Use the mortgage calculator to calculate the cost of buying a $959k 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 959,000 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 $959,000 house.
$959,000 Home at 2%
| 0% down | $3,544.65/mo |
| 5% down | $3,367.42/mo |
| 10% down | $3,190.19/mo |
| 15% down | $3,012.95/mo |
| 20% down | $2,835.72/mo |
| 25% down | $2,658.49/mo |
| 30% down | $2,481.26/mo |
| 35% down | $2,304.02/mo |
| 40% down | $2,126.79/mo |
| 45% down | $1,949.56/mo |
| 50% down | $1,772.33/mo |
$959,000 Home at 4%
| 0% down | $4,578.41/mo |
| 5% down | $4,349.49/mo |
| 10% down | $4,120.57/mo |
| 15% down | $3,891.65/mo |
| 20% down | $3,662.73/mo |
| 25% down | $3,433.81/mo |
| 30% down | $3,204.89/mo |
| 35% down | $2,975.97/mo |
| 40% down | $2,747.05/mo |
| 45% down | $2,518.13/mo |
| 50% down | $2,289.21/mo |
$959,000 Home at 6%
| 0% down | $5,749.69/mo |
| 5% down | $5,462.21/mo |
| 10% down | $5,174.72/mo |
| 15% down | $4,887.24/mo |
| 20% down | $4,599.75/mo |
| 25% down | $4,312.27/mo |
| 30% down | $4,024.78/mo |
| 35% down | $3,737.30/mo |
| 40% down | $3,449.81/mo |
| 45% down | $3,162.33/mo |
| 50% down | $2,874.84/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.