Repayments on a $250,000 home loan
Principal & interest · 6% · 30 years
$1,498.88 per month
On a $250,000 loan at 6% over 30 years. Total interest about $289,595.47; total repaid about $539,595.47. The rate is an editable assumption — set yours below.
Mortgage repayment calculator
Principal & interest$1,498.88 per month
- Loan amount
- $250,000
- Total repaid over 30 years
- $539,595.47
- Total interest
- $289,595.47
Assumes a constant 6.00% rate over 30 years. Interest-only periods and rate changes will alter the total. Full breakdown for a $250,000 loan →
Repayment at different interest rates
| Interest rate | Monthly | Total interest | Total repaid |
|---|---|---|---|
| 5.5% p.a. | $1,419.47 | $261,010.10 | $511,010.10 |
| 6% p.a. | $1,498.88 | $289,595.47 | $539,595.47 |
| 6.5% p.a. | $1,580.17 | $318,861.22 | $568,861.22 |
Nearby loan amounts
Common questions
- What are the monthly repayments on a $250,000 home loan?
- About $1,498.88 a month on a $250,000 loan at 6% over 30 years (principal and interest). Total interest over the life of the loan is about $289,595.47. Your actual rate is set by your lender — adjust it above.
- How much does the interest rate change the repayment?
- On this $250,000 loan, 5.5% is about $1,419.47 a month, 6% is $1,498.88, and 6.5% is $1,580.17. Half a percent moves the monthly payment by roughly $79.41.
- How much interest will I pay in total?
- At 6% over 30 years you would repay about $539,595.47 in total on a $250,000 loan — roughly $289,595.47 of that is interest. Paying more than the minimum, or a shorter term, cuts the interest sharply.