A $1,000,000 mortgage at 6.0% annual interest rate over 10 years requires a monthly payment of $11,102.05.
Over the life of the loan, you will pay a total of $1,332,246.02, of which $332,246.02 is interest — 24.9% 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.