...
See all

Mortgage amortization calculator 101

By playing around with the mortgage amortization calculator, you can:

  • See how much money you would save in the long run by getting a shorter- term loan, whether you're buying or refinancing.
  • See how much principal you have paid at the end of each year.
  • Take the first step toward calculating how much equity you have, and whether you can cancel private mortgage insurance. Use the slider to see approximately how much principal you have paid.Add that to your down payment.If that sum is more than 20% of the home's value when you got the loan, you might be able to cancel mortgage insurance.

» MORE: Calculate how much you would save by refinancing