Use the mortgage calculator to calculate the cost of buying a $458k 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 458,000 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 $458,000 house.
$458,000 Home at 2%
| 0% down | $1,692.86/mo |
| 5% down | $1,608.21/mo |
| 10% down | $1,523.57/mo |
| 15% down | $1,438.93/mo |
| 20% down | $1,354.29/mo |
| 25% down | $1,269.64/mo |
| 30% down | $1,185.00/mo |
| 35% down | $1,100.36/mo |
| 40% down | $1,015.71/mo |
| 45% down | $931.07/mo |
| 50% down | $846.43/mo |
$458,000 Home at 4%
| 0% down | $2,186.56/mo |
| 5% down | $2,077.23/mo |
| 10% down | $1,967.91/mo |
| 15% down | $1,858.58/mo |
| 20% down | $1,749.25/mo |
| 25% down | $1,639.92/mo |
| 30% down | $1,530.59/mo |
| 35% down | $1,421.27/mo |
| 40% down | $1,311.94/mo |
| 45% down | $1,202.61/mo |
| 50% down | $1,093.28/mo |
$458,000 Home at 6%
| 0% down | $2,745.94/mo |
| 5% down | $2,608.64/mo |
| 10% down | $2,471.35/mo |
| 15% down | $2,334.05/mo |
| 20% down | $2,196.75/mo |
| 25% down | $2,059.46/mo |
| 30% down | $1,922.16/mo |
| 35% down | $1,784.86/mo |
| 40% down | $1,647.56/mo |
| 45% down | $1,510.27/mo |
| 50% down | $1,372.97/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.