Although a $600,000 home costs more than the national average, you can easily find yourself shopping in this price range in higher-cost-of-living areas, such as Boston, San Francisco, and Miami — especially if you need to buy a larger house. It’s essential to understand how a$600,000 mortgage will impact your short-term and long-term finances. What determines your mortgage payment on $600,000? Many factors influence your mortgage cost besides the home price, including the following: Down payment. The ...