$747,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $747k 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 747,000 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 $747,000 house.
2% interest
0% down$2,761.06/mo
5% down$2,623.00/mo
10% down$2,484.95/mo
15% down$2,346.90/mo
20% down$2,208.85/mo
25% down$2,070.79/mo
30% down$1,932.74/mo
35% down$1,794.69/mo
40% down$1,656.63/mo
45% down$1,518.58/mo
50% down$1,380.53/mo
4% interest
0% down$3,566.29/mo
5% down$3,387.98/mo
10% down$3,209.66/mo
15% down$3,031.35/mo
20% down$2,853.03/mo
25% down$2,674.72/mo
30% down$2,496.40/mo
35% down$2,318.09/mo
40% down$2,139.78/mo
45% down$1,961.46/mo
50% down$1,783.15/mo
6% interest
0% down$4,478.64/mo
5% down$4,254.71/mo
10% down$4,030.78/mo
15% down$3,806.85/mo
20% down$3,582.91/mo
25% down$3,358.98/mo
30% down$3,135.05/mo
35% down$2,911.12/mo
40% down$2,687.19/mo
45% down$2,463.25/mo
50% down$2,239.32/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 747,000 house with a 20% down payment?
($597,600 loan. 30 year mortgage)
0.25%$1,723.20
0.50%$1,787.96
0.75%$1,854.26
1.00%$1,922.12
1.25%$1,991.51
1.50%$2,062.44
1.75%$2,134.89
2.00%$2,208.85
2.25%$2,284.30
2.50%$2,361.24
2.75%$2,439.65
3.00%$2,519.51
3.25%$2,600.79
3.50%$2,683.49
3.75%$2,767.58
4.00%$2,853.03
4.25%$2,939.83
4.50%$3,027.95
4.75%$3,117.36
5.00%$3,208.05
5.25%$3,299.97
5.50%$3,393.11
5.75%$3,487.43
6.00%$3,582.91
6.25%$3,679.53
6.50%$3,777.24
6.75%$3,876.02
7.00%$3,975.85
7.25%$4,076.69
7.50%$4,178.51
7.75%$4,281.28
8.00%$4,384.98
8.25%$4,489.57
8.50%$4,595.03
8.75%$4,701.32
9.00%$4,808.42
9.25%$4,916.31
9.50%$5,024.94
9.75%$5,134.31
10.00%$5,244.37
10.25%$5,355.10
10.50%$5,466.48
10.75%$5,578.48
11.00%$5,691.08
11.25%$5,804.26
11.50%$5,917.98
11.75%$6,032.23
12.00%$6,146.99