Use the mortgage calculator to calculate the cost of buying a $899k 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 899,000 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 $899,000 house.
$899,000 Home at 2%
| 0% down | $3,322.88/mo |
| 5% down | $3,156.74/mo |
| 10% down | $2,990.59/mo |
| 15% down | $2,824.45/mo |
| 20% down | $2,658.30/mo |
| 25% down | $2,492.16/mo |
| 30% down | $2,326.02/mo |
| 35% down | $2,159.87/mo |
| 40% down | $1,993.73/mo |
| 45% down | $1,827.58/mo |
| 50% down | $1,661.44/mo |
$899,000 Home at 4%
| 0% down | $4,291.96/mo |
| 5% down | $4,077.37/mo |
| 10% down | $3,862.77/mo |
| 15% down | $3,648.17/mo |
| 20% down | $3,433.57/mo |
| 25% down | $3,218.97/mo |
| 30% down | $3,004.37/mo |
| 35% down | $2,789.78/mo |
| 40% down | $2,575.18/mo |
| 45% down | $2,360.58/mo |
| 50% down | $2,145.98/mo |
$899,000 Home at 6%
| 0% down | $5,389.96/mo |
| 5% down | $5,120.46/mo |
| 10% down | $4,850.96/mo |
| 15% down | $4,581.47/mo |
| 20% down | $4,311.97/mo |
| 25% down | $4,042.47/mo |
| 30% down | $3,772.97/mo |
| 35% down | $3,503.47/mo |
| 40% down | $3,233.98/mo |
| 45% down | $2,964.48/mo |
| 50% down | $2,694.98/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.