Mortgage Payment for a $248,000 Loan at 5% 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 $248,000 mortgage with a 5% interest rate?
$
%
years

Results

Monthly Payment
Total Interest Paid
Total Paid

30 Year - $248,000 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%$689.93
0.02%$690.96
0.03%$692.00
0.04%$693.04
0.05%$694.08
0.06%$695.12
0.07%$696.17
0.08%$697.21
0.09%$698.26
0.10%$699.30
0.11%$700.35
0.12%$701.40
0.13%$702.45
0.14%$703.50
0.15%$704.55
0.16%$705.60
0.17%$706.65
0.18%$707.71
0.19%$708.76
0.20%$709.82
0.21%$710.88
0.22%$711.94
0.23%$712.99
0.24%$714.06
0.25%$715.12
0.26%$716.18
0.27%$717.24
0.28%$718.31
0.29%$719.37
0.30%$720.44
0.31%$721.51
0.32%$722.58
0.33%$723.65
0.34%$724.72
0.35%$725.79
0.36%$726.86
0.37%$727.94
0.38%$729.01
0.39%$730.09
0.40%$731.16
0.41%$732.24
0.42%$733.32
0.43%$734.40
0.44%$735.48
0.45%$736.56
0.46%$737.65
0.47%$738.73
0.48%$739.82
0.49%$740.90
0.50%$741.99
0.51%$743.08
0.52%$744.17
0.53%$745.26
0.54%$746.35
0.55%$747.44
0.56%$748.54
0.57%$749.63
0.58%$750.73
0.59%$751.82
0.60%$752.92
0.61%$754.02
0.62%$755.12
0.63%$756.22
0.64%$757.32
0.65%$758.42
0.66%$759.53
0.67%$760.63
0.68%$761.74
0.69%$762.84
0.70%$763.95
0.71%$765.06
0.72%$766.17
0.73%$767.28
0.74%$768.39
0.75%$769.51
0.76%$770.62
0.77%$771.74
0.78%$772.85
0.79%$773.97
0.80%$775.09
0.81%$776.21
0.82%$777.33
0.83%$778.45
0.84%$779.57
0.85%$780.69
0.86%$781.82
0.87%$782.94
0.88%$784.07
0.89%$785.20
0.90%$786.33
0.91%$787.45
0.92%$788.59
0.93%$789.72
0.94%$790.85
0.95%$791.98
0.96%$793.12
0.97%$794.25
0.98%$795.39
0.99%$796.53
1.00%$797.67
Interest Rate Price
1.01%$798.81
1.02%$799.95
1.03%$801.09
1.04%$802.23
1.05%$803.37
1.06%$804.52
1.07%$805.67
1.08%$806.81
1.09%$807.96
1.10%$809.11
1.11%$810.26
1.12%$811.41
1.13%$812.56
1.14%$813.71
1.15%$814.87
1.16%$816.02
1.17%$817.18
1.18%$818.34
1.19%$819.49
1.20%$820.65
1.21%$821.81
1.22%$822.97
1.23%$824.14
1.24%$825.30
1.25%$826.46
1.26%$827.63
1.27%$828.80
1.28%$829.96
1.29%$831.13
1.30%$832.30
1.31%$833.47
1.32%$834.64
1.33%$835.81
1.34%$836.99
1.35%$838.16
1.36%$839.34
1.37%$840.51
1.38%$841.69
1.39%$842.87
1.40%$844.05
1.41%$845.23
1.42%$846.41
1.43%$847.59
1.44%$848.78
1.45%$849.96
1.46%$851.15
1.47%$852.33
1.48%$853.52
1.49%$854.71
1.50%$855.90
1.51%$857.09
1.52%$858.28
1.53%$859.47
1.54%$860.67
1.55%$861.86
1.56%$863.06
1.57%$864.25
1.58%$865.45
1.59%$866.65
1.60%$867.85
1.61%$869.05
1.62%$870.25
1.63%$871.45
1.64%$872.66
1.65%$873.86
1.66%$875.07
1.67%$876.27
1.68%$877.48
1.69%$878.69
1.70%$879.90
1.71%$881.11
1.72%$882.32
1.73%$883.54
1.74%$884.75
1.75%$885.96
1.76%$887.18
1.77%$888.40
1.78%$889.61
1.79%$890.83
1.80%$892.05
1.81%$893.27
1.82%$894.49
1.83%$895.72
1.84%$896.94
1.85%$898.17
1.86%$899.39
1.87%$900.62
1.88%$901.85
1.89%$903.07
1.90%$904.30
1.91%$905.54
1.92%$906.77
1.93%$908.00
1.94%$909.23
1.95%$910.47
1.96%$911.70
1.97%$912.94
1.98%$914.18
1.99%$915.42
2.00%$916.66
Interest Rate Price
2.01%$917.90
2.02%$919.14
2.03%$920.38
2.04%$921.62
2.05%$922.87
2.06%$924.12
2.07%$925.36
2.08%$926.61
2.09%$927.86
2.10%$929.11
2.11%$930.36
2.12%$931.61
2.13%$932.86
2.14%$934.12
2.15%$935.37
2.16%$936.63
2.17%$937.88
2.18%$939.14
2.19%$940.40
2.20%$941.66
2.21%$942.92
2.22%$944.18
2.23%$945.44
2.24%$946.71
2.25%$947.97
2.26%$949.24
2.27%$950.50
2.28%$951.77
2.29%$953.04
2.30%$954.31
2.31%$955.58
2.32%$956.85
2.33%$958.12
2.34%$959.39
2.35%$960.67
2.36%$961.94
2.37%$963.22
2.38%$964.50
2.39%$965.78
2.40%$967.05
2.41%$968.33
2.42%$969.62
2.43%$970.90
2.44%$972.18
2.45%$973.47
2.46%$974.75
2.47%$976.04
2.48%$977.32
2.49%$978.61
2.50%$979.90
2.51%$981.19
2.52%$982.48
2.53%$983.77
2.54%$985.07
2.55%$986.36
2.56%$987.65
2.57%$988.95
2.58%$990.25
2.59%$991.54
2.60%$992.84
2.61%$994.14
2.62%$995.44
2.63%$996.74
2.64%$998.05
2.65%$999.35
2.66%$1,000.65
2.67%$1,001.96
2.68%$1,003.27
2.69%$1,004.57
2.70%$1,005.88
2.71%$1,007.19
2.72%$1,008.50
2.73%$1,009.81
2.74%$1,011.12
2.75%$1,012.44
2.76%$1,013.75
2.77%$1,015.07
2.78%$1,016.38
2.79%$1,017.70
2.80%$1,019.02
2.81%$1,020.34
2.82%$1,021.66
2.83%$1,022.98
2.84%$1,024.30
2.85%$1,025.62
2.86%$1,026.95
2.87%$1,028.27
2.88%$1,029.60
2.89%$1,030.92
2.90%$1,032.25
2.91%$1,033.58
2.92%$1,034.91
2.93%$1,036.24
2.94%$1,037.57
2.95%$1,038.90
2.96%$1,040.24
2.97%$1,041.57
2.98%$1,042.90
2.99%$1,044.24
3.00%$1,045.58
Interest Rate Price
3.01%$1,046.92
3.02%$1,048.25
3.03%$1,049.59
3.04%$1,050.94
3.05%$1,052.28
3.06%$1,053.62
3.07%$1,054.96
3.08%$1,056.31
3.09%$1,057.65
3.10%$1,059.00
3.11%$1,060.35
3.12%$1,061.70
3.13%$1,063.05
3.14%$1,064.40
3.15%$1,065.75
3.16%$1,067.10
3.17%$1,068.45
3.18%$1,069.81
3.19%$1,071.16
3.20%$1,072.52
3.21%$1,073.87
3.22%$1,075.23
3.23%$1,076.59
3.24%$1,077.95
3.25%$1,079.31
3.26%$1,080.67
3.27%$1,082.04
3.28%$1,083.40
3.29%$1,084.76
3.30%$1,086.13
3.31%$1,087.50
3.32%$1,088.86
3.33%$1,090.23
3.34%$1,091.60
3.35%$1,092.97
3.36%$1,094.34
3.37%$1,095.71
3.38%$1,097.09
3.39%$1,098.46
3.40%$1,099.83
3.41%$1,101.21
3.42%$1,102.59
3.43%$1,103.96
3.44%$1,105.34
3.45%$1,106.72
3.46%$1,108.10
3.47%$1,109.48
3.48%$1,110.86
3.49%$1,112.25
3.50%$1,113.63
3.51%$1,115.02
3.52%$1,116.40
3.53%$1,117.79
3.54%$1,119.18
3.55%$1,120.56
3.56%$1,121.95
3.57%$1,123.34
3.58%$1,124.74
3.59%$1,126.13
3.60%$1,127.52
3.61%$1,128.91
3.62%$1,130.31
3.63%$1,131.71
3.64%$1,133.10
3.65%$1,134.50
3.66%$1,135.90
3.67%$1,137.30
3.68%$1,138.70
3.69%$1,140.10
3.70%$1,141.50
3.71%$1,142.90
3.72%$1,144.31
3.73%$1,145.71
3.74%$1,147.12
3.75%$1,148.53
3.76%$1,149.93
3.77%$1,151.34
3.78%$1,152.75
3.79%$1,154.16
3.80%$1,155.57
3.81%$1,156.99
3.82%$1,158.40
3.83%$1,159.81
3.84%$1,161.23
3.85%$1,162.64
3.86%$1,164.06
3.87%$1,165.48
3.88%$1,166.90
3.89%$1,168.32
3.90%$1,169.74
3.91%$1,171.16
3.92%$1,172.58
3.93%$1,174.00
3.94%$1,175.43
3.95%$1,176.85
3.96%$1,178.28
3.97%$1,179.70
3.98%$1,181.13
3.99%$1,182.56
4.00%$1,183.99
Interest Rate Price
4.01%$1,185.42
4.02%$1,186.85
4.03%$1,188.28
4.04%$1,189.72
4.05%$1,191.15
4.06%$1,192.58
4.07%$1,194.02
4.08%$1,195.46
4.09%$1,196.89
4.10%$1,198.33
4.11%$1,199.77
4.12%$1,201.21
4.13%$1,202.65
4.14%$1,204.09
4.15%$1,205.54
4.16%$1,206.98
4.17%$1,208.42
4.18%$1,209.87
4.19%$1,211.32
4.20%$1,212.76
4.21%$1,214.21
4.22%$1,215.66
4.23%$1,217.11
4.24%$1,218.56
4.25%$1,220.01
4.26%$1,221.46
4.27%$1,222.92
4.28%$1,224.37
4.29%$1,225.83
4.30%$1,227.28
4.31%$1,228.74
4.32%$1,230.20
4.33%$1,231.65
4.34%$1,233.11
4.35%$1,234.57
4.36%$1,236.03
4.37%$1,237.50
4.38%$1,238.96
4.39%$1,240.42
4.40%$1,241.89
4.41%$1,243.35
4.42%$1,244.82
4.43%$1,246.29
4.44%$1,247.75
4.45%$1,249.22
4.46%$1,250.69
4.47%$1,252.16
4.48%$1,253.63
4.49%$1,255.11
4.50%$1,256.58
4.51%$1,258.05
4.52%$1,259.53
4.53%$1,261.00
4.54%$1,262.48
4.55%$1,263.96
4.56%$1,265.44
4.57%$1,266.92
4.58%$1,268.40
4.59%$1,269.88
4.60%$1,271.36
4.61%$1,272.84
4.62%$1,274.32
4.63%$1,275.81
4.64%$1,277.29
4.65%$1,278.78
4.66%$1,280.27
4.67%$1,281.75
4.68%$1,283.24
4.69%$1,284.73
4.70%$1,286.22
4.71%$1,287.71
4.72%$1,289.20
4.73%$1,290.70
4.74%$1,292.19
4.75%$1,293.69
4.76%$1,295.18
4.77%$1,296.68
4.78%$1,298.17
4.79%$1,299.67
4.80%$1,301.17
4.81%$1,302.67
4.82%$1,304.17
4.83%$1,305.67
4.84%$1,307.17
4.85%$1,308.68
4.86%$1,310.18
4.87%$1,311.68
4.88%$1,313.19
4.89%$1,314.70
4.90%$1,316.20
4.91%$1,317.71
4.92%$1,319.22
4.93%$1,320.73
4.94%$1,322.24
4.95%$1,323.75
4.96%$1,325.26
4.97%$1,326.77
4.98%$1,328.29
4.99%$1,329.80
5.00%$1,331.32
Interest Rate Price
5.01%$1,332.83
5.02%$1,334.35
5.03%$1,335.87
5.04%$1,337.39
5.05%$1,338.91
5.06%$1,340.43
5.07%$1,341.95
5.08%$1,343.47
5.09%$1,344.99
5.10%$1,346.52
5.11%$1,348.04
5.12%$1,349.56
5.13%$1,351.09
5.14%$1,352.62
5.15%$1,354.15
5.16%$1,355.67
5.17%$1,357.20
5.18%$1,358.73
5.19%$1,360.26
5.20%$1,361.79
5.21%$1,363.33
5.22%$1,364.86
5.23%$1,366.39
5.24%$1,367.93
5.25%$1,369.47
5.26%$1,371.00
5.27%$1,372.54
5.28%$1,374.08
5.29%$1,375.62
5.30%$1,377.16
5.31%$1,378.70
5.32%$1,380.24
5.33%$1,381.78
5.34%$1,383.32
5.35%$1,384.87
5.36%$1,386.41
5.37%$1,387.96
5.38%$1,389.50
5.39%$1,391.05
5.40%$1,392.60
5.41%$1,394.14
5.42%$1,395.69
5.43%$1,397.24
5.44%$1,398.80
5.45%$1,400.35
5.46%$1,401.90
5.47%$1,403.45
5.48%$1,405.01
5.49%$1,406.56
5.50%$1,408.12
5.51%$1,409.67
5.52%$1,411.23
5.53%$1,412.79
5.54%$1,414.35
5.55%$1,415.91
5.56%$1,417.47
5.57%$1,419.03
5.58%$1,420.59
5.59%$1,422.15
5.60%$1,423.72
5.61%$1,425.28
5.62%$1,426.85
5.63%$1,428.41
5.64%$1,429.98
5.65%$1,431.54
5.66%$1,433.11
5.67%$1,434.68
5.68%$1,436.25
5.69%$1,437.82
5.70%$1,439.39
5.71%$1,440.97
5.72%$1,442.54
5.73%$1,444.11
5.74%$1,445.69
5.75%$1,447.26
5.76%$1,448.84
5.77%$1,450.41
5.78%$1,451.99
5.79%$1,453.57
5.80%$1,455.15
5.81%$1,456.73
5.82%$1,458.31
5.83%$1,459.89
5.84%$1,461.47
5.85%$1,463.05
5.86%$1,464.64
5.87%$1,466.22
5.88%$1,467.81
5.89%$1,469.39
5.90%$1,470.98
5.91%$1,472.57
5.92%$1,474.15
5.93%$1,475.74
5.94%$1,477.33
5.95%$1,478.92
5.96%$1,480.51
5.97%$1,482.11
5.98%$1,483.70
5.99%$1,485.29
6.00%$1,486.89