$797,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $797k 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 797,000 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 $797,000 house.
2% interest
0% down$2,945.87/mo
5% down$2,798.57/mo
10% down$2,651.28/mo
15% down$2,503.99/mo
20% down$2,356.69/mo
25% down$2,209.40/mo
30% down$2,062.11/mo
35% down$1,914.81/mo
40% down$1,767.52/mo
45% down$1,620.23/mo
50% down$1,472.93/mo
4% interest
0% down$3,805.00/mo
5% down$3,614.75/mo
10% down$3,424.50/mo
15% down$3,234.25/mo
20% down$3,044.00/mo
25% down$2,853.75/mo
30% down$2,663.50/mo
35% down$2,473.25/mo
40% down$2,283.00/mo
45% down$2,092.75/mo
50% down$1,902.50/mo
6% interest
0% down$4,778.42/mo
5% down$4,539.50/mo
10% down$4,300.58/mo
15% down$4,061.66/mo
20% down$3,822.73/mo
25% down$3,583.81/mo
30% down$3,344.89/mo
35% down$3,105.97/mo
40% down$2,867.05/mo
45% down$2,628.13/mo
50% down$2,389.21/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 797,000 house with a 20% down payment?
($637,600 loan. 30 year mortgage)
0.25%$1,838.54
0.50%$1,907.63
0.75%$1,978.38
1.00%$2,050.77
1.25%$2,124.81
1.50%$2,200.49
1.75%$2,277.78
2.00%$2,356.69
2.25%$2,437.20
2.50%$2,519.29
2.75%$2,602.95
3.00%$2,688.15
3.25%$2,774.88
3.50%$2,863.11
3.75%$2,952.83
4.00%$3,044.00
4.25%$3,136.61
4.50%$3,230.63
4.75%$3,326.02
5.00%$3,422.77
5.25%$3,520.85
5.50%$3,620.22
5.75%$3,720.86
6.00%$3,822.73
6.25%$3,925.81
6.50%$4,030.07
6.75%$4,135.46
7.00%$4,241.97
7.25%$4,349.56
7.50%$4,458.19
7.75%$4,567.84
8.00%$4,678.48
8.25%$4,790.08
8.50%$4,902.59
8.75%$5,016.00
9.00%$5,130.27
9.25%$5,245.38
9.50%$5,361.29
9.75%$5,477.97
10.00%$5,595.40
10.25%$5,713.54
10.50%$5,832.38
10.75%$5,951.88
11.00%$6,072.01
11.25%$6,192.76
11.50%$6,314.10
11.75%$6,436.00
12.00%$6,558.43