This calculator determines the monthly payment of a loan or mortgage based on an interest rate and length. It also calculates the total interest and total amount paid over the entire term of the loan. Subtract your down payment from the purchase price to obtain the principal amount for the loan.

Written mortgage illustrations available upon request. Borrowers must be aged 18 or over. Post Office Limited is an appointed representative of Bank of Ireland (UK) plc which is authorised by the Prudential Regulation Authority and regulated by the financial conduct authority and the Prudential Regulation Authority, FRN 512956.

This mortgage calculation illustrates the monthly mortgage repayments on a 150,000.00 Mortgage. You can edit the mortgage amount, mortgage interest rate and the amount you want to borrow to produce a new mortgage calculation edit amount to suit.

Printable payment plan for a $150,000 mortgage for 30 years with a 4.75 percent interest rate

Therefore, in general terms, I would probably not pay off the balance on this mortgage because home mortgages are usually. see you invest it for retirement and continue to make the monthly.

We have calculated the monthly payments on a borrowing of 150,000 repaid over a typical 25 year repayment period. See the repayments for 150K for both interest only and on capital repayment terms. See costs and fees for all products across the whole range of fixed rate, variable rate, tracker and discounted mortgages.

With a 30-year fixed-rate mortgage, you have a lower monthly payment but you’ll pay more in interest over time. A 15-year fixed-rate mortgage has a higher monthly payment (because you’re paying off the loan over 15 years instead of 30 years), but you can save thousands in interest over the life of the loan.

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If I borrowed 150,000 from the bank what would my mortgage payment be? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

Amortization Schedule. Amount of Loan: Annual Interest Rate (in percent) Length of Loan (in months) Total Payments $193,018.29: Total Interest $43,018.29: Number of Monthly Payments 180: monthly payment ,072.32: Payment Number Beginning Balance Interest Payment Principal Payment Ending Balance.