Use the mortgage calculator to calculate the cost of buying a $938k 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 938,000 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 $938,000 house.
$938,000 Home at 2%
| 0% down | $3,467.03/mo |
| 5% down | $3,293.68/mo |
| 10% down | $3,120.33/mo |
| 15% down | $2,946.98/mo |
| 20% down | $2,773.62/mo |
| 25% down | $2,600.27/mo |
| 30% down | $2,426.92/mo |
| 35% down | $2,253.57/mo |
| 40% down | $2,080.22/mo |
| 45% down | $1,906.87/mo |
| 50% down | $1,733.52/mo |
$938,000 Home at 4%
| 0% down | $4,478.16/mo |
| 5% down | $4,254.25/mo |
| 10% down | $4,030.34/mo |
| 15% down | $3,806.43/mo |
| 20% down | $3,582.52/mo |
| 25% down | $3,358.62/mo |
| 30% down | $3,134.71/mo |
| 35% down | $2,910.80/mo |
| 40% down | $2,686.89/mo |
| 45% down | $2,462.99/mo |
| 50% down | $2,239.08/mo |
$938,000 Home at 6%
| 0% down | $5,623.78/mo |
| 5% down | $5,342.59/mo |
| 10% down | $5,061.41/mo |
| 15% down | $4,780.22/mo |
| 20% down | $4,499.03/mo |
| 25% down | $4,217.84/mo |
| 30% down | $3,936.65/mo |
| 35% down | $3,655.46/mo |
| 40% down | $3,374.27/mo |
| 45% down | $3,093.08/mo |
| 50% down | $2,811.89/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.