30-Year Average |
6.83% |
15-Year Average |
6.03% |
Monthly Mortgage Payment Based on Current Rates | ||||
Price | Down Payment | Loan Amount | 6.03% (15 Years) | 6.83% (30 Years) |
340k | 17,000 | 323,000 | 2,730.90 | 2,112.18 |
340k | 34,000 | 306,000 | 2,587.16 | 2,001.01 |
340k | 51,000 | 289,000 | 2,443.43 | 1,889.84 |
340k | 68,000 | 272,000 | 2,299.70 | 1,778.68 |
340k | 85,000 | 255,000 | 2,155.97 | 1,667.51 |
340k | 102,000 | 238,000 | 2,012.24 | 1,556.34 |
Rate | 15 Year Mortgage Monthly | 15 Year Mortgage Total | 30 Year Mortgage Monthly | 30 Year Mortgage Total |
2% | 2,187.93 | 393,827.32 | 1,256.71 | 452,414.23 |
2.5% | 2,267.08 | 408,075.00 | 1,343.41 | 483,627.98 |
3% | 2,347.98 | 422,635.96 | 1,433.45 | 516,043.34 |
3.5% | 2,430.60 | 437,508.12 | 1,526.75 | 549,630.70 |
4% | 2,514.94 | 452,689.01 | 1,623.21 | 584,356.32 |
4.5% | 2,600.98 | 468,175.89 | 1,722.73 | 620,182.82 |
5% | 2,688.70 | 483,965.70 | 1,825.19 | 657,069.67 |
5.5% | 2,778.08 | 500,055.07 | 1,930.48 | 694,973.74 |
6% | 2,869.11 | 516,440.38 | 2,038.47 | 733,849.84 |
6.5% | 2,961.77 | 533,117.71 | 2,149.03 | 773,651.26 |
7% | 3,056.02 | 550,082.90 | 2,262.03 | 814,330.25 |
7.5% | 3,151.84 | 567,331.56 | 2,377.33 | 855,838.56 |
8% | 3,249.22 | 584,859.08 | 2,494.80 | 898,127.84 |