$340,000 House at 4.00%

What's the monthly mortgage payment on a $340,000 house? Loan price for a $340,000 house with a 4.00% interest rate.
$
$
%
%
Monthly payment = $1,299
Total yearly payments = $15,583
Payments by Interest Rate
Interest Rate Payment
3.500% $1,221
3.625% $1,240
3.750% $1,260
3.875% $1,279
4.000% $1,299
4.125% $1,318
4.250% $1,338
4.375% $1,358
4.500% $1,378
Payments by Amount Down
% Down Amount Payment
3.5% $11,900 $1,566
5.0% $17,000 $1,542
7.5% $25,500 $1,501
10% $34,000 $1,461
15% $51,000 $1,380
20% $68,000 $1,299
25% $85,000 $1,217
30% $102,000 $1,136
50% $170,000 $812
Payments by Loan Length
Length Payment
10 years $2,754
15 years $2,012
20 years $1,648
30 years $1,299
40 years $1,137
Interest only $907

Can I afford a $340,000 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 $340,000 with a 4.00% loan:

% Down Down Payment Income Required
3.5% $11,900 $91,417
5.0% $17,000 $90,374
7.5% $25,500 $88,634
10% $34,000 $86,895
15% $51,000 $83,417
20% $68,000 $79,939
25% $85,000 $76,460
30% $102,000 $72,982
50% $170,000 $59,069