Current Mortgage Rates for a 296k Home

What are the current mortgage rates for a 296,000 House?

30-Year Average

6.19%

15-Year Average

5.44%

Rates are from Freddie Mac's weekly survey of mortgage lenders across the US (updated: 12/4/2025). Check with a lender to get a complete idea of the mortgage costs. Use the calculator below to estimate monthly payments.

Mortgage Summary

Purchase Price

Down Payment

Interest Rate

Term

years

To get the best rates, compare multiple quotes from local banks and online lenders. A small change in APR can have a big impact on your total costs for a $296000 mortgage.

Get mortgage quotes directly from lenders to confirm your APR. Fees, such as closing costs can vary by lender so it's important to get a few quotes.

Browse the chart below to see monthly and total payments based on interest rate for 15 and 30 year fixed mortgage loans.

Monthly Mortgage Payment Based on Current Rates
Price	Down Payment	Loan Amount	5.44% (15 Years)	6.19% (30 Years)
296k	14,800	281,200	2,288.70	1,720.44
296k	29,600	266,400	2,168.24	1,629.89
296k	44,400	251,600	2,047.78	1,539.34
296k	59,200	236,800	1,927.32	1,448.79
296k	74,000	222,000	1,806.86	1,358.24
296k	88,800	207,200	1,686.41	1,267.69

Monthly Payment Table for a $296,000 Mortgage

Rate	15 Year Mortgage Monthly	15 Year Mortgage Total	30 Year Mortgage Monthly	30 Year Mortgage Total
2%	1,904.79	342,861.44	1,094.07	393,866.51
2.5%	1,973.70	355,265.29	1,169.56	421,040.83
3%	2,044.12	367,941.90	1,247.95	449,261.26
3.5%	2,116.05	380,889.42	1,329.17	478,502.02
4%	2,189.48	394,105.73	1,413.15	508,733.74
4.5%	2,264.38	407,588.42	1,499.79	539,923.87
5%	2,340.75	421,334.84	1,588.99	572,037.12
5.5%	2,418.57	435,342.06	1,680.66	605,035.96
6%	2,497.82	449,606.92	1,774.67	638,881.04
6.5%	2,578.48	464,126.00	1,870.92	673,531.69
7%	2,660.53	478,895.70	1,969.30	708,946.34
7.5%	2,743.96	493,912.19	2,069.67	745,082.98
8%	2,828.73	509,171.43	2,171.94	781,899.53