$340,000 House at 4.75%

What's the monthly mortgage payment on a $340,000 house? Loan price for a $340,000 house with a 4.75% interest rate.
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Monthly payment = $1,419
Total yearly payments = $17,027
Payments by Interest Rate
Interest Rate Payment
4.250% $1,338
4.375% $1,358
4.500% $1,378
4.625% $1,398
4.750% $1,419
4.875% $1,439
5.000% $1,460
5.125% $1,481
5.250% $1,502
Payments by Amount Down
% Down Amount Payment
3.5% $11,900 $1,712
5.0% $17,000 $1,685
7.5% $25,500 $1,641
10% $34,000 $1,596
15% $51,000 $1,508
20% $68,000 $1,419
25% $85,000 $1,330
30% $102,000 $1,242
50% $170,000 $887
Payments by Loan Length
Length Payment
10 years $2,852
15 years $2,116
20 years $1,758
30 years $1,419
40 years $1,267
Interest only $1,077

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 4.75% loan:

% Down Down Payment Income Required
3.5% $11,900 $97,637
5.0% $17,000 $96,497
7.5% $25,500 $94,596
10% $34,000 $92,696
15% $51,000 $88,895
20% $68,000 $85,095
25% $85,000 $81,294
30% $102,000 $77,494
50% $170,000 $62,291