$741,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $741k 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 741,000 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 $741,000 house.
2% interest
0% down$2,738.88/mo
5% down$2,601.94/mo
10% down$2,464.99/mo
15% down$2,328.05/mo
20% down$2,191.10/mo
25% down$2,054.16/mo
30% down$1,917.22/mo
35% down$1,780.27/mo
40% down$1,643.33/mo
45% down$1,506.38/mo
50% down$1,369.44/mo
4% interest
0% down$3,537.65/mo
5% down$3,360.76/mo
10% down$3,183.88/mo
15% down$3,007.00/mo
20% down$2,830.12/mo
25% down$2,653.24/mo
30% down$2,476.35/mo
35% down$2,299.47/mo
40% down$2,122.59/mo
45% down$1,945.71/mo
50% down$1,768.82/mo
6% interest
0% down$4,442.67/mo
5% down$4,220.54/mo
10% down$3,998.40/mo
15% down$3,776.27/mo
20% down$3,554.14/mo
25% down$3,332.00/mo
30% down$3,109.87/mo
35% down$2,887.74/mo
40% down$2,665.60/mo
45% down$2,443.47/mo
50% down$2,221.33/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 741,000 house with a 20% down payment?
($592,800 loan. 30 year mortgage)
0.25%$1,709.36
0.50%$1,773.60
0.75%$1,839.37
1.00%$1,906.68
1.25%$1,975.52
1.50%$2,045.87
1.75%$2,117.74
2.00%$2,191.10
2.25%$2,265.95
2.50%$2,342.28
2.75%$2,420.05
3.00%$2,499.27
3.25%$2,579.90
3.50%$2,661.94
3.75%$2,745.35
4.00%$2,830.12
4.25%$2,916.22
4.50%$3,003.63
4.75%$3,092.33
5.00%$3,182.28
5.25%$3,273.46
5.50%$3,365.85
5.75%$3,459.42
6.00%$3,554.14
6.25%$3,649.97
6.50%$3,746.90
6.75%$3,844.89
7.00%$3,943.91
7.25%$4,043.94
7.50%$4,144.94
7.75%$4,246.89
8.00%$4,349.76
8.25%$4,453.51
8.50%$4,558.12
8.75%$4,663.56
9.00%$4,769.80
9.25%$4,876.82
9.50%$4,984.58
9.75%$5,093.07
10.00%$5,202.24
10.25%$5,312.09
10.50%$5,422.57
10.75%$5,533.68
11.00%$5,645.37
11.25%$5,757.64
11.50%$5,870.45
11.75%$5,983.78
12.00%$6,097.62