$9,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $9k 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 9,000 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 $9,000 house.
2% interest
0% down$33.27/mo
5% down$31.60/mo
10% down$29.94/mo
15% down$28.28/mo
20% down$26.61/mo
25% down$24.95/mo
30% down$23.29/mo
35% down$21.62/mo
40% down$19.96/mo
45% down$18.30/mo
50% down$16.63/mo
4% interest
0% down$42.97/mo
5% down$40.82/mo
10% down$38.67/mo
15% down$36.52/mo
20% down$34.37/mo
25% down$32.23/mo
30% down$30.08/mo
35% down$27.93/mo
40% down$25.78/mo
45% down$23.63/mo
50% down$21.48/mo
6% interest
0% down$53.96/mo
5% down$51.26/mo
10% down$48.56/mo
15% down$45.87/mo
20% down$43.17/mo
25% down$40.47/mo
30% down$37.77/mo
35% down$35.07/mo
40% down$32.38/mo
45% down$29.68/mo
50% down$26.98/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 9,000 house with a 20% down payment?
($7,200 loan. 30 year mortgage)
0.25%$20.76
0.50%$21.54
0.75%$22.34
1.00%$23.16
1.25%$23.99
1.50%$24.85
1.75%$25.72
2.00%$26.61
2.25%$27.52
2.50%$28.45
2.75%$29.39
3.00%$30.36
3.25%$31.33
3.50%$32.33
3.75%$33.34
4.00%$34.37
4.25%$35.42
4.50%$36.48
4.75%$37.56
5.00%$38.65
5.25%$39.76
5.50%$40.88
5.75%$42.02
6.00%$43.17
6.25%$44.33
6.50%$45.51
6.75%$46.70
7.00%$47.90
7.25%$49.12
7.50%$50.34
7.75%$51.58
8.00%$52.83
8.25%$54.09
8.50%$55.36
8.75%$56.64
9.00%$57.93
9.25%$59.23
9.50%$60.54
9.75%$61.86
10.00%$63.19
10.25%$64.52
10.50%$65.86
10.75%$67.21
11.00%$68.57
11.25%$69.93
11.50%$71.30
11.75%$72.68
12.00%$74.06