$100,000 mortgage payment by interest rate
| Rate | 30 years | 20 years | 15 years |
|---|---|---|---|
| 5% | $537 | $660 | $791 |
| 5.5% | $568 | $688 | $817 |
| 6% | $600 | $716 | $844 |
| 6.5% | $632 | $746 | $871 |
| 7% | $665 | $775 | $899 |
| 7.5% | $699 | $806 | $927 |
| 8% | $734 | $836 | $956 |
Monthly principal and interest only.
Total interest on a $100,000 mortgage
| Rate | 30 years | 15 years |
|---|---|---|
| 5% | $93,256 | $42,343 |
| 5.5% | $104,404 | $47,075 |
| 6% | $115,838 | $51,894 |
| 6.5% | $127,544 | $56,799 |
| 7% | $139,509 | $61,789 |
| 7.5% | $151,717 | $66,862 |
| 8% | $164,155 | $72,017 |
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Frequently asked questions
What is the monthly payment on a $100,000 mortgage?
At 6.5% for 30 years, a $100,000 mortgage costs $632.07 a month in principal and interest. On a 15-year term at the same rate it's $871.11. Property tax, insurance and any PMI are extra.
How much income do I need for a $100,000 mortgage?
Using the common 28% rule and allowing about $167 a month for property tax and insurance, you'd need a household income of roughly $34,231 a year at 6.5% for 30 years.
How much interest will I pay on a $100,000 mortgage?
Over 30 years at 6.5%, total interest is about $127,544. A 15-year loan at the same rate costs about $56,799, much less, but with higher monthly payments.
Other loan amounts
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Estimates for general information only, not financial advice. See how we calculate.