300k Mortgage For 20 Years

What's the monthly mortgage payment for a $300,000 mortgage for 20 years?
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300k 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 300000 loan at 5.25% is 2,021.53/month. At 6.25% that mortgage payment jumps to 2,192.78/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 $41,101 more than the 5.25% mortgage after 240 payments.

How much is the monthly payment for a 300,000 over 20 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $300,000 Loan over 240 Months

Monthly Payment by Interest Rate (20 Year Loan)
20 Year mortgage Payment
$300,000 mortgage at 1.25%$1,413.40 per month
$300,000 mortgage at 1.5%$1,447.64 per month
$300,000 mortgage at 1.75%$1,482.39 per month
$300,000 mortgage at 2%$1,517.65 per month
$300,000 mortgage at 2.25%$1,553.42 per month
$300,000 mortgage at 2.5%$1,589.71 per month
$300,000 mortgage at 2.75%$1,626.50 per month
$300,000 mortgage at 3%$1,663.79 per month
$300,000 mortgage at 3.25%$1,701.59 per month
$300,000 mortgage at 3.5%$1,739.88 per month
$300,000 mortgage at 3.75%$1,778.66 per month
$300,000 mortgage at 4%$1,817.94 per month
$300,000 mortgage at 4.25%$1,857.70 per month
$300,000 mortgage at 4.5%$1,897.95 per month
20 Year mortgage Payment
$300,000 mortgage at 4.75%$1,938.67 per month
$300,000 mortgage at 5%$1,979.87 per month
$300,000 mortgage at 5.25%$2,021.53 per month
$300,000 mortgage at 5.5%$2,063.66 per month
$300,000 mortgage at 5.75%$2,106.25 per month
$300,000 mortgage at 6%$2,149.29 per month
$300,000 mortgage at 6.25%$2,192.78 per month
$300,000 mortgage at 6.5%$2,236.72 per month
$300,000 mortgage at 6.75%$2,281.09 per month
$300,000 mortgage at 7%$2,325.90 per month
$300,000 mortgage at 7.25%$2,371.13 per month
$300,000 mortgage at 7.5%$2,416.78 per month
$300,000 mortgage at 7.75%$2,462.85 per month
$300,000 mortgage at 8%$2,509.32 per month