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 $150,000 at 6% based on the loan length.
| Loan Details |
Monthly Payment |
|
150k For 5 Years at 6%
|
$2,900 / mo |
|
150k For 10 Years at 6%
|
$1,665 / mo |
|
150k For 15 Years at 6%
|
$1,266 / mo |
|
150k For 20 Years at 6%
|
$1,075 / mo |
|
150k For 25 Years at 6%
|
$966 / mo |
|
150k For 30 Years at 6%
|
$899 / 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 6% and 6.25% APR over 30 years on a 150k mortgage is
$24.25 per month.
That equates to a $8,730 difference over the course of 360 payments. View the chart below to see the total amount paid for a 150,000 mortgage over 30 years.
| Loan Details |
Monthly Payment (30 Year Mortgage) |
Total Paid Over 30 Years |
| 150,000 at 6.000% |
$899.33 / mo |
$323,757 |
| 150,000 at 6.001% |
$899.42 / mo |
$323,792 |
| 150,000 at 6.002% |
$899.52 / mo |
$323,827 |
| 150,000 at 6.003% |
$899.62 / mo |
$323,861 |
| 150,000 at 6.004% |
$899.71 / mo |
$323,896 |
| 150,000 at 6.005% |
$899.81 / mo |
$323,931 |
| 150,000 at 6.006% |
$899.90 / mo |
$323,966 |
| 150,000 at 6.007% |
$900.00 / mo |
$324,000 |
| 150,000 at 6.008% |
$900.10 / mo |
$324,035 |
| 150,000 at 6.009% |
$900.19 / mo |
$324,070 |
| 150,000 at 6.010% |
$900.29 / mo |
$324,105 |
| 150,000 at 6.011% |
$900.39 / mo |
$324,139 |
| 150,000 at 6.012% |
$900.48 / mo |
$324,174 |
| 150,000 at 6.013% |
$900.58 / mo |
$324,209 |
| 150,000 at 6.014% |
$900.68 / mo |
$324,243 |
| 150,000 at 6.015% |
$900.77 / mo |
$324,278 |
| 150,000 at 6.016% |
$900.87 / mo |
$324,313 |
| 150,000 at 6.017% |
$900.97 / mo |
$324,348 |
| 150,000 at 6.018% |
$901.06 / mo |
$324,382 |
| 150,000 at 6.019% |
$901.16 / mo |
$324,417 |
| 150,000 at 6.020% |
$901.26 / mo |
$324,452 |
| 150,000 at 6.021% |
$901.35 / mo |
$324,487 |
| 150,000 at 6.022% |
$901.45 / mo |
$324,521 |
| 150,000 at 6.023% |
$901.55 / mo |
$324,556 |
| 150,000 at 6.024% |
$901.64 / mo |
$324,591 |
| 150,000 at 6.025% |
$901.74 / mo |
$324,626 |
| 150,000 at 6.026% |
$901.83 / mo |
$324,660 |
| 150,000 at 6.027% |
$901.93 / mo |
$324,695 |
| 150,000 at 6.028% |
$902.03 / mo |
$324,730 |
| 150,000 at 6.029% |
$902.12 / mo |
$324,765 |
| 150,000 at 6.030% |
$902.22 / mo |
$324,800 |
| 150,000 at 6.031% |
$902.32 / mo |
$324,834 |
| 150,000 at 6.032% |
$902.41 / mo |
$324,869 |
| 150,000 at 6.033% |
$902.51 / mo |
$324,904 |
| 150,000 at 6.034% |
$902.61 / mo |
$324,939 |
| 150,000 at 6.035% |
$902.70 / mo |
$324,973 |
| 150,000 at 6.036% |
$902.80 / mo |
$325,008 |
| 150,000 at 6.037% |
$902.90 / mo |
$325,043 |
| 150,000 at 6.038% |
$902.99 / mo |
$325,078 |
| 150,000 at 6.039% |
$903.09 / mo |
$325,113 |
| 150,000 at 6.040% |
$903.19 / mo |
$325,147 |
| 150,000 at 6.041% |
$903.28 / mo |
$325,182 |
| 150,000 at 6.042% |
$903.38 / mo |
$325,217 |
| 150,000 at 6.043% |
$903.48 / mo |
$325,252 |
| 150,000 at 6.044% |
$903.57 / mo |
$325,286 |
| 150,000 at 6.045% |
$903.67 / mo |
$325,321 |
| 150,000 at 6.046% |
$903.77 / mo |
$325,356 |
| 150,000 at 6.047% |
$903.86 / mo |
$325,391 |
| 150,000 at 6.048% |
$903.96 / mo |
$325,426 |
| 150,000 at 6.049% |
$904.06 / mo |
$325,460 |