$50,000 House at 4.75%

What's the monthly mortgage payment on a $50,000 house? Loan price for a $50,000 house with a 4.75% interest rate.
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Monthly payment = $209
Total yearly payments = $2,504
Payments by Interest Rate
Interest Rate Payment
4.250% $197
4.375% $200
4.500% $203
4.625% $206
4.750% $209
4.875% $212
5.000% $215
5.125% $218
5.250% $221
Payments by Amount Down
% Down Amount Payment
3.5% $1,750 $252
5.0% $2,500 $248
7.5% $3,750 $241
10% $5,000 $235
15% $7,500 $222
20% $10,000 $209
25% $12,500 $196
30% $15,000 $183
50% $25,000 $130
Payments by Loan Length
Length Payment
10 years $419
15 years $311
20 years $258
30 years $209
40 years $186
Interest only $158

Can I afford a $50,000 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 $50,000 with a 4.75% loan:

% Down Down Payment Income Required
3.5% $1,750 $14,358
5.0% $2,500 $14,191
7.5% $3,750 $13,911
10% $5,000 $13,632
15% $7,500 $13,073
20% $10,000 $12,514
25% $12,500 $11,955
30% $15,000 $11,396
50% $25,000 $9,161