Use the mortgage calculator to calculate the cost of buying a $325k 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 325,000 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 $325,000 house.
2% interest
0% down | $1,201.26/mo |
5% down | $1,141.20/mo |
10% down | $1,081.14/mo |
15% down | $1,021.07/mo |
20% down | $961.01/mo |
25% down | $900.95/mo |
30% down | $840.88/mo |
35% down | $780.82/mo |
40% down | $720.76/mo |
45% down | $660.69/mo |
50% down | $600.63/mo |
4% interest
0% down | $1,551.60/mo |
5% down | $1,474.02/mo |
10% down | $1,396.44/mo |
15% down | $1,318.86/mo |
20% down | $1,241.28/mo |
25% down | $1,163.70/mo |
30% down | $1,086.12/mo |
35% down | $1,008.54/mo |
40% down | $930.96/mo |
45% down | $853.38/mo |
50% down | $775.80/mo |
6% interest
0% down | $1,948.54/mo |
5% down | $1,851.11/mo |
10% down | $1,753.69/mo |
15% down | $1,656.26/mo |
20% down | $1,558.83/mo |
25% down | $1,461.40/mo |
30% down | $1,363.98/mo |
35% down | $1,266.55/mo |
40% down | $1,169.12/mo |
45% down | $1,071.70/mo |
50% down | $974.27/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.