What is the monthly payment on a $200,000 mortgage at 7% for 30 years?

Let’s break it down nice and simple:

  • Loan Amount: $200,000
  • Interest Rate: 7% (fixed)
  • Term: 30 years

💰 Estimated Monthly Payment (Principal + Interest):
➡️ About $1,330 per month


💡 Things to Remember

This does not include:

  • Property Taxes (can add $200–$400/month depending on your area)
  • Homeowners Insurance
  • HOA Fees (if applicable)

So your all-in monthly payment could be closer to $1,600–$1,700/month depending on where you buy.


At Trealtorr, we:
✅ Show you your real payment with taxes & insurance included
✅ Shop multiple lenders to find you the lowest rate possible
✅ Help you qualify for grants to lower your monthly payment even more

📲 Call or text us today at +1 (347) 831-6085 — let’s run your numbers and see how we can make that payment fit your budget!

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