$245,000 Mortgage at 4.8% Interest

What is the monthly payment of a 245,000 dollar loan at 4.8 percent? (adjust inputs to calculate new loan)
$
$
%
%
years

How much is the monthly payment for a 30 year mortgage at 4.8% interest? This does not include a down payment.
Amount Payment
245,0001,285.43
245,0101,285.48
245,0201,285.54
245,0301,285.59
245,0401,285.64
245,0501,285.69
245,0601,285.74
245,0701,285.80
245,0801,285.85
245,0901,285.90
245,1001,285.95
245,1101,286.01
245,1201,286.06
245,1301,286.11
245,1401,286.16
245,1501,286.22
245,1601,286.27
245,1701,286.32
245,1801,286.37
245,1901,286.43
245,2001,286.48
245,2101,286.53
245,2201,286.58
245,2301,286.64
245,2401,286.69
245,2501,286.74
245,2601,286.79
245,2701,286.85
245,2801,286.90
245,2901,286.95
245,3001,287.00
245,3101,287.06
245,3201,287.11
245,3301,287.16
245,3401,287.21
245,3501,287.27
245,3601,287.32
245,3701,287.37
245,3801,287.42
245,3901,287.48
245,4001,287.53
245,4101,287.58
245,4201,287.63
245,4301,287.69
245,4401,287.74
245,4501,287.79
245,4601,287.84
245,4701,287.90
245,4801,287.95
245,4901,288.00
245,5001,288.05
245,5101,288.11
245,5201,288.16
245,5301,288.21
245,5401,288.26
245,5501,288.32
245,5601,288.37
245,5701,288.42
245,5801,288.47
245,5901,288.53
245,6001,288.58
245,6101,288.63
245,6201,288.68
245,6301,288.74
245,6401,288.79
245,6501,288.84
245,6601,288.89
245,6701,288.95
245,6801,289.00
245,6901,289.05
245,7001,289.10
245,7101,289.16
245,7201,289.21
245,7301,289.26
245,7401,289.31
245,7501,289.37
245,7601,289.42
245,7701,289.47
245,7801,289.52
245,7901,289.57
245,8001,289.63
245,8101,289.68
245,8201,289.73
245,8301,289.78
245,8401,289.84
245,8501,289.89
245,8601,289.94
245,8701,289.99
245,8801,290.05
245,8901,290.10
245,9001,290.15
245,9101,290.20
245,9201,290.26
245,9301,290.31
245,9401,290.36
245,9501,290.41
245,9601,290.47
245,9701,290.52
245,9801,290.57
245,9901,290.62
246,0001,290.68
246,0101,290.73
246,0201,290.78
246,0301,290.83
246,0401,290.89
246,0501,290.94
246,0601,290.99
246,0701,291.04
246,0801,291.10
246,0901,291.15
246,1001,291.20
246,1101,291.25
246,1201,291.31
246,1301,291.36
246,1401,291.41
246,1501,291.46
246,1601,291.52
246,1701,291.57
246,1801,291.62
246,1901,291.67
246,2001,291.73
246,2101,291.78
246,2201,291.83
246,2301,291.88
246,2401,291.94
Amount Payment
246,2501,291.99
246,2601,292.04
246,2701,292.09
246,2801,292.15
246,2901,292.20
246,3001,292.25
246,3101,292.30
246,3201,292.36
246,3301,292.41
246,3401,292.46
246,3501,292.51
246,3601,292.57
246,3701,292.62
246,3801,292.67
246,3901,292.72
246,4001,292.78
246,4101,292.83
246,4201,292.88
246,4301,292.93
246,4401,292.99
246,4501,293.04
246,4601,293.09
246,4701,293.14
246,4801,293.20
246,4901,293.25
246,5001,293.30
246,5101,293.35
246,5201,293.41
246,5301,293.46
246,5401,293.51
246,5501,293.56
246,5601,293.61
246,5701,293.67
246,5801,293.72
246,5901,293.77
246,6001,293.82
246,6101,293.88
246,6201,293.93
246,6301,293.98
246,6401,294.03
246,6501,294.09
246,6601,294.14
246,6701,294.19
246,6801,294.24
246,6901,294.30
246,7001,294.35
246,7101,294.40
246,7201,294.45
246,7301,294.51
246,7401,294.56
246,7501,294.61
246,7601,294.66
246,7701,294.72
246,7801,294.77
246,7901,294.82
246,8001,294.87
246,8101,294.93
246,8201,294.98
246,8301,295.03
246,8401,295.08
246,8501,295.14
246,8601,295.19
246,8701,295.24
246,8801,295.29
246,8901,295.35
246,9001,295.40
246,9101,295.45
246,9201,295.50
246,9301,295.56
246,9401,295.61
246,9501,295.66
246,9601,295.71
246,9701,295.77
246,9801,295.82
246,9901,295.87
247,0001,295.92
247,0101,295.98
247,0201,296.03
247,0301,296.08
247,0401,296.13
247,0501,296.19
247,0601,296.24
247,0701,296.29
247,0801,296.34
247,0901,296.40
247,1001,296.45
247,1101,296.50
247,1201,296.55
247,1301,296.61
247,1401,296.66
247,1501,296.71
247,1601,296.76
247,1701,296.82
247,1801,296.87
247,1901,296.92
247,2001,296.97
247,2101,297.03
247,2201,297.08
247,2301,297.13
247,2401,297.18
247,2501,297.24
247,2601,297.29
247,2701,297.34
247,2801,297.39
247,2901,297.44
247,3001,297.50
247,3101,297.55
247,3201,297.60
247,3301,297.65
247,3401,297.71
247,3501,297.76
247,3601,297.81
247,3701,297.86
247,3801,297.92
247,3901,297.97
247,4001,298.02
247,4101,298.07
247,4201,298.13
247,4301,298.18
247,4401,298.23
247,4501,298.28
247,4601,298.34
247,4701,298.39
247,4801,298.44
247,4901,298.49
Amount Payment
247,5001,298.55
247,5101,298.60
247,5201,298.65
247,5301,298.70
247,5401,298.76
247,5501,298.81
247,5601,298.86
247,5701,298.91
247,5801,298.97
247,5901,299.02
247,6001,299.07
247,6101,299.12
247,6201,299.18
247,6301,299.23
247,6401,299.28
247,6501,299.33
247,6601,299.39
247,6701,299.44
247,6801,299.49
247,6901,299.54
247,7001,299.60
247,7101,299.65
247,7201,299.70
247,7301,299.75
247,7401,299.81
247,7501,299.86
247,7601,299.91
247,7701,299.96
247,7801,300.02
247,7901,300.07
247,8001,300.12
247,8101,300.17
247,8201,300.23
247,8301,300.28
247,8401,300.33
247,8501,300.38
247,8601,300.44
247,8701,300.49
247,8801,300.54
247,8901,300.59
247,9001,300.65
247,9101,300.70
247,9201,300.75
247,9301,300.80
247,9401,300.86
247,9501,300.91
247,9601,300.96
247,9701,301.01
247,9801,301.07
247,9901,301.12
248,0001,301.17
248,0101,301.22
248,0201,301.28
248,0301,301.33
248,0401,301.38
248,0501,301.43
248,0601,301.48
248,0701,301.54
248,0801,301.59
248,0901,301.64
248,1001,301.69
248,1101,301.75
248,1201,301.80
248,1301,301.85
248,1401,301.90
248,1501,301.96
248,1601,302.01
248,1701,302.06
248,1801,302.11
248,1901,302.17
248,2001,302.22
248,2101,302.27
248,2201,302.32
248,2301,302.38
248,2401,302.43
248,2501,302.48
248,2601,302.53
248,2701,302.59
248,2801,302.64
248,2901,302.69
248,3001,302.74
248,3101,302.80
248,3201,302.85
248,3301,302.90
248,3401,302.95
248,3501,303.01
248,3601,303.06
248,3701,303.11
248,3801,303.16
248,3901,303.22
248,4001,303.27
248,4101,303.32
248,4201,303.37
248,4301,303.43
248,4401,303.48
248,4501,303.53
248,4601,303.58
248,4701,303.64
248,4801,303.69
248,4901,303.74
248,5001,303.79
248,5101,303.85
248,5201,303.90
248,5301,303.95
248,5401,304.00
248,5501,304.06
248,5601,304.11
248,5701,304.16
248,5801,304.21
248,5901,304.27
248,6001,304.32
248,6101,304.37
248,6201,304.42
248,6301,304.48
248,6401,304.53
248,6501,304.58
248,6601,304.63
248,6701,304.69
248,6801,304.74
248,6901,304.79
248,7001,304.84
248,7101,304.90
248,7201,304.95
248,7301,305.00
248,7401,305.05
Amount Payment
248,7501,305.11
248,7601,305.16
248,7701,305.21
248,7801,305.26
248,7901,305.31
248,8001,305.37
248,8101,305.42
248,8201,305.47
248,8301,305.52
248,8401,305.58
248,8501,305.63
248,8601,305.68
248,8701,305.73
248,8801,305.79
248,8901,305.84
248,9001,305.89
248,9101,305.94
248,9201,306.00
248,9301,306.05
248,9401,306.10
248,9501,306.15
248,9601,306.21
248,9701,306.26
248,9801,306.31
248,9901,306.36
249,0001,306.42
249,0101,306.47
249,0201,306.52
249,0301,306.57
249,0401,306.63
249,0501,306.68
249,0601,306.73
249,0701,306.78
249,0801,306.84
249,0901,306.89
249,1001,306.94
249,1101,306.99
249,1201,307.05
249,1301,307.10
249,1401,307.15
249,1501,307.20
249,1601,307.26
249,1701,307.31
249,1801,307.36
249,1901,307.41
249,2001,307.47
249,2101,307.52
249,2201,307.57
249,2301,307.62
249,2401,307.68
249,2501,307.73
249,2601,307.78
249,2701,307.83
249,2801,307.89
249,2901,307.94
249,3001,307.99
249,3101,308.04
249,3201,308.10
249,3301,308.15
249,3401,308.20
249,3501,308.25
249,3601,308.31
249,3701,308.36
249,3801,308.41
249,3901,308.46
249,4001,308.52
249,4101,308.57
249,4201,308.62
249,4301,308.67
249,4401,308.73
249,4501,308.78
249,4601,308.83
249,4701,308.88
249,4801,308.94
249,4901,308.99
249,5001,309.04
249,5101,309.09
249,5201,309.14
249,5301,309.20
249,5401,309.25
249,5501,309.30
249,5601,309.35
249,5701,309.41
249,5801,309.46
249,5901,309.51
249,6001,309.56
249,6101,309.62
249,6201,309.67
249,6301,309.72
249,6401,309.77
249,6501,309.83
249,6601,309.88
249,6701,309.93
249,6801,309.98
249,6901,310.04
249,7001,310.09
249,7101,310.14
249,7201,310.19
249,7301,310.25
249,7401,310.30
249,7501,310.35
249,7601,310.40
249,7701,310.46
249,7801,310.51
249,7901,310.56
249,8001,310.61
249,8101,310.67
249,8201,310.72
249,8301,310.77
249,8401,310.82
249,8501,310.88
249,8601,310.93
249,8701,310.98
249,8801,311.03
249,8901,311.09
249,9001,311.14
249,9101,311.19
249,9201,311.24
249,9301,311.30
249,9401,311.35
249,9501,311.40
249,9601,311.45
249,9701,311.51
249,9801,311.56
249,9901,311.61
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.