$351,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $351k 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 351,000 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 $351,000 house.
2% interest
0% down$1,297.36/mo
5% down$1,232.50/mo
10% down$1,167.63/mo
15% down$1,102.76/mo
20% down$1,037.89/mo
25% down$973.02/mo
30% down$908.16/mo
35% down$843.29/mo
40% down$778.42/mo
45% down$713.55/mo
50% down$648.68/mo
4% interest
0% down$1,675.73/mo
5% down$1,591.94/mo
10% down$1,508.15/mo
15% down$1,424.37/mo
20% down$1,340.58/mo
25% down$1,256.80/mo
30% down$1,173.01/mo
35% down$1,089.22/mo
40% down$1,005.44/mo
45% down$921.65/mo
50% down$837.86/mo
6% interest
0% down$2,104.42/mo
5% down$1,999.20/mo
10% down$1,893.98/mo
15% down$1,788.76/mo
20% down$1,683.54/mo
25% down$1,578.32/mo
30% down$1,473.10/mo
35% down$1,367.87/mo
40% down$1,262.65/mo
45% down$1,157.43/mo
50% down$1,052.21/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 351,000 house with a 20% down payment?
($280,800 loan. 30 year mortgage)
0.25%$809.70
0.50%$840.12
0.75%$871.28
1.00%$903.16
1.25%$935.77
1.50%$969.10
1.75%$1,003.14
2.00%$1,037.89
2.25%$1,073.35
2.50%$1,109.50
2.75%$1,146.34
3.00%$1,183.86
3.25%$1,222.06
3.50%$1,260.92
3.75%$1,300.43
4.00%$1,340.58
4.25%$1,381.37
4.50%$1,422.77
4.75%$1,464.79
5.00%$1,507.40
5.25%$1,550.59
5.50%$1,594.35
5.75%$1,638.67
6.00%$1,683.54
6.25%$1,728.93
6.50%$1,774.85
6.75%$1,821.26
7.00%$1,868.17
7.25%$1,915.55
7.50%$1,963.39
7.75%$2,011.69
8.00%$2,060.41
8.25%$2,109.56
8.50%$2,159.11
8.75%$2,209.05
9.00%$2,259.38
9.25%$2,310.07
9.50%$2,361.12
9.75%$2,412.51
10.00%$2,464.22
10.25%$2,516.25
10.50%$2,568.59
10.75%$2,621.22
11.00%$2,674.12
11.25%$2,727.30
11.50%$2,780.74
11.75%$2,834.42
12.00%$2,888.34