Use the mortgage calculator to calculate the cost of buying a $179k 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 179,000 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 $179,000 house.
$179,000 Home at 2%
| 0% down | $661.62/mo |
| 5% down | $628.54/mo |
| 10% down | $595.46/mo |
| 15% down | $562.38/mo |
| 20% down | $529.30/mo |
| 25% down | $496.21/mo |
| 30% down | $463.13/mo |
| 35% down | $430.05/mo |
| 40% down | $396.97/mo |
| 45% down | $363.89/mo |
| 50% down | $330.81/mo |
$179,000 Home at 4%
| 0% down | $854.57/mo |
| 5% down | $811.84/mo |
| 10% down | $769.12/mo |
| 15% down | $726.39/mo |
| 20% down | $683.66/mo |
| 25% down | $640.93/mo |
| 30% down | $598.20/mo |
| 35% down | $555.47/mo |
| 40% down | $512.74/mo |
| 45% down | $470.02/mo |
| 50% down | $427.29/mo |
$179,000 Home at 6%
| 0% down | $1,073.20/mo |
| 5% down | $1,019.54/mo |
| 10% down | $965.88/mo |
| 15% down | $912.22/mo |
| 20% down | $858.56/mo |
| 25% down | $804.90/mo |
| 30% down | $751.24/mo |
| 35% down | $697.58/mo |
| 40% down | $643.92/mo |
| 45% down | $590.26/mo |
| 50% down | $536.60/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.