$462,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $462k 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 462,000 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 $462,000 house.
2% interest
0% down$1,707.64/mo
5% down$1,622.26/mo
10% down$1,536.88/mo
15% down$1,451.50/mo
20% down$1,366.11/mo
25% down$1,280.73/mo
30% down$1,195.35/mo
35% down$1,109.97/mo
40% down$1,024.59/mo
45% down$939.20/mo
50% down$853.82/mo
4% interest
0% down$2,205.66/mo
5% down$2,095.38/mo
10% down$1,985.09/mo
15% down$1,874.81/mo
20% down$1,764.53/mo
25% down$1,654.24/mo
30% down$1,543.96/mo
35% down$1,433.68/mo
40% down$1,323.40/mo
45% down$1,213.11/mo
50% down$1,102.83/mo
6% interest
0% down$2,769.92/mo
5% down$2,631.43/mo
10% down$2,492.93/mo
15% down$2,354.43/mo
20% down$2,215.94/mo
25% down$2,077.44/mo
30% down$1,938.95/mo
35% down$1,800.45/mo
40% down$1,661.95/mo
45% down$1,523.46/mo
50% down$1,384.96/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 462,000 house with a 20% down payment?
($369,600 loan. 30 year mortgage)
0.25%$1,065.75
0.50%$1,105.80
0.75%$1,146.81
1.00%$1,188.78
1.25%$1,231.70
1.50%$1,275.56
1.75%$1,320.37
2.00%$1,366.11
2.25%$1,412.78
2.50%$1,460.37
2.75%$1,508.86
3.00%$1,558.25
3.25%$1,608.52
3.50%$1,659.67
3.75%$1,711.68
4.00%$1,764.53
4.25%$1,818.21
4.50%$1,872.71
4.75%$1,928.01
5.00%$1,984.09
5.25%$2,040.94
5.50%$2,098.55
5.75%$2,156.89
6.00%$2,215.94
6.25%$2,275.69
6.50%$2,336.12
6.75%$2,397.22
7.00%$2,458.96
7.25%$2,521.32
7.50%$2,584.30
7.75%$2,647.86
8.00%$2,711.99
8.25%$2,776.68
8.50%$2,841.90
8.75%$2,907.64
9.00%$2,973.89
9.25%$3,040.61
9.50%$3,107.80
9.75%$3,175.43
10.00%$3,243.50
10.25%$3,311.99
10.50%$3,380.88
10.75%$3,450.15
11.00%$3,519.79
11.25%$3,589.78
11.50%$3,660.12
11.75%$3,730.78
12.00%$3,801.75