answer:Here’s a mortgage calculator. You cannot finance a home if you don’t purchase it. When you buy a house, customarily, you put some money in for a down payment. Then you borrow the rest at a fixed rate and pay it back over a period of time that you and the bank determine depending on your income and your collateral. ***** Whoa. I am backing up here. Two days ago you said that your wife owned a house ( and a garage that was filled with cereal boxes and other clutter generated by her mother). Surely you can ask your wife this question? Surely you are not as naive as you sometimes claim to be here?