$204,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $204k 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 204,000 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 $204,000 house.
2% interest
0% down$754.02/mo
5% down$716.32/mo
10% down$678.62/mo
15% down$640.92/mo
20% down$603.22/mo
25% down$565.52/mo
30% down$527.82/mo
35% down$490.12/mo
40% down$452.41/mo
45% down$414.71/mo
50% down$377.01/mo
4% interest
0% down$973.93/mo
5% down$925.23/mo
10% down$876.53/mo
15% down$827.84/mo
20% down$779.14/mo
25% down$730.45/mo
30% down$681.75/mo
35% down$633.05/mo
40% down$584.36/mo
45% down$535.66/mo
50% down$486.96/mo
6% interest
0% down$1,223.08/mo
5% down$1,161.93/mo
10% down$1,100.77/mo
15% down$1,039.62/mo
20% down$978.47/mo
25% down$917.31/mo
30% down$856.16/mo
35% down$795.00/mo
40% down$733.85/mo
45% down$672.70/mo
50% down$611.54/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 204,000 house with a 20% down payment?
($163,200 loan. 30 year mortgage)
0.25%$470.59
0.50%$488.28
0.75%$506.39
1.00%$524.92
1.25%$543.87
1.50%$563.24
1.75%$583.02
2.00%$603.22
2.25%$623.83
2.50%$644.84
2.75%$666.25
3.00%$688.06
3.25%$710.26
3.50%$732.84
3.75%$755.80
4.00%$779.14
4.25%$802.85
4.50%$826.91
4.75%$851.33
5.00%$876.09
5.25%$901.20
5.50%$926.63
5.75%$952.39
6.00%$978.47
6.25%$1,004.85
6.50%$1,031.54
6.75%$1,058.51
7.00%$1,085.77
7.25%$1,113.31
7.50%$1,141.12
7.75%$1,169.18
8.00%$1,197.50
8.25%$1,226.07
8.50%$1,254.87
8.75%$1,283.90
9.00%$1,313.14
9.25%$1,342.61
9.50%$1,372.27
9.75%$1,402.14
10.00%$1,432.20
10.25%$1,462.44
10.50%$1,492.85
10.75%$1,523.44
11.00%$1,554.19
11.25%$1,585.10
11.50%$1,616.16
11.75%$1,647.36
12.00%$1,678.70