A $300,000 mortgage at 6.0% annual interest rate over 15 years requires a monthly payment of $2,531.57.
Over the life of the loan, you will pay a total of $455,682.69, of which $155,682.69 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.