$270,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $270k 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 270,000 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 $270,000 house.
2% interest
0% down$997.97/mo
5% down$948.07/mo
10% down$898.18/mo
15% down$848.28/mo
20% down$798.38/mo
25% down$748.48/mo
30% down$698.58/mo
35% down$648.68/mo
40% down$598.78/mo
45% down$548.88/mo
50% down$498.99/mo
4% interest
0% down$1,289.02/mo
5% down$1,224.57/mo
10% down$1,160.12/mo
15% down$1,095.67/mo
20% down$1,031.22/mo
25% down$966.77/mo
30% down$902.31/mo
35% down$837.86/mo
40% down$773.41/mo
45% down$708.96/mo
50% down$644.51/mo
6% interest
0% down$1,618.79/mo
5% down$1,537.85/mo
10% down$1,456.91/mo
15% down$1,375.97/mo
20% down$1,295.03/mo
25% down$1,214.09/mo
30% down$1,133.15/mo
35% down$1,052.21/mo
40% down$971.27/mo
45% down$890.33/mo
50% down$809.39/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 270,000 house with a 20% down payment?
($216,000 loan. 30 year mortgage)
0.25%$622.84
0.50%$646.25
0.75%$670.22
1.00%$694.74
1.25%$719.82
1.50%$745.46
1.75%$771.65
2.00%$798.38
2.25%$825.65
2.50%$853.46
2.75%$881.80
3.00%$910.66
3.25%$940.05
3.50%$969.94
3.75%$1,000.33
4.00%$1,031.22
4.25%$1,062.59
4.50%$1,094.44
4.75%$1,126.76
5.00%$1,159.53
5.25%$1,192.76
5.50%$1,226.42
5.75%$1,260.52
6.00%$1,295.03
6.25%$1,329.95
6.50%$1,365.27
6.75%$1,400.97
7.00%$1,437.05
7.25%$1,473.50
7.50%$1,510.30
7.75%$1,547.45
8.00%$1,584.93
8.25%$1,622.74
8.50%$1,660.85
8.75%$1,699.27
9.00%$1,737.98
9.25%$1,776.98
9.50%$1,816.25
9.75%$1,855.77
10.00%$1,895.55
10.25%$1,935.58
10.50%$1,975.84
10.75%$2,016.32
11.00%$2,057.02
11.25%$2,097.92
11.50%$2,139.03
11.75%$2,180.33
12.00%$2,221.80