$161,300 Mortgage for 30 Years

What is the monthly payment of a 161,300 dollar loan?
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Loan Tables for a $161,300 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 $161,300 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
161,300 at 2.01%$597.00
161,300 at 2.02%$597.81
161,300 at 2.03%$598.62
161,300 at 2.04%$599.43
161,300 at 2.05%$600.24
161,300 at 2.06%$601.05
161,300 at 2.07%$601.86
161,300 at 2.08%$602.67
161,300 at 2.09%$603.48
161,300 at 2.1%$604.29
161,300 at 2.11%$605.11
161,300 at 2.12%$605.92
161,300 at 2.13%$606.74
161,300 at 2.14%$607.55
161,300 at 2.15%$608.37
161,300 at 2.16%$609.18
161,300 at 2.17%$610.00
161,300 at 2.18%$610.82
161,300 at 2.19%$611.64
161,300 at 2.2%$612.46
161,300 at 2.21%$613.28
161,300 at 2.22%$614.10
161,300 at 2.23%$614.92
161,300 at 2.24%$615.74
161,300 at 2.25%$616.56
161,300 at 2.26%$617.39
161,300 at 2.27%$618.21
161,300 at 2.28%$619.03
161,300 at 2.29%$619.86
161,300 at 2.3%$620.68
161,300 at 2.31%$621.51
161,300 at 2.32%$622.34
161,300 at 2.33%$623.17
161,300 at 2.34%$623.99
161,300 at 2.35%$624.82
161,300 at 2.36%$625.65
161,300 at 2.37%$626.48
161,300 at 2.38%$627.31
161,300 at 2.39%$628.14
161,300 at 2.4%$628.98
161,300 at 2.41%$629.81
161,300 at 2.42%$630.64
161,300 at 2.43%$631.48
161,300 at 2.44%$632.31
161,300 at 2.45%$633.14
161,300 at 2.46%$633.98
161,300 at 2.47%$634.82
161,300 at 2.48%$635.65
161,300 at 2.49%$636.49
161,300 at 2.5%$637.33
161,300 at 2.51%$638.17
161,300 at 2.52%$639.01
161,300 at 2.53%$639.85
161,300 at 2.54%$640.69
161,300 at 2.55%$641.53
161,300 at 2.56%$642.37
161,300 at 2.57%$643.22
161,300 at 2.58%$644.06
161,300 at 2.59%$644.90
161,300 at 2.6%$645.75
161,300 at 2.61%$646.59
161,300 at 2.62%$647.44
161,300 at 2.63%$648.29
161,300 at 2.64%$649.13
161,300 at 2.65%$649.98
161,300 at 2.66%$650.83
161,300 at 2.67%$651.68
161,300 at 2.68%$652.53
161,300 at 2.69%$653.38
161,300 at 2.7%$654.23
161,300 at 2.71%$655.08
161,300 at 2.72%$655.93
161,300 at 2.73%$656.79
161,300 at 2.74%$657.64
161,300 at 2.75%$658.49
161,300 at 2.76%$659.35
161,300 at 2.77%$660.20
161,300 at 2.78%$661.06
161,300 at 2.79%$661.92
161,300 at 2.8%$662.77
161,300 at 2.81%$663.63
161,300 at 2.82%$664.49
161,300 at 2.83%$665.35
161,300 at 2.84%$666.21
161,300 at 2.85%$667.07
161,300 at 2.86%$667.93
161,300 at 2.87%$668.79
161,300 at 2.88%$669.65
161,300 at 2.89%$670.52
161,300 at 2.9%$671.38
161,300 at 2.91%$672.24
161,300 at 2.92%$673.11
161,300 at 2.93%$673.97
161,300 at 2.94%$674.84
161,300 at 2.95%$675.71
161,300 at 2.96%$676.57
161,300 at 2.97%$677.44
161,300 at 2.98%$678.31
161,300 at 2.99%$679.18
161,300 at 3%$680.05
161,300 at 3.01%$680.92
161,300 at 3.02%$681.79
161,300 at 3.03%$682.66
161,300 at 3.04%$683.53
161,300 at 3.05%$684.40
161,300 at 3.06%$685.28
161,300 at 3.07%$686.15
161,300 at 3.08%$687.03
161,300 at 3.09%$687.90
161,300 at 3.1%$688.78
161,300 at 3.11%$689.65
161,300 at 3.12%$690.53
161,300 at 3.13%$691.41
161,300 at 3.14%$692.29
161,300 at 3.15%$693.17
161,300 at 3.16%$694.05
161,300 at 3.17%$694.93
161,300 at 3.18%$695.81
161,300 at 3.19%$696.69
161,300 at 3.2%$697.57
161,300 at 3.21%$698.45
161,300 at 3.22%$699.33
161,300 at 3.23%$700.22
161,300 at 3.24%$701.10
161,300 at 3.25%$701.99
161,300 at 3.26%$702.87
161,300 at 3.27%$703.76
161,300 at 3.28%$704.65
161,300 at 3.29%$705.53
161,300 at 3.3%$706.42
161,300 at 3.31%$707.31
161,300 at 3.32%$708.20
161,300 at 3.33%$709.09
161,300 at 3.34%$709.98
161,300 at 3.35%$710.87
161,300 at 3.36%$711.76
161,300 at 3.37%$712.65
161,300 at 3.38%$713.55
161,300 at 3.39%$714.44
161,300 at 3.4%$715.34
161,300 at 3.41%$716.23
161,300 at 3.42%$717.13
161,300 at 3.43%$718.02
161,300 at 3.44%$718.92
161,300 at 3.45%$719.81
161,300 at 3.46%$720.71
161,300 at 3.47%$721.61
161,300 at 3.48%$722.51
161,300 at 3.49%$723.41
161,300 at 3.5%$724.31
Interest Rate 30 Year
161,300 at 3.51%$725.21
161,300 at 3.52%$726.11
161,300 at 3.53%$727.01
161,300 at 3.54%$727.92
161,300 at 3.55%$728.82
161,300 at 3.56%$729.72
161,300 at 3.57%$730.63
161,300 at 3.58%$731.53
161,300 at 3.59%$732.44
161,300 at 3.6%$733.34
161,300 at 3.61%$734.25
161,300 at 3.62%$735.16
161,300 at 3.63%$736.06
161,300 at 3.64%$736.97
161,300 at 3.65%$737.88
161,300 at 3.66%$738.79
161,300 at 3.67%$739.70
161,300 at 3.68%$740.61
161,300 at 3.69%$741.52
161,300 at 3.7%$742.44
161,300 at 3.71%$743.35
161,300 at 3.72%$744.26
161,300 at 3.73%$745.18
161,300 at 3.74%$746.09
161,300 at 3.75%$747.01
161,300 at 3.76%$747.92
161,300 at 3.77%$748.84
161,300 at 3.78%$749.75
161,300 at 3.79%$750.67
161,300 at 3.8%$751.59
161,300 at 3.81%$752.51
161,300 at 3.82%$753.43
161,300 at 3.83%$754.35
161,300 at 3.84%$755.27
161,300 at 3.85%$756.19
161,300 at 3.86%$757.11
161,300 at 3.87%$758.03
161,300 at 3.88%$758.95
161,300 at 3.89%$759.88
161,300 at 3.9%$760.80
161,300 at 3.91%$761.73
161,300 at 3.92%$762.65
161,300 at 3.93%$763.58
161,300 at 3.94%$764.50
161,300 at 3.95%$765.43
161,300 at 3.96%$766.36
161,300 at 3.97%$767.28
161,300 at 3.98%$768.21
161,300 at 3.99%$769.14
161,300 at 4%$770.07
161,300 at 4.01%$771.00
161,300 at 4.02%$771.93
161,300 at 4.03%$772.86
161,300 at 4.04%$773.80
161,300 at 4.05%$774.73
161,300 at 4.06%$775.66
161,300 at 4.07%$776.59
161,300 at 4.08%$777.53
161,300 at 4.09%$778.46
161,300 at 4.1%$779.40
161,300 at 4.11%$780.33
161,300 at 4.12%$781.27
161,300 at 4.13%$782.21
161,300 at 4.14%$783.15
161,300 at 4.15%$784.08
161,300 at 4.16%$785.02
161,300 at 4.17%$785.96
161,300 at 4.18%$786.90
161,300 at 4.19%$787.84
161,300 at 4.2%$788.78
161,300 at 4.21%$789.73
161,300 at 4.22%$790.67
161,300 at 4.23%$791.61
161,300 at 4.24%$792.56
161,300 at 4.25%$793.50
161,300 at 4.26%$794.44
161,300 at 4.27%$795.39
161,300 at 4.28%$796.33
161,300 at 4.29%$797.28
161,300 at 4.3%$798.23
161,300 at 4.31%$799.18
161,300 at 4.32%$800.12
161,300 at 4.33%$801.07
161,300 at 4.34%$802.02
161,300 at 4.35%$802.97
161,300 at 4.36%$803.92
161,300 at 4.37%$804.87
161,300 at 4.38%$805.82
161,300 at 4.39%$806.77
161,300 at 4.4%$807.73
161,300 at 4.41%$808.68
161,300 at 4.42%$809.63
161,300 at 4.43%$810.59
161,300 at 4.44%$811.54
161,300 at 4.45%$812.50
161,300 at 4.46%$813.45
161,300 at 4.47%$814.41
161,300 at 4.48%$815.37
161,300 at 4.49%$816.33
161,300 at 4.5%$817.28
161,300 at 4.51%$818.24
161,300 at 4.52%$819.20
161,300 at 4.53%$820.16
161,300 at 4.54%$821.12
161,300 at 4.55%$822.08
161,300 at 4.56%$823.04
161,300 at 4.57%$824.01
161,300 at 4.58%$824.97
161,300 at 4.59%$825.93
161,300 at 4.6%$826.90
161,300 at 4.61%$827.86
161,300 at 4.62%$828.82
161,300 at 4.63%$829.79
161,300 at 4.64%$830.76
161,300 at 4.65%$831.72
161,300 at 4.66%$832.69
161,300 at 4.67%$833.66
161,300 at 4.68%$834.62
161,300 at 4.69%$835.59
161,300 at 4.7%$836.56
161,300 at 4.71%$837.53
161,300 at 4.72%$838.50
161,300 at 4.73%$839.47
161,300 at 4.74%$840.45
161,300 at 4.75%$841.42
161,300 at 4.76%$842.39
161,300 at 4.77%$843.36
161,300 at 4.78%$844.34
161,300 at 4.79%$845.31
161,300 at 4.8%$846.29
161,300 at 4.81%$847.26
161,300 at 4.82%$848.24
161,300 at 4.83%$849.21
161,300 at 4.84%$850.19
161,300 at 4.85%$851.17
161,300 at 4.86%$852.14
161,300 at 4.87%$853.12
161,300 at 4.88%$854.10
161,300 at 4.89%$855.08
161,300 at 4.9%$856.06
161,300 at 4.91%$857.04
161,300 at 4.92%$858.02
161,300 at 4.93%$859.01
161,300 at 4.94%$859.99
161,300 at 4.95%$860.97
161,300 at 4.96%$861.95
161,300 at 4.97%$862.94
161,300 at 4.98%$863.92
161,300 at 4.99%$864.91
161,300 at 5%$865.89
Interest Rate 30 Year
161,300 at 5.01%$866.88
161,300 at 5.02%$867.87
161,300 at 5.03%$868.85
161,300 at 5.04%$869.84
161,300 at 5.05%$870.83
161,300 at 5.06%$871.82
161,300 at 5.07%$872.81
161,300 at 5.08%$873.80
161,300 at 5.09%$874.79
161,300 at 5.1%$875.78
161,300 at 5.11%$876.77
161,300 at 5.12%$877.76
161,300 at 5.13%$878.75
161,300 at 5.14%$879.75
161,300 at 5.15%$880.74
161,300 at 5.16%$881.73
161,300 at 5.17%$882.73
161,300 at 5.18%$883.72
161,300 at 5.19%$884.72
161,300 at 5.2%$885.72
161,300 at 5.21%$886.71
161,300 at 5.22%$887.71
161,300 at 5.23%$888.71
161,300 at 5.24%$889.71
161,300 at 5.25%$890.70
161,300 at 5.26%$891.70
161,300 at 5.27%$892.70
161,300 at 5.28%$893.70
161,300 at 5.29%$894.70
161,300 at 5.3%$895.71
161,300 at 5.31%$896.71
161,300 at 5.32%$897.71
161,300 at 5.33%$898.71
161,300 at 5.34%$899.72
161,300 at 5.35%$900.72
161,300 at 5.36%$901.73
161,300 at 5.37%$902.73
161,300 at 5.38%$903.74
161,300 at 5.39%$904.74
161,300 at 5.4%$905.75
161,300 at 5.41%$906.76
161,300 at 5.42%$907.76
161,300 at 5.43%$908.77
161,300 at 5.44%$909.78
161,300 at 5.45%$910.79
161,300 at 5.46%$911.80
161,300 at 5.47%$912.81
161,300 at 5.48%$913.82
161,300 at 5.49%$914.83
161,300 at 5.5%$915.84
161,300 at 5.51%$916.86
161,300 at 5.52%$917.87
161,300 at 5.53%$918.88
161,300 at 5.54%$919.90
161,300 at 5.55%$920.91
161,300 at 5.56%$921.92
161,300 at 5.57%$922.94
161,300 at 5.58%$923.96
161,300 at 5.59%$924.97
161,300 at 5.6%$925.99
161,300 at 5.61%$927.01
161,300 at 5.62%$928.02
161,300 at 5.63%$929.04
161,300 at 5.64%$930.06
161,300 at 5.65%$931.08
161,300 at 5.66%$932.10
161,300 at 5.67%$933.12
161,300 at 5.68%$934.14
161,300 at 5.69%$935.16
161,300 at 5.7%$936.19
161,300 at 5.71%$937.21
161,300 at 5.72%$938.23
161,300 at 5.73%$939.25
161,300 at 5.74%$940.28
161,300 at 5.75%$941.30
161,300 at 5.76%$942.33
161,300 at 5.77%$943.35
161,300 at 5.78%$944.38
161,300 at 5.79%$945.41
161,300 at 5.8%$946.43
161,300 at 5.81%$947.46
161,300 at 5.82%$948.49
161,300 at 5.83%$949.52
161,300 at 5.84%$950.55
161,300 at 5.85%$951.57
161,300 at 5.86%$952.60
161,300 at 5.87%$953.64
161,300 at 5.88%$954.67
161,300 at 5.89%$955.70
161,300 at 5.9%$956.73
161,300 at 5.91%$957.76
161,300 at 5.92%$958.79
161,300 at 5.93%$959.83
161,300 at 5.94%$960.86
161,300 at 5.95%$961.90
161,300 at 5.96%$962.93
161,300 at 5.97%$963.97
161,300 at 5.98%$965.00
161,300 at 5.99%$966.04
161,300 at 6%$967.07
161,300 at 6.01%$968.11
161,300 at 6.02%$969.15
161,300 at 6.03%$970.19
161,300 at 6.04%$971.23
161,300 at 6.05%$972.27
161,300 at 6.06%$973.31
161,300 at 6.07%$974.35
161,300 at 6.08%$975.39
161,300 at 6.09%$976.43
161,300 at 6.1%$977.47
161,300 at 6.11%$978.51
161,300 at 6.12%$979.55
161,300 at 6.13%$980.60
161,300 at 6.14%$981.64
161,300 at 6.15%$982.69
161,300 at 6.16%$983.73
161,300 at 6.17%$984.77
161,300 at 6.18%$985.82
161,300 at 6.19%$986.87
161,300 at 6.2%$987.91
161,300 at 6.21%$988.96
161,300 at 6.22%$990.01
161,300 at 6.23%$991.05
161,300 at 6.24%$992.10
161,300 at 6.25%$993.15
161,300 at 6.26%$994.20
161,300 at 6.27%$995.25
161,300 at 6.28%$996.30
161,300 at 6.29%$997.35
161,300 at 6.3%$998.40
161,300 at 6.31%$999.45
161,300 at 6.32%$1,000.51
161,300 at 6.33%$1,001.56
161,300 at 6.34%$1,002.61
161,300 at 6.35%$1,003.67
161,300 at 6.36%$1,004.72
161,300 at 6.37%$1,005.77
161,300 at 6.38%$1,006.83
161,300 at 6.39%$1,007.89
161,300 at 6.4%$1,008.94
161,300 at 6.41%$1,010.00
161,300 at 6.42%$1,011.05
161,300 at 6.43%$1,012.11
161,300 at 6.44%$1,013.17
161,300 at 6.45%$1,014.23
161,300 at 6.46%$1,015.29
161,300 at 6.47%$1,016.35
161,300 at 6.48%$1,017.41
161,300 at 6.49%$1,018.47
161,300 at 6.5%$1,019.53
Interest Rate 30 Year
161,300 at 6.51%$1,020.59
161,300 at 6.52%$1,021.65
161,300 at 6.53%$1,022.71
161,300 at 6.54%$1,023.77
161,300 at 6.55%$1,024.84
161,300 at 6.56%$1,025.90
161,300 at 6.57%$1,026.96
161,300 at 6.58%$1,028.03
161,300 at 6.59%$1,029.09
161,300 at 6.6%$1,030.16
161,300 at 6.61%$1,031.22
161,300 at 6.62%$1,032.29
161,300 at 6.63%$1,033.35
161,300 at 6.64%$1,034.42
161,300 at 6.65%$1,035.49
161,300 at 6.66%$1,036.56
161,300 at 6.67%$1,037.63
161,300 at 6.68%$1,038.69
161,300 at 6.69%$1,039.76
161,300 at 6.7%$1,040.83
161,300 at 6.71%$1,041.90
161,300 at 6.72%$1,042.97
161,300 at 6.73%$1,044.05
161,300 at 6.74%$1,045.12
161,300 at 6.75%$1,046.19
161,300 at 6.76%$1,047.26
161,300 at 6.77%$1,048.33
161,300 at 6.78%$1,049.41
161,300 at 6.79%$1,050.48
161,300 at 6.8%$1,051.56
161,300 at 6.81%$1,052.63
161,300 at 6.82%$1,053.71
161,300 at 6.83%$1,054.78
161,300 at 6.84%$1,055.86
161,300 at 6.85%$1,056.93
161,300 at 6.86%$1,058.01
161,300 at 6.87%$1,059.09
161,300 at 6.88%$1,060.17
161,300 at 6.89%$1,061.24
161,300 at 6.9%$1,062.32
161,300 at 6.91%$1,063.40
161,300 at 6.92%$1,064.48
161,300 at 6.93%$1,065.56
161,300 at 6.94%$1,066.64
161,300 at 6.95%$1,067.72
161,300 at 6.96%$1,068.80
161,300 at 6.97%$1,069.89
161,300 at 6.98%$1,070.97
161,300 at 6.99%$1,072.05
161,300 at 7%$1,073.13
161,300 at 7.01%$1,074.22
161,300 at 7.02%$1,075.30
161,300 at 7.03%$1,076.38
161,300 at 7.04%$1,077.47
161,300 at 7.05%$1,078.55
161,300 at 7.06%$1,079.64
161,300 at 7.07%$1,080.73
161,300 at 7.08%$1,081.81
161,300 at 7.09%$1,082.90
161,300 at 7.1%$1,083.99
161,300 at 7.11%$1,085.08
161,300 at 7.12%$1,086.16
161,300 at 7.13%$1,087.25
161,300 at 7.14%$1,088.34
161,300 at 7.15%$1,089.43
161,300 at 7.16%$1,090.52
161,300 at 7.17%$1,091.61
161,300 at 7.18%$1,092.70
161,300 at 7.19%$1,093.79
161,300 at 7.2%$1,094.89
161,300 at 7.21%$1,095.98
161,300 at 7.22%$1,097.07
161,300 at 7.23%$1,098.16
161,300 at 7.24%$1,099.26
161,300 at 7.25%$1,100.35
161,300 at 7.26%$1,101.44
161,300 at 7.27%$1,102.54
161,300 at 7.28%$1,103.63
161,300 at 7.29%$1,104.73
161,300 at 7.3%$1,105.83
161,300 at 7.31%$1,106.92
161,300 at 7.32%$1,108.02
161,300 at 7.33%$1,109.12
161,300 at 7.34%$1,110.21
161,300 at 7.35%$1,111.31
161,300 at 7.36%$1,112.41
161,300 at 7.37%$1,113.51
161,300 at 7.38%$1,114.61
161,300 at 7.39%$1,115.71
161,300 at 7.4%$1,116.81
161,300 at 7.41%$1,117.91
161,300 at 7.42%$1,119.01
161,300 at 7.43%$1,120.11
161,300 at 7.44%$1,121.21
161,300 at 7.45%$1,122.32
161,300 at 7.46%$1,123.42
161,300 at 7.47%$1,124.52
161,300 at 7.48%$1,125.62
161,300 at 7.49%$1,126.73
161,300 at 7.5%$1,127.83
161,300 at 7.51%$1,128.94
161,300 at 7.52%$1,130.04
161,300 at 7.53%$1,131.15
161,300 at 7.54%$1,132.25
161,300 at 7.55%$1,133.36
161,300 at 7.56%$1,134.47
161,300 at 7.57%$1,135.57
161,300 at 7.58%$1,136.68
161,300 at 7.59%$1,137.79
161,300 at 7.6%$1,138.90
161,300 at 7.61%$1,140.01
161,300 at 7.62%$1,141.12
161,300 at 7.63%$1,142.23
161,300 at 7.64%$1,143.34
161,300 at 7.65%$1,144.45
161,300 at 7.66%$1,145.56
161,300 at 7.67%$1,146.67
161,300 at 7.68%$1,147.78
161,300 at 7.69%$1,148.89
161,300 at 7.7%$1,150.00
161,300 at 7.71%$1,151.12
161,300 at 7.72%$1,152.23
161,300 at 7.73%$1,153.34
161,300 at 7.74%$1,154.46
161,300 at 7.75%$1,155.57
161,300 at 7.76%$1,156.69
161,300 at 7.77%$1,157.80
161,300 at 7.78%$1,158.92
161,300 at 7.79%$1,160.03
161,300 at 7.8%$1,161.15
161,300 at 7.81%$1,162.27
161,300 at 7.82%$1,163.39
161,300 at 7.83%$1,164.50
161,300 at 7.84%$1,165.62
161,300 at 7.85%$1,166.74
161,300 at 7.86%$1,167.86
161,300 at 7.87%$1,168.98
161,300 at 7.88%$1,170.10
161,300 at 7.89%$1,171.22
161,300 at 7.9%$1,172.34
161,300 at 7.91%$1,173.46
161,300 at 7.92%$1,174.58
161,300 at 7.93%$1,175.70
161,300 at 7.94%$1,176.82
161,300 at 7.95%$1,177.94
161,300 at 7.96%$1,179.07
161,300 at 7.97%$1,180.19
161,300 at 7.98%$1,181.31
161,300 at 7.99%$1,182.44
161,300 at 8%$1,183.56
More Amounts
What is the down payment for a $161,300 house? How much do you need to put down?
Percent Down Down Payment
1%1,613
2%3,226
3%4,839
4%6,452
5%8,065
6%9,678
7%11,291
8%12,904
9%14,517
10%16,130
11%17,743
12%19,356
13%20,969
14%22,582
15%24,195
16%25,808
17%27,421
18%29,034
19%30,647
20%32,260
Percent Down Down Payment
21%33,873
22%35,486
23%37,099
24%38,712
25%40,325
26%41,938
27%43,551
28%45,164
29%46,777
30%48,390
31%50,003
32%51,616
33%53,229
34%54,842
35%56,455
36%58,068
37%59,681
38%61,294
39%62,907
40%64,520
Percent Down Down Payment
41%66,133
42%67,746
43%69,359
44%70,972
45%72,585
46%74,198
47%75,811
48%77,424
49%79,037
50%80,650
51%82,263
52%83,876
53%85,489
54%87,102
55%88,715
56%90,328
57%91,941
58%93,554
59%95,167
60%96,780
Percent Down Down Payment
61%98,393
62%100,006
63%101,619
64%103,232
65%104,845
66%106,458
67%108,071
68%109,684
69%111,297
70%112,910
71%114,523
72%116,136
73%117,749
74%119,362
75%120,975
76%122,588
77%124,201
78%125,814
79%127,427
80%129,040
Percent Down Down Payment
81%130,653
82%132,266
83%133,879
84%135,492
85%137,105
86%138,718
87%140,331
88%141,944
89%143,557
90%145,170
91%146,783
92%148,396
93%150,009
94%151,622
95%153,235
96%154,848
97%156,461
98%158,074
99%159,687
100%161,300
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.