$488,000 Mortgage

What is the monthly payment of a 488,000 dollar loan? (adjust inputs to calculate new loan)
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Loan Tables for a $488,000 Mortgage Loan
See the monthly payment for a thirty year, 488k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $488,000 home? What if I pay a bigger down payment? Make sure to think about maintenance costs, taxes, insurance, and other costs.

Use this to calculate a loan for anything, such as a vehicle, business loan, home, RV, motor home, mobile home, manufactured home, real estate, land, vacation property, education, or any type of debt.
Interest Rate 30 Year
2.01%$1,806.18
2.02%$1,808.63
2.03%$1,811.07
2.04%$1,813.52
2.05%$1,815.97
2.06%$1,818.42
2.07%$1,820.87
2.08%$1,823.33
2.09%$1,825.79
2.1%$1,828.24
2.11%$1,830.70
2.12%$1,833.17
2.13%$1,835.63
2.14%$1,838.10
2.15%$1,840.57
2.16%$1,843.04
2.17%$1,845.51
2.18%$1,847.99
2.19%$1,850.46
2.2%$1,852.94
2.21%$1,855.42
2.22%$1,857.90
2.23%$1,860.39
2.24%$1,862.87
2.25%$1,865.36
2.26%$1,867.85
2.27%$1,870.34
2.28%$1,872.84
2.29%$1,875.33
2.3%$1,877.83
2.31%$1,880.33
2.32%$1,882.83
2.33%$1,885.34
2.34%$1,887.84
2.35%$1,890.35
2.36%$1,892.86
2.37%$1,895.37
2.38%$1,897.88
2.39%$1,900.40
2.4%$1,902.91
2.41%$1,905.43
2.42%$1,907.95
2.43%$1,910.48
2.44%$1,913.00
2.45%$1,915.53
2.46%$1,918.06
2.47%$1,920.59
2.48%$1,923.12
2.49%$1,925.65
2.5%$1,928.19
2.51%$1,930.73
2.52%$1,933.27
2.53%$1,935.81
2.54%$1,938.35
2.55%$1,940.90
2.56%$1,943.45
2.57%$1,946.00
2.58%$1,948.55
2.59%$1,951.10
2.6%$1,953.66
2.61%$1,956.22
2.62%$1,958.77
2.63%$1,961.34
2.64%$1,963.90
2.65%$1,966.46
2.66%$1,969.03
2.67%$1,971.60
2.68%$1,974.17
2.69%$1,976.74
2.7%$1,979.32
2.71%$1,981.89
2.72%$1,984.47
2.73%$1,987.05
2.74%$1,989.63
2.75%$1,992.22
2.76%$1,994.80
2.77%$1,997.39
2.78%$1,999.98
2.79%$2,002.57
2.8%$2,005.16
2.81%$2,007.76
2.82%$2,010.36
2.83%$2,012.96
2.84%$2,015.56
2.85%$2,018.16
2.86%$2,020.76
2.87%$2,023.37
2.88%$2,025.98
2.89%$2,028.59
2.9%$2,031.20
2.91%$2,033.82
2.92%$2,036.43
2.93%$2,039.05
2.94%$2,041.67
2.95%$2,044.29
2.96%$2,046.92
2.97%$2,049.54
2.98%$2,052.17
2.99%$2,054.80
3%$2,057.43
3.01%$2,060.06
3.02%$2,062.70
3.03%$2,065.33
3.04%$2,067.97
3.05%$2,070.61
3.06%$2,073.25
3.07%$2,075.90
3.08%$2,078.54
3.09%$2,081.19
3.1%$2,083.84
3.11%$2,086.49
3.12%$2,089.14
3.13%$2,091.80
3.14%$2,094.46
3.15%$2,097.12
3.16%$2,099.78
3.17%$2,102.44
3.18%$2,105.10
3.19%$2,107.77
3.2%$2,110.44
3.21%$2,113.11
3.22%$2,115.78
3.23%$2,118.45
3.24%$2,121.13
3.25%$2,123.81
3.26%$2,126.49
3.27%$2,129.17
3.28%$2,131.85
3.29%$2,134.53
3.3%$2,137.22
3.31%$2,139.91
3.32%$2,142.60
3.33%$2,145.29
3.34%$2,147.99
3.35%$2,150.68
3.36%$2,153.38
3.37%$2,156.08
3.38%$2,158.78
3.39%$2,161.48
3.4%$2,164.19
3.41%$2,166.90
3.42%$2,169.60
3.43%$2,172.31
3.44%$2,175.03
3.45%$2,177.74
3.46%$2,180.46
3.47%$2,183.17
3.48%$2,185.89
3.49%$2,188.61
3.5%$2,191.34
Interest Rate 30 Year
3.51%$2,194.06
3.52%$2,196.79
3.53%$2,199.52
3.54%$2,202.25
3.55%$2,204.98
3.56%$2,207.72
3.57%$2,210.45
3.58%$2,213.19
3.59%$2,215.93
3.6%$2,218.67
3.61%$2,221.41
3.62%$2,224.16
3.63%$2,226.90
3.64%$2,229.65
3.65%$2,232.40
3.66%$2,235.15
3.67%$2,237.91
3.68%$2,240.66
3.69%$2,243.42
3.7%$2,246.18
3.71%$2,248.94
3.72%$2,251.70
3.73%$2,254.47
3.74%$2,257.24
3.75%$2,260.00
3.76%$2,262.77
3.77%$2,265.55
3.78%$2,268.32
3.79%$2,271.09
3.8%$2,273.87
3.81%$2,276.65
3.82%$2,279.43
3.83%$2,282.21
3.84%$2,285.00
3.85%$2,287.78
3.86%$2,290.57
3.87%$2,293.36
3.88%$2,296.15
3.89%$2,298.95
3.9%$2,301.74
3.91%$2,304.54
3.92%$2,307.34
3.93%$2,310.14
3.94%$2,312.94
3.95%$2,315.74
3.96%$2,318.55
3.97%$2,321.35
3.98%$2,324.16
3.99%$2,326.97
4%$2,329.79
4.01%$2,332.60
4.02%$2,335.42
4.03%$2,338.23
4.04%$2,341.05
4.05%$2,343.88
4.06%$2,346.70
4.07%$2,349.52
4.08%$2,352.35
4.09%$2,355.18
4.1%$2,358.01
4.11%$2,360.84
4.12%$2,363.67
4.13%$2,366.51
4.14%$2,369.35
4.15%$2,372.18
4.16%$2,375.02
4.17%$2,377.87
4.18%$2,380.71
4.19%$2,383.56
4.2%$2,386.40
4.21%$2,389.25
4.22%$2,392.10
4.23%$2,394.96
4.24%$2,397.81
4.25%$2,400.67
4.26%$2,403.52
4.27%$2,406.38
4.28%$2,409.25
4.29%$2,412.11
4.3%$2,414.97
4.31%$2,417.84
4.32%$2,420.71
4.33%$2,423.58
4.34%$2,426.45
4.35%$2,429.32
4.36%$2,432.20
4.37%$2,435.07
4.38%$2,437.95
4.39%$2,440.83
4.4%$2,443.71
4.41%$2,446.60
4.42%$2,449.48
4.43%$2,452.37
4.44%$2,455.26
4.45%$2,458.15
4.46%$2,461.04
4.47%$2,463.93
4.48%$2,466.83
4.49%$2,469.73
4.5%$2,472.62
4.51%$2,475.52
4.52%$2,478.43
4.53%$2,481.33
4.54%$2,484.24
4.55%$2,487.14
4.56%$2,490.05
4.57%$2,492.96
4.58%$2,495.88
4.59%$2,498.79
4.6%$2,501.70
4.61%$2,504.62
4.62%$2,507.54
4.63%$2,510.46
4.64%$2,513.38
4.65%$2,516.31
4.66%$2,519.23
4.67%$2,522.16
4.68%$2,525.09
4.69%$2,528.02
4.7%$2,530.95
4.71%$2,533.89
4.72%$2,536.82
4.73%$2,539.76
4.74%$2,542.70
4.75%$2,545.64
4.76%$2,548.58
4.77%$2,551.53
4.78%$2,554.47
4.79%$2,557.42
4.8%$2,560.37
4.81%$2,563.32
4.82%$2,566.27
4.83%$2,569.22
4.84%$2,572.18
4.85%$2,575.14
4.86%$2,578.09
4.87%$2,581.06
4.88%$2,584.02
4.89%$2,586.98
4.9%$2,589.95
4.91%$2,592.91
4.92%$2,595.88
4.93%$2,598.85
4.94%$2,601.82
4.95%$2,604.80
4.96%$2,607.77
4.97%$2,610.75
4.98%$2,613.73
4.99%$2,616.71
5%$2,619.69
Interest Rate 30 Year
5.01%$2,622.67
5.02%$2,625.66
5.03%$2,628.64
5.04%$2,631.63
5.05%$2,634.62
5.06%$2,637.61
5.07%$2,640.61
5.08%$2,643.60
5.09%$2,646.60
5.1%$2,649.59
5.11%$2,652.59
5.12%$2,655.60
5.13%$2,658.60
5.14%$2,661.60
5.15%$2,664.61
5.16%$2,667.62
5.17%$2,670.62
5.18%$2,673.64
5.19%$2,676.65
5.2%$2,679.66
5.21%$2,682.68
5.22%$2,685.69
5.23%$2,688.71
5.24%$2,691.73
5.25%$2,694.75
5.26%$2,697.78
5.27%$2,700.80
5.28%$2,703.83
5.29%$2,706.86
5.3%$2,709.89
5.31%$2,712.92
5.32%$2,715.95
5.33%$2,718.99
5.34%$2,722.02
5.35%$2,725.06
5.36%$2,728.10
5.37%$2,731.14
5.38%$2,734.18
5.39%$2,737.22
5.4%$2,740.27
5.41%$2,743.32
5.42%$2,746.37
5.43%$2,749.42
5.44%$2,752.47
5.45%$2,755.52
5.46%$2,758.58
5.47%$2,761.63
5.48%$2,764.69
5.49%$2,767.75
5.5%$2,770.81
5.51%$2,773.87
5.52%$2,776.94
5.53%$2,780.00
5.54%$2,783.07
5.55%$2,786.14
5.56%$2,789.21
5.57%$2,792.28
5.58%$2,795.35
5.59%$2,798.43
5.6%$2,801.51
5.61%$2,804.58
5.62%$2,807.66
5.63%$2,810.74
5.64%$2,813.83
5.65%$2,816.91
5.66%$2,820.00
5.67%$2,823.08
5.68%$2,826.17
5.69%$2,829.26
5.7%$2,832.35
5.71%$2,835.45
5.72%$2,838.54
5.73%$2,841.64
5.74%$2,844.74
5.75%$2,847.84
5.76%$2,850.94
5.77%$2,854.04
5.78%$2,857.14
5.79%$2,860.25
5.8%$2,863.35
5.81%$2,866.46
5.82%$2,869.57
5.83%$2,872.68
5.84%$2,875.80
5.85%$2,878.91
5.86%$2,882.03
5.87%$2,885.15
5.88%$2,888.26
5.89%$2,891.38
5.9%$2,894.51
5.91%$2,897.63
5.92%$2,900.75
5.93%$2,903.88
5.94%$2,907.01
5.95%$2,910.14
5.96%$2,913.27
5.97%$2,916.40
5.98%$2,919.53
5.99%$2,922.67
6%$2,925.81
6.01%$2,928.94
6.02%$2,932.08
6.03%$2,935.23
6.04%$2,938.37
6.05%$2,941.51
6.06%$2,944.66
6.07%$2,947.80
6.08%$2,950.95
6.09%$2,954.10
6.1%$2,957.25
6.11%$2,960.41
6.12%$2,963.56
6.13%$2,966.72
6.14%$2,969.87
6.15%$2,973.03
6.16%$2,976.19
6.17%$2,979.36
6.18%$2,982.52
6.19%$2,985.68
6.2%$2,988.85
6.21%$2,992.02
6.22%$2,995.18
6.23%$2,998.36
6.24%$3,001.53
6.25%$3,004.70
6.26%$3,007.87
6.27%$3,011.05
6.28%$3,014.23
6.29%$3,017.41
6.3%$3,020.59
6.31%$3,023.77
6.32%$3,026.95
6.33%$3,030.14
6.34%$3,033.32
6.35%$3,036.51
6.36%$3,039.70
6.37%$3,042.89
6.38%$3,046.08
6.39%$3,049.27
6.4%$3,052.47
6.41%$3,055.66
6.42%$3,058.86
6.43%$3,062.06
6.44%$3,065.26
6.45%$3,068.46
6.46%$3,071.67
6.47%$3,074.87
6.48%$3,078.08
6.49%$3,081.28
6.5%$3,084.49
Interest Rate 30 Year
6.51%$3,087.70
6.52%$3,090.91
6.53%$3,094.13
6.54%$3,097.34
6.55%$3,100.56
6.56%$3,103.77
6.57%$3,106.99
6.58%$3,110.21
6.59%$3,113.43
6.6%$3,116.66
6.61%$3,119.88
6.62%$3,123.10
6.63%$3,126.33
6.64%$3,129.56
6.65%$3,132.79
6.66%$3,136.02
6.67%$3,139.25
6.68%$3,142.49
6.69%$3,145.72
6.7%$3,148.96
6.71%$3,152.19
6.72%$3,155.43
6.73%$3,158.67
6.74%$3,161.92
6.75%$3,165.16
6.76%$3,168.40
6.77%$3,171.65
6.78%$3,174.90
6.79%$3,178.14
6.8%$3,181.39
6.81%$3,184.65
6.82%$3,187.90
6.83%$3,191.15
6.84%$3,194.41
6.85%$3,197.66
6.86%$3,200.92
6.87%$3,204.18
6.88%$3,207.44
6.89%$3,210.71
6.9%$3,213.97
6.91%$3,217.23
6.92%$3,220.50
6.93%$3,223.77
6.94%$3,227.04
6.95%$3,230.31
6.96%$3,233.58
6.97%$3,236.85
6.98%$3,240.12
6.99%$3,243.40
7%$3,246.68
7.01%$3,249.95
7.02%$3,253.23
7.03%$3,256.51
7.04%$3,259.80
7.05%$3,263.08
7.06%$3,266.36
7.07%$3,269.65
7.08%$3,272.94
7.09%$3,276.23
7.1%$3,279.52
7.11%$3,282.81
7.12%$3,286.10
7.13%$3,289.39
7.14%$3,292.69
7.15%$3,295.98
7.16%$3,299.28
7.17%$3,302.58
7.18%$3,305.88
7.19%$3,309.18
7.2%$3,312.49
7.21%$3,315.79
7.22%$3,319.10
7.23%$3,322.40
7.24%$3,325.71
7.25%$3,329.02
7.26%$3,332.33
7.27%$3,335.64
7.28%$3,338.96
7.29%$3,342.27
7.3%$3,345.59
7.31%$3,348.90
7.32%$3,352.22
7.33%$3,355.54
7.34%$3,358.86
7.35%$3,362.18
7.36%$3,365.51
7.37%$3,368.83
7.38%$3,372.16
7.39%$3,375.48
7.4%$3,378.81
7.41%$3,382.14
7.42%$3,385.47
7.43%$3,388.81
7.44%$3,392.14
7.45%$3,395.47
7.46%$3,398.81
7.47%$3,402.15
7.48%$3,405.49
7.49%$3,408.83
7.5%$3,412.17
7.51%$3,415.51
7.52%$3,418.85
7.53%$3,422.20
7.54%$3,425.54
7.55%$3,428.89
7.56%$3,432.24
7.57%$3,435.59
7.58%$3,438.94
7.59%$3,442.29
7.6%$3,445.64
7.61%$3,449.00
7.62%$3,452.36
7.63%$3,455.71
7.64%$3,459.07
7.65%$3,462.43
7.66%$3,465.79
7.67%$3,469.15
7.68%$3,472.52
7.69%$3,475.88
7.7%$3,479.25
7.71%$3,482.61
7.72%$3,485.98
7.73%$3,489.35
7.74%$3,492.72
7.75%$3,496.09
7.76%$3,499.46
7.77%$3,502.84
7.78%$3,506.21
7.79%$3,509.59
7.8%$3,512.97
7.81%$3,516.35
7.82%$3,519.73
7.83%$3,523.11
7.84%$3,526.49
7.85%$3,529.87
7.86%$3,533.26
7.87%$3,536.65
7.88%$3,540.03
7.89%$3,543.42
7.9%$3,546.81
7.91%$3,550.20
7.92%$3,553.59
7.93%$3,556.99
7.94%$3,560.38
7.95%$3,563.78
7.96%$3,567.17
7.97%$3,570.57
7.98%$3,573.97
7.99%$3,577.37
8%$3,580.77
More Amounts
488,050
488,100
488,150
488,200
488,250
488,300
488,350
488,400
488,450
488,500
488,550
488,600
488,650
488,700
488,750
488,800
488,850
488,900
488,950
489,000
What is the down payment for a $488,000 house? How much do you need to put down?
Percent Down Down Payment
1%4,880
2%9,760
3%14,640
4%19,520
5%24,400
6%29,280
7%34,160
8%39,040
9%43,920
10%48,800
11%53,680
12%58,560
13%63,440
14%68,320
15%73,200
16%78,080
17%82,960
18%87,840
19%92,720
20%97,600
Percent Down Down Payment
21%102,480
22%107,360
23%112,240
24%117,120
25%122,000
26%126,880
27%131,760
28%136,640
29%141,520
30%146,400
31%151,280
32%156,160
33%161,040
34%165,920
35%170,800
36%175,680
37%180,560
38%185,440
39%190,320
40%195,200
Percent Down Down Payment
41%200,080
42%204,960
43%209,840
44%214,720
45%219,600
46%224,480
47%229,360
48%234,240
49%239,120
50%244,000
51%248,880
52%253,760
53%258,640
54%263,520
55%268,400
56%273,280
57%278,160
58%283,040
59%287,920
60%292,800
Percent Down Down Payment
61%297,680
62%302,560
63%307,440
64%312,320
65%317,200
66%322,080
67%326,960
68%331,840
69%336,720
70%341,600
71%346,480
72%351,360
73%356,240
74%361,120
75%366,000
76%370,880
77%375,760
78%380,640
79%385,520
80%390,400
Percent Down Down Payment
81%395,280
82%400,160
83%405,040
84%409,920
85%414,800
86%419,680
87%424,560
88%429,440
89%434,320
90%439,200
91%444,080
92%448,960
93%453,840
94%458,720
95%463,600
96%468,480
97%473,360
98%478,240
99%483,120
100%488,000
Common Loan Vocabulary Terms
APR Annual Percentage Rate, the annual cost of borrowing or lending money.
PMI Private Mortgage Insurance. A downpayment less than 20% often requires that the borrower purchase PMI. This increases the overall monthly payment.
Property Taxes Taxes charged by the local government to the owner of the property. This is often charged as a percentage of the assessed value of the property.
Insurance Home insurance protects your property against damage. Flood insurance is often recommended for some areas of the country. Individuals with a high net worth might consider an umbrella policy.
HOA Homeowners' Association. Usually part of a condo development or subdivision. The HOA often sets the rules, takes care of common maintenance, and charges a fee.
Mortgage Refinance After mortgage rates have decreased, it is often possible to get a new mortgage at a lower rate. This is a loan refinance and can save lots of money.