$264,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $264k 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 264,000 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 $264,000 house.
2% interest
0% down$975.80/mo
5% down$927.01/mo
10% down$878.22/mo
15% down$829.43/mo
20% down$780.64/mo
25% down$731.85/mo
30% down$683.06/mo
35% down$634.27/mo
40% down$585.48/mo
45% down$536.69/mo
50% down$487.90/mo
4% interest
0% down$1,260.38/mo
5% down$1,197.36/mo
10% down$1,134.34/mo
15% down$1,071.32/mo
20% down$1,008.30/mo
25% down$945.28/mo
30% down$882.26/mo
35% down$819.24/mo
40% down$756.23/mo
45% down$693.21/mo
50% down$630.19/mo
6% interest
0% down$1,582.81/mo
5% down$1,503.67/mo
10% down$1,424.53/mo
15% down$1,345.39/mo
20% down$1,266.25/mo
25% down$1,187.11/mo
30% down$1,107.97/mo
35% down$1,028.83/mo
40% down$949.69/mo
45% down$870.55/mo
50% down$791.41/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 264,000 house with a 20% down payment?
($211,200 loan. 30 year mortgage)
0.25%$609.00
0.50%$631.89
0.75%$655.32
1.00%$679.30
1.25%$703.83
1.50%$728.89
1.75%$754.50
2.00%$780.64
2.25%$807.30
2.50%$834.50
2.75%$862.21
3.00%$890.43
3.25%$919.16
3.50%$948.38
3.75%$978.10
4.00%$1,008.30
4.25%$1,038.98
4.50%$1,070.12
4.75%$1,101.72
5.00%$1,133.77
5.25%$1,166.25
5.50%$1,199.17
5.75%$1,232.51
6.00%$1,266.25
6.25%$1,300.39
6.50%$1,334.93
6.75%$1,369.84
7.00%$1,405.12
7.25%$1,440.76
7.50%$1,476.74
7.75%$1,513.06
8.00%$1,549.71
8.25%$1,586.68
8.50%$1,623.95
8.75%$1,661.51
9.00%$1,699.36
9.25%$1,737.49
9.50%$1,775.88
9.75%$1,814.53
10.00%$1,853.43
10.25%$1,892.57
10.50%$1,931.93
10.75%$1,971.51
11.00%$2,011.31
11.25%$2,051.30
11.50%$2,091.50
11.75%$2,131.87
12.00%$2,172.43