$900,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $900k 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 900,000 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 $900,000 house.
2% interest
0% down$3,326.58/mo
5% down$3,160.25/mo
10% down$2,993.92/mo
15% down$2,827.59/mo
20% down$2,661.26/mo
25% down$2,494.93/mo
30% down$2,328.60/mo
35% down$2,162.27/mo
40% down$1,995.95/mo
45% down$1,829.62/mo
50% down$1,663.29/mo
4% interest
0% down$4,296.74/mo
5% down$4,081.90/mo
10% down$3,867.06/mo
15% down$3,652.23/mo
20% down$3,437.39/mo
25% down$3,222.55/mo
30% down$3,007.72/mo
35% down$2,792.88/mo
40% down$2,578.04/mo
45% down$2,363.21/mo
50% down$2,148.37/mo
6% interest
0% down$5,395.95/mo
5% down$5,126.16/mo
10% down$4,856.36/mo
15% down$4,586.56/mo
20% down$4,316.76/mo
25% down$4,046.97/mo
30% down$3,777.17/mo
35% down$3,507.37/mo
40% down$3,237.57/mo
45% down$2,967.78/mo
50% down$2,697.98/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 900,000 house with a 20% down payment?
($720,000 loan. 30 year mortgage)
0.25%$2,076.15
0.50%$2,154.16
0.75%$2,234.05
1.00%$2,315.80
1.25%$2,399.41
1.50%$2,484.87
1.75%$2,572.15
2.00%$2,661.26
2.25%$2,752.17
2.50%$2,844.87
2.75%$2,939.34
3.00%$3,035.55
3.25%$3,133.49
3.50%$3,233.12
3.75%$3,334.43
4.00%$3,437.39
4.25%$3,541.97
4.50%$3,648.13
4.75%$3,755.86
5.00%$3,865.12
5.25%$3,975.87
5.50%$4,088.08
5.75%$4,201.72
6.00%$4,316.76
6.25%$4,433.16
6.50%$4,550.89
6.75%$4,669.91
7.00%$4,790.18
7.25%$4,911.67
7.50%$5,034.34
7.75%$5,158.17
8.00%$5,283.10
8.25%$5,409.12
8.50%$5,536.18
8.75%$5,664.24
9.00%$5,793.28
9.25%$5,923.26
9.50%$6,054.15
9.75%$6,185.91
10.00%$6,318.52
10.25%$6,451.93
10.50%$6,586.12
10.75%$6,721.07
11.00%$6,856.73
11.25%$6,993.08
11.50%$7,130.10
11.75%$7,267.75
12.00%$7,406.01