Use the mortgage calculator to calculate the cost of buying a $357k 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 357,000 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 $357,000 house.
$357,000 Home at 2%
| 0% down | $1,319.54/mo |
| 5% down | $1,253.56/mo |
| 10% down | $1,187.59/mo |
| 15% down | $1,121.61/mo |
| 20% down | $1,055.63/mo |
| 25% down | $989.66/mo |
| 30% down | $923.68/mo |
| 35% down | $857.70/mo |
| 40% down | $791.72/mo |
| 45% down | $725.75/mo |
| 50% down | $659.77/mo |
$357,000 Home at 4%
| 0% down | $1,704.37/mo |
| 5% down | $1,619.15/mo |
| 10% down | $1,533.94/mo |
| 15% down | $1,448.72/mo |
| 20% down | $1,363.50/mo |
| 25% down | $1,278.28/mo |
| 30% down | $1,193.06/mo |
| 35% down | $1,107.84/mo |
| 40% down | $1,022.62/mo |
| 45% down | $937.40/mo |
| 50% down | $852.19/mo |
$357,000 Home at 6%
| 0% down | $2,140.40/mo |
| 5% down | $2,033.38/mo |
| 10% down | $1,926.36/mo |
| 15% down | $1,819.34/mo |
| 20% down | $1,712.32/mo |
| 25% down | $1,605.30/mo |
| 30% down | $1,498.28/mo |
| 35% down | $1,391.26/mo |
| 40% down | $1,284.24/mo |
| 45% down | $1,177.22/mo |
| 50% down | $1,070.20/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.