Use the mortgage calculator to calculate the cost of buying a $652k 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 652,000 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 $652,000 house.
$652,000 Home at 2%
| 0% down | $2,409.92/mo |
| 5% down | $2,289.42/mo |
| 10% down | $2,168.93/mo |
| 15% down | $2,048.43/mo |
| 20% down | $1,927.94/mo |
| 25% down | $1,807.44/mo |
| 30% down | $1,686.94/mo |
| 35% down | $1,566.45/mo |
| 40% down | $1,445.95/mo |
| 45% down | $1,325.46/mo |
| 50% down | $1,204.96/mo |
$652,000 Home at 4%
| 0% down | $3,112.75/mo |
| 5% down | $2,957.11/mo |
| 10% down | $2,801.47/mo |
| 15% down | $2,645.84/mo |
| 20% down | $2,490.20/mo |
| 25% down | $2,334.56/mo |
| 30% down | $2,178.92/mo |
| 35% down | $2,023.29/mo |
| 40% down | $1,867.65/mo |
| 45% down | $1,712.01/mo |
| 50% down | $1,556.37/mo |
$652,000 Home at 6%
| 0% down | $3,909.07/mo |
| 5% down | $3,713.62/mo |
| 10% down | $3,518.16/mo |
| 15% down | $3,322.71/mo |
| 20% down | $3,127.26/mo |
| 25% down | $2,931.80/mo |
| 30% down | $2,736.35/mo |
| 35% down | $2,540.90/mo |
| 40% down | $2,345.44/mo |
| 45% down | $2,149.99/mo |
| 50% down | $1,954.53/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.