$50,000 House at 4.25%

What's the monthly mortgage payment on a $50,000 house? Loan price for a $50,000 house with a 4.25% interest rate.
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Monthly payment = $197
Total yearly payments = $2,361
Payments by Interest Rate
Interest Rate Payment
3.750% $185
3.875% $188
4.000% $191
4.125% $194
4.250% $197
4.375% $200
4.500% $203
4.625% $206
4.750% $209
Payments by Amount Down
% Down Amount Payment
3.5% $1,750 $237
5.0% $2,500 $234
7.5% $3,750 $228
10% $5,000 $221
15% $7,500 $209
20% $10,000 $197
25% $12,500 $184
30% $15,000 $172
50% $25,000 $123
Payments by Loan Length
Length Payment
10 years $410
15 years $301
20 years $248
30 years $197
40 years $173
Interest only $142

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 4.25% loan:

% Down Down Payment Income Required
3.5% $1,750 $13,744
5.0% $2,500 $13,586
7.5% $3,750 $13,322
10% $5,000 $13,059
15% $7,500 $12,532
20% $10,000 $12,005
25% $12,500 $11,478
30% $15,000 $10,951
50% $25,000 $8,842