$105,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $105k 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 105,000 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 $105,000 house.
2% interest
0% down$388.10/mo
5% down$368.70/mo
10% down$349.29/mo
15% down$329.89/mo
20% down$310.48/mo
25% down$291.08/mo
30% down$271.67/mo
35% down$252.27/mo
40% down$232.86/mo
45% down$213.46/mo
50% down$194.05/mo
4% interest
0% down$501.29/mo
5% down$476.22/mo
10% down$451.16/mo
15% down$426.09/mo
20% down$401.03/mo
25% down$375.96/mo
30% down$350.90/mo
35% down$325.84/mo
40% down$300.77/mo
45% down$275.71/mo
50% down$250.64/mo
6% interest
0% down$629.53/mo
5% down$598.05/mo
10% down$566.58/mo
15% down$535.10/mo
20% down$503.62/mo
25% down$472.15/mo
30% down$440.67/mo
35% down$409.19/mo
40% down$377.72/mo
45% down$346.24/mo
50% down$314.76/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 105,000 house with a 20% down payment?
($84,000 loan. 30 year mortgage)
0.25%$242.22
0.50%$251.32
0.75%$260.64
1.00%$270.18
1.25%$279.93
1.50%$289.90
1.75%$300.08
2.00%$310.48
2.25%$321.09
2.50%$331.90
2.75%$342.92
3.00%$354.15
3.25%$365.57
3.50%$377.20
3.75%$389.02
4.00%$401.03
4.25%$413.23
4.50%$425.62
4.75%$438.18
5.00%$450.93
5.25%$463.85
5.50%$476.94
5.75%$490.20
6.00%$503.62
6.25%$517.20
6.50%$530.94
6.75%$544.82
7.00%$558.85
7.25%$573.03
7.50%$587.34
7.75%$601.79
8.00%$616.36
8.25%$631.06
8.50%$645.89
8.75%$660.83
9.00%$675.88
9.25%$691.05
9.50%$706.32
9.75%$721.69
10.00%$737.16
10.25%$752.73
10.50%$768.38
10.75%$784.12
11.00%$799.95
11.25%$815.86
11.50%$831.84
11.75%$847.90
12.00%$864.03