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 3.5% based on the loan length.
| Loan Details |
Monthly Payment |
|
300k For 5 Years at 3.5%
|
$5,458 / mo |
|
300k For 10 Years at 3.5%
|
$2,967 / mo |
|
300k For 15 Years at 3.5%
|
$2,145 / mo |
|
300k For 20 Years at 3.5%
|
$1,740 / mo |
|
300k For 25 Years at 3.5%
|
$1,502 / mo |
|
300k For 30 Years at 3.5%
|
$1,347 / 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 3.5% and 3.75% APR over 30 years on a 300k mortgage is
$42.21 per month.
That equates to a $15,197 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 3.500% |
$1,347.13 / mo |
$484,968 |
| 300,000 at 3.501% |
$1,347.30 / mo |
$485,029 |
| 300,000 at 3.502% |
$1,347.47 / mo |
$485,089 |
| 300,000 at 3.503% |
$1,347.64 / mo |
$485,149 |
| 300,000 at 3.504% |
$1,347.80 / mo |
$485,209 |
| 300,000 at 3.505% |
$1,347.97 / mo |
$485,270 |
| 300,000 at 3.506% |
$1,348.14 / mo |
$485,330 |
| 300,000 at 3.507% |
$1,348.31 / mo |
$485,390 |
| 300,000 at 3.508% |
$1,348.47 / mo |
$485,451 |
| 300,000 at 3.509% |
$1,348.64 / mo |
$485,511 |
| 300,000 at 3.510% |
$1,348.81 / mo |
$485,571 |
| 300,000 at 3.511% |
$1,348.98 / mo |
$485,632 |
| 300,000 at 3.512% |
$1,349.14 / mo |
$485,692 |
| 300,000 at 3.513% |
$1,349.31 / mo |
$485,752 |
| 300,000 at 3.514% |
$1,349.48 / mo |
$485,813 |
| 300,000 at 3.515% |
$1,349.65 / mo |
$485,873 |
| 300,000 at 3.516% |
$1,349.81 / mo |
$485,933 |
| 300,000 at 3.517% |
$1,349.98 / mo |
$485,994 |
| 300,000 at 3.518% |
$1,350.15 / mo |
$486,054 |
| 300,000 at 3.519% |
$1,350.32 / mo |
$486,114 |
| 300,000 at 3.520% |
$1,350.49 / mo |
$486,175 |
| 300,000 at 3.521% |
$1,350.65 / mo |
$486,235 |
| 300,000 at 3.522% |
$1,350.82 / mo |
$486,296 |
| 300,000 at 3.523% |
$1,350.99 / mo |
$486,356 |
| 300,000 at 3.524% |
$1,351.16 / mo |
$486,416 |
| 300,000 at 3.525% |
$1,351.32 / mo |
$486,477 |
| 300,000 at 3.526% |
$1,351.49 / mo |
$486,537 |
| 300,000 at 3.527% |
$1,351.66 / mo |
$486,597 |
| 300,000 at 3.528% |
$1,351.83 / mo |
$486,658 |
| 300,000 at 3.529% |
$1,352.00 / mo |
$486,718 |
| 300,000 at 3.530% |
$1,352.16 / mo |
$486,779 |
| 300,000 at 3.531% |
$1,352.33 / mo |
$486,839 |
| 300,000 at 3.532% |
$1,352.50 / mo |
$486,899 |
| 300,000 at 3.533% |
$1,352.67 / mo |
$486,960 |
| 300,000 at 3.534% |
$1,352.83 / mo |
$487,020 |
| 300,000 at 3.535% |
$1,353.00 / mo |
$487,081 |
| 300,000 at 3.536% |
$1,353.17 / mo |
$487,141 |
| 300,000 at 3.537% |
$1,353.34 / mo |
$487,202 |
| 300,000 at 3.538% |
$1,353.51 / mo |
$487,262 |
| 300,000 at 3.539% |
$1,353.67 / mo |
$487,322 |
| 300,000 at 3.540% |
$1,353.84 / mo |
$487,383 |
| 300,000 at 3.541% |
$1,354.01 / mo |
$487,443 |
| 300,000 at 3.542% |
$1,354.18 / mo |
$487,504 |
| 300,000 at 3.543% |
$1,354.35 / mo |
$487,564 |
| 300,000 at 3.544% |
$1,354.51 / mo |
$487,625 |
| 300,000 at 3.545% |
$1,354.68 / mo |
$487,685 |
| 300,000 at 3.546% |
$1,354.85 / mo |
$487,746 |
| 300,000 at 3.547% |
$1,355.02 / mo |
$487,806 |
| 300,000 at 3.548% |
$1,355.19 / mo |
$487,867 |
| 300,000 at 3.549% |
$1,355.35 / mo |
$487,927 |
| 300,000 at 3.550% |
$1,355.52 / mo |
$487,988 |