$160,000 House at 4.50%

What's the monthly mortgage payment on a $160,000 house? Loan price for a $160,000 house with a 4.50% interest rate.
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Monthly payment = $649
Total yearly payments = $7,783
Payments by Interest Rate
Interest Rate Payment
4.000% $611
4.125% $620
4.250% $630
4.375% $639
4.500% $649
4.625% $658
4.750% $668
4.875% $677
5.000% $687
Payments by Amount Down
% Down Amount Payment
3.5% $5,600 $782
5.0% $8,000 $770
7.5% $12,000 $750
10% $16,000 $730
15% $24,000 $689
20% $32,000 $649
25% $40,000 $608
30% $48,000 $567
50% $80,000 $405
Payments by Loan Length
Length Payment
10 years $1,327
15 years $979
20 years $810
30 years $649
40 years $575
Interest only $480

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 4.50% loan:

% Down Down Payment Income Required
3.5% $5,600 $44,957
5.0% $8,000 $44,436
7.5% $12,000 $43,567
10% $16,000 $42,698
15% $24,000 $40,961
20% $32,000 $39,224
25% $40,000 $37,487
30% $48,000 $35,749
50% $80,000 $28,801