Use the mortgage calculator to calculate the cost of buying a $830k 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 830,000 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 $830,000 house.
$830,000 Home at 2%
| 0% down | $3,067.84/mo |
| 5% down | $2,914.45/mo |
| 10% down | $2,761.06/mo |
| 15% down | $2,607.67/mo |
| 20% down | $2,454.27/mo |
| 25% down | $2,300.88/mo |
| 30% down | $2,147.49/mo |
| 35% down | $1,994.10/mo |
| 40% down | $1,840.70/mo |
| 45% down | $1,687.31/mo |
| 50% down | $1,533.92/mo |
$830,000 Home at 4%
| 0% down | $3,962.55/mo |
| 5% down | $3,764.42/mo |
| 10% down | $3,566.29/mo |
| 15% down | $3,368.16/mo |
| 20% down | $3,170.04/mo |
| 25% down | $2,971.91/mo |
| 30% down | $2,773.78/mo |
| 35% down | $2,575.66/mo |
| 40% down | $2,377.53/mo |
| 45% down | $2,179.40/mo |
| 50% down | $1,981.27/mo |
$830,000 Home at 6%
| 0% down | $4,976.27/mo |
| 5% down | $4,727.46/mo |
| 10% down | $4,478.64/mo |
| 15% down | $4,229.83/mo |
| 20% down | $3,981.02/mo |
| 25% down | $3,732.20/mo |
| 30% down | $3,483.39/mo |
| 35% down | $3,234.58/mo |
| 40% down | $2,985.76/mo |
| 45% down | $2,736.95/mo |
| 50% down | $2,488.13/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.