Minnesota Realtor Alex Anderson

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Reference the Table Below to Quickly Estimate Your Approximate Monthly Mortgage-Payment for a 30 or 15 Year Loan…
30 Year Loan (*Principal & Interest)
**Interest rate – 5.0% 5.5% 6.0% 6.5% 7.0% 7.5% 8.0% 8.5% 9.0% 9.5% 10.0%
***Amount financed
$50,000 $268.41 $283.89 $299.78 $316.03 $332.65 $349.61 $366.88 $384.46 $402.31 $420.23 $438.79
$100,000 $536.82 $567.79 $599.55 $632.07 $665.30 $699.21 $733.76 $768.91 $804.62 $840.85 $877.57
$125,000 $671.03 $709.74 $749.44 $790.09 $831.63 $874.02 $917.21 $961.14 $1,005.78 $1,051.07 $1,096.96
$150,000 $805.23 $851.68 $899.33 $948.10 $997.95 $1,048.82 $1,100.65 $1,153.87 $1,206.93 $1,261.28 $1,361.36
$175,000 $939.44 $993.63 $1,049.21 $1,106.12 $1,164.28 $1,223.63 $1,284.09 $1,345.60 $1,408.09 $1,471.49 $1,535.75
$200,000 $1,073.64 $1,135.58 $1,199.10 $1,264.14 $1,330.60 $1,398.42 $1,467.52 $1,537.82 $1,609.24 $1,681.70 $1,755.14
$250,000 $1,342.05 $1,419.47 $1,498.88 $1,580.17 $1,663.25 $1,748.03 $1,834.40 $1,922.28 $2,011.55 $2,101.93 $2,193.93
$300,000 $1,610.46 $1,703.37 $1,798.65 $1,896.21 $1,995.90 $2,097.63 $2,201.28 $2,306.73 $2,413.86 $2,522.55 $2,632.71
15 Year Loan (*Principal & Interest)
**Interest rate – 5.0% 5.5% 6.0% 6.5% 7.0% 7.5% 8.0% 8.5% 9.0% 9.5% 10.0%
***Amount financed
$50,000 $395.40 $408.54 $421.93 $435.55 $449.41 $463.51 $477.83 $492.37 $507.13 $522.11 $537.30
$100,000 $790.79 $817.08 $843.86 $871.11 $898.83 $927.01 $995.65 $984.74 $1,014.27 $1,044.22 $1,074.61
$125,000 $988.49 $1,021.35 $1,054.82 $1,088.88 $1,123.54 $1,158.77 $2,294.57 $1,230.92 $1,267.83 $1,305.28 $1,343.26
$150,000 $1,186.19 $1,225.63 $1,265.79 $1,306.66 $1,348.24 $1,390.52 $1,433.48 $1,477.11 $1,521.40 $1,566.34 $1,611.91
$175,000 $1,383.89 $1,429.90 $1,476.75 $1,524.44 $15.72.95 $1,622.27 $1,672.39 $1,723.29 $1,774.90 $1,827.39 $1,880.56
$200,000 $1,581.58 $1,634.16 $1,687.72 $1,742.22 $1,797.66 $1,854.02 $1,991.30 $1,969.48 $2,028.54 $2,088.44 $2,149.22
$250,000 $1,976.98 $2,042.70 $2,109.65 $2,177.77 $2,247.07 $2,317.53 $2,469.13 $2,461.85 $2,535.67 $2,610.55 $2,686.52
$300,000 $2,372.37 $2,451.24 $2,531.58 $2,613.33 $2,696.49 $2,781.03 $2,986.95 $2,954.22 $3,042.81 $3,132.66 $3,223.83
*Full monthly mortgage payment will also typically include annual taxes and insurance
**Actual APR (Annual Percentage Rate) will be greater
***These are examples of loans that pay off loan balance in its entirety at the end of the loan term

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