Use the mortgage calculator to calculate the cost of buying a $907k 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 907,000 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 $907,000 house.
$907,000 Home at 2%
0% down | $3,352.45/mo |
5% down | $3,184.83/mo |
10% down | $3,017.20/mo |
15% down | $2,849.58/mo |
20% down | $2,681.96/mo |
25% down | $2,514.34/mo |
30% down | $2,346.71/mo |
35% down | $2,179.09/mo |
40% down | $2,011.47/mo |
45% down | $1,843.85/mo |
50% down | $1,676.22/mo |
$907,000 Home at 4%
0% down | $4,330.16/mo |
5% down | $4,113.65/mo |
10% down | $3,897.14/mo |
15% down | $3,680.63/mo |
20% down | $3,464.13/mo |
25% down | $3,247.62/mo |
30% down | $3,031.11/mo |
35% down | $2,814.60/mo |
40% down | $2,598.09/mo |
45% down | $2,381.59/mo |
50% down | $2,165.08/mo |
$907,000 Home at 6%
0% down | $5,437.92/mo |
5% down | $5,166.03/mo |
10% down | $4,894.13/mo |
15% down | $4,622.23/mo |
20% down | $4,350.34/mo |
25% down | $4,078.44/mo |
30% down | $3,806.55/mo |
35% down | $3,534.65/mo |
40% down | $3,262.75/mo |
45% down | $2,990.86/mo |
50% down | $2,718.96/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.