Use the mortgage calculator to calculate the cost of buying a $449k home. Change the numbers to see different options.
This calc can be used for car loans, debt, real estate, home purchase, etc.
Can I afford a 449,000 dollar house? It depends.
In addition to the mortgage payment, a home also has insurance, maintenance, and taxes.
Taxes can vary drastically by area. A very rough estimate is to not spend more than 30% of your income
on housing.
How do I get a mortgage? A simple first step is to talk to a local banker and fill out a mortgage application. Then consider other offers, either local or online.
How much of a down payment should I make? Here's a little chart that shows monthly payments based on down payment for a $449,000 house.
$449,000 Home at 2%
| 0% down | $1,659.59/mo |
| 5% down | $1,576.61/mo |
| 10% down | $1,493.63/mo |
| 15% down | $1,410.65/mo |
| 20% down | $1,327.67/mo |
| 25% down | $1,244.69/mo |
| 30% down | $1,161.71/mo |
| 35% down | $1,078.73/mo |
| 40% down | $995.75/mo |
| 45% down | $912.78/mo |
| 50% down | $829.80/mo |
$449,000 Home at 4%
| 0% down | $2,143.59/mo |
| 5% down | $2,036.41/mo |
| 10% down | $1,929.24/mo |
| 15% down | $1,822.06/mo |
| 20% down | $1,714.88/mo |
| 25% down | $1,607.70/mo |
| 30% down | $1,500.52/mo |
| 35% down | $1,393.34/mo |
| 40% down | $1,286.16/mo |
| 45% down | $1,178.98/mo |
| 50% down | $1,071.80/mo |
$449,000 Home at 6%
| 0% down | $2,691.98/mo |
| 5% down | $2,557.38/mo |
| 10% down | $2,422.78/mo |
| 15% down | $2,288.18/mo |
| 20% down | $2,153.59/mo |
| 25% down | $2,018.99/mo |
| 30% down | $1,884.39/mo |
| 35% down | $1,749.79/mo |
| 40% down | $1,615.19/mo |
| 45% down | $1,480.59/mo |
| 50% down | $1,345.99/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.