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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.

What are the monthly payments for a $200K loan?

The monthly payments for a $200K loan are $1,323.90 and $276,602.49 in total interest payments on a 30 year term with a 6.95% interest rate. There might be other costs such as taxes and insurance. Following is a table that shows the monthly mortgage payments for $200,000 over 30 years and 15 years with different interest rates.

Should I take out a $200,000 mortgage?

When you take out a $200,000 mortgage, your principal and interest aren’t the only costs you'll need to account for. You’ll also need to factor in some money upfront, as well as additional money each month to cover other recurring expenses that may be rolled into your mortgage payment.

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