Use the mortgage calculator to calculate the cost of buying a $790k 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 790,000 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 $790,000 house.
$790,000 Home at 2%
| 0% down | $2,919.99/mo |
| 5% down | $2,773.99/mo |
| 10% down | $2,627.99/mo |
| 15% down | $2,481.99/mo |
| 20% down | $2,336.00/mo |
| 25% down | $2,190.00/mo |
| 30% down | $2,044.00/mo |
| 35% down | $1,898.00/mo |
| 40% down | $1,752.00/mo |
| 45% down | $1,606.00/mo |
| 50% down | $1,460.00/mo |
$790,000 Home at 4%
| 0% down | $3,771.58/mo |
| 5% down | $3,583.00/mo |
| 10% down | $3,394.42/mo |
| 15% down | $3,205.84/mo |
| 20% down | $3,017.26/mo |
| 25% down | $2,828.69/mo |
| 30% down | $2,640.11/mo |
| 35% down | $2,451.53/mo |
| 40% down | $2,262.95/mo |
| 45% down | $2,074.37/mo |
| 50% down | $1,885.79/mo |
$790,000 Home at 6%
| 0% down | $4,736.45/mo |
| 5% down | $4,499.63/mo |
| 10% down | $4,262.80/mo |
| 15% down | $4,025.98/mo |
| 20% down | $3,789.16/mo |
| 25% down | $3,552.34/mo |
| 30% down | $3,315.51/mo |
| 35% down | $3,078.69/mo |
| 40% down | $2,841.87/mo |
| 45% down | $2,605.05/mo |
| 50% down | $2,368.22/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.