Use the mortgage calculator to calculate the cost of buying a $319k 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 319,000 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 $319,000 house.
$319,000 Home at 2%
| 0% down | $1,179.09/mo |
| 5% down | $1,120.13/mo |
| 10% down | $1,061.18/mo |
| 15% down | $1,002.22/mo |
| 20% down | $943.27/mo |
| 25% down | $884.31/mo |
| 30% down | $825.36/mo |
| 35% down | $766.41/mo |
| 40% down | $707.45/mo |
| 45% down | $648.50/mo |
| 50% down | $589.54/mo |
$319,000 Home at 4%
| 0% down | $1,522.95/mo |
| 5% down | $1,446.81/mo |
| 10% down | $1,370.66/mo |
| 15% down | $1,294.51/mo |
| 20% down | $1,218.36/mo |
| 25% down | $1,142.22/mo |
| 30% down | $1,066.07/mo |
| 35% down | $989.92/mo |
| 40% down | $913.77/mo |
| 45% down | $837.63/mo |
| 50% down | $761.48/mo |
$319,000 Home at 6%
| 0% down | $1,912.57/mo |
| 5% down | $1,816.94/mo |
| 10% down | $1,721.31/mo |
| 15% down | $1,625.68/mo |
| 20% down | $1,530.05/mo |
| 25% down | $1,434.42/mo |
| 30% down | $1,338.80/mo |
| 35% down | $1,243.17/mo |
| 40% down | $1,147.54/mo |
| 45% down | $1,051.91/mo |
| 50% down | $956.28/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.