$384,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $384k 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 384,000 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 $384,000 house.
2% interest
0% down$1,419.34/mo
5% down$1,348.37/mo
10% down$1,277.40/mo
15% down$1,206.44/mo
20% down$1,135.47/mo
25% down$1,064.50/mo
30% down$993.54/mo
35% down$922.57/mo
40% down$851.60/mo
45% down$780.64/mo
50% down$709.67/mo
4% interest
0% down$1,833.27/mo
5% down$1,741.61/mo
10% down$1,649.95/mo
15% down$1,558.28/mo
20% down$1,466.62/mo
25% down$1,374.96/mo
30% down$1,283.29/mo
35% down$1,191.63/mo
40% down$1,099.96/mo
45% down$1,008.30/mo
50% down$916.64/mo
6% interest
0% down$2,302.27/mo
5% down$2,187.16/mo
10% down$2,072.05/mo
15% down$1,956.93/mo
20% down$1,841.82/mo
25% down$1,726.71/mo
30% down$1,611.59/mo
35% down$1,496.48/mo
40% down$1,381.36/mo
45% down$1,266.25/mo
50% down$1,151.14/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 384,000 house with a 20% down payment?
($307,200 loan. 30 year mortgage)
0.25%$885.82
0.50%$919.11
0.75%$953.20
1.00%$988.08
1.25%$1,023.75
1.50%$1,060.21
1.75%$1,097.45
2.00%$1,135.47
2.25%$1,174.26
2.50%$1,213.81
2.75%$1,254.12
3.00%$1,295.17
3.25%$1,336.95
3.50%$1,379.47
3.75%$1,422.69
4.00%$1,466.62
4.25%$1,511.24
4.50%$1,556.54
4.75%$1,602.50
5.00%$1,649.12
5.25%$1,696.37
5.50%$1,744.25
5.75%$1,792.74
6.00%$1,841.82
6.25%$1,891.48
6.50%$1,941.71
6.75%$1,992.49
7.00%$2,043.81
7.25%$2,095.65
7.50%$2,147.99
7.75%$2,200.82
8.00%$2,254.12
8.25%$2,307.89
8.50%$2,362.10
8.75%$2,416.74
9.00%$2,471.80
9.25%$2,527.26
9.50%$2,583.10
9.75%$2,639.32
10.00%$2,695.90
10.25%$2,752.82
10.50%$2,810.08
10.75%$2,867.65
11.00%$2,925.54
11.25%$2,983.71
11.50%$3,042.18
11.75%$3,100.91
12.00%$3,159.90