$524,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $524k 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 524,000 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 $524,000 house.
2% interest
0% down$1,936.81/mo
5% down$1,839.97/mo
10% down$1,743.13/mo
15% down$1,646.29/mo
20% down$1,549.44/mo
25% down$1,452.60/mo
30% down$1,355.76/mo
35% down$1,258.92/mo
40% down$1,162.08/mo
45% down$1,065.24/mo
50% down$968.40/mo
4% interest
0% down$2,501.66/mo
5% down$2,376.57/mo
10% down$2,251.49/mo
15% down$2,126.41/mo
20% down$2,001.32/mo
25% down$1,876.24/mo
30% down$1,751.16/mo
35% down$1,626.08/mo
40% down$1,500.99/mo
45% down$1,375.91/mo
50% down$1,250.83/mo
6% interest
0% down$3,141.64/mo
5% down$2,984.56/mo
10% down$2,827.48/mo
15% down$2,670.40/mo
20% down$2,513.32/mo
25% down$2,356.23/mo
30% down$2,199.15/mo
35% down$2,042.07/mo
40% down$1,884.99/mo
45% down$1,727.90/mo
50% down$1,570.82/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 524,000 house with a 20% down payment?
($419,200 loan. 30 year mortgage)
0.25%$1,208.78
0.50%$1,254.20
0.75%$1,300.72
1.00%$1,348.31
1.25%$1,396.99
1.50%$1,446.74
1.75%$1,497.56
2.00%$1,549.44
2.25%$1,602.38
2.50%$1,656.35
2.75%$1,711.35
3.00%$1,767.36
3.25%$1,824.38
3.50%$1,882.40
3.75%$1,941.38
4.00%$2,001.32
4.25%$2,062.21
4.50%$2,124.02
4.75%$2,186.75
5.00%$2,250.36
5.25%$2,314.84
5.50%$2,380.17
5.75%$2,446.34
6.00%$2,513.32
6.25%$2,581.09
6.50%$2,649.63
6.75%$2,718.92
7.00%$2,788.95
7.25%$2,859.68
7.50%$2,931.11
7.75%$3,003.20
8.00%$3,075.94
8.25%$3,149.31
8.50%$3,223.29
8.75%$3,297.85
9.00%$3,372.98
9.25%$3,448.66
9.50%$3,524.86
9.75%$3,601.58
10.00%$3,678.78
10.25%$3,756.46
10.50%$3,834.59
10.75%$3,913.15
11.00%$3,992.14
11.25%$4,071.53
11.50%$4,151.30
11.75%$4,231.45
12.00%$4,311.94