$180,000 mortgage payment
- Principal & interest
- $1,138
- Property tax & insurance (est.)
- $272
- Loan amount
- $180,000
- Total interest over 30 years
- $229,580
$180k mortgage payment by interest rate
Monthly principal and interest for a $180,000 loan. Rates change daily — find the row closest to your quote.
| Rate | 15-year | 20-year | 30-year | 30-yr total interest |
|---|---|---|---|---|
| 5.00% | $1,423 | $1,188 | $966 | $167,860 |
| 5.25% | $1,447 | $1,213 | $994 | $177,828 |
| 5.50% | $1,471 | $1,238 | $1,022 | $187,927 |
| 5.75% | $1,495 | $1,264 | $1,050 | $198,155 |
| 6.00% | $1,519 | $1,290 | $1,079 | $208,509 |
| 6.25% | $1,543 | $1,316 | $1,108 | $218,985 |
| 6.50% | $1,568 | $1,342 | $1,138 | $229,580 |
| 6.75% | $1,593 | $1,369 | $1,167 | $240,292 |
| 7.00% | $1,618 | $1,396 | $1,198 | $251,116 |
| 7.25% | $1,643 | $1,423 | $1,228 | $262,050 |
| 7.50% | $1,669 | $1,450 | $1,259 | $273,091 |
| 7.75% | $1,694 | $1,478 | $1,290 | $284,235 |
| 8.00% | $1,720 | $1,506 | $1,321 | $295,479 |
Amortization schedule (30 years at 6.5%)
Early payments are mostly interest. You will have paid off half of the $180,000 balance after 22 years.
| Year | Interest paid | Principal paid | Remaining balance |
|---|---|---|---|
| Year 1 | $11,641 | $2,012 | $177,988 |
| Year 2 | $11,506 | $2,147 | $175,841 |
| Year 3 | $11,362 | $2,290 | $173,551 |
| Year 4 | $11,209 | $2,444 | $171,107 |
| Year 5 | $11,045 | $2,607 | $168,500 |
| Year 10 | $10,047 | $3,606 | $152,597 |
| Year 15 | $8,667 | $4,986 | $130,606 |
| Year 20 | $6,758 | $6,895 | $100,198 |
| Year 25 | $4,119 | $9,534 | $58,147 |
| Year 30 | $469 | $13,184 | $0 |
Frequently asked questions
What is the monthly payment on a $180,000 mortgage?
At 6.5% fixed, principal and interest is $1,138 per month on a 30-year loan and $1,568 on a 15-year loan. Adding estimated property tax and insurance ($272/month for a $225,000 home) brings the 30-year total to about $1,410.
How much income do I need for a $180,000 mortgage?
Using the common 28% rule (housing costs at most 28% of gross monthly income) and assuming 20% down, you would need roughly $60,000 per year at 6.5%. Other monthly debts lower the amount a lender will approve.
How much interest will I pay on a $180,000 loan?
Over 30 years at 6.5% you would pay $229,580 in interest — 128% of the amount borrowed. A 15-year term cuts that to $102,239, saving $127,341.
What happens if I pay an extra $100 per month?
On a 30-year loan at 6.5%, an extra $100 toward principal every month pays the mortgage off in 23 years 11 months and saves about $54,458 in interest.
Compare nearby loan amounts
Estimates assume a fixed rate, 1.1% annual property tax and 0.35% annual homeowners insurance on a home priced with 20% down. Your lender's figures will differ. This page is for education, not financial advice. Methodology.