Use the mortgage calculator to calculate the cost of buying a $484k 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 484,000 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 $484,000 house.
$484,000 Home at 2%
| 0% down | $1,788.96/mo |
| 5% down | $1,699.51/mo |
| 10% down | $1,610.06/mo |
| 15% down | $1,520.61/mo |
| 20% down | $1,431.17/mo |
| 25% down | $1,341.72/mo |
| 30% down | $1,252.27/mo |
| 35% down | $1,162.82/mo |
| 40% down | $1,073.37/mo |
| 45% down | $983.93/mo |
| 50% down | $894.48/mo |
$484,000 Home at 4%
| 0% down | $2,310.69/mo |
| 5% down | $2,195.16/mo |
| 10% down | $2,079.62/mo |
| 15% down | $1,964.09/mo |
| 20% down | $1,848.55/mo |
| 25% down | $1,733.02/mo |
| 30% down | $1,617.48/mo |
| 35% down | $1,501.95/mo |
| 40% down | $1,386.41/mo |
| 45% down | $1,270.88/mo |
| 50% down | $1,155.35/mo |
$484,000 Home at 6%
| 0% down | $2,901.82/mo |
| 5% down | $2,756.73/mo |
| 10% down | $2,611.64/mo |
| 15% down | $2,466.55/mo |
| 20% down | $2,321.46/mo |
| 25% down | $2,176.37/mo |
| 30% down | $2,031.28/mo |
| 35% down | $1,886.19/mo |
| 40% down | $1,741.09/mo |
| 45% down | $1,596.00/mo |
| 50% down | $1,450.91/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.