$129,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $129k 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 129,000 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 $129,000 house.
2% interest
0% down$476.81/mo
5% down$452.97/mo
10% down$429.13/mo
15% down$405.29/mo
20% down$381.45/mo
25% down$357.61/mo
30% down$333.77/mo
35% down$309.93/mo
40% down$286.09/mo
45% down$262.25/mo
50% down$238.40/mo
4% interest
0% down$615.87/mo
5% down$585.07/mo
10% down$554.28/mo
15% down$523.49/mo
20% down$492.69/mo
25% down$461.90/mo
30% down$431.11/mo
35% down$400.31/mo
40% down$369.52/mo
45% down$338.73/mo
50% down$307.93/mo
6% interest
0% down$773.42/mo
5% down$734.75/mo
10% down$696.08/mo
15% down$657.41/mo
20% down$618.74/mo
25% down$580.07/mo
30% down$541.39/mo
35% down$502.72/mo
40% down$464.05/mo
45% down$425.38/mo
50% down$386.71/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 129,000 house with a 20% down payment?
($103,200 loan. 30 year mortgage)
0.25%$297.58
0.50%$308.76
0.75%$320.21
1.00%$331.93
1.25%$343.92
1.50%$356.16
1.75%$368.68
2.00%$381.45
2.25%$394.48
2.50%$407.76
2.75%$421.30
3.00%$435.10
3.25%$449.13
3.50%$463.41
3.75%$477.94
4.00%$492.69
4.25%$507.68
4.50%$522.90
4.75%$538.34
5.00%$554.00
5.25%$569.87
5.50%$585.96
5.75%$602.25
6.00%$618.74
6.25%$635.42
6.50%$652.29
6.75%$669.35
7.00%$686.59
7.25%$704.01
7.50%$721.59
7.75%$739.34
8.00%$757.25
8.25%$775.31
8.50%$793.52
8.75%$811.87
9.00%$830.37
9.25%$849.00
9.50%$867.76
9.75%$886.65
10.00%$905.65
10.25%$924.78
10.50%$944.01
10.75%$963.35
11.00%$982.80
11.25%$1,002.34
11.50%$1,021.98
11.75%$1,041.71
12.00%$1,061.53