Mortgage Payment for a $245,000 Loan at 7% Interest

What's the monthly payment? Use the calculator and browse the rate chart. Should I refinance? How much is the monthly payment for a $245,000 mortgage with a 7% interest rate?

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Monthly Payment
Total Interest Paid
Total Paid

30 Year - $245,000 Mortgage

Browse monthly payment based on interest rate

Find the monthly payment based on the interest rate. Check with a mortgage lender for exact rates and check for any potential discounts, such as military, HARP refinance, homeowner, etc. Make sure to ask about any points or fees. Also determine the taxes on a home purchase as well as any maintenance costs and home insurance.

Some people may prefer a shorter mortgage term, such as 15 or 20 years. Adjust the calculator above to account for this. The calculator can be used for any type of loan, such as a mortgage, car loan, mobile home, motorhome, motorcycle, land, business, etc.

Interest Rate Price
0.01%$681.58
0.02%$682.60
0.03%$683.63
0.04%$684.66
0.05%$685.69
0.06%$686.72
0.07%$687.75
0.08%$688.78
0.09%$689.81
0.10%$690.84
0.11%$691.88
0.12%$692.91
0.13%$693.95
0.14%$694.99
0.15%$696.03
0.16%$697.06
0.17%$698.11
0.18%$699.15
0.19%$700.19
0.20%$701.23
0.21%$702.28
0.22%$703.32
0.23%$704.37
0.24%$705.42
0.25%$706.47
0.26%$707.52
0.27%$708.57
0.28%$709.62
0.29%$710.67
0.30%$711.72
0.31%$712.78
0.32%$713.84
0.33%$714.89
0.34%$715.95
0.35%$717.01
0.36%$718.07
0.37%$719.13
0.38%$720.19
0.39%$721.25
0.40%$722.32
0.41%$723.38
0.42%$724.45
0.43%$725.52
0.44%$726.58
0.45%$727.65
0.46%$728.72
0.47%$729.79
0.48%$730.87
0.49%$731.94
0.50%$733.01
0.51%$734.09
0.52%$735.17
0.53%$736.24
0.54%$737.32
0.55%$738.40
0.56%$739.48
0.57%$740.56
0.58%$741.64
0.59%$742.73
0.60%$743.81
0.61%$744.90
0.62%$745.98
0.63%$747.07
0.64%$748.16
0.65%$749.25
0.66%$750.34
0.67%$751.43
0.68%$752.52
0.69%$753.62
0.70%$754.71
0.71%$755.81
0.72%$756.90
0.73%$758.00
0.74%$759.10
0.75%$760.20
0.76%$761.30
0.77%$762.40
0.78%$763.50
0.79%$764.61
0.80%$765.71
0.81%$766.82
0.82%$767.92
0.83%$769.03
0.84%$770.14
0.85%$771.25
0.86%$772.36
0.87%$773.47
0.88%$774.59
0.89%$775.70
0.90%$776.81
0.91%$777.93
0.92%$779.05
0.93%$780.16
0.94%$781.28
0.95%$782.40
0.96%$783.52
0.97%$784.65
0.98%$785.77
0.99%$786.89
1.00%$788.02
Interest Rate Price
1.01%$789.14
1.02%$790.27
1.03%$791.40
1.04%$792.53
1.05%$793.66
1.06%$794.79
1.07%$795.92
1.08%$797.05
1.09%$798.19
1.10%$799.32
1.11%$800.46
1.12%$801.59
1.13%$802.73
1.14%$803.87
1.15%$805.01
1.16%$806.15
1.17%$807.29
1.18%$808.44
1.19%$809.58
1.20%$810.73
1.21%$811.87
1.22%$813.02
1.23%$814.17
1.24%$815.32
1.25%$816.47
1.26%$817.62
1.27%$818.77
1.28%$819.92
1.29%$821.08
1.30%$822.23
1.31%$823.39
1.32%$824.55
1.33%$825.70
1.34%$826.86
1.35%$828.02
1.36%$829.18
1.37%$830.35
1.38%$831.51
1.39%$832.67
1.40%$833.84
1.41%$835.00
1.42%$836.17
1.43%$837.34
1.44%$838.51
1.45%$839.68
1.46%$840.85
1.47%$842.02
1.48%$843.20
1.49%$844.37
1.50%$845.54
1.51%$846.72
1.52%$847.90
1.53%$849.08
1.54%$850.26
1.55%$851.44
1.56%$852.62
1.57%$853.80
1.58%$854.98
1.59%$856.17
1.60%$857.35
1.61%$858.54
1.62%$859.72
1.63%$860.91
1.64%$862.10
1.65%$863.29
1.66%$864.48
1.67%$865.67
1.68%$866.87
1.69%$868.06
1.70%$869.26
1.71%$870.45
1.72%$871.65
1.73%$872.85
1.74%$874.05
1.75%$875.25
1.76%$876.45
1.77%$877.65
1.78%$878.85
1.79%$880.06
1.80%$881.26
1.81%$882.47
1.82%$883.67
1.83%$884.88
1.84%$886.09
1.85%$887.30
1.86%$888.51
1.87%$889.72
1.88%$890.94
1.89%$892.15
1.90%$893.37
1.91%$894.58
1.92%$895.80
1.93%$897.02
1.94%$898.23
1.95%$899.45
1.96%$900.67
1.97%$901.90
1.98%$903.12
1.99%$904.34
2.00%$905.57
Interest Rate Price
2.01%$906.79
2.02%$908.02
2.03%$909.25
2.04%$910.48
2.05%$911.71
2.06%$912.94
2.07%$914.17
2.08%$915.40
2.09%$916.63
2.10%$917.87
2.11%$919.10
2.12%$920.34
2.13%$921.58
2.14%$922.82
2.15%$924.06
2.16%$925.30
2.17%$926.54
2.18%$927.78
2.19%$929.02
2.20%$930.27
2.21%$931.51
2.22%$932.76
2.23%$934.01
2.24%$935.25
2.25%$936.50
2.26%$937.75
2.27%$939.00
2.28%$940.26
2.29%$941.51
2.30%$942.76
2.31%$944.02
2.32%$945.27
2.33%$946.53
2.34%$947.79
2.35%$949.05
2.36%$950.31
2.37%$951.57
2.38%$952.83
2.39%$954.09
2.40%$955.36
2.41%$956.62
2.42%$957.89
2.43%$959.15
2.44%$960.42
2.45%$961.69
2.46%$962.96
2.47%$964.23
2.48%$965.50
2.49%$966.77
2.50%$968.05
2.51%$969.32
2.52%$970.60
2.53%$971.87
2.54%$973.15
2.55%$974.43
2.56%$975.71
2.57%$976.99
2.58%$978.27
2.59%$979.55
2.60%$980.83
2.61%$982.12
2.62%$983.40
2.63%$984.69
2.64%$985.97
2.65%$987.26
2.66%$988.55
2.67%$989.84
2.68%$991.13
2.69%$992.42
2.70%$993.71
2.71%$995.01
2.72%$996.30
2.73%$997.60
2.74%$998.89
2.75%$1,000.19
2.76%$1,001.49
2.77%$1,002.79
2.78%$1,004.09
2.79%$1,005.39
2.80%$1,006.69
2.81%$1,007.99
2.82%$1,009.30
2.83%$1,010.60
2.84%$1,011.91
2.85%$1,013.22
2.86%$1,014.52
2.87%$1,015.83
2.88%$1,017.14
2.89%$1,018.45
2.90%$1,019.76
2.91%$1,021.08
2.92%$1,022.39
2.93%$1,023.70
2.94%$1,025.02
2.95%$1,026.33
2.96%$1,027.65
2.97%$1,028.97
2.98%$1,030.29
2.99%$1,031.61
3.00%$1,032.93
Interest Rate Price
3.01%$1,034.25
3.02%$1,035.57
3.03%$1,036.90
3.04%$1,038.22
3.05%$1,039.55
3.06%$1,040.87
3.07%$1,042.20
3.08%$1,043.53
3.09%$1,044.86
3.10%$1,046.19
3.11%$1,047.52
3.12%$1,048.85
3.13%$1,050.19
3.14%$1,051.52
3.15%$1,052.86
3.16%$1,054.19
3.17%$1,055.53
3.18%$1,056.87
3.19%$1,058.20
3.20%$1,059.54
3.21%$1,060.88
3.22%$1,062.23
3.23%$1,063.57
3.24%$1,064.91
3.25%$1,066.26
3.26%$1,067.60
3.27%$1,068.95
3.28%$1,070.29
3.29%$1,071.64
3.30%$1,072.99
3.31%$1,074.34
3.32%$1,075.69
3.33%$1,077.04
3.34%$1,078.39
3.35%$1,079.75
3.36%$1,081.10
3.37%$1,082.46
3.38%$1,083.81
3.39%$1,085.17
3.40%$1,086.53
3.41%$1,087.89
3.42%$1,089.25
3.43%$1,090.61
3.44%$1,091.97
3.45%$1,093.33
3.46%$1,094.70
3.47%$1,096.06
3.48%$1,097.43
3.49%$1,098.79
3.50%$1,100.16
3.51%$1,101.53
3.52%$1,102.90
3.53%$1,104.27
3.54%$1,105.64
3.55%$1,107.01
3.56%$1,108.38
3.57%$1,109.76
3.58%$1,111.13
3.59%$1,112.50
3.60%$1,113.88
3.61%$1,115.26
3.62%$1,116.64
3.63%$1,118.02
3.64%$1,119.40
3.65%$1,120.78
3.66%$1,122.16
3.67%$1,123.54
3.68%$1,124.92
3.69%$1,126.31
3.70%$1,127.69
3.71%$1,129.08
3.72%$1,130.47
3.73%$1,131.85
3.74%$1,133.24
3.75%$1,134.63
3.76%$1,136.02
3.77%$1,137.42
3.78%$1,138.81
3.79%$1,140.20
3.80%$1,141.60
3.81%$1,142.99
3.82%$1,144.39
3.83%$1,145.78
3.84%$1,147.18
3.85%$1,148.58
3.86%$1,149.98
3.87%$1,151.38
3.88%$1,152.78
3.89%$1,154.18
3.90%$1,155.59
3.91%$1,156.99
3.92%$1,158.40
3.93%$1,159.80
3.94%$1,161.21
3.95%$1,162.62
3.96%$1,164.02
3.97%$1,165.43
3.98%$1,166.84
3.99%$1,168.26
4.00%$1,169.67
Interest Rate Price
4.01%$1,171.08
4.02%$1,172.49
4.03%$1,173.91
4.04%$1,175.32
4.05%$1,176.74
4.06%$1,178.16
4.07%$1,179.58
4.08%$1,181.00
4.09%$1,182.42
4.10%$1,183.84
4.11%$1,185.26
4.12%$1,186.68
4.13%$1,188.10
4.14%$1,189.53
4.15%$1,190.95
4.16%$1,192.38
4.17%$1,193.81
4.18%$1,195.23
4.19%$1,196.66
4.20%$1,198.09
4.21%$1,199.52
4.22%$1,200.95
4.23%$1,202.39
4.24%$1,203.82
4.25%$1,205.25
4.26%$1,206.69
4.27%$1,208.12
4.28%$1,209.56
4.29%$1,211.00
4.30%$1,212.44
4.31%$1,213.87
4.32%$1,215.31
4.33%$1,216.75
4.34%$1,218.20
4.35%$1,219.64
4.36%$1,221.08
4.37%$1,222.53
4.38%$1,223.97
4.39%$1,225.42
4.40%$1,226.86
4.41%$1,228.31
4.42%$1,229.76
4.43%$1,231.21
4.44%$1,232.66
4.45%$1,234.11
4.46%$1,235.56
4.47%$1,237.02
4.48%$1,238.47
4.49%$1,239.92
4.50%$1,241.38
4.51%$1,242.84
4.52%$1,244.29
4.53%$1,245.75
4.54%$1,247.21
4.55%$1,248.67
4.56%$1,250.13
4.57%$1,251.59
4.58%$1,253.05
4.59%$1,254.51
4.60%$1,255.98
4.61%$1,257.44
4.62%$1,258.91
4.63%$1,260.38
4.64%$1,261.84
4.65%$1,263.31
4.66%$1,264.78
4.67%$1,266.25
4.68%$1,267.72
4.69%$1,269.19
4.70%$1,270.66
4.71%$1,272.14
4.72%$1,273.61
4.73%$1,275.08
4.74%$1,276.56
4.75%$1,278.04
4.76%$1,279.51
4.77%$1,280.99
4.78%$1,282.47
4.79%$1,283.95
4.80%$1,285.43
4.81%$1,286.91
4.82%$1,288.39
4.83%$1,289.88
4.84%$1,291.36
4.85%$1,292.84
4.86%$1,294.33
4.87%$1,295.82
4.88%$1,297.30
4.89%$1,298.79
4.90%$1,300.28
4.91%$1,301.77
4.92%$1,303.26
4.93%$1,304.75
4.94%$1,306.24
4.95%$1,307.74
4.96%$1,309.23
4.97%$1,310.72
4.98%$1,312.22
4.99%$1,313.72
5.00%$1,315.21
Interest Rate Price
5.01%$1,316.71
5.02%$1,318.21
5.03%$1,319.71
5.04%$1,321.21
5.05%$1,322.71
5.06%$1,324.21
5.07%$1,325.71
5.08%$1,327.22
5.09%$1,328.72
5.10%$1,330.23
5.11%$1,331.73
5.12%$1,333.24
5.13%$1,334.75
5.14%$1,336.26
5.15%$1,337.76
5.16%$1,339.27
5.17%$1,340.78
5.18%$1,342.30
5.19%$1,343.81
5.20%$1,345.32
5.21%$1,346.84
5.22%$1,348.35
5.23%$1,349.87
5.24%$1,351.38
5.25%$1,352.90
5.26%$1,354.42
5.27%$1,355.94
5.28%$1,357.46
5.29%$1,358.98
5.30%$1,360.50
5.31%$1,362.02
5.32%$1,363.54
5.33%$1,365.06
5.34%$1,366.59
5.35%$1,368.11
5.36%$1,369.64
5.37%$1,371.17
5.38%$1,372.69
5.39%$1,374.22
5.40%$1,375.75
5.41%$1,377.28
5.42%$1,378.81
5.43%$1,380.34
5.44%$1,381.87
5.45%$1,383.41
5.46%$1,384.94
5.47%$1,386.48
5.48%$1,388.01
5.49%$1,389.55
5.50%$1,391.08
5.51%$1,392.62
5.52%$1,394.16
5.53%$1,395.70
5.54%$1,397.24
5.55%$1,398.78
5.56%$1,400.32
5.57%$1,401.86
5.58%$1,403.41
5.59%$1,404.95
5.60%$1,406.49
5.61%$1,408.04
5.62%$1,409.58
5.63%$1,411.13
5.64%$1,412.68
5.65%$1,414.23
5.66%$1,415.78
5.67%$1,417.33
5.68%$1,418.88
5.69%$1,420.43
5.70%$1,421.98
5.71%$1,423.53
5.72%$1,425.09
5.73%$1,426.64
5.74%$1,428.20
5.75%$1,429.75
5.76%$1,431.31
5.77%$1,432.87
5.78%$1,434.43
5.79%$1,435.99
5.80%$1,437.54
5.81%$1,439.11
5.82%$1,440.67
5.83%$1,442.23
5.84%$1,443.79
5.85%$1,445.36
5.86%$1,446.92
5.87%$1,448.48
5.88%$1,450.05
5.89%$1,451.62
5.90%$1,453.18
5.91%$1,454.75
5.92%$1,456.32
5.93%$1,457.89
5.94%$1,459.46
5.95%$1,461.03
5.96%$1,462.60
5.97%$1,464.18
5.98%$1,465.75
5.99%$1,467.32
6.00%$1,468.90