Use the mortgage calculator to calculate the cost of buying a $928k 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 928,000 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 $928,000 house.
$928,000 Home at 2%
| 0% down | $3,430.07/mo |
| 5% down | $3,258.57/mo |
| 10% down | $3,087.06/mo |
| 15% down | $2,915.56/mo |
| 20% down | $2,744.05/mo |
| 25% down | $2,572.55/mo |
| 30% down | $2,401.05/mo |
| 35% down | $2,229.54/mo |
| 40% down | $2,058.04/mo |
| 45% down | $1,886.54/mo |
| 50% down | $1,715.03/mo |
$928,000 Home at 4%
| 0% down | $4,430.41/mo |
| 5% down | $4,208.89/mo |
| 10% down | $3,987.37/mo |
| 15% down | $3,765.85/mo |
| 20% down | $3,544.33/mo |
| 25% down | $3,322.81/mo |
| 30% down | $3,101.29/mo |
| 35% down | $2,879.77/mo |
| 40% down | $2,658.25/mo |
| 45% down | $2,436.73/mo |
| 50% down | $2,215.21/mo |
$928,000 Home at 6%
| 0% down | $5,563.83/mo |
| 5% down | $5,285.64/mo |
| 10% down | $5,007.45/mo |
| 15% down | $4,729.25/mo |
| 20% down | $4,451.06/mo |
| 25% down | $4,172.87/mo |
| 30% down | $3,894.68/mo |
| 35% down | $3,616.49/mo |
| 40% down | $3,338.30/mo |
| 45% down | $3,060.11/mo |
| 50% down | $2,781.91/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.