$245,000 Mortgage at 2.98% Interest

What is the monthly payment of a 245,000 dollar loan at 2.98 percent? (adjust inputs to calculate new loan)
$
$
%
%
years

How much is the monthly payment for a 30 year mortgage at 2.98% interest? This does not include a down payment.
Amount Payment
245,0001,030.29
245,0101,030.33
245,0201,030.37
245,0301,030.42
245,0401,030.46
245,0501,030.50
245,0601,030.54
245,0701,030.58
245,0801,030.63
245,0901,030.67
245,1001,030.71
245,1101,030.75
245,1201,030.79
245,1301,030.84
245,1401,030.88
245,1501,030.92
245,1601,030.96
245,1701,031.00
245,1801,031.05
245,1901,031.09
245,2001,031.13
245,2101,031.17
245,2201,031.21
245,2301,031.26
245,2401,031.30
245,2501,031.34
245,2601,031.38
245,2701,031.42
245,2801,031.47
245,2901,031.51
245,3001,031.55
245,3101,031.59
245,3201,031.63
245,3301,031.68
245,3401,031.72
245,3501,031.76
245,3601,031.80
245,3701,031.85
245,3801,031.89
245,3901,031.93
245,4001,031.97
245,4101,032.01
245,4201,032.06
245,4301,032.10
245,4401,032.14
245,4501,032.18
245,4601,032.22
245,4701,032.27
245,4801,032.31
245,4901,032.35
245,5001,032.39
245,5101,032.43
245,5201,032.48
245,5301,032.52
245,5401,032.56
245,5501,032.60
245,5601,032.64
245,5701,032.69
245,5801,032.73
245,5901,032.77
245,6001,032.81
245,6101,032.85
245,6201,032.90
245,6301,032.94
245,6401,032.98
245,6501,033.02
245,6601,033.06
245,6701,033.11
245,6801,033.15
245,6901,033.19
245,7001,033.23
245,7101,033.27
245,7201,033.32
245,7301,033.36
245,7401,033.40
245,7501,033.44
245,7601,033.49
245,7701,033.53
245,7801,033.57
245,7901,033.61
245,8001,033.65
245,8101,033.70
245,8201,033.74
245,8301,033.78
245,8401,033.82
245,8501,033.86
245,8601,033.91
245,8701,033.95
245,8801,033.99
245,8901,034.03
245,9001,034.07
245,9101,034.12
245,9201,034.16
245,9301,034.20
245,9401,034.24
245,9501,034.28
245,9601,034.33
245,9701,034.37
245,9801,034.41
245,9901,034.45
246,0001,034.49
246,0101,034.54
246,0201,034.58
246,0301,034.62
246,0401,034.66
246,0501,034.70
246,0601,034.75
246,0701,034.79
246,0801,034.83
246,0901,034.87
246,1001,034.91
246,1101,034.96
246,1201,035.00
246,1301,035.04
246,1401,035.08
246,1501,035.13
246,1601,035.17
246,1701,035.21
246,1801,035.25
246,1901,035.29
246,2001,035.34
246,2101,035.38
246,2201,035.42
246,2301,035.46
246,2401,035.50
Amount Payment
246,2501,035.55
246,2601,035.59
246,2701,035.63
246,2801,035.67
246,2901,035.71
246,3001,035.76
246,3101,035.80
246,3201,035.84
246,3301,035.88
246,3401,035.92
246,3501,035.97
246,3601,036.01
246,3701,036.05
246,3801,036.09
246,3901,036.13
246,4001,036.18
246,4101,036.22
246,4201,036.26
246,4301,036.30
246,4401,036.34
246,4501,036.39
246,4601,036.43
246,4701,036.47
246,4801,036.51
246,4901,036.55
246,5001,036.60
246,5101,036.64
246,5201,036.68
246,5301,036.72
246,5401,036.77
246,5501,036.81
246,5601,036.85
246,5701,036.89
246,5801,036.93
246,5901,036.98
246,6001,037.02
246,6101,037.06
246,6201,037.10
246,6301,037.14
246,6401,037.19
246,6501,037.23
246,6601,037.27
246,6701,037.31
246,6801,037.35
246,6901,037.40
246,7001,037.44
246,7101,037.48
246,7201,037.52
246,7301,037.56
246,7401,037.61
246,7501,037.65
246,7601,037.69
246,7701,037.73
246,7801,037.77
246,7901,037.82
246,8001,037.86
246,8101,037.90
246,8201,037.94
246,8301,037.98
246,8401,038.03
246,8501,038.07
246,8601,038.11
246,8701,038.15
246,8801,038.19
246,8901,038.24
246,9001,038.28
246,9101,038.32
246,9201,038.36
246,9301,038.41
246,9401,038.45
246,9501,038.49
246,9601,038.53
246,9701,038.57
246,9801,038.62
246,9901,038.66
247,0001,038.70
247,0101,038.74
247,0201,038.78
247,0301,038.83
247,0401,038.87
247,0501,038.91
247,0601,038.95
247,0701,038.99
247,0801,039.04
247,0901,039.08
247,1001,039.12
247,1101,039.16
247,1201,039.20
247,1301,039.25
247,1401,039.29
247,1501,039.33
247,1601,039.37
247,1701,039.41
247,1801,039.46
247,1901,039.50
247,2001,039.54
247,2101,039.58
247,2201,039.62
247,2301,039.67
247,2401,039.71
247,2501,039.75
247,2601,039.79
247,2701,039.84
247,2801,039.88
247,2901,039.92
247,3001,039.96
247,3101,040.00
247,3201,040.05
247,3301,040.09
247,3401,040.13
247,3501,040.17
247,3601,040.21
247,3701,040.26
247,3801,040.30
247,3901,040.34
247,4001,040.38
247,4101,040.42
247,4201,040.47
247,4301,040.51
247,4401,040.55
247,4501,040.59
247,4601,040.63
247,4701,040.68
247,4801,040.72
247,4901,040.76
Amount Payment
247,5001,040.80
247,5101,040.84
247,5201,040.89
247,5301,040.93
247,5401,040.97
247,5501,041.01
247,5601,041.05
247,5701,041.10
247,5801,041.14
247,5901,041.18
247,6001,041.22
247,6101,041.26
247,6201,041.31
247,6301,041.35
247,6401,041.39
247,6501,041.43
247,6601,041.48
247,6701,041.52
247,6801,041.56
247,6901,041.60
247,7001,041.64
247,7101,041.69
247,7201,041.73
247,7301,041.77
247,7401,041.81
247,7501,041.85
247,7601,041.90
247,7701,041.94
247,7801,041.98
247,7901,042.02
247,8001,042.06
247,8101,042.11
247,8201,042.15
247,8301,042.19
247,8401,042.23
247,8501,042.27
247,8601,042.32
247,8701,042.36
247,8801,042.40
247,8901,042.44
247,9001,042.48
247,9101,042.53
247,9201,042.57
247,9301,042.61
247,9401,042.65
247,9501,042.69
247,9601,042.74
247,9701,042.78
247,9801,042.82
247,9901,042.86
248,0001,042.90
248,0101,042.95
248,0201,042.99
248,0301,043.03
248,0401,043.07
248,0501,043.12
248,0601,043.16
248,0701,043.20
248,0801,043.24
248,0901,043.28
248,1001,043.33
248,1101,043.37
248,1201,043.41
248,1301,043.45
248,1401,043.49
248,1501,043.54
248,1601,043.58
248,1701,043.62
248,1801,043.66
248,1901,043.70
248,2001,043.75
248,2101,043.79
248,2201,043.83
248,2301,043.87
248,2401,043.91
248,2501,043.96
248,2601,044.00
248,2701,044.04
248,2801,044.08
248,2901,044.12
248,3001,044.17
248,3101,044.21
248,3201,044.25
248,3301,044.29
248,3401,044.33
248,3501,044.38
248,3601,044.42
248,3701,044.46
248,3801,044.50
248,3901,044.54
248,4001,044.59
248,4101,044.63
248,4201,044.67
248,4301,044.71
248,4401,044.76
248,4501,044.80
248,4601,044.84
248,4701,044.88
248,4801,044.92
248,4901,044.97
248,5001,045.01
248,5101,045.05
248,5201,045.09
248,5301,045.13
248,5401,045.18
248,5501,045.22
248,5601,045.26
248,5701,045.30
248,5801,045.34
248,5901,045.39
248,6001,045.43
248,6101,045.47
248,6201,045.51
248,6301,045.55
248,6401,045.60
248,6501,045.64
248,6601,045.68
248,6701,045.72
248,6801,045.76
248,6901,045.81
248,7001,045.85
248,7101,045.89
248,7201,045.93
248,7301,045.97
248,7401,046.02
Amount Payment
248,7501,046.06
248,7601,046.10
248,7701,046.14
248,7801,046.18
248,7901,046.23
248,8001,046.27
248,8101,046.31
248,8201,046.35
248,8301,046.40
248,8401,046.44
248,8501,046.48
248,8601,046.52
248,8701,046.56
248,8801,046.61
248,8901,046.65
248,9001,046.69
248,9101,046.73
248,9201,046.77
248,9301,046.82
248,9401,046.86
248,9501,046.90
248,9601,046.94
248,9701,046.98
248,9801,047.03
248,9901,047.07
249,0001,047.11
249,0101,047.15
249,0201,047.19
249,0301,047.24
249,0401,047.28
249,0501,047.32
249,0601,047.36
249,0701,047.40
249,0801,047.45
249,0901,047.49
249,1001,047.53
249,1101,047.57
249,1201,047.61
249,1301,047.66
249,1401,047.70
249,1501,047.74
249,1601,047.78
249,1701,047.83
249,1801,047.87
249,1901,047.91
249,2001,047.95
249,2101,047.99
249,2201,048.04
249,2301,048.08
249,2401,048.12
249,2501,048.16
249,2601,048.20
249,2701,048.25
249,2801,048.29
249,2901,048.33
249,3001,048.37
249,3101,048.41
249,3201,048.46
249,3301,048.50
249,3401,048.54
249,3501,048.58
249,3601,048.62
249,3701,048.67
249,3801,048.71
249,3901,048.75
249,4001,048.79
249,4101,048.83
249,4201,048.88
249,4301,048.92
249,4401,048.96
249,4501,049.00
249,4601,049.04
249,4701,049.09
249,4801,049.13
249,4901,049.17
249,5001,049.21
249,5101,049.25
249,5201,049.30
249,5301,049.34
249,5401,049.38
249,5501,049.42
249,5601,049.47
249,5701,049.51
249,5801,049.55
249,5901,049.59
249,6001,049.63
249,6101,049.68
249,6201,049.72
249,6301,049.76
249,6401,049.80
249,6501,049.84
249,6601,049.89
249,6701,049.93
249,6801,049.97
249,6901,050.01
249,7001,050.05
249,7101,050.10
249,7201,050.14
249,7301,050.18
249,7401,050.22
249,7501,050.26
249,7601,050.31
249,7701,050.35
249,7801,050.39
249,7901,050.43
249,8001,050.47
249,8101,050.52
249,8201,050.56
249,8301,050.60
249,8401,050.64
249,8501,050.68
249,8601,050.73
249,8701,050.77
249,8801,050.81
249,8901,050.85
249,9001,050.89
249,9101,050.94
249,9201,050.98
249,9301,051.02
249,9401,051.06
249,9501,051.11
249,9601,051.15
249,9701,051.19
249,9801,051.23
249,9901,051.27
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.