Use the mortgage calculator to calculate the cost of buying a $808k 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 808,000 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 $808,000 house.
$808,000 Home at 2%
| 0% down | $2,986.53/mo |
| 5% down | $2,837.20/mo |
| 10% down | $2,687.87/mo |
| 15% down | $2,538.55/mo |
| 20% down | $2,389.22/mo |
| 25% down | $2,239.89/mo |
| 30% down | $2,090.57/mo |
| 35% down | $1,941.24/mo |
| 40% down | $1,791.92/mo |
| 45% down | $1,642.59/mo |
| 50% down | $1,493.26/mo |
$808,000 Home at 4%
| 0% down | $3,857.52/mo |
| 5% down | $3,664.64/mo |
| 10% down | $3,471.76/mo |
| 15% down | $3,278.89/mo |
| 20% down | $3,086.01/mo |
| 25% down | $2,893.14/mo |
| 30% down | $2,700.26/mo |
| 35% down | $2,507.39/mo |
| 40% down | $2,314.51/mo |
| 45% down | $2,121.63/mo |
| 50% down | $1,928.76/mo |
$808,000 Home at 6%
| 0% down | $4,844.37/mo |
| 5% down | $4,602.15/mo |
| 10% down | $4,359.93/mo |
| 15% down | $4,117.71/mo |
| 20% down | $3,875.49/mo |
| 25% down | $3,633.28/mo |
| 30% down | $3,391.06/mo |
| 35% down | $3,148.84/mo |
| 40% down | $2,906.62/mo |
| 45% down | $2,664.40/mo |
| 50% down | $2,422.18/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.