Use the mortgage calculator to calculate the cost of buying a $767k 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 767,000 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 $767,000 house.
2% interest
| 0% down | $2,834.98/mo |
| 5% down | $2,693.23/mo |
| 10% down | $2,551.48/mo |
| 15% down | $2,409.73/mo |
| 20% down | $2,267.99/mo |
| 25% down | $2,126.24/mo |
| 30% down | $1,984.49/mo |
| 35% down | $1,842.74/mo |
| 40% down | $1,700.99/mo |
| 45% down | $1,559.24/mo |
| 50% down | $1,417.49/mo |
4% interest
| 0% down | $3,661.78/mo |
| 5% down | $3,478.69/mo |
| 10% down | $3,295.60/mo |
| 15% down | $3,112.51/mo |
| 20% down | $2,929.42/mo |
| 25% down | $2,746.33/mo |
| 30% down | $2,563.24/mo |
| 35% down | $2,380.15/mo |
| 40% down | $2,197.07/mo |
| 45% down | $2,013.98/mo |
| 50% down | $1,830.89/mo |
6% interest
| 0% down | $4,598.55/mo |
| 5% down | $4,368.62/mo |
| 10% down | $4,138.70/mo |
| 15% down | $3,908.77/mo |
| 20% down | $3,678.84/mo |
| 25% down | $3,448.91/mo |
| 30% down | $3,218.99/mo |
| 35% down | $2,989.06/mo |
| 40% down | $2,759.13/mo |
| 45% down | $2,529.20/mo |
| 50% down | $2,299.28/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.