$127,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $127k 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 127,000 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 $127,000 house.
2% interest
0% down$469.42/mo
5% down$445.95/mo
10% down$422.48/mo
15% down$399.00/mo
20% down$375.53/mo
25% down$352.06/mo
30% down$328.59/mo
35% down$305.12/mo
40% down$281.65/mo
45% down$258.18/mo
50% down$234.71/mo
4% interest
0% down$606.32/mo
5% down$576.00/mo
10% down$545.69/mo
15% down$515.37/mo
20% down$485.05/mo
25% down$454.74/mo
30% down$424.42/mo
35% down$394.11/mo
40% down$363.79/mo
45% down$333.47/mo
50% down$303.16/mo
6% interest
0% down$761.43/mo
5% down$723.36/mo
10% down$685.29/mo
15% down$647.21/mo
20% down$609.14/mo
25% down$571.07/mo
30% down$533.00/mo
35% down$494.93/mo
40% down$456.86/mo
45% down$418.79/mo
50% down$380.71/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 127,000 house with a 20% down payment?
($101,600 loan. 30 year mortgage)
0.25%$292.97
0.50%$303.98
0.75%$315.25
1.00%$326.79
1.25%$338.58
1.50%$350.64
1.75%$362.96
2.00%$375.53
2.25%$388.36
2.50%$401.44
2.75%$414.77
3.00%$428.35
3.25%$442.17
3.50%$456.23
3.75%$470.53
4.00%$485.05
4.25%$499.81
4.50%$514.79
4.75%$529.99
5.00%$545.41
5.25%$561.04
5.50%$576.87
5.75%$592.91
6.00%$609.14
6.25%$625.57
6.50%$642.18
6.75%$658.98
7.00%$675.95
7.25%$693.09
7.50%$710.40
7.75%$727.87
8.00%$745.50
8.25%$763.29
8.50%$781.22
8.75%$799.29
9.00%$817.50
9.25%$835.84
9.50%$854.31
9.75%$872.90
10.00%$891.61
10.25%$910.44
10.50%$929.38
10.75%$948.42
11.00%$967.56
11.25%$986.80
11.50%$1,006.14
11.75%$1,025.56
12.00%$1,045.07