Monthly payment on $325,000 by rate and term
Principal and interest on the $260,000 borrowed after a 20% deposit of $65,000. The rate is the single biggest lever, which is why it is worth shopping.
| Rate | 30 years | 20 years | 15 years |
|---|---|---|---|
| 5.50% | $1,476.25 | $1,788.51 | $2,124.42 |
| 6.00% | $1,558.83 | $1,862.72 | $2,194.03 |
| 6.50% | $1,643.38 | $1,938.49 | $2,264.88 |
| 7.00% | $1,729.79 | $2,015.78 | $2,336.95 |
| 7.50% | $1,817.96 | $2,094.54 | $2,410.23 |
| 8.00% | $1,907.79 | $2,174.74 | $2,484.70 |
Principal and interest only, before taxes, insurance and any PMI.
How the deposit changes it
| Down payment | Loan | P&I | PMI | PMI ends |
|---|---|---|---|---|
| 5% ($16,250) | $308,750 | $1,951.51 | $141.51 | month 135 |
| 10% ($32,500) | $292,500 | $1,848.80 | $134.06 | month 109 |
| 20% ($65,000) | $260,000 | $1,643.38 | — | not charged |
At 6.5% over 30 years. PMI applies above 80% loan-to-value and is cancelled automatically at 78%.
What $325,000 costs over the life of the loan
At 6.5% over 30 years on a $260,000 loan, the interest alone comes to $331,613 — on top of the amount borrowed. Shortening the term is the single biggest lever on that number:
| Term | Monthly (P&I) | Total interest | Interest saved |
|---|---|---|---|
| 30 years | $1,643 | $331,613 | — |
| 20 years | $1,938 | $205,238 | $126,376 |
| 15 years | $2,265 | $147,678 | $183,935 |
Paying it off over 15 years instead of 30 costs $622 more a month and saves $183,935 in interest.
What one percentage point of rate is worth here
On a $260,000 loan, going from 6.5% to 7.5% adds $175 a month — and $62,849 across the full term. At this size, a rate quote worth shopping for is worth more than most of the fees people negotiate instead.
The income a lender would look for
Lenders commonly cap housing costs at 28% of gross monthly income. On the full payment of $2,091 — principal, interest, tax, insurance — that implies roughly $89,627 a year before tax. It is a rule of thumb, not an underwriting decision: your other debts, credit score and deposit all move it. See what that salary looks like after tax.
Frequently asked questions
What is the monthly payment on a $325,000 house?
With 20% down at 6.5% over 30 years, principal and interest are $1,643.38 a month. Adding property tax and insurance brings the full payment to about $2,091.30.
How much do I need to put down on a $325,000 home?
20% is $65,000, which avoids PMI. At 5% down ($16,250) you would borrow $308,750 and pay an extra $141.51 a month in PMI until month 135.
How much interest does a $325,000 mortgage cost?
On the $260,000 borrowed at 6.5% over 30 years, total interest is $331,613 — about 128% of the amount borrowed. A 15-year term cuts that to $147,678.
Nearby prices
Related tools
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