248.002k Mortgage For 15 Years

What's the monthly mortgage payment for a $248,002 mortgage for 15 years?
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248.002k 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 248002 loan at 5.25% is 1,993.63/month. At 6.25% that mortgage payment jumps to 2,126.43/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 $23,903 more than the 5.25% mortgage after 180 payments.

How much is the monthly payment for a 248,002 over 15 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $248,002 Loan over 180 Months

Monthly Payment by Interest Rate (15 Year Loan)
15 Year mortgage Payment
$248,002 mortgage at 1.25%$1,511.71 per month
$248,002 mortgage at 1.5%$1,539.46 per month
$248,002 mortgage at 1.75%$1,567.52 per month
$248,002 mortgage at 2%$1,595.91 per month
$248,002 mortgage at 2.25%$1,624.62 per month
$248,002 mortgage at 2.5%$1,653.65 per month
$248,002 mortgage at 2.75%$1,683.00 per month
$248,002 mortgage at 3%$1,712.66 per month
$248,002 mortgage at 3.25%$1,742.63 per month
$248,002 mortgage at 3.5%$1,772.92 per month
$248,002 mortgage at 3.75%$1,803.53 per month
$248,002 mortgage at 4%$1,834.44 per month
$248,002 mortgage at 4.25%$1,865.67 per month
$248,002 mortgage at 4.5%$1,897.20 per month
15 Year mortgage Payment
$248,002 mortgage at 4.75%$1,929.04 per month
$248,002 mortgage at 5%$1,961.18 per month
$248,002 mortgage at 5.25%$1,993.63 per month
$248,002 mortgage at 5.5%$2,026.38 per month
$248,002 mortgage at 5.75%$2,059.43 per month
$248,002 mortgage at 6%$2,092.78 per month
$248,002 mortgage at 6.25%$2,126.43 per month
$248,002 mortgage at 6.5%$2,160.36 per month
$248,002 mortgage at 6.75%$2,194.59 per month
$248,002 mortgage at 7%$2,229.11 per month
$248,002 mortgage at 7.25%$2,263.92 per month
$248,002 mortgage at 7.5%$2,299.01 per month
$248,002 mortgage at 7.75%$2,334.38 per month
$248,002 mortgage at 8%$2,370.04 per month