$75,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $75k 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 75,000 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 $75,000 house.
2% interest
0% down$277.21/mo
5% down$263.35/mo
10% down$249.49/mo
15% down$235.63/mo
20% down$221.77/mo
25% down$207.91/mo
30% down$194.05/mo
35% down$180.19/mo
40% down$166.33/mo
45% down$152.47/mo
50% down$138.61/mo
4% interest
0% down$358.06/mo
5% down$340.16/mo
10% down$322.26/mo
15% down$304.35/mo
20% down$286.45/mo
25% down$268.55/mo
30% down$250.64/mo
35% down$232.74/mo
40% down$214.84/mo
45% down$196.93/mo
50% down$179.03/mo
6% interest
0% down$449.66/mo
5% down$427.18/mo
10% down$404.70/mo
15% down$382.21/mo
20% down$359.73/mo
25% down$337.25/mo
30% down$314.76/mo
35% down$292.28/mo
40% down$269.80/mo
45% down$247.31/mo
50% down$224.83/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 75,000 house with a 20% down payment?
($60,000 loan. 30 year mortgage)
0.25%$173.01
0.50%$179.51
0.75%$186.17
1.00%$192.98
1.25%$199.95
1.50%$207.07
1.75%$214.35
2.00%$221.77
2.25%$229.35
2.50%$237.07
2.75%$244.94
3.00%$252.96
3.25%$261.12
3.50%$269.43
3.75%$277.87
4.00%$286.45
4.25%$295.16
4.50%$304.01
4.75%$312.99
5.00%$322.09
5.25%$331.32
5.50%$340.67
5.75%$350.14
6.00%$359.73
6.25%$369.43
6.50%$379.24
6.75%$389.16
7.00%$399.18
7.25%$409.31
7.50%$419.53
7.75%$429.85
8.00%$440.26
8.25%$450.76
8.50%$461.35
8.75%$472.02
9.00%$482.77
9.25%$493.61
9.50%$504.51
9.75%$515.49
10.00%$526.54
10.25%$537.66
10.50%$548.84
10.75%$560.09
11.00%$571.39
11.25%$582.76
11.50%$594.17
11.75%$605.65
12.00%$617.17