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$600K Mortgage Payment (15-Year)

A $600K mortgage over 15 years costs about $5,227/month in principal and interest at a 6.5% rate. At 5.5% it is $4,903/mo; at 7.5% it is $5,562/mo. Over the full term you would pay about $340,795 in interest.

Monthly payment by interest rate

Interest rate Monthly payment (15-year)
5.5% $4,903
6.0% $5,063
6.5% $5,227
7.0% $5,393
7.5% $5,562

Principal and interest only. Your full monthly payment also includes property tax, homeowners insurance, PMI (if you put less than 20% down), and any HOA dues — add those in the calculator.

Related scenarios

Frequently asked questions

How much is a $600K mortgage per month?

At 6.5% over 15 years, a $600K mortgage is about $5,227 per month in principal and interest. Over 30 years it is about $3,792 per month.

How much total interest on a $600K mortgage?

Over 15 years at 6.5%, you would pay about $340,795 in total interest, for about $940,795 in total payments on the $600K loan.

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