298k Mortgage For 20 Years

What's the monthly mortgage payment for a $298,000 mortgage for 20 years?
$
$
%

298k 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 298000 loan at 5.25% is 2,008.06/month. At 6.25% that mortgage payment jumps to 2,178.17/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 $40,827 more than the 5.25% mortgage after 240 payments.

How much is the monthly payment for a 298,000 over 20 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $298,000 Loan over 240 Months

Monthly Payment by Interest Rate (20 Year Loan)
20 Year mortgage Payment
$298,000 mortgage at 1.25%$1,403.98 per month
$298,000 mortgage at 1.5%$1,437.99 per month
$298,000 mortgage at 1.75%$1,472.50 per month
$298,000 mortgage at 2%$1,507.53 per month
$298,000 mortgage at 2.25%$1,543.07 per month
$298,000 mortgage at 2.5%$1,579.11 per month
$298,000 mortgage at 2.75%$1,615.66 per month
$298,000 mortgage at 3%$1,652.70 per month
$298,000 mortgage at 3.25%$1,690.24 per month
$298,000 mortgage at 3.5%$1,728.28 per month
$298,000 mortgage at 3.75%$1,766.81 per month
$298,000 mortgage at 4%$1,805.82 per month
$298,000 mortgage at 4.25%$1,845.32 per month
$298,000 mortgage at 4.5%$1,885.30 per month
20 Year mortgage Payment
$298,000 mortgage at 4.75%$1,925.75 per month
$298,000 mortgage at 5%$1,966.67 per month
$298,000 mortgage at 5.25%$2,008.06 per month
$298,000 mortgage at 5.5%$2,049.90 per month
$298,000 mortgage at 5.75%$2,092.21 per month
$298,000 mortgage at 6%$2,134.96 per month
$298,000 mortgage at 6.25%$2,178.17 per month
$298,000 mortgage at 6.5%$2,221.81 per month
$298,000 mortgage at 6.75%$2,265.88 per month
$298,000 mortgage at 7%$2,310.39 per month
$298,000 mortgage at 7.25%$2,355.32 per month
$298,000 mortgage at 7.5%$2,400.67 per month
$298,000 mortgage at 7.75%$2,446.43 per month
$298,000 mortgage at 8%$2,492.59 per month