Use the mortgage calculator to calculate the cost of buying a $826k 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 826,000 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 $826,000 house.
2% interest
0% down | $3,053.06/mo |
5% down | $2,900.40/mo |
10% down | $2,747.75/mo |
15% down | $2,595.10/mo |
20% down | $2,442.45/mo |
25% down | $2,289.79/mo |
30% down | $2,137.14/mo |
35% down | $1,984.49/mo |
40% down | $1,831.83/mo |
45% down | $1,679.18/mo |
50% down | $1,526.53/mo |
4% interest
0% down | $3,943.45/mo |
5% down | $3,746.28/mo |
10% down | $3,549.11/mo |
15% down | $3,351.93/mo |
20% down | $3,154.76/mo |
25% down | $2,957.59/mo |
30% down | $2,760.42/mo |
35% down | $2,563.24/mo |
40% down | $2,366.07/mo |
45% down | $2,168.90/mo |
50% down | $1,971.73/mo |
6% interest
0% down | $4,952.29/mo |
5% down | $4,704.67/mo |
10% down | $4,457.06/mo |
15% down | $4,209.44/mo |
20% down | $3,961.83/mo |
25% down | $3,714.22/mo |
30% down | $3,466.60/mo |
35% down | $3,218.99/mo |
40% down | $2,971.37/mo |
45% down | $2,723.76/mo |
50% down | $2,476.14/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.