$381,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $381k 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 381,000 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 $381,000 house.
2% interest
0% down$1,408.25/mo
5% down$1,337.84/mo
10% down$1,267.43/mo
15% down$1,197.01/mo
20% down$1,126.60/mo
25% down$1,056.19/mo
30% down$985.78/mo
35% down$915.36/mo
40% down$844.95/mo
45% down$774.54/mo
50% down$704.13/mo
4% interest
0% down$1,818.95/mo
5% down$1,728.00/mo
10% down$1,637.06/mo
15% down$1,546.11/mo
20% down$1,455.16/mo
25% down$1,364.21/mo
30% down$1,273.27/mo
35% down$1,182.32/mo
40% down$1,091.37/mo
45% down$1,000.42/mo
50% down$909.48/mo
6% interest
0% down$2,284.29/mo
5% down$2,170.07/mo
10% down$2,055.86/mo
15% down$1,941.64/mo
20% down$1,827.43/mo
25% down$1,713.22/mo
30% down$1,599.00/mo
35% down$1,484.79/mo
40% down$1,370.57/mo
45% down$1,256.36/mo
50% down$1,142.14/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 381,000 house with a 20% down payment?
($304,800 loan. 30 year mortgage)
0.25%$878.90
0.50%$911.93
0.75%$945.75
1.00%$980.36
1.25%$1,015.75
1.50%$1,051.93
1.75%$1,088.88
2.00%$1,126.60
2.25%$1,165.09
2.50%$1,204.33
2.75%$1,244.32
3.00%$1,285.05
3.25%$1,326.51
3.50%$1,368.69
3.75%$1,411.58
4.00%$1,455.16
4.25%$1,499.43
4.50%$1,544.38
4.75%$1,589.98
5.00%$1,636.23
5.25%$1,683.12
5.50%$1,730.62
5.75%$1,778.73
6.00%$1,827.43
6.25%$1,876.71
6.50%$1,926.54
6.75%$1,976.93
7.00%$2,027.84
7.25%$2,079.27
7.50%$2,131.21
7.75%$2,183.62
8.00%$2,236.51
8.25%$2,289.86
8.50%$2,343.65
8.75%$2,397.86
9.00%$2,452.49
9.25%$2,507.51
9.50%$2,562.92
9.75%$2,618.70
10.00%$2,674.84
10.25%$2,731.32
10.50%$2,788.13
10.75%$2,845.25
11.00%$2,902.68
11.25%$2,960.40
11.50%$3,018.41
11.75%$3,076.68
12.00%$3,135.21