$423,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $423k 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 423,000 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 $423,000 house.
2% interest
0% down$1,563.49/mo
5% down$1,485.32/mo
10% down$1,407.14/mo
15% down$1,328.97/mo
20% down$1,250.79/mo
25% down$1,172.62/mo
30% down$1,094.44/mo
35% down$1,016.27/mo
40% down$938.09/mo
45% down$859.92/mo
50% down$781.75/mo
4% interest
0% down$2,019.47/mo
5% down$1,918.49/mo
10% down$1,817.52/mo
15% down$1,716.55/mo
20% down$1,615.57/mo
25% down$1,514.60/mo
30% down$1,413.63/mo
35% down$1,312.65/mo
40% down$1,211.68/mo
45% down$1,110.71/mo
50% down$1,009.73/mo
6% interest
0% down$2,536.10/mo
5% down$2,409.29/mo
10% down$2,282.49/mo
15% down$2,155.68/mo
20% down$2,028.88/mo
25% down$1,902.07/mo
30% down$1,775.27/mo
35% down$1,648.46/mo
40% down$1,521.66/mo
45% down$1,394.85/mo
50% down$1,268.05/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 423,000 house with a 20% down payment?
($338,400 loan. 30 year mortgage)
0.25%$975.79
0.50%$1,012.46
0.75%$1,050.00
1.00%$1,088.43
1.25%$1,127.72
1.50%$1,167.89
1.75%$1,208.91
2.00%$1,250.79
2.25%$1,293.52
2.50%$1,337.09
2.75%$1,381.49
3.00%$1,426.71
3.25%$1,472.74
3.50%$1,519.57
3.75%$1,567.18
4.00%$1,615.57
4.25%$1,664.72
4.50%$1,714.62
4.75%$1,765.25
5.00%$1,816.60
5.25%$1,868.66
5.50%$1,921.40
5.75%$1,974.81
6.00%$2,028.88
6.25%$2,083.59
6.50%$2,138.92
6.75%$2,194.86
7.00%$2,251.38
7.25%$2,308.48
7.50%$2,366.14
7.75%$2,424.34
8.00%$2,483.06
8.25%$2,542.29
8.50%$2,602.00
8.75%$2,662.19
9.00%$2,722.84
9.25%$2,783.93
9.50%$2,845.45
9.75%$2,907.38
10.00%$2,969.70
10.25%$3,032.41
10.50%$3,095.48
10.75%$3,158.90
11.00%$3,222.66
11.25%$3,286.75
11.50%$3,351.15
11.75%$3,415.84
12.00%$3,480.83