Loan term guide · The default

30-Year Mortgage Calculator

Exact payments and total interest for a 30-year mortgage at every common rate and loan size — pre-filled with a typical purchase so you can start from real numbers.

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Rough US average: about 1.1% of the home's value per year.
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Leave at 0 if the home has no HOA.

Results update as you type. Nothing is uploaded or stored.

30-year mortgage payments by loan size

Loan amountAt 5.5%At 6.5%At 7.5%Total interest at 6.5%
$200,000$1,135.58$1,264.14$1,398.43$255,089
$300,000$1,703.37$1,896.20$2,097.64$382,633
$400,000$2,271.16$2,528.27$2,796.86$510,178
$500,000$2,838.95$3,160.34$3,496.07$637,722

Is a 30-year term right for you?

The 30-year fixed is America's standard loan — lowest required payment, maximum flexibility, and the option to prepay faster whenever cash flow allows. Its full story lives in our dedicated 30-year fixed calculator.

For the complete treatment — rate tables, 15-year comparison and strategy — open the dedicated 30-year fixed rate mortgage calculator.

Term is a budget decision first

Whatever term tempts you, run it through the affordability calculator with your real income and debts. A shorter term you can sustain beats an aggressive term that forces you to skip retirement savings or carry credit-card balances at 25% to make the house payment.

Frequently asked questions

What is the monthly payment on a 30-year mortgage?
Per $100,000 borrowed at 6.5%, principal and interest are $632.07 a month on a 30-year term, and total interest over the term is about $127,544 per $100,000. Use the table and calculator on this page for your exact loan size.
How much interest does a 30-year mortgage cost?
At 6.5%, roughly $127,544 per $100,000 borrowed — the price of the lowest possible required payment. Shorter terms also usually carry lower rates, which widens the gap further.
Who is a 30-year mortgage right for?
The 30-year fixed is America's standard loan — lowest required payment, maximum flexibility, and the option to prepay faster whenever cash flow allows. Its full story lives in our dedicated 30-year fixed calculator.
Can I switch terms later?
Not on the same loan — but you can refinance into a different term, or simply prepay a longer loan on a shorter schedule. Prepaying keeps the lower required payment as a safety net, which many borrowers prefer.

Sources & further reading

Official sources for program rules and consumer rights. Zorvex is not affiliated with these agencies; figures here are estimates for education.