$64,000 Mortgage Loan Payments and Costs

$
$
%
years
%

Loan Summary


Use the mortgage calculator to calculate the cost of buying a $64k 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 64,000 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 $64,000 house.
2% interest
0% down$236.56/mo
5% down$224.73/mo
10% down$212.90/mo
15% down$201.07/mo
20% down$189.25/mo
25% down$177.42/mo
30% down$165.59/mo
35% down$153.76/mo
40% down$141.93/mo
45% down$130.11/mo
50% down$118.28/mo
4% interest
0% down$305.55/mo
5% down$290.27/mo
10% down$274.99/mo
15% down$259.71/mo
20% down$244.44/mo
25% down$229.16/mo
30% down$213.88/mo
35% down$198.60/mo
40% down$183.33/mo
45% down$168.05/mo
50% down$152.77/mo
6% interest
0% down$383.71/mo
5% down$364.53/mo
10% down$345.34/mo
15% down$326.16/mo
20% down$306.97/mo
25% down$287.78/mo
30% down$268.60/mo
35% down$249.41/mo
40% down$230.23/mo
45% down$211.04/mo
50% down$191.86/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 64,000 house with a 20% down payment?
($51,200 loan. 30 year mortgage)
0.25%$147.64
0.50%$153.19
0.75%$158.87
1.00%$164.68
1.25%$170.62
1.50%$176.70
1.75%$182.91
2.00%$189.25
2.25%$195.71
2.50%$202.30
2.75%$209.02
3.00%$215.86
3.25%$222.83
3.50%$229.91
3.75%$237.12
4.00%$244.44
4.25%$251.87
4.50%$259.42
4.75%$267.08
5.00%$274.85
5.25%$282.73
5.50%$290.71
5.75%$298.79
6.00%$306.97
6.25%$315.25
6.50%$323.62
6.75%$332.08
7.00%$340.63
7.25%$349.27
7.50%$358.00
7.75%$366.80
8.00%$375.69
8.25%$384.65
8.50%$393.68
8.75%$402.79
9.00%$411.97
9.25%$421.21
9.50%$430.52
9.75%$439.89
10.00%$449.32
10.25%$458.80
10.50%$468.35
10.75%$477.94
11.00%$487.59
11.25%$497.29
11.50%$507.03
11.75%$516.82
12.00%$526.65