$112,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $112k 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 112,000 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 $112,000 house.
2% interest
0% down$413.97/mo
5% down$393.28/mo
10% down$372.58/mo
15% down$351.88/mo
20% down$331.18/mo
25% down$310.48/mo
30% down$289.78/mo
35% down$269.08/mo
40% down$248.38/mo
45% down$227.69/mo
50% down$206.99/mo
4% interest
0% down$534.71/mo
5% down$507.97/mo
10% down$481.23/mo
15% down$454.50/mo
20% down$427.76/mo
25% down$401.03/mo
30% down$374.29/mo
35% down$347.56/mo
40% down$320.82/mo
45% down$294.09/mo
50% down$267.35/mo
6% interest
0% down$671.50/mo
5% down$637.92/mo
10% down$604.35/mo
15% down$570.77/mo
20% down$537.20/mo
25% down$503.62/mo
30% down$470.05/mo
35% down$436.47/mo
40% down$402.90/mo
45% down$369.32/mo
50% down$335.75/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 112,000 house with a 20% down payment?
($89,600 loan. 30 year mortgage)
0.25%$258.36
0.50%$268.07
0.75%$278.02
1.00%$288.19
1.25%$298.59
1.50%$309.23
1.75%$320.09
2.00%$331.18
2.25%$342.49
2.50%$354.03
2.75%$365.78
3.00%$377.76
3.25%$389.94
3.50%$402.34
3.75%$414.95
4.00%$427.76
4.25%$440.78
4.50%$453.99
4.75%$467.40
5.00%$480.99
5.25%$494.77
5.50%$508.74
5.75%$522.88
6.00%$537.20
6.25%$551.68
6.50%$566.33
6.75%$581.14
7.00%$596.11
7.25%$611.23
7.50%$626.50
7.75%$641.91
8.00%$657.45
8.25%$673.13
8.50%$688.95
8.75%$704.88
9.00%$720.94
9.25%$737.12
9.50%$753.41
9.75%$769.80
10.00%$786.30
10.25%$802.91
10.50%$819.61
10.75%$836.40
11.00%$853.28
11.25%$870.25
11.50%$887.30
11.75%$904.43
12.00%$921.64