$160,050 Mortgage for 30 Years

What is the monthly payment of a 160,050 dollar loan?
$
$
%
%
years
Loan Tables for a $160,050 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 160k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $160,050 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
160,050 at 2.01%$592.38
160,050 at 2.02%$593.18
160,050 at 2.03%$593.98
160,050 at 2.04%$594.78
160,050 at 2.05%$595.59
160,050 at 2.06%$596.39
160,050 at 2.07%$597.19
160,050 at 2.08%$598.00
160,050 at 2.09%$598.81
160,050 at 2.1%$599.61
160,050 at 2.11%$600.42
160,050 at 2.12%$601.23
160,050 at 2.13%$602.03
160,050 at 2.14%$602.84
160,050 at 2.15%$603.65
160,050 at 2.16%$604.46
160,050 at 2.17%$605.27
160,050 at 2.18%$606.09
160,050 at 2.19%$606.90
160,050 at 2.2%$607.71
160,050 at 2.21%$608.52
160,050 at 2.22%$609.34
160,050 at 2.23%$610.15
160,050 at 2.24%$610.97
160,050 at 2.25%$611.78
160,050 at 2.26%$612.60
160,050 at 2.27%$613.42
160,050 at 2.28%$614.24
160,050 at 2.29%$615.06
160,050 at 2.3%$615.87
160,050 at 2.31%$616.69
160,050 at 2.32%$617.51
160,050 at 2.33%$618.34
160,050 at 2.34%$619.16
160,050 at 2.35%$619.98
160,050 at 2.36%$620.80
160,050 at 2.37%$621.63
160,050 at 2.38%$622.45
160,050 at 2.39%$623.28
160,050 at 2.4%$624.10
160,050 at 2.41%$624.93
160,050 at 2.42%$625.75
160,050 at 2.43%$626.58
160,050 at 2.44%$627.41
160,050 at 2.45%$628.24
160,050 at 2.46%$629.07
160,050 at 2.47%$629.90
160,050 at 2.48%$630.73
160,050 at 2.49%$631.56
160,050 at 2.5%$632.39
160,050 at 2.51%$633.22
160,050 at 2.52%$634.06
160,050 at 2.53%$634.89
160,050 at 2.54%$635.72
160,050 at 2.55%$636.56
160,050 at 2.56%$637.40
160,050 at 2.57%$638.23
160,050 at 2.58%$639.07
160,050 at 2.59%$639.91
160,050 at 2.6%$640.74
160,050 at 2.61%$641.58
160,050 at 2.62%$642.42
160,050 at 2.63%$643.26
160,050 at 2.64%$644.10
160,050 at 2.65%$644.94
160,050 at 2.66%$645.79
160,050 at 2.67%$646.63
160,050 at 2.68%$647.47
160,050 at 2.69%$648.31
160,050 at 2.7%$649.16
160,050 at 2.71%$650.00
160,050 at 2.72%$650.85
160,050 at 2.73%$651.70
160,050 at 2.74%$652.54
160,050 at 2.75%$653.39
160,050 at 2.76%$654.24
160,050 at 2.77%$655.09
160,050 at 2.78%$655.94
160,050 at 2.79%$656.79
160,050 at 2.8%$657.64
160,050 at 2.81%$658.49
160,050 at 2.82%$659.34
160,050 at 2.83%$660.19
160,050 at 2.84%$661.04
160,050 at 2.85%$661.90
160,050 at 2.86%$662.75
160,050 at 2.87%$663.61
160,050 at 2.88%$664.46
160,050 at 2.89%$665.32
160,050 at 2.9%$666.18
160,050 at 2.91%$667.03
160,050 at 2.92%$667.89
160,050 at 2.93%$668.75
160,050 at 2.94%$669.61
160,050 at 2.95%$670.47
160,050 at 2.96%$671.33
160,050 at 2.97%$672.19
160,050 at 2.98%$673.05
160,050 at 2.99%$673.91
160,050 at 3%$674.78
160,050 at 3.01%$675.64
160,050 at 3.02%$676.50
160,050 at 3.03%$677.37
160,050 at 3.04%$678.23
160,050 at 3.05%$679.10
160,050 at 3.06%$679.97
160,050 at 3.07%$680.83
160,050 at 3.08%$681.70
160,050 at 3.09%$682.57
160,050 at 3.1%$683.44
160,050 at 3.11%$684.31
160,050 at 3.12%$685.18
160,050 at 3.13%$686.05
160,050 at 3.14%$686.92
160,050 at 3.15%$687.79
160,050 at 3.16%$688.67
160,050 at 3.17%$689.54
160,050 at 3.18%$690.41
160,050 at 3.19%$691.29
160,050 at 3.2%$692.16
160,050 at 3.21%$693.04
160,050 at 3.22%$693.92
160,050 at 3.23%$694.79
160,050 at 3.24%$695.67
160,050 at 3.25%$696.55
160,050 at 3.26%$697.43
160,050 at 3.27%$698.31
160,050 at 3.28%$699.19
160,050 at 3.29%$700.07
160,050 at 3.3%$700.95
160,050 at 3.31%$701.83
160,050 at 3.32%$702.71
160,050 at 3.33%$703.59
160,050 at 3.34%$704.48
160,050 at 3.35%$705.36
160,050 at 3.36%$706.25
160,050 at 3.37%$707.13
160,050 at 3.38%$708.02
160,050 at 3.39%$708.90
160,050 at 3.4%$709.79
160,050 at 3.41%$710.68
160,050 at 3.42%$711.57
160,050 at 3.43%$712.46
160,050 at 3.44%$713.35
160,050 at 3.45%$714.24
160,050 at 3.46%$715.13
160,050 at 3.47%$716.02
160,050 at 3.48%$716.91
160,050 at 3.49%$717.80
160,050 at 3.5%$718.70
Interest Rate 30 Year
160,050 at 3.51%$719.59
160,050 at 3.52%$720.48
160,050 at 3.53%$721.38
160,050 at 3.54%$722.27
160,050 at 3.55%$723.17
160,050 at 3.56%$724.07
160,050 at 3.57%$724.96
160,050 at 3.58%$725.86
160,050 at 3.59%$726.76
160,050 at 3.6%$727.66
160,050 at 3.61%$728.56
160,050 at 3.62%$729.46
160,050 at 3.63%$730.36
160,050 at 3.64%$731.26
160,050 at 3.65%$732.16
160,050 at 3.66%$733.07
160,050 at 3.67%$733.97
160,050 at 3.68%$734.87
160,050 at 3.69%$735.78
160,050 at 3.7%$736.68
160,050 at 3.71%$737.59
160,050 at 3.72%$738.49
160,050 at 3.73%$739.40
160,050 at 3.74%$740.31
160,050 at 3.75%$741.22
160,050 at 3.76%$742.12
160,050 at 3.77%$743.03
160,050 at 3.78%$743.94
160,050 at 3.79%$744.85
160,050 at 3.8%$745.76
160,050 at 3.81%$746.68
160,050 at 3.82%$747.59
160,050 at 3.83%$748.50
160,050 at 3.84%$749.41
160,050 at 3.85%$750.33
160,050 at 3.86%$751.24
160,050 at 3.87%$752.16
160,050 at 3.88%$753.07
160,050 at 3.89%$753.99
160,050 at 3.9%$754.90
160,050 at 3.91%$755.82
160,050 at 3.92%$756.74
160,050 at 3.93%$757.66
160,050 at 3.94%$758.58
160,050 at 3.95%$759.50
160,050 at 3.96%$760.42
160,050 at 3.97%$761.34
160,050 at 3.98%$762.26
160,050 at 3.99%$763.18
160,050 at 4%$764.10
160,050 at 4.01%$765.03
160,050 at 4.02%$765.95
160,050 at 4.03%$766.87
160,050 at 4.04%$767.80
160,050 at 4.05%$768.72
160,050 at 4.06%$769.65
160,050 at 4.07%$770.58
160,050 at 4.08%$771.50
160,050 at 4.09%$772.43
160,050 at 4.1%$773.36
160,050 at 4.11%$774.29
160,050 at 4.12%$775.22
160,050 at 4.13%$776.15
160,050 at 4.14%$777.08
160,050 at 4.15%$778.01
160,050 at 4.16%$778.94
160,050 at 4.17%$779.87
160,050 at 4.18%$780.80
160,050 at 4.19%$781.74
160,050 at 4.2%$782.67
160,050 at 4.21%$783.61
160,050 at 4.22%$784.54
160,050 at 4.23%$785.48
160,050 at 4.24%$786.41
160,050 at 4.25%$787.35
160,050 at 4.26%$788.29
160,050 at 4.27%$789.22
160,050 at 4.28%$790.16
160,050 at 4.29%$791.10
160,050 at 4.3%$792.04
160,050 at 4.31%$792.98
160,050 at 4.32%$793.92
160,050 at 4.33%$794.86
160,050 at 4.34%$795.81
160,050 at 4.35%$796.75
160,050 at 4.36%$797.69
160,050 at 4.37%$798.63
160,050 at 4.38%$799.58
160,050 at 4.39%$800.52
160,050 at 4.4%$801.47
160,050 at 4.41%$802.41
160,050 at 4.42%$803.36
160,050 at 4.43%$804.31
160,050 at 4.44%$805.25
160,050 at 4.45%$806.20
160,050 at 4.46%$807.15
160,050 at 4.47%$808.10
160,050 at 4.48%$809.05
160,050 at 4.49%$810.00
160,050 at 4.5%$810.95
160,050 at 4.51%$811.90
160,050 at 4.52%$812.85
160,050 at 4.53%$813.81
160,050 at 4.54%$814.76
160,050 at 4.55%$815.71
160,050 at 4.56%$816.67
160,050 at 4.57%$817.62
160,050 at 4.58%$818.58
160,050 at 4.59%$819.53
160,050 at 4.6%$820.49
160,050 at 4.61%$821.44
160,050 at 4.62%$822.40
160,050 at 4.63%$823.36
160,050 at 4.64%$824.32
160,050 at 4.65%$825.28
160,050 at 4.66%$826.24
160,050 at 4.67%$827.20
160,050 at 4.68%$828.16
160,050 at 4.69%$829.12
160,050 at 4.7%$830.08
160,050 at 4.71%$831.04
160,050 at 4.72%$832.00
160,050 at 4.73%$832.97
160,050 at 4.74%$833.93
160,050 at 4.75%$834.90
160,050 at 4.76%$835.86
160,050 at 4.77%$836.83
160,050 at 4.78%$837.79
160,050 at 4.79%$838.76
160,050 at 4.8%$839.73
160,050 at 4.81%$840.69
160,050 at 4.82%$841.66
160,050 at 4.83%$842.63
160,050 at 4.84%$843.60
160,050 at 4.85%$844.57
160,050 at 4.86%$845.54
160,050 at 4.87%$846.51
160,050 at 4.88%$847.48
160,050 at 4.89%$848.46
160,050 at 4.9%$849.43
160,050 at 4.91%$850.40
160,050 at 4.92%$851.37
160,050 at 4.93%$852.35
160,050 at 4.94%$853.32
160,050 at 4.95%$854.30
160,050 at 4.96%$855.27
160,050 at 4.97%$856.25
160,050 at 4.98%$857.23
160,050 at 4.99%$858.21
160,050 at 5%$859.18
Interest Rate 30 Year
160,050 at 5.01%$860.16
160,050 at 5.02%$861.14
160,050 at 5.03%$862.12
160,050 at 5.04%$863.10
160,050 at 5.05%$864.08
160,050 at 5.06%$865.06
160,050 at 5.07%$866.04
160,050 at 5.08%$867.03
160,050 at 5.09%$868.01
160,050 at 5.1%$868.99
160,050 at 5.11%$869.97
160,050 at 5.12%$870.96
160,050 at 5.13%$871.94
160,050 at 5.14%$872.93
160,050 at 5.15%$873.91
160,050 at 5.16%$874.90
160,050 at 5.17%$875.89
160,050 at 5.18%$876.88
160,050 at 5.19%$877.86
160,050 at 5.2%$878.85
160,050 at 5.21%$879.84
160,050 at 5.22%$880.83
160,050 at 5.23%$881.82
160,050 at 5.24%$882.81
160,050 at 5.25%$883.80
160,050 at 5.26%$884.79
160,050 at 5.27%$885.79
160,050 at 5.28%$886.78
160,050 at 5.29%$887.77
160,050 at 5.3%$888.77
160,050 at 5.31%$889.76
160,050 at 5.32%$890.75
160,050 at 5.33%$891.75
160,050 at 5.34%$892.74
160,050 at 5.35%$893.74
160,050 at 5.36%$894.74
160,050 at 5.37%$895.74
160,050 at 5.38%$896.73
160,050 at 5.39%$897.73
160,050 at 5.4%$898.73
160,050 at 5.41%$899.73
160,050 at 5.42%$900.73
160,050 at 5.43%$901.73
160,050 at 5.44%$902.73
160,050 at 5.45%$903.73
160,050 at 5.46%$904.73
160,050 at 5.47%$905.74
160,050 at 5.48%$906.74
160,050 at 5.49%$907.74
160,050 at 5.5%$908.75
160,050 at 5.51%$909.75
160,050 at 5.52%$910.76
160,050 at 5.53%$911.76
160,050 at 5.54%$912.77
160,050 at 5.55%$913.77
160,050 at 5.56%$914.78
160,050 at 5.57%$915.79
160,050 at 5.58%$916.80
160,050 at 5.59%$917.80
160,050 at 5.6%$918.81
160,050 at 5.61%$919.82
160,050 at 5.62%$920.83
160,050 at 5.63%$921.84
160,050 at 5.64%$922.85
160,050 at 5.65%$923.87
160,050 at 5.66%$924.88
160,050 at 5.67%$925.89
160,050 at 5.68%$926.90
160,050 at 5.69%$927.92
160,050 at 5.7%$928.93
160,050 at 5.71%$929.95
160,050 at 5.72%$930.96
160,050 at 5.73%$931.98
160,050 at 5.74%$932.99
160,050 at 5.75%$934.01
160,050 at 5.76%$935.03
160,050 at 5.77%$936.04
160,050 at 5.78%$937.06
160,050 at 5.79%$938.08
160,050 at 5.8%$939.10
160,050 at 5.81%$940.12
160,050 at 5.82%$941.14
160,050 at 5.83%$942.16
160,050 at 5.84%$943.18
160,050 at 5.85%$944.20
160,050 at 5.86%$945.22
160,050 at 5.87%$946.24
160,050 at 5.88%$947.27
160,050 at 5.89%$948.29
160,050 at 5.9%$949.31
160,050 at 5.91%$950.34
160,050 at 5.92%$951.36
160,050 at 5.93%$952.39
160,050 at 5.94%$953.42
160,050 at 5.95%$954.44
160,050 at 5.96%$955.47
160,050 at 5.97%$956.50
160,050 at 5.98%$957.52
160,050 at 5.99%$958.55
160,050 at 6%$959.58
160,050 at 6.01%$960.61
160,050 at 6.02%$961.64
160,050 at 6.03%$962.67
160,050 at 6.04%$963.70
160,050 at 6.05%$964.73
160,050 at 6.06%$965.76
160,050 at 6.07%$966.80
160,050 at 6.08%$967.83
160,050 at 6.09%$968.86
160,050 at 6.1%$969.89
160,050 at 6.11%$970.93
160,050 at 6.12%$971.96
160,050 at 6.13%$973.00
160,050 at 6.14%$974.03
160,050 at 6.15%$975.07
160,050 at 6.16%$976.11
160,050 at 6.17%$977.14
160,050 at 6.18%$978.18
160,050 at 6.19%$979.22
160,050 at 6.2%$980.26
160,050 at 6.21%$981.30
160,050 at 6.22%$982.33
160,050 at 6.23%$983.37
160,050 at 6.24%$984.41
160,050 at 6.25%$985.46
160,050 at 6.26%$986.50
160,050 at 6.27%$987.54
160,050 at 6.28%$988.58
160,050 at 6.29%$989.62
160,050 at 6.3%$990.67
160,050 at 6.31%$991.71
160,050 at 6.32%$992.75
160,050 at 6.33%$993.80
160,050 at 6.34%$994.84
160,050 at 6.35%$995.89
160,050 at 6.36%$996.93
160,050 at 6.37%$997.98
160,050 at 6.38%$999.03
160,050 at 6.39%$1,000.07
160,050 at 6.4%$1,001.12
160,050 at 6.41%$1,002.17
160,050 at 6.42%$1,003.22
160,050 at 6.43%$1,004.27
160,050 at 6.44%$1,005.32
160,050 at 6.45%$1,006.37
160,050 at 6.46%$1,007.42
160,050 at 6.47%$1,008.47
160,050 at 6.48%$1,009.52
160,050 at 6.49%$1,010.57
160,050 at 6.5%$1,011.62
Interest Rate 30 Year
160,050 at 6.51%$1,012.68
160,050 at 6.52%$1,013.73
160,050 at 6.53%$1,014.78
160,050 at 6.54%$1,015.84
160,050 at 6.55%$1,016.89
160,050 at 6.56%$1,017.95
160,050 at 6.57%$1,019.00
160,050 at 6.58%$1,020.06
160,050 at 6.59%$1,021.12
160,050 at 6.6%$1,022.17
160,050 at 6.61%$1,023.23
160,050 at 6.62%$1,024.29
160,050 at 6.63%$1,025.35
160,050 at 6.64%$1,026.41
160,050 at 6.65%$1,027.46
160,050 at 6.66%$1,028.52
160,050 at 6.67%$1,029.58
160,050 at 6.68%$1,030.65
160,050 at 6.69%$1,031.71
160,050 at 6.7%$1,032.77
160,050 at 6.71%$1,033.83
160,050 at 6.72%$1,034.89
160,050 at 6.73%$1,035.95
160,050 at 6.74%$1,037.02
160,050 at 6.75%$1,038.08
160,050 at 6.76%$1,039.15
160,050 at 6.77%$1,040.21
160,050 at 6.78%$1,041.27
160,050 at 6.79%$1,042.34
160,050 at 6.8%$1,043.41
160,050 at 6.81%$1,044.47
160,050 at 6.82%$1,045.54
160,050 at 6.83%$1,046.61
160,050 at 6.84%$1,047.67
160,050 at 6.85%$1,048.74
160,050 at 6.86%$1,049.81
160,050 at 6.87%$1,050.88
160,050 at 6.88%$1,051.95
160,050 at 6.89%$1,053.02
160,050 at 6.9%$1,054.09
160,050 at 6.91%$1,055.16
160,050 at 6.92%$1,056.23
160,050 at 6.93%$1,057.30
160,050 at 6.94%$1,058.38
160,050 at 6.95%$1,059.45
160,050 at 6.96%$1,060.52
160,050 at 6.97%$1,061.59
160,050 at 6.98%$1,062.67
160,050 at 6.99%$1,063.74
160,050 at 7%$1,064.82
160,050 at 7.01%$1,065.89
160,050 at 7.02%$1,066.97
160,050 at 7.03%$1,068.04
160,050 at 7.04%$1,069.12
160,050 at 7.05%$1,070.20
160,050 at 7.06%$1,071.27
160,050 at 7.07%$1,072.35
160,050 at 7.08%$1,073.43
160,050 at 7.09%$1,074.51
160,050 at 7.1%$1,075.59
160,050 at 7.11%$1,076.67
160,050 at 7.12%$1,077.75
160,050 at 7.13%$1,078.83
160,050 at 7.14%$1,079.91
160,050 at 7.15%$1,080.99
160,050 at 7.16%$1,082.07
160,050 at 7.17%$1,083.15
160,050 at 7.18%$1,084.23
160,050 at 7.19%$1,085.32
160,050 at 7.2%$1,086.40
160,050 at 7.21%$1,087.48
160,050 at 7.22%$1,088.57
160,050 at 7.23%$1,089.65
160,050 at 7.24%$1,090.74
160,050 at 7.25%$1,091.82
160,050 at 7.26%$1,092.91
160,050 at 7.27%$1,094.00
160,050 at 7.28%$1,095.08
160,050 at 7.29%$1,096.17
160,050 at 7.3%$1,097.26
160,050 at 7.31%$1,098.34
160,050 at 7.32%$1,099.43
160,050 at 7.33%$1,100.52
160,050 at 7.34%$1,101.61
160,050 at 7.35%$1,102.70
160,050 at 7.36%$1,103.79
160,050 at 7.37%$1,104.88
160,050 at 7.38%$1,105.97
160,050 at 7.39%$1,107.06
160,050 at 7.4%$1,108.15
160,050 at 7.41%$1,109.25
160,050 at 7.42%$1,110.34
160,050 at 7.43%$1,111.43
160,050 at 7.44%$1,112.52
160,050 at 7.45%$1,113.62
160,050 at 7.46%$1,114.71
160,050 at 7.47%$1,115.81
160,050 at 7.48%$1,116.90
160,050 at 7.49%$1,118.00
160,050 at 7.5%$1,119.09
160,050 at 7.51%$1,120.19
160,050 at 7.52%$1,121.29
160,050 at 7.53%$1,122.38
160,050 at 7.54%$1,123.48
160,050 at 7.55%$1,124.58
160,050 at 7.56%$1,125.68
160,050 at 7.57%$1,126.77
160,050 at 7.58%$1,127.87
160,050 at 7.59%$1,128.97
160,050 at 7.6%$1,130.07
160,050 at 7.61%$1,131.17
160,050 at 7.62%$1,132.27
160,050 at 7.63%$1,133.37
160,050 at 7.64%$1,134.48
160,050 at 7.65%$1,135.58
160,050 at 7.66%$1,136.68
160,050 at 7.67%$1,137.78
160,050 at 7.68%$1,138.89
160,050 at 7.69%$1,139.99
160,050 at 7.7%$1,141.09
160,050 at 7.71%$1,142.20
160,050 at 7.72%$1,143.30
160,050 at 7.73%$1,144.41
160,050 at 7.74%$1,145.51
160,050 at 7.75%$1,146.62
160,050 at 7.76%$1,147.72
160,050 at 7.77%$1,148.83
160,050 at 7.78%$1,149.94
160,050 at 7.79%$1,151.04
160,050 at 7.8%$1,152.15
160,050 at 7.81%$1,153.26
160,050 at 7.82%$1,154.37
160,050 at 7.83%$1,155.48
160,050 at 7.84%$1,156.59
160,050 at 7.85%$1,157.70
160,050 at 7.86%$1,158.81
160,050 at 7.87%$1,159.92
160,050 at 7.88%$1,161.03
160,050 at 7.89%$1,162.14
160,050 at 7.9%$1,163.25
160,050 at 7.91%$1,164.36
160,050 at 7.92%$1,165.48
160,050 at 7.93%$1,166.59
160,050 at 7.94%$1,167.70
160,050 at 7.95%$1,168.82
160,050 at 7.96%$1,169.93
160,050 at 7.97%$1,171.04
160,050 at 7.98%$1,172.16
160,050 at 7.99%$1,173.27
160,050 at 8%$1,174.39
More Amounts
What is the down payment for a $160,050 house? How much do you need to put down?
Percent Down Down Payment
1%1,601
2%3,201
3%4,802
4%6,402
5%8,003
6%9,603
7%11,204
8%12,804
9%14,405
10%16,005
11%17,606
12%19,206
13%20,807
14%22,407
15%24,008
16%25,608
17%27,209
18%28,809
19%30,410
20%32,010
Percent Down Down Payment
21%33,611
22%35,211
23%36,812
24%38,412
25%40,013
26%41,613
27%43,214
28%44,814
29%46,415
30%48,015
31%49,616
32%51,216
33%52,817
34%54,417
35%56,018
36%57,618
37%59,219
38%60,819
39%62,420
40%64,020
Percent Down Down Payment
41%65,621
42%67,221
43%68,822
44%70,422
45%72,023
46%73,623
47%75,224
48%76,824
49%78,425
50%80,025
51%81,626
52%83,226
53%84,827
54%86,427
55%88,028
56%89,628
57%91,229
58%92,829
59%94,430
60%96,030
Percent Down Down Payment
61%97,631
62%99,231
63%100,832
64%102,432
65%104,033
66%105,633
67%107,234
68%108,834
69%110,435
70%112,035
71%113,636
72%115,236
73%116,837
74%118,437
75%120,038
76%121,638
77%123,239
78%124,839
79%126,440
80%128,040
Percent Down Down Payment
81%129,641
82%131,241
83%132,842
84%134,442
85%136,043
86%137,643
87%139,244
88%140,844
89%142,445
90%144,045
91%145,646
92%147,246
93%148,847
94%150,447
95%152,048
96%153,648
97%155,249
98%156,849
99%158,450
100%160,050
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.