$350,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $350k 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 350,000 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 $350,000 house.
2% interest
0% down$1,293.67/mo
5% down$1,228.98/mo
10% down$1,164.30/mo
15% down$1,099.62/mo
20% down$1,034.93/mo
25% down$970.25/mo
30% down$905.57/mo
35% down$840.88/mo
40% down$776.20/mo
45% down$711.52/mo
50% down$646.83/mo
4% interest
0% down$1,670.95/mo
5% down$1,587.41/mo
10% down$1,503.86/mo
15% down$1,420.31/mo
20% down$1,336.76/mo
25% down$1,253.22/mo
30% down$1,169.67/mo
35% down$1,086.12/mo
40% down$1,002.57/mo
45% down$919.02/mo
50% down$835.48/mo
6% interest
0% down$2,098.43/mo
5% down$1,993.51/mo
10% down$1,888.58/mo
15% down$1,783.66/mo
20% down$1,678.74/mo
25% down$1,573.82/mo
30% down$1,468.90/mo
35% down$1,363.98/mo
40% down$1,259.06/mo
45% down$1,154.13/mo
50% down$1,049.21/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 350,000 house with a 20% down payment?
($280,000 loan. 30 year mortgage)
0.25%$807.39
0.50%$837.73
0.75%$868.80
1.00%$900.59
1.25%$933.10
1.50%$966.34
1.75%$1,000.28
2.00%$1,034.93
2.25%$1,070.29
2.50%$1,106.34
2.75%$1,143.08
3.00%$1,180.49
3.25%$1,218.58
3.50%$1,257.33
3.75%$1,296.72
4.00%$1,336.76
4.25%$1,377.43
4.50%$1,418.72
4.75%$1,460.61
5.00%$1,503.10
5.25%$1,546.17
5.50%$1,589.81
5.75%$1,634.00
6.00%$1,678.74
6.25%$1,724.01
6.50%$1,769.79
6.75%$1,816.07
7.00%$1,862.85
7.25%$1,910.09
7.50%$1,957.80
7.75%$2,005.95
8.00%$2,054.54
8.25%$2,103.55
8.50%$2,152.96
8.75%$2,202.76
9.00%$2,252.94
9.25%$2,303.49
9.50%$2,354.39
9.75%$2,405.63
10.00%$2,457.20
10.25%$2,509.08
10.50%$2,561.27
10.75%$2,613.75
11.00%$2,666.51
11.25%$2,719.53
11.50%$2,772.82
11.75%$2,826.35
12.00%$2,880.12