Mortgage Payment for a $388,500 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 $388,500 mortgage with a 5% interest rate?
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Total Interest Paid
Total Paid

30 Year - $388,500 Mortgage

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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.

More Amounts

389,000389,500390,000390,500391,000391,500392,000392,500393,000393,500

Interest Rate Price
0.01%$1,080.79
0.02%$1,082.42
0.03%$1,084.04
0.04%$1,085.67
0.05%$1,087.30
0.06%$1,088.94
0.07%$1,090.57
0.08%$1,092.20
0.09%$1,093.84
0.10%$1,095.48
0.11%$1,097.12
0.12%$1,098.76
0.13%$1,100.41
0.14%$1,102.05
0.15%$1,103.70
0.16%$1,105.35
0.17%$1,107.00
0.18%$1,108.65
0.19%$1,110.30
0.20%$1,111.96
0.21%$1,113.61
0.22%$1,115.27
0.23%$1,116.93
0.24%$1,118.59
0.25%$1,120.25
0.26%$1,121.92
0.27%$1,123.58
0.28%$1,125.25
0.29%$1,126.92
0.30%$1,128.59
0.31%$1,130.26
0.32%$1,131.94
0.33%$1,133.61
0.34%$1,135.29
0.35%$1,136.97
0.36%$1,138.65
0.37%$1,140.33
0.38%$1,142.02
0.39%$1,143.70
0.40%$1,145.39
0.41%$1,147.08
0.42%$1,148.77
0.43%$1,150.46
0.44%$1,152.16
0.45%$1,153.85
0.46%$1,155.55
0.47%$1,157.25
0.48%$1,158.95
0.49%$1,160.65
0.50%$1,162.35
0.51%$1,164.06
0.52%$1,165.76
0.53%$1,167.47
0.54%$1,169.18
0.55%$1,170.89
0.56%$1,172.60
0.57%$1,174.32
0.58%$1,176.04
0.59%$1,177.75
0.60%$1,179.47
0.61%$1,181.19
0.62%$1,182.92
0.63%$1,184.64
0.64%$1,186.37
0.65%$1,188.09
0.66%$1,189.82
0.67%$1,191.55
0.68%$1,193.29
0.69%$1,195.02
0.70%$1,196.76
0.71%$1,198.49
0.72%$1,200.23
0.73%$1,201.97
0.74%$1,203.71
0.75%$1,205.46
0.76%$1,207.20
0.77%$1,208.95
0.78%$1,210.70
0.79%$1,212.45
0.80%$1,214.20
0.81%$1,215.95
0.82%$1,217.71
0.83%$1,219.46
0.84%$1,221.22
0.85%$1,222.98
0.86%$1,224.74
0.87%$1,226.51
0.88%$1,228.27
0.89%$1,230.04
0.90%$1,231.80
0.91%$1,233.57
0.92%$1,235.34
0.93%$1,237.12
0.94%$1,238.89
0.95%$1,240.67
0.96%$1,242.44
0.97%$1,244.22
0.98%$1,246.00
0.99%$1,247.79
1.00%$1,249.57
Interest Rate Price
1.01%$1,251.35
1.02%$1,253.14
1.03%$1,254.93
1.04%$1,256.72
1.05%$1,258.51
1.06%$1,260.31
1.07%$1,262.10
1.08%$1,263.90
1.09%$1,265.70
1.10%$1,267.49
1.11%$1,269.30
1.12%$1,271.10
1.13%$1,272.90
1.14%$1,274.71
1.15%$1,276.52
1.16%$1,278.33
1.17%$1,280.14
1.18%$1,281.95
1.19%$1,283.76
1.20%$1,285.58
1.21%$1,287.40
1.22%$1,289.22
1.23%$1,291.04
1.24%$1,292.86
1.25%$1,294.68
1.26%$1,296.51
1.27%$1,298.33
1.28%$1,300.16
1.29%$1,301.99
1.30%$1,303.83
1.31%$1,305.66
1.32%$1,307.49
1.33%$1,309.33
1.34%$1,311.17
1.35%$1,313.01
1.36%$1,314.85
1.37%$1,316.69
1.38%$1,318.54
1.39%$1,320.38
1.40%$1,322.23
1.41%$1,324.08
1.42%$1,325.93
1.43%$1,327.78
1.44%$1,329.64
1.45%$1,331.49
1.46%$1,333.35
1.47%$1,335.21
1.48%$1,337.07
1.49%$1,338.93
1.50%$1,340.79
1.51%$1,342.66
1.52%$1,344.52
1.53%$1,346.39
1.54%$1,348.26
1.55%$1,350.13
1.56%$1,352.01
1.57%$1,353.88
1.58%$1,355.76
1.59%$1,357.63
1.60%$1,359.51
1.61%$1,361.39
1.62%$1,363.28
1.63%$1,365.16
1.64%$1,367.05
1.65%$1,368.93
1.66%$1,370.82
1.67%$1,372.71
1.68%$1,374.60
1.69%$1,376.50
1.70%$1,378.39
1.71%$1,380.29
1.72%$1,382.19
1.73%$1,384.09
1.74%$1,385.99
1.75%$1,387.89
1.76%$1,389.80
1.77%$1,391.70
1.78%$1,393.61
1.79%$1,395.52
1.80%$1,397.43
1.81%$1,399.34
1.82%$1,401.25
1.83%$1,403.17
1.84%$1,405.09
1.85%$1,407.01
1.86%$1,408.93
1.87%$1,410.85
1.88%$1,412.77
1.89%$1,414.70
1.90%$1,416.62
1.91%$1,418.55
1.92%$1,420.48
1.93%$1,422.41
1.94%$1,424.34
1.95%$1,426.28
1.96%$1,428.21
1.97%$1,430.15
1.98%$1,432.09
1.99%$1,434.03
2.00%$1,435.97
Interest Rate Price
2.01%$1,437.92
2.02%$1,439.86
2.03%$1,441.81
2.04%$1,443.76
2.05%$1,445.70
2.06%$1,447.66
2.07%$1,449.61
2.08%$1,451.56
2.09%$1,453.52
2.10%$1,455.48
2.11%$1,457.44
2.12%$1,459.40
2.13%$1,461.36
2.14%$1,463.32
2.15%$1,465.29
2.16%$1,467.25
2.17%$1,469.22
2.18%$1,471.19
2.19%$1,473.16
2.20%$1,475.14
2.21%$1,477.11
2.22%$1,479.09
2.23%$1,481.07
2.24%$1,483.05
2.25%$1,485.03
2.26%$1,487.01
2.27%$1,488.99
2.28%$1,490.98
2.29%$1,492.96
2.30%$1,494.95
2.31%$1,496.94
2.32%$1,498.93
2.33%$1,500.93
2.34%$1,502.92
2.35%$1,504.92
2.36%$1,506.92
2.37%$1,508.92
2.38%$1,510.92
2.39%$1,512.92
2.40%$1,514.92
2.41%$1,516.93
2.42%$1,518.93
2.43%$1,520.94
2.44%$1,522.95
2.45%$1,524.96
2.46%$1,526.98
2.47%$1,528.99
2.48%$1,531.01
2.49%$1,533.03
2.50%$1,535.04
2.51%$1,537.07
2.52%$1,539.09
2.53%$1,541.11
2.54%$1,543.14
2.55%$1,545.16
2.56%$1,547.19
2.57%$1,549.22
2.58%$1,551.25
2.59%$1,553.29
2.60%$1,555.32
2.61%$1,557.36
2.62%$1,559.39
2.63%$1,561.43
2.64%$1,563.47
2.65%$1,565.51
2.66%$1,567.56
2.67%$1,569.60
2.68%$1,571.65
2.69%$1,573.70
2.70%$1,575.75
2.71%$1,577.80
2.72%$1,579.85
2.73%$1,581.90
2.74%$1,583.96
2.75%$1,586.02
2.76%$1,588.08
2.77%$1,590.14
2.78%$1,592.20
2.79%$1,594.26
2.80%$1,596.32
2.81%$1,598.39
2.82%$1,600.46
2.83%$1,602.53
2.84%$1,604.60
2.85%$1,606.67
2.86%$1,608.74
2.87%$1,610.82
2.88%$1,612.90
2.89%$1,614.97
2.90%$1,617.05
2.91%$1,619.13
2.92%$1,621.22
2.93%$1,623.30
2.94%$1,625.39
2.95%$1,627.47
2.96%$1,629.56
2.97%$1,631.65
2.98%$1,633.74
2.99%$1,635.84
3.00%$1,637.93
Interest Rate Price
3.01%$1,640.03
3.02%$1,642.13
3.03%$1,644.22
3.04%$1,646.32
3.05%$1,648.43
3.06%$1,650.53
3.07%$1,652.64
3.08%$1,654.74
3.09%$1,656.85
3.10%$1,658.96
3.11%$1,661.07
3.12%$1,663.18
3.13%$1,665.30
3.14%$1,667.41
3.15%$1,669.53
3.16%$1,671.65
3.17%$1,673.77
3.18%$1,675.89
3.19%$1,678.01
3.20%$1,680.13
3.21%$1,682.26
3.22%$1,684.39
3.23%$1,686.52
3.24%$1,688.65
3.25%$1,690.78
3.26%$1,692.91
3.27%$1,695.04
3.28%$1,697.18
3.29%$1,699.32
3.30%$1,701.46
3.31%$1,703.60
3.32%$1,705.74
3.33%$1,707.88
3.34%$1,710.03
3.35%$1,712.17
3.36%$1,714.32
3.37%$1,716.47
3.38%$1,718.62
3.39%$1,720.77
3.40%$1,722.92
3.41%$1,725.08
3.42%$1,727.24
3.43%$1,729.39
3.44%$1,731.55
3.45%$1,733.71
3.46%$1,735.88
3.47%$1,738.04
3.48%$1,740.20
3.49%$1,742.37
3.50%$1,744.54
3.51%$1,746.71
3.52%$1,748.88
3.53%$1,751.05
3.54%$1,753.22
3.55%$1,755.40
3.56%$1,757.58
3.57%$1,759.75
3.58%$1,761.93
3.59%$1,764.11
3.60%$1,766.30
3.61%$1,768.48
3.62%$1,770.67
3.63%$1,772.85
3.64%$1,775.04
3.65%$1,777.23
3.66%$1,779.42
3.67%$1,781.61
3.68%$1,783.81
3.69%$1,786.00
3.70%$1,788.20
3.71%$1,790.40
3.72%$1,792.60
3.73%$1,794.80
3.74%$1,797.00
3.75%$1,799.20
3.76%$1,801.41
3.77%$1,803.62
3.78%$1,805.82
3.79%$1,808.03
3.80%$1,810.24
3.81%$1,812.46
3.82%$1,814.67
3.83%$1,816.89
3.84%$1,819.10
3.85%$1,821.32
3.86%$1,823.54
3.87%$1,825.76
3.88%$1,827.98
3.89%$1,830.21
3.90%$1,832.43
3.91%$1,834.66
3.92%$1,836.89
3.93%$1,839.11
3.94%$1,841.35
3.95%$1,843.58
3.96%$1,845.81
3.97%$1,848.05
3.98%$1,850.28
3.99%$1,852.52
4.00%$1,854.76
Interest Rate Price
4.01%$1,857.00
4.02%$1,859.24
4.03%$1,861.48
4.04%$1,863.73
4.05%$1,865.97
4.06%$1,868.22
4.07%$1,870.47
4.08%$1,872.72
4.09%$1,874.97
4.10%$1,877.23
4.11%$1,879.48
4.12%$1,881.74
4.13%$1,883.99
4.14%$1,886.25
4.15%$1,888.51
4.16%$1,890.77
4.17%$1,893.04
4.18%$1,895.30
4.19%$1,897.56
4.20%$1,899.83
4.21%$1,902.10
4.22%$1,904.37
4.23%$1,906.64
4.24%$1,908.91
4.25%$1,911.19
4.26%$1,913.46
4.27%$1,915.74
4.28%$1,918.02
4.29%$1,920.29
4.30%$1,922.58
4.31%$1,924.86
4.32%$1,927.14
4.33%$1,929.43
4.34%$1,931.71
4.35%$1,934.00
4.36%$1,936.29
4.37%$1,938.58
4.38%$1,940.87
4.39%$1,943.16
4.40%$1,945.46
4.41%$1,947.75
4.42%$1,950.05
4.43%$1,952.35
4.44%$1,954.65
4.45%$1,956.95
4.46%$1,959.25
4.47%$1,961.55
4.48%$1,963.86
4.49%$1,966.16
4.50%$1,968.47
4.51%$1,970.78
4.52%$1,973.09
4.53%$1,975.40
4.54%$1,977.72
4.55%$1,980.03
4.56%$1,982.35
4.57%$1,984.66
4.58%$1,986.98
4.59%$1,989.30
4.60%$1,991.62
4.61%$1,993.95
4.62%$1,996.27
4.63%$1,998.59
4.64%$2,000.92
4.65%$2,003.25
4.66%$2,005.58
4.67%$2,007.91
4.68%$2,010.24
4.69%$2,012.57
4.70%$2,014.91
4.71%$2,017.24
4.72%$2,019.58
4.73%$2,021.92
4.74%$2,024.26
4.75%$2,026.60
4.76%$2,028.94
4.77%$2,031.29
4.78%$2,033.63
4.79%$2,035.98
4.80%$2,038.32
4.81%$2,040.67
4.82%$2,043.02
4.83%$2,045.38
4.84%$2,047.73
4.85%$2,050.08
4.86%$2,052.44
4.87%$2,054.80
4.88%$2,057.15
4.89%$2,059.51
4.90%$2,061.87
4.91%$2,064.24
4.92%$2,066.60
4.93%$2,068.96
4.94%$2,071.33
4.95%$2,073.70
4.96%$2,076.06
4.97%$2,078.43
4.98%$2,080.81
4.99%$2,083.18
5.00%$2,085.55
Interest Rate Price
5.01%$2,087.93
5.02%$2,090.30
5.03%$2,092.68
5.04%$2,095.06
5.05%$2,097.44
5.06%$2,099.82
5.07%$2,102.20
5.08%$2,104.59
5.09%$2,106.97
5.10%$2,109.36
5.11%$2,111.75
5.12%$2,114.14
5.13%$2,116.53
5.14%$2,118.92
5.15%$2,121.31
5.16%$2,123.71
5.17%$2,126.10
5.18%$2,128.50
5.19%$2,130.90
5.20%$2,133.30
5.21%$2,135.70
5.22%$2,138.10
5.23%$2,140.50
5.24%$2,142.91
5.25%$2,145.31
5.26%$2,147.72
5.27%$2,150.13
5.28%$2,152.54
5.29%$2,154.95
5.30%$2,157.36
5.31%$2,159.77
5.32%$2,162.19
5.33%$2,164.60
5.34%$2,167.02
5.35%$2,169.44
5.36%$2,171.86
5.37%$2,174.28
5.38%$2,176.70
5.39%$2,179.12
5.40%$2,181.55
5.41%$2,183.97
5.42%$2,186.40
5.43%$2,188.83
5.44%$2,191.26
5.45%$2,193.69
5.46%$2,196.12
5.47%$2,198.55
5.48%$2,200.99
5.49%$2,203.42
5.50%$2,205.86
5.51%$2,208.30
5.52%$2,210.74
5.53%$2,213.18
5.54%$2,215.62
5.55%$2,218.06
5.56%$2,220.51
5.57%$2,222.95
5.58%$2,225.40
5.59%$2,227.85
5.60%$2,230.30
5.61%$2,232.75
5.62%$2,235.20
5.63%$2,237.65
5.64%$2,240.11
5.65%$2,242.56
5.66%$2,245.02
5.67%$2,247.48
5.68%$2,249.93
5.69%$2,252.39
5.70%$2,254.86
5.71%$2,257.32
5.72%$2,259.78
5.73%$2,262.25
5.74%$2,264.71
5.75%$2,267.18
5.76%$2,269.65
5.77%$2,272.12
5.78%$2,274.59
5.79%$2,277.06
5.80%$2,279.54
5.81%$2,282.01
5.82%$2,284.49
5.83%$2,286.96
5.84%$2,289.44
5.85%$2,291.92
5.86%$2,294.40
5.87%$2,296.88
5.88%$2,299.37
5.89%$2,301.85
5.90%$2,304.34
5.91%$2,306.82
5.92%$2,309.31
5.93%$2,311.80
5.94%$2,314.29
5.95%$2,316.78
5.96%$2,319.27
5.97%$2,321.77
5.98%$2,324.26
5.99%$2,326.76
6.00%$2,329.25