Use the mortgage calculator to calculate the cost of buying a $732k 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 732,000 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 $732,000 house.
2% interest
| 0% down | $2,705.61/mo |
| 5% down | $2,570.33/mo |
| 10% down | $2,435.05/mo |
| 15% down | $2,299.77/mo |
| 20% down | $2,164.49/mo |
| 25% down | $2,029.21/mo |
| 30% down | $1,893.93/mo |
| 35% down | $1,758.65/mo |
| 40% down | $1,623.37/mo |
| 45% down | $1,488.09/mo |
| 50% down | $1,352.81/mo |
4% interest
| 0% down | $3,494.68/mo |
| 5% down | $3,319.95/mo |
| 10% down | $3,145.21/mo |
| 15% down | $2,970.48/mo |
| 20% down | $2,795.74/mo |
| 25% down | $2,621.01/mo |
| 30% down | $2,446.28/mo |
| 35% down | $2,271.54/mo |
| 40% down | $2,096.81/mo |
| 45% down | $1,922.07/mo |
| 50% down | $1,747.34/mo |
6% interest
| 0% down | $4,388.71/mo |
| 5% down | $4,169.27/mo |
| 10% down | $3,949.84/mo |
| 15% down | $3,730.40/mo |
| 20% down | $3,510.97/mo |
| 25% down | $3,291.53/mo |
| 30% down | $3,072.10/mo |
| 35% down | $2,852.66/mo |
| 40% down | $2,633.23/mo |
| 45% down | $2,413.79/mo |
| 50% down | $2,194.35/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
