A $250,000 mortgage at 4.0% annual interest rate over 25 years requires a monthly payment of $1,319.59.
Over the life of the loan, you will pay a total of $395,877.63, of which $145,877.63 is interest — 36.8% 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.