Use the mortgage calculator to calculate the cost of buying a $793k 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 793,000 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 $793,000 house.
$793,000 Home at 2%
| 0% down | $2,931.08/mo |
| 5% down | $2,784.53/mo |
| 10% down | $2,637.97/mo |
| 15% down | $2,491.42/mo |
| 20% down | $2,344.87/mo |
| 25% down | $2,198.31/mo |
| 30% down | $2,051.76/mo |
| 35% down | $1,905.20/mo |
| 40% down | $1,758.65/mo |
| 45% down | $1,612.10/mo |
| 50% down | $1,465.54/mo |
$793,000 Home at 4%
| 0% down | $3,785.90/mo |
| 5% down | $3,596.61/mo |
| 10% down | $3,407.31/mo |
| 15% down | $3,218.02/mo |
| 20% down | $3,028.72/mo |
| 25% down | $2,839.43/mo |
| 30% down | $2,650.13/mo |
| 35% down | $2,460.84/mo |
| 40% down | $2,271.54/mo |
| 45% down | $2,082.25/mo |
| 50% down | $1,892.95/mo |
$793,000 Home at 6%
| 0% down | $4,754.44/mo |
| 5% down | $4,516.71/mo |
| 10% down | $4,278.99/mo |
| 15% down | $4,041.27/mo |
| 20% down | $3,803.55/mo |
| 25% down | $3,565.83/mo |
| 30% down | $3,328.10/mo |
| 35% down | $3,090.38/mo |
| 40% down | $2,852.66/mo |
| 45% down | $2,614.94/mo |
| 50% down | $2,377.22/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.