Use the mortgage calculator to calculate the cost of buying a $467k 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 467,000 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 $467,000 house.
$467,000 Home at 2%
| 0% down | $1,726.12/mo |
| 5% down | $1,639.82/mo |
| 10% down | $1,553.51/mo |
| 15% down | $1,467.20/mo |
| 20% down | $1,380.90/mo |
| 25% down | $1,294.59/mo |
| 30% down | $1,208.29/mo |
| 35% down | $1,121.98/mo |
| 40% down | $1,035.67/mo |
| 45% down | $949.37/mo |
| 50% down | $863.06/mo |
$467,000 Home at 4%
| 0% down | $2,229.53/mo |
| 5% down | $2,118.05/mo |
| 10% down | $2,006.58/mo |
| 15% down | $1,895.10/mo |
| 20% down | $1,783.62/mo |
| 25% down | $1,672.15/mo |
| 30% down | $1,560.67/mo |
| 35% down | $1,449.19/mo |
| 40% down | $1,337.72/mo |
| 45% down | $1,226.24/mo |
| 50% down | $1,114.76/mo |
$467,000 Home at 6%
| 0% down | $2,799.90/mo |
| 5% down | $2,659.91/mo |
| 10% down | $2,519.91/mo |
| 15% down | $2,379.92/mo |
| 20% down | $2,239.92/mo |
| 25% down | $2,099.93/mo |
| 30% down | $1,959.93/mo |
| 35% down | $1,819.94/mo |
| 40% down | $1,679.94/mo |
| 45% down | $1,539.95/mo |
| 50% down | $1,399.95/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.