Use the mortgage calculator to calculate the cost of buying a $820k 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 820,000 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 $820,000 house.
$820,000 Home at 2%
| 0% down | $3,030.88/mo |
| 5% down | $2,879.34/mo |
| 10% down | $2,727.79/mo |
| 15% down | $2,576.25/mo |
| 20% down | $2,424.70/mo |
| 25% down | $2,273.16/mo |
| 30% down | $2,121.62/mo |
| 35% down | $1,970.07/mo |
| 40% down | $1,818.53/mo |
| 45% down | $1,666.98/mo |
| 50% down | $1,515.44/mo |
$820,000 Home at 4%
| 0% down | $3,914.81/mo |
| 5% down | $3,719.07/mo |
| 10% down | $3,523.32/mo |
| 15% down | $3,327.58/mo |
| 20% down | $3,131.84/mo |
| 25% down | $2,936.10/mo |
| 30% down | $2,740.36/mo |
| 35% down | $2,544.62/mo |
| 40% down | $2,348.88/mo |
| 45% down | $2,153.14/mo |
| 50% down | $1,957.40/mo |
$820,000 Home at 6%
| 0% down | $4,916.31/mo |
| 5% down | $4,670.50/mo |
| 10% down | $4,424.68/mo |
| 15% down | $4,178.87/mo |
| 20% down | $3,933.05/mo |
| 25% down | $3,687.24/mo |
| 30% down | $3,441.42/mo |
| 35% down | $3,195.60/mo |
| 40% down | $2,949.79/mo |
| 45% down | $2,703.97/mo |
| 50% down | $2,458.16/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.