Use the mortgage calculator to calculate the cost of buying a $805k 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 805,000 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 $805,000 house.
$805,000 Home at 2%
| 0% down | $2,975.44/mo |
| 5% down | $2,826.66/mo |
| 10% down | $2,677.89/mo |
| 15% down | $2,529.12/mo |
| 20% down | $2,380.35/mo |
| 25% down | $2,231.58/mo |
| 30% down | $2,082.81/mo |
| 35% down | $1,934.03/mo |
| 40% down | $1,785.26/mo |
| 45% down | $1,636.49/mo |
| 50% down | $1,487.72/mo |
$805,000 Home at 4%
| 0% down | $3,843.19/mo |
| 5% down | $3,651.03/mo |
| 10% down | $3,458.87/mo |
| 15% down | $3,266.71/mo |
| 20% down | $3,074.55/mo |
| 25% down | $2,882.39/mo |
| 30% down | $2,690.24/mo |
| 35% down | $2,498.08/mo |
| 40% down | $2,305.92/mo |
| 45% down | $2,113.76/mo |
| 50% down | $1,921.60/mo |
$805,000 Home at 6%
| 0% down | $4,826.38/mo |
| 5% down | $4,585.06/mo |
| 10% down | $4,343.74/mo |
| 15% down | $4,102.42/mo |
| 20% down | $3,861.11/mo |
| 25% down | $3,619.79/mo |
| 30% down | $3,378.47/mo |
| 35% down | $3,137.15/mo |
| 40% down | $2,895.83/mo |
| 45% down | $2,654.51/mo |
| 50% down | $2,413.19/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.