Use the mortgage calculator to calculate the cost of buying a $134k home. Change the numbers to see different options.
This calc can be used for car loans, debt, real estate, home purchase, etc.
Can I afford a 134,000 dollar house? It depends.
In addition to the mortgage payment, a home also has insurance, maintenance, and taxes.
Taxes can vary drastically by area. A very rough estimate is to not spend more than 30% of your income
on housing.
How do I get a mortgage? A simple first step is to talk to a local banker and fill out a mortgage application. Then consider other offers, either local or online.
How much of a down payment should I make? Here's a little chart that shows monthly payments based on down payment for a $134,000 house.
$134,000 Home at 2%
| 0% down | $495.29/mo |
| 5% down | $470.53/mo |
| 10% down | $445.76/mo |
| 15% down | $421.00/mo |
| 20% down | $396.23/mo |
| 25% down | $371.47/mo |
| 30% down | $346.70/mo |
| 35% down | $321.94/mo |
| 40% down | $297.17/mo |
| 45% down | $272.41/mo |
| 50% down | $247.65/mo |
$134,000 Home at 4%
| 0% down | $639.74/mo |
| 5% down | $607.75/mo |
| 10% down | $575.76/mo |
| 15% down | $543.78/mo |
| 20% down | $511.79/mo |
| 25% down | $479.80/mo |
| 30% down | $447.82/mo |
| 35% down | $415.83/mo |
| 40% down | $383.84/mo |
| 45% down | $351.86/mo |
| 50% down | $319.87/mo |
$134,000 Home at 6%
| 0% down | $803.40/mo |
| 5% down | $763.23/mo |
| 10% down | $723.06/mo |
| 15% down | $682.89/mo |
| 20% down | $642.72/mo |
| 25% down | $602.55/mo |
| 30% down | $562.38/mo |
| 35% down | $522.21/mo |
| 40% down | $482.04/mo |
| 45% down | $441.87/mo |
| 50% down | $401.70/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.