$167,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $167k 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 167,000 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 $167,000 house.
2% interest
0% down$617.26/mo
5% down$586.40/mo
10% down$555.54/mo
15% down$524.67/mo
20% down$493.81/mo
25% down$462.95/mo
30% down$432.09/mo
35% down$401.22/mo
40% down$370.36/mo
45% down$339.50/mo
50% down$308.63/mo
4% interest
0% down$797.28/mo
5% down$757.42/mo
10% down$717.56/mo
15% down$677.69/mo
20% down$637.83/mo
25% down$597.96/mo
30% down$558.10/mo
35% down$518.23/mo
40% down$478.37/mo
45% down$438.51/mo
50% down$398.64/mo
6% interest
0% down$1,001.25/mo
5% down$951.19/mo
10% down$901.12/mo
15% down$851.06/mo
20% down$801.00/mo
25% down$750.94/mo
30% down$700.87/mo
35% down$650.81/mo
40% down$600.75/mo
45% down$550.69/mo
50% down$500.62/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 167,000 house with a 20% down payment?
($133,600 loan. 30 year mortgage)
0.25%$385.24
0.50%$399.72
0.75%$414.54
1.00%$429.71
1.25%$445.22
1.50%$461.08
1.75%$477.28
2.00%$493.81
2.25%$510.68
2.50%$527.88
2.75%$545.41
3.00%$563.26
3.25%$581.44
3.50%$599.92
3.75%$618.72
4.00%$637.83
4.25%$657.23
4.50%$676.93
4.75%$696.92
5.00%$717.19
5.25%$737.74
5.50%$758.57
5.75%$779.65
6.00%$801.00
6.25%$822.60
6.50%$844.44
6.75%$866.53
7.00%$888.84
7.25%$911.39
7.50%$934.15
7.75%$957.13
8.00%$980.31
8.25%$1,003.69
8.50%$1,027.27
8.75%$1,051.03
9.00%$1,074.98
9.25%$1,099.09
9.50%$1,123.38
9.75%$1,147.83
10.00%$1,172.44
10.25%$1,197.19
10.50%$1,222.09
10.75%$1,247.13
11.00%$1,272.30
11.25%$1,297.61
11.50%$1,323.03
11.75%$1,348.57
12.00%$1,374.23