$447,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $447k 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 447,000 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 $447,000 house.
2% interest
0% down$1,652.20/mo
5% down$1,569.59/mo
10% down$1,486.98/mo
15% down$1,404.37/mo
20% down$1,321.76/mo
25% down$1,239.15/mo
30% down$1,156.54/mo
35% down$1,073.93/mo
40% down$991.32/mo
45% down$908.71/mo
50% down$826.10/mo
4% interest
0% down$2,134.05/mo
5% down$2,027.34/mo
10% down$1,920.64/mo
15% down$1,813.94/mo
20% down$1,707.24/mo
25% down$1,600.53/mo
30% down$1,493.83/mo
35% down$1,387.13/mo
40% down$1,280.43/mo
45% down$1,173.73/mo
50% down$1,067.02/mo
6% interest
0% down$2,679.99/mo
5% down$2,545.99/mo
10% down$2,411.99/mo
15% down$2,277.99/mo
20% down$2,143.99/mo
25% down$2,009.99/mo
30% down$1,875.99/mo
35% down$1,741.99/mo
40% down$1,607.99/mo
45% down$1,473.99/mo
50% down$1,340.00/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 447,000 house with a 20% down payment?
($357,600 loan. 30 year mortgage)
0.25%$1,031.15
0.50%$1,069.90
0.75%$1,109.58
1.00%$1,150.18
1.25%$1,191.71
1.50%$1,234.15
1.75%$1,277.50
2.00%$1,321.76
2.25%$1,366.91
2.50%$1,412.95
2.75%$1,459.87
3.00%$1,507.66
3.25%$1,556.30
3.50%$1,605.78
3.75%$1,656.10
4.00%$1,707.24
4.25%$1,759.18
4.50%$1,811.91
4.75%$1,865.41
5.00%$1,919.67
5.25%$1,974.68
5.50%$2,030.41
5.75%$2,086.86
6.00%$2,143.99
6.25%$2,201.80
6.50%$2,260.28
6.75%$2,319.39
7.00%$2,379.12
7.25%$2,439.46
7.50%$2,500.39
7.75%$2,561.89
8.00%$2,623.94
8.25%$2,686.53
8.50%$2,749.63
8.75%$2,813.24
9.00%$2,877.33
9.25%$2,941.89
9.50%$3,006.89
9.75%$3,072.34
10.00%$3,138.20
10.25%$3,204.46
10.50%$3,271.11
10.75%$3,338.13
11.00%$3,405.51
11.25%$3,473.23
11.50%$3,541.28
11.75%$3,609.65
12.00%$3,678.32