Use the mortgage calculator to calculate the cost of buying a $964k 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 964,000 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 $964,000 house.
$964,000 Home at 2%
| 0% down | $3,563.13/mo |
| 5% down | $3,384.98/mo |
| 10% down | $3,206.82/mo |
| 15% down | $3,028.66/mo |
| 20% down | $2,850.51/mo |
| 25% down | $2,672.35/mo |
| 30% down | $2,494.19/mo |
| 35% down | $2,316.04/mo |
| 40% down | $2,137.88/mo |
| 45% down | $1,959.72/mo |
| 50% down | $1,781.57/mo |
$964,000 Home at 4%
| 0% down | $4,602.28/mo |
| 5% down | $4,372.17/mo |
| 10% down | $4,142.06/mo |
| 15% down | $3,911.94/mo |
| 20% down | $3,681.83/mo |
| 25% down | $3,451.71/mo |
| 30% down | $3,221.60/mo |
| 35% down | $2,991.48/mo |
| 40% down | $2,761.37/mo |
| 45% down | $2,531.26/mo |
| 50% down | $2,301.14/mo |
$964,000 Home at 6%
| 0% down | $5,779.67/mo |
| 5% down | $5,490.68/mo |
| 10% down | $5,201.70/mo |
| 15% down | $4,912.72/mo |
| 20% down | $4,623.73/mo |
| 25% down | $4,334.75/mo |
| 30% down | $4,045.77/mo |
| 35% down | $3,756.78/mo |
| 40% down | $3,467.80/mo |
| 45% down | $3,178.82/mo |
| 50% down | $2,889.83/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.