Use the mortgage calculator to calculate the cost of buying a $73k 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 73,000 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 $73,000 house.
$73,000 Home at 2%
| 0% down | $269.82/mo |
| 5% down | $256.33/mo |
| 10% down | $242.84/mo |
| 15% down | $229.35/mo |
| 20% down | $215.86/mo |
| 25% down | $202.37/mo |
| 30% down | $188.88/mo |
| 35% down | $175.38/mo |
| 40% down | $161.89/mo |
| 45% down | $148.40/mo |
| 50% down | $134.91/mo |
$73,000 Home at 4%
| 0% down | $348.51/mo |
| 5% down | $331.09/mo |
| 10% down | $313.66/mo |
| 15% down | $296.24/mo |
| 20% down | $278.81/mo |
| 25% down | $261.38/mo |
| 30% down | $243.96/mo |
| 35% down | $226.53/mo |
| 40% down | $209.11/mo |
| 45% down | $191.68/mo |
| 50% down | $174.26/mo |
$73,000 Home at 6%
| 0% down | $437.67/mo |
| 5% down | $415.79/mo |
| 10% down | $393.90/mo |
| 15% down | $372.02/mo |
| 20% down | $350.14/mo |
| 25% down | $328.25/mo |
| 30% down | $306.37/mo |
| 35% down | $284.49/mo |
| 40% down | $262.60/mo |
| 45% down | $240.72/mo |
| 50% down | $218.84/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.