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 $300,000 at 3% based on the loan length.
| Loan Details |
Monthly Payment |
|
300k For 5 Years at 3%
|
$5,391 / mo |
|
300k For 10 Years at 3%
|
$2,897 / mo |
|
300k For 15 Years at 3%
|
$2,072 / mo |
|
300k For 20 Years at 3%
|
$1,664 / mo |
|
300k For 25 Years at 3%
|
$1,423 / mo |
|
300k For 30 Years at 3%
|
$1,265 / 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 3% and 3.25% APR over 30 years on a 300k mortgage is
$40.81 per month.
That equates to a $14,690 difference over the course of 360 payments. View the chart below to see the total amount paid for a 300,000 mortgage over 30 years.
| Loan Details |
Monthly Payment (30 Year Mortgage) |
Total Paid Over 30 Years |
| 300,000 at 3.000% |
$1,264.81 / mo |
$455,332 |
| 300,000 at 3.001% |
$1,264.97 / mo |
$455,391 |
| 300,000 at 3.002% |
$1,265.14 / mo |
$455,449 |
| 300,000 at 3.003% |
$1,265.30 / mo |
$455,507 |
| 300,000 at 3.004% |
$1,265.46 / mo |
$455,565 |
| 300,000 at 3.005% |
$1,265.62 / mo |
$455,624 |
| 300,000 at 3.006% |
$1,265.78 / mo |
$455,682 |
| 300,000 at 3.007% |
$1,265.94 / mo |
$455,740 |
| 300,000 at 3.008% |
$1,266.11 / mo |
$455,798 |
| 300,000 at 3.009% |
$1,266.27 / mo |
$455,857 |
| 300,000 at 3.010% |
$1,266.43 / mo |
$455,915 |
| 300,000 at 3.011% |
$1,266.59 / mo |
$455,973 |
| 300,000 at 3.012% |
$1,266.75 / mo |
$456,032 |
| 300,000 at 3.013% |
$1,266.92 / mo |
$456,090 |
| 300,000 at 3.014% |
$1,267.08 / mo |
$456,148 |
| 300,000 at 3.015% |
$1,267.24 / mo |
$456,207 |
| 300,000 at 3.016% |
$1,267.40 / mo |
$456,265 |
| 300,000 at 3.017% |
$1,267.56 / mo |
$456,323 |
| 300,000 at 3.018% |
$1,267.73 / mo |
$456,381 |
| 300,000 at 3.019% |
$1,267.89 / mo |
$456,440 |
| 300,000 at 3.020% |
$1,268.05 / mo |
$456,498 |
| 300,000 at 3.021% |
$1,268.21 / mo |
$456,556 |
| 300,000 at 3.022% |
$1,268.37 / mo |
$456,615 |
| 300,000 at 3.023% |
$1,268.54 / mo |
$456,673 |
| 300,000 at 3.024% |
$1,268.70 / mo |
$456,731 |
| 300,000 at 3.025% |
$1,268.86 / mo |
$456,790 |
| 300,000 at 3.026% |
$1,269.02 / mo |
$456,848 |
| 300,000 at 3.027% |
$1,269.18 / mo |
$456,907 |
| 300,000 at 3.028% |
$1,269.35 / mo |
$456,965 |
| 300,000 at 3.029% |
$1,269.51 / mo |
$457,023 |
| 300,000 at 3.030% |
$1,269.67 / mo |
$457,082 |
| 300,000 at 3.031% |
$1,269.83 / mo |
$457,140 |
| 300,000 at 3.032% |
$1,270.00 / mo |
$457,198 |
| 300,000 at 3.033% |
$1,270.16 / mo |
$457,257 |
| 300,000 at 3.034% |
$1,270.32 / mo |
$457,315 |
| 300,000 at 3.035% |
$1,270.48 / mo |
$457,374 |
| 300,000 at 3.036% |
$1,270.64 / mo |
$457,432 |
| 300,000 at 3.037% |
$1,270.81 / mo |
$457,490 |
| 300,000 at 3.038% |
$1,270.97 / mo |
$457,549 |
| 300,000 at 3.039% |
$1,271.13 / mo |
$457,607 |
| 300,000 at 3.040% |
$1,271.29 / mo |
$457,666 |
| 300,000 at 3.041% |
$1,271.46 / mo |
$457,724 |
| 300,000 at 3.042% |
$1,271.62 / mo |
$457,782 |
| 300,000 at 3.043% |
$1,271.78 / mo |
$457,841 |
| 300,000 at 3.044% |
$1,271.94 / mo |
$457,899 |
| 300,000 at 3.045% |
$1,272.10 / mo |
$457,958 |
| 300,000 at 3.046% |
$1,272.27 / mo |
$458,016 |
| 300,000 at 3.047% |
$1,272.43 / mo |
$458,075 |
| 300,000 at 3.048% |
$1,272.59 / mo |
$458,133 |
| 300,000 at 3.049% |
$1,272.75 / mo |
$458,191 |
| 300,000 at 3.050% |
$1,272.92 / mo |
$458,250 |