# How much would 145000 mortgage a month?

## How much would 145000 mortgage a month?

A \$150,000 30-year mortgage with a 4% interest rate comes with about a \$716 monthly payment.

### What is the monthly payment on a 150k loan?

At a 4% fixed interest rate, your monthly mortgage payment on a 30-year mortgage might total \$716.12 a month, while a 15-year might cost \$1,109.53 a month.

#### What is the monthly payment on a \$100000 loan at 3% for 30 years?

Assuming principal and interest only, the monthly payment on a \$100,000 loan with an APR of 3% would come out to \$421.60 on a 30-year term and \$690.58 on a 15-year one….Monthly payments for a \$100,000 mortgage.

Annual Percentage Rate (APR) Monthly payment (15 year) Monthly payment (30 year)
5.00% \$790.79 \$536.82

What is the monthly payment on a 30 year mortgage for \$1000000?

A 30-year, \$1,000,000 mortgage with a 4% interest rate costs about \$4,774 per month — and you could end up paying over \$700,000 in interest over the life of the loan.

How much income do I need for a 150k mortgage?

You need to make \$55,505 a year to afford a 150k mortgage. We base the income you need on a 150k mortgage on a payment that is 24% of your monthly income. In your case, your monthly income should be about \$4,625. The monthly payment on a 150k mortgage is \$1,110.

## What credit score is needed to buy a 150 000 house?

It’s recommended you have a credit score of 620 or higher when you apply for a conventional loan. If your score is below 620, lenders either won’t be able to approve your loan or may be required to offer you a higher interest rate, which can result in higher monthly payments.

### How much do you have to make to buy a 130k house?

what does my salary need to be in order to obtain a 30 yr mortgage loan for 130000? A 30 yr mortgage for 130 000 at 4.125 would carry a principle and interest payment of 630.04. So if you follow the 25 of income rule your monthly salary should be 2,525.00.

#### Can I afford a 150k mortgage?

How Much Income Do I Need for a 150k Mortgage? You need to make \$55,505 a year to afford a 150k mortgage. We base the income you need on a 150k mortgage on a payment that is 24% of your monthly income. In your case, your monthly income should be about \$4,625.

How much house can you afford on 140k a year?

How much house can I afford? You can afford a \$420,000 house.

How much house can I afford if I make \$150 000 a year?

You can afford a \$450,000 house.

## How much should I spend on a house if I make 150k?

This was the basic rule of thumb for many years. Simply take your gross income and multiply it by 2.5 or 3 to get the maximum value of the home you can afford. For somebody making \$100,000 a year, the maximum purchase price on a new home should be somewhere between \$250,000 and \$300,000.

### How much income do I need for a \$130000 mortgage?

#### How much is a mortgage on a 145000 home?

Assuming you have a 20% down payment (\$29,000), your total mortgage on a \$145,000 home would be \$116,000 . For a 30-year fixed mortgage with a 3.5% interest rate, you would be looking at a \$521 monthly payment. Please keep in mind that the exact cost and monthly payment for your mortgage will vary, depending its length and terms.

What is the monthly payment for a 30-year fixed mortgage?

For a 30-year fixed mortgage with a 3.5% interest rate, you would be looking at a \$521 monthly payment. Please keep in mind that the exact cost and monthly payment for your mortgage will vary, depending its length and terms.

How much would the mortgage payment be on a 145k house?

How much would the mortgage payment be on a \$145K house? Assuming you have a 20% down payment (\$29,000), your total mortgage on a \$145,000 home would be \$116,000. For a 30-year fixed mortgage with a 3.5% interest rate, you would be looking at a \$521 monthly payment.