Use the mortgage calculator to calculate the cost of buying a $843k 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 843,000 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 $843,000 house.
$843,000 Home at 2%
0% down | $3,115.89/mo |
5% down | $2,960.10/mo |
10% down | $2,804.30/mo |
15% down | $2,648.51/mo |
20% down | $2,492.71/mo |
25% down | $2,336.92/mo |
30% down | $2,181.12/mo |
35% down | $2,025.33/mo |
40% down | $1,869.54/mo |
45% down | $1,713.74/mo |
50% down | $1,557.95/mo |
$843,000 Home at 4%
0% down | $4,024.61/mo |
5% down | $3,823.38/mo |
10% down | $3,622.15/mo |
15% down | $3,420.92/mo |
20% down | $3,219.69/mo |
25% down | $3,018.46/mo |
30% down | $2,817.23/mo |
35% down | $2,616.00/mo |
40% down | $2,414.77/mo |
45% down | $2,213.54/mo |
50% down | $2,012.31/mo |
$843,000 Home at 6%
0% down | $5,054.21/mo |
5% down | $4,801.50/mo |
10% down | $4,548.79/mo |
15% down | $4,296.08/mo |
20% down | $4,043.37/mo |
25% down | $3,790.66/mo |
30% down | $3,537.95/mo |
35% down | $3,285.24/mo |
40% down | $3,032.53/mo |
45% down | $2,779.82/mo |
50% down | $2,527.11/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.