$70,000 House at 4.50%

What's the monthly mortgage payment on a $70,000 house? Loan price for a $70,000 house with a 4.50% interest rate.
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Monthly payment = $284
Total yearly payments = $3,405
Payments by Interest Rate
Interest Rate Payment
4.000% $267
4.125% $271
4.250% $275
4.375% $280
4.500% $284
4.625% $288
4.750% $292
4.875% $296
5.000% $301
Payments by Amount Down
% Down Amount Payment
3.5% $2,450 $342
5.0% $3,500 $337
7.5% $5,250 $328
10% $7,000 $319
15% $10,500 $301
20% $14,000 $284
25% $17,500 $266
30% $21,000 $248
50% $35,000 $177
Payments by Loan Length
Length Payment
10 years $580
15 years $428
20 years $354
30 years $284
40 years $252
Interest only $210

Can I afford a $70,000 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 $70,000 with a 4.50% loan:

% Down Down Payment Income Required
3.5% $2,450 $19,669
5.0% $3,500 $19,441
7.5% $5,250 $19,061
10% $7,000 $18,681
15% $10,500 $17,920
20% $14,000 $17,160
25% $17,500 $16,400
30% $21,000 $15,640
50% $35,000 $12,600