$500 Mortgage Payment

How Much House for 500 a Month?
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How Does this Work?

  • This calculates the mortgage amount based on the monthly payment, interest rate, and loan length.
  • Add your down payment to the loan amount to calculate the home value.

How much mortgage will a monthly payment of 500 afford? How much home can I buy for 500 per month? The mortgage amount is based on the monthly payment, interest rate, and loan length. Enter your details into the calculator or browse the chart below.
Loan Amount Based on Rate and Loan Length for a 500/month Mortgage.
Rate 5 Year Mortgage 15 Year Mortgage 30 Year Mortgage
0.25% 29,810 88,324 173,398
0.5% 29,622 86,690 167,118
0.75% 29,435 85,097 161,142
1% 29,250 83,543 155,454
1.25% 29,067 82,027 150,037
1.5% 28,885 80,549 144,877
1.75% 28,705 79,106 139,961
2% 28,526 77,699 135,274
2.25% 28,349 76,326 130,806
2.5% 28,173 74,986 126,544
2.75% 27,999 73,679 122,477
3% 27,826 72,403 118,595
3.25% 27,655 71,157 114,888
3.5% 27,485 69,942 111,347
3.75% 27,317 68,755 107,964
4% 27,150 67,596 104,731
4.25% 26,984 66,465 101,638
4.5% 26,820 65,360 98,681
4.75% 26,657 64,281 95,850
5% 26,495 63,228 93,141
5.25% 26,335 62,199 90,546
5.5% 26,176 61,193 88,061
5.75% 26,019 60,211 85,679
6% 25,863 59,252 83,396
6.25% 25,708 58,314 81,206
6.5% 25,554 57,398 79,105
6.75% 25,402 56,503 77,089
7% 25,251 55,628 75,154
7.25% 25,101 54,773 73,295
7.5% 24,953 53,937 71,509
7.75% 24,805 53,119 69,792
8% 24,659 52,320 68,142
8.25% 24,514 51,539 66,554
8.5% 24,371 50,775 65,027
8.75% 24,228 50,028 63,557
9% 24,087 49,297 62,141
9.25% 23,946 48,582 60,777
9.5% 23,807 47,882 59,463
9.75% 23,669 47,198 58,197
10% 23,533 46,529 56,975
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