$208,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $208k 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 208,000 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 $208,000 house.
2% interest
0% down$768.81/mo
5% down$730.37/mo
10% down$691.93/mo
15% down$653.49/mo
20% down$615.05/mo
25% down$576.61/mo
30% down$538.17/mo
35% down$499.73/mo
40% down$461.29/mo
45% down$422.84/mo
50% down$384.40/mo
4% interest
0% down$993.02/mo
5% down$943.37/mo
10% down$893.72/mo
15% down$844.07/mo
20% down$794.42/mo
25% down$744.77/mo
30% down$695.12/mo
35% down$645.47/mo
40% down$595.81/mo
45% down$546.16/mo
50% down$496.51/mo
6% interest
0% down$1,247.07/mo
5% down$1,184.71/mo
10% down$1,122.36/mo
15% down$1,060.01/mo
20% down$997.65/mo
25% down$935.30/mo
30% down$872.95/mo
35% down$810.59/mo
40% down$748.24/mo
45% down$685.89/mo
50% down$623.53/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 208,000 house with a 20% down payment?
($166,400 loan. 30 year mortgage)
0.25%$479.82
0.50%$497.85
0.75%$516.31
1.00%$535.21
1.25%$554.53
1.50%$574.28
1.75%$594.45
2.00%$615.05
2.25%$636.06
2.50%$657.48
2.75%$679.31
3.00%$701.55
3.25%$724.18
3.50%$747.21
3.75%$770.62
4.00%$794.42
4.25%$818.59
4.50%$843.12
4.75%$868.02
5.00%$893.27
5.25%$918.87
5.50%$944.80
5.75%$971.07
6.00%$997.65
6.25%$1,024.55
6.50%$1,051.76
6.75%$1,079.27
7.00%$1,107.06
7.25%$1,135.14
7.50%$1,163.49
7.75%$1,192.11
8.00%$1,220.98
8.25%$1,250.11
8.50%$1,279.47
8.75%$1,309.07
9.00%$1,338.89
9.25%$1,368.93
9.50%$1,399.18
9.75%$1,429.63
10.00%$1,460.28
10.25%$1,491.11
10.50%$1,522.13
10.75%$1,553.31
11.00%$1,584.67
11.25%$1,616.18
11.50%$1,647.84
11.75%$1,679.66
12.00%$1,711.61