What it costs to own

Monthly, all in

$15,441

$185,292/yr at $1.88M, 20% down, 7.18% over 30 yrs

Principal & interest66%$10,162

Property tax15%$2,330

Insurance4%$625

Maintenance10%$1,563

Heat2%$321

Commute3%$441

Your numbers

Purchase price — $1.88M

Down payment

$375,000Interest rate

survey 11/5/2026TermLoan

$1,500,000

20% down

Tax the purchase price, not the current assessment

Connecticut doesn't reassess on sale — you inherit Fairfield's current bill ($27,964/yr) until its next revaluation. Tick this to see the bill if it were reassessed at your price.

Include commuting ($441/mo — Demo station pass, parking, fuel)

Cash to close

$431,250

$375,000 down + ~3% costs

Interest over 30 years

$2,158,148

144% of the loan, to the bank

Paid in year one

$185,292

of which $121,938 is the mortgage

If rates move

Principal and interest on this $1,500,000 loan. Everything else in the payment stays put.

6.18%	$9,168/mo	−$994
6.68%	$9,659/mo	−$502
7.18%	$10,162/mo	your rate
7.68%	$10,674/mo	+$512
8.18%	$11,195/mo	+$1,034

Estimates, not a quote: insurance 0.40%/yr and maintenance 1.00%/yr of value, heat from the assessor's fuel type, closing costs ~3%, PMI 0.6%/yr below 20% down. Your lender's numbers will differ. What to offer →