Use the mortgage calculator to calculate the cost of buying a $446k 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 446,000 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 $446,000 house.
$446,000 Home at 2%
| 0% down | $1,648.50/mo |
| 5% down | $1,566.08/mo |
| 10% down | $1,483.65/mo |
| 15% down | $1,401.23/mo |
| 20% down | $1,318.80/mo |
| 25% down | $1,236.38/mo |
| 30% down | $1,153.95/mo |
| 35% down | $1,071.53/mo |
| 40% down | $989.10/mo |
| 45% down | $906.68/mo |
| 50% down | $824.25/mo |
$446,000 Home at 4%
| 0% down | $2,129.27/mo |
| 5% down | $2,022.81/mo |
| 10% down | $1,916.34/mo |
| 15% down | $1,809.88/mo |
| 20% down | $1,703.42/mo |
| 25% down | $1,596.95/mo |
| 30% down | $1,490.49/mo |
| 35% down | $1,384.03/mo |
| 40% down | $1,277.56/mo |
| 45% down | $1,171.10/mo |
| 50% down | $1,064.64/mo |
$446,000 Home at 6%
| 0% down | $2,674.00/mo |
| 5% down | $2,540.30/mo |
| 10% down | $2,406.60/mo |
| 15% down | $2,272.90/mo |
| 20% down | $2,139.20/mo |
| 25% down | $2,005.50/mo |
| 30% down | $1,871.80/mo |
| 35% down | $1,738.10/mo |
| 40% down | $1,604.40/mo |
| 45% down | $1,470.70/mo |
| 50% down | $1,337.00/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.