$245,000 Mortgage at 6.25% Interest

What is the monthly payment of a 245,000 dollar loan at 6.25 percent? (adjust inputs to calculate new loan)
$
$
%
%
years

How much is the monthly payment for a 30 year mortgage at 6.25% interest? This does not include a down payment.
Amount Payment
245,0001,508.51
245,0101,508.57
245,0201,508.63
245,0301,508.69
245,0401,508.75
245,0501,508.81
245,0601,508.88
245,0701,508.94
245,0801,509.00
245,0901,509.06
245,1001,509.12
245,1101,509.18
245,1201,509.25
245,1301,509.31
245,1401,509.37
245,1501,509.43
245,1601,509.49
245,1701,509.55
245,1801,509.62
245,1901,509.68
245,2001,509.74
245,2101,509.80
245,2201,509.86
245,2301,509.92
245,2401,509.98
245,2501,510.05
245,2601,510.11
245,2701,510.17
245,2801,510.23
245,2901,510.29
245,3001,510.35
245,3101,510.42
245,3201,510.48
245,3301,510.54
245,3401,510.60
245,3501,510.66
245,3601,510.72
245,3701,510.79
245,3801,510.85
245,3901,510.91
245,4001,510.97
245,4101,511.03
245,4201,511.09
245,4301,511.15
245,4401,511.22
245,4501,511.28
245,4601,511.34
245,4701,511.40
245,4801,511.46
245,4901,511.52
245,5001,511.59
245,5101,511.65
245,5201,511.71
245,5301,511.77
245,5401,511.83
245,5501,511.89
245,5601,511.96
245,5701,512.02
245,5801,512.08
245,5901,512.14
245,6001,512.20
245,6101,512.26
245,6201,512.32
245,6301,512.39
245,6401,512.45
245,6501,512.51
245,6601,512.57
245,6701,512.63
245,6801,512.69
245,6901,512.76
245,7001,512.82
245,7101,512.88
245,7201,512.94
245,7301,513.00
245,7401,513.06
245,7501,513.13
245,7601,513.19
245,7701,513.25
245,7801,513.31
245,7901,513.37
245,8001,513.43
245,8101,513.49
245,8201,513.56
245,8301,513.62
245,8401,513.68
245,8501,513.74
245,8601,513.80
245,8701,513.86
245,8801,513.93
245,8901,513.99
245,9001,514.05
245,9101,514.11
245,9201,514.17
245,9301,514.23
245,9401,514.29
245,9501,514.36
245,9601,514.42
245,9701,514.48
245,9801,514.54
245,9901,514.60
246,0001,514.66
246,0101,514.73
246,0201,514.79
246,0301,514.85
246,0401,514.91
246,0501,514.97
246,0601,515.03
246,0701,515.10
246,0801,515.16
246,0901,515.22
246,1001,515.28
246,1101,515.34
246,1201,515.40
246,1301,515.46
246,1401,515.53
246,1501,515.59
246,1601,515.65
246,1701,515.71
246,1801,515.77
246,1901,515.83
246,2001,515.90
246,2101,515.96
246,2201,516.02
246,2301,516.08
246,2401,516.14
Amount Payment
246,2501,516.20
246,2601,516.27
246,2701,516.33
246,2801,516.39
246,2901,516.45
246,3001,516.51
246,3101,516.57
246,3201,516.63
246,3301,516.70
246,3401,516.76
246,3501,516.82
246,3601,516.88
246,3701,516.94
246,3801,517.00
246,3901,517.07
246,4001,517.13
246,4101,517.19
246,4201,517.25
246,4301,517.31
246,4401,517.37
246,4501,517.44
246,4601,517.50
246,4701,517.56
246,4801,517.62
246,4901,517.68
246,5001,517.74
246,5101,517.80
246,5201,517.87
246,5301,517.93
246,5401,517.99
246,5501,518.05
246,5601,518.11
246,5701,518.17
246,5801,518.24
246,5901,518.30
246,6001,518.36
246,6101,518.42
246,6201,518.48
246,6301,518.54
246,6401,518.60
246,6501,518.67
246,6601,518.73
246,6701,518.79
246,6801,518.85
246,6901,518.91
246,7001,518.97
246,7101,519.04
246,7201,519.10
246,7301,519.16
246,7401,519.22
246,7501,519.28
246,7601,519.34
246,7701,519.41
246,7801,519.47
246,7901,519.53
246,8001,519.59
246,8101,519.65
246,8201,519.71
246,8301,519.77
246,8401,519.84
246,8501,519.90
246,8601,519.96
246,8701,520.02
246,8801,520.08
246,8901,520.14
246,9001,520.21
246,9101,520.27
246,9201,520.33
246,9301,520.39
246,9401,520.45
246,9501,520.51
246,9601,520.58
246,9701,520.64
246,9801,520.70
246,9901,520.76
247,0001,520.82
247,0101,520.88
247,0201,520.94
247,0301,521.01
247,0401,521.07
247,0501,521.13
247,0601,521.19
247,0701,521.25
247,0801,521.31
247,0901,521.38
247,1001,521.44
247,1101,521.50
247,1201,521.56
247,1301,521.62
247,1401,521.68
247,1501,521.75
247,1601,521.81
247,1701,521.87
247,1801,521.93
247,1901,521.99
247,2001,522.05
247,2101,522.11
247,2201,522.18
247,2301,522.24
247,2401,522.30
247,2501,522.36
247,2601,522.42
247,2701,522.48
247,2801,522.55
247,2901,522.61
247,3001,522.67
247,3101,522.73
247,3201,522.79
247,3301,522.85
247,3401,522.91
247,3501,522.98
247,3601,523.04
247,3701,523.10
247,3801,523.16
247,3901,523.22
247,4001,523.28
247,4101,523.35
247,4201,523.41
247,4301,523.47
247,4401,523.53
247,4501,523.59
247,4601,523.65
247,4701,523.72
247,4801,523.78
247,4901,523.84
Amount Payment
247,5001,523.90
247,5101,523.96
247,5201,524.02
247,5301,524.08
247,5401,524.15
247,5501,524.21
247,5601,524.27
247,5701,524.33
247,5801,524.39
247,5901,524.45
247,6001,524.52
247,6101,524.58
247,6201,524.64
247,6301,524.70
247,6401,524.76
247,6501,524.82
247,6601,524.89
247,6701,524.95
247,6801,525.01
247,6901,525.07
247,7001,525.13
247,7101,525.19
247,7201,525.25
247,7301,525.32
247,7401,525.38
247,7501,525.44
247,7601,525.50
247,7701,525.56
247,7801,525.62
247,7901,525.69
247,8001,525.75
247,8101,525.81
247,8201,525.87
247,8301,525.93
247,8401,525.99
247,8501,526.06
247,8601,526.12
247,8701,526.18
247,8801,526.24
247,8901,526.30
247,9001,526.36
247,9101,526.42
247,9201,526.49
247,9301,526.55
247,9401,526.61
247,9501,526.67
247,9601,526.73
247,9701,526.79
247,9801,526.86
247,9901,526.92
248,0001,526.98
248,0101,527.04
248,0201,527.10
248,0301,527.16
248,0401,527.22
248,0501,527.29
248,0601,527.35
248,0701,527.41
248,0801,527.47
248,0901,527.53
248,1001,527.59
248,1101,527.66
248,1201,527.72
248,1301,527.78
248,1401,527.84
248,1501,527.90
248,1601,527.96
248,1701,528.03
248,1801,528.09
248,1901,528.15
248,2001,528.21
248,2101,528.27
248,2201,528.33
248,2301,528.39
248,2401,528.46
248,2501,528.52
248,2601,528.58
248,2701,528.64
248,2801,528.70
248,2901,528.76
248,3001,528.83
248,3101,528.89
248,3201,528.95
248,3301,529.01
248,3401,529.07
248,3501,529.13
248,3601,529.20
248,3701,529.26
248,3801,529.32
248,3901,529.38
248,4001,529.44
248,4101,529.50
248,4201,529.56
248,4301,529.63
248,4401,529.69
248,4501,529.75
248,4601,529.81
248,4701,529.87
248,4801,529.93
248,4901,530.00
248,5001,530.06
248,5101,530.12
248,5201,530.18
248,5301,530.24
248,5401,530.30
248,5501,530.37
248,5601,530.43
248,5701,530.49
248,5801,530.55
248,5901,530.61
248,6001,530.67
248,6101,530.73
248,6201,530.80
248,6301,530.86
248,6401,530.92
248,6501,530.98
248,6601,531.04
248,6701,531.10
248,6801,531.17
248,6901,531.23
248,7001,531.29
248,7101,531.35
248,7201,531.41
248,7301,531.47
248,7401,531.53
Amount Payment
248,7501,531.60
248,7601,531.66
248,7701,531.72
248,7801,531.78
248,7901,531.84
248,8001,531.90
248,8101,531.97
248,8201,532.03
248,8301,532.09
248,8401,532.15
248,8501,532.21
248,8601,532.27
248,8701,532.34
248,8801,532.40
248,8901,532.46
248,9001,532.52
248,9101,532.58
248,9201,532.64
248,9301,532.70
248,9401,532.77
248,9501,532.83
248,9601,532.89
248,9701,532.95
248,9801,533.01
248,9901,533.07
249,0001,533.14
249,0101,533.20
249,0201,533.26
249,0301,533.32
249,0401,533.38
249,0501,533.44
249,0601,533.51
249,0701,533.57
249,0801,533.63
249,0901,533.69
249,1001,533.75
249,1101,533.81
249,1201,533.87
249,1301,533.94
249,1401,534.00
249,1501,534.06
249,1601,534.12
249,1701,534.18
249,1801,534.24
249,1901,534.31
249,2001,534.37
249,2101,534.43
249,2201,534.49
249,2301,534.55
249,2401,534.61
249,2501,534.68
249,2601,534.74
249,2701,534.80
249,2801,534.86
249,2901,534.92
249,3001,534.98
249,3101,535.04
249,3201,535.11
249,3301,535.17
249,3401,535.23
249,3501,535.29
249,3601,535.35
249,3701,535.41
249,3801,535.48
249,3901,535.54
249,4001,535.60
249,4101,535.66
249,4201,535.72
249,4301,535.78
249,4401,535.84
249,4501,535.91
249,4601,535.97
249,4701,536.03
249,4801,536.09
249,4901,536.15
249,5001,536.21
249,5101,536.28
249,5201,536.34
249,5301,536.40
249,5401,536.46
249,5501,536.52
249,5601,536.58
249,5701,536.65
249,5801,536.71
249,5901,536.77
249,6001,536.83
249,6101,536.89
249,6201,536.95
249,6301,537.01
249,6401,537.08
249,6501,537.14
249,6601,537.20
249,6701,537.26
249,6801,537.32
249,6901,537.38
249,7001,537.45
249,7101,537.51
249,7201,537.57
249,7301,537.63
249,7401,537.69
249,7501,537.75
249,7601,537.82
249,7701,537.88
249,7801,537.94
249,7901,538.00
249,8001,538.06
249,8101,538.12
249,8201,538.18
249,8301,538.25
249,8401,538.31
249,8501,538.37
249,8601,538.43
249,8701,538.49
249,8801,538.55
249,8901,538.62
249,9001,538.68
249,9101,538.74
249,9201,538.80
249,9301,538.86
249,9401,538.92
249,9501,538.99
249,9601,539.05
249,9701,539.11
249,9801,539.17
249,9901,539.23
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.