$156,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $156k 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 156,000 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 $156,000 house.
2% interest
0% down$576.61/mo
5% down$547.78/mo
10% down$518.95/mo
15% down$490.12/mo
20% down$461.29/mo
25% down$432.45/mo
30% down$403.62/mo
35% down$374.79/mo
40% down$345.96/mo
45% down$317.13/mo
50% down$288.30/mo
4% interest
0% down$744.77/mo
5% down$707.53/mo
10% down$670.29/mo
15% down$633.05/mo
20% down$595.81/mo
25% down$558.58/mo
30% down$521.34/mo
35% down$484.10/mo
40% down$446.86/mo
45% down$409.62/mo
50% down$372.38/mo
6% interest
0% down$935.30/mo
5% down$888.53/mo
10% down$841.77/mo
15% down$795.00/mo
20% down$748.24/mo
25% down$701.47/mo
30% down$654.71/mo
35% down$607.94/mo
40% down$561.18/mo
45% down$514.41/mo
50% down$467.65/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 156,000 house with a 20% down payment?
($124,800 loan. 30 year mortgage)
0.25%$359.87
0.50%$373.39
0.75%$387.24
1.00%$401.41
1.25%$415.90
1.50%$430.71
1.75%$445.84
2.00%$461.29
2.25%$477.04
2.50%$493.11
2.75%$509.48
3.00%$526.16
3.25%$543.14
3.50%$560.41
3.75%$577.97
4.00%$595.81
4.25%$613.94
4.50%$632.34
4.75%$651.02
5.00%$669.95
5.25%$689.15
5.50%$708.60
5.75%$728.30
6.00%$748.24
6.25%$768.42
6.50%$788.82
6.75%$809.45
7.00%$830.30
7.25%$851.36
7.50%$872.62
7.75%$894.08
8.00%$915.74
8.25%$937.58
8.50%$959.60
8.75%$981.80
9.00%$1,004.17
9.25%$1,026.70
9.50%$1,049.39
9.75%$1,072.22
10.00%$1,095.21
10.25%$1,118.33
10.50%$1,141.59
10.75%$1,164.98
11.00%$1,188.50
11.25%$1,212.13
11.50%$1,235.88
11.75%$1,259.74
12.00%$1,283.71