$347,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $347k 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 347,000 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 $347,000 house.
2% interest
0% down$1,282.58/mo
5% down$1,218.45/mo
10% down$1,154.32/mo
15% down$1,090.19/mo
20% down$1,026.06/mo
25% down$961.93/mo
30% down$897.81/mo
35% down$833.68/mo
40% down$769.55/mo
45% down$705.42/mo
50% down$641.29/mo
4% interest
0% down$1,656.63/mo
5% down$1,573.80/mo
10% down$1,490.97/mo
15% down$1,408.14/mo
20% down$1,325.30/mo
25% down$1,242.47/mo
30% down$1,159.64/mo
35% down$1,076.81/mo
40% down$993.98/mo
45% down$911.15/mo
50% down$828.32/mo
6% interest
0% down$2,080.44/mo
5% down$1,976.42/mo
10% down$1,872.40/mo
15% down$1,768.37/mo
20% down$1,664.35/mo
25% down$1,560.33/mo
30% down$1,456.31/mo
35% down$1,352.29/mo
40% down$1,248.26/mo
45% down$1,144.24/mo
50% down$1,040.22/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 347,000 house with a 20% down payment?
($277,600 loan. 30 year mortgage)
0.25%$800.47
0.50%$830.55
0.75%$861.35
1.00%$892.87
1.25%$925.11
1.50%$958.05
1.75%$991.71
2.00%$1,026.06
2.25%$1,061.12
2.50%$1,096.86
2.75%$1,133.28
3.00%$1,170.37
3.25%$1,208.13
3.50%$1,246.55
3.75%$1,285.61
4.00%$1,325.30
4.25%$1,365.63
4.50%$1,406.56
4.75%$1,448.09
5.00%$1,490.22
5.25%$1,532.92
5.50%$1,576.18
5.75%$1,620.00
6.00%$1,664.35
6.25%$1,709.23
6.50%$1,754.62
6.75%$1,800.51
7.00%$1,846.88
7.25%$1,893.72
7.50%$1,941.02
7.75%$1,988.76
8.00%$2,036.93
8.25%$2,085.52
8.50%$2,134.50
8.75%$2,183.88
9.00%$2,233.63
9.25%$2,283.75
9.50%$2,334.21
9.75%$2,385.01
10.00%$2,436.14
10.25%$2,487.58
10.50%$2,539.32
10.75%$2,591.34
11.00%$2,643.65
11.25%$2,696.22
11.50%$2,749.05
11.75%$2,802.12
12.00%$2,855.43