$300,000 House at 4.00%

What's the monthly mortgage payment on a $300,000 house? Loan price for a $300,000 house with a 4.00% interest rate.
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Monthly payment = $1,146
Total yearly payments = $13,750
Payments by Interest Rate
Interest Rate Payment
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
4.375% $1,198
4.500% $1,216
Payments by Amount Down
% Down Amount Payment
3.5% $10,500 $1,382
5.0% $15,000 $1,361
7.5% $22,500 $1,325
10% $30,000 $1,289
15% $45,000 $1,217
20% $60,000 $1,146
25% $75,000 $1,074
30% $90,000 $1,003
50% $150,000 $716
Payments by Loan Length
Length Payment
10 years $2,430
15 years $1,775
20 years $1,454
30 years $1,146
40 years $1,003
Interest only $800

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 4.00% loan:

% Down Down Payment Income Required
3.5% $10,500 $80,662
5.0% $15,000 $79,741
7.5% $22,500 $78,207
10% $30,000 $76,672
15% $45,000 $73,603
20% $60,000 $70,534
25% $75,000 $67,465
30% $90,000 $64,396
50% $150,000 $52,120