Use the mortgage calculator to calculate the cost of buying a $377k 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 377,000 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 $377,000 house.
$377,000 Home at 2%
| 0% down | $1,393.47/mo |
| 5% down | $1,323.79/mo |
| 10% down | $1,254.12/mo |
| 15% down | $1,184.45/mo |
| 20% down | $1,114.77/mo |
| 25% down | $1,045.10/mo |
| 30% down | $975.43/mo |
| 35% down | $905.75/mo |
| 40% down | $836.08/mo |
| 45% down | $766.41/mo |
| 50% down | $696.73/mo |
$377,000 Home at 4%
| 0% down | $1,799.86/mo |
| 5% down | $1,709.86/mo |
| 10% down | $1,619.87/mo |
| 15% down | $1,529.88/mo |
| 20% down | $1,439.88/mo |
| 25% down | $1,349.89/mo |
| 30% down | $1,259.90/mo |
| 35% down | $1,169.91/mo |
| 40% down | $1,079.91/mo |
| 45% down | $989.92/mo |
| 50% down | $899.93/mo |
$377,000 Home at 6%
| 0% down | $2,260.31/mo |
| 5% down | $2,147.29/mo |
| 10% down | $2,034.27/mo |
| 15% down | $1,921.26/mo |
| 20% down | $1,808.24/mo |
| 25% down | $1,695.23/mo |
| 30% down | $1,582.21/mo |
| 35% down | $1,469.20/mo |
| 40% down | $1,356.18/mo |
| 45% down | $1,243.17/mo |
| 50% down | $1,130.15/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.