Use the mortgage calculator to calculate the cost of buying a $582k 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 582,000 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 $582,000 house.
$582,000 Home at 2%
| 0% down | $2,151.19/mo |
| 5% down | $2,043.63/mo |
| 10% down | $1,936.07/mo |
| 15% down | $1,828.51/mo |
| 20% down | $1,720.95/mo |
| 25% down | $1,613.39/mo |
| 30% down | $1,505.83/mo |
| 35% down | $1,398.27/mo |
| 40% down | $1,290.71/mo |
| 45% down | $1,183.15/mo |
| 50% down | $1,075.59/mo |
$582,000 Home at 4%
| 0% down | $2,778.56/mo |
| 5% down | $2,639.63/mo |
| 10% down | $2,500.70/mo |
| 15% down | $2,361.77/mo |
| 20% down | $2,222.85/mo |
| 25% down | $2,083.92/mo |
| 30% down | $1,944.99/mo |
| 35% down | $1,806.06/mo |
| 40% down | $1,667.13/mo |
| 45% down | $1,528.21/mo |
| 50% down | $1,389.28/mo |
$582,000 Home at 6%
| 0% down | $3,489.38/mo |
| 5% down | $3,314.91/mo |
| 10% down | $3,140.45/mo |
| 15% down | $2,965.98/mo |
| 20% down | $2,791.51/mo |
| 25% down | $2,617.04/mo |
| 30% down | $2,442.57/mo |
| 35% down | $2,268.10/mo |
| 40% down | $2,093.63/mo |
| 45% down | $1,919.16/mo |
| 50% down | $1,744.69/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.