245k Mortgage For 15 Years

What's the monthly mortgage payment for a $245,000 mortgage for 15 years?
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245k 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 245000 loan at 5.25% is 1,969.50/month. At 6.25% that mortgage payment jumps to 2,100.69/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 $23,613 more than the 5.25% mortgage after 180 payments.

How much is the monthly payment for a 245,000 over 15 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $245,000 Loan over 180 Months

Monthly Payment by Interest Rate (15 Year Loan)
15 Year mortgage Payment
$245,000 mortgage at 1.25%$1,493.41 per month
$245,000 mortgage at 1.5%$1,520.82 per month
$245,000 mortgage at 1.75%$1,548.55 per month
$245,000 mortgage at 2%$1,576.60 per month
$245,000 mortgage at 2.25%$1,604.96 per month
$245,000 mortgage at 2.5%$1,633.63 per month
$245,000 mortgage at 2.75%$1,662.62 per month
$245,000 mortgage at 3%$1,691.93 per month
$245,000 mortgage at 3.25%$1,721.54 per month
$245,000 mortgage at 3.5%$1,751.46 per month
$245,000 mortgage at 3.75%$1,781.69 per month
$245,000 mortgage at 4%$1,812.24 per month
$245,000 mortgage at 4.25%$1,843.08 per month
$245,000 mortgage at 4.5%$1,874.23 per month
15 Year mortgage Payment
$245,000 mortgage at 4.75%$1,905.69 per month
$245,000 mortgage at 5%$1,937.44 per month
$245,000 mortgage at 5.25%$1,969.50 per month
$245,000 mortgage at 5.5%$2,001.85 per month
$245,000 mortgage at 5.75%$2,034.50 per month
$245,000 mortgage at 6%$2,067.45 per month
$245,000 mortgage at 6.25%$2,100.69 per month
$245,000 mortgage at 6.5%$2,134.21 per month
$245,000 mortgage at 6.75%$2,168.03 per month
$245,000 mortgage at 7%$2,202.13 per month
$245,000 mortgage at 7.25%$2,236.51 per month
$245,000 mortgage at 7.5%$2,271.18 per month
$245,000 mortgage at 7.75%$2,306.13 per month
$245,000 mortgage at 8%$2,341.35 per month