$898,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $898k 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 898,000 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 $898,000 house.
2% interest
0% down$3,319.18/mo
5% down$3,153.22/mo
10% down$2,987.26/mo
15% down$2,821.31/mo
20% down$2,655.35/mo
25% down$2,489.39/mo
30% down$2,323.43/mo
35% down$2,157.47/mo
40% down$1,991.51/mo
45% down$1,825.55/mo
50% down$1,659.59/mo
4% interest
0% down$4,287.19/mo
5% down$4,072.83/mo
10% down$3,858.47/mo
15% down$3,644.11/mo
20% down$3,429.75/mo
25% down$3,215.39/mo
30% down$3,001.03/mo
35% down$2,786.67/mo
40% down$2,572.31/mo
45% down$2,357.95/mo
50% down$2,143.59/mo
6% interest
0% down$5,383.96/mo
5% down$5,114.77/mo
10% down$4,845.57/mo
15% down$4,576.37/mo
20% down$4,307.17/mo
25% down$4,037.97/mo
30% down$3,768.77/mo
35% down$3,499.58/mo
40% down$3,230.38/mo
45% down$2,961.18/mo
50% down$2,691.98/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 898,000 house with a 20% down payment?
($718,400 loan. 30 year mortgage)
0.25%$2,071.53
0.50%$2,149.38
0.75%$2,229.09
1.00%$2,310.66
1.25%$2,394.08
1.50%$2,479.34
1.75%$2,566.44
2.00%$2,655.35
2.25%$2,746.06
2.50%$2,838.55
2.75%$2,932.80
3.00%$3,028.80
3.25%$3,126.52
3.50%$3,225.94
3.75%$3,327.02
4.00%$3,429.75
4.25%$3,534.10
4.50%$3,640.03
4.75%$3,747.51
5.00%$3,856.53
5.25%$3,967.03
5.50%$4,079.00
5.75%$4,192.39
6.00%$4,307.17
6.25%$4,423.31
6.50%$4,540.78
6.75%$4,659.53
7.00%$4,779.53
7.25%$4,900.75
7.50%$5,023.16
7.75%$5,146.71
8.00%$5,271.36
8.25%$5,397.10
8.50%$5,523.87
8.75%$5,651.66
9.00%$5,780.41
9.25%$5,910.10
9.50%$6,040.70
9.75%$6,172.17
10.00%$6,304.47
10.25%$6,437.59
10.50%$6,571.49
10.75%$6,706.13
11.00%$6,841.49
11.25%$6,977.54
11.50%$7,114.25
11.75%$7,251.60
12.00%$7,389.55