$788,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $788k 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 788,000 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 $788,000 house.
2% interest
0% down$2,912.60/mo
5% down$2,766.97/mo
10% down$2,621.34/mo
15% down$2,475.71/mo
20% down$2,330.08/mo
25% down$2,184.45/mo
30% down$2,038.82/mo
35% down$1,893.19/mo
40% down$1,747.56/mo
45% down$1,601.93/mo
50% down$1,456.30/mo
4% interest
0% down$3,762.03/mo
5% down$3,573.93/mo
10% down$3,385.83/mo
15% down$3,197.73/mo
20% down$3,009.63/mo
25% down$2,821.52/mo
30% down$2,633.42/mo
35% down$2,445.32/mo
40% down$2,257.22/mo
45% down$2,069.12/mo
50% down$1,881.02/mo
6% interest
0% down$4,724.46/mo
5% down$4,488.24/mo
10% down$4,252.01/mo
15% down$4,015.79/mo
20% down$3,779.57/mo
25% down$3,543.34/mo
30% down$3,307.12/mo
35% down$3,070.90/mo
40% down$2,834.67/mo
45% down$2,598.45/mo
50% down$2,362.23/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 788,000 house with a 20% down payment?
($630,400 loan. 30 year mortgage)
0.25%$1,817.78
0.50%$1,886.09
0.75%$1,956.04
1.00%$2,027.62
1.25%$2,100.82
1.50%$2,175.64
1.75%$2,252.06
2.00%$2,330.08
2.25%$2,409.68
2.50%$2,490.84
2.75%$2,573.55
3.00%$2,657.79
3.25%$2,743.54
3.50%$2,830.78
3.75%$2,919.48
4.00%$3,009.63
4.25%$3,101.19
4.50%$3,194.14
4.75%$3,288.46
5.00%$3,384.12
5.25%$3,481.09
5.50%$3,579.34
5.75%$3,678.84
6.00%$3,779.57
6.25%$3,881.48
6.50%$3,984.56
6.75%$4,088.76
7.00%$4,194.07
7.25%$4,300.44
7.50%$4,407.85
7.75%$4,516.26
8.00%$4,625.65
8.25%$4,735.98
8.50%$4,847.23
8.75%$4,959.36
9.00%$5,072.34
9.25%$5,186.15
9.50%$5,300.74
9.75%$5,416.11
10.00%$5,532.21
10.25%$5,649.02
10.50%$5,766.52
10.75%$5,884.67
11.00%$6,003.45
11.25%$6,122.83
11.50%$6,242.80
11.75%$6,363.32
12.00%$6,484.37