Mortgage Payment for a $488,500 Loan at 3% 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 $488,500 mortgage with a 3% interest rate?
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Monthly Payment
Total Interest Paid
Total Paid

30 Year - $488,500 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.

Interest Rate Price
0.01%$1,358.99
0.02%$1,361.03
0.03%$1,363.08
0.04%$1,365.13
0.05%$1,367.18
0.06%$1,369.23
0.07%$1,371.28
0.08%$1,373.34
0.09%$1,375.40
0.10%$1,377.46
0.11%$1,379.52
0.12%$1,381.58
0.13%$1,383.65
0.14%$1,385.72
0.15%$1,387.79
0.16%$1,389.86
0.17%$1,391.94
0.18%$1,394.01
0.19%$1,396.09
0.20%$1,398.17
0.21%$1,400.26
0.22%$1,402.34
0.23%$1,404.43
0.24%$1,406.52
0.25%$1,408.61
0.26%$1,410.70
0.27%$1,412.80
0.28%$1,414.89
0.29%$1,416.99
0.30%$1,419.09
0.31%$1,421.20
0.32%$1,423.30
0.33%$1,425.41
0.34%$1,427.52
0.35%$1,429.63
0.36%$1,431.74
0.37%$1,433.86
0.38%$1,435.97
0.39%$1,438.09
0.40%$1,440.21
0.41%$1,442.34
0.42%$1,444.46
0.43%$1,446.59
0.44%$1,448.72
0.45%$1,450.85
0.46%$1,452.99
0.47%$1,455.12
0.48%$1,457.26
0.49%$1,459.40
0.50%$1,461.54
0.51%$1,463.68
0.52%$1,465.83
0.53%$1,467.98
0.54%$1,470.13
0.55%$1,472.28
0.56%$1,474.43
0.57%$1,476.59
0.58%$1,478.75
0.59%$1,480.91
0.60%$1,483.07
0.61%$1,485.23
0.62%$1,487.40
0.63%$1,489.57
0.64%$1,491.74
0.65%$1,493.91
0.66%$1,496.08
0.67%$1,498.26
0.68%$1,500.44
0.69%$1,502.62
0.70%$1,504.80
0.71%$1,506.99
0.72%$1,509.17
0.73%$1,511.36
0.74%$1,513.55
0.75%$1,515.74
0.76%$1,517.94
0.77%$1,520.13
0.78%$1,522.33
0.79%$1,524.53
0.80%$1,526.73
0.81%$1,528.94
0.82%$1,531.15
0.83%$1,533.35
0.84%$1,535.57
0.85%$1,537.78
0.86%$1,539.99
0.87%$1,542.21
0.88%$1,544.43
0.89%$1,546.65
0.90%$1,548.87
0.91%$1,551.10
0.92%$1,553.32
0.93%$1,555.55
0.94%$1,557.78
0.95%$1,560.01
0.96%$1,562.25
0.97%$1,564.49
0.98%$1,566.73
0.99%$1,568.97
1.00%$1,571.21
Interest Rate Price
1.01%$1,573.45
1.02%$1,575.70
1.03%$1,577.95
1.04%$1,580.20
1.05%$1,582.45
1.06%$1,584.71
1.07%$1,586.97
1.08%$1,589.22
1.09%$1,591.49
1.10%$1,593.75
1.11%$1,596.01
1.12%$1,598.28
1.13%$1,600.55
1.14%$1,602.82
1.15%$1,605.09
1.16%$1,607.37
1.17%$1,609.65
1.18%$1,611.92
1.19%$1,614.21
1.20%$1,616.49
1.21%$1,618.77
1.22%$1,621.06
1.23%$1,623.35
1.24%$1,625.64
1.25%$1,627.93
1.26%$1,630.23
1.27%$1,632.53
1.28%$1,634.83
1.29%$1,637.13
1.30%$1,639.43
1.31%$1,641.74
1.32%$1,644.04
1.33%$1,646.35
1.34%$1,648.66
1.35%$1,650.98
1.36%$1,653.29
1.37%$1,655.61
1.38%$1,657.93
1.39%$1,660.25
1.40%$1,662.57
1.41%$1,664.90
1.42%$1,667.22
1.43%$1,669.55
1.44%$1,671.88
1.45%$1,674.22
1.46%$1,676.55
1.47%$1,678.89
1.48%$1,681.23
1.49%$1,683.57
1.50%$1,685.91
1.51%$1,688.26
1.52%$1,690.60
1.53%$1,692.95
1.54%$1,695.30
1.55%$1,697.66
1.56%$1,700.01
1.57%$1,702.37
1.58%$1,704.73
1.59%$1,707.09
1.60%$1,709.45
1.61%$1,711.82
1.62%$1,714.18
1.63%$1,716.55
1.64%$1,718.92
1.65%$1,721.30
1.66%$1,723.67
1.67%$1,726.05
1.68%$1,728.43
1.69%$1,730.81
1.70%$1,733.19
1.71%$1,735.58
1.72%$1,737.96
1.73%$1,740.35
1.74%$1,742.74
1.75%$1,745.13
1.76%$1,747.53
1.77%$1,749.93
1.78%$1,752.32
1.79%$1,754.72
1.80%$1,757.13
1.81%$1,759.53
1.82%$1,761.94
1.83%$1,764.35
1.84%$1,766.76
1.85%$1,769.17
1.86%$1,771.58
1.87%$1,774.00
1.88%$1,776.42
1.89%$1,778.84
1.90%$1,781.26
1.91%$1,783.69
1.92%$1,786.11
1.93%$1,788.54
1.94%$1,790.97
1.95%$1,793.40
1.96%$1,795.84
1.97%$1,798.27
1.98%$1,800.71
1.99%$1,803.15
2.00%$1,805.59
Interest Rate Price
2.01%$1,808.03
2.02%$1,810.48
2.03%$1,812.93
2.04%$1,815.38
2.05%$1,817.83
2.06%$1,820.28
2.07%$1,822.74
2.08%$1,825.20
2.09%$1,827.66
2.10%$1,830.12
2.11%$1,832.58
2.12%$1,835.05
2.13%$1,837.51
2.14%$1,839.98
2.15%$1,842.45
2.16%$1,844.93
2.17%$1,847.40
2.18%$1,849.88
2.19%$1,852.36
2.20%$1,854.84
2.21%$1,857.32
2.22%$1,859.81
2.23%$1,862.29
2.24%$1,864.78
2.25%$1,867.27
2.26%$1,869.76
2.27%$1,872.26
2.28%$1,874.76
2.29%$1,877.25
2.30%$1,879.75
2.31%$1,882.26
2.32%$1,884.76
2.33%$1,887.27
2.34%$1,889.77
2.35%$1,892.28
2.36%$1,894.80
2.37%$1,897.31
2.38%$1,899.83
2.39%$1,902.34
2.40%$1,904.86
2.41%$1,907.39
2.42%$1,909.91
2.43%$1,912.43
2.44%$1,914.96
2.45%$1,917.49
2.46%$1,920.02
2.47%$1,922.55
2.48%$1,925.09
2.49%$1,927.63
2.50%$1,930.17
2.51%$1,932.71
2.52%$1,935.25
2.53%$1,937.79
2.54%$1,940.34
2.55%$1,942.89
2.56%$1,945.44
2.57%$1,947.99
2.58%$1,950.55
2.59%$1,953.10
2.60%$1,955.66
2.61%$1,958.22
2.62%$1,960.78
2.63%$1,963.34
2.64%$1,965.91
2.65%$1,968.48
2.66%$1,971.05
2.67%$1,973.62
2.68%$1,976.19
2.69%$1,978.77
2.70%$1,981.34
2.71%$1,983.92
2.72%$1,986.50
2.73%$1,989.09
2.74%$1,991.67
2.75%$1,994.26
2.76%$1,996.85
2.77%$1,999.44
2.78%$2,002.03
2.79%$2,004.62
2.80%$2,007.22
2.81%$2,009.82
2.82%$2,012.42
2.83%$2,015.02
2.84%$2,017.62
2.85%$2,020.23
2.86%$2,022.84
2.87%$2,025.44
2.88%$2,028.06
2.89%$2,030.67
2.90%$2,033.28
2.91%$2,035.90
2.92%$2,038.52
2.93%$2,041.14
2.94%$2,043.76
2.95%$2,046.39
2.96%$2,049.01
2.97%$2,051.64
2.98%$2,054.27
2.99%$2,056.90
3.00%$2,059.54
Interest Rate Price
3.01%$2,062.17
3.02%$2,064.81
3.03%$2,067.45
3.04%$2,070.09
3.05%$2,072.73
3.06%$2,075.38
3.07%$2,078.02
3.08%$2,080.67
3.09%$2,083.32
3.10%$2,085.98
3.11%$2,088.63
3.12%$2,091.29
3.13%$2,093.94
3.14%$2,096.60
3.15%$2,099.26
3.16%$2,101.93
3.17%$2,104.59
3.18%$2,107.26
3.19%$2,109.93
3.20%$2,112.60
3.21%$2,115.27
3.22%$2,117.95
3.23%$2,120.62
3.24%$2,123.30
3.25%$2,125.98
3.26%$2,128.66
3.27%$2,131.35
3.28%$2,134.03
3.29%$2,136.72
3.30%$2,139.41
3.31%$2,142.10
3.32%$2,144.80
3.33%$2,147.49
3.34%$2,150.19
3.35%$2,152.89
3.36%$2,155.59
3.37%$2,158.29
3.38%$2,160.99
3.39%$2,163.70
3.40%$2,166.41
3.41%$2,169.12
3.42%$2,171.83
3.43%$2,174.54
3.44%$2,177.25
3.45%$2,179.97
3.46%$2,182.69
3.47%$2,185.41
3.48%$2,188.13
3.49%$2,190.86
3.50%$2,193.58
3.51%$2,196.31
3.52%$2,199.04
3.53%$2,201.77
3.54%$2,204.51
3.55%$2,207.24
3.56%$2,209.98
3.57%$2,212.72
3.58%$2,215.46
3.59%$2,218.20
3.60%$2,220.94
3.61%$2,223.69
3.62%$2,226.44
3.63%$2,229.19
3.64%$2,231.94
3.65%$2,234.69
3.66%$2,237.44
3.67%$2,240.20
3.68%$2,242.96
3.69%$2,245.72
3.70%$2,248.48
3.71%$2,251.25
3.72%$2,254.01
3.73%$2,256.78
3.74%$2,259.55
3.75%$2,262.32
3.76%$2,265.09
3.77%$2,267.87
3.78%$2,270.64
3.79%$2,273.42
3.80%$2,276.20
3.81%$2,278.98
3.82%$2,281.77
3.83%$2,284.55
3.84%$2,287.34
3.85%$2,290.13
3.86%$2,292.92
3.87%$2,295.71
3.88%$2,298.51
3.89%$2,301.30
3.90%$2,304.10
3.91%$2,306.90
3.92%$2,309.70
3.93%$2,312.50
3.94%$2,315.31
3.95%$2,318.11
3.96%$2,320.92
3.97%$2,323.73
3.98%$2,326.54
3.99%$2,329.36
4.00%$2,332.17
Interest Rate Price
4.01%$2,334.99
4.02%$2,337.81
4.03%$2,340.63
4.04%$2,343.45
4.05%$2,346.28
4.06%$2,349.10
4.07%$2,351.93
4.08%$2,354.76
4.09%$2,357.59
4.10%$2,360.42
4.11%$2,363.26
4.12%$2,366.10
4.13%$2,368.93
4.14%$2,371.77
4.15%$2,374.61
4.16%$2,377.46
4.17%$2,380.30
4.18%$2,383.15
4.19%$2,386.00
4.20%$2,388.85
4.21%$2,391.70
4.22%$2,394.55
4.23%$2,397.41
4.24%$2,400.27
4.25%$2,403.13
4.26%$2,405.99
4.27%$2,408.85
4.28%$2,411.71
4.29%$2,414.58
4.30%$2,417.45
4.31%$2,420.32
4.32%$2,423.19
4.33%$2,426.06
4.34%$2,428.93
4.35%$2,431.81
4.36%$2,434.69
4.37%$2,437.57
4.38%$2,440.45
4.39%$2,443.33
4.40%$2,446.22
4.41%$2,449.10
4.42%$2,451.99
4.43%$2,454.88
4.44%$2,457.77
4.45%$2,460.67
4.46%$2,463.56
4.47%$2,466.46
4.48%$2,469.36
4.49%$2,472.26
4.50%$2,475.16
4.51%$2,478.06
4.52%$2,480.97
4.53%$2,483.87
4.54%$2,486.78
4.55%$2,489.69
4.56%$2,492.60
4.57%$2,495.52
4.58%$2,498.43
4.59%$2,501.35
4.60%$2,504.27
4.61%$2,507.19
4.62%$2,510.11
4.63%$2,513.03
4.64%$2,515.96
4.65%$2,518.89
4.66%$2,521.81
4.67%$2,524.74
4.68%$2,527.68
4.69%$2,530.61
4.70%$2,533.55
4.71%$2,536.48
4.72%$2,539.42
4.73%$2,542.36
4.74%$2,545.30
4.75%$2,548.25
4.76%$2,551.19
4.77%$2,554.14
4.78%$2,557.09
4.79%$2,560.04
4.80%$2,562.99
4.81%$2,565.94
4.82%$2,568.90
4.83%$2,571.86
4.84%$2,574.81
4.85%$2,577.77
4.86%$2,580.74
4.87%$2,583.70
4.88%$2,586.66
4.89%$2,589.63
4.90%$2,592.60
4.91%$2,595.57
4.92%$2,598.54
4.93%$2,601.51
4.94%$2,604.49
4.95%$2,607.47
4.96%$2,610.44
4.97%$2,613.42
4.98%$2,616.41
4.99%$2,619.39
5.00%$2,622.37
Interest Rate Price
5.01%$2,625.36
5.02%$2,628.35
5.03%$2,631.34
5.04%$2,634.33
5.05%$2,637.32
5.06%$2,640.32
5.07%$2,643.31
5.08%$2,646.31
5.09%$2,649.31
5.10%$2,652.31
5.11%$2,655.31
5.12%$2,658.32
5.13%$2,661.32
5.14%$2,664.33
5.15%$2,667.34
5.16%$2,670.35
5.17%$2,673.36
5.18%$2,676.37
5.19%$2,679.39
5.20%$2,682.41
5.21%$2,685.43
5.22%$2,688.45
5.23%$2,691.47
5.24%$2,694.49
5.25%$2,697.52
5.26%$2,700.54
5.27%$2,703.57
5.28%$2,706.60
5.29%$2,709.63
5.30%$2,712.66
5.31%$2,715.70
5.32%$2,718.73
5.33%$2,721.77
5.34%$2,724.81
5.35%$2,727.85
5.36%$2,730.89
5.37%$2,733.94
5.38%$2,736.98
5.39%$2,740.03
5.40%$2,743.08
5.41%$2,746.13
5.42%$2,749.18
5.43%$2,752.23
5.44%$2,755.29
5.45%$2,758.34
5.46%$2,761.40
5.47%$2,764.46
5.48%$2,767.52
5.49%$2,770.59
5.50%$2,773.65
5.51%$2,776.71
5.52%$2,779.78
5.53%$2,782.85
5.54%$2,785.92
5.55%$2,788.99
5.56%$2,792.07
5.57%$2,795.14
5.58%$2,798.22
5.59%$2,801.30
5.60%$2,804.38
5.61%$2,807.46
5.62%$2,810.54
5.63%$2,813.62
5.64%$2,816.71
5.65%$2,819.80
5.66%$2,822.89
5.67%$2,825.98
5.68%$2,829.07
5.69%$2,832.16
5.70%$2,835.26
5.71%$2,838.35
5.72%$2,841.45
5.73%$2,844.55
5.74%$2,847.65
5.75%$2,850.75
5.76%$2,853.86
5.77%$2,856.96
5.78%$2,860.07
5.79%$2,863.18
5.80%$2,866.29
5.81%$2,869.40
5.82%$2,872.51
5.83%$2,875.63
5.84%$2,878.74
5.85%$2,881.86
5.86%$2,884.98
5.87%$2,888.10
5.88%$2,891.22
5.89%$2,894.35
5.90%$2,897.47
5.91%$2,900.60
5.92%$2,903.73
5.93%$2,906.86
5.94%$2,909.99
5.95%$2,913.12
5.96%$2,916.25
5.97%$2,919.39
5.98%$2,922.53
5.99%$2,925.66
6.00%$2,928.80