$225,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $225k 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 225,000 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 $225,000 house.
2% interest
0% down$831.64/mo
5% down$790.06/mo
10% down$748.48/mo
15% down$706.90/mo
20% down$665.32/mo
25% down$623.73/mo
30% down$582.15/mo
35% down$540.57/mo
40% down$498.99/mo
45% down$457.40/mo
50% down$415.82/mo
4% interest
0% down$1,074.18/mo
5% down$1,020.48/mo
10% down$966.77/mo
15% down$913.06/mo
20% down$859.35/mo
25% down$805.64/mo
30% down$751.93/mo
35% down$698.22/mo
40% down$644.51/mo
45% down$590.80/mo
50% down$537.09/mo
6% interest
0% down$1,348.99/mo
5% down$1,281.54/mo
10% down$1,214.09/mo
15% down$1,146.64/mo
20% down$1,079.19/mo
25% down$1,011.74/mo
30% down$944.29/mo
35% down$876.84/mo
40% down$809.39/mo
45% down$741.94/mo
50% down$674.49/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 225,000 house with a 20% down payment?
($180,000 loan. 30 year mortgage)
0.25%$519.04
0.50%$538.54
0.75%$558.51
1.00%$578.95
1.25%$599.85
1.50%$621.22
1.75%$643.04
2.00%$665.32
2.25%$688.04
2.50%$711.22
2.75%$734.83
3.00%$758.89
3.25%$783.37
3.50%$808.28
3.75%$833.61
4.00%$859.35
4.25%$885.49
4.50%$912.03
4.75%$938.97
5.00%$966.28
5.25%$993.97
5.50%$1,022.02
5.75%$1,050.43
6.00%$1,079.19
6.25%$1,108.29
6.50%$1,137.72
6.75%$1,167.48
7.00%$1,197.54
7.25%$1,227.92
7.50%$1,258.59
7.75%$1,289.54
8.00%$1,320.78
8.25%$1,352.28
8.50%$1,384.04
8.75%$1,416.06
9.00%$1,448.32
9.25%$1,480.82
9.50%$1,513.54
9.75%$1,546.48
10.00%$1,579.63
10.25%$1,612.98
10.50%$1,646.53
10.75%$1,680.27
11.00%$1,714.18
11.25%$1,748.27
11.50%$1,782.52
11.75%$1,816.94
12.00%$1,851.50