Use the mortgage calculator to calculate the cost of buying a $780k 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 780,000 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 $780,000 house.
$780,000 Home at 2%
0% down | $2,883.03/mo |
5% down | $2,738.88/mo |
10% down | $2,594.73/mo |
15% down | $2,450.58/mo |
20% down | $2,306.43/mo |
25% down | $2,162.27/mo |
30% down | $2,018.12/mo |
35% down | $1,873.97/mo |
40% down | $1,729.82/mo |
45% down | $1,585.67/mo |
50% down | $1,441.52/mo |
$780,000 Home at 4%
0% down | $3,723.84/mo |
5% down | $3,537.65/mo |
10% down | $3,351.46/mo |
15% down | $3,165.26/mo |
20% down | $2,979.07/mo |
25% down | $2,792.88/mo |
30% down | $2,606.69/mo |
35% down | $2,420.50/mo |
40% down | $2,234.30/mo |
45% down | $2,048.11/mo |
50% down | $1,861.92/mo |
$780,000 Home at 6%
0% down | $4,676.49/mo |
5% down | $4,442.67/mo |
10% down | $4,208.84/mo |
15% down | $3,975.02/mo |
20% down | $3,741.20/mo |
25% down | $3,507.37/mo |
30% down | $3,273.55/mo |
35% down | $3,039.72/mo |
40% down | $2,805.90/mo |
45% down | $2,572.07/mo |
50% down | $2,338.25/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.