A $100,000 mortgage at 7.0% annual interest rate over 20 years requires a monthly payment of $775.3.
Over the life of the loan, you will pay a total of $186,071.74, of which $86,071.74 is interest — 46.3% of your total payments.
Use the calculator above to adjust the loan amount, term, or interest rate to find the mortgage that fits your budget.