The Digester

At current US averages in March 2026, a $600,000 mortgage costs roughly $3,741 per month on a 30-year and $5,021 on a 15-year, before taxes, insurance and private mortgage insurance.

Average 30-year rate is 6.37% and average 15-year rate is 5.87%.
Monthly payments for a $600,000 loan are $3,741.26 for a 30-year and $5,021.10 for a 15-year, excluding taxes, insurance and PMI.
Since mid-February payments rose about $195 for 30-year loans and about $160 for 15-year loans.
March rate increases reflect a Federal Reserve hold, rising unemployment and slowed progress on lowering inflation.
Buyers can lock rates or use lender float down options, but waiting risks higher costs or losing a chosen home.

What a $600,000 mortgage costs now

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