Use the mortgage calculator to calculate the cost of buying a $794k 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 794,000 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 $794,000 house.
$794,000 Home at 2%
0% down | $2,934.78/mo |
5% down | $2,788.04/mo |
10% down | $2,641.30/mo |
15% down | $2,494.56/mo |
20% down | $2,347.82/mo |
25% down | $2,201.08/mo |
30% down | $2,054.35/mo |
35% down | $1,907.61/mo |
40% down | $1,760.87/mo |
45% down | $1,614.13/mo |
50% down | $1,467.39/mo |
$794,000 Home at 4%
0% down | $3,790.68/mo |
5% down | $3,601.14/mo |
10% down | $3,411.61/mo |
15% down | $3,222.08/mo |
20% down | $3,032.54/mo |
25% down | $2,843.01/mo |
30% down | $2,653.47/mo |
35% down | $2,463.94/mo |
40% down | $2,274.41/mo |
45% down | $2,084.87/mo |
50% down | $1,895.34/mo |
$794,000 Home at 6%
0% down | $4,760.43/mo |
5% down | $4,522.41/mo |
10% down | $4,284.39/mo |
15% down | $4,046.37/mo |
20% down | $3,808.34/mo |
25% down | $3,570.32/mo |
30% down | $3,332.30/mo |
35% down | $3,094.28/mo |
40% down | $2,856.26/mo |
45% down | $2,618.24/mo |
50% down | $2,380.22/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.