Optional: Taxes, insurance, HOA fees v

Monthly payment breakdown

Principal & interest
Property tax
Homeowner's insurance
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


Total interest paid


Total cost of loan


Payoff date


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.



Date Principal Interest Remaining Balance

Breakdown of the Schedule

Date Interest Principal Payment Final Balance