Report post

What is the monthly payment for a $200,000 mortgage?

The monthly payment for a $200,000 mortgage is $1,323.90 over 30 years with a 6.95% interest rate.

How much interest do you pay on a 30-year mortgage?

Fetching your data... On a 30-year $200,000 mortgage with a 7.00% fixed interest rate, plan to pay around $279,018 in interest over the life of your loan. If you instead opt for a 15-year mortgage, you may pay around $123,578 in interest over the life of your loan — or about half of the interest you’d pay on a 30-year mortgage.

How much does a 30-year mortgage cost?

At a 7.00% fixed interest rate, your monthly payment on a 30-year $200,0000 mortgage might total $1,331 a month, while a 15-year might cost $1,798 a month. Compare top brands by home loan type, state availability and credit score. Select See rates to provide the lender with basic property and financial details for personalized rates.

The World's Leading Crypto Trading Platform

Get my welcome gifts