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 4% based on the loan length.
| Loan Details |
Monthly Payment |
|
300k For 5 Years at 4%
|
$5,525 / mo |
|
300k For 10 Years at 4%
|
$3,037 / mo |
|
300k For 15 Years at 4%
|
$2,219 / mo |
|
300k For 20 Years at 4%
|
$1,818 / mo |
|
300k For 25 Years at 4%
|
$1,584 / mo |
|
300k For 30 Years at 4%
|
$1,432 / 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 4% and 4.25% APR over 30 years on a 300k mortgage is
$43.57 per month.
That equates to a $15,687 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 4.000% |
$1,432.25 / mo |
$515,609 |
| 300,000 at 4.001% |
$1,432.42 / mo |
$515,671 |
| 300,000 at 4.002% |
$1,432.59 / mo |
$515,733 |
| 300,000 at 4.003% |
$1,432.76 / mo |
$515,795 |
| 300,000 at 4.004% |
$1,432.94 / mo |
$515,858 |
| 300,000 at 4.005% |
$1,433.11 / mo |
$515,920 |
| 300,000 at 4.006% |
$1,433.28 / mo |
$515,982 |
| 300,000 at 4.007% |
$1,433.46 / mo |
$516,044 |
| 300,000 at 4.008% |
$1,433.63 / mo |
$516,107 |
| 300,000 at 4.009% |
$1,433.80 / mo |
$516,169 |
| 300,000 at 4.010% |
$1,433.98 / mo |
$516,231 |
| 300,000 at 4.011% |
$1,434.15 / mo |
$516,294 |
| 300,000 at 4.012% |
$1,434.32 / mo |
$516,356 |
| 300,000 at 4.013% |
$1,434.50 / mo |
$516,418 |
| 300,000 at 4.014% |
$1,434.67 / mo |
$516,481 |
| 300,000 at 4.015% |
$1,434.84 / mo |
$516,543 |
| 300,000 at 4.016% |
$1,435.01 / mo |
$516,605 |
| 300,000 at 4.017% |
$1,435.19 / mo |
$516,668 |
| 300,000 at 4.018% |
$1,435.36 / mo |
$516,730 |
| 300,000 at 4.019% |
$1,435.53 / mo |
$516,792 |
| 300,000 at 4.020% |
$1,435.71 / mo |
$516,855 |
| 300,000 at 4.021% |
$1,435.88 / mo |
$516,917 |
| 300,000 at 4.022% |
$1,436.05 / mo |
$516,979 |
| 300,000 at 4.023% |
$1,436.23 / mo |
$517,042 |
| 300,000 at 4.024% |
$1,436.40 / mo |
$517,104 |
| 300,000 at 4.025% |
$1,436.57 / mo |
$517,166 |
| 300,000 at 4.026% |
$1,436.75 / mo |
$517,229 |
| 300,000 at 4.027% |
$1,436.92 / mo |
$517,291 |
| 300,000 at 4.028% |
$1,437.09 / mo |
$517,353 |
| 300,000 at 4.029% |
$1,437.27 / mo |
$517,416 |
| 300,000 at 4.030% |
$1,437.44 / mo |
$517,478 |
| 300,000 at 4.031% |
$1,437.61 / mo |
$517,541 |
| 300,000 at 4.032% |
$1,437.79 / mo |
$517,603 |
| 300,000 at 4.033% |
$1,437.96 / mo |
$517,665 |
| 300,000 at 4.034% |
$1,438.13 / mo |
$517,728 |
| 300,000 at 4.035% |
$1,438.31 / mo |
$517,790 |
| 300,000 at 4.036% |
$1,438.48 / mo |
$517,853 |
| 300,000 at 4.037% |
$1,438.65 / mo |
$517,915 |
| 300,000 at 4.038% |
$1,438.83 / mo |
$517,977 |
| 300,000 at 4.039% |
$1,439.00 / mo |
$518,040 |
| 300,000 at 4.040% |
$1,439.17 / mo |
$518,102 |
| 300,000 at 4.041% |
$1,439.35 / mo |
$518,165 |
| 300,000 at 4.042% |
$1,439.52 / mo |
$518,227 |
| 300,000 at 4.043% |
$1,439.69 / mo |
$518,289 |
| 300,000 at 4.044% |
$1,439.87 / mo |
$518,352 |
| 300,000 at 4.045% |
$1,440.04 / mo |
$518,414 |
| 300,000 at 4.046% |
$1,440.21 / mo |
$518,477 |
| 300,000 at 4.047% |
$1,440.39 / mo |
$518,539 |
| 300,000 at 4.048% |
$1,440.56 / mo |
$518,602 |
| 300,000 at 4.049% |
$1,440.73 / mo |
$518,664 |