Use the mortgage calculator to calculate the cost of buying a $579k 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 579,000 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 $579,000 house.
$579,000 Home at 2%
| 0% down | $2,140.10/mo |
| 5% down | $2,033.09/mo |
| 10% down | $1,926.09/mo |
| 15% down | $1,819.08/mo |
| 20% down | $1,712.08/mo |
| 25% down | $1,605.07/mo |
| 30% down | $1,498.07/mo |
| 35% down | $1,391.06/mo |
| 40% down | $1,284.06/mo |
| 45% down | $1,177.05/mo |
| 50% down | $1,070.05/mo |
$579,000 Home at 4%
| 0% down | $2,764.23/mo |
| 5% down | $2,626.02/mo |
| 10% down | $2,487.81/mo |
| 15% down | $2,349.60/mo |
| 20% down | $2,211.39/mo |
| 25% down | $2,073.18/mo |
| 30% down | $1,934.96/mo |
| 35% down | $1,796.75/mo |
| 40% down | $1,658.54/mo |
| 45% down | $1,520.33/mo |
| 50% down | $1,382.12/mo |
$579,000 Home at 6%
| 0% down | $3,471.40/mo |
| 5% down | $3,297.83/mo |
| 10% down | $3,124.26/mo |
| 15% down | $2,950.69/mo |
| 20% down | $2,777.12/mo |
| 25% down | $2,603.55/mo |
| 30% down | $2,429.98/mo |
| 35% down | $2,256.41/mo |
| 40% down | $2,082.84/mo |
| 45% down | $1,909.27/mo |
| 50% down | $1,735.70/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.