$510,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $510k 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 510,000 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 $510,000 house.
2% interest
0% down$1,885.06/mo
5% down$1,790.81/mo
10% down$1,696.55/mo
15% down$1,602.30/mo
20% down$1,508.05/mo
25% down$1,413.79/mo
30% down$1,319.54/mo
35% down$1,225.29/mo
40% down$1,131.04/mo
45% down$1,036.78/mo
50% down$942.53/mo
4% interest
0% down$2,434.82/mo
5% down$2,313.08/mo
10% down$2,191.34/mo
15% down$2,069.60/mo
20% down$1,947.85/mo
25% down$1,826.11/mo
30% down$1,704.37/mo
35% down$1,582.63/mo
40% down$1,460.89/mo
45% down$1,339.15/mo
50% down$1,217.41/mo
6% interest
0% down$3,057.71/mo
5% down$2,904.82/mo
10% down$2,751.94/mo
15% down$2,599.05/mo
20% down$2,446.17/mo
25% down$2,293.28/mo
30% down$2,140.40/mo
35% down$1,987.51/mo
40% down$1,834.62/mo
45% down$1,681.74/mo
50% down$1,528.85/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 510,000 house with a 20% down payment?
($408,000 loan. 30 year mortgage)
0.25%$1,176.48
0.50%$1,220.69
0.75%$1,265.96
1.00%$1,312.29
1.25%$1,359.67
1.50%$1,408.09
1.75%$1,457.55
2.00%$1,508.05
2.25%$1,559.56
2.50%$1,612.09
2.75%$1,665.62
3.00%$1,720.14
3.25%$1,775.64
3.50%$1,832.10
3.75%$1,889.51
4.00%$1,947.85
4.25%$2,007.11
4.50%$2,067.28
4.75%$2,128.32
5.00%$2,190.23
5.25%$2,252.99
5.50%$2,316.58
5.75%$2,380.98
6.00%$2,446.17
6.25%$2,512.13
6.50%$2,578.84
6.75%$2,646.28
7.00%$2,714.43
7.25%$2,783.28
7.50%$2,852.80
7.75%$2,922.96
8.00%$2,993.76
8.25%$3,065.17
8.50%$3,137.17
8.75%$3,209.74
9.00%$3,282.86
9.25%$3,356.52
9.50%$3,430.69
9.75%$3,505.35
10.00%$3,580.49
10.25%$3,656.09
10.50%$3,732.14
10.75%$3,808.60
11.00%$3,885.48
11.25%$3,962.75
11.50%$4,040.39
11.75%$4,118.39
12.00%$4,196.74