Use the mortgage calculator to calculate the cost of buying a $773k 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 773,000 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 $773,000 house.
2% interest
| 0% down | $2,857.16/mo |
| 5% down | $2,714.30/mo |
| 10% down | $2,571.44/mo |
| 15% down | $2,428.58/mo |
| 20% down | $2,285.73/mo |
| 25% down | $2,142.87/mo |
| 30% down | $2,000.01/mo |
| 35% down | $1,857.15/mo |
| 40% down | $1,714.30/mo |
| 45% down | $1,571.44/mo |
| 50% down | $1,428.58/mo |
4% interest
| 0% down | $3,690.42/mo |
| 5% down | $3,505.90/mo |
| 10% down | $3,321.38/mo |
| 15% down | $3,136.86/mo |
| 20% down | $2,952.34/mo |
| 25% down | $2,767.82/mo |
| 30% down | $2,583.29/mo |
| 35% down | $2,398.77/mo |
| 40% down | $2,214.25/mo |
| 45% down | $2,029.73/mo |
| 50% down | $1,845.21/mo |
6% interest
| 0% down | $4,634.53/mo |
| 5% down | $4,402.80/mo |
| 10% down | $4,171.07/mo |
| 15% down | $3,939.35/mo |
| 20% down | $3,707.62/mo |
| 25% down | $3,475.89/mo |
| 30% down | $3,244.17/mo |
| 35% down | $3,012.44/mo |
| 40% down | $2,780.72/mo |
| 45% down | $2,548.99/mo |
| 50% down | $2,317.26/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.