Use the mortgage calculator to calculate the cost of buying a $239k home. Change the numbers to see different options.
This calc can be used for car loans, debt, real estate, home purchase, etc.
Can I afford a 239,000 dollar house? It depends.
In addition to the mortgage payment, a home also has insurance, maintenance, and taxes.
Taxes can vary drastically by area. A very rough estimate is to not spend more than 30% of your income
on housing.
How do I get a mortgage? A simple first step is to talk to a local banker and fill out a mortgage application. Then consider other offers, either local or online.
How much of a down payment should I make? Here's a little chart that shows monthly payments based on down payment for a $239,000 house.
$239,000 Home at 2%
| 0% down | $883.39/mo |
| 5% down | $839.22/mo |
| 10% down | $795.05/mo |
| 15% down | $750.88/mo |
| 20% down | $706.71/mo |
| 25% down | $662.54/mo |
| 30% down | $618.37/mo |
| 35% down | $574.20/mo |
| 40% down | $530.03/mo |
| 45% down | $485.86/mo |
| 50% down | $441.70/mo |
$239,000 Home at 4%
| 0% down | $1,141.02/mo |
| 5% down | $1,083.97/mo |
| 10% down | $1,026.92/mo |
| 15% down | $969.87/mo |
| 20% down | $912.82/mo |
| 25% down | $855.77/mo |
| 30% down | $798.72/mo |
| 35% down | $741.66/mo |
| 40% down | $684.61/mo |
| 45% down | $627.56/mo |
| 50% down | $570.51/mo |
$239,000 Home at 6%
| 0% down | $1,432.93/mo |
| 5% down | $1,361.28/mo |
| 10% down | $1,289.63/mo |
| 15% down | $1,217.99/mo |
| 20% down | $1,146.34/mo |
| 25% down | $1,074.69/mo |
| 30% down | $1,003.05/mo |
| 35% down | $931.40/mo |
| 40% down | $859.76/mo |
| 45% down | $788.11/mo |
| 50% down | $716.46/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.