A $150,000 mortgage at 7.5% annual interest rate over 15 years requires a monthly payment of $1,390.52.
Over the life of the loan, you will pay a total of $250,293.34, of which $100,293.34 is interest — 40.1% 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.