Use the mortgage calculator to calculate the cost of buying a $365k 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 365,000 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 $365,000 house.
$365,000 Home at 2%
0% down | $1,349.11/mo |
5% down | $1,281.66/mo |
10% down | $1,214.20/mo |
15% down | $1,146.74/mo |
20% down | $1,079.29/mo |
25% down | $1,011.83/mo |
30% down | $944.38/mo |
35% down | $876.92/mo |
40% down | $809.47/mo |
45% down | $742.01/mo |
50% down | $674.56/mo |
$365,000 Home at 4%
0% down | $1,742.57/mo |
5% down | $1,655.44/mo |
10% down | $1,568.31/mo |
15% down | $1,481.18/mo |
20% down | $1,394.05/mo |
25% down | $1,306.92/mo |
30% down | $1,219.80/mo |
35% down | $1,132.67/mo |
40% down | $1,045.54/mo |
45% down | $958.41/mo |
50% down | $871.28/mo |
$365,000 Home at 6%
0% down | $2,188.36/mo |
5% down | $2,078.94/mo |
10% down | $1,969.52/mo |
15% down | $1,860.11/mo |
20% down | $1,750.69/mo |
25% down | $1,641.27/mo |
30% down | $1,531.85/mo |
35% down | $1,422.43/mo |
40% down | $1,313.02/mo |
45% down | $1,203.60/mo |
50% down | $1,094.18/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.