$872,000 Mortgage Loan Payments and Costs

$
$
%
years
%

Loan Summary


Use the mortgage calculator to calculate the cost of buying a $872k 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 872,000 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 $872,000 house.
2% interest
0% down$3,223.08/mo
5% down$3,061.93/mo
10% down$2,900.77/mo
15% down$2,739.62/mo
20% down$2,578.47/mo
25% down$2,417.31/mo
30% down$2,256.16/mo
35% down$2,095.00/mo
40% down$1,933.85/mo
45% down$1,772.69/mo
50% down$1,611.54/mo
4% interest
0% down$4,163.06/mo
5% down$3,954.91/mo
10% down$3,746.76/mo
15% down$3,538.60/mo
20% down$3,330.45/mo
25% down$3,122.30/mo
30% down$2,914.14/mo
35% down$2,705.99/mo
40% down$2,497.84/mo
45% down$2,289.68/mo
50% down$2,081.53/mo
6% interest
0% down$5,228.08/mo
5% down$4,966.68/mo
10% down$4,705.27/mo
15% down$4,443.87/mo
20% down$4,182.46/mo
25% down$3,921.06/mo
30% down$3,659.66/mo
35% down$3,398.25/mo
40% down$3,136.85/mo
45% down$2,875.44/mo
50% down$2,614.04/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 872,000 house with a 20% down payment?
($697,600 loan. 30 year mortgage)
0.25%$2,011.55
0.50%$2,087.15
0.75%$2,164.55
1.00%$2,243.76
1.25%$2,324.76
1.50%$2,407.56
1.75%$2,492.13
2.00%$2,578.47
2.25%$2,666.55
2.50%$2,756.36
2.75%$2,847.89
3.00%$2,941.11
3.25%$3,036.00
3.50%$3,132.54
3.75%$3,230.69
4.00%$3,330.45
4.25%$3,431.77
4.50%$3,534.64
4.75%$3,639.01
5.00%$3,744.87
5.25%$3,852.17
5.50%$3,960.90
5.75%$4,071.00
6.00%$4,182.46
6.25%$4,295.24
6.50%$4,409.31
6.75%$4,524.62
7.00%$4,641.15
7.25%$4,758.86
7.50%$4,877.72
7.75%$4,997.69
8.00%$5,118.74
8.25%$5,240.84
8.50%$5,363.94
8.75%$5,488.02
9.00%$5,613.05
9.25%$5,738.98
9.50%$5,865.80
9.75%$5,993.46
10.00%$6,121.94
10.25%$6,251.20
10.50%$6,381.22
10.75%$6,511.97
11.00%$6,643.41
11.25%$6,775.52
11.50%$6,908.27
11.75%$7,041.64
12.00%$7,175.60