The table below shows a truncated mortgage amortization schedule for a 30-year, fixed-rate home loan worth $400,000 at a 5% interest rate. The monthly payment stays the same throughout the life of ...

The amortization schedule will also show you that your total interest over 30 years will be ... for the first five years is easy to calculate because the rate is fixed for the first five years.

There are exceptions: If you’re a first-time home buyer or if you’re buying a new build, you can get an insured mortgage with a 30-year amortization period. An amortization schedule or table ...

The following table shows an abridged example of an amortization schedule for a $200,000 30-year, fixed-rate loan at a 4.5% interest rate. Shown here are the first three months of the schedule ...