Southern Heritage Realty, Inc.

Calculate Your Payment

Mortgage payments vary, depending on the amount borrowed, the term of the loan, and the interest rate. By locating the amount you must borrow (the price of the house less your down payment) and then moving along that line to the appropriate interest rate, you can use this chart to get an idea of what your monthly payment will be with a standard 30 – year fixed rate mortgage. Remember, however, that since your monthly payment will very likely include property taxes and hazard insurance, the amount you will actually pay each month will be somewhat larger.

MONTHLY PAYMENT BASED ON 30 YEAR MORTGAGE
Loan Amount	Interest Rate
	5.50%	6%	6.50%	7%	7.50%	8%	8.50%
$20,000	114	120	126	133	140	147	154
$25,000	142	150	158	166	175	183	192
$30,000	171	180	190	200	210	220	231
$35,000	199	210	221	233	245	257	269
$40,000	227	240	253	266	280	293	308
$45,000	256	270	284	299	315	330	346
$50,000	284	300	316	333	350	367	384
$55,000	312	330	348	366	385	404	423
$60,000	340	360	379	399	420	440	461
$65,000	369	390	411	432	454	477	500
$70,000	397	420	442	466	489	514	538
$75,000	426	450	474	499	524	550	577
$80,000	454	480	506	532	559	587	615
$85,000	483	510	537	566	594	624	654
$90,000	511	540	569	599	629	660	692
$95,000	539	570	600	632	664	697	730
$100,000	568	600	632	665	699	734	769
$110,000	625	660	695	732	769	807	846
$120,000	681	719	758	798	839	880	923
$130,000	738	779	822	865	909	954	1000
$140,000	795	839	885	931	979	1027	1076
$150,000	852	899	948	998	1049	1101	1153
$160,000	908	959	1011	1064	1119	1174	1230
$170,000	965	1019	1075	1131	1189	1247	1307
$180,000	1022	1079	1138	1198	1259	1321	1384
$190,000	1079	1139	1201	1264	1329	1394	1461
$200,000	1136	1199	1264	1331	1398	1468	1538