$842,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $842k 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 842,000 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 $842,000 house.
2% interest
0% down$3,112.20/mo
5% down$2,956.59/mo
10% down$2,800.98/mo
15% down$2,645.37/mo
20% down$2,489.76/mo
25% down$2,334.15/mo
30% down$2,178.54/mo
35% down$2,022.93/mo
40% down$1,867.32/mo
45% down$1,711.71/mo
50% down$1,556.10/mo
4% interest
0% down$4,019.84/mo
5% down$3,818.84/mo
10% down$3,617.85/mo
15% down$3,416.86/mo
20% down$3,215.87/mo
25% down$3,014.88/mo
30% down$2,813.89/mo
35% down$2,612.89/mo
40% down$2,411.90/mo
45% down$2,210.91/mo
50% down$2,009.92/mo
6% interest
0% down$5,048.22/mo
5% down$4,795.80/mo
10% down$4,543.39/mo
15% down$4,290.98/mo
20% down$4,038.57/mo
25% down$3,786.16/mo
30% down$3,533.75/mo
35% down$3,281.34/mo
40% down$3,028.93/mo
45% down$2,776.52/mo
50% down$2,524.11/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 842,000 house with a 20% down payment?
($673,600 loan. 30 year mortgage)
0.25%$1,942.35
0.50%$2,015.34
0.75%$2,090.08
1.00%$2,166.56
1.25%$2,244.78
1.50%$2,324.73
1.75%$2,406.39
2.00%$2,489.76
2.25%$2,574.81
2.50%$2,661.53
2.75%$2,749.91
3.00%$2,839.92
3.25%$2,931.55
3.50%$3,024.77
3.75%$3,119.55
4.00%$3,215.87
4.25%$3,313.71
4.50%$3,413.03
4.75%$3,513.82
5.00%$3,616.03
5.25%$3,719.64
5.50%$3,824.63
5.75%$3,930.95
6.00%$4,038.57
6.25%$4,147.47
6.50%$4,257.61
6.75%$4,368.96
7.00%$4,481.48
7.25%$4,595.14
7.50%$4,709.91
7.75%$4,825.75
8.00%$4,942.64
8.25%$5,060.53
8.50%$5,179.40
8.75%$5,299.21
9.00%$5,419.94
9.25%$5,541.54
9.50%$5,663.99
9.75%$5,787.26
10.00%$5,911.32
10.25%$6,036.14
10.50%$6,161.68
10.75%$6,287.93
11.00%$6,414.85
11.25%$6,542.42
11.50%$6,670.60
11.75%$6,799.38
12.00%$6,928.73