Use the mortgage calculator to calculate the cost of buying a $754k 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 754,000 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 $754,000 house.
$754,000 Home at 2%
| 0% down | $2,786.93/mo |
| 5% down | $2,647.58/mo |
| 10% down | $2,508.24/mo |
| 15% down | $2,368.89/mo |
| 20% down | $2,229.54/mo |
| 25% down | $2,090.20/mo |
| 30% down | $1,950.85/mo |
| 35% down | $1,811.51/mo |
| 40% down | $1,672.16/mo |
| 45% down | $1,532.81/mo |
| 50% down | $1,393.47/mo |
$754,000 Home at 4%
| 0% down | $3,599.71/mo |
| 5% down | $3,419.73/mo |
| 10% down | $3,239.74/mo |
| 15% down | $3,059.75/mo |
| 20% down | $2,879.77/mo |
| 25% down | $2,699.78/mo |
| 30% down | $2,519.80/mo |
| 35% down | $2,339.81/mo |
| 40% down | $2,159.83/mo |
| 45% down | $1,979.84/mo |
| 50% down | $1,799.86/mo |
$754,000 Home at 6%
| 0% down | $4,520.61/mo |
| 5% down | $4,294.58/mo |
| 10% down | $4,068.55/mo |
| 15% down | $3,842.52/mo |
| 20% down | $3,616.49/mo |
| 25% down | $3,390.46/mo |
| 30% down | $3,164.43/mo |
| 35% down | $2,938.40/mo |
| 40% down | $2,712.37/mo |
| 45% down | $2,486.34/mo |
| 50% down | $2,260.31/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.