$119,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $119k 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 119,000 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 $119,000 house.
2% interest
0% down$439.85/mo
5% down$417.85/mo
10% down$395.86/mo
15% down$373.87/mo
20% down$351.88/mo
25% down$329.89/mo
30% down$307.89/mo
35% down$285.90/mo
40% down$263.91/mo
45% down$241.92/mo
50% down$219.92/mo
4% interest
0% down$568.12/mo
5% down$539.72/mo
10% down$511.31/mo
15% down$482.91/mo
20% down$454.50/mo
25% down$426.09/mo
30% down$397.69/mo
35% down$369.28/mo
40% down$340.87/mo
45% down$312.47/mo
50% down$284.06/mo
6% interest
0% down$713.47/mo
5% down$677.79/mo
10% down$642.12/mo
15% down$606.45/mo
20% down$570.77/mo
25% down$535.10/mo
30% down$499.43/mo
35% down$463.75/mo
40% down$428.08/mo
45% down$392.41/mo
50% down$356.73/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 119,000 house with a 20% down payment?
($95,200 loan. 30 year mortgage)
0.25%$274.51
0.50%$284.83
0.75%$295.39
1.00%$306.20
1.25%$317.26
1.50%$328.55
1.75%$340.10
2.00%$351.88
2.25%$363.90
2.50%$376.16
2.75%$388.65
3.00%$401.37
3.25%$414.32
3.50%$427.49
3.75%$440.89
4.00%$454.50
4.25%$468.33
4.50%$482.36
4.75%$496.61
5.00%$511.05
5.25%$525.70
5.50%$540.54
5.75%$555.56
6.00%$570.77
6.25%$586.16
6.50%$601.73
6.75%$617.47
7.00%$633.37
7.25%$649.43
7.50%$665.65
7.75%$682.02
8.00%$698.54
8.25%$715.21
8.50%$732.01
8.75%$748.94
9.00%$766.00
9.25%$783.19
9.50%$800.49
9.75%$817.92
10.00%$835.45
10.25%$853.09
10.50%$870.83
10.75%$888.67
11.00%$906.61
11.25%$924.64
11.50%$942.76
11.75%$960.96
12.00%$979.24