Use the mortgage calculator to calculate the cost of buying a $772k 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 772,000 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 $772,000 house.
2% interest
| 0% down | $2,853.46/mo |
| 5% down | $2,710.79/mo |
| 10% down | $2,568.12/mo |
| 15% down | $2,425.44/mo |
| 20% down | $2,282.77/mo |
| 25% down | $2,140.10/mo |
| 30% down | $1,997.42/mo |
| 35% down | $1,854.75/mo |
| 40% down | $1,712.08/mo |
| 45% down | $1,569.40/mo |
| 50% down | $1,426.73/mo |
4% interest
| 0% down | $3,685.65/mo |
| 5% down | $3,501.36/mo |
| 10% down | $3,317.08/mo |
| 15% down | $3,132.80/mo |
| 20% down | $2,948.52/mo |
| 25% down | $2,764.23/mo |
| 30% down | $2,579.95/mo |
| 35% down | $2,395.67/mo |
| 40% down | $2,211.39/mo |
| 45% down | $2,027.11/mo |
| 50% down | $1,842.82/mo |
6% interest
| 0% down | $4,628.53/mo |
| 5% down | $4,397.10/mo |
| 10% down | $4,165.68/mo |
| 15% down | $3,934.25/mo |
| 20% down | $3,702.82/mo |
| 25% down | $3,471.40/mo |
| 30% down | $3,239.97/mo |
| 35% down | $3,008.54/mo |
| 40% down | $2,777.12/mo |
| 45% down | $2,545.69/mo |
| 50% down | $2,314.27/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.