$78,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $78k 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 78,000 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 $78,000 house.
2% interest
0% down$288.30/mo
5% down$273.89/mo
10% down$259.47/mo
15% down$245.06/mo
20% down$230.64/mo
25% down$216.23/mo
30% down$201.81/mo
35% down$187.40/mo
40% down$172.98/mo
45% down$158.57/mo
50% down$144.15/mo
4% interest
0% down$372.38/mo
5% down$353.76/mo
10% down$335.15/mo
15% down$316.53/mo
20% down$297.91/mo
25% down$279.29/mo
30% down$260.67/mo
35% down$242.05/mo
40% down$223.43/mo
45% down$204.81/mo
50% down$186.19/mo
6% interest
0% down$467.65/mo
5% down$444.27/mo
10% down$420.88/mo
15% down$397.50/mo
20% down$374.12/mo
25% down$350.74/mo
30% down$327.35/mo
35% down$303.97/mo
40% down$280.59/mo
45% down$257.21/mo
50% down$233.82/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 78,000 house with a 20% down payment?
($62,400 loan. 30 year mortgage)
0.25%$179.93
0.50%$186.69
0.75%$193.62
1.00%$200.70
1.25%$207.95
1.50%$215.36
1.75%$222.92
2.00%$230.64
2.25%$238.52
2.50%$246.56
2.75%$254.74
3.00%$263.08
3.25%$271.57
3.50%$280.20
3.75%$288.98
4.00%$297.91
4.25%$306.97
4.50%$316.17
4.75%$325.51
5.00%$334.98
5.25%$344.58
5.50%$354.30
5.75%$364.15
6.00%$374.12
6.25%$384.21
6.50%$394.41
6.75%$404.73
7.00%$415.15
7.25%$425.68
7.50%$436.31
7.75%$447.04
8.00%$457.87
8.25%$468.79
8.50%$479.80
8.75%$490.90
9.00%$502.08
9.25%$513.35
9.50%$524.69
9.75%$536.11
10.00%$547.60
10.25%$559.17
10.50%$570.80
10.75%$582.49
11.00%$594.25
11.25%$606.07
11.50%$617.94
11.75%$629.87
12.00%$641.85