$709,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $709k 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 709,000 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 $709,000 house.
2% interest
0% down$2,620.60/mo
5% down$2,489.57/mo
10% down$2,358.54/mo
15% down$2,227.51/mo
20% down$2,096.48/mo
25% down$1,965.45/mo
30% down$1,834.42/mo
35% down$1,703.39/mo
40% down$1,572.36/mo
45% down$1,441.33/mo
50% down$1,310.30/mo
4% interest
0% down$3,384.87/mo
5% down$3,215.63/mo
10% down$3,046.39/mo
15% down$2,877.14/mo
20% down$2,707.90/mo
25% down$2,538.66/mo
30% down$2,369.41/mo
35% down$2,200.17/mo
40% down$2,030.92/mo
45% down$1,861.68/mo
50% down$1,692.44/mo
6% interest
0% down$4,250.81/mo
5% down$4,038.27/mo
10% down$3,825.73/mo
15% down$3,613.19/mo
20% down$3,400.65/mo
25% down$3,188.11/mo
30% down$2,975.57/mo
35% down$2,763.03/mo
40% down$2,550.49/mo
45% down$2,337.95/mo
50% down$2,125.41/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 709,000 house with a 20% down payment?
($567,200 loan. 30 year mortgage)
0.25%$1,635.54
0.50%$1,697.00
0.75%$1,759.94
1.00%$1,824.34
1.25%$1,890.20
1.50%$1,957.52
1.75%$2,026.28
2.00%$2,096.48
2.25%$2,168.10
2.50%$2,241.13
2.75%$2,315.54
3.00%$2,391.34
3.25%$2,468.49
3.50%$2,546.98
3.75%$2,626.79
4.00%$2,707.90
4.25%$2,790.28
4.50%$2,873.92
4.75%$2,958.78
5.00%$3,044.85
5.25%$3,132.10
5.50%$3,220.50
5.75%$3,310.03
6.00%$3,400.65
6.25%$3,492.35
6.50%$3,585.09
6.75%$3,678.85
7.00%$3,773.60
7.25%$3,869.30
7.50%$3,965.94
7.75%$4,063.49
8.00%$4,161.91
8.25%$4,261.18
8.50%$4,361.28
8.75%$4,462.16
9.00%$4,563.82
9.25%$4,666.22
9.50%$4,769.33
9.75%$4,873.12
10.00%$4,977.59
10.25%$5,082.69
10.50%$5,188.40
10.75%$5,294.71
11.00%$5,401.58
11.25%$5,508.99
11.50%$5,616.93
11.75%$5,725.37
12.00%$5,834.29