$370,000 House at 5.00%

What's the monthly mortgage payment on a $370,000 house? Loan price for a $370,000 house with a 5.00% interest rate.
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Monthly payment = $1,589
Total yearly payments = $19,068
Payments by Interest Rate
Interest Rate Payment
4.500% $1,500
4.625% $1,522
4.750% $1,544
4.875% $1,566
5.000% $1,589
5.125% $1,612
5.250% $1,635
5.375% $1,658
5.500% $1,681
Payments by Amount Down
% Down Amount Payment
3.5% $12,950 $1,917
5.0% $18,500 $1,887
7.5% $27,750 $1,837
10% $37,000 $1,788
15% $55,500 $1,688
20% $74,000 $1,589
25% $92,500 $1,490
30% $111,000 $1,390
50% $185,000 $993
Payments by Loan Length
Length Payment
10 years $3,140
15 years $2,341
20 years $1,953
30 years $1,589
40 years $1,427
Interest only $1,233

Can I afford a $370,000 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 $370,000 with a 5.00% loan:

% Down Down Payment Income Required
3.5% $12,950 $108,574
5.0% $18,500 $107,297
7.5% $27,750 $105,169
10% $37,000 $103,041
15% $55,500 $98,784
20% $74,000 $94,528
25% $92,500 $90,272
30% $111,000 $86,016
50% $185,000 $68,991