$355,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $355k 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 355,000 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 $355,000 house.
2% interest
0% down$1,312.15/mo
5% down$1,246.54/mo
10% down$1,180.93/mo
15% down$1,115.33/mo
20% down$1,049.72/mo
25% down$984.11/mo
30% down$918.50/mo
35% down$852.90/mo
40% down$787.29/mo
45% down$721.68/mo
50% down$656.07/mo
4% interest
0% down$1,694.82/mo
5% down$1,610.08/mo
10% down$1,525.34/mo
15% down$1,440.60/mo
20% down$1,355.86/mo
25% down$1,271.12/mo
30% down$1,186.38/mo
35% down$1,101.64/mo
40% down$1,016.89/mo
45% down$932.15/mo
50% down$847.41/mo
6% interest
0% down$2,128.40/mo
5% down$2,021.98/mo
10% down$1,915.56/mo
15% down$1,809.14/mo
20% down$1,702.72/mo
25% down$1,596.30/mo
30% down$1,489.88/mo
35% down$1,383.46/mo
40% down$1,277.04/mo
45% down$1,170.62/mo
50% down$1,064.20/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 355,000 house with a 20% down payment?
($284,000 loan. 30 year mortgage)
0.25%$818.92
0.50%$849.70
0.75%$881.21
1.00%$913.46
1.25%$946.43
1.50%$980.14
1.75%$1,014.57
2.00%$1,049.72
2.25%$1,085.58
2.50%$1,122.14
2.75%$1,159.40
3.00%$1,197.36
3.25%$1,235.99
3.50%$1,275.29
3.75%$1,315.25
4.00%$1,355.86
4.25%$1,397.11
4.50%$1,438.99
4.75%$1,481.48
5.00%$1,524.57
5.25%$1,568.26
5.50%$1,612.52
5.75%$1,657.35
6.00%$1,702.72
6.25%$1,748.64
6.50%$1,795.07
6.75%$1,842.02
7.00%$1,889.46
7.25%$1,937.38
7.50%$1,985.77
7.75%$2,034.61
8.00%$2,083.89
8.25%$2,133.60
8.50%$2,183.71
8.75%$2,234.23
9.00%$2,285.13
9.25%$2,336.40
9.50%$2,388.03
9.75%$2,440.00
10.00%$2,492.30
10.25%$2,544.93
10.50%$2,597.86
10.75%$2,651.09
11.00%$2,704.60
11.25%$2,758.38
11.50%$2,812.43
11.75%$2,866.72
12.00%$2,921.26