$160,000 House at 5.00%

What's the monthly mortgage payment on a $160,000 house? Loan price for a $160,000 house with a 5.00% interest rate.
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Monthly payment = $687
Total yearly payments = $8,246
Payments by Interest Rate
Interest Rate Payment
4.500% $649
4.625% $658
4.750% $668
4.875% $677
5.000% $687
5.125% $697
5.250% $707
5.375% $717
5.500% $727
Payments by Amount Down
% Down Amount Payment
3.5% $5,600 $829
5.0% $8,000 $816
7.5% $12,000 $794
10% $16,000 $773
15% $24,000 $730
20% $32,000 $687
25% $40,000 $644
30% $48,000 $601
50% $80,000 $429
Payments by Loan Length
Length Payment
10 years $1,358
15 years $1,012
20 years $845
30 years $687
40 years $617
Interest only $533

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 5.00% loan:

% Down Down Payment Income Required
3.5% $5,600 $46,951
5.0% $8,000 $46,399
7.5% $12,000 $45,478
10% $16,000 $44,558
15% $24,000 $42,718
20% $32,000 $40,877
25% $40,000 $39,037
30% $48,000 $37,196
50% $80,000 $29,834