A $200,000 mortgage at 6.0% annual interest rate over 30 years requires a monthly payment of $1,199.1.
Over the life of the loan, you will pay a total of $431,676.38, of which $231,676.38 is interest — 53.7% 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.