Use the mortgage calculator to calculate the cost of buying a $182k 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 182,000 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 $182,000 house.
$182,000 Home at 2%
| 0% down | $672.71/mo |
| 5% down | $639.07/mo |
| 10% down | $605.44/mo |
| 15% down | $571.80/mo |
| 20% down | $538.17/mo |
| 25% down | $504.53/mo |
| 30% down | $470.90/mo |
| 35% down | $437.26/mo |
| 40% down | $403.62/mo |
| 45% down | $369.99/mo |
| 50% down | $336.35/mo |
$182,000 Home at 4%
| 0% down | $868.90/mo |
| 5% down | $825.45/mo |
| 10% down | $782.01/mo |
| 15% down | $738.56/mo |
| 20% down | $695.12/mo |
| 25% down | $651.67/mo |
| 30% down | $608.23/mo |
| 35% down | $564.78/mo |
| 40% down | $521.34/mo |
| 45% down | $477.89/mo |
| 50% down | $434.45/mo |
$182,000 Home at 6%
| 0% down | $1,091.18/mo |
| 5% down | $1,036.62/mo |
| 10% down | $982.06/mo |
| 15% down | $927.50/mo |
| 20% down | $872.95/mo |
| 25% down | $818.39/mo |
| 30% down | $763.83/mo |
| 35% down | $709.27/mo |
| 40% down | $654.71/mo |
| 45% down | $600.15/mo |
| 50% down | $545.59/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.