A $300,000 mortgage at 4.0% annual interest rate over 10 years requires a monthly payment of $3,037.35.
Over the life of the loan, you will pay a total of $364,482.5, of which $64,482.5 is interest — 17.7% 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.