$609,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $609k 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 609,000 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 $609,000 house.
2% interest
0% down$2,250.98/mo
5% down$2,138.43/mo
10% down$2,025.88/mo
15% down$1,913.34/mo
20% down$1,800.79/mo
25% down$1,688.24/mo
30% down$1,575.69/mo
35% down$1,463.14/mo
40% down$1,350.59/mo
45% down$1,238.04/mo
50% down$1,125.49/mo
4% interest
0% down$2,907.46/mo
5% down$2,762.09/mo
10% down$2,616.71/mo
15% down$2,471.34/mo
20% down$2,325.97/mo
25% down$2,180.59/mo
30% down$2,035.22/mo
35% down$1,889.85/mo
40% down$1,744.48/mo
45% down$1,599.10/mo
50% down$1,453.73/mo
6% interest
0% down$3,651.26/mo
5% down$3,468.70/mo
10% down$3,286.14/mo
15% down$3,103.57/mo
20% down$2,921.01/mo
25% down$2,738.45/mo
30% down$2,555.88/mo
35% down$2,373.32/mo
40% down$2,190.76/mo
45% down$2,008.19/mo
50% down$1,825.63/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 609,000 house with a 20% down payment?
($487,200 loan. 30 year mortgage)
0.25%$1,404.86
0.50%$1,457.65
0.75%$1,511.71
1.00%$1,567.03
1.25%$1,623.60
1.50%$1,681.43
1.75%$1,740.49
2.00%$1,800.79
2.25%$1,862.30
2.50%$1,925.03
2.75%$1,988.95
3.00%$2,054.05
3.25%$2,120.33
3.50%$2,187.75
3.75%$2,256.30
4.00%$2,325.97
4.25%$2,396.73
4.50%$2,468.57
4.75%$2,541.47
5.00%$2,615.39
5.25%$2,690.34
5.50%$2,766.27
5.75%$2,843.17
6.00%$2,921.01
6.25%$2,999.77
6.50%$3,079.44
6.75%$3,159.97
7.00%$3,241.35
7.25%$3,323.56
7.50%$3,406.57
7.75%$3,490.36
8.00%$3,574.90
8.25%$3,660.17
8.50%$3,746.15
8.75%$3,832.80
9.00%$3,920.12
9.25%$4,008.07
9.50%$4,096.64
9.75%$4,185.80
10.00%$4,275.53
10.25%$4,365.81
10.50%$4,456.61
10.75%$4,547.92
11.00%$4,639.72
11.25%$4,731.99
11.50%$4,824.70
11.75%$4,917.84
12.00%$5,011.40