$517,000 Mortgage Loan Payments and Costs

$
$
%
years
%

Loan Summary


Use the mortgage calculator to calculate the cost of buying a $517k 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 517,000 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 $517,000 house.
2% interest
0% down$1,910.93/mo
5% down$1,815.39/mo
10% down$1,719.84/mo
15% down$1,624.29/mo
20% down$1,528.75/mo
25% down$1,433.20/mo
30% down$1,337.65/mo
35% down$1,242.11/mo
40% down$1,146.56/mo
45% down$1,051.01/mo
50% down$955.47/mo
4% interest
0% down$2,468.24/mo
5% down$2,344.83/mo
10% down$2,221.41/mo
15% down$2,098.00/mo
20% down$1,974.59/mo
25% down$1,851.18/mo
30% down$1,727.77/mo
35% down$1,604.35/mo
40% down$1,480.94/mo
45% down$1,357.53/mo
50% down$1,234.12/mo
6% interest
0% down$3,099.68/mo
5% down$2,944.69/mo
10% down$2,789.71/mo
15% down$2,634.72/mo
20% down$2,479.74/mo
25% down$2,324.76/mo
30% down$2,169.77/mo
35% down$2,014.79/mo
40% down$1,859.81/mo
45% down$1,704.82/mo
50% down$1,549.84/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 517,000 house with a 20% down payment?
($413,600 loan. 30 year mortgage)
0.25%$1,192.63
0.50%$1,237.45
0.75%$1,283.34
1.00%$1,330.30
1.25%$1,378.33
1.50%$1,427.42
1.75%$1,477.56
2.00%$1,528.75
2.25%$1,580.97
2.50%$1,634.22
2.75%$1,688.49
3.00%$1,743.75
3.25%$1,800.01
3.50%$1,857.25
3.75%$1,915.45
4.00%$1,974.59
4.25%$2,034.66
4.50%$2,095.65
4.75%$2,157.53
5.00%$2,220.29
5.25%$2,283.91
5.50%$2,348.38
5.75%$2,413.66
6.00%$2,479.74
6.25%$2,546.61
6.50%$2,614.23
6.75%$2,682.60
7.00%$2,751.69
7.25%$2,821.48
7.50%$2,891.95
7.75%$2,963.08
8.00%$3,034.85
8.25%$3,107.24
8.50%$3,180.23
8.75%$3,253.79
9.00%$3,327.92
9.25%$3,402.59
9.50%$3,477.77
9.75%$3,553.46
10.00%$3,629.64
10.25%$3,706.27
10.50%$3,783.36
10.75%$3,860.88
11.00%$3,938.81
11.25%$4,017.14
11.50%$4,095.85
11.75%$4,174.92
12.00%$4,254.34