Use the mortgage calculator to calculate the cost of buying a $744k 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 744,000 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 $744,000 house.
$744,000 Home at 2%
| 0% down | $2,749.97/mo |
| 5% down | $2,612.47/mo |
| 10% down | $2,474.97/mo |
| 15% down | $2,337.47/mo |
| 20% down | $2,199.98/mo |
| 25% down | $2,062.48/mo |
| 30% down | $1,924.98/mo |
| 35% down | $1,787.48/mo |
| 40% down | $1,649.98/mo |
| 45% down | $1,512.48/mo |
| 50% down | $1,374.98/mo |
$744,000 Home at 4%
| 0% down | $3,551.97/mo |
| 5% down | $3,374.37/mo |
| 10% down | $3,196.77/mo |
| 15% down | $3,019.17/mo |
| 20% down | $2,841.58/mo |
| 25% down | $2,663.98/mo |
| 30% down | $2,486.38/mo |
| 35% down | $2,308.78/mo |
| 40% down | $2,131.18/mo |
| 45% down | $1,953.58/mo |
| 50% down | $1,775.98/mo |
$744,000 Home at 6%
| 0% down | $4,460.66/mo |
| 5% down | $4,237.62/mo |
| 10% down | $4,014.59/mo |
| 15% down | $3,791.56/mo |
| 20% down | $3,568.52/mo |
| 25% down | $3,345.49/mo |
| 30% down | $3,122.46/mo |
| 35% down | $2,899.43/mo |
| 40% down | $2,676.39/mo |
| 45% down | $2,453.36/mo |
| 50% down | $2,230.33/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.