$160,000 House at 4.00%

What's the monthly mortgage payment on a $160,000 house? Loan price for a $160,000 house with a 4.00% interest rate.
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Monthly payment = $611
Total yearly payments = $7,333
Payments by Interest Rate
Interest Rate Payment
3.500% $575
3.625% $584
3.750% $593
3.875% $602
4.000% $611
4.125% $620
4.250% $630
4.375% $639
4.500% $649
Payments by Amount Down
% Down Amount Payment
3.5% $5,600 $737
5.0% $8,000 $726
7.5% $12,000 $707
10% $16,000 $687
15% $24,000 $649
20% $32,000 $611
25% $40,000 $573
30% $48,000 $535
50% $80,000 $382
Payments by Loan Length
Length Payment
10 years $1,296
15 years $947
20 years $776
30 years $611
40 years $535
Interest only $427

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 4.00% loan:

% Down Down Payment Income Required
3.5% $5,600 $43,020
5.0% $8,000 $42,529
7.5% $12,000 $41,710
10% $16,000 $40,892
15% $24,000 $39,255
20% $32,000 $37,618
25% $40,000 $35,981
30% $48,000 $34,345
50% $80,000 $27,797