Use the mortgage calculator to calculate the cost of buying a $818k 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 818,000 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 $818,000 house.
$818,000 Home at 2%
| 0% down | $3,023.49/mo |
| 5% down | $2,872.31/mo |
| 10% down | $2,721.14/mo |
| 15% down | $2,569.96/mo |
| 20% down | $2,418.79/mo |
| 25% down | $2,267.62/mo |
| 30% down | $2,116.44/mo |
| 35% down | $1,965.27/mo |
| 40% down | $1,814.09/mo |
| 45% down | $1,662.92/mo |
| 50% down | $1,511.74/mo |
$818,000 Home at 4%
| 0% down | $3,905.26/mo |
| 5% down | $3,709.99/mo |
| 10% down | $3,514.73/mo |
| 15% down | $3,319.47/mo |
| 20% down | $3,124.21/mo |
| 25% down | $2,928.94/mo |
| 30% down | $2,733.68/mo |
| 35% down | $2,538.42/mo |
| 40% down | $2,343.15/mo |
| 45% down | $2,147.89/mo |
| 50% down | $1,952.63/mo |
$818,000 Home at 6%
| 0% down | $4,904.32/mo |
| 5% down | $4,659.11/mo |
| 10% down | $4,413.89/mo |
| 15% down | $4,168.67/mo |
| 20% down | $3,923.46/mo |
| 25% down | $3,678.24/mo |
| 30% down | $3,433.03/mo |
| 35% down | $3,187.81/mo |
| 40% down | $2,942.59/mo |
| 45% down | $2,697.38/mo |
| 50% down | $2,452.16/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.