Mortgage Payment Calculator 4.8750% (You can change the Rate) Monthly Payment

4.875% for $100,000 - 30 Years Fixed Mortgage - $507
4.875% for $200,000 - 30 Years Fixed Mortgage - $1,013
4.875% for $300,000 - 30 Years Fixed Mortgage - $1,520
4.875% for $400,000 - 30 Years Fixed Mortgage - $2,027

Chart of Payments for 4.8750% Mortgage Rates

This is Old News when rates were higher than today........

...Per CNNMoney.com Lowering Mortgage Rates to 4.875% may not be the answer to saving the real estate market. While Treasury officials are not saying, lobbyists said Thursday it is aimed at reducing rates to 4.8750%. The 4.875% rate would only apply to peope buying homes, not refinancing.

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