- What is a good down payment on a house?
- What is the payment on a 140 000 Mortgage?
- What’s the cheapest place to live in Oregon?
- What is the monthly payment on a 150 000 Mortgage?
- What is the monthly payment on a 200 000 Mortgage?
- What is the payment on 100k mortgage?
- What’s the payment on a $300 000 mortgage?
- Is it a good time to buy a house in Oregon?
- What is the average monthly mortgage payment in the US?
- How much money do I need to buy a house in Oregon?
- How much should I spend on a house if I make 60000?
- What credit score is needed to buy a house in Oregon?

## What is a good down payment on a house?

Typically, mortgage lenders want you to put 20 percent down on a home purchase because it lowers their lending risk.

It’s also a “rule” that most programs charge mortgage insurance if you put less than 20 percent down (though some loans avoid this)..

## What is the payment on a 140 000 Mortgage?

Monthly Payment OptionsDown Payment (% – Amount)15 Year Mortgage (2.28% Fixed Rate)30 Year Mortgage (2.72% Fixed Rate)5% – $7,000$873$5417% – $9,800$855$52910% – $14,000$827$51215% – $21,000$781$4845 more rows

## What’s the cheapest place to live in Oregon?

The 10 Cheapest Places To Live In Oregon For 2020Pendleton.Milton-Freewater.Baker City.Dallas.Creswell.North Bend.Ontario.Sheridan.More items…

## What is the monthly payment on a 150 000 Mortgage?

A $150,000 30-year mortgage with a 4% interest rate comes with about a $716 monthly payment. The exact costs will depend on your loan’s term and other details.

## What is the monthly payment on a 200 000 Mortgage?

For a $200,000, 30-year mortgage with a 4% interest rate, you’d pay around $954 per month.

## What is the payment on 100k mortgage?

Now that you’re familiar with PITI and DTI, you’re ready for this simple truth: for each $100,000 you borrow, expect a monthly mortgage payment, or PITI, of $725. You can easily add half of $725 (that’s $362.50) if you’re trying to calculate for an extra $50,000.

## What’s the payment on a $300 000 mortgage?

Monthly payments on a $300,000 mortgage At a 4% fixed interest rate, your monthly mortgage payment on a 30-year mortgage might total $1,432.25 a month, while a 15-year might cost $2,219.06 a month.

## Is it a good time to buy a house in Oregon?

October to December Many home buyers consider fall the best time of year to buy a house because of price reductions. Because home sellers tend to list their homes in the spring, sellers whose houses haven’t sold yet may be motivated to find buyers, and prices start to reflect that.

## What is the average monthly mortgage payment in the US?

The average mortgage payment is $1,275 on 30-year fixed mortgage, and $1,751 on a 15-year fixed mortgage. However, a more accurate measure of what the typical American spends on their mortgage each month would be a median: $1,556 in 2018, according to the US Census Bureau.

## How much money do I need to buy a house in Oregon?

A down payment of 3% (generally the minimum for a conventional mortgage) for a median-priced home in Oregon would come to around $10,995. A down payment of 3.5% (which is the minimum for an FHA loan) would be around $12,827.

## How much should I spend on a house if I make 60000?

The usual rule of thumb is that you can afford a mortgage two to 2.5 times your annual income. That’s a $120,000 to $150,000 mortgage at $60,000. … Lenders want your principal, interest, taxes and insurance – referred to as PITI – to be 28 percent or less of your gross monthly income.

## What credit score is needed to buy a house in Oregon?

620Step 1: Evaluate your financial situation. If you’re planning to take out a mortgage to pay for your home, you need to understand how your financial situation impacts your buying options. Credit score: While there are low-credit loans, you’ll need a score of at least 620 for most conventional loans.