$30,000 House at 4.75%

What's the monthly mortgage payment on a $30,000 house? Loan price for a $30,000 house with a 4.75% interest rate.
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Monthly payment = $125
Total yearly payments = $1,502
Payments by Interest Rate
Interest Rate Payment
4.250% $118
4.375% $120
4.500% $122
4.625% $123
4.750% $125
4.875% $127
5.000% $129
5.125% $131
5.250% $133
Payments by Amount Down
% Down Amount Payment
3.5% $1,050 $151
5.0% $1,500 $149
7.5% $2,250 $145
10% $3,000 $141
15% $4,500 $133
20% $6,000 $125
25% $7,500 $117
30% $9,000 $110
50% $15,000 $78
Payments by Loan Length
Length Payment
10 years $252
15 years $187
20 years $155
30 years $125
40 years $112
Interest only $95

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 4.75% loan:

% Down Down Payment Income Required
3.5% $1,050 $8,615
5.0% $1,500 $8,514
7.5% $2,250 $8,347
10% $3,000 $8,179
15% $4,500 $7,844
20% $6,000 $7,508
25% $7,500 $7,173
30% $9,000 $6,838
50% $15,000 $5,496