Use the mortgage calculator to calculate the cost of buying a $967k 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 967,000 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 $967,000 house.
$967,000 Home at 2%
| 0% down | $3,574.22/mo |
| 5% down | $3,395.51/mo |
| 10% down | $3,216.80/mo |
| 15% down | $3,038.09/mo |
| 20% down | $2,859.38/mo |
| 25% down | $2,680.67/mo |
| 30% down | $2,501.95/mo |
| 35% down | $2,323.24/mo |
| 40% down | $2,144.53/mo |
| 45% down | $1,965.82/mo |
| 50% down | $1,787.11/mo |
$967,000 Home at 4%
| 0% down | $4,616.61/mo |
| 5% down | $4,385.78/mo |
| 10% down | $4,154.95/mo |
| 15% down | $3,924.12/mo |
| 20% down | $3,693.28/mo |
| 25% down | $3,462.45/mo |
| 30% down | $3,231.62/mo |
| 35% down | $3,000.79/mo |
| 40% down | $2,769.96/mo |
| 45% down | $2,539.13/mo |
| 50% down | $2,308.30/mo |
$967,000 Home at 6%
| 0% down | $5,797.65/mo |
| 5% down | $5,507.77/mo |
| 10% down | $5,217.89/mo |
| 15% down | $4,928.01/mo |
| 20% down | $4,638.12/mo |
| 25% down | $4,348.24/mo |
| 30% down | $4,058.36/mo |
| 35% down | $3,768.47/mo |
| 40% down | $3,478.59/mo |
| 45% down | $3,188.71/mo |
| 50% down | $2,898.83/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.