$300,000 House at 3.75%

What's the monthly mortgage payment on a $300,000 house? Loan price for a $300,000 house with a 3.75% interest rate.
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Monthly payment = $1,111
Total yearly payments = $13,338
Payments by Interest Rate
Interest Rate Payment
3.250% $1,044
3.375% $1,061
3.500% $1,078
3.625% $1,095
3.750% $1,111
3.875% $1,129
4.000% $1,146
4.125% $1,163
4.250% $1,181
Payments by Amount Down
% Down Amount Payment
3.5% $10,500 $1,341
5.0% $15,000 $1,320
7.5% $22,500 $1,285
10% $30,000 $1,250
15% $45,000 $1,181
20% $60,000 $1,111
25% $75,000 $1,042
30% $90,000 $973
50% $150,000 $695
Payments by Loan Length
Length Payment
10 years $2,401
15 years $1,745
20 years $1,423
30 years $1,111
40 years $966
Interest only $750

Can I afford a $300,000 house?

Traditionally, the "28% rule" means a person should not spend more than 28% of their pre-tax income on total housing costs.

Let's assume that taxes and insurance are 2% of the house price annually. Here's how much you'd have to make to afford a house that costs $300,000 with a 3.75% loan:

% Down Down Payment Income Required
3.5% $10,500 $78,888
5.0% $15,000 $77,995
7.5% $22,500 $76,506
10% $30,000 $75,018
15% $45,000 $72,040
20% $60,000 $69,063
25% $75,000 $66,086
30% $90,000 $63,109
50% $150,000 $51,200