$258,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $258k 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 258,000 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 $258,000 house.
2% interest
0% down$953.62/mo
5% down$905.94/mo
10% down$858.26/mo
15% down$810.58/mo
20% down$762.89/mo
25% down$715.21/mo
30% down$667.53/mo
35% down$619.85/mo
40% down$572.17/mo
45% down$524.49/mo
50% down$476.81/mo
4% interest
0% down$1,231.73/mo
5% down$1,170.14/mo
10% down$1,108.56/mo
15% down$1,046.97/mo
20% down$985.39/mo
25% down$923.80/mo
30% down$862.21/mo
35% down$800.63/mo
40% down$739.04/mo
45% down$677.45/mo
50% down$615.87/mo
6% interest
0% down$1,546.84/mo
5% down$1,469.50/mo
10% down$1,392.16/mo
15% down$1,314.81/mo
20% down$1,237.47/mo
25% down$1,160.13/mo
30% down$1,082.79/mo
35% down$1,005.45/mo
40% down$928.10/mo
45% down$850.76/mo
50% down$773.42/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 258,000 house with a 20% down payment?
($206,400 loan. 30 year mortgage)
0.25%$595.16
0.50%$617.53
0.75%$640.43
1.00%$663.86
1.25%$687.83
1.50%$712.33
1.75%$737.35
2.00%$762.89
2.25%$788.96
2.50%$815.53
2.75%$842.61
3.00%$870.19
3.25%$898.27
3.50%$926.83
3.75%$955.87
4.00%$985.39
4.25%$1,015.36
4.50%$1,045.80
4.75%$1,076.68
5.00%$1,108.00
5.25%$1,139.75
5.50%$1,171.92
5.75%$1,204.49
6.00%$1,237.47
6.25%$1,270.84
6.50%$1,304.59
6.75%$1,338.71
7.00%$1,373.18
7.25%$1,408.01
7.50%$1,443.18
7.75%$1,478.67
8.00%$1,514.49
8.25%$1,550.61
8.50%$1,587.04
8.75%$1,623.75
9.00%$1,660.74
9.25%$1,698.00
9.50%$1,735.52
9.75%$1,773.29
10.00%$1,811.31
10.25%$1,849.55
10.50%$1,888.02
10.75%$1,926.71
11.00%$1,965.60
11.25%$2,004.68
11.50%$2,043.96
11.75%$2,083.42
12.00%$2,123.06