$685,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $685k 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 685,000 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 $685,000 house.
2% interest
0% down$2,531.89/mo
5% down$2,405.30/mo
10% down$2,278.70/mo
15% down$2,152.11/mo
20% down$2,025.51/mo
25% down$1,898.92/mo
30% down$1,772.33/mo
35% down$1,645.73/mo
40% down$1,519.14/mo
45% down$1,392.54/mo
50% down$1,265.95/mo
4% interest
0% down$3,270.29/mo
5% down$3,106.78/mo
10% down$2,943.27/mo
15% down$2,779.75/mo
20% down$2,616.24/mo
25% down$2,452.72/mo
30% down$2,289.21/mo
35% down$2,125.69/mo
40% down$1,962.18/mo
45% down$1,798.66/mo
50% down$1,635.15/mo
6% interest
0% down$4,106.92/mo
5% down$3,901.58/mo
10% down$3,696.23/mo
15% down$3,490.88/mo
20% down$3,285.54/mo
25% down$3,080.19/mo
30% down$2,874.84/mo
35% down$2,669.50/mo
40% down$2,464.15/mo
45% down$2,258.81/mo
50% down$2,053.46/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 685,000 house with a 20% down payment?
($548,000 loan. 30 year mortgage)
0.25%$1,580.18
0.50%$1,639.56
0.75%$1,700.36
1.00%$1,762.58
1.25%$1,826.22
1.50%$1,891.26
1.75%$1,957.69
2.00%$2,025.51
2.25%$2,094.71
2.50%$2,165.26
2.75%$2,237.16
3.00%$2,310.39
3.25%$2,384.93
3.50%$2,460.76
3.75%$2,537.87
4.00%$2,616.24
4.25%$2,695.83
4.50%$2,776.64
4.75%$2,858.63
5.00%$2,941.78
5.25%$3,026.08
5.50%$3,111.48
5.75%$3,197.98
6.00%$3,285.54
6.25%$3,374.13
6.50%$3,463.73
6.75%$3,554.32
7.00%$3,645.86
7.25%$3,738.33
7.50%$3,831.70
7.75%$3,925.94
8.00%$4,021.03
8.25%$4,116.94
8.50%$4,213.65
8.75%$4,311.12
9.00%$4,409.33
9.25%$4,508.26
9.50%$4,607.88
9.75%$4,708.17
10.00%$4,809.09
10.25%$4,910.64
10.50%$5,012.77
10.75%$5,115.48
11.00%$5,218.73
11.25%$5,322.51
11.50%$5,426.80
11.75%$5,531.57
12.00%$5,636.80