$300,000 House at 4.25%

What's the monthly mortgage payment on a $300,000 house? Loan price for a $300,000 house with a 4.25% interest rate.
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Monthly payment = $1,181
Total yearly payments = $14,168
Payments by Interest Rate
Interest Rate Payment
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
4.625% $1,234
4.750% $1,252
Payments by Amount Down
% Down Amount Payment
3.5% $10,500 $1,424
5.0% $15,000 $1,402
7.5% $22,500 $1,365
10% $30,000 $1,328
15% $45,000 $1,254
20% $60,000 $1,181
25% $75,000 $1,107
30% $90,000 $1,033
50% $150,000 $738
Payments by Loan Length
Length Payment
10 years $2,459
15 years $1,805
20 years $1,486
30 years $1,181
40 years $1,041
Interest only $850

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 4.25% loan:

% Down Down Payment Income Required
3.5% $10,500 $82,464
5.0% $15,000 $81,516
7.5% $22,500 $79,934
10% $30,000 $78,353
15% $45,000 $75,191
20% $60,000 $72,028
25% $75,000 $68,866
30% $90,000 $65,703
50% $150,000 $53,053