A $600,000 mortgage at 3.5% annual interest rate over 10 years requires a monthly payment of $5,933.15.
Over the life of the loan, you will pay a total of $711,978.25, of which $111,978.25 is interest — 15.7% 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.