971.5k Mortgage For 15 Years

What's the monthly mortgage payment for a $971,500 mortgage for 15 years?
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971.5k Mortgage For 15 Years (180 Months). Enter your loan details to view a printable amortization schedule and a payment summary.

  • Loan Amount: Enter total loan amount.
  • Down Payment: Enter the down payment.
  • Interest Rate: Enter the interest rate.
  • Years: Enter the loan length.
Make sure to shop around when choosing a mortgage. A small change in APR can add up to big savings over the course of the loan. For example, the payment of a 15 year fixed 971500 loan at 5.25% is 7,809.67/month. At 6.25% that mortgage payment jumps to 8,329.86/month. A 15 year fixed loan will have a total of 180 monthly payments. In total, the loan at 6.25% will end up costing $93,634 more than the 5.25% mortgage after 180 payments.

How much is the monthly payment for a 971,500 over 15 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $971,500 Loan over 180 Months

Monthly Payment by Interest Rate (15 Year Loan)
15 Year mortgage Payment
$971,500 mortgage at 1.25%$5,921.82 per month
$971,500 mortgage at 1.5%$6,030.52 per month
$971,500 mortgage at 1.75%$6,140.48 per month
$971,500 mortgage at 2%$6,251.69 per month
$971,500 mortgage at 2.25%$6,364.15 per month
$971,500 mortgage at 2.5%$6,477.86 per month
$971,500 mortgage at 2.75%$6,592.81 per month
$971,500 mortgage at 3%$6,709.00 per month
$971,500 mortgage at 3.25%$6,826.43 per month
$971,500 mortgage at 3.5%$6,945.08 per month
$971,500 mortgage at 3.75%$7,064.97 per month
$971,500 mortgage at 4%$7,186.07 per month
$971,500 mortgage at 4.25%$7,308.38 per month
$971,500 mortgage at 4.5%$7,431.91 per month
15 Year mortgage Payment
$971,500 mortgage at 4.75%$7,556.64 per month
$971,500 mortgage at 5%$7,682.56 per month
$971,500 mortgage at 5.25%$7,809.67 per month
$971,500 mortgage at 5.5%$7,937.97 per month
$971,500 mortgage at 5.75%$8,067.43 per month
$971,500 mortgage at 6%$8,198.07 per month
$971,500 mortgage at 6.25%$8,329.86 per month
$971,500 mortgage at 6.5%$8,462.81 per month
$971,500 mortgage at 6.75%$8,596.90 per month
$971,500 mortgage at 7%$8,732.12 per month
$971,500 mortgage at 7.25%$8,868.46 per month
$971,500 mortgage at 7.5%$9,005.93 per month
$971,500 mortgage at 7.75%$9,144.49 per month
$971,500 mortgage at 8%$9,284.16 per month