$150,000 Mortgage for 30 Years

What is the monthly payment of a 150,000 dollar loan?
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Loan Tables for a $150,000 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 150k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $150,000 home? What if I pay a bigger down payment? Make sure to think about maintenance costs, taxes, insurance, and other costs.

Use this to calculate a loan for anything, such as a vehicle, business loan, home, RV, motor home, mobile home, manufactured home, real estate, land, vacation property, education, or any type of debt.
Interest Rate 30 Year
150,000 at 2.01%$555.18
150,000 at 2.02%$555.93
150,000 at 2.03%$556.68
150,000 at 2.04%$557.43
150,000 at 2.05%$558.19
150,000 at 2.06%$558.94
150,000 at 2.07%$559.69
150,000 at 2.08%$560.45
150,000 at 2.09%$561.20
150,000 at 2.1%$561.96
150,000 at 2.11%$562.72
150,000 at 2.12%$563.47
150,000 at 2.13%$564.23
150,000 at 2.14%$564.99
150,000 at 2.15%$565.75
150,000 at 2.16%$566.51
150,000 at 2.17%$567.27
150,000 at 2.18%$568.03
150,000 at 2.19%$568.79
150,000 at 2.2%$569.55
150,000 at 2.21%$570.31
150,000 at 2.22%$571.08
150,000 at 2.23%$571.84
150,000 at 2.24%$572.60
150,000 at 2.25%$573.37
150,000 at 2.26%$574.13
150,000 at 2.27%$574.90
150,000 at 2.28%$575.67
150,000 at 2.29%$576.43
150,000 at 2.3%$577.20
150,000 at 2.31%$577.97
150,000 at 2.32%$578.74
150,000 at 2.33%$579.51
150,000 at 2.34%$580.28
150,000 at 2.35%$581.05
150,000 at 2.36%$581.82
150,000 at 2.37%$582.59
150,000 at 2.38%$583.37
150,000 at 2.39%$584.14
150,000 at 2.4%$584.91
150,000 at 2.41%$585.69
150,000 at 2.42%$586.46
150,000 at 2.43%$587.24
150,000 at 2.44%$588.01
150,000 at 2.45%$588.79
150,000 at 2.46%$589.57
150,000 at 2.47%$590.34
150,000 at 2.48%$591.12
150,000 at 2.49%$591.90
150,000 at 2.5%$592.68
150,000 at 2.51%$593.46
150,000 at 2.52%$594.24
150,000 at 2.53%$595.02
150,000 at 2.54%$595.81
150,000 at 2.55%$596.59
150,000 at 2.56%$597.37
150,000 at 2.57%$598.15
150,000 at 2.58%$598.94
150,000 at 2.59%$599.72
150,000 at 2.6%$600.51
150,000 at 2.61%$601.30
150,000 at 2.62%$602.08
150,000 at 2.63%$602.87
150,000 at 2.64%$603.66
150,000 at 2.65%$604.45
150,000 at 2.66%$605.23
150,000 at 2.67%$606.02
150,000 at 2.68%$606.81
150,000 at 2.69%$607.61
150,000 at 2.7%$608.40
150,000 at 2.71%$609.19
150,000 at 2.72%$609.98
150,000 at 2.73%$610.77
150,000 at 2.74%$611.57
150,000 at 2.75%$612.36
150,000 at 2.76%$613.16
150,000 at 2.77%$613.95
150,000 at 2.78%$614.75
150,000 at 2.79%$615.54
150,000 at 2.8%$616.34
150,000 at 2.81%$617.14
150,000 at 2.82%$617.94
150,000 at 2.83%$618.74
150,000 at 2.84%$619.54
150,000 at 2.85%$620.34
150,000 at 2.86%$621.14
150,000 at 2.87%$621.94
150,000 at 2.88%$622.74
150,000 at 2.89%$623.54
150,000 at 2.9%$624.34
150,000 at 2.91%$625.15
150,000 at 2.92%$625.95
150,000 at 2.93%$626.76
150,000 at 2.94%$627.56
150,000 at 2.95%$628.37
150,000 at 2.96%$629.17
150,000 at 2.97%$629.98
150,000 at 2.98%$630.79
150,000 at 2.99%$631.60
150,000 at 3%$632.41
150,000 at 3.01%$633.22
150,000 at 3.02%$634.03
150,000 at 3.03%$634.84
150,000 at 3.04%$635.65
150,000 at 3.05%$636.46
150,000 at 3.06%$637.27
150,000 at 3.07%$638.08
150,000 at 3.08%$638.90
150,000 at 3.09%$639.71
150,000 at 3.1%$640.52
150,000 at 3.11%$641.34
150,000 at 3.12%$642.16
150,000 at 3.13%$642.97
150,000 at 3.14%$643.79
150,000 at 3.15%$644.61
150,000 at 3.16%$645.42
150,000 at 3.17%$646.24
150,000 at 3.18%$647.06
150,000 at 3.19%$647.88
150,000 at 3.2%$648.70
150,000 at 3.21%$649.52
150,000 at 3.22%$650.34
150,000 at 3.23%$651.16
150,000 at 3.24%$651.99
150,000 at 3.25%$652.81
150,000 at 3.26%$653.63
150,000 at 3.27%$654.46
150,000 at 3.28%$655.28
150,000 at 3.29%$656.11
150,000 at 3.3%$656.93
150,000 at 3.31%$657.76
150,000 at 3.32%$658.59
150,000 at 3.33%$659.41
150,000 at 3.34%$660.24
150,000 at 3.35%$661.07
150,000 at 3.36%$661.90
150,000 at 3.37%$662.73
150,000 at 3.38%$663.56
150,000 at 3.39%$664.39
150,000 at 3.4%$665.22
150,000 at 3.41%$666.05
150,000 at 3.42%$666.89
150,000 at 3.43%$667.72
150,000 at 3.44%$668.55
150,000 at 3.45%$669.39
150,000 at 3.46%$670.22
150,000 at 3.47%$671.06
150,000 at 3.48%$671.89
150,000 at 3.49%$672.73
150,000 at 3.5%$673.57
Interest Rate 30 Year
150,000 at 3.51%$674.40
150,000 at 3.52%$675.24
150,000 at 3.53%$676.08
150,000 at 3.54%$676.92
150,000 at 3.55%$677.76
150,000 at 3.56%$678.60
150,000 at 3.57%$679.44
150,000 at 3.58%$680.28
150,000 at 3.59%$681.13
150,000 at 3.6%$681.97
150,000 at 3.61%$682.81
150,000 at 3.62%$683.65
150,000 at 3.63%$684.50
150,000 at 3.64%$685.34
150,000 at 3.65%$686.19
150,000 at 3.66%$687.04
150,000 at 3.67%$687.88
150,000 at 3.68%$688.73
150,000 at 3.69%$689.58
150,000 at 3.7%$690.42
150,000 at 3.71%$691.27
150,000 at 3.72%$692.12
150,000 at 3.73%$692.97
150,000 at 3.74%$693.82
150,000 at 3.75%$694.67
150,000 at 3.76%$695.52
150,000 at 3.77%$696.38
150,000 at 3.78%$697.23
150,000 at 3.79%$698.08
150,000 at 3.8%$698.94
150,000 at 3.81%$699.79
150,000 at 3.82%$700.64
150,000 at 3.83%$701.50
150,000 at 3.84%$702.36
150,000 at 3.85%$703.21
150,000 at 3.86%$704.07
150,000 at 3.87%$704.93
150,000 at 3.88%$705.78
150,000 at 3.89%$706.64
150,000 at 3.9%$707.50
150,000 at 3.91%$708.36
150,000 at 3.92%$709.22
150,000 at 3.93%$710.08
150,000 at 3.94%$710.94
150,000 at 3.95%$711.81
150,000 at 3.96%$712.67
150,000 at 3.97%$713.53
150,000 at 3.98%$714.39
150,000 at 3.99%$715.26
150,000 at 4%$716.12
150,000 at 4.01%$716.99
150,000 at 4.02%$717.85
150,000 at 4.03%$718.72
150,000 at 4.04%$719.59
150,000 at 4.05%$720.45
150,000 at 4.06%$721.32
150,000 at 4.07%$722.19
150,000 at 4.08%$723.06
150,000 at 4.09%$723.93
150,000 at 4.1%$724.80
150,000 at 4.11%$725.67
150,000 at 4.12%$726.54
150,000 at 4.13%$727.41
150,000 at 4.14%$728.28
150,000 at 4.15%$729.15
150,000 at 4.16%$730.03
150,000 at 4.17%$730.90
150,000 at 4.18%$731.78
150,000 at 4.19%$732.65
150,000 at 4.2%$733.53
150,000 at 4.21%$734.40
150,000 at 4.22%$735.28
150,000 at 4.23%$736.15
150,000 at 4.24%$737.03
150,000 at 4.25%$737.91
150,000 at 4.26%$738.79
150,000 at 4.27%$739.67
150,000 at 4.28%$740.55
150,000 at 4.29%$741.43
150,000 at 4.3%$742.31
150,000 at 4.31%$743.19
150,000 at 4.32%$744.07
150,000 at 4.33%$744.95
150,000 at 4.34%$745.83
150,000 at 4.35%$746.72
150,000 at 4.36%$747.60
150,000 at 4.37%$748.49
150,000 at 4.38%$749.37
150,000 at 4.39%$750.26
150,000 at 4.4%$751.14
150,000 at 4.41%$752.03
150,000 at 4.42%$752.91
150,000 at 4.43%$753.80
150,000 at 4.44%$754.69
150,000 at 4.45%$755.58
150,000 at 4.46%$756.47
150,000 at 4.47%$757.36
150,000 at 4.48%$758.25
150,000 at 4.49%$759.14
150,000 at 4.5%$760.03
150,000 at 4.51%$760.92
150,000 at 4.52%$761.81
150,000 at 4.53%$762.70
150,000 at 4.54%$763.60
150,000 at 4.55%$764.49
150,000 at 4.56%$765.38
150,000 at 4.57%$766.28
150,000 at 4.58%$767.17
150,000 at 4.59%$768.07
150,000 at 4.6%$768.97
150,000 at 4.61%$769.86
150,000 at 4.62%$770.76
150,000 at 4.63%$771.66
150,000 at 4.64%$772.56
150,000 at 4.65%$773.46
150,000 at 4.66%$774.35
150,000 at 4.67%$775.25
150,000 at 4.68%$776.15
150,000 at 4.69%$777.06
150,000 at 4.7%$777.96
150,000 at 4.71%$778.86
150,000 at 4.72%$779.76
150,000 at 4.73%$780.66
150,000 at 4.74%$781.57
150,000 at 4.75%$782.47
150,000 at 4.76%$783.38
150,000 at 4.77%$784.28
150,000 at 4.78%$785.19
150,000 at 4.79%$786.09
150,000 at 4.8%$787.00
150,000 at 4.81%$787.90
150,000 at 4.82%$788.81
150,000 at 4.83%$789.72
150,000 at 4.84%$790.63
150,000 at 4.85%$791.54
150,000 at 4.86%$792.45
150,000 at 4.87%$793.36
150,000 at 4.88%$794.27
150,000 at 4.89%$795.18
150,000 at 4.9%$796.09
150,000 at 4.91%$797.00
150,000 at 4.92%$797.91
150,000 at 4.93%$798.83
150,000 at 4.94%$799.74
150,000 at 4.95%$800.65
150,000 at 4.96%$801.57
150,000 at 4.97%$802.48
150,000 at 4.98%$803.40
150,000 at 4.99%$804.32
150,000 at 5%$805.23
Interest Rate 30 Year
150,000 at 5.01%$806.15
150,000 at 5.02%$807.07
150,000 at 5.03%$807.98
150,000 at 5.04%$808.90
150,000 at 5.05%$809.82
150,000 at 5.06%$810.74
150,000 at 5.07%$811.66
150,000 at 5.08%$812.58
150,000 at 5.09%$813.50
150,000 at 5.1%$814.42
150,000 at 5.11%$815.35
150,000 at 5.12%$816.27
150,000 at 5.13%$817.19
150,000 at 5.14%$818.12
150,000 at 5.15%$819.04
150,000 at 5.16%$819.96
150,000 at 5.17%$820.89
150,000 at 5.18%$821.81
150,000 at 5.19%$822.74
150,000 at 5.2%$823.67
150,000 at 5.21%$824.59
150,000 at 5.22%$825.52
150,000 at 5.23%$826.45
150,000 at 5.24%$827.38
150,000 at 5.25%$828.31
150,000 at 5.26%$829.23
150,000 at 5.27%$830.16
150,000 at 5.28%$831.09
150,000 at 5.29%$832.03
150,000 at 5.3%$832.96
150,000 at 5.31%$833.89
150,000 at 5.32%$834.82
150,000 at 5.33%$835.75
150,000 at 5.34%$836.69
150,000 at 5.35%$837.62
150,000 at 5.36%$838.55
150,000 at 5.37%$839.49
150,000 at 5.38%$840.42
150,000 at 5.39%$841.36
150,000 at 5.4%$842.30
150,000 at 5.41%$843.23
150,000 at 5.42%$844.17
150,000 at 5.43%$845.11
150,000 at 5.44%$846.05
150,000 at 5.45%$846.98
150,000 at 5.46%$847.92
150,000 at 5.47%$848.86
150,000 at 5.48%$849.80
150,000 at 5.49%$850.74
150,000 at 5.5%$851.68
150,000 at 5.51%$852.62
150,000 at 5.52%$853.57
150,000 at 5.53%$854.51
150,000 at 5.54%$855.45
150,000 at 5.55%$856.40
150,000 at 5.56%$857.34
150,000 at 5.57%$858.28
150,000 at 5.58%$859.23
150,000 at 5.59%$860.17
150,000 at 5.6%$861.12
150,000 at 5.61%$862.06
150,000 at 5.62%$863.01
150,000 at 5.63%$863.96
150,000 at 5.64%$864.91
150,000 at 5.65%$865.85
150,000 at 5.66%$866.80
150,000 at 5.67%$867.75
150,000 at 5.68%$868.70
150,000 at 5.69%$869.65
150,000 at 5.7%$870.60
150,000 at 5.71%$871.55
150,000 at 5.72%$872.50
150,000 at 5.73%$873.45
150,000 at 5.74%$874.41
150,000 at 5.75%$875.36
150,000 at 5.76%$876.31
150,000 at 5.77%$877.27
150,000 at 5.78%$878.22
150,000 at 5.79%$879.17
150,000 at 5.8%$880.13
150,000 at 5.81%$881.09
150,000 at 5.82%$882.04
150,000 at 5.83%$883.00
150,000 at 5.84%$883.95
150,000 at 5.85%$884.91
150,000 at 5.86%$885.87
150,000 at 5.87%$886.83
150,000 at 5.88%$887.79
150,000 at 5.89%$888.75
150,000 at 5.9%$889.70
150,000 at 5.91%$890.66
150,000 at 5.92%$891.63
150,000 at 5.93%$892.59
150,000 at 5.94%$893.55
150,000 at 5.95%$894.51
150,000 at 5.96%$895.47
150,000 at 5.97%$896.43
150,000 at 5.98%$897.40
150,000 at 5.99%$898.36
150,000 at 6%$899.33
150,000 at 6.01%$900.29
150,000 at 6.02%$901.26
150,000 at 6.03%$902.22
150,000 at 6.04%$903.19
150,000 at 6.05%$904.15
150,000 at 6.06%$905.12
150,000 at 6.07%$906.09
150,000 at 6.08%$907.06
150,000 at 6.09%$908.02
150,000 at 6.1%$908.99
150,000 at 6.11%$909.96
150,000 at 6.12%$910.93
150,000 at 6.13%$911.90
150,000 at 6.14%$912.87
150,000 at 6.15%$913.84
150,000 at 6.16%$914.81
150,000 at 6.17%$915.79
150,000 at 6.18%$916.76
150,000 at 6.19%$917.73
150,000 at 6.2%$918.70
150,000 at 6.21%$919.68
150,000 at 6.22%$920.65
150,000 at 6.23%$921.63
150,000 at 6.24%$922.60
150,000 at 6.25%$923.58
150,000 at 6.26%$924.55
150,000 at 6.27%$925.53
150,000 at 6.28%$926.50
150,000 at 6.29%$927.48
150,000 at 6.3%$928.46
150,000 at 6.31%$929.44
150,000 at 6.32%$930.42
150,000 at 6.33%$931.39
150,000 at 6.34%$932.37
150,000 at 6.35%$933.35
150,000 at 6.36%$934.33
150,000 at 6.37%$935.31
150,000 at 6.38%$936.30
150,000 at 6.39%$937.28
150,000 at 6.4%$938.26
150,000 at 6.41%$939.24
150,000 at 6.42%$940.22
150,000 at 6.43%$941.21
150,000 at 6.44%$942.19
150,000 at 6.45%$943.18
150,000 at 6.46%$944.16
150,000 at 6.47%$945.14
150,000 at 6.48%$946.13
150,000 at 6.49%$947.12
150,000 at 6.5%$948.10
Interest Rate 30 Year
150,000 at 6.51%$949.09
150,000 at 6.52%$950.08
150,000 at 6.53%$951.06
150,000 at 6.54%$952.05
150,000 at 6.55%$953.04
150,000 at 6.56%$954.03
150,000 at 6.57%$955.02
150,000 at 6.58%$956.01
150,000 at 6.59%$957.00
150,000 at 6.6%$957.99
150,000 at 6.61%$958.98
150,000 at 6.62%$959.97
150,000 at 6.63%$960.96
150,000 at 6.64%$961.95
150,000 at 6.65%$962.95
150,000 at 6.66%$963.94
150,000 at 6.67%$964.93
150,000 at 6.68%$965.93
150,000 at 6.69%$966.92
150,000 at 6.7%$967.92
150,000 at 6.71%$968.91
150,000 at 6.72%$969.91
150,000 at 6.73%$970.90
150,000 at 6.74%$971.90
150,000 at 6.75%$972.90
150,000 at 6.76%$973.89
150,000 at 6.77%$974.89
150,000 at 6.78%$975.89
150,000 at 6.79%$976.89
150,000 at 6.8%$977.89
150,000 at 6.81%$978.89
150,000 at 6.82%$979.89
150,000 at 6.83%$980.89
150,000 at 6.84%$981.89
150,000 at 6.85%$982.89
150,000 at 6.86%$983.89
150,000 at 6.87%$984.89
150,000 at 6.88%$985.89
150,000 at 6.89%$986.90
150,000 at 6.9%$987.90
150,000 at 6.91%$988.90
150,000 at 6.92%$989.91
150,000 at 6.93%$990.91
150,000 at 6.94%$991.92
150,000 at 6.95%$992.92
150,000 at 6.96%$993.93
150,000 at 6.97%$994.93
150,000 at 6.98%$995.94
150,000 at 6.99%$996.95
150,000 at 7%$997.95
150,000 at 7.01%$998.96
150,000 at 7.02%$999.97
150,000 at 7.03%$1,000.98
150,000 at 7.04%$1,001.99
150,000 at 7.05%$1,003.00
150,000 at 7.06%$1,004.01
150,000 at 7.07%$1,005.02
150,000 at 7.08%$1,006.03
150,000 at 7.09%$1,007.04
150,000 at 7.1%$1,008.05
150,000 at 7.11%$1,009.06
150,000 at 7.12%$1,010.07
150,000 at 7.13%$1,011.08
150,000 at 7.14%$1,012.10
150,000 at 7.15%$1,013.11
150,000 at 7.16%$1,014.12
150,000 at 7.17%$1,015.14
150,000 at 7.18%$1,016.15
150,000 at 7.19%$1,017.17
150,000 at 7.2%$1,018.18
150,000 at 7.21%$1,019.20
150,000 at 7.22%$1,020.21
150,000 at 7.23%$1,021.23
150,000 at 7.24%$1,022.25
150,000 at 7.25%$1,023.26
150,000 at 7.26%$1,024.28
150,000 at 7.27%$1,025.30
150,000 at 7.28%$1,026.32
150,000 at 7.29%$1,027.34
150,000 at 7.3%$1,028.36
150,000 at 7.31%$1,029.38
150,000 at 7.32%$1,030.40
150,000 at 7.33%$1,031.42
150,000 at 7.34%$1,032.44
150,000 at 7.35%$1,033.46
150,000 at 7.36%$1,034.48
150,000 at 7.37%$1,035.50
150,000 at 7.38%$1,036.52
150,000 at 7.39%$1,037.55
150,000 at 7.4%$1,038.57
150,000 at 7.41%$1,039.59
150,000 at 7.42%$1,040.62
150,000 at 7.43%$1,041.64
150,000 at 7.44%$1,042.67
150,000 at 7.45%$1,043.69
150,000 at 7.46%$1,044.72
150,000 at 7.47%$1,045.74
150,000 at 7.48%$1,046.77
150,000 at 7.49%$1,047.79
150,000 at 7.5%$1,048.82
150,000 at 7.51%$1,049.85
150,000 at 7.52%$1,050.88
150,000 at 7.53%$1,051.90
150,000 at 7.54%$1,052.93
150,000 at 7.55%$1,053.96
150,000 at 7.56%$1,054.99
150,000 at 7.57%$1,056.02
150,000 at 7.58%$1,057.05
150,000 at 7.59%$1,058.08
150,000 at 7.6%$1,059.11
150,000 at 7.61%$1,060.14
150,000 at 7.62%$1,061.17
150,000 at 7.63%$1,062.21
150,000 at 7.64%$1,063.24
150,000 at 7.65%$1,064.27
150,000 at 7.66%$1,065.30
150,000 at 7.67%$1,066.34
150,000 at 7.68%$1,067.37
150,000 at 7.69%$1,068.41
150,000 at 7.7%$1,069.44
150,000 at 7.71%$1,070.48
150,000 at 7.72%$1,071.51
150,000 at 7.73%$1,072.55
150,000 at 7.74%$1,073.58
150,000 at 7.75%$1,074.62
150,000 at 7.76%$1,075.66
150,000 at 7.77%$1,076.69
150,000 at 7.78%$1,077.73
150,000 at 7.79%$1,078.77
150,000 at 7.8%$1,079.81
150,000 at 7.81%$1,080.84
150,000 at 7.82%$1,081.88
150,000 at 7.83%$1,082.92
150,000 at 7.84%$1,083.96
150,000 at 7.85%$1,085.00
150,000 at 7.86%$1,086.04
150,000 at 7.87%$1,087.08
150,000 at 7.88%$1,088.12
150,000 at 7.89%$1,089.17
150,000 at 7.9%$1,090.21
150,000 at 7.91%$1,091.25
150,000 at 7.92%$1,092.29
150,000 at 7.93%$1,093.34
150,000 at 7.94%$1,094.38
150,000 at 7.95%$1,095.42
150,000 at 7.96%$1,096.47
150,000 at 7.97%$1,097.51
150,000 at 7.98%$1,098.56
150,000 at 7.99%$1,099.60
150,000 at 8%$1,100.65
More Amounts
150,500
151,000
151,500
152,000
152,500
153,000
153,500
154,000
154,500
155,000
155,500
156,000
156,500
157,000
157,500
158,000
158,500
159,000
159,500
160,000
What is the down payment for a $150,000 house? How much do you need to put down?
Percent Down Down Payment
1%1,500
2%3,000
3%4,500
4%6,000
5%7,500
6%9,000
7%10,500
8%12,000
9%13,500
10%15,000
11%16,500
12%18,000
13%19,500
14%21,000
15%22,500
16%24,000
17%25,500
18%27,000
19%28,500
20%30,000
Percent Down Down Payment
21%31,500
22%33,000
23%34,500
24%36,000
25%37,500
26%39,000
27%40,500
28%42,000
29%43,500
30%45,000
31%46,500
32%48,000
33%49,500
34%51,000
35%52,500
36%54,000
37%55,500
38%57,000
39%58,500
40%60,000
Percent Down Down Payment
41%61,500
42%63,000
43%64,500
44%66,000
45%67,500
46%69,000
47%70,500
48%72,000
49%73,500
50%75,000
51%76,500
52%78,000
53%79,500
54%81,000
55%82,500
56%84,000
57%85,500
58%87,000
59%88,500
60%90,000
Percent Down Down Payment
61%91,500
62%93,000
63%94,500
64%96,000
65%97,500
66%99,000
67%100,500
68%102,000
69%103,500
70%105,000
71%106,500
72%108,000
73%109,500
74%111,000
75%112,500
76%114,000
77%115,500
78%117,000
79%118,500
80%120,000
Percent Down Down Payment
81%121,500
82%123,000
83%124,500
84%126,000
85%127,500
86%129,000
87%130,500
88%132,000
89%133,500
90%135,000
91%136,500
92%138,000
93%139,500
94%141,000
95%142,500
96%144,000
97%145,500
98%147,000
99%148,500
100%150,000
Common Loan Vocabulary Terms
APR Annual Percentage Rate, the annual cost of borrowing or lending money.
PMI Private Mortgage Insurance. A downpayment less than 20% often requires that the borrower purchase PMI. This increases the overall monthly payment.
Property Taxes Taxes charged by the local government to the owner of the property. This is often charged as a percentage of the assessed value of the property.
Insurance Home insurance protects your property against damage. Flood insurance is often recommended for some areas of the country. Individuals with a high net worth might consider an umbrella policy.
HOA Homeowners' Association. Usually part of a condo development or subdivision. The HOA often sets the rules, takes care of common maintenance, and charges a fee.
Mortgage Refinance After mortgage rates have decreased, it is often possible to get a new mortgage at a lower rate. This is a loan refinance and can save lots of money.