$70,000 House at 4.75%

What's the monthly mortgage payment on a $70,000 house? Loan price for a $70,000 house with a 4.75% interest rate.
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Monthly payment = $292
Total yearly payments = $3,505
Payments by Interest Rate
Interest Rate Payment
4.250% $275
4.375% $280
4.500% $284
4.625% $288
4.750% $292
4.875% $296
5.000% $301
5.125% $305
5.250% $309
Payments by Amount Down
% Down Amount Payment
3.5% $2,450 $352
5.0% $3,500 $347
7.5% $5,250 $338
10% $7,000 $329
15% $10,500 $310
20% $14,000 $292
25% $17,500 $274
30% $21,000 $256
50% $35,000 $183
Payments by Loan Length
Length Payment
10 years $587
15 years $436
20 years $362
30 years $292
40 years $261
Interest only $222

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 4.75% loan:

% Down Down Payment Income Required
3.5% $2,450 $20,102
5.0% $3,500 $19,867
7.5% $5,250 $19,476
10% $7,000 $19,084
15% $10,500 $18,302
20% $14,000 $17,520
25% $17,500 $16,737
30% $21,000 $15,955
50% $35,000 $12,825