What Is the Monthly Cost of a $350,000 Mortgage? | SoFi

By Emma Diehl ·August 28, 2023 · 8 minute read We’re here to help! First and foremost, SoFi Learn strives to be a beneficial resource to you as you navigate your financial journey.Read moreWe develop content that covers a variety of financial topics. Sometimes, that content may include information about products, features, or services that SoFi does not provide.We aim to break down complicated concepts, loop you in on the latest trends, and keep you up-to-date on the stuff you can use to help get your money right.Read lessConsidering taking out a $350K mortgage to purchase a home? It’s important to understand the upfront cost associated with a mortgage and to factor the monthly payments associated with it into your budget. So how much will a $350K mortgage cost per month? This will vary based on factors such as interest rate, the terms of the loan, and more. Table of Contents Total Cost of a $350K Mortgage Estimated Monthly Payments on a $350K Mortgage How Much Interest Is Accrued on a...