$450,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $450k 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 450,000 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 $450,000 house.
2% interest
0% down$1,663.29/mo
5% down$1,580.12/mo
10% down$1,496.96/mo
15% down$1,413.79/mo
20% down$1,330.63/mo
25% down$1,247.47/mo
30% down$1,164.30/mo
35% down$1,081.14/mo
40% down$997.97/mo
45% down$914.81/mo
50% down$831.64/mo
4% interest
0% down$2,148.37/mo
5% down$2,040.95/mo
10% down$1,933.53/mo
15% down$1,826.11/mo
20% down$1,718.70/mo
25% down$1,611.28/mo
30% down$1,503.86/mo
35% down$1,396.44/mo
40% down$1,289.02/mo
45% down$1,181.60/mo
50% down$1,074.18/mo
6% interest
0% down$2,697.98/mo
5% down$2,563.08/mo
10% down$2,428.18/mo
15% down$2,293.28/mo
20% down$2,158.38/mo
25% down$2,023.48/mo
30% down$1,888.58/mo
35% down$1,753.69/mo
40% down$1,618.79/mo
45% down$1,483.89/mo
50% down$1,348.99/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 450,000 house with a 20% down payment?
($360,000 loan. 30 year mortgage)
0.25%$1,038.07
0.50%$1,077.08
0.75%$1,117.03
1.00%$1,157.90
1.25%$1,199.71
1.50%$1,242.43
1.75%$1,286.08
2.00%$1,330.63
2.25%$1,376.09
2.50%$1,422.44
2.75%$1,469.67
3.00%$1,517.77
3.25%$1,566.74
3.50%$1,616.56
3.75%$1,667.22
4.00%$1,718.70
4.25%$1,770.98
4.50%$1,824.07
4.75%$1,877.93
5.00%$1,932.56
5.25%$1,987.93
5.50%$2,044.04
5.75%$2,100.86
6.00%$2,158.38
6.25%$2,216.58
6.50%$2,275.44
6.75%$2,334.95
7.00%$2,395.09
7.25%$2,455.83
7.50%$2,517.17
7.75%$2,579.08
8.00%$2,641.55
8.25%$2,704.56
8.50%$2,768.09
8.75%$2,832.12
9.00%$2,896.64
9.25%$2,961.63
9.50%$3,027.08
9.75%$3,092.96
10.00%$3,159.26
10.25%$3,225.96
10.50%$3,293.06
10.75%$3,360.53
11.00%$3,428.36
11.25%$3,496.54
11.50%$3,565.05
11.75%$3,633.88
12.00%$3,703.01