$876,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $876k 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 876,000 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 $876,000 house.
2% interest
0% down$3,237.87/mo
5% down$3,075.97/mo
10% down$2,914.08/mo
15% down$2,752.19/mo
20% down$2,590.29/mo
25% down$2,428.40/mo
30% down$2,266.51/mo
35% down$2,104.61/mo
40% down$1,942.72/mo
45% down$1,780.83/mo
50% down$1,618.93/mo
4% interest
0% down$4,182.16/mo
5% down$3,973.05/mo
10% down$3,763.94/mo
15% down$3,554.83/mo
20% down$3,345.73/mo
25% down$3,136.62/mo
30% down$2,927.51/mo
35% down$2,718.40/mo
40% down$2,509.29/mo
45% down$2,300.19/mo
50% down$2,091.08/mo
6% interest
0% down$5,252.06/mo
5% down$4,989.46/mo
10% down$4,726.86/mo
15% down$4,464.25/mo
20% down$4,201.65/mo
25% down$3,939.05/mo
30% down$3,676.44/mo
35% down$3,413.84/mo
40% down$3,151.24/mo
45% down$2,888.63/mo
50% down$2,626.03/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 876,000 house with a 20% down payment?
($700,800 loan. 30 year mortgage)
0.25%$2,020.78
0.50%$2,096.72
0.75%$2,174.48
1.00%$2,254.05
1.25%$2,335.43
1.50%$2,418.60
1.75%$2,503.56
2.00%$2,590.29
2.25%$2,678.78
2.50%$2,769.01
2.75%$2,860.95
3.00%$2,954.60
3.25%$3,049.93
3.50%$3,146.91
3.75%$3,245.51
4.00%$3,345.73
4.25%$3,447.51
4.50%$3,550.85
4.75%$3,655.70
5.00%$3,762.05
5.25%$3,869.84
5.50%$3,979.07
5.75%$4,089.68
6.00%$4,201.65
6.25%$4,314.95
6.50%$4,429.53
6.75%$4,545.38
7.00%$4,662.44
7.25%$4,780.69
7.50%$4,900.10
7.75%$5,020.62
8.00%$5,142.22
8.25%$5,264.88
8.50%$5,388.55
8.75%$5,513.20
9.00%$5,638.80
9.25%$5,765.31
9.50%$5,892.71
9.75%$6,020.95
10.00%$6,150.02
10.25%$6,279.88
10.50%$6,410.49
10.75%$6,541.84
11.00%$6,673.88
11.25%$6,806.60
11.50%$6,939.96
11.75%$7,073.94
12.00%$7,208.52