Use the mortgage calculator to calculate the cost of buying a $858k 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 858,000 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 $858,000 house.
$858,000 Home at 2%
0% down | $3,171.34/mo |
5% down | $3,012.77/mo |
10% down | $2,854.20/mo |
15% down | $2,695.63/mo |
20% down | $2,537.07/mo |
25% down | $2,378.50/mo |
30% down | $2,219.93/mo |
35% down | $2,061.37/mo |
40% down | $1,902.80/mo |
45% down | $1,744.23/mo |
50% down | $1,585.67/mo |
$858,000 Home at 4%
0% down | $4,096.22/mo |
5% down | $3,891.41/mo |
10% down | $3,686.60/mo |
15% down | $3,481.79/mo |
20% down | $3,276.98/mo |
25% down | $3,072.17/mo |
30% down | $2,867.36/mo |
35% down | $2,662.55/mo |
40% down | $2,457.73/mo |
45% down | $2,252.92/mo |
50% down | $2,048.11/mo |
$858,000 Home at 6%
0% down | $5,144.14/mo |
5% down | $4,886.94/mo |
10% down | $4,629.73/mo |
15% down | $4,372.52/mo |
20% down | $4,115.31/mo |
25% down | $3,858.11/mo |
30% down | $3,600.90/mo |
35% down | $3,343.69/mo |
40% down | $3,086.49/mo |
45% down | $2,829.28/mo |
50% down | $2,572.07/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.