$698,000 Mortgage Loan Payments and Costs

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Loan Summary


Use the mortgage calculator to calculate the cost of buying a $698k 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 698,000 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 $698,000 house.
2% interest
0% down$2,579.94/mo
5% down$2,450.95/mo
10% down$2,321.95/mo
15% down$2,192.95/mo
20% down$2,063.96/mo
25% down$1,934.96/mo
30% down$1,805.96/mo
35% down$1,676.96/mo
40% down$1,547.97/mo
45% down$1,418.97/mo
50% down$1,289.97/mo
4% interest
0% down$3,332.36/mo
5% down$3,165.74/mo
10% down$2,999.12/mo
15% down$2,832.50/mo
20% down$2,665.89/mo
25% down$2,499.27/mo
30% down$2,332.65/mo
35% down$2,166.03/mo
40% down$1,999.42/mo
45% down$1,832.80/mo
50% down$1,666.18/mo
6% interest
0% down$4,184.86/mo
5% down$3,975.62/mo
10% down$3,766.38/mo
15% down$3,557.13/mo
20% down$3,347.89/mo
25% down$3,138.65/mo
30% down$2,929.40/mo
35% down$2,720.16/mo
40% down$2,510.92/mo
45% down$2,301.67/mo
50% down$2,092.43/mo
Should I refinance? If your interest rate is higher than the current market rate, consider refinancing.
What's the payment on a 698,000 house with a 20% down payment?
($558,400 loan. 30 year mortgage)
0.25%$1,610.17
0.50%$1,670.67
0.75%$1,732.63
1.00%$1,796.04
1.25%$1,860.88
1.50%$1,927.15
1.75%$1,994.85
2.00%$2,063.96
2.25%$2,134.46
2.50%$2,206.36
2.75%$2,279.62
3.00%$2,354.24
3.25%$2,430.19
3.50%$2,507.47
3.75%$2,586.04
4.00%$2,665.89
4.25%$2,746.99
4.50%$2,829.33
4.75%$2,912.88
5.00%$2,997.61
5.25%$3,083.51
5.50%$3,170.53
5.75%$3,258.67
6.00%$3,347.89
6.25%$3,438.16
6.50%$3,529.47
6.75%$3,621.77
7.00%$3,715.05
7.25%$3,809.27
7.50%$3,904.41
7.75%$4,000.45
8.00%$4,097.34
8.25%$4,195.07
8.50%$4,293.61
8.75%$4,392.94
9.00%$4,493.01
9.25%$4,593.82
9.50%$4,695.33
9.75%$4,797.52
10.00%$4,900.36
10.25%$5,003.83
10.50%$5,107.90
10.75%$5,212.56
11.00%$5,317.77
11.25%$5,423.52
11.50%$5,529.79
11.75%$5,636.54
12.00%$5,743.77