$338,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $338k 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 338,000 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 $338,000 house.
2% interest
0% down$1,249.31/mo
5% down$1,186.85/mo
10% down$1,124.38/mo
15% down$1,061.92/mo
20% down$999.45/mo
25% down$936.99/mo
30% down$874.52/mo
35% down$812.05/mo
40% down$749.59/mo
45% down$687.12/mo
50% down$624.66/mo
4% interest
0% down$1,613.66/mo
5% down$1,532.98/mo
10% down$1,452.30/mo
15% down$1,371.61/mo
20% down$1,290.93/mo
25% down$1,210.25/mo
30% down$1,129.56/mo
35% down$1,048.88/mo
40% down$968.20/mo
45% down$887.52/mo
50% down$806.83/mo
6% interest
0% down$2,026.48/mo
5% down$1,925.16/mo
10% down$1,823.83/mo
15% down$1,722.51/mo
20% down$1,621.18/mo
25% down$1,519.86/mo
30% down$1,418.54/mo
35% down$1,317.21/mo
40% down$1,215.89/mo
45% down$1,114.56/mo
50% down$1,013.24/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 338,000 house with a 20% down payment?
($270,400 loan. 30 year mortgage)
0.25%$779.71
0.50%$809.01
0.75%$839.01
1.00%$869.71
1.25%$901.11
1.50%$933.21
1.75%$965.99
2.00%$999.45
2.25%$1,033.59
2.50%$1,068.41
2.75%$1,103.88
3.00%$1,140.02
3.25%$1,176.80
3.50%$1,214.22
3.75%$1,252.26
4.00%$1,290.93
4.25%$1,330.21
4.50%$1,370.08
4.75%$1,410.53
5.00%$1,451.57
5.25%$1,493.16
5.50%$1,535.30
5.75%$1,577.98
6.00%$1,621.18
6.25%$1,664.90
6.50%$1,709.11
6.75%$1,753.81
7.00%$1,798.98
7.25%$1,844.60
7.50%$1,890.68
7.75%$1,937.18
8.00%$1,984.10
8.25%$2,031.42
8.50%$2,079.14
8.75%$2,127.24
9.00%$2,175.70
9.25%$2,224.51
9.50%$2,273.67
9.75%$2,323.15
10.00%$2,372.95
10.25%$2,423.06
10.50%$2,473.46
10.75%$2,524.13
11.00%$2,575.08
11.25%$2,626.29
11.50%$2,677.75
11.75%$2,729.44
12.00%$2,781.37