Use the mortgage calculator to calculate the cost of buying a $815k 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 815,000 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 $815,000 house.
$815,000 Home at 2%
| 0% down | $3,012.40/mo |
| 5% down | $2,861.78/mo |
| 10% down | $2,711.16/mo |
| 15% down | $2,560.54/mo |
| 20% down | $2,409.92/mo |
| 25% down | $2,259.30/mo |
| 30% down | $2,108.68/mo |
| 35% down | $1,958.06/mo |
| 40% down | $1,807.44/mo |
| 45% down | $1,656.82/mo |
| 50% down | $1,506.20/mo |
$815,000 Home at 4%
| 0% down | $3,890.93/mo |
| 5% down | $3,696.39/mo |
| 10% down | $3,501.84/mo |
| 15% down | $3,307.29/mo |
| 20% down | $3,112.75/mo |
| 25% down | $2,918.20/mo |
| 30% down | $2,723.65/mo |
| 35% down | $2,529.11/mo |
| 40% down | $2,334.56/mo |
| 45% down | $2,140.01/mo |
| 50% down | $1,945.47/mo |
$815,000 Home at 6%
| 0% down | $4,886.34/mo |
| 5% down | $4,642.02/mo |
| 10% down | $4,397.70/mo |
| 15% down | $4,153.39/mo |
| 20% down | $3,909.07/mo |
| 25% down | $3,664.75/mo |
| 30% down | $3,420.44/mo |
| 35% down | $3,176.12/mo |
| 40% down | $2,931.80/mo |
| 45% down | $2,687.49/mo |
| 50% down | $2,443.17/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.