$291,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $291k 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 291,000 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 $291,000 house.
2% interest
0% down$1,075.59/mo
5% down$1,021.81/mo
10% down$968.03/mo
15% down$914.25/mo
20% down$860.47/mo
25% down$806.69/mo
30% down$752.91/mo
35% down$699.14/mo
40% down$645.36/mo
45% down$591.58/mo
50% down$537.80/mo
4% interest
0% down$1,389.28/mo
5% down$1,319.81/mo
10% down$1,250.35/mo
15% down$1,180.89/mo
20% down$1,111.42/mo
25% down$1,041.96/mo
30% down$972.49/mo
35% down$903.03/mo
40% down$833.57/mo
45% down$764.10/mo
50% down$694.64/mo
6% interest
0% down$1,744.69/mo
5% down$1,657.46/mo
10% down$1,570.22/mo
15% down$1,482.99/mo
20% down$1,395.75/mo
25% down$1,308.52/mo
30% down$1,221.28/mo
35% down$1,134.05/mo
40% down$1,046.82/mo
45% down$959.58/mo
50% down$872.35/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 291,000 house with a 20% down payment?
($232,800 loan. 30 year mortgage)
0.25%$671.29
0.50%$696.51
0.75%$722.34
1.00%$748.78
1.25%$775.81
1.50%$803.44
1.75%$831.66
2.00%$860.47
2.25%$889.87
2.50%$919.84
2.75%$950.39
3.00%$981.49
3.25%$1,013.16
3.50%$1,045.38
3.75%$1,078.13
4.00%$1,111.42
4.25%$1,145.24
4.50%$1,179.56
4.75%$1,214.39
5.00%$1,249.72
5.25%$1,285.53
5.50%$1,321.81
5.75%$1,358.56
6.00%$1,395.75
6.25%$1,433.39
6.50%$1,471.45
6.75%$1,509.94
7.00%$1,548.82
7.25%$1,588.11
7.50%$1,627.77
7.75%$1,667.81
8.00%$1,708.20
8.25%$1,748.95
8.50%$1,790.03
8.75%$1,831.44
9.00%$1,873.16
9.25%$1,915.19
9.50%$1,957.51
9.75%$2,000.11
10.00%$2,042.99
10.25%$2,086.12
10.50%$2,129.51
10.75%$2,173.14
11.00%$2,217.01
11.25%$2,261.10
11.50%$2,305.40
11.75%$2,349.91
12.00%$2,394.61