This calculates the monthly payment of a \$48k mortgage based upon the amount of the loan, interest rate, and the loan length. It assumes a solved price mortgage, fairly than variable, balloon, or ARM. Subtract your dvery own payment to discover the loan amount.

You are watching: Given a mortgage of \$48,000 for 15 years with a rate of 11%, what are the total finance charges?

Many type of lenders estimate the most expensive home that a perboy can afford as 28% of one"s earnings.

What"s the monthly payment of a \$48,000 loan? How much does it cost? What are the interest rates? The calculator have the right to be used to calculate the payment for any kind of loan, such as genuine estate, auto and automobile, motorcycle, a house, debt consolidation, credit card debt consolidation, student loans, or business. Also remember to take into consideration various other home costs choose insurance, taxes, PMI, and also general maintenance expenses.

See more: Is It Illegal To Sell Deer Meat, Is It Illegal To Sell Raw Or Cooked Deer Meat

If interest prices are low, think about refinancing. Also think around paying off your mortgage early on, if feasible, or paying dvery own the major at an sped up price.

Loan Amount2.50%3.00%3.50%4.00%4.50%5.00%5.50%6.00%
\$48,000\$320.06\$331.48\$343.14\$355.05\$367.20\$379.58\$392.20\$405.05
\$48,050\$320.39\$331.82\$343.50\$355.42\$367.58\$379.98\$392.61\$405.47
\$48,100\$320.73\$332.17\$343.86\$355.79\$367.96\$380.37\$393.02\$405.90
\$48,150\$321.06\$332.52\$344.22\$356.16\$368.34\$380.77\$393.43\$406.32
\$48,200\$321.39\$332.86\$344.57\$356.53\$368.73\$381.16\$393.83\$406.74
\$48,250\$321.73\$333.21\$344.93\$356.90\$369.11\$381.56\$394.24\$407.16
\$48,300\$322.06\$333.55\$345.29\$357.27\$369.49\$381.95\$394.65\$407.58
\$48,350\$322.39\$333.90\$345.65\$357.64\$369.87\$382.35\$395.06\$408.00
\$48,400\$322.73\$334.24\$346.00\$358.01\$370.26\$382.74\$395.47\$408.43
\$48,450\$323.06\$334.59\$346.36\$358.38\$370.64\$383.14\$395.88\$408.85
\$48,500\$323.39\$334.93\$346.72\$358.75\$371.02\$383.53\$396.29\$409.27
\$48,550\$323.73\$335.28\$347.08\$359.12\$371.40\$383.93\$396.69\$409.69
\$48,600\$324.06\$335.62\$347.43\$359.49\$371.79\$384.33\$397.10\$410.11
\$48,650\$324.39\$335.97\$347.79\$359.86\$372.17\$384.72\$397.51\$410.54
\$48,700\$324.73\$336.31\$348.15\$360.23\$372.55\$385.12\$397.92\$410.96
\$48,750\$325.06\$336.66\$348.51\$360.60\$372.93\$385.51\$398.33\$411.38
\$48,800\$325.39\$337.00\$348.86\$360.97\$373.32\$385.91\$398.74\$411.80
\$48,850\$325.73\$337.35\$349.22\$361.34\$373.70\$386.30\$399.15\$412.22
\$48,900\$326.06\$337.69\$349.58\$361.71\$374.08\$386.70\$399.55\$412.65
\$48,950\$326.39\$338.04\$349.94\$362.08\$374.46\$387.09\$399.96\$413.07

Years2.50%3.00%3.50%4.00%4.50%5.00%5.50%6.00%
1\$4,054.37\$4,065.30\$4,076.24\$4,087.20\$4,098.17\$4,109.16\$4,120.17\$4,131.19
2\$2,052.50\$2,063.10\$2,073.73\$2,084.40\$2,095.09\$2,105.83\$2,116.59\$2,127.39
3\$1,385.35\$1,395.90\$1,406.50\$1,417.15\$1,427.85\$1,438.60\$1,449.40\$1,460.25
4\$1,051.87\$1,062.45\$1,073.09\$1,083.79\$1,094.57\$1,105.41\$1,116.31\$1,127.28
5\$851.87\$862.50\$873.20\$883.99\$894.86\$905.82\$916.86\$927.97
6\$718.61\$729.30\$740.08\$750.97\$761.95\$773.04\$784.22\$795.50
7\$623.48\$634.24\$645.11\$656.10\$667.21\$678.43\$689.76\$701.21
8\$552.18\$563.02\$573.99\$585.09\$596.32\$607.68\$619.17\$630.79
9\$496.78\$507.69\$518.76\$529.97\$541.32\$552.83\$564.48\$576.28
10\$452.50\$463.49\$474.65\$485.98\$497.46\$509.11\$520.93\$532.90
11\$416.30\$427.38\$438.64\$450.08\$461.70\$473.50\$485.47\$497.62
12\$386.17\$397.34\$408.70\$420.25\$432.00\$443.95\$456.08\$468.41
13\$360.71\$371.96\$383.42\$395.10\$406.98\$419.07\$431.37\$443.87
14\$338.92\$350.25\$361.82\$373.61\$385.62\$397.86\$410.32\$422.99
15\$320.06\$331.48\$343.14\$355.05\$367.20\$379.58\$392.20\$405.05
16\$303.58\$315.09\$326.85\$338.88\$351.16\$363.69\$376.47\$389.49
17\$289.07\$300.66\$312.53\$324.67\$337.08\$349.75\$362.69\$375.89
18\$276.19\$287.87\$299.84\$312.09\$324.64\$337.46\$350.55\$363.92
19\$264.68\$276.45\$288.52\$300.90\$313.57\$326.53\$339.79\$353.32
20\$254.35\$266.21\$278.38\$290.87\$303.67\$316.78\$330.19\$343.89
21\$245.03\$256.97\$269.24\$281.85\$294.78\$308.02\$321.59\$335.45
22\$236.56\$248.59\$260.97\$273.69\$286.75\$300.13\$313.85\$327.88
23\$228.85\$240.97\$253.45\$266.28\$279.47\$292.99\$306.86\$321.05
24\$221.81\$234.00\$246.58\$259.53\$272.84\$286.51\$300.52\$314.87
25\$215.34\$227.62\$240.30\$253.36\$266.80\$280.60\$294.76\$309.26
26\$209.38\$221.75\$234.53\$247.70\$261.27\$275.20\$289.51\$304.16
27\$203.88\$216.34\$229.21\$242.50\$256.19\$270.26\$284.71\$299.51
28\$198.79\$211.33\$224.30\$237.70\$251.51\$265.72\$280.30\$295.26
29\$194.06\$206.69\$219.76\$233.27\$247.20\$261.53\$276.26\$291.36
30\$189.66\$202.37\$215.54\$229.16\$243.21\$257.67\$272.54\$287.78

Rate Payment
0.00% \$266.67
0.01% \$266.87
0.02% \$267.07
0.03% \$267.27
0.04% \$267.47
0.05% \$267.67
0.06% \$267.88
0.07% \$268.08
0.08% \$268.28
0.09% \$268.48
0.10% \$268.68
0.11% \$268.88
0.12% \$269.09
0.125% \$269.19
0.13% \$269.29
0.14% \$269.49
0.15% \$269.69
0.16% \$269.90
0.17% \$270.10
0.18% \$270.30
0.19% \$270.51
0.20% \$270.71
0.21% \$270.91
0.22% \$271.12
0.23% \$271.32
0.24% \$271.52
0.25% \$271.73
0.26% \$271.93
0.27% \$272.13
0.28% \$272.34
0.29% \$272.54
0.30% \$272.74
0.31% \$272.95
0.32% \$273.15
0.33% \$273.36
0.34% \$273.56
0.35% \$273.77
0.36% \$273.97
0.37% \$274.18
0.375% \$274.28
0.38% \$274.38
0.39% \$274.59
0.40% \$274.79
0.41% \$275.00
0.42% \$275.20
0.43% \$275.41
0.44% \$275.61
0.45% \$275.82
0.46% \$276.02
0.47% \$276.23
0.48% \$276.44
0.49% \$276.64
0.50% \$276.85
0.51% \$277.05
0.52% \$277.26
0.53% \$277.47
0.54% \$277.67
0.55% \$277.88
0.56% \$278.09
0.57% \$278.29
0.58% \$278.50
0.59% \$278.71
0.60% \$278.91
0.61% \$279.12
0.62% \$279.33
0.625% \$279.43
0.63% \$279.54
0.64% \$279.74
0.65% \$279.95
0.66% \$280.16
0.67% \$280.37
0.68% \$280.57
0.69% \$280.78
0.70% \$280.99
0.71% \$281.20
0.72% \$281.41
0.73% \$281.61
0.74% \$281.82
0.75% \$282.03
0.76% \$282.24
0.77% \$282.45
0.78% \$282.66
0.79% \$282.87
0.80% \$283.08
0.81% \$283.28
0.82% \$283.49
0.83% \$283.70
0.84% \$283.91
0.85% \$284.12
0.86% \$284.33
0.87% \$284.54
0.875% \$284.65
0.88% \$284.75
0.89% \$284.96
0.90% \$285.17
0.91% \$285.38
0.92% \$285.59
0.93% \$285.80
0.94% \$286.01
0.95% \$286.22
0.96% \$286.43
0.97% \$286.64
0.98% \$286.86
0.99% \$287.07
1.00% \$287.28
1.01% \$287.49
1.02% \$287.70
1.03% \$287.91
1.04% \$288.12
1.05% \$288.33
1.06% \$288.55
1.07% \$288.76
1.08% \$288.97
1.09% \$289.18
1.10% \$289.39
1.11% \$289.61
1.12% \$289.82
1.125% \$289.92
1.13% \$290.03
1.14% \$290.24
1.15% \$290.46
1.16% \$290.67
1.17% \$290.88
1.18% \$291.09
1.19% \$291.31
1.20% \$291.52
1.21% \$291.73
1.22% \$291.95
1.23% \$292.16
1.24% \$292.37
1.25% \$292.59
1.26% \$292.80
1.27% \$293.01
1.28% \$293.23
1.29% \$293.44
1.30% \$293.66
1.31% \$293.87
1.32% \$294.08
1.33% \$294.30
1.34% \$294.51
1.35% \$294.73
1.36% \$294.94
1.37% \$295.16
1.375% \$295.26
1.38% \$295.37
1.39% \$295.59
1.40% \$295.80
1.41% \$296.02
1.42% \$296.23
1.43% \$296.45
1.44% \$296.66
1.45% \$296.88
1.46% \$297.09
1.47% \$297.31
1.48% \$297.52
1.49% \$297.74
1.50% \$297.96
1.51% \$298.17
1.52% \$298.39
1.53% \$298.61
1.54% \$298.82
1.55% \$299.04
1.56% \$299.25
1.57% \$299.47
1.58% \$299.69
1.59% \$299.91
1.60% \$300.12
1.61% \$300.34
1.62% \$300.56
1.625% \$300.67
1.63% \$300.77
1.64% \$300.99
1.65% \$301.21
1.66% \$301.43
1.67% \$301.64
1.68% \$301.86
1.69% \$302.08
1.70% \$302.30
1.71% \$302.52
1.72% \$302.73
1.73% \$302.95
1.74% \$303.17
1.75% \$303.39
1.76% \$303.61
1.77% \$303.83
1.78% \$304.05
1.79% \$304.26
1.80% \$304.48
1.81% \$304.70
1.82% \$304.92
1.83% \$305.14
1.84% \$305.36
1.85% \$305.58
1.86% \$305.80
1.87% \$306.02
1.875% \$306.13
1.88% \$306.24
1.89% \$306.46
1.90% \$306.68
1.91% \$306.90
1.92% \$307.12
1.93% \$307.34
1.94% \$307.56
1.95% \$307.78
1.96% \$308.00
1.97% \$308.22
1.98% \$308.44
1.99% \$308.66
2.00% \$308.88
2.01% \$309.11
2.02% \$309.33
2.03% \$309.55
2.04% \$309.77
2.05% \$309.99
2.06% \$310.21
2.07% \$310.43
2.08% \$310.66
2.09% \$310.88
2.10% \$311.10
2.11% \$311.32
2.12% \$311.54
2.125% \$311.65
2.13% \$311.77
2.14% \$311.99
2.15% \$312.21
2.16% \$312.43
2.17% \$312.66
2.18% \$312.88
2.19% \$313.10
2.20% \$313.32
2.21% \$313.55
2.22% \$313.77
2.23% \$313.99
2.24% \$314.22
2.25% \$314.44
2.26% \$314.66
2.27% \$314.89
2.28% \$315.11
2.29% \$315.34
2.30% \$315.56
2.31% \$315.78
2.32% \$316.01
2.33% \$316.23
2.34% \$316.46
2.35% \$316.68
2.36% \$316.91
2.37% \$317.13
2.375% \$317.24
2.38% \$317.35
2.39% \$317.58
2.40% \$317.80
2.41% \$318.03
2.42% \$318.25
2.43% \$318.48
2.44% \$318.70
2.45% \$318.93
2.46% \$319.16
2.47% \$319.38
2.48% \$319.61
2.49% \$319.83
2.50% \$320.06
2.51% \$320.28
2.52% \$320.51
2.53% \$320.74
2.54% \$320.96
2.55% \$321.19
2.56% \$321.42
2.57% \$321.64
2.58% \$321.87
2.59% \$322.10
2.60% \$322.32
2.61% \$322.55
2.62% \$322.78
2.625% \$322.89
2.63% \$323.00
2.64% \$323.23
2.65% \$323.46
2.66% \$323.69
2.67% \$323.91
2.68% \$324.14
2.69% \$324.37
2.70% \$324.60
2.71% \$324.83
2.72% \$325.05
2.73% \$325.28
2.74% \$325.51
2.75% \$325.74
2.76% \$325.97
2.77% \$326.20
2.78% \$326.42
2.79% \$326.65
2.80% \$326.88
2.81% \$327.11
2.82% \$327.34
2.83% \$327.57
2.84% \$327.80
2.85% \$328.03
2.86% \$328.26
2.87% \$328.49
2.875% \$328.60
2.88% \$328.72
2.89% \$328.95
2.90% \$329.18
2.91% \$329.41
2.92% \$329.64
2.93% \$329.87
2.94% \$330.10
2.95% \$330.33
2.96% \$330.56
2.97% \$330.79
2.98% \$331.02
2.99% \$331.25
3.00% \$331.48
3.01% \$331.71
3.02% \$331.94
3.03% \$332.17
3.04% \$332.40
3.05% \$332.63
3.06% \$332.87
3.07% \$333.10
3.08% \$333.33
3.09% \$333.56
3.10% \$333.79
3.11% \$334.02
3.12% \$334.26
3.125% \$334.37
3.13% \$334.49
3.14% \$334.72
3.15% \$334.95
3.16% \$335.19
3.17% \$335.42
3.18% \$335.65
3.19% \$335.88
3.20% \$336.12
3.21% \$336.35
3.22% \$336.58
3.23% \$336.81
3.24% \$337.05
3.25% \$337.28
3.26% \$337.51
3.27% \$337.75
3.28% \$337.98
3.29% \$338.21
3.30% \$338.45