$245,000 Mortgage at 2.97% Interest

What is the monthly payment of a 245,000 dollar loan at 2.97 percent? (adjust inputs to calculate new loan)
$
$
%
%
years

How much is the monthly payment for a 30 year mortgage at 2.97% interest? This does not include a down payment.
Amount Payment
245,0001,028.97
245,0101,029.01
245,0201,029.05
245,0301,029.10
245,0401,029.14
245,0501,029.18
245,0601,029.22
245,0701,029.26
245,0801,029.31
245,0901,029.35
245,1001,029.39
245,1101,029.43
245,1201,029.47
245,1301,029.52
245,1401,029.56
245,1501,029.60
245,1601,029.64
245,1701,029.68
245,1801,029.73
245,1901,029.77
245,2001,029.81
245,2101,029.85
245,2201,029.89
245,2301,029.94
245,2401,029.98
245,2501,030.02
245,2601,030.06
245,2701,030.10
245,2801,030.15
245,2901,030.19
245,3001,030.23
245,3101,030.27
245,3201,030.31
245,3301,030.36
245,3401,030.40
245,3501,030.44
245,3601,030.48
245,3701,030.52
245,3801,030.57
245,3901,030.61
245,4001,030.65
245,4101,030.69
245,4201,030.73
245,4301,030.78
245,4401,030.82
245,4501,030.86
245,4601,030.90
245,4701,030.94
245,4801,030.99
245,4901,031.03
245,5001,031.07
245,5101,031.11
245,5201,031.15
245,5301,031.20
245,5401,031.24
245,5501,031.28
245,5601,031.32
245,5701,031.36
245,5801,031.41
245,5901,031.45
245,6001,031.49
245,6101,031.53
245,6201,031.57
245,6301,031.62
245,6401,031.66
245,6501,031.70
245,6601,031.74
245,6701,031.78
245,6801,031.83
245,6901,031.87
245,7001,031.91
245,7101,031.95
245,7201,031.99
245,7301,032.04
245,7401,032.08
245,7501,032.12
245,7601,032.16
245,7701,032.20
245,7801,032.25
245,7901,032.29
245,8001,032.33
245,8101,032.37
245,8201,032.41
245,8301,032.46
245,8401,032.50
245,8501,032.54
245,8601,032.58
245,8701,032.62
245,8801,032.67
245,8901,032.71
245,9001,032.75
245,9101,032.79
245,9201,032.83
245,9301,032.88
245,9401,032.92
245,9501,032.96
245,9601,033.00
245,9701,033.04
245,9801,033.09
245,9901,033.13
246,0001,033.17
246,0101,033.21
246,0201,033.25
246,0301,033.30
246,0401,033.34
246,0501,033.38
246,0601,033.42
246,0701,033.46
246,0801,033.51
246,0901,033.55
246,1001,033.59
246,1101,033.63
246,1201,033.67
246,1301,033.72
246,1401,033.76
246,1501,033.80
246,1601,033.84
246,1701,033.88
246,1801,033.93
246,1901,033.97
246,2001,034.01
246,2101,034.05
246,2201,034.09
246,2301,034.14
246,2401,034.18
Amount Payment
246,2501,034.22
246,2601,034.26
246,2701,034.30
246,2801,034.35
246,2901,034.39
246,3001,034.43
246,3101,034.47
246,3201,034.51
246,3301,034.56
246,3401,034.60
246,3501,034.64
246,3601,034.68
246,3701,034.72
246,3801,034.77
246,3901,034.81
246,4001,034.85
246,4101,034.89
246,4201,034.93
246,4301,034.98
246,4401,035.02
246,4501,035.06
246,4601,035.10
246,4701,035.14
246,4801,035.19
246,4901,035.23
246,5001,035.27
246,5101,035.31
246,5201,035.35
246,5301,035.40
246,5401,035.44
246,5501,035.48
246,5601,035.52
246,5701,035.56
246,5801,035.61
246,5901,035.65
246,6001,035.69
246,6101,035.73
246,6201,035.77
246,6301,035.82
246,6401,035.86
246,6501,035.90
246,6601,035.94
246,6701,035.98
246,6801,036.03
246,6901,036.07
246,7001,036.11
246,7101,036.15
246,7201,036.19
246,7301,036.24
246,7401,036.28
246,7501,036.32
246,7601,036.36
246,7701,036.40
246,7801,036.45
246,7901,036.49
246,8001,036.53
246,8101,036.57
246,8201,036.61
246,8301,036.66
246,8401,036.70
246,8501,036.74
246,8601,036.78
246,8701,036.82
246,8801,036.87
246,8901,036.91
246,9001,036.95
246,9101,036.99
246,9201,037.03
246,9301,037.08
246,9401,037.12
246,9501,037.16
246,9601,037.20
246,9701,037.24
246,9801,037.29
246,9901,037.33
247,0001,037.37
247,0101,037.41
247,0201,037.45
247,0301,037.50
247,0401,037.54
247,0501,037.58
247,0601,037.62
247,0701,037.66
247,0801,037.71
247,0901,037.75
247,1001,037.79
247,1101,037.83
247,1201,037.87
247,1301,037.92
247,1401,037.96
247,1501,038.00
247,1601,038.04
247,1701,038.08
247,1801,038.13
247,1901,038.17
247,2001,038.21
247,2101,038.25
247,2201,038.29
247,2301,038.34
247,2401,038.38
247,2501,038.42
247,2601,038.46
247,2701,038.50
247,2801,038.55
247,2901,038.59
247,3001,038.63
247,3101,038.67
247,3201,038.71
247,3301,038.76
247,3401,038.80
247,3501,038.84
247,3601,038.88
247,3701,038.92
247,3801,038.97
247,3901,039.01
247,4001,039.05
247,4101,039.09
247,4201,039.13
247,4301,039.18
247,4401,039.22
247,4501,039.26
247,4601,039.30
247,4701,039.34
247,4801,039.39
247,4901,039.43
Amount Payment
247,5001,039.47
247,5101,039.51
247,5201,039.55
247,5301,039.60
247,5401,039.64
247,5501,039.68
247,5601,039.72
247,5701,039.76
247,5801,039.81
247,5901,039.85
247,6001,039.89
247,6101,039.93
247,6201,039.97
247,6301,040.02
247,6401,040.06
247,6501,040.10
247,6601,040.14
247,6701,040.18
247,6801,040.23
247,6901,040.27
247,7001,040.31
247,7101,040.35
247,7201,040.39
247,7301,040.44
247,7401,040.48
247,7501,040.52
247,7601,040.56
247,7701,040.60
247,7801,040.65
247,7901,040.69
247,8001,040.73
247,8101,040.77
247,8201,040.81
247,8301,040.86
247,8401,040.90
247,8501,040.94
247,8601,040.98
247,8701,041.02
247,8801,041.07
247,8901,041.11
247,9001,041.15
247,9101,041.19
247,9201,041.23
247,9301,041.28
247,9401,041.32
247,9501,041.36
247,9601,041.40
247,9701,041.44
247,9801,041.49
247,9901,041.53
248,0001,041.57
248,0101,041.61
248,0201,041.65
248,0301,041.70
248,0401,041.74
248,0501,041.78
248,0601,041.82
248,0701,041.86
248,0801,041.91
248,0901,041.95
248,1001,041.99
248,1101,042.03
248,1201,042.07
248,1301,042.12
248,1401,042.16
248,1501,042.20
248,1601,042.24
248,1701,042.28
248,1801,042.33
248,1901,042.37
248,2001,042.41
248,2101,042.45
248,2201,042.49
248,2301,042.54
248,2401,042.58
248,2501,042.62
248,2601,042.66
248,2701,042.70
248,2801,042.75
248,2901,042.79
248,3001,042.83
248,3101,042.87
248,3201,042.91
248,3301,042.96
248,3401,043.00
248,3501,043.04
248,3601,043.08
248,3701,043.12
248,3801,043.17
248,3901,043.21
248,4001,043.25
248,4101,043.29
248,4201,043.33
248,4301,043.38
248,4401,043.42
248,4501,043.46
248,4601,043.50
248,4701,043.54
248,4801,043.59
248,4901,043.63
248,5001,043.67
248,5101,043.71
248,5201,043.75
248,5301,043.80
248,5401,043.84
248,5501,043.88
248,5601,043.92
248,5701,043.96
248,5801,044.01
248,5901,044.05
248,6001,044.09
248,6101,044.13
248,6201,044.17
248,6301,044.22
248,6401,044.26
248,6501,044.30
248,6601,044.34
248,6701,044.38
248,6801,044.43
248,6901,044.47
248,7001,044.51
248,7101,044.55
248,7201,044.59
248,7301,044.64
248,7401,044.68
Amount Payment
248,7501,044.72
248,7601,044.76
248,7701,044.80
248,7801,044.85
248,7901,044.89
248,8001,044.93
248,8101,044.97
248,8201,045.01
248,8301,045.06
248,8401,045.10
248,8501,045.14
248,8601,045.18
248,8701,045.22
248,8801,045.27
248,8901,045.31
248,9001,045.35
248,9101,045.39
248,9201,045.43
248,9301,045.48
248,9401,045.52
248,9501,045.56
248,9601,045.60
248,9701,045.64
248,9801,045.69
248,9901,045.73
249,0001,045.77
249,0101,045.81
249,0201,045.85
249,0301,045.90
249,0401,045.94
249,0501,045.98
249,0601,046.02
249,0701,046.06
249,0801,046.11
249,0901,046.15
249,1001,046.19
249,1101,046.23
249,1201,046.27
249,1301,046.32
249,1401,046.36
249,1501,046.40
249,1601,046.44
249,1701,046.48
249,1801,046.53
249,1901,046.57
249,2001,046.61
249,2101,046.65
249,2201,046.69
249,2301,046.74
249,2401,046.78
249,2501,046.82
249,2601,046.86
249,2701,046.90
249,2801,046.95
249,2901,046.99
249,3001,047.03
249,3101,047.07
249,3201,047.11
249,3301,047.16
249,3401,047.20
249,3501,047.24
249,3601,047.28
249,3701,047.32
249,3801,047.37
249,3901,047.41
249,4001,047.45
249,4101,047.49
249,4201,047.53
249,4301,047.58
249,4401,047.62
249,4501,047.66
249,4601,047.70
249,4701,047.74
249,4801,047.79
249,4901,047.83
249,5001,047.87
249,5101,047.91
249,5201,047.95
249,5301,048.00
249,5401,048.04
249,5501,048.08
249,5601,048.12
249,5701,048.16
249,5801,048.21
249,5901,048.25
249,6001,048.29
249,6101,048.33
249,6201,048.37
249,6301,048.42
249,6401,048.46
249,6501,048.50
249,6601,048.54
249,6701,048.58
249,6801,048.63
249,6901,048.67
249,7001,048.71
249,7101,048.75
249,7201,048.79
249,7301,048.84
249,7401,048.88
249,7501,048.92
249,7601,048.96
249,7701,049.00
249,7801,049.05
249,7901,049.09
249,8001,049.13
249,8101,049.17
249,8201,049.21
249,8301,049.26
249,8401,049.30
249,8501,049.34
249,8601,049.38
249,8701,049.42
249,8801,049.47
249,8901,049.51
249,9001,049.55
249,9101,049.59
249,9201,049.63
249,9301,049.68
249,9401,049.72
249,9501,049.76
249,9601,049.80
249,9701,049.84
249,9801,049.89
249,9901,049.93
Think about refinancing if your interest rate is higher than the current rates. Sometimes a local lender will charge more than an online lender, but they might sell your mortgage. This results in higher rates with little benefit.

Get multiple quotes to understand the different rates available. Depending on your goals, a 15 year loan might be a better option than a 30 year. A higher down payment will result in a lower monthly payment. Consider all your costs when purchasing a home, such as property taxes, home maintenance, mortgage points or PMI, and insurance.

This calculator can be used to calculate a loan for anything, such as a car, business, home, RV, motor home, manufactured home, real estate, land, education, etc.