$69,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $69k 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 69,000 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 $69,000 house.
2% interest
0% down$255.04/mo
5% down$242.29/mo
10% down$229.53/mo
15% down$216.78/mo
20% down$204.03/mo
25% down$191.28/mo
30% down$178.53/mo
35% down$165.77/mo
40% down$153.02/mo
45% down$140.27/mo
50% down$127.52/mo
4% interest
0% down$329.42/mo
5% down$312.95/mo
10% down$296.47/mo
15% down$280.00/mo
20% down$263.53/mo
25% down$247.06/mo
30% down$230.59/mo
35% down$214.12/mo
40% down$197.65/mo
45% down$181.18/mo
50% down$164.71/mo
6% interest
0% down$413.69/mo
5% down$393.01/mo
10% down$372.32/mo
15% down$351.64/mo
20% down$330.95/mo
25% down$310.27/mo
30% down$289.58/mo
35% down$268.90/mo
40% down$248.21/mo
45% down$227.53/mo
50% down$206.84/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 69,000 house with a 20% down payment?
($55,200 loan. 30 year mortgage)
0.25%$159.17
0.50%$165.15
0.75%$171.28
1.00%$177.55
1.25%$183.95
1.50%$190.51
1.75%$197.20
2.00%$204.03
2.25%$211.00
2.50%$218.11
2.75%$225.35
3.00%$232.73
3.25%$240.23
3.50%$247.87
3.75%$255.64
4.00%$263.53
4.25%$271.55
4.50%$279.69
4.75%$287.95
5.00%$296.33
5.25%$304.82
5.50%$313.42
5.75%$322.13
6.00%$330.95
6.25%$339.88
6.50%$348.90
6.75%$358.03
7.00%$367.25
7.25%$376.56
7.50%$385.97
7.75%$395.46
8.00%$405.04
8.25%$414.70
8.50%$424.44
8.75%$434.26
9.00%$444.15
9.25%$454.12
9.50%$464.15
9.75%$474.25
10.00%$484.42
10.25%$494.65
10.50%$504.94
10.75%$515.28
11.00%$525.68
11.25%$536.14
11.50%$546.64
11.75%$557.19
12.00%$567.79