Use the mortgage calculator to calculate the cost of buying a $835k 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 835,000 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 $835,000 house.
$835,000 Home at 2%
| 0% down | $3,086.32/mo |
| 5% down | $2,932.01/mo |
| 10% down | $2,777.69/mo |
| 15% down | $2,623.37/mo |
| 20% down | $2,469.06/mo |
| 25% down | $2,314.74/mo |
| 30% down | $2,160.43/mo |
| 35% down | $2,006.11/mo |
| 40% down | $1,851.79/mo |
| 45% down | $1,697.48/mo |
| 50% down | $1,543.16/mo |
$835,000 Home at 4%
| 0% down | $3,986.42/mo |
| 5% down | $3,787.10/mo |
| 10% down | $3,587.78/mo |
| 15% down | $3,388.46/mo |
| 20% down | $3,189.13/mo |
| 25% down | $2,989.81/mo |
| 30% down | $2,790.49/mo |
| 35% down | $2,591.17/mo |
| 40% down | $2,391.85/mo |
| 45% down | $2,192.53/mo |
| 50% down | $1,993.21/mo |
$835,000 Home at 6%
| 0% down | $5,006.25/mo |
| 5% down | $4,755.93/mo |
| 10% down | $4,505.62/mo |
| 15% down | $4,255.31/mo |
| 20% down | $4,005.00/mo |
| 25% down | $3,754.69/mo |
| 30% down | $3,504.37/mo |
| 35% down | $3,254.06/mo |
| 40% down | $3,003.75/mo |
| 45% down | $2,753.44/mo |
| 50% down | $2,503.12/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.