$301,000 Mortgage Loan Payments and Costs

$
$
%
years
%

Loan Summary


Use the mortgage calculator to calculate the cost of buying a $301k 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 301,000 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 $301,000 house.
2% interest
0% down$1,112.55/mo
5% down$1,056.93/mo
10% down$1,001.30/mo
15% down$945.67/mo
20% down$890.04/mo
25% down$834.42/mo
30% down$778.79/mo
35% down$723.16/mo
40% down$667.53/mo
45% down$611.91/mo
50% down$556.28/mo
4% interest
0% down$1,437.02/mo
5% down$1,365.17/mo
10% down$1,293.32/mo
15% down$1,221.47/mo
20% down$1,149.62/mo
25% down$1,077.77/mo
30% down$1,005.91/mo
35% down$934.06/mo
40% down$862.21/mo
45% down$790.36/mo
50% down$718.51/mo
6% interest
0% down$1,804.65/mo
5% down$1,714.41/mo
10% down$1,624.18/mo
15% down$1,533.95/mo
20% down$1,443.72/mo
25% down$1,353.49/mo
30% down$1,263.25/mo
35% down$1,173.02/mo
40% down$1,082.79/mo
45% down$992.56/mo
50% down$902.32/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 301,000 house with a 20% down payment?
($240,800 loan. 30 year mortgage)
0.25%$694.36
0.50%$720.45
0.75%$747.17
1.00%$774.51
1.25%$802.47
1.50%$831.05
1.75%$860.24
2.00%$890.04
2.25%$920.45
2.50%$951.45
2.75%$983.04
3.00%$1,015.22
3.25%$1,047.98
3.50%$1,081.30
3.75%$1,115.18
4.00%$1,149.62
4.25%$1,184.59
4.50%$1,220.10
4.75%$1,256.13
5.00%$1,292.67
5.25%$1,329.71
5.50%$1,367.24
5.75%$1,405.24
6.00%$1,443.72
6.25%$1,482.65
6.50%$1,522.02
6.75%$1,561.82
7.00%$1,602.05
7.25%$1,642.68
7.50%$1,683.71
7.75%$1,725.12
8.00%$1,766.91
8.25%$1,809.05
8.50%$1,851.54
8.75%$1,894.37
9.00%$1,937.53
9.25%$1,981.00
9.50%$2,024.78
9.75%$2,068.84
10.00%$2,113.19
10.25%$2,157.81
10.50%$2,202.69
10.75%$2,247.82
11.00%$2,293.19
11.25%$2,338.80
11.50%$2,384.62
11.75%$2,430.66
12.00%$2,476.90