$840,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $840k 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 840,000 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 $840,000 house.
2% interest
0% down$3,104.80/mo
5% down$2,949.56/mo
10% down$2,794.32/mo
15% down$2,639.08/mo
20% down$2,483.84/mo
25% down$2,328.60/mo
30% down$2,173.36/mo
35% down$2,018.12/mo
40% down$1,862.88/mo
45% down$1,707.64/mo
50% down$1,552.40/mo
4% interest
0% down$4,010.29/mo
5% down$3,809.77/mo
10% down$3,609.26/mo
15% down$3,408.75/mo
20% down$3,208.23/mo
25% down$3,007.72/mo
30% down$2,807.20/mo
35% down$2,606.69/mo
40% down$2,406.17/mo
45% down$2,205.66/mo
50% down$2,005.14/mo
6% interest
0% down$5,036.22/mo
5% down$4,784.41/mo
10% down$4,532.60/mo
15% down$4,280.79/mo
20% down$4,028.98/mo
25% down$3,777.17/mo
30% down$3,525.36/mo
35% down$3,273.55/mo
40% down$3,021.73/mo
45% down$2,769.92/mo
50% down$2,518.11/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 840,000 house with a 20% down payment?
($672,000 loan. 30 year mortgage)
0.25%$1,937.74
0.50%$2,010.55
0.75%$2,085.12
1.00%$2,161.42
1.25%$2,239.45
1.50%$2,319.21
1.75%$2,400.68
2.00%$2,483.84
2.25%$2,568.69
2.50%$2,655.21
2.75%$2,743.38
3.00%$2,833.18
3.25%$2,924.59
3.50%$3,017.58
3.75%$3,112.14
4.00%$3,208.23
4.25%$3,305.84
4.50%$3,404.93
4.75%$3,505.47
5.00%$3,607.44
5.25%$3,710.81
5.50%$3,815.54
5.75%$3,921.61
6.00%$4,028.98
6.25%$4,137.62
6.50%$4,247.50
6.75%$4,358.58
7.00%$4,470.83
7.25%$4,584.22
7.50%$4,698.72
7.75%$4,814.29
8.00%$4,930.90
8.25%$5,048.51
8.50%$5,167.10
8.75%$5,286.63
9.00%$5,407.06
9.25%$5,528.38
9.50%$5,650.54
9.75%$5,773.52
10.00%$5,897.28
10.25%$6,021.80
10.50%$6,147.05
10.75%$6,272.99
11.00%$6,399.61
11.25%$6,526.88
11.50%$6,654.76
11.75%$6,783.23
12.00%$6,912.28