248.061k Mortgage For 15 Years

What's the monthly mortgage payment for a $248,061 mortgage for 15 years?
$
$
%

248.061k 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 248061 loan at 5.25% is 1,994.11/month. At 6.25% that mortgage payment jumps to 2,126.93/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 $23,908 more than the 5.25% mortgage after 180 payments.

How much is the monthly payment for a 248,061 over 15 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $248,061 Loan over 180 Months

Monthly Payment by Interest Rate (15 Year Loan)
15 Year mortgage Payment
$248,061 mortgage at 1.25%$1,512.07 per month
$248,061 mortgage at 1.5%$1,539.82 per month
$248,061 mortgage at 1.75%$1,567.90 per month
$248,061 mortgage at 2%$1,596.29 per month
$248,061 mortgage at 2.25%$1,625.01 per month
$248,061 mortgage at 2.5%$1,654.04 per month
$248,061 mortgage at 2.75%$1,683.40 per month
$248,061 mortgage at 3%$1,713.06 per month
$248,061 mortgage at 3.25%$1,743.05 per month
$248,061 mortgage at 3.5%$1,773.34 per month
$248,061 mortgage at 3.75%$1,803.96 per month
$248,061 mortgage at 4%$1,834.88 per month
$248,061 mortgage at 4.25%$1,866.11 per month
$248,061 mortgage at 4.5%$1,897.65 per month
15 Year mortgage Payment
$248,061 mortgage at 4.75%$1,929.50 per month
$248,061 mortgage at 5%$1,961.65 per month
$248,061 mortgage at 5.25%$1,994.11 per month
$248,061 mortgage at 5.5%$2,026.87 per month
$248,061 mortgage at 5.75%$2,059.92 per month
$248,061 mortgage at 6%$2,093.28 per month
$248,061 mortgage at 6.25%$2,126.93 per month
$248,061 mortgage at 6.5%$2,160.88 per month
$248,061 mortgage at 6.75%$2,195.12 per month
$248,061 mortgage at 7%$2,229.64 per month
$248,061 mortgage at 7.25%$2,264.46 per month
$248,061 mortgage at 7.5%$2,299.56 per month
$248,061 mortgage at 7.75%$2,334.94 per month
$248,061 mortgage at 8%$2,370.60 per month