$130,000 House at 4.00%

What's the monthly mortgage payment on a $130,000 house? Loan price for a $130,000 house with a 4.00% interest rate.
$
$
%
%
Monthly payment = $497
Total yearly payments = $5,958
Payments by Interest Rate
Interest Rate Payment
3.500% $467
3.625% $474
3.750% $482
3.875% $489
4.000% $497
4.125% $504
4.250% $512
4.375% $519
4.500% $527
Payments by Amount Down
% Down Amount Payment
3.5% $4,550 $599
5.0% $6,500 $590
7.5% $9,750 $574
10% $13,000 $559
15% $19,500 $528
20% $26,000 $497
25% $32,500 $465
30% $39,000 $434
50% $65,000 $310
Payments by Loan Length
Length Payment
10 years $1,053
15 years $769
20 years $630
30 years $497
40 years $435
Interest only $347

Can I afford a $130,000 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 $130,000 with a 4.00% loan:

% Down Down Payment Income Required
3.5% $4,550 $34,954
5.0% $6,500 $34,555
7.5% $9,750 $33,890
10% $13,000 $33,225
15% $19,500 $31,895
20% $26,000 $30,565
25% $32,500 $29,235
30% $39,000 $27,905
50% $65,000 $22,585