$800,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $800k 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 800,000 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 $800,000 house.
2% interest
0% down$2,956.96/mo
5% down$2,809.11/mo
10% down$2,661.26/mo
15% down$2,513.41/mo
20% down$2,365.56/mo
25% down$2,217.72/mo
30% down$2,069.87/mo
35% down$1,922.02/mo
40% down$1,774.17/mo
45% down$1,626.33/mo
50% down$1,478.48/mo
4% interest
0% down$3,819.32/mo
5% down$3,628.36/mo
10% down$3,437.39/mo
15% down$3,246.42/mo
20% down$3,055.46/mo
25% down$2,864.49/mo
30% down$2,673.53/mo
35% down$2,482.56/mo
40% down$2,291.59/mo
45% down$2,100.63/mo
50% down$1,909.66/mo
6% interest
0% down$4,796.40/mo
5% down$4,556.58/mo
10% down$4,316.76/mo
15% down$4,076.94/mo
20% down$3,837.12/mo
25% down$3,597.30/mo
30% down$3,357.48/mo
35% down$3,117.66/mo
40% down$2,877.84/mo
45% down$2,638.02/mo
50% down$2,398.20/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 800,000 house with a 20% down payment?
($640,000 loan. 30 year mortgage)
0.25%$1,845.46
0.50%$1,914.81
0.75%$1,985.82
1.00%$2,058.49
1.25%$2,132.81
1.50%$2,208.77
1.75%$2,286.36
2.00%$2,365.56
2.25%$2,446.38
2.50%$2,528.77
2.75%$2,612.74
3.00%$2,698.27
3.25%$2,785.32
3.50%$2,873.89
3.75%$2,963.94
4.00%$3,055.46
4.25%$3,148.42
4.50%$3,242.79
4.75%$3,338.54
5.00%$3,435.66
5.25%$3,534.10
5.50%$3,633.85
5.75%$3,734.87
6.00%$3,837.12
6.25%$3,940.59
6.50%$4,045.24
6.75%$4,151.03
7.00%$4,257.94
7.25%$4,365.93
7.50%$4,474.97
7.75%$4,585.04
8.00%$4,696.09
8.25%$4,808.11
8.50%$4,921.05
8.75%$5,034.88
9.00%$5,149.58
9.25%$5,265.12
9.50%$5,381.47
9.75%$5,498.59
10.00%$5,616.46
10.25%$5,735.05
10.50%$5,854.33
10.75%$5,974.28
11.00%$6,094.87
11.25%$6,216.07
11.50%$6,337.87
11.75%$6,460.22
12.00%$6,583.12