$259,000 Mortgage Loan Payments and Costs

$
$
%
years
%

Loan Summary


Use the mortgage calculator to calculate the cost of buying a $259k 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 259,000 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 $259,000 house.
2% interest
0% down$957.31/mo
5% down$909.45/mo
10% down$861.58/mo
15% down$813.72/mo
20% down$765.85/mo
25% down$717.99/mo
30% down$670.12/mo
35% down$622.25/mo
40% down$574.39/mo
45% down$526.52/mo
50% down$478.66/mo
4% interest
0% down$1,236.51/mo
5% down$1,174.68/mo
10% down$1,112.86/mo
15% down$1,051.03/mo
20% down$989.20/mo
25% down$927.38/mo
30% down$865.55/mo
35% down$803.73/mo
40% down$741.90/mo
45% down$680.08/mo
50% down$618.25/mo
6% interest
0% down$1,552.84/mo
5% down$1,475.19/mo
10% down$1,397.55/mo
15% down$1,319.91/mo
20% down$1,242.27/mo
25% down$1,164.63/mo
30% down$1,086.99/mo
35% down$1,009.34/mo
40% down$931.70/mo
45% down$854.06/mo
50% down$776.42/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 259,000 house with a 20% down payment?
($207,200 loan. 30 year mortgage)
0.25%$597.47
0.50%$619.92
0.75%$642.91
1.00%$666.44
1.25%$690.50
1.50%$715.09
1.75%$740.21
2.00%$765.85
2.25%$792.01
2.50%$818.69
2.75%$845.88
3.00%$873.56
3.25%$901.75
3.50%$930.42
3.75%$959.58
4.00%$989.20
4.25%$1,019.30
4.50%$1,049.85
4.75%$1,080.85
5.00%$1,112.29
5.25%$1,144.17
5.50%$1,176.46
5.75%$1,209.16
6.00%$1,242.27
6.25%$1,275.77
6.50%$1,309.64
6.75%$1,343.90
7.00%$1,378.51
7.25%$1,413.47
7.50%$1,448.77
7.75%$1,484.41
8.00%$1,520.36
8.25%$1,556.62
8.50%$1,593.19
8.75%$1,630.04
9.00%$1,667.18
9.25%$1,704.58
9.50%$1,742.25
9.75%$1,780.17
10.00%$1,818.33
10.25%$1,856.72
10.50%$1,895.34
10.75%$1,934.17
11.00%$1,973.21
11.25%$2,012.45
11.50%$2,051.88
11.75%$2,091.50
12.00%$2,131.29