$344,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $344k 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 344,000 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 $344,000 house.
2% interest
0% down$1,271.49/mo
5% down$1,207.92/mo
10% down$1,144.34/mo
15% down$1,080.77/mo
20% down$1,017.19/mo
25% down$953.62/mo
30% down$890.04/mo
35% down$826.47/mo
40% down$762.89/mo
45% down$699.32/mo
50% down$635.75/mo
4% interest
0% down$1,642.31/mo
5% down$1,560.19/mo
10% down$1,478.08/mo
15% down$1,395.96/mo
20% down$1,313.85/mo
25% down$1,231.73/mo
30% down$1,149.62/mo
35% down$1,067.50/mo
40% down$985.39/mo
45% down$903.27/mo
50% down$821.15/mo
6% interest
0% down$2,062.45/mo
5% down$1,959.33/mo
10% down$1,856.21/mo
15% down$1,753.09/mo
20% down$1,649.96/mo
25% down$1,546.84/mo
30% down$1,443.72/mo
35% down$1,340.59/mo
40% down$1,237.47/mo
45% down$1,134.35/mo
50% down$1,031.23/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 344,000 house with a 20% down payment?
($275,200 loan. 30 year mortgage)
0.25%$793.55
0.50%$823.37
0.75%$853.90
1.00%$885.15
1.25%$917.11
1.50%$949.77
1.75%$983.13
2.00%$1,017.19
2.25%$1,051.94
2.50%$1,087.37
2.75%$1,123.48
3.00%$1,160.25
3.25%$1,197.69
3.50%$1,235.77
3.75%$1,274.49
4.00%$1,313.85
4.25%$1,353.82
4.50%$1,394.40
4.75%$1,435.57
5.00%$1,477.33
5.25%$1,519.66
5.50%$1,562.56
5.75%$1,605.99
6.00%$1,649.96
6.25%$1,694.45
6.50%$1,739.45
6.75%$1,784.94
7.00%$1,830.91
7.25%$1,877.35
7.50%$1,924.24
7.75%$1,971.57
8.00%$2,019.32
8.25%$2,067.49
8.50%$2,116.05
8.75%$2,165.00
9.00%$2,214.32
9.25%$2,264.00
9.50%$2,314.03
9.75%$2,364.39
10.00%$2,415.08
10.25%$2,466.07
10.50%$2,517.36
10.75%$2,568.94
11.00%$2,620.79
11.25%$2,672.91
11.50%$2,725.28
11.75%$2,777.90
12.00%$2,830.74