Use the mortgage calculator to calculate the cost of buying a $917k 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 917,000 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 $917,000 house.
$917,000 Home at 2%
| 0% down | $3,389.41/mo |
| 5% down | $3,219.94/mo |
| 10% down | $3,050.47/mo |
| 15% down | $2,881.00/mo |
| 20% down | $2,711.53/mo |
| 25% down | $2,542.06/mo |
| 30% down | $2,372.59/mo |
| 35% down | $2,203.12/mo |
| 40% down | $2,033.65/mo |
| 45% down | $1,864.18/mo |
| 50% down | $1,694.71/mo |
$917,000 Home at 4%
| 0% down | $4,377.90/mo |
| 5% down | $4,159.00/mo |
| 10% down | $3,940.11/mo |
| 15% down | $3,721.21/mo |
| 20% down | $3,502.32/mo |
| 25% down | $3,283.42/mo |
| 30% down | $3,064.53/mo |
| 35% down | $2,845.63/mo |
| 40% down | $2,626.74/mo |
| 45% down | $2,407.84/mo |
| 50% down | $2,188.95/mo |
$917,000 Home at 6%
| 0% down | $5,497.88/mo |
| 5% down | $5,222.98/mo |
| 10% down | $4,948.09/mo |
| 15% down | $4,673.20/mo |
| 20% down | $4,398.30/mo |
| 25% down | $4,123.41/mo |
| 30% down | $3,848.51/mo |
| 35% down | $3,573.62/mo |
| 40% down | $3,298.73/mo |
| 45% down | $3,023.83/mo |
| 50% down | $2,748.94/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.