Use the mortgage calculator to calculate the cost of buying a $364k 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 364,000 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 $364,000 house.
$364,000 Home at 2%
| 0% down | $1,345.41/mo |
| 5% down | $1,278.14/mo |
| 10% down | $1,210.87/mo |
| 15% down | $1,143.60/mo |
| 20% down | $1,076.33/mo |
| 25% down | $1,009.06/mo |
| 30% down | $941.79/mo |
| 35% down | $874.52/mo |
| 40% down | $807.25/mo |
| 45% down | $739.98/mo |
| 50% down | $672.71/mo |
$364,000 Home at 4%
| 0% down | $1,737.79/mo |
| 5% down | $1,650.90/mo |
| 10% down | $1,564.01/mo |
| 15% down | $1,477.12/mo |
| 20% down | $1,390.23/mo |
| 25% down | $1,303.34/mo |
| 30% down | $1,216.45/mo |
| 35% down | $1,129.56/mo |
| 40% down | $1,042.68/mo |
| 45% down | $955.79/mo |
| 50% down | $868.90/mo |
$364,000 Home at 6%
| 0% down | $2,182.36/mo |
| 5% down | $2,073.25/mo |
| 10% down | $1,964.13/mo |
| 15% down | $1,855.01/mo |
| 20% down | $1,745.89/mo |
| 25% down | $1,636.77/mo |
| 30% down | $1,527.65/mo |
| 35% down | $1,418.54/mo |
| 40% down | $1,309.42/mo |
| 45% down | $1,200.30/mo |
| 50% down | $1,091.18/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.