$126,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $126k 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 126,000 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 $126,000 house.
2% interest
0% down$465.72/mo
5% down$442.43/mo
10% down$419.15/mo
15% down$395.86/mo
20% down$372.58/mo
25% down$349.29/mo
30% down$326.00/mo
35% down$302.72/mo
40% down$279.43/mo
45% down$256.15/mo
50% down$232.86/mo
4% interest
0% down$601.54/mo
5% down$571.47/mo
10% down$541.39/mo
15% down$511.31/mo
20% down$481.23/mo
25% down$451.16/mo
30% down$421.08/mo
35% down$391.00/mo
40% down$360.93/mo
45% down$330.85/mo
50% down$300.77/mo
6% interest
0% down$755.43/mo
5% down$717.66/mo
10% down$679.89/mo
15% down$642.12/mo
20% down$604.35/mo
25% down$566.58/mo
30% down$528.80/mo
35% down$491.03/mo
40% down$453.26/mo
45% down$415.49/mo
50% down$377.72/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 126,000 house with a 20% down payment?
($100,800 loan. 30 year mortgage)
0.25%$290.66
0.50%$301.58
0.75%$312.77
1.00%$324.21
1.25%$335.92
1.50%$347.88
1.75%$360.10
2.00%$372.58
2.25%$385.30
2.50%$398.28
2.75%$411.51
3.00%$424.98
3.25%$438.69
3.50%$452.64
3.75%$466.82
4.00%$481.23
4.25%$495.88
4.50%$510.74
4.75%$525.82
5.00%$541.12
5.25%$556.62
5.50%$572.33
5.75%$588.24
6.00%$604.35
6.25%$620.64
6.50%$637.12
6.75%$653.79
7.00%$670.62
7.25%$687.63
7.50%$704.81
7.75%$722.14
8.00%$739.63
8.25%$757.28
8.50%$775.06
8.75%$792.99
9.00%$811.06
9.25%$829.26
9.50%$847.58
9.75%$866.03
10.00%$884.59
10.25%$903.27
10.50%$922.06
10.75%$940.95
11.00%$959.94
11.25%$979.03
11.50%$998.21
11.75%$1,017.49
12.00%$1,036.84