The monthly payment depends on the loan amount, interest rate, and length of the loan. A typical mortgage is 30 years, spread out of 360 equal monthly payments. Enter your loan details above for a specific calculation. The chart below shows the monthly payment for a mortgage balance of $100,000 at 5.5% based on the loan length.
| Loan Details |
Monthly Payment |
|
100k For 5 Years at 5.5%
|
$1,910 / mo |
|
100k For 10 Years at 5.5%
|
$1,085 / mo |
|
100k For 15 Years at 5.5%
|
$817 / mo |
|
100k For 20 Years at 5.5%
|
$688 / mo |
|
100k For 25 Years at 5.5%
|
$614 / mo |
|
100k For 30 Years at 5.5%
|
$568 / mo |
It's surprising how a small change in rates can have a big impact on the total amount paid over the course of the mortgage. The difference in payments between a 5.5% and 5.75% APR over 30 years on a 100k mortgage is
$15.78 per month.
That equates to a $5,682 difference over the course of 360 payments. View the chart below to see the total amount paid for a 100,000 mortgage over 30 years.
| Loan Details |
Monthly Payment (30 Year Mortgage) |
Total Paid Over 30 Years |
| 100,000 at 5.500% |
$567.79 / mo |
$204,404 |
| 100,000 at 5.501% |
$567.85 / mo |
$204,427 |
| 100,000 at 5.502% |
$567.91 / mo |
$204,449 |
| 100,000 at 5.503% |
$567.98 / mo |
$204,472 |
| 100,000 at 5.504% |
$568.04 / mo |
$204,494 |
| 100,000 at 5.505% |
$568.10 / mo |
$204,517 |
| 100,000 at 5.506% |
$568.17 / mo |
$204,540 |
| 100,000 at 5.507% |
$568.23 / mo |
$204,562 |
| 100,000 at 5.508% |
$568.29 / mo |
$204,585 |
| 100,000 at 5.509% |
$568.35 / mo |
$204,607 |
| 100,000 at 5.510% |
$568.42 / mo |
$204,630 |
| 100,000 at 5.511% |
$568.48 / mo |
$204,653 |
| 100,000 at 5.512% |
$568.54 / mo |
$204,675 |
| 100,000 at 5.513% |
$568.60 / mo |
$204,698 |
| 100,000 at 5.514% |
$568.67 / mo |
$204,720 |
| 100,000 at 5.515% |
$568.73 / mo |
$204,743 |
| 100,000 at 5.516% |
$568.79 / mo |
$204,766 |
| 100,000 at 5.517% |
$568.86 / mo |
$204,788 |
| 100,000 at 5.518% |
$568.92 / mo |
$204,811 |
| 100,000 at 5.519% |
$568.98 / mo |
$204,833 |
| 100,000 at 5.520% |
$569.04 / mo |
$204,856 |
| 100,000 at 5.521% |
$569.11 / mo |
$204,879 |
| 100,000 at 5.522% |
$569.17 / mo |
$204,901 |
| 100,000 at 5.523% |
$569.23 / mo |
$204,924 |
| 100,000 at 5.524% |
$569.30 / mo |
$204,946 |
| 100,000 at 5.525% |
$569.36 / mo |
$204,969 |
| 100,000 at 5.526% |
$569.42 / mo |
$204,992 |
| 100,000 at 5.527% |
$569.48 / mo |
$205,014 |
| 100,000 at 5.528% |
$569.55 / mo |
$205,037 |
| 100,000 at 5.529% |
$569.61 / mo |
$205,060 |
| 100,000 at 5.530% |
$569.67 / mo |
$205,082 |
| 100,000 at 5.531% |
$569.74 / mo |
$205,105 |
| 100,000 at 5.532% |
$569.80 / mo |
$205,127 |
| 100,000 at 5.533% |
$569.86 / mo |
$205,150 |
| 100,000 at 5.534% |
$569.92 / mo |
$205,173 |
| 100,000 at 5.535% |
$569.99 / mo |
$205,195 |
| 100,000 at 5.536% |
$570.05 / mo |
$205,218 |
| 100,000 at 5.537% |
$570.11 / mo |
$205,241 |
| 100,000 at 5.538% |
$570.18 / mo |
$205,263 |
| 100,000 at 5.539% |
$570.24 / mo |
$205,286 |
| 100,000 at 5.540% |
$570.30 / mo |
$205,308 |
| 100,000 at 5.541% |
$570.36 / mo |
$205,331 |
| 100,000 at 5.542% |
$570.43 / mo |
$205,354 |
| 100,000 at 5.543% |
$570.49 / mo |
$205,376 |
| 100,000 at 5.544% |
$570.55 / mo |
$205,399 |
| 100,000 at 5.545% |
$570.62 / mo |
$205,422 |
| 100,000 at 5.546% |
$570.68 / mo |
$205,444 |
| 100,000 at 5.547% |
$570.74 / mo |
$205,467 |
| 100,000 at 5.548% |
$570.80 / mo |
$205,490 |
| 100,000 at 5.549% |
$570.87 / mo |
$205,512 |