Use the mortgage calculator to calculate the cost of buying a $667k 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 667,000 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 $667,000 house.
$667,000 Home at 2%
| 0% down | $2,465.36/mo |
| 5% down | $2,342.09/mo |
| 10% down | $2,218.83/mo |
| 15% down | $2,095.56/mo |
| 20% down | $1,972.29/mo |
| 25% down | $1,849.02/mo |
| 30% down | $1,725.75/mo |
| 35% down | $1,602.49/mo |
| 40% down | $1,479.22/mo |
| 45% down | $1,355.95/mo |
| 50% down | $1,232.68/mo |
$667,000 Home at 4%
| 0% down | $3,184.36/mo |
| 5% down | $3,025.14/mo |
| 10% down | $2,865.92/mo |
| 15% down | $2,706.71/mo |
| 20% down | $2,547.49/mo |
| 25% down | $2,388.27/mo |
| 30% down | $2,229.05/mo |
| 35% down | $2,069.83/mo |
| 40% down | $1,910.62/mo |
| 45% down | $1,751.40/mo |
| 50% down | $1,592.18/mo |
$667,000 Home at 6%
| 0% down | $3,999.00/mo |
| 5% down | $3,799.05/mo |
| 10% down | $3,599.10/mo |
| 15% down | $3,399.15/mo |
| 20% down | $3,199.20/mo |
| 25% down | $2,999.25/mo |
| 30% down | $2,799.30/mo |
| 35% down | $2,599.35/mo |
| 40% down | $2,399.40/mo |
| 45% down | $2,199.45/mo |
| 50% down | $1,999.50/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.