Use the mortgage calculator to calculate the cost of buying a $824k 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 824,000 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 $824,000 house.
$824,000 Home at 2%
| 0% down | $3,045.66/mo |
| 5% down | $2,893.38/mo |
| 10% down | $2,741.10/mo |
| 15% down | $2,588.81/mo |
| 20% down | $2,436.53/mo |
| 25% down | $2,284.25/mo |
| 30% down | $2,131.97/mo |
| 35% down | $1,979.68/mo |
| 40% down | $1,827.40/mo |
| 45% down | $1,675.12/mo |
| 50% down | $1,522.83/mo |
$824,000 Home at 4%
| 0% down | $3,933.90/mo |
| 5% down | $3,737.21/mo |
| 10% down | $3,540.51/mo |
| 15% down | $3,343.82/mo |
| 20% down | $3,147.12/mo |
| 25% down | $2,950.43/mo |
| 30% down | $2,753.73/mo |
| 35% down | $2,557.04/mo |
| 40% down | $2,360.34/mo |
| 45% down | $2,163.65/mo |
| 50% down | $1,966.95/mo |
$824,000 Home at 6%
| 0% down | $4,940.30/mo |
| 5% down | $4,693.28/mo |
| 10% down | $4,446.27/mo |
| 15% down | $4,199.25/mo |
| 20% down | $3,952.24/mo |
| 25% down | $3,705.22/mo |
| 30% down | $3,458.21/mo |
| 35% down | $3,211.19/mo |
| 40% down | $2,964.18/mo |
| 45% down | $2,717.16/mo |
| 50% down | $2,470.15/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.