$30,000 House at 4.50%

What's the monthly mortgage payment on a $30,000 house? Loan price for a $30,000 house with a 4.50% interest rate.
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Monthly payment = $122
Total yearly payments = $1,459
Payments by Interest Rate
Interest Rate Payment
4.000% $115
4.125% $116
4.250% $118
4.375% $120
4.500% $122
4.625% $123
4.750% $125
4.875% $127
5.000% $129
Payments by Amount Down
% Down Amount Payment
3.5% $1,050 $147
5.0% $1,500 $144
7.5% $2,250 $141
10% $3,000 $137
15% $4,500 $129
20% $6,000 $122
25% $7,500 $114
30% $9,000 $106
50% $15,000 $76
Payments by Loan Length
Length Payment
10 years $249
15 years $184
20 years $152
30 years $122
40 years $108
Interest only $90

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 4.50% loan:

% Down Down Payment Income Required
3.5% $1,050 $8,429
5.0% $1,500 $8,332
7.5% $2,250 $8,169
10% $3,000 $8,006
15% $4,500 $7,680
20% $6,000 $7,354
25% $7,500 $7,029
30% $9,000 $6,703
50% $15,000 $5,400