Use the mortgage calculator to calculate the cost of buying a $757k 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 757,000 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 $757,000 house.
2% interest
| 0% down | $2,798.02/mo |
| 5% down | $2,658.12/mo |
| 10% down | $2,518.22/mo |
| 15% down | $2,378.32/mo |
| 20% down | $2,238.42/mo |
| 25% down | $2,098.51/mo |
| 30% down | $1,958.61/mo |
| 35% down | $1,818.71/mo |
| 40% down | $1,678.81/mo |
| 45% down | $1,538.91/mo |
| 50% down | $1,399.01/mo |
4% interest
| 0% down | $3,614.03/mo |
| 5% down | $3,433.33/mo |
| 10% down | $3,252.63/mo |
| 15% down | $3,071.93/mo |
| 20% down | $2,891.23/mo |
| 25% down | $2,710.53/mo |
| 30% down | $2,529.82/mo |
| 35% down | $2,349.12/mo |
| 40% down | $2,168.42/mo |
| 45% down | $1,987.72/mo |
| 50% down | $1,807.02/mo |
6% interest
| 0% down | $4,538.60/mo |
| 5% down | $4,311.67/mo |
| 10% down | $4,084.74/mo |
| 15% down | $3,857.81/mo |
| 20% down | $3,630.88/mo |
| 25% down | $3,403.95/mo |
| 30% down | $3,177.02/mo |
| 35% down | $2,950.09/mo |
| 40% down | $2,723.16/mo |
| 45% down | $2,496.23/mo |
| 50% down | $2,269.30/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.