$172,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $172k 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 172,000 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 $172,000 house.
2% interest
0% down$635.75/mo
5% down$603.96/mo
10% down$572.17/mo
15% down$540.38/mo
20% down$508.60/mo
25% down$476.81/mo
30% down$445.02/mo
35% down$413.23/mo
40% down$381.45/mo
45% down$349.66/mo
50% down$317.87/mo
4% interest
0% down$821.15/mo
5% down$780.10/mo
10% down$739.04/mo
15% down$697.98/mo
20% down$656.92/mo
25% down$615.87/mo
30% down$574.81/mo
35% down$533.75/mo
40% down$492.69/mo
45% down$451.63/mo
50% down$410.58/mo
6% interest
0% down$1,031.23/mo
5% down$979.67/mo
10% down$928.10/mo
15% down$876.54/mo
20% down$824.98/mo
25% down$773.42/mo
30% down$721.86/mo
35% down$670.30/mo
40% down$618.74/mo
45% down$567.17/mo
50% down$515.61/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 172,000 house with a 20% down payment?
($137,600 loan. 30 year mortgage)
0.25%$396.77
0.50%$411.68
0.75%$426.95
1.00%$442.58
1.25%$458.55
1.50%$474.89
1.75%$491.57
2.00%$508.60
2.25%$525.97
2.50%$543.69
2.75%$561.74
3.00%$580.13
3.25%$598.84
3.50%$617.89
3.75%$637.25
4.00%$656.92
4.25%$676.91
4.50%$697.20
4.75%$717.79
5.00%$738.67
5.25%$759.83
5.50%$781.28
5.75%$803.00
6.00%$824.98
6.25%$847.23
6.50%$869.73
6.75%$892.47
7.00%$915.46
7.25%$938.67
7.50%$962.12
7.75%$985.78
8.00%$1,009.66
8.25%$1,033.74
8.50%$1,058.02
8.75%$1,082.50
9.00%$1,107.16
9.25%$1,132.00
9.50%$1,157.02
9.75%$1,182.20
10.00%$1,207.54
10.25%$1,233.04
10.50%$1,258.68
10.75%$1,284.47
11.00%$1,310.40
11.25%$1,336.46
11.50%$1,362.64
11.75%$1,388.95
12.00%$1,415.37