Use the mortgage calculator to calculate the cost of buying a $327k 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 327,000 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 $327,000 house.
$327,000 Home at 2%
0% down | $1,208.66/mo |
5% down | $1,148.22/mo |
10% down | $1,087.79/mo |
15% down | $1,027.36/mo |
20% down | $966.92/mo |
25% down | $906.49/mo |
30% down | $846.06/mo |
35% down | $785.63/mo |
40% down | $725.19/mo |
45% down | $664.76/mo |
50% down | $604.33/mo |
$327,000 Home at 4%
0% down | $1,561.15/mo |
5% down | $1,483.09/mo |
10% down | $1,405.03/mo |
15% down | $1,326.98/mo |
20% down | $1,248.92/mo |
25% down | $1,170.86/mo |
30% down | $1,092.80/mo |
35% down | $1,014.75/mo |
40% down | $936.69/mo |
45% down | $858.63/mo |
50% down | $780.57/mo |
$327,000 Home at 6%
0% down | $1,960.53/mo |
5% down | $1,862.50/mo |
10% down | $1,764.48/mo |
15% down | $1,666.45/mo |
20% down | $1,568.42/mo |
25% down | $1,470.40/mo |
30% down | $1,372.37/mo |
35% down | $1,274.34/mo |
40% down | $1,176.32/mo |
45% down | $1,078.29/mo |
50% down | $980.27/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.