$189,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $189k 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 189,000 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 $189,000 house.
2% interest
0% down$698.58/mo
5% down$663.65/mo
10% down$628.72/mo
15% down$593.79/mo
20% down$558.86/mo
25% down$523.94/mo
30% down$489.01/mo
35% down$454.08/mo
40% down$419.15/mo
45% down$384.22/mo
50% down$349.29/mo
4% interest
0% down$902.31/mo
5% down$857.20/mo
10% down$812.08/mo
15% down$766.97/mo
20% down$721.85/mo
25% down$676.74/mo
30% down$631.62/mo
35% down$586.50/mo
40% down$541.39/mo
45% down$496.27/mo
50% down$451.16/mo
6% interest
0% down$1,133.15/mo
5% down$1,076.49/mo
10% down$1,019.84/mo
15% down$963.18/mo
20% down$906.52/mo
25% down$849.86/mo
30% down$793.21/mo
35% down$736.55/mo
40% down$679.89/mo
45% down$623.23/mo
50% down$566.58/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 189,000 house with a 20% down payment?
($151,200 loan. 30 year mortgage)
0.25%$435.99
0.50%$452.37
0.75%$469.15
1.00%$486.32
1.25%$503.88
1.50%$521.82
1.75%$540.15
2.00%$558.86
2.25%$577.96
2.50%$597.42
2.75%$617.26
3.00%$637.47
3.25%$658.03
3.50%$678.96
3.75%$700.23
4.00%$721.85
4.25%$743.81
4.50%$766.11
4.75%$788.73
5.00%$811.67
5.25%$834.93
5.50%$858.50
5.75%$882.36
6.00%$906.52
6.25%$930.96
6.50%$955.69
6.75%$980.68
7.00%$1,005.94
7.25%$1,031.45
7.50%$1,057.21
7.75%$1,083.22
8.00%$1,109.45
8.25%$1,135.92
8.50%$1,162.60
8.75%$1,189.49
9.00%$1,216.59
9.25%$1,243.89
9.50%$1,271.37
9.75%$1,299.04
10.00%$1,326.89
10.25%$1,354.91
10.50%$1,383.09
10.75%$1,411.42
11.00%$1,439.91
11.25%$1,468.55
11.50%$1,497.32
11.75%$1,526.23
12.00%$1,555.26