A $250,000 mortgage at 6.0% annual interest rate over 10 years requires a monthly payment of $2,775.51.
Over the life of the loan, you will pay a total of $333,061.51, of which $83,061.51 is interest — 24.9% 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.