$241,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $241k 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 241,000 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 $241,000 house.
2% interest
0% down$890.78/mo
5% down$846.24/mo
10% down$801.70/mo
15% down$757.17/mo
20% down$712.63/mo
25% down$668.09/mo
30% down$623.55/mo
35% down$579.01/mo
40% down$534.47/mo
45% down$489.93/mo
50% down$445.39/mo
4% interest
0% down$1,150.57/mo
5% down$1,093.04/mo
10% down$1,035.51/mo
15% down$977.99/mo
20% down$920.46/mo
25% down$862.93/mo
30% down$805.40/mo
35% down$747.87/mo
40% down$690.34/mo
45% down$632.81/mo
50% down$575.29/mo
6% interest
0% down$1,444.92/mo
5% down$1,372.67/mo
10% down$1,300.43/mo
15% down$1,228.18/mo
20% down$1,155.93/mo
25% down$1,083.69/mo
30% down$1,011.44/mo
35% down$939.20/mo
40% down$866.95/mo
45% down$794.70/mo
50% down$722.46/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 241,000 house with a 20% down payment?
($192,800 loan. 30 year mortgage)
0.25%$555.95
0.50%$576.84
0.75%$598.23
1.00%$620.12
1.25%$642.51
1.50%$665.39
1.75%$688.77
2.00%$712.63
2.25%$736.97
2.50%$761.79
2.75%$787.09
3.00%$812.85
3.25%$839.08
3.50%$865.76
3.75%$892.89
4.00%$920.46
4.25%$948.46
4.50%$976.89
4.75%$1,005.74
5.00%$1,034.99
5.25%$1,064.65
5.50%$1,094.70
5.75%$1,125.13
6.00%$1,155.93
6.25%$1,187.10
6.50%$1,218.63
6.75%$1,250.50
7.00%$1,282.70
7.25%$1,315.24
7.50%$1,348.09
7.75%$1,381.24
8.00%$1,414.70
8.25%$1,448.44
8.50%$1,482.47
8.75%$1,516.76
9.00%$1,551.31
9.25%$1,586.12
9.50%$1,621.17
9.75%$1,656.45
10.00%$1,691.96
10.25%$1,727.68
10.50%$1,763.62
10.75%$1,799.75
11.00%$1,836.08
11.25%$1,872.59
11.50%$1,909.28
11.75%$1,946.14
12.00%$1,983.17