Use the mortgage calculator to calculate the cost of buying a $833k 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 833,000 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 $833,000 house.
$833,000 Home at 2%
| 0% down | $3,078.93/mo |
| 5% down | $2,924.98/mo |
| 10% down | $2,771.04/mo |
| 15% down | $2,617.09/mo |
| 20% down | $2,463.14/mo |
| 25% down | $2,309.20/mo |
| 30% down | $2,155.25/mo |
| 35% down | $2,001.30/mo |
| 40% down | $1,847.36/mo |
| 45% down | $1,693.41/mo |
| 50% down | $1,539.47/mo |
$833,000 Home at 4%
| 0% down | $3,976.87/mo |
| 5% down | $3,778.03/mo |
| 10% down | $3,579.18/mo |
| 15% down | $3,380.34/mo |
| 20% down | $3,181.50/mo |
| 25% down | $2,982.65/mo |
| 30% down | $2,783.81/mo |
| 35% down | $2,584.97/mo |
| 40% down | $2,386.12/mo |
| 45% down | $2,187.28/mo |
| 50% down | $1,988.43/mo |
$833,000 Home at 6%
| 0% down | $4,994.26/mo |
| 5% down | $4,744.54/mo |
| 10% down | $4,494.83/mo |
| 15% down | $4,245.12/mo |
| 20% down | $3,995.40/mo |
| 25% down | $3,745.69/mo |
| 30% down | $3,495.98/mo |
| 35% down | $3,246.27/mo |
| 40% down | $2,996.55/mo |
| 45% down | $2,746.84/mo |
| 50% down | $2,497.13/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.