$74,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $74k 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 74,000 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 $74,000 house.
2% interest
0% down$273.52/mo
5% down$259.84/mo
10% down$246.17/mo
15% down$232.49/mo
20% down$218.81/mo
25% down$205.14/mo
30% down$191.46/mo
35% down$177.79/mo
40% down$164.11/mo
45% down$150.44/mo
50% down$136.76/mo
4% interest
0% down$353.29/mo
5% down$335.62/mo
10% down$317.96/mo
15% down$300.29/mo
20% down$282.63/mo
25% down$264.97/mo
30% down$247.30/mo
35% down$229.64/mo
40% down$211.97/mo
45% down$194.31/mo
50% down$176.64/mo
6% interest
0% down$443.67/mo
5% down$421.48/mo
10% down$399.30/mo
15% down$377.12/mo
20% down$354.93/mo
25% down$332.75/mo
30% down$310.57/mo
35% down$288.38/mo
40% down$266.20/mo
45% down$244.02/mo
50% down$221.83/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 74,000 house with a 20% down payment?
($59,200 loan. 30 year mortgage)
0.25%$170.71
0.50%$177.12
0.75%$183.69
1.00%$190.41
1.25%$197.28
1.50%$204.31
1.75%$211.49
2.00%$218.81
2.25%$226.29
2.50%$233.91
2.75%$241.68
3.00%$249.59
3.25%$257.64
3.50%$265.83
3.75%$274.16
4.00%$282.63
4.25%$291.23
4.50%$299.96
4.75%$308.82
5.00%$317.80
5.25%$326.90
5.50%$336.13
5.75%$345.48
6.00%$354.93
6.25%$364.50
6.50%$374.18
6.75%$383.97
7.00%$393.86
7.25%$403.85
7.50%$413.93
7.75%$424.12
8.00%$434.39
8.25%$444.75
8.50%$455.20
8.75%$465.73
9.00%$476.34
9.25%$487.02
9.50%$497.79
9.75%$508.62
10.00%$519.52
10.25%$530.49
10.50%$541.53
10.75%$552.62
11.00%$563.78
11.25%$574.99
11.50%$586.25
11.75%$597.57
12.00%$608.94