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Monthly Mortgage Payment Guide
Estimate your monthly mortgage payments and take control of your homebuying journey with our easy-to-use payment guide.
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Understanding Your Monthly Mortgage Payments
Knowing how much home you can afford is an important step in the homebuying process. Once you have an idea of your price range, you can use the table below to estimate your monthly mortgage payments based on different loan amounts and interest rates. This guide will help you better understand the principal and interest portion of your monthly payment, giving you a clearer picture of what to expect as you budget for your new home. Use this tool to make informed decisions and plan confidently for your financial future.
Monthly Mortgage Payment Guide
Effective Date: 1/18/2025
| Mortgage Amount | 4% APR | 5% APR | 6% APR | 7% APR | 8% APR |
|---|---|---|---|---|---|
| Mortgage Amount$60,000 | 4% APR$286 | 5% APR$322 | 6% APR$360 | 7% APR $399 | 8% APR$440 |
| Mortgage Amount$80,000 | 4% APR$386 | 5% APR$429 | 6% APR$480 | 7% APR$532 | 8% APR$587 |
| Mortgage Amount$100,000 | 4% APR$477 | 5% APR$537 | 6% APR$600 | 7% APR$665 | 8% APR$734 |
| Mortgage Amount$120,000 | 4% APR$573 | 5% APR$644 | 6% APR$719 | 7% APR$798 | 8% APR$881 |
| Mortgage Amount$140,000 | 4% APR$668 | 5% APR$751 | 6% APR$839 | 7% APR$931 | 8% APR$1,028 |
| Mortgage Amount$160,000 | 4% APR$764 | 5% APR$859 | 6% APR$959 | 7% APR$1,064 | 8% APR$1,174 |
| Mortgage Amount$180,000 | 4% APR$859 | 5% APR$966 | 6% APR$1,079 | 7% APR$1,198 | 8% APR$1,321 |
| Mortgage Amount$200,000 | 4% APR$955 | 5% APR$1,074 | 6% APR$1,199 | 7% APR$1,331 | 8% APR$1,468 |