
Assuming you are asking for a monthly mortgage payment on a $125,000 loan with a 4% interest rate and 30 year loan period, the monthly payment would be $606.08.
To calculate, use the mortgage formula: M=P[r(1+r)^n/((1+r)^n)-1)] Where: M = monthly mortgage payment P = the principal loan amount r = your monthly interest rate, converted to a decimal by dividing by 100. So, 4% interest would be 0.04 n = the number of payments you'll make. Multiply the number of years by 12 to get the number of months. For example, 30 years * 12 = 360 payments
$125,000 loan $606.08 monthly payment $75,360 in interest paid over the life of the loan
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How much is a mortgage payment on $125,000?
Assuming you are asking for a monthly mortgage payment for a $125,000 loan with a 4% interest rate and 30 year term, your mortgage payment would be $606.87.
To calculate, use the mortgage formula: M=P[r(1+r)^n/((1+r)^n)-1)]
Where: M = Monthly Payment P = Loan Amount r = Interest Rate (decimal) n = Number of monthly payments
Plugging in the values: M = 125000[.04(1+.04)^360/{((1+.04)^360)-1})] M = $606.87
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How much would a mortgage payment be on a $125,000 home?
Assuming you are taking out a 30-year fixed rate mortgage for $125,000 at an interest rate of 3.5%, your monthly payments would be $562.50.
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What is the monthly payment for a $125,000 mortgage?
Assuming you are referring to a 30 year fixed rate mortgage at 4% interest, the monthly payment would be $610. However, this is only the principal and interest payment and does not include taxes or insurance, which would be additional monthly costs. Therefore, your total monthly payment on a $125,000 mortgage would be more like $700-$800, depending on the taxes and insurance in your area.
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How much is the monthly payment on a $125,000 mortgage?
Assuming you are referring to a standard 30-year mortgage, with a fixed interest rate of 4.5%, the monthly payment on a $125,000 mortgage would be $606.63.
To calculate this, we first need to calculate the monthly interest rate, which we do by dividing the annual interest rate by 12. In this case, 4.5% divided by 12 equals 0.0375. We then add 1 to this, which gives us 1.0375.
Next, we take the number of payments and subtract 1 from it. In this case, that would be 30-1, or 29. We then take 1 and divide it by 1.0375, which equals 0.967.
Lastly, we take the loan amount, $125,000, and multiply it by 0.967, which equals $121,025. This is the monthly payment amount before taxes and insurance.
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What is the interest rate on a $125,000 mortgage?
The interest rate on a $125,000 mortgage is the rate of interest charged on the outstanding balance of the mortgage. This can vary depending on the type of mortgage and the lender, but is typically a percentage of the mortgage balance. For example, if the interest rate on a $125,000 mortgage is 4%, then the monthly interest payment would be $500.
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How much would my monthly payment be if I financed $125,000 for a home?
Assuming you are in the United States, the monthly payment would be $601.03 for a 30-year fixed mortgage with an interest rate of 4.5%. This calculation is made using
P = L[c(1 + c)n]/[(1 + c)n - 1],
where P is the monthly payment, L is the loan amount, c is the monthly interest rate, expressed as a decimal, and n is the number of payments (360 for a 30-year mortgage).
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Frequently Asked Questions
How much is a mortgage on a 125 000 house?
A mortgage on a 125 000 house would be $100,000.
How much of a mortgage can I afford?
You can afford a mortgage for $128,975.
How do you pay back a 30 year mortgage?
This answer was taken from Money basics: Answers to your questions about mortgages. As the principal payment on a 30-year mortgage approaches the loan’s scheduled finish date, more and more of it goes towards paying down the principal. That doesn’t mean that you stop making interest payments until the entire loan is paid off - those continue as usual. It’s just that as each month’s payment reduces the principal balance on the loan, it also reduces future monthly payments.
What is the monthly payment for a 30-year fixed mortgage?
A 30-year fixed mortgage with a 3.5% interest rate would have a monthly payment of $449.
What is the monthly payment on a 125 000 house?
125000* 0.9375 = $449
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- https://www.bing.com/ck/a
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