Current Mortgage Rates for a 387k Home

What are the current mortgage rates for a 387,000 House?
30-Year Average

6.90%

15-Year Average

6.29%

Rates are from Freddie Mac's weekly survey of mortgage lenders across the US (updated: 2/22/2024). Check with a lender to get a complete idea of the mortgage costs. Use the calculator below to estimate monthly payments.
Mortgage Summary
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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 $387000 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 6.29% (15 Years) 6.90% (30 Years)
387k 19,350 367,650 3,160.34 2,421.34
387k 38,700 348,300 2,994.00 2,293.90
387k 58,050 328,950 2,827.67 2,166.47
387k 77,400 309,600 2,661.34 2,039.03
387k 96,750 290,250 2,495.00 1,911.59
387k 116,100 270,900 2,328.67 1,784.15
Monthly Payment Table for a $387,000 Mortgage
Rate 15 Year Mortgage Monthly 15 Year Mortgage Total 30 Year Mortgage Monthly 30 Year Mortgage Total
2% 2,490.38 448,268.16 1,430.43 514,953.85
2.5% 2,580.47 464,485.36 1,529.12 550,482.44
3% 2,672.55 481,059.17 1,631.61 587,378.74
3.5% 2,766.60 497,987.18 1,737.80 625,609.06
4% 2,862.59 515,266.61 1,847.60 665,134.99
4.5% 2,960.52 532,894.32 1,960.87 705,913.97
5% 3,060.37 550,866.84 2,077.50 747,899.89
5.5% 3,162.11 569,180.33 2,197.34 791,043.64
6% 3,265.73 587,830.67 2,320.26 835,293.79
6.5% 3,371.19 606,813.39 2,446.10 880,597.17
7% 3,478.47 626,123.77 2,574.72 926,899.44
7.5% 3,587.54 645,756.81 2,705.96 974,145.65
8% 3,698.37 665,707.24 2,839.67 1,022,280.80