Use the mortgage calculator to calculate the cost of buying a $577k 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 577,000 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 $577,000 house.
$577,000 Home at 2%
| 0% down | $2,132.70/mo |
| 5% down | $2,026.07/mo |
| 10% down | $1,919.43/mo |
| 15% down | $1,812.80/mo |
| 20% down | $1,706.16/mo |
| 25% down | $1,599.53/mo |
| 30% down | $1,492.89/mo |
| 35% down | $1,386.26/mo |
| 40% down | $1,279.62/mo |
| 45% down | $1,172.99/mo |
| 50% down | $1,066.35/mo |
$577,000 Home at 4%
| 0% down | $2,754.69/mo |
| 5% down | $2,616.95/mo |
| 10% down | $2,479.22/mo |
| 15% down | $2,341.48/mo |
| 20% down | $2,203.75/mo |
| 25% down | $2,066.01/mo |
| 30% down | $1,928.28/mo |
| 35% down | $1,790.55/mo |
| 40% down | $1,652.81/mo |
| 45% down | $1,515.08/mo |
| 50% down | $1,377.34/mo |
$577,000 Home at 6%
| 0% down | $3,459.41/mo |
| 5% down | $3,286.44/mo |
| 10% down | $3,113.47/mo |
| 15% down | $2,940.50/mo |
| 20% down | $2,767.53/mo |
| 25% down | $2,594.55/mo |
| 30% down | $2,421.58/mo |
| 35% down | $2,248.61/mo |
| 40% down | $2,075.64/mo |
| 45% down | $1,902.67/mo |
| 50% down | $1,729.70/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.