$483,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $483k 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 483,000 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 $483,000 house.
2% interest
0% down$1,785.26/mo
5% down$1,696.00/mo
10% down$1,606.74/mo
15% down$1,517.47/mo
20% down$1,428.21/mo
25% down$1,338.95/mo
30% down$1,249.68/mo
35% down$1,160.42/mo
40% down$1,071.16/mo
45% down$981.89/mo
50% down$892.63/mo
4% interest
0% down$2,305.92/mo
5% down$2,190.62/mo
10% down$2,075.32/mo
15% down$1,960.03/mo
20% down$1,844.73/mo
25% down$1,729.44/mo
30% down$1,614.14/mo
35% down$1,498.85/mo
40% down$1,383.55/mo
45% down$1,268.25/mo
50% down$1,152.96/mo
6% interest
0% down$2,895.83/mo
5% down$2,751.04/mo
10% down$2,606.25/mo
15% down$2,461.45/mo
20% down$2,316.66/mo
25% down$2,171.87/mo
30% down$2,027.08/mo
35% down$1,882.29/mo
40% down$1,737.50/mo
45% down$1,592.71/mo
50% down$1,447.91/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 483,000 house with a 20% down payment?
($386,400 loan. 30 year mortgage)
0.25%$1,114.20
0.50%$1,156.07
0.75%$1,198.94
1.00%$1,242.82
1.25%$1,287.68
1.50%$1,333.54
1.75%$1,380.39
2.00%$1,428.21
2.25%$1,477.00
2.50%$1,526.75
2.75%$1,577.44
3.00%$1,629.08
3.25%$1,681.64
3.50%$1,735.11
3.75%$1,789.48
4.00%$1,844.73
4.25%$1,900.86
4.50%$1,957.83
4.75%$2,015.65
5.00%$2,074.28
5.25%$2,133.72
5.50%$2,193.94
5.75%$2,254.93
6.00%$2,316.66
6.25%$2,379.13
6.50%$2,442.31
6.75%$2,506.18
7.00%$2,570.73
7.25%$2,635.93
7.50%$2,701.76
7.75%$2,768.22
8.00%$2,835.27
8.25%$2,902.89
8.50%$2,971.08
8.75%$3,039.81
9.00%$3,109.06
9.25%$3,178.82
9.50%$3,249.06
9.75%$3,319.77
10.00%$3,390.94
10.25%$3,462.54
10.50%$3,534.55
10.75%$3,606.97
11.00%$3,679.78
11.25%$3,752.95
11.50%$3,826.49
11.75%$3,900.36
12.00%$3,974.56