$86,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $86k 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 86,000 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 $86,000 house.
2% interest
0% down$317.87/mo
5% down$301.98/mo
10% down$286.09/mo
15% down$270.19/mo
20% down$254.30/mo
25% down$238.40/mo
30% down$222.51/mo
35% down$206.62/mo
40% down$190.72/mo
45% down$174.83/mo
50% down$158.94/mo
4% interest
0% down$410.58/mo
5% down$390.05/mo
10% down$369.52/mo
15% down$348.99/mo
20% down$328.46/mo
25% down$307.93/mo
30% down$287.40/mo
35% down$266.88/mo
40% down$246.35/mo
45% down$225.82/mo
50% down$205.29/mo
6% interest
0% down$515.61/mo
5% down$489.83/mo
10% down$464.05/mo
15% down$438.27/mo
20% down$412.49/mo
25% down$386.71/mo
30% down$360.93/mo
35% down$335.15/mo
40% down$309.37/mo
45% down$283.59/mo
50% down$257.81/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 86,000 house with a 20% down payment?
($68,800 loan. 30 year mortgage)
0.25%$198.39
0.50%$205.84
0.75%$213.48
1.00%$221.29
1.25%$229.28
1.50%$237.44
1.75%$245.78
2.00%$254.30
2.25%$262.99
2.50%$271.84
2.75%$280.87
3.00%$290.06
3.25%$299.42
3.50%$308.94
3.75%$318.62
4.00%$328.46
4.25%$338.45
4.50%$348.60
4.75%$358.89
5.00%$369.33
5.25%$379.92
5.50%$390.64
5.75%$401.50
6.00%$412.49
6.25%$423.61
6.50%$434.86
6.75%$446.24
7.00%$457.73
7.25%$469.34
7.50%$481.06
7.75%$492.89
8.00%$504.83
8.25%$516.87
8.50%$529.01
8.75%$541.25
9.00%$553.58
9.25%$566.00
9.50%$578.51
9.75%$591.10
10.00%$603.77
10.25%$616.52
10.50%$629.34
10.75%$642.24
11.00%$655.20
11.25%$668.23
11.50%$681.32
11.75%$694.47
12.00%$707.69