$185,000 Mortgage Loan Payments and Costs

$
$
%
years
%

Loan Summary


Use the mortgage calculator to calculate the cost of buying a $185k 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 185,000 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 $185,000 house.
2% interest
0% down$683.80/mo
5% down$649.61/mo
10% down$615.42/mo
15% down$581.23/mo
20% down$547.04/mo
25% down$512.85/mo
30% down$478.66/mo
35% down$444.47/mo
40% down$410.28/mo
45% down$376.09/mo
50% down$341.90/mo
4% interest
0% down$883.22/mo
5% down$839.06/mo
10% down$794.90/mo
15% down$750.74/mo
20% down$706.57/mo
25% down$662.41/mo
30% down$618.25/mo
35% down$574.09/mo
40% down$529.93/mo
45% down$485.77/mo
50% down$441.61/mo
6% interest
0% down$1,109.17/mo
5% down$1,053.71/mo
10% down$998.25/mo
15% down$942.79/mo
20% down$887.33/mo
25% down$831.88/mo
30% down$776.42/mo
35% down$720.96/mo
40% down$665.50/mo
45% down$610.04/mo
50% down$554.58/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 185,000 house with a 20% down payment?
($148,000 loan. 30 year mortgage)
0.25%$426.76
0.50%$442.80
0.75%$459.22
1.00%$476.03
1.25%$493.21
1.50%$510.78
1.75%$528.72
2.00%$547.04
2.25%$565.72
2.50%$584.78
2.75%$604.20
3.00%$623.97
3.25%$644.11
3.50%$664.59
3.75%$685.41
4.00%$706.57
4.25%$728.07
4.50%$749.89
4.75%$772.04
5.00%$794.50
5.25%$817.26
5.50%$840.33
5.75%$863.69
6.00%$887.33
6.25%$911.26
6.50%$935.46
6.75%$959.93
7.00%$984.65
7.25%$1,009.62
7.50%$1,034.84
7.75%$1,060.29
8.00%$1,085.97
8.25%$1,111.87
8.50%$1,137.99
8.75%$1,164.32
9.00%$1,190.84
9.25%$1,217.56
9.50%$1,244.46
9.75%$1,271.55
10.00%$1,298.81
10.25%$1,326.23
10.50%$1,353.81
10.75%$1,381.55
11.00%$1,409.44
11.25%$1,437.47
11.50%$1,465.63
11.75%$1,493.93
12.00%$1,522.35