$155,600 Mortgage for 30 Years

What is the monthly payment of a 155,600 dollar loan?
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Loan Tables for a $155,600 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 156k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $155,600 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
155,600 at 2.01%$575.91
155,600 at 2.02%$576.69
155,600 at 2.03%$577.47
155,600 at 2.04%$578.25
155,600 at 2.05%$579.03
155,600 at 2.06%$579.81
155,600 at 2.07%$580.59
155,600 at 2.08%$581.37
155,600 at 2.09%$582.16
155,600 at 2.1%$582.94
155,600 at 2.11%$583.72
155,600 at 2.12%$584.51
155,600 at 2.13%$585.30
155,600 at 2.14%$586.08
155,600 at 2.15%$586.87
155,600 at 2.16%$587.66
155,600 at 2.17%$588.45
155,600 at 2.18%$589.23
155,600 at 2.19%$590.02
155,600 at 2.2%$590.81
155,600 at 2.21%$591.61
155,600 at 2.22%$592.40
155,600 at 2.23%$593.19
155,600 at 2.24%$593.98
155,600 at 2.25%$594.77
155,600 at 2.26%$595.57
155,600 at 2.27%$596.36
155,600 at 2.28%$597.16
155,600 at 2.29%$597.95
155,600 at 2.3%$598.75
155,600 at 2.31%$599.55
155,600 at 2.32%$600.35
155,600 at 2.33%$601.14
155,600 at 2.34%$601.94
155,600 at 2.35%$602.74
155,600 at 2.36%$603.54
155,600 at 2.37%$604.34
155,600 at 2.38%$605.14
155,600 at 2.39%$605.95
155,600 at 2.4%$606.75
155,600 at 2.41%$607.55
155,600 at 2.42%$608.36
155,600 at 2.43%$609.16
155,600 at 2.44%$609.97
155,600 at 2.45%$610.77
155,600 at 2.46%$611.58
155,600 at 2.47%$612.38
155,600 at 2.48%$613.19
155,600 at 2.49%$614.00
155,600 at 2.5%$614.81
155,600 at 2.51%$615.62
155,600 at 2.52%$616.43
155,600 at 2.53%$617.24
155,600 at 2.54%$618.05
155,600 at 2.55%$618.86
155,600 at 2.56%$619.67
155,600 at 2.57%$620.49
155,600 at 2.58%$621.30
155,600 at 2.59%$622.11
155,600 at 2.6%$622.93
155,600 at 2.61%$623.74
155,600 at 2.62%$624.56
155,600 at 2.63%$625.38
155,600 at 2.64%$626.19
155,600 at 2.65%$627.01
155,600 at 2.66%$627.83
155,600 at 2.67%$628.65
155,600 at 2.68%$629.47
155,600 at 2.69%$630.29
155,600 at 2.7%$631.11
155,600 at 2.71%$631.93
155,600 at 2.72%$632.75
155,600 at 2.73%$633.58
155,600 at 2.74%$634.40
155,600 at 2.75%$635.22
155,600 at 2.76%$636.05
155,600 at 2.77%$636.87
155,600 at 2.78%$637.70
155,600 at 2.79%$638.52
155,600 at 2.8%$639.35
155,600 at 2.81%$640.18
155,600 at 2.82%$641.01
155,600 at 2.83%$641.84
155,600 at 2.84%$642.67
155,600 at 2.85%$643.50
155,600 at 2.86%$644.33
155,600 at 2.87%$645.16
155,600 at 2.88%$645.99
155,600 at 2.89%$646.82
155,600 at 2.9%$647.65
155,600 at 2.91%$648.49
155,600 at 2.92%$649.32
155,600 at 2.93%$650.16
155,600 at 2.94%$650.99
155,600 at 2.95%$651.83
155,600 at 2.96%$652.66
155,600 at 2.97%$653.50
155,600 at 2.98%$654.34
155,600 at 2.99%$655.18
155,600 at 3%$656.02
155,600 at 3.01%$656.86
155,600 at 3.02%$657.70
155,600 at 3.03%$658.54
155,600 at 3.04%$659.38
155,600 at 3.05%$660.22
155,600 at 3.06%$661.06
155,600 at 3.07%$661.90
155,600 at 3.08%$662.75
155,600 at 3.09%$663.59
155,600 at 3.1%$664.44
155,600 at 3.11%$665.28
155,600 at 3.12%$666.13
155,600 at 3.13%$666.98
155,600 at 3.14%$667.82
155,600 at 3.15%$668.67
155,600 at 3.16%$669.52
155,600 at 3.17%$670.37
155,600 at 3.18%$671.22
155,600 at 3.19%$672.07
155,600 at 3.2%$672.92
155,600 at 3.21%$673.77
155,600 at 3.22%$674.62
155,600 at 3.23%$675.47
155,600 at 3.24%$676.33
155,600 at 3.25%$677.18
155,600 at 3.26%$678.04
155,600 at 3.27%$678.89
155,600 at 3.28%$679.75
155,600 at 3.29%$680.60
155,600 at 3.3%$681.46
155,600 at 3.31%$682.32
155,600 at 3.32%$683.17
155,600 at 3.33%$684.03
155,600 at 3.34%$684.89
155,600 at 3.35%$685.75
155,600 at 3.36%$686.61
155,600 at 3.37%$687.47
155,600 at 3.38%$688.33
155,600 at 3.39%$689.19
155,600 at 3.4%$690.06
155,600 at 3.41%$690.92
155,600 at 3.42%$691.78
155,600 at 3.43%$692.65
155,600 at 3.44%$693.51
155,600 at 3.45%$694.38
155,600 at 3.46%$695.24
155,600 at 3.47%$696.11
155,600 at 3.48%$696.98
155,600 at 3.49%$697.85
155,600 at 3.5%$698.71
Interest Rate 30 Year
155,600 at 3.51%$699.58
155,600 at 3.52%$700.45
155,600 at 3.53%$701.32
155,600 at 3.54%$702.19
155,600 at 3.55%$703.06
155,600 at 3.56%$703.94
155,600 at 3.57%$704.81
155,600 at 3.58%$705.68
155,600 at 3.59%$706.55
155,600 at 3.6%$707.43
155,600 at 3.61%$708.30
155,600 at 3.62%$709.18
155,600 at 3.63%$710.05
155,600 at 3.64%$710.93
155,600 at 3.65%$711.81
155,600 at 3.66%$712.68
155,600 at 3.67%$713.56
155,600 at 3.68%$714.44
155,600 at 3.69%$715.32
155,600 at 3.7%$716.20
155,600 at 3.71%$717.08
155,600 at 3.72%$717.96
155,600 at 3.73%$718.84
155,600 at 3.74%$719.73
155,600 at 3.75%$720.61
155,600 at 3.76%$721.49
155,600 at 3.77%$722.37
155,600 at 3.78%$723.26
155,600 at 3.79%$724.14
155,600 at 3.8%$725.03
155,600 at 3.81%$725.92
155,600 at 3.82%$726.80
155,600 at 3.83%$727.69
155,600 at 3.84%$728.58
155,600 at 3.85%$729.47
155,600 at 3.86%$730.35
155,600 at 3.87%$731.24
155,600 at 3.88%$732.13
155,600 at 3.89%$733.02
155,600 at 3.9%$733.92
155,600 at 3.91%$734.81
155,600 at 3.92%$735.70
155,600 at 3.93%$736.59
155,600 at 3.94%$737.49
155,600 at 3.95%$738.38
155,600 at 3.96%$739.27
155,600 at 3.97%$740.17
155,600 at 3.98%$741.07
155,600 at 3.99%$741.96
155,600 at 4%$742.86
155,600 at 4.01%$743.76
155,600 at 4.02%$744.65
155,600 at 4.03%$745.55
155,600 at 4.04%$746.45
155,600 at 4.05%$747.35
155,600 at 4.06%$748.25
155,600 at 4.07%$749.15
155,600 at 4.08%$750.05
155,600 at 4.09%$750.95
155,600 at 4.1%$751.86
155,600 at 4.11%$752.76
155,600 at 4.12%$753.66
155,600 at 4.13%$754.57
155,600 at 4.14%$755.47
155,600 at 4.15%$756.38
155,600 at 4.16%$757.28
155,600 at 4.17%$758.19
155,600 at 4.18%$759.10
155,600 at 4.19%$760.00
155,600 at 4.2%$760.91
155,600 at 4.21%$761.82
155,600 at 4.22%$762.73
155,600 at 4.23%$763.64
155,600 at 4.24%$764.55
155,600 at 4.25%$765.46
155,600 at 4.26%$766.37
155,600 at 4.27%$767.28
155,600 at 4.28%$768.19
155,600 at 4.29%$769.11
155,600 at 4.3%$770.02
155,600 at 4.31%$770.93
155,600 at 4.32%$771.85
155,600 at 4.33%$772.76
155,600 at 4.34%$773.68
155,600 at 4.35%$774.60
155,600 at 4.36%$775.51
155,600 at 4.37%$776.43
155,600 at 4.38%$777.35
155,600 at 4.39%$778.27
155,600 at 4.4%$779.18
155,600 at 4.41%$780.10
155,600 at 4.42%$781.02
155,600 at 4.43%$781.94
155,600 at 4.44%$782.86
155,600 at 4.45%$783.79
155,600 at 4.46%$784.71
155,600 at 4.47%$785.63
155,600 at 4.48%$786.55
155,600 at 4.49%$787.48
155,600 at 4.5%$788.40
155,600 at 4.51%$789.33
155,600 at 4.52%$790.25
155,600 at 4.53%$791.18
155,600 at 4.54%$792.10
155,600 at 4.55%$793.03
155,600 at 4.56%$793.96
155,600 at 4.57%$794.89
155,600 at 4.58%$795.82
155,600 at 4.59%$796.74
155,600 at 4.6%$797.67
155,600 at 4.61%$798.60
155,600 at 4.62%$799.54
155,600 at 4.63%$800.47
155,600 at 4.64%$801.40
155,600 at 4.65%$802.33
155,600 at 4.66%$803.26
155,600 at 4.67%$804.20
155,600 at 4.68%$805.13
155,600 at 4.69%$806.07
155,600 at 4.7%$807.00
155,600 at 4.71%$807.94
155,600 at 4.72%$808.87
155,600 at 4.73%$809.81
155,600 at 4.74%$810.75
155,600 at 4.75%$811.68
155,600 at 4.76%$812.62
155,600 at 4.77%$813.56
155,600 at 4.78%$814.50
155,600 at 4.79%$815.44
155,600 at 4.8%$816.38
155,600 at 4.81%$817.32
155,600 at 4.82%$818.26
155,600 at 4.83%$819.20
155,600 at 4.84%$820.15
155,600 at 4.85%$821.09
155,600 at 4.86%$822.03
155,600 at 4.87%$822.98
155,600 at 4.88%$823.92
155,600 at 4.89%$824.87
155,600 at 4.9%$825.81
155,600 at 4.91%$826.76
155,600 at 4.92%$827.70
155,600 at 4.93%$828.65
155,600 at 4.94%$829.60
155,600 at 4.95%$830.55
155,600 at 4.96%$831.49
155,600 at 4.97%$832.44
155,600 at 4.98%$833.39
155,600 at 4.99%$834.34
155,600 at 5%$835.29
Interest Rate 30 Year
155,600 at 5.01%$836.25
155,600 at 5.02%$837.20
155,600 at 5.03%$838.15
155,600 at 5.04%$839.10
155,600 at 5.05%$840.06
155,600 at 5.06%$841.01
155,600 at 5.07%$841.96
155,600 at 5.08%$842.92
155,600 at 5.09%$843.87
155,600 at 5.1%$844.83
155,600 at 5.11%$845.79
155,600 at 5.12%$846.74
155,600 at 5.13%$847.70
155,600 at 5.14%$848.66
155,600 at 5.15%$849.62
155,600 at 5.16%$850.58
155,600 at 5.17%$851.54
155,600 at 5.18%$852.50
155,600 at 5.19%$853.46
155,600 at 5.2%$854.42
155,600 at 5.21%$855.38
155,600 at 5.22%$856.34
155,600 at 5.23%$857.30
155,600 at 5.24%$858.27
155,600 at 5.25%$859.23
155,600 at 5.26%$860.19
155,600 at 5.27%$861.16
155,600 at 5.28%$862.12
155,600 at 5.29%$863.09
155,600 at 5.3%$864.05
155,600 at 5.31%$865.02
155,600 at 5.32%$865.99
155,600 at 5.33%$866.96
155,600 at 5.34%$867.92
155,600 at 5.35%$868.89
155,600 at 5.36%$869.86
155,600 at 5.37%$870.83
155,600 at 5.38%$871.80
155,600 at 5.39%$872.77
155,600 at 5.4%$873.74
155,600 at 5.41%$874.71
155,600 at 5.42%$875.69
155,600 at 5.43%$876.66
155,600 at 5.44%$877.63
155,600 at 5.45%$878.60
155,600 at 5.46%$879.58
155,600 at 5.47%$880.55
155,600 at 5.48%$881.53
155,600 at 5.49%$882.50
155,600 at 5.5%$883.48
155,600 at 5.51%$884.46
155,600 at 5.52%$885.43
155,600 at 5.53%$886.41
155,600 at 5.54%$887.39
155,600 at 5.55%$888.37
155,600 at 5.56%$889.35
155,600 at 5.57%$890.33
155,600 at 5.58%$891.31
155,600 at 5.59%$892.29
155,600 at 5.6%$893.27
155,600 at 5.61%$894.25
155,600 at 5.62%$895.23
155,600 at 5.63%$896.21
155,600 at 5.64%$897.20
155,600 at 5.65%$898.18
155,600 at 5.66%$899.16
155,600 at 5.67%$900.15
155,600 at 5.68%$901.13
155,600 at 5.69%$902.12
155,600 at 5.7%$903.10
155,600 at 5.71%$904.09
155,600 at 5.72%$905.08
155,600 at 5.73%$906.06
155,600 at 5.74%$907.05
155,600 at 5.75%$908.04
155,600 at 5.76%$909.03
155,600 at 5.77%$910.02
155,600 at 5.78%$911.01
155,600 at 5.79%$912.00
155,600 at 5.8%$912.99
155,600 at 5.81%$913.98
155,600 at 5.82%$914.97
155,600 at 5.83%$915.96
155,600 at 5.84%$916.96
155,600 at 5.85%$917.95
155,600 at 5.86%$918.94
155,600 at 5.87%$919.94
155,600 at 5.88%$920.93
155,600 at 5.89%$921.92
155,600 at 5.9%$922.92
155,600 at 5.91%$923.92
155,600 at 5.92%$924.91
155,600 at 5.93%$925.91
155,600 at 5.94%$926.91
155,600 at 5.95%$927.90
155,600 at 5.96%$928.90
155,600 at 5.97%$929.90
155,600 at 5.98%$930.90
155,600 at 5.99%$931.90
155,600 at 6%$932.90
155,600 at 6.01%$933.90
155,600 at 6.02%$934.90
155,600 at 6.03%$935.90
155,600 at 6.04%$936.91
155,600 at 6.05%$937.91
155,600 at 6.06%$938.91
155,600 at 6.07%$939.91
155,600 at 6.08%$940.92
155,600 at 6.09%$941.92
155,600 at 6.1%$942.93
155,600 at 6.11%$943.93
155,600 at 6.12%$944.94
155,600 at 6.13%$945.95
155,600 at 6.14%$946.95
155,600 at 6.15%$947.96
155,600 at 6.16%$948.97
155,600 at 6.17%$949.97
155,600 at 6.18%$950.98
155,600 at 6.19%$951.99
155,600 at 6.2%$953.00
155,600 at 6.21%$954.01
155,600 at 6.22%$955.02
155,600 at 6.23%$956.03
155,600 at 6.24%$957.04
155,600 at 6.25%$958.06
155,600 at 6.26%$959.07
155,600 at 6.27%$960.08
155,600 at 6.28%$961.09
155,600 at 6.29%$962.11
155,600 at 6.3%$963.12
155,600 at 6.31%$964.14
155,600 at 6.32%$965.15
155,600 at 6.33%$966.17
155,600 at 6.34%$967.18
155,600 at 6.35%$968.20
155,600 at 6.36%$969.22
155,600 at 6.37%$970.23
155,600 at 6.38%$971.25
155,600 at 6.39%$972.27
155,600 at 6.4%$973.29
155,600 at 6.41%$974.31
155,600 at 6.42%$975.33
155,600 at 6.43%$976.35
155,600 at 6.44%$977.37
155,600 at 6.45%$978.39
155,600 at 6.46%$979.41
155,600 at 6.47%$980.43
155,600 at 6.48%$981.45
155,600 at 6.49%$982.47
155,600 at 6.5%$983.50
Interest Rate 30 Year
155,600 at 6.51%$984.52
155,600 at 6.52%$985.55
155,600 at 6.53%$986.57
155,600 at 6.54%$987.59
155,600 at 6.55%$988.62
155,600 at 6.56%$989.65
155,600 at 6.57%$990.67
155,600 at 6.58%$991.70
155,600 at 6.59%$992.73
155,600 at 6.6%$993.75
155,600 at 6.61%$994.78
155,600 at 6.62%$995.81
155,600 at 6.63%$996.84
155,600 at 6.64%$997.87
155,600 at 6.65%$998.90
155,600 at 6.66%$999.93
155,600 at 6.67%$1,000.96
155,600 at 6.68%$1,001.99
155,600 at 6.69%$1,003.02
155,600 at 6.7%$1,004.05
155,600 at 6.71%$1,005.08
155,600 at 6.72%$1,006.12
155,600 at 6.73%$1,007.15
155,600 at 6.74%$1,008.18
155,600 at 6.75%$1,009.22
155,600 at 6.76%$1,010.25
155,600 at 6.77%$1,011.29
155,600 at 6.78%$1,012.32
155,600 at 6.79%$1,013.36
155,600 at 6.8%$1,014.40
155,600 at 6.81%$1,015.43
155,600 at 6.82%$1,016.47
155,600 at 6.83%$1,017.51
155,600 at 6.84%$1,018.54
155,600 at 6.85%$1,019.58
155,600 at 6.86%$1,020.62
155,600 at 6.87%$1,021.66
155,600 at 6.88%$1,022.70
155,600 at 6.89%$1,023.74
155,600 at 6.9%$1,024.78
155,600 at 6.91%$1,025.82
155,600 at 6.92%$1,026.86
155,600 at 6.93%$1,027.91
155,600 at 6.94%$1,028.95
155,600 at 6.95%$1,029.99
155,600 at 6.96%$1,031.03
155,600 at 6.97%$1,032.08
155,600 at 6.98%$1,033.12
155,600 at 6.99%$1,034.17
155,600 at 7%$1,035.21
155,600 at 7.01%$1,036.26
155,600 at 7.02%$1,037.30
155,600 at 7.03%$1,038.35
155,600 at 7.04%$1,039.39
155,600 at 7.05%$1,040.44
155,600 at 7.06%$1,041.49
155,600 at 7.07%$1,042.54
155,600 at 7.08%$1,043.58
155,600 at 7.09%$1,044.63
155,600 at 7.1%$1,045.68
155,600 at 7.11%$1,046.73
155,600 at 7.12%$1,047.78
155,600 at 7.13%$1,048.83
155,600 at 7.14%$1,049.88
155,600 at 7.15%$1,050.93
155,600 at 7.16%$1,051.98
155,600 at 7.17%$1,053.04
155,600 at 7.18%$1,054.09
155,600 at 7.19%$1,055.14
155,600 at 7.2%$1,056.19
155,600 at 7.21%$1,057.25
155,600 at 7.22%$1,058.30
155,600 at 7.23%$1,059.36
155,600 at 7.24%$1,060.41
155,600 at 7.25%$1,061.47
155,600 at 7.26%$1,062.52
155,600 at 7.27%$1,063.58
155,600 at 7.28%$1,064.63
155,600 at 7.29%$1,065.69
155,600 at 7.3%$1,066.75
155,600 at 7.31%$1,067.81
155,600 at 7.32%$1,068.86
155,600 at 7.33%$1,069.92
155,600 at 7.34%$1,070.98
155,600 at 7.35%$1,072.04
155,600 at 7.36%$1,073.10
155,600 at 7.37%$1,074.16
155,600 at 7.38%$1,075.22
155,600 at 7.39%$1,076.28
155,600 at 7.4%$1,077.34
155,600 at 7.41%$1,078.40
155,600 at 7.42%$1,079.47
155,600 at 7.43%$1,080.53
155,600 at 7.44%$1,081.59
155,600 at 7.45%$1,082.66
155,600 at 7.46%$1,083.72
155,600 at 7.47%$1,084.78
155,600 at 7.48%$1,085.85
155,600 at 7.49%$1,086.91
155,600 at 7.5%$1,087.98
155,600 at 7.51%$1,089.04
155,600 at 7.52%$1,090.11
155,600 at 7.53%$1,091.18
155,600 at 7.54%$1,092.24
155,600 at 7.55%$1,093.31
155,600 at 7.56%$1,094.38
155,600 at 7.57%$1,095.45
155,600 at 7.58%$1,096.51
155,600 at 7.59%$1,097.58
155,600 at 7.6%$1,098.65
155,600 at 7.61%$1,099.72
155,600 at 7.62%$1,100.79
155,600 at 7.63%$1,101.86
155,600 at 7.64%$1,102.93
155,600 at 7.65%$1,104.00
155,600 at 7.66%$1,105.08
155,600 at 7.67%$1,106.15
155,600 at 7.68%$1,107.22
155,600 at 7.69%$1,108.29
155,600 at 7.7%$1,109.37
155,600 at 7.71%$1,110.44
155,600 at 7.72%$1,111.51
155,600 at 7.73%$1,112.59
155,600 at 7.74%$1,113.66
155,600 at 7.75%$1,114.74
155,600 at 7.76%$1,115.81
155,600 at 7.77%$1,116.89
155,600 at 7.78%$1,117.96
155,600 at 7.79%$1,119.04
155,600 at 7.8%$1,120.12
155,600 at 7.81%$1,121.20
155,600 at 7.82%$1,122.27
155,600 at 7.83%$1,123.35
155,600 at 7.84%$1,124.43
155,600 at 7.85%$1,125.51
155,600 at 7.86%$1,126.59
155,600 at 7.87%$1,127.67
155,600 at 7.88%$1,128.75
155,600 at 7.89%$1,129.83
155,600 at 7.9%$1,130.91
155,600 at 7.91%$1,131.99
155,600 at 7.92%$1,133.07
155,600 at 7.93%$1,134.15
155,600 at 7.94%$1,135.24
155,600 at 7.95%$1,136.32
155,600 at 7.96%$1,137.40
155,600 at 7.97%$1,138.49
155,600 at 7.98%$1,139.57
155,600 at 7.99%$1,140.65
155,600 at 8%$1,141.74
More Amounts
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
165,600
What is the down payment for a $155,600 house? How much do you need to put down?
Percent Down Down Payment
1%1,556
2%3,112
3%4,668
4%6,224
5%7,780
6%9,336
7%10,892
8%12,448
9%14,004
10%15,560
11%17,116
12%18,672
13%20,228
14%21,784
15%23,340
16%24,896
17%26,452
18%28,008
19%29,564
20%31,120
Percent Down Down Payment
21%32,676
22%34,232
23%35,788
24%37,344
25%38,900
26%40,456
27%42,012
28%43,568
29%45,124
30%46,680
31%48,236
32%49,792
33%51,348
34%52,904
35%54,460
36%56,016
37%57,572
38%59,128
39%60,684
40%62,240
Percent Down Down Payment
41%63,796
42%65,352
43%66,908
44%68,464
45%70,020
46%71,576
47%73,132
48%74,688
49%76,244
50%77,800
51%79,356
52%80,912
53%82,468
54%84,024
55%85,580
56%87,136
57%88,692
58%90,248
59%91,804
60%93,360
Percent Down Down Payment
61%94,916
62%96,472
63%98,028
64%99,584
65%101,140
66%102,696
67%104,252
68%105,808
69%107,364
70%108,920
71%110,476
72%112,032
73%113,588
74%115,144
75%116,700
76%118,256
77%119,812
78%121,368
79%122,924
80%124,480
Percent Down Down Payment
81%126,036
82%127,592
83%129,148
84%130,704
85%132,260
86%133,816
87%135,372
88%136,928
89%138,484
90%140,040
91%141,596
92%143,152
93%144,708
94%146,264
95%147,820
96%149,376
97%150,932
98%152,488
99%154,044
100%155,600
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.