$175,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $175k 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 175,000 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 $175,000 house.
2% interest
0% down$646.83/mo
5% down$614.49/mo
10% down$582.15/mo
15% down$549.81/mo
20% down$517.47/mo
25% down$485.13/mo
30% down$452.78/mo
35% down$420.44/mo
40% down$388.10/mo
45% down$355.76/mo
50% down$323.42/mo
4% interest
0% down$835.48/mo
5% down$793.70/mo
10% down$751.93/mo
15% down$710.16/mo
20% down$668.38/mo
25% down$626.61/mo
30% down$584.83/mo
35% down$543.06/mo
40% down$501.29/mo
45% down$459.51/mo
50% down$417.74/mo
6% interest
0% down$1,049.21/mo
5% down$996.75/mo
10% down$944.29/mo
15% down$891.83/mo
20% down$839.37/mo
25% down$786.91/mo
30% down$734.45/mo
35% down$681.99/mo
40% down$629.53/mo
45% down$577.07/mo
50% down$524.61/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 175,000 house with a 20% down payment?
($140,000 loan. 30 year mortgage)
0.25%$403.69
0.50%$418.87
0.75%$434.40
1.00%$450.30
1.25%$466.55
1.50%$483.17
1.75%$500.14
2.00%$517.47
2.25%$535.14
2.50%$553.17
2.75%$571.54
3.00%$590.25
3.25%$609.29
3.50%$628.66
3.75%$648.36
4.00%$668.38
4.25%$688.72
4.50%$709.36
4.75%$730.31
5.00%$751.55
5.25%$773.09
5.50%$794.90
5.75%$817.00
6.00%$839.37
6.25%$862.00
6.50%$884.90
6.75%$908.04
7.00%$931.42
7.25%$955.05
7.50%$978.90
7.75%$1,002.98
8.00%$1,027.27
8.25%$1,051.77
8.50%$1,076.48
8.75%$1,101.38
9.00%$1,126.47
9.25%$1,151.75
9.50%$1,177.20
9.75%$1,202.82
10.00%$1,228.60
10.25%$1,254.54
10.50%$1,280.64
10.75%$1,306.87
11.00%$1,333.25
11.25%$1,359.77
11.50%$1,386.41
11.75%$1,413.17
12.00%$1,440.06