$598,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $598k 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 598,000 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 $598,000 house.
2% interest
0% down$2,210.32/mo
5% down$2,099.81/mo
10% down$1,989.29/mo
15% down$1,878.78/mo
20% down$1,768.26/mo
25% down$1,657.74/mo
30% down$1,547.23/mo
35% down$1,436.71/mo
40% down$1,326.19/mo
45% down$1,215.68/mo
50% down$1,105.16/mo
4% interest
0% down$2,854.94/mo
5% down$2,712.20/mo
10% down$2,569.45/mo
15% down$2,426.70/mo
20% down$2,283.95/mo
25% down$2,141.21/mo
30% down$1,998.46/mo
35% down$1,855.71/mo
40% down$1,712.97/mo
45% down$1,570.22/mo
50% down$1,427.47/mo
6% interest
0% down$3,585.31/mo
5% down$3,406.05/mo
10% down$3,226.78/mo
15% down$3,047.52/mo
20% down$2,868.25/mo
25% down$2,688.98/mo
30% down$2,509.72/mo
35% down$2,330.45/mo
40% down$2,151.19/mo
45% down$1,971.92/mo
50% down$1,792.66/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 598,000 house with a 20% down payment?
($478,400 loan. 30 year mortgage)
0.25%$1,379.48
0.50%$1,431.32
0.75%$1,484.40
1.00%$1,538.72
1.25%$1,594.28
1.50%$1,651.06
1.75%$1,709.05
2.00%$1,768.26
2.25%$1,828.67
2.50%$1,890.26
2.75%$1,953.03
3.00%$2,016.95
3.25%$2,082.03
3.50%$2,148.23
3.75%$2,215.54
4.00%$2,283.95
4.25%$2,353.44
4.50%$2,423.98
4.75%$2,495.56
5.00%$2,568.15
5.25%$2,641.74
5.50%$2,716.30
5.75%$2,791.81
6.00%$2,868.25
6.25%$2,945.59
6.50%$3,023.81
6.75%$3,102.89
7.00%$3,182.81
7.25%$3,263.53
7.50%$3,345.04
7.75%$3,427.32
8.00%$3,510.33
8.25%$3,594.06
8.50%$3,678.48
8.75%$3,763.57
9.00%$3,849.31
9.25%$3,935.68
9.50%$4,022.65
9.75%$4,110.19
10.00%$4,198.30
10.25%$4,286.95
10.50%$4,376.11
10.75%$4,465.77
11.00%$4,555.92
11.25%$4,646.51
11.50%$4,737.55
11.75%$4,829.02
12.00%$4,920.88