Here's what the monthly payment on a $1 million home really looks like

A million-dollar home may not sound especially extravagant anymore, at least not in markets where average home prices flirt with seven figures. But while that kind of listing price might feel like the norm, the monthly payment on a $1 million mortgage can still deliver serious sticker shock. Interest rates, down payment sizes, loan types, taxes, insurance, and fees all stack up fast, and the difference between “affordable on paper” and “comfortable to live with” is often thousands of dollars a month. St ...