$10,000 House at 4.75%

What's the monthly mortgage payment on a $10,000 house? Loan price for a $10,000 house with a 4.75% interest rate.
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Monthly payment = $42
Total yearly payments = $501
Payments by Interest Rate
Interest Rate Payment
4.250% $39
4.375% $40
4.500% $41
4.625% $41
4.750% $42
4.875% $42
5.000% $43
5.125% $44
5.250% $44
Payments by Amount Down
% Down Amount Payment
3.5% $350 $50
5.0% $500 $50
7.5% $750 $48
10% $1,000 $47
15% $1,500 $44
20% $2,000 $42
25% $2,500 $39
30% $3,000 $37
50% $5,000 $26
Payments by Loan Length
Length Payment
10 years $84
15 years $62
20 years $52
30 years $42
40 years $37
Interest only $32

Can I afford a $10,000 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 $10,000 with a 4.75% loan:

% Down Down Payment Income Required
3.5% $350 $2,872
5.0% $500 $2,838
7.5% $750 $2,782
10% $1,000 $2,726
15% $1,500 $2,615
20% $2,000 $2,503
25% $2,500 $2,391
30% $3,000 $2,279
50% $5,000 $1,832