248.15k Mortgage For 15 Years

What's the monthly mortgage payment for a $248,150 mortgage for 15 years?
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248.15k 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 248150 loan at 5.25% is 1,994.82/month. At 6.25% that mortgage payment jumps to 2,127.69/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 $23,917 more than the 5.25% mortgage after 180 payments.

How much is the monthly payment for a 248,150 over 15 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $248,150 Loan over 180 Months

Monthly Payment by Interest Rate (15 Year Loan)
15 Year mortgage Payment
$248,150 mortgage at 1.25%$1,512.61 per month
$248,150 mortgage at 1.5%$1,540.37 per month
$248,150 mortgage at 1.75%$1,568.46 per month
$248,150 mortgage at 2%$1,596.87 per month
$248,150 mortgage at 2.25%$1,625.59 per month
$248,150 mortgage at 2.5%$1,654.64 per month
$248,150 mortgage at 2.75%$1,684.00 per month
$248,150 mortgage at 3%$1,713.68 per month
$248,150 mortgage at 3.25%$1,743.67 per month
$248,150 mortgage at 3.5%$1,773.98 per month
$248,150 mortgage at 3.75%$1,804.60 per month
$248,150 mortgage at 4%$1,835.54 per month
$248,150 mortgage at 4.25%$1,866.78 per month
$248,150 mortgage at 4.5%$1,898.33 per month
15 Year mortgage Payment
$248,150 mortgage at 4.75%$1,930.19 per month
$248,150 mortgage at 5%$1,962.35 per month
$248,150 mortgage at 5.25%$1,994.82 per month
$248,150 mortgage at 5.5%$2,027.59 per month
$248,150 mortgage at 5.75%$2,060.66 per month
$248,150 mortgage at 6%$2,094.03 per month
$248,150 mortgage at 6.25%$2,127.69 per month
$248,150 mortgage at 6.5%$2,161.65 per month
$248,150 mortgage at 6.75%$2,195.90 per month
$248,150 mortgage at 7%$2,230.44 per month
$248,150 mortgage at 7.25%$2,265.27 per month
$248,150 mortgage at 7.5%$2,300.38 per month
$248,150 mortgage at 7.75%$2,335.78 per month
$248,150 mortgage at 8%$2,371.45 per month