$290,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $290k 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 290,000 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 $290,000 house.
2% interest
0% down$1,071.90/mo
5% down$1,018.30/mo
10% down$964.71/mo
15% down$911.11/mo
20% down$857.52/mo
25% down$803.92/mo
30% down$750.33/mo
35% down$696.73/mo
40% down$643.14/mo
45% down$589.54/mo
50% down$535.95/mo
4% interest
0% down$1,384.50/mo
5% down$1,315.28/mo
10% down$1,246.05/mo
15% down$1,176.83/mo
20% down$1,107.60/mo
25% down$1,038.38/mo
30% down$969.15/mo
35% down$899.93/mo
40% down$830.70/mo
45% down$761.48/mo
50% down$692.25/mo
6% interest
0% down$1,738.70/mo
5% down$1,651.76/mo
10% down$1,564.83/mo
15% down$1,477.89/mo
20% down$1,390.96/mo
25% down$1,304.02/mo
30% down$1,217.09/mo
35% down$1,130.15/mo
40% down$1,043.22/mo
45% down$956.28/mo
50% down$869.35/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 290,000 house with a 20% down payment?
($232,000 loan. 30 year mortgage)
0.25%$668.98
0.50%$694.12
0.75%$719.86
1.00%$746.20
1.25%$773.14
1.50%$800.68
1.75%$828.80
2.00%$857.52
2.25%$886.81
2.50%$916.68
2.75%$947.12
3.00%$978.12
3.25%$1,009.68
3.50%$1,041.78
3.75%$1,074.43
4.00%$1,107.60
4.25%$1,141.30
4.50%$1,175.51
4.75%$1,210.22
5.00%$1,245.43
5.25%$1,281.11
5.50%$1,317.27
5.75%$1,353.89
6.00%$1,390.96
6.25%$1,428.46
6.50%$1,466.40
6.75%$1,504.75
7.00%$1,543.50
7.25%$1,582.65
7.50%$1,622.18
7.75%$1,662.08
8.00%$1,702.33
8.25%$1,742.94
8.50%$1,783.88
8.75%$1,825.14
9.00%$1,866.72
9.25%$1,908.61
9.50%$1,950.78
9.75%$1,993.24
10.00%$2,035.97
10.25%$2,078.96
10.50%$2,122.20
10.75%$2,165.68
11.00%$2,209.39
11.25%$2,253.33
11.50%$2,297.48
11.75%$2,341.83
12.00%$2,386.38