$153,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $153k 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 153,000 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 $153,000 house.
2% interest
0% down$565.52/mo
5% down$537.24/mo
10% down$508.97/mo
15% down$480.69/mo
20% down$452.41/mo
25% down$424.14/mo
30% down$395.86/mo
35% down$367.59/mo
40% down$339.31/mo
45% down$311.03/mo
50% down$282.76/mo
4% interest
0% down$730.45/mo
5% down$693.92/mo
10% down$657.40/mo
15% down$620.88/mo
20% down$584.36/mo
25% down$547.83/mo
30% down$511.31/mo
35% down$474.79/mo
40% down$438.27/mo
45% down$401.74/mo
50% down$365.22/mo
6% interest
0% down$917.31/mo
5% down$871.45/mo
10% down$825.58/mo
15% down$779.72/mo
20% down$733.85/mo
25% down$687.98/mo
30% down$642.12/mo
35% down$596.25/mo
40% down$550.39/mo
45% down$504.52/mo
50% down$458.66/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 153,000 house with a 20% down payment?
($122,400 loan. 30 year mortgage)
0.25%$352.94
0.50%$366.21
0.75%$379.79
1.00%$393.69
1.25%$407.90
1.50%$422.43
1.75%$437.27
2.00%$452.41
2.25%$467.87
2.50%$483.63
2.75%$499.69
3.00%$516.04
3.25%$532.69
3.50%$549.63
3.75%$566.85
4.00%$584.36
4.25%$602.13
4.50%$620.18
4.75%$638.50
5.00%$657.07
5.25%$675.90
5.50%$694.97
5.75%$714.29
6.00%$733.85
6.25%$753.64
6.50%$773.65
6.75%$793.88
7.00%$814.33
7.25%$834.98
7.50%$855.84
7.75%$876.89
8.00%$898.13
8.25%$919.55
8.50%$941.15
8.75%$962.92
9.00%$984.86
9.25%$1,006.95
9.50%$1,029.21
9.75%$1,051.61
10.00%$1,074.15
10.25%$1,096.83
10.50%$1,119.64
10.75%$1,142.58
11.00%$1,165.64
11.25%$1,188.82
11.50%$1,212.12
11.75%$1,235.52
12.00%$1,259.02