Average Monthly Mortgage Payment 2025. According to forecasts, mortgage rates are generally expected to trend downward through 2024 and into 2025. With a 20% down payment and an interest rate of 6.11%, the monthly payment would be $2,062 (not including taxes or home insurance), $88 cheaper than in august.

Of the 60% of uninsured clients expected to face higher rates, the average monthly payment increase will be $513, or 22%. What is the best time of year to buy a house?