$72,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $72k 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 72,000 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 $72,000 house.
2% interest
0% down$266.13/mo
5% down$252.82/mo
10% down$239.51/mo
15% down$226.21/mo
20% down$212.90/mo
25% down$199.59/mo
30% down$186.29/mo
35% down$172.98/mo
40% down$159.68/mo
45% down$146.37/mo
50% down$133.06/mo
4% interest
0% down$343.74/mo
5% down$326.55/mo
10% down$309.37/mo
15% down$292.18/mo
20% down$274.99/mo
25% down$257.80/mo
30% down$240.62/mo
35% down$223.43/mo
40% down$206.24/mo
45% down$189.06/mo
50% down$171.87/mo
6% interest
0% down$431.68/mo
5% down$410.09/mo
10% down$388.51/mo
15% down$366.92/mo
20% down$345.34/mo
25% down$323.76/mo
30% down$302.17/mo
35% down$280.59/mo
40% down$259.01/mo
45% down$237.42/mo
50% down$215.84/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 72,000 house with a 20% down payment?
($57,600 loan. 30 year mortgage)
0.25%$166.09
0.50%$172.33
0.75%$178.72
1.00%$185.26
1.25%$191.95
1.50%$198.79
1.75%$205.77
2.00%$212.90
2.25%$220.17
2.50%$227.59
2.75%$235.15
3.00%$242.84
3.25%$250.68
3.50%$258.65
3.75%$266.75
4.00%$274.99
4.25%$283.36
4.50%$291.85
4.75%$300.47
5.00%$309.21
5.25%$318.07
5.50%$327.05
5.75%$336.14
6.00%$345.34
6.25%$354.65
6.50%$364.07
6.75%$373.59
7.00%$383.21
7.25%$392.93
7.50%$402.75
7.75%$412.65
8.00%$422.65
8.25%$432.73
8.50%$442.89
8.75%$453.14
9.00%$463.46
9.25%$473.86
9.50%$484.33
9.75%$494.87
10.00%$505.48
10.25%$516.15
10.50%$526.89
10.75%$537.69
11.00%$548.54
11.25%$559.45
11.50%$570.41
11.75%$581.42
12.00%$592.48