A $200,000 mortgage at 8.0% annual interest rate over 30 years requires a monthly payment of $1,467.53.
Over the life of the loan, you will pay a total of $528,310.49, of which $328,310.49 is interest — 62.1% 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.