$358,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $358k 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 358,000 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 $358,000 house.
2% interest
0% down$1,323.24/mo
5% down$1,257.08/mo
10% down$1,190.91/mo
15% down$1,124.75/mo
20% down$1,058.59/mo
25% down$992.43/mo
30% down$926.27/mo
35% down$860.10/mo
40% down$793.94/mo
45% down$727.78/mo
50% down$661.62/mo
4% interest
0% down$1,709.15/mo
5% down$1,623.69/mo
10% down$1,538.23/mo
15% down$1,452.77/mo
20% down$1,367.32/mo
25% down$1,281.86/mo
30% down$1,196.40/mo
35% down$1,110.95/mo
40% down$1,025.49/mo
45% down$940.03/mo
50% down$854.57/mo
6% interest
0% down$2,146.39/mo
5% down$2,039.07/mo
10% down$1,931.75/mo
15% down$1,824.43/mo
20% down$1,717.11/mo
25% down$1,609.79/mo
30% down$1,502.47/mo
35% down$1,395.15/mo
40% down$1,287.83/mo
45% down$1,180.51/mo
50% down$1,073.20/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 358,000 house with a 20% down payment?
($286,400 loan. 30 year mortgage)
0.25%$825.84
0.50%$856.88
0.75%$888.66
1.00%$921.18
1.25%$954.43
1.50%$988.42
1.75%$1,023.15
2.00%$1,058.59
2.25%$1,094.75
2.50%$1,131.63
2.75%$1,169.20
3.00%$1,207.47
3.25%$1,246.43
3.50%$1,286.06
3.75%$1,326.36
4.00%$1,367.32
4.25%$1,408.92
4.50%$1,451.15
4.75%$1,494.00
5.00%$1,537.46
5.25%$1,581.51
5.50%$1,626.15
5.75%$1,671.35
6.00%$1,717.11
6.25%$1,763.41
6.50%$1,810.24
6.75%$1,857.58
7.00%$1,905.43
7.25%$1,953.75
7.50%$2,002.55
7.75%$2,051.80
8.00%$2,101.50
8.25%$2,151.63
8.50%$2,202.17
8.75%$2,253.11
9.00%$2,304.44
9.25%$2,356.14
9.50%$2,408.21
9.75%$2,460.62
10.00%$2,513.36
10.25%$2,566.43
10.50%$2,619.81
10.75%$2,673.49
11.00%$2,727.45
11.25%$2,781.69
11.50%$2,836.19
11.75%$2,890.95
12.00%$2,945.95