Use the mortgage calculator to calculate the cost of buying a $810k 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 810,000 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 $810,000 house.
2% interest
| 0% down | $2,993.92/mo |
| 5% down | $2,844.22/mo |
| 10% down | $2,694.53/mo |
| 15% down | $2,544.83/mo |
| 20% down | $2,395.13/mo |
| 25% down | $2,245.44/mo |
| 30% down | $2,095.74/mo |
| 35% down | $1,946.05/mo |
| 40% down | $1,796.35/mo |
| 45% down | $1,646.65/mo |
| 50% down | $1,496.96/mo |
4% interest
| 0% down | $3,867.06/mo |
| 5% down | $3,673.71/mo |
| 10% down | $3,480.36/mo |
| 15% down | $3,287.00/mo |
| 20% down | $3,093.65/mo |
| 25% down | $2,900.30/mo |
| 30% down | $2,706.94/mo |
| 35% down | $2,513.59/mo |
| 40% down | $2,320.24/mo |
| 45% down | $2,126.89/mo |
| 50% down | $1,933.53/mo |
6% interest
| 0% down | $4,856.36/mo |
| 5% down | $4,613.54/mo |
| 10% down | $4,370.72/mo |
| 15% down | $4,127.91/mo |
| 20% down | $3,885.09/mo |
| 25% down | $3,642.27/mo |
| 30% down | $3,399.45/mo |
| 35% down | $3,156.63/mo |
| 40% down | $2,913.82/mo |
| 45% down | $2,671.00/mo |
| 50% down | $2,428.18/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.