$555,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $555k 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 555,000 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 $555,000 house.
2% interest
0% down$2,051.39/mo
5% down$1,948.82/mo
10% down$1,846.25/mo
15% down$1,743.68/mo
20% down$1,641.11/mo
25% down$1,538.54/mo
30% down$1,435.97/mo
35% down$1,333.40/mo
40% down$1,230.83/mo
45% down$1,128.26/mo
50% down$1,025.69/mo
4% interest
0% down$2,649.65/mo
5% down$2,517.17/mo
10% down$2,384.69/mo
15% down$2,252.21/mo
20% down$2,119.72/mo
25% down$1,987.24/mo
30% down$1,854.76/mo
35% down$1,722.28/mo
40% down$1,589.79/mo
45% down$1,457.31/mo
50% down$1,324.83/mo
6% interest
0% down$3,327.51/mo
5% down$3,161.13/mo
10% down$2,994.75/mo
15% down$2,828.38/mo
20% down$2,662.00/mo
25% down$2,495.63/mo
30% down$2,329.25/mo
35% down$2,162.88/mo
40% down$1,996.50/mo
45% down$1,830.13/mo
50% down$1,663.75/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 555,000 house with a 20% down payment?
($444,000 loan. 30 year mortgage)
0.25%$1,280.29
0.50%$1,328.40
0.75%$1,377.67
1.00%$1,428.08
1.25%$1,479.64
1.50%$1,532.33
1.75%$1,586.16
2.00%$1,641.11
2.25%$1,697.17
2.50%$1,754.34
2.75%$1,812.59
3.00%$1,871.92
3.25%$1,932.32
3.50%$1,993.76
3.75%$2,056.23
4.00%$2,119.72
4.25%$2,184.21
4.50%$2,249.68
4.75%$2,316.11
5.00%$2,383.49
5.25%$2,451.78
5.50%$2,520.98
5.75%$2,591.06
6.00%$2,662.00
6.25%$2,733.78
6.50%$2,806.38
6.75%$2,879.78
7.00%$2,953.94
7.25%$3,028.86
7.50%$3,104.51
7.75%$3,180.87
8.00%$3,257.91
8.25%$3,335.62
8.50%$3,413.98
8.75%$3,492.95
9.00%$3,572.52
9.25%$3,652.68
9.50%$3,733.39
9.75%$3,814.65
10.00%$3,896.42
10.25%$3,978.69
10.50%$4,061.44
10.75%$4,144.66
11.00%$4,228.32
11.25%$4,312.40
11.50%$4,396.89
11.75%$4,481.78
12.00%$4,567.04