$150,000 mortgage at every rate
| Rate | 15 years | 20 years | 30 years |
|---|---|---|---|
| 5% | $1,186.19 | $989.93 | $805.23 |
| 5.5% | $1,225.63 | $1,031.83 | $851.68 |
| 6% | $1,265.79 | $1,074.65 | $899.33 |
| 6.25% | $1,286.13 | $1,096.39 | $923.58 |
| 6.5% | $1,306.66 | $1,118.36 | $948.10 |
| 6.75% | $1,327.36 | $1,140.55 | $972.90 |
| 7% | $1,348.24 | $1,162.95 | $997.95 |
| 7.5% | $1,390.52 | $1,208.39 | $1,048.82 |
| 8% | $1,433.48 | $1,254.66 | $1,100.65 |
Principal and interest only. The calculator above starts with a $187,500 home and 20% down (a $150,000 loan) – add property tax, insurance and PMI to see the full payment.
Other mortgage amounts (6.5%, 30 years)
- $100,000$632/month
- $150,000$948/month
- $200,000$1,264/month
- $250,000$1,580/month
- $300,000$1,896/month
- $350,000$2,212/month
- $400,000$2,528/month
- $450,000$2,844/month
- $500,000$3,160/month
- $600,000$3,792/month
- $700,000$4,424/month
- $800,000$5,057/month
- $900,000$5,689/month
- $1,000,000$6,321/month
Frequently asked questions
What is the monthly payment on a $150,000 mortgage?
At 6.5% for 30 years, $948.10 a month in principal and interest; for 15 years, $1,306.66. Taxes and insurance are extra.
How much interest on a $150,000 mortgage?
At 6.5% over 30 years, $191,317 – over 15 years only $85,199.
What income do I need for a $150,000 mortgage?
Lenders often want total housing costs under about 28% of gross income. A $948 payment plus about $188 of tax and insurance suggests an income near $48,669 a year.