247k Mortgage For 20 Years

What's the monthly mortgage payment for a $247,000 mortgage for 20 years?
$
$
%

247k Mortgage For 20 Years (240 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 20 year fixed 247000 loan at 5.25% is 1,664.40/month. At 6.25% that mortgage payment jumps to 1,805.39/month. A 20 year fixed loan will have a total of 240 monthly payments. In total, the loan at 6.25% will end up costing $33,839 more than the 5.25% mortgage after 240 payments.

How much is the monthly payment for a 247,000 over 20 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $247,000 Loan over 240 Months

Monthly Payment by Interest Rate (20 Year Loan)
20 Year mortgage Payment
$247,000 mortgage at 1.25%$1,163.70 per month
$247,000 mortgage at 1.5%$1,191.89 per month
$247,000 mortgage at 1.75%$1,220.50 per month
$247,000 mortgage at 2%$1,249.53 per month
$247,000 mortgage at 2.25%$1,278.99 per month
$247,000 mortgage at 2.5%$1,308.86 per month
$247,000 mortgage at 2.75%$1,339.15 per month
$247,000 mortgage at 3%$1,369.86 per month
$247,000 mortgage at 3.25%$1,400.97 per month
$247,000 mortgage at 3.5%$1,432.50 per month
$247,000 mortgage at 3.75%$1,464.43 per month
$247,000 mortgage at 4%$1,496.77 per month
$247,000 mortgage at 4.25%$1,529.51 per month
$247,000 mortgage at 4.5%$1,562.64 per month
20 Year mortgage Payment
$247,000 mortgage at 4.75%$1,596.17 per month
$247,000 mortgage at 5%$1,630.09 per month
$247,000 mortgage at 5.25%$1,664.40 per month
$247,000 mortgage at 5.5%$1,699.08 per month
$247,000 mortgage at 5.75%$1,734.15 per month
$247,000 mortgage at 6%$1,769.58 per month
$247,000 mortgage at 6.25%$1,805.39 per month
$247,000 mortgage at 6.5%$1,841.57 per month
$247,000 mortgage at 6.75%$1,878.10 per month
$247,000 mortgage at 7%$1,914.99 per month
$247,000 mortgage at 7.25%$1,952.23 per month
$247,000 mortgage at 7.5%$1,989.82 per month
$247,000 mortgage at 7.75%$2,027.74 per month
$247,000 mortgage at 8%$2,066.01 per month