$345,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $345k 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 345,000 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 $345,000 house.
2% interest
0% down$1,275.19/mo
5% down$1,211.43/mo
10% down$1,147.67/mo
15% down$1,083.91/mo
20% down$1,020.15/mo
25% down$956.39/mo
30% down$892.63/mo
35% down$828.87/mo
40% down$765.11/mo
45% down$701.35/mo
50% down$637.59/mo
4% interest
0% down$1,647.08/mo
5% down$1,564.73/mo
10% down$1,482.37/mo
15% down$1,400.02/mo
20% down$1,317.67/mo
25% down$1,235.31/mo
30% down$1,152.96/mo
35% down$1,070.60/mo
40% down$988.25/mo
45% down$905.90/mo
50% down$823.54/mo
6% interest
0% down$2,068.45/mo
5% down$1,965.03/mo
10% down$1,861.60/mo
15% down$1,758.18/mo
20% down$1,654.76/mo
25% down$1,551.34/mo
30% down$1,447.91/mo
35% down$1,344.49/mo
40% down$1,241.07/mo
45% down$1,137.65/mo
50% down$1,034.22/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 345,000 house with a 20% down payment?
($276,000 loan. 30 year mortgage)
0.25%$795.86
0.50%$825.76
0.75%$856.39
1.00%$887.73
1.25%$919.77
1.50%$952.53
1.75%$985.99
2.00%$1,020.15
2.25%$1,055.00
2.50%$1,090.53
2.75%$1,126.75
3.00%$1,163.63
3.25%$1,201.17
3.50%$1,239.36
3.75%$1,278.20
4.00%$1,317.67
4.25%$1,357.75
4.50%$1,398.45
4.75%$1,439.75
5.00%$1,481.63
5.25%$1,524.08
5.50%$1,567.10
5.75%$1,610.66
6.00%$1,654.76
6.25%$1,699.38
6.50%$1,744.51
6.75%$1,790.13
7.00%$1,836.23
7.25%$1,882.81
7.50%$1,929.83
7.75%$1,977.30
8.00%$2,025.19
8.25%$2,073.50
8.50%$2,122.20
8.75%$2,171.29
9.00%$2,220.76
9.25%$2,270.58
9.50%$2,320.76
9.75%$2,371.27
10.00%$2,422.10
10.25%$2,473.24
10.50%$2,524.68
10.75%$2,576.41
11.00%$2,628.41
11.25%$2,680.68
11.50%$2,733.20
11.75%$2,785.97
12.00%$2,838.97