Mortgage Payment for a $587,500 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 $587,500 mortgage with a 3% interest rate?
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Monthly Payment
Total Interest Paid
Total Paid

30 Year - $587,500 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%$1,634.40
0.02%$1,636.86
0.03%$1,639.32
0.04%$1,641.78
0.05%$1,644.25
0.06%$1,646.72
0.07%$1,649.19
0.08%$1,651.66
0.09%$1,654.14
0.10%$1,656.61
0.11%$1,659.09
0.12%$1,661.58
0.13%$1,664.06
0.14%$1,666.55
0.15%$1,669.04
0.16%$1,671.53
0.17%$1,674.03
0.18%$1,676.53
0.19%$1,679.03
0.20%$1,681.53
0.21%$1,684.03
0.22%$1,686.54
0.23%$1,689.05
0.24%$1,691.56
0.25%$1,694.08
0.26%$1,696.59
0.27%$1,699.11
0.28%$1,701.64
0.29%$1,704.16
0.30%$1,706.69
0.31%$1,709.22
0.32%$1,711.75
0.33%$1,714.28
0.34%$1,716.82
0.35%$1,719.36
0.36%$1,721.90
0.37%$1,724.44
0.38%$1,726.99
0.39%$1,729.54
0.40%$1,732.09
0.41%$1,734.64
0.42%$1,737.20
0.43%$1,739.76
0.44%$1,742.32
0.45%$1,744.88
0.46%$1,747.45
0.47%$1,750.02
0.48%$1,752.59
0.49%$1,755.16
0.50%$1,757.74
0.51%$1,760.32
0.52%$1,762.90
0.53%$1,765.48
0.54%$1,768.07
0.55%$1,770.65
0.56%$1,773.24
0.57%$1,775.84
0.58%$1,778.43
0.59%$1,781.03
0.60%$1,783.63
0.61%$1,786.23
0.62%$1,788.84
0.63%$1,791.45
0.64%$1,794.06
0.65%$1,796.67
0.66%$1,799.28
0.67%$1,801.90
0.68%$1,804.52
0.69%$1,807.14
0.70%$1,809.77
0.71%$1,812.39
0.72%$1,815.02
0.73%$1,817.65
0.74%$1,820.29
0.75%$1,822.92
0.76%$1,825.56
0.77%$1,828.21
0.78%$1,830.85
0.79%$1,833.50
0.80%$1,836.14
0.81%$1,838.80
0.82%$1,841.45
0.83%$1,844.11
0.84%$1,846.76
0.85%$1,849.43
0.86%$1,852.09
0.87%$1,854.75
0.88%$1,857.42
0.89%$1,860.09
0.90%$1,862.77
0.91%$1,865.44
0.92%$1,868.12
0.93%$1,870.80
0.94%$1,873.48
0.95%$1,876.17
0.96%$1,878.86
0.97%$1,881.55
0.98%$1,884.24
0.99%$1,886.93
1.00%$1,889.63
Interest Rate Price
1.01%$1,892.33
1.02%$1,895.03
1.03%$1,897.74
1.04%$1,900.45
1.05%$1,903.16
1.06%$1,905.87
1.07%$1,908.58
1.08%$1,911.30
1.09%$1,914.02
1.10%$1,916.74
1.11%$1,919.46
1.12%$1,922.19
1.13%$1,924.92
1.14%$1,927.65
1.15%$1,930.38
1.16%$1,933.12
1.17%$1,935.86
1.18%$1,938.60
1.19%$1,941.34
1.20%$1,944.09
1.21%$1,946.84
1.22%$1,949.59
1.23%$1,952.34
1.24%$1,955.10
1.25%$1,957.85
1.26%$1,960.61
1.27%$1,963.38
1.28%$1,966.14
1.29%$1,968.91
1.30%$1,971.68
1.31%$1,974.45
1.32%$1,977.23
1.33%$1,980.00
1.34%$1,982.78
1.35%$1,985.56
1.36%$1,988.35
1.37%$1,991.14
1.38%$1,993.92
1.39%$1,996.72
1.40%$1,999.51
1.41%$2,002.31
1.42%$2,005.11
1.43%$2,007.91
1.44%$2,010.71
1.45%$2,013.52
1.46%$2,016.32
1.47%$2,019.13
1.48%$2,021.95
1.49%$2,024.76
1.50%$2,027.58
1.51%$2,030.40
1.52%$2,033.22
1.53%$2,036.05
1.54%$2,038.88
1.55%$2,041.71
1.56%$2,044.54
1.57%$2,047.37
1.58%$2,050.21
1.59%$2,053.05
1.60%$2,055.89
1.61%$2,058.74
1.62%$2,061.58
1.63%$2,064.43
1.64%$2,067.28
1.65%$2,070.14
1.66%$2,072.99
1.67%$2,075.85
1.68%$2,078.71
1.69%$2,081.58
1.70%$2,084.44
1.71%$2,087.31
1.72%$2,090.18
1.73%$2,093.05
1.74%$2,095.93
1.75%$2,098.81
1.76%$2,101.69
1.77%$2,104.57
1.78%$2,107.45
1.79%$2,110.34
1.80%$2,113.23
1.81%$2,116.12
1.82%$2,119.01
1.83%$2,121.91
1.84%$2,124.81
1.85%$2,127.71
1.86%$2,130.62
1.87%$2,133.52
1.88%$2,136.43
1.89%$2,139.34
1.90%$2,142.25
1.91%$2,145.17
1.92%$2,148.09
1.93%$2,151.01
1.94%$2,153.93
1.95%$2,156.85
1.96%$2,159.78
1.97%$2,162.71
1.98%$2,165.64
1.99%$2,168.58
2.00%$2,171.51
Interest Rate Price
2.01%$2,174.45
2.02%$2,177.39
2.03%$2,180.34
2.04%$2,183.28
2.05%$2,186.23
2.06%$2,189.18
2.07%$2,192.14
2.08%$2,195.09
2.09%$2,198.05
2.10%$2,201.01
2.11%$2,203.97
2.12%$2,206.94
2.13%$2,209.91
2.14%$2,212.88
2.15%$2,215.85
2.16%$2,218.82
2.17%$2,221.80
2.18%$2,224.78
2.19%$2,227.76
2.20%$2,230.74
2.21%$2,233.73
2.22%$2,236.72
2.23%$2,239.71
2.24%$2,242.70
2.25%$2,245.70
2.26%$2,248.69
2.27%$2,251.69
2.28%$2,254.70
2.29%$2,257.70
2.30%$2,260.71
2.31%$2,263.72
2.32%$2,266.73
2.33%$2,269.74
2.34%$2,272.76
2.35%$2,275.78
2.36%$2,278.80
2.37%$2,281.82
2.38%$2,284.85
2.39%$2,287.88
2.40%$2,290.91
2.41%$2,293.94
2.42%$2,296.97
2.43%$2,300.01
2.44%$2,303.05
2.45%$2,306.09
2.46%$2,309.14
2.47%$2,312.18
2.48%$2,315.23
2.49%$2,318.28
2.50%$2,321.34
2.51%$2,324.39
2.52%$2,327.45
2.53%$2,330.51
2.54%$2,333.57
2.55%$2,336.64
2.56%$2,339.70
2.57%$2,342.77
2.58%$2,345.85
2.59%$2,348.92
2.60%$2,352.00
2.61%$2,355.07
2.62%$2,358.16
2.63%$2,361.24
2.64%$2,364.32
2.65%$2,367.41
2.66%$2,370.50
2.67%$2,373.59
2.68%$2,376.69
2.69%$2,379.79
2.70%$2,382.89
2.71%$2,385.99
2.72%$2,389.09
2.73%$2,392.20
2.74%$2,395.31
2.75%$2,398.42
2.76%$2,401.53
2.77%$2,404.65
2.78%$2,407.76
2.79%$2,410.88
2.80%$2,414.00
2.81%$2,417.13
2.82%$2,420.26
2.83%$2,423.38
2.84%$2,426.52
2.85%$2,429.65
2.86%$2,432.79
2.87%$2,435.92
2.88%$2,439.06
2.89%$2,442.21
2.90%$2,445.35
2.91%$2,448.50
2.92%$2,451.65
2.93%$2,454.80
2.94%$2,457.95
2.95%$2,461.11
2.96%$2,464.27
2.97%$2,467.43
2.98%$2,470.59
2.99%$2,473.76
3.00%$2,476.92
Interest Rate Price
3.01%$2,480.09
3.02%$2,483.27
3.03%$2,486.44
3.04%$2,489.62
3.05%$2,492.79
3.06%$2,495.98
3.07%$2,499.16
3.08%$2,502.34
3.09%$2,505.53
3.10%$2,508.72
3.11%$2,511.91
3.12%$2,515.11
3.13%$2,518.30
3.14%$2,521.50
3.15%$2,524.70
3.16%$2,527.91
3.17%$2,531.11
3.18%$2,534.32
3.19%$2,537.53
3.20%$2,540.74
3.21%$2,543.96
3.22%$2,547.17
3.23%$2,550.39
3.24%$2,553.61
3.25%$2,556.84
3.26%$2,560.06
3.27%$2,563.29
3.28%$2,566.52
3.29%$2,569.75
3.30%$2,572.99
3.31%$2,576.22
3.32%$2,579.46
3.33%$2,582.70
3.34%$2,585.95
3.35%$2,589.19
3.36%$2,592.44
3.37%$2,595.69
3.38%$2,598.94
3.39%$2,602.20
3.40%$2,605.45
3.41%$2,608.71
3.42%$2,611.97
3.43%$2,615.23
3.44%$2,618.50
3.45%$2,621.77
3.46%$2,625.04
3.47%$2,628.31
3.48%$2,631.58
3.49%$2,634.86
3.50%$2,638.14
3.51%$2,641.42
3.52%$2,644.70
3.53%$2,647.99
3.54%$2,651.27
3.55%$2,654.56
3.56%$2,657.85
3.57%$2,661.15
3.58%$2,664.44
3.59%$2,667.74
3.60%$2,671.04
3.61%$2,674.34
3.62%$2,677.65
3.63%$2,680.96
3.64%$2,684.26
3.65%$2,687.57
3.66%$2,690.89
3.67%$2,694.20
3.68%$2,697.52
3.69%$2,700.84
3.70%$2,704.16
3.71%$2,707.49
3.72%$2,710.81
3.73%$2,714.14
3.74%$2,717.47
3.75%$2,720.80
3.76%$2,724.14
3.77%$2,727.48
3.78%$2,730.81
3.79%$2,734.16
3.80%$2,737.50
3.81%$2,740.84
3.82%$2,744.19
3.83%$2,747.54
3.84%$2,750.89
3.85%$2,754.25
3.86%$2,757.60
3.87%$2,760.96
3.88%$2,764.32
3.89%$2,767.69
3.90%$2,771.05
3.91%$2,774.42
3.92%$2,777.79
3.93%$2,781.16
3.94%$2,784.53
3.95%$2,787.91
3.96%$2,791.28
3.97%$2,794.66
3.98%$2,798.05
3.99%$2,801.43
4.00%$2,804.81
Interest Rate Price
4.01%$2,808.20
4.02%$2,811.59
4.03%$2,814.99
4.04%$2,818.38
4.05%$2,821.78
4.06%$2,825.17
4.07%$2,828.58
4.08%$2,831.98
4.09%$2,835.38
4.10%$2,838.79
4.11%$2,842.20
4.12%$2,845.61
4.13%$2,849.02
4.14%$2,852.44
4.15%$2,855.86
4.16%$2,859.28
4.17%$2,862.70
4.18%$2,866.12
4.19%$2,869.55
4.20%$2,872.98
4.21%$2,876.41
4.22%$2,879.84
4.23%$2,883.27
4.24%$2,886.71
4.25%$2,890.15
4.26%$2,893.59
4.27%$2,897.03
4.28%$2,900.47
4.29%$2,903.92
4.30%$2,907.37
4.31%$2,910.82
4.32%$2,914.27
4.33%$2,917.73
4.34%$2,921.19
4.35%$2,924.64
4.36%$2,928.11
4.37%$2,931.57
4.38%$2,935.03
4.39%$2,938.50
4.40%$2,941.97
4.41%$2,945.44
4.42%$2,948.92
4.43%$2,952.39
4.44%$2,955.87
4.45%$2,959.35
4.46%$2,962.83
4.47%$2,966.31
4.48%$2,969.80
4.49%$2,973.29
4.50%$2,976.78
4.51%$2,980.27
4.52%$2,983.76
4.53%$2,987.26
4.54%$2,990.76
4.55%$2,994.26
4.56%$2,997.76
4.57%$3,001.26
4.58%$3,004.77
4.59%$3,008.28
4.60%$3,011.79
4.61%$3,015.30
4.62%$3,018.81
4.63%$3,022.33
4.64%$3,025.85
4.65%$3,029.37
4.66%$3,032.89
4.67%$3,036.41
4.68%$3,039.94
4.69%$3,043.47
4.70%$3,047.00
4.71%$3,050.53
4.72%$3,054.06
4.73%$3,057.60
4.74%$3,061.14
4.75%$3,064.68
4.76%$3,068.22
4.77%$3,071.76
4.78%$3,075.31
4.79%$3,078.86
4.80%$3,082.41
4.81%$3,085.96
4.82%$3,089.52
4.83%$3,093.07
4.84%$3,096.63
4.85%$3,100.19
4.86%$3,103.75
4.87%$3,107.32
4.88%$3,110.88
4.89%$3,114.45
4.90%$3,118.02
4.91%$3,121.59
4.92%$3,125.17
4.93%$3,128.74
4.94%$3,132.32
4.95%$3,135.90
4.96%$3,139.48
4.97%$3,143.06
4.98%$3,146.65
4.99%$3,150.24
5.00%$3,153.83
Interest Rate Price
5.01%$3,157.42
5.02%$3,161.01
5.03%$3,164.61
5.04%$3,168.20
5.05%$3,171.80
5.06%$3,175.41
5.07%$3,179.01
5.08%$3,182.61
5.09%$3,186.22
5.10%$3,189.83
5.11%$3,193.44
5.12%$3,197.05
5.13%$3,200.67
5.14%$3,204.29
5.15%$3,207.90
5.16%$3,211.52
5.17%$3,215.15
5.18%$3,218.77
5.19%$3,222.40
5.20%$3,226.03
5.21%$3,229.66
5.22%$3,233.29
5.23%$3,236.92
5.24%$3,240.56
5.25%$3,244.20
5.26%$3,247.84
5.27%$3,251.48
5.28%$3,255.12
5.29%$3,258.77
5.30%$3,262.41
5.31%$3,266.06
5.32%$3,269.72
5.33%$3,273.37
5.34%$3,277.02
5.35%$3,280.68
5.36%$3,284.34
5.37%$3,288.00
5.38%$3,291.66
5.39%$3,295.33
5.40%$3,298.99
5.41%$3,302.66
5.42%$3,306.33
5.43%$3,310.00
5.44%$3,313.68
5.45%$3,317.35
5.46%$3,321.03
5.47%$3,324.71
5.48%$3,328.39
5.49%$3,332.08
5.50%$3,335.76
5.51%$3,339.45
5.52%$3,343.14
5.53%$3,346.83
5.54%$3,350.52
5.55%$3,354.21
5.56%$3,357.91
5.57%$3,361.61
5.58%$3,365.31
5.59%$3,369.01
5.60%$3,372.71
5.61%$3,376.42
5.62%$3,380.13
5.63%$3,383.84
5.64%$3,387.55
5.65%$3,391.26
5.66%$3,394.98
5.67%$3,398.69
5.68%$3,402.41
5.69%$3,406.13
5.70%$3,409.85
5.71%$3,413.58
5.72%$3,417.30
5.73%$3,421.03
5.74%$3,424.76
5.75%$3,428.49
5.76%$3,432.22
5.77%$3,435.96
5.78%$3,439.70
5.79%$3,443.43
5.80%$3,447.17
5.81%$3,450.92
5.82%$3,454.66
5.83%$3,458.41
5.84%$3,462.15
5.85%$3,465.90
5.86%$3,469.65
5.87%$3,473.41
5.88%$3,477.16
5.89%$3,480.92
5.90%$3,484.68
5.91%$3,488.44
5.92%$3,492.20
5.93%$3,495.96
5.94%$3,499.73
5.95%$3,503.50
5.96%$3,507.26
5.97%$3,511.04
5.98%$3,514.81
5.99%$3,518.58
6.00%$3,522.36