$307,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $307k 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 307,000 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 $307,000 house.
2% interest
0% down$1,134.73/mo
5% down$1,078.00/mo
10% down$1,021.26/mo
15% down$964.52/mo
20% down$907.79/mo
25% down$851.05/mo
30% down$794.31/mo
35% down$737.58/mo
40% down$680.84/mo
45% down$624.10/mo
50% down$567.37/mo
4% interest
0% down$1,465.66/mo
5% down$1,392.38/mo
10% down$1,319.10/mo
15% down$1,245.82/mo
20% down$1,172.53/mo
25% down$1,099.25/mo
30% down$1,025.97/mo
35% down$952.68/mo
40% down$879.40/mo
45% down$806.12/mo
50% down$732.83/mo
6% interest
0% down$1,840.62/mo
5% down$1,748.59/mo
10% down$1,656.56/mo
15% down$1,564.53/mo
20% down$1,472.50/mo
25% down$1,380.47/mo
30% down$1,288.43/mo
35% down$1,196.40/mo
40% down$1,104.37/mo
45% down$1,012.34/mo
50% down$920.31/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 307,000 house with a 20% down payment?
($245,600 loan. 30 year mortgage)
0.25%$708.20
0.50%$734.81
0.75%$762.06
1.00%$789.95
1.25%$818.47
1.50%$847.62
1.75%$877.39
2.00%$907.79
2.25%$938.80
2.50%$970.42
2.75%$1,002.64
3.00%$1,035.46
3.25%$1,068.87
3.50%$1,102.85
3.75%$1,137.41
4.00%$1,172.53
4.25%$1,208.20
4.50%$1,244.42
4.75%$1,281.17
5.00%$1,318.43
5.25%$1,356.21
5.50%$1,394.49
5.75%$1,433.25
6.00%$1,472.50
6.25%$1,512.20
6.50%$1,552.36
6.75%$1,592.96
7.00%$1,633.98
7.25%$1,675.42
7.50%$1,717.27
7.75%$1,759.51
8.00%$1,802.13
8.25%$1,845.11
8.50%$1,888.45
8.75%$1,932.14
9.00%$1,976.15
9.25%$2,020.49
9.50%$2,065.14
9.75%$2,110.08
10.00%$2,155.32
10.25%$2,200.82
10.50%$2,246.60
10.75%$2,292.63
11.00%$2,338.91
11.25%$2,385.42
11.50%$2,432.16
11.75%$2,479.11
12.00%$2,526.27