Use the mortgage calculator to calculate the cost of buying a $356k 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 356,000 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 $356,000 house.
$356,000 Home at 2%
| 0% down | $1,315.85/mo |
| 5% down | $1,250.05/mo |
| 10% down | $1,184.26/mo |
| 15% down | $1,118.47/mo |
| 20% down | $1,052.68/mo |
| 25% down | $986.88/mo |
| 30% down | $921.09/mo |
| 35% down | $855.30/mo |
| 40% down | $789.51/mo |
| 45% down | $723.71/mo |
| 50% down | $657.92/mo |
$356,000 Home at 4%
| 0% down | $1,699.60/mo |
| 5% down | $1,614.62/mo |
| 10% down | $1,529.64/mo |
| 15% down | $1,444.66/mo |
| 20% down | $1,359.68/mo |
| 25% down | $1,274.70/mo |
| 30% down | $1,189.72/mo |
| 35% down | $1,104.74/mo |
| 40% down | $1,019.76/mo |
| 45% down | $934.78/mo |
| 50% down | $849.80/mo |
$356,000 Home at 6%
| 0% down | $2,134.40/mo |
| 5% down | $2,027.68/mo |
| 10% down | $1,920.96/mo |
| 15% down | $1,814.24/mo |
| 20% down | $1,707.52/mo |
| 25% down | $1,600.80/mo |
| 30% down | $1,494.08/mo |
| 35% down | $1,387.36/mo |
| 40% down | $1,280.64/mo |
| 45% down | $1,173.92/mo |
| 50% down | $1,067.20/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.