🇺🇸 Rates as of Oct 29, 2026
FREDDIE MAC PMMS · OCTOBER 29, 2026

Mortgage Payment by Loan Amount

Monthly payments for every $25,000 from $100,000 to $1,000,000 at today's average rates — 7.24% for a 30-year fixed and 6.60% for a 15-year fixed — plus tax, insurance and the income you need.

ESTIMATE

Principal & interest use the standard amortization formula. Headline uses the Freddie Mac PMMS national average for the week of October 29, 2026 (30-year fixed 7.24%, 15-year fixed 6.60%); your quoted rate depends on credit score, points, loan type and location. PITI assumes 20% down (no PMI), no HOA. Try your own numbers in the mortgage calculator.

Today's average rates

30-year fixed · Freddie Mac PMMS7.24%week of October 29, 2026 · prior week 7.32% · year ago 6.17%
15-year fixed
6.60%
15-year, prior week / year ago
6.68% / 5.41%
Calculate your own payment →

Pick a loan amount

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Monthly payment for every loan amount

P&I = principal and interest. PITI adds property tax (0.9%/yr) and insurance, assuming 20% down. Income uses the 28% housing rule.

Loan30-yr P&I15-yr P&IPITI 30-yrIncome needed
$100,000$681$877$840$36,004
$125,000$852$1,096$1,050$45,005
$150,000$1,022$1,315$1,260$54,006
$175,000$1,193$1,534$1,470$63,007
$200,000$1,363$1,753$1,680$72,008
$225,000$1,533$1,972$1,890$81,009
$250,000$1,704$2,192$2,100$90,010
$275,000$1,874$2,411$2,310$99,011
$300,000$2,044$2,630$2,520$108,012
$325,000$2,215$2,849$2,730$117,013
$350,000$2,385$3,068$2,940$126,014
$375,000$2,556$3,287$3,150$135,015
$400,000$2,726$3,506$3,360$144,016
$425,000$2,896$3,726$3,570$153,017
$450,000$3,067$3,945$3,780$162,018
$475,000$3,237$4,164$3,990$171,019
$500,000$3,407$4,383$4,200$180,020
$525,000$3,578$4,602$4,410$189,021
$550,000$3,748$4,821$4,621$198,022
$575,000$3,919$5,041$4,831$207,023
$600,000$4,089$5,260$5,041$216,024
$625,000$4,259$5,479$5,251$225,025
$650,000$4,430$5,698$5,461$234,026
$675,000$4,600$5,917$5,671$243,027
$700,000$4,770$6,136$5,881$252,028
$725,000$4,941$6,355$6,091$261,029
$750,000$5,111$6,575$6,301$270,030
$775,000$5,282$6,794$6,511$279,031
$800,000$5,452$7,013$6,721$288,032
$825,000$5,622$7,232$6,931$297,032
$850,000$5,793$7,451$7,141$306,033
$875,000$5,963$7,670$7,351$315,034
$900,000$6,133$7,890$7,561$324,035
$925,000$6,304$8,109$7,771$333,036
$950,000$6,474$8,328$7,981$342,037
$975,000$6,645$8,547$8,191$351,038
$1,000,000$6,815$8,766$8,401$360,039

How these payments are calculated

The monthly principal and interest payment is M = P × r ÷ (1 − (1 + r)−n), where P is the loan amount, r the monthly rate (annual rate ÷ 12) and n the number of payments (360 for 30 years, 180 for 15). Property tax and insurance are added to estimate PITI; with less than 20% down add PMI, and add HOA dues if any.

FAQ

What is the average 30-year mortgage rate right now?

Freddie Mac's Primary Mortgage Market Survey put the average 30-year fixed rate at 7.24% and the 15-year at 6.60% for the week of October 29, 2026, down from 7.32% the prior week but above 6.17% a year earlier.

What is the payment on a $300,000 mortgage?

About $2,044 a month in principal and interest on a 30-year loan at 7.24%, or roughly $2,520 with estimated property tax and insurance.

How much income do I need for a $400,000 mortgage?

About $144,016 a year under the 28% housing rule, based on an estimated $3,360 monthly payment including tax and insurance at 7.24%.

What is PITI?

PITI stands for principal, interest, property taxes and insurance — the full monthly housing payment most lenders use to measure affordability. These pages estimate tax at 0.9% of the home price and insurance from the 2026 national average.

Sources