$491,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $491k 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 491,000 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 $491,000 house.
2% interest
0% down$1,814.83/mo
5% down$1,724.09/mo
10% down$1,633.35/mo
15% down$1,542.61/mo
20% down$1,451.87/mo
25% down$1,361.12/mo
30% down$1,270.38/mo
35% down$1,179.64/mo
40% down$1,088.90/mo
45% down$998.16/mo
50% down$907.42/mo
4% interest
0% down$2,344.11/mo
5% down$2,226.90/mo
10% down$2,109.70/mo
15% down$1,992.49/mo
20% down$1,875.29/mo
25% down$1,758.08/mo
30% down$1,640.88/mo
35% down$1,523.67/mo
40% down$1,406.47/mo
45% down$1,289.26/mo
50% down$1,172.05/mo
6% interest
0% down$2,943.79/mo
5% down$2,796.60/mo
10% down$2,649.41/mo
15% down$2,502.22/mo
20% down$2,355.03/mo
25% down$2,207.84/mo
30% down$2,060.66/mo
35% down$1,913.47/mo
40% down$1,766.28/mo
45% down$1,619.09/mo
50% down$1,471.90/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 491,000 house with a 20% down payment?
($392,800 loan. 30 year mortgage)
0.25%$1,132.65
0.50%$1,175.22
0.75%$1,218.80
1.00%$1,263.40
1.25%$1,309.01
1.50%$1,355.63
1.75%$1,403.25
2.00%$1,451.87
2.25%$1,501.46
2.50%$1,552.03
2.75%$1,603.57
3.00%$1,656.06
3.25%$1,709.49
3.50%$1,763.85
3.75%$1,819.12
4.00%$1,875.29
4.25%$1,932.34
4.50%$1,990.26
4.75%$2,049.03
5.00%$2,108.64
5.25%$2,169.06
5.50%$2,230.28
5.75%$2,292.27
6.00%$2,355.03
6.25%$2,418.54
6.50%$2,482.76
6.75%$2,547.69
7.00%$2,613.31
7.25%$2,679.59
7.50%$2,746.51
7.75%$2,814.07
8.00%$2,882.23
8.25%$2,950.98
8.50%$3,020.29
8.75%$3,090.16
9.00%$3,160.56
9.25%$3,231.47
9.50%$3,302.88
9.75%$3,374.76
10.00%$3,447.10
10.25%$3,519.89
10.50%$3,593.10
10.75%$3,666.71
11.00%$3,740.73
11.25%$3,815.11
11.50%$3,889.86
11.75%$3,964.96
12.00%$4,040.39