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Amortization Schedule for a $210,000 mortgage for 30 years with a 5.50 Percent Interest Rate

Number of Payments Monthly Payment Total Principal Paid Total Interest Paid Total Paid
360 $1,192.36 $210,000.00 $219,248.49 $429,248.49

Compare current rates from lenders. Enter a zip code when creating an amortization schedule to see providers specific to your area.

Criteria: 30 Year Fixed Mortgage, $210,000 purchase, Zip Code 94105, All Points, Credit Score 740+, 20% down payment

NMLS #: 790396
$1002.57
per month
APR: 4.000% Rate: 4.000%

Mon Feb 13

Fees: $0 Points: 0 30 day rate lock Next

NMLS #: 4131194 | State Lic #: 4131194
$1002.57
per month
APR: 4.000% Rate: 4.000%

Mon Feb 13

Fees: $0 Points: 0 30 day rate lock Next

NMLS #: 1071 | State Lic #: 4130675
$1017.76
per month
APR: 4.132% Rate: 4.125%

Mon Feb 13

Fees: $176 Points: 0 30 day rate lock Next

NMLS #: 1071 | State Lic #: 4130675
$972.54
per month
APR: 3.901% Rate: 3.750%

Mon Feb 13

Fees: $1534 Points: 1 30 day rate lock Next
Rates were collected by Bankrate.com on the dates specified. Rates are subject to change without notice and may vary from branch to branch. APR and Payment examples shown do not include amounts for taxes and insurance premiums. The monthly payment obligation will be greater if taxes and insurance are included. These quotes are from banks, thrifts, and brokers, some of whom have paid for a link to their own Web site,

where you can find additional information. Many lenders have different rates on their own Websites than those posted on Bankrate.com. Please identify yourself as a Bankrate consumer to lenders to ensure you get the Bankrate.com rate. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the lender you choose, please click here.

PaymentsYearly TotalPrincipal PaidInterest PaidBalance
Year 1 (1-12)$14,308.28$2,828.89$11,479.39$207,171.11
Year 2 (13-24)$14,308.28$2,988.46$11,319.82$204,182.65
Year 3 (25-36)$14,308.28$3,157.03$11,151.25$201,025.62
Year 4 (37-48)$14,308.28$3,335.11$10,973.17$197,690.51
Year 5 (49-60)$14,308.28$3,523.24$10,785.04$194,167.27
Year 6 (61-72)$14,308.28$3,721.98$10,586.30$190,445.29
Year 7 (73-84)$14,308.28$3,931.93$10,376.36$186,513.36
Year 8 (85-96)$14,308.28$4,153.72$10,154.56$182,359.64
Year 9 (97-108)$14,308.28$4,388.02$9,920.26$177,971.62
Year 10 (109-120)$14,308.28$4,635.54$9,672.74$173,336.08
Year 11 (121-132)$14,308.28$4,897.02$9,411.26$168,439.06
Year 12 (133-144)$14,308.28$5,173.25$9,135.03$163,265.81
Year 13 (145-156)$14,308.28$5,465.06$8,843.22$157,800.74
Year 14 (157-168)$14,308.28$5,773.34$8,534.95$152,027.41
Year 15 (169-180)$14,308.28$6,099.00$8,209.29$145,928.41
Year 16 (181-192)$14,308.28$6,443.03$7,865.25$139,485.38
Year 17 (193-204)$14,308.28$6,806.47$7,501.82$132,678.92
Year 18 (205-216)$14,308.28$7,190.40$7,117.88$125,488.51
Year 19 (217-228)$14,308.28$7,596.00$6,712.28$117,892.51
Year 20 (229-240)$14,308.28$8,024.47$6,283.81$109,868.04
Year 21 (241-252)$14,308.28$8,477.12$5,831.17$101,390.92
Year 22 (253-264)$14,308.28$8,955.29$5,352.99$92,435.62
Year 23 (265-276)$14,308.28$9,460.44$4,847.84$82,975.18
Year 24 (277-288)$14,308.28$9,994.09$4,314.20$72,981.10
Year 25 (289-300)$14,308.28$10,557.83$3,750.45$62,423.26
Year 26 (301-312)$14,308.28$11,153.38$3,154.91$51,269.89
Year 27 (313-324)$14,308.28$11,782.51$2,525.77$39,487.38
Year 28 (325-336)$14,308.28$12,447.14$1,861.14$27,040.23
Year 29 (337-348)$14,308.28$13,149.26$1,159.03$13,890.98
Year 30 (349-360)$14,308.28$13,890.98$417.30$0.00
 $429,248.49$210,000.00$219,248.49

Enter your loan information to create an amortization schedule showing payments of principal and interest.

Here are some helpful tips to understand how this calculator works.

  • This calculator determines the monthly payment of a loan or mortgage based on an interest rate and length.
  • Subtract your down payment from the purchase price to obtain the principal amount for the loan.
  • It assumes a fixed interest rate throughout the entire loan. It does not handle variable, adjustable (ARM) or ballon rates.
  • An amortization schedule is also generated showing how the balance or principal is paid off by the end of the term. A portion of each monthly payment goes toward interest with the rest being used to reduce the remaining balance.
  • This type of calculation can be used for any type of asset, including home mortgages, car loans, credit cards, student loans and many more.


Category: Mortgage payment

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