$600,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $600k 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 600,000 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 $600,000 house.
2% interest
0% down$2,217.72/mo
5% down$2,106.83/mo
10% down$1,995.95/mo
15% down$1,885.06/mo
20% down$1,774.17/mo
25% down$1,663.29/mo
30% down$1,552.40/mo
35% down$1,441.52/mo
40% down$1,330.63/mo
45% down$1,219.74/mo
50% down$1,108.86/mo
4% interest
0% down$2,864.49/mo
5% down$2,721.27/mo
10% down$2,578.04/mo
15% down$2,434.82/mo
20% down$2,291.59/mo
25% down$2,148.37/mo
30% down$2,005.14/mo
35% down$1,861.92/mo
40% down$1,718.70/mo
45% down$1,575.47/mo
50% down$1,432.25/mo
6% interest
0% down$3,597.30/mo
5% down$3,417.44/mo
10% down$3,237.57/mo
15% down$3,057.71/mo
20% down$2,877.84/mo
25% down$2,697.98/mo
30% down$2,518.11/mo
35% down$2,338.25/mo
40% down$2,158.38/mo
45% down$1,978.52/mo
50% down$1,798.65/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 600,000 house with a 20% down payment?
($480,000 loan. 30 year mortgage)
0.25%$1,384.10
0.50%$1,436.11
0.75%$1,489.37
1.00%$1,543.87
1.25%$1,599.61
1.50%$1,656.58
1.75%$1,714.77
2.00%$1,774.17
2.25%$1,834.78
2.50%$1,896.58
2.75%$1,959.56
3.00%$2,023.70
3.25%$2,088.99
3.50%$2,155.41
3.75%$2,222.95
4.00%$2,291.59
4.25%$2,361.31
4.50%$2,432.09
4.75%$2,503.91
5.00%$2,576.74
5.25%$2,650.58
5.50%$2,725.39
5.75%$2,801.15
6.00%$2,877.84
6.25%$2,955.44
6.50%$3,033.93
6.75%$3,113.27
7.00%$3,193.45
7.25%$3,274.45
7.50%$3,356.23
7.75%$3,438.78
8.00%$3,522.07
8.25%$3,606.08
8.50%$3,690.78
8.75%$3,776.16
9.00%$3,862.19
9.25%$3,948.84
9.50%$4,036.10
9.75%$4,123.94
10.00%$4,212.34
10.25%$4,301.29
10.50%$4,390.75
10.75%$4,480.71
11.00%$4,571.15
11.25%$4,662.05
11.50%$4,753.40
11.75%$4,845.17
12.00%$4,937.34