$348,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $348k 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 348,000 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 $348,000 house.
2% interest
0% down$1,286.28/mo
5% down$1,221.96/mo
10% down$1,157.65/mo
15% down$1,093.33/mo
20% down$1,029.02/mo
25% down$964.71/mo
30% down$900.39/mo
35% down$836.08/mo
40% down$771.77/mo
45% down$707.45/mo
50% down$643.14/mo
4% interest
0% down$1,661.41/mo
5% down$1,578.33/mo
10% down$1,495.26/mo
15% down$1,412.19/mo
20% down$1,329.12/mo
25% down$1,246.05/mo
30% down$1,162.98/mo
35% down$1,079.91/mo
40% down$996.84/mo
45% down$913.77/mo
50% down$830.70/mo
6% interest
0% down$2,086.44/mo
5% down$1,982.11/mo
10% down$1,877.79/mo
15% down$1,773.47/mo
20% down$1,669.15/mo
25% down$1,564.83/mo
30% down$1,460.51/mo
35% down$1,356.18/mo
40% down$1,251.86/mo
45% down$1,147.54/mo
50% down$1,043.22/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 348,000 house with a 20% down payment?
($278,400 loan. 30 year mortgage)
0.25%$802.78
0.50%$832.94
0.75%$863.83
1.00%$895.44
1.25%$927.77
1.50%$960.81
1.75%$994.57
2.00%$1,029.02
2.25%$1,064.17
2.50%$1,100.02
2.75%$1,136.54
3.00%$1,173.75
3.25%$1,211.61
3.50%$1,250.14
3.75%$1,289.31
4.00%$1,329.12
4.25%$1,369.56
4.50%$1,410.61
4.75%$1,452.27
5.00%$1,494.51
5.25%$1,537.34
5.50%$1,580.72
5.75%$1,624.67
6.00%$1,669.15
6.25%$1,714.16
6.50%$1,759.68
6.75%$1,805.70
7.00%$1,852.20
7.25%$1,899.18
7.50%$1,946.61
7.75%$1,994.49
8.00%$2,042.80
8.25%$2,091.53
8.50%$2,140.66
8.75%$2,190.17
9.00%$2,240.07
9.25%$2,290.33
9.50%$2,340.94
9.75%$2,391.89
10.00%$2,443.16
10.25%$2,494.75
10.50%$2,546.63
10.75%$2,598.81
11.00%$2,651.27
11.25%$2,703.99
11.50%$2,756.97
11.75%$2,810.20
12.00%$2,863.66