Use the mortgage calculator to calculate the cost of buying a $734k 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 734,000 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 $734,000 house.
$734,000 Home at 2%
| 0% down | $2,713.01/mo |
| 5% down | $2,577.36/mo |
| 10% down | $2,441.71/mo |
| 15% down | $2,306.06/mo |
| 20% down | $2,170.41/mo |
| 25% down | $2,034.76/mo |
| 30% down | $1,899.10/mo |
| 35% down | $1,763.45/mo |
| 40% down | $1,627.80/mo |
| 45% down | $1,492.15/mo |
| 50% down | $1,356.50/mo |
$734,000 Home at 4%
| 0% down | $3,504.23/mo |
| 5% down | $3,329.02/mo |
| 10% down | $3,153.81/mo |
| 15% down | $2,978.59/mo |
| 20% down | $2,803.38/mo |
| 25% down | $2,628.17/mo |
| 30% down | $2,452.96/mo |
| 35% down | $2,277.75/mo |
| 40% down | $2,102.54/mo |
| 45% down | $1,927.33/mo |
| 50% down | $1,752.11/mo |
$734,000 Home at 6%
| 0% down | $4,400.70/mo |
| 5% down | $4,180.67/mo |
| 10% down | $3,960.63/mo |
| 15% down | $3,740.60/mo |
| 20% down | $3,520.56/mo |
| 25% down | $3,300.53/mo |
| 30% down | $3,080.49/mo |
| 35% down | $2,860.46/mo |
| 40% down | $2,640.42/mo |
| 45% down | $2,420.39/mo |
| 50% down | $2,200.35/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.