$1,040 Mortgage Payment

How Much House for 1,040 a Month?
$
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How Does this Work?

  • This calculates the mortgage amount based on the monthly payment, interest rate, and loan length.
  • Add your down payment to the loan amount to calculate the home value.

How much mortgage will a monthly payment of 1,040 afford? How much home can I buy for 1,040 per month? The mortgage amount is based on the monthly payment, interest rate, and loan length. Enter your details into the calculator or browse the chart below.
Loan Amount Based on Rate and Loan Length for a 1,040/month Mortgage.
Rate 5 Year Mortgage 15 Year Mortgage 30 Year Mortgage
0.25% 62,005 183,715 360,668
0.5% 61,614 180,316 347,606
0.75% 61,226 177,002 335,176
1% 60,841 173,769 323,343
1.25% 60,459 170,617 312,076
1.5% 60,081 167,541 301,344
1.75% 59,706 164,541 291,118
2% 59,334 161,614 281,370
2.25% 58,966 158,758 272,076
2.5% 58,600 155,971 263,211
2.75% 58,238 153,252 254,751
3% 57,878 150,598 246,677
3.25% 57,522 148,007 238,967
3.5% 57,169 145,478 231,603
3.75% 56,818 143,010 224,566
4% 56,471 140,600 217,840
4.25% 56,127 138,247 211,408
4.5% 55,785 135,949 205,256
4.75% 55,446 133,705 199,368
5% 55,110 131,513 193,733
5.25% 54,777 129,373 188,336
5.5% 54,447 127,282 183,167
5.75% 54,119 125,239 178,213
6% 53,795 123,244 173,463
6.25% 53,472 121,294 168,909
6.5% 53,153 119,388 164,539
6.75% 52,836 117,526 160,346
7% 52,522 115,706 156,320
7.25% 52,211 113,927 152,453
7.5% 51,902 112,188 148,738
7.75% 51,595 110,488 145,168
8% 51,291 108,826 141,735
8.25% 50,990 107,201 138,433
8.5% 50,691 105,612 135,256
8.75% 50,394 104,057 132,198
9% 50,100 102,537 129,253
9.25% 49,809 101,050 126,417
9.5% 49,519 99,595 123,684
9.75% 49,233 98,172 121,049
10% 48,948 96,780 118,509
More Amounts
1,045
1,050
1,055
1,060
1,065
1,070
1,075
1,080
1,085
1,090
1,095
1,100
1,105
1,110
1,115
1,120
1,125
1,130
1,135
1,140
1,145
1,150
1,155
1,160
1,165
1,170
1,175
1,180
1,185
1,190
1,195
1,200
1,205
1,210
1,215
1,220
1,225
1,230
1,235
1,240