30-Year Fixed Mortgage Calculator 2026

Calculate your exact monthly payment, total interest, and full amortization schedule for a 30-year fixed-rate mortgage. Updated with February 2026 rates (6.10%).

QUICK ANSWER: 30-Year Fixed Mortgage Payments at 6.10% (Feb 2026)

$200K loan = $1,214/mo | $280K loan = $1,700/mo | $350K loan = $2,125/mo | $450K loan = $2,732/mo (principal & interest only). Add ~$400-600/mo for taxes, insurance, and PMI for your total payment.

30-Year Fixed Monthly Payments by Loan Amount & Rate

Loan Amount6.10%6.25%6.50%6.75%
$150,000$912$923$949$974
$200,000$1,214$1,231$1,264$1,297
$280,000$1,700$1,723$1,770$1,816
$350,000$2,125$2,154$2,212$2,270
$450,000$2,732$2,769$2,844$2,919
$550,000$3,339$3,384$3,476$3,568
$700,000$4,249$4,307$4,423$4,539

Principal & interest only. Does not include property taxes, insurance, or PMI. Current avg 30-yr rate: 6.10% (Feb 2026, Freddie Mac).

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Mortgage Calculator

Monthly Payment

$1,616

Principal & Interest:$1,216
Property Tax:$300
Home Insurance:$100

Payment Breakdown

Loan Summary

Total Principal:$240,000
Total Interest:$197,776
Total Cost:$437,776

Understanding Your Mortgage

Principal vs Interest

In the early years of your mortgage, most of your monthly payment goes toward interest. As you pay down your loan, more goes toward principal.

Extra Payments

Making even small additional payments can significantly reduce your loan term and save thousands in interest over the life of your loan.

Amortization

An amortization schedule shows how your loan balance decreases over time as you make payments, eventually reaching zero at the end of your loan term.

30-Year vs 15-Year Mortgage: Which Is Better in 2026?

Factor
30-Year Fixed
15-Year Fixed
Current Rate (Feb 2026)
6.10%
5.50%
Monthly Payment ($280K)
$1,700
$2,289
Monthly Difference
+$589/mo more
Total Interest Paid
$331,615
$131,982
Interest Savings
$199,633 saved
Total Cost
$611,615
$411,982
Build Equity Faster
Slower
2x faster
Best For
Lower payments, flexibility
Saving interest, faster payoff

How Extra Payments Reduce Your 30-Year Mortgage

On a $280,000 loan at 6.10%, here's what extra monthly payments do:

Extra Payment/MoPayoff TimeYears SavedInterest Saved
$0 (standard)30 years
+$100/mo26 years4 years$47,000
+$200/mo23 years7 years$83,000
+$500/mo18 years12 years$148,000
+$589/mo (= 15-yr pmt)15 years15 years$199,633

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