$590,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $590k home. Change the numbers to see different options. This calc can be used for car loans, debt, real estate, home purchase, etc.
Can I afford a 590,000 dollar house? It depends. In addition to the mortgage payment, a home also has insurance, maintenance, and taxes. Taxes can vary drastically by area. A very rough estimate is to not spend more than 30% of your income on housing.
How do I get a mortgage? A simple first step is to talk to a local banker and fill out a mortgage application. Then consider other offers, either local or online.
How much of a down payment should I make? Here's a little chart that shows monthly payments based on down payment for a $590,000 house.
2% interest
0% down$2,180.75/mo
5% down$2,071.72/mo
10% down$1,962.68/mo
15% down$1,853.64/mo
20% down$1,744.60/mo
25% down$1,635.57/mo
30% down$1,526.53/mo
35% down$1,417.49/mo
40% down$1,308.45/mo
45% down$1,199.42/mo
50% down$1,090.38/mo
4% interest
0% down$2,816.75/mo
5% down$2,675.91/mo
10% down$2,535.08/mo
15% down$2,394.24/mo
20% down$2,253.40/mo
25% down$2,112.56/mo
30% down$1,971.73/mo
35% down$1,830.89/mo
40% down$1,690.05/mo
45% down$1,549.21/mo
50% down$1,408.38/mo
6% interest
0% down$3,537.35/mo
5% down$3,360.48/mo
10% down$3,183.61/mo
15% down$3,006.75/mo
20% down$2,829.88/mo
25% down$2,653.01/mo
30% down$2,476.14/mo
35% down$2,299.28/mo
40% down$2,122.41/mo
45% down$1,945.54/mo
50% down$1,768.67/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 590,000 house with a 20% down payment?
($472,000 loan. 30 year mortgage)
0.25%$1,361.03
0.50%$1,412.17
0.75%$1,464.55
1.00%$1,518.14
1.25%$1,572.95
1.50%$1,628.97
1.75%$1,686.19
2.00%$1,744.60
2.25%$1,804.20
2.50%$1,864.97
2.75%$1,926.90
3.00%$1,989.97
3.25%$2,054.17
3.50%$2,119.49
3.75%$2,185.91
4.00%$2,253.40
4.25%$2,321.96
4.50%$2,391.55
4.75%$2,462.18
5.00%$2,533.80
5.25%$2,606.40
5.50%$2,679.96
5.75%$2,754.46
6.00%$2,829.88
6.25%$2,906.19
6.50%$2,983.36
6.75%$3,061.38
7.00%$3,140.23
7.25%$3,219.87
7.50%$3,300.29
7.75%$3,381.47
8.00%$3,463.37
8.25%$3,545.98
8.50%$3,629.27
8.75%$3,713.23
9.00%$3,797.82
9.25%$3,883.03
9.50%$3,968.83
9.75%$4,055.21
10.00%$4,142.14
10.25%$4,229.60
10.50%$4,317.57
10.75%$4,406.03
11.00%$4,494.97
11.25%$4,584.35
11.50%$4,674.18
11.75%$4,764.41
12.00%$4,855.05