$710,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $710k 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 710,000 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 $710,000 house.
2% interest
0% down$2,624.30/mo
5% down$2,493.08/mo
10% down$2,361.87/mo
15% down$2,230.65/mo
20% down$2,099.44/mo
25% down$1,968.22/mo
30% down$1,837.01/mo
35% down$1,705.79/mo
40% down$1,574.58/mo
45% down$1,443.36/mo
50% down$1,312.15/mo
4% interest
0% down$3,389.65/mo
5% down$3,220.17/mo
10% down$3,050.68/mo
15% down$2,881.20/mo
20% down$2,711.72/mo
25% down$2,542.24/mo
30% down$2,372.75/mo
35% down$2,203.27/mo
40% down$2,033.79/mo
45% down$1,864.31/mo
50% down$1,694.82/mo
6% interest
0% down$4,256.81/mo
5% down$4,043.97/mo
10% down$3,831.13/mo
15% down$3,618.29/mo
20% down$3,405.45/mo
25% down$3,192.61/mo
30% down$2,979.77/mo
35% down$2,766.93/mo
40% down$2,554.09/mo
45% down$2,341.24/mo
50% down$2,128.40/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 710,000 house with a 20% down payment?
($568,000 loan. 30 year mortgage)
0.25%$1,637.85
0.50%$1,699.40
0.75%$1,762.42
1.00%$1,826.91
1.25%$1,892.87
1.50%$1,960.28
1.75%$2,029.14
2.00%$2,099.44
2.25%$2,171.16
2.50%$2,244.29
2.75%$2,318.81
3.00%$2,394.71
3.25%$2,471.97
3.50%$2,550.57
3.75%$2,630.50
4.00%$2,711.72
4.25%$2,794.22
4.50%$2,877.97
4.75%$2,962.96
5.00%$3,049.15
5.25%$3,136.52
5.50%$3,225.04
5.75%$3,314.69
6.00%$3,405.45
6.25%$3,497.27
6.50%$3,590.15
6.75%$3,684.04
7.00%$3,778.92
7.25%$3,874.76
7.50%$3,971.54
7.75%$4,069.22
8.00%$4,167.78
8.25%$4,267.19
8.50%$4,367.43
8.75%$4,468.46
9.00%$4,570.26
9.25%$4,672.80
9.50%$4,776.05
9.75%$4,880.00
10.00%$4,984.61
10.25%$5,089.86
10.50%$5,195.72
10.75%$5,302.17
11.00%$5,409.20
11.25%$5,516.76
11.50%$5,624.86
11.75%$5,733.45
12.00%$5,842.52