Use the mortgage calculator to calculate the cost of buying a $82k 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 82,000 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 $82,000 house.
$82,000 Home at 2%
| 0% down | $303.09/mo |
| 5% down | $287.93/mo |
| 10% down | $272.78/mo |
| 15% down | $257.62/mo |
| 20% down | $242.47/mo |
| 25% down | $227.32/mo |
| 30% down | $212.16/mo |
| 35% down | $197.01/mo |
| 40% down | $181.85/mo |
| 45% down | $166.70/mo |
| 50% down | $151.54/mo |
$82,000 Home at 4%
| 0% down | $391.48/mo |
| 5% down | $371.91/mo |
| 10% down | $352.33/mo |
| 15% down | $332.76/mo |
| 20% down | $313.18/mo |
| 25% down | $293.61/mo |
| 30% down | $274.04/mo |
| 35% down | $254.46/mo |
| 40% down | $234.89/mo |
| 45% down | $215.31/mo |
| 50% down | $195.74/mo |
$82,000 Home at 6%
| 0% down | $491.63/mo |
| 5% down | $467.05/mo |
| 10% down | $442.47/mo |
| 15% down | $417.89/mo |
| 20% down | $393.31/mo |
| 25% down | $368.72/mo |
| 30% down | $344.14/mo |
| 35% down | $319.56/mo |
| 40% down | $294.98/mo |
| 45% down | $270.40/mo |
| 50% down | $245.82/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.