$162,250 Mortgage for 30 Years

What is the monthly payment of a 162,250 dollar loan?
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Loan Tables for a $162,250 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 162k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $162,250 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
162,250 at 2.01%$600.52
162,250 at 2.02%$601.33
162,250 at 2.03%$602.14
162,250 at 2.04%$602.96
162,250 at 2.05%$603.77
162,250 at 2.06%$604.59
162,250 at 2.07%$605.40
162,250 at 2.08%$606.22
162,250 at 2.09%$607.04
162,250 at 2.1%$607.85
162,250 at 2.11%$608.67
162,250 at 2.12%$609.49
162,250 at 2.13%$610.31
162,250 at 2.14%$611.13
162,250 at 2.15%$611.95
162,250 at 2.16%$612.77
162,250 at 2.17%$613.59
162,250 at 2.18%$614.42
162,250 at 2.19%$615.24
162,250 at 2.2%$616.06
162,250 at 2.21%$616.89
162,250 at 2.22%$617.71
162,250 at 2.23%$618.54
162,250 at 2.24%$619.37
162,250 at 2.25%$620.19
162,250 at 2.26%$621.02
162,250 at 2.27%$621.85
162,250 at 2.28%$622.68
162,250 at 2.29%$623.51
162,250 at 2.3%$624.34
162,250 at 2.31%$625.17
162,250 at 2.32%$626.00
162,250 at 2.33%$626.84
162,250 at 2.34%$627.67
162,250 at 2.35%$628.50
162,250 at 2.36%$629.34
162,250 at 2.37%$630.17
162,250 at 2.38%$631.01
162,250 at 2.39%$631.84
162,250 at 2.4%$632.68
162,250 at 2.41%$633.52
162,250 at 2.42%$634.36
162,250 at 2.43%$635.19
162,250 at 2.44%$636.03
162,250 at 2.45%$636.87
162,250 at 2.46%$637.71
162,250 at 2.47%$638.56
162,250 at 2.48%$639.40
162,250 at 2.49%$640.24
162,250 at 2.5%$641.08
162,250 at 2.51%$641.93
162,250 at 2.52%$642.77
162,250 at 2.53%$643.62
162,250 at 2.54%$644.46
162,250 at 2.55%$645.31
162,250 at 2.56%$646.16
162,250 at 2.57%$647.00
162,250 at 2.58%$647.85
162,250 at 2.59%$648.70
162,250 at 2.6%$649.55
162,250 at 2.61%$650.40
162,250 at 2.62%$651.25
162,250 at 2.63%$652.10
162,250 at 2.64%$652.96
162,250 at 2.65%$653.81
162,250 at 2.66%$654.66
162,250 at 2.67%$655.52
162,250 at 2.68%$656.37
162,250 at 2.69%$657.23
162,250 at 2.7%$658.08
162,250 at 2.71%$658.94
162,250 at 2.72%$659.80
162,250 at 2.73%$660.65
162,250 at 2.74%$661.51
162,250 at 2.75%$662.37
162,250 at 2.76%$663.23
162,250 at 2.77%$664.09
162,250 at 2.78%$664.95
162,250 at 2.79%$665.81
162,250 at 2.8%$666.68
162,250 at 2.81%$667.54
162,250 at 2.82%$668.40
162,250 at 2.83%$669.27
162,250 at 2.84%$670.13
162,250 at 2.85%$671.00
162,250 at 2.86%$671.86
162,250 at 2.87%$672.73
162,250 at 2.88%$673.60
162,250 at 2.89%$674.46
162,250 at 2.9%$675.33
162,250 at 2.91%$676.20
162,250 at 2.92%$677.07
162,250 at 2.93%$677.94
162,250 at 2.94%$678.81
162,250 at 2.95%$679.69
162,250 at 2.96%$680.56
162,250 at 2.97%$681.43
162,250 at 2.98%$682.30
162,250 at 2.99%$683.18
162,250 at 3%$684.05
162,250 at 3.01%$684.93
162,250 at 3.02%$685.80
162,250 at 3.03%$686.68
162,250 at 3.04%$687.56
162,250 at 3.05%$688.44
162,250 at 3.06%$689.31
162,250 at 3.07%$690.19
162,250 at 3.08%$691.07
162,250 at 3.09%$691.95
162,250 at 3.1%$692.83
162,250 at 3.11%$693.72
162,250 at 3.12%$694.60
162,250 at 3.13%$695.48
162,250 at 3.14%$696.36
162,250 at 3.15%$697.25
162,250 at 3.16%$698.13
162,250 at 3.17%$699.02
162,250 at 3.18%$699.90
162,250 at 3.19%$700.79
162,250 at 3.2%$701.68
162,250 at 3.21%$702.57
162,250 at 3.22%$703.45
162,250 at 3.23%$704.34
162,250 at 3.24%$705.23
162,250 at 3.25%$706.12
162,250 at 3.26%$707.01
162,250 at 3.27%$707.90
162,250 at 3.28%$708.80
162,250 at 3.29%$709.69
162,250 at 3.3%$710.58
162,250 at 3.31%$711.48
162,250 at 3.32%$712.37
162,250 at 3.33%$713.27
162,250 at 3.34%$714.16
162,250 at 3.35%$715.06
162,250 at 3.36%$715.95
162,250 at 3.37%$716.85
162,250 at 3.38%$717.75
162,250 at 3.39%$718.65
162,250 at 3.4%$719.55
162,250 at 3.41%$720.45
162,250 at 3.42%$721.35
162,250 at 3.43%$722.25
162,250 at 3.44%$723.15
162,250 at 3.45%$724.05
162,250 at 3.46%$724.96
162,250 at 3.47%$725.86
162,250 at 3.48%$726.76
162,250 at 3.49%$727.67
162,250 at 3.5%$728.58
Interest Rate 30 Year
162,250 at 3.51%$729.48
162,250 at 3.52%$730.39
162,250 at 3.53%$731.29
162,250 at 3.54%$732.20
162,250 at 3.55%$733.11
162,250 at 3.56%$734.02
162,250 at 3.57%$734.93
162,250 at 3.58%$735.84
162,250 at 3.59%$736.75
162,250 at 3.6%$737.66
162,250 at 3.61%$738.57
162,250 at 3.62%$739.49
162,250 at 3.63%$740.40
162,250 at 3.64%$741.31
162,250 at 3.65%$742.23
162,250 at 3.66%$743.14
162,250 at 3.67%$744.06
162,250 at 3.68%$744.97
162,250 at 3.69%$745.89
162,250 at 3.7%$746.81
162,250 at 3.71%$747.73
162,250 at 3.72%$748.65
162,250 at 3.73%$749.56
162,250 at 3.74%$750.48
162,250 at 3.75%$751.41
162,250 at 3.76%$752.33
162,250 at 3.77%$753.25
162,250 at 3.78%$754.17
162,250 at 3.79%$755.09
162,250 at 3.8%$756.02
162,250 at 3.81%$756.94
162,250 at 3.82%$757.86
162,250 at 3.83%$758.79
162,250 at 3.84%$759.72
162,250 at 3.85%$760.64
162,250 at 3.86%$761.57
162,250 at 3.87%$762.50
162,250 at 3.88%$763.42
162,250 at 3.89%$764.35
162,250 at 3.9%$765.28
162,250 at 3.91%$766.21
162,250 at 3.92%$767.14
162,250 at 3.93%$768.07
162,250 at 3.94%$769.00
162,250 at 3.95%$769.94
162,250 at 3.96%$770.87
162,250 at 3.97%$771.80
162,250 at 3.98%$772.74
162,250 at 3.99%$773.67
162,250 at 4%$774.61
162,250 at 4.01%$775.54
162,250 at 4.02%$776.48
162,250 at 4.03%$777.42
162,250 at 4.04%$778.35
162,250 at 4.05%$779.29
162,250 at 4.06%$780.23
162,250 at 4.07%$781.17
162,250 at 4.08%$782.11
162,250 at 4.09%$783.05
162,250 at 4.1%$783.99
162,250 at 4.11%$784.93
162,250 at 4.12%$785.87
162,250 at 4.13%$786.82
162,250 at 4.14%$787.76
162,250 at 4.15%$788.70
162,250 at 4.16%$789.65
162,250 at 4.17%$790.59
162,250 at 4.18%$791.54
162,250 at 4.19%$792.48
162,250 at 4.2%$793.43
162,250 at 4.21%$794.38
162,250 at 4.22%$795.33
162,250 at 4.23%$796.27
162,250 at 4.24%$797.22
162,250 at 4.25%$798.17
162,250 at 4.26%$799.12
162,250 at 4.27%$800.07
162,250 at 4.28%$801.02
162,250 at 4.29%$801.98
162,250 at 4.3%$802.93
162,250 at 4.31%$803.88
162,250 at 4.32%$804.84
162,250 at 4.33%$805.79
162,250 at 4.34%$806.74
162,250 at 4.35%$807.70
162,250 at 4.36%$808.66
162,250 at 4.37%$809.61
162,250 at 4.38%$810.57
162,250 at 4.39%$811.53
162,250 at 4.4%$812.48
162,250 at 4.41%$813.44
162,250 at 4.42%$814.40
162,250 at 4.43%$815.36
162,250 at 4.44%$816.32
162,250 at 4.45%$817.28
162,250 at 4.46%$818.25
162,250 at 4.47%$819.21
162,250 at 4.48%$820.17
162,250 at 4.49%$821.13
162,250 at 4.5%$822.10
162,250 at 4.51%$823.06
162,250 at 4.52%$824.03
162,250 at 4.53%$824.99
162,250 at 4.54%$825.96
162,250 at 4.55%$826.92
162,250 at 4.56%$827.89
162,250 at 4.57%$828.86
162,250 at 4.58%$829.83
162,250 at 4.59%$830.80
162,250 at 4.6%$831.77
162,250 at 4.61%$832.74
162,250 at 4.62%$833.71
162,250 at 4.63%$834.68
162,250 at 4.64%$835.65
162,250 at 4.65%$836.62
162,250 at 4.66%$837.59
162,250 at 4.67%$838.57
162,250 at 4.68%$839.54
162,250 at 4.69%$840.51
162,250 at 4.7%$841.49
162,250 at 4.71%$842.47
162,250 at 4.72%$843.44
162,250 at 4.73%$844.42
162,250 at 4.74%$845.40
162,250 at 4.75%$846.37
162,250 at 4.76%$847.35
162,250 at 4.77%$848.33
162,250 at 4.78%$849.31
162,250 at 4.79%$850.29
162,250 at 4.8%$851.27
162,250 at 4.81%$852.25
162,250 at 4.82%$853.23
162,250 at 4.83%$854.21
162,250 at 4.84%$855.20
162,250 at 4.85%$856.18
162,250 at 4.86%$857.16
162,250 at 4.87%$858.15
162,250 at 4.88%$859.13
162,250 at 4.89%$860.12
162,250 at 4.9%$861.10
162,250 at 4.91%$862.09
162,250 at 4.92%$863.08
162,250 at 4.93%$864.07
162,250 at 4.94%$865.05
162,250 at 4.95%$866.04
162,250 at 4.96%$867.03
162,250 at 4.97%$868.02
162,250 at 4.98%$869.01
162,250 at 4.99%$870.00
162,250 at 5%$870.99
Interest Rate 30 Year
162,250 at 5.01%$871.98
162,250 at 5.02%$872.98
162,250 at 5.03%$873.97
162,250 at 5.04%$874.96
162,250 at 5.05%$875.96
162,250 at 5.06%$876.95
162,250 at 5.07%$877.95
162,250 at 5.08%$878.94
162,250 at 5.09%$879.94
162,250 at 5.1%$880.94
162,250 at 5.11%$881.93
162,250 at 5.12%$882.93
162,250 at 5.13%$883.93
162,250 at 5.14%$884.93
162,250 at 5.15%$885.93
162,250 at 5.16%$886.93
162,250 at 5.17%$887.93
162,250 at 5.18%$888.93
162,250 at 5.19%$889.93
162,250 at 5.2%$890.93
162,250 at 5.21%$891.93
162,250 at 5.22%$892.94
162,250 at 5.23%$893.94
162,250 at 5.24%$894.95
162,250 at 5.25%$895.95
162,250 at 5.26%$896.96
162,250 at 5.27%$897.96
162,250 at 5.28%$898.97
162,250 at 5.29%$899.97
162,250 at 5.3%$900.98
162,250 at 5.31%$901.99
162,250 at 5.32%$903.00
162,250 at 5.33%$904.01
162,250 at 5.34%$905.02
162,250 at 5.35%$906.03
162,250 at 5.36%$907.04
162,250 at 5.37%$908.05
162,250 at 5.38%$909.06
162,250 at 5.39%$910.07
162,250 at 5.4%$911.08
162,250 at 5.41%$912.10
162,250 at 5.42%$913.11
162,250 at 5.43%$914.12
162,250 at 5.44%$915.14
162,250 at 5.45%$916.15
162,250 at 5.46%$917.17
162,250 at 5.47%$918.19
162,250 at 5.48%$919.20
162,250 at 5.49%$920.22
162,250 at 5.5%$921.24
162,250 at 5.51%$922.26
162,250 at 5.52%$923.27
162,250 at 5.53%$924.29
162,250 at 5.54%$925.31
162,250 at 5.55%$926.33
162,250 at 5.56%$927.35
162,250 at 5.57%$928.38
162,250 at 5.58%$929.40
162,250 at 5.59%$930.42
162,250 at 5.6%$931.44
162,250 at 5.61%$932.47
162,250 at 5.62%$933.49
162,250 at 5.63%$934.51
162,250 at 5.64%$935.54
162,250 at 5.65%$936.57
162,250 at 5.66%$937.59
162,250 at 5.67%$938.62
162,250 at 5.68%$939.64
162,250 at 5.69%$940.67
162,250 at 5.7%$941.70
162,250 at 5.71%$942.73
162,250 at 5.72%$943.76
162,250 at 5.73%$944.79
162,250 at 5.74%$945.82
162,250 at 5.75%$946.85
162,250 at 5.76%$947.88
162,250 at 5.77%$948.91
162,250 at 5.78%$949.94
162,250 at 5.79%$950.97
162,250 at 5.8%$952.01
162,250 at 5.81%$953.04
162,250 at 5.82%$954.07
162,250 at 5.83%$955.11
162,250 at 5.84%$956.14
162,250 at 5.85%$957.18
162,250 at 5.86%$958.22
162,250 at 5.87%$959.25
162,250 at 5.88%$960.29
162,250 at 5.89%$961.33
162,250 at 5.9%$962.36
162,250 at 5.91%$963.40
162,250 at 5.92%$964.44
162,250 at 5.93%$965.48
162,250 at 5.94%$966.52
162,250 at 5.95%$967.56
162,250 at 5.96%$968.60
162,250 at 5.97%$969.64
162,250 at 5.98%$970.69
162,250 at 5.99%$971.73
162,250 at 6%$972.77
162,250 at 6.01%$973.81
162,250 at 6.02%$974.86
162,250 at 6.03%$975.90
162,250 at 6.04%$976.95
162,250 at 6.05%$977.99
162,250 at 6.06%$979.04
162,250 at 6.07%$980.08
162,250 at 6.08%$981.13
162,250 at 6.09%$982.18
162,250 at 6.1%$983.23
162,250 at 6.11%$984.27
162,250 at 6.12%$985.32
162,250 at 6.13%$986.37
162,250 at 6.14%$987.42
162,250 at 6.15%$988.47
162,250 at 6.16%$989.52
162,250 at 6.17%$990.57
162,250 at 6.18%$991.63
162,250 at 6.19%$992.68
162,250 at 6.2%$993.73
162,250 at 6.21%$994.78
162,250 at 6.22%$995.84
162,250 at 6.23%$996.89
162,250 at 6.24%$997.95
162,250 at 6.25%$999.00
162,250 at 6.26%$1,000.06
162,250 at 6.27%$1,001.11
162,250 at 6.28%$1,002.17
162,250 at 6.29%$1,003.23
162,250 at 6.3%$1,004.28
162,250 at 6.31%$1,005.34
162,250 at 6.32%$1,006.40
162,250 at 6.33%$1,007.46
162,250 at 6.34%$1,008.52
162,250 at 6.35%$1,009.58
162,250 at 6.36%$1,010.64
162,250 at 6.37%$1,011.70
162,250 at 6.38%$1,012.76
162,250 at 6.39%$1,013.82
162,250 at 6.4%$1,014.88
162,250 at 6.41%$1,015.95
162,250 at 6.42%$1,017.01
162,250 at 6.43%$1,018.07
162,250 at 6.44%$1,019.14
162,250 at 6.45%$1,020.20
162,250 at 6.46%$1,021.27
162,250 at 6.47%$1,022.33
162,250 at 6.48%$1,023.40
162,250 at 6.49%$1,024.46
162,250 at 6.5%$1,025.53
Interest Rate 30 Year
162,250 at 6.51%$1,026.60
162,250 at 6.52%$1,027.67
162,250 at 6.53%$1,028.73
162,250 at 6.54%$1,029.80
162,250 at 6.55%$1,030.87
162,250 at 6.56%$1,031.94
162,250 at 6.57%$1,033.01
162,250 at 6.58%$1,034.08
162,250 at 6.59%$1,035.15
162,250 at 6.6%$1,036.22
162,250 at 6.61%$1,037.30
162,250 at 6.62%$1,038.37
162,250 at 6.63%$1,039.44
162,250 at 6.64%$1,040.51
162,250 at 6.65%$1,041.59
162,250 at 6.66%$1,042.66
162,250 at 6.67%$1,043.74
162,250 at 6.68%$1,044.81
162,250 at 6.69%$1,045.89
162,250 at 6.7%$1,046.96
162,250 at 6.71%$1,048.04
162,250 at 6.72%$1,049.12
162,250 at 6.73%$1,050.19
162,250 at 6.74%$1,051.27
162,250 at 6.75%$1,052.35
162,250 at 6.76%$1,053.43
162,250 at 6.77%$1,054.51
162,250 at 6.78%$1,055.59
162,250 at 6.79%$1,056.67
162,250 at 6.8%$1,057.75
162,250 at 6.81%$1,058.83
162,250 at 6.82%$1,059.91
162,250 at 6.83%$1,060.99
162,250 at 6.84%$1,062.08
162,250 at 6.85%$1,063.16
162,250 at 6.86%$1,064.24
162,250 at 6.87%$1,065.32
162,250 at 6.88%$1,066.41
162,250 at 6.89%$1,067.49
162,250 at 6.9%$1,068.58
162,250 at 6.91%$1,069.66
162,250 at 6.92%$1,070.75
162,250 at 6.93%$1,071.84
162,250 at 6.94%$1,072.92
162,250 at 6.95%$1,074.01
162,250 at 6.96%$1,075.10
162,250 at 6.97%$1,076.19
162,250 at 6.98%$1,077.27
162,250 at 6.99%$1,078.36
162,250 at 7%$1,079.45
162,250 at 7.01%$1,080.54
162,250 at 7.02%$1,081.63
162,250 at 7.03%$1,082.72
162,250 at 7.04%$1,083.82
162,250 at 7.05%$1,084.91
162,250 at 7.06%$1,086.00
162,250 at 7.07%$1,087.09
162,250 at 7.08%$1,088.18
162,250 at 7.09%$1,089.28
162,250 at 7.1%$1,090.37
162,250 at 7.11%$1,091.47
162,250 at 7.12%$1,092.56
162,250 at 7.13%$1,093.66
162,250 at 7.14%$1,094.75
162,250 at 7.15%$1,095.85
162,250 at 7.16%$1,096.94
162,250 at 7.17%$1,098.04
162,250 at 7.18%$1,099.14
162,250 at 7.19%$1,100.24
162,250 at 7.2%$1,101.33
162,250 at 7.21%$1,102.43
162,250 at 7.22%$1,103.53
162,250 at 7.23%$1,104.63
162,250 at 7.24%$1,105.73
162,250 at 7.25%$1,106.83
162,250 at 7.26%$1,107.93
162,250 at 7.27%$1,109.03
162,250 at 7.28%$1,110.13
162,250 at 7.29%$1,111.24
162,250 at 7.3%$1,112.34
162,250 at 7.31%$1,113.44
162,250 at 7.32%$1,114.54
162,250 at 7.33%$1,115.65
162,250 at 7.34%$1,116.75
162,250 at 7.35%$1,117.86
162,250 at 7.36%$1,118.96
162,250 at 7.37%$1,120.07
162,250 at 7.38%$1,121.17
162,250 at 7.39%$1,122.28
162,250 at 7.4%$1,123.39
162,250 at 7.41%$1,124.49
162,250 at 7.42%$1,125.60
162,250 at 7.43%$1,126.71
162,250 at 7.44%$1,127.82
162,250 at 7.45%$1,128.93
162,250 at 7.46%$1,130.03
162,250 at 7.47%$1,131.14
162,250 at 7.48%$1,132.25
162,250 at 7.49%$1,133.36
162,250 at 7.5%$1,134.48
162,250 at 7.51%$1,135.59
162,250 at 7.52%$1,136.70
162,250 at 7.53%$1,137.81
162,250 at 7.54%$1,138.92
162,250 at 7.55%$1,140.04
162,250 at 7.56%$1,141.15
162,250 at 7.57%$1,142.26
162,250 at 7.58%$1,143.38
162,250 at 7.59%$1,144.49
162,250 at 7.6%$1,145.61
162,250 at 7.61%$1,146.72
162,250 at 7.62%$1,147.84
162,250 at 7.63%$1,148.95
162,250 at 7.64%$1,150.07
162,250 at 7.65%$1,151.19
162,250 at 7.66%$1,152.30
162,250 at 7.67%$1,153.42
162,250 at 7.68%$1,154.54
162,250 at 7.69%$1,155.66
162,250 at 7.7%$1,156.78
162,250 at 7.71%$1,157.90
162,250 at 7.72%$1,159.02
162,250 at 7.73%$1,160.14
162,250 at 7.74%$1,161.26
162,250 at 7.75%$1,162.38
162,250 at 7.76%$1,163.50
162,250 at 7.77%$1,164.62
162,250 at 7.78%$1,165.74
162,250 at 7.79%$1,166.87
162,250 at 7.8%$1,167.99
162,250 at 7.81%$1,169.11
162,250 at 7.82%$1,170.24
162,250 at 7.83%$1,171.36
162,250 at 7.84%$1,172.49
162,250 at 7.85%$1,173.61
162,250 at 7.86%$1,174.74
162,250 at 7.87%$1,175.86
162,250 at 7.88%$1,176.99
162,250 at 7.89%$1,178.11
162,250 at 7.9%$1,179.24
162,250 at 7.91%$1,180.37
162,250 at 7.92%$1,181.50
162,250 at 7.93%$1,182.63
162,250 at 7.94%$1,183.75
162,250 at 7.95%$1,184.88
162,250 at 7.96%$1,186.01
162,250 at 7.97%$1,187.14
162,250 at 7.98%$1,188.27
162,250 at 7.99%$1,189.40
162,250 at 8%$1,190.53
More Amounts
What is the down payment for a $162,250 house? How much do you need to put down?
Percent Down Down Payment
1%1,623
2%3,245
3%4,868
4%6,490
5%8,113
6%9,735
7%11,358
8%12,980
9%14,603
10%16,225
11%17,848
12%19,470
13%21,093
14%22,715
15%24,338
16%25,960
17%27,583
18%29,205
19%30,828
20%32,450
Percent Down Down Payment
21%34,073
22%35,695
23%37,318
24%38,940
25%40,563
26%42,185
27%43,808
28%45,430
29%47,053
30%48,675
31%50,298
32%51,920
33%53,543
34%55,165
35%56,788
36%58,410
37%60,033
38%61,655
39%63,278
40%64,900
Percent Down Down Payment
41%66,523
42%68,145
43%69,768
44%71,390
45%73,013
46%74,635
47%76,258
48%77,880
49%79,503
50%81,125
51%82,748
52%84,370
53%85,993
54%87,615
55%89,238
56%90,860
57%92,483
58%94,105
59%95,728
60%97,350
Percent Down Down Payment
61%98,973
62%100,595
63%102,218
64%103,840
65%105,463
66%107,085
67%108,708
68%110,330
69%111,953
70%113,575
71%115,198
72%116,820
73%118,443
74%120,065
75%121,688
76%123,310
77%124,933
78%126,555
79%128,178
80%129,800
Percent Down Down Payment
81%131,423
82%133,045
83%134,668
84%136,290
85%137,913
86%139,535
87%141,158
88%142,780
89%144,403
90%146,025
91%147,648
92%149,270
93%150,893
94%152,515
95%154,138
96%155,760
97%157,383
98%159,005
99%160,628
100%162,250
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.