A $200,000 mortgage at 3.0% annual interest rate over 25 years requires a monthly payment of $948.42.
Over the life of the loan, you will pay a total of $284,526.79, of which $84,526.79 is interest — 29.7% 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.