Use the mortgage calculator to calculate the cost of buying a $799k 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 799,000 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 $799,000 house.
$799,000 Home at 2%
| 0% down | $2,953.26/mo |
| 5% down | $2,805.60/mo |
| 10% down | $2,657.93/mo |
| 15% down | $2,510.27/mo |
| 20% down | $2,362.61/mo |
| 25% down | $2,214.94/mo |
| 30% down | $2,067.28/mo |
| 35% down | $1,919.62/mo |
| 40% down | $1,771.96/mo |
| 45% down | $1,624.29/mo |
| 50% down | $1,476.63/mo |
$799,000 Home at 4%
| 0% down | $3,814.55/mo |
| 5% down | $3,623.82/mo |
| 10% down | $3,433.09/mo |
| 15% down | $3,242.37/mo |
| 20% down | $3,051.64/mo |
| 25% down | $2,860.91/mo |
| 30% down | $2,670.18/mo |
| 35% down | $2,479.46/mo |
| 40% down | $2,288.73/mo |
| 45% down | $2,098.00/mo |
| 50% down | $1,907.27/mo |
$799,000 Home at 6%
| 0% down | $4,790.41/mo |
| 5% down | $4,550.89/mo |
| 10% down | $4,311.37/mo |
| 15% down | $4,071.85/mo |
| 20% down | $3,832.33/mo |
| 25% down | $3,592.81/mo |
| 30% down | $3,353.29/mo |
| 35% down | $3,113.77/mo |
| 40% down | $2,874.25/mo |
| 45% down | $2,634.72/mo |
| 50% down | $2,395.20/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.