$30,000 House at 4.00%

What's the monthly mortgage payment on a $30,000 house? Loan price for a $30,000 house with a 4.00% interest rate.
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Monthly payment = $115
Total yearly payments = $1,375
Payments by Interest Rate
Interest Rate Payment
3.500% $108
3.625% $109
3.750% $111
3.875% $113
4.000% $115
4.125% $116
4.250% $118
4.375% $120
4.500% $122
Payments by Amount Down
% Down Amount Payment
3.5% $1,050 $138
5.0% $1,500 $136
7.5% $2,250 $132
10% $3,000 $129
15% $4,500 $122
20% $6,000 $115
25% $7,500 $107
30% $9,000 $100
50% $15,000 $72
Payments by Loan Length
Length Payment
10 years $243
15 years $178
20 years $145
30 years $115
40 years $100
Interest only $80

Can I afford a $30,000 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 $30,000 with a 4.00% loan:

% Down Down Payment Income Required
3.5% $1,050 $8,066
5.0% $1,500 $7,974
7.5% $2,250 $7,821
10% $3,000 $7,667
15% $4,500 $7,360
20% $6,000 $7,053
25% $7,500 $6,747
30% $9,000 $6,440
50% $15,000 $5,212