Mortgage › $150,000 mortgage
$150,000 mortgage payment (2026)
A $150,000 30-year fixed mortgage at today's average rate of 6.76% costs $974 a month in principal and interest — $200,602 of interest over the life of the loan. A 15-year loan at 6.09% is $1,273 a month and $79,156 in interest. Add taxes, insurance and PMI below to see the full payment.
Default rate: 6.76% on a 30-year fixed and 6.09% on a 15-year — the Freddie Mac PMMS national average as of 2026-09-10 (source). Updated automatically every Thursday. Your quote depends on credit score, points and lender.
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Result
| Year | Principal | Interest | Balance |
|---|
$150,000 mortgage by interest rate
| Rate | Monthly P&I | Total interest | 15-year P&I |
|---|---|---|---|
| 5% | $805 | $139,884 | $1,186 |
| 5.5% | $852 | $156,606 | $1,226 |
| 5.75% | $875 | $165,129 | $1,246 |
| 6% | $899 | $173,757 | $1,266 |
| 6.25% | $924 | $182,487 | $1,286 |
| 6.5% | $948 | $191,317 | $1,307 |
| 6.75% | $973 | $200,243 | $1,327 |
| 7% | $998 | $209,263 | $1,348 |
| 7.25% | $1,023 | $218,375 | $1,369 |
| 7.5% | $1,049 | $227,576 | $1,391 |
| 8% | $1,101 | $246,233 | $1,433 |
Other loan amounts
Frequently asked
What income do I need for a $150,000 mortgage?
Lenders usually cap housing costs at 28% of gross income. With taxes and insurance the payment is about $1,296 a month, which needs roughly $55,553 a year before other debts. Check the affordability calculator.
How much is $150,000 at 7%?
$998 a month on a 30-year term, $1,348 on 15 years.