$44,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $44k 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 44,000 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 $44,000 house.
2% interest
0% down$162.63/mo
5% down$154.50/mo
10% down$146.37/mo
15% down$138.24/mo
20% down$130.11/mo
25% down$121.97/mo
30% down$113.84/mo
35% down$105.71/mo
40% down$97.58/mo
45% down$89.45/mo
50% down$81.32/mo
4% interest
0% down$210.06/mo
5% down$199.56/mo
10% down$189.06/mo
15% down$178.55/mo
20% down$168.05/mo
25% down$157.55/mo
30% down$147.04/mo
35% down$136.54/mo
40% down$126.04/mo
45% down$115.53/mo
50% down$105.03/mo
6% interest
0% down$263.80/mo
5% down$250.61/mo
10% down$237.42/mo
15% down$224.23/mo
20% down$211.04/mo
25% down$197.85/mo
30% down$184.66/mo
35% down$171.47/mo
40% down$158.28/mo
45% down$145.09/mo
50% down$131.90/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 44,000 house with a 20% down payment?
($35,200 loan. 30 year mortgage)
0.25%$101.50
0.50%$105.31
0.75%$109.22
1.00%$113.22
1.25%$117.30
1.50%$121.48
1.75%$125.75
2.00%$130.11
2.25%$134.55
2.50%$139.08
2.75%$143.70
3.00%$148.40
3.25%$153.19
3.50%$158.06
3.75%$163.02
4.00%$168.05
4.25%$173.16
4.50%$178.35
4.75%$183.62
5.00%$188.96
5.25%$194.38
5.50%$199.86
5.75%$205.42
6.00%$211.04
6.25%$216.73
6.50%$222.49
6.75%$228.31
7.00%$234.19
7.25%$240.13
7.50%$246.12
7.75%$252.18
8.00%$258.29
8.25%$264.45
8.50%$270.66
8.75%$276.92
9.00%$283.23
9.25%$289.58
9.50%$295.98
9.75%$302.42
10.00%$308.91
10.25%$315.43
10.50%$321.99
10.75%$328.59
11.00%$335.22
11.25%$341.88
11.50%$348.58
11.75%$355.31
12.00%$362.07