A $300,000 mortgage at 4.0% annual interest rate over 25 years requires a monthly payment of $1,583.51.
Over the life of the loan, you will pay a total of $475,053.16, of which $175,053.16 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.