$100,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $100k 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 100,000 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 $100,000 house.
2% interest
0% down$369.62/mo
5% down$351.14/mo
10% down$332.66/mo
15% down$314.18/mo
20% down$295.70/mo
25% down$277.21/mo
30% down$258.73/mo
35% down$240.25/mo
40% down$221.77/mo
45% down$203.29/mo
50% down$184.81/mo
4% interest
0% down$477.42/mo
5% down$453.54/mo
10% down$429.67/mo
15% down$405.80/mo
20% down$381.93/mo
25% down$358.06/mo
30% down$334.19/mo
35% down$310.32/mo
40% down$286.45/mo
45% down$262.58/mo
50% down$238.71/mo
6% interest
0% down$599.55/mo
5% down$569.57/mo
10% down$539.60/mo
15% down$509.62/mo
20% down$479.64/mo
25% down$449.66/mo
30% down$419.69/mo
35% down$389.71/mo
40% down$359.73/mo
45% down$329.75/mo
50% down$299.78/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 100,000 house with a 20% down payment?
($80,000 loan. 30 year mortgage)
0.25%$230.68
0.50%$239.35
0.75%$248.23
1.00%$257.31
1.25%$266.60
1.50%$276.10
1.75%$285.79
2.00%$295.70
2.25%$305.80
2.50%$316.10
2.75%$326.59
3.00%$337.28
3.25%$348.17
3.50%$359.24
3.75%$370.49
4.00%$381.93
4.25%$393.55
4.50%$405.35
4.75%$417.32
5.00%$429.46
5.25%$441.76
5.50%$454.23
5.75%$466.86
6.00%$479.64
6.25%$492.57
6.50%$505.65
6.75%$518.88
7.00%$532.24
7.25%$545.74
7.50%$559.37
7.75%$573.13
8.00%$587.01
8.25%$601.01
8.50%$615.13
8.75%$629.36
9.00%$643.70
9.25%$658.14
9.50%$672.68
9.75%$687.32
10.00%$702.06
10.25%$716.88
10.50%$731.79
10.75%$746.79
11.00%$761.86
11.25%$777.01
11.50%$792.23
11.75%$807.53
12.00%$822.89