$391,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $391k 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 391,000 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 $391,000 house.
2% interest
0% down$1,445.21/mo
5% down$1,372.95/mo
10% down$1,300.69/mo
15% down$1,228.43/mo
20% down$1,156.17/mo
25% down$1,083.91/mo
30% down$1,011.65/mo
35% down$939.39/mo
40% down$867.13/mo
45% down$794.87/mo
50% down$722.61/mo
4% interest
0% down$1,866.69/mo
5% down$1,773.36/mo
10% down$1,680.02/mo
15% down$1,586.69/mo
20% down$1,493.36/mo
25% down$1,400.02/mo
30% down$1,306.69/mo
35% down$1,213.35/mo
40% down$1,120.02/mo
45% down$1,026.68/mo
50% down$933.35/mo
6% interest
0% down$2,344.24/mo
5% down$2,227.03/mo
10% down$2,109.82/mo
15% down$1,992.61/mo
20% down$1,875.39/mo
25% down$1,758.18/mo
30% down$1,640.97/mo
35% down$1,523.76/mo
40% down$1,406.55/mo
45% down$1,289.33/mo
50% down$1,172.12/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 391,000 house with a 20% down payment?
($312,800 loan. 30 year mortgage)
0.25%$901.97
0.50%$935.86
0.75%$970.57
1.00%$1,006.09
1.25%$1,042.41
1.50%$1,079.54
1.75%$1,117.46
2.00%$1,156.17
2.25%$1,195.67
2.50%$1,235.94
2.75%$1,276.98
3.00%$1,318.78
3.25%$1,361.33
3.50%$1,404.61
3.75%$1,448.63
4.00%$1,493.36
4.25%$1,538.79
4.50%$1,584.91
4.75%$1,631.71
5.00%$1,679.18
5.25%$1,727.29
5.50%$1,776.04
5.75%$1,825.42
6.00%$1,875.39
6.25%$1,925.96
6.50%$1,977.11
6.75%$2,028.81
7.00%$2,081.07
7.25%$2,133.85
7.50%$2,187.14
7.75%$2,240.94
8.00%$2,295.22
8.25%$2,349.96
8.50%$2,405.16
8.75%$2,460.80
9.00%$2,516.86
9.25%$2,573.33
9.50%$2,630.19
9.75%$2,687.44
10.00%$2,745.04
10.25%$2,803.00
10.50%$2,861.30
10.75%$2,919.93
11.00%$2,978.87
11.25%$3,038.11
11.50%$3,097.63
11.75%$3,157.43
12.00%$3,217.50