Precomputed mortgage answer

Mortgage payment on a $250,000 loan at 6% for 30 years

Direct answer

≈ $1,499 per monthFor principal and interest only. Over 30 years, you’ll pay approximately $289,595 in total interest and $539,595 across 360 payments.
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$250,000 mortgage payment table

Principal and interest by rate and loan term. Taxes, insurance and fees are not included.
Interest rate15-year term20-year term30-year term
5.50%$2,043/mo$1,720/mo$1,419/mo
5.75%$2,076/mo$1,755/mo$1,459/mo
6.00%$2,110/mo$1,791/moSelected$1,499/mo
6.25%$2,144/mo$1,827/mo$1,539/mo
6.50%$2,178/mo$1,864/mo$1,580/mo
6.75%$2,212/mo$1,901/mo$1,621/mo
7.00%$2,247/mo$1,938/mo$1,663/mo
7.25%$2,282/mo$1,976/mo$1,705/mo
7.50%$2,318/mo$2,014/mo$1,748/mo
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Your estimated payment$1,499/mo
Rate context: Freddie Mac PMMS average , Oct 2026 Source verified

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About a $250,000 mortgage

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