A $300,000 mortgage at 6.0% annual interest rate over 30 years requires a monthly payment of $1,798.65.
Over the life of the loan, you will pay a total of $647,514.57, of which $347,514.57 is interest — 53.7% 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.