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As an idea of what's your payment will be, here is an Amortization Table for a loan of $1000
(This payment is a P & I payment per month)
30 Yrs.


$4.77

$4.92

$5.07

$5.22

$5.37

$5.52

$5.68

$5.84

$6.00

$6.16

$6.32

$6.49

15 Yrs.


$7.40

$7.52

$7.65

$7.78

$7.91

$8.04

$8.17

$8.30

$8.44

$8.57

$8.71

$8.85

Rates %


4.00%

4.25%

4.50%

4.75%

5.00%

5.25%

5.50%

5.75%

6.00%

6.25%

6.50%

6.75%

Example :
500.000 loan @ 5% 30 Yrs.
500  x $5.37  = $2,685 / Mo.
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