$50,000 House at 4.00%

What's the monthly mortgage payment on a $50,000 house? Loan price for a $50,000 house with a 4.00% interest rate.
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Monthly payment = $191
Total yearly payments = $2,292
Payments by Interest Rate
Interest Rate Payment
3.500% $180
3.625% $182
3.750% $185
3.875% $188
4.000% $191
4.125% $194
4.250% $197
4.375% $200
4.500% $203
Payments by Amount Down
% Down Amount Payment
3.5% $1,750 $230
5.0% $2,500 $227
7.5% $3,750 $221
10% $5,000 $215
15% $7,500 $203
20% $10,000 $191
25% $12,500 $179
30% $15,000 $167
50% $25,000 $119
Payments by Loan Length
Length Payment
10 years $405
15 years $296
20 years $242
30 years $191
40 years $167
Interest only $133

Can I afford a $50,000 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 $50,000 with a 4.00% loan:

% Down Down Payment Income Required
3.5% $1,750 $13,444
5.0% $2,500 $13,290
7.5% $3,750 $13,034
10% $5,000 $12,779
15% $7,500 $12,267
20% $10,000 $11,756
25% $12,500 $11,244
30% $15,000 $10,733
50% $25,000 $8,687