$245,000 Mortgage at 5.97% Interest

What is the monthly payment of a 245,000 dollar loan at 5.97 percent? (adjust inputs to calculate new loan)
$
$
%
%
years

How much is the monthly payment for a 30 year mortgage at 5.97% interest? This does not include a down payment.
Amount Payment
245,0001,464.18
245,0101,464.24
245,0201,464.30
245,0301,464.36
245,0401,464.42
245,0501,464.48
245,0601,464.54
245,0701,464.60
245,0801,464.65
245,0901,464.71
245,1001,464.77
245,1101,464.83
245,1201,464.89
245,1301,464.95
245,1401,465.01
245,1501,465.07
245,1601,465.13
245,1701,465.19
245,1801,465.25
245,1901,465.31
245,2001,465.37
245,2101,465.43
245,2201,465.49
245,2301,465.55
245,2401,465.61
245,2501,465.67
245,2601,465.73
245,2701,465.79
245,2801,465.85
245,2901,465.91
245,3001,465.97
245,3101,466.03
245,3201,466.09
245,3301,466.15
245,3401,466.21
245,3501,466.27
245,3601,466.33
245,3701,466.39
245,3801,466.45
245,3901,466.51
245,4001,466.57
245,4101,466.63
245,4201,466.69
245,4301,466.75
245,4401,466.81
245,4501,466.87
245,4601,466.93
245,4701,466.99
245,4801,467.05
245,4901,467.11
245,5001,467.16
245,5101,467.22
245,5201,467.28
245,5301,467.34
245,5401,467.40
245,5501,467.46
245,5601,467.52
245,5701,467.58
245,5801,467.64
245,5901,467.70
245,6001,467.76
245,6101,467.82
245,6201,467.88
245,6301,467.94
245,6401,468.00
245,6501,468.06
245,6601,468.12
245,6701,468.18
245,6801,468.24
245,6901,468.30
245,7001,468.36
245,7101,468.42
245,7201,468.48
245,7301,468.54
245,7401,468.60
245,7501,468.66
245,7601,468.72
245,7701,468.78
245,7801,468.84
245,7901,468.90
245,8001,468.96
245,8101,469.02
245,8201,469.08
245,8301,469.14
245,8401,469.20
245,8501,469.26
245,8601,469.32
245,8701,469.38
245,8801,469.44
245,8901,469.50
245,9001,469.56
245,9101,469.62
245,9201,469.67
245,9301,469.73
245,9401,469.79
245,9501,469.85
245,9601,469.91
245,9701,469.97
245,9801,470.03
245,9901,470.09
246,0001,470.15
246,0101,470.21
246,0201,470.27
246,0301,470.33
246,0401,470.39
246,0501,470.45
246,0601,470.51
246,0701,470.57
246,0801,470.63
246,0901,470.69
246,1001,470.75
246,1101,470.81
246,1201,470.87
246,1301,470.93
246,1401,470.99
246,1501,471.05
246,1601,471.11
246,1701,471.17
246,1801,471.23
246,1901,471.29
246,2001,471.35
246,2101,471.41
246,2201,471.47
246,2301,471.53
246,2401,471.59
Amount Payment
246,2501,471.65
246,2601,471.71
246,2701,471.77
246,2801,471.83
246,2901,471.89
246,3001,471.95
246,3101,472.01
246,3201,472.07
246,3301,472.13
246,3401,472.18
246,3501,472.24
246,3601,472.30
246,3701,472.36
246,3801,472.42
246,3901,472.48
246,4001,472.54
246,4101,472.60
246,4201,472.66
246,4301,472.72
246,4401,472.78
246,4501,472.84
246,4601,472.90
246,4701,472.96
246,4801,473.02
246,4901,473.08
246,5001,473.14
246,5101,473.20
246,5201,473.26
246,5301,473.32
246,5401,473.38
246,5501,473.44
246,5601,473.50
246,5701,473.56
246,5801,473.62
246,5901,473.68
246,6001,473.74
246,6101,473.80
246,6201,473.86
246,6301,473.92
246,6401,473.98
246,6501,474.04
246,6601,474.10
246,6701,474.16
246,6801,474.22
246,6901,474.28
246,7001,474.34
246,7101,474.40
246,7201,474.46
246,7301,474.52
246,7401,474.58
246,7501,474.64
246,7601,474.69
246,7701,474.75
246,7801,474.81
246,7901,474.87
246,8001,474.93
246,8101,474.99
246,8201,475.05
246,8301,475.11
246,8401,475.17
246,8501,475.23
246,8601,475.29
246,8701,475.35
246,8801,475.41
246,8901,475.47
246,9001,475.53
246,9101,475.59
246,9201,475.65
246,9301,475.71
246,9401,475.77
246,9501,475.83
246,9601,475.89
246,9701,475.95
246,9801,476.01
246,9901,476.07
247,0001,476.13
247,0101,476.19
247,0201,476.25
247,0301,476.31
247,0401,476.37
247,0501,476.43
247,0601,476.49
247,0701,476.55
247,0801,476.61
247,0901,476.67
247,1001,476.73
247,1101,476.79
247,1201,476.85
247,1301,476.91
247,1401,476.97
247,1501,477.03
247,1601,477.09
247,1701,477.15
247,1801,477.20
247,1901,477.26
247,2001,477.32
247,2101,477.38
247,2201,477.44
247,2301,477.50
247,2401,477.56
247,2501,477.62
247,2601,477.68
247,2701,477.74
247,2801,477.80
247,2901,477.86
247,3001,477.92
247,3101,477.98
247,3201,478.04
247,3301,478.10
247,3401,478.16
247,3501,478.22
247,3601,478.28
247,3701,478.34
247,3801,478.40
247,3901,478.46
247,4001,478.52
247,4101,478.58
247,4201,478.64
247,4301,478.70
247,4401,478.76
247,4501,478.82
247,4601,478.88
247,4701,478.94
247,4801,479.00
247,4901,479.06
Amount Payment
247,5001,479.12
247,5101,479.18
247,5201,479.24
247,5301,479.30
247,5401,479.36
247,5501,479.42
247,5601,479.48
247,5701,479.54
247,5801,479.60
247,5901,479.66
247,6001,479.71
247,6101,479.77
247,6201,479.83
247,6301,479.89
247,6401,479.95
247,6501,480.01
247,6601,480.07
247,6701,480.13
247,6801,480.19
247,6901,480.25
247,7001,480.31
247,7101,480.37
247,7201,480.43
247,7301,480.49
247,7401,480.55
247,7501,480.61
247,7601,480.67
247,7701,480.73
247,7801,480.79
247,7901,480.85
247,8001,480.91
247,8101,480.97
247,8201,481.03
247,8301,481.09
247,8401,481.15
247,8501,481.21
247,8601,481.27
247,8701,481.33
247,8801,481.39
247,8901,481.45
247,9001,481.51
247,9101,481.57
247,9201,481.63
247,9301,481.69
247,9401,481.75
247,9501,481.81
247,9601,481.87
247,9701,481.93
247,9801,481.99
247,9901,482.05
248,0001,482.11
248,0101,482.17
248,0201,482.22
248,0301,482.28
248,0401,482.34
248,0501,482.40
248,0601,482.46
248,0701,482.52
248,0801,482.58
248,0901,482.64
248,1001,482.70
248,1101,482.76
248,1201,482.82
248,1301,482.88
248,1401,482.94
248,1501,483.00
248,1601,483.06
248,1701,483.12
248,1801,483.18
248,1901,483.24
248,2001,483.30
248,2101,483.36
248,2201,483.42
248,2301,483.48
248,2401,483.54
248,2501,483.60
248,2601,483.66
248,2701,483.72
248,2801,483.78
248,2901,483.84
248,3001,483.90
248,3101,483.96
248,3201,484.02
248,3301,484.08
248,3401,484.14
248,3501,484.20
248,3601,484.26
248,3701,484.32
248,3801,484.38
248,3901,484.44
248,4001,484.50
248,4101,484.56
248,4201,484.62
248,4301,484.68
248,4401,484.73
248,4501,484.79
248,4601,484.85
248,4701,484.91
248,4801,484.97
248,4901,485.03
248,5001,485.09
248,5101,485.15
248,5201,485.21
248,5301,485.27
248,5401,485.33
248,5501,485.39
248,5601,485.45
248,5701,485.51
248,5801,485.57
248,5901,485.63
248,6001,485.69
248,6101,485.75
248,6201,485.81
248,6301,485.87
248,6401,485.93
248,6501,485.99
248,6601,486.05
248,6701,486.11
248,6801,486.17
248,6901,486.23
248,7001,486.29
248,7101,486.35
248,7201,486.41
248,7301,486.47
248,7401,486.53
Amount Payment
248,7501,486.59
248,7601,486.65
248,7701,486.71
248,7801,486.77
248,7901,486.83
248,8001,486.89
248,8101,486.95
248,8201,487.01
248,8301,487.07
248,8401,487.13
248,8501,487.19
248,8601,487.24
248,8701,487.30
248,8801,487.36
248,8901,487.42
248,9001,487.48
248,9101,487.54
248,9201,487.60
248,9301,487.66
248,9401,487.72
248,9501,487.78
248,9601,487.84
248,9701,487.90
248,9801,487.96
248,9901,488.02
249,0001,488.08
249,0101,488.14
249,0201,488.20
249,0301,488.26
249,0401,488.32
249,0501,488.38
249,0601,488.44
249,0701,488.50
249,0801,488.56
249,0901,488.62
249,1001,488.68
249,1101,488.74
249,1201,488.80
249,1301,488.86
249,1401,488.92
249,1501,488.98
249,1601,489.04
249,1701,489.10
249,1801,489.16
249,1901,489.22
249,2001,489.28
249,2101,489.34
249,2201,489.40
249,2301,489.46
249,2401,489.52
249,2501,489.58
249,2601,489.64
249,2701,489.70
249,2801,489.75
249,2901,489.81
249,3001,489.87
249,3101,489.93
249,3201,489.99
249,3301,490.05
249,3401,490.11
249,3501,490.17
249,3601,490.23
249,3701,490.29
249,3801,490.35
249,3901,490.41
249,4001,490.47
249,4101,490.53
249,4201,490.59
249,4301,490.65
249,4401,490.71
249,4501,490.77
249,4601,490.83
249,4701,490.89
249,4801,490.95
249,4901,491.01
249,5001,491.07
249,5101,491.13
249,5201,491.19
249,5301,491.25
249,5401,491.31
249,5501,491.37
249,5601,491.43
249,5701,491.49
249,5801,491.55
249,5901,491.61
249,6001,491.67
249,6101,491.73
249,6201,491.79
249,6301,491.85
249,6401,491.91
249,6501,491.97
249,6601,492.03
249,6701,492.09
249,6801,492.15
249,6901,492.21
249,7001,492.26
249,7101,492.32
249,7201,492.38
249,7301,492.44
249,7401,492.50
249,7501,492.56
249,7601,492.62
249,7701,492.68
249,7801,492.74
249,7901,492.80
249,8001,492.86
249,8101,492.92
249,8201,492.98
249,8301,493.04
249,8401,493.10
249,8501,493.16
249,8601,493.22
249,8701,493.28
249,8801,493.34
249,8901,493.40
249,9001,493.46
249,9101,493.52
249,9201,493.58
249,9301,493.64
249,9401,493.70
249,9501,493.76
249,9601,493.82
249,9701,493.88
249,9801,493.94
249,9901,494.00
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.