$226,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $226k 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 226,000 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 $226,000 house.
2% interest
0% down$835.34/mo
5% down$793.57/mo
10% down$751.81/mo
15% down$710.04/mo
20% down$668.27/mo
25% down$626.51/mo
30% down$584.74/mo
35% down$542.97/mo
40% down$501.20/mo
45% down$459.44/mo
50% down$417.67/mo
4% interest
0% down$1,078.96/mo
5% down$1,025.01/mo
10% down$971.06/mo
15% down$917.11/mo
20% down$863.17/mo
25% down$809.22/mo
30% down$755.27/mo
35% down$701.32/mo
40% down$647.38/mo
45% down$593.43/mo
50% down$539.48/mo
6% interest
0% down$1,354.98/mo
5% down$1,287.23/mo
10% down$1,219.49/mo
15% down$1,151.74/mo
20% down$1,083.99/mo
25% down$1,016.24/mo
30% down$948.49/mo
35% down$880.74/mo
40% down$812.99/mo
45% down$745.24/mo
50% down$677.49/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 226,000 house with a 20% down payment?
($180,800 loan. 30 year mortgage)
0.25%$521.34
0.50%$540.93
0.75%$561.00
1.00%$581.52
1.25%$602.52
1.50%$623.98
1.75%$645.90
2.00%$668.27
2.25%$691.10
2.50%$714.38
2.75%$738.10
3.00%$762.26
3.25%$786.85
3.50%$811.87
3.75%$837.31
4.00%$863.17
4.25%$889.43
4.50%$916.09
4.75%$943.14
5.00%$970.57
5.25%$998.38
5.50%$1,026.56
5.75%$1,055.10
6.00%$1,083.99
6.25%$1,113.22
6.50%$1,142.78
6.75%$1,172.67
7.00%$1,202.87
7.25%$1,233.37
7.50%$1,264.18
7.75%$1,295.27
8.00%$1,326.65
8.25%$1,358.29
8.50%$1,390.20
8.75%$1,422.35
9.00%$1,454.76
9.25%$1,487.40
9.50%$1,520.26
9.75%$1,553.35
10.00%$1,586.65
10.25%$1,620.15
10.50%$1,653.85
10.75%$1,687.73
11.00%$1,721.80
11.25%$1,756.04
11.50%$1,790.45
11.75%$1,825.01
12.00%$1,859.73