I would double the size of that SSD. 240GB just isn't a lot these days. I have 512GB (477GiB in reality), a 60GB OS partition, and just with KI (43GB), DOOM (76GB), and a bunch of smaller games installed I'm down to 243GB left. You'd be out of space in this scenario, which means you'd very quickly be storing most of your games on the HDD and not really benefiting from the SSD unless you're willing to constantly shift games between drives (which'll take something on the order of 10mins per game for larger games) or only play one game at a time (good luck if you have a few go-to games that you want to leave on the SSD). Games will probably get bigger from here on out, too, since 4K is happening and the industry places a premium on pushing high-detail content. Others may encourage you to go for a more premium model, but I think you need to make space a priority regardless.
Other than that, I think you're probably fine. Other thoughts from not being an expert on hardware by any means, but having recently built a PC and having researched the shit out of every part:
The 6600K seems like the sweet spot. You probably won't overclock now (I haven't yet), but it should add an extra year or so to the life of the CPU before you have to go out and replace the CPU+board+memory. (This whole modularity thing has turned out to be slightly underwhelming.) If you don't want to overclock then the 6500 is probably the most sensible choice, but don't plan on getting a 6500 now and then getting a 6600K later when it goes down in price to prolong the life of your board+memory -- the 6600K won't come down in price. They stop manufacturing them and the demand for the unlocked chip goes up because plenty of people want that performance boost without having to upgrade their motherboards, so if anything it looks like the K chips sometimes go up in price.. I think there's all of one VR game going around that cares about an i7 at this point (and that turned into a witch hunt over accusations of Intel moneyhatting), nothing I saw in researching which processor to get gave me any indication that any game made noteworthy use of hyperthreading or would anytime soon. An i7 may be useful for video editing (I know nothing about it other than that other people say that it is), but otherwise you probably don't want to put $100 of your constrained budget into something that seems to make just about no difference for games.
You can probably move down to a cheaper cooler like the Hyper 212X (or 212 Evo or 212+ or whatever iteration of that cooler you can get). I'm no expert on thermals by any means, but the 212X seems like the sweet spot based on reviews and whatnot.
The motherboard is the most infuriating part of the build to make a decision on, but the one you chose seems fine -- at least insofar as ASUS is concerned, it's hard to justify moving up to a ROG board or a Sabertooth, and there are features on your board that you might end up using that aren't present on more budget boards.
Any GTX 1070 is probably fine. I got an EVGA GTX 1070 FTW because of EVGA's superb build quality and customer service, but there's been some stuff around the thermals around parts of the card making the cards catch on fire in rare cases, which they addressed with a BIOS update and also sent out these optional thermal pads that I'm thinking about installing, so go figure. It's all good and well to say you should put more money in and get a 1080, except that you'd probably have to radically expand your budget or gut the rest of your build to fit it in, and with a 1070 you're going to comfortably max out games at 1080p on your monitor with headroom to spare anyway, so you probably shouldn't unless you're considering 4K in the next year or so. Hell, apparently you can get a really good overclock out of a 1070 anyway.
Cases are a pretty subjective thing, but I think the Phantom cases are fugly. I kinda liked the look of the H440, but it seems dated and flawed in various ways, so I went with the cheaper S340. It's worth looking at video reviews of various cases to see what you'll be dealing with, internally the Phantom is almost identical to the H440. The case is a component you could be using 10 years from now on a totally different build so it's probably worth spending up here, but I didn't because I think case makers need to lift their game.
As others have said, your PSU is overkill -- but it's only, what, $20 of overkill? I think getting an 80Plus Gold-rated supply is probably worth the outlay, because it'll be more power-efficient, is less likely to explode or cause any harm to your system (a Bronze-rated shouldn't either I guess), and will come with a better warranty, which is good because you're putting this thing in the next build you make, and probably the one after that. You'll probably never need 750W, but you might find a use for 650W one day? I don't know. It's also good to have headroom, both because you might add something else that draws power later, and because PSUs operate at peak efficiency at something like half load. The PSU you picked has a 10-year warranty attached, which I believe requires registering the product with EVGA online, but it's probably the best warranty you're going to get.
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