Use the mortgage calculator to calculate the cost of buying a $599k 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 599,000 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 $599,000 house.
$599,000 Home at 2%
| 0% down | $2,214.02/mo |
| 5% down | $2,103.32/mo |
| 10% down | $1,992.62/mo |
| 15% down | $1,881.92/mo |
| 20% down | $1,771.22/mo |
| 25% down | $1,660.52/mo |
| 30% down | $1,549.81/mo |
| 35% down | $1,439.11/mo |
| 40% down | $1,328.41/mo |
| 45% down | $1,217.71/mo |
| 50% down | $1,107.01/mo |
$599,000 Home at 4%
| 0% down | $2,859.72/mo |
| 5% down | $2,716.73/mo |
| 10% down | $2,573.75/mo |
| 15% down | $2,430.76/mo |
| 20% down | $2,287.77/mo |
| 25% down | $2,144.79/mo |
| 30% down | $2,001.80/mo |
| 35% down | $1,858.82/mo |
| 40% down | $1,715.83/mo |
| 45% down | $1,572.84/mo |
| 50% down | $1,429.86/mo |
$599,000 Home at 6%
| 0% down | $3,591.31/mo |
| 5% down | $3,411.74/mo |
| 10% down | $3,232.18/mo |
| 15% down | $3,052.61/mo |
| 20% down | $2,873.05/mo |
| 25% down | $2,693.48/mo |
| 30% down | $2,513.92/mo |
| 35% down | $2,334.35/mo |
| 40% down | $2,154.78/mo |
| 45% down | $1,975.22/mo |
| 50% down | $1,795.65/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.