$245,000 Mortgage at 5.01% Interest

What is the monthly payment of a 245,000 dollar loan at 5.01 percent? (adjust inputs to calculate new loan)
$
$
%
%
years

How much is the monthly payment for a 30 year mortgage at 5.01% interest? This does not include a down payment.
Amount Payment
245,0001,316.71
245,0101,316.76
245,0201,316.82
245,0301,316.87
245,0401,316.93
245,0501,316.98
245,0601,317.03
245,0701,317.09
245,0801,317.14
245,0901,317.19
245,1001,317.25
245,1101,317.30
245,1201,317.36
245,1301,317.41
245,1401,317.46
245,1501,317.52
245,1601,317.57
245,1701,317.62
245,1801,317.68
245,1901,317.73
245,2001,317.79
245,2101,317.84
245,2201,317.89
245,2301,317.95
245,2401,318.00
245,2501,318.05
245,2601,318.11
245,2701,318.16
245,2801,318.22
245,2901,318.27
245,3001,318.32
245,3101,318.38
245,3201,318.43
245,3301,318.48
245,3401,318.54
245,3501,318.59
245,3601,318.65
245,3701,318.70
245,3801,318.75
245,3901,318.81
245,4001,318.86
245,4101,318.91
245,4201,318.97
245,4301,319.02
245,4401,319.08
245,4501,319.13
245,4601,319.18
245,4701,319.24
245,4801,319.29
245,4901,319.34
245,5001,319.40
245,5101,319.45
245,5201,319.51
245,5301,319.56
245,5401,319.61
245,5501,319.67
245,5601,319.72
245,5701,319.77
245,5801,319.83
245,5901,319.88
245,6001,319.94
245,6101,319.99
245,6201,320.04
245,6301,320.10
245,6401,320.15
245,6501,320.20
245,6601,320.26
245,6701,320.31
245,6801,320.37
245,6901,320.42
245,7001,320.47
245,7101,320.53
245,7201,320.58
245,7301,320.63
245,7401,320.69
245,7501,320.74
245,7601,320.80
245,7701,320.85
245,7801,320.90
245,7901,320.96
245,8001,321.01
245,8101,321.06
245,8201,321.12
245,8301,321.17
245,8401,321.23
245,8501,321.28
245,8601,321.33
245,8701,321.39
245,8801,321.44
245,8901,321.49
245,9001,321.55
245,9101,321.60
245,9201,321.66
245,9301,321.71
245,9401,321.76
245,9501,321.82
245,9601,321.87
245,9701,321.92
245,9801,321.98
245,9901,322.03
246,0001,322.09
246,0101,322.14
246,0201,322.19
246,0301,322.25
246,0401,322.30
246,0501,322.35
246,0601,322.41
246,0701,322.46
246,0801,322.51
246,0901,322.57
246,1001,322.62
246,1101,322.68
246,1201,322.73
246,1301,322.78
246,1401,322.84
246,1501,322.89
246,1601,322.94
246,1701,323.00
246,1801,323.05
246,1901,323.11
246,2001,323.16
246,2101,323.21
246,2201,323.27
246,2301,323.32
246,2401,323.37
Amount Payment
246,2501,323.43
246,2601,323.48
246,2701,323.54
246,2801,323.59
246,2901,323.64
246,3001,323.70
246,3101,323.75
246,3201,323.80
246,3301,323.86
246,3401,323.91
246,3501,323.97
246,3601,324.02
246,3701,324.07
246,3801,324.13
246,3901,324.18
246,4001,324.23
246,4101,324.29
246,4201,324.34
246,4301,324.40
246,4401,324.45
246,4501,324.50
246,4601,324.56
246,4701,324.61
246,4801,324.66
246,4901,324.72
246,5001,324.77
246,5101,324.83
246,5201,324.88
246,5301,324.93
246,5401,324.99
246,5501,325.04
246,5601,325.09
246,5701,325.15
246,5801,325.20
246,5901,325.26
246,6001,325.31
246,6101,325.36
246,6201,325.42
246,6301,325.47
246,6401,325.52
246,6501,325.58
246,6601,325.63
246,6701,325.69
246,6801,325.74
246,6901,325.79
246,7001,325.85
246,7101,325.90
246,7201,325.95
246,7301,326.01
246,7401,326.06
246,7501,326.12
246,7601,326.17
246,7701,326.22
246,7801,326.28
246,7901,326.33
246,8001,326.38
246,8101,326.44
246,8201,326.49
246,8301,326.55
246,8401,326.60
246,8501,326.65
246,8601,326.71
246,8701,326.76
246,8801,326.81
246,8901,326.87
246,9001,326.92
246,9101,326.98
246,9201,327.03
246,9301,327.08
246,9401,327.14
246,9501,327.19
246,9601,327.24
246,9701,327.30
246,9801,327.35
246,9901,327.41
247,0001,327.46
247,0101,327.51
247,0201,327.57
247,0301,327.62
247,0401,327.67
247,0501,327.73
247,0601,327.78
247,0701,327.84
247,0801,327.89
247,0901,327.94
247,1001,328.00
247,1101,328.05
247,1201,328.10
247,1301,328.16
247,1401,328.21
247,1501,328.27
247,1601,328.32
247,1701,328.37
247,1801,328.43
247,1901,328.48
247,2001,328.53
247,2101,328.59
247,2201,328.64
247,2301,328.70
247,2401,328.75
247,2501,328.80
247,2601,328.86
247,2701,328.91
247,2801,328.96
247,2901,329.02
247,3001,329.07
247,3101,329.13
247,3201,329.18
247,3301,329.23
247,3401,329.29
247,3501,329.34
247,3601,329.39
247,3701,329.45
247,3801,329.50
247,3901,329.56
247,4001,329.61
247,4101,329.66
247,4201,329.72
247,4301,329.77
247,4401,329.82
247,4501,329.88
247,4601,329.93
247,4701,329.99
247,4801,330.04
247,4901,330.09
Amount Payment
247,5001,330.15
247,5101,330.20
247,5201,330.25
247,5301,330.31
247,5401,330.36
247,5501,330.42
247,5601,330.47
247,5701,330.52
247,5801,330.58
247,5901,330.63
247,6001,330.68
247,6101,330.74
247,6201,330.79
247,6301,330.85
247,6401,330.90
247,6501,330.95
247,6601,331.01
247,6701,331.06
247,6801,331.11
247,6901,331.17
247,7001,331.22
247,7101,331.28
247,7201,331.33
247,7301,331.38
247,7401,331.44
247,7501,331.49
247,7601,331.54
247,7701,331.60
247,7801,331.65
247,7901,331.71
247,8001,331.76
247,8101,331.81
247,8201,331.87
247,8301,331.92
247,8401,331.97
247,8501,332.03
247,8601,332.08
247,8701,332.14
247,8801,332.19
247,8901,332.24
247,9001,332.30
247,9101,332.35
247,9201,332.40
247,9301,332.46
247,9401,332.51
247,9501,332.56
247,9601,332.62
247,9701,332.67
247,9801,332.73
247,9901,332.78
248,0001,332.83
248,0101,332.89
248,0201,332.94
248,0301,332.99
248,0401,333.05
248,0501,333.10
248,0601,333.16
248,0701,333.21
248,0801,333.26
248,0901,333.32
248,1001,333.37
248,1101,333.42
248,1201,333.48
248,1301,333.53
248,1401,333.59
248,1501,333.64
248,1601,333.69
248,1701,333.75
248,1801,333.80
248,1901,333.85
248,2001,333.91
248,2101,333.96
248,2201,334.02
248,2301,334.07
248,2401,334.12
248,2501,334.18
248,2601,334.23
248,2701,334.28
248,2801,334.34
248,2901,334.39
248,3001,334.45
248,3101,334.50
248,3201,334.55
248,3301,334.61
248,3401,334.66
248,3501,334.71
248,3601,334.77
248,3701,334.82
248,3801,334.88
248,3901,334.93
248,4001,334.98
248,4101,335.04
248,4201,335.09
248,4301,335.14
248,4401,335.20
248,4501,335.25
248,4601,335.31
248,4701,335.36
248,4801,335.41
248,4901,335.47
248,5001,335.52
248,5101,335.57
248,5201,335.63
248,5301,335.68
248,5401,335.74
248,5501,335.79
248,5601,335.84
248,5701,335.90
248,5801,335.95
248,5901,336.00
248,6001,336.06
248,6101,336.11
248,6201,336.17
248,6301,336.22
248,6401,336.27
248,6501,336.33
248,6601,336.38
248,6701,336.43
248,6801,336.49
248,6901,336.54
248,7001,336.60
248,7101,336.65
248,7201,336.70
248,7301,336.76
248,7401,336.81
Amount Payment
248,7501,336.86
248,7601,336.92
248,7701,336.97
248,7801,337.03
248,7901,337.08
248,8001,337.13
248,8101,337.19
248,8201,337.24
248,8301,337.29
248,8401,337.35
248,8501,337.40
248,8601,337.46
248,8701,337.51
248,8801,337.56
248,8901,337.62
248,9001,337.67
248,9101,337.72
248,9201,337.78
248,9301,337.83
248,9401,337.89
248,9501,337.94
248,9601,337.99
248,9701,338.05
248,9801,338.10
248,9901,338.15
249,0001,338.21
249,0101,338.26
249,0201,338.32
249,0301,338.37
249,0401,338.42
249,0501,338.48
249,0601,338.53
249,0701,338.58
249,0801,338.64
249,0901,338.69
249,1001,338.75
249,1101,338.80
249,1201,338.85
249,1301,338.91
249,1401,338.96
249,1501,339.01
249,1601,339.07
249,1701,339.12
249,1801,339.18
249,1901,339.23
249,2001,339.28
249,2101,339.34
249,2201,339.39
249,2301,339.44
249,2401,339.50
249,2501,339.55
249,2601,339.61
249,2701,339.66
249,2801,339.71
249,2901,339.77
249,3001,339.82
249,3101,339.87
249,3201,339.93
249,3301,339.98
249,3401,340.04
249,3501,340.09
249,3601,340.14
249,3701,340.20
249,3801,340.25
249,3901,340.30
249,4001,340.36
249,4101,340.41
249,4201,340.47
249,4301,340.52
249,4401,340.57
249,4501,340.63
249,4601,340.68
249,4701,340.73
249,4801,340.79
249,4901,340.84
249,5001,340.90
249,5101,340.95
249,5201,341.00
249,5301,341.06
249,5401,341.11
249,5501,341.16
249,5601,341.22
249,5701,341.27
249,5801,341.33
249,5901,341.38
249,6001,341.43
249,6101,341.49
249,6201,341.54
249,6301,341.59
249,6401,341.65
249,6501,341.70
249,6601,341.76
249,6701,341.81
249,6801,341.86
249,6901,341.92
249,7001,341.97
249,7101,342.02
249,7201,342.08
249,7301,342.13
249,7401,342.19
249,7501,342.24
249,7601,342.29
249,7701,342.35
249,7801,342.40
249,7901,342.45
249,8001,342.51
249,8101,342.56
249,8201,342.61
249,8301,342.67
249,8401,342.72
249,8501,342.78
249,8601,342.83
249,8701,342.88
249,8801,342.94
249,8901,342.99
249,9001,343.04
249,9101,343.10
249,9201,343.15
249,9301,343.21
249,9401,343.26
249,9501,343.31
249,9601,343.37
249,9701,343.42
249,9801,343.47
249,9901,343.53
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.