$209,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $209k 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 209,000 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 $209,000 house.
2% interest
0% down$772.50/mo
5% down$733.88/mo
10% down$695.25/mo
15% down$656.63/mo
20% down$618.00/mo
25% down$579.38/mo
30% down$540.75/mo
35% down$502.13/mo
40% down$463.50/mo
45% down$424.88/mo
50% down$386.25/mo
4% interest
0% down$997.80/mo
5% down$947.91/mo
10% down$898.02/mo
15% down$848.13/mo
20% down$798.24/mo
25% down$748.35/mo
30% down$698.46/mo
35% down$648.57/mo
40% down$598.68/mo
45% down$548.79/mo
50% down$498.90/mo
6% interest
0% down$1,253.06/mo
5% down$1,190.41/mo
10% down$1,127.75/mo
15% down$1,065.10/mo
20% down$1,002.45/mo
25% down$939.80/mo
30% down$877.14/mo
35% down$814.49/mo
40% down$751.84/mo
45% down$689.18/mo
50% down$626.53/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 209,000 house with a 20% down payment?
($167,200 loan. 30 year mortgage)
0.25%$482.13
0.50%$500.24
0.75%$518.80
1.00%$537.78
1.25%$557.20
1.50%$577.04
1.75%$597.31
2.00%$618.00
2.25%$639.12
2.50%$660.64
2.75%$682.58
3.00%$704.92
3.25%$727.66
3.50%$750.80
3.75%$774.33
4.00%$798.24
4.25%$822.52
4.50%$847.18
4.75%$872.19
5.00%$897.57
5.25%$923.28
5.50%$949.34
5.75%$975.73
6.00%$1,002.45
6.25%$1,029.48
6.50%$1,056.82
6.75%$1,084.46
7.00%$1,112.39
7.25%$1,140.60
7.50%$1,169.09
7.75%$1,197.84
8.00%$1,226.85
8.25%$1,256.12
8.50%$1,285.62
8.75%$1,315.36
9.00%$1,345.33
9.25%$1,375.51
9.50%$1,405.91
9.75%$1,436.51
10.00%$1,467.30
10.25%$1,498.28
10.50%$1,529.44
10.75%$1,560.78
11.00%$1,592.28
11.25%$1,623.95
11.50%$1,655.77
11.75%$1,687.73
12.00%$1,719.84