$690,000 House at 5.00%

What's the monthly mortgage payment on a $690,000 house? Loan price for a $690,000 house with a 5.00% interest rate.
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Monthly payment = $2,963
Total yearly payments = $35,559
Payments by Interest Rate
Interest Rate Payment
4.500% $2,797
4.625% $2,838
4.750% $2,879
4.875% $2,921
5.000% $2,963
5.125% $3,006
5.250% $3,048
5.375% $3,091
5.500% $3,134
Payments by Amount Down
% Down Amount Payment
3.5% $24,150 $3,574
5.0% $34,500 $3,519
7.5% $51,750 $3,426
10% $69,000 $3,334
15% $103,500 $3,148
20% $138,000 $2,963
25% $172,500 $2,778
30% $207,000 $2,593
50% $345,000 $1,852
Payments by Loan Length
Length Payment
10 years $5,855
15 years $4,365
20 years $3,643
30 years $2,963
40 years $2,662
Interest only $2,300

Can I afford a $690,000 house?

Traditionally, the "28% rule" means a person should not spend more than 28% of their pre-tax income on total housing costs.

Let's assume that taxes and insurance are 2% of the house price annually. Here's how much you'd have to make to afford a house that costs $690,000 with a 5.00% loan:

% Down Down Payment Income Required
3.5% $24,150 $202,475
5.0% $34,500 $200,094
7.5% $51,750 $196,126
10% $69,000 $192,157
15% $103,500 $184,220
20% $138,000 $176,282
25% $172,500 $168,345
30% $207,000 $160,408
50% $345,000 $128,659