Mortgage Calculator
Mortgage Payment on a $250,000 House
Shoppers searching this query want a dollar figure, not a blank form. Below is a $250,000 starting point with 20% down. Edit the rate if your quote is not 6.5%.
Quick Answer: A $250,000 house with 20% down ($50,000) at 6.5% for 30 years is about $1,264 a month for principal and interest, or about $1,587 with 1.2% tax and 0.35% insurance.
$250,000 home payment
What this result means
At 20% down there is typically no conventional PMI. Drop the down payment and PMI will appear.
A 1% rate change on a $200,000 loan is roughly $130 a month of P&I. Use the slider inputs to see that before you bid.
Worked example
Worked example: price $250,000, down $50,000, loan $200,000, 6.5% 30-year. P&I ≈ $1,264. Tax ≈ $250. Insurance ≈ $73. Total ≈ $1,587. At 7% P&I rises to about $1,331. Educational only.
Principal & interest at common rates (20% down)
$250,000 price, $50,000 down, 30-year fixed — loan $200,000. Taxes, insurance, and PMI are extra.
| Rate | P&I / month |
|---|---|
| 6.0% | ~$1,199 |
| 6.5% | ~$1,264 |
| 7.0% | ~$1,331 |
| 7.5% | ~$1,399 |
| 8.0% | ~$1,468 |
With 10% down (PMI likely)
Loan $225,000 at 6.5% → P&I ~$1,422 before PMI, tax, and insurance. Use the calculator above to model 5% down.
Taxes and insurance vary by state
Many buyers budget 1.0%–1.4% of home value per year for property tax and 0.3%–0.5% for homeowners insurance nationally — high-tax or coastal states can run higher. See how property taxes affect payments.