Use the mortgage calculator to calculate the cost of buying a $604k 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 604,000 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 $604,000 house.
$604,000 Home at 2%
0% down | $2,232.50/mo |
5% down | $2,120.88/mo |
10% down | $2,009.25/mo |
15% down | $1,897.63/mo |
20% down | $1,786.00/mo |
25% down | $1,674.38/mo |
30% down | $1,562.75/mo |
35% down | $1,451.13/mo |
40% down | $1,339.50/mo |
45% down | $1,227.88/mo |
50% down | $1,116.25/mo |
$604,000 Home at 4%
0% down | $2,883.59/mo |
5% down | $2,739.41/mo |
10% down | $2,595.23/mo |
15% down | $2,451.05/mo |
20% down | $2,306.87/mo |
25% down | $2,162.69/mo |
30% down | $2,018.51/mo |
35% down | $1,874.33/mo |
40% down | $1,730.15/mo |
45% down | $1,585.97/mo |
50% down | $1,441.79/mo |
$604,000 Home at 6%
0% down | $3,621.29/mo |
5% down | $3,440.22/mo |
10% down | $3,259.16/mo |
15% down | $3,078.09/mo |
20% down | $2,897.03/mo |
25% down | $2,715.96/mo |
30% down | $2,534.90/mo |
35% down | $2,353.84/mo |
40% down | $2,172.77/mo |
45% down | $1,991.71/mo |
50% down | $1,810.64/mo |
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.