A $600,000 mortgage at 5.0% annual interest rate over 10 years requires a monthly payment of $6,363.93.
Over the life of the loan, you will pay a total of $763,671.71, of which $163,671.71 is interest — 21.4% 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.