Forward Bank
Monthly Mortgage Payment Guide
Once you know approximately how much home is in your price range, use the guide below to estimate your monthly payments based on the principal and interest.
Monthly Mortgage Payment Guide
| Mortgage Amount | 4% APR | 5% APR | 6% APR | 7% APR | 8% APR |
|---|---|---|---|---|---|
| $60,000 | $286 | $322 | $360 | $399 | $440 |
| $80,000 | $386 | $429 | $480 | $532 | $587 |
| $100,000 | $477 | $537 | $600 | $665 | $734 |
| $120,000 | $573 | $644 | $719 | $798 | $881 |
| $140,000 | $668 | $751 | $839 | $931 | $1,028 |
| $160,000 | $764 | $859 | $959 | $1,064 | $1,174 |
| $180,000 | $859 | $966 | $1,079 | $1,198 | $1,321 |
| $200,000 | $955 | $1,074 | $1,199 | $1,331 | $1,468 |