$470,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $470k 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 470,000 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 $470,000 house.
2% interest
0% down$1,737.21/mo
5% down$1,650.35/mo
10% down$1,563.49/mo
15% down$1,476.63/mo
20% down$1,389.77/mo
25% down$1,302.91/mo
30% down$1,216.05/mo
35% down$1,129.19/mo
40% down$1,042.33/mo
45% down$955.47/mo
50% down$868.61/mo
4% interest
0% down$2,243.85/mo
5% down$2,131.66/mo
10% down$2,019.47/mo
15% down$1,907.27/mo
20% down$1,795.08/mo
25% down$1,682.89/mo
30% down$1,570.70/mo
35% down$1,458.50/mo
40% down$1,346.31/mo
45% down$1,234.12/mo
50% down$1,121.93/mo
6% interest
0% down$2,817.89/mo
5% down$2,676.99/mo
10% down$2,536.10/mo
15% down$2,395.20/mo
20% down$2,254.31/mo
25% down$2,113.42/mo
30% down$1,972.52/mo
35% down$1,831.63/mo
40% down$1,690.73/mo
45% down$1,549.84/mo
50% down$1,408.94/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 470,000 house with a 20% down payment?
($376,000 loan. 30 year mortgage)
0.25%$1,084.21
0.50%$1,124.95
0.75%$1,166.67
1.00%$1,209.36
1.25%$1,253.03
1.50%$1,297.65
1.75%$1,343.24
2.00%$1,389.77
2.25%$1,437.25
2.50%$1,485.65
2.75%$1,534.99
3.00%$1,585.23
3.25%$1,636.38
3.50%$1,688.41
3.75%$1,741.31
4.00%$1,795.08
4.25%$1,849.69
4.50%$1,905.14
4.75%$1,961.39
5.00%$2,018.45
5.25%$2,076.29
5.50%$2,134.89
5.75%$2,194.23
6.00%$2,254.31
6.25%$2,315.10
6.50%$2,376.58
6.75%$2,438.73
7.00%$2,501.54
7.25%$2,564.98
7.50%$2,629.05
7.75%$2,693.71
8.00%$2,758.95
8.25%$2,824.76
8.50%$2,891.11
8.75%$2,957.99
9.00%$3,025.38
9.25%$3,093.26
9.50%$3,161.61
9.75%$3,230.42
10.00%$3,299.67
10.25%$3,369.34
10.50%$3,439.42
10.75%$3,509.89
11.00%$3,580.74
11.25%$3,651.94
11.50%$3,723.50
11.75%$3,795.38
12.00%$3,867.58