To calculate your monthly mortgage payment, simply multiply the relevant number from the table below by the size of your mortgage expressed in (divided by) thousands of dollars. For example, on a 30-year mortgage of $125,000 at 7.5 percent, you multiply 125 by 7.00 (from the table) to come up with an $875 monthly payment.

Interest Rate (%) Term of Mortgage
15 years 30 years
4 7.40 4.77
4-1/8 7.46 4.85
4-1/4 7.52 4.92
4-3/8 7.59 4.99
4-1/2 7.65 5.07
4-5/8 7.71 5.14
4-3/4 7.78 5.22
4-7/8 7.84 5.29
5 7.91 5.37
5-1/8 7.98 5.45
5-1/4 8.04 5.53
5-3/8 8.11 5.60
5-1/2 8.18 5.68
5-5/8 8.24 5.76
5-3/4 8.31 5.84
5-7/8 8.38 5.92
6 8.44 6.00
6-1/8 8.51 6.08
6-1/4 8.58 6.16
6-3/8 8.65 6.24
6-1/2 8.72 6.33
6-5/8 8.78 6.41
6-3/4 8.85 6.49
6 -/8 8.92 6.57
7 8.99 6.66
7-1/8 9.06 6.74
7-1/4 9.13 6.83
7-3/8 9.20 6.91
7-1/2 9.28 7.00
7-5/8 9.35 7.08
7-3/4 9.42 7.17
7-7/8 9.49 7.26
8 9.56 7.34
8-1/8 9.63 7.43
8-1/4 9.71 7.52
8-3/8 9.78 7.61
8-1/2 9.85 7.69
8-5/8 9.93 7.78
8-3/4 10.00 7.87
8-7/8 10.07 7.96
9 10.15 8.05
9-1/8 10.22 8.14
9-1/4 10.30 8.23
9-3/8 10.37 8.32
9-1/2 10.45 8.41
9-5/8 10.52 8.50
9-3/4 10.60 8.60
9-7/8 10.67 8.69
10 10.75 8.78
10-1/8 10.83 8.87
10-1/4 10.90 8.97
10-3/8 10.98 9.06
10-1/2 11.06 9.15
10-5/8 11.14 9.25
10-3/4 11.21 9.34
10-7/8 11.29 9.43
11 11.37 9.53
11-1/4 11.53 9.72
11-1/2 11.69 9.91
11-3/4 11.85 10.10
12 12.01 10.29
12-1/4 12.17 10.48
12-1/2 12.17 10.48

*Warning: Mortgage payments are only a portion of the costs of owning a home.