$171,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $171k 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 171,000 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 $171,000 house.
2% interest
0% down$632.05/mo
5% down$600.45/mo
10% down$568.84/mo
15% down$537.24/mo
20% down$505.64/mo
25% down$474.04/mo
30% down$442.43/mo
35% down$410.83/mo
40% down$379.23/mo
45% down$347.63/mo
50% down$316.02/mo
4% interest
0% down$816.38/mo
5% down$775.56/mo
10% down$734.74/mo
15% down$693.92/mo
20% down$653.10/mo
25% down$612.29/mo
30% down$571.47/mo
35% down$530.65/mo
40% down$489.83/mo
45% down$449.01/mo
50% down$408.19/mo
6% interest
0% down$1,025.23/mo
5% down$973.97/mo
10% down$922.71/mo
15% down$871.45/mo
20% down$820.19/mo
25% down$768.92/mo
30% down$717.66/mo
35% down$666.40/mo
40% down$615.14/mo
45% down$563.88/mo
50% down$512.62/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 171,000 house with a 20% down payment?
($136,800 loan. 30 year mortgage)
0.25%$394.47
0.50%$409.29
0.75%$424.47
1.00%$440.00
1.25%$455.89
1.50%$472.12
1.75%$488.71
2.00%$505.64
2.25%$522.91
2.50%$540.53
2.75%$558.47
3.00%$576.75
3.25%$595.36
3.50%$614.29
3.75%$633.54
4.00%$653.10
4.25%$672.97
4.50%$693.15
4.75%$713.61
5.00%$734.37
5.25%$755.41
5.50%$776.74
5.75%$798.33
6.00%$820.19
6.25%$842.30
6.50%$864.67
6.75%$887.28
7.00%$910.13
7.25%$933.22
7.50%$956.53
7.75%$980.05
8.00%$1,003.79
8.25%$1,027.73
8.50%$1,051.87
8.75%$1,076.21
9.00%$1,100.72
9.25%$1,125.42
9.50%$1,150.29
9.75%$1,175.32
10.00%$1,200.52
10.25%$1,225.87
10.50%$1,251.36
10.75%$1,277.00
11.00%$1,302.78
11.25%$1,328.69
11.50%$1,354.72
11.75%$1,380.87
12.00%$1,407.14