$206,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $206k 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 206,000 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 $206,000 house.
2% interest
0% down$761.42/mo
5% down$723.35/mo
10% down$685.27/mo
15% down$647.20/mo
20% down$609.13/mo
25% down$571.06/mo
30% down$532.99/mo
35% down$494.92/mo
40% down$456.85/mo
45% down$418.78/mo
50% down$380.71/mo
4% interest
0% down$983.48/mo
5% down$934.30/mo
10% down$885.13/mo
15% down$835.95/mo
20% down$786.78/mo
25% down$737.61/mo
30% down$688.43/mo
35% down$639.26/mo
40% down$590.09/mo
45% down$540.91/mo
50% down$491.74/mo
6% interest
0% down$1,235.07/mo
5% down$1,173.32/mo
10% down$1,111.57/mo
15% down$1,049.81/mo
20% down$988.06/mo
25% down$926.31/mo
30% down$864.55/mo
35% down$802.80/mo
40% down$741.04/mo
45% down$679.29/mo
50% down$617.54/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 206,000 house with a 20% down payment?
($164,800 loan. 30 year mortgage)
0.25%$475.21
0.50%$493.06
0.75%$511.35
1.00%$530.06
1.25%$549.20
1.50%$568.76
1.75%$588.74
2.00%$609.13
2.25%$629.94
2.50%$651.16
2.75%$672.78
3.00%$694.80
3.25%$717.22
3.50%$740.03
3.75%$763.21
4.00%$786.78
4.25%$810.72
4.50%$835.02
4.75%$859.67
5.00%$884.68
5.25%$910.03
5.50%$935.72
5.75%$961.73
6.00%$988.06
6.25%$1,014.70
6.50%$1,041.65
6.75%$1,068.89
7.00%$1,096.42
7.25%$1,124.23
7.50%$1,152.31
7.75%$1,180.65
8.00%$1,209.24
8.25%$1,238.09
8.50%$1,267.17
8.75%$1,296.48
9.00%$1,326.02
9.25%$1,355.77
9.50%$1,385.73
9.75%$1,415.89
10.00%$1,446.24
10.25%$1,476.77
10.50%$1,507.49
10.75%$1,538.38
11.00%$1,569.43
11.25%$1,600.64
11.50%$1,632.00
11.75%$1,663.51
12.00%$1,695.15