Use the mortgage calculator to calculate the cost of buying a $522k 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 522,000 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 $522,000 house.
$522,000 Home at 2%
| 0% down | $1,929.41/mo |
| 5% down | $1,832.94/mo |
| 10% down | $1,736.47/mo |
| 15% down | $1,640.00/mo |
| 20% down | $1,543.53/mo |
| 25% down | $1,447.06/mo |
| 30% down | $1,350.59/mo |
| 35% down | $1,254.12/mo |
| 40% down | $1,157.65/mo |
| 45% down | $1,061.18/mo |
| 50% down | $964.71/mo |
$522,000 Home at 4%
| 0% down | $2,492.11/mo |
| 5% down | $2,367.50/mo |
| 10% down | $2,242.90/mo |
| 15% down | $2,118.29/mo |
| 20% down | $1,993.69/mo |
| 25% down | $1,869.08/mo |
| 30% down | $1,744.48/mo |
| 35% down | $1,619.87/mo |
| 40% down | $1,495.26/mo |
| 45% down | $1,370.66/mo |
| 50% down | $1,246.05/mo |
$522,000 Home at 6%
| 0% down | $3,129.65/mo |
| 5% down | $2,973.17/mo |
| 10% down | $2,816.69/mo |
| 15% down | $2,660.21/mo |
| 20% down | $2,503.72/mo |
| 25% down | $2,347.24/mo |
| 30% down | $2,190.76/mo |
| 35% down | $2,034.27/mo |
| 40% down | $1,877.79/mo |
| 45% down | $1,721.31/mo |
| 50% down | $1,564.83/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.