A $200,000 mortgage at 6.5% annual interest rate over 10 years requires a monthly payment of $2,270.96.
Over the life of the loan, you will pay a total of $272,515.15, of which $72,515.15 is interest — 26.6% 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.