To calculate your monthly mortgage payment, simply multiply the relevant number from the table below by the size of your mortgage expressed in (divided by) thousands of dollars. For example, on a 30-year mortgage of $125,000 at 7.5 percent, you multiply 125 by 7.00 (from the table) to come up with an $875 monthly payment.
| Interest Rate (%) |
Term of Mortgage |
|
|---|
|
15 years |
30 years |
| 4 |
7.40 |
4.77 |
| 4-1/8 |
7.46 |
4.85 |
| 4-1/4 |
7.52 |
4.92 |
| 4-3/8 |
7.59 |
4.99 |
| 4-1/2 |
7.65 |
5.07 |
| 4-5/8 |
7.71 |
5.14 |
| 4-3/4 |
7.78 |
5.22 |
| 4-7/8 |
7.84 |
5.29 |
| 5 |
7.91 |
5.37 |
| 5-1/8 |
7.98 |
5.45 |
| 5-1/4 |
8.04 |
5.53 |
| 5-3/8 |
8.11 |
5.60 |
| 5-1/2 |
8.18 |
5.68 |
| 5-5/8 |
8.24 |
5.76 |
| 5-3/4 |
8.31 |
5.84 |
| 5-7/8 |
8.38 |
5.92 |
| 6 |
8.44 |
6.00 |
| 6-1/8 |
8.51 |
6.08 |
| 6-1/4 |
8.58 |
6.16 |
| 6-3/8 |
8.65 |
6.24 |
| 6-1/2 |
8.72 |
6.33 |
| 6-5/8 |
8.78 |
6.41 |
| 6-3/4 |
8.85 |
6.49 |
| 6 -/8 |
8.92 |
6.57 |
| 7 |
8.99 |
6.66 |
| 7-1/8 |
9.06 |
6.74 |
| 7-1/4 |
9.13 |
6.83 |
| 7-3/8 |
9.20 |
6.91 |
| 7-1/2 |
9.28 |
7.00 |
| 7-5/8 |
9.35 |
7.08 |
| 7-3/4 |
9.42 |
7.17 |
| 7-7/8 |
9.49 |
7.26 |
| 8 |
9.56 |
7.34 |
| 8-1/8 |
9.63 |
7.43 |
| 8-1/4 |
9.71 |
7.52 |
| 8-3/8 |
9.78 |
7.61 |
| 8-1/2 |
9.85 |
7.69 |
| 8-5/8 |
9.93 |
7.78 |
| 8-3/4 |
10.00 |
7.87 |
| 8-7/8 |
10.07 |
7.96 |
| 9 |
10.15 |
8.05 |
| 9-1/8 |
10.22 |
8.14 |
| 9-1/4 |
10.30 |
8.23 |
| 9-3/8 |
10.37 |
8.32 |
| 9-1/2 |
10.45 |
8.41 |
| 9-5/8 |
10.52 |
8.50 |
| 9-3/4 |
10.60 |
8.60 |
| 9-7/8 |
10.67 |
8.69 |
| 10 |
10.75 |
8.78 |
| 10-1/8 |
10.83 |
8.87 |
| 10-1/4 |
10.90 |
8.97 |
| 10-3/8 |
10.98 |
9.06 |
| 10-1/2 |
11.06 |
9.15 |
| 10-5/8 |
11.14 |
9.25 |
| 10-3/4 |
11.21 |
9.34 |
| 10-7/8 |
11.29 |
9.43 |
| 11 |
11.37 |
9.53 |
| 11-1/4 |
11.53 |
9.72 |
| 11-1/2 |
11.69 |
9.91 |
| 11-3/4 |
11.85 |
10.10 |
| 12 |
12.01 |
10.29 |
| 12-1/4 |
12.17 |
10.48 |
| 12-1/2 |
12.17 |
10.48 |
Mortgage payments are only a portion of the costs of owning a home.
