$160,000 House at 4.75%

What's the monthly mortgage payment on a $160,000 house? Loan price for a $160,000 house with a 4.75% interest rate.
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Monthly payment = $668
Total yearly payments = $8,013
Payments by Interest Rate
Interest Rate Payment
4.250% $630
4.375% $639
4.500% $649
4.625% $658
4.750% $668
4.875% $677
5.000% $687
5.125% $697
5.250% $707
Payments by Amount Down
% Down Amount Payment
3.5% $5,600 $805
5.0% $8,000 $793
7.5% $12,000 $772
10% $16,000 $751
15% $24,000 $709
20% $32,000 $668
25% $40,000 $626
30% $48,000 $584
50% $80,000 $417
Payments by Loan Length
Length Payment
10 years $1,342
15 years $996
20 years $827
30 years $668
40 years $596
Interest only $507

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 4.75% loan:

% Down Down Payment Income Required
3.5% $5,600 $45,947
5.0% $8,000 $45,410
7.5% $12,000 $44,516
10% $16,000 $43,622
15% $24,000 $41,833
20% $32,000 $40,045
25% $40,000 $38,256
30% $48,000 $36,468
50% $80,000 $29,314