Use the mortgage calculator to calculate the cost of buying a $466k 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 466,000 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 $466,000 house.
$466,000 Home at 2%
0% down | $1,722.43/mo |
5% down | $1,636.31/mo |
10% down | $1,550.18/mo |
15% down | $1,464.06/mo |
20% down | $1,377.94/mo |
25% down | $1,291.82/mo |
30% down | $1,205.70/mo |
35% down | $1,119.58/mo |
40% down | $1,033.46/mo |
45% down | $947.33/mo |
50% down | $861.21/mo |
$466,000 Home at 4%
0% down | $2,224.76/mo |
5% down | $2,113.52/mo |
10% down | $2,002.28/mo |
15% down | $1,891.04/mo |
20% down | $1,779.80/mo |
25% down | $1,668.57/mo |
30% down | $1,557.33/mo |
35% down | $1,446.09/mo |
40% down | $1,334.85/mo |
45% down | $1,223.62/mo |
50% down | $1,112.38/mo |
$466,000 Home at 6%
0% down | $2,793.91/mo |
5% down | $2,654.21/mo |
10% down | $2,514.51/mo |
15% down | $2,374.82/mo |
20% down | $2,235.12/mo |
25% down | $2,095.43/mo |
30% down | $1,955.73/mo |
35% down | $1,816.04/mo |
40% down | $1,676.34/mo |
45% down | $1,536.65/mo |
50% down | $1,396.95/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.