$844,000 Mortgage Loan Payments and Costs

$
$
%
years
%

Loan Summary


Use the mortgage calculator to calculate the cost of buying a $844k 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 844,000 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 $844,000 house.
2% interest
0% down$3,119.59/mo
5% down$2,963.61/mo
10% down$2,807.63/mo
15% down$2,651.65/mo
20% down$2,495.67/mo
25% down$2,339.69/mo
30% down$2,183.71/mo
35% down$2,027.73/mo
40% down$1,871.75/mo
45% down$1,715.77/mo
50% down$1,559.79/mo
4% interest
0% down$4,029.39/mo
5% down$3,827.92/mo
10% down$3,626.45/mo
15% down$3,424.98/mo
20% down$3,223.51/mo
25% down$3,022.04/mo
30% down$2,820.57/mo
35% down$2,619.10/mo
40% down$2,417.63/mo
45% down$2,216.16/mo
50% down$2,014.69/mo
6% interest
0% down$5,060.21/mo
5% down$4,807.20/mo
10% down$4,554.19/mo
15% down$4,301.18/mo
20% down$4,048.17/mo
25% down$3,795.15/mo
30% down$3,542.14/mo
35% down$3,289.13/mo
40% down$3,036.12/mo
45% down$2,783.11/mo
50% down$2,530.10/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 844,000 house with a 20% down payment?
($675,200 loan. 30 year mortgage)
0.25%$1,946.96
0.50%$2,020.13
0.75%$2,095.04
1.00%$2,171.71
1.25%$2,250.12
1.50%$2,330.25
1.75%$2,412.11
2.00%$2,495.67
2.25%$2,580.93
2.50%$2,667.86
2.75%$2,756.44
3.00%$2,846.67
3.25%$2,938.51
3.50%$3,031.95
3.75%$3,126.96
4.00%$3,223.51
4.25%$3,321.58
4.50%$3,421.14
4.75%$3,522.16
5.00%$3,624.62
5.25%$3,728.48
5.50%$3,833.71
5.75%$3,940.28
6.00%$4,048.17
6.25%$4,157.32
6.50%$4,267.72
6.75%$4,379.33
7.00%$4,492.12
7.25%$4,606.05
7.50%$4,721.10
7.75%$4,837.22
8.00%$4,954.38
8.25%$5,072.55
8.50%$5,191.70
8.75%$5,311.80
9.00%$5,432.81
9.25%$5,554.70
9.50%$5,677.45
9.75%$5,801.01
10.00%$5,925.36
10.25%$6,050.48
10.50%$6,176.32
10.75%$6,302.87
11.00%$6,430.09
11.25%$6,557.96
11.50%$6,686.45
11.75%$6,815.53
12.00%$6,945.19