$151,550 Mortgage for 30 Years

What is the monthly payment of a 151,550 dollar loan?
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Loan Tables for a $151,550 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 152k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $151,550 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
151,550 at 2.01%$560.92
151,550 at 2.02%$561.68
151,550 at 2.03%$562.43
151,550 at 2.04%$563.19
151,550 at 2.05%$563.96
151,550 at 2.06%$564.72
151,550 at 2.07%$565.48
151,550 at 2.08%$566.24
151,550 at 2.09%$567.00
151,550 at 2.1%$567.77
151,550 at 2.11%$568.53
151,550 at 2.12%$569.30
151,550 at 2.13%$570.06
151,550 at 2.14%$570.83
151,550 at 2.15%$571.59
151,550 at 2.16%$572.36
151,550 at 2.17%$573.13
151,550 at 2.18%$573.90
151,550 at 2.19%$574.67
151,550 at 2.2%$575.44
151,550 at 2.21%$576.21
151,550 at 2.22%$576.98
151,550 at 2.23%$577.75
151,550 at 2.24%$578.52
151,550 at 2.25%$579.29
151,550 at 2.26%$580.07
151,550 at 2.27%$580.84
151,550 at 2.28%$581.62
151,550 at 2.29%$582.39
151,550 at 2.3%$583.17
151,550 at 2.31%$583.94
151,550 at 2.32%$584.72
151,550 at 2.33%$585.50
151,550 at 2.34%$586.28
151,550 at 2.35%$587.05
151,550 at 2.36%$587.83
151,550 at 2.37%$588.61
151,550 at 2.38%$589.39
151,550 at 2.39%$590.17
151,550 at 2.4%$590.96
151,550 at 2.41%$591.74
151,550 at 2.42%$592.52
151,550 at 2.43%$593.30
151,550 at 2.44%$594.09
151,550 at 2.45%$594.87
151,550 at 2.46%$595.66
151,550 at 2.47%$596.44
151,550 at 2.48%$597.23
151,550 at 2.49%$598.02
151,550 at 2.5%$598.81
151,550 at 2.51%$599.59
151,550 at 2.52%$600.38
151,550 at 2.53%$601.17
151,550 at 2.54%$601.96
151,550 at 2.55%$602.75
151,550 at 2.56%$603.54
151,550 at 2.57%$604.34
151,550 at 2.58%$605.13
151,550 at 2.59%$605.92
151,550 at 2.6%$606.71
151,550 at 2.61%$607.51
151,550 at 2.62%$608.30
151,550 at 2.63%$609.10
151,550 at 2.64%$609.90
151,550 at 2.65%$610.69
151,550 at 2.66%$611.49
151,550 at 2.67%$612.29
151,550 at 2.68%$613.08
151,550 at 2.69%$613.88
151,550 at 2.7%$614.68
151,550 at 2.71%$615.48
151,550 at 2.72%$616.28
151,550 at 2.73%$617.09
151,550 at 2.74%$617.89
151,550 at 2.75%$618.69
151,550 at 2.76%$619.49
151,550 at 2.77%$620.30
151,550 at 2.78%$621.10
151,550 at 2.79%$621.91
151,550 at 2.8%$622.71
151,550 at 2.81%$623.52
151,550 at 2.82%$624.32
151,550 at 2.83%$625.13
151,550 at 2.84%$625.94
151,550 at 2.85%$626.75
151,550 at 2.86%$627.56
151,550 at 2.87%$628.36
151,550 at 2.88%$629.17
151,550 at 2.89%$629.99
151,550 at 2.9%$630.80
151,550 at 2.91%$631.61
151,550 at 2.92%$632.42
151,550 at 2.93%$633.23
151,550 at 2.94%$634.05
151,550 at 2.95%$634.86
151,550 at 2.96%$635.68
151,550 at 2.97%$636.49
151,550 at 2.98%$637.31
151,550 at 2.99%$638.12
151,550 at 3%$638.94
151,550 at 3.01%$639.76
151,550 at 3.02%$640.58
151,550 at 3.03%$641.40
151,550 at 3.04%$642.21
151,550 at 3.05%$643.03
151,550 at 3.06%$643.86
151,550 at 3.07%$644.68
151,550 at 3.08%$645.50
151,550 at 3.09%$646.32
151,550 at 3.1%$647.14
151,550 at 3.11%$647.97
151,550 at 3.12%$648.79
151,550 at 3.13%$649.62
151,550 at 3.14%$650.44
151,550 at 3.15%$651.27
151,550 at 3.16%$652.09
151,550 at 3.17%$652.92
151,550 at 3.18%$653.75
151,550 at 3.19%$654.57
151,550 at 3.2%$655.40
151,550 at 3.21%$656.23
151,550 at 3.22%$657.06
151,550 at 3.23%$657.89
151,550 at 3.24%$658.72
151,550 at 3.25%$659.56
151,550 at 3.26%$660.39
151,550 at 3.27%$661.22
151,550 at 3.28%$662.05
151,550 at 3.29%$662.89
151,550 at 3.3%$663.72
151,550 at 3.31%$664.56
151,550 at 3.32%$665.39
151,550 at 3.33%$666.23
151,550 at 3.34%$667.06
151,550 at 3.35%$667.90
151,550 at 3.36%$668.74
151,550 at 3.37%$669.58
151,550 at 3.38%$670.42
151,550 at 3.39%$671.26
151,550 at 3.4%$672.10
151,550 at 3.41%$672.94
151,550 at 3.42%$673.78
151,550 at 3.43%$674.62
151,550 at 3.44%$675.46
151,550 at 3.45%$676.30
151,550 at 3.46%$677.15
151,550 at 3.47%$677.99
151,550 at 3.48%$678.84
151,550 at 3.49%$679.68
151,550 at 3.5%$680.53
Interest Rate 30 Year
151,550 at 3.51%$681.37
151,550 at 3.52%$682.22
151,550 at 3.53%$683.07
151,550 at 3.54%$683.92
151,550 at 3.55%$684.76
151,550 at 3.56%$685.61
151,550 at 3.57%$686.46
151,550 at 3.58%$687.31
151,550 at 3.59%$688.16
151,550 at 3.6%$689.02
151,550 at 3.61%$689.87
151,550 at 3.62%$690.72
151,550 at 3.63%$691.57
151,550 at 3.64%$692.43
151,550 at 3.65%$693.28
151,550 at 3.66%$694.13
151,550 at 3.67%$694.99
151,550 at 3.68%$695.85
151,550 at 3.69%$696.70
151,550 at 3.7%$697.56
151,550 at 3.71%$698.42
151,550 at 3.72%$699.27
151,550 at 3.73%$700.13
151,550 at 3.74%$700.99
151,550 at 3.75%$701.85
151,550 at 3.76%$702.71
151,550 at 3.77%$703.57
151,550 at 3.78%$704.43
151,550 at 3.79%$705.30
151,550 at 3.8%$706.16
151,550 at 3.81%$707.02
151,550 at 3.82%$707.88
151,550 at 3.83%$708.75
151,550 at 3.84%$709.61
151,550 at 3.85%$710.48
151,550 at 3.86%$711.34
151,550 at 3.87%$712.21
151,550 at 3.88%$713.08
151,550 at 3.89%$713.95
151,550 at 3.9%$714.81
151,550 at 3.91%$715.68
151,550 at 3.92%$716.55
151,550 at 3.93%$717.42
151,550 at 3.94%$718.29
151,550 at 3.95%$719.16
151,550 at 3.96%$720.03
151,550 at 3.97%$720.90
151,550 at 3.98%$721.78
151,550 at 3.99%$722.65
151,550 at 4%$723.52
151,550 at 4.01%$724.40
151,550 at 4.02%$725.27
151,550 at 4.03%$726.15
151,550 at 4.04%$727.02
151,550 at 4.05%$727.90
151,550 at 4.06%$728.77
151,550 at 4.07%$729.65
151,550 at 4.08%$730.53
151,550 at 4.09%$731.41
151,550 at 4.1%$732.29
151,550 at 4.11%$733.17
151,550 at 4.12%$734.05
151,550 at 4.13%$734.93
151,550 at 4.14%$735.81
151,550 at 4.15%$736.69
151,550 at 4.16%$737.57
151,550 at 4.17%$738.45
151,550 at 4.18%$739.34
151,550 at 4.19%$740.22
151,550 at 4.2%$741.11
151,550 at 4.21%$741.99
151,550 at 4.22%$742.88
151,550 at 4.23%$743.76
151,550 at 4.24%$744.65
151,550 at 4.25%$745.53
151,550 at 4.26%$746.42
151,550 at 4.27%$747.31
151,550 at 4.28%$748.20
151,550 at 4.29%$749.09
151,550 at 4.3%$749.98
151,550 at 4.31%$750.87
151,550 at 4.32%$751.76
151,550 at 4.33%$752.65
151,550 at 4.34%$753.54
151,550 at 4.35%$754.43
151,550 at 4.36%$755.33
151,550 at 4.37%$756.22
151,550 at 4.38%$757.11
151,550 at 4.39%$758.01
151,550 at 4.4%$758.90
151,550 at 4.41%$759.80
151,550 at 4.42%$760.69
151,550 at 4.43%$761.59
151,550 at 4.44%$762.49
151,550 at 4.45%$763.39
151,550 at 4.46%$764.28
151,550 at 4.47%$765.18
151,550 at 4.48%$766.08
151,550 at 4.49%$766.98
151,550 at 4.5%$767.88
151,550 at 4.51%$768.78
151,550 at 4.52%$769.68
151,550 at 4.53%$770.59
151,550 at 4.54%$771.49
151,550 at 4.55%$772.39
151,550 at 4.56%$773.29
151,550 at 4.57%$774.20
151,550 at 4.58%$775.10
151,550 at 4.59%$776.01
151,550 at 4.6%$776.91
151,550 at 4.61%$777.82
151,550 at 4.62%$778.72
151,550 at 4.63%$779.63
151,550 at 4.64%$780.54
151,550 at 4.65%$781.45
151,550 at 4.66%$782.36
151,550 at 4.67%$783.27
151,550 at 4.68%$784.17
151,550 at 4.69%$785.08
151,550 at 4.7%$786.00
151,550 at 4.71%$786.91
151,550 at 4.72%$787.82
151,550 at 4.73%$788.73
151,550 at 4.74%$789.64
151,550 at 4.75%$790.56
151,550 at 4.76%$791.47
151,550 at 4.77%$792.38
151,550 at 4.78%$793.30
151,550 at 4.79%$794.21
151,550 at 4.8%$795.13
151,550 at 4.81%$796.05
151,550 at 4.82%$796.96
151,550 at 4.83%$797.88
151,550 at 4.84%$798.80
151,550 at 4.85%$799.72
151,550 at 4.86%$800.64
151,550 at 4.87%$801.56
151,550 at 4.88%$802.48
151,550 at 4.89%$803.40
151,550 at 4.9%$804.32
151,550 at 4.91%$805.24
151,550 at 4.92%$806.16
151,550 at 4.93%$807.08
151,550 at 4.94%$808.01
151,550 at 4.95%$808.93
151,550 at 4.96%$809.85
151,550 at 4.97%$810.78
151,550 at 4.98%$811.70
151,550 at 4.99%$812.63
151,550 at 5%$813.55
Interest Rate 30 Year
151,550 at 5.01%$814.48
151,550 at 5.02%$815.41
151,550 at 5.03%$816.33
151,550 at 5.04%$817.26
151,550 at 5.05%$818.19
151,550 at 5.06%$819.12
151,550 at 5.07%$820.05
151,550 at 5.08%$820.98
151,550 at 5.09%$821.91
151,550 at 5.1%$822.84
151,550 at 5.11%$823.77
151,550 at 5.12%$824.70
151,550 at 5.13%$825.64
151,550 at 5.14%$826.57
151,550 at 5.15%$827.50
151,550 at 5.16%$828.44
151,550 at 5.17%$829.37
151,550 at 5.18%$830.31
151,550 at 5.19%$831.24
151,550 at 5.2%$832.18
151,550 at 5.21%$833.11
151,550 at 5.22%$834.05
151,550 at 5.23%$834.99
151,550 at 5.24%$835.93
151,550 at 5.25%$836.86
151,550 at 5.26%$837.80
151,550 at 5.27%$838.74
151,550 at 5.28%$839.68
151,550 at 5.29%$840.62
151,550 at 5.3%$841.56
151,550 at 5.31%$842.51
151,550 at 5.32%$843.45
151,550 at 5.33%$844.39
151,550 at 5.34%$845.33
151,550 at 5.35%$846.28
151,550 at 5.36%$847.22
151,550 at 5.37%$848.16
151,550 at 5.38%$849.11
151,550 at 5.39%$850.05
151,550 at 5.4%$851.00
151,550 at 5.41%$851.95
151,550 at 5.42%$852.89
151,550 at 5.43%$853.84
151,550 at 5.44%$854.79
151,550 at 5.45%$855.74
151,550 at 5.46%$856.68
151,550 at 5.47%$857.63
151,550 at 5.48%$858.58
151,550 at 5.49%$859.53
151,550 at 5.5%$860.48
151,550 at 5.51%$861.44
151,550 at 5.52%$862.39
151,550 at 5.53%$863.34
151,550 at 5.54%$864.29
151,550 at 5.55%$865.24
151,550 at 5.56%$866.20
151,550 at 5.57%$867.15
151,550 at 5.58%$868.11
151,550 at 5.59%$869.06
151,550 at 5.6%$870.02
151,550 at 5.61%$870.97
151,550 at 5.62%$871.93
151,550 at 5.63%$872.89
151,550 at 5.64%$873.84
151,550 at 5.65%$874.80
151,550 at 5.66%$875.76
151,550 at 5.67%$876.72
151,550 at 5.68%$877.68
151,550 at 5.69%$878.64
151,550 at 5.7%$879.60
151,550 at 5.71%$880.56
151,550 at 5.72%$881.52
151,550 at 5.73%$882.48
151,550 at 5.74%$883.44
151,550 at 5.75%$884.40
151,550 at 5.76%$885.37
151,550 at 5.77%$886.33
151,550 at 5.78%$887.29
151,550 at 5.79%$888.26
151,550 at 5.8%$889.22
151,550 at 5.81%$890.19
151,550 at 5.82%$891.16
151,550 at 5.83%$892.12
151,550 at 5.84%$893.09
151,550 at 5.85%$894.06
151,550 at 5.86%$895.02
151,550 at 5.87%$895.99
151,550 at 5.88%$896.96
151,550 at 5.89%$897.93
151,550 at 5.9%$898.90
151,550 at 5.91%$899.87
151,550 at 5.92%$900.84
151,550 at 5.93%$901.81
151,550 at 5.94%$902.78
151,550 at 5.95%$903.75
151,550 at 5.96%$904.73
151,550 at 5.97%$905.70
151,550 at 5.98%$906.67
151,550 at 5.99%$907.64
151,550 at 6%$908.62
151,550 at 6.01%$909.59
151,550 at 6.02%$910.57
151,550 at 6.03%$911.54
151,550 at 6.04%$912.52
151,550 at 6.05%$913.50
151,550 at 6.06%$914.47
151,550 at 6.07%$915.45
151,550 at 6.08%$916.43
151,550 at 6.09%$917.41
151,550 at 6.1%$918.39
151,550 at 6.11%$919.36
151,550 at 6.12%$920.34
151,550 at 6.13%$921.32
151,550 at 6.14%$922.30
151,550 at 6.15%$923.29
151,550 at 6.16%$924.27
151,550 at 6.17%$925.25
151,550 at 6.18%$926.23
151,550 at 6.19%$927.21
151,550 at 6.2%$928.20
151,550 at 6.21%$929.18
151,550 at 6.22%$930.16
151,550 at 6.23%$931.15
151,550 at 6.24%$932.13
151,550 at 6.25%$933.12
151,550 at 6.26%$934.11
151,550 at 6.27%$935.09
151,550 at 6.28%$936.08
151,550 at 6.29%$937.07
151,550 at 6.3%$938.05
151,550 at 6.31%$939.04
151,550 at 6.32%$940.03
151,550 at 6.33%$941.02
151,550 at 6.34%$942.01
151,550 at 6.35%$943.00
151,550 at 6.36%$943.99
151,550 at 6.37%$944.98
151,550 at 6.38%$945.97
151,550 at 6.39%$946.96
151,550 at 6.4%$947.95
151,550 at 6.41%$948.95
151,550 at 6.42%$949.94
151,550 at 6.43%$950.93
151,550 at 6.44%$951.93
151,550 at 6.45%$952.92
151,550 at 6.46%$953.92
151,550 at 6.47%$954.91
151,550 at 6.48%$955.91
151,550 at 6.49%$956.90
151,550 at 6.5%$957.90
Interest Rate 30 Year
151,550 at 6.51%$958.90
151,550 at 6.52%$959.89
151,550 at 6.53%$960.89
151,550 at 6.54%$961.89
151,550 at 6.55%$962.89
151,550 at 6.56%$963.89
151,550 at 6.57%$964.89
151,550 at 6.58%$965.89
151,550 at 6.59%$966.89
151,550 at 6.6%$967.89
151,550 at 6.61%$968.89
151,550 at 6.62%$969.89
151,550 at 6.63%$970.89
151,550 at 6.64%$971.89
151,550 at 6.65%$972.90
151,550 at 6.66%$973.90
151,550 at 6.67%$974.90
151,550 at 6.68%$975.91
151,550 at 6.69%$976.91
151,550 at 6.7%$977.92
151,550 at 6.71%$978.92
151,550 at 6.72%$979.93
151,550 at 6.73%$980.94
151,550 at 6.74%$981.94
151,550 at 6.75%$982.95
151,550 at 6.76%$983.96
151,550 at 6.77%$984.97
151,550 at 6.78%$985.97
151,550 at 6.79%$986.98
151,550 at 6.8%$987.99
151,550 at 6.81%$989.00
151,550 at 6.82%$990.01
151,550 at 6.83%$991.02
151,550 at 6.84%$992.03
151,550 at 6.85%$993.05
151,550 at 6.86%$994.06
151,550 at 6.87%$995.07
151,550 at 6.88%$996.08
151,550 at 6.89%$997.10
151,550 at 6.9%$998.11
151,550 at 6.91%$999.12
151,550 at 6.92%$1,000.14
151,550 at 6.93%$1,001.15
151,550 at 6.94%$1,002.17
151,550 at 6.95%$1,003.18
151,550 at 6.96%$1,004.20
151,550 at 6.97%$1,005.21
151,550 at 6.98%$1,006.23
151,550 at 6.99%$1,007.25
151,550 at 7%$1,008.27
151,550 at 7.01%$1,009.28
151,550 at 7.02%$1,010.30
151,550 at 7.03%$1,011.32
151,550 at 7.04%$1,012.34
151,550 at 7.05%$1,013.36
151,550 at 7.06%$1,014.38
151,550 at 7.07%$1,015.40
151,550 at 7.08%$1,016.42
151,550 at 7.09%$1,017.44
151,550 at 7.1%$1,018.46
151,550 at 7.11%$1,019.49
151,550 at 7.12%$1,020.51
151,550 at 7.13%$1,021.53
151,550 at 7.14%$1,022.56
151,550 at 7.15%$1,023.58
151,550 at 7.16%$1,024.60
151,550 at 7.17%$1,025.63
151,550 at 7.18%$1,026.65
151,550 at 7.19%$1,027.68
151,550 at 7.2%$1,028.70
151,550 at 7.21%$1,029.73
151,550 at 7.22%$1,030.76
151,550 at 7.23%$1,031.78
151,550 at 7.24%$1,032.81
151,550 at 7.25%$1,033.84
151,550 at 7.26%$1,034.87
151,550 at 7.27%$1,035.89
151,550 at 7.28%$1,036.92
151,550 at 7.29%$1,037.95
151,550 at 7.3%$1,038.98
151,550 at 7.31%$1,040.01
151,550 at 7.32%$1,041.04
151,550 at 7.33%$1,042.07
151,550 at 7.34%$1,043.11
151,550 at 7.35%$1,044.14
151,550 at 7.36%$1,045.17
151,550 at 7.37%$1,046.20
151,550 at 7.38%$1,047.23
151,550 at 7.39%$1,048.27
151,550 at 7.4%$1,049.30
151,550 at 7.41%$1,050.34
151,550 at 7.42%$1,051.37
151,550 at 7.43%$1,052.40
151,550 at 7.44%$1,053.44
151,550 at 7.45%$1,054.48
151,550 at 7.46%$1,055.51
151,550 at 7.47%$1,056.55
151,550 at 7.48%$1,057.58
151,550 at 7.49%$1,058.62
151,550 at 7.5%$1,059.66
151,550 at 7.51%$1,060.70
151,550 at 7.52%$1,061.74
151,550 at 7.53%$1,062.77
151,550 at 7.54%$1,063.81
151,550 at 7.55%$1,064.85
151,550 at 7.56%$1,065.89
151,550 at 7.57%$1,066.93
151,550 at 7.58%$1,067.97
151,550 at 7.59%$1,069.01
151,550 at 7.6%$1,070.06
151,550 at 7.61%$1,071.10
151,550 at 7.62%$1,072.14
151,550 at 7.63%$1,073.18
151,550 at 7.64%$1,074.23
151,550 at 7.65%$1,075.27
151,550 at 7.66%$1,076.31
151,550 at 7.67%$1,077.36
151,550 at 7.68%$1,078.40
151,550 at 7.69%$1,079.45
151,550 at 7.7%$1,080.49
151,550 at 7.71%$1,081.54
151,550 at 7.72%$1,082.58
151,550 at 7.73%$1,083.63
151,550 at 7.74%$1,084.68
151,550 at 7.75%$1,085.72
151,550 at 7.76%$1,086.77
151,550 at 7.77%$1,087.82
151,550 at 7.78%$1,088.87
151,550 at 7.79%$1,089.91
151,550 at 7.8%$1,090.96
151,550 at 7.81%$1,092.01
151,550 at 7.82%$1,093.06
151,550 at 7.83%$1,094.11
151,550 at 7.84%$1,095.16
151,550 at 7.85%$1,096.21
151,550 at 7.86%$1,097.27
151,550 at 7.87%$1,098.32
151,550 at 7.88%$1,099.37
151,550 at 7.89%$1,100.42
151,550 at 7.9%$1,101.47
151,550 at 7.91%$1,102.53
151,550 at 7.92%$1,103.58
151,550 at 7.93%$1,104.63
151,550 at 7.94%$1,105.69
151,550 at 7.95%$1,106.74
151,550 at 7.96%$1,107.80
151,550 at 7.97%$1,108.85
151,550 at 7.98%$1,109.91
151,550 at 7.99%$1,110.96
151,550 at 8%$1,112.02
More Amounts
What is the down payment for a $151,550 house? How much do you need to put down?
Percent Down Down Payment
1%1,516
2%3,031
3%4,547
4%6,062
5%7,578
6%9,093
7%10,609
8%12,124
9%13,640
10%15,155
11%16,671
12%18,186
13%19,702
14%21,217
15%22,733
16%24,248
17%25,764
18%27,279
19%28,795
20%30,310
Percent Down Down Payment
21%31,826
22%33,341
23%34,857
24%36,372
25%37,888
26%39,403
27%40,919
28%42,434
29%43,950
30%45,465
31%46,981
32%48,496
33%50,012
34%51,527
35%53,043
36%54,558
37%56,074
38%57,589
39%59,105
40%60,620
Percent Down Down Payment
41%62,136
42%63,651
43%65,167
44%66,682
45%68,198
46%69,713
47%71,229
48%72,744
49%74,260
50%75,775
51%77,291
52%78,806
53%80,322
54%81,837
55%83,353
56%84,868
57%86,384
58%87,899
59%89,415
60%90,930
Percent Down Down Payment
61%92,446
62%93,961
63%95,477
64%96,992
65%98,508
66%100,023
67%101,539
68%103,054
69%104,570
70%106,085
71%107,601
72%109,116
73%110,632
74%112,147
75%113,663
76%115,178
77%116,694
78%118,209
79%119,725
80%121,240
Percent Down Down Payment
81%122,756
82%124,271
83%125,787
84%127,302
85%128,818
86%130,333
87%131,849
88%133,364
89%134,880
90%136,395
91%137,911
92%139,426
93%140,942
94%142,457
95%143,973
96%145,488
97%147,004
98%148,519
99%150,035
100%151,550
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.