Use the mortgage calculator to calculate the cost of buying a $660k 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 660,000 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 $660,000 house.
$660,000 Home at 2%
| 0% down | $2,439.49/mo |
| 5% down | $2,317.51/mo |
| 10% down | $2,195.54/mo |
| 15% down | $2,073.57/mo |
| 20% down | $1,951.59/mo |
| 25% down | $1,829.62/mo |
| 30% down | $1,707.64/mo |
| 35% down | $1,585.67/mo |
| 40% down | $1,463.69/mo |
| 45% down | $1,341.72/mo |
| 50% down | $1,219.74/mo |
$660,000 Home at 4%
| 0% down | $3,150.94/mo |
| 5% down | $2,993.39/mo |
| 10% down | $2,835.85/mo |
| 15% down | $2,678.30/mo |
| 20% down | $2,520.75/mo |
| 25% down | $2,363.21/mo |
| 30% down | $2,205.66/mo |
| 35% down | $2,048.11/mo |
| 40% down | $1,890.56/mo |
| 45% down | $1,733.02/mo |
| 50% down | $1,575.47/mo |
$660,000 Home at 6%
| 0% down | $3,957.03/mo |
| 5% down | $3,759.18/mo |
| 10% down | $3,561.33/mo |
| 15% down | $3,363.48/mo |
| 20% down | $3,165.63/mo |
| 25% down | $2,967.78/mo |
| 30% down | $2,769.92/mo |
| 35% down | $2,572.07/mo |
| 40% down | $2,374.22/mo |
| 45% down | $2,176.37/mo |
| 50% down | $1,978.52/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.