$36,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $36k 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 36,000 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 $36,000 house.
2% interest
0% down$133.06/mo
5% down$126.41/mo
10% down$119.76/mo
15% down$113.10/mo
20% down$106.45/mo
25% down$99.80/mo
30% down$93.14/mo
35% down$86.49/mo
40% down$79.84/mo
45% down$73.18/mo
50% down$66.53/mo
4% interest
0% down$171.87/mo
5% down$163.28/mo
10% down$154.68/mo
15% down$146.09/mo
20% down$137.50/mo
25% down$128.90/mo
30% down$120.31/mo
35% down$111.72/mo
40% down$103.12/mo
45% down$94.53/mo
50% down$85.93/mo
6% interest
0% down$215.84/mo
5% down$205.05/mo
10% down$194.25/mo
15% down$183.46/mo
20% down$172.67/mo
25% down$161.88/mo
30% down$151.09/mo
35% down$140.29/mo
40% down$129.50/mo
45% down$118.71/mo
50% down$107.92/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 36,000 house with a 20% down payment?
($28,800 loan. 30 year mortgage)
0.25%$83.05
0.50%$86.17
0.75%$89.36
1.00%$92.63
1.25%$95.98
1.50%$99.39
1.75%$102.89
2.00%$106.45
2.25%$110.09
2.50%$113.79
2.75%$117.57
3.00%$121.42
3.25%$125.34
3.50%$129.32
3.75%$133.38
4.00%$137.50
4.25%$141.68
4.50%$145.93
4.75%$150.23
5.00%$154.60
5.25%$159.03
5.50%$163.52
5.75%$168.07
6.00%$172.67
6.25%$177.33
6.50%$182.04
6.75%$186.80
7.00%$191.61
7.25%$196.47
7.50%$201.37
7.75%$206.33
8.00%$211.32
8.25%$216.36
8.50%$221.45
8.75%$226.57
9.00%$231.73
9.25%$236.93
9.50%$242.17
9.75%$247.44
10.00%$252.74
10.25%$258.08
10.50%$263.44
10.75%$268.84
11.00%$274.27
11.25%$279.72
11.50%$285.20
11.75%$290.71
12.00%$296.24