Optional: Taxes, insurance, HOA fees v
Monthly payment breakdown
| Principal & interest | |
| Property tax | |
| Homeowner's insurance | |
| PMI | |
| HOA fees | |
| Total Monthly Payment |
Amortization for mortgage loan
Amortization is paying off debt over time in equal installments. As the term of your mortgage loan progresses, a larger share of your payment goes toward paying down the principal until the loan is paid in full at the end of your term.
Loan amount
$264,000
Total interest paid
$264,000
Total cost of loan
$264,000
Payoff date
264,000
Optional: Make extra payments
By adding extra payments, you can pay off your loan and save on interest.
Amortization schedule breakdown
This table lists how much principal and interest are paid in each scheduled mortgage payment.
Jan,2027
| Date | Principal | Interest | Remaining Balance |
|---|
Breakdown of the Schedule
| Date | Interest | Principal | Payment | Final Balance |
|---|