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Archive for August 15th, 2008

monthly payment, principal & interest on $300000 and $500000

Friday, August 15th, 2008

Our mortgage rate chart is based on a conforming loan amount of $300,000 and a jumbo loan amount of $500,000.  Below monthly payments include the principal and interest, but not hazard insurance, mortgage insurance, taxes, or homeowners dues.  These will affect the total monthly payment.

$300,000 loan amount
% rate     Monthly payment of principal and interest
5.500       $1703.37
5.625       $1726.97
5.750       $1750.72
5.875       $1774.61
6.000       $1798.65
6.125       $1822.83
6.250       $1847.15
6.375       $1871.61
6.500       $1896.20
6.625       $1920.93
6.750       $1945.79
6.875       $1970.79
7.000       $1995.91
7.125       $2021.16
7.250       $2046.53
7.375       $2072.03
7.500       $2097.64
7.625       $2123.38
7.750       $2149.24 
$500,000 loan amount
% rate     Monthly payment of principal and interest
5.625       $2878.28
5.750       $2917.86
5.875       $2957.69
6.000       $2997.75
6.125       $3038.05
6.250       $3078.59
6.375       $3119.35
6.500       $3160.34
6.625       $3201.55
6.750       $3242.99
6.875       $3284.64
7.000       $3326.51
7.125       $3368.59
7.250       $3410.88
7.375       $3453.38
7.500       $3496.07
7.625       $3538.97
7.750       $3582.06
7.875       $3625.35
8.000       $3668.82
8.125       $3712.49
8.250       $3756.33
8.375       $3800.36
8.500       $3844.57
8.625       $3888.95
8.750       $3933.50

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