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How much should I expect monthly payments for a $600,000. – How much should I expect monthly payments for a $600,000 mortgage? I'm thinking of getting a mortgage loan that is worth $600,000. I have $200,000 downpayment. So that means, I have $400,000 that I owe left right? If I go for the 30 year plan mortgage. How much should I expect to pay each month? And what is the normal interest rate there is?