488.249k Mortgage For 15 Years

What's the monthly mortgage payment for a $488,249 mortgage for 15 years?
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488.249k 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 488249 loan at 5.25% is 3,924.92/month. At 6.25% that mortgage payment jumps to 4,186.36/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 $47,058 more than the 5.25% mortgage after 180 payments.

How much is the monthly payment for a 488,249 over 15 years? Browse the table below to view monthly payments based on interest rate.

Monthly Mortgage Payment for a $488,249 Loan over 180 Months

Monthly Payment by Interest Rate (15 Year Loan)
15 Year mortgage Payment
$488,249 mortgage at 1.25%$2,976.14 per month
$488,249 mortgage at 1.5%$3,030.77 per month
$488,249 mortgage at 1.75%$3,086.03 per month
$488,249 mortgage at 2%$3,141.92 per month
$488,249 mortgage at 2.25%$3,198.44 per month
$488,249 mortgage at 2.5%$3,255.59 per month
$488,249 mortgage at 2.75%$3,313.36 per month
$488,249 mortgage at 3%$3,371.76 per month
$488,249 mortgage at 3.25%$3,430.77 per month
$488,249 mortgage at 3.5%$3,490.41 per month
$488,249 mortgage at 3.75%$3,550.66 per month
$488,249 mortgage at 4%$3,611.52 per month
$488,249 mortgage at 4.25%$3,672.99 per month
$488,249 mortgage at 4.5%$3,735.07 per month
15 Year mortgage Payment
$488,249 mortgage at 4.75%$3,797.76 per month
$488,249 mortgage at 5%$3,861.04 per month
$488,249 mortgage at 5.25%$3,924.92 per month
$488,249 mortgage at 5.5%$3,989.40 per month
$488,249 mortgage at 5.75%$4,054.47 per month
$488,249 mortgage at 6%$4,120.12 per month
$488,249 mortgage at 6.25%$4,186.36 per month
$488,249 mortgage at 6.5%$4,253.17 per month
$488,249 mortgage at 6.75%$4,320.56 per month
$488,249 mortgage at 7%$4,388.52 per month
$488,249 mortgage at 7.25%$4,457.04 per month
$488,249 mortgage at 7.5%$4,526.13 per month
$488,249 mortgage at 7.75%$4,595.77 per month
$488,249 mortgage at 8%$4,665.96 per month