$470,000 House at 4.25%

What's the monthly mortgage payment on a $470,000 house? Loan price for a $470,000 house with a 4.25% interest rate.
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Monthly payment = $1,850
Total yearly payments = $22,196
Payments by Interest Rate
Interest Rate Payment
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
4.625% $1,933
4.750% $1,961
Payments by Amount Down
% Down Amount Payment
3.5% $16,450 $2,231
5.0% $23,500 $2,197
7.5% $35,250 $2,139
10% $47,000 $2,081
15% $70,500 $1,965
20% $94,000 $1,850
25% $117,500 $1,734
30% $141,000 $1,618
50% $235,000 $1,156
Payments by Loan Length
Length Payment
10 years $3,852
15 years $2,829
20 years $2,328
30 years $1,850
40 years $1,630
Interest only $1,332

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 4.25% loan:

% Down Down Payment Income Required
3.5% $16,450 $129,194
5.0% $23,500 $127,708
7.5% $35,250 $125,230
10% $47,000 $122,753
15% $70,500 $117,799
20% $94,000 $112,844
25% $117,500 $107,889
30% $141,000 $102,935
50% $235,000 $83,117