google any mortgage calcultor forYour payment will depend on how long the mortgage is for. $65,000 you might do in say 15 years. Assume you can get a low rate of 3.5%
Use this calculator
Mortgage Amount: $65,000
Mortgage Term: 15 years
Interest Rate: 3.5%
Payment calculates out at $465/month.
Play with the number of years to get to a number you like. You'll need to find the current mortgage rate from your bank.
Another way to calculate this problem is starting with the amount you can pay and calculating "How much House Can I Afford?"
This calculator also accounts for taxes and insurance.
Users browsing this forum: No registered users and 0 guests