$99,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $99k 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 99,000 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 $99,000 house.
2% interest
0% down$365.92/mo
5% down$347.63/mo
10% down$329.33/mo
15% down$311.03/mo
20% down$292.74/mo
25% down$274.44/mo
30% down$256.15/mo
35% down$237.85/mo
40% down$219.55/mo
45% down$201.26/mo
50% down$182.96/mo
4% interest
0% down$472.64/mo
5% down$449.01/mo
10% down$425.38/mo
15% down$401.74/mo
20% down$378.11/mo
25% down$354.48/mo
30% down$330.85/mo
35% down$307.22/mo
40% down$283.58/mo
45% down$259.95/mo
50% down$236.32/mo
6% interest
0% down$593.56/mo
5% down$563.88/mo
10% down$534.20/mo
15% down$504.52/mo
20% down$474.84/mo
25% down$445.17/mo
30% down$415.49/mo
35% down$385.81/mo
40% down$356.13/mo
45% down$326.46/mo
50% down$296.78/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 99,000 house with a 20% down payment?
($79,200 loan. 30 year mortgage)
0.25%$228.38
0.50%$236.96
0.75%$245.75
1.00%$254.74
1.25%$263.94
1.50%$273.34
1.75%$282.94
2.00%$292.74
2.25%$302.74
2.50%$312.94
2.75%$323.33
3.00%$333.91
3.25%$344.68
3.50%$355.64
3.75%$366.79
4.00%$378.11
4.25%$389.62
4.50%$401.29
4.75%$413.14
5.00%$425.16
5.25%$437.35
5.50%$449.69
5.75%$462.19
6.00%$474.84
6.25%$487.65
6.50%$500.60
6.75%$513.69
7.00%$526.92
7.25%$540.28
7.50%$553.78
7.75%$567.40
8.00%$581.14
8.25%$595.00
8.50%$608.98
8.75%$623.07
9.00%$637.26
9.25%$651.56
9.50%$665.96
9.75%$680.45
10.00%$695.04
10.25%$709.71
10.50%$724.47
10.75%$739.32
11.00%$754.24
11.25%$769.24
11.50%$784.31
11.75%$799.45
12.00%$814.66