A $300,000 mortgage at 4.5% annual interest rate over 10 years requires a monthly payment of $3,109.15.
Over the life of the loan, you will pay a total of $373,098.27, of which $73,098.27 is interest — 19.6% 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.