248.42k Mortgage For 15 Years

What's the monthly mortgage payment for a $248,420 mortgage for 15 years?
$
$
%

248.42k 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 248420 loan at 5.25% is 1,996.99/month. At 6.25% that mortgage payment jumps to 2,130.01/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 $23,943 more than the 5.25% mortgage after 180 payments.

How much is the monthly payment for a 248,420 over 15 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $248,420 Loan over 180 Months

Monthly Payment by Interest Rate (15 Year Loan)
15 Year mortgage Payment
$248,420 mortgage at 1.25%$1,514.25 per month
$248,420 mortgage at 1.5%$1,542.05 per month
$248,420 mortgage at 1.75%$1,570.17 per month
$248,420 mortgage at 2%$1,598.60 per month
$248,420 mortgage at 2.25%$1,627.36 per month
$248,420 mortgage at 2.5%$1,656.44 per month
$248,420 mortgage at 2.75%$1,685.83 per month
$248,420 mortgage at 3%$1,715.54 per month
$248,420 mortgage at 3.25%$1,745.57 per month
$248,420 mortgage at 3.5%$1,775.91 per month
$248,420 mortgage at 3.75%$1,806.57 per month
$248,420 mortgage at 4%$1,837.53 per month
$248,420 mortgage at 4.25%$1,868.81 per month
$248,420 mortgage at 4.5%$1,900.40 per month
15 Year mortgage Payment
$248,420 mortgage at 4.75%$1,932.29 per month
$248,420 mortgage at 5%$1,964.49 per month
$248,420 mortgage at 5.25%$1,996.99 per month
$248,420 mortgage at 5.5%$2,029.80 per month
$248,420 mortgage at 5.75%$2,062.90 per month
$248,420 mortgage at 6%$2,096.31 per month
$248,420 mortgage at 6.25%$2,130.01 per month
$248,420 mortgage at 6.5%$2,164.00 per month
$248,420 mortgage at 6.75%$2,198.29 per month
$248,420 mortgage at 7%$2,232.87 per month
$248,420 mortgage at 7.25%$2,267.73 per month
$248,420 mortgage at 7.5%$2,302.88 per month
$248,420 mortgage at 7.75%$2,338.32 per month
$248,420 mortgage at 8%$2,374.03 per month