$81,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $81k 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 81,000 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 $81,000 house.
2% interest
0% down$299.39/mo
5% down$284.42/mo
10% down$269.45/mo
15% down$254.48/mo
20% down$239.51/mo
25% down$224.54/mo
30% down$209.57/mo
35% down$194.60/mo
40% down$179.64/mo
45% down$164.67/mo
50% down$149.70/mo
4% interest
0% down$386.71/mo
5% down$367.37/mo
10% down$348.04/mo
15% down$328.70/mo
20% down$309.37/mo
25% down$290.03/mo
30% down$270.69/mo
35% down$251.36/mo
40% down$232.02/mo
45% down$212.69/mo
50% down$193.35/mo
6% interest
0% down$485.64/mo
5% down$461.35/mo
10% down$437.07/mo
15% down$412.79/mo
20% down$388.51/mo
25% down$364.23/mo
30% down$339.95/mo
35% down$315.66/mo
40% down$291.38/mo
45% down$267.10/mo
50% down$242.82/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 81,000 house with a 20% down payment?
($64,800 loan. 30 year mortgage)
0.25%$186.85
0.50%$193.87
0.75%$201.06
1.00%$208.42
1.25%$215.95
1.50%$223.64
1.75%$231.49
2.00%$239.51
2.25%$247.70
2.50%$256.04
2.75%$264.54
3.00%$273.20
3.25%$282.01
3.50%$290.98
3.75%$300.10
4.00%$309.37
4.25%$318.78
4.50%$328.33
4.75%$338.03
5.00%$347.86
5.25%$357.83
5.50%$367.93
5.75%$378.16
6.00%$388.51
6.25%$398.98
6.50%$409.58
6.75%$420.29
7.00%$431.12
7.25%$442.05
7.50%$453.09
7.75%$464.24
8.00%$475.48
8.25%$486.82
8.50%$498.26
8.75%$509.78
9.00%$521.40
9.25%$533.09
9.50%$544.87
9.75%$556.73
10.00%$568.67
10.25%$580.67
10.50%$592.75
10.75%$604.90
11.00%$617.11
11.25%$629.38
11.50%$641.71
11.75%$654.10
12.00%$666.54