$65,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $65k 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 65,000 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 $65,000 house.
2% interest
0% down$240.25/mo
5% down$228.24/mo
10% down$216.23/mo
15% down$204.21/mo
20% down$192.20/mo
25% down$180.19/mo
30% down$168.18/mo
35% down$156.16/mo
40% down$144.15/mo
45% down$132.14/mo
50% down$120.13/mo
4% interest
0% down$310.32/mo
5% down$294.80/mo
10% down$279.29/mo
15% down$263.77/mo
20% down$248.26/mo
25% down$232.74/mo
30% down$217.22/mo
35% down$201.71/mo
40% down$186.19/mo
45% down$170.68/mo
50% down$155.16/mo
6% interest
0% down$389.71/mo
5% down$370.22/mo
10% down$350.74/mo
15% down$331.25/mo
20% down$311.77/mo
25% down$292.28/mo
30% down$272.80/mo
35% down$253.31/mo
40% down$233.82/mo
45% down$214.34/mo
50% down$194.85/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 65,000 house with a 20% down payment?
($52,000 loan. 30 year mortgage)
0.25%$149.94
0.50%$155.58
0.75%$161.35
1.00%$167.25
1.25%$173.29
1.50%$179.46
1.75%$185.77
2.00%$192.20
2.25%$198.77
2.50%$205.46
2.75%$212.29
3.00%$219.23
3.25%$226.31
3.50%$233.50
3.75%$240.82
4.00%$248.26
4.25%$255.81
4.50%$263.48
4.75%$271.26
5.00%$279.15
5.25%$287.15
5.50%$295.25
5.75%$303.46
6.00%$311.77
6.25%$320.17
6.50%$328.68
6.75%$337.27
7.00%$345.96
7.25%$354.73
7.50%$363.59
7.75%$372.53
8.00%$381.56
8.25%$390.66
8.50%$399.84
8.75%$409.08
9.00%$418.40
9.25%$427.79
9.50%$437.24
9.75%$446.76
10.00%$456.34
10.25%$465.97
10.50%$475.66
10.75%$485.41
11.00%$495.21
11.25%$505.06
11.50%$514.95
11.75%$524.89
12.00%$534.88