A $250,000 mortgage at 6.0% annual interest rate over 15 years requires a monthly payment of $2,109.64.
Over the life of the loan, you will pay a total of $379,735.57, of which $129,735.57 is interest — 34.2% 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.