$470,000 House at 4.00%

What's the monthly mortgage payment on a $470,000 house? Loan price for a $470,000 house with a 4.00% interest rate.
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Monthly payment = $1,795
Total yearly payments = $21,541
Payments by Interest Rate
Interest Rate Payment
3.500% $1,688
3.625% $1,715
3.750% $1,741
3.875% $1,768
4.000% $1,795
4.125% $1,822
4.250% $1,850
4.375% $1,877
4.500% $1,905
Payments by Amount Down
% Down Amount Payment
3.5% $16,450 $2,165
5.0% $23,500 $2,132
7.5% $35,250 $2,076
10% $47,000 $2,019
15% $70,500 $1,907
20% $94,000 $1,795
25% $117,500 $1,683
30% $141,000 $1,571
50% $235,000 $1,122
Payments by Loan Length
Length Payment
10 years $3,807
15 years $2,781
20 years $2,278
30 years $1,795
40 years $1,571
Interest only $1,253

Can I afford a $470,000 house?

Traditionally, the "28% rule" means a person should not spend more than 28% of their pre-tax income on total housing costs.

Let's assume that taxes and insurance are 2% of the house price annually. Here's how much you'd have to make to afford a house that costs $470,000 with a 4.00% loan:

% Down Down Payment Income Required
3.5% $16,450 $126,371
5.0% $23,500 $124,928
7.5% $35,250 $122,524
10% $47,000 $120,120
15% $70,500 $115,312
20% $94,000 $110,503
25% $117,500 $105,695
30% $141,000 $100,887
50% $235,000 $81,654