249k Mortgage For 20 Years

What's the monthly mortgage payment for a $249,000 mortgage for 20 years?
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249k Mortgage For 20 Years (240 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 20 year fixed 249000 loan at 5.25% is 1,677.87/month. At 6.25% that mortgage payment jumps to 1,820.01/month. A 20 year fixed loan will have a total of 240 monthly payments. In total, the loan at 6.25% will end up costing $34,113 more than the 5.25% mortgage after 240 payments.

How much is the monthly payment for a 249,000 over 20 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $249,000 Loan over 240 Months

Monthly Payment by Interest Rate (20 Year Loan)
20 Year mortgage Payment
$249,000 mortgage at 1.25%$1,173.12 per month
$249,000 mortgage at 1.5%$1,201.54 per month
$249,000 mortgage at 1.75%$1,230.38 per month
$249,000 mortgage at 2%$1,259.65 per month
$249,000 mortgage at 2.25%$1,289.34 per month
$249,000 mortgage at 2.5%$1,319.46 per month
$249,000 mortgage at 2.75%$1,349.99 per month
$249,000 mortgage at 3%$1,380.95 per month
$249,000 mortgage at 3.25%$1,412.32 per month
$249,000 mortgage at 3.5%$1,444.10 per month
$249,000 mortgage at 3.75%$1,476.29 per month
$249,000 mortgage at 4%$1,508.89 per month
$249,000 mortgage at 4.25%$1,541.89 per month
$249,000 mortgage at 4.5%$1,575.30 per month
20 Year mortgage Payment
$249,000 mortgage at 4.75%$1,609.10 per month
$249,000 mortgage at 5%$1,643.29 per month
$249,000 mortgage at 5.25%$1,677.87 per month
$249,000 mortgage at 5.5%$1,712.84 per month
$249,000 mortgage at 5.75%$1,748.19 per month
$249,000 mortgage at 6%$1,783.91 per month
$249,000 mortgage at 6.25%$1,820.01 per month
$249,000 mortgage at 6.5%$1,856.48 per month
$249,000 mortgage at 6.75%$1,893.31 per month
$249,000 mortgage at 7%$1,930.49 per month
$249,000 mortgage at 7.25%$1,968.04 per month
$249,000 mortgage at 7.5%$2,005.93 per month
$249,000 mortgage at 7.75%$2,044.16 per month
$249,000 mortgage at 8%$2,082.74 per month