Use the mortgage calculator to calculate the cost of buying a $593k 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 593,000 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 $593,000 house.
$593,000 Home at 2%
| 0% down | $2,191.84/mo |
| 5% down | $2,082.25/mo |
| 10% down | $1,972.66/mo |
| 15% down | $1,863.07/mo |
| 20% down | $1,753.47/mo |
| 25% down | $1,643.88/mo |
| 30% down | $1,534.29/mo |
| 35% down | $1,424.70/mo |
| 40% down | $1,315.11/mo |
| 45% down | $1,205.51/mo |
| 50% down | $1,095.92/mo |
$593,000 Home at 4%
| 0% down | $2,831.07/mo |
| 5% down | $2,689.52/mo |
| 10% down | $2,547.97/mo |
| 15% down | $2,406.41/mo |
| 20% down | $2,264.86/mo |
| 25% down | $2,123.30/mo |
| 30% down | $1,981.75/mo |
| 35% down | $1,840.20/mo |
| 40% down | $1,698.64/mo |
| 45% down | $1,557.09/mo |
| 50% down | $1,415.54/mo |
$593,000 Home at 6%
| 0% down | $3,555.33/mo |
| 5% down | $3,377.57/mo |
| 10% down | $3,199.80/mo |
| 15% down | $3,022.03/mo |
| 20% down | $2,844.27/mo |
| 25% down | $2,666.50/mo |
| 30% down | $2,488.73/mo |
| 35% down | $2,310.97/mo |
| 40% down | $2,133.20/mo |
| 45% down | $1,955.43/mo |
| 50% down | $1,777.67/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.