$740,000 House at 5.00%

What's the monthly mortgage payment on a $740,000 house? Loan price for a $740,000 house with a 5.00% interest rate.
$
$
%
%
Monthly payment = $3,178
Total yearly payments = $38,136
Payments by Interest Rate
Interest Rate Payment
4.500% $3,000
4.625% $3,044
4.750% $3,088
4.875% $3,133
5.000% $3,178
5.125% $3,223
5.250% $3,269
5.375% $3,315
5.500% $3,361
Payments by Amount Down
% Down Amount Payment
3.5% $25,900 $3,833
5.0% $37,000 $3,774
7.5% $55,500 $3,675
10% $74,000 $3,575
15% $111,000 $3,377
20% $148,000 $3,178
25% $185,000 $2,979
30% $222,000 $2,781
50% $370,000 $1,986
Payments by Loan Length
Length Payment
10 years $6,279
15 years $4,681
20 years $3,907
30 years $3,178
40 years $2,855
Interest only $2,467

Can I afford a $740,000 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 $740,000 with a 5.00% loan:

% Down Down Payment Income Required
3.5% $25,900 $217,148
5.0% $37,000 $214,594
7.5% $55,500 $210,338
10% $74,000 $206,081
15% $111,000 $197,569
20% $148,000 $189,056
25% $185,000 $180,544
30% $222,000 $172,032
50% $370,000 $137,982