{"id":60700,"date":"2025-07-29T15:02:50","date_gmt":"2025-07-29T22:02:50","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=60700"},"modified":"2025-07-30T14:02:22","modified_gmt":"2025-07-30T21:02:22","slug":"buyer-average-mortgage-payment","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/buyer-average-mortgage-payment\/","title":{"rendered":"What Is an Average Mortgage Payment? (Try Our Calculator)"},"content":{"rendered":"

For most people, homeownership is a financial balancing act. Whether you\u2019re buying your first house<\/a> or selling your current home to buy your next one<\/a>, that monthly payment is an ever-present part of the American Dream.<\/p>\n

In this post, you can compare your monthly home loan or rent payment with the average mortgage payment in the U.S. You can also use our Average Mortgage Payment Calculator to see what you can expect before your next move.<\/p>\n

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What is the average mortgage payment?<\/h2>\n

According to the latest data from Mortgage Bankers Association, the national median monthly mortgage payment in the U.S. is $2,211<\/a>. This figure includes principal and interest based on current loan application data and assumes a 30-year fixed-rate mortgage.<\/p>\n

We\u2019re presenting the \u201cmedian<\/a>\u201d estimate rather than the average mortgage payment because most industry sources don\u2019t track averages. That\u2019s because averages can be skewed by a small number of high or low payments.<\/p>\n

However, as a borrower, you can figure out what your average mortgage payment might be by calculating your loan\u2019s estimated principal, interest, taxes, and insurance (PITI<\/a>).<\/p>\n