$359,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $359k 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 359,000 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 $359,000 house.
2% interest
0% down$1,326.93/mo
5% down$1,260.59/mo
10% down$1,194.24/mo
15% down$1,127.89/mo
20% down$1,061.55/mo
25% down$995.20/mo
30% down$928.85/mo
35% down$862.51/mo
40% down$796.16/mo
45% down$729.81/mo
50% down$663.47/mo
4% interest
0% down$1,713.92/mo
5% down$1,628.22/mo
10% down$1,542.53/mo
15% down$1,456.83/mo
20% down$1,371.14/mo
25% down$1,285.44/mo
30% down$1,199.74/mo
35% down$1,114.05/mo
40% down$1,028.35/mo
45% down$942.66/mo
50% down$856.96/mo
6% interest
0% down$2,152.39/mo
5% down$2,044.77/mo
10% down$1,937.15/mo
15% down$1,829.53/mo
20% down$1,721.91/mo
25% down$1,614.29/mo
30% down$1,506.67/mo
35% down$1,399.05/mo
40% down$1,291.43/mo
45% down$1,183.81/mo
50% down$1,076.19/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 359,000 house with a 20% down payment?
($287,200 loan. 30 year mortgage)
0.25%$828.15
0.50%$859.27
0.75%$891.14
1.00%$923.75
1.25%$957.10
1.50%$991.19
1.75%$1,026.00
2.00%$1,061.55
2.25%$1,097.81
2.50%$1,134.79
2.75%$1,172.47
3.00%$1,210.85
3.25%$1,249.91
3.50%$1,289.66
3.75%$1,330.07
4.00%$1,371.14
4.25%$1,412.85
4.50%$1,455.20
4.75%$1,498.17
5.00%$1,541.75
5.25%$1,585.93
5.50%$1,630.69
5.75%$1,676.02
6.00%$1,721.91
6.25%$1,768.34
6.50%$1,815.30
6.75%$1,862.77
7.00%$1,910.75
7.25%$1,959.21
7.50%$2,008.14
7.75%$2,057.54
8.00%$2,107.37
8.25%$2,157.64
8.50%$2,208.32
8.75%$2,259.40
9.00%$2,310.88
9.25%$2,362.72
9.50%$2,414.93
9.75%$2,467.49
10.00%$2,520.39
10.25%$2,573.60
10.50%$2,627.13
10.75%$2,680.96
11.00%$2,735.07
11.25%$2,789.46
11.50%$2,844.12
11.75%$2,899.02
12.00%$2,954.18