Mortgage Payment on a $326,000 House
What's the payment on a $326,000 house? Calculate the monthly mortgage on a house, condo, or apartment which costs $326k.
After a 20% down payment, your loan amount will be $260,800. With a 30-year loan loan at 6.75% interest:
Monthly payment = $1,692
Total yearly payments = $20,299
Payments by Interest Rate
| Interest Rate |
Payment |
| 5.000% |
$1,400 |
| 5.500% |
$1,481 |
| 6.000% |
$1,564 |
| 6.250% |
$1,606 |
| 6.500% |
$1,648 |
| 6.750% |
$1,692 |
| 6.875% |
$1,713 |
| 7.000% |
$1,735 |
| 7.250% |
$1,779 |
| 7.500% |
$1,824 |
| 7.625% |
$1,846 |
| 7.750% |
$1,868 |
| 8.000% |
$1,914 |
Payments by Amount Down
| % Down |
Amount |
Payment |
| 3.5% |
$11,410 |
$2,040 |
| 5.0% |
$16,300 |
$2,009 |
| 7.5% |
$24,450 |
$1,956 |
| 10% |
$32,600 |
$1,903 |
| 15% |
$48,900 |
$1,797 |
| 20% |
$65,200 |
$1,692 |
| 25% |
$81,500 |
$1,586 |
| 30% |
$97,800 |
$1,480 |
| 50% |
$163,000 |
$1,057 |
Payments by Loan Length
| Length |
Payment |
| 10 years |
$2,995 |
| 15 years |
$2,308 |
| 20 years |
$1,983 |
| 30 years |
$1,692 |
| 40 years |
$1,574 |
| Interest only |
$1,467 |
Can I afford a $326,000 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 $326,000 with a 6.75% loan:
| % Down |
Down Payment |
Income Needed |
| 3.5% |
$11,410 |
$110,732 |
| 5.0% |
$16,300 |
$109,373 |
| 7.5% |
$24,450 |
$107,108 |
| 10% |
$32,600 |
$104,842 |
| 15% |
$48,900 |
$100,311 |
| 20% |
$65,200 |
$95,780 |
| 25% |
$81,500 |
$91,250 |
| 30% |
$97,800 |
$86,719 |
| 50% |
$163,000 |
$68,595 |