$790,000 House at 5.00%

What's the monthly mortgage payment on a $790,000 house? Loan price for a $790,000 house with a 5.00% interest rate.
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Monthly payment = $3,393
Total yearly payments = $40,713
Payments by Interest Rate
Interest Rate Payment
4.500% $3,202
4.625% $3,249
4.750% $3,297
4.875% $3,345
5.000% $3,393
5.125% $3,441
5.250% $3,490
5.375% $3,539
5.500% $3,588
Payments by Amount Down
% Down Amount Payment
3.5% $27,650 $4,092
5.0% $39,500 $4,029
7.5% $59,250 $3,923
10% $79,000 $3,817
15% $118,500 $3,605
20% $158,000 $3,393
25% $197,500 $3,181
30% $237,000 $2,969
50% $395,000 $2,120
Payments by Loan Length
Length Payment
10 years $6,703
15 years $4,998
20 years $4,171
30 years $3,393
40 years $3,047
Interest only $2,633

Can I afford a $790,000 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 $790,000 with a 5.00% loan:

% Down Down Payment Income Required
3.5% $27,650 $231,820
5.0% $39,500 $229,093
7.5% $59,250 $224,550
10% $79,000 $220,006
15% $118,500 $210,918
20% $158,000 $201,831
25% $197,500 $192,743
30% $237,000 $183,655
50% $395,000 $147,305