Use the mortgage calculator to calculate the cost of buying a $465k 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 465,000 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 $465,000 house.
$465,000 Home at 2%
| 0% down | $1,718.73/mo |
| 5% down | $1,632.79/mo |
| 10% down | $1,546.86/mo |
| 15% down | $1,460.92/mo |
| 20% down | $1,374.98/mo |
| 25% down | $1,289.05/mo |
| 30% down | $1,203.11/mo |
| 35% down | $1,117.17/mo |
| 40% down | $1,031.24/mo |
| 45% down | $945.30/mo |
| 50% down | $859.37/mo |
$465,000 Home at 4%
| 0% down | $2,219.98/mo |
| 5% down | $2,108.98/mo |
| 10% down | $1,997.98/mo |
| 15% down | $1,886.98/mo |
| 20% down | $1,775.98/mo |
| 25% down | $1,664.99/mo |
| 30% down | $1,553.99/mo |
| 35% down | $1,442.99/mo |
| 40% down | $1,331.99/mo |
| 45% down | $1,220.99/mo |
| 50% down | $1,109.99/mo |
$465,000 Home at 6%
| 0% down | $2,787.91/mo |
| 5% down | $2,648.51/mo |
| 10% down | $2,509.12/mo |
| 15% down | $2,369.72/mo |
| 20% down | $2,230.33/mo |
| 25% down | $2,090.93/mo |
| 30% down | $1,951.54/mo |
| 35% down | $1,812.14/mo |
| 40% down | $1,672.75/mo |
| 45% down | $1,533.35/mo |
| 50% down | $1,393.95/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.