$5,800 a Month Mortgage

How much mortgage can you get for $5,800 a month? Calculate home price based on $5,800 monthly payment.
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With the parameters you selected, \${$pageVals->prettyPayment}/mo will pay for a {$big} home loan.

This does not include the cost of insurance, repairs, taxes, PMI, HSA dues, or other costs.

How expensive of a home can I buy for $5,800 a month?
This calculates the amount of a mortgage that you can get with a $5,800 monthly payment. This is calculated based on the monthly payment, interest rate APR, and loan length. Add the down payment to the loan amount to find the total amount of the house that 5,800/month will afford.
What other costs do I need to consider?
Property Taxes: After the mortgage, your property taxes are usually the biggest expense in a property. Taxes are usually reset to a higher amount after you buy a home. A quick way to estimate your property taxes is to find your local millage rate and multiply by the taxable value of your home. The previous owner typically has a lower taxable value than your purchase price. When the taxable value is reset, your property taxes could increase significantly.
Maintenance: Over time, things break and need to be repaired. Consider these regular costs.
HOA Fees: If you buy a condo, HOA fees can be a large expense and these typically increase over time as the property ages.
Home Insurance: Home insurance is typically not too big of an expense but this can vary by region.
Mortgage Fees: Compare mortgages based on both interest rates and fees. Fees can vary widely based on the mortgage provider.
Down Payment: A standard down payment on a 30 year fixed rate mortgage is 20% of the purchase price however many loan programs offer lower down payments.
Mortgage Amount by Monthly Payment - 30 Year Fixed Mortgage
Payment 3% APR 4% APR 5% APR 6% APR 7% APR
5,800 / mo 1,375,698 1,214,875 1,080,433 967,391 871,784
5,805 / mo 1,376,884 1,215,923 1,081,365 968,225 872,535
5,810 / mo 1,378,070 1,216,970 1,082,296 969,059 873,287
5,815 / mo 1,379,256 1,218,017 1,083,228 969,893 874,039
5,820 / mo 1,380,442 1,219,064 1,084,159 970,727 874,790
5,825 / mo 1,381,628 1,220,112 1,085,090 971,561 875,542
5,830 / mo 1,382,814 1,221,159 1,086,022 972,395 876,293
5,835 / mo 1,384,000 1,222,206 1,086,953 973,229 877,045
5,840 / mo 1,385,186 1,223,254 1,087,885 974,063 877,796
5,845 / mo 1,386,372 1,224,301 1,088,816 974,897 878,548
5,850 / mo 1,387,558 1,225,348 1,089,747 975,731 879,299
5,855 / mo 1,388,744 1,226,396 1,090,679 976,565 880,051
5,860 / mo 1,389,930 1,227,443 1,091,610 977,399 880,802
5,865 / mo 1,391,116 1,228,490 1,092,542 978,233 881,554
5,870 / mo 1,392,302 1,229,537 1,093,473 979,067 882,305
5,875 / mo 1,393,488 1,230,585 1,094,405 979,901 883,057
5,880 / mo 1,394,674 1,231,632 1,095,336 980,735 883,808
5,885 / mo 1,395,860 1,232,679 1,096,267 981,569 884,560
5,890 / mo 1,397,045 1,233,727 1,097,199 982,403 885,312
5,895 / mo 1,398,231 1,234,774 1,098,130 983,237 886,063
5,900 / mo 1,399,417 1,235,821 1,099,062 984,071 886,815
Loan Amount by Rate. 30 year fixed, $5,800/mo
Interest Rate Mortgage
2.000% 1,569,181
2.125% 1,542,957
2.250% 1,517,347
2.375% 1,492,335
2.500% 1,467,905
2.625% 1,444,041
2.750% 1,420,729
2.875% 1,397,953
3.000% 1,375,698
3.125% 1,353,952
3.250% 1,332,701
3.375% 1,311,932
3.500% 1,291,631
3.625% 1,271,787
3.750% 1,252,387
3.875% 1,233,420
4.000% 1,214,875
4.125% 1,196,741
4.250% 1,179,006
4.375% 1,161,661
4.500% 1,144,695
4.625% 1,128,098
4.750% 1,111,862
4.875% 1,095,977
5.000% 1,080,433
5.125% 1,065,223
5.250% 1,050,337
5.375% 1,035,767
5.500% 1,021,506
5.625% 1,007,545
5.750% 993,878
5.875% 980,495
6.000% 967,391
6.125% 954,559
6.250% 941,991
6.375% 929,681
6.500% 917,623
6.625% 905,810
6.750% 894,236
6.875% 882,896
7.000% 871,784