$33,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $33k 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 33,000 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 $33,000 house.
2% interest
0% down$121.97/mo
5% down$115.88/mo
10% down$109.78/mo
15% down$103.68/mo
20% down$97.58/mo
25% down$91.48/mo
30% down$85.38/mo
35% down$79.28/mo
40% down$73.18/mo
45% down$67.09/mo
50% down$60.99/mo
4% interest
0% down$157.55/mo
5% down$149.67/mo
10% down$141.79/mo
15% down$133.91/mo
20% down$126.04/mo
25% down$118.16/mo
30% down$110.28/mo
35% down$102.41/mo
40% down$94.53/mo
45% down$86.65/mo
50% down$78.77/mo
6% interest
0% down$197.85/mo
5% down$187.96/mo
10% down$178.07/mo
15% down$168.17/mo
20% down$158.28/mo
25% down$148.39/mo
30% down$138.50/mo
35% down$128.60/mo
40% down$118.71/mo
45% down$108.82/mo
50% down$98.93/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 33,000 house with a 20% down payment?
($26,400 loan. 30 year mortgage)
0.25%$76.13
0.50%$78.99
0.75%$81.92
1.00%$84.91
1.25%$87.98
1.50%$91.11
1.75%$94.31
2.00%$97.58
2.25%$100.91
2.50%$104.31
2.75%$107.78
3.00%$111.30
3.25%$114.89
3.50%$118.55
3.75%$122.26
4.00%$126.04
4.25%$129.87
4.50%$133.76
4.75%$137.71
5.00%$141.72
5.25%$145.78
5.50%$149.90
5.75%$154.06
6.00%$158.28
6.25%$162.55
6.50%$166.87
6.75%$171.23
7.00%$175.64
7.25%$180.09
7.50%$184.59
7.75%$189.13
8.00%$193.71
8.25%$198.33
8.50%$202.99
8.75%$207.69
9.00%$212.42
9.25%$217.19
9.50%$221.99
9.75%$226.82
10.00%$231.68
10.25%$236.57
10.50%$241.49
10.75%$246.44
11.00%$251.41
11.25%$256.41
11.50%$261.44
11.75%$266.48
12.00%$271.55