$155,100 Mortgage for 30 Years

What is the monthly payment of a 155,100 dollar loan?
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Loan Tables for a $155,100 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 155k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $155,100 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
155,100 at 2.01%$574.06
155,100 at 2.02%$574.83
155,100 at 2.03%$575.61
155,100 at 2.04%$576.39
155,100 at 2.05%$577.17
155,100 at 2.06%$577.94
155,100 at 2.07%$578.72
155,100 at 2.08%$579.50
155,100 at 2.09%$580.29
155,100 at 2.1%$581.07
155,100 at 2.11%$581.85
155,100 at 2.12%$582.63
155,100 at 2.13%$583.42
155,100 at 2.14%$584.20
155,100 at 2.15%$584.98
155,100 at 2.16%$585.77
155,100 at 2.17%$586.55
155,100 at 2.18%$587.34
155,100 at 2.19%$588.13
155,100 at 2.2%$588.92
155,100 at 2.21%$589.70
155,100 at 2.22%$590.49
155,100 at 2.23%$591.28
155,100 at 2.24%$592.07
155,100 at 2.25%$592.86
155,100 at 2.26%$593.66
155,100 at 2.27%$594.45
155,100 at 2.28%$595.24
155,100 at 2.29%$596.03
155,100 at 2.3%$596.83
155,100 at 2.31%$597.62
155,100 at 2.32%$598.42
155,100 at 2.33%$599.21
155,100 at 2.34%$600.01
155,100 at 2.35%$600.81
155,100 at 2.36%$601.60
155,100 at 2.37%$602.40
155,100 at 2.38%$603.20
155,100 at 2.39%$604.00
155,100 at 2.4%$604.80
155,100 at 2.41%$605.60
155,100 at 2.42%$606.40
155,100 at 2.43%$607.20
155,100 at 2.44%$608.01
155,100 at 2.45%$608.81
155,100 at 2.46%$609.61
155,100 at 2.47%$610.42
155,100 at 2.48%$611.22
155,100 at 2.49%$612.03
155,100 at 2.5%$612.83
155,100 at 2.51%$613.64
155,100 at 2.52%$614.45
155,100 at 2.53%$615.25
155,100 at 2.54%$616.06
155,100 at 2.55%$616.87
155,100 at 2.56%$617.68
155,100 at 2.57%$618.49
155,100 at 2.58%$619.30
155,100 at 2.59%$620.11
155,100 at 2.6%$620.93
155,100 at 2.61%$621.74
155,100 at 2.62%$622.55
155,100 at 2.63%$623.37
155,100 at 2.64%$624.18
155,100 at 2.65%$625.00
155,100 at 2.66%$625.81
155,100 at 2.67%$626.63
155,100 at 2.68%$627.45
155,100 at 2.69%$628.26
155,100 at 2.7%$629.08
155,100 at 2.71%$629.90
155,100 at 2.72%$630.72
155,100 at 2.73%$631.54
155,100 at 2.74%$632.36
155,100 at 2.75%$633.18
155,100 at 2.76%$634.00
155,100 at 2.77%$634.83
155,100 at 2.78%$635.65
155,100 at 2.79%$636.47
155,100 at 2.8%$637.30
155,100 at 2.81%$638.12
155,100 at 2.82%$638.95
155,100 at 2.83%$639.77
155,100 at 2.84%$640.60
155,100 at 2.85%$641.43
155,100 at 2.86%$642.26
155,100 at 2.87%$643.08
155,100 at 2.88%$643.91
155,100 at 2.89%$644.74
155,100 at 2.9%$645.57
155,100 at 2.91%$646.40
155,100 at 2.92%$647.23
155,100 at 2.93%$648.07
155,100 at 2.94%$648.90
155,100 at 2.95%$649.73
155,100 at 2.96%$650.57
155,100 at 2.97%$651.40
155,100 at 2.98%$652.24
155,100 at 2.99%$653.07
155,100 at 3%$653.91
155,100 at 3.01%$654.74
155,100 at 3.02%$655.58
155,100 at 3.03%$656.42
155,100 at 3.04%$657.26
155,100 at 3.05%$658.10
155,100 at 3.06%$658.94
155,100 at 3.07%$659.78
155,100 at 3.08%$660.62
155,100 at 3.09%$661.46
155,100 at 3.1%$662.30
155,100 at 3.11%$663.15
155,100 at 3.12%$663.99
155,100 at 3.13%$664.83
155,100 at 3.14%$665.68
155,100 at 3.15%$666.52
155,100 at 3.16%$667.37
155,100 at 3.17%$668.21
155,100 at 3.18%$669.06
155,100 at 3.19%$669.91
155,100 at 3.2%$670.76
155,100 at 3.21%$671.60
155,100 at 3.22%$672.45
155,100 at 3.23%$673.30
155,100 at 3.24%$674.15
155,100 at 3.25%$675.01
155,100 at 3.26%$675.86
155,100 at 3.27%$676.71
155,100 at 3.28%$677.56
155,100 at 3.29%$678.41
155,100 at 3.3%$679.27
155,100 at 3.31%$680.12
155,100 at 3.32%$680.98
155,100 at 3.33%$681.83
155,100 at 3.34%$682.69
155,100 at 3.35%$683.55
155,100 at 3.36%$684.40
155,100 at 3.37%$685.26
155,100 at 3.38%$686.12
155,100 at 3.39%$686.98
155,100 at 3.4%$687.84
155,100 at 3.41%$688.70
155,100 at 3.42%$689.56
155,100 at 3.43%$690.42
155,100 at 3.44%$691.28
155,100 at 3.45%$692.15
155,100 at 3.46%$693.01
155,100 at 3.47%$693.87
155,100 at 3.48%$694.74
155,100 at 3.49%$695.60
155,100 at 3.5%$696.47
Interest Rate 30 Year
155,100 at 3.51%$697.33
155,100 at 3.52%$698.20
155,100 at 3.53%$699.07
155,100 at 3.54%$699.94
155,100 at 3.55%$700.80
155,100 at 3.56%$701.67
155,100 at 3.57%$702.54
155,100 at 3.58%$703.41
155,100 at 3.59%$704.28
155,100 at 3.6%$705.15
155,100 at 3.61%$706.03
155,100 at 3.62%$706.90
155,100 at 3.63%$707.77
155,100 at 3.64%$708.65
155,100 at 3.65%$709.52
155,100 at 3.66%$710.39
155,100 at 3.67%$711.27
155,100 at 3.68%$712.15
155,100 at 3.69%$713.02
155,100 at 3.7%$713.90
155,100 at 3.71%$714.78
155,100 at 3.72%$715.65
155,100 at 3.73%$716.53
155,100 at 3.74%$717.41
155,100 at 3.75%$718.29
155,100 at 3.76%$719.17
155,100 at 3.77%$720.05
155,100 at 3.78%$720.94
155,100 at 3.79%$721.82
155,100 at 3.8%$722.70
155,100 at 3.81%$723.58
155,100 at 3.82%$724.47
155,100 at 3.83%$725.35
155,100 at 3.84%$726.24
155,100 at 3.85%$727.12
155,100 at 3.86%$728.01
155,100 at 3.87%$728.89
155,100 at 3.88%$729.78
155,100 at 3.89%$730.67
155,100 at 3.9%$731.56
155,100 at 3.91%$732.45
155,100 at 3.92%$733.34
155,100 at 3.93%$734.23
155,100 at 3.94%$735.12
155,100 at 3.95%$736.01
155,100 at 3.96%$736.90
155,100 at 3.97%$737.79
155,100 at 3.98%$738.68
155,100 at 3.99%$739.58
155,100 at 4%$740.47
155,100 at 4.01%$741.37
155,100 at 4.02%$742.26
155,100 at 4.03%$743.16
155,100 at 4.04%$744.05
155,100 at 4.05%$744.95
155,100 at 4.06%$745.85
155,100 at 4.07%$746.74
155,100 at 4.08%$747.64
155,100 at 4.09%$748.54
155,100 at 4.1%$749.44
155,100 at 4.11%$750.34
155,100 at 4.12%$751.24
155,100 at 4.13%$752.14
155,100 at 4.14%$753.04
155,100 at 4.15%$753.95
155,100 at 4.16%$754.85
155,100 at 4.17%$755.75
155,100 at 4.18%$756.66
155,100 at 4.19%$757.56
155,100 at 4.2%$758.47
155,100 at 4.21%$759.37
155,100 at 4.22%$760.28
155,100 at 4.23%$761.18
155,100 at 4.24%$762.09
155,100 at 4.25%$763.00
155,100 at 4.26%$763.91
155,100 at 4.27%$764.82
155,100 at 4.28%$765.73
155,100 at 4.29%$766.64
155,100 at 4.3%$767.55
155,100 at 4.31%$768.46
155,100 at 4.32%$769.37
155,100 at 4.33%$770.28
155,100 at 4.34%$771.19
155,100 at 4.35%$772.11
155,100 at 4.36%$773.02
155,100 at 4.37%$773.93
155,100 at 4.38%$774.85
155,100 at 4.39%$775.76
155,100 at 4.4%$776.68
155,100 at 4.41%$777.60
155,100 at 4.42%$778.51
155,100 at 4.43%$779.43
155,100 at 4.44%$780.35
155,100 at 4.45%$781.27
155,100 at 4.46%$782.19
155,100 at 4.47%$783.11
155,100 at 4.48%$784.03
155,100 at 4.49%$784.95
155,100 at 4.5%$785.87
155,100 at 4.51%$786.79
155,100 at 4.52%$787.71
155,100 at 4.53%$788.64
155,100 at 4.54%$789.56
155,100 at 4.55%$790.48
155,100 at 4.56%$791.41
155,100 at 4.57%$792.33
155,100 at 4.58%$793.26
155,100 at 4.59%$794.18
155,100 at 4.6%$795.11
155,100 at 4.61%$796.04
155,100 at 4.62%$796.97
155,100 at 4.63%$797.89
155,100 at 4.64%$798.82
155,100 at 4.65%$799.75
155,100 at 4.66%$800.68
155,100 at 4.67%$801.61
155,100 at 4.68%$802.54
155,100 at 4.69%$803.48
155,100 at 4.7%$804.41
155,100 at 4.71%$805.34
155,100 at 4.72%$806.27
155,100 at 4.73%$807.21
155,100 at 4.74%$808.14
155,100 at 4.75%$809.08
155,100 at 4.76%$810.01
155,100 at 4.77%$810.95
155,100 at 4.78%$811.88
155,100 at 4.79%$812.82
155,100 at 4.8%$813.76
155,100 at 4.81%$814.69
155,100 at 4.82%$815.63
155,100 at 4.83%$816.57
155,100 at 4.84%$817.51
155,100 at 4.85%$818.45
155,100 at 4.86%$819.39
155,100 at 4.87%$820.33
155,100 at 4.88%$821.27
155,100 at 4.89%$822.21
155,100 at 4.9%$823.16
155,100 at 4.91%$824.10
155,100 at 4.92%$825.04
155,100 at 4.93%$825.99
155,100 at 4.94%$826.93
155,100 at 4.95%$827.88
155,100 at 4.96%$828.82
155,100 at 4.97%$829.77
155,100 at 4.98%$830.72
155,100 at 4.99%$831.66
155,100 at 5%$832.61
Interest Rate 30 Year
155,100 at 5.01%$833.56
155,100 at 5.02%$834.51
155,100 at 5.03%$835.46
155,100 at 5.04%$836.41
155,100 at 5.05%$837.36
155,100 at 5.06%$838.31
155,100 at 5.07%$839.26
155,100 at 5.08%$840.21
155,100 at 5.09%$841.16
155,100 at 5.1%$842.12
155,100 at 5.11%$843.07
155,100 at 5.12%$844.02
155,100 at 5.13%$844.98
155,100 at 5.14%$845.93
155,100 at 5.15%$846.89
155,100 at 5.16%$847.84
155,100 at 5.17%$848.80
155,100 at 5.18%$849.76
155,100 at 5.19%$850.71
155,100 at 5.2%$851.67
155,100 at 5.21%$852.63
155,100 at 5.22%$853.59
155,100 at 5.23%$854.55
155,100 at 5.24%$855.51
155,100 at 5.25%$856.47
155,100 at 5.26%$857.43
155,100 at 5.27%$858.39
155,100 at 5.28%$859.35
155,100 at 5.29%$860.31
155,100 at 5.3%$861.28
155,100 at 5.31%$862.24
155,100 at 5.32%$863.20
155,100 at 5.33%$864.17
155,100 at 5.34%$865.13
155,100 at 5.35%$866.10
155,100 at 5.36%$867.07
155,100 at 5.37%$868.03
155,100 at 5.38%$869.00
155,100 at 5.39%$869.97
155,100 at 5.4%$870.93
155,100 at 5.41%$871.90
155,100 at 5.42%$872.87
155,100 at 5.43%$873.84
155,100 at 5.44%$874.81
155,100 at 5.45%$875.78
155,100 at 5.46%$876.75
155,100 at 5.47%$877.72
155,100 at 5.48%$878.70
155,100 at 5.49%$879.67
155,100 at 5.5%$880.64
155,100 at 5.51%$881.61
155,100 at 5.52%$882.59
155,100 at 5.53%$883.56
155,100 at 5.54%$884.54
155,100 at 5.55%$885.51
155,100 at 5.56%$886.49
155,100 at 5.57%$887.46
155,100 at 5.58%$888.44
155,100 at 5.59%$889.42
155,100 at 5.6%$890.40
155,100 at 5.61%$891.37
155,100 at 5.62%$892.35
155,100 at 5.63%$893.33
155,100 at 5.64%$894.31
155,100 at 5.65%$895.29
155,100 at 5.66%$896.27
155,100 at 5.67%$897.25
155,100 at 5.68%$898.24
155,100 at 5.69%$899.22
155,100 at 5.7%$900.20
155,100 at 5.71%$901.18
155,100 at 5.72%$902.17
155,100 at 5.73%$903.15
155,100 at 5.74%$904.14
155,100 at 5.75%$905.12
155,100 at 5.76%$906.11
155,100 at 5.77%$907.09
155,100 at 5.78%$908.08
155,100 at 5.79%$909.07
155,100 at 5.8%$910.05
155,100 at 5.81%$911.04
155,100 at 5.82%$912.03
155,100 at 5.83%$913.02
155,100 at 5.84%$914.01
155,100 at 5.85%$915.00
155,100 at 5.86%$915.99
155,100 at 5.87%$916.98
155,100 at 5.88%$917.97
155,100 at 5.89%$918.96
155,100 at 5.9%$919.95
155,100 at 5.91%$920.95
155,100 at 5.92%$921.94
155,100 at 5.93%$922.93
155,100 at 5.94%$923.93
155,100 at 5.95%$924.92
155,100 at 5.96%$925.92
155,100 at 5.97%$926.91
155,100 at 5.98%$927.91
155,100 at 5.99%$928.91
155,100 at 6%$929.90
155,100 at 6.01%$930.90
155,100 at 6.02%$931.90
155,100 at 6.03%$932.90
155,100 at 6.04%$933.90
155,100 at 6.05%$934.89
155,100 at 6.06%$935.89
155,100 at 6.07%$936.89
155,100 at 6.08%$937.90
155,100 at 6.09%$938.90
155,100 at 6.1%$939.90
155,100 at 6.11%$940.90
155,100 at 6.12%$941.90
155,100 at 6.13%$942.91
155,100 at 6.14%$943.91
155,100 at 6.15%$944.91
155,100 at 6.16%$945.92
155,100 at 6.17%$946.92
155,100 at 6.18%$947.93
155,100 at 6.19%$948.93
155,100 at 6.2%$949.94
155,100 at 6.21%$950.95
155,100 at 6.22%$951.95
155,100 at 6.23%$952.96
155,100 at 6.24%$953.97
155,100 at 6.25%$954.98
155,100 at 6.26%$955.99
155,100 at 6.27%$957.00
155,100 at 6.28%$958.01
155,100 at 6.29%$959.02
155,100 at 6.3%$960.03
155,100 at 6.31%$961.04
155,100 at 6.32%$962.05
155,100 at 6.33%$963.06
155,100 at 6.34%$964.07
155,100 at 6.35%$965.09
155,100 at 6.36%$966.10
155,100 at 6.37%$967.12
155,100 at 6.38%$968.13
155,100 at 6.39%$969.14
155,100 at 6.4%$970.16
155,100 at 6.41%$971.18
155,100 at 6.42%$972.19
155,100 at 6.43%$973.21
155,100 at 6.44%$974.23
155,100 at 6.45%$975.24
155,100 at 6.46%$976.26
155,100 at 6.47%$977.28
155,100 at 6.48%$978.30
155,100 at 6.49%$979.32
155,100 at 6.5%$980.34
Interest Rate 30 Year
155,100 at 6.51%$981.36
155,100 at 6.52%$982.38
155,100 at 6.53%$983.40
155,100 at 6.54%$984.42
155,100 at 6.55%$985.44
155,100 at 6.56%$986.47
155,100 at 6.57%$987.49
155,100 at 6.58%$988.51
155,100 at 6.59%$989.54
155,100 at 6.6%$990.56
155,100 at 6.61%$991.58
155,100 at 6.62%$992.61
155,100 at 6.63%$993.64
155,100 at 6.64%$994.66
155,100 at 6.65%$995.69
155,100 at 6.66%$996.71
155,100 at 6.67%$997.74
155,100 at 6.68%$998.77
155,100 at 6.69%$999.80
155,100 at 6.7%$1,000.83
155,100 at 6.71%$1,001.86
155,100 at 6.72%$1,002.88
155,100 at 6.73%$1,003.91
155,100 at 6.74%$1,004.94
155,100 at 6.75%$1,005.98
155,100 at 6.76%$1,007.01
155,100 at 6.77%$1,008.04
155,100 at 6.78%$1,009.07
155,100 at 6.79%$1,010.10
155,100 at 6.8%$1,011.14
155,100 at 6.81%$1,012.17
155,100 at 6.82%$1,013.20
155,100 at 6.83%$1,014.24
155,100 at 6.84%$1,015.27
155,100 at 6.85%$1,016.31
155,100 at 6.86%$1,017.34
155,100 at 6.87%$1,018.38
155,100 at 6.88%$1,019.41
155,100 at 6.89%$1,020.45
155,100 at 6.9%$1,021.49
155,100 at 6.91%$1,022.53
155,100 at 6.92%$1,023.56
155,100 at 6.93%$1,024.60
155,100 at 6.94%$1,025.64
155,100 at 6.95%$1,026.68
155,100 at 6.96%$1,027.72
155,100 at 6.97%$1,028.76
155,100 at 6.98%$1,029.80
155,100 at 6.99%$1,030.84
155,100 at 7%$1,031.88
155,100 at 7.01%$1,032.93
155,100 at 7.02%$1,033.97
155,100 at 7.03%$1,035.01
155,100 at 7.04%$1,036.05
155,100 at 7.05%$1,037.10
155,100 at 7.06%$1,038.14
155,100 at 7.07%$1,039.19
155,100 at 7.08%$1,040.23
155,100 at 7.09%$1,041.28
155,100 at 7.1%$1,042.32
155,100 at 7.11%$1,043.37
155,100 at 7.12%$1,044.41
155,100 at 7.13%$1,045.46
155,100 at 7.14%$1,046.51
155,100 at 7.15%$1,047.56
155,100 at 7.16%$1,048.60
155,100 at 7.17%$1,049.65
155,100 at 7.18%$1,050.70
155,100 at 7.19%$1,051.75
155,100 at 7.2%$1,052.80
155,100 at 7.21%$1,053.85
155,100 at 7.22%$1,054.90
155,100 at 7.23%$1,055.95
155,100 at 7.24%$1,057.00
155,100 at 7.25%$1,058.06
155,100 at 7.26%$1,059.11
155,100 at 7.27%$1,060.16
155,100 at 7.28%$1,061.21
155,100 at 7.29%$1,062.27
155,100 at 7.3%$1,063.32
155,100 at 7.31%$1,064.37
155,100 at 7.32%$1,065.43
155,100 at 7.33%$1,066.48
155,100 at 7.34%$1,067.54
155,100 at 7.35%$1,068.60
155,100 at 7.36%$1,069.65
155,100 at 7.37%$1,070.71
155,100 at 7.38%$1,071.77
155,100 at 7.39%$1,072.82
155,100 at 7.4%$1,073.88
155,100 at 7.41%$1,074.94
155,100 at 7.42%$1,076.00
155,100 at 7.43%$1,077.06
155,100 at 7.44%$1,078.12
155,100 at 7.45%$1,079.18
155,100 at 7.46%$1,080.24
155,100 at 7.47%$1,081.30
155,100 at 7.48%$1,082.36
155,100 at 7.49%$1,083.42
155,100 at 7.5%$1,084.48
155,100 at 7.51%$1,085.54
155,100 at 7.52%$1,086.61
155,100 at 7.53%$1,087.67
155,100 at 7.54%$1,088.73
155,100 at 7.55%$1,089.80
155,100 at 7.56%$1,090.86
155,100 at 7.57%$1,091.93
155,100 at 7.58%$1,092.99
155,100 at 7.59%$1,094.06
155,100 at 7.6%$1,095.12
155,100 at 7.61%$1,096.19
155,100 at 7.62%$1,097.25
155,100 at 7.63%$1,098.32
155,100 at 7.64%$1,099.39
155,100 at 7.65%$1,100.46
155,100 at 7.66%$1,101.52
155,100 at 7.67%$1,102.59
155,100 at 7.68%$1,103.66
155,100 at 7.69%$1,104.73
155,100 at 7.7%$1,105.80
155,100 at 7.71%$1,106.87
155,100 at 7.72%$1,107.94
155,100 at 7.73%$1,109.01
155,100 at 7.74%$1,110.08
155,100 at 7.75%$1,111.16
155,100 at 7.76%$1,112.23
155,100 at 7.77%$1,113.30
155,100 at 7.78%$1,114.37
155,100 at 7.79%$1,115.45
155,100 at 7.8%$1,116.52
155,100 at 7.81%$1,117.59
155,100 at 7.82%$1,118.67
155,100 at 7.83%$1,119.74
155,100 at 7.84%$1,120.82
155,100 at 7.85%$1,121.89
155,100 at 7.86%$1,122.97
155,100 at 7.87%$1,124.04
155,100 at 7.88%$1,125.12
155,100 at 7.89%$1,126.20
155,100 at 7.9%$1,127.28
155,100 at 7.91%$1,128.35
155,100 at 7.92%$1,129.43
155,100 at 7.93%$1,130.51
155,100 at 7.94%$1,131.59
155,100 at 7.95%$1,132.67
155,100 at 7.96%$1,133.75
155,100 at 7.97%$1,134.83
155,100 at 7.98%$1,135.91
155,100 at 7.99%$1,136.99
155,100 at 8%$1,138.07
More Amounts
155,600
156,100
156,600
157,100
157,600
158,100
158,600
159,100
159,600
160,100
160,600
161,100
161,600
162,100
162,600
163,100
163,600
164,100
164,600
165,100
What is the down payment for a $155,100 house? How much do you need to put down?
Percent Down Down Payment
1%1,551
2%3,102
3%4,653
4%6,204
5%7,755
6%9,306
7%10,857
8%12,408
9%13,959
10%15,510
11%17,061
12%18,612
13%20,163
14%21,714
15%23,265
16%24,816
17%26,367
18%27,918
19%29,469
20%31,020
Percent Down Down Payment
21%32,571
22%34,122
23%35,673
24%37,224
25%38,775
26%40,326
27%41,877
28%43,428
29%44,979
30%46,530
31%48,081
32%49,632
33%51,183
34%52,734
35%54,285
36%55,836
37%57,387
38%58,938
39%60,489
40%62,040
Percent Down Down Payment
41%63,591
42%65,142
43%66,693
44%68,244
45%69,795
46%71,346
47%72,897
48%74,448
49%75,999
50%77,550
51%79,101
52%80,652
53%82,203
54%83,754
55%85,305
56%86,856
57%88,407
58%89,958
59%91,509
60%93,060
Percent Down Down Payment
61%94,611
62%96,162
63%97,713
64%99,264
65%100,815
66%102,366
67%103,917
68%105,468
69%107,019
70%108,570
71%110,121
72%111,672
73%113,223
74%114,774
75%116,325
76%117,876
77%119,427
78%120,978
79%122,529
80%124,080
Percent Down Down Payment
81%125,631
82%127,182
83%128,733
84%130,284
85%131,835
86%133,386
87%134,937
88%136,488
89%138,039
90%139,590
91%141,141
92%142,692
93%144,243
94%145,794
95%147,345
96%148,896
97%150,447
98%151,998
99%153,549
100%155,100
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.