Don't know how much house you can afford? This chart will give you a rough idea of what your payments would be on either a 15 or 30 year loan (excluding taxes & insurance).
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| MORTGAGE AMOUNT |
# OF YEARS | 6% | 6.5% | 7% | 7.5% | 8% | 8.5% | 9% | 9.5% | 10% | 10.5% | 11% | 11.5% | 12% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $20,000 | 15 YRS | 169 | 175 | 180 | 185 | 191 | 197 | 203 | 209 | 215 | 221 | 227 | 234 | 240 |
| 30 YRS | 120 | 126 | 133 | 140 | 147 | 154 | 161 | 168 | 176 | 183 | 190 | 198 | 206 | |
| $30,000 | 15 YRS | 254 | 261 | 270 | 278 | 287 | 295 | 304 | 313 | 322 | 332 | 341 | 350 | 360 |
| 30 YRS | 180 | 190 | 200 | 210 | 220 | 231 | 241 | 252 | 263 | 274 | 286 | 297 | 309 | |
| $40,000 | 15 YRS | 338 | 348 | 360 | 371 | 382 | 394 | 406 | 418 | 430 | 442 | 455 | 467 | 480 |
| 30 YRS | 240 | 253 | 266 | 280 | 294 | 308 | 322 | 336 | 351 | 366 | 381 | 396 | 411 | |
| $50,000 | 15 YRS | 422 | 436 | 442 | 464 | 478 | 492 | 507 | 522 | 537 | 553 | 568 | 584 | 600 |
| 30 YRS | 300 | 316 | 333 | 350 | 367 | 384 | 402 | 420 | 439 | 457 | 476 | 495 | 514 | |
| $60,000 | 15 YRS | 507 | 523 | 539 | 556 | 573 | 591 | 609 | 627 | 645 | 663 | 682 | 701 | 720 |
| 30 YRS | 360 | 379 | 399 | 420 | 440 | 461 | 483 | 505 | 527 | 549 | 571 | 594 | 617 | |
| $70,000 | 15 YRS | 591 | 610 | 629 | 649 | 669 | 689 | 710 | 731 | 752 | 774 | 796 | 818 | 840 |
| 30 YRS | 420 | 442 | 466 | 489 | 514 | 538 | 563 | 589 | 614 | 640 | 667 | 693 | 720 | |
| $80,000 | 15 YRS | 675 | 697 | 719 | 742 | 765 | 788 | 811 | 835 | 860 | 884 | 909 | 935 | 960 |
| 30 YRS | 480 | 506 | 532 | 559 | 587 | 615 | 644 | 673 | 702 | 732 | 762 | 792 | 823 | |
| $90,000 | 15 YRS | 760 | 784 | 809 | 834 | 860 | 886 | 913 | 940 | 967 | 995 | 1023 | 1051 | 1080 |
| 30 YRS | 540 | 569 | 599 | 629 | 660 | 692 | 724 | 757 | 790 | 823 | 857 | 892 | 926 | |
| $100,000 | 15 YRS | 844 | 871 | 899 | 927 | 956 | 985 | 1014 | 1044 | 1075 | 1105 | 1137 | 1168 | 1200 |
| 30 YRS | 600 | 632 | 665 | 699 | 734 | 769 | 805 | 841 | 878 | 915 | 952 | 990 | 1029 | |
| $125,000 | 15 YRS | 1055 | 1089 | 1124 | 1159 | 1195 | 1231 | 1268 | 1305 | 1343 | 1382 | 1421 | 1460 | 1500 |
| 30 YRS | 749 | 790 | 832 | 874 | 917 | 961 | 1006 | 1051 | 1097 | 1143 | 1190 | 1238 | 1286 | |
| $150,000 | 15 YRS | 1266 | 1307 | 1348 | 1391 | 1433 | 1477 | 1521 | 1566 | 1612 | 1658 | 1705 | 1752 | 1800 |
| 30 YRS | 899 | 948 | 998 | 1049 | 1101 | 1153 | 1207 | 1261 | 1316 | 1372 | 1429 | 1485 | 1543 | |
| $175,000 | 15 YRS | 1477 | 1524 | 1573 | 1622 | 1672 | 1723 | 1775 | 1827 | 1881 | 1934 | 1989 | 2044 | 2100 |
| 30 YRS | 1049 | 1106 | 1164 | 1224 | 1284 | 1346 | 1408 | 1472 | 1536 | 1601 | 1667 | 1733 | 1800 | |
| $200,000 | 15 YRS | 1688 | 1742 | 1797 | 1854 | 1911 | 1969 | 2028 | 2088 | 2149 | 2210 | 2273 | 2336 | 2400 |
| 30 YRS | 1199 | 1264 | 1331 | 1399 | 1468 | 1538 | 1609 | 1682 | 1755 | 1829 | 1905 | 1980 | 2057 | |
| $225,000 | 15 YRS | 1899 | 1960 | 2022 | 2086 | 2150 | 2215 | 2282 | 2349 | 2417 | 2487 | 2557 | 2628 | 2700 |
| 30 YRS | 1349 | 1422 | 1497 | 1573 | 1651 | 1730 | 1810 | 1892 | 1975 | 2058 | 2143 | 2228 | 2314 | |
| $250,000 | 15 YRS | 2109 | 2178 | 2247 | 2317 | 2389 | 2462 | 2535 | 2610 | 2686 | 2763 | 2841 | 2920 | 3000 |
| 30 YRS | 1499 | 1580 | 1663 | 1748 | 1835 | 1922 | 2012 | 2102 | 2194 | 2287 | 2381 | 2476 | 2571 | |
| $275,000 | 15 YRS | 2320 | 2395 | 2472 | 2549 | 2628 | 2708 | 2798 | 2381 | 2955 | 3039 | 3125 | 3212 | 3300 |
| 30 YRS | 1649 | 1738 | 1830 | 1923 | 2018 | 2115 | 2213 | 2312 | 2413 | 2516 | 2619 | 2723 | 2829 |