Use the mortgage calculator to calculate the cost of buying a $750k 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 750,000 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 $750,000 house.
$750,000 Home at 2%
| 0% down | $2,772.15/mo |
| 5% down | $2,633.54/mo |
| 10% down | $2,494.93/mo |
| 15% down | $2,356.32/mo |
| 20% down | $2,217.72/mo |
| 25% down | $2,079.11/mo |
| 30% down | $1,940.50/mo |
| 35% down | $1,801.89/mo |
| 40% down | $1,663.29/mo |
| 45% down | $1,524.68/mo |
| 50% down | $1,386.07/mo |
$750,000 Home at 4%
| 0% down | $3,580.61/mo |
| 5% down | $3,401.58/mo |
| 10% down | $3,222.55/mo |
| 15% down | $3,043.52/mo |
| 20% down | $2,864.49/mo |
| 25% down | $2,685.46/mo |
| 30% down | $2,506.43/mo |
| 35% down | $2,327.40/mo |
| 40% down | $2,148.37/mo |
| 45% down | $1,969.34/mo |
| 50% down | $1,790.31/mo |
$750,000 Home at 6%
| 0% down | $4,496.63/mo |
| 5% down | $4,271.80/mo |
| 10% down | $4,046.97/mo |
| 15% down | $3,822.13/mo |
| 20% down | $3,597.30/mo |
| 25% down | $3,372.47/mo |
| 30% down | $3,147.64/mo |
| 35% down | $2,922.81/mo |
| 40% down | $2,697.98/mo |
| 45% down | $2,473.15/mo |
| 50% down | $2,248.31/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.