31k Mortgage For 15 Years

What's the monthly mortgage payment for a $31,000 mortgage for 15 years?
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31k 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 31000 loan at 5.25% is 249.20/month. At 6.25% that mortgage payment jumps to 265.80/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 $2,988 more than the 5.25% mortgage after 180 payments.

How much is the monthly payment for a 31,000 over 15 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $31,000 Loan over 180 Months

Monthly Payment by Interest Rate (15 Year Loan)
15 Year mortgage Payment
$31,000 mortgage at 1.25%$188.96 per month
$31,000 mortgage at 1.5%$192.43 per month
$31,000 mortgage at 1.75%$195.94 per month
$31,000 mortgage at 2%$199.49 per month
$31,000 mortgage at 2.25%$203.08 per month
$31,000 mortgage at 2.5%$206.70 per month
$31,000 mortgage at 2.75%$210.37 per month
$31,000 mortgage at 3%$214.08 per month
$31,000 mortgage at 3.25%$217.83 per month
$31,000 mortgage at 3.5%$221.61 per month
$31,000 mortgage at 3.75%$225.44 per month
$31,000 mortgage at 4%$229.30 per month
$31,000 mortgage at 4.25%$233.21 per month
$31,000 mortgage at 4.5%$237.15 per month
15 Year mortgage Payment
$31,000 mortgage at 4.75%$241.13 per month
$31,000 mortgage at 5%$245.15 per month
$31,000 mortgage at 5.25%$249.20 per month
$31,000 mortgage at 5.5%$253.30 per month
$31,000 mortgage at 5.75%$257.43 per month
$31,000 mortgage at 6%$261.60 per month
$31,000 mortgage at 6.25%$265.80 per month
$31,000 mortgage at 6.5%$270.04 per month
$31,000 mortgage at 6.75%$274.32 per month
$31,000 mortgage at 7%$278.64 per month
$31,000 mortgage at 7.25%$282.99 per month
$31,000 mortgage at 7.5%$287.37 per month
$31,000 mortgage at 7.75%$291.80 per month
$31,000 mortgage at 8%$296.25 per month