Use the mortgage calculator to calculate the cost of buying a $659k 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 659,000 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 $659,000 house.
$659,000 Home at 2%
| 0% down | $2,435.79/mo |
| 5% down | $2,314.00/mo |
| 10% down | $2,192.21/mo |
| 15% down | $2,070.42/mo |
| 20% down | $1,948.63/mo |
| 25% down | $1,826.84/mo |
| 30% down | $1,705.05/mo |
| 35% down | $1,583.27/mo |
| 40% down | $1,461.48/mo |
| 45% down | $1,339.69/mo |
| 50% down | $1,217.90/mo |
$659,000 Home at 4%
| 0% down | $3,146.17/mo |
| 5% down | $2,988.86/mo |
| 10% down | $2,831.55/mo |
| 15% down | $2,674.24/mo |
| 20% down | $2,516.93/mo |
| 25% down | $2,359.63/mo |
| 30% down | $2,202.32/mo |
| 35% down | $2,045.01/mo |
| 40% down | $1,887.70/mo |
| 45% down | $1,730.39/mo |
| 50% down | $1,573.08/mo |
$659,000 Home at 6%
| 0% down | $3,951.04/mo |
| 5% down | $3,753.49/mo |
| 10% down | $3,555.93/mo |
| 15% down | $3,358.38/mo |
| 20% down | $3,160.83/mo |
| 25% down | $2,963.28/mo |
| 30% down | $2,765.73/mo |
| 35% down | $2,568.17/mo |
| 40% down | $2,370.62/mo |
| 45% down | $2,173.07/mo |
| 50% down | $1,975.52/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.