$500,000 mortgage payment

Your payment, your payoff plan. Free, no ads, no signup.

Enter any one; the other three fill in automatically.

Interest-only options
National average mortgage rates
Today's mortgage rates (national averages, Mortgage News Daily, November 7, 2026): 30-yr fixed 7.17% · 15-yr fixed 6.83% · FHA 30-yr 6.82% · VA 30-yr 6.84% · Jumbo 30-yr 7.38%

National averages, not a lender quote. The date is the retrieval date; actual lender pricing varies.

Created for Phil Stevenson, Mortgage Nerd®, NMLS 365768. Calculation methods and limitations.

How much is a $500,000 mortgage?

At an illustrative 6.5% fixed rate, principal and interest on a $500,000 loan are $3,160.34 per month over 30 years, or $4,355.54 over 15 years. These are examples, not current rate offers.

Example rate / Tasa30 years / años15 years / años
5.5%$2,838.95$4,085.42
6%$2,997.75$4,219.28
6.5%$3,160.34$4,355.54
7%$3,326.51$4,494.14
7.5%$3,496.07$4,635.06

Customize the estimate above

The calculator starts with a $500,000 loan, 20% down and a 6.5% rate. The assumed home value is $625,000. Change those inputs and enter your taxes, home insurance and HOA to estimate the payment for your situation. A lower down payment can add mortgage insurance. Loan limits and program eligibility vary.

Compare all loan amounts · Explore an amortization schedule