Use the mortgage calculator to calculate the cost of buying a $152k 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 152,000 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 $152,000 house.
$152,000 Home at 2%
| 0% down | $561.82/mo |
| 5% down | $533.73/mo |
| 10% down | $505.64/mo |
| 15% down | $477.55/mo |
| 20% down | $449.46/mo |
| 25% down | $421.37/mo |
| 30% down | $393.28/mo |
| 35% down | $365.18/mo |
| 40% down | $337.09/mo |
| 45% down | $309.00/mo |
| 50% down | $280.91/mo |
$152,000 Home at 4%
| 0% down | $725.67/mo |
| 5% down | $689.39/mo |
| 10% down | $653.10/mo |
| 15% down | $616.82/mo |
| 20% down | $580.54/mo |
| 25% down | $544.25/mo |
| 30% down | $507.97/mo |
| 35% down | $471.69/mo |
| 40% down | $435.40/mo |
| 45% down | $399.12/mo |
| 50% down | $362.84/mo |
$152,000 Home at 6%
| 0% down | $911.32/mo |
| 5% down | $865.75/mo |
| 10% down | $820.19/mo |
| 15% down | $774.62/mo |
| 20% down | $729.05/mo |
| 25% down | $683.49/mo |
| 30% down | $637.92/mo |
| 35% down | $592.36/mo |
| 40% down | $546.79/mo |
| 45% down | $501.22/mo |
| 50% down | $455.66/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.