$371,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $371k 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 371,000 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 $371,000 house.
2% interest
0% down$1,371.29/mo
5% down$1,302.72/mo
10% down$1,234.16/mo
15% down$1,165.60/mo
20% down$1,097.03/mo
25% down$1,028.47/mo
30% down$959.90/mo
35% down$891.34/mo
40% down$822.77/mo
45% down$754.21/mo
50% down$685.64/mo
4% interest
0% down$1,771.21/mo
5% down$1,682.65/mo
10% down$1,594.09/mo
15% down$1,505.53/mo
20% down$1,416.97/mo
25% down$1,328.41/mo
30% down$1,239.85/mo
35% down$1,151.29/mo
40% down$1,062.73/mo
45% down$974.17/mo
50% down$885.61/mo
6% interest
0% down$2,224.33/mo
5% down$2,113.12/mo
10% down$2,001.90/mo
15% down$1,890.68/mo
20% down$1,779.47/mo
25% down$1,668.25/mo
30% down$1,557.03/mo
35% down$1,445.82/mo
40% down$1,334.60/mo
45% down$1,223.38/mo
50% down$1,112.17/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 371,000 house with a 20% down payment?
($296,800 loan. 30 year mortgage)
0.25%$855.83
0.50%$887.99
0.75%$920.93
1.00%$954.63
1.25%$989.09
1.50%$1,024.32
1.75%$1,060.30
2.00%$1,097.03
2.25%$1,134.51
2.50%$1,172.72
2.75%$1,211.66
3.00%$1,251.32
3.25%$1,291.69
3.50%$1,332.76
3.75%$1,374.53
4.00%$1,416.97
4.25%$1,460.08
4.50%$1,503.84
4.75%$1,548.25
5.00%$1,593.29
5.25%$1,638.94
5.50%$1,685.20
5.75%$1,732.04
6.00%$1,779.47
6.25%$1,827.45
6.50%$1,875.98
6.75%$1,925.04
7.00%$1,974.62
7.25%$2,024.70
7.50%$2,075.27
7.75%$2,126.31
8.00%$2,177.81
8.25%$2,229.76
8.50%$2,282.14
8.75%$2,334.93
9.00%$2,388.12
9.25%$2,441.70
9.50%$2,495.66
9.75%$2,549.97
10.00%$2,604.63
10.25%$2,659.63
10.50%$2,714.95
10.75%$2,770.57
11.00%$2,826.50
11.25%$2,882.70
11.50%$2,939.18
11.75%$2,995.93
12.00%$3,052.92