$160,650 Mortgage for 30 Years

What is the monthly payment of a 160,650 dollar loan?
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Loan Tables for a $160,650 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 161k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $160,650 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
160,650 at 2.01%$594.60
160,650 at 2.02%$595.40
160,650 at 2.03%$596.21
160,650 at 2.04%$597.01
160,650 at 2.05%$597.82
160,650 at 2.06%$598.63
160,650 at 2.07%$599.43
160,650 at 2.08%$600.24
160,650 at 2.09%$601.05
160,650 at 2.1%$601.86
160,650 at 2.11%$602.67
160,650 at 2.12%$603.48
160,650 at 2.13%$604.29
160,650 at 2.14%$605.10
160,650 at 2.15%$605.92
160,650 at 2.16%$606.73
160,650 at 2.17%$607.54
160,650 at 2.18%$608.36
160,650 at 2.19%$609.17
160,650 at 2.2%$609.99
160,650 at 2.21%$610.81
160,650 at 2.22%$611.62
160,650 at 2.23%$612.44
160,650 at 2.24%$613.26
160,650 at 2.25%$614.08
160,650 at 2.26%$614.90
160,650 at 2.27%$615.72
160,650 at 2.28%$616.54
160,650 at 2.29%$617.36
160,650 at 2.3%$618.18
160,650 at 2.31%$619.01
160,650 at 2.32%$619.83
160,650 at 2.33%$620.65
160,650 at 2.34%$621.48
160,650 at 2.35%$622.30
160,650 at 2.36%$623.13
160,650 at 2.37%$623.96
160,650 at 2.38%$624.78
160,650 at 2.39%$625.61
160,650 at 2.4%$626.44
160,650 at 2.41%$627.27
160,650 at 2.42%$628.10
160,650 at 2.43%$628.93
160,650 at 2.44%$629.76
160,650 at 2.45%$630.59
160,650 at 2.46%$631.43
160,650 at 2.47%$632.26
160,650 at 2.48%$633.09
160,650 at 2.49%$633.93
160,650 at 2.5%$634.76
160,650 at 2.51%$635.60
160,650 at 2.52%$636.43
160,650 at 2.53%$637.27
160,650 at 2.54%$638.11
160,650 at 2.55%$638.95
160,650 at 2.56%$639.78
160,650 at 2.57%$640.62
160,650 at 2.58%$641.46
160,650 at 2.59%$642.30
160,650 at 2.6%$643.15
160,650 at 2.61%$643.99
160,650 at 2.62%$644.83
160,650 at 2.63%$645.67
160,650 at 2.64%$646.52
160,650 at 2.65%$647.36
160,650 at 2.66%$648.21
160,650 at 2.67%$649.05
160,650 at 2.68%$649.90
160,650 at 2.69%$650.75
160,650 at 2.7%$651.59
160,650 at 2.71%$652.44
160,650 at 2.72%$653.29
160,650 at 2.73%$654.14
160,650 at 2.74%$654.99
160,650 at 2.75%$655.84
160,650 at 2.76%$656.69
160,650 at 2.77%$657.54
160,650 at 2.78%$658.40
160,650 at 2.79%$659.25
160,650 at 2.8%$660.10
160,650 at 2.81%$660.96
160,650 at 2.82%$661.81
160,650 at 2.83%$662.67
160,650 at 2.84%$663.52
160,650 at 2.85%$664.38
160,650 at 2.86%$665.24
160,650 at 2.87%$666.10
160,650 at 2.88%$666.95
160,650 at 2.89%$667.81
160,650 at 2.9%$668.67
160,650 at 2.91%$669.53
160,650 at 2.92%$670.40
160,650 at 2.93%$671.26
160,650 at 2.94%$672.12
160,650 at 2.95%$672.98
160,650 at 2.96%$673.85
160,650 at 2.97%$674.71
160,650 at 2.98%$675.58
160,650 at 2.99%$676.44
160,650 at 3%$677.31
160,650 at 3.01%$678.17
160,650 at 3.02%$679.04
160,650 at 3.03%$679.91
160,650 at 3.04%$680.78
160,650 at 3.05%$681.65
160,650 at 3.06%$682.52
160,650 at 3.07%$683.39
160,650 at 3.08%$684.26
160,650 at 3.09%$685.13
160,650 at 3.1%$686.00
160,650 at 3.11%$686.87
160,650 at 3.12%$687.75
160,650 at 3.13%$688.62
160,650 at 3.14%$689.50
160,650 at 3.15%$690.37
160,650 at 3.16%$691.25
160,650 at 3.17%$692.12
160,650 at 3.18%$693.00
160,650 at 3.19%$693.88
160,650 at 3.2%$694.76
160,650 at 3.21%$695.64
160,650 at 3.22%$696.52
160,650 at 3.23%$697.40
160,650 at 3.24%$698.28
160,650 at 3.25%$699.16
160,650 at 3.26%$700.04
160,650 at 3.27%$700.92
160,650 at 3.28%$701.81
160,650 at 3.29%$702.69
160,650 at 3.3%$703.58
160,650 at 3.31%$704.46
160,650 at 3.32%$705.35
160,650 at 3.33%$706.23
160,650 at 3.34%$707.12
160,650 at 3.35%$708.01
160,650 at 3.36%$708.89
160,650 at 3.37%$709.78
160,650 at 3.38%$710.67
160,650 at 3.39%$711.56
160,650 at 3.4%$712.45
160,650 at 3.41%$713.34
160,650 at 3.42%$714.24
160,650 at 3.43%$715.13
160,650 at 3.44%$716.02
160,650 at 3.45%$716.91
160,650 at 3.46%$717.81
160,650 at 3.47%$718.70
160,650 at 3.48%$719.60
160,650 at 3.49%$720.49
160,650 at 3.5%$721.39
Interest Rate 30 Year
160,650 at 3.51%$722.29
160,650 at 3.52%$723.19
160,650 at 3.53%$724.08
160,650 at 3.54%$724.98
160,650 at 3.55%$725.88
160,650 at 3.56%$726.78
160,650 at 3.57%$727.68
160,650 at 3.58%$728.58
160,650 at 3.59%$729.49
160,650 at 3.6%$730.39
160,650 at 3.61%$731.29
160,650 at 3.62%$732.19
160,650 at 3.63%$733.10
160,650 at 3.64%$734.00
160,650 at 3.65%$734.91
160,650 at 3.66%$735.81
160,650 at 3.67%$736.72
160,650 at 3.68%$737.63
160,650 at 3.69%$738.54
160,650 at 3.7%$739.44
160,650 at 3.71%$740.35
160,650 at 3.72%$741.26
160,650 at 3.73%$742.17
160,650 at 3.74%$743.08
160,650 at 3.75%$744.00
160,650 at 3.76%$744.91
160,650 at 3.77%$745.82
160,650 at 3.78%$746.73
160,650 at 3.79%$747.65
160,650 at 3.8%$748.56
160,650 at 3.81%$749.48
160,650 at 3.82%$750.39
160,650 at 3.83%$751.31
160,650 at 3.84%$752.22
160,650 at 3.85%$753.14
160,650 at 3.86%$754.06
160,650 at 3.87%$754.98
160,650 at 3.88%$755.90
160,650 at 3.89%$756.81
160,650 at 3.9%$757.73
160,650 at 3.91%$758.66
160,650 at 3.92%$759.58
160,650 at 3.93%$760.50
160,650 at 3.94%$761.42
160,650 at 3.95%$762.34
160,650 at 3.96%$763.27
160,650 at 3.97%$764.19
160,650 at 3.98%$765.12
160,650 at 3.99%$766.04
160,650 at 4%$766.97
160,650 at 4.01%$767.89
160,650 at 4.02%$768.82
160,650 at 4.03%$769.75
160,650 at 4.04%$770.68
160,650 at 4.05%$771.61
160,650 at 4.06%$772.54
160,650 at 4.07%$773.46
160,650 at 4.08%$774.40
160,650 at 4.09%$775.33
160,650 at 4.1%$776.26
160,650 at 4.11%$777.19
160,650 at 4.12%$778.12
160,650 at 4.13%$779.06
160,650 at 4.14%$779.99
160,650 at 4.15%$780.92
160,650 at 4.16%$781.86
160,650 at 4.17%$782.80
160,650 at 4.18%$783.73
160,650 at 4.19%$784.67
160,650 at 4.2%$785.61
160,650 at 4.21%$786.54
160,650 at 4.22%$787.48
160,650 at 4.23%$788.42
160,650 at 4.24%$789.36
160,650 at 4.25%$790.30
160,650 at 4.26%$791.24
160,650 at 4.27%$792.18
160,650 at 4.28%$793.13
160,650 at 4.29%$794.07
160,650 at 4.3%$795.01
160,650 at 4.31%$795.95
160,650 at 4.32%$796.90
160,650 at 4.33%$797.84
160,650 at 4.34%$798.79
160,650 at 4.35%$799.73
160,650 at 4.36%$800.68
160,650 at 4.37%$801.63
160,650 at 4.38%$802.58
160,650 at 4.39%$803.52
160,650 at 4.4%$804.47
160,650 at 4.41%$805.42
160,650 at 4.42%$806.37
160,650 at 4.43%$807.32
160,650 at 4.44%$808.27
160,650 at 4.45%$809.22
160,650 at 4.46%$810.18
160,650 at 4.47%$811.13
160,650 at 4.48%$812.08
160,650 at 4.49%$813.04
160,650 at 4.5%$813.99
160,650 at 4.51%$814.94
160,650 at 4.52%$815.90
160,650 at 4.53%$816.86
160,650 at 4.54%$817.81
160,650 at 4.55%$818.77
160,650 at 4.56%$819.73
160,650 at 4.57%$820.69
160,650 at 4.58%$821.64
160,650 at 4.59%$822.60
160,650 at 4.6%$823.56
160,650 at 4.61%$824.52
160,650 at 4.62%$825.48
160,650 at 4.63%$826.45
160,650 at 4.64%$827.41
160,650 at 4.65%$828.37
160,650 at 4.66%$829.33
160,650 at 4.67%$830.30
160,650 at 4.68%$831.26
160,650 at 4.69%$832.23
160,650 at 4.7%$833.19
160,650 at 4.71%$834.16
160,650 at 4.72%$835.12
160,650 at 4.73%$836.09
160,650 at 4.74%$837.06
160,650 at 4.75%$838.03
160,650 at 4.76%$839.00
160,650 at 4.77%$839.96
160,650 at 4.78%$840.93
160,650 at 4.79%$841.90
160,650 at 4.8%$842.87
160,650 at 4.81%$843.85
160,650 at 4.82%$844.82
160,650 at 4.83%$845.79
160,650 at 4.84%$846.76
160,650 at 4.85%$847.74
160,650 at 4.86%$848.71
160,650 at 4.87%$849.69
160,650 at 4.88%$850.66
160,650 at 4.89%$851.64
160,650 at 4.9%$852.61
160,650 at 4.91%$853.59
160,650 at 4.92%$854.57
160,650 at 4.93%$855.54
160,650 at 4.94%$856.52
160,650 at 4.95%$857.50
160,650 at 4.96%$858.48
160,650 at 4.97%$859.46
160,650 at 4.98%$860.44
160,650 at 4.99%$861.42
160,650 at 5%$862.40
Interest Rate 30 Year
160,650 at 5.01%$863.39
160,650 at 5.02%$864.37
160,650 at 5.03%$865.35
160,650 at 5.04%$866.34
160,650 at 5.05%$867.32
160,650 at 5.06%$868.30
160,650 at 5.07%$869.29
160,650 at 5.08%$870.28
160,650 at 5.09%$871.26
160,650 at 5.1%$872.25
160,650 at 5.11%$873.24
160,650 at 5.12%$874.22
160,650 at 5.13%$875.21
160,650 at 5.14%$876.20
160,650 at 5.15%$877.19
160,650 at 5.16%$878.18
160,650 at 5.17%$879.17
160,650 at 5.18%$880.16
160,650 at 5.19%$881.15
160,650 at 5.2%$882.15
160,650 at 5.21%$883.14
160,650 at 5.22%$884.13
160,650 at 5.23%$885.13
160,650 at 5.24%$886.12
160,650 at 5.25%$887.12
160,650 at 5.26%$888.11
160,650 at 5.27%$889.11
160,650 at 5.28%$890.10
160,650 at 5.29%$891.10
160,650 at 5.3%$892.10
160,650 at 5.31%$893.09
160,650 at 5.32%$894.09
160,650 at 5.33%$895.09
160,650 at 5.34%$896.09
160,650 at 5.35%$897.09
160,650 at 5.36%$898.09
160,650 at 5.37%$899.09
160,650 at 5.38%$900.09
160,650 at 5.39%$901.10
160,650 at 5.4%$902.10
160,650 at 5.41%$903.10
160,650 at 5.42%$904.11
160,650 at 5.43%$905.11
160,650 at 5.44%$906.11
160,650 at 5.45%$907.12
160,650 at 5.46%$908.13
160,650 at 5.47%$909.13
160,650 at 5.48%$910.14
160,650 at 5.49%$911.15
160,650 at 5.5%$912.15
160,650 at 5.51%$913.16
160,650 at 5.52%$914.17
160,650 at 5.53%$915.18
160,650 at 5.54%$916.19
160,650 at 5.55%$917.20
160,650 at 5.56%$918.21
160,650 at 5.57%$919.22
160,650 at 5.58%$920.23
160,650 at 5.59%$921.25
160,650 at 5.6%$922.26
160,650 at 5.61%$923.27
160,650 at 5.62%$924.28
160,650 at 5.63%$925.30
160,650 at 5.64%$926.31
160,650 at 5.65%$927.33
160,650 at 5.66%$928.35
160,650 at 5.67%$929.36
160,650 at 5.68%$930.38
160,650 at 5.69%$931.40
160,650 at 5.7%$932.41
160,650 at 5.71%$933.43
160,650 at 5.72%$934.45
160,650 at 5.73%$935.47
160,650 at 5.74%$936.49
160,650 at 5.75%$937.51
160,650 at 5.76%$938.53
160,650 at 5.77%$939.55
160,650 at 5.78%$940.57
160,650 at 5.79%$941.60
160,650 at 5.8%$942.62
160,650 at 5.81%$943.64
160,650 at 5.82%$944.67
160,650 at 5.83%$945.69
160,650 at 5.84%$946.71
160,650 at 5.85%$947.74
160,650 at 5.86%$948.77
160,650 at 5.87%$949.79
160,650 at 5.88%$950.82
160,650 at 5.89%$951.85
160,650 at 5.9%$952.87
160,650 at 5.91%$953.90
160,650 at 5.92%$954.93
160,650 at 5.93%$955.96
160,650 at 5.94%$956.99
160,650 at 5.95%$958.02
160,650 at 5.96%$959.05
160,650 at 5.97%$960.08
160,650 at 5.98%$961.11
160,650 at 5.99%$962.15
160,650 at 6%$963.18
160,650 at 6.01%$964.21
160,650 at 6.02%$965.24
160,650 at 6.03%$966.28
160,650 at 6.04%$967.31
160,650 at 6.05%$968.35
160,650 at 6.06%$969.38
160,650 at 6.07%$970.42
160,650 at 6.08%$971.46
160,650 at 6.09%$972.49
160,650 at 6.1%$973.53
160,650 at 6.11%$974.57
160,650 at 6.12%$975.61
160,650 at 6.13%$976.65
160,650 at 6.14%$977.69
160,650 at 6.15%$978.73
160,650 at 6.16%$979.77
160,650 at 6.17%$980.81
160,650 at 6.18%$981.85
160,650 at 6.19%$982.89
160,650 at 6.2%$983.93
160,650 at 6.21%$984.97
160,650 at 6.22%$986.02
160,650 at 6.23%$987.06
160,650 at 6.24%$988.11
160,650 at 6.25%$989.15
160,650 at 6.26%$990.19
160,650 at 6.27%$991.24
160,650 at 6.28%$992.29
160,650 at 6.29%$993.33
160,650 at 6.3%$994.38
160,650 at 6.31%$995.43
160,650 at 6.32%$996.48
160,650 at 6.33%$997.52
160,650 at 6.34%$998.57
160,650 at 6.35%$999.62
160,650 at 6.36%$1,000.67
160,650 at 6.37%$1,001.72
160,650 at 6.38%$1,002.77
160,650 at 6.39%$1,003.82
160,650 at 6.4%$1,004.88
160,650 at 6.41%$1,005.93
160,650 at 6.42%$1,006.98
160,650 at 6.43%$1,008.03
160,650 at 6.44%$1,009.09
160,650 at 6.45%$1,010.14
160,650 at 6.46%$1,011.19
160,650 at 6.47%$1,012.25
160,650 at 6.48%$1,013.31
160,650 at 6.49%$1,014.36
160,650 at 6.5%$1,015.42
Interest Rate 30 Year
160,650 at 6.51%$1,016.47
160,650 at 6.52%$1,017.53
160,650 at 6.53%$1,018.59
160,650 at 6.54%$1,019.65
160,650 at 6.55%$1,020.71
160,650 at 6.56%$1,021.76
160,650 at 6.57%$1,022.82
160,650 at 6.58%$1,023.88
160,650 at 6.59%$1,024.94
160,650 at 6.6%$1,026.01
160,650 at 6.61%$1,027.07
160,650 at 6.62%$1,028.13
160,650 at 6.63%$1,029.19
160,650 at 6.64%$1,030.25
160,650 at 6.65%$1,031.32
160,650 at 6.66%$1,032.38
160,650 at 6.67%$1,033.44
160,650 at 6.68%$1,034.51
160,650 at 6.69%$1,035.57
160,650 at 6.7%$1,036.64
160,650 at 6.71%$1,037.70
160,650 at 6.72%$1,038.77
160,650 at 6.73%$1,039.84
160,650 at 6.74%$1,040.91
160,650 at 6.75%$1,041.97
160,650 at 6.76%$1,043.04
160,650 at 6.77%$1,044.11
160,650 at 6.78%$1,045.18
160,650 at 6.79%$1,046.25
160,650 at 6.8%$1,047.32
160,650 at 6.81%$1,048.39
160,650 at 6.82%$1,049.46
160,650 at 6.83%$1,050.53
160,650 at 6.84%$1,051.60
160,650 at 6.85%$1,052.67
160,650 at 6.86%$1,053.75
160,650 at 6.87%$1,054.82
160,650 at 6.88%$1,055.89
160,650 at 6.89%$1,056.97
160,650 at 6.9%$1,058.04
160,650 at 6.91%$1,059.12
160,650 at 6.92%$1,060.19
160,650 at 6.93%$1,061.27
160,650 at 6.94%$1,062.34
160,650 at 6.95%$1,063.42
160,650 at 6.96%$1,064.50
160,650 at 6.97%$1,065.57
160,650 at 6.98%$1,066.65
160,650 at 6.99%$1,067.73
160,650 at 7%$1,068.81
160,650 at 7.01%$1,069.89
160,650 at 7.02%$1,070.97
160,650 at 7.03%$1,072.05
160,650 at 7.04%$1,073.13
160,650 at 7.05%$1,074.21
160,650 at 7.06%$1,075.29
160,650 at 7.07%$1,076.37
160,650 at 7.08%$1,077.45
160,650 at 7.09%$1,078.54
160,650 at 7.1%$1,079.62
160,650 at 7.11%$1,080.70
160,650 at 7.12%$1,081.79
160,650 at 7.13%$1,082.87
160,650 at 7.14%$1,083.96
160,650 at 7.15%$1,085.04
160,650 at 7.16%$1,086.13
160,650 at 7.17%$1,087.21
160,650 at 7.18%$1,088.30
160,650 at 7.19%$1,089.39
160,650 at 7.2%$1,090.47
160,650 at 7.21%$1,091.56
160,650 at 7.22%$1,092.65
160,650 at 7.23%$1,093.74
160,650 at 7.24%$1,094.83
160,650 at 7.25%$1,095.92
160,650 at 7.26%$1,097.01
160,650 at 7.27%$1,098.10
160,650 at 7.28%$1,099.19
160,650 at 7.29%$1,100.28
160,650 at 7.3%$1,101.37
160,650 at 7.31%$1,102.46
160,650 at 7.32%$1,103.55
160,650 at 7.33%$1,104.65
160,650 at 7.34%$1,105.74
160,650 at 7.35%$1,106.83
160,650 at 7.36%$1,107.93
160,650 at 7.37%$1,109.02
160,650 at 7.38%$1,110.12
160,650 at 7.39%$1,111.21
160,650 at 7.4%$1,112.31
160,650 at 7.41%$1,113.40
160,650 at 7.42%$1,114.50
160,650 at 7.43%$1,115.60
160,650 at 7.44%$1,116.70
160,650 at 7.45%$1,117.79
160,650 at 7.46%$1,118.89
160,650 at 7.47%$1,119.99
160,650 at 7.48%$1,121.09
160,650 at 7.49%$1,122.19
160,650 at 7.5%$1,123.29
160,650 at 7.51%$1,124.39
160,650 at 7.52%$1,125.49
160,650 at 7.53%$1,126.59
160,650 at 7.54%$1,127.69
160,650 at 7.55%$1,128.79
160,650 at 7.56%$1,129.90
160,650 at 7.57%$1,131.00
160,650 at 7.58%$1,132.10
160,650 at 7.59%$1,133.21
160,650 at 7.6%$1,134.31
160,650 at 7.61%$1,135.41
160,650 at 7.62%$1,136.52
160,650 at 7.63%$1,137.62
160,650 at 7.64%$1,138.73
160,650 at 7.65%$1,139.83
160,650 at 7.66%$1,140.94
160,650 at 7.67%$1,142.05
160,650 at 7.68%$1,143.16
160,650 at 7.69%$1,144.26
160,650 at 7.7%$1,145.37
160,650 at 7.71%$1,146.48
160,650 at 7.72%$1,147.59
160,650 at 7.73%$1,148.70
160,650 at 7.74%$1,149.81
160,650 at 7.75%$1,150.92
160,650 at 7.76%$1,152.03
160,650 at 7.77%$1,153.14
160,650 at 7.78%$1,154.25
160,650 at 7.79%$1,155.36
160,650 at 7.8%$1,156.47
160,650 at 7.81%$1,157.58
160,650 at 7.82%$1,158.70
160,650 at 7.83%$1,159.81
160,650 at 7.84%$1,160.92
160,650 at 7.85%$1,162.04
160,650 at 7.86%$1,163.15
160,650 at 7.87%$1,164.27
160,650 at 7.88%$1,165.38
160,650 at 7.89%$1,166.50
160,650 at 7.9%$1,167.61
160,650 at 7.91%$1,168.73
160,650 at 7.92%$1,169.85
160,650 at 7.93%$1,170.96
160,650 at 7.94%$1,172.08
160,650 at 7.95%$1,173.20
160,650 at 7.96%$1,174.32
160,650 at 7.97%$1,175.43
160,650 at 7.98%$1,176.55
160,650 at 7.99%$1,177.67
160,650 at 8%$1,178.79
More Amounts
What is the down payment for a $160,650 house? How much do you need to put down?
Percent Down Down Payment
1%1,607
2%3,213
3%4,820
4%6,426
5%8,033
6%9,639
7%11,246
8%12,852
9%14,459
10%16,065
11%17,672
12%19,278
13%20,885
14%22,491
15%24,098
16%25,704
17%27,311
18%28,917
19%30,524
20%32,130
Percent Down Down Payment
21%33,737
22%35,343
23%36,950
24%38,556
25%40,163
26%41,769
27%43,376
28%44,982
29%46,589
30%48,195
31%49,802
32%51,408
33%53,015
34%54,621
35%56,228
36%57,834
37%59,441
38%61,047
39%62,654
40%64,260
Percent Down Down Payment
41%65,867
42%67,473
43%69,080
44%70,686
45%72,293
46%73,899
47%75,506
48%77,112
49%78,719
50%80,325
51%81,932
52%83,538
53%85,145
54%86,751
55%88,358
56%89,964
57%91,571
58%93,177
59%94,784
60%96,390
Percent Down Down Payment
61%97,997
62%99,603
63%101,210
64%102,816
65%104,423
66%106,029
67%107,636
68%109,242
69%110,849
70%112,455
71%114,062
72%115,668
73%117,275
74%118,881
75%120,488
76%122,094
77%123,701
78%125,307
79%126,914
80%128,520
Percent Down Down Payment
81%130,127
82%131,733
83%133,340
84%134,946
85%136,553
86%138,159
87%139,766
88%141,372
89%142,979
90%144,585
91%146,192
92%147,798
93%149,405
94%151,011
95%152,618
96%154,224
97%155,831
98%157,437
99%159,044
100%160,650
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.