$160,000 House at 3.75%

What's the monthly mortgage payment on a $160,000 house? Loan price for a $160,000 house with a 3.75% interest rate.
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Monthly payment = $593
Total yearly payments = $7,113
Payments by Interest Rate
Interest Rate Payment
3.250% $557
3.375% $566
3.500% $575
3.625% $584
3.750% $593
3.875% $602
4.000% $611
4.125% $620
4.250% $630
Payments by Amount Down
% Down Amount Payment
3.5% $5,600 $715
5.0% $8,000 $704
7.5% $12,000 $685
10% $16,000 $667
15% $24,000 $630
20% $32,000 $593
25% $40,000 $556
30% $48,000 $519
50% $80,000 $370
Payments by Loan Length
Length Payment
10 years $1,281
15 years $931
20 years $759
30 years $593
40 years $515
Interest only $400

Can I afford a $160,000 house?

Traditionally, the "28% rule" means a person should not spend more than 28% of their pre-tax income on total housing costs.

Let's assume that taxes and insurance are 2% of the house price annually. Here's how much you'd have to make to afford a house that costs $160,000 with a 3.75% loan:

% Down Down Payment Income Required
3.5% $5,600 $42,074
5.0% $8,000 $41,597
7.5% $12,000 $40,803
10% $16,000 $40,009
15% $24,000 $38,422
20% $32,000 $36,834
25% $40,000 $35,246
30% $48,000 $33,658
50% $80,000 $27,307