$691,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $691k 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 691,000 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 $691,000 house.
2% interest
0% down$2,554.07/mo
5% down$2,426.37/mo
10% down$2,298.66/mo
15% down$2,170.96/mo
20% down$2,043.26/mo
25% down$1,915.55/mo
30% down$1,787.85/mo
35% down$1,660.15/mo
40% down$1,532.44/mo
45% down$1,404.74/mo
50% down$1,277.04/mo
4% interest
0% down$3,298.94/mo
5% down$3,133.99/mo
10% down$2,969.05/mo
15% down$2,804.10/mo
20% down$2,639.15/mo
25% down$2,474.20/mo
30% down$2,309.26/mo
35% down$2,144.31/mo
40% down$1,979.36/mo
45% down$1,814.42/mo
50% down$1,649.47/mo
6% interest
0% down$4,142.89/mo
5% down$3,935.75/mo
10% down$3,728.60/mo
15% down$3,521.46/mo
20% down$3,314.32/mo
25% down$3,107.17/mo
30% down$2,900.03/mo
35% down$2,692.88/mo
40% down$2,485.74/mo
45% down$2,278.59/mo
50% down$2,071.45/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 691,000 house with a 20% down payment?
($552,800 loan. 30 year mortgage)
0.25%$1,594.02
0.50%$1,653.92
0.75%$1,715.26
1.00%$1,778.02
1.25%$1,842.22
1.50%$1,907.82
1.75%$1,974.84
2.00%$2,043.26
2.25%$2,113.06
2.50%$2,184.23
2.75%$2,256.76
3.00%$2,330.63
3.25%$2,405.82
3.50%$2,482.32
3.75%$2,560.10
4.00%$2,639.15
4.25%$2,719.44
4.50%$2,800.96
4.75%$2,883.67
5.00%$2,967.55
5.25%$3,052.58
5.50%$3,138.74
5.75%$3,225.99
6.00%$3,314.32
6.25%$3,403.68
6.50%$3,494.07
6.75%$3,585.45
7.00%$3,677.79
7.25%$3,771.07
7.50%$3,865.26
7.75%$3,960.33
8.00%$4,056.25
8.25%$4,153.00
8.50%$4,250.55
8.75%$4,348.88
9.00%$4,447.95
9.25%$4,547.75
9.50%$4,648.24
9.75%$4,749.41
10.00%$4,851.22
10.25%$4,953.65
10.50%$5,056.68
10.75%$5,160.28
11.00%$5,264.44
11.25%$5,369.13
11.50%$5,474.33
11.75%$5,580.02
12.00%$5,686.17