$850,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $850k 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 850,000 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 $850,000 house.
2% interest
0% down$3,141.77/mo
5% down$2,984.68/mo
10% down$2,827.59/mo
15% down$2,670.50/mo
20% down$2,513.41/mo
25% down$2,356.32/mo
30% down$2,199.24/mo
35% down$2,042.15/mo
40% down$1,885.06/mo
45% down$1,727.97/mo
50% down$1,570.88/mo
4% interest
0% down$4,058.03/mo
5% down$3,855.13/mo
10% down$3,652.23/mo
15% down$3,449.33/mo
20% down$3,246.42/mo
25% down$3,043.52/mo
30% down$2,840.62/mo
35% down$2,637.72/mo
40% down$2,434.82/mo
45% down$2,231.92/mo
50% down$2,029.02/mo
6% interest
0% down$5,096.18/mo
5% down$4,841.37/mo
10% down$4,586.56/mo
15% down$4,331.75/mo
20% down$4,076.94/mo
25% down$3,822.13/mo
30% down$3,567.33/mo
35% down$3,312.52/mo
40% down$3,057.71/mo
45% down$2,802.90/mo
50% down$2,548.09/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 850,000 house with a 20% down payment?
($680,000 loan. 30 year mortgage)
0.25%$1,960.80
0.50%$2,034.49
0.75%$2,109.94
1.00%$2,187.15
1.25%$2,266.11
1.50%$2,346.82
1.75%$2,429.26
2.00%$2,513.41
2.25%$2,599.27
2.50%$2,686.82
2.75%$2,776.04
3.00%$2,866.91
3.25%$2,959.40
3.50%$3,053.50
3.75%$3,149.19
4.00%$3,246.42
4.25%$3,345.19
4.50%$3,445.46
4.75%$3,547.20
5.00%$3,650.39
5.25%$3,754.99
5.50%$3,860.97
5.75%$3,968.30
6.00%$4,076.94
6.25%$4,186.88
6.50%$4,298.06
6.75%$4,410.47
7.00%$4,524.06
7.25%$4,638.80
7.50%$4,754.66
7.75%$4,871.60
8.00%$4,989.60
8.25%$5,108.61
8.50%$5,228.61
8.75%$5,349.56
9.00%$5,471.43
9.25%$5,594.19
9.50%$5,717.81
9.75%$5,842.25
10.00%$5,967.49
10.25%$6,093.49
10.50%$6,220.23
10.75%$6,347.67
11.00%$6,475.80
11.25%$6,604.58
11.50%$6,733.98
11.75%$6,863.99
12.00%$6,994.57