$160,750 Mortgage for 30 Years

What is the monthly payment of a 160,750 dollar loan?
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Loan Tables for a $160,750 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 $160,750 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
160,750 at 2.01%$594.97
160,750 at 2.02%$595.77
160,750 at 2.03%$596.58
160,750 at 2.04%$597.38
160,750 at 2.05%$598.19
160,750 at 2.06%$599.00
160,750 at 2.07%$599.81
160,750 at 2.08%$600.61
160,750 at 2.09%$601.42
160,750 at 2.1%$602.23
160,750 at 2.11%$603.04
160,750 at 2.12%$603.86
160,750 at 2.13%$604.67
160,750 at 2.14%$605.48
160,750 at 2.15%$606.29
160,750 at 2.16%$607.11
160,750 at 2.17%$607.92
160,750 at 2.18%$608.74
160,750 at 2.19%$609.55
160,750 at 2.2%$610.37
160,750 at 2.21%$611.19
160,750 at 2.22%$612.00
160,750 at 2.23%$612.82
160,750 at 2.24%$613.64
160,750 at 2.25%$614.46
160,750 at 2.26%$615.28
160,750 at 2.27%$616.10
160,750 at 2.28%$616.92
160,750 at 2.29%$617.75
160,750 at 2.3%$618.57
160,750 at 2.31%$619.39
160,750 at 2.32%$620.22
160,750 at 2.33%$621.04
160,750 at 2.34%$621.87
160,750 at 2.35%$622.69
160,750 at 2.36%$623.52
160,750 at 2.37%$624.35
160,750 at 2.38%$625.17
160,750 at 2.39%$626.00
160,750 at 2.4%$626.83
160,750 at 2.41%$627.66
160,750 at 2.42%$628.49
160,750 at 2.43%$629.32
160,750 at 2.44%$630.15
160,750 at 2.45%$630.99
160,750 at 2.46%$631.82
160,750 at 2.47%$632.65
160,750 at 2.48%$633.49
160,750 at 2.49%$634.32
160,750 at 2.5%$635.16
160,750 at 2.51%$635.99
160,750 at 2.52%$636.83
160,750 at 2.53%$637.67
160,750 at 2.54%$638.50
160,750 at 2.55%$639.34
160,750 at 2.56%$640.18
160,750 at 2.57%$641.02
160,750 at 2.58%$641.86
160,750 at 2.59%$642.70
160,750 at 2.6%$643.55
160,750 at 2.61%$644.39
160,750 at 2.62%$645.23
160,750 at 2.63%$646.08
160,750 at 2.64%$646.92
160,750 at 2.65%$647.76
160,750 at 2.66%$648.61
160,750 at 2.67%$649.46
160,750 at 2.68%$650.30
160,750 at 2.69%$651.15
160,750 at 2.7%$652.00
160,750 at 2.71%$652.85
160,750 at 2.72%$653.70
160,750 at 2.73%$654.55
160,750 at 2.74%$655.40
160,750 at 2.75%$656.25
160,750 at 2.76%$657.10
160,750 at 2.77%$657.95
160,750 at 2.78%$658.80
160,750 at 2.79%$659.66
160,750 at 2.8%$660.51
160,750 at 2.81%$661.37
160,750 at 2.82%$662.22
160,750 at 2.83%$663.08
160,750 at 2.84%$663.94
160,750 at 2.85%$664.79
160,750 at 2.86%$665.65
160,750 at 2.87%$666.51
160,750 at 2.88%$667.37
160,750 at 2.89%$668.23
160,750 at 2.9%$669.09
160,750 at 2.91%$669.95
160,750 at 2.92%$670.81
160,750 at 2.93%$671.67
160,750 at 2.94%$672.54
160,750 at 2.95%$673.40
160,750 at 2.96%$674.27
160,750 at 2.97%$675.13
160,750 at 2.98%$676.00
160,750 at 2.99%$676.86
160,750 at 3%$677.73
160,750 at 3.01%$678.60
160,750 at 3.02%$679.46
160,750 at 3.03%$680.33
160,750 at 3.04%$681.20
160,750 at 3.05%$682.07
160,750 at 3.06%$682.94
160,750 at 3.07%$683.81
160,750 at 3.08%$684.68
160,750 at 3.09%$685.56
160,750 at 3.1%$686.43
160,750 at 3.11%$687.30
160,750 at 3.12%$688.18
160,750 at 3.13%$689.05
160,750 at 3.14%$689.93
160,750 at 3.15%$690.80
160,750 at 3.16%$691.68
160,750 at 3.17%$692.56
160,750 at 3.18%$693.43
160,750 at 3.19%$694.31
160,750 at 3.2%$695.19
160,750 at 3.21%$696.07
160,750 at 3.22%$696.95
160,750 at 3.23%$697.83
160,750 at 3.24%$698.71
160,750 at 3.25%$699.59
160,750 at 3.26%$700.48
160,750 at 3.27%$701.36
160,750 at 3.28%$702.24
160,750 at 3.29%$703.13
160,750 at 3.3%$704.01
160,750 at 3.31%$704.90
160,750 at 3.32%$705.78
160,750 at 3.33%$706.67
160,750 at 3.34%$707.56
160,750 at 3.35%$708.45
160,750 at 3.36%$709.34
160,750 at 3.37%$710.22
160,750 at 3.38%$711.11
160,750 at 3.39%$712.01
160,750 at 3.4%$712.90
160,750 at 3.41%$713.79
160,750 at 3.42%$714.68
160,750 at 3.43%$715.57
160,750 at 3.44%$716.47
160,750 at 3.45%$717.36
160,750 at 3.46%$718.25
160,750 at 3.47%$719.15
160,750 at 3.48%$720.05
160,750 at 3.49%$720.94
160,750 at 3.5%$721.84
Interest Rate 30 Year
160,750 at 3.51%$722.74
160,750 at 3.52%$723.64
160,750 at 3.53%$724.53
160,750 at 3.54%$725.43
160,750 at 3.55%$726.33
160,750 at 3.56%$727.23
160,750 at 3.57%$728.14
160,750 at 3.58%$729.04
160,750 at 3.59%$729.94
160,750 at 3.6%$730.84
160,750 at 3.61%$731.75
160,750 at 3.62%$732.65
160,750 at 3.63%$733.55
160,750 at 3.64%$734.46
160,750 at 3.65%$735.37
160,750 at 3.66%$736.27
160,750 at 3.67%$737.18
160,750 at 3.68%$738.09
160,750 at 3.69%$739.00
160,750 at 3.7%$739.90
160,750 at 3.71%$740.81
160,750 at 3.72%$741.72
160,750 at 3.73%$742.64
160,750 at 3.74%$743.55
160,750 at 3.75%$744.46
160,750 at 3.76%$745.37
160,750 at 3.77%$746.28
160,750 at 3.78%$747.20
160,750 at 3.79%$748.11
160,750 at 3.8%$749.03
160,750 at 3.81%$749.94
160,750 at 3.82%$750.86
160,750 at 3.83%$751.77
160,750 at 3.84%$752.69
160,750 at 3.85%$753.61
160,750 at 3.86%$754.53
160,750 at 3.87%$755.45
160,750 at 3.88%$756.37
160,750 at 3.89%$757.29
160,750 at 3.9%$758.21
160,750 at 3.91%$759.13
160,750 at 3.92%$760.05
160,750 at 3.93%$760.97
160,750 at 3.94%$761.90
160,750 at 3.95%$762.82
160,750 at 3.96%$763.74
160,750 at 3.97%$764.67
160,750 at 3.98%$765.59
160,750 at 3.99%$766.52
160,750 at 4%$767.45
160,750 at 4.01%$768.37
160,750 at 4.02%$769.30
160,750 at 4.03%$770.23
160,750 at 4.04%$771.16
160,750 at 4.05%$772.09
160,750 at 4.06%$773.02
160,750 at 4.07%$773.95
160,750 at 4.08%$774.88
160,750 at 4.09%$775.81
160,750 at 4.1%$776.74
160,750 at 4.11%$777.67
160,750 at 4.12%$778.61
160,750 at 4.13%$779.54
160,750 at 4.14%$780.48
160,750 at 4.15%$781.41
160,750 at 4.16%$782.35
160,750 at 4.17%$783.28
160,750 at 4.18%$784.22
160,750 at 4.19%$785.16
160,750 at 4.2%$786.10
160,750 at 4.21%$787.03
160,750 at 4.22%$787.97
160,750 at 4.23%$788.91
160,750 at 4.24%$789.85
160,750 at 4.25%$790.79
160,750 at 4.26%$791.73
160,750 at 4.27%$792.68
160,750 at 4.28%$793.62
160,750 at 4.29%$794.56
160,750 at 4.3%$795.51
160,750 at 4.31%$796.45
160,750 at 4.32%$797.39
160,750 at 4.33%$798.34
160,750 at 4.34%$799.29
160,750 at 4.35%$800.23
160,750 at 4.36%$801.18
160,750 at 4.37%$802.13
160,750 at 4.38%$803.08
160,750 at 4.39%$804.02
160,750 at 4.4%$804.97
160,750 at 4.41%$805.92
160,750 at 4.42%$806.87
160,750 at 4.43%$807.82
160,750 at 4.44%$808.78
160,750 at 4.45%$809.73
160,750 at 4.46%$810.68
160,750 at 4.47%$811.63
160,750 at 4.48%$812.59
160,750 at 4.49%$813.54
160,750 at 4.5%$814.50
160,750 at 4.51%$815.45
160,750 at 4.52%$816.41
160,750 at 4.53%$817.36
160,750 at 4.54%$818.32
160,750 at 4.55%$819.28
160,750 at 4.56%$820.24
160,750 at 4.57%$821.20
160,750 at 4.58%$822.16
160,750 at 4.59%$823.12
160,750 at 4.6%$824.08
160,750 at 4.61%$825.04
160,750 at 4.62%$826.00
160,750 at 4.63%$826.96
160,750 at 4.64%$827.92
160,750 at 4.65%$828.89
160,750 at 4.66%$829.85
160,750 at 4.67%$830.81
160,750 at 4.68%$831.78
160,750 at 4.69%$832.74
160,750 at 4.7%$833.71
160,750 at 4.71%$834.68
160,750 at 4.72%$835.64
160,750 at 4.73%$836.61
160,750 at 4.74%$837.58
160,750 at 4.75%$838.55
160,750 at 4.76%$839.52
160,750 at 4.77%$840.49
160,750 at 4.78%$841.46
160,750 at 4.79%$842.43
160,750 at 4.8%$843.40
160,750 at 4.81%$844.37
160,750 at 4.82%$845.34
160,750 at 4.83%$846.32
160,750 at 4.84%$847.29
160,750 at 4.85%$848.26
160,750 at 4.86%$849.24
160,750 at 4.87%$850.21
160,750 at 4.88%$851.19
160,750 at 4.89%$852.17
160,750 at 4.9%$853.14
160,750 at 4.91%$854.12
160,750 at 4.92%$855.10
160,750 at 4.93%$856.08
160,750 at 4.94%$857.06
160,750 at 4.95%$858.04
160,750 at 4.96%$859.02
160,750 at 4.97%$860.00
160,750 at 4.98%$860.98
160,750 at 4.99%$861.96
160,750 at 5%$862.94
Interest Rate 30 Year
160,750 at 5.01%$863.92
160,750 at 5.02%$864.91
160,750 at 5.03%$865.89
160,750 at 5.04%$866.87
160,750 at 5.05%$867.86
160,750 at 5.06%$868.84
160,750 at 5.07%$869.83
160,750 at 5.08%$870.82
160,750 at 5.09%$871.80
160,750 at 5.1%$872.79
160,750 at 5.11%$873.78
160,750 at 5.12%$874.77
160,750 at 5.13%$875.76
160,750 at 5.14%$876.75
160,750 at 5.15%$877.74
160,750 at 5.16%$878.73
160,750 at 5.17%$879.72
160,750 at 5.18%$880.71
160,750 at 5.19%$881.70
160,750 at 5.2%$882.70
160,750 at 5.21%$883.69
160,750 at 5.22%$884.68
160,750 at 5.23%$885.68
160,750 at 5.24%$886.67
160,750 at 5.25%$887.67
160,750 at 5.26%$888.66
160,750 at 5.27%$889.66
160,750 at 5.28%$890.66
160,750 at 5.29%$891.65
160,750 at 5.3%$892.65
160,750 at 5.31%$893.65
160,750 at 5.32%$894.65
160,750 at 5.33%$895.65
160,750 at 5.34%$896.65
160,750 at 5.35%$897.65
160,750 at 5.36%$898.65
160,750 at 5.37%$899.65
160,750 at 5.38%$900.65
160,750 at 5.39%$901.66
160,750 at 5.4%$902.66
160,750 at 5.41%$903.66
160,750 at 5.42%$904.67
160,750 at 5.43%$905.67
160,750 at 5.44%$906.68
160,750 at 5.45%$907.68
160,750 at 5.46%$908.69
160,750 at 5.47%$909.70
160,750 at 5.48%$910.70
160,750 at 5.49%$911.71
160,750 at 5.5%$912.72
160,750 at 5.51%$913.73
160,750 at 5.52%$914.74
160,750 at 5.53%$915.75
160,750 at 5.54%$916.76
160,750 at 5.55%$917.77
160,750 at 5.56%$918.78
160,750 at 5.57%$919.79
160,750 at 5.58%$920.81
160,750 at 5.59%$921.82
160,750 at 5.6%$922.83
160,750 at 5.61%$923.85
160,750 at 5.62%$924.86
160,750 at 5.63%$925.88
160,750 at 5.64%$926.89
160,750 at 5.65%$927.91
160,750 at 5.66%$928.92
160,750 at 5.67%$929.94
160,750 at 5.68%$930.96
160,750 at 5.69%$931.98
160,750 at 5.7%$932.99
160,750 at 5.71%$934.01
160,750 at 5.72%$935.03
160,750 at 5.73%$936.05
160,750 at 5.74%$937.07
160,750 at 5.75%$938.09
160,750 at 5.76%$939.11
160,750 at 5.77%$940.14
160,750 at 5.78%$941.16
160,750 at 5.79%$942.18
160,750 at 5.8%$943.21
160,750 at 5.81%$944.23
160,750 at 5.82%$945.25
160,750 at 5.83%$946.28
160,750 at 5.84%$947.30
160,750 at 5.85%$948.33
160,750 at 5.86%$949.36
160,750 at 5.87%$950.38
160,750 at 5.88%$951.41
160,750 at 5.89%$952.44
160,750 at 5.9%$953.47
160,750 at 5.91%$954.50
160,750 at 5.92%$955.53
160,750 at 5.93%$956.55
160,750 at 5.94%$957.59
160,750 at 5.95%$958.62
160,750 at 5.96%$959.65
160,750 at 5.97%$960.68
160,750 at 5.98%$961.71
160,750 at 5.99%$962.74
160,750 at 6%$963.78
160,750 at 6.01%$964.81
160,750 at 6.02%$965.85
160,750 at 6.03%$966.88
160,750 at 6.04%$967.92
160,750 at 6.05%$968.95
160,750 at 6.06%$969.99
160,750 at 6.07%$971.02
160,750 at 6.08%$972.06
160,750 at 6.09%$973.10
160,750 at 6.1%$974.14
160,750 at 6.11%$975.18
160,750 at 6.12%$976.21
160,750 at 6.13%$977.25
160,750 at 6.14%$978.29
160,750 at 6.15%$979.33
160,750 at 6.16%$980.38
160,750 at 6.17%$981.42
160,750 at 6.18%$982.46
160,750 at 6.19%$983.50
160,750 at 6.2%$984.54
160,750 at 6.21%$985.59
160,750 at 6.22%$986.63
160,750 at 6.23%$987.68
160,750 at 6.24%$988.72
160,750 at 6.25%$989.77
160,750 at 6.26%$990.81
160,750 at 6.27%$991.86
160,750 at 6.28%$992.90
160,750 at 6.29%$993.95
160,750 at 6.3%$995.00
160,750 at 6.31%$996.05
160,750 at 6.32%$997.10
160,750 at 6.33%$998.14
160,750 at 6.34%$999.19
160,750 at 6.35%$1,000.24
160,750 at 6.36%$1,001.29
160,750 at 6.37%$1,002.35
160,750 at 6.38%$1,003.40
160,750 at 6.39%$1,004.45
160,750 at 6.4%$1,005.50
160,750 at 6.41%$1,006.55
160,750 at 6.42%$1,007.61
160,750 at 6.43%$1,008.66
160,750 at 6.44%$1,009.71
160,750 at 6.45%$1,010.77
160,750 at 6.46%$1,011.82
160,750 at 6.47%$1,012.88
160,750 at 6.48%$1,013.94
160,750 at 6.49%$1,014.99
160,750 at 6.5%$1,016.05
Interest Rate 30 Year
160,750 at 6.51%$1,017.11
160,750 at 6.52%$1,018.16
160,750 at 6.53%$1,019.22
160,750 at 6.54%$1,020.28
160,750 at 6.55%$1,021.34
160,750 at 6.56%$1,022.40
160,750 at 6.57%$1,023.46
160,750 at 6.58%$1,024.52
160,750 at 6.59%$1,025.58
160,750 at 6.6%$1,026.64
160,750 at 6.61%$1,027.71
160,750 at 6.62%$1,028.77
160,750 at 6.63%$1,029.83
160,750 at 6.64%$1,030.89
160,750 at 6.65%$1,031.96
160,750 at 6.66%$1,033.02
160,750 at 6.67%$1,034.09
160,750 at 6.68%$1,035.15
160,750 at 6.69%$1,036.22
160,750 at 6.7%$1,037.28
160,750 at 6.71%$1,038.35
160,750 at 6.72%$1,039.42
160,750 at 6.73%$1,040.49
160,750 at 6.74%$1,041.55
160,750 at 6.75%$1,042.62
160,750 at 6.76%$1,043.69
160,750 at 6.77%$1,044.76
160,750 at 6.78%$1,045.83
160,750 at 6.79%$1,046.90
160,750 at 6.8%$1,047.97
160,750 at 6.81%$1,049.04
160,750 at 6.82%$1,050.11
160,750 at 6.83%$1,051.18
160,750 at 6.84%$1,052.26
160,750 at 6.85%$1,053.33
160,750 at 6.86%$1,054.40
160,750 at 6.87%$1,055.48
160,750 at 6.88%$1,056.55
160,750 at 6.89%$1,057.62
160,750 at 6.9%$1,058.70
160,750 at 6.91%$1,059.78
160,750 at 6.92%$1,060.85
160,750 at 6.93%$1,061.93
160,750 at 6.94%$1,063.00
160,750 at 6.95%$1,064.08
160,750 at 6.96%$1,065.16
160,750 at 6.97%$1,066.24
160,750 at 6.98%$1,067.32
160,750 at 6.99%$1,068.39
160,750 at 7%$1,069.47
160,750 at 7.01%$1,070.55
160,750 at 7.02%$1,071.63
160,750 at 7.03%$1,072.71
160,750 at 7.04%$1,073.80
160,750 at 7.05%$1,074.88
160,750 at 7.06%$1,075.96
160,750 at 7.07%$1,077.04
160,750 at 7.08%$1,078.12
160,750 at 7.09%$1,079.21
160,750 at 7.1%$1,080.29
160,750 at 7.11%$1,081.38
160,750 at 7.12%$1,082.46
160,750 at 7.13%$1,083.55
160,750 at 7.14%$1,084.63
160,750 at 7.15%$1,085.72
160,750 at 7.16%$1,086.80
160,750 at 7.17%$1,087.89
160,750 at 7.18%$1,088.98
160,750 at 7.19%$1,090.06
160,750 at 7.2%$1,091.15
160,750 at 7.21%$1,092.24
160,750 at 7.22%$1,093.33
160,750 at 7.23%$1,094.42
160,750 at 7.24%$1,095.51
160,750 at 7.25%$1,096.60
160,750 at 7.26%$1,097.69
160,750 at 7.27%$1,098.78
160,750 at 7.28%$1,099.87
160,750 at 7.29%$1,100.96
160,750 at 7.3%$1,102.06
160,750 at 7.31%$1,103.15
160,750 at 7.32%$1,104.24
160,750 at 7.33%$1,105.33
160,750 at 7.34%$1,106.43
160,750 at 7.35%$1,107.52
160,750 at 7.36%$1,108.62
160,750 at 7.37%$1,109.71
160,750 at 7.38%$1,110.81
160,750 at 7.39%$1,111.90
160,750 at 7.4%$1,113.00
160,750 at 7.41%$1,114.10
160,750 at 7.42%$1,115.19
160,750 at 7.43%$1,116.29
160,750 at 7.44%$1,117.39
160,750 at 7.45%$1,118.49
160,750 at 7.46%$1,119.59
160,750 at 7.47%$1,120.69
160,750 at 7.48%$1,121.79
160,750 at 7.49%$1,122.89
160,750 at 7.5%$1,123.99
160,750 at 7.51%$1,125.09
160,750 at 7.52%$1,126.19
160,750 at 7.53%$1,127.29
160,750 at 7.54%$1,128.39
160,750 at 7.55%$1,129.50
160,750 at 7.56%$1,130.60
160,750 at 7.57%$1,131.70
160,750 at 7.58%$1,132.81
160,750 at 7.59%$1,133.91
160,750 at 7.6%$1,135.02
160,750 at 7.61%$1,136.12
160,750 at 7.62%$1,137.23
160,750 at 7.63%$1,138.33
160,750 at 7.64%$1,139.44
160,750 at 7.65%$1,140.54
160,750 at 7.66%$1,141.65
160,750 at 7.67%$1,142.76
160,750 at 7.68%$1,143.87
160,750 at 7.69%$1,144.97
160,750 at 7.7%$1,146.08
160,750 at 7.71%$1,147.19
160,750 at 7.72%$1,148.30
160,750 at 7.73%$1,149.41
160,750 at 7.74%$1,150.52
160,750 at 7.75%$1,151.63
160,750 at 7.76%$1,152.74
160,750 at 7.77%$1,153.86
160,750 at 7.78%$1,154.97
160,750 at 7.79%$1,156.08
160,750 at 7.8%$1,157.19
160,750 at 7.81%$1,158.30
160,750 at 7.82%$1,159.42
160,750 at 7.83%$1,160.53
160,750 at 7.84%$1,161.65
160,750 at 7.85%$1,162.76
160,750 at 7.86%$1,163.88
160,750 at 7.87%$1,164.99
160,750 at 7.88%$1,166.11
160,750 at 7.89%$1,167.22
160,750 at 7.9%$1,168.34
160,750 at 7.91%$1,169.46
160,750 at 7.92%$1,170.57
160,750 at 7.93%$1,171.69
160,750 at 7.94%$1,172.81
160,750 at 7.95%$1,173.93
160,750 at 7.96%$1,175.05
160,750 at 7.97%$1,176.17
160,750 at 7.98%$1,177.29
160,750 at 7.99%$1,178.41
160,750 at 8%$1,179.53
More Amounts
What is the down payment for a $160,750 house? How much do you need to put down?
Percent Down Down Payment
1%1,608
2%3,215
3%4,823
4%6,430
5%8,038
6%9,645
7%11,253
8%12,860
9%14,468
10%16,075
11%17,683
12%19,290
13%20,898
14%22,505
15%24,113
16%25,720
17%27,328
18%28,935
19%30,543
20%32,150
Percent Down Down Payment
21%33,758
22%35,365
23%36,973
24%38,580
25%40,188
26%41,795
27%43,403
28%45,010
29%46,618
30%48,225
31%49,833
32%51,440
33%53,048
34%54,655
35%56,263
36%57,870
37%59,478
38%61,085
39%62,693
40%64,300
Percent Down Down Payment
41%65,908
42%67,515
43%69,123
44%70,730
45%72,338
46%73,945
47%75,553
48%77,160
49%78,768
50%80,375
51%81,983
52%83,590
53%85,198
54%86,805
55%88,413
56%90,020
57%91,628
58%93,235
59%94,843
60%96,450
Percent Down Down Payment
61%98,058
62%99,665
63%101,273
64%102,880
65%104,488
66%106,095
67%107,703
68%109,310
69%110,918
70%112,525
71%114,133
72%115,740
73%117,348
74%118,955
75%120,563
76%122,170
77%123,778
78%125,385
79%126,993
80%128,600
Percent Down Down Payment
81%130,208
82%131,815
83%133,423
84%135,030
85%136,638
86%138,245
87%139,853
88%141,460
89%143,068
90%144,675
91%146,283
92%147,890
93%149,498
94%151,105
95%152,713
96%154,320
97%155,928
98%157,535
99%159,143
100%160,750
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.