$94,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $94k 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 94,000 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 $94,000 house.
2% interest
0% down$347.44/mo
5% down$330.07/mo
10% down$312.70/mo
15% down$295.33/mo
20% down$277.95/mo
25% down$260.58/mo
30% down$243.21/mo
35% down$225.84/mo
40% down$208.47/mo
45% down$191.09/mo
50% down$173.72/mo
4% interest
0% down$448.77/mo
5% down$426.33/mo
10% down$403.89/mo
15% down$381.45/mo
20% down$359.02/mo
25% down$336.58/mo
30% down$314.14/mo
35% down$291.70/mo
40% down$269.26/mo
45% down$246.82/mo
50% down$224.39/mo
6% interest
0% down$563.58/mo
5% down$535.40/mo
10% down$507.22/mo
15% down$479.04/mo
20% down$450.86/mo
25% down$422.68/mo
30% down$394.50/mo
35% down$366.33/mo
40% down$338.15/mo
45% down$309.97/mo
50% down$281.79/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 94,000 house with a 20% down payment?
($75,200 loan. 30 year mortgage)
0.25%$216.84
0.50%$224.99
0.75%$233.33
1.00%$241.87
1.25%$250.61
1.50%$259.53
1.75%$268.65
2.00%$277.95
2.25%$287.45
2.50%$297.13
2.75%$307.00
3.00%$317.05
3.25%$327.28
3.50%$337.68
3.75%$348.26
4.00%$359.02
4.25%$369.94
4.50%$381.03
4.75%$392.28
5.00%$403.69
5.25%$415.26
5.50%$426.98
5.75%$438.85
6.00%$450.86
6.25%$463.02
6.50%$475.32
6.75%$487.75
7.00%$500.31
7.25%$513.00
7.50%$525.81
7.75%$538.74
8.00%$551.79
8.25%$564.95
8.50%$578.22
8.75%$591.60
9.00%$605.08
9.25%$618.65
9.50%$632.32
9.75%$646.08
10.00%$659.93
10.25%$673.87
10.50%$687.88
10.75%$701.98
11.00%$716.15
11.25%$730.39
11.50%$744.70
11.75%$759.08
12.00%$773.52