$315,000 Mortgage Loan Payments and Costs

$
$
%
years
%

Loan Summary


Use the mortgage calculator to calculate the cost of buying a $315k 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 315,000 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 $315,000 house.
2% interest
0% down$1,164.30/mo
5% down$1,106.09/mo
10% down$1,047.87/mo
15% down$989.66/mo
20% down$931.44/mo
25% down$873.23/mo
30% down$815.01/mo
35% down$756.80/mo
40% down$698.58/mo
45% down$640.37/mo
50% down$582.15/mo
4% interest
0% down$1,503.86/mo
5% down$1,428.67/mo
10% down$1,353.47/mo
15% down$1,278.28/mo
20% down$1,203.09/mo
25% down$1,127.89/mo
30% down$1,052.70/mo
35% down$977.51/mo
40% down$902.31/mo
45% down$827.12/mo
50% down$751.93/mo
6% interest
0% down$1,888.58/mo
5% down$1,794.15/mo
10% down$1,699.73/mo
15% down$1,605.30/mo
20% down$1,510.87/mo
25% down$1,416.44/mo
30% down$1,322.01/mo
35% down$1,227.58/mo
40% down$1,133.15/mo
45% down$1,038.72/mo
50% down$944.29/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 315,000 house with a 20% down payment?
($252,000 loan. 30 year mortgage)
0.25%$726.65
0.50%$753.96
0.75%$781.92
1.00%$810.53
1.25%$839.79
1.50%$869.70
1.75%$900.25
2.00%$931.44
2.25%$963.26
2.50%$995.70
2.75%$1,028.77
3.00%$1,062.44
3.25%$1,096.72
3.50%$1,131.59
3.75%$1,167.05
4.00%$1,203.09
4.25%$1,239.69
4.50%$1,276.85
4.75%$1,314.55
5.00%$1,352.79
5.25%$1,391.55
5.50%$1,430.83
5.75%$1,470.60
6.00%$1,510.87
6.25%$1,551.61
6.50%$1,592.81
6.75%$1,634.47
7.00%$1,676.56
7.25%$1,719.08
7.50%$1,762.02
7.75%$1,805.36
8.00%$1,849.09
8.25%$1,893.19
8.50%$1,937.66
8.75%$1,982.49
9.00%$2,027.65
9.25%$2,073.14
9.50%$2,118.95
9.75%$2,165.07
10.00%$2,211.48
10.25%$2,258.18
10.50%$2,305.14
10.75%$2,352.37
11.00%$2,399.85
11.25%$2,447.58
11.50%$2,495.53
11.75%$2,543.71
12.00%$2,592.10