$153,000 Mortgage for 30 Years

What is the monthly payment of a 153,000 dollar loan?
$
$
%
%
years
Loan Tables for a $153,000 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 153k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $153,000 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
153,000 at 2.01%$566.28
153,000 at 2.02%$567.05
153,000 at 2.03%$567.82
153,000 at 2.04%$568.58
153,000 at 2.05%$569.35
153,000 at 2.06%$570.12
153,000 at 2.07%$570.89
153,000 at 2.08%$571.66
153,000 at 2.09%$572.43
153,000 at 2.1%$573.20
153,000 at 2.11%$573.97
153,000 at 2.12%$574.74
153,000 at 2.13%$575.52
153,000 at 2.14%$576.29
153,000 at 2.15%$577.06
153,000 at 2.16%$577.84
153,000 at 2.17%$578.61
153,000 at 2.18%$579.39
153,000 at 2.19%$580.17
153,000 at 2.2%$580.94
153,000 at 2.21%$581.72
153,000 at 2.22%$582.50
153,000 at 2.23%$583.28
153,000 at 2.24%$584.06
153,000 at 2.25%$584.84
153,000 at 2.26%$585.62
153,000 at 2.27%$586.40
153,000 at 2.28%$587.18
153,000 at 2.29%$587.96
153,000 at 2.3%$588.75
153,000 at 2.31%$589.53
153,000 at 2.32%$590.31
153,000 at 2.33%$591.10
153,000 at 2.34%$591.88
153,000 at 2.35%$592.67
153,000 at 2.36%$593.46
153,000 at 2.37%$594.24
153,000 at 2.38%$595.03
153,000 at 2.39%$595.82
153,000 at 2.4%$596.61
153,000 at 2.41%$597.40
153,000 at 2.42%$598.19
153,000 at 2.43%$598.98
153,000 at 2.44%$599.77
153,000 at 2.45%$600.57
153,000 at 2.46%$601.36
153,000 at 2.47%$602.15
153,000 at 2.48%$602.95
153,000 at 2.49%$603.74
153,000 at 2.5%$604.53
153,000 at 2.51%$605.33
153,000 at 2.52%$606.13
153,000 at 2.53%$606.92
153,000 at 2.54%$607.72
153,000 at 2.55%$608.52
153,000 at 2.56%$609.32
153,000 at 2.57%$610.12
153,000 at 2.58%$610.92
153,000 at 2.59%$611.72
153,000 at 2.6%$612.52
153,000 at 2.61%$613.32
153,000 at 2.62%$614.12
153,000 at 2.63%$614.93
153,000 at 2.64%$615.73
153,000 at 2.65%$616.53
153,000 at 2.66%$617.34
153,000 at 2.67%$618.14
153,000 at 2.68%$618.95
153,000 at 2.69%$619.76
153,000 at 2.7%$620.56
153,000 at 2.71%$621.37
153,000 at 2.72%$622.18
153,000 at 2.73%$622.99
153,000 at 2.74%$623.80
153,000 at 2.75%$624.61
153,000 at 2.76%$625.42
153,000 at 2.77%$626.23
153,000 at 2.78%$627.04
153,000 at 2.79%$627.86
153,000 at 2.8%$628.67
153,000 at 2.81%$629.48
153,000 at 2.82%$630.30
153,000 at 2.83%$631.11
153,000 at 2.84%$631.93
153,000 at 2.85%$632.74
153,000 at 2.86%$633.56
153,000 at 2.87%$634.38
153,000 at 2.88%$635.19
153,000 at 2.89%$636.01
153,000 at 2.9%$636.83
153,000 at 2.91%$637.65
153,000 at 2.92%$638.47
153,000 at 2.93%$639.29
153,000 at 2.94%$640.11
153,000 at 2.95%$640.94
153,000 at 2.96%$641.76
153,000 at 2.97%$642.58
153,000 at 2.98%$643.41
153,000 at 2.99%$644.23
153,000 at 3%$645.05
153,000 at 3.01%$645.88
153,000 at 3.02%$646.71
153,000 at 3.03%$647.53
153,000 at 3.04%$648.36
153,000 at 3.05%$649.19
153,000 at 3.06%$650.02
153,000 at 3.07%$650.84
153,000 at 3.08%$651.67
153,000 at 3.09%$652.50
153,000 at 3.1%$653.34
153,000 at 3.11%$654.17
153,000 at 3.12%$655.00
153,000 at 3.13%$655.83
153,000 at 3.14%$656.66
153,000 at 3.15%$657.50
153,000 at 3.16%$658.33
153,000 at 3.17%$659.17
153,000 at 3.18%$660.00
153,000 at 3.19%$660.84
153,000 at 3.2%$661.67
153,000 at 3.21%$662.51
153,000 at 3.22%$663.35
153,000 at 3.23%$664.19
153,000 at 3.24%$665.03
153,000 at 3.25%$665.87
153,000 at 3.26%$666.71
153,000 at 3.27%$667.55
153,000 at 3.28%$668.39
153,000 at 3.29%$669.23
153,000 at 3.3%$670.07
153,000 at 3.31%$670.91
153,000 at 3.32%$671.76
153,000 at 3.33%$672.60
153,000 at 3.34%$673.45
153,000 at 3.35%$674.29
153,000 at 3.36%$675.14
153,000 at 3.37%$675.98
153,000 at 3.38%$676.83
153,000 at 3.39%$677.68
153,000 at 3.4%$678.53
153,000 at 3.41%$679.37
153,000 at 3.42%$680.22
153,000 at 3.43%$681.07
153,000 at 3.44%$681.92
153,000 at 3.45%$682.78
153,000 at 3.46%$683.63
153,000 at 3.47%$684.48
153,000 at 3.48%$685.33
153,000 at 3.49%$686.18
153,000 at 3.5%$687.04
Interest Rate 30 Year
153,000 at 3.51%$687.89
153,000 at 3.52%$688.75
153,000 at 3.53%$689.60
153,000 at 3.54%$690.46
153,000 at 3.55%$691.32
153,000 at 3.56%$692.17
153,000 at 3.57%$693.03
153,000 at 3.58%$693.89
153,000 at 3.59%$694.75
153,000 at 3.6%$695.61
153,000 at 3.61%$696.47
153,000 at 3.62%$697.33
153,000 at 3.63%$698.19
153,000 at 3.64%$699.05
153,000 at 3.65%$699.91
153,000 at 3.66%$700.78
153,000 at 3.67%$701.64
153,000 at 3.68%$702.50
153,000 at 3.69%$703.37
153,000 at 3.7%$704.23
153,000 at 3.71%$705.10
153,000 at 3.72%$705.96
153,000 at 3.73%$706.83
153,000 at 3.74%$707.70
153,000 at 3.75%$708.57
153,000 at 3.76%$709.44
153,000 at 3.77%$710.30
153,000 at 3.78%$711.17
153,000 at 3.79%$712.04
153,000 at 3.8%$712.91
153,000 at 3.81%$713.79
153,000 at 3.82%$714.66
153,000 at 3.83%$715.53
153,000 at 3.84%$716.40
153,000 at 3.85%$717.28
153,000 at 3.86%$718.15
153,000 at 3.87%$719.03
153,000 at 3.88%$719.90
153,000 at 3.89%$720.78
153,000 at 3.9%$721.65
153,000 at 3.91%$722.53
153,000 at 3.92%$723.41
153,000 at 3.93%$724.28
153,000 at 3.94%$725.16
153,000 at 3.95%$726.04
153,000 at 3.96%$726.92
153,000 at 3.97%$727.80
153,000 at 3.98%$728.68
153,000 at 3.99%$729.56
153,000 at 4%$730.45
153,000 at 4.01%$731.33
153,000 at 4.02%$732.21
153,000 at 4.03%$733.09
153,000 at 4.04%$733.98
153,000 at 4.05%$734.86
153,000 at 4.06%$735.75
153,000 at 4.07%$736.63
153,000 at 4.08%$737.52
153,000 at 4.09%$738.41
153,000 at 4.1%$739.29
153,000 at 4.11%$740.18
153,000 at 4.12%$741.07
153,000 at 4.13%$741.96
153,000 at 4.14%$742.85
153,000 at 4.15%$743.74
153,000 at 4.16%$744.63
153,000 at 4.17%$745.52
153,000 at 4.18%$746.41
153,000 at 4.19%$747.30
153,000 at 4.2%$748.20
153,000 at 4.21%$749.09
153,000 at 4.22%$749.98
153,000 at 4.23%$750.88
153,000 at 4.24%$751.77
153,000 at 4.25%$752.67
153,000 at 4.26%$753.56
153,000 at 4.27%$754.46
153,000 at 4.28%$755.36
153,000 at 4.29%$756.26
153,000 at 4.3%$757.15
153,000 at 4.31%$758.05
153,000 at 4.32%$758.95
153,000 at 4.33%$759.85
153,000 at 4.34%$760.75
153,000 at 4.35%$761.65
153,000 at 4.36%$762.55
153,000 at 4.37%$763.46
153,000 at 4.38%$764.36
153,000 at 4.39%$765.26
153,000 at 4.4%$766.16
153,000 at 4.41%$767.07
153,000 at 4.42%$767.97
153,000 at 4.43%$768.88
153,000 at 4.44%$769.78
153,000 at 4.45%$770.69
153,000 at 4.46%$771.60
153,000 at 4.47%$772.50
153,000 at 4.48%$773.41
153,000 at 4.49%$774.32
153,000 at 4.5%$775.23
153,000 at 4.51%$776.14
153,000 at 4.52%$777.05
153,000 at 4.53%$777.96
153,000 at 4.54%$778.87
153,000 at 4.55%$779.78
153,000 at 4.56%$780.69
153,000 at 4.57%$781.61
153,000 at 4.58%$782.52
153,000 at 4.59%$783.43
153,000 at 4.6%$784.35
153,000 at 4.61%$785.26
153,000 at 4.62%$786.18
153,000 at 4.63%$787.09
153,000 at 4.64%$788.01
153,000 at 4.65%$788.92
153,000 at 4.66%$789.84
153,000 at 4.67%$790.76
153,000 at 4.68%$791.68
153,000 at 4.69%$792.60
153,000 at 4.7%$793.52
153,000 at 4.71%$794.44
153,000 at 4.72%$795.36
153,000 at 4.73%$796.28
153,000 at 4.74%$797.20
153,000 at 4.75%$798.12
153,000 at 4.76%$799.04
153,000 at 4.77%$799.97
153,000 at 4.78%$800.89
153,000 at 4.79%$801.81
153,000 at 4.8%$802.74
153,000 at 4.81%$803.66
153,000 at 4.82%$804.59
153,000 at 4.83%$805.51
153,000 at 4.84%$806.44
153,000 at 4.85%$807.37
153,000 at 4.86%$808.30
153,000 at 4.87%$809.22
153,000 at 4.88%$810.15
153,000 at 4.89%$811.08
153,000 at 4.9%$812.01
153,000 at 4.91%$812.94
153,000 at 4.92%$813.87
153,000 at 4.93%$814.80
153,000 at 4.94%$815.74
153,000 at 4.95%$816.67
153,000 at 4.96%$817.60
153,000 at 4.97%$818.53
153,000 at 4.98%$819.47
153,000 at 4.99%$820.40
153,000 at 5%$821.34
Interest Rate 30 Year
153,000 at 5.01%$822.27
153,000 at 5.02%$823.21
153,000 at 5.03%$824.14
153,000 at 5.04%$825.08
153,000 at 5.05%$826.02
153,000 at 5.06%$826.96
153,000 at 5.07%$827.90
153,000 at 5.08%$828.83
153,000 at 5.09%$829.77
153,000 at 5.1%$830.71
153,000 at 5.11%$831.65
153,000 at 5.12%$832.59
153,000 at 5.13%$833.54
153,000 at 5.14%$834.48
153,000 at 5.15%$835.42
153,000 at 5.16%$836.36
153,000 at 5.17%$837.31
153,000 at 5.18%$838.25
153,000 at 5.19%$839.19
153,000 at 5.2%$840.14
153,000 at 5.21%$841.09
153,000 at 5.22%$842.03
153,000 at 5.23%$842.98
153,000 at 5.24%$843.92
153,000 at 5.25%$844.87
153,000 at 5.26%$845.82
153,000 at 5.27%$846.77
153,000 at 5.28%$847.72
153,000 at 5.29%$848.67
153,000 at 5.3%$849.62
153,000 at 5.31%$850.57
153,000 at 5.32%$851.52
153,000 at 5.33%$852.47
153,000 at 5.34%$853.42
153,000 at 5.35%$854.37
153,000 at 5.36%$855.33
153,000 at 5.37%$856.28
153,000 at 5.38%$857.23
153,000 at 5.39%$858.19
153,000 at 5.4%$859.14
153,000 at 5.41%$860.10
153,000 at 5.42%$861.05
153,000 at 5.43%$862.01
153,000 at 5.44%$862.97
153,000 at 5.45%$863.92
153,000 at 5.46%$864.88
153,000 at 5.47%$865.84
153,000 at 5.48%$866.80
153,000 at 5.49%$867.76
153,000 at 5.5%$868.72
153,000 at 5.51%$869.68
153,000 at 5.52%$870.64
153,000 at 5.53%$871.60
153,000 at 5.54%$872.56
153,000 at 5.55%$873.52
153,000 at 5.56%$874.49
153,000 at 5.57%$875.45
153,000 at 5.58%$876.41
153,000 at 5.59%$877.38
153,000 at 5.6%$878.34
153,000 at 5.61%$879.31
153,000 at 5.62%$880.27
153,000 at 5.63%$881.24
153,000 at 5.64%$882.20
153,000 at 5.65%$883.17
153,000 at 5.66%$884.14
153,000 at 5.67%$885.11
153,000 at 5.68%$886.07
153,000 at 5.69%$887.04
153,000 at 5.7%$888.01
153,000 at 5.71%$888.98
153,000 at 5.72%$889.95
153,000 at 5.73%$890.92
153,000 at 5.74%$891.89
153,000 at 5.75%$892.87
153,000 at 5.76%$893.84
153,000 at 5.77%$894.81
153,000 at 5.78%$895.78
153,000 at 5.79%$896.76
153,000 at 5.8%$897.73
153,000 at 5.81%$898.71
153,000 at 5.82%$899.68
153,000 at 5.83%$900.66
153,000 at 5.84%$901.63
153,000 at 5.85%$902.61
153,000 at 5.86%$903.59
153,000 at 5.87%$904.56
153,000 at 5.88%$905.54
153,000 at 5.89%$906.52
153,000 at 5.9%$907.50
153,000 at 5.91%$908.48
153,000 at 5.92%$909.46
153,000 at 5.93%$910.44
153,000 at 5.94%$911.42
153,000 at 5.95%$912.40
153,000 at 5.96%$913.38
153,000 at 5.97%$914.36
153,000 at 5.98%$915.35
153,000 at 5.99%$916.33
153,000 at 6%$917.31
153,000 at 6.01%$918.30
153,000 at 6.02%$919.28
153,000 at 6.03%$920.27
153,000 at 6.04%$921.25
153,000 at 6.05%$922.24
153,000 at 6.06%$923.22
153,000 at 6.07%$924.21
153,000 at 6.08%$925.20
153,000 at 6.09%$926.18
153,000 at 6.1%$927.17
153,000 at 6.11%$928.16
153,000 at 6.12%$929.15
153,000 at 6.13%$930.14
153,000 at 6.14%$931.13
153,000 at 6.15%$932.12
153,000 at 6.16%$933.11
153,000 at 6.17%$934.10
153,000 at 6.18%$935.09
153,000 at 6.19%$936.08
153,000 at 6.2%$937.08
153,000 at 6.21%$938.07
153,000 at 6.22%$939.06
153,000 at 6.23%$940.06
153,000 at 6.24%$941.05
153,000 at 6.25%$942.05
153,000 at 6.26%$943.04
153,000 at 6.27%$944.04
153,000 at 6.28%$945.03
153,000 at 6.29%$946.03
153,000 at 6.3%$947.03
153,000 at 6.31%$948.03
153,000 at 6.32%$949.02
153,000 at 6.33%$950.02
153,000 at 6.34%$951.02
153,000 at 6.35%$952.02
153,000 at 6.36%$953.02
153,000 at 6.37%$954.02
153,000 at 6.38%$955.02
153,000 at 6.39%$956.02
153,000 at 6.4%$957.02
153,000 at 6.41%$958.03
153,000 at 6.42%$959.03
153,000 at 6.43%$960.03
153,000 at 6.44%$961.03
153,000 at 6.45%$962.04
153,000 at 6.46%$963.04
153,000 at 6.47%$964.05
153,000 at 6.48%$965.05
153,000 at 6.49%$966.06
153,000 at 6.5%$967.06
Interest Rate 30 Year
153,000 at 6.51%$968.07
153,000 at 6.52%$969.08
153,000 at 6.53%$970.08
153,000 at 6.54%$971.09
153,000 at 6.55%$972.10
153,000 at 6.56%$973.11
153,000 at 6.57%$974.12
153,000 at 6.58%$975.13
153,000 at 6.59%$976.14
153,000 at 6.6%$977.15
153,000 at 6.61%$978.16
153,000 at 6.62%$979.17
153,000 at 6.63%$980.18
153,000 at 6.64%$981.19
153,000 at 6.65%$982.21
153,000 at 6.66%$983.22
153,000 at 6.67%$984.23
153,000 at 6.68%$985.25
153,000 at 6.69%$986.26
153,000 at 6.7%$987.28
153,000 at 6.71%$988.29
153,000 at 6.72%$989.31
153,000 at 6.73%$990.32
153,000 at 6.74%$991.34
153,000 at 6.75%$992.36
153,000 at 6.76%$993.37
153,000 at 6.77%$994.39
153,000 at 6.78%$995.41
153,000 at 6.79%$996.43
153,000 at 6.8%$997.45
153,000 at 6.81%$998.46
153,000 at 6.82%$999.48
153,000 at 6.83%$1,000.50
153,000 at 6.84%$1,001.53
153,000 at 6.85%$1,002.55
153,000 at 6.86%$1,003.57
153,000 at 6.87%$1,004.59
153,000 at 6.88%$1,005.61
153,000 at 6.89%$1,006.64
153,000 at 6.9%$1,007.66
153,000 at 6.91%$1,008.68
153,000 at 6.92%$1,009.71
153,000 at 6.93%$1,010.73
153,000 at 6.94%$1,011.76
153,000 at 6.95%$1,012.78
153,000 at 6.96%$1,013.81
153,000 at 6.97%$1,014.83
153,000 at 6.98%$1,015.86
153,000 at 6.99%$1,016.89
153,000 at 7%$1,017.91
153,000 at 7.01%$1,018.94
153,000 at 7.02%$1,019.97
153,000 at 7.03%$1,021.00
153,000 at 7.04%$1,022.03
153,000 at 7.05%$1,023.06
153,000 at 7.06%$1,024.09
153,000 at 7.07%$1,025.12
153,000 at 7.08%$1,026.15
153,000 at 7.09%$1,027.18
153,000 at 7.1%$1,028.21
153,000 at 7.11%$1,029.24
153,000 at 7.12%$1,030.27
153,000 at 7.13%$1,031.31
153,000 at 7.14%$1,032.34
153,000 at 7.15%$1,033.37
153,000 at 7.16%$1,034.41
153,000 at 7.17%$1,035.44
153,000 at 7.18%$1,036.48
153,000 at 7.19%$1,037.51
153,000 at 7.2%$1,038.55
153,000 at 7.21%$1,039.58
153,000 at 7.22%$1,040.62
153,000 at 7.23%$1,041.65
153,000 at 7.24%$1,042.69
153,000 at 7.25%$1,043.73
153,000 at 7.26%$1,044.77
153,000 at 7.27%$1,045.81
153,000 at 7.28%$1,046.84
153,000 at 7.29%$1,047.88
153,000 at 7.3%$1,048.92
153,000 at 7.31%$1,049.96
153,000 at 7.32%$1,051.00
153,000 at 7.33%$1,052.04
153,000 at 7.34%$1,053.09
153,000 at 7.35%$1,054.13
153,000 at 7.36%$1,055.17
153,000 at 7.37%$1,056.21
153,000 at 7.38%$1,057.25
153,000 at 7.39%$1,058.30
153,000 at 7.4%$1,059.34
153,000 at 7.41%$1,060.39
153,000 at 7.42%$1,061.43
153,000 at 7.43%$1,062.47
153,000 at 7.44%$1,063.52
153,000 at 7.45%$1,064.56
153,000 at 7.46%$1,065.61
153,000 at 7.47%$1,066.66
153,000 at 7.48%$1,067.70
153,000 at 7.49%$1,068.75
153,000 at 7.5%$1,069.80
153,000 at 7.51%$1,070.85
153,000 at 7.52%$1,071.89
153,000 at 7.53%$1,072.94
153,000 at 7.54%$1,073.99
153,000 at 7.55%$1,075.04
153,000 at 7.56%$1,076.09
153,000 at 7.57%$1,077.14
153,000 at 7.58%$1,078.19
153,000 at 7.59%$1,079.24
153,000 at 7.6%$1,080.29
153,000 at 7.61%$1,081.35
153,000 at 7.62%$1,082.40
153,000 at 7.63%$1,083.45
153,000 at 7.64%$1,084.50
153,000 at 7.65%$1,085.56
153,000 at 7.66%$1,086.61
153,000 at 7.67%$1,087.66
153,000 at 7.68%$1,088.72
153,000 at 7.69%$1,089.77
153,000 at 7.7%$1,090.83
153,000 at 7.71%$1,091.88
153,000 at 7.72%$1,092.94
153,000 at 7.73%$1,094.00
153,000 at 7.74%$1,095.05
153,000 at 7.75%$1,096.11
153,000 at 7.76%$1,097.17
153,000 at 7.77%$1,098.23
153,000 at 7.78%$1,099.28
153,000 at 7.79%$1,100.34
153,000 at 7.8%$1,101.40
153,000 at 7.81%$1,102.46
153,000 at 7.82%$1,103.52
153,000 at 7.83%$1,104.58
153,000 at 7.84%$1,105.64
153,000 at 7.85%$1,106.70
153,000 at 7.86%$1,107.76
153,000 at 7.87%$1,108.83
153,000 at 7.88%$1,109.89
153,000 at 7.89%$1,110.95
153,000 at 7.9%$1,112.01
153,000 at 7.91%$1,113.08
153,000 at 7.92%$1,114.14
153,000 at 7.93%$1,115.20
153,000 at 7.94%$1,116.27
153,000 at 7.95%$1,117.33
153,000 at 7.96%$1,118.40
153,000 at 7.97%$1,119.46
153,000 at 7.98%$1,120.53
153,000 at 7.99%$1,121.59
153,000 at 8%$1,122.66
More Amounts
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
160,500
161,000
161,500
162,000
162,500
163,000
What is the down payment for a $153,000 house? How much do you need to put down?
Percent Down Down Payment
1%1,530
2%3,060
3%4,590
4%6,120
5%7,650
6%9,180
7%10,710
8%12,240
9%13,770
10%15,300
11%16,830
12%18,360
13%19,890
14%21,420
15%22,950
16%24,480
17%26,010
18%27,540
19%29,070
20%30,600
Percent Down Down Payment
21%32,130
22%33,660
23%35,190
24%36,720
25%38,250
26%39,780
27%41,310
28%42,840
29%44,370
30%45,900
31%47,430
32%48,960
33%50,490
34%52,020
35%53,550
36%55,080
37%56,610
38%58,140
39%59,670
40%61,200
Percent Down Down Payment
41%62,730
42%64,260
43%65,790
44%67,320
45%68,850
46%70,380
47%71,910
48%73,440
49%74,970
50%76,500
51%78,030
52%79,560
53%81,090
54%82,620
55%84,150
56%85,680
57%87,210
58%88,740
59%90,270
60%91,800
Percent Down Down Payment
61%93,330
62%94,860
63%96,390
64%97,920
65%99,450
66%100,980
67%102,510
68%104,040
69%105,570
70%107,100
71%108,630
72%110,160
73%111,690
74%113,220
75%114,750
76%116,280
77%117,810
78%119,340
79%120,870
80%122,400
Percent Down Down Payment
81%123,930
82%125,460
83%126,990
84%128,520
85%130,050
86%131,580
87%133,110
88%134,640
89%136,170
90%137,700
91%139,230
92%140,760
93%142,290
94%143,820
95%145,350
96%146,880
97%148,410
98%149,940
99%151,470
100%153,000
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.