$523,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $523k 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 523,000 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 $523,000 house.
2% interest
0% down$1,933.11/mo
5% down$1,836.45/mo
10% down$1,739.80/mo
15% down$1,643.14/mo
20% down$1,546.49/mo
25% down$1,449.83/mo
30% down$1,353.18/mo
35% down$1,256.52/mo
40% down$1,159.87/mo
45% down$1,063.21/mo
50% down$966.55/mo
4% interest
0% down$2,496.88/mo
5% down$2,372.04/mo
10% down$2,247.19/mo
15% down$2,122.35/mo
20% down$1,997.51/mo
25% down$1,872.66/mo
30% down$1,747.82/mo
35% down$1,622.97/mo
40% down$1,498.13/mo
45% down$1,373.29/mo
50% down$1,248.44/mo
6% interest
0% down$3,135.65/mo
5% down$2,978.87/mo
10% down$2,822.08/mo
15% down$2,665.30/mo
20% down$2,508.52/mo
25% down$2,351.74/mo
30% down$2,194.95/mo
35% down$2,038.17/mo
40% down$1,881.39/mo
45% down$1,724.61/mo
50% down$1,567.82/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 523,000 house with a 20% down payment?
($418,400 loan. 30 year mortgage)
0.25%$1,206.47
0.50%$1,251.81
0.75%$1,298.23
1.00%$1,345.74
1.25%$1,394.33
1.50%$1,443.98
1.75%$1,494.71
2.00%$1,546.49
2.25%$1,599.32
2.50%$1,653.19
2.75%$1,708.08
3.00%$1,763.99
3.25%$1,820.90
3.50%$1,878.80
3.75%$1,937.68
4.00%$1,997.51
4.25%$2,058.28
4.50%$2,119.97
4.75%$2,182.57
5.00%$2,246.06
5.25%$2,310.42
5.50%$2,375.63
5.75%$2,441.67
6.00%$2,508.52
6.25%$2,576.16
6.50%$2,644.57
6.75%$2,713.73
7.00%$2,783.63
7.25%$2,854.23
7.50%$2,925.51
7.75%$2,997.47
8.00%$3,070.07
8.25%$3,143.30
8.50%$3,217.13
8.75%$3,291.55
9.00%$3,366.54
9.25%$3,442.07
9.50%$3,518.13
9.75%$3,594.70
10.00%$3,671.76
10.25%$3,749.29
10.50%$3,827.27
10.75%$3,905.69
11.00%$3,984.52
11.25%$4,063.76
11.50%$4,143.38
11.75%$4,223.37
12.00%$4,303.72