$154,150 Mortgage for 30 Years

What is the monthly payment of a 154,150 dollar loan?
$
$
%
%
years
Loan Tables for a $154,150 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 154k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $154,150 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
154,150 at 2.01%$570.54
154,150 at 2.02%$571.31
154,150 at 2.03%$572.08
154,150 at 2.04%$572.86
154,150 at 2.05%$573.63
154,150 at 2.06%$574.40
154,150 at 2.07%$575.18
154,150 at 2.08%$575.96
154,150 at 2.09%$576.73
154,150 at 2.1%$577.51
154,150 at 2.11%$578.29
154,150 at 2.12%$579.06
154,150 at 2.13%$579.84
154,150 at 2.14%$580.62
154,150 at 2.15%$581.40
154,150 at 2.16%$582.18
154,150 at 2.17%$582.96
154,150 at 2.18%$583.74
154,150 at 2.19%$584.53
154,150 at 2.2%$585.31
154,150 at 2.21%$586.09
154,150 at 2.22%$586.88
154,150 at 2.23%$587.66
154,150 at 2.24%$588.45
154,150 at 2.25%$589.23
154,150 at 2.26%$590.02
154,150 at 2.27%$590.81
154,150 at 2.28%$591.59
154,150 at 2.29%$592.38
154,150 at 2.3%$593.17
154,150 at 2.31%$593.96
154,150 at 2.32%$594.75
154,150 at 2.33%$595.54
154,150 at 2.34%$596.33
154,150 at 2.35%$597.13
154,150 at 2.36%$597.92
154,150 at 2.37%$598.71
154,150 at 2.38%$599.51
154,150 at 2.39%$600.30
154,150 at 2.4%$601.09
154,150 at 2.41%$601.89
154,150 at 2.42%$602.69
154,150 at 2.43%$603.48
154,150 at 2.44%$604.28
154,150 at 2.45%$605.08
154,150 at 2.46%$605.88
154,150 at 2.47%$606.68
154,150 at 2.48%$607.48
154,150 at 2.49%$608.28
154,150 at 2.5%$609.08
154,150 at 2.51%$609.88
154,150 at 2.52%$610.68
154,150 at 2.53%$611.49
154,150 at 2.54%$612.29
154,150 at 2.55%$613.09
154,150 at 2.56%$613.90
154,150 at 2.57%$614.70
154,150 at 2.58%$615.51
154,150 at 2.59%$616.32
154,150 at 2.6%$617.12
154,150 at 2.61%$617.93
154,150 at 2.62%$618.74
154,150 at 2.63%$619.55
154,150 at 2.64%$620.36
154,150 at 2.65%$621.17
154,150 at 2.66%$621.98
154,150 at 2.67%$622.79
154,150 at 2.68%$623.60
154,150 at 2.69%$624.42
154,150 at 2.7%$625.23
154,150 at 2.71%$626.04
154,150 at 2.72%$626.86
154,150 at 2.73%$627.67
154,150 at 2.74%$628.49
154,150 at 2.75%$629.30
154,150 at 2.76%$630.12
154,150 at 2.77%$630.94
154,150 at 2.78%$631.76
154,150 at 2.79%$632.57
154,150 at 2.8%$633.39
154,150 at 2.81%$634.21
154,150 at 2.82%$635.03
154,150 at 2.83%$635.85
154,150 at 2.84%$636.68
154,150 at 2.85%$637.50
154,150 at 2.86%$638.32
154,150 at 2.87%$639.14
154,150 at 2.88%$639.97
154,150 at 2.89%$640.79
154,150 at 2.9%$641.62
154,150 at 2.91%$642.44
154,150 at 2.92%$643.27
154,150 at 2.93%$644.10
154,150 at 2.94%$644.93
154,150 at 2.95%$645.75
154,150 at 2.96%$646.58
154,150 at 2.97%$647.41
154,150 at 2.98%$648.24
154,150 at 2.99%$649.07
154,150 at 3%$649.90
154,150 at 3.01%$650.73
154,150 at 3.02%$651.57
154,150 at 3.03%$652.40
154,150 at 3.04%$653.23
154,150 at 3.05%$654.07
154,150 at 3.06%$654.90
154,150 at 3.07%$655.74
154,150 at 3.08%$656.57
154,150 at 3.09%$657.41
154,150 at 3.1%$658.25
154,150 at 3.11%$659.08
154,150 at 3.12%$659.92
154,150 at 3.13%$660.76
154,150 at 3.14%$661.60
154,150 at 3.15%$662.44
154,150 at 3.16%$663.28
154,150 at 3.17%$664.12
154,150 at 3.18%$664.96
154,150 at 3.19%$665.80
154,150 at 3.2%$666.65
154,150 at 3.21%$667.49
154,150 at 3.22%$668.34
154,150 at 3.23%$669.18
154,150 at 3.24%$670.02
154,150 at 3.25%$670.87
154,150 at 3.26%$671.72
154,150 at 3.27%$672.56
154,150 at 3.28%$673.41
154,150 at 3.29%$674.26
154,150 at 3.3%$675.11
154,150 at 3.31%$675.96
154,150 at 3.32%$676.81
154,150 at 3.33%$677.66
154,150 at 3.34%$678.51
154,150 at 3.35%$679.36
154,150 at 3.36%$680.21
154,150 at 3.37%$681.06
154,150 at 3.38%$681.92
154,150 at 3.39%$682.77
154,150 at 3.4%$683.63
154,150 at 3.41%$684.48
154,150 at 3.42%$685.34
154,150 at 3.43%$686.19
154,150 at 3.44%$687.05
154,150 at 3.45%$687.91
154,150 at 3.46%$688.77
154,150 at 3.47%$689.62
154,150 at 3.48%$690.48
154,150 at 3.49%$691.34
154,150 at 3.5%$692.20
Interest Rate 30 Year
154,150 at 3.51%$693.06
154,150 at 3.52%$693.92
154,150 at 3.53%$694.79
154,150 at 3.54%$695.65
154,150 at 3.55%$696.51
154,150 at 3.56%$697.38
154,150 at 3.57%$698.24
154,150 at 3.58%$699.10
154,150 at 3.59%$699.97
154,150 at 3.6%$700.84
154,150 at 3.61%$701.70
154,150 at 3.62%$702.57
154,150 at 3.63%$703.44
154,150 at 3.64%$704.31
154,150 at 3.65%$705.17
154,150 at 3.66%$706.04
154,150 at 3.67%$706.91
154,150 at 3.68%$707.78
154,150 at 3.69%$708.65
154,150 at 3.7%$709.53
154,150 at 3.71%$710.40
154,150 at 3.72%$711.27
154,150 at 3.73%$712.14
154,150 at 3.74%$713.02
154,150 at 3.75%$713.89
154,150 at 3.76%$714.77
154,150 at 3.77%$715.64
154,150 at 3.78%$716.52
154,150 at 3.79%$717.40
154,150 at 3.8%$718.27
154,150 at 3.81%$719.15
154,150 at 3.82%$720.03
154,150 at 3.83%$720.91
154,150 at 3.84%$721.79
154,150 at 3.85%$722.67
154,150 at 3.86%$723.55
154,150 at 3.87%$724.43
154,150 at 3.88%$725.31
154,150 at 3.89%$726.19
154,150 at 3.9%$727.08
154,150 at 3.91%$727.96
154,150 at 3.92%$728.84
154,150 at 3.93%$729.73
154,150 at 3.94%$730.61
154,150 at 3.95%$731.50
154,150 at 3.96%$732.39
154,150 at 3.97%$733.27
154,150 at 3.98%$734.16
154,150 at 3.99%$735.05
154,150 at 4%$735.94
154,150 at 4.01%$736.82
154,150 at 4.02%$737.71
154,150 at 4.03%$738.60
154,150 at 4.04%$739.49
154,150 at 4.05%$740.39
154,150 at 4.06%$741.28
154,150 at 4.07%$742.17
154,150 at 4.08%$743.06
154,150 at 4.09%$743.96
154,150 at 4.1%$744.85
154,150 at 4.11%$745.74
154,150 at 4.12%$746.64
154,150 at 4.13%$747.54
154,150 at 4.14%$748.43
154,150 at 4.15%$749.33
154,150 at 4.16%$750.23
154,150 at 4.17%$751.12
154,150 at 4.18%$752.02
154,150 at 4.19%$752.92
154,150 at 4.2%$753.82
154,150 at 4.21%$754.72
154,150 at 4.22%$755.62
154,150 at 4.23%$756.52
154,150 at 4.24%$757.42
154,150 at 4.25%$758.33
154,150 at 4.26%$759.23
154,150 at 4.27%$760.13
154,150 at 4.28%$761.04
154,150 at 4.29%$761.94
154,150 at 4.3%$762.84
154,150 at 4.31%$763.75
154,150 at 4.32%$764.66
154,150 at 4.33%$765.56
154,150 at 4.34%$766.47
154,150 at 4.35%$767.38
154,150 at 4.36%$768.29
154,150 at 4.37%$769.19
154,150 at 4.38%$770.10
154,150 at 4.39%$771.01
154,150 at 4.4%$771.92
154,150 at 4.41%$772.83
154,150 at 4.42%$773.75
154,150 at 4.43%$774.66
154,150 at 4.44%$775.57
154,150 at 4.45%$776.48
154,150 at 4.46%$777.40
154,150 at 4.47%$778.31
154,150 at 4.48%$779.22
154,150 at 4.49%$780.14
154,150 at 4.5%$781.06
154,150 at 4.51%$781.97
154,150 at 4.52%$782.89
154,150 at 4.53%$783.81
154,150 at 4.54%$784.72
154,150 at 4.55%$785.64
154,150 at 4.56%$786.56
154,150 at 4.57%$787.48
154,150 at 4.58%$788.40
154,150 at 4.59%$789.32
154,150 at 4.6%$790.24
154,150 at 4.61%$791.16
154,150 at 4.62%$792.08
154,150 at 4.63%$793.01
154,150 at 4.64%$793.93
154,150 at 4.65%$794.85
154,150 at 4.66%$795.78
154,150 at 4.67%$796.70
154,150 at 4.68%$797.63
154,150 at 4.69%$798.55
154,150 at 4.7%$799.48
154,150 at 4.71%$800.41
154,150 at 4.72%$801.33
154,150 at 4.73%$802.26
154,150 at 4.74%$803.19
154,150 at 4.75%$804.12
154,150 at 4.76%$805.05
154,150 at 4.77%$805.98
154,150 at 4.78%$806.91
154,150 at 4.79%$807.84
154,150 at 4.8%$808.77
154,150 at 4.81%$809.70
154,150 at 4.82%$810.64
154,150 at 4.83%$811.57
154,150 at 4.84%$812.50
154,150 at 4.85%$813.44
154,150 at 4.86%$814.37
154,150 at 4.87%$815.31
154,150 at 4.88%$816.24
154,150 at 4.89%$817.18
154,150 at 4.9%$818.12
154,150 at 4.91%$819.05
154,150 at 4.92%$819.99
154,150 at 4.93%$820.93
154,150 at 4.94%$821.87
154,150 at 4.95%$822.81
154,150 at 4.96%$823.75
154,150 at 4.97%$824.69
154,150 at 4.98%$825.63
154,150 at 4.99%$826.57
154,150 at 5%$827.51
Interest Rate 30 Year
154,150 at 5.01%$828.45
154,150 at 5.02%$829.40
154,150 at 5.03%$830.34
154,150 at 5.04%$831.28
154,150 at 5.05%$832.23
154,150 at 5.06%$833.17
154,150 at 5.07%$834.12
154,150 at 5.08%$835.06
154,150 at 5.09%$836.01
154,150 at 5.1%$836.96
154,150 at 5.11%$837.90
154,150 at 5.12%$838.85
154,150 at 5.13%$839.80
154,150 at 5.14%$840.75
154,150 at 5.15%$841.70
154,150 at 5.16%$842.65
154,150 at 5.17%$843.60
154,150 at 5.18%$844.55
154,150 at 5.19%$845.50
154,150 at 5.2%$846.45
154,150 at 5.21%$847.41
154,150 at 5.22%$848.36
154,150 at 5.23%$849.31
154,150 at 5.24%$850.27
154,150 at 5.25%$851.22
154,150 at 5.26%$852.18
154,150 at 5.27%$853.13
154,150 at 5.28%$854.09
154,150 at 5.29%$855.05
154,150 at 5.3%$856.00
154,150 at 5.31%$856.96
154,150 at 5.32%$857.92
154,150 at 5.33%$858.88
154,150 at 5.34%$859.84
154,150 at 5.35%$860.79
154,150 at 5.36%$861.75
154,150 at 5.37%$862.72
154,150 at 5.38%$863.68
154,150 at 5.39%$864.64
154,150 at 5.4%$865.60
154,150 at 5.41%$866.56
154,150 at 5.42%$867.53
154,150 at 5.43%$868.49
154,150 at 5.44%$869.45
154,150 at 5.45%$870.42
154,150 at 5.46%$871.38
154,150 at 5.47%$872.35
154,150 at 5.48%$873.31
154,150 at 5.49%$874.28
154,150 at 5.5%$875.25
154,150 at 5.51%$876.21
154,150 at 5.52%$877.18
154,150 at 5.53%$878.15
154,150 at 5.54%$879.12
154,150 at 5.55%$880.09
154,150 at 5.56%$881.06
154,150 at 5.57%$882.03
154,150 at 5.58%$883.00
154,150 at 5.59%$883.97
154,150 at 5.6%$884.94
154,150 at 5.61%$885.92
154,150 at 5.62%$886.89
154,150 at 5.63%$887.86
154,150 at 5.64%$888.83
154,150 at 5.65%$889.81
154,150 at 5.66%$890.78
154,150 at 5.67%$891.76
154,150 at 5.68%$892.73
154,150 at 5.69%$893.71
154,150 at 5.7%$894.69
154,150 at 5.71%$895.66
154,150 at 5.72%$896.64
154,150 at 5.73%$897.62
154,150 at 5.74%$898.60
154,150 at 5.75%$899.58
154,150 at 5.76%$900.56
154,150 at 5.77%$901.54
154,150 at 5.78%$902.52
154,150 at 5.79%$903.50
154,150 at 5.8%$904.48
154,150 at 5.81%$905.46
154,150 at 5.82%$906.44
154,150 at 5.83%$907.43
154,150 at 5.84%$908.41
154,150 at 5.85%$909.39
154,150 at 5.86%$910.38
154,150 at 5.87%$911.36
154,150 at 5.88%$912.35
154,150 at 5.89%$913.33
154,150 at 5.9%$914.32
154,150 at 5.91%$915.31
154,150 at 5.92%$916.29
154,150 at 5.93%$917.28
154,150 at 5.94%$918.27
154,150 at 5.95%$919.26
154,150 at 5.96%$920.25
154,150 at 5.97%$921.24
154,150 at 5.98%$922.23
154,150 at 5.99%$923.22
154,150 at 6%$924.21
154,150 at 6.01%$925.20
154,150 at 6.02%$926.19
154,150 at 6.03%$927.18
154,150 at 6.04%$928.18
154,150 at 6.05%$929.17
154,150 at 6.06%$930.16
154,150 at 6.07%$931.16
154,150 at 6.08%$932.15
154,150 at 6.09%$933.15
154,150 at 6.1%$934.14
154,150 at 6.11%$935.14
154,150 at 6.12%$936.13
154,150 at 6.13%$937.13
154,150 at 6.14%$938.13
154,150 at 6.15%$939.13
154,150 at 6.16%$940.12
154,150 at 6.17%$941.12
154,150 at 6.18%$942.12
154,150 at 6.19%$943.12
154,150 at 6.2%$944.12
154,150 at 6.21%$945.12
154,150 at 6.22%$946.12
154,150 at 6.23%$947.12
154,150 at 6.24%$948.13
154,150 at 6.25%$949.13
154,150 at 6.26%$950.13
154,150 at 6.27%$951.13
154,150 at 6.28%$952.14
154,150 at 6.29%$953.14
154,150 at 6.3%$954.15
154,150 at 6.31%$955.15
154,150 at 6.32%$956.16
154,150 at 6.33%$957.16
154,150 at 6.34%$958.17
154,150 at 6.35%$959.18
154,150 at 6.36%$960.18
154,150 at 6.37%$961.19
154,150 at 6.38%$962.20
154,150 at 6.39%$963.21
154,150 at 6.4%$964.22
154,150 at 6.41%$965.23
154,150 at 6.42%$966.24
154,150 at 6.43%$967.25
154,150 at 6.44%$968.26
154,150 at 6.45%$969.27
154,150 at 6.46%$970.28
154,150 at 6.47%$971.29
154,150 at 6.48%$972.31
154,150 at 6.49%$973.32
154,150 at 6.5%$974.33
Interest Rate 30 Year
154,150 at 6.51%$975.35
154,150 at 6.52%$976.36
154,150 at 6.53%$977.38
154,150 at 6.54%$978.39
154,150 at 6.55%$979.41
154,150 at 6.56%$980.42
154,150 at 6.57%$981.44
154,150 at 6.58%$982.46
154,150 at 6.59%$983.47
154,150 at 6.6%$984.49
154,150 at 6.61%$985.51
154,150 at 6.62%$986.53
154,150 at 6.63%$987.55
154,150 at 6.64%$988.57
154,150 at 6.65%$989.59
154,150 at 6.66%$990.61
154,150 at 6.67%$991.63
154,150 at 6.68%$992.65
154,150 at 6.69%$993.67
154,150 at 6.7%$994.70
154,150 at 6.71%$995.72
154,150 at 6.72%$996.74
154,150 at 6.73%$997.77
154,150 at 6.74%$998.79
154,150 at 6.75%$999.81
154,150 at 6.76%$1,000.84
154,150 at 6.77%$1,001.86
154,150 at 6.78%$1,002.89
154,150 at 6.79%$1,003.92
154,150 at 6.8%$1,004.94
154,150 at 6.81%$1,005.97
154,150 at 6.82%$1,007.00
154,150 at 6.83%$1,008.03
154,150 at 6.84%$1,009.05
154,150 at 6.85%$1,010.08
154,150 at 6.86%$1,011.11
154,150 at 6.87%$1,012.14
154,150 at 6.88%$1,013.17
154,150 at 6.89%$1,014.20
154,150 at 6.9%$1,015.23
154,150 at 6.91%$1,016.26
154,150 at 6.92%$1,017.30
154,150 at 6.93%$1,018.33
154,150 at 6.94%$1,019.36
154,150 at 6.95%$1,020.39
154,150 at 6.96%$1,021.43
154,150 at 6.97%$1,022.46
154,150 at 6.98%$1,023.49
154,150 at 6.99%$1,024.53
154,150 at 7%$1,025.56
154,150 at 7.01%$1,026.60
154,150 at 7.02%$1,027.64
154,150 at 7.03%$1,028.67
154,150 at 7.04%$1,029.71
154,150 at 7.05%$1,030.75
154,150 at 7.06%$1,031.78
154,150 at 7.07%$1,032.82
154,150 at 7.08%$1,033.86
154,150 at 7.09%$1,034.90
154,150 at 7.1%$1,035.94
154,150 at 7.11%$1,036.98
154,150 at 7.12%$1,038.02
154,150 at 7.13%$1,039.06
154,150 at 7.14%$1,040.10
154,150 at 7.15%$1,041.14
154,150 at 7.16%$1,042.18
154,150 at 7.17%$1,043.22
154,150 at 7.18%$1,044.27
154,150 at 7.19%$1,045.31
154,150 at 7.2%$1,046.35
154,150 at 7.21%$1,047.40
154,150 at 7.22%$1,048.44
154,150 at 7.23%$1,049.48
154,150 at 7.24%$1,050.53
154,150 at 7.25%$1,051.57
154,150 at 7.26%$1,052.62
154,150 at 7.27%$1,053.67
154,150 at 7.28%$1,054.71
154,150 at 7.29%$1,055.76
154,150 at 7.3%$1,056.81
154,150 at 7.31%$1,057.86
154,150 at 7.32%$1,058.90
154,150 at 7.33%$1,059.95
154,150 at 7.34%$1,061.00
154,150 at 7.35%$1,062.05
154,150 at 7.36%$1,063.10
154,150 at 7.37%$1,064.15
154,150 at 7.38%$1,065.20
154,150 at 7.39%$1,066.25
154,150 at 7.4%$1,067.30
154,150 at 7.41%$1,068.36
154,150 at 7.42%$1,069.41
154,150 at 7.43%$1,070.46
154,150 at 7.44%$1,071.51
154,150 at 7.45%$1,072.57
154,150 at 7.46%$1,073.62
154,150 at 7.47%$1,074.67
154,150 at 7.48%$1,075.73
154,150 at 7.49%$1,076.78
154,150 at 7.5%$1,077.84
154,150 at 7.51%$1,078.89
154,150 at 7.52%$1,079.95
154,150 at 7.53%$1,081.01
154,150 at 7.54%$1,082.06
154,150 at 7.55%$1,083.12
154,150 at 7.56%$1,084.18
154,150 at 7.57%$1,085.24
154,150 at 7.58%$1,086.30
154,150 at 7.59%$1,087.35
154,150 at 7.6%$1,088.41
154,150 at 7.61%$1,089.47
154,150 at 7.62%$1,090.53
154,150 at 7.63%$1,091.59
154,150 at 7.64%$1,092.66
154,150 at 7.65%$1,093.72
154,150 at 7.66%$1,094.78
154,150 at 7.67%$1,095.84
154,150 at 7.68%$1,096.90
154,150 at 7.69%$1,097.96
154,150 at 7.7%$1,099.03
154,150 at 7.71%$1,100.09
154,150 at 7.72%$1,101.16
154,150 at 7.73%$1,102.22
154,150 at 7.74%$1,103.28
154,150 at 7.75%$1,104.35
154,150 at 7.76%$1,105.41
154,150 at 7.77%$1,106.48
154,150 at 7.78%$1,107.55
154,150 at 7.79%$1,108.61
154,150 at 7.8%$1,109.68
154,150 at 7.81%$1,110.75
154,150 at 7.82%$1,111.82
154,150 at 7.83%$1,112.88
154,150 at 7.84%$1,113.95
154,150 at 7.85%$1,115.02
154,150 at 7.86%$1,116.09
154,150 at 7.87%$1,117.16
154,150 at 7.88%$1,118.23
154,150 at 7.89%$1,119.30
154,150 at 7.9%$1,120.37
154,150 at 7.91%$1,121.44
154,150 at 7.92%$1,122.51
154,150 at 7.93%$1,123.58
154,150 at 7.94%$1,124.66
154,150 at 7.95%$1,125.73
154,150 at 7.96%$1,126.80
154,150 at 7.97%$1,127.88
154,150 at 7.98%$1,128.95
154,150 at 7.99%$1,130.02
154,150 at 8%$1,131.10
More Amounts
What is the down payment for a $154,150 house? How much do you need to put down?
Percent Down Down Payment
1%1,542
2%3,083
3%4,625
4%6,166
5%7,708
6%9,249
7%10,791
8%12,332
9%13,874
10%15,415
11%16,957
12%18,498
13%20,040
14%21,581
15%23,123
16%24,664
17%26,206
18%27,747
19%29,289
20%30,830
Percent Down Down Payment
21%32,372
22%33,913
23%35,455
24%36,996
25%38,538
26%40,079
27%41,621
28%43,162
29%44,704
30%46,245
31%47,787
32%49,328
33%50,870
34%52,411
35%53,953
36%55,494
37%57,036
38%58,577
39%60,119
40%61,660
Percent Down Down Payment
41%63,202
42%64,743
43%66,285
44%67,826
45%69,368
46%70,909
47%72,451
48%73,992
49%75,534
50%77,075
51%78,617
52%80,158
53%81,700
54%83,241
55%84,783
56%86,324
57%87,866
58%89,407
59%90,949
60%92,490
Percent Down Down Payment
61%94,032
62%95,573
63%97,115
64%98,656
65%100,198
66%101,739
67%103,281
68%104,822
69%106,364
70%107,905
71%109,447
72%110,988
73%112,530
74%114,071
75%115,613
76%117,154
77%118,696
78%120,237
79%121,779
80%123,320
Percent Down Down Payment
81%124,862
82%126,403
83%127,945
84%129,486
85%131,028
86%132,569
87%134,111
88%135,652
89%137,194
90%138,735
91%140,277
92%141,818
93%143,360
94%144,901
95%146,443
96%147,984
97%149,526
98%151,067
99%152,609
100%154,150
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.