$25,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $25k 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 25,000 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 $25,000 house.
2% interest
0% down$92.40/mo
5% down$87.78/mo
10% down$83.16/mo
15% down$78.54/mo
20% down$73.92/mo
25% down$69.30/mo
30% down$64.68/mo
35% down$60.06/mo
40% down$55.44/mo
45% down$50.82/mo
50% down$46.20/mo
4% interest
0% down$119.35/mo
5% down$113.39/mo
10% down$107.42/mo
15% down$101.45/mo
20% down$95.48/mo
25% down$89.52/mo
30% down$83.55/mo
35% down$77.58/mo
40% down$71.61/mo
45% down$65.64/mo
50% down$59.68/mo
6% interest
0% down$149.89/mo
5% down$142.39/mo
10% down$134.90/mo
15% down$127.40/mo
20% down$119.91/mo
25% down$112.42/mo
30% down$104.92/mo
35% down$97.43/mo
40% down$89.93/mo
45% down$82.44/mo
50% down$74.94/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 25,000 house with a 20% down payment?
($20,000 loan. 30 year mortgage)
0.25%$57.67
0.50%$59.84
0.75%$62.06
1.00%$64.33
1.25%$66.65
1.50%$69.02
1.75%$71.45
2.00%$73.92
2.25%$76.45
2.50%$79.02
2.75%$81.65
3.00%$84.32
3.25%$87.04
3.50%$89.81
3.75%$92.62
4.00%$95.48
4.25%$98.39
4.50%$101.34
4.75%$104.33
5.00%$107.36
5.25%$110.44
5.50%$113.56
5.75%$116.71
6.00%$119.91
6.25%$123.14
6.50%$126.41
6.75%$129.72
7.00%$133.06
7.25%$136.44
7.50%$139.84
7.75%$143.28
8.00%$146.75
8.25%$150.25
8.50%$153.78
8.75%$157.34
9.00%$160.92
9.25%$164.54
9.50%$168.17
9.75%$171.83
10.00%$175.51
10.25%$179.22
10.50%$182.95
10.75%$186.70
11.00%$190.46
11.25%$194.25
11.50%$198.06
11.75%$201.88
12.00%$205.72