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Here we will calculate what your monthly payment will be on a $242,500 mortgage. Principal and interest on a $242,500 mortgage will be: $ The monthly payment on a $242,500 mortgage is based on the interest rate and life of mortgage in the boxes below. Interest Rate:     % Loan Length:      years You can change the interest rate and number of years in the boxes above and press "Recalculate" to adjust the $242,500 mortgage payment amount shown in green above. Note that the payment on the $242,500 mortgage calculated above includes principal and interest. Many mortgages also require payments on a $242,500 mortgage to include property tax and insurance.

More information from Research Maniacs: Payment on Mortgage Calculator This page is all about payment on a $242,500 mortgage. Go here to find payment on a different mortgage amount. Payment on $242,600 Mortgage Go here for the next mortgage payment calculation on our list.