A $50,000 mortgage at 6.0% annual interest rate over 25 years requires a monthly payment of $322.15.
Over the life of the loan, you will pay a total of $96,645.21, of which $46,645.21 is interest — 48.3% 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.