Mortgage Rate Payment Calculator
Calculate how different interest rates affect your monthly mortgage payment and total loan cost.
Rate Payment Calculator
Compare payments at different interest rates
Use our main calculator to compare different rates
Go to Main CalculatorHow Rate Changes Affect Payment
Example: $400,000 Loan
3% rate: $1,686/month (~$206,000 total interest)
4% rate: $1,910/month (~$287,000 total interest)
5% rate: $2,147/month (~$373,000 total interest)
6% rate: $2,398/month (~$463,000 total interest)
As you can see, even a 1% rate increase can add hundreds to your monthly payment and tens of thousands in total interest over the life of the loan.
Compare Mortgage Rates
Use our calculator to see how different rates affect your payment.
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