$110,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $110k 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 110,000 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 $110,000 house.
2% interest
0% down$406.58/mo
5% down$386.25/mo
10% down$365.92/mo
15% down$345.59/mo
20% down$325.27/mo
25% down$304.94/mo
30% down$284.61/mo
35% down$264.28/mo
40% down$243.95/mo
45% down$223.62/mo
50% down$203.29/mo
4% interest
0% down$525.16/mo
5% down$498.90/mo
10% down$472.64/mo
15% down$446.38/mo
20% down$420.13/mo
25% down$393.87/mo
30% down$367.61/mo
35% down$341.35/mo
40% down$315.09/mo
45% down$288.84/mo
50% down$262.58/mo
6% interest
0% down$659.51/mo
5% down$626.53/mo
10% down$593.56/mo
15% down$560.58/mo
20% down$527.60/mo
25% down$494.63/mo
30% down$461.65/mo
35% down$428.68/mo
40% down$395.70/mo
45% down$362.73/mo
50% down$329.75/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 110,000 house with a 20% down payment?
($88,000 loan. 30 year mortgage)
0.25%$253.75
0.50%$263.29
0.75%$273.05
1.00%$283.04
1.25%$293.26
1.50%$303.71
1.75%$314.37
2.00%$325.27
2.25%$336.38
2.50%$347.71
2.75%$359.25
3.00%$371.01
3.25%$382.98
3.50%$395.16
3.75%$407.54
4.00%$420.13
4.25%$432.91
4.50%$445.88
4.75%$459.05
5.00%$472.40
5.25%$485.94
5.50%$499.65
5.75%$513.54
6.00%$527.60
6.25%$541.83
6.50%$556.22
6.75%$570.77
7.00%$585.47
7.25%$600.32
7.50%$615.31
7.75%$630.44
8.00%$645.71
8.25%$661.11
8.50%$676.64
8.75%$692.30
9.00%$708.07
9.25%$723.95
9.50%$739.95
9.75%$756.06
10.00%$772.26
10.25%$788.57
10.50%$804.97
10.75%$821.46
11.00%$838.04
11.25%$854.71
11.50%$871.46
11.75%$888.28
12.00%$905.18