$250,000 House at 4.00%

What's the monthly mortgage payment on a $250,000 house? Loan price for a $250,000 house with a 4.00% interest rate.
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Monthly payment = $955
Total yearly payments = $11,458
Payments by Interest Rate
Interest Rate Payment
3.500% $898
3.625% $912
3.750% $926
3.875% $940
4.000% $955
4.125% $969
4.250% $984
4.375% $999
4.500% $1,013
Payments by Amount Down
% Down Amount Payment
3.5% $8,750 $1,152
5.0% $12,500 $1,134
7.5% $18,750 $1,104
10% $25,000 $1,074
15% $37,500 $1,015
20% $50,000 $955
25% $62,500 $895
30% $75,000 $835
50% $125,000 $597
Payments by Loan Length
Length Payment
10 years $2,025
15 years $1,479
20 years $1,212
30 years $955
40 years $836
Interest only $667

Can I afford a $250,000 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 $250,000 with a 4.00% loan:

% Down Down Payment Income Required
3.5% $8,750 $67,218
5.0% $12,500 $66,451
7.5% $18,750 $65,172
10% $25,000 $63,894
15% $37,500 $61,336
20% $50,000 $58,778
25% $62,500 $56,221
30% $75,000 $53,663
50% $125,000 $43,433