$360,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $360k 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 360,000 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 $360,000 house.
2% interest
0% down$1,330.63/mo
5% down$1,264.10/mo
10% down$1,197.57/mo
15% down$1,131.04/mo
20% down$1,064.50/mo
25% down$997.97/mo
30% down$931.44/mo
35% down$864.91/mo
40% down$798.38/mo
45% down$731.85/mo
50% down$665.32/mo
4% interest
0% down$1,718.70/mo
5% down$1,632.76/mo
10% down$1,546.83/mo
15% down$1,460.89/mo
20% down$1,374.96/mo
25% down$1,289.02/mo
30% down$1,203.09/mo
35% down$1,117.15/mo
40% down$1,031.22/mo
45% down$945.28/mo
50% down$859.35/mo
6% interest
0% down$2,158.38/mo
5% down$2,050.46/mo
10% down$1,942.54/mo
15% down$1,834.62/mo
20% down$1,726.71/mo
25% down$1,618.79/mo
30% down$1,510.87/mo
35% down$1,402.95/mo
40% down$1,295.03/mo
45% down$1,187.11/mo
50% down$1,079.19/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 360,000 house with a 20% down payment?
($288,000 loan. 30 year mortgage)
0.25%$830.46
0.50%$861.67
0.75%$893.62
1.00%$926.32
1.25%$959.76
1.50%$993.95
1.75%$1,028.86
2.00%$1,064.50
2.25%$1,100.87
2.50%$1,137.95
2.75%$1,175.73
3.00%$1,214.22
3.25%$1,253.39
3.50%$1,293.25
3.75%$1,333.77
4.00%$1,374.96
4.25%$1,416.79
4.50%$1,459.25
4.75%$1,502.34
5.00%$1,546.05
5.25%$1,590.35
5.50%$1,635.23
5.75%$1,680.69
6.00%$1,726.71
6.25%$1,773.27
6.50%$1,820.36
6.75%$1,867.96
7.00%$1,916.07
7.25%$1,964.67
7.50%$2,013.74
7.75%$2,063.27
8.00%$2,113.24
8.25%$2,163.65
8.50%$2,214.47
8.75%$2,265.70
9.00%$2,317.31
9.25%$2,369.31
9.50%$2,421.66
9.75%$2,474.36
10.00%$2,527.41
10.25%$2,580.77
10.50%$2,634.45
10.75%$2,688.43
11.00%$2,742.69
11.25%$2,797.23
11.50%$2,852.04
11.75%$2,907.10
12.00%$2,962.40