Use the mortgage calculator to calculate the cost of buying a $571k 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 571,000 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 $571,000 house.
$571,000 Home at 2%
| 0% down | $2,110.53/mo |
| 5% down | $2,005.00/mo |
| 10% down | $1,899.47/mo |
| 15% down | $1,793.95/mo |
| 20% down | $1,688.42/mo |
| 25% down | $1,582.90/mo |
| 30% down | $1,477.37/mo |
| 35% down | $1,371.84/mo |
| 40% down | $1,266.32/mo |
| 45% down | $1,160.79/mo |
| 50% down | $1,055.26/mo |
$571,000 Home at 4%
| 0% down | $2,726.04/mo |
| 5% down | $2,589.74/mo |
| 10% down | $2,453.44/mo |
| 15% down | $2,317.14/mo |
| 20% down | $2,180.83/mo |
| 25% down | $2,044.53/mo |
| 30% down | $1,908.23/mo |
| 35% down | $1,771.93/mo |
| 40% down | $1,635.62/mo |
| 45% down | $1,499.32/mo |
| 50% down | $1,363.02/mo |
$571,000 Home at 6%
| 0% down | $3,423.43/mo |
| 5% down | $3,252.26/mo |
| 10% down | $3,081.09/mo |
| 15% down | $2,909.92/mo |
| 20% down | $2,738.75/mo |
| 25% down | $2,567.58/mo |
| 30% down | $2,396.40/mo |
| 35% down | $2,225.23/mo |
| 40% down | $2,054.06/mo |
| 45% down | $1,882.89/mo |
| 50% down | $1,711.72/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.