Short answer: a $300,000 house with 20% down costs about $1,859 a month ($1,636 principal and interest plus $223 property tax) at 7.24%. Each extra $50k of price adds about $309 a month.
Monthly payment by home price (20% down, 30 years, 7.24%)
Download the CSV. Property tax uses the U.S. median effective rate of 0.89% a year.
| Home price | Down payment | Loan | Principal & interest | Property tax | Monthly payment | Income needed (28%) |
|---|---|---|---|---|---|---|
| $100,000 | $20,000 | $80,000 | $545 | $74 | $619 | $26,500 |
| $150,000 | $30,000 | $120,000 | $818 | $111 | $929 | $39,800 |
| $200,000 | $40,000 | $160,000 | $1,090 | $149 | $1,239 | $53,100 |
| $250,000 | $50,000 | $200,000 | $1,363 | $186 | $1,549 | $66,400 |
| $300,000 | $60,000 | $240,000 | $1,636 | $223 | $1,859 | $79,700 |
| $350,000 | $70,000 | $280,000 | $1,908 | $260 | $2,168 | $92,900 |
| $400,000 | $80,000 | $320,000 | $2,181 | $297 | $2,478 | $106,200 |
| $450,000 | $90,000 | $360,000 | $2,453 | $334 | $2,787 | $119,400 |
| $500,000 | $100,000 | $400,000 | $2,726 | $372 | $3,098 | $132,800 |
| $550,000 | $110,000 | $440,000 | $2,999 | $409 | $3,408 | $146,100 |
| $600,000 | $120,000 | $480,000 | $3,271 | $446 | $3,717 | $159,300 |
| $650,000 | $130,000 | $520,000 | $3,544 | $483 | $4,027 | $172,600 |
| $700,000 | $140,000 | $560,000 | $3,816 | $520 | $4,336 | $185,800 |
| $750,000 | $150,000 | $600,000 | $4,089 | $557 | $4,646 | $199,100 |
| $800,000 | $160,000 | $640,000 | $4,362 | $595 | $4,957 | $212,400 |
| $850,000 | $170,000 | $680,000 | $4,634 | $632 | $5,266 | $225,700 |
| $900,000 | $180,000 | $720,000 | $4,907 | $669 | $5,576 | $239,000 |
| $950,000 | $190,000 | $760,000 | $5,179 | $706 | $5,885 | $252,200 |
| $1,000,000 | $200,000 | $800,000 | $5,452 | $743 | $6,195 | $265,500 |
Monthly payment by loan amount and rate (30-year fixed)
Principal and interest only. Find your loan amount (price minus down payment) and your quoted rate.
| Loan amount | 5.5% | 6% | 6.5% | 7% | 7.5% | 8% |
|---|---|---|---|---|---|---|
| $100,000 | $568 | $600 | $632 | $665 | $699 | $734 |
| $150,000 | $852 | $899 | $948 | $998 | $1,049 | $1,101 |
| $200,000 | $1,136 | $1,199 | $1,264 | $1,331 | $1,398 | $1,468 |
| $250,000 | $1,419 | $1,499 | $1,580 | $1,663 | $1,748 | $1,834 |
| $300,000 | $1,703 | $1,799 | $1,896 | $1,996 | $2,098 | $2,201 |
| $350,000 | $1,987 | $2,098 | $2,212 | $2,329 | $2,447 | $2,568 |
| $400,000 | $2,271 | $2,398 | $2,528 | $2,661 | $2,797 | $2,935 |
| $450,000 | $2,555 | $2,698 | $2,844 | $2,994 | $3,146 | $3,302 |
| $500,000 | $2,839 | $2,998 | $3,160 | $3,327 | $3,496 | $3,669 |
| $550,000 | $3,123 | $3,298 | $3,476 | $3,659 | $3,846 | $4,036 |
| $600,000 | $3,407 | $3,597 | $3,792 | $3,992 | $4,195 | $4,403 |
| $650,000 | $3,691 | $3,897 | $4,108 | $4,324 | $4,545 | $4,769 |
| $700,000 | $3,975 | $4,197 | $4,424 | $4,657 | $4,895 | $5,136 |
| $750,000 | $4,258 | $4,497 | $4,741 | $4,990 | $5,244 | $5,503 |
| $800,000 | $4,542 | $4,796 | $5,057 | $5,322 | $5,594 | $5,870 |
| $850,000 | $4,826 | $5,096 | $5,373 | $5,655 | $5,943 | $6,237 |
| $900,000 | $5,110 | $5,396 | $5,689 | $5,988 | $6,293 | $6,604 |
| $950,000 | $5,394 | $5,696 | $6,005 | $6,320 | $6,643 | $6,971 |
| $1,000,000 | $5,678 | $5,996 | $6,321 | $6,653 | $6,992 | $7,338 |
Monthly payment by loan amount and rate (15-year fixed)
15-year loans usually carry a lower rate than 30-year loans, so compare at the rate you are actually quoted.
| Loan amount | 5.5% | 6% | 6.5% | 7% | 7.5% | 8% |
|---|---|---|---|---|---|---|
| $100,000 | $817 | $844 | $871 | $899 | $927 | $956 |
| $150,000 | $1,226 | $1,266 | $1,307 | $1,348 | $1,391 | $1,433 |
| $200,000 | $1,634 | $1,688 | $1,742 | $1,798 | $1,854 | $1,911 |
| $250,000 | $2,043 | $2,110 | $2,178 | $2,247 | $2,318 | $2,389 |
| $300,000 | $2,451 | $2,532 | $2,613 | $2,696 | $2,781 | $2,867 |
| $350,000 | $2,860 | $2,953 | $3,049 | $3,146 | $3,245 | $3,345 |
| $400,000 | $3,268 | $3,375 | $3,484 | $3,595 | $3,708 | $3,823 |
| $450,000 | $3,677 | $3,797 | $3,920 | $4,045 | $4,172 | $4,300 |
| $500,000 | $4,085 | $4,219 | $4,356 | $4,494 | $4,635 | $4,778 |
| $550,000 | $4,494 | $4,641 | $4,791 | $4,944 | $5,099 | $5,256 |
| $600,000 | $4,903 | $5,063 | $5,227 | $5,393 | $5,562 | $5,734 |
| $650,000 | $5,311 | $5,485 | $5,662 | $5,842 | $6,026 | $6,212 |
| $700,000 | $5,720 | $5,907 | $6,098 | $6,292 | $6,489 | $6,690 |
| $750,000 | $6,128 | $6,329 | $6,533 | $6,741 | $6,953 | $7,167 |
| $800,000 | $6,537 | $6,751 | $6,969 | $7,191 | $7,416 | $7,645 |
| $850,000 | $6,945 | $7,173 | $7,404 | $7,640 | $7,880 | $8,123 |
| $900,000 | $7,354 | $7,595 | $7,840 | $8,089 | $8,343 | $8,601 |
| $950,000 | $7,762 | $8,017 | $8,276 | $8,539 | $8,807 | $9,079 |
| $1,000,000 | $8,171 | $8,439 | $8,711 | $8,988 | $9,270 | $9,557 |
Common questions
What is the mortgage payment on a $300k house?
With 20% down ($60,000) on a 30-year fixed loan at 7.24%, the payment on a $300,000 house is about $1,636 a month for principal and interest, or about $1,859 with property tax at the U.S. median rate. You would need roughly $79,700 a year in gross income to keep that under 28% of income.
What is the mortgage payment on a $400k house?
With 20% down ($80,000) on a 30-year fixed loan at 7.24%, the payment on a $400,000 house is about $2,181 a month for principal and interest, or about $2,478 with property tax at the U.S. median rate. You would need roughly $106,200 a year in gross income to keep that under 28% of income.
What is the mortgage payment on a $500k house?
With 20% down ($100,000) on a 30-year fixed loan at 7.24%, the payment on a $500,000 house is about $2,726 a month for principal and interest, or about $3,098 with property tax at the U.S. median rate. You would need roughly $132,800 a year in gross income to keep that under 28% of income.
What is the mortgage payment on a $250k house?
With 20% down ($50,000) on a 30-year fixed loan at 7.24%, the payment on a $250,000 house is about $1,363 a month for principal and interest, or about $1,549 with property tax at the U.S. median rate. You would need roughly $66,400 a year in gross income to keep that under 28% of income.
How much is the payment on a $400k loan?
A $400,000 loan costs $2,726 a month at 7.24% over 30 years, $2,398 at 6% and $2,661 at 7%. Over 15 years at 6% it is $3,375.
How we calculated it
- Principal and interest use the standard fixed-rate loan formula, M = P × r(1+r)n / ((1+r)n − 1), the same one behind our mortgage payment calculator. Amounts are rounded to the dollar.
- Rate: 7.24%, the Freddie Mac Primary Mortgage Market Survey 30-year average for the week of October 29, 2026.
- Property tax: 0.89% of the home price a year, the U.S. median real estate tax divided by the median home value (Census ACS). Your local rate may be far higher or lower; see mortgage payment by state.
- Income needed: the gross yearly income at which the monthly payment equals 28% of income, rounded to the nearest $100.
- Not included: homeowners insurance, HOA dues and mortgage insurance (PMI), which usually applies when you put down less than 20%.
For your exact price, down payment, rate, insurance and HOA, use the mortgage payment calculator or check how much house you can afford.
Use this data
Free to use in articles, reports and classes under CC BY 4.0. Please credit FlareLodge with a link to this page:
FlareLodge, "Mortgage Payment by Home Price and Loan Amount" (2026-11-04), https://flarelodge.com/data/mortgage-payment-by-loan-amount/.
Sources
- Freddie Mac, Primary Mortgage Market Survey, via FRED
- U.S. Census Bureau, American Community Survey (median home value and real estate taxes)