$789,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $789k 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 789,000 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 $789,000 house.
2% interest
0% down$2,916.30/mo
5% down$2,770.48/mo
10% down$2,624.67/mo
15% down$2,478.85/mo
20% down$2,333.04/mo
25% down$2,187.22/mo
30% down$2,041.41/mo
35% down$1,895.59/mo
40% down$1,749.78/mo
45% down$1,603.96/mo
50% down$1,458.15/mo
4% interest
0% down$3,766.81/mo
5% down$3,578.47/mo
10% down$3,390.13/mo
15% down$3,201.79/mo
20% down$3,013.45/mo
25% down$2,825.11/mo
30% down$2,636.76/mo
35% down$2,448.42/mo
40% down$2,260.08/mo
45% down$2,071.74/mo
50% down$1,883.40/mo
6% interest
0% down$4,730.45/mo
5% down$4,493.93/mo
10% down$4,257.41/mo
15% down$4,020.89/mo
20% down$3,784.36/mo
25% down$3,547.84/mo
30% down$3,311.32/mo
35% down$3,074.79/mo
40% down$2,838.27/mo
45% down$2,601.75/mo
50% down$2,365.23/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 789,000 house with a 20% down payment?
($631,200 loan. 30 year mortgage)
0.25%$1,820.09
0.50%$1,888.48
0.75%$1,958.52
1.00%$2,030.19
1.25%$2,103.48
1.50%$2,178.40
1.75%$2,254.92
2.00%$2,333.04
2.25%$2,412.74
2.50%$2,494.00
2.75%$2,576.82
3.00%$2,661.16
3.25%$2,747.02
3.50%$2,834.37
3.75%$2,923.19
4.00%$3,013.45
4.25%$3,105.12
4.50%$3,198.20
4.75%$3,292.64
5.00%$3,388.42
5.25%$3,485.51
5.50%$3,583.88
5.75%$3,683.51
6.00%$3,784.36
6.25%$3,886.41
6.50%$3,989.61
6.75%$4,093.95
7.00%$4,199.39
7.25%$4,305.90
7.50%$4,413.44
7.75%$4,521.99
8.00%$4,631.52
8.25%$4,741.99
8.50%$4,853.38
8.75%$4,965.65
9.00%$5,078.78
9.25%$5,192.73
9.50%$5,307.47
9.75%$5,422.98
10.00%$5,539.23
10.25%$5,656.19
10.50%$5,773.83
10.75%$5,892.13
11.00%$6,011.07
11.25%$6,130.60
11.50%$6,250.72
11.75%$6,371.39
12.00%$6,492.60