A $600,000 mortgage at 7.0% annual interest rate over 10 years requires a monthly payment of $6,966.51.
Over the life of the loan, you will pay a total of $835,981.05, of which $235,981.05 is interest — 28.2% 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.