Use the mortgage calculator to calculate the cost of buying a $729k 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 729,000 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 $729,000 house.
$729,000 Home at 2%
| 0% down | $2,694.53/mo |
| 5% down | $2,559.80/mo |
| 10% down | $2,425.07/mo |
| 15% down | $2,290.35/mo |
| 20% down | $2,155.62/mo |
| 25% down | $2,020.89/mo |
| 30% down | $1,886.17/mo |
| 35% down | $1,751.44/mo |
| 40% down | $1,616.72/mo |
| 45% down | $1,481.99/mo |
| 50% down | $1,347.26/mo |
$729,000 Home at 4%
| 0% down | $3,480.36/mo |
| 5% down | $3,306.34/mo |
| 10% down | $3,132.32/mo |
| 15% down | $2,958.30/mo |
| 20% down | $2,784.29/mo |
| 25% down | $2,610.27/mo |
| 30% down | $2,436.25/mo |
| 35% down | $2,262.23/mo |
| 40% down | $2,088.21/mo |
| 45% down | $1,914.20/mo |
| 50% down | $1,740.18/mo |
$729,000 Home at 6%
| 0% down | $4,370.72/mo |
| 5% down | $4,152.19/mo |
| 10% down | $3,933.65/mo |
| 15% down | $3,715.11/mo |
| 20% down | $3,496.58/mo |
| 25% down | $3,278.04/mo |
| 30% down | $3,059.51/mo |
| 35% down | $2,840.97/mo |
| 40% down | $2,622.43/mo |
| 45% down | $2,403.90/mo |
| 50% down | $2,185.36/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.