A $150,000 mortgage at 6.5% annual interest rate over 25 years requires a monthly payment of $1,012.81.
Over the life of the loan, you will pay a total of $303,843.22, of which $153,843.22 is interest — 50.6% 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.