Use the mortgage calculator to calculate the cost of buying a $679k 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 679,000 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 $679,000 house.
$679,000 Home at 2%
| 0% down | $2,509.72/mo |
| 5% down | $2,384.23/mo |
| 10% down | $2,258.74/mo |
| 15% down | $2,133.26/mo |
| 20% down | $2,007.77/mo |
| 25% down | $1,882.29/mo |
| 30% down | $1,756.80/mo |
| 35% down | $1,631.32/mo |
| 40% down | $1,505.83/mo |
| 45% down | $1,380.34/mo |
| 50% down | $1,254.86/mo |
$679,000 Home at 4%
| 0% down | $3,241.65/mo |
| 5% down | $3,079.57/mo |
| 10% down | $2,917.48/mo |
| 15% down | $2,755.40/mo |
| 20% down | $2,593.32/mo |
| 25% down | $2,431.24/mo |
| 30% down | $2,269.15/mo |
| 35% down | $2,107.07/mo |
| 40% down | $1,944.99/mo |
| 45% down | $1,782.91/mo |
| 50% down | $1,620.82/mo |
$679,000 Home at 6%
| 0% down | $4,070.95/mo |
| 5% down | $3,867.40/mo |
| 10% down | $3,663.85/mo |
| 15% down | $3,460.31/mo |
| 20% down | $3,256.76/mo |
| 25% down | $3,053.21/mo |
| 30% down | $2,849.66/mo |
| 35% down | $2,646.12/mo |
| 40% down | $2,442.57/mo |
| 45% down | $2,239.02/mo |
| 50% down | $2,035.47/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.