$164,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $164k 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 164,000 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 $164,000 house.
2% interest
0% down$606.18/mo
5% down$575.87/mo
10% down$545.56/mo
15% down$515.25/mo
20% down$484.94/mo
25% down$454.63/mo
30% down$424.32/mo
35% down$394.01/mo
40% down$363.71/mo
45% down$333.40/mo
50% down$303.09/mo
4% interest
0% down$782.96/mo
5% down$743.81/mo
10% down$704.66/mo
15% down$665.52/mo
20% down$626.37/mo
25% down$587.22/mo
30% down$548.07/mo
35% down$508.92/mo
40% down$469.78/mo
45% down$430.63/mo
50% down$391.48/mo
6% interest
0% down$983.26/mo
5% down$934.10/mo
10% down$884.94/mo
15% down$835.77/mo
20% down$786.61/mo
25% down$737.45/mo
30% down$688.28/mo
35% down$639.12/mo
40% down$589.96/mo
45% down$540.79/mo
50% down$491.63/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 164,000 house with a 20% down payment?
($131,200 loan. 30 year mortgage)
0.25%$378.32
0.50%$392.54
0.75%$407.09
1.00%$421.99
1.25%$437.23
1.50%$452.80
1.75%$468.70
2.00%$484.94
2.25%$501.51
2.50%$518.40
2.75%$535.61
3.00%$553.14
3.25%$570.99
3.50%$589.15
3.75%$607.61
4.00%$626.37
4.25%$645.43
4.50%$664.77
4.75%$684.40
5.00%$704.31
5.25%$724.49
5.50%$744.94
5.75%$765.65
6.00%$786.61
6.25%$807.82
6.50%$829.27
6.75%$850.96
7.00%$872.88
7.25%$895.02
7.50%$917.37
7.75%$939.93
8.00%$962.70
8.25%$985.66
8.50%$1,008.81
8.75%$1,032.15
9.00%$1,055.66
9.25%$1,079.35
9.50%$1,103.20
9.75%$1,127.21
10.00%$1,151.37
10.25%$1,175.68
10.50%$1,200.14
10.75%$1,224.73
11.00%$1,249.45
11.25%$1,274.29
11.50%$1,299.26
11.75%$1,324.35
12.00%$1,349.54