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30-year mortgage interest rate, 6.99%Today’s mortgage interest rate for a 30-year fixed-rate loan is 6.99%, which is unchanged from yesterday.While rates can fluctuate, it’s important to understand how they impact your monthly payment. For example, the monthly payment for a $250,000 mortgage with a 30-year term and a fixed interest rate of 5.50% would be $1,419.47. The principal and interest for the same mortgage with a 6.50% fixed rate would be $1,580.17 per month.20-year mortgage interest rate, 6.75%The mortgage interest rate for a 20-year fixed-rate loan is 6.75%, which is 0.13 percentage points lower than yesterday.Here’s how slight variations can influence your payment. The monthly principal and interest for a $250,000 mortgage with a 20-year term and fixed interest rate of 5.00% would be $1,649.89, while the monthly payment for the same loan with a 6.00% interest rate would be $1,791.08.15-year mortgage interest rate, 6.25%Today’s interest rate for a 15-year fixed-rate mortgage is 6.25%, which is unchanged from yesterday.The monthly payment for a $250,000 mortgage with a 15-year term and a fixed interest rate of 4.75% would be $1,944.48. The payment for the same loan with a 5.75% interest rate would be $2,076.03.10-year mortgage interest rate, 6.13%The interest rate for a 10-year fixed-rate mortgage is 6.13%, which is unchanged from yesterday.Small changes in interest rates can impact your monthly payment. For example, the monthly payment for a $250,000 mortgage with a 10-year term and a fixed interest rate of 4.50% would be $2,590.96. The monthly payment for the same loan with a 5.50% interest rate would be $2,713.16.
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