Posted on: 15th Mar, 2010 08:59 am
im looking for a 30year fixed rate or a 15 year fixed rate what would be montly payment
Hi leoonthego,
The present interest rate for a 30 year mortgage is around 5.07%. You have mentioned that your loan amount is $60,000. Your monthly mortgage payments would be $ 324.66 as per the FRM calculator.
The interest rate for a 15 year mortgage is approximately 4.36%. By using the same calculator, your monthly mortgage payment would be $ 454.71.
Take care.
The present interest rate for a 30 year mortgage is around 5.07%. You have mentioned that your loan amount is $60,000. Your monthly mortgage payments would be $ 324.66 as per the FRM calculator.
The interest rate for a 15 year mortgage is approximately 4.36%. By using the same calculator, your monthly mortgage payment would be $ 454.71.
Take care.