Use the mortgage calculator to calculate the cost of buying a $334k 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 334,000 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 $334,000 house.
$334,000 Home at 2%
| 0% down | $1,234.53/mo |
| 5% down | $1,172.80/mo |
| 10% down | $1,111.08/mo |
| 15% down | $1,049.35/mo |
| 20% down | $987.62/mo |
| 25% down | $925.90/mo |
| 30% down | $864.17/mo |
| 35% down | $802.44/mo |
| 40% down | $740.72/mo |
| 45% down | $678.99/mo |
| 50% down | $617.26/mo |
$334,000 Home at 4%
| 0% down | $1,594.57/mo |
| 5% down | $1,514.84/mo |
| 10% down | $1,435.11/mo |
| 15% down | $1,355.38/mo |
| 20% down | $1,275.65/mo |
| 25% down | $1,195.93/mo |
| 30% down | $1,116.20/mo |
| 35% down | $1,036.47/mo |
| 40% down | $956.74/mo |
| 45% down | $877.01/mo |
| 50% down | $797.28/mo |
$334,000 Home at 6%
| 0% down | $2,002.50/mo |
| 5% down | $1,902.37/mo |
| 10% down | $1,802.25/mo |
| 15% down | $1,702.12/mo |
| 20% down | $1,602.00/mo |
| 25% down | $1,501.87/mo |
| 30% down | $1,401.75/mo |
| 35% down | $1,301.62/mo |
| 40% down | $1,201.50/mo |
| 45% down | $1,101.37/mo |
| 50% down | $1,001.25/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.