$354,000 Mortgage Loan Payments and Costs

$
$
%
years
%

Loan Summary


Use the mortgage calculator to calculate the cost of buying a $354k 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 354,000 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 $354,000 house.
2% interest
0% down$1,308.45/mo
5% down$1,243.03/mo
10% down$1,177.61/mo
15% down$1,112.18/mo
20% down$1,046.76/mo
25% down$981.34/mo
30% down$915.92/mo
35% down$850.49/mo
40% down$785.07/mo
45% down$719.65/mo
50% down$654.23/mo
4% interest
0% down$1,690.05/mo
5% down$1,605.55/mo
10% down$1,521.05/mo
15% down$1,436.54/mo
20% down$1,352.04/mo
25% down$1,267.54/mo
30% down$1,183.04/mo
35% down$1,098.53/mo
40% down$1,014.03/mo
45% down$929.53/mo
50% down$845.03/mo
6% interest
0% down$2,122.41/mo
5% down$2,016.29/mo
10% down$1,910.17/mo
15% down$1,804.05/mo
20% down$1,697.93/mo
25% down$1,591.81/mo
30% down$1,485.69/mo
35% down$1,379.57/mo
40% down$1,273.45/mo
45% down$1,167.32/mo
50% down$1,061.20/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 354,000 house with a 20% down payment?
($283,200 loan. 30 year mortgage)
0.25%$816.62
0.50%$847.30
0.75%$878.73
1.00%$910.88
1.25%$943.77
1.50%$977.38
1.75%$1,011.71
2.00%$1,046.76
2.25%$1,082.52
2.50%$1,118.98
2.75%$1,156.14
3.00%$1,193.98
3.25%$1,232.50
3.50%$1,271.69
3.75%$1,311.54
4.00%$1,352.04
4.25%$1,393.17
4.50%$1,434.93
4.75%$1,477.31
5.00%$1,520.28
5.25%$1,563.84
5.50%$1,607.98
5.75%$1,652.68
6.00%$1,697.93
6.25%$1,743.71
6.50%$1,790.02
6.75%$1,836.83
7.00%$1,884.14
7.25%$1,931.92
7.50%$1,980.18
7.75%$2,028.88
8.00%$2,078.02
8.25%$2,127.59
8.50%$2,177.56
8.75%$2,227.94
9.00%$2,278.69
9.25%$2,329.82
9.50%$2,381.30
9.75%$2,433.13
10.00%$2,485.28
10.25%$2,537.76
10.50%$2,590.54
10.75%$2,643.62
11.00%$2,696.98
11.25%$2,750.61
11.50%$2,804.51
11.75%$2,858.65
12.00%$2,913.03