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The answer depends on the interest rate and the length of the mortgage. You can build a chart at the related link provided below.

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150000 mortgage what is your montly payment at?

That depends on a lot of factors including interest rate, length of loan. For example, at 5% for 30 years your payment would be: $805.23 But at 15 years, it would $1,186.19.


What is a monthly mortgage payment?

A Monthly Mortgage payment, would be the repayment of a loan taken with a bank or lending firm, when buying a house or property. For example, if you borrowed $250,000 to buy a house, with an interest rate of 3%. The estimated monthly mortgage payment would be 1,054.01 per month, for 360 months.


What are the mortgage payments on a 150000 house?

It depends on several factors besides the loan amount. Primarily the interest rate and loan term(length of the loan), but a mortgage payment can include other items including escrow payments for property tax and insurance and possibly PMI. To keep it simple though, a 150,000 mortgage at 4.5% for 30 years would be $760.03 for your principal and interest payment. If you could afford to do a 15 year loan, at the same interest rate, the monthly payment would be $1147.49 and you would save nearly $70,000 in interest.


How much of a down payment would be required for a house costing 150000?

You don't ever have to put a down payment down (unless your lender bank requires you to), however 20% of the value usually is the norm. We bought our house with NO down payment.


What would be considered an average mortgage payment?

There is no such thing as an average mortgage payment. This is down to the fact that house prices vary nationwide, interest rates vary and the length, or term, of a mortgage will also vary.

Related Questions

150000 mortgage what is your montly payment at?

That depends on a lot of factors including interest rate, length of loan. For example, at 5% for 30 years your payment would be: $805.23 But at 15 years, it would $1,186.19.


What is a monthly mortgage payment?

A Monthly Mortgage payment, would be the repayment of a loan taken with a bank or lending firm, when buying a house or property. For example, if you borrowed $250,000 to buy a house, with an interest rate of 3%. The estimated monthly mortgage payment would be 1,054.01 per month, for 360 months.


What are the mortgage payments on a 150000 house?

It depends on several factors besides the loan amount. Primarily the interest rate and loan term(length of the loan), but a mortgage payment can include other items including escrow payments for property tax and insurance and possibly PMI. To keep it simple though, a 150,000 mortgage at 4.5% for 30 years would be $760.03 for your principal and interest payment. If you could afford to do a 15 year loan, at the same interest rate, the monthly payment would be $1147.49 and you would save nearly $70,000 in interest.


How much of a down payment would be required for a house costing 150000?

You don't ever have to put a down payment down (unless your lender bank requires you to), however 20% of the value usually is the norm. We bought our house with NO down payment.


What would be considered an average mortgage payment?

There is no such thing as an average mortgage payment. This is down to the fact that house prices vary nationwide, interest rates vary and the length, or term, of a mortgage will also vary.


Investors buy a studio for 150000 they have a down payment of 22500 What is there down payment?

The down payment for the studio is $22,500. This amount represents 15% of the total purchase price of $150,000. Investors typically make a down payment to secure a mortgage for the remaining balance, which in this case would be $127,500.


Why would my house payment increase?

Your house payment may increase due to factors such as an increase in property taxes, insurance premiums, or an adjustment in your mortgage interest rate.


When would a house be in danger of repossession?

Typically, a house can be repossessed after 90 days of non payment by the mortgage holder. However, it is not illegal for repossession to begin after a missed payment, though this is extremely rare.


What mortgage can you expect on 550000?

What would the mortgage payment be on 600000


What is the monthly payment for a 34000 mortgage?

It depends on the interest rate and the length of the mortgage. For a 30 year mortgage at 4.5% the payment would be $172.27. If you can afford it, a 15 year mortgage at 4.5% would be $260.10 but would save you about $16,000 in interest.


For what would one use the Coldwell Banker mortgage calculator?

You would use a Coldwell Banker mortgage calculator to estimate your monthly payment on a mortgage. To estimate the monthly mortgage payment you need to enter the purchase price, down payment, interest rate, property taxes, insurance, and mortgage term.


What is the monthly payment for a 500000 mortgage?

It depends on the interest rate and loan term. For a 4.5%, 30 year mortgage the payment would be: $2,533.43 If you did a 15 year mortgage at the same 4.5%, the payment would be: $3,824.97