$41,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $41k 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 41,000 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 $41,000 house.
2% interest
0% down$151.54/mo
5% down$143.97/mo
10% down$136.39/mo
15% down$128.81/mo
20% down$121.24/mo
25% down$113.66/mo
30% down$106.08/mo
35% down$98.50/mo
40% down$90.93/mo
45% down$83.35/mo
50% down$75.77/mo
4% interest
0% down$195.74/mo
5% down$185.95/mo
10% down$176.17/mo
15% down$166.38/mo
20% down$156.59/mo
25% down$146.81/mo
30% down$137.02/mo
35% down$127.23/mo
40% down$117.44/mo
45% down$107.66/mo
50% down$97.87/mo
6% interest
0% down$245.82/mo
5% down$233.52/mo
10% down$221.23/mo
15% down$208.94/mo
20% down$196.65/mo
25% down$184.36/mo
30% down$172.07/mo
35% down$159.78/mo
40% down$147.49/mo
45% down$135.20/mo
50% down$122.91/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 41,000 house with a 20% down payment?
($32,800 loan. 30 year mortgage)
0.25%$94.58
0.50%$98.13
0.75%$101.77
1.00%$105.50
1.25%$109.31
1.50%$113.20
1.75%$117.18
2.00%$121.24
2.25%$125.38
2.50%$129.60
2.75%$133.90
3.00%$138.29
3.25%$142.75
3.50%$147.29
3.75%$151.90
4.00%$156.59
4.25%$161.36
4.50%$166.19
4.75%$171.10
5.00%$176.08
5.25%$181.12
5.50%$186.23
5.75%$191.41
6.00%$196.65
6.25%$201.96
6.50%$207.32
6.75%$212.74
7.00%$218.22
7.25%$223.75
7.50%$229.34
7.75%$234.98
8.00%$240.67
8.25%$246.42
8.50%$252.20
8.75%$258.04
9.00%$263.92
9.25%$269.84
9.50%$275.80
9.75%$281.80
10.00%$287.84
10.25%$293.92
10.50%$300.03
10.75%$306.18
11.00%$312.36
11.25%$318.57
11.50%$324.82
11.75%$331.09
12.00%$337.38