$113,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $113k 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 113,000 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 $113,000 house.
2% interest
0% down$417.67/mo
5% down$396.79/mo
10% down$375.90/mo
15% down$355.02/mo
20% down$334.14/mo
25% down$313.25/mo
30% down$292.37/mo
35% down$271.49/mo
40% down$250.60/mo
45% down$229.72/mo
50% down$208.84/mo
4% interest
0% down$539.48/mo
5% down$512.51/mo
10% down$485.53/mo
15% down$458.56/mo
20% down$431.58/mo
25% down$404.61/mo
30% down$377.64/mo
35% down$350.66/mo
40% down$323.69/mo
45% down$296.71/mo
50% down$269.74/mo
6% interest
0% down$677.49/mo
5% down$643.62/mo
10% down$609.74/mo
15% down$575.87/mo
20% down$541.99/mo
25% down$508.12/mo
30% down$474.24/mo
35% down$440.37/mo
40% down$406.50/mo
45% down$372.62/mo
50% down$338.75/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 113,000 house with a 20% down payment?
($90,400 loan. 30 year mortgage)
0.25%$260.67
0.50%$270.47
0.75%$280.50
1.00%$290.76
1.25%$301.26
1.50%$311.99
1.75%$322.95
2.00%$334.14
2.25%$345.55
2.50%$357.19
2.75%$369.05
3.00%$381.13
3.25%$393.43
3.50%$405.94
3.75%$418.66
4.00%$431.58
4.25%$444.71
4.50%$458.04
4.75%$471.57
5.00%$485.29
5.25%$499.19
5.50%$513.28
5.75%$527.55
6.00%$541.99
6.25%$556.61
6.50%$571.39
6.75%$586.33
7.00%$601.43
7.25%$616.69
7.50%$632.09
7.75%$647.64
8.00%$663.32
8.25%$679.15
8.50%$695.10
8.75%$711.18
9.00%$727.38
9.25%$743.70
9.50%$760.13
9.75%$776.68
10.00%$793.32
10.25%$810.08
10.50%$826.92
10.75%$843.87
11.00%$860.90
11.25%$878.02
11.50%$895.22
11.75%$912.51
12.00%$929.87