Use the mortgage calculator to calculate the cost of buying a $323k 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 323,000 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 $323,000 house.
$323,000 Home at 2%
0% down | $1,193.87/mo |
5% down | $1,134.18/mo |
10% down | $1,074.48/mo |
15% down | $1,014.79/mo |
20% down | $955.10/mo |
25% down | $895.40/mo |
30% down | $835.71/mo |
35% down | $776.02/mo |
40% down | $716.32/mo |
45% down | $656.63/mo |
50% down | $596.94/mo |
$323,000 Home at 4%
0% down | $1,542.05/mo |
5% down | $1,464.95/mo |
10% down | $1,387.85/mo |
15% down | $1,310.74/mo |
20% down | $1,233.64/mo |
25% down | $1,156.54/mo |
30% down | $1,079.44/mo |
35% down | $1,002.33/mo |
40% down | $925.23/mo |
45% down | $848.13/mo |
50% down | $771.03/mo |
$323,000 Home at 6%
0% down | $1,936.55/mo |
5% down | $1,839.72/mo |
10% down | $1,742.89/mo |
15% down | $1,646.07/mo |
20% down | $1,549.24/mo |
25% down | $1,452.41/mo |
30% down | $1,355.58/mo |
35% down | $1,258.76/mo |
40% down | $1,161.93/mo |
45% down | $1,065.10/mo |
50% down | $968.27/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.