$475,000 Mortgage Loan Payments and Costs

$
$
%
years
%

Loan Summary


Use the mortgage calculator to calculate the cost of buying a $475k 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 475,000 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 $475,000 house.
2% interest
0% down$1,755.69/mo
5% down$1,667.91/mo
10% down$1,580.12/mo
15% down$1,492.34/mo
20% down$1,404.55/mo
25% down$1,316.77/mo
30% down$1,228.98/mo
35% down$1,141.20/mo
40% down$1,053.42/mo
45% down$965.63/mo
50% down$877.85/mo
4% interest
0% down$2,267.72/mo
5% down$2,154.34/mo
10% down$2,040.95/mo
15% down$1,927.56/mo
20% down$1,814.18/mo
25% down$1,700.79/mo
30% down$1,587.41/mo
35% down$1,474.02/mo
40% down$1,360.63/mo
45% down$1,247.25/mo
50% down$1,133.86/mo
6% interest
0% down$2,847.86/mo
5% down$2,705.47/mo
10% down$2,563.08/mo
15% down$2,420.69/mo
20% down$2,278.29/mo
25% down$2,135.90/mo
30% down$1,993.51/mo
35% down$1,851.11/mo
40% down$1,708.72/mo
45% down$1,566.33/mo
50% down$1,423.93/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 475,000 house with a 20% down payment?
($380,000 loan. 30 year mortgage)
0.25%$1,095.74
0.50%$1,136.92
0.75%$1,179.08
1.00%$1,222.23
1.25%$1,266.36
1.50%$1,311.46
1.75%$1,357.53
2.00%$1,404.55
2.25%$1,452.54
2.50%$1,501.46
2.75%$1,551.32
3.00%$1,602.10
3.25%$1,653.78
3.50%$1,706.37
3.75%$1,759.84
4.00%$1,814.18
4.25%$1,869.37
4.50%$1,925.40
4.75%$1,982.26
5.00%$2,039.92
5.25%$2,098.37
5.50%$2,157.60
5.75%$2,217.58
6.00%$2,278.29
6.25%$2,339.73
6.50%$2,401.86
6.75%$2,464.67
7.00%$2,528.15
7.25%$2,592.27
7.50%$2,657.02
7.75%$2,722.37
8.00%$2,788.31
8.25%$2,854.81
8.50%$2,921.87
8.75%$2,989.46
9.00%$3,057.57
9.25%$3,126.17
9.50%$3,195.25
9.75%$3,264.79
10.00%$3,334.77
10.25%$3,405.18
10.50%$3,476.01
10.75%$3,547.23
11.00%$3,618.83
11.25%$3,690.79
11.50%$3,763.11
11.75%$3,835.76
12.00%$3,908.73