Use the mortgage calculator to calculate the cost of buying a $775k 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 775,000 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 $775,000 house.
$775,000 Home at 2%
| 0% down | $2,864.55/mo |
| 5% down | $2,721.32/mo |
| 10% down | $2,578.10/mo |
| 15% down | $2,434.87/mo |
| 20% down | $2,291.64/mo |
| 25% down | $2,148.41/mo |
| 30% down | $2,005.19/mo |
| 35% down | $1,861.96/mo |
| 40% down | $1,718.73/mo |
| 45% down | $1,575.50/mo |
| 50% down | $1,432.28/mo |
$775,000 Home at 4%
| 0% down | $3,699.97/mo |
| 5% down | $3,514.97/mo |
| 10% down | $3,329.97/mo |
| 15% down | $3,144.97/mo |
| 20% down | $2,959.97/mo |
| 25% down | $2,774.98/mo |
| 30% down | $2,589.98/mo |
| 35% down | $2,404.98/mo |
| 40% down | $2,219.98/mo |
| 45% down | $2,034.98/mo |
| 50% down | $1,849.98/mo |
$775,000 Home at 6%
| 0% down | $4,646.52/mo |
| 5% down | $4,414.19/mo |
| 10% down | $4,181.86/mo |
| 15% down | $3,949.54/mo |
| 20% down | $3,717.21/mo |
| 25% down | $3,484.89/mo |
| 30% down | $3,252.56/mo |
| 35% down | $3,020.24/mo |
| 40% down | $2,787.91/mo |
| 45% down | $2,555.58/mo |
| 50% down | $2,323.26/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.