Home Loan Calculator

$250,000 Mortgage
Calculator

15-year loan · 20% down · 6.9% APR

$250,000 mortgage (15yr at 6.9%) =
$1,786.49/month
With 20% down ($50,000) → $200,000 loan amount · $321,569 total paid · $121,569 interest
Home Price ($)
$
Down Payment (%)
%
Annual APR (%)
%
Loan Term (Years)
Monthly Payment
$1,786.49
$200,000 loan · 15yr · 6.9%
Loan Amount
$200,000
after down payment
Total Paid
$321,569
all payments
Total Interest
$121,569
cost of loan
Down Payment
$50,000
20% upfront
Annual Cost
$21,438
payments/year
Interest %
37.8%
of total paid

$250,000 Mortgage — Rate Comparison

Your monthly payment changes significantly with rate. Here's how a $200,000 loan ($250,000 with 20% down) compares across common rates for a 15-year term:

RateMonthly PaymentTotal InterestTotal Paid
5.5% $1,634.17 $94,150 $294,150
6% $1,687.71 $103,788 $303,788
6.5% $1,742.21 $113,599 $313,599
6.9% ★ $1,786.49 $121,569 $321,569
7% $1,797.66 $123,578 $323,578
7.5% $1,854.02 $133,724 $333,724
8% $1,911.30 $144,035 $344,035

15 vs 30 Year — $250,000 Mortgage

TermMonthly PaymentTotal InterestInterest Saved vs 30yr
15 years ★ $1,786.49 $121,569 $0 saved
20 years $1,538.62 $169,268 $0 saved
30 years $1,317.20 $274,192 —

True Cost of a $250,000 Home

Your mortgage payment is just part of total housing costs. Estimate the full picture:

Total housing cost estimate: $2,307–$2,620/month

Compare Other Mortgage Amounts
$100,000 · 15yr $150,000 · 15yr $200,000 · 15yr $300,000 · 15yr $350,000 · 15yr $400,000 · 15yr $250,000 · 30yr Full Mortgage Calculator
ADVERTISEMENT · 728x90