248k Mortgage For 30 Years

What's the monthly mortgage payment for a $248,000 mortgage for 30 years?
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248k Mortgage For 30 Years (360 Months). Enter your loan details to view a printable amortization schedule and a payment summary.

  • Loan Amount: Enter total loan amount.
  • Down Payment: Enter the down payment.
  • Interest Rate: Enter the interest rate.
  • Years: Enter the loan length.
Make sure to shop around when choosing a mortgage. A small change in APR can add up to big savings over the course of the loan. For example, the payment of a 30 year fixed 248000 loan at 5.25% is 1,369.47/month. At 6.25% that mortgage payment jumps to 1,526.98/month. A 30 year fixed loan will have a total of 360 monthly payments. In total, the loan at 6.25% will end up costing $56,705 more than the 5.25% mortgage after 360 payments.

How much is the monthly payment for a 248,000 over 30 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $248,000 Loan over 360 Months

Monthly Payment by Interest Rate (30 Year Loan)
30 Year mortgage Payment
$248,000 mortgage at 1.25%$826.46 per month
$248,000 mortgage at 1.5%$855.90 per month
$248,000 mortgage at 1.75%$885.96 per month
$248,000 mortgage at 2%$916.66 per month
$248,000 mortgage at 2.25%$947.97 per month
$248,000 mortgage at 2.5%$979.90 per month
$248,000 mortgage at 2.75%$1,012.44 per month
$248,000 mortgage at 3%$1,045.58 per month
$248,000 mortgage at 3.25%$1,079.31 per month
$248,000 mortgage at 3.5%$1,113.63 per month
$248,000 mortgage at 3.75%$1,148.53 per month
$248,000 mortgage at 4%$1,183.99 per month
$248,000 mortgage at 4.25%$1,220.01 per month
$248,000 mortgage at 4.5%$1,256.58 per month
30 Year mortgage Payment
$248,000 mortgage at 4.75%$1,293.69 per month
$248,000 mortgage at 5%$1,331.32 per month
$248,000 mortgage at 5.25%$1,369.47 per month
$248,000 mortgage at 5.5%$1,408.12 per month
$248,000 mortgage at 5.75%$1,447.26 per month
$248,000 mortgage at 6%$1,486.89 per month
$248,000 mortgage at 6.25%$1,526.98 per month
$248,000 mortgage at 6.5%$1,567.53 per month
$248,000 mortgage at 6.75%$1,608.52 per month
$248,000 mortgage at 7%$1,649.95 per month
$248,000 mortgage at 7.25%$1,691.80 per month
$248,000 mortgage at 7.5%$1,734.05 per month
$248,000 mortgage at 7.75%$1,776.70 per month
$248,000 mortgage at 8%$1,819.74 per month