$215,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $215k 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 215,000 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 $215,000 house.
2% interest
0% down$794.68/mo
5% down$754.95/mo
10% down$715.21/mo
15% down$675.48/mo
20% down$635.75/mo
25% down$596.01/mo
30% down$556.28/mo
35% down$516.54/mo
40% down$476.81/mo
45% down$437.08/mo
50% down$397.34/mo
4% interest
0% down$1,026.44/mo
5% down$975.12/mo
10% down$923.80/mo
15% down$872.48/mo
20% down$821.15/mo
25% down$769.83/mo
30% down$718.51/mo
35% down$667.19/mo
40% down$615.87/mo
45% down$564.54/mo
50% down$513.22/mo
6% interest
0% down$1,289.03/mo
5% down$1,224.58/mo
10% down$1,160.13/mo
15% down$1,095.68/mo
20% down$1,031.23/mo
25% down$966.78/mo
30% down$902.32/mo
35% down$837.87/mo
40% down$773.42/mo
45% down$708.97/mo
50% down$644.52/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 215,000 house with a 20% down payment?
($172,000 loan. 30 year mortgage)
0.25%$495.97
0.50%$514.61
0.75%$533.69
1.00%$553.22
1.25%$573.19
1.50%$593.61
1.75%$614.46
2.00%$635.75
2.25%$657.46
2.50%$679.61
2.75%$702.17
3.00%$725.16
3.25%$748.55
3.50%$772.36
3.75%$796.56
4.00%$821.15
4.25%$846.14
4.50%$871.50
4.75%$897.23
5.00%$923.33
5.25%$949.79
5.50%$976.60
5.75%$1,003.75
6.00%$1,031.23
6.25%$1,059.03
6.50%$1,087.16
6.75%$1,115.59
7.00%$1,144.32
7.25%$1,173.34
7.50%$1,202.65
7.75%$1,232.23
8.00%$1,262.08
8.25%$1,292.18
8.50%$1,322.53
8.75%$1,353.12
9.00%$1,383.95
9.25%$1,415.00
9.50%$1,446.27
9.75%$1,477.75
10.00%$1,509.42
10.25%$1,541.29
10.50%$1,573.35
10.75%$1,605.59
11.00%$1,638.00
11.25%$1,670.57
11.50%$1,703.30
11.75%$1,736.18
12.00%$1,769.21