Use the mortgage calculator to calculate the cost of buying a $791k 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 791,000 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 $791,000 house.
$791,000 Home at 2%
| 0% down | $2,923.69/mo |
| 5% down | $2,777.51/mo |
| 10% down | $2,631.32/mo |
| 15% down | $2,485.14/mo |
| 20% down | $2,338.95/mo |
| 25% down | $2,192.77/mo |
| 30% down | $2,046.58/mo |
| 35% down | $1,900.40/mo |
| 40% down | $1,754.21/mo |
| 45% down | $1,608.03/mo |
| 50% down | $1,461.85/mo |
$791,000 Home at 4%
| 0% down | $3,776.35/mo |
| 5% down | $3,587.54/mo |
| 10% down | $3,398.72/mo |
| 15% down | $3,209.90/mo |
| 20% down | $3,021.08/mo |
| 25% down | $2,832.27/mo |
| 30% down | $2,643.45/mo |
| 35% down | $2,454.63/mo |
| 40% down | $2,265.81/mo |
| 45% down | $2,077.00/mo |
| 50% down | $1,888.18/mo |
$791,000 Home at 6%
| 0% down | $4,742.44/mo |
| 5% down | $4,505.32/mo |
| 10% down | $4,268.20/mo |
| 15% down | $4,031.08/mo |
| 20% down | $3,793.96/mo |
| 25% down | $3,556.83/mo |
| 30% down | $3,319.71/mo |
| 35% down | $3,082.59/mo |
| 40% down | $2,845.47/mo |
| 45% down | $2,608.34/mo |
| 50% down | $2,371.22/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.