Mortgage Payment for a $588,500 Loan at 3% Interest

What's the monthly payment? Use the calculator and browse the rate chart. Should I refinance? How much is the monthly payment for a $588,500 mortgage with a 3% interest rate?
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Monthly Payment
Total Interest Paid
Total Paid

30 Year - $588,500 Mortgage

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Find the monthly payment based on the interest rate. Check with a mortgage lender for exact rates and check for any potential discounts, such as military, HARP refinance, homeowner, etc. Make sure to ask about any points or fees. Also determine the taxes on a home purchase as well as any maintenance costs and home insurance.

Some people may prefer a shorter mortgage term, such as 15 or 20 years. Adjust the calculator above to account for this. The calculator can be used for any type of loan, such as a mortgage, car loan, mobile home, motorhome, motorcycle, land, business, etc.

Interest Rate Price
0.01%$1,637.18
0.02%$1,639.64
0.03%$1,642.11
0.04%$1,644.58
0.05%$1,647.05
0.06%$1,649.52
0.07%$1,651.99
0.08%$1,654.47
0.09%$1,656.95
0.10%$1,659.43
0.11%$1,661.92
0.12%$1,664.41
0.13%$1,666.90
0.14%$1,669.39
0.15%$1,671.88
0.16%$1,674.38
0.17%$1,676.88
0.18%$1,679.38
0.19%$1,681.88
0.20%$1,684.39
0.21%$1,686.90
0.22%$1,689.41
0.23%$1,691.93
0.24%$1,694.44
0.25%$1,696.96
0.26%$1,699.48
0.27%$1,702.01
0.28%$1,704.53
0.29%$1,707.06
0.30%$1,709.59
0.31%$1,712.13
0.32%$1,714.66
0.33%$1,717.20
0.34%$1,719.74
0.35%$1,722.28
0.36%$1,724.83
0.37%$1,727.38
0.38%$1,729.93
0.39%$1,732.48
0.40%$1,735.04
0.41%$1,737.60
0.42%$1,740.16
0.43%$1,742.72
0.44%$1,745.29
0.45%$1,747.85
0.46%$1,750.42
0.47%$1,753.00
0.48%$1,755.57
0.49%$1,758.15
0.50%$1,760.73
0.51%$1,763.31
0.52%$1,765.90
0.53%$1,768.49
0.54%$1,771.08
0.55%$1,773.67
0.56%$1,776.26
0.57%$1,778.86
0.58%$1,781.46
0.59%$1,784.06
0.60%$1,786.67
0.61%$1,789.27
0.62%$1,791.88
0.63%$1,794.49
0.64%$1,797.11
0.65%$1,799.73
0.66%$1,802.34
0.67%$1,804.97
0.68%$1,807.59
0.69%$1,810.22
0.70%$1,812.85
0.71%$1,815.48
0.72%$1,818.11
0.73%$1,820.75
0.74%$1,823.39
0.75%$1,826.03
0.76%$1,828.67
0.77%$1,831.32
0.78%$1,833.97
0.79%$1,836.62
0.80%$1,839.27
0.81%$1,841.93
0.82%$1,844.58
0.83%$1,847.24
0.84%$1,849.91
0.85%$1,852.57
0.86%$1,855.24
0.87%$1,857.91
0.88%$1,860.58
0.89%$1,863.26
0.90%$1,865.94
0.91%$1,868.62
0.92%$1,871.30
0.93%$1,873.99
0.94%$1,876.67
0.95%$1,879.36
0.96%$1,882.06
0.97%$1,884.75
0.98%$1,887.45
0.99%$1,890.15
1.00%$1,892.85
Interest Rate Price
1.01%$1,895.55
1.02%$1,898.26
1.03%$1,900.97
1.04%$1,903.68
1.05%$1,906.39
1.06%$1,909.11
1.07%$1,911.83
1.08%$1,914.55
1.09%$1,917.28
1.10%$1,920.00
1.11%$1,922.73
1.12%$1,925.46
1.13%$1,928.20
1.14%$1,930.93
1.15%$1,933.67
1.16%$1,936.41
1.17%$1,939.15
1.18%$1,941.90
1.19%$1,944.65
1.20%$1,947.40
1.21%$1,950.15
1.22%$1,952.91
1.23%$1,955.66
1.24%$1,958.42
1.25%$1,961.19
1.26%$1,963.95
1.27%$1,966.72
1.28%$1,969.49
1.29%$1,972.26
1.30%$1,975.04
1.31%$1,977.81
1.32%$1,980.59
1.33%$1,983.37
1.34%$1,986.16
1.35%$1,988.94
1.36%$1,991.73
1.37%$1,994.52
1.38%$1,997.32
1.39%$2,000.11
1.40%$2,002.91
1.41%$2,005.71
1.42%$2,008.52
1.43%$2,011.32
1.44%$2,014.13
1.45%$2,016.94
1.46%$2,019.76
1.47%$2,022.57
1.48%$2,025.39
1.49%$2,028.21
1.50%$2,031.03
1.51%$2,033.86
1.52%$2,036.69
1.53%$2,039.51
1.54%$2,042.35
1.55%$2,045.18
1.56%$2,048.02
1.57%$2,050.86
1.58%$2,053.70
1.59%$2,056.54
1.60%$2,059.39
1.61%$2,062.24
1.62%$2,065.09
1.63%$2,067.95
1.64%$2,070.80
1.65%$2,073.66
1.66%$2,076.52
1.67%$2,079.38
1.68%$2,082.25
1.69%$2,085.12
1.70%$2,087.99
1.71%$2,090.86
1.72%$2,093.74
1.73%$2,096.62
1.74%$2,099.50
1.75%$2,102.38
1.76%$2,105.26
1.77%$2,108.15
1.78%$2,111.04
1.79%$2,113.93
1.80%$2,116.83
1.81%$2,119.72
1.82%$2,122.62
1.83%$2,125.52
1.84%$2,128.43
1.85%$2,131.33
1.86%$2,134.24
1.87%$2,137.15
1.88%$2,140.07
1.89%$2,142.98
1.90%$2,145.90
1.91%$2,148.82
1.92%$2,151.74
1.93%$2,154.67
1.94%$2,157.60
1.95%$2,160.53
1.96%$2,163.46
1.97%$2,166.39
1.98%$2,169.33
1.99%$2,172.27
2.00%$2,175.21
Interest Rate Price
2.01%$2,178.15
2.02%$2,181.10
2.03%$2,184.05
2.04%$2,187.00
2.05%$2,189.95
2.06%$2,192.91
2.07%$2,195.87
2.08%$2,198.83
2.09%$2,201.79
2.10%$2,204.76
2.11%$2,207.73
2.12%$2,210.70
2.13%$2,213.67
2.14%$2,216.64
2.15%$2,219.62
2.16%$2,222.60
2.17%$2,225.58
2.18%$2,228.56
2.19%$2,231.55
2.20%$2,234.54
2.21%$2,237.53
2.22%$2,240.52
2.23%$2,243.52
2.24%$2,246.52
2.25%$2,249.52
2.26%$2,252.52
2.27%$2,255.53
2.28%$2,258.53
2.29%$2,261.54
2.30%$2,264.56
2.31%$2,267.57
2.32%$2,270.59
2.33%$2,273.61
2.34%$2,276.63
2.35%$2,279.65
2.36%$2,282.68
2.37%$2,285.71
2.38%$2,288.74
2.39%$2,291.77
2.40%$2,294.80
2.41%$2,297.84
2.42%$2,300.88
2.43%$2,303.93
2.44%$2,306.97
2.45%$2,310.02
2.46%$2,313.07
2.47%$2,316.12
2.48%$2,319.17
2.49%$2,322.23
2.50%$2,325.29
2.51%$2,328.35
2.52%$2,331.41
2.53%$2,334.48
2.54%$2,337.54
2.55%$2,340.61
2.56%$2,343.69
2.57%$2,346.76
2.58%$2,349.84
2.59%$2,352.92
2.60%$2,356.00
2.61%$2,359.08
2.62%$2,362.17
2.63%$2,365.26
2.64%$2,368.35
2.65%$2,371.44
2.66%$2,374.54
2.67%$2,377.64
2.68%$2,380.74
2.69%$2,383.84
2.70%$2,386.94
2.71%$2,390.05
2.72%$2,393.16
2.73%$2,396.27
2.74%$2,399.38
2.75%$2,402.50
2.76%$2,405.62
2.77%$2,408.74
2.78%$2,411.86
2.79%$2,414.99
2.80%$2,418.11
2.81%$2,421.24
2.82%$2,424.38
2.83%$2,427.51
2.84%$2,430.65
2.85%$2,433.79
2.86%$2,436.93
2.87%$2,440.07
2.88%$2,443.22
2.89%$2,446.36
2.90%$2,449.51
2.91%$2,452.67
2.92%$2,455.82
2.93%$2,458.98
2.94%$2,462.14
2.95%$2,465.30
2.96%$2,468.46
2.97%$2,471.63
2.98%$2,474.80
2.99%$2,477.97
3.00%$2,481.14
Interest Rate Price
3.01%$2,484.31
3.02%$2,487.49
3.03%$2,490.67
3.04%$2,493.85
3.05%$2,497.04
3.06%$2,500.22
3.07%$2,503.41
3.08%$2,506.60
3.09%$2,509.80
3.10%$2,512.99
3.11%$2,516.19
3.12%$2,519.39
3.13%$2,522.59
3.14%$2,525.80
3.15%$2,529.00
3.16%$2,532.21
3.17%$2,535.42
3.18%$2,538.63
3.19%$2,541.85
3.20%$2,545.07
3.21%$2,548.29
3.22%$2,551.51
3.23%$2,554.73
3.24%$2,557.96
3.25%$2,561.19
3.26%$2,564.42
3.27%$2,567.65
3.28%$2,570.89
3.29%$2,574.13
3.30%$2,577.37
3.31%$2,580.61
3.32%$2,583.85
3.33%$2,587.10
3.34%$2,590.35
3.35%$2,593.60
3.36%$2,596.85
3.37%$2,600.11
3.38%$2,603.37
3.39%$2,606.63
3.40%$2,609.89
3.41%$2,613.15
3.42%$2,616.42
3.43%$2,619.69
3.44%$2,622.96
3.45%$2,626.23
3.46%$2,629.51
3.47%$2,632.78
3.48%$2,636.06
3.49%$2,639.34
3.50%$2,642.63
3.51%$2,645.91
3.52%$2,649.20
3.53%$2,652.49
3.54%$2,655.79
3.55%$2,659.08
3.56%$2,662.38
3.57%$2,665.68
3.58%$2,668.98
3.59%$2,672.28
3.60%$2,675.59
3.61%$2,678.90
3.62%$2,682.21
3.63%$2,685.52
3.64%$2,688.83
3.65%$2,692.15
3.66%$2,695.47
3.67%$2,698.79
3.68%$2,702.11
3.69%$2,705.44
3.70%$2,708.77
3.71%$2,712.10
3.72%$2,715.43
3.73%$2,718.76
3.74%$2,722.10
3.75%$2,725.44
3.76%$2,728.78
3.77%$2,732.12
3.78%$2,735.46
3.79%$2,738.81
3.80%$2,742.16
3.81%$2,745.51
3.82%$2,748.86
3.83%$2,752.22
3.84%$2,755.58
3.85%$2,758.94
3.86%$2,762.30
3.87%$2,765.66
3.88%$2,769.03
3.89%$2,772.40
3.90%$2,775.77
3.91%$2,779.14
3.92%$2,782.51
3.93%$2,785.89
3.94%$2,789.27
3.95%$2,792.65
3.96%$2,796.03
3.97%$2,799.42
3.98%$2,802.81
3.99%$2,806.20
4.00%$2,809.59
Interest Rate Price
4.01%$2,812.98
4.02%$2,816.38
4.03%$2,819.78
4.04%$2,823.18
4.05%$2,826.58
4.06%$2,829.98
4.07%$2,833.39
4.08%$2,836.80
4.09%$2,840.21
4.10%$2,843.62
4.11%$2,847.04
4.12%$2,850.45
4.13%$2,853.87
4.14%$2,857.29
4.15%$2,860.72
4.16%$2,864.14
4.17%$2,867.57
4.18%$2,871.00
4.19%$2,874.43
4.20%$2,877.87
4.21%$2,881.30
4.22%$2,884.74
4.23%$2,888.18
4.24%$2,891.62
4.25%$2,895.07
4.26%$2,898.51
4.27%$2,901.96
4.28%$2,905.41
4.29%$2,908.86
4.30%$2,912.32
4.31%$2,915.78
4.32%$2,919.23
4.33%$2,922.69
4.34%$2,926.16
4.35%$2,929.62
4.36%$2,933.09
4.37%$2,936.56
4.38%$2,940.03
4.39%$2,943.50
4.40%$2,946.98
4.41%$2,950.46
4.42%$2,953.93
4.43%$2,957.42
4.44%$2,960.90
4.45%$2,964.38
4.46%$2,967.87
4.47%$2,971.36
4.48%$2,974.85
4.49%$2,978.35
4.50%$2,981.84
4.51%$2,985.34
4.52%$2,988.84
4.53%$2,992.34
4.54%$2,995.85
4.55%$2,999.35
4.56%$3,002.86
4.57%$3,006.37
4.58%$3,009.88
4.59%$3,013.40
4.60%$3,016.91
4.61%$3,020.43
4.62%$3,023.95
4.63%$3,027.47
4.64%$3,031.00
4.65%$3,034.52
4.66%$3,038.05
4.67%$3,041.58
4.68%$3,045.11
4.69%$3,048.65
4.70%$3,052.18
4.71%$3,055.72
4.72%$3,059.26
4.73%$3,062.80
4.74%$3,066.35
4.75%$3,069.89
4.76%$3,073.44
4.77%$3,076.99
4.78%$3,080.55
4.79%$3,084.10
4.80%$3,087.66
4.81%$3,091.21
4.82%$3,094.77
4.83%$3,098.34
4.84%$3,101.90
4.85%$3,105.47
4.86%$3,109.03
4.87%$3,112.60
4.88%$3,116.18
4.89%$3,119.75
4.90%$3,123.33
4.91%$3,126.90
4.92%$3,130.48
4.93%$3,134.07
4.94%$3,137.65
4.95%$3,141.24
4.96%$3,144.82
4.97%$3,148.41
4.98%$3,152.01
4.99%$3,155.60
5.00%$3,159.20
Interest Rate Price
5.01%$3,162.79
5.02%$3,166.39
5.03%$3,169.99
5.04%$3,173.60
5.05%$3,177.20
5.06%$3,180.81
5.07%$3,184.42
5.08%$3,188.03
5.09%$3,191.64
5.10%$3,195.26
5.11%$3,198.88
5.12%$3,202.50
5.13%$3,206.12
5.14%$3,209.74
5.15%$3,213.36
5.16%$3,216.99
5.17%$3,220.62
5.18%$3,224.25
5.19%$3,227.88
5.20%$3,231.52
5.21%$3,235.15
5.22%$3,238.79
5.23%$3,242.43
5.24%$3,246.07
5.25%$3,249.72
5.26%$3,253.36
5.27%$3,257.01
5.28%$3,260.66
5.29%$3,264.31
5.30%$3,267.97
5.31%$3,271.62
5.32%$3,275.28
5.33%$3,278.94
5.34%$3,282.60
5.35%$3,286.26
5.36%$3,289.93
5.37%$3,293.60
5.38%$3,297.27
5.39%$3,300.94
5.40%$3,304.61
5.41%$3,308.28
5.42%$3,311.96
5.43%$3,315.64
5.44%$3,319.32
5.45%$3,323.00
5.46%$3,326.68
5.47%$3,330.37
5.48%$3,334.06
5.49%$3,337.75
5.50%$3,341.44
5.51%$3,345.13
5.52%$3,348.83
5.53%$3,352.52
5.54%$3,356.22
5.55%$3,359.92
5.56%$3,363.63
5.57%$3,367.33
5.58%$3,371.04
5.59%$3,374.74
5.60%$3,378.45
5.61%$3,382.17
5.62%$3,385.88
5.63%$3,389.60
5.64%$3,393.31
5.65%$3,397.03
5.66%$3,400.75
5.67%$3,404.48
5.68%$3,408.20
5.69%$3,411.93
5.70%$3,415.66
5.71%$3,419.39
5.72%$3,423.12
5.73%$3,426.85
5.74%$3,430.59
5.75%$3,434.33
5.76%$3,438.07
5.77%$3,441.81
5.78%$3,445.55
5.79%$3,449.29
5.80%$3,453.04
5.81%$3,456.79
5.82%$3,460.54
5.83%$3,464.29
5.84%$3,468.05
5.85%$3,471.80
5.86%$3,475.56
5.87%$3,479.32
5.88%$3,483.08
5.89%$3,486.84
5.90%$3,490.61
5.91%$3,494.37
5.92%$3,498.14
5.93%$3,501.91
5.94%$3,505.69
5.95%$3,509.46
5.96%$3,513.23
5.97%$3,517.01
5.98%$3,520.79
5.99%$3,524.57
6.00%$3,528.35