A $150,000 mortgage at 5.0% annual interest rate over 30 years requires a monthly payment of $805.23.
Over the life of the loan, you will pay a total of $289,883.68, of which $139,883.68 is interest — 48.3% 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.