Use the mortgage calculator to calculate the cost of buying a $373k 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 373,000 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 $373,000 house.
$373,000 Home at 2%
| 0% down | $1,378.68/mo |
| 5% down | $1,309.75/mo |
| 10% down | $1,240.81/mo |
| 15% down | $1,171.88/mo |
| 20% down | $1,102.94/mo |
| 25% down | $1,034.01/mo |
| 30% down | $965.08/mo |
| 35% down | $896.14/mo |
| 40% down | $827.21/mo |
| 45% down | $758.27/mo |
| 50% down | $689.34/mo |
$373,000 Home at 4%
| 0% down | $1,780.76/mo |
| 5% down | $1,691.72/mo |
| 10% down | $1,602.68/mo |
| 15% down | $1,513.65/mo |
| 20% down | $1,424.61/mo |
| 25% down | $1,335.57/mo |
| 30% down | $1,246.53/mo |
| 35% down | $1,157.49/mo |
| 40% down | $1,068.46/mo |
| 45% down | $979.42/mo |
| 50% down | $890.38/mo |
$373,000 Home at 6%
| 0% down | $2,236.32/mo |
| 5% down | $2,124.51/mo |
| 10% down | $2,012.69/mo |
| 15% down | $1,900.87/mo |
| 20% down | $1,789.06/mo |
| 25% down | $1,677.24/mo |
| 30% down | $1,565.43/mo |
| 35% down | $1,453.61/mo |
| 40% down | $1,341.79/mo |
| 45% down | $1,229.98/mo |
| 50% down | $1,118.16/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.