$153,250 Mortgage for 30 Years

What is the monthly payment of a 153,250 dollar loan?
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Loan Tables for a $153,250 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 $153,250 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
153,250 at 2.01%$567.21
153,250 at 2.02%$567.98
153,250 at 2.03%$568.74
153,250 at 2.04%$569.51
153,250 at 2.05%$570.28
153,250 at 2.06%$571.05
153,250 at 2.07%$571.82
153,250 at 2.08%$572.59
153,250 at 2.09%$573.36
153,250 at 2.1%$574.14
153,250 at 2.11%$574.91
153,250 at 2.12%$575.68
153,250 at 2.13%$576.46
153,250 at 2.14%$577.23
153,250 at 2.15%$578.01
153,250 at 2.16%$578.78
153,250 at 2.17%$579.56
153,250 at 2.18%$580.34
153,250 at 2.19%$581.11
153,250 at 2.2%$581.89
153,250 at 2.21%$582.67
153,250 at 2.22%$583.45
153,250 at 2.23%$584.23
153,250 at 2.24%$585.01
153,250 at 2.25%$585.79
153,250 at 2.26%$586.57
153,250 at 2.27%$587.36
153,250 at 2.28%$588.14
153,250 at 2.29%$588.92
153,250 at 2.3%$589.71
153,250 at 2.31%$590.49
153,250 at 2.32%$591.28
153,250 at 2.33%$592.06
153,250 at 2.34%$592.85
153,250 at 2.35%$593.64
153,250 at 2.36%$594.43
153,250 at 2.37%$595.22
153,250 at 2.38%$596.00
153,250 at 2.39%$596.79
153,250 at 2.4%$597.59
153,250 at 2.41%$598.38
153,250 at 2.42%$599.17
153,250 at 2.43%$599.96
153,250 at 2.44%$600.75
153,250 at 2.45%$601.55
153,250 at 2.46%$602.34
153,250 at 2.47%$603.14
153,250 at 2.48%$603.93
153,250 at 2.49%$604.73
153,250 at 2.5%$605.52
153,250 at 2.51%$606.32
153,250 at 2.52%$607.12
153,250 at 2.53%$607.92
153,250 at 2.54%$608.71
153,250 at 2.55%$609.51
153,250 at 2.56%$610.31
153,250 at 2.57%$611.11
153,250 at 2.58%$611.92
153,250 at 2.59%$612.72
153,250 at 2.6%$613.52
153,250 at 2.61%$614.32
153,250 at 2.62%$615.13
153,250 at 2.63%$615.93
153,250 at 2.64%$616.74
153,250 at 2.65%$617.54
153,250 at 2.66%$618.35
153,250 at 2.67%$619.15
153,250 at 2.68%$619.96
153,250 at 2.69%$620.77
153,250 at 2.7%$621.58
153,250 at 2.71%$622.39
153,250 at 2.72%$623.20
153,250 at 2.73%$624.01
153,250 at 2.74%$624.82
153,250 at 2.75%$625.63
153,250 at 2.76%$626.44
153,250 at 2.77%$627.25
153,250 at 2.78%$628.07
153,250 at 2.79%$628.88
153,250 at 2.8%$629.70
153,250 at 2.81%$630.51
153,250 at 2.82%$631.33
153,250 at 2.83%$632.14
153,250 at 2.84%$632.96
153,250 at 2.85%$633.78
153,250 at 2.86%$634.59
153,250 at 2.87%$635.41
153,250 at 2.88%$636.23
153,250 at 2.89%$637.05
153,250 at 2.9%$637.87
153,250 at 2.91%$638.69
153,250 at 2.92%$639.51
153,250 at 2.93%$640.34
153,250 at 2.94%$641.16
153,250 at 2.95%$641.98
153,250 at 2.96%$642.81
153,250 at 2.97%$643.63
153,250 at 2.98%$644.46
153,250 at 2.99%$645.28
153,250 at 3%$646.11
153,250 at 3.01%$646.93
153,250 at 3.02%$647.76
153,250 at 3.03%$648.59
153,250 at 3.04%$649.42
153,250 at 3.05%$650.25
153,250 at 3.06%$651.08
153,250 at 3.07%$651.91
153,250 at 3.08%$652.74
153,250 at 3.09%$653.57
153,250 at 3.1%$654.40
153,250 at 3.11%$655.24
153,250 at 3.12%$656.07
153,250 at 3.13%$656.90
153,250 at 3.14%$657.74
153,250 at 3.15%$658.57
153,250 at 3.16%$659.41
153,250 at 3.17%$660.24
153,250 at 3.18%$661.08
153,250 at 3.19%$661.92
153,250 at 3.2%$662.76
153,250 at 3.21%$663.59
153,250 at 3.22%$664.43
153,250 at 3.23%$665.27
153,250 at 3.24%$666.11
153,250 at 3.25%$666.95
153,250 at 3.26%$667.80
153,250 at 3.27%$668.64
153,250 at 3.28%$669.48
153,250 at 3.29%$670.32
153,250 at 3.3%$671.17
153,250 at 3.31%$672.01
153,250 at 3.32%$672.86
153,250 at 3.33%$673.70
153,250 at 3.34%$674.55
153,250 at 3.35%$675.39
153,250 at 3.36%$676.24
153,250 at 3.37%$677.09
153,250 at 3.38%$677.94
153,250 at 3.39%$678.79
153,250 at 3.4%$679.63
153,250 at 3.41%$680.49
153,250 at 3.42%$681.34
153,250 at 3.43%$682.19
153,250 at 3.44%$683.04
153,250 at 3.45%$683.89
153,250 at 3.46%$684.74
153,250 at 3.47%$685.60
153,250 at 3.48%$686.45
153,250 at 3.49%$687.31
153,250 at 3.5%$688.16
Interest Rate 30 Year
153,250 at 3.51%$689.02
153,250 at 3.52%$689.87
153,250 at 3.53%$690.73
153,250 at 3.54%$691.59
153,250 at 3.55%$692.45
153,250 at 3.56%$693.30
153,250 at 3.57%$694.16
153,250 at 3.58%$695.02
153,250 at 3.59%$695.88
153,250 at 3.6%$696.74
153,250 at 3.61%$697.61
153,250 at 3.62%$698.47
153,250 at 3.63%$699.33
153,250 at 3.64%$700.19
153,250 at 3.65%$701.06
153,250 at 3.66%$701.92
153,250 at 3.67%$702.79
153,250 at 3.68%$703.65
153,250 at 3.69%$704.52
153,250 at 3.7%$705.38
153,250 at 3.71%$706.25
153,250 at 3.72%$707.12
153,250 at 3.73%$707.99
153,250 at 3.74%$708.86
153,250 at 3.75%$709.72
153,250 at 3.76%$710.59
153,250 at 3.77%$711.46
153,250 at 3.78%$712.34
153,250 at 3.79%$713.21
153,250 at 3.8%$714.08
153,250 at 3.81%$714.95
153,250 at 3.82%$715.83
153,250 at 3.83%$716.70
153,250 at 3.84%$717.57
153,250 at 3.85%$718.45
153,250 at 3.86%$719.32
153,250 at 3.87%$720.20
153,250 at 3.88%$721.08
153,250 at 3.89%$721.95
153,250 at 3.9%$722.83
153,250 at 3.91%$723.71
153,250 at 3.92%$724.59
153,250 at 3.93%$725.47
153,250 at 3.94%$726.35
153,250 at 3.95%$727.23
153,250 at 3.96%$728.11
153,250 at 3.97%$728.99
153,250 at 3.98%$729.87
153,250 at 3.99%$730.76
153,250 at 4%$731.64
153,250 at 4.01%$732.52
153,250 at 4.02%$733.41
153,250 at 4.03%$734.29
153,250 at 4.04%$735.18
153,250 at 4.05%$736.06
153,250 at 4.06%$736.95
153,250 at 4.07%$737.84
153,250 at 4.08%$738.72
153,250 at 4.09%$739.61
153,250 at 4.1%$740.50
153,250 at 4.11%$741.39
153,250 at 4.12%$742.28
153,250 at 4.13%$743.17
153,250 at 4.14%$744.06
153,250 at 4.15%$744.95
153,250 at 4.16%$745.85
153,250 at 4.17%$746.74
153,250 at 4.18%$747.63
153,250 at 4.19%$748.52
153,250 at 4.2%$749.42
153,250 at 4.21%$750.31
153,250 at 4.22%$751.21
153,250 at 4.23%$752.10
153,250 at 4.24%$753.00
153,250 at 4.25%$753.90
153,250 at 4.26%$754.80
153,250 at 4.27%$755.69
153,250 at 4.28%$756.59
153,250 at 4.29%$757.49
153,250 at 4.3%$758.39
153,250 at 4.31%$759.29
153,250 at 4.32%$760.19
153,250 at 4.33%$761.09
153,250 at 4.34%$761.99
153,250 at 4.35%$762.90
153,250 at 4.36%$763.80
153,250 at 4.37%$764.70
153,250 at 4.38%$765.61
153,250 at 4.39%$766.51
153,250 at 4.4%$767.42
153,250 at 4.41%$768.32
153,250 at 4.42%$769.23
153,250 at 4.43%$770.13
153,250 at 4.44%$771.04
153,250 at 4.45%$771.95
153,250 at 4.46%$772.86
153,250 at 4.47%$773.77
153,250 at 4.48%$774.68
153,250 at 4.49%$775.58
153,250 at 4.5%$776.50
153,250 at 4.51%$777.41
153,250 at 4.52%$778.32
153,250 at 4.53%$779.23
153,250 at 4.54%$780.14
153,250 at 4.55%$781.05
153,250 at 4.56%$781.97
153,250 at 4.57%$782.88
153,250 at 4.58%$783.80
153,250 at 4.59%$784.71
153,250 at 4.6%$785.63
153,250 at 4.61%$786.54
153,250 at 4.62%$787.46
153,250 at 4.63%$788.38
153,250 at 4.64%$789.30
153,250 at 4.65%$790.21
153,250 at 4.66%$791.13
153,250 at 4.67%$792.05
153,250 at 4.68%$792.97
153,250 at 4.69%$793.89
153,250 at 4.7%$794.81
153,250 at 4.71%$795.73
153,250 at 4.72%$796.66
153,250 at 4.73%$797.58
153,250 at 4.74%$798.50
153,250 at 4.75%$799.42
153,250 at 4.76%$800.35
153,250 at 4.77%$801.27
153,250 at 4.78%$802.20
153,250 at 4.79%$803.12
153,250 at 4.8%$804.05
153,250 at 4.81%$804.98
153,250 at 4.82%$805.90
153,250 at 4.83%$806.83
153,250 at 4.84%$807.76
153,250 at 4.85%$808.69
153,250 at 4.86%$809.62
153,250 at 4.87%$810.55
153,250 at 4.88%$811.48
153,250 at 4.89%$812.41
153,250 at 4.9%$813.34
153,250 at 4.91%$814.27
153,250 at 4.92%$815.20
153,250 at 4.93%$816.14
153,250 at 4.94%$817.07
153,250 at 4.95%$818.00
153,250 at 4.96%$818.94
153,250 at 4.97%$819.87
153,250 at 4.98%$820.81
153,250 at 4.99%$821.74
153,250 at 5%$822.68
Interest Rate 30 Year
153,250 at 5.01%$823.62
153,250 at 5.02%$824.55
153,250 at 5.03%$825.49
153,250 at 5.04%$826.43
153,250 at 5.05%$827.37
153,250 at 5.06%$828.31
153,250 at 5.07%$829.25
153,250 at 5.08%$830.19
153,250 at 5.09%$831.13
153,250 at 5.1%$832.07
153,250 at 5.11%$833.01
153,250 at 5.12%$833.95
153,250 at 5.13%$834.90
153,250 at 5.14%$835.84
153,250 at 5.15%$836.79
153,250 at 5.16%$837.73
153,250 at 5.17%$838.67
153,250 at 5.18%$839.62
153,250 at 5.19%$840.57
153,250 at 5.2%$841.51
153,250 at 5.21%$842.46
153,250 at 5.22%$843.41
153,250 at 5.23%$844.35
153,250 at 5.24%$845.30
153,250 at 5.25%$846.25
153,250 at 5.26%$847.20
153,250 at 5.27%$848.15
153,250 at 5.28%$849.10
153,250 at 5.29%$850.05
153,250 at 5.3%$851.00
153,250 at 5.31%$851.96
153,250 at 5.32%$852.91
153,250 at 5.33%$853.86
153,250 at 5.34%$854.82
153,250 at 5.35%$855.77
153,250 at 5.36%$856.72
153,250 at 5.37%$857.68
153,250 at 5.38%$858.63
153,250 at 5.39%$859.59
153,250 at 5.4%$860.55
153,250 at 5.41%$861.50
153,250 at 5.42%$862.46
153,250 at 5.43%$863.42
153,250 at 5.44%$864.38
153,250 at 5.45%$865.34
153,250 at 5.46%$866.29
153,250 at 5.47%$867.25
153,250 at 5.48%$868.21
153,250 at 5.49%$869.18
153,250 at 5.5%$870.14
153,250 at 5.51%$871.10
153,250 at 5.52%$872.06
153,250 at 5.53%$873.02
153,250 at 5.54%$873.99
153,250 at 5.55%$874.95
153,250 at 5.56%$875.91
153,250 at 5.57%$876.88
153,250 at 5.58%$877.84
153,250 at 5.59%$878.81
153,250 at 5.6%$879.78
153,250 at 5.61%$880.74
153,250 at 5.62%$881.71
153,250 at 5.63%$882.68
153,250 at 5.64%$883.65
153,250 at 5.65%$884.61
153,250 at 5.66%$885.58
153,250 at 5.67%$886.55
153,250 at 5.68%$887.52
153,250 at 5.69%$888.49
153,250 at 5.7%$889.46
153,250 at 5.71%$890.44
153,250 at 5.72%$891.41
153,250 at 5.73%$892.38
153,250 at 5.74%$893.35
153,250 at 5.75%$894.33
153,250 at 5.76%$895.30
153,250 at 5.77%$896.27
153,250 at 5.78%$897.25
153,250 at 5.79%$898.22
153,250 at 5.8%$899.20
153,250 at 5.81%$900.18
153,250 at 5.82%$901.15
153,250 at 5.83%$902.13
153,250 at 5.84%$903.11
153,250 at 5.85%$904.08
153,250 at 5.86%$905.06
153,250 at 5.87%$906.04
153,250 at 5.88%$907.02
153,250 at 5.89%$908.00
153,250 at 5.9%$908.98
153,250 at 5.91%$909.96
153,250 at 5.92%$910.94
153,250 at 5.93%$911.93
153,250 at 5.94%$912.91
153,250 at 5.95%$913.89
153,250 at 5.96%$914.87
153,250 at 5.97%$915.86
153,250 at 5.98%$916.84
153,250 at 5.99%$917.83
153,250 at 6%$918.81
153,250 at 6.01%$919.80
153,250 at 6.02%$920.78
153,250 at 6.03%$921.77
153,250 at 6.04%$922.76
153,250 at 6.05%$923.74
153,250 at 6.06%$924.73
153,250 at 6.07%$925.72
153,250 at 6.08%$926.71
153,250 at 6.09%$927.70
153,250 at 6.1%$928.69
153,250 at 6.11%$929.68
153,250 at 6.12%$930.67
153,250 at 6.13%$931.66
153,250 at 6.14%$932.65
153,250 at 6.15%$933.64
153,250 at 6.16%$934.63
153,250 at 6.17%$935.63
153,250 at 6.18%$936.62
153,250 at 6.19%$937.61
153,250 at 6.2%$938.61
153,250 at 6.21%$939.60
153,250 at 6.22%$940.60
153,250 at 6.23%$941.59
153,250 at 6.24%$942.59
153,250 at 6.25%$943.59
153,250 at 6.26%$944.58
153,250 at 6.27%$945.58
153,250 at 6.28%$946.58
153,250 at 6.29%$947.58
153,250 at 6.3%$948.58
153,250 at 6.31%$949.57
153,250 at 6.32%$950.57
153,250 at 6.33%$951.57
153,250 at 6.34%$952.58
153,250 at 6.35%$953.58
153,250 at 6.36%$954.58
153,250 at 6.37%$955.58
153,250 at 6.38%$956.58
153,250 at 6.39%$957.58
153,250 at 6.4%$958.59
153,250 at 6.41%$959.59
153,250 at 6.42%$960.60
153,250 at 6.43%$961.60
153,250 at 6.44%$962.61
153,250 at 6.45%$963.61
153,250 at 6.46%$964.62
153,250 at 6.47%$965.62
153,250 at 6.48%$966.63
153,250 at 6.49%$967.64
153,250 at 6.5%$968.64
Interest Rate 30 Year
153,250 at 6.51%$969.65
153,250 at 6.52%$970.66
153,250 at 6.53%$971.67
153,250 at 6.54%$972.68
153,250 at 6.55%$973.69
153,250 at 6.56%$974.70
153,250 at 6.57%$975.71
153,250 at 6.58%$976.72
153,250 at 6.59%$977.73
153,250 at 6.6%$978.74
153,250 at 6.61%$979.76
153,250 at 6.62%$980.77
153,250 at 6.63%$981.78
153,250 at 6.64%$982.80
153,250 at 6.65%$983.81
153,250 at 6.66%$984.83
153,250 at 6.67%$985.84
153,250 at 6.68%$986.86
153,250 at 6.69%$987.87
153,250 at 6.7%$988.89
153,250 at 6.71%$989.91
153,250 at 6.72%$990.92
153,250 at 6.73%$991.94
153,250 at 6.74%$992.96
153,250 at 6.75%$993.98
153,250 at 6.76%$995.00
153,250 at 6.77%$996.01
153,250 at 6.78%$997.03
153,250 at 6.79%$998.05
153,250 at 6.8%$999.08
153,250 at 6.81%$1,000.10
153,250 at 6.82%$1,001.12
153,250 at 6.83%$1,002.14
153,250 at 6.84%$1,003.16
153,250 at 6.85%$1,004.18
153,250 at 6.86%$1,005.21
153,250 at 6.87%$1,006.23
153,250 at 6.88%$1,007.26
153,250 at 6.89%$1,008.28
153,250 at 6.9%$1,009.30
153,250 at 6.91%$1,010.33
153,250 at 6.92%$1,011.36
153,250 at 6.93%$1,012.38
153,250 at 6.94%$1,013.41
153,250 at 6.95%$1,014.44
153,250 at 6.96%$1,015.46
153,250 at 6.97%$1,016.49
153,250 at 6.98%$1,017.52
153,250 at 6.99%$1,018.55
153,250 at 7%$1,019.58
153,250 at 7.01%$1,020.61
153,250 at 7.02%$1,021.64
153,250 at 7.03%$1,022.67
153,250 at 7.04%$1,023.70
153,250 at 7.05%$1,024.73
153,250 at 7.06%$1,025.76
153,250 at 7.07%$1,026.79
153,250 at 7.08%$1,027.82
153,250 at 7.09%$1,028.86
153,250 at 7.1%$1,029.89
153,250 at 7.11%$1,030.92
153,250 at 7.12%$1,031.96
153,250 at 7.13%$1,032.99
153,250 at 7.14%$1,034.03
153,250 at 7.15%$1,035.06
153,250 at 7.16%$1,036.10
153,250 at 7.17%$1,037.13
153,250 at 7.18%$1,038.17
153,250 at 7.19%$1,039.21
153,250 at 7.2%$1,040.24
153,250 at 7.21%$1,041.28
153,250 at 7.22%$1,042.32
153,250 at 7.23%$1,043.36
153,250 at 7.24%$1,044.40
153,250 at 7.25%$1,045.44
153,250 at 7.26%$1,046.47
153,250 at 7.27%$1,047.51
153,250 at 7.28%$1,048.56
153,250 at 7.29%$1,049.60
153,250 at 7.3%$1,050.64
153,250 at 7.31%$1,051.68
153,250 at 7.32%$1,052.72
153,250 at 7.33%$1,053.76
153,250 at 7.34%$1,054.81
153,250 at 7.35%$1,055.85
153,250 at 7.36%$1,056.89
153,250 at 7.37%$1,057.94
153,250 at 7.38%$1,058.98
153,250 at 7.39%$1,060.03
153,250 at 7.4%$1,061.07
153,250 at 7.41%$1,062.12
153,250 at 7.42%$1,063.16
153,250 at 7.43%$1,064.21
153,250 at 7.44%$1,065.26
153,250 at 7.45%$1,066.30
153,250 at 7.46%$1,067.35
153,250 at 7.47%$1,068.40
153,250 at 7.48%$1,069.45
153,250 at 7.49%$1,070.50
153,250 at 7.5%$1,071.55
153,250 at 7.51%$1,072.60
153,250 at 7.52%$1,073.65
153,250 at 7.53%$1,074.70
153,250 at 7.54%$1,075.75
153,250 at 7.55%$1,076.80
153,250 at 7.56%$1,077.85
153,250 at 7.57%$1,078.90
153,250 at 7.58%$1,079.95
153,250 at 7.59%$1,081.01
153,250 at 7.6%$1,082.06
153,250 at 7.61%$1,083.11
153,250 at 7.62%$1,084.17
153,250 at 7.63%$1,085.22
153,250 at 7.64%$1,086.28
153,250 at 7.65%$1,087.33
153,250 at 7.66%$1,088.39
153,250 at 7.67%$1,089.44
153,250 at 7.68%$1,090.50
153,250 at 7.69%$1,091.55
153,250 at 7.7%$1,092.61
153,250 at 7.71%$1,093.67
153,250 at 7.72%$1,094.73
153,250 at 7.73%$1,095.78
153,250 at 7.74%$1,096.84
153,250 at 7.75%$1,097.90
153,250 at 7.76%$1,098.96
153,250 at 7.77%$1,100.02
153,250 at 7.78%$1,101.08
153,250 at 7.79%$1,102.14
153,250 at 7.8%$1,103.20
153,250 at 7.81%$1,104.26
153,250 at 7.82%$1,105.32
153,250 at 7.83%$1,106.39
153,250 at 7.84%$1,107.45
153,250 at 7.85%$1,108.51
153,250 at 7.86%$1,109.57
153,250 at 7.87%$1,110.64
153,250 at 7.88%$1,111.70
153,250 at 7.89%$1,112.76
153,250 at 7.9%$1,113.83
153,250 at 7.91%$1,114.89
153,250 at 7.92%$1,115.96
153,250 at 7.93%$1,117.02
153,250 at 7.94%$1,118.09
153,250 at 7.95%$1,119.16
153,250 at 7.96%$1,120.22
153,250 at 7.97%$1,121.29
153,250 at 7.98%$1,122.36
153,250 at 7.99%$1,123.43
153,250 at 8%$1,124.49
More Amounts
153,750
154,250
154,750
155,250
155,750
156,250
156,750
157,250
157,750
158,250
158,750
159,250
159,750
160,250
160,750
161,250
161,750
162,250
162,750
163,250
What is the down payment for a $153,250 house? How much do you need to put down?
Percent Down Down Payment
1%1,533
2%3,065
3%4,598
4%6,130
5%7,663
6%9,195
7%10,728
8%12,260
9%13,793
10%15,325
11%16,858
12%18,390
13%19,923
14%21,455
15%22,988
16%24,520
17%26,053
18%27,585
19%29,118
20%30,650
Percent Down Down Payment
21%32,183
22%33,715
23%35,248
24%36,780
25%38,313
26%39,845
27%41,378
28%42,910
29%44,443
30%45,975
31%47,508
32%49,040
33%50,573
34%52,105
35%53,638
36%55,170
37%56,703
38%58,235
39%59,768
40%61,300
Percent Down Down Payment
41%62,833
42%64,365
43%65,898
44%67,430
45%68,963
46%70,495
47%72,028
48%73,560
49%75,093
50%76,625
51%78,158
52%79,690
53%81,223
54%82,755
55%84,288
56%85,820
57%87,353
58%88,885
59%90,418
60%91,950
Percent Down Down Payment
61%93,483
62%95,015
63%96,548
64%98,080
65%99,613
66%101,145
67%102,678
68%104,210
69%105,743
70%107,275
71%108,808
72%110,340
73%111,873
74%113,405
75%114,938
76%116,470
77%118,003
78%119,535
79%121,068
80%122,600
Percent Down Down Payment
81%124,133
82%125,665
83%127,198
84%128,730
85%130,263
86%131,795
87%133,328
88%134,860
89%136,393
90%137,925
91%139,458
92%140,990
93%142,523
94%144,055
95%145,588
96%147,120
97%148,653
98%150,185
99%151,718
100%153,250
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.