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Mortgage Calculator
As you shop for your new home, it is easy to
calculate what your monthly mortgage payments will be. This easy to use
chart gives you the monthly repayment of your mortgage loan - the
principal and interest payment. This payment is in direct proportion to
the size of your mortgage and the interest rate charged on your mortgage.
These figures are based on the 30 year mortgage term, which is the most
popular with home buyers. If you mortgage amount falls between the two
amounts listed, simply add the figure from the $5,000 column to the lesser
amount. Remember, these are estimated amounts of the principal and
interest only. Your actual monthly payment will include additional charges
for taxes, property insurance, and such. All amounts are rounded to the
nearest dollar.
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Mortgage
Amount |
6% |
6.5% |
7% |
7.5% |
8% |
8.5% |
9% |
9.5% |
10% |
10.5% |
11% |
11.5% |
12% |
12.5% |
|
$50,000 |
300 |
316 |
332 |
349 |
367 |
384 |
402 |
420 |
439 |
457 |
476 |
495 |
515 |
534 |
|
$60,000 |
360 |
380 |
399 |
419 |
440 |
461 |
483 |
505 |
527 |
549 |
571 |
594 |
617 |
640 |
|
$70,000 |
420 |
442 |
465 |
489 |
514 |
538 |
563 |
589 |
614 |
640 |
667 |
693 |
720 |
747 |
|
$80,000 |
480 |
506 |
532 |
559 |
587 |
615 |
644 |
673 |
702 |
732 |
762 |
792 |
823 |
854 |
|
$90,000 |
540 |
569 |
598 |
629 |
660 |
692 |
724 |
757 |
790 |
823 |
856 |
891 |
926 |
961 |
|
$100,000 |
600 |
632 |
665 |
699 |
734 |
769 |
805 |
841 |
878 |
915 |
952 |
990 |
1029 |
1087 |
|
$110,000 |
660 |
695 |
731 |
769 |
807 |
846 |
885 |
925 |
965 |
1006 |
1048 |
1089 |
1131 |
1174 |
|
$120,000 |
720 |
758 |
798 |
839 |
881 |
923 |
966 |
1009 |
1053 |
1098 |
1143 |
1188 |
1234 |
1281 |
|
$130,000 |
780 |
822 |
864 |
909 |
954 |
1000 |
1064 |
1093 |
1141 |
1189 |
1238 |
1287 |
1337 |
1387 |
|
$140,000 |
840 |
885 |
931 |
979 |
1027 |
1076 |
1126 |
1177 |
1229 |
1281 |
1333 |
1386 |
1440 |
1494 |
|
$150,000 |
900 |
948 |
997 |
1048 |
1101 |
1153 |
1207 |
1261 |
1316 |
1372 |
1429 |
1485 |
1543 |
1601 |
|
$160,000 |
960 |
1011 |
1046 |
1118 |
1174 |
1230 |
1287 |
1345 |
1404 |
1464 |
1524 |
1584 |
1646 |
1708 |
|
$170,000 |
1020 |
1074 |
1130 |
1188 |
1247 |
1307 |
1368 |
1429 |
1492 |
1555 |
1619 |
1684 |
1749 |
1814 |
|
$180,000 |
1080 |
1138 |
1197 |
1258 |
1321 |
1384 |
1448 |
1514 |
1580 |
1647 |
1714 |
1783 |
1852 |
1921 |
|
$190,000 |
1140 |
1201 |
1263 |
1328 |
1394 |
1461 |
1529 |
1598 |
1667 |
1738 |
1809 |
1882 |
1954 |
2028 |
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$200,000 |
1200 |
1264 |
1330 |
1398 |
1468 |
1538 |
1609 |
1682 |
1755 |
1830 |
1905 |
1981 |
2057 |
2135 |
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$210,000 |
1260 |
1327 |
1396 |
1468 |
1541 |
1615 |
1690 |
1766 |
1843 |
1921 |
2000 |
2080 |
2160 |
2241 |
|
$220,000 |
1320 |
1390 |
1463 |
1538 |
1614 |
1692 |
1770 |
1850 |
1931 |
2012 |
2095 |
2179 |
2263 |
2348 |
|
$230,000 |
1380 |
1454 |
1529 |
1608 |
1688 |
1769 |
1851 |
1934 |
2018 |
2104 |
2190 |
2278 |
2366 |
2455 |
|
$240,000 |
1440 |
1517 |
1596 |
1678 |
1761 |
1845 |
1931 |
2018 |
2106 |
2195 |
2286 |
2377 |
2469 |
2561 |
|
$250,000 |
1500 |
1580 |
1662 |
1747 |
1834 |
1922 |
2012 |
2102 |
2194 |
2287 |
2381 |
2476 |
2572 |
2668 |
|
$5,000 |
30 |
32 |
33 |
35 |
37 |
38 |
40 |
42 |
44 |
46 |
48 |
50 |
51 |
53 |
NOTE: These are
estimates and in no way do we guarantee any rate. We sell real estate
and are not a mortgage company, so check with your mortgage company for
current rates.
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