$499,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $499k 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 499,000 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 $499,000 house.
2% interest
0% down$1,844.40/mo
5% down$1,752.18/mo
10% down$1,659.96/mo
15% down$1,567.74/mo
20% down$1,475.52/mo
25% down$1,383.30/mo
30% down$1,291.08/mo
35% down$1,198.86/mo
40% down$1,106.64/mo
45% down$1,014.42/mo
50% down$922.20/mo
4% interest
0% down$2,382.30/mo
5% down$2,263.19/mo
10% down$2,144.07/mo
15% down$2,024.96/mo
20% down$1,905.84/mo
25% down$1,786.73/mo
30% down$1,667.61/mo
35% down$1,548.50/mo
40% down$1,429.38/mo
45% down$1,310.27/mo
50% down$1,191.15/mo
6% interest
0% down$2,991.76/mo
5% down$2,842.17/mo
10% down$2,692.58/mo
15% down$2,542.99/mo
20% down$2,393.41/mo
25% down$2,243.82/mo
30% down$2,094.23/mo
35% down$1,944.64/mo
40% down$1,795.05/mo
45% down$1,645.47/mo
50% down$1,495.88/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 499,000 house with a 20% down payment?
($399,200 loan. 30 year mortgage)
0.25%$1,151.11
0.50%$1,194.36
0.75%$1,238.66
1.00%$1,283.98
1.25%$1,330.34
1.50%$1,377.72
1.75%$1,426.12
2.00%$1,475.52
2.25%$1,525.93
2.50%$1,577.32
2.75%$1,629.70
3.00%$1,683.04
3.25%$1,737.34
3.50%$1,792.59
3.75%$1,848.76
4.00%$1,905.84
4.25%$1,963.82
4.50%$2,022.69
4.75%$2,082.42
5.00%$2,142.99
5.25%$2,204.40
5.50%$2,266.61
5.75%$2,329.62
6.00%$2,393.41
6.25%$2,457.94
6.50%$2,523.22
6.75%$2,589.20
7.00%$2,655.89
7.25%$2,723.25
7.50%$2,791.26
7.75%$2,859.92
8.00%$2,929.19
8.25%$2,999.06
8.50%$3,069.50
8.75%$3,140.51
9.00%$3,212.05
9.25%$3,284.12
9.50%$3,356.69
9.75%$3,429.74
10.00%$3,503.27
10.25%$3,577.24
10.50%$3,651.64
10.75%$3,726.46
11.00%$3,801.67
11.25%$3,877.28
11.50%$3,953.24
11.75%$4,029.56
12.00%$4,106.22