Use the mortgage calculator to calculate the cost of buying a $822k 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 822,000 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 $822,000 house.
2% interest
0% down | $3,038.27/mo |
5% down | $2,886.36/mo |
10% down | $2,734.44/mo |
15% down | $2,582.53/mo |
20% down | $2,430.62/mo |
25% down | $2,278.70/mo |
30% down | $2,126.79/mo |
35% down | $1,974.88/mo |
40% down | $1,822.96/mo |
45% down | $1,671.05/mo |
50% down | $1,519.14/mo |
4% interest
0% down | $3,924.35/mo |
5% down | $3,728.14/mo |
10% down | $3,531.92/mo |
15% down | $3,335.70/mo |
20% down | $3,139.48/mo |
25% down | $2,943.27/mo |
30% down | $2,747.05/mo |
35% down | $2,550.83/mo |
40% down | $2,354.61/mo |
45% down | $2,158.39/mo |
50% down | $1,962.18/mo |
6% interest
0% down | $4,928.31/mo |
5% down | $4,681.89/mo |
10% down | $4,435.47/mo |
15% down | $4,189.06/mo |
20% down | $3,942.64/mo |
25% down | $3,696.23/mo |
30% down | $3,449.81/mo |
35% down | $3,203.40/mo |
40% down | $2,956.98/mo |
45% down | $2,710.57/mo |
50% down | $2,464.15/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.