A $150,000 mortgage at 8.0% annual interest rate over 25 years requires a monthly payment of $1,157.72.
Over the life of the loan, you will pay a total of $347,317.3, of which $197,317.3 is interest — 56.8% 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.