A $300,000 mortgage at 7.5% annual interest rate over 30 years requires a monthly payment of $2,097.64.
Over the life of the loan, you will pay a total of $755,151.67, of which $455,151.67 is interest — 60.3% 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.