Mortgage Payment for a $980,000 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 $980,000 mortgage with a 7% interest rate?

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Total Interest Paid
Total Paid

30 Year - $980,000 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%$2,726.32
0.02%$2,730.42
0.03%$2,734.52
0.04%$2,738.63
0.05%$2,742.75
0.06%$2,746.86
0.07%$2,750.98
0.08%$2,755.11
0.09%$2,759.24
0.10%$2,763.37
0.11%$2,767.51
0.12%$2,771.65
0.13%$2,775.80
0.14%$2,779.95
0.15%$2,784.10
0.16%$2,788.26
0.17%$2,792.42
0.18%$2,796.59
0.19%$2,800.76
0.20%$2,804.93
0.21%$2,809.11
0.22%$2,813.29
0.23%$2,817.48
0.24%$2,821.67
0.25%$2,825.86
0.26%$2,830.06
0.27%$2,834.27
0.28%$2,838.47
0.29%$2,842.68
0.30%$2,846.90
0.31%$2,851.12
0.32%$2,855.34
0.33%$2,859.57
0.34%$2,863.80
0.35%$2,868.04
0.36%$2,872.28
0.37%$2,876.52
0.38%$2,880.77
0.39%$2,885.02
0.40%$2,889.27
0.41%$2,893.53
0.42%$2,897.80
0.43%$2,902.07
0.44%$2,906.34
0.45%$2,910.61
0.46%$2,914.90
0.47%$2,919.18
0.48%$2,923.47
0.49%$2,927.76
0.50%$2,932.06
0.51%$2,936.36
0.52%$2,940.66
0.53%$2,944.97
0.54%$2,949.28
0.55%$2,953.60
0.56%$2,957.92
0.57%$2,962.25
0.58%$2,966.58
0.59%$2,970.91
0.60%$2,975.25
0.61%$2,979.59
0.62%$2,983.93
0.63%$2,988.28
0.64%$2,992.64
0.65%$2,996.99
0.66%$3,001.36
0.67%$3,005.72
0.68%$3,010.09
0.69%$3,014.47
0.70%$3,018.84
0.71%$3,023.23
0.72%$3,027.61
0.73%$3,032.00
0.74%$3,036.40
0.75%$3,040.79
0.76%$3,045.20
0.77%$3,049.60
0.78%$3,054.01
0.79%$3,058.43
0.80%$3,062.85
0.81%$3,067.27
0.82%$3,071.70
0.83%$3,076.13
0.84%$3,080.56
0.85%$3,085.00
0.86%$3,089.44
0.87%$3,093.89
0.88%$3,098.34
0.89%$3,102.80
0.90%$3,107.25
0.91%$3,111.72
0.92%$3,116.18
0.93%$3,120.66
0.94%$3,125.13
0.95%$3,129.61
0.96%$3,134.09
0.97%$3,138.58
0.98%$3,143.07
0.99%$3,147.57
1.00%$3,152.07
Interest Rate Price
1.01%$3,156.57
1.02%$3,161.08
1.03%$3,165.59
1.04%$3,170.11
1.05%$3,174.63
1.06%$3,179.15
1.07%$3,183.68
1.08%$3,188.21
1.09%$3,192.74
1.10%$3,197.28
1.11%$3,201.83
1.12%$3,206.38
1.13%$3,210.93
1.14%$3,215.48
1.15%$3,220.04
1.16%$3,224.61
1.17%$3,229.18
1.18%$3,233.75
1.19%$3,238.33
1.20%$3,242.91
1.21%$3,247.49
1.22%$3,252.08
1.23%$3,256.67
1.24%$3,261.27
1.25%$3,265.87
1.26%$3,270.47
1.27%$3,275.08
1.28%$3,279.69
1.29%$3,284.31
1.30%$3,288.93
1.31%$3,293.55
1.32%$3,298.18
1.33%$3,302.81
1.34%$3,307.45
1.35%$3,312.09
1.36%$3,316.73
1.37%$3,321.38
1.38%$3,326.04
1.39%$3,330.69
1.40%$3,335.35
1.41%$3,340.02
1.42%$3,344.69
1.43%$3,349.36
1.44%$3,354.03
1.45%$3,358.72
1.46%$3,363.40
1.47%$3,368.09
1.48%$3,372.78
1.49%$3,377.48
1.50%$3,382.18
1.51%$3,386.88
1.52%$3,391.59
1.53%$3,396.30
1.54%$3,401.02
1.55%$3,405.74
1.56%$3,410.46
1.57%$3,415.19
1.58%$3,419.93
1.59%$3,424.66
1.60%$3,429.40
1.61%$3,434.15
1.62%$3,438.90
1.63%$3,443.65
1.64%$3,448.40
1.65%$3,453.16
1.66%$3,457.93
1.67%$3,462.70
1.68%$3,467.47
1.69%$3,472.25
1.70%$3,477.03
1.71%$3,481.81
1.72%$3,486.60
1.73%$3,491.39
1.74%$3,496.19
1.75%$3,500.99
1.76%$3,505.79
1.77%$3,510.60
1.78%$3,515.41
1.79%$3,520.23
1.80%$3,525.05
1.81%$3,529.87
1.82%$3,534.70
1.83%$3,539.53
1.84%$3,544.36
1.85%$3,549.20
1.86%$3,554.05
1.87%$3,558.89
1.88%$3,563.75
1.89%$3,568.60
1.90%$3,573.46
1.91%$3,578.32
1.92%$3,583.19
1.93%$3,588.06
1.94%$3,592.94
1.95%$3,597.82
1.96%$3,602.70
1.97%$3,607.59
1.98%$3,612.48
1.99%$3,617.37
2.00%$3,622.27
Interest Rate Price
2.01%$3,627.17
2.02%$3,632.08
2.03%$3,636.99
2.04%$3,641.90
2.05%$3,646.82
2.06%$3,651.75
2.07%$3,656.67
2.08%$3,661.60
2.09%$3,666.54
2.10%$3,671.47
2.11%$3,676.42
2.12%$3,681.36
2.13%$3,686.31
2.14%$3,691.26
2.15%$3,696.22
2.16%$3,701.18
2.17%$3,706.15
2.18%$3,711.12
2.19%$3,716.09
2.20%$3,721.07
2.21%$3,726.05
2.22%$3,731.03
2.23%$3,736.02
2.24%$3,741.02
2.25%$3,746.01
2.26%$3,751.01
2.27%$3,756.02
2.28%$3,761.02
2.29%$3,766.04
2.30%$3,771.05
2.31%$3,776.07
2.32%$3,781.10
2.33%$3,786.12
2.34%$3,791.16
2.35%$3,796.19
2.36%$3,801.23
2.37%$3,806.27
2.38%$3,811.32
2.39%$3,816.37
2.40%$3,821.43
2.41%$3,826.48
2.42%$3,831.55
2.43%$3,836.61
2.44%$3,841.68
2.45%$3,846.76
2.46%$3,851.83
2.47%$3,856.92
2.48%$3,862.00
2.49%$3,867.09
2.50%$3,872.18
2.51%$3,877.28
2.52%$3,882.38
2.53%$3,887.49
2.54%$3,892.60
2.55%$3,897.71
2.56%$3,902.83
2.57%$3,907.95
2.58%$3,913.07
2.59%$3,918.20
2.60%$3,923.33
2.61%$3,928.46
2.62%$3,933.60
2.63%$3,938.75
2.64%$3,943.89
2.65%$3,949.05
2.66%$3,954.20
2.67%$3,959.36
2.68%$3,964.52
2.69%$3,969.69
2.70%$3,974.86
2.71%$3,980.03
2.72%$3,985.21
2.73%$3,990.39
2.74%$3,995.57
2.75%$4,000.76
2.76%$4,005.96
2.77%$4,011.15
2.78%$4,016.35
2.79%$4,021.56
2.80%$4,026.77
2.81%$4,031.98
2.82%$4,037.19
2.83%$4,042.41
2.84%$4,047.64
2.85%$4,052.86
2.86%$4,058.09
2.87%$4,063.33
2.88%$4,068.57
2.89%$4,073.81
2.90%$4,079.05
2.91%$4,084.30
2.92%$4,089.56
2.93%$4,094.81
2.94%$4,100.07
2.95%$4,105.34
2.96%$4,110.61
2.97%$4,115.88
2.98%$4,121.16
2.99%$4,126.44
3.00%$4,131.72
Interest Rate Price
3.01%$4,137.01
3.02%$4,142.30
3.03%$4,147.59
3.04%$4,152.89
3.05%$4,158.19
3.06%$4,163.50
3.07%$4,168.81
3.08%$4,174.12
3.09%$4,179.44
3.10%$4,184.76
3.11%$4,190.09
3.12%$4,195.41
3.13%$4,200.75
3.14%$4,206.08
3.15%$4,211.42
3.16%$4,216.76
3.17%$4,222.11
3.18%$4,227.46
3.19%$4,232.82
3.20%$4,238.18
3.21%$4,243.54
3.22%$4,248.90
3.23%$4,254.27
3.24%$4,259.65
3.25%$4,265.02
3.26%$4,270.40
3.27%$4,275.79
3.28%$4,281.17
3.29%$4,286.57
3.30%$4,291.96
3.31%$4,297.36
3.32%$4,302.76
3.33%$4,308.17
3.34%$4,313.58
3.35%$4,318.99
3.36%$4,324.41
3.37%$4,329.83
3.38%$4,335.26
3.39%$4,340.68
3.40%$4,346.12
3.41%$4,351.55
3.42%$4,356.99
3.43%$4,362.43
3.44%$4,367.88
3.45%$4,373.33
3.46%$4,378.79
3.47%$4,384.24
3.48%$4,389.70
3.49%$4,395.17
3.50%$4,400.64
3.51%$4,406.11
3.52%$4,411.59
3.53%$4,417.07
3.54%$4,422.55
3.55%$4,428.04
3.56%$4,433.53
3.57%$4,439.02
3.58%$4,444.52
3.59%$4,450.02
3.60%$4,455.52
3.61%$4,461.03
3.62%$4,466.55
3.63%$4,472.06
3.64%$4,477.58
3.65%$4,483.10
3.66%$4,488.63
3.67%$4,494.16
3.68%$4,499.69
3.69%$4,505.23
3.70%$4,510.77
3.71%$4,516.32
3.72%$4,521.87
3.73%$4,527.42
3.74%$4,532.97
3.75%$4,538.53
3.76%$4,544.10
3.77%$4,549.66
3.78%$4,555.23
3.79%$4,560.81
3.80%$4,566.38
3.81%$4,571.96
3.82%$4,577.55
3.83%$4,583.13
3.84%$4,588.73
3.85%$4,594.32
3.86%$4,599.92
3.87%$4,605.52
3.88%$4,611.13
3.89%$4,616.74
3.90%$4,622.35
3.91%$4,627.96
3.92%$4,633.58
3.93%$4,639.21
3.94%$4,644.83
3.95%$4,650.46
3.96%$4,656.10
3.97%$4,661.74
3.98%$4,667.38
3.99%$4,673.02
4.00%$4,678.67
Interest Rate Price
4.01%$4,684.32
4.02%$4,689.98
4.03%$4,695.64
4.04%$4,701.30
4.05%$4,706.96
4.06%$4,712.63
4.07%$4,718.30
4.08%$4,723.98
4.09%$4,729.66
4.10%$4,735.34
4.11%$4,741.03
4.12%$4,746.72
4.13%$4,752.41
4.14%$4,758.11
4.15%$4,763.81
4.16%$4,769.52
4.17%$4,775.22
4.18%$4,780.94
4.19%$4,786.65
4.20%$4,792.37
4.21%$4,798.09
4.22%$4,803.81
4.23%$4,809.54
4.24%$4,815.28
4.25%$4,821.01
4.26%$4,826.75
4.27%$4,832.49
4.28%$4,838.24
4.29%$4,843.99
4.30%$4,849.74
4.31%$4,855.50
4.32%$4,861.26
4.33%$4,867.02
4.34%$4,872.79
4.35%$4,878.56
4.36%$4,884.33
4.37%$4,890.11
4.38%$4,895.89
4.39%$4,901.67
4.40%$4,907.46
4.41%$4,913.25
4.42%$4,919.04
4.43%$4,924.84
4.44%$4,930.64
4.45%$4,936.44
4.46%$4,942.25
4.47%$4,948.06
4.48%$4,953.88
4.49%$4,959.69
4.50%$4,965.52
4.51%$4,971.34
4.52%$4,977.17
4.53%$4,983.00
4.54%$4,988.83
4.55%$4,994.67
4.56%$5,000.51
4.57%$5,006.36
4.58%$5,012.21
4.59%$5,018.06
4.60%$5,023.91
4.61%$5,029.77
4.62%$5,035.64
4.63%$5,041.50
4.64%$5,047.37
4.65%$5,053.24
4.66%$5,059.12
4.67%$5,064.99
4.68%$5,070.88
4.69%$5,076.76
4.70%$5,082.65
4.71%$5,088.54
4.72%$5,094.44
4.73%$5,100.34
4.74%$5,106.24
4.75%$5,112.14
4.76%$5,118.05
4.77%$5,123.96
4.78%$5,129.88
4.79%$5,135.80
4.80%$5,141.72
4.81%$5,147.65
4.82%$5,153.57
4.83%$5,159.51
4.84%$5,165.44
4.85%$5,171.38
4.86%$5,177.32
4.87%$5,183.27
4.88%$5,189.22
4.89%$5,195.17
4.90%$5,201.12
4.91%$5,207.08
4.92%$5,213.04
4.93%$5,219.01
4.94%$5,224.97
4.95%$5,230.95
4.96%$5,236.92
4.97%$5,242.90
4.98%$5,248.88
4.99%$5,254.86
5.00%$5,260.85
Interest Rate Price
5.01%$5,266.84
5.02%$5,272.84
5.03%$5,278.83
5.04%$5,284.84
5.05%$5,290.84
5.06%$5,296.85
5.07%$5,302.86
5.08%$5,308.87
5.09%$5,314.89
5.10%$5,320.91
5.11%$5,326.93
5.12%$5,332.96
5.13%$5,338.99
5.14%$5,345.02
5.15%$5,351.06
5.16%$5,357.10
5.17%$5,363.14
5.18%$5,369.19
5.19%$5,375.23
5.20%$5,381.29
5.21%$5,387.34
5.22%$5,393.40
5.23%$5,399.46
5.24%$5,405.53
5.25%$5,411.60
5.26%$5,417.67
5.27%$5,423.74
5.28%$5,429.82
5.29%$5,435.90
5.30%$5,441.99
5.31%$5,448.07
5.32%$5,454.16
5.33%$5,460.26
5.34%$5,466.35
5.35%$5,472.45
5.36%$5,478.56
5.37%$5,484.66
5.38%$5,490.77
5.39%$5,496.89
5.40%$5,503.00
5.41%$5,509.12
5.42%$5,515.24
5.43%$5,521.37
5.44%$5,527.50
5.45%$5,533.63
5.46%$5,539.76
5.47%$5,545.90
5.48%$5,552.04
5.49%$5,558.19
5.50%$5,564.33
5.51%$5,570.48
5.52%$5,576.64
5.53%$5,582.79
5.54%$5,588.95
5.55%$5,595.11
5.56%$5,601.28
5.57%$5,607.45
5.58%$5,613.62
5.59%$5,619.80
5.60%$5,625.97
5.61%$5,632.16
5.62%$5,638.34
5.63%$5,644.53
5.64%$5,650.72
5.65%$5,656.91
5.66%$5,663.11
5.67%$5,669.31
5.68%$5,675.51
5.69%$5,681.72
5.70%$5,687.92
5.71%$5,694.14
5.72%$5,700.35
5.73%$5,706.57
5.74%$5,712.79
5.75%$5,719.01
5.76%$5,725.24
5.77%$5,731.47
5.78%$5,737.70
5.79%$5,743.94
5.80%$5,750.18
5.81%$5,756.42
5.82%$5,762.67
5.83%$5,768.92
5.84%$5,775.17
5.85%$5,781.42
5.86%$5,787.68
5.87%$5,793.94
5.88%$5,800.20
5.89%$5,806.47
5.90%$5,812.74
5.91%$5,819.01
5.92%$5,825.29
5.93%$5,831.56
5.94%$5,837.84
5.95%$5,844.13
5.96%$5,850.42
5.97%$5,856.71
5.98%$5,863.00
5.99%$5,869.30
6.00%$5,875.60