$212,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $212k 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 212,000 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 $212,000 house.
2% interest
0% down$783.59/mo
5% down$744.41/mo
10% down$705.23/mo
15% down$666.05/mo
20% down$626.87/mo
25% down$587.69/mo
30% down$548.52/mo
35% down$509.34/mo
40% down$470.16/mo
45% down$430.98/mo
50% down$391.80/mo
4% interest
0% down$1,012.12/mo
5% down$961.51/mo
10% down$910.91/mo
15% down$860.30/mo
20% down$809.70/mo
25% down$759.09/mo
30% down$708.48/mo
35% down$657.88/mo
40% down$607.27/mo
45% down$556.67/mo
50% down$506.06/mo
6% interest
0% down$1,271.05/mo
5% down$1,207.49/mo
10% down$1,143.94/mo
15% down$1,080.39/mo
20% down$1,016.84/mo
25% down$953.29/mo
30% down$889.73/mo
35% down$826.18/mo
40% down$762.63/mo
45% down$699.08/mo
50% down$635.52/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 212,000 house with a 20% down payment?
($169,600 loan. 30 year mortgage)
0.25%$489.05
0.50%$507.43
0.75%$526.24
1.00%$545.50
1.25%$565.19
1.50%$585.32
1.75%$605.88
2.00%$626.87
2.25%$648.29
2.50%$670.13
2.75%$692.38
3.00%$715.04
3.25%$738.11
3.50%$761.58
3.75%$785.44
4.00%$809.70
4.25%$834.33
4.50%$859.34
4.75%$884.71
5.00%$910.45
5.25%$936.54
5.50%$962.97
5.75%$989.74
6.00%$1,016.84
6.25%$1,044.26
6.50%$1,071.99
6.75%$1,100.02
7.00%$1,128.35
7.25%$1,156.97
7.50%$1,185.87
7.75%$1,215.04
8.00%$1,244.46
8.25%$1,274.15
8.50%$1,304.08
8.75%$1,334.24
9.00%$1,364.64
9.25%$1,395.26
9.50%$1,426.09
9.75%$1,457.13
10.00%$1,488.36
10.25%$1,519.79
10.50%$1,551.40
10.75%$1,583.18
11.00%$1,615.14
11.25%$1,647.26
11.50%$1,679.53
11.75%$1,711.96
12.00%$1,744.53