Use the mortgage calculator to calculate the cost of buying a $841k 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 841,000 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 $841,000 house.
$841,000 Home at 2%
| 0% down | $3,108.50/mo |
| 5% down | $2,953.07/mo |
| 10% down | $2,797.65/mo |
| 15% down | $2,642.22/mo |
| 20% down | $2,486.80/mo |
| 25% down | $2,331.37/mo |
| 30% down | $2,175.95/mo |
| 35% down | $2,020.52/mo |
| 40% down | $1,865.10/mo |
| 45% down | $1,709.67/mo |
| 50% down | $1,554.25/mo |
$841,000 Home at 4%
| 0% down | $4,015.06/mo |
| 5% down | $3,814.31/mo |
| 10% down | $3,613.56/mo |
| 15% down | $3,412.80/mo |
| 20% down | $3,212.05/mo |
| 25% down | $3,011.30/mo |
| 30% down | $2,810.54/mo |
| 35% down | $2,609.79/mo |
| 40% down | $2,409.04/mo |
| 45% down | $2,208.28/mo |
| 50% down | $2,007.53/mo |
$841,000 Home at 6%
| 0% down | $5,042.22/mo |
| 5% down | $4,790.11/mo |
| 10% down | $4,538.00/mo |
| 15% down | $4,285.89/mo |
| 20% down | $4,033.78/mo |
| 25% down | $3,781.66/mo |
| 30% down | $3,529.55/mo |
| 35% down | $3,277.44/mo |
| 40% down | $3,025.33/mo |
| 45% down | $2,773.22/mo |
| 50% down | $2,521.11/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.