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To help you determine the amount of monthly payment you would like to pay we have included the following chart. First determine the price of house you want to buy, then locate the interest rate and read down the first column and find the amount that you have chosen to spend. The         figure shows the principal and interest payments for a 15 year mortgage loan and the        figure shows the principal and interest payments for a 30 year mortgage loan.

Mortgage Amount

Interest Rate
6% 6.5% 7% 7.5% 8% 8.5% 9% 9.5% 10% 10.5% 11% 11.5% 12%
$  20,000
 169 175 180 185 191 197 203 209 215 221 227 234 240
120 126 133 140 147 154 161 168 176 183 190 198 206
$  30,000
 254 261 270 278 287 295 304 313 322 332 341 350 360
180 190 200 210 220 231 241 252 263 274 286 297 309
$  40,000
 338 348 360 371 382 394 406 418 430 442 455 467 480
240 253 266 280 294 308 322 336 351 366 381 396 111
$  50,000
 422 436 442 464 478 492 507 522 537 553 568 584 600
300 316 333 350 367 384 402 420 439 457 476 495 514
$  60,000
 507 523 539 556 573 591 609 627 645 663 682 701 720
360 379 399 420 440 461 483 505 527 549 571 594 617
$  70,000
 591 610 629 649 669 689 710 731 752 774 796 818 840
420 442 466 489 514 538 563 589 614 640 667 693 720
$  80,000
 675 697 719 742 765 788 811 835 860 884 909 935 960
480 506 532 559 587 615 644 673 702 732 762 792 823
$  90,000
 760 784 809 834 860 886 913 940 967 995 1023 1051 1080
510 569 599 629 660 692 724 757 790 823 857 892 926
$100,000
 814 871 899 927 956 985 1014 1044 1075 1105 1137 1168 1200
600 632 665 699 734 769 805 841 878 915 952 990 1029
$125,000
 1055 1089 1124 1159 1195 1231 1268 1305 1343 1382 1421 1460 1500
749 790 832 874 917 961 1006 1051 1097 1143 1190 1238 1286
$150,000
 1266 1307 1348 1391 1433 1477 1521 1566 1612 1658 1705 1752 1800
899 948 998 1049 1101 1153 1207 1261 1316 1372 1429 1485 1543
$175,000
 1477 1524 1573 1622 1672 1723 1775 1827 1881 1934 1989 2044 2100
1049 1106 1164 1224 1284 1346 1408 1472 1536 1601 1667 1733 1800
$200,000
 1688 1742 1797 1854 1911 1969 2028 2088 2149 2210 2273 2336 2400
1199 1264 1331 1399 1468 1538 1609 1682 1755 1829 1905 1980 2057
$225,000
 1899 1960 2022 2086 2150 2215 2282 2349 2417 2487 2557 2628 2700
1349 1422 1497 1573 1651 1730 1810 1892 1975 2058 2143 2228 2314
$250,000
 2109 2178 2247 2317 2389 2462 2535 2610 2686 2763 2841 2920 3000
1499 1580 1663 1748 1835 1922 2012 2102 2194 2287 2381 2476 2571
$275,000
 2320 2395 2472 2549 2628 2708 2798 2871 2955 3039 3125 3212 3300
1649 1738 1830 1923 2018 2115 2213 2312 2413 2516 2619 2723 2829

 

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