$670,000 House at 5.00%

What's the monthly mortgage payment on a $670,000 house? Loan price for a $670,000 house with a 5.00% interest rate.
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Monthly payment = $2,877
Total yearly payments = $34,528
Payments by Interest Rate
Interest Rate Payment
4.500% $2,716
4.625% $2,756
4.750% $2,796
4.875% $2,837
5.000% $2,877
5.125% $2,918
5.250% $2,960
5.375% $3,001
5.500% $3,043
Payments by Amount Down
% Down Amount Payment
3.5% $23,450 $3,471
5.0% $33,500 $3,417
7.5% $50,250 $3,327
10% $67,000 $3,237
15% $100,500 $3,057
20% $134,000 $2,877
25% $167,500 $2,698
30% $201,000 $2,518
50% $335,000 $1,798
Payments by Loan Length
Length Payment
10 years $5,685
15 years $4,239
20 years $3,537
30 years $2,877
40 years $2,585
Interest only $2,233

Can I afford a $670,000 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 $670,000 with a 5.00% loan:

% Down Down Payment Income Required
3.5% $23,450 $196,607
5.0% $33,500 $194,294
7.5% $50,250 $190,441
10% $67,000 $186,587
15% $100,500 $178,880
20% $134,000 $171,173
25% $167,500 $163,466
30% $201,000 $155,758
50% $335,000 $124,929