$880,000 House at 4.25%

What's the monthly mortgage payment on a $880,000 house? Loan price for a $880,000 house with a 4.25% interest rate.
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Monthly payment = $3,463
Total yearly payments = $41,559
Payments by Interest Rate
Interest Rate Payment
3.750% $3,260
3.875% $3,310
4.000% $3,361
4.125% $3,412
4.250% $3,463
4.375% $3,515
4.500% $3,567
4.625% $3,620
4.750% $3,672
Payments by Amount Down
% Down Amount Payment
3.5% $30,800 $4,178
5.0% $44,000 $4,113
7.5% $66,000 $4,004
10% $88,000 $3,896
15% $132,000 $3,680
20% $176,000 $3,463
25% $220,000 $3,247
30% $264,000 $3,030
50% $440,000 $2,165
Payments by Loan Length
Length Payment
10 years $7,212
15 years $5,296
20 years $4,359
30 years $3,463
40 years $3,053
Interest only $2,493

Can I afford a $880,000 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 $880,000 with a 4.25% loan:

% Down Down Payment Income Required
3.5% $30,800 $241,895
5.0% $44,000 $239,112
7.5% $66,000 $234,474
10% $88,000 $229,836
15% $132,000 $220,559
20% $176,000 $211,282
25% $220,000 $202,006
30% $264,000 $192,729
50% $440,000 $155,623