$785,000 Mortgage Loan Payments and Costs

$
$
%
years
%

Loan Summary


Use the mortgage calculator to calculate the cost of buying a $785k 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 785,000 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 $785,000 house.
2% interest
0% down$2,901.51/mo
5% down$2,756.44/mo
10% down$2,611.36/mo
15% down$2,466.29/mo
20% down$2,321.21/mo
25% down$2,176.13/mo
30% down$2,031.06/mo
35% down$1,885.98/mo
40% down$1,740.91/mo
45% down$1,595.83/mo
50% down$1,450.76/mo
4% interest
0% down$3,747.71/mo
5% down$3,560.32/mo
10% down$3,372.94/mo
15% down$3,185.55/mo
20% down$2,998.17/mo
25% down$2,810.78/mo
30% down$2,623.40/mo
35% down$2,436.01/mo
40% down$2,248.63/mo
45% down$2,061.24/mo
50% down$1,873.86/mo
6% interest
0% down$4,706.47/mo
5% down$4,471.15/mo
10% down$4,235.82/mo
15% down$4,000.50/mo
20% down$3,765.18/mo
25% down$3,529.85/mo
30% down$3,294.53/mo
35% down$3,059.21/mo
40% down$2,823.88/mo
45% down$2,588.56/mo
50% down$2,353.24/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 785,000 house with a 20% down payment?
($628,000 loan. 30 year mortgage)
0.25%$1,810.86
0.50%$1,878.91
0.75%$1,948.59
1.00%$2,019.90
1.25%$2,092.82
1.50%$2,167.35
1.75%$2,243.49
2.00%$2,321.21
2.25%$2,400.51
2.50%$2,481.36
2.75%$2,563.75
3.00%$2,647.67
3.25%$2,733.10
3.50%$2,820.00
3.75%$2,908.37
4.00%$2,998.17
4.25%$3,089.38
4.50%$3,181.98
4.75%$3,275.95
5.00%$3,371.24
5.25%$3,467.84
5.50%$3,565.71
5.75%$3,664.84
6.00%$3,765.18
6.25%$3,866.70
6.50%$3,969.39
6.75%$4,073.20
7.00%$4,178.10
7.25%$4,284.07
7.50%$4,391.07
7.75%$4,499.07
8.00%$4,608.04
8.25%$4,717.95
8.50%$4,828.78
8.75%$4,940.48
9.00%$5,053.03
9.25%$5,166.40
9.50%$5,280.56
9.75%$5,395.49
10.00%$5,511.15
10.25%$5,627.52
10.50%$5,744.56
10.75%$5,862.26
11.00%$5,980.59
11.25%$6,099.52
11.50%$6,219.03
11.75%$6,339.09
12.00%$6,459.69