$107,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $107k 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 107,000 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 $107,000 house.
2% interest
0% down$395.49/mo
5% down$375.72/mo
10% down$355.94/mo
15% down$336.17/mo
20% down$316.39/mo
25% down$296.62/mo
30% down$276.84/mo
35% down$257.07/mo
40% down$237.30/mo
45% down$217.52/mo
50% down$197.75/mo
4% interest
0% down$510.83/mo
5% down$485.29/mo
10% down$459.75/mo
15% down$434.21/mo
20% down$408.67/mo
25% down$383.13/mo
30% down$357.58/mo
35% down$332.04/mo
40% down$306.50/mo
45% down$280.96/mo
50% down$255.42/mo
6% interest
0% down$641.52/mo
5% down$609.44/mo
10% down$577.37/mo
15% down$545.29/mo
20% down$513.22/mo
25% down$481.14/mo
30% down$449.06/mo
35% down$416.99/mo
40% down$384.91/mo
45% down$352.84/mo
50% down$320.76/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 107,000 house with a 20% down payment?
($85,600 loan. 30 year mortgage)
0.25%$246.83
0.50%$256.11
0.75%$265.60
1.00%$275.32
1.25%$285.26
1.50%$295.42
1.75%$305.80
2.00%$316.39
2.25%$327.20
2.50%$338.22
2.75%$349.45
3.00%$360.89
3.25%$372.54
3.50%$384.38
3.75%$396.43
4.00%$408.67
4.25%$421.10
4.50%$433.72
4.75%$446.53
5.00%$459.52
5.25%$472.69
5.50%$486.03
5.75%$499.54
6.00%$513.22
6.25%$527.05
6.50%$541.05
6.75%$555.20
7.00%$569.50
7.25%$583.94
7.50%$598.53
7.75%$613.25
8.00%$628.10
8.25%$643.08
8.50%$658.19
8.75%$673.42
9.00%$688.76
9.25%$704.21
9.50%$719.77
9.75%$735.44
10.00%$751.20
10.25%$767.06
10.50%$783.02
10.75%$799.06
11.00%$815.19
11.25%$831.40
11.50%$847.69
11.75%$864.05
12.00%$880.49