$238,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $238k 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 238,000 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 $238,000 house.
2% interest
0% down$879.69/mo
5% down$835.71/mo
10% down$791.72/mo
15% down$747.74/mo
20% down$703.76/mo
25% down$659.77/mo
30% down$615.79/mo
35% down$571.80/mo
40% down$527.82/mo
45% down$483.83/mo
50% down$439.85/mo
4% interest
0% down$1,136.25/mo
5% down$1,079.44/mo
10% down$1,022.62/mo
15% down$965.81/mo
20% down$909.00/mo
25% down$852.19/mo
30% down$795.37/mo
35% down$738.56/mo
40% down$681.75/mo
45% down$624.94/mo
50% down$568.12/mo
6% interest
0% down$1,426.93/mo
5% down$1,355.58/mo
10% down$1,284.24/mo
15% down$1,212.89/mo
20% down$1,141.54/mo
25% down$1,070.20/mo
30% down$998.85/mo
35% down$927.50/mo
40% down$856.16/mo
45% down$784.81/mo
50% down$713.47/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 238,000 house with a 20% down payment?
($190,400 loan. 30 year mortgage)
0.25%$549.03
0.50%$569.66
0.75%$590.78
1.00%$612.40
1.25%$634.51
1.50%$657.11
1.75%$680.19
2.00%$703.76
2.25%$727.80
2.50%$752.31
2.75%$777.29
3.00%$802.73
3.25%$828.63
3.50%$854.98
3.75%$881.77
4.00%$909.00
4.25%$936.65
4.50%$964.73
4.75%$993.22
5.00%$1,022.11
5.25%$1,051.40
5.50%$1,081.07
5.75%$1,111.12
6.00%$1,141.54
6.25%$1,172.33
6.50%$1,203.46
6.75%$1,234.93
7.00%$1,266.74
7.25%$1,298.86
7.50%$1,331.30
7.75%$1,364.05
8.00%$1,397.09
8.25%$1,430.41
8.50%$1,464.01
8.75%$1,497.88
9.00%$1,532.00
9.25%$1,566.37
9.50%$1,600.99
9.75%$1,635.83
10.00%$1,670.90
10.25%$1,706.18
10.50%$1,741.66
10.75%$1,777.35
11.00%$1,813.22
11.25%$1,849.28
11.50%$1,885.51
11.75%$1,921.92
12.00%$1,958.48