Use the mortgage calculator to calculate the cost of buying a $784k 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 784,000 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 $784,000 house.
$784,000 Home at 2%
| 0% down | $2,897.82/mo |
| 5% down | $2,752.93/mo |
| 10% down | $2,608.03/mo |
| 15% down | $2,463.14/mo |
| 20% down | $2,318.25/mo |
| 25% down | $2,173.36/mo |
| 30% down | $2,028.47/mo |
| 35% down | $1,883.58/mo |
| 40% down | $1,738.69/mo |
| 45% down | $1,593.80/mo |
| 50% down | $1,448.91/mo |
$784,000 Home at 4%
| 0% down | $3,742.94/mo |
| 5% down | $3,555.79/mo |
| 10% down | $3,368.64/mo |
| 15% down | $3,181.50/mo |
| 20% down | $2,994.35/mo |
| 25% down | $2,807.20/mo |
| 30% down | $2,620.06/mo |
| 35% down | $2,432.91/mo |
| 40% down | $2,245.76/mo |
| 45% down | $2,058.61/mo |
| 50% down | $1,871.47/mo |
$784,000 Home at 6%
| 0% down | $4,700.48/mo |
| 5% down | $4,465.45/mo |
| 10% down | $4,230.43/mo |
| 15% down | $3,995.40/mo |
| 20% down | $3,760.38/mo |
| 25% down | $3,525.36/mo |
| 30% down | $3,290.33/mo |
| 35% down | $3,055.31/mo |
| 40% down | $2,820.29/mo |
| 45% down | $2,585.26/mo |
| 50% down | $2,350.24/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.