$428,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $428k 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 428,000 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 $428,000 house.
2% interest
0% down$1,581.97/mo
5% down$1,502.87/mo
10% down$1,423.77/mo
15% down$1,344.68/mo
20% down$1,265.58/mo
25% down$1,186.48/mo
30% down$1,107.38/mo
35% down$1,028.28/mo
40% down$949.18/mo
45% down$870.08/mo
50% down$790.99/mo
4% interest
0% down$2,043.34/mo
5% down$1,941.17/mo
10% down$1,839.00/mo
15% down$1,736.84/mo
20% down$1,634.67/mo
25% down$1,532.50/mo
30% down$1,430.34/mo
35% down$1,328.17/mo
40% down$1,226.00/mo
45% down$1,123.84/mo
50% down$1,021.67/mo
6% interest
0% down$2,566.08/mo
5% down$2,437.77/mo
10% down$2,309.47/mo
15% down$2,181.16/mo
20% down$2,052.86/mo
25% down$1,924.56/mo
30% down$1,796.25/mo
35% down$1,667.95/mo
40% down$1,539.65/mo
45% down$1,411.34/mo
50% down$1,283.04/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 428,000 house with a 20% down payment?
($342,400 loan. 30 year mortgage)
0.25%$987.32
0.50%$1,024.42
0.75%$1,062.42
1.00%$1,101.29
1.25%$1,141.05
1.50%$1,181.69
1.75%$1,223.20
2.00%$1,265.58
2.25%$1,308.81
2.50%$1,352.89
2.75%$1,397.82
3.00%$1,443.57
3.25%$1,490.15
3.50%$1,537.53
3.75%$1,585.71
4.00%$1,634.67
4.25%$1,684.40
4.50%$1,734.89
4.75%$1,786.12
5.00%$1,838.08
5.25%$1,890.75
5.50%$1,944.11
5.75%$1,998.15
6.00%$2,052.86
6.25%$2,108.22
6.50%$2,164.20
6.75%$2,220.80
7.00%$2,278.00
7.25%$2,335.77
7.50%$2,394.11
7.75%$2,453.00
8.00%$2,512.41
8.25%$2,572.34
8.50%$2,632.76
8.75%$2,693.66
9.00%$2,755.03
9.25%$2,816.84
9.50%$2,879.08
9.75%$2,941.74
10.00%$3,004.81
10.25%$3,068.25
10.50%$3,132.07
10.75%$3,196.24
11.00%$3,260.76
11.25%$3,325.60
11.50%$3,390.76
11.75%$3,456.22
12.00%$3,521.97