Use the mortgage calculator to calculate the cost of buying a $143k 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 143,000 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 $143,000 house.
$143,000 Home at 2%
| 0% down | $528.56/mo |
| 5% down | $502.13/mo |
| 10% down | $475.70/mo |
| 15% down | $449.27/mo |
| 20% down | $422.84/mo |
| 25% down | $396.42/mo |
| 30% down | $369.99/mo |
| 35% down | $343.56/mo |
| 40% down | $317.13/mo |
| 45% down | $290.71/mo |
| 50% down | $264.28/mo |
$143,000 Home at 4%
| 0% down | $682.70/mo |
| 5% down | $648.57/mo |
| 10% down | $614.43/mo |
| 15% down | $580.30/mo |
| 20% down | $546.16/mo |
| 25% down | $512.03/mo |
| 30% down | $477.89/mo |
| 35% down | $443.76/mo |
| 40% down | $409.62/mo |
| 45% down | $375.49/mo |
| 50% down | $341.35/mo |
$143,000 Home at 6%
| 0% down | $857.36/mo |
| 5% down | $814.49/mo |
| 10% down | $771.62/mo |
| 15% down | $728.75/mo |
| 20% down | $685.89/mo |
| 25% down | $643.02/mo |
| 30% down | $600.15/mo |
| 35% down | $557.28/mo |
| 40% down | $514.41/mo |
| 45% down | $471.55/mo |
| 50% down | $428.68/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.