Use the mortgage calculator to calculate the cost of buying a $771k 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 771,000 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 $771,000 house.
$771,000 Home at 2%
| 0% down | $2,849.77/mo |
| 5% down | $2,707.28/mo |
| 10% down | $2,564.79/mo |
| 15% down | $2,422.30/mo |
| 20% down | $2,279.81/mo |
| 25% down | $2,137.32/mo |
| 30% down | $1,994.84/mo |
| 35% down | $1,852.35/mo |
| 40% down | $1,709.86/mo |
| 45% down | $1,567.37/mo |
| 50% down | $1,424.88/mo |
$771,000 Home at 4%
| 0% down | $3,680.87/mo |
| 5% down | $3,496.83/mo |
| 10% down | $3,312.78/mo |
| 15% down | $3,128.74/mo |
| 20% down | $2,944.70/mo |
| 25% down | $2,760.65/mo |
| 30% down | $2,576.61/mo |
| 35% down | $2,392.57/mo |
| 40% down | $2,208.52/mo |
| 45% down | $2,024.48/mo |
| 50% down | $1,840.44/mo |
$771,000 Home at 6%
| 0% down | $4,622.53/mo |
| 5% down | $4,391.41/mo |
| 10% down | $4,160.28/mo |
| 15% down | $3,929.15/mo |
| 20% down | $3,698.03/mo |
| 25% down | $3,466.90/mo |
| 30% down | $3,235.77/mo |
| 35% down | $3,004.65/mo |
| 40% down | $2,773.52/mo |
| 45% down | $2,542.39/mo |
| 50% down | $2,311.27/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.