Use the mortgage calculator to calculate the cost of buying a $482k 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 482,000 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 $482,000 house.
$482,000 Home at 2%
| 0% down | $1,781.57/mo |
| 5% down | $1,692.49/mo |
| 10% down | $1,603.41/mo |
| 15% down | $1,514.33/mo |
| 20% down | $1,425.25/mo |
| 25% down | $1,336.17/mo |
| 30% down | $1,247.10/mo |
| 35% down | $1,158.02/mo |
| 40% down | $1,068.94/mo |
| 45% down | $979.86/mo |
| 50% down | $890.78/mo |
$482,000 Home at 4%
| 0% down | $2,301.14/mo |
| 5% down | $2,186.08/mo |
| 10% down | $2,071.03/mo |
| 15% down | $1,955.97/mo |
| 20% down | $1,840.91/mo |
| 25% down | $1,725.86/mo |
| 30% down | $1,610.80/mo |
| 35% down | $1,495.74/mo |
| 40% down | $1,380.69/mo |
| 45% down | $1,265.63/mo |
| 50% down | $1,150.57/mo |
$482,000 Home at 6%
| 0% down | $2,889.83/mo |
| 5% down | $2,745.34/mo |
| 10% down | $2,600.85/mo |
| 15% down | $2,456.36/mo |
| 20% down | $2,311.87/mo |
| 25% down | $2,167.38/mo |
| 30% down | $2,022.88/mo |
| 35% down | $1,878.39/mo |
| 40% down | $1,733.90/mo |
| 45% down | $1,589.41/mo |
| 50% down | $1,444.92/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.